Adira Innovations Private Limited
About Adira Innovations Private Limited
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Adira Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC113848. Its GSTIN is 24AATCA5338D1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It was formerly known as Adira It Consulting Private Limited. It is led by directors Vaibhave Bhatnagar and Arunima Ghosh.
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 C3/71 Orchid Harmony Applewoods Township Sp Ring Road Sanathal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.75 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1,854 (net margin 0.5%) and EBITDA of ₹17,600 (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
Company details
Contact details
Adira Innovations Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressC3/71 Orchid Harmony Applewoods Township Sp Ring Road Sanathal, Ahmedabad, Gujarat, India – 380058
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Adira Innovations is professional, scientific and technical. 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 | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Adira Innovations Private Limited, buy the company report.
Financials of Adira Innovations Private Limited
FY 2024 filings availableAdira Innovations Private Limited reported revenue of ₹3.75 Lakh (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 9% fall in the latest year. EBITDA fell 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17,600 | |||
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| Net Profit (PAT) | ₹1,854 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 4.7% | |||
| Net Profit Margin | 0.5% | |||
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To see the full financial statements and ratios of Adira Innovations Private Limited, buy the company report.
Board of directors of Adira Innovations Private Limited
Adira Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhave Bhatnagar | Director | 08 Jun 2020 | 6 Years 5 Months | Current |
| Arunima Ghosh | Director | 08 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Adira Innovations Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ace Instruments and Services Private Limited | ₹3.77 Lakh (FY 2025) | -88.0% | Thane, Maharashtra, India | |||
| Eskal Pharmaceuticals Private Limited | ₹3.76 Lakh (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Diginova Control Automations Private Limited | ₹3.76 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Lio Technologies Private Limited | ₹3.75 Lakh (FY 2023) | -48.0% | Rohtak, Haryana, India | |||
| Adira Innovations Private Limitedthis company | ₹3.75 Lakh (FY 2024) | ₹1,854 | 0.5% | -9.0% | Ahmedabad, Gujarat, India | |
| Nxgrade Digital Solutions Private Limited | ₹3.75 Lakh (FY 2025) | -78.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Adira Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adira 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 Adira Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adira Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA5338D1ZO | Gujarat | Active | 25 Jan 2021 |
To see the full GST registrations and return filing status of Adira Innovations Private Limited, buy the company report.
Recent activity
Adira Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Arunima Ghosh was appointed as Director on 08 Jun 2020.
Frequently asked questions
Adira Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 June 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC113848.
Adira Innovations has 2 current directors:
- Vaibhave Bhatnagar - Director
- Arunima Ghosh - Director
The latest financial statements of Adira 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 2021 are in the company report.
The GSTIN of Adira Innovations is 24AATCA5338D1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Adira Innovations is U72900GJ2020PTC113848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adira Innovations was incorporated on 08 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adira Innovations by revenue are Ace Instruments and Services Private Limited, Eskal Pharmaceuticals Private Limited, Diginova Control Automations Private Limited, Lio Technologies Private Limited, Nxgrade Digital Solutions Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Arunima Ghosh was appointed as Director on 08 Jun 2020. Vaibhave Bhatnagar was appointed as Director on 08 Jun 2020.
The registered office of Adira Innovations is at C371 Orchid Harmony Applewoods Township Sp Ring Road Sanathal, Ahmedabad, Gujarat, India – 380058.
Adira Innovations operates in the information technology industry, in the IT consulting and support services segment.
Yes. Adira Innovations was formerly known as Adira It Consulting Private Limited.
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