
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 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.
| CIN | Status |
|---|---|
| U72900KL2017FTC072823 | Current |
| U72900PN2017FTC171910 | Previous |
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
- Website
- Social Media
- Registered Address2nd Floor Part D Tower 1 Info Park SEZ Phase II Transasia Cyber Park, Puthencruz, Kerala, India – 682303
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Navidium India 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
Brands
Navidium India operates one associated brand: Navidium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of maritime IoT solutions | navidium.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 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 Navidium India Private Limited, buy the company report.
Financials of Navidium India Private Limited
FY 2023 filings availableNavidium India Private Limited reported revenue of ₹2.62 Cr (down 60% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| 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 | ₹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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 4.1% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arto Johannes Koistinen | Director | 08 Aug 2017 | 9 Years 2 Months | Current |
| Vijikumar Vishnuamboothiri Malackalmadom | Additional Director | 26 Nov 2021 | 4 Years 11 Months | Current |
| Arundas Parayanthazhathu Mohandas | Additional Director | 12 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Navidium India Private Limited is audited by JCS & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JCS & CO | FY 2023 | 024055S |
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 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 Navidium India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navidium India 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 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.
GST
Navidium India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCT3773L2Z0 | Kerala | Active | 07 Jan 2021 |
| 27AAGCT3773L1ZS | Maharashtra | Active | 15 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.
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:
- Arto Johannes Koistinen - Director
- Vijikumar Vishnuamboothiri Malackalmadom - Additional Director
- Arundas Parayanthazhathu Mohandas - Additional Director
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.

