Avineon India Private Limited

Avineon India Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72100TG1998PTC029548 Incorporated 08 June 1998 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹112.35 Cr
▲ 26% YoY
Net profit · FY 2025
₹12.43 Cr
Net margin 11.1%
EBITDA · FY 2025
₹19.07 Cr
EBITDA margin 17%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.65 Cr
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
824
Provident fund records
Directors on board
4
As per MCA filings

About Avineon India Private Limited

Data last updated:

Avineon India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Avineon Inc, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72100TG1998PTC029548. Its GSTIN is 36AADCA7416Q1Z9 (Telangana). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.65 Cr. It is led by directors including Bhashyakarlu Rambhala (Managing Director) and Raghu Ganeshan Ponnani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 International Tech Park, Hyderabad, Telangana.

As per the financials filed for FY 2025, the company reported a revenue of ₹112.35 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹12.43 Cr (net margin 11.1%) and EBITDA of ₹19.07 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.

The company has about 824 employees on its provident fund (EPFO) records.

Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 3 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2020. Its 5 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Relevance Lab Technologies Private Limited with revenue of ₹114.53 Cr.

Avineon India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-09-0000544). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avineon.com.

Company details

CIN U72100TG1998PTC029548
Registration Number 029548
Incorporation Date 08 June 1998
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Avineon Inc, Usa
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-09-0000544

CIN history

Avineon India has one previous CIN (Corporate Identification Number): U72100AP1998PTC029548. The current CIN is U72100TG1998PTC029548, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72100TG1998PTC029548Current
U72100AP1998PTC029548Previous

Recognitions & Rankings of Avineon India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-09-0000544

Contact details

Avineon India Private Limited's registered office is in Hyderabad, Telangana. Its website is avineon.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Atria Building Level – 6 International Tech Park, Software Units Layout, Hyderabad, Telangana, India – 500081
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Avineon India Private Limited, buy the company report.

Comprehensive company report
Avineon India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Avineon India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Avineon India Private Limited, buy the company report.

Financials of Avineon India Private Limited

FY 2024 filings available

Avineon India Private Limited reported revenue of ₹112.35 Cr (up 26% YoY) for FY 2025.

Revenue · FY 2025
₹112.35 Cr ▲ 26%
Net profit · FY 2025
₹12.43 Cr margin 11.1%
EBITDA · FY 2025
₹19.07 Cr margin 17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 187%
3 years · compounded
▲ 14%
5 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 26% growth in the latest year. EBITDA rose 187% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹19.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.43 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17%
Net Profit Margin11.1%
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 Avineon India Private Limited, buy the company report.

Board of directors of Avineon India Private Limited

Avineon India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Raghu Ganeshan PonnaniWhole-Time Director11 Dec 200619 Years 11 MonthsCurrent
Bhashyakarlu RambhalaManaging Director16 Nov 200322 Years 11 MonthsCurrent
Anand Chottengada SubramaniWhole-Time Director25 Apr 20179 Years 6 MonthsCurrent
Soundararaghavan RangachariDirector03 Jun 200620 Years 5 MonthsCurrent

Peer comparison

Avineon India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Relevance Lab Technologies Private Limited₹114.53 Cr (FY 2025)-5.0%Ahmedabad, Gujarat, India
Proarch IT Solutions Private Limited₹113.57 Cr (FY 2025)25.0%Hyderabad, Telangana, India
Aricent Technologies Private Limited₹112.54 Cr (FY 2020)-20.0%New Delhi, Delhi, India
Avineon India Private Limitedthis company₹112.35 Cr (FY 2025)₹12.43 Cr11.1%26.0%824Hyderabad, Telangana, India
Skillmine Technology Consulting Private Limited₹110.27 Cr (FY 2025)-7.0%Bangalore, Karnataka, India
CDP (India) Private Limited₹110.15 Cr (FY 2025)-30.0%Mumbai, Maharashtra, India

To see the full peer comparison of Avineon India Private Limited, buy the company report.

Auditor

Avineon India Private Limited is audited by M S K A & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2023105047W

Shareholding

The shareholding of Avineon India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avineon India Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
None
Breakdown by lending institutions
Icici Bank Limited₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 200490136319Icici Bank Limited₹-Satisfied

To see the full charge records of Avineon India Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Avineon India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2020.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2018Secondary share transferUndisclosedSeller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avineon India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Avineon India Private Limited has a workforce of 824 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
824
Active EPFO establishments
1
Employee growth
-7.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27824
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Avineon India Private Limited, buy the company report.

GST

Avineon India has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
36AADCA7416Q1Z9TelanganaActive01 Jul 2017
37AADCA7416Q3Z5Andhra PradeshActive08 Aug 2017

To see the full GST registrations and return filing status of Avineon India Private Limited, buy the company report.

Recent activity

Avineon India Private Limited has 11 board changes on record since 2003: 4 appointments and 7 cessations. The latest: Madhuri Sarupuru ceased to be Alternate Director on 03 Mar 2018.

AGM
Avineon India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avineon India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Madhuri Sarupuru ceased to be Alternate Director.
Ceased
Anand Chottengada Subramani ceased to be Additional Director.
Appointed
Anand Chottengada Subramani was appointed as Whole-Time Director.
Ceased
Raghu Ganeshan Ponnani ceased to be Alternate Director.
Ceased
Ravi Ravindranath Tagore ceased to be Director.
Ceased
Ramakrishna Emani ceased to be Company Secretary.
Ceased
Krishnamoorthy Kannan ceased to be Director.
Ceased
Subbarao Sriramavenkata Rambhala ceased to be Whole-Time Director.
Appointed
Raghu Ganeshan Ponnani was appointed as Whole-Time Director.
Appointed
Soundararaghavan Rangachari was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Avineon India is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 1998 (28+ years old) and is registered under CIN U72100TG1998PTC029548.

Avineon India has 4 current directors:

The latest financial statements of Avineon India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Avineon India is 36AADCA7416Q1Z9, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AADCA7416Q3Z5 (Andhra Pradesh).

The CIN (Corporate Identification Number) of Avineon India is U72100TG1998PTC029548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avineon India has 9 court cases on record: 4 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.

Avineon India was incorporated on 08 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.

Avineon India has 2 deals on record (2 secondary share transfers); the latest was in March 2020.

The peers of Avineon India by revenue are Relevance Lab Technologies Private Limited, Proarch IT Solutions Private Limited, Aricent Technologies Private Limited, Skillmine Technology Consulting Private Limited, CDP (India) Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Madhuri Sarupuru ceased to be Alternate Director on 03 Mar 2018. Anand Chottengada Subramani ceased to be Additional Director on 12 Sep 2017. Anand Chottengada Subramani was appointed as Whole-Time Director on 25 Apr 2017. Avineon India has 11 board changes on record in total.

Yes, Avineon India is registered as an MSME under Udyam registration (number: UDYAM-TS-09-0000544).