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Necun Innovations Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹32.23 Lakh
▲ 371% YoY
Net profit · FY 2023
₹1.38 Lakh
Net margin 4.3%
EBITDA · FY 2023
₹2.04 Lakh
EBITDA margin 6.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Necun Innovations Private Limited
Data last updated:
Necun Innovations Private Limited is a private limited company based in Hyderabad, Telangana, 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 07 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC122736. Its GSTIN is 36AAFCN9663E1Z6 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suman Balabommu (Managing Director) and Radhika Katuru.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.38 Lakh (net margin 4.3%) and EBITDA of ₹2.04 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The company is associated with 1 brand: Necun Innovations.
Necun Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0024912). For more details, the company can be reached via its website necun.in.
Company details
CIN U72900TG2018PTC122736
Registration Number 122736
Incorporation Date 07 March 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0024912
Recognitions & Rankings of Necun Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0024912
Contact details
Necun Innovations Private Limited's registered office is in Hyderabad, Telangana. Its website is necun.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressThh – 6/F 067 6th Floor C/O T – Hub Foundation, 1/C 83/1 Raidurg Panmaktha Near Hitech City, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Necun Innovations Private Limited, buy the company report.
Comprehensive company report
Necun 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
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Brands
Necun Innovations operates one associated brand: Necun Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT development, consulting, and training in SAP, Oracle, and Java technologies. | necun.in |
Business activity
The main business activity of Necun Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Necun Innovations Private Limited, buy the company report.
Financials of Necun Innovations Private Limited
FY 2024 filings availableNecun Innovations Private Limited reported revenue of ₹32.23 Lakh (up 371% YoY) for FY 2023.
Revenue · FY 2023
₹32.23 Lakh ▲ 371%
Net profit · FY 2023
₹1.38 Lakh margin 4.3%
EBITDA · FY 2023
₹2.04 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 371%
3 years · compounded
▼ 13%
EBITDA CAGR growth
3 years · compounded
▲ 3%
Revenue rose 371% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 13%. 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 | ₹32.23 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Necun Innovations Private Limited, buy the company report.
Board of directors of Necun Innovations Private Limited
Necun Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Katuru Also directs: Renote AI Private Limited | Director | 07 Mar 2018 | 8 Years 7 Months | Current |
| Suman Balabommu Also directs: Renote AI Private Limited, Elitsquad Techworks Private Limited | Managing Director | 07 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Necun Innovations Private Limited is audited by JVB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JVB & ASSOCIATES | FY 2023 | 019152S |
Shareholding
The shareholding of Necun 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Necun Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Necun Innovations 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 Necun Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Necun Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCN9663E1Z6 | Telangana | Active | 25 May 2018 |
To see the full GST registrations and return filing status of Necun Innovations Private Limited, buy the company report.
Recent activity
Necun Innovations Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Radhika Katuru was appointed as Director on 07 Mar 2018.
AGM
Necun Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Necun Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Radhika Katuru was appointed as Director.
Appointed
Suman Balabommu was appointed as Managing Director.
Incorporation
07 Mar 2018
Necun Innovations Private Limited was registered on 07 Mar 2018 with Roc Hyderabad & aged 8 years 7 months as per MCA records.
Frequently asked questions
Necun Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 March 2018 (8+ years old) and is registered under CIN U72900TG2018PTC122736.
Necun Innovations has 2 current directors:
- Suman Balabommu - Managing Director
- Radhika Katuru - Director
The latest financial statements of Necun 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 FY 2018 are in the company report.
The GSTIN of Necun Innovations is 36AAFCN9663E1Z6, registered in Telangana.
The CIN (Corporate Identification Number) of Necun Innovations is U72900TG2018PTC122736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Necun Innovations was incorporated on 07 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Radhika Katuru was appointed as Director on 07 Mar 2018. Suman Balabommu was appointed as Managing Director on 07 Mar 2018.
Yes, Necun Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Necun Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0024912).
Necun Innovations can be reached through the website necun.in. Its registered office is in Hyderabad, Telangana, India.
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