MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0230327
Butterfly Innovations Private Limited - education in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.84 Cr
▲ 35% YoY
Net loss · FY 2025
₹2.73 Cr
Net margin -17.2%
EBITDA · FY 2025
-₹2.66 Cr
EBITDA margin -16.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.89 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
84
Provident fund records
Directors on board
3
As per MCA filings
About Butterfly Innovations Private Limited
Data last updated:
Butterfly Innovations Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the elearning and digital education segment of the education sector. It was incorporated on 05 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900HR2013PTC050006. Its GSTIN is 29AAFCB5966Q1ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.89 Lakh. It is led by directors including Gopal Devanahalli and Hemant Sahal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 378 Sector – 10, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.84 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹2.73 Cr (net margin -17.2%) and EBITDA of -₹2.66 Cr (EBITDA margin -16.8%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 56% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Digii. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (4 rights issues, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹22.09 Cr; the latest was in March 2022. Its 4 peer companies in the Education industry (Application Development, E Learning), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 1 smaller; the largest is Diligent Tech India Private Limited with revenue of ₹15.92 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2023, listing 18 overdue payments to 11 micro and small suppliers.
Butterfly Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0230327). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website collpoll.com.
Company details
CIN U74900HR2013PTC050006
Registration Number 050006
Incorporation Date 05 August 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0230327
Recognitions & Rankings of Butterfly Innovations
Contact details
Butterfly Innovations Private Limited's registered office is in Gurgaon, Haryana. Its website is collpoll.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address378 Sector – 10, Gurgaon, Haryana, India – 122001
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Butterfly Innovations Private Limited, buy the company report.
Comprehensive company report
Butterfly Innovations 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Butterfly Innovations operates one associated brand: Digii. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digitization software for higher-education administrative activities is provided. | digiicampus.com |
Business activity
The main business activity of Butterfly Innovations 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Butterfly Innovations Private Limited, buy the company report.
Financials of Butterfly Innovations Private Limited
FY 2024 filings availableButterfly Innovations Private Limited reported revenue of ₹15.84 Cr (up 35% YoY) for FY 2025.
Revenue · FY 2025
₹15.84 Cr ▲ 35%
Net loss · FY 2025
₹2.73 Cr margin -17.2%
EBITDA · FY 2025
-₹2.66 Cr margin -16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 57%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 10%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 35% growth in the latest year. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.73 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.8% | ||||
| Net Profit Margin | -17.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Butterfly Innovations Private Limited, buy the company report.
Board of directors of Butterfly Innovations Private Limited
Butterfly Innovations has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Panchanadan | Nominee Director | 22 Jan 2018 | 8 Years 9 Months | Current |
| Gopal Devanahalli | Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Hemant Sahal | Director | 05 Aug 2013 | 13 Years 3 Months | Current |
Peer comparison
Butterfly Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Application Development, E Learning), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diligent Tech India Private Limited | ₹15.92 Cr (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Nano Wicore Labs Private Limited | ₹15.88 Cr (FY 2023) | -3.0% | Hyderabad, Telangana, India | |||
| Octaware Technologies Limited | ₹15.88 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Butterfly Innovations Private Limitedthis company | ₹15.84 Cr (FY 2025) | -₹2.73 Cr | -17.2% | 35.0% | 84 | Gurgaon, Haryana, India |
| Heuristics Informatics Private Limited | ₹15.82 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India |
To see the full peer comparison of Butterfly Innovations Private Limited, buy the company report.
Auditor
Butterfly Innovations Private Limited is audited by PANTH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANTH & CO | FY 2023 | 002564S |
Shareholding
The shareholding of Butterfly Innovations Private 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Butterfly Innovations Private Limited, buy the company report.
Deals & funding
Butterfly Innovations Private Limited has 10 deals on record (4 rights issues, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹22.09 Cr; the latest was in March 2022.
Total deals
10
Rights issues
4
Funding rounds
4
Secondary share transfers
2
Disclosed funding
₹22.09 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2019 | Rights issue | ₹4.47 Cr | Investors: Manipal Global Education Services Private Limited , Sprout Angels, 2 individuals |
| Jul 2017 | Rights issue | ₹1 Cr | Investors: Sprout Angels, Kadamba Intrac Private Limited , 2 individuals |
| Dec 2015 | Funding round · Seed | ₹1.27 Cr | Investors: 4 individuals |
| Oct 2014 | Rights issue | ₹22 Lakh | Investors: 3 individuals |
To see the full deal history of Butterfly Innovations 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
Butterfly Innovations Private Limited has 2 court cases on record: 1 filed by Butterfly Innovations, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by Rimt University | Pending |
| NCLT, Chandigarh | Company petition | Filed by the company | Disposed |
To see the full case history of Butterfly Innovations Private 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
Butterfly Innovations Private Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 18 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Speech Markers Private Limited | |||
| Panth and Co | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Butterfly Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Butterfly Innovations Private Limited has a workforce of 84 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
84
Active EPFO establishments
1
Employee growth
13.51%
GST
Butterfly Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB5966Q1ZQ | Karnataka | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Butterfly Innovations Private Limited, buy the company report.
Recent activity
Butterfly Innovations Private Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Gopal Devanahalli ceased to be Additional Director on 28 Sep 2025.
Ceased
Gopal Devanahalli ceased to be Additional Director.
Ceased
Ravi Panchanadan ceased to be Nominee Director.
Appointed
Gopal Devanahalli was appointed as Director.
AGM
Butterfly Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Butterfly Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Moloy Bannerjee Kumar ceased to be Director.
Ceased
Murli Nagasundaram ceased to be Director.
Ceased
Hawa Sahal Singh ceased to be Director.
Appointed
Ravi Panchanadan was appointed as Nominee Director.
Ceased
Srinivasa Murthy ceased to be Additional Director.
Appointed
Hemant Sahal was appointed as Director.
Incorporation
05 Aug 2013
Butterfly Innovations Private Limited was registered on 05 Aug 2013 with Roc Delhi & aged 13 years 3 months as per MCA records.
News
Frequently asked questions
Butterfly Innovations is an active private limited company based in Gurgaon, Haryana, India. The company works in elearning and digital education, within the education industry. It was incorporated on 05 August 2013 (13+ years old) and is registered under CIN U74900HR2013PTC050006.
Butterfly Innovations has 3 current directors:
- Ravi Panchanadan - Nominee Director
- Gopal Devanahalli - Director
- Hemant Sahal - Director
The latest financial statements of Butterfly Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Butterfly Innovations is 29AAFCB5966Q1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Butterfly Innovations is U74900HR2013PTC050006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Butterfly Innovations has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Butterfly Innovations was incorporated on 05 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Butterfly Innovations has 10 deals on record (4 rights issues, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹22.09 Cr; the latest was in March 2022.
The peers of Butterfly Innovations by revenue are Diligent Tech India Private Limited, Nano Wicore Labs Private Limited, Octaware Technologies Limited, Heuristics Informatics Private Limited, all in the Education industry (Application Development, E Learning), with the same principal business activity (computer programming, consultancy and related activities).
Gopal Devanahalli ceased to be Additional Director on 28 Sep 2025. Ravi Panchanadan ceased to be Nominee Director on 28 Nov 2024. Gopal Devanahalli was appointed as Director on 25 Nov 2024. Butterfly Innovations has 9 board changes on record in total.
Yes, Butterfly Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0230327).
Butterfly Innovations has 3 MSME Form 1 returns on record between 2021 and 2023, listing 18 overdue payments to 11 micro and small suppliers. The latest return was filed on 07 Dec 2023.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages