Ontrack Innovative Solutions Private Limited

Ontrack Innovative Solutions Private Limited - information technology in Mohali, Punjab, India. Directors, charges & compliance details.
CIN U72900PB2019PTC049589 Incorporated 06 June 2019 ROC Chandigarh HQ Mohali, Punjab, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹51.43 Lakh
▼ 19% YoY
Net loss · FY 2022
₹3.82 Lakh
Net margin -7.4%
EBITDA · FY 2022
₹16,576
EBITDA margin 0.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Last financials
Mar 2022
Balance sheet date

About Ontrack Innovative Solutions Private Limited

Data last updated:

Ontrack Innovative Solutions Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2019PTC049589.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anthony Migwi Kiragu and Mandeep Mahan.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Suite No.005 Plot No.E – 195 Phase Viiib Industrial Focal Point Mohali(Pb), Punjab, India – 160055.

As per the financials filed for FY 2022, the company reported a revenue of ₹51.43 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹3.82 Lakh (net margin -7.4%) and EBITDA of ₹16,576 (EBITDA margin 0.3%).

Company details

CIN U72900PB2019PTC049589
Registration Number 049589
Incorporation Date 06 June 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022

Contact details

Ontrack Innovative Solutions Private Limited's registered office is in Mohali, Punjab.

  • Registered Address
    Suite No.005 Plot No.E – 195 Phase Viiib Industrial Focal Point Mohali(Pb), Punjab, India – 160055
  • Industry
    Information Technology, Other Computer Related Activities
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Business activity

The main business activity of Ontrack Innovative Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Ontrack Innovative Solutions Private Limited, buy the company report.

Financials of Ontrack Innovative Solutions Private Limited

FY 2022 filings available

Ontrack Innovative Solutions Private Limited reported revenue of ₹51.43 Lakh (down 19% YoY) for FY 2022.

Revenue · FY 2022
₹51.43 Lakh ▼ 19%
Net loss · FY 2022
₹3.82 Lakh margin -7.4%
EBITDA · FY 2022
₹16,576 margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▼ 97%

Revenue fell 19% in the latest year. EBITDA fell 97% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16,576
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.82 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 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.3%
Net Profit Margin-7.4%
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 Ontrack Innovative Solutions Private Limited, buy the company report.

Board of directors of Ontrack Innovative Solutions Private Limited

Ontrack Innovative Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anthony Migwi KiraguDirector06 Jun 20197 Years 5 MonthsCurrent
Mandeep MahanDirector27 Dec 20214 Years 10 MonthsCurrent
Harish PapineniDirector27 Dec 20214 Years 10 MonthsCurrent

Peer comparison

Ontrack Innovative Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ixian Informatics Private Limited₹51.51 Lakh (FY 2025)13.0%Ernakulam, Kerala, India
Strongkofee Leadership Communications Private Limited₹51.5 Lakh (FY 2023)-11.0%Delhi, India
Intelliasia Software Private Limited₹51.44 Lakh (FY 2025)-17.0%Chennai, Tamil Nadu, India
V-Work Infotech Solutions Private Limited₹51.44 Lakh (FY 2025)-74.0%Hyderabad, Telangana, India
Zeroxy Information Technology Private Limited₹51.44 Lakh (FY 2022)414.0%Chennai, Tamil Nadu, India
Ontrack Innovative Solutions Private Limitedthis company₹51.43 Lakh (FY 2022)-₹3.82 Lakh-7.4%-19.0%Mohali, Punjab, India
Viniyoktalai Private Limited₹51.42 Lakh (FY 2024)2.0%Chennai, Tamil Nadu, India
Medreview Technology Solutions Private Limited₹51.42 Lakh (FY 2023)-43.0%Vellore, Tamil Nadu, India
Infervize Home Services Private Limited₹51.38 Lakh (FY 2024)3184.0%Adityapur, Jharkhand, India
Hyperion Electronics Private Limited₹51.36 Lakh (FY 2018)445.0%Chennai, Tamil Nadu, India
Ecloud Labs Private Limited₹51.35 Lakh (FY 2018)-86.0%Hyderabad, Telangana, India

To see the full peer comparison of Ontrack Innovative Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Ontrack Innovative Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ontrack Innovative Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Harish Papineni was appointed as Director on 27 Dec 2021.

AGM
Ontrack Innovative Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ontrack Innovative Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.
Appointed
Harish Papineni was appointed as Director.
Appointed
Mandeep Mahan was appointed as Director.
Ceased
Rohit Daid ceased to be Director.
Appointed
Anthony Migwi Kiragu was appointed as Director.
Incorporation
06 Jun 2019
Ontrack Innovative Solutions Private Limited was registered on 06 Jun 2019 with Roc Chandigarh & aged 7 years 5 months as per MCA records.

Frequently asked questions

Ontrack Innovative Solutions is an active private limited company based in Mohali, Punjab, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U72900PB2019PTC049589.

Ontrack Innovative Solutions has 3 current directors:

The latest financial statements of Ontrack Innovative Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Ontrack Innovative Solutions is U72900PB2019PTC049589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ontrack Innovative Solutions was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Ontrack Innovative Solutions by revenue are Ixian Informatics Private Limited, Strongkofee Leadership Communications Private Limited, Intelliasia Software Private Limited, V-Work Infotech Solutions Private Limited, Zeroxy Information Technology Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Harish Papineni was appointed as Director on 27 Dec 2021. Mandeep Mahan was appointed as Director on 27 Dec 2021. Rohit Daid ceased to be Director on 23 Dec 2021. Ontrack Innovative Solutions has 4 board changes on record in total.

The registered office of Ontrack Innovative Solutions is at Suite No.005 Plot No.E – 195 Phase Viiib Industrial Focal Point MohaliPb, Punjab, India – 160055.

Ontrack Innovative Solutions operates in the information technology industry, in the other computer related activities segment.

Ontrack Innovative Solutions can be reached at its registered office: Suite No.005 Plot No.E – 195 Phase Viiib Industrial Focal Point MohaliPb, Punjab, India – 160055.

Ontrack Innovative Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Chandigarh.