MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0112571
Adhvit Innovations Private Limited
Adhvit Innovations Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹82.95 Lakh
▼ 42% YoY
Net profit · FY 2025
₹1.13 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹5.87 Lakh
EBITDA margin 7.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Adhvit Innovations Private Limited
Data last updated:
Adhvit Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC348551. Its GSTIN is 27AAUCA2660H1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Karthick Murugan and Nitesh Arjun Thorat.
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 Bldg 7F/11 Veena Nagar Phase II Opp. L B S Marg Mulund, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.95 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 1.4%) and EBITDA of ₹5.87 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
Adhvit Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0112571).
Company details
CIN U72900MH2020PTC348551
Registration Number 348551
Incorporation Date 23 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0112571
Recognitions & Rankings of Adhvit Innovations
Contact details
Adhvit Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBldg 7F/11 Veena Nagar Phase II Opp. L B S Marg Mulund, Mumbai, Maharashtra, India – 400080
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Adhvit Innovations Private Limited, buy the company report.
Comprehensive company report
Adhvit 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Adhvit Innovations is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Adhvit Innovations Private Limited, buy the company report.
Financials of Adhvit Innovations Private Limited
FY 2025 filings availableAdhvit Innovations Private Limited reported revenue of ₹82.95 Lakh (down 42% YoY) for FY 2025.
Revenue · FY 2025
₹82.95 Lakh ▼ 42%
Net profit · FY 2025
₹1.13 Lakh margin 1.4%
EBITDA · FY 2025
₹5.87 Lakh margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 81%
Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 34% 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 |
|---|---|---|---|---|---|
| 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 | ₹5.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Adhvit Innovations Private Limited, buy the company report.
Board of directors of Adhvit Innovations Private Limited
Adhvit Innovations has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthick Murugan | Director | 05 Feb 2024 | 2 Years 8 Months | Current |
| Nitesh Arjun Thorat | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
| Meenakshi Bhaskar Kashid | Director | 05 Apr 2023 | 3 Years 6 Months | Current |
| Chandra Sekhar Reddy Also directs: Adhvit Nextgen Solutions Private Limited | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2025 | 101156200 | State Bank of India | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Adhvit 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 Adhvit Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adhvit Innovations Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Adhvit Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA2660H1ZE | Maharashtra | Active | 30 Mar 2021 |
To see the full GST registrations and return filing status of Adhvit Innovations Private Limited, buy the company report.
Recent activity
Adhvit Innovations Private Limited has 7 board changes on record since 2021: 4 appointments and 3 cessations. The latest: Karthick Murugan was appointed as Director on 05 Feb 2024.
AGM
Adhvit Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 25.00 Lakh with Charge ID 101156200 was registered on 30 Aug 2025.
Filing
Adhvit Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Karthick Murugan was appointed as Director.
Appointed
Meenakshi Bhaskar Kashid was appointed as Director.
Ceased
Umesh Vilas Shirodkar ceased to be Director.
Appointed
Nitesh Arjun Thorat was appointed as Director.
Ceased
Rajashekar Reddy Malayala ceased to be Additional Director.
Appointed
Chandra Sekhar Reddy was appointed as Director.
Ceased
Chandra Sekhar Reddy ceased to be Director.
Incorporation
23 Oct 2020
Adhvit Innovations Private Limited was registered on 23 Oct 2020 with Roc Mumbai I & aged 5 years 11 months as per MCA records.
Frequently asked questions
Adhvit Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U72900MH2020PTC348551.
Adhvit Innovations has 4 current directors:
- Karthick Murugan - Director
- Nitesh Arjun Thorat - Director
- Meenakshi Bhaskar Kashid - Director
- Chandra Sekhar Reddy - Director
The latest financial statements of Adhvit 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 2021 are in the company report.
The GSTIN of Adhvit Innovations is 27AAUCA2660H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adhvit Innovations is U72900MH2020PTC348551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhvit Innovations was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Karthick Murugan was appointed as Director on 05 Feb 2024. Meenakshi Bhaskar Kashid was appointed as Director on 05 Apr 2023. Umesh Vilas Shirodkar ceased to be Director on 01 Apr 2023. Adhvit Innovations has 7 board changes on record in total.
Yes, Adhvit Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0112571).
The registered office of Adhvit Innovations is at Bldg 7F11 Veena Nagar Phase II Opp. L B S Marg Mulund, Mumbai, Maharashtra, India – 400080.
Adhvit Innovations operates in the information technology industry, in the application development and software solutions segment.