About Ayanworks Technology Solutions Private Limited
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Ayanworks Technology Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2015PTC154439. Its GSTIN is 27AANCA3332R1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Pandharinath Jadhav and Kirankalyan Krishnajirao Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fl – 104 Niranjan Classic Ghule Nagar Wadgaon Bk., Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.77 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹19.68 Lakh (net margin 2.5%) and EBITDA of ₹44.14 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 37% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AyanWorks. As per MCA filings, the company has open charges of ₹1.21 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayanworks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFl – 104 Niranjan Classic Ghule Nagar Wadgaon Bk., Pune, Maharashtra, India – 411041
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Ayanworks Technology Solutions Private Limited
The main business activity of Ayanworks Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ayanworks Technology Solutions Private Limited FY 2025 filings available
Ayanworks Technology Solutions Private Limited reported revenue of ₹7.77 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ayanworks Technology Solutions Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 83% 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 Ayanworks Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹44.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.68 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ayanworks Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Ayanworks Technology Solutions 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.
Peer Comparison of Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Site Concepts Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Glocify Technologies Private Limited | ₹7.78 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Panchkula, Haryana, India |
| Sango Life Sutras Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gurgaon, Haryana, India |
| Intezine Lifestyles Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 206.0% | •••• | Pune, Maharashtra, India |
| Gilat Satellite Networks India Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Ayanworks Technology Solutions Private Limited this company | ₹7.77 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Megastar Survey & Consultant India Private Limited | ₹7.77 Cr (FY 2016) | •••• | •••• | 80.0% | •••• | Chennai, Tamil Nadu, India |
| Vedula Engineering Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
| Yuam Crew Management Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Snipp Interactive (India) Private Limited | ₹7.76 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| S M Professional Services Private Limited | ₹7.75 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ayanworks Technology Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions Private Limited is audited by Naresh Kulkarni and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Naresh Kulkarni and Associates | 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 Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions 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 |
|---|---|---|---|---|
| Ajay Pandharinath Jadhav Also directs: Indisattva Foods LLP, Blockster Labs Private Limited | Additional Director | 15 Jan 2018 | 8 Years 8 Months | Current |
| Kirankalyan Krishnajirao Kulkarni Also directs: Blockster Labs Private Limited | Additional Director | 01 Aug 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Ayanworks Technology Solutions Private 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 Ayanworks Technology Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Axis Bank Limited | ₹70 Lakh | Open |
| 28 Dec 2023 | Hdfc Bank Limited | ₹25.77 Lakh | Open |
| 11 Aug 2023 | Hdfc Bank Limited | ₹25.6 Lakh | Open |
Total charge records: 3 View all charges
Associated Brands with Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions operates one associated brand: AyanWorks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive application development and blockchain consulting services to clients. | ayanworks.com |
Employees and EPFO Compliance at Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions Private Limited has a workforce of 38 employees as of Mar 29, 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.
News related to Ayanworks Technology Solutions Private Limited
Recent Activity on Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Chandrakant Nagnathrao Deshmukh ceased to be Managing Director on 22 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ayanworks Technology Solutions Private 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 Ayanworks Technology Solutions Private 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 Ayanworks Technology Solutions Private 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 Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA3332R1Z5 | Maharashtra | 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 Ayanworks Technology Solutions Private 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 Ayanworks Technology Solutions Private Limited
Ayanworks Technology Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 March 2015 (11+ years old) and is registered under CIN U72200PN2015PTC154439.
Ayanworks Technology Solutions reported revenue of ₹7.77 Cr for FY 2024 (down 16% YoY).
Ayanworks Technology Solutions has 2 current directors:
- Ajay Pandharinath Jadhav - Additional Director
- Kirankalyan Krishnajirao Kulkarni - Additional Director
Ayanworks Technology Solutions reported a net profit of ₹19.68 Lakh (net margin 2.5%) and EBITDA of ₹44.14 Lakh (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ayanworks Technology Solutions is 23% over three years and 37% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ayanworks Technology Solutions is 27AANCA3332R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ayanworks Technology Solutions is U72200PN2015PTC154439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayanworks Technology Solutions was incorporated on 23 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ayanworks Technology Solutions by revenue are Site Concepts Private Limited, Glocify Technologies Private Limited, Sango Life Sutras Private Limited, Intezine Lifestyles Private Limited, Gilat Satellite Networks India Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Chandrakant Nagnathrao Deshmukh ceased to be Managing Director on 22 Jun 2020. Kirankalyan Krishnajirao Kulkarni was appointed as Additional Director on 01 Aug 2019. Shital Kirankalyan Kulkarni ceased to be Director on 01 Aug 2019. Ayanworks Technology Solutions has 6 board changes on record in total.
Yes, Ayanworks Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).