About ARATEK
ARATEK is a Technology company. Provision of biometrics technology solutions in India. Its Indian entity Aratek Innovation Private Limited reported revenue of ₹2.43 Cr. ARATEK offers products and services including Biometric Terminals and Biometric Security Systems. Its focus areas include Security, Access Control, Biometric Systems and Biometrics.
Company details
ARATEK is identified as Indias leading biometrics technology provider, with services in the market since 2016. Advanced digital identity solutions are offered by the company, including STQC-certified products that address Aadhaar authentication requirements. Biometric terminals, security systems, and software are provided for facial recognition and access control purposes, ensuring reliable identity verification processes are maintained across various sectors.
- SectorsTechnology
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- Website aratek.in
- Legal Name Aratek Innovation Private Ltd
- Date of Incorporation 19 Sep, 2017
- Jurisdiction Secunderabad, Telangana, India
- Indian entity revenue₹2.43 Cr
FY 2024 · -31% YoY
- Indian entity net profit₹7 Lakh
FY 2024 · 3% margin
- Indian entity EBITDA₹16.9 Lakh
FY 2024 · 7% margin
Associated legal entities of ARATEK
ARATEK operates through Aratek Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aratek Innovation Private Limited CIN U72200TG2017PTC119626 | Active | 19 Sep 2017 | Secunderabad, Telangana | ₹2.4 Cr | 2 | View details |
Products & Services of ARATEK
ARATEK offers a comprehensive portfolio of products and services, including Biometric Terminals and Biometric Security Systems.
Biometric terminals are utilized for facial recognition and mobile access control in various applications.
These systems are employed for access control and attendance tracking to enhance security measures.
Board of directors of Aratek Innovation Private Limited (ARATEK)
Aratek Innovation Private Limited is the primary company behind ARATEK. The board of Aratek Innovation Private Limited currently have 2 directors; the longest-serving is Soma Rajanarsaiah, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Soma Rajanarsaiah DIN 07942970 | Director | 19 Sep 2017 | 9 yrs 1 mo | Aratek Innovation Private Limited |
| Chih Hsing Wu DIN 07951468 | Director | 09 Mar 2018 | 8 yrs 8 mo | Aratek Innovation Private Limited |
Financials of ARATEK
Figures of Aratek Innovation Private Limited, the primary company behind ARATEK, for FY 2024. Revenue was ₹2.43 Cr (-31% year on year). Net profit was ₹7 Lakh (3% margin). EBITDA was ₹16.9 Lakh (7% margin). Revenue has grown at a compounded annual rate of +60% over three years and +11% over five years.
- ₹2.43 CrRevenue · FY 2024 · -31% YoY
- ₹7 LakhNet profit · 3% margin
- ₹16.9 LakhEBITDA · 7% margin
- ₹50 LakhPaid-up capital
- +60%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aratek Innovation Private Limited are on its company page.
Detailed financial statements for ARATEK
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Frequently Asked Questions about ARATEK
The primary company behind ARATEK, Aratek Innovation Private Limited, reported revenue of ₹2.43 Cr for FY 2024, down 31% year on year.
ARATEK is identified as Indias leading biometrics technology provider, with services in the market since 2016. Advanced digital identity solutions are offered by the company, including STQC-certified products that address Aadhaar authentication requirements. Biometric terminals, security systems, and software are provided for facial recognition and access control purposes, ensuring reliable identity verification processes are maintained across various sectors.
ARATEK offers Biometric Terminals and Biometric Security Systems.
ARATEK operates through Aratek Innovation Private Limited.
The legal entities of ARATEK currently have 2 directors, including Chih Hsing Wu, Soma Rajanarsaiah.