About Novyy Technologies Private Limited
Data last updated:
Novyy Technologies Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2016PTC045544. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Athul Thazhekurunnan Kandy and Muhasin Hira.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 11/432 – C3 Indo Arcade Cherooty Road, Kozhikode, Kerala, India – 673001.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.8 Lakh (net margin -201.2%) and EBITDA of -₹9.51 Lakh (EBITDA margin -195.2%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novyy.co.
Company details
Contact details
Novyy Technologies Private Limited's registered office is in Kozhikode, Kerala. Its website is novyy.co. Its e-mail address is in the company report.
- Email
- Website
- Registered Address11/432 – C3 Indo Arcade Cherooty Road, Kozhikode, Kerala, India – 673001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Novyy Technologies 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 Novyy Technologies 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 Novyy Technologies Private Limited, buy the company report.
Financials of Novyy Technologies Private Limited
FY 2020 filings availableNovyy Technologies Private Limited reported revenue of ₹4.87 Lakh (up 364% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 364% in the latest year. EBITDA fell 941% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.87 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹9.51 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9.8 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -195.2% | |||
| Net Profit Margin | -201.2% | |||
| 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 Novyy Technologies Private Limited, buy the company report.
Board of directors of Novyy Technologies Private Limited
Novyy Technologies has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Athul Thazhekurunnan Kandy | Director | 26 Apr 2016 | 10 Years 5 Months | Current |
| Muhasin Hira Also directs: Viewfi Interactive Private Limited | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Jasir Abdulla Thacharupadikkal Kolakkattil | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Maharoof Hira Also directs: Viewfi Interactive Private Limited | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Novyy Technologies Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Phoenix Infomatrix Private Limited | ₹4.88 Lakh (FY 2024) | -22.0% | Bangalore, Karnataka, India | |||
| Empire Edusoft Private Limited | ₹4.88 Lakh (FY 2025) | -70.0% | Uttar Pradesh, India | |||
| Aucourant Technologies Private Limited | ₹4.87 Lakh (FY 2025) | 28.0% | Dehradun, Uttarakhand, India | |||
| Zerobyte Technologies Private Limited | ₹4.87 Lakh (FY 2024) | 57.0% | Bhubaneswar, Odisha, India | |||
| Yuved Technology Private Limited | ₹4.87 Lakh (FY 2025) | -64.0% | Patia, Odisha, India | |||
| Novyy Technologies Private Limitedthis company | ₹4.87 Lakh (FY 2020) | -₹9.8 Lakh | -201.2% | 364.0% | Kozhikode, Kerala, India | |
| Volksoft Technologies Private Limited | ₹4.87 Lakh (FY 2024) | -60.0% | Secunderabad, Telangana, India | |||
| Encryptors Technocrat Private Limited | ₹4.87 Lakh (FY 2016) | 60.0% | Barabanki, Uttar Pradesh, India | |||
| Zard Technologies Private Limited | ₹4.86 Lakh (FY 2024) | -90.0% | Tiruvannamalai, Tamil Nadu, India | |||
| Vagmi Technologies Services Private Limited | ₹4.85 Lakh (FY 2024) | 107302.0% | Ghaziabad, Uttar Pradesh, India | |||
| Divino Tech India Private Limited | ₹4.85 Lakh (FY 2018) | -69.0% | Tamluk, West Bengal, India |
To see the full peer comparison of Novyy Technologies Private Limited, buy the company report.
Auditor
Novyy Technologies Private Limited is audited by K VARGHESE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K VARGHESE & CO | FY 2019 | 004525S |
Shareholding
The shareholding of Novyy Technologies Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Novyy Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Novyy 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 Novyy Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Novyy Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Novyy Technologies Private Limited, buy the company report.
Recent activity
Novyy Technologies Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Hemanth Valsaraj ceased to be Director on 15 Jul 2019.
Frequently asked questions
Novyy Technologies is an active private limited company based in Kozhikode, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 April 2016 (10+ years old) and is registered under CIN U72900KL2016PTC045544.
Novyy Technologies has 4 current directors:
- Athul Thazhekurunnan Kandy - Director
- Muhasin Hira - Director
- Jasir Abdulla Thacharupadikkal Kolakkattil - Director
- Maharoof Hira - Director
The latest financial statements of Novyy Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
No. Novyy Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Novyy Technologies is U72900KL2016PTC045544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novyy Technologies was incorporated on 26 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Novyy Technologies by revenue are Phoenix Infomatrix Private Limited, Empire Edusoft Private Limited, Aucourant Technologies Private Limited, Zerobyte Technologies Private Limited, Yuved Technology Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Hemanth Valsaraj ceased to be Director on 15 Jul 2019. Jasir Abdulla Thacharupadikkal Kolakkattil was appointed as Director on 15 Jul 2019. Syamlal Parambil Kalathattil ceased to be Director on 15 Jul 2019. Novyy Technologies has 8 board changes on record in total.
Novyy Technologies can be reached through the website novyy.co. Its registered office is in Kozhikode, Kerala, India.
The registered office of Novyy Technologies is at 11432 – C3 Indo Arcade Cherooty Road, Kozhikode, Kerala, India – 673001.
Novyy Technologies operates in the business outsourcing industry, in the business and IT consulting segment.