About Avidex Infotech Private Limited
Data last updated:
Avidex Infotech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 21 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2009PTC073992. Its GSTIN is 33AAICA7832R1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹6.85 Lakh. It is led by directors Nicholas Thomas Pappas and Melanie Pappas Rochelle.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.2 Aktinson Road Block III 3rd Floor Vepery, Chennai, Tamil Nadu, India – 600007.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.37 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹97,914 (net margin -18.2%) and EBITDA of -₹63,410 (EBITDA margin -11.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avidexinfotech.com.
Company details
Contact details
Avidex Infotech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is avidexinfotech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.2 Aktinson Road Block III 3rd Floor Vepery, Chennai, Tamil Nadu, India – 600007
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Avidex Infotech Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Avidex Infotech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Avidex Infotech Private Limited, buy the company report.
Financials of Avidex Infotech Private Limited
FY 2020 filings availableAvidex Infotech Private Limited reported revenue of ₹5.37 Lakh (down 41% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 41% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.37 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹63,410 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97,914 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.8% | ||||
| Net Profit Margin | -18.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avidex Infotech Private Limited, buy the company report.
Board of directors of Avidex Infotech Private Limited
Avidex Infotech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nicholas Thomas Pappas | Director | 21 Dec 2009 | 16 Years 10 Months | Current |
| Melanie Pappas Rochelle | Director | 21 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Avidex Infotech Private Limited is audited by ARUNKUMAR AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUNKUMAR AND ASSOCIATES | FY 2020 | 012200S |
Shareholding
The shareholding of Avidex Infotech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avidex Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avidex Infotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avidex Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avidex Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICA7832R1Z4 | Tamil Nadu | Active | 23 Apr 2018 |
To see the full GST registrations and return filing status of Avidex Infotech Private Limited, buy the company report.
Recent activity
Avidex Infotech Private Limited has 10 board changes on record since 2009: 6 appointments and 4 cessations. The latest: Hemalatha Manikandan ceased to be Director on 31 Aug 2021.
1 earlier event is in the company report.
Frequently asked questions
Avidex Infotech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 21 December 2009 (17+ years old) and is registered under CIN U72200TN2009PTC073992.
Avidex Infotech has 2 current directors:
- Nicholas Thomas Pappas - Director
- Melanie Pappas Rochelle - Director
The latest financial statements of Avidex Infotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Avidex Infotech is 33AAICA7832R1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Avidex Infotech is U72200TN2009PTC073992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avidex Infotech was incorporated on 21 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Hemalatha Manikandan ceased to be Director on 31 Aug 2021. Divya Govindaswamy ceased to be Additional Director on 30 Apr 2015. Hemalatha Manikandan was appointed as Director on 30 Apr 2015. Avidex Infotech has 10 board changes on record in total.
Avidex Infotech can be reached through the website avidexinfotech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Avidex Infotech is at No.2 Aktinson Road Block III 3rd Floor Vepery, Chennai, Tamil Nadu, India – 600007.
Avidex Infotech operates in the information technology industry, in the web design and maintenance services segment.