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Adj Utility Apps Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹97.97 Cr
▲ 25% YoY
Net loss · FY 2023
₹125.39 Cr
Net margin -128%
EBITDA · FY 2023
-₹130.83 Cr
EBITDA margin -133.5%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹18.84 Cr
Issued & subscribed
Open charges
₹3.99 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Adj Utility Apps Private Limited
Data last updated:
Adj Utility Apps Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Kyte Technologies,Inc and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U66220TN2017PTC184864. Its GSTIN is 27AAPCA8770K1ZX (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.84 Cr. It is led by directors Jayanth Harindranath Sugavasi and Ravish Naresh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.97 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹125.39 Cr (net margin -128%) and EBITDA of -₹130.83 Cr (EBITDA margin -133.5%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company is associated with 2 brands: Kyte and Khatabook. As per MCA filings, the company has open charges of ₹3.99 Cr on record. Court records list 3,485 cases involving the company, including 3,481 filed by the company and 4 filed against it; 1,779 cases are pending. The company has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.01 Cr; the latest was in October 2021. The company has 13 MSME Form 1 returns on record between 2020 and 2024, listing 79 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website khatabook.com.
Company details
CIN U66220TN2017PTC184864
Registration Number 184864
Incorporation Date 01 August 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Kyte Technologies,Inc
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Adj Utility Apps has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66220TN2017PTC184864, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66220TN2017PTC184864 | Current |
| U74999KA2017PTC138565 | Previous |
| U74999HR2017PTC070160 | Previous |
| U66220KA2017PTC138565 | Previous |
Recognitions & Rankings of Adj Utility Apps
Contact details
Adj Utility Apps Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Apps
- Registered AddressSuite 509 5th Floor The Executive Zone Private Limited, Shakti Tower 1/766 Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Adj Utility Apps 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
Brands
Adj Utility Apps operates two associated brands: Kyte and Khatabook. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of an AI-based SMS management app | kyte.ai | |
| App-based bookkeeping solutions are offered for small business management. | khatabook.com |
Business activity
The main business activity of Adj Utility Apps 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 Adj Utility Apps Private Limited, buy the company report.
Financials of Adj Utility Apps Private Limited
FY 2024 filings availableAdj Utility Apps Private Limited reported revenue of ₹97.97 Cr (up 25% YoY) for FY 2023.
Revenue · FY 2023
₹97.97 Cr ▲ 25%
Net loss · FY 2023
₹125.39 Cr margin -128%
EBITDA · FY 2023
-₹130.83 Cr margin -133.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 25% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹97.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹130.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹125.39 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -133.5% | ||||
| Net Profit Margin | -128% | ||||
| 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 Adj Utility Apps Private Limited, buy the company report.
Board of directors of Adj Utility Apps Private Limited
Adj Utility Apps has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanth Harindranath Sugavasi Also directs: KBFP Private Limited, Kbus Private Limited, Khatabook Finance Private Limited and 2 more | Director | 27 Mar 2025 | 1 Years 7 Months | Current |
| Ravish Naresh Also directs: KBFP Private Limited, Kbus Private Limited, Khatabook Finance Private Limited and 3 more | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
Charges & borrowings
Open charges
₹3.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2022 | 100628850 | Tata Capital Financial Services Limited | ₹3.99 Cr | Open |
To see the full charge records of Adj Utility Apps Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Adj Utility Apps Private Limited has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.01 Cr; the latest was in October 2021.
Total deals
6
Rights issues
3
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹2.01 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹350.62 Cr | Investors: Kyte Technologies Inc |
| Mar 2020 | Rights issue | ₹151.92 Cr | Investors: Kyte Technologies Inc |
| Nov 2019 | Rights issue | ₹76.38 Cr | Investors: Kyte Technologies Inc |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Kyte Technologies Inc Seller: 4 individuals |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Adj Utility Apps Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adj Utility Apps Private Limited has 3,485 court cases on record: 3,481 filed by Adj Utility Apps, 4 filed against it. 1,779 cases are pending and 1,706 are disposed.
Total cases
3,485
Filed by the company
3,481
Filed against the company
4
Pending
1,779
Disposed
1,706
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3,478 | 2 | 1,775 |
| High courts | 7 | 2 | 4 |
Cases on record (5 of 3,485)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Cashfree Payments India Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Rahsou Simple Viral Games Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Simply Vyapar Apps Pvt. Ltd. | Pending |
| High Court of Punjab and Haryana | Court case (FAO-COM) | Filed against the company by Growthpond Technology Pvt Ltd and Anr | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against Nox Technologies | Pending |
To see the full case history of Adj Utility Apps Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Adj Utility Apps Private Limited has 13 MSME Form 1 returns on record between 2020 and 2024, listing 79 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hyperverge Technologies Private Limited | |||
| Fcoos Technologies Private Limited | |||
| Printo Document Services Private Limited | |||
| Exotel Techcom Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Adj Utility Apps Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Adj Utility Apps has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA8770K1ZX | Maharashtra | Active | 28 Feb 2019 |
| 29AAPCA8770K1ZT | Karnataka | Active | 10 Jul 2019 |
| 29AAPCA8770K1C4 | Karnataka | Active | 16 Jul 2021 |
| 27AAPCA8770K1C8 | Maharashtra | Active | 05 Oct 2021 |
To see the full GST registrations and return filing status of Adj Utility Apps Private Limited, buy the company report.
Recent activity
Adj Utility Apps Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Jayanth Harindranath Sugavasi ceased to be Additional Director on 14 Jul 2025.
AGM
Adj Utility Apps Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Jayanth Harindranath Sugavasi ceased to be Additional Director.
Appointed
Jayanth Harindranath Sugavasi was appointed as Director.
Filing
Adj Utility Apps Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Ved Prakash Yadav ceased to be Director.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 3.99 Cr registered on 22 Sep 2022 with Charge ID 100628850 was modified on 21 Dec 2022.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 3.99 Cr with Charge ID 100628850 was registered on 22 Sep 2022.
Ceased
Virender Singh Kainth ceased to be Director.
Ceased
Rishabh Gupta ceased to be Additional Director.
Ceased
Bhavika Siddharth Shah ceased to be Director.
Ceased
Dhanesh Kumar ceased to be Director.
Ceased
Jaideep Poonia ceased to be Director.
2 earlier events are in the company report.
News
Frequently asked questions
Adj Utility Apps is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 August 2017 (9+ years old) and is registered under CIN U66220TN2017PTC184864.
Adj Utility Apps has 2 current directors:
- Jayanth Harindranath Sugavasi - Director
- Ravish Naresh - Director
The latest financial statements of Adj Utility Apps on record with the MCA are for the year ended 31 March 2024. 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 Adj Utility Apps is 27AAPCA8770K1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAPCA8770K1ZT (Karnataka), 29AAPCA8770K1C4 (Karnataka), 27AAPCA8770K1C8 (Maharashtra).
The CIN (Corporate Identification Number) of Adj Utility Apps is U66220TN2017PTC184864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adj Utility Apps has 3,485 court cases on record: 3,481 filed by the company and 4 filed against it. 1,779 are pending. Most are in the district courts.
Adj Utility Apps was incorporated on 01 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Adj Utility Apps has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.01 Cr; the latest was in October 2021.
Jayanth Harindranath Sugavasi ceased to be Additional Director on 14 Jul 2025. Jayanth Harindranath Sugavasi was appointed as Director on 27 Mar 2025. Ved Prakash Yadav ceased to be Director on 20 Jun 2023. Adj Utility Apps has 9 board changes on record in total.
Yes, Adj Utility Apps is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Adj Utility Apps has 13 MSME Form 1 returns on record between 2020 and 2024, listing 79 overdue payments to 21 micro and small suppliers. The latest return was filed on 25 Apr 2024.