About Octaware Technologies Limited
Data last updated: 13 July 2026
Octaware Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in software development and support services, a part of the broader technology and IT services sector. Incorporated on 26 May 2005, the company has been in operation for over 21 years.
Registered with ROC Mumbai under CIN L72200MH2005PLC153539. Listed on BSE: 540416.
Capital: an authorised share capital of ₹4.2 Cr and a paid-up capital of ₹3.59 Cr. Formerly known as Octaware Technologies Private Limited. It is led by directors including Mohammed Aslam Qudratullah Khan and Rabia Khan.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 204 Timmy Arcade Makwana Rdmarol Off Kurla Andheri Road, Mumbai, Maharashtra, India – 400072.
As per BSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹17.53 Cr, a growth of 11.27% compared to the previous year. The net worth stands at ₹8.31 Cr. Total assets are valued at ₹18.67 Cr (down 3.61% YoY).
The company has a workforce of approximately 43 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Octaware Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website octaware.com.
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Registered Address204 Timmy Arcade Makwana Rdmarol Off Kurla Andheri Road, Mumbai, Maharashtra, India – 400072
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IndustryInformation Technology, Software Development & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Octaware Technologies Limited
Octaware Technologies Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72200MH2005PLC153539, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200MH2005PLC153539 | Current |
| U72200MH2005PTC153539 | Previous |
| U72200MH2005PLC153539 | Previous |
Associated Brands with Octaware Technologies Limited
Octaware Technologies Limited operates one associated brand: Octaware Technologies. These brands represent Octaware Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| IT services suite solutions are provided by Octaware Technologies. | octaware.com |
Competitors & Alternatives of Octaware Technologies Limited
Brands and companies operating in the same space as Octaware Technologies Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
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Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Octaware Technologies Limited
Octaware Technologies Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 for Octaware Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Octaware Technologies Limited
Octaware Technologies Limited is audited by M/s. D G M S & CO (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s. D G M S & CO (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Octaware Technologies Limited
Octaware Technologies Limited is currently managed by 6 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Aslam Qudratullah Khan | Managing Director | 01 Oct 2009 | 16 Years 10 Months | Current |
| Rabia Khan | Director | 11 Feb 2019 | 7 Years 6 Months | Current |
| Vidya Hemakar Shetty | Director | 03 Jan 2020 | 6 Years 7 Months | Current |
| Alok Ranjan | Additional Director | 23 Jan 2026 | 0 Years 6 Months | Current |
| Pradeep Lavania | Additional Director | 23 Jan 2026 | 0 Years 6 Months | Current |
| Narayanan Krishnan | Director | 07 Sep 2023 | 2 Years 11 Months | Current |
Financials of Octaware Technologies Limited FY 2026 filings available
Octaware Technologies Limited reported revenue of ₹17.53 Cr (up 11.27% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹17.53 Cr | ₹15.75 Cr | ₹15.9 Cr | ₹16.57 Cr | ₹16.86 Cr | ₹16.2 Cr | ₹12.92 Cr | ₹10.77 Cr |
| Other Income | ₹19.23 Lakh | ₹12.77 Lakh | ₹21.84 Lakh | ₹74.45 Lakh | ₹34.6 Lakh | ₹2 Lakh | ₹4.73 Lakh | ₹18.16 Lakh |
| Total Income | ₹17.72 Cr | ₹15.88 Cr | - | - | - | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹4.98 Cr | ₹3.82 Cr | ₹4.55 Cr | ₹0 | ₹3.94 Cr | ₹24.04 Lakh | ₹92.77 Lakh |
| Purchases of Stock-in-Trade | ₹6.1 Cr | ₹0 | ₹0 | ₹0 | ₹4 Cr | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹9.53 Cr | ₹8.26 Cr | ₹9.46 Cr | ₹10.43 Cr | ₹9.33 Cr | ₹8.6 Cr | ₹3.2 Cr | ₹2.92 Cr |
| Finance Costs | ₹15.23 Lakh | ₹7.11 Lakh | ₹6.14 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹3.66 Cr | ₹2.21 Cr | ₹4.21 Cr | ₹3.56 Cr | ₹3 Cr | ₹3.82 Cr | ₹10.84 Cr | ₹5.95 Cr |
| Total Expenses | ₹21.66 Cr | ₹15.63 Cr | ₹17.69 Cr | ₹18.67 Cr | ₹16.53 Cr | ₹16.36 Cr | ₹14.49 Cr | ₹10.05 Cr |
| Profit Before Tax | -₹3.94 Cr | ₹24.98 Lakh | -₹1.57 Cr | -₹1.36 Cr | ₹67.49 Lakh | -₹14.19 Lakh | -₹1.52 Cr | ₹90.49 Lakh |
| Total Tax Expense | ₹1.06 Cr | -₹3.21 Lakh | ₹51,000 | ₹0 | ₹8.31 Lakh | ₹34.62 Lakh | -₹8.18 Lakh | ₹31.87 Lakh |
| Net Profit | -₹5 Cr | ₹28.19 Lakh | -₹1.59 Cr | -₹1.37 Cr | ₹59.17 Lakh | -₹46.96 Lakh | -₹1.44 Cr | ₹57.68 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹18.67 Cr | ₹19.37 Cr | ₹19.54 Cr | ₹19.22 Cr | ₹18.61 Cr | ₹19.78 Cr | ₹19.17 Cr | ₹17.79 Cr |
| Non-current Assets | ₹11.06 Cr | ₹14.08 Cr | ₹13.69 Cr | ₹13.96 Cr | ₹13.13 Cr | ₹13.3 Cr | ₹9.18 Cr | ₹7.62 Cr |
| Current Assets | ₹7.61 Cr | ₹5.29 Cr | ₹5.86 Cr | ₹5.26 Cr | ₹5.48 Cr | ₹6.48 Cr | ₹9.98 Cr | ₹10.17 Cr |
| Property, Plant & Equipment | ₹2.98 Cr | ₹3.08 Cr | - | - | - | - | - | - |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹83.04 Lakh | ₹1.32 Cr | ₹1.4 Cr | ₹1.11 Cr | ₹1.22 Cr | ₹1.3 Cr | ₹3.89 Cr | ₹2.46 Cr |
| Equity (Net Worth) | ₹8.31 Cr | ₹0 | - | - | - | - | - | - |
| Current Liabilities | ₹5.73 Cr | ₹4.96 Cr | ₹5.49 Cr | ₹3.63 Cr | ₹2.48 Cr | ₹2.81 Cr | ₹3.36 Cr | ₹91.46 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹4.46 Cr | ₹43.2 Lakh | ₹14.64 Lakh | ₹25.38 Lakh | ₹1.64 Cr |
| Investing Cash Flow | ₹76.88 Lakh | -₹50.58 Lakh | ₹13.67 Lakh | -₹35.56 Lakh | -₹1.73 Cr |
| Financing Cash Flow | ₹3.2 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹1.34 Lakh | ₹59.64 Lakh | - | - | - |
| Free Cash Flow (computed) | -₹4.47 Cr | -₹16.44 Lakh | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹49.33 Lakh | -₹7.38 Lakh | ₹28.31 Lakh | -₹10.18 Lakh | -₹8.85 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹9.23 Cr | ₹6.54 Cr | ₹5.29 Cr | ₹5.6 Cr | ₹6.98 Cr | ₹6.84 Cr | ₹1.51 Cr | ₹2.65 Cr |
| Other Income | ₹0 | ₹3,000 | ₹1.25 Lakh | ₹52.27 Lakh | ₹0 | ₹1.57 Lakh | ₹6.09 Lakh | ₹11.49 Lakh |
| Total Income | ₹9.23 Cr | ₹6.54 Cr | - | - | - | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹8.35 Lakh | ₹10.79 Lakh | ₹1.73 Lakh | ₹1.88 Lakh | ₹1.32 Lakh | ₹28,000 | ₹92.77 Lakh |
| Purchases of Stock-in-Trade | ₹88.06 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.24 Cr | ₹5.6 Cr | ₹4.62 Cr | ₹4.72 Cr | ₹5.05 Cr | ₹3.78 Cr | ₹1.03 Cr | ₹98.08 Lakh |
| Finance Costs | ₹3.7 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | - | ₹6.53 Lakh | - | - | - | - | - | - |
| Other Expenses | ₹1.3 Cr | ₹75.86 Lakh | ₹1.19 Cr | ₹1.37 Cr | ₹1.68 Cr | ₹1.9 Cr | ₹1.03 Cr | ₹53.78 Lakh |
| Total Expenses | ₹9.14 Cr | ₹6.5 Cr | ₹6 Cr | ₹6.17 Cr | ₹6.87 Cr | ₹5.78 Cr | ₹2.14 Cr | ₹2.56 Cr |
| Profit Before Exceptional Items & Tax | - | ₹3.25 Lakh | - | - | - | - | - | - |
| Exceptional Items | - | ₹0 | - | - | - | - | - | - |
| Profit Before Tax | ₹9.69 Lakh | ₹3.25 Lakh | -₹69.97 Lakh | -₹5.27 Lakh | ₹11.3 Lakh | ₹1.08 Cr | -₹57.21 Lakh | ₹21.16 Lakh |
| Total Tax Expense | ₹6.19 Lakh | -₹6.23 Lakh | -₹53,000 | ₹0 | ₹9.51 Lakh | ₹29.28 Lakh | ₹15,000 | ₹9.18 Lakh |
| Net Profit | ₹3.5 Lakh | ₹9.48 Lakh | -₹69.44 Lakh | -₹5.27 Lakh | ₹1.79 Lakh | ₹78.3 Lakh | -₹57.36 Lakh | ₹11.98 Lakh |
| Other Comprehensive Income | - | ₹0 | - | - | - | - | - | - |
| Total Comprehensive Income | - | ₹9.48 Lakh | - | - | - | - | - | - |
| EBITDA (computed) | - | ₹9.78 Lakh | - | - | - | - | - | - |
| Basic EPS | - | ₹0.26 | - | - | - | - | - | - |
| Diluted EPS | - | ₹0.26 | - | - | - | - | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹13.48 Cr | ₹11.5 Cr | ₹11.17 Cr | ₹11.45 Cr | ₹11.14 Cr | ₹10.87 Cr | ₹9.5 Cr | ₹10.12 Cr |
| Non-current Assets | ₹8.58 Cr | ₹9.65 Cr | ₹9.33 Cr | ₹9.39 Cr | ₹9.01 Cr | ₹8.5 Cr | ₹7.79 Cr | ₹6.99 Cr |
| Current Assets | ₹4.9 Cr | ₹1.85 Cr | ₹1.85 Cr | ₹2.06 Cr | ₹2.13 Cr | ₹2.37 Cr | ₹1.71 Cr | ₹3.13 Cr |
| Property, Plant & Equipment | ₹9.6 Lakh | ₹14.04 Lakh | - | - | - | - | - | - |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | - | ₹94.12 Lakh | - | - | - | - | - | - |
| Cash & Equivalents | ₹42.05 Lakh | ₹55.58 Lakh | ₹57.03 Lakh | ₹57.3 Lakh | ₹66.45 Lakh | ₹55.55 Lakh | ₹14.16 Lakh | ₹22.83 Lakh |
| Equity (Net Worth) | - | ₹9.47 Cr | - | - | - | - | - | - |
| Equity Share Capital | - | ₹3.59 Cr | - | - | - | - | - | - |
| Borrowings (Non-current) | - | ₹0 | - | - | - | - | - | - |
| Borrowings (Current) | - | ₹0 | - | - | - | - | - | - |
| Total Debt (computed) | - | ₹0 | - | - | - | - | - | - |
| Current Liabilities | ₹2.62 Cr | ₹2.03 Cr | ₹1.58 Cr | ₹1.2 Cr | ₹1.04 Cr | ₹78.44 Lakh | ₹20.21 Lakh | ₹24.88 Lakh |
| Total Liabilities | - | ₹2.03 Cr | - | - | - | - | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹1.9 Cr | ₹52.43 Lakh | -₹2.8 Lakh | -₹30.81 Lakh | ₹76.44 Lakh |
| Investing Cash Flow | ₹41.48 Lakh | -₹32.42 Lakh | ₹76,000 | ₹1.96 Lakh | -₹65.55 Lakh |
| Financing Cash Flow | ₹1.35 Cr | -₹21.47 Lakh | ₹1.77 Lakh | ₹19.7 Lakh | ₹0 |
| Capital Expenditure | ₹1.34 Lakh | ₹32.47 Lakh | - | - | - |
| Free Cash Flow (computed) | -₹1.91 Cr | ₹19.96 Lakh | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹13.53 Lakh | -₹1.46 Lakh | -₹27,000 | -₹9.15 Lakh | ₹10.89 Lakh |
Shareholding Pattern of Octaware Technologies Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 71.13%, retail and other public shareholders hold 28.87% of Octaware Technologies Limited. The company had 144 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 71.13% | 65.87% | 54.73% | 54.73% | 54.73% | 54.73% |
| Public | 28.87% | 34.13% | 45.27% | 45.27% | 45.27% | 45.27% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|---|
| Promoters | 71.13% | 54.73% | 54.73% | 54.73% | 53.04% | 48.18% |
| Public | 28.87% | 45.27% | 45.27% | 45.27% | 46.96% | 51.82% |
| Promoter change (YoY, %pts) | +16.40 | +0.00 | +0.00 | +1.69 | +4.86 | - |
Group Structure of Octaware Technologies Limited
Octaware Technologies Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Octaware Technologies Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Octaware Information Technologies Private Limited | U72300MH2013PTC248824 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings Octaware Technologies Limited
Octaware Technologies Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Octaware Technologies Limited
Octaware Technologies Limited has a workforce of 43 employees as of Apr 09, 2024.
Employee and EPFO history for Octaware Technologies Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Octaware Technologies Limited
GST registrations and filing compliance for Octaware Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Octaware Technologies Limited
Credit ratings, litigation, and regulatory alerts for Octaware Technologies Limited
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MSME Payment Delays by Octaware Technologies Limited
MSME payment history for Octaware Technologies Limited
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Subsidiaries & Group Companies of Octaware Technologies Limited
Corporate group structure for Octaware Technologies Limited
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MCA Filings & Documents of Octaware Technologies Limited
MCA filings and documents for Octaware Technologies Limited
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Recent Activity on Octaware Technologies Limited
Recent News on Octaware Technologies Limited
Frequently Asked Questions about Octaware Technologies Limited
Octaware Technologies Limited is an active public limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 26 May 2005 (21+ years old) and is registered under CIN L72200MH2005PLC153539. Listed on BSE: 540416. The company has 43 employees.
Octaware Technologies Limited reported revenue of ₹17.53 Cr for FY 2026 (up 11.27% YoY) based on consolidated BSE filings.
The current directors of Octaware Technologies Limited are:
- Mohammed Aslam Qudratullah Khan - Managing Director
- Rabia Khan - Director
- Vidya Hemakar Shetty - Director
- Alok Ranjan - Additional Director
- Pradeep Lavania - Additional Director
- Narayanan Krishnan - Director
The primary industry of Octaware Technologies Limited is information technology. The company specifically operates in software development and support services. The company is currently active in this sector.
Yes. Octaware Technologies Limited is listed on BSE with code 540416.
Octaware Technologies Limited can be reached at the registered office: 204 Timmy Arcade Makwana Rdmarol Off Kurla Andheri Road, Mumbai, Maharashtra, India – 400072, or through the website octaware.com.