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Finaara Technologies Private Limited - information technology in Alwarpet, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹39.25 Lakh
▲ 81% YoY
Net profit · FY 2023
₹1.57 Lakh
Net margin 4%
EBITDA · FY 2023
₹2.36 Lakh
EBITDA margin 6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Finaara Technologies Private Limited
Data last updated:
Finaara Technologies Private Limited is a private limited company based in Alwarpet, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC133439. Its GSTIN is 33AADCF9638H1ZH (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kali Rajendran and Malarkodi Gnanasekar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.42/81 Ttk Road, Alwarpet, Tamil Nadu, India – 600018.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.25 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 4%) and EBITDA of ₹2.36 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
The company is associated with 2 brands: Finaara and Monexsoft.
Finaara Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0116723). For more details, the company can be reached via its website finaara.com.
Company details
CIN U72900TN2019PTC133439
Registration Number 133439
Incorporation Date 26 December 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0116723
Recognitions & Rankings of Finaara Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0116723
Contact details
Finaara Technologies Private Limited's registered office is in Alwarpet, Tamil Nadu. Its website is finaara.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.42/81 Ttk Road, Alwarpet, Tamil Nadu, India – 600018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Finaara Technologies Private Limited, buy the company report.
Comprehensive company report
Finaara 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
Finaara Technologies operates two associated brands: Finaara and MONEXSOFT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital banking tech, UPI apps, and ERP for financial institutions worldwide. | finaara.com | |
| Develops specialized software for currency exchange businesses. | monexsoft.com |
Business activity
The main business activity of Finaara Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Finaara Technologies Private Limited, buy the company report.
Financials of Finaara Technologies Private Limited
FY 2023 filings availableFinaara Technologies Private Limited reported revenue of ₹39.25 Lakh (up 81% YoY) for FY 2023.
Revenue · FY 2023
₹39.25 Lakh ▲ 81%
Net profit · FY 2023
₹1.57 Lakh margin 4%
EBITDA · FY 2023
₹2.36 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 58%
Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 81% growth in the latest year. EBITDA rose 112% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹39.25 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.57 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6% | |||
| Net Profit Margin | 4% | |||
| 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 Finaara Technologies Private Limited, buy the company report.
Board of directors of Finaara Technologies Private Limited
Finaara Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kali Rajendran | Director | 26 Dec 2019 | 6 Years 10 Months | Current |
| Malarkodi Gnanasekar Also directs: Innogle Technologies Private Limited | Director | 29 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Finaara Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hridtech Private Limited | ₹39.32 Lakh (FY 2025) | 1179.0% | Bangalore, Karnataka, India | |||
| Integrate Media House Private Limited | ₹39.3 Lakh (FY 2025) | 990.0% | Pune, Maharashtra, India | |||
| Chamber of Startups & MSME (India) Council | ₹39.3 Lakh (FY 2025) | 2.0% | Varanasi, Uttar Pradesh, India | |||
| Flyra Private Limited | ₹39.26 Lakh (FY 2025) | 9.0% | Greater Noida, Uttar Pradesh, India | |||
| NM Square Digital Services Private Limited | ₹39.26 Lakh (FY 2024) | -67.0% | New Delhi, Delhi, India | |||
| Finaara Technologies Private Limitedthis company | ₹39.25 Lakh (FY 2023) | ₹1.57 Lakh | 4% | 81.0% | Alwarpet, Tamil Nadu, India | |
| Shacom Tex Private Limited | ₹39.23 Lakh (FY 2025) | -21.0% | Mumbai, Maharashtra, India | |||
| Stratagics Associates Private Limited | ₹39.22 Lakh (FY 2025) | 178.0% | Patna, Bihar, India | |||
| Priaan Events Management (OPC) Private Limited | ₹39.22 Lakh (FY 2025) | 105.0% | New Delhi, Delhi, India | |||
| Gebco Pvt Ltd | ₹39.22 Lakh (FY 2020) | 1643.0% | Kolkata, West Bengal, India | |||
| Ohm Shree Maa Array International Private Limited | ₹39.21 Lakh (FY 2025) | -23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Finaara Technologies Private Limited, buy the company report.
Auditor
Finaara Technologies Private Limited is audited by Elangovan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Elangovan & Co | FY 2023 | 00699OS |
Shareholding
The shareholding of Finaara Technologies Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Finaara Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finaara 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 Finaara Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finaara Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCF9638H1ZH | Tamil Nadu | Active | 06 Aug 2023 |
To see the full GST registrations and return filing status of Finaara Technologies Private Limited, buy the company report.
Recent activity
Finaara Technologies Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Venkata Gajalaxmi Gunta ceased to be Director on 01 Dec 2021.
AGM
Finaara Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Finaara Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Venkata Gajalaxmi Gunta ceased to be Director.
Appointed
Malarkodi Gnanasekar was appointed as Director.
Appointed
Kali Rajendran was appointed as Director.
Incorporation
26 Dec 2019
Finaara Technologies Private Limited was registered on 26 Dec 2019 with Roc Chennai & aged 6 years 10 months as per MCA records.
Frequently asked questions
Finaara Technologies is an active private limited company based in Alwarpet, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 December 2019 (7+ years old) and is registered under CIN U72900TN2019PTC133439.
Finaara Technologies has 2 current directors:
- Kali Rajendran - Director
- Malarkodi Gnanasekar - Director
The latest financial statements of Finaara Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Finaara Technologies is 33AADCF9638H1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Finaara Technologies is U72900TN2019PTC133439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finaara Technologies was incorporated on 26 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Finaara Technologies by revenue are Hridtech Private Limited, Integrate Media House Private Limited, Chamber of Startups & MSME (India) Council, Flyra Private Limited, NM Square Digital Services Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Venkata Gajalaxmi Gunta ceased to be Director on 01 Dec 2021. Malarkodi Gnanasekar was appointed as Director on 29 Nov 2021. Kali Rajendran was appointed as Director on 26 Dec 2019.
Yes, Finaara Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Finaara Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0116723).
Finaara Technologies can be reached through the website finaara.com. Its registered office is in Alwarpet, Tamil Nadu, India.
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