MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0141185
Excelmax Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹20.57 Cr
▼ 79% YoY
Net loss · FY 2026
₹1.47 Cr
Net margin -7.1%
EBITDA · FY 2026
-₹1.26 Cr
EBITDA margin -6.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
19
Provident fund records
Directors on board
3
As per MCA filings
About Excelmax Technologies Private Limited
Data last updated:
Excelmax Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC125840. Its GSTIN is 29AAFCE5486J1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Bhanu Bangalore Raghavan and Pradeep Roy.
Its last annual general meeting (AGM) was held on 26 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ground Floor Pritech Park, Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹20.57 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Cr (net margin -7.1%) and EBITDA of -₹1.26 Cr (EBITDA margin -6.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 25% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Excelmax. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in July 2024.
Excelmax Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0141185). For more details, the company can be reached via its website excelmaxtech.com.
Company details
CIN U72900KA2019PTC125840
Registration Number 125840
Incorporation Date 03 July 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-KR-03-0141185
Recognitions & Rankings of Excelmax Technologies
Contact details
Excelmax Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is excelmaxtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Pritech Park Annex, Bellandur Village Varthur Hobli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Excelmax Technologies Private Limited, buy the company report.
Comprehensive company report
Excelmax Technologies Private Limited - one report that includes everything
- 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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Brands
Excelmax Technologies operates one associated brand: Excelmax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Semiconductor design services are provided by Excelmax in Bengaluru. | excelmaxtech.com |
Business activity
The main business activity of Excelmax Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Excelmax Technologies Private Limited, buy the company report.
Financials of Excelmax Technologies Private Limited
FY 2026 filings availableExcelmax Technologies Private Limited reported revenue of ₹20.57 Cr (down 79% YoY) for FY 2026.
Revenue · FY 2026
₹20.57 Cr ▼ 79%
Net loss · FY 2026
₹1.47 Cr margin -7.1%
EBITDA · FY 2026
-₹1.26 Cr margin -6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 25%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 113%
Revenue fell 79% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 113% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.47 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | ||||
| Net Profit Margin | -7.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Excelmax Technologies Private Limited, buy the company report.
Board of directors of Excelmax Technologies Private Limited
Excelmax Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhanu Bangalore Raghavan Also directs: Lumery India Private Limited, Award Solutions (India) Private Limited, Incapsulate India Private Limited and 2 more | Director | 30 Apr 2026 | 0 Years 6 Months | Current |
| Pradeep Roy | Director | 30 Apr 2026 | 0 Years 6 Months | Current |
| Shahnaz Rasul Ahmed | Director | 30 Apr 2026 | 0 Years 6 Months | Current |
Auditor
Excelmax Technologies Private Limited is audited by MAYANK PATESARIA for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYANK PATESARIA | FY 2026 | 068372 |
Shareholding
The shareholding of Excelmax Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Excelmax Technologies Private Limited, buy the company report.
Deals & funding
Excelmax Technologies Private Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in July 2024.
Total deals
6
Secondary share transfers
5
Acquisition
1
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Acquisition | Undisclosed | Buyer: an individual |
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Elinnos System Private Limited, Unlimiteye Solutions Private Limited Seller: an individual |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Excelmax Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Excelmax Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excelmax Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excelmax Technologies Private Limited has a workforce of 19 employees on its EPFO records as of Jan 2026, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-95.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 19 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Excelmax Technologies Private Limited, buy the company report.
GST
Excelmax Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCE5486J1Z2 | Karnataka | Active | 19 Jul 2019 |
To see the full GST registrations and return filing status of Excelmax Technologies Private Limited, buy the company report.
Recent activity
Excelmax Technologies Private Limited has 8 board changes on record since 2023: 3 appointments and 5 cessations. The latest: Bhanu Bangalore Raghavan was appointed as Director on 30 Apr 2026.
AGM
Excelmax Technologies Private Limited last Annual general meeting of members was held on 26 Jun 2026 as per latest MCA records.
Appointed
Bhanu Bangalore Raghavan was appointed as Director.
Appointed
Pradeep Roy was appointed as Director.
Appointed
Shahnaz Rasul Ahmed was appointed as Director.
Filing
Excelmax Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Ceased
Giri Kuthethoor ceased to be Additional Director.
Ceased
Shylaja Shivaram Pallya ceased to be Additional Director.
Ceased
Manjari Gupta ceased to be Additional Director.
Ceased
Prabhu Jagannath Bhairi ceased to be Additional Director.
Ceased
Shivaraj Patil ceased to be Director.
Incorporation
03 Jul 2019
Excelmax Technologies Private Limited was registered on 03 Jul 2019 with Roc Bangalore & aged 7 years 4 months as per MCA records.
Frequently asked questions
Excelmax Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 03 July 2019 (7+ years old) and is registered under CIN U72900KA2019PTC125840.
Excelmax Technologies has 3 current directors:
- Bhanu Bangalore Raghavan - Director
- Pradeep Roy - Director
- Shahnaz Rasul Ahmed - Director
The latest financial statements of Excelmax Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 June 2026. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Excelmax Technologies is 29AAFCE5486J1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Excelmax Technologies is U72900KA2019PTC125840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excelmax Technologies was incorporated on 03 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Excelmax Technologies has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in July 2024.
Bhanu Bangalore Raghavan was appointed as Director on 30 Apr 2026. Pradeep Roy was appointed as Director on 30 Apr 2026. Shahnaz Rasul Ahmed was appointed as Director on 30 Apr 2026. Excelmax Technologies has 8 board changes on record in total.
Yes, Excelmax Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0141185).
Excelmax Technologies can be reached through the website excelmaxtech.com. Its registered office is in Bangalore, Karnataka, India.
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