About Axsys Technologies Limited
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Axsys Technologies Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Compass Energy Pte Ltd.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72100WB2007PLC117601. Its GSTIN is 19AAGCA4666F1ZJ (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Arun Kumar Agarwal and Sanjay Dugar.
Its last annual general meeting (AGM) was held on 03 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Level 10 Victoria Park Block – Gn Plot No. – 37/2 Sector – V Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2023, the company reported a revenue of ₹84.18 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹11.9 Lakh (net margin -14.1%) and EBITDA of ₹11.77 Lakh (EBITDA margin 14%). Revenue has declined at a compounded annual rate (CAGR) of 22% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axsys Tech. As per MCA filings, the company has open charges of ₹10.1 Lakh and satisfied charges of ₹7.43 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axsystech.in.
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- Registered AddressLevel 10 Victoria Park Block – Gn Plot No. – 37/2 Sector – V Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, IT Consulting & Support Services
- 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
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Financials of Axsys Technologies Limited FY 2024 filings available
Axsys Technologies Limited reported revenue of ₹84.18 Lakh (down 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Axsys Technologies Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 29% fall in the latest year. EBITDA fell 49% 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 of Axsys Technologies Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹84.18 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.9 Lakh | •••• | •••• | •••• | •••• |
| 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 of Axsys Technologies Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -14.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axsys Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Axsys Technologies Limited
Axsys Technologies Limited is audited by S.DUTT & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.DUTT & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Axsys Technologies Limited
Axsys Technologies has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Agarwal | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Sanjay Dugar Also directs: Buildbrick Builders LLP, SNS Infrarealty LLP, Foremost Builders Private Limited and 5 more | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Subhro Banerjee Also directs: Nordische Cellnova Private Limited, Charzemax Global Private Limited, Nordische Energy Systems Private Limited and 5 more | Director | 13 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Axsys Technologies Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Axsys Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2025 | The South Indian Bank Limited | ₹3.3 Lakh | Open |
| 19 Sep 2022 | The South Indian Bank Limited | ₹3.3 Lakh | Open |
| 19 Oct 2020 | The South Indian Bank Limited | ₹3.5 Lakh | Open |
| 31 Dec 2021 | The South Indian Bank Limited | ₹1.71 Lakh | Satisfied |
| 28 Sep 2010 | Ing Vysya Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Axsys Technologies Limited
Axsys Technologies Limited has 10 court cases on record: 7 filed by Axsys Technologies, 3 filed against it. 4 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 3 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Appeal | Filed by the company against Vision Comptech Integrators Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Manjir Ghosh Deputy Labour Commissioner(P) Bidhannagar | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Abs Consulting Group | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Income Tax Officer, Ward-I(I), Kolkata & Ors | Pending |
| District court, Calcutta, West Bengal | Court case (WBSEA) | Filed by the company against an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Axsys Technologies Limited
Axsys Technologies operates one associated brand: Axsys Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting and software development services are provided in India. | axsystech.in |
Employees and EPFO Compliance at Axsys Technologies Limited
Axsys Technologies Limited has a workforce of 9 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Axsys Technologies Limited
Axsys Technologies Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Arun Kumar Agarwal ceased to be Additional Director on 29 Sep 2018.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Axsys Technologies Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Axsys Technologies Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Axsys Technologies Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Axsys Technologies Limited
Axsys Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCA4666F1ZJ | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Axsys Technologies Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Axsys Technologies Limited
Axsys Technologies is an active public limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 August 2007 (19+ years old) and is registered under CIN U72100WB2007PLC117601.
Axsys Technologies reported revenue of ₹84.18 Lakh for FY 2023 (down 29% YoY).
Axsys Technologies has 3 current directors:
- Arun Kumar Agarwal - Director
- Sanjay Dugar - Director
- Subhro Banerjee - Director
Axsys Technologies reported a net loss of ₹11.9 Lakh (net margin -14.1%) and EBITDA of ₹11.77 Lakh (EBITDA margin 14%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axsys Technologies is -22% over five years. In the latest year (FY 2023) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axsys Technologies is 19AAGCA4666F1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of Axsys Technologies is U72100WB2007PLC117601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axsys Technologies has 10 court cases on record: 7 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Axsys Technologies was incorporated on 03 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Arun Kumar Agarwal ceased to be Additional Director on 29 Sep 2018. Sanjay Dugar ceased to be Additional Director on 29 Sep 2018. Subhro Banerjee ceased to be Additional Director on 29 Sep 2018. Axsys Technologies has 15 board changes on record in total.