Azayatek Technologies Private Limited
About Azayatek Technologies Private Limited
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Azayatek Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC130896.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramu Mamatha and Kotakonda Sowmya.
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 No.11 Om Residency L/O Kodigehalli K.R Puram, Bangalore, Karnataka, India – 560036.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.54 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹9 Lakh (net margin 11.9%) and EBITDA of ₹14.17 Lakh (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
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- Registered AddressNo.11 Om Residency L/O Kodigehalli K.R Puram, Bangalore, Karnataka, India – 560036
- 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 Azayatek Technologies Private Limited
The main business activity of Azayatek Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Azayatek Technologies Private Limited FY 2024 filings available
Azayatek Technologies Private Limited reported revenue of ₹75.54 Lakh (down 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Azayatek Technologies Private Limited
Revenue fell 66% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA fell 48% 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 Azayatek Technologies 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹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 Azayatek Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• | •••• |
| 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 Azayatek Technologies are in the company report.
Financial statements from FY 2020
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 Azayatek Technologies Private Limited
Azayatek Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Embarc Information Technology Private Limited | ₹75.57 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Uttar Pradesh, India |
| Think IT Works Private Limited | ₹75.57 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Gurgaon, Haryana, India |
| Oddeven Infotech Private Limited | ₹75.55 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Kudasan, Ta-Gadhinagar, Gujarat, India |
| Wirelabs Private Limited | ₹75.54 Lakh (FY 2022) | •••• | •••• | 13.0% | •••• | Deoband, Uttar Pradesh, India |
| Aywa Analytix Private Limited | ₹75.54 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Azayatek Technologies Private Limited this company | ₹75.54 Lakh (FY 2024) | •••• | •••• | -66.0% | •••• | Bangalore, Karnataka, India |
| Bomisco Technology Private Limited | ₹75.5 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Bengaluru, Karnataka, India |
| Techcyanic Software Services Private Limited | ₹75.49 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Hyderabad, Telangana, India |
| Martinstreet Private Limited | ₹75.46 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Aaklan IT Solutions Private Limited | ₹75.44 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Jaipur, Rajasthan, India |
| Employee Experts Solutions Private Limited | ₹75.44 Lakh (FY 2022) | •••• | •••• | -64.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Azayatek Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Azayatek Technologies Private Limited
Azayatek Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramu Mamatha | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Kotakonda Sowmya | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
Charges & Borrowings of Azayatek Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2023 | Axis Bank Limited | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Azayatek Technologies Private Limited
Employment history and EPFO contributions of people linked to Azayatek Technologies.
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 Azayatek Technologies Private Limited
Azayatek Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kotakonda Sowmya was appointed as Director on 23 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Azayatek Technologies 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 Azayatek Technologies 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 Azayatek Technologies 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 Azayatek Technologies Private Limited
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 Azayatek Technologies 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 Azayatek Technologies Private Limited
Azayatek Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under CIN U72900KA2019PTC130896.
Azayatek Technologies reported revenue of ₹75.54 Lakh for FY 2024 (down 66% YoY).
Azayatek Technologies has 2 current directors:
- Ramu Mamatha - Director
- Kotakonda Sowmya - Director
Azayatek Technologies reported a net profit of ₹9 Lakh (net margin 11.9%) and EBITDA of ₹14.17 Lakh (EBITDA margin 18.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Azayatek Technologies is 47% over three years. In the latest year (FY 2024) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Azayatek Technologies is U72900KA2019PTC130896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azayatek Technologies was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Azayatek Technologies by revenue are Embarc Information Technology Private Limited, Think IT Works Private Limited, Oddeven Infotech Private Limited, Wirelabs Private Limited, Aywa Analytix Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kotakonda Sowmya was appointed as Director on 23 Dec 2019. Ramu Mamatha was appointed as Director on 23 Dec 2019.
The registered office of Azayatek Technologies is at No.11 Om Residency LO Kodigehalli K.R Puram, Bangalore, Karnataka, India – 560036.
Azayatek Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.