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Ai-Fynext Innovations Private Limited - information technology in Karivedakam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.24 Lakh
▲ 115% YoY
Net loss · FY 2024
₹18.13 Lakh
Net margin -111.7%
EBITDA · FY 2024
-₹17.98 Lakh
EBITDA margin -110.8%
Authorised capital
₹10 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
GST registrations
1
None active
About Ai-Fynext Innovations Private Limited
Data last updated:
Ai-Fynext Innovations Private Limited is a private limited company based in Karivedakam, Kerala, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC057907. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhilash Sathyan (Managing Director) and Jithu Joy.
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 XII 154 Anish Bhavan Mattappalliyil Puduppu Sankarampady, Karivedakam, Kerala, India – 671541.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.24 Lakh, a growth of 115% compared to the previous year. For the same year it recorded a net loss of ₹18.13 Lakh (net margin -111.7%) and EBITDA of -₹17.98 Lakh (EBITDA margin -110.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company is associated with 1 brand: Fynext Innovations.
For more details, the company can be reached via its website fynextinnovations.com.
Company details
CIN U72900KL2019PTC057907
Registration Number 057907
Incorporation Date 07 May 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ai-Fynext Innovations
Contact details
Ai-Fynext Innovations Private Limited's registered office is in Karivedakam, Kerala. Its website is fynextinnovations.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressXII 154 Anish Bhavan Mattappalliyil Puduppu Sankarampady, Karivedakam, Kerala, India – 671541
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Ai-Fynext Innovations Private Limited, buy the company report.
Comprehensive company report
Ai-Fynext 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
Ai-Fynext Innovations operates one associated brand: Fynext Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers mobile app, web development, IoT, design, and digital marketing services to businesses. | fynextinnovations.com |
Business activity
The main business activity of Ai-Fynext Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Ai-Fynext Innovations Private Limited, buy the company report.
Financials of Ai-Fynext Innovations Private Limited
FY 2024 filings availableAi-Fynext Innovations Private Limited reported revenue of ₹16.24 Lakh (up 115% YoY) for FY 2024.
Revenue · FY 2024
₹16.24 Lakh ▲ 115%
Net loss · FY 2024
₹18.13 Lakh margin -111.7%
EBITDA · FY 2024
-₹17.98 Lakh margin -110.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 141%
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 115% growth in the latest year. EBITDA fell 66% 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 | FY 2019-20 |
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| EBITDA | -₹17.98 Lakh | ||||
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| Net Profit (PAT) | -₹18.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -110.8% | ||||
| Net Profit Margin | -111.7% | ||||
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To see the full financial statements and ratios of Ai-Fynext Innovations Private Limited, buy the company report.
Board of directors of Ai-Fynext Innovations Private Limited
Ai-Fynext Innovations has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jithu Joy | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Shidhin Radha Krishnan | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Abhilash Sathyan | Managing Director | 07 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Ai-Fynext Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asdr Infotech Private Limited | ₹16.26 Lakh (FY 2025) | 204.0% | Pune, Maharashtra, India | |||
| Rockwell Softech Private Limited | ₹16.26 Lakh (FY 2024) | 310.0% | Panipat, Haryana, India | |||
| Webcoffee Innovations Private Limited | ₹16.24 Lakh (FY 2022) | 118.0% | Kannur, Kerala, India | |||
| Srichan Software Solutions Private Limited | ₹16.24 Lakh (FY 2016) | -6.0% | Karimnagar, Telangana, India | |||
| Leucine Medtech Private Limited | ₹16.24 Lakh (FY 2024) | -80.0% | Sri Ganganagar, Rajasthan, India | |||
| Ai-Fynext Innovations Private Limitedthis company | ₹16.24 Lakh (FY 2024) | -₹18.13 Lakh | -111.7% | 115.0% | Karivedakam, Kerala, India | |
| Aharnish Infotech Private Limited | ₹16.23 Lakh (FY 2025) | -27.0% | Bhopal, Madhya Pradesh, India | |||
| Pageant Technologies Private Limited | ₹16.22 Lakh (FY 2021) | -15.0% | Delhi, India | |||
| V3schalla Infotech Private Limited | ₹16.19 Lakh (FY 2023) | Visakhapatnam, Andhra Pradesh, India | ||||
| GXL Technologies Private Limited | ₹16.19 Lakh (FY 2025) | -42.0% | Chennai, Tamil Nadu, India | |||
| Integrity Title Abstrax Private Limited | ₹16.18 Lakh (FY 2025) | 111.0% | Karuvadikuppam, Puducherry, India |
To see the full peer comparison of Ai-Fynext Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ai-Fynext 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 Ai-Fynext Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ai-Fynext Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Ai-Fynext Innovations Private Limited, buy the company report.
Recent activity
Ai-Fynext Innovations Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Abhilash Sathyan was appointed as Managing Director on 07 May 2019.
AGM
Ai-Fynext Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ai-Fynext Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Abhilash Sathyan was appointed as Managing Director.
Appointed
Jithu Joy was appointed as Director.
Appointed
Shidhin Radha Krishnan was appointed as Director.
Incorporation
07 May 2019
Ai-Fynext Innovations Private Limited was registered on 07 May 2019 with Roc Ernakulam & aged 7 years 5 months as per MCA records.
Frequently asked questions
Ai-Fynext Innovations is an active private limited company based in Karivedakam, Kerala, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 May 2019 (7+ years old) and is registered under CIN U72900KL2019PTC057907.
Ai-Fynext Innovations has 3 current directors:
- Abhilash Sathyan - Managing Director
- Jithu Joy - Director
- Shidhin Radha Krishnan - Director
The latest financial statements of Ai-Fynext 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 2020 are in the company report.
No. Ai-Fynext Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ai-Fynext Innovations is U72900KL2019PTC057907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ai-Fynext Innovations was incorporated on 07 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ai-Fynext Innovations by revenue are Asdr Infotech Private Limited, Rockwell Softech Private Limited, Webcoffee Innovations Private Limited, Srichan Software Solutions Private Limited, Leucine Medtech Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Abhilash Sathyan was appointed as Managing Director on 07 May 2019. Jithu Joy was appointed as Director on 07 May 2019. Shidhin Radha Krishnan was appointed as Director on 07 May 2019.
Yes, Ai-Fynext Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ai-Fynext Innovations can be reached through the website fynextinnovations.com. Its registered office is in Karivedakam, Kerala, India.
The registered office of Ai-Fynext Innovations is at XII 154 Anish Bhavan Mattappalliyil Puduppu Sankarampady, Karivedakam, Kerala, India – 671541.