Navare Solutions Private Limited
About Navare Solutions Private Limited
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Navare Solutions Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Visionsoft Trust. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 April 2022.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2022PTC074907. Its GSTIN is 32AAICN1734F1ZT (Kerala).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25.75 Lakh. It is led by directors including Binsy Joseph and Arun Joseph.
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 Ernakulam, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.68 Lakh, a growth of 111% compared to the previous year. For the same year it recorded a net loss of ₹12.75 Lakh (net margin -14.7%) and EBITDA of -₹12.14 Lakh (EBITDA margin -14%).
The company has about 9 employees on its provident fund (EPFO) records.
Company details
Contact details
Navare Solutions Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSpazeone 52/3028 G 6th Floor, Syama Business Hub Vyttila Junction, Ernakulam, Kerala, India – 682019
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Navare Solutions Private 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
Business activity
The main business activity of Navare Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Navare Solutions Private Limited, buy the company report.
Financials of Navare Solutions Private Limited
FY 2025 filings availableNavare Solutions Private Limited reported revenue of ₹86.68 Lakh (up 111% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 111% in the latest year. EBITDA fell 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
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| EBITDA | -₹12.14 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹12.75 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -14% | |
| Net Profit Margin | -14.7% | |
| 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 Navare Solutions Private Limited, buy the company report.
Board of directors of Navare Solutions Private Limited
Navare Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binsy Joseph | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Arun Joseph | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Santhosh Kalapurayil Joseph | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Navare Solutions Private Limited is compared with the 9 companies closest to it 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindsoft Technology Private Limited | ₹87 Lakh (FY 2023) | -2.0% | Delhi, India | |||
| Inwizards Software Technology Private Limited | ₹86.87 Lakh (FY 2025) | -77.0% | Indore, Madhya Pradesh, India | |||
| Honey Mountain IT Solutions Private Limited | ₹86.85 Lakh (FY 2025) | 38.0% | Kadapa, Andhra Pradesh, India | |||
| Pivoting Softwares Private Limited | ₹86.78 Lakh (FY 2025) | -28.0% | Ahmedabad, Gujarat, India | |||
| Navare Solutions Private Limitedthis company | ₹86.68 Lakh (FY 2024) | -₹12.75 Lakh | -14.7% | 111.0% | Ernakulam, Kerala, India | |
| GLNR Services Private Limited | ₹86.59 Lakh (FY 2024) | -49.0% | Hyderabad, Telangana, India | |||
| Garima System Solutions Private Limited | ₹86.58 Lakh (FY 2025) | -15.0% | Vadodara, Gujarat, India | |||
| Omens Animation Studios Private Limited | ₹86.57 Lakh (FY 2021) | -56.0% | Bangalore, Karnataka, India | |||
| Greenity Software Solutions Private Limited | ₹86.51 Lakh (FY 2024) | 61.0% | Mumbai, Maharashtra, India | |||
| Marajo Technology Private Limited | ₹86.5 Lakh (FY 2024) | 65.0% | Cantonment, Tamil Nadu, India |
To see the full peer comparison of Navare Solutions Private Limited, buy the company report.
Auditor
Navare Solutions Private Limited is audited by ROY VARGHESE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROY VARGHESE & ASSOCIATES | FY 2023 | 006226S |
Shareholding
The shareholding of Navare Solutions Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Navare Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navare Solutions 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 Navare Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navare Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICN1734F1ZT | Kerala | Active | 29 Aug 2022 |
To see the full GST registrations and return filing status of Navare Solutions Private Limited, buy the company report.
Recent activity
Navare Solutions Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Kannanchakkasseril Kassim Anwersadath ceased to be Director on 07 Jun 2023.
Frequently asked questions
Navare Solutions is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 April 2022 (4+ years old) and is registered under CIN U72900KL2022PTC074907.
Navare Solutions has 3 current directors:
- Binsy Joseph - Director
- Arun Joseph - Director
- Santhosh Kalapurayil Joseph - Director
The latest financial statements of Navare Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Navare Solutions is 32AAICN1734F1ZT, registered in Kerala.
The CIN (Corporate Identification Number) of Navare Solutions is U72900KL2022PTC074907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navare Solutions was incorporated on 07 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Navare Solutions by revenue are Hindsoft Technology Private Limited, Inwizards Software Technology Private Limited, Honey Mountain IT Solutions Private Limited, Pivoting Softwares Private Limited, GLNR Services Private Limited and 4 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Kannanchakkasseril Kassim Anwersadath ceased to be Director on 07 Jun 2023. Prasad Gopinathan ceased to be Director on 07 Jun 2023. Arun Joseph was appointed as Director on 20 Dec 2022. Navare Solutions has 5 board changes on record in total.
The registered office of Navare Solutions is at Spazeone 523028 G 6th Floor, Syama Business Hub Vyttila Junction, Ernakulam, Kerala, India – 682019.
Navare Solutions operates in the information technology industry, in the IT consulting and support services segment.
Navare Solutions can be reached at its registered office: Spazeone 523028 G 6th Floor, Syama Business Hub Vyttila Junction, Ernakulam, Kerala, India – 682019.
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