Irax Tech Private Limited
About Irax Tech Private Limited
Data last updated:
Irax Tech Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 10 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2019PTC135999. Its GSTIN is 36AAFCI4314R1Z6 (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiran Kumar Pachava Uday and Narsi Reddy Posham.
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 105 Msm Venkata Sai Residency Silpa Park, Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.08 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹63.71 Lakh (net margin -127.2%) and EBITDA of -₹55.12 Lakh (EBITDA margin -110.1%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Irax Tech.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressFlat No.105 Msm Venkata Sai Residency Silpa Park Near More Super Market Kond, Apur, Hyderabad, Telangana, India – 500084
- IndustrySoftware, Software Development, Software Publishing
- 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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Business Activity of Irax Tech Private Limited
The main business activity of Irax Tech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Irax Tech Private Limited FY 2025 filings available
Irax Tech Private Limited reported revenue of ₹50.08 Lakh (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Irax Tech Private Limited
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA rose 32% 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 Irax Tech 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 | -₹55.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63.71 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 Irax Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -110.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -127.2% | •••• | •••• | •••• | •••• |
| 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 Irax Tech 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.
Board of Directors of Irax Tech Private Limited
Irax Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Kumar Pachava Uday | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Narsi Reddy Posham | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
Peer Comparison of Irax Tech Private Limited
Irax Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashikha Solutions and Services Private Limited | ₹50.17 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Navi Mumbai, Maharashtra, India |
| Delogico Systems Private Limited | ₹50.14 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Soumyasree IT Services Private Limited | ₹50.14 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Bhubaneswar, Odisha, India |
| Litin Design Labs (India) Private Limited | ₹50.11 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Kothanalloor, Kerala, India |
| Technicom Systems (India) Private Limited | ₹50.09 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Nashik, Maharashtra, India |
| Irax Tech Private Limited this company | ₹50.08 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Hyderabad, Telangana, India |
| Marmin Technologies Private Limited | ₹50.06 Lakh (FY 2024) | •••• | •••• | 162.0% | •••• | Bangalore, Karnataka, India |
| Gane (OPC) Private Limited | ₹50.05 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Bangalore, Karnataka, India |
| Sava Info Systems Private Limited | ₹50.03 Lakh (FY 2025) | •••• | •••• | 2061.0% | •••• | Ahmedabad, Gujarat, India |
| Velarudh Infotech Private Limited | ₹50.01 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Twenties Entertainment Private Limited | ₹50 Lakh (FY 2024) | •••• | •••• | 81.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Irax Tech by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Irax Tech 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 Irax Tech Private Limited
Irax Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Irax Tech Private Limited
Irax Tech Private Limited has a workforce of 6 employees as of Apr 09, 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.
Recent Activity on Irax Tech Private Limited
Irax Tech Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kiran Kumar Pachava Uday was appointed as Director on 10 Oct 2019.
Credit Ratings, Litigation & Regulatory Alerts for Irax Tech 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 Irax Tech 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 Irax Tech 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 Irax Tech Private Limited
Irax Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCI4314R1Z6 | Telangana | Active | 06 Jul 2021 |
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 Irax Tech 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 Irax Tech Private Limited
Irax Tech is an active private limited company based in Hyderabad, Telangana, India. The company works in software development, within the software industry. It was incorporated on 10 October 2019 (7+ years old) and is registered under CIN U72200TG2019PTC135999.
Irax Tech reported revenue of ₹50.08 Lakh for FY 2024 (down 18% YoY).
Irax Tech has 2 current directors:
- Kiran Kumar Pachava Uday - Director
- Narsi Reddy Posham - Director
Irax Tech reported a net loss of ₹63.71 Lakh (net margin -127.2%) and EBITDA of -₹55.12 Lakh (EBITDA margin -110.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Irax Tech is 59% over three years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Irax Tech is 36AAFCI4314R1Z6, registered in Telangana.
The CIN (Corporate Identification Number) of Irax Tech is U72200TG2019PTC135999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irax Tech was incorporated on 10 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Irax Tech by revenue are Ashikha Solutions and Services Private Limited, Delogico Systems Private Limited, Soumyasree IT Services Private Limited, Litin Design Labs (India) Private Limited, Technicom Systems (India) Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Kiran Kumar Pachava Uday was appointed as Director on 10 Oct 2019. Narsi Reddy Posham was appointed as Director on 10 Oct 2019.
The registered office of Irax Tech is at Flat No.105 Msm Venkata Sai Residency Silpa Park Near More Super Market Kond, Apur, Hyderabad, Telangana, India – 500084.