About Asya Infosoft
Asya Infosoft is a publicly listed company based in Ahmedabad (India) founded in 1985. IT Consulting Services Company. Its Indian entity Axis Solutions Limited reported revenue of ₹241 Cr. Its focus areas include Business Services, IT Services and IT Advisory. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Asya Infosoft was founded in 1985 and is based in Ahmedabad, India. Operations focus on the IT sector, where strategy and technology implementation services are delivered. These include software development, business process outsourcing, web designing and development, e-business solutions, multimedia and animation, networking solutions, and resource management. The company supports various technology needs through these specialized offerings.
- Headquarters Ahmedabad, India
- Stage Public
- SectorsTechnology
- Email••••••••
- Website sayait.com
- Legal Name Axis Solutions Limited
- Date of Incorporation 02 Dec, 1985
- Jurisdiction Ahmedabad, Gujarat, India
- Market Cap₹2,517 Cr
AXISOL · BSE
- Share Price₹541.00
+1.59% today
- Revenue₹241 Cr
FY 2025-26 · +19.6% YoY
- EBITDA₹45.06 Cr
Margin 18.7%
- Net Profit₹28.84 Cr
FY 2025-26 · -13.9% YoY
- P/E (TTM)83.3x
P/B 17.7x
- ROE22.1%
ROCE 22.6%
- Debt / Equity0.46
Interest cover 10.7x
Associated legal entities of Asya Infosoft
Asya Infosoft operates through Axis Solutions Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Axis Solutions Limited Listed CIN L43212GJ1985PLC029849 | Active | 02 Dec 1985 | Ahmedabad, Gujarat | ₹241 Cr | 10 | View details |
Board of directors of Axis Solutions Limited (Asya Infosoft)
Axis Solutions Limited is the primary company behind Asya Infosoft. The board of Axis Solutions Limited currently have 7 directors; the longest-serving is Anand Shah, appointed in 2024. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Shah DIN 09567072 | Director | 10 Aug 2024 | 2 yrs 3 mo | Axis Solutions Limited |
| Bijal Dineshchandra Sanghvi DIN 01988242 | Managing Director | 10 Aug 2024 | 2 yrs 3 mo | Axis Solutions Limited |
| Purvi Sanghvi DIN 01932029 | CEO | 06 Sep 2024 | 2 yrs 2 mo | Axis Solutions Limited |
| Nirali Parth Shah DIN 10811015 | Director | 30 Nov 2024 | 1 yr 11 mo | Axis Solutions Limited |
| Sherry Bhavesh Shah DIN 10811014 | Director | 30 Nov 2024 | 1 yr 11 mo | Axis Solutions Limited |
| Deepak Purshottambhai Prajapati DIN 10841232 | Director | 30 Nov 2024 | 1 yr 11 mo | Axis Solutions Limited |
| Kornagattil Kutta Guptan DIN 10813992 | Director | 30 Dec 2024 | 1 yr 10 mo | Axis Solutions Limited |
IPO & Listings of Asya Infosoft
Asya Infosoft is a publicly listed company on the BSE with ticker symbol AXISOL in India, operating in the Capital Goods-Non Electrical Equipment sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Jul 2005
- Listed onBSE: 511144
- Listed entityAxis Solutions Limited
- Exchange sectorCapital Goods-Non Electrical Equipment
Financials of Asya Infosoft
Exchange-reported figures of Axis Solutions Limited, the listed company behind Asya Infosoft (BSE: AXISOL).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 241 | 201 | 136 | 39.66 | 34.88 | 38.57 | 31.93 |
| Revenue growth | +19.6% | +47.6% | - | +13.7% | -9.6% | +20.8% | - |
| EBITDA | 45.06 | 35.47 | 3.12 | 1.49 | 1.62 | 1.28 | 2.31 |
| EBITDA margin | +18.7% | +17.6% | +2.3% | +3.8% | +4.6% | +3.3% | +7.2% |
| Profit before tax | 39.23 | 32.89 | 31.80 | 1.70 | 1.57 | 1.02 | 1.78 |
| Net profit | 28.84 | 33.50 | 21.86 | 1.01 | 0.74 | 0.27 | 0.81 |
| Net profit margin | +12.0% | +16.6% | +16.0% | +2.6% | +2.1% | +0.7% | +2.5% |
| EPS (₹) | 6.10 | 7.08 | 7.17 | 0.86 | 0.62 | 0.22 | 1.11 |
| Balance sheet | |||||||
| Total assets | 227 | 156 | 94.92 | 48.86 | 45.57 | 41.15 | 32.55 |
| Net worth | 144 | 117 | 58.10 | 26.09 | 25.03 | 24.67 | 17.18 |
| Total debt | 81.47 | 38.06 | 34.55 | 8.79 | 8.34 | 4.05 | 5.67 |
| Cash & bank | 5.36 | 5.26 | 3.03 | 2.74 | 2.40 | 2.28 | 1.63 |
| Net working capital | 163 | 103 | 44.90 | 19.25 | 22.33 | 16.89 | 20.40 |
| Cash flow | |||||||
| Cash from operations | (22.00) | (19.90) | 11.28 | 3.37 | (5.90) | - | - |
| Cash from investing | (15.16) | (3.75) | 17.80 | (1.99) | 2.67 | - | - |
| Cash from financing | 37.26 | 25.87 | (27.25) | (1.04) | 3.35 | - | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.99 | 117 | 46.35 | 49.49 | 27.49 | 99.23 | 37.30 | 41.89 |
| Revenue growth (YoY) | +78.2% | +18.3% | +24.3% | +18.1% | +20.0% | - | - | - |
| Other income | 0.07 | 0.15 | 0.09 | 0.12 | 0.08 | 1.26 | 0.45 | 0.11 |
| EBITDA | 6.15 | 28.98 | 7.48 | 5.88 | 2.72 | 13.21 | 2.41 | 9.76 |
| EBITDA margin | +12.6% | +24.7% | +16.1% | +11.9% | +9.9% | +13.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.51 | 0.23 | 0.23 |
| Interest | 1.96 | 1.61 | 1.10 | 1.24 | 0.72 | 1.16 | 0.90 | 0.67 |
| Profit before tax | 3.47 | 26.92 | 6.13 | 4.44 | 1.75 | 12.80 | 1.73 | 8.97 |
| Tax | 0.37 | 10.39 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
| Net profit | 3.10 | 16.53 | 6.13 | 4.44 | 1.75 | 13.41 | 1.73 | 8.97 |
| EPS (₹) | 0.66 | 3.52 | 1.29 | 0.94 | 0.37 | 2.96 | 0.37 | 2.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 238 | 201 | 136 | 66.93 | 37.95 | 34.32 | 13.82 |
| Revenue growth | +18.8% | +47.2% | +103.7% | - | +10.6% | +148.3% | - |
| EBITDA | 45.09 | 36.99 | 3.12 | (27.95) | 0.18 | 0.01 | 0.25 |
| EBITDA margin | +18.9% | +18.4% | +2.3% | -41.8% | +0.5% | +0.0% | +1.8% |
| Profit before tax | 39.36 | 34.39 | 31.80 | (31.41) | 0.11 | 0.00 | 0.39 |
| Net profit | 29.07 | 35.00 | 21.86 | (33.17) | 0.05 | 0.00 | 0.32 |
| Net profit margin | +12.2% | +17.4% | +16.0% | -49.6% | +0.1% | 0.0% | +2.3% |
| EPS (₹) | 6.15 | 7.41 | 7.17 | (27.51) | 0.05 | 0.00 | 0.26 |
| Balance sheet | |||||||
| Total assets | 230 | 159 | 94.92 | 60.16 | 32.04 | 30.22 | 29.70 |
| Net worth | 144 | 118 | 58.10 | (1.08) | 25.08 | 25.02 | 25.02 |
| Total debt | 81.35 | 37.95 | 34.55 | 61.24 | 6.84 | 5.08 | 4.41 |
| Cash & bank | 8.59 | 4.94 | 3.03 | 1.21 | 0.44 | 0.66 | 0.81 |
| Net working capital | 170 | 105 | 44.89 | 17.01 | (5.83) | 2.86 | 2.51 |
| Cash flow | |||||||
| Cash from operations | (22.02) | (20.90) | 11.41 | (19.09) | (1.90) | (2.07) | (0.03) |
| Cash from investing | (11.61) | (2.95) | 17.66 | (19.53) | 0.40 | 1.27 | 1.29 |
| Cash from financing | 37.27 | 25.77 | (27.25) | 36.47 | 1.27 | 0.66 | (0.80) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.67 | 116 | 46.01 | 48.47 | 27.43 | 98.59 | 37.30 | 41.89 |
| Revenue growth (YoY) | +77.4% | +18.1% | +23.4% | +15.7% | +19.8% | - | - | - |
| Other income | 0.07 | 0.20 | 0.07 | 0.14 | 0.08 | 1.24 | 0.45 | 0.11 |
| Total expenses | 41.82 | 88.46 | 38.78 | 41.92 | 24.25 | 84.54 | 34.89 | 32.13 |
| EBITDA | 6.85 | 28.01 | 7.23 | 6.55 | 3.18 | 14.05 | 2.41 | 9.76 |
| EBITDA margin | +14.1% | +24.0% | +15.7% | +13.5% | +11.6% | +14.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.50 | 0.23 | 0.23 |
| Interest | 1.95 | 1.60 | 1.09 | 1.22 | 0.72 | 1.17 | 0.90 | 0.67 |
| Profit before tax | 4.18 | 26.01 | 5.87 | 5.15 | 2.21 | 13.62 | 1.73 | 8.97 |
| Tax | 0.53 | 10.29 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.99 | 117 | 46.35 | 49.49 | 27.49 | 99.23 | 37.30 | 41.89 |
| Revenue growth (YoY) | +78.2% | +18.3% | +24.3% | +18.1% | +20.0% | - | - | - |
| Other income | 0.07 | 0.15 | 0.09 | 0.12 | 0.08 | 1.26 | 0.45 | 0.11 |
| EBITDA | 6.15 | 28.98 | 7.48 | 5.88 | 2.72 | 13.21 | 2.41 | 9.76 |
| EBITDA margin | +12.6% | +24.7% | +16.1% | +11.9% | +9.9% | +13.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.51 | 0.23 | 0.23 |
| Interest | 1.96 | 1.61 | 1.10 | 1.24 | 0.72 | 1.16 | 0.90 | 0.67 |
| Profit before tax | 3.47 | 26.92 | 6.13 | 4.44 | 1.75 | 12.80 | 1.73 | 8.97 |
| Tax | 0.37 | 10.39 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
| Net profit | 3.10 | 16.53 | 6.13 | 4.44 | 1.75 | 13.41 | 1.73 | 8.97 |
| EPS (₹) | 0.66 | 3.52 | 1.29 | 0.94 | 0.37 | 2.96 | 0.37 | 2.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Revenue | 241 | 201 | 136 | 39.66 | 34.88 | 38.57 | 31.93 |
| Revenue growth | +19.6% | +47.6% | - | +13.7% | -9.6% | +20.8% | - |
| Other income | 0.43 | 1.90 | 32.44 | 1.79 | 1.29 | 1.17 | 0.68 |
| Total expenses | 196 | 166 | 133 | 38.17 | 33.26 | 37.29 | 29.62 |
| Employee cost | 25.05 | 18.54 | 18.36 | 1.13 | 1.53 | 1.46 | 1.73 |
| EBITDA | 45.06 | 35.47 | 3.12 | 1.49 | 1.62 | 1.28 | 2.31 |
| EBITDA margin | +18.7% | +17.6% | +2.3% | +3.8% | +4.6% | +3.3% | +7.2% |
| Depreciation | 1.59 | 1.18 | 0.93 | 0.55 | 0.54 | 0.72 | 0.63 |
| Interest | 4.67 | 3.30 | 2.83 | 1.03 | 0.80 | 0.71 | 0.58 |
| Profit before tax | 39.23 | 32.89 | 31.80 | 1.70 | 1.57 | 1.02 | 1.78 |
| Tax | 10.39 | (0.61) | 0.07 | 0.22 | 0.36 | 0.66 | 0.49 |
| Net profit | 28.84 | 33.50 | 21.86 | 1.01 | 0.74 | 0.27 | 0.81 |
| Net profit margin | +12.0% | +16.6% | +16.0% | +2.6% | +2.1% | +0.7% | +2.5% |
| EPS (₹) | 6.10 | 7.08 | 7.17 | 0.86 | 0.62 | 0.22 | 1.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.26 | 47.26 | 44.26 | 12.06 | 12.06 | 12.06 | 7.24 |
| Reserves & surplus | 96.57 | 69.69 | 13.84 | 14.03 | 12.97 | 12.61 | 5.88 |
| Shareholders' funds (net worth) | 144 | 117 | 58.10 | 26.09 | 25.03 | 24.67 | 17.18 |
| Minority interest | (2.26) | (1.78) | 0.00 | 12.76 | 11.24 | 11.53 | 9.66 |
| Secured loans | 76.25 | 27.94 | 16.33 | 0.00 | 0.00 | 4.05 | 4.05 |
| Unsecured loans | 5.22 | 10.12 | 18.22 | 8.79 | 8.34 | 0.00 | 1.62 |
| Total debt | 81.47 | 38.06 | 34.55 | 8.79 | 8.34 | 4.05 | 5.67 |
| Total liabilities | 227 | 156 | 94.92 | 48.86 | 45.57 | 41.15 | 32.55 |
| Assets | |||||||
| Gross block | 62.70 | 52.12 | 50.36 | 12.89 | 10.47 | 9.85 | 7.26 |
| Net block | 56.74 | 47.75 | 47.17 | 8.78 | 6.85 | 6.77 | 4.90 |
| Capital work in progress | 2.10 | 1.41 | 0.80 | 1.08 | 2.47 | 1.05 | 3.32 |
| Investments | 0.00 | 0.00 | 0.00 | 0.94 | 0.94 | 4.05 | 2.44 |
| Inventories | 37.56 | 37.76 | 25.75 | 7.28 | 5.25 | 2.07 | 2.60 |
| Sundry debtors | 135 | 94.52 | 44.43 | 19.10 | 28.85 | 14.59 | 13.90 |
| Cash & bank balances | 5.36 | 5.26 | 3.03 | 2.74 | 2.40 | 2.28 | 1.63 |
| Loans & advances | 39.97 | 9.32 | 8.11 | 1.23 | 3.09 | 2.02 | 8.05 |
| Total current assets | 218 | 147 | 81.32 | 30.35 | 39.59 | 20.96 | 26.18 |
| Total current liabilities | 54.26 | 43.72 | 36.42 | 11.10 | 17.26 | 4.07 | 5.78 |
| Net working capital | 163 | 103 | 44.90 | 19.25 | 22.33 | 16.89 | 20.40 |
| Total assets | 227 | 156 | 94.92 | 48.86 | 45.57 | 41.15 | 32.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.26 | 3.03 | 1.21 | 2.40 | 2.28 | - | - |
| Net cash from operating activities | (22.00) | (19.90) | 11.28 | 3.37 | (5.90) | - | - |
| Net cash from investing activities | (15.16) | (3.75) | 17.80 | (1.99) | 2.67 | - | - |
| Net cash from financing activities | 37.26 | 25.87 | (27.25) | (1.04) | 3.35 | - | - |
| Net change in cash | 0.10 | 2.23 | 1.82 | 0.34 | 0.12 | - | - |
| Closing cash | 5.36 | 5.26 | 3.03 | 2.74 | 2.40 | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.6% | +47.6% | - | +13.7% | -9.6% | +20.8% | - |
| EBITDA growth | +27.0% | +1036.9% | - | -8.0% | +26.6% | -44.6% | - |
| PBT growth | +19.3% | +3.4% | +1770.6% | +8.3% | +53.9% | -42.7% | +9997.0% |
| Net income growth | -13.9% | +53.3% | - | +36.5% | +174.1% | -66.7% | - |
| Revenue CAGR (3Y) | +82.4% | +79.4% | +52.3% | +7.5% | - | - | - |
| EBITDA CAGR (3Y) | +211.6% | +179.8% | +34.6% | -13.6% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +12.0% | +16.6% | +23.3% | +3.7% | +3.5% | +0.9% | +4.0% |
| Return on capital employed | +22.7% | +28.1% | +24.8% | +7.8% | +7.5% | +6.6% | +10.3% |
| Return on net worth | +22.1% | +37.2% | +34.8% | +5.9% | +4.9% | +1.7% | +7.5% |
| Debt / equity | 0.46 | 0.41 | 0.59 | 0.34 | 0.25 | 0.23 | 0.33 |
| Long-term debt / equity | 0.08 | 0.15 | 0.26 | 0.00 | 0.00 | 0.04 | 0.09 |
| Interest cover | 10.74 | 9.62 | 129.22 | 109.57 | 74.07 | 126.79 | 34.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.19 | 3.93 | 2.71 | 3.40 | 3.43 | 4.51 | 4.40 |
| Inventory turnover | 6.39 | 6.34 | 5.30 | 6.33 | 9.53 | 16.52 | 12.28 |
| Debtors turnover | 2.10 | 2.90 | 3.07 | 1.65 | 1.61 | 2.71 | 2.30 |
| EPS (₹) | 6.10 | 7.08 | 7.17 | 0.86 | 0.62 | 0.22 | 1.11 |
| Dividend per share (₹) | 0.60 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.43 | 24.75 | 13.13 | 21.64 | 20.76 | 20.46 | 18.11 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.67 | 116 | 46.01 | 48.47 | 27.43 | 98.59 | 37.30 | 41.89 |
| Revenue growth (YoY) | +77.4% | +18.1% | +23.4% | +15.7% | +19.8% | - | - | - |
| Other income | 0.07 | 0.20 | 0.07 | 0.14 | 0.08 | 1.24 | 0.45 | 0.11 |
| Total expenses | 41.82 | 88.46 | 38.78 | 41.92 | 24.25 | 84.54 | 34.89 | 32.13 |
| EBITDA | 6.85 | 28.01 | 7.23 | 6.55 | 3.18 | 14.05 | 2.41 | 9.76 |
| EBITDA margin | +14.1% | +24.0% | +15.7% | +13.5% | +11.6% | +14.3% | +6.5% | +23.3% |
| Depreciation | 0.79 | 0.60 | 0.34 | 0.32 | 0.33 | 0.50 | 0.23 | 0.23 |
| Interest | 1.95 | 1.60 | 1.09 | 1.22 | 0.72 | 1.17 | 0.90 | 0.67 |
| Profit before tax | 4.18 | 26.01 | 5.87 | 5.15 | 2.21 | 13.62 | 1.73 | 8.97 |
| Tax | 0.53 | 10.29 | 0.00 | 0.00 | 0.00 | (0.61) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 238 | 201 | 136 | 66.93 | 37.95 | 34.32 | 13.82 |
| Revenue growth | +18.8% | +47.2% | +103.7% | - | +10.6% | +148.3% | - |
| Other income | 0.49 | 1.88 | 32.44 | 0.43 | 0.43 | 0.50 | 0.64 |
| Total expenses | 193 | 164 | 133 | 94.88 | 37.77 | 34.31 | 13.57 |
| Employee cost | 23.54 | 17.04 | 18.36 | 8.83 | 0.06 | 0.06 | 0.14 |
| EBITDA | 45.09 | 36.99 | 3.12 | (27.95) | 0.18 | 0.01 | 0.25 |
| EBITDA margin | +18.9% | +18.4% | +2.3% | -41.8% | +0.5% | +0.0% | +1.8% |
| Depreciation | 1.59 | 1.18 | 0.93 | 0.77 | 0.02 | 0.02 | 0.01 |
| Interest | 4.63 | 3.30 | 2.83 | 3.12 | 0.48 | 0.49 | 0.49 |
| Profit before tax | 39.36 | 34.39 | 31.80 | (31.41) | 0.11 | 0.00 | 0.39 |
| Tax | 10.29 | (0.61) | 0.07 | 1.76 | 0.03 | 0.00 | 0.07 |
| Net profit | 29.07 | 35.00 | 21.86 | (33.17) | 0.05 | 0.00 | 0.32 |
| Net profit margin | +12.2% | +17.4% | +16.0% | -49.6% | +0.1% | 0.0% | +2.3% |
| EPS (₹) | 6.15 | 7.41 | 7.17 | (27.51) | 0.05 | 0.00 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.26 | 47.26 | 44.26 | 12.06 | 12.06 | 12.06 | 12.06 |
| Reserves & surplus | 97.14 | 70.35 | 13.84 | (13.14) | 13.02 | 12.96 | 12.96 |
| Shareholders' funds (net worth) | 144 | 118 | 58.10 | (1.08) | 25.08 | 25.02 | 25.02 |
| Secured loans | 76.23 | 27.94 | 16.33 | 61.24 | 0.84 | 0.19 | 0.00 |
| Unsecured loans | 5.12 | 10.01 | 18.22 | 0.00 | 6.00 | 4.89 | 4.41 |
| Total debt | 81.35 | 37.95 | 34.55 | 61.24 | 6.84 | 5.08 | 4.41 |
| Total liabilities | 230 | 159 | 94.92 | 60.16 | 32.04 | 30.22 | 29.70 |
| Assets | |||||||
| Gross block | 62.69 | 52.12 | 50.36 | 21.86 | 0.10 | 0.19 | 0.16 |
| Net block | 56.73 | 47.75 | 47.17 | 19.60 | 0.05 | 0.04 | 0.02 |
| Capital work in progress | 2.10 | 1.41 | 0.80 | 0.13 | 0.00 | 0.00 | 0.00 |
| Investments | 0.14 | 0.12 | 0.00 | 0.00 | 18.80 | 18.80 | 19.60 |
| Inventories | 37.53 | 37.65 | 25.75 | 20.92 | 0.00 | 0.01 | 0.62 |
| Sundry debtors | 136 | 95.60 | 44.43 | 17.54 | 19.13 | 20.85 | 6.13 |
| Cash & bank balances | 8.59 | 4.94 | 3.03 | 1.21 | 0.44 | 0.66 | 0.81 |
| Loans & advances | 33.42 | 10.15 | 8.36 | 6.57 | 0.27 | 0.44 | 0.00 |
| Total current assets | 216 | 148 | 81.57 | 46.24 | 19.84 | 21.96 | 7.56 |
| Total current liabilities | 45.77 | 42.93 | 36.68 | 29.23 | 25.67 | 19.10 | 5.05 |
| Net working capital | 170 | 105 | 44.89 | 17.01 | (5.83) | 2.86 | 2.51 |
| Total assets | 230 | 159 | 94.92 | 60.16 | 32.04 | 30.22 | 29.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.94 | 3.03 | 1.21 | 3.36 | (0.15) | 0.00 | 0.35 |
| Net cash from operating activities | (22.02) | (20.90) | 11.41 | (19.09) | (1.90) | (2.07) | (0.03) |
| Net cash from investing activities | (11.61) | (2.95) | 17.66 | (19.53) | 0.40 | 1.27 | 1.29 |
| Net cash from financing activities | 37.27 | 25.77 | (27.25) | 36.47 | 1.27 | 0.66 | (0.80) |
| Net change in cash | 3.65 | 1.92 | 1.82 | (2.15) | (0.22) | (0.15) | 0.46 |
| Closing cash | 8.59 | 4.94 | 3.03 | 1.21 | 0.44 | 0.66 | 0.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.8% | +47.2% | +103.7% | - | +10.6% | +148.3% | - |
| EBITDA growth | +21.9% | +1085.6% | +111.2% | - | +1700.0% | -96.0% | - |
| PBT growth | +14.5% | +8.1% | +9998.0% | - | +9997.0% | +9997.0% | +116.7% |
| Net income growth | -16.9% | +60.1% | +165.9% | - | - | -100.0% | - |
| Revenue CAGR (3Y) | +52.7% | +74.2% | +58.4% | +69.2% | +60.4% | +380.2% | +192.9% |
| EBITDA CAGR (3Y) | - | +490.1% | +578.2% | - | - | -56.3% | -3.7% |
| Profitability & leverage | |||||||
| Net income margin | +12.2% | +17.4% | +23.3% | -49.6% | +0.2% | 0.0% | +2.3% |
| Return on capital employed | +22.6% | +29.2% | +31.0% | -47.0% | +1.7% | +1.7% | +3.0% |
| Return on net worth | +22.2% | +38.8% | +70.8% | +3071.3% | +0.1% | +0.0% | +1.3% |
| Debt / equity | 0.46 | 0.41 | 1.68 | 0.00 | 0.24 | 0.19 | 0.17 |
| Long-term debt / equity | 0.08 | 0.15 | 1.12 | 0.00 | 0.02 | 0.00 | 0.00 |
| Interest cover | 10.64 | 9.22 | 129.22 | -10.86 | 300.00 | -4,900.00 | 204.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.15 | 3.92 | 3.78 | 3.06 | 261.72 | 196.11 | 89.16 |
| Inventory turnover | 6.34 | 6.33 | 5.84 | 3.20 | 7,590.00 | 108.95 | 31.41 |
| Debtors turnover | 2.06 | 2.87 | 4.40 | 3.82 | 1.90 | 2.54 | 1.79 |
| EPS (₹) | 6.15 | 7.41 | 7.17 | (27.51) | 0.05 | 0.00 | 0.26 |
| Dividend per share (₹) | 0.60 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.55 | 24.89 | 13.13 | (0.90) | 20.80 | 20.75 | 20.75 |
Competitors of Asya Infosoft
Asya Infosoft has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
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Frequently Asked Questions about Asya Infosoft
Asya Infosoft was founded in 1985.
Asya Infosoft is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Asya Infosoft, Axis Solutions Limited, reported revenue of ₹241 Cr for FY 2026, up 20% year on year.
Asya Infosoft was founded in 1985 and is based in Ahmedabad, India. Operations focus on the IT sector, where strategy and technology implementation services are delivered. These include software development, business process outsourcing, web designing and development, e-business solutions, multimedia and animation, networking solutions, and resource management. The company supports various technology needs through these specialized offerings.
Asya Infosoft's top competitors include Happiest Minds and Datamatics.
Yes, Asya Infosoft is publicly traded on BSE under the ticker symbol AXISOL.
Asya Infosoft operates through Axis Solutions Limited.
The legal entities of Asya Infosoft currently have 9 directors, including Anand Shah, Purvi Sanghvi, Nirali Parth Shah and others.

