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Piiritu Innovations Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.46 Lakh
▲ 287% YoY
Net loss · FY 2025
₹8.92 Lakh
Net margin -26.6%
EBITDA · FY 2025
-₹5.9 Lakh
EBITDA margin -17.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Piiritu Innovations Private Limited
Data last updated:
Piiritu Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 21 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC297672. Its GSTIN is 27AAJCP3238K1Z3 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Akshay Makarand Herwadkar and Sadhana Makarand Herwadkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Floor – Grd Plot – 233 Kakad Industrial Estate Sitaram Keer Marg Off L J Road, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.92 Lakh (net margin -26.6%) and EBITDA of -₹5.9 Lakh (EBITDA margin -17.6%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 40% over five years.
The company is associated with 1 brand: Eff Factor.
Piiritu Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0040501). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website efffactor.com.
Company details
CIN U72900MH2017PTC297672
Registration Number 297672
Incorporation Date 21 July 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0040501
Recognitions & Rankings of Piiritu Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0040501
Contact details
Piiritu Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is efffactor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Floor – Grd Plot – 233 Kakad Industrial Estate Sitaram Keer Marg Off L J Road, Mumbai, Maharashtra, India – 400016
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Piiritu Innovations Private Limited, buy the company report.
Comprehensive company report
Piiritu 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
Piiritu Innovations operates one associated brand: Eff Factor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software for managing workflows, time tracking, and reporting for professional firms. | efffactor.com |
Business activity
The main business activity of Piiritu Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Piiritu Innovations Private Limited, buy the company report.
Financials of Piiritu Innovations Private Limited
FY 2025 filings availablePiiritu Innovations Private Limited reported revenue of ₹33.46 Lakh (up 287% YoY) for FY 2025.
Revenue · FY 2025
₹33.46 Lakh ▲ 287%
Net loss · FY 2025
₹8.92 Lakh margin -26.6%
EBITDA · FY 2025
-₹5.9 Lakh margin -17.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 287%
3 years · compounded
▲ 53%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 13%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 287% growth in the latest year. EBITDA rose 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.9 Lakh | ||||
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| Net Profit (PAT) | -₹8.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -17.6% | ||||
| Net Profit Margin | -26.6% | ||||
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To see the full financial statements and ratios of Piiritu Innovations Private Limited, buy the company report.
Board of directors of Piiritu Innovations Private Limited
Piiritu Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Makarand Herwadkar Also directs: Mavs Advisors Private Limited | Director | 21 Jul 2017 | 9 Years 3 Months | Current |
| Sadhana Makarand Herwadkar | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Piiritu 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 Piiritu Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piiritu Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP3238K1Z3 | Maharashtra | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Piiritu Innovations Private Limited, buy the company report.
Recent activity
Piiritu Innovations Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Sadhana Makarand Herwadkar ceased to be Additional Director on 30 Sep 2019.
AGM
Piiritu Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Piiritu Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sadhana Makarand Herwadkar ceased to be Additional Director.
Ceased
Makarand Kusumakar Herwadkar ceased to be Director.
Appointed
Sadhana Makarand Herwadkar was appointed as Director.
Appointed
Akshay Makarand Herwadkar was appointed as Director.
Incorporation
21 Jul 2017
Piiritu Innovations Private Limited was registered on 21 Jul 2017 with Roc Mumbai & aged 9 years 3 months as per MCA records.
Frequently asked questions
Piiritu Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 21 July 2017 (9+ years old) and is registered under CIN U72900MH2017PTC297672.
Piiritu Innovations has 2 current directors:
- Akshay Makarand Herwadkar - Director
- Sadhana Makarand Herwadkar - Director
The latest financial statements of Piiritu Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Piiritu Innovations is 27AAJCP3238K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piiritu Innovations is U72900MH2017PTC297672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piiritu Innovations was incorporated on 21 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Sadhana Makarand Herwadkar ceased to be Additional Director on 30 Sep 2019. Makarand Kusumakar Herwadkar ceased to be Director on 17 Jul 2019. Sadhana Makarand Herwadkar was appointed as Director on 16 Jul 2019. Piiritu Innovations has 4 board changes on record in total.
Yes, Piiritu Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Piiritu Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0040501).
Piiritu Innovations can be reached through the website efffactor.com. Its registered office is in Mumbai, Maharashtra, India.