- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0056268

About Axsys Technologies Limited
Data last updated:
Axsys Technologies Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Compass Energy Pte Ltd.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72100WB2007PLC117601. Its GSTIN is 19AAGCA4666F1ZJ (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Arun Kumar Agarwal and Sanjay Dugar.
Its last annual general meeting (AGM) was held on 03 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Level 10 Victoria Park Block – Gn Plot No. – 37/2 Sector – V Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2023, the company reported a revenue of ₹84.18 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹11.9 Lakh (net margin -14.1%) and EBITDA of ₹11.77 Lakh (EBITDA margin 14%). Revenue has declined at a compounded annual rate (CAGR) of 22% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axsys Tech. As per MCA filings, the company has open charges of ₹10.1 Lakh and satisfied charges of ₹7.43 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 7 cases are pending.
Axsys Technologies Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0056268). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axsystech.in.
Company details
Recognitions & Rankings of Axsys Technologies
Contact details
Axsys Technologies Limited's registered office is in Kolkata, West Bengal. Its website is axsystech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 10 Victoria Park Block – Gn Plot No. – 37/2 Sector – V Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Axsys Technologies Limited, buy the company report.
- 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
Brands
Axsys Technologies operates one associated brand: Axsys Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting and software development services are provided in India. | axsystech.in |
Financials of Axsys Technologies Limited
FY 2024 filings availableAxsys Technologies Limited reported revenue of ₹84.18 Lakh (down 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 29% fall in the latest year. EBITDA fell 49% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹84.18 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | -14.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Axsys Technologies Limited, buy the company report.
Board of directors of Axsys Technologies Limited
Axsys Technologies has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Agarwal | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Sanjay Dugar Also directs: Buildbrick Builders LLP, SNS Infrarealty LLP, Foremost Builders Private Limited and 5 more | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Subhro Banerjee Also directs: Nordische Cellnova Private Limited, Charzemax Global Private Limited, Nordische Energy Systems Private Limited and 5 more | Director | 13 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Axsys Technologies Limited is audited by S.DUTT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.DUTT & CO | FY 2023 | 325534E |
Shareholding
The shareholding of Axsys Technologies Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Axsys Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2025 | 101038875 | The South Indian Bank Limited | ₹3.3 Lakh | Open | |
| 19 Sep 2022 | 100614341 | The South Indian Bank Limited | ₹3.3 Lakh | Open | |
| 19 Oct 2020 | 100385700 | The South Indian Bank Limited | ₹3.5 Lakh | Open | |
| 31 Dec 2021 | 100528204 | The South Indian Bank Limited | ₹1.71 Lakh | Satisfied | |
| 28 Sep 2010 | 10245364 | Ing Vysya Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Axsys Technologies Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Axsys Technologies Limited has 13 court cases on record: 7 filed by Axsys Technologies, 6 filed against it. 7 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 6 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Re : Vision Comptech Integrators Ltd | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Manjir Ghosh Deputy Labour Commissioner(P) Bidhannagar | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Abs Consulting Group | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by E.S.I. Corporation | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Income Tax Officer, Ward-I(I), Kolkata & Ors | Pending |
To see the full case history of Axsys Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axsys Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axsys Technologies Limited has a workforce of 9 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Axsys Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCA4666F1ZJ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axsys Technologies Limited, buy the company report.
Recent activity
Axsys Technologies Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Arun Kumar Agarwal ceased to be Additional Director on 29 Sep 2018.
18 earlier events are in the company report.
Frequently asked questions
Axsys Technologies is an active public limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 August 2007 (19+ years old) and is registered under CIN U72100WB2007PLC117601.
Axsys Technologies has 3 current directors:
- Arun Kumar Agarwal - Director
- Sanjay Dugar - Director
- Subhro Banerjee - Director
The latest financial statements of Axsys Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Axsys Technologies is 19AAGCA4666F1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of Axsys Technologies is U72100WB2007PLC117601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axsys Technologies has 13 court cases on record: 7 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.
Axsys Technologies was incorporated on 03 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Arun Kumar Agarwal ceased to be Additional Director on 29 Sep 2018. Sanjay Dugar ceased to be Additional Director on 29 Sep 2018. Subhro Banerjee ceased to be Additional Director on 29 Sep 2018. Axsys Technologies has 15 board changes on record in total.
Yes, Axsys Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0056268).
Axsys Technologies can be reached through the website axsystech.in. Its registered office is in Kolkata, West Bengal, India.