Navidium India Private Limited

Navidium India Private Limited - information technology in Puthencruz, Kerala, India. FY 2026 financials & compliance.
CIN U72900KL2017FTC072823 Incorporated 08 August 2017 ROC Ernakulam HQ Puthencruz, Kerala, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹2.62 Cr
▼ 60% YoY
Net profit · FY 2023
₹10.86 Lakh
Net margin 4.1%
EBITDA · FY 2023
₹20.15 Lakh
EBITDA margin 7.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
6
Provident fund records
Directors on board
3
As per MCA filings

About Navidium India Private Limited

Data last updated:

Navidium India Private Limited is a foreign private limited company based in Puthencruz, Kerala, India, a subsidiary of Navidium Oyj (Formerly Known As Testlab Finland Oy). It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2017FTC072823. Its GSTIN is 32AAGCT3773L2Z0 (Kerala). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Testlab Marine Software Private Limited. It is led by directors including Arto Johannes Koistinen and Vijikumar Vishnuamboothiri Malackalmadom.

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 2nd Floor Part D Tower 1 Info Park SEZ Phase II Transasia Cyber Park, Puthencruz, Kerala, India – 682303.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.62 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹10.86 Lakh (net margin 4.1%) and EBITDA of ₹20.15 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 37% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Navidium.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navidium.com.

Company details

CIN U72900KL2017FTC072823
Registration Number 072823
Incorporation Date 08 August 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Navidium Oyj (Formerly Known As Testlab Finland Oy)
Compliance Status Active Compliant

CIN history

Navidium India has one previous CIN (Corporate Identification Number): U72900PN2017FTC171910. The current CIN is U72900KL2017FTC072823, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900KL2017FTC072823Current
U72900PN2017FTC171910Previous

Contact details

Navidium India Private Limited's registered office is in Puthencruz, Kerala. Its website is navidium.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    2nd Floor Part D Tower 1 Info Park SEZ Phase II Transasia Cyber Park, Puthencruz, Kerala, India – 682303
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Navidium India Private Limited, buy the company report.

Comprehensive company report
Navidium India 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

Navidium India operates one associated brand: Navidium. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of maritime IoT solutionsnavidium.com

Business activity

The main business activity of Navidium India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Navidium India Private Limited, buy the company report.

Financials of Navidium India Private Limited

FY 2023 filings available

Navidium India Private Limited reported revenue of ₹2.62 Cr (down 60% YoY) for FY 2023.

Revenue · FY 2023
₹2.62 Cr ▼ 60%
Net profit · FY 2023
₹10.86 Lakh margin 4.1%
EBITDA · FY 2023
₹20.15 Lakh margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 25%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 42%
5 years · compounded
▲ 33%

Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 74% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.62 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹20.15 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.86 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%
Net Profit Margin4.1%
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 Navidium India Private Limited, buy the company report.

Board of directors of Navidium India Private Limited

Navidium India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arto Johannes KoistinenDirector08 Aug 20179 Years 2 MonthsCurrent
Vijikumar Vishnuamboothiri MalackalmadomAdditional Director26 Nov 20214 Years 11 MonthsCurrent
Arundas Parayanthazhathu MohandasAdditional Director12 Jul 20224 Years 3 MonthsCurrent

Auditor

Navidium India Private Limited is audited by JCS & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JCS & COFY 2023024055S

Shareholding

The shareholding of Navidium India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Navidium India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Navidium India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Navidium India Private Limited has a workforce of 6 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-60%

GST

Navidium India has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
32AAGCT3773L2Z0KeralaActive07 Jan 2021
27AAGCT3773L1ZSMaharashtraActive15 Feb 2018

To see the full GST registrations and return filing status of Navidium India Private Limited, buy the company report.

Recent activity

Navidium India Private Limited has 9 board changes on record since 2017: 4 appointments and 5 cessations. The latest: Janne Juhani Tolonen ceased to be Director on 15 Sep 2022.

AGM
Navidium India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Navidium India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Ceased
Janne Juhani Tolonen ceased to be Director.
Appointed
Arundas Parayanthazhathu Mohandas was appointed as Additional Director.
Ceased
Toju Thomas ceased to be Additional Director.
Ceased
Khalil Rehman Aziz ceased to be Director.
Appointed
Vijikumar Vishnuamboothiri Malackalmadom was appointed as Additional Director.
Ceased
Suraj Kumar Singh ceased to be Director.
Ceased
Rajeev Shrivastava ceased to be Director.
Appointed
Arto Johannes Koistinen was appointed as Director.
Appointed
Shiv Shanker Agarwal was appointed as Comp. Inc. Oi As Promoter.
Incorporation
08 Aug 2017
Navidium India Private Limited was registered on 08 Aug 2017 with Roc Ernakulam & aged 9 years 2 months as per MCA records.

Frequently asked questions

Navidium India is an active foreign private limited company based in Puthencruz, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 August 2017 (9+ years old) and is registered under CIN U72900KL2017FTC072823.

Navidium India has 3 current directors:

The latest financial statements of Navidium India 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 2018 are in the company report.

The GSTIN of Navidium India is 32AAGCT3773L2Z0, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCT3773L1ZS (Maharashtra).

The CIN (Corporate Identification Number) of Navidium India is U72900KL2017FTC072823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Navidium India was incorporated on 08 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.

Janne Juhani Tolonen ceased to be Director on 15 Sep 2022. Arundas Parayanthazhathu Mohandas was appointed as Additional Director on 12 Jul 2022. Toju Thomas ceased to be Additional Director on 31 Jan 2022. Navidium India has 9 board changes on record in total.

Navidium India can be reached through the website navidium.com. Its registered office is in Puthencruz, Kerala, India.

The registered office of Navidium India is at 2nd Floor Part D Tower 1 Info Park SEZ Phase II Transasia Cyber Park, Puthencruz, Kerala, India – 682303.

Navidium India operates in the information technology industry, in the IT consulting and support services segment.