About Alt Material Innovations Private Limited
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Alt Material Innovations Private Limited is a private limited company based in Bangalore South, Karnataka, India. It was incorporated on 20 April 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32909KA2023PTC172575.
The company has an authorised share capital of ₹10.4 Lakh and a paid-up capital of ₹1.39 Lakh. It is led by directors Apoorv Garg and Yugal Raj Jain.
Its last annual general meeting (AGM) was held on 15 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.12 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net loss of ₹6.13 Cr (net margin -288.7%) and EBITDA of -₹5.93 Cr (EBITDA margin -279.4%).
The company is associated with 1 brand: altM.
For more details, the company can be reached via its website altm.bio.
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- Registered AddressPlot No. 35 Electronic City Phase 2 Industrial Area, Konappana Agrahara Village, Bangalore South, Karnataka, India – 560100
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Competitors & Alternatives of Alt Material Innovations Private Limited
Brands and companies operating in the same space as Alt Material Innovations Private Limited include Checkerspot, Bloom Biorenewables, Industrial Microbes and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Checkerspot | High-performance materials are developed using synthetic biology for diverse applications. | Oakland, United States | 2016 |
 Bloom Biorenewables | Sustainable biopolymers are developed from biomass for industrial uses. | Fribourg, Switzerland | 2017 |
 Industrial Microbes | Developer of fermentation technology to convert methane and carbon dioxide into useful chemicals | Emeryville, United States | 2014 |
 Bcomp | Sustainable biomaterials for lightweighting in automotive and aerospace are provided. | Fribourg, Switzerland | 2003 |
 planetary | Bio-processing, downstream, and formulation services are provided for food manufacturing. | Geneva, Switzerland | 2022 |
 Immaterial | Nanoscale metal-organic frameworks are manufactured for advanced applications. | Cambridge, United Kingdom | 2015 |
 Fermbox | Alternative animal products are developed via microbial precision fermentation. | Bengaluru, India | 2022 |
 4D Medicine | Company specializes in research, development, and commercialization of transformative gene therapeutic products for serious medical conditions | Birmingham, United Kingdom | 2018 |
Board of Directors of Alt Material Innovations Private Limited
Alt Material Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apoorv Garg | Director | 20 Apr 2023 | 3 Years 5 Months | Current |
| Yugal Raj Jain | Director | 20 Apr 2023 | 3 Years 5 Months | Current |
Financials of Alt Material Innovations Private Limited FY 2025 filings available
Alt Material Innovations Private Limited reported revenue of ₹2.12 Cr (up 146% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Alt Material Innovations Private Limited
Revenue rose 146% in the latest year. EBITDA fell 181% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Alt Material Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹5.93 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹6.13 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 of Alt Material Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -279.4% | •••• |
| Net Profit Margin | -288.7% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Alt Material Innovations are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Charges & Borrowings of Alt Material Innovations Private Limited
Alt Material Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Alt Material Innovations Private Limited
Employment history and EPFO contributions of people linked to Alt Material Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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GST Compliance of Alt Material Innovations Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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Credit Ratings, Litigation & Regulatory Alerts for Alt Material Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Alt Material Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Alt Material Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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MCA Filings & Documents of Alt Material Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Alt Material Innovations Private Limited
Recent News on Alt Material Innovations Private Limited
Frequently Asked Questions about Alt Material Innovations Private Limited
Alt Material Innovations is an active private limited company based in Bangalore South, Karnataka, India. It was incorporated on 20 April 2023 (3+ years old) and is registered under CIN U32909KA2023PTC172575.
Alt Material Innovations reported revenue of ₹2.12 Cr for FY 2025 (up 146% YoY).
Alt Material Innovations has 2 current directors:
- Apoorv Garg - Director
- Yugal Raj Jain - Director
Alt Material Innovations reported a net loss of ₹6.13 Cr (net margin -288.7%) and EBITDA of -₹5.93 Cr (EBITDA margin -279.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Alt Material Innovations is U32909KA2023PTC172575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alt Material Innovations was incorporated on 20 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Alt Material Innovations can be reached through the website altm.bio. Its registered office is in Bangalore South, Karnataka, India.
The registered office of Alt Material Innovations is at Plot No. 35 Electronic City Phase 2 Industrial Area, Konappana Agrahara Village, Bangalore South, Karnataka, India – 560100.
Alt Material Innovations has an authorised share capital of ₹10.4 Lakh and a paid-up capital of ₹1.39 Lakh.