Altersoft Innovations India Private Limited

Altersoft Innovations India Private Limited - business outsourcing in Aluva, Kerala, India. FY 2026 financials & compliance.
CIN U72200KL2012PTC032038 Incorporated 03 September 2012 ROC Ernakulam HQ Aluva, Kerala, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2025
₹1.1 Cr
▼ 34% YoY
Net profit · FY 2025
₹3.9 Lakh
Net margin 3.6%
EBITDA · FY 2025
₹7.38 Lakh
EBITDA margin 6.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹33.38 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
3
Provident fund records
Directors on board
5
As per MCA filings

About Altersoft Innovations India Private Limited

Data last updated:

Altersoft Innovations India Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 September 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2012PTC032038. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.38 Lakh. It is led by directors including Stanly Chirayath George (Managing Director) and Sudheer Puthucheri Koroth.

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 Aluva, Kerala.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Lakh (net margin 3.6%) and EBITDA of ₹7.38 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 26% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: IP Toilet. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 4 cases are pending.

Altersoft Innovations India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0009963). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altersoftinnovationsindia.in.

Company details

CIN U72200KL2012PTC032038
Registration Number 032038
Incorporation Date 03 September 2012
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0009963

Recognitions & Rankings of Altersoft Innovations India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-02-0009963

Contact details

Altersoft Innovations India Private Limited's registered office is in Aluva, Kerala. Its website is altersoftinnovationsindia.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    163/2 1st Floor Menacherry Tower, Pravoor Kavala, Aluva, Kerala, India – 683108
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Altersoft Innovations India Private Limited, buy the company report.

Comprehensive company report
Altersoft Innovations India 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

Altersoft Innovations India operates one associated brand: IP Toilet. Each brand links to its own profile.

BrandDescriptionWebsite
Offers smart modular public toilets for efficient sanitation solutions.iptoilet.com

Business activity

The main business activity of Altersoft Innovations India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Altersoft Innovations India Private Limited, buy the company report.

Financials of Altersoft Innovations India Private Limited

FY 2024 filings available

Altersoft Innovations India Private Limited reported revenue of ₹1.1 Cr (down 34% YoY) for FY 2025.

Revenue · FY 2025
₹1.1 Cr ▼ 34%
Net profit · FY 2025
₹3.9 Lakh margin 3.6%
EBITDA · FY 2025
₹7.38 Lakh margin 6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 32%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 35%
5 years · compounded
▼ 6%

Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 34% fall in the latest year. EBITDA fell 17% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹7.38 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.9 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.7%
Net Profit Margin3.6%
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 Altersoft Innovations India Private Limited, buy the company report.

Board of directors of Altersoft Innovations India Private Limited

Altersoft Innovations India has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudheer Puthucheri KorothDirector01 Mar 20233 Years 7 MonthsCurrent
MohammedrahmathullaAdditional Director28 May 201610 Years 4 MonthsCurrent
Antony Vatheriparambil GeorgeDirector07 Sep 20206 Years 1 MonthsCurrent
Sahadevamenon VijayakumaramenonAdditional Director15 Jul 20188 Years 3 MonthsCurrent
Stanly Chirayath GeorgeManaging Director03 Sep 201214 Years 1 MonthsCurrent

Auditor

Altersoft Innovations India Private Limited is audited by PARAPARAMBATHBALAKRISHNAN NAIRRAMACHANDRAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PARAPARAMBATHBALAKRISHNAN NAIRRAMACHANDRANFY 2023212600

Shareholding

The shareholding of Altersoft Innovations India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Altersoft Innovations India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Altersoft Innovations India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Altersoft Innovations India Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1

GST

Altersoft Innovations India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Altersoft Innovations India Private Limited, buy the company report.

Recent activity

Altersoft Innovations India Private Limited has 11 board changes on record since 2012: 5 appointments and 6 cessations. The latest: Sudheer Puthucheri Koroth ceased to be Additional Director on 29 Sep 2023.

AGM
Altersoft Innovations India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Altersoft Innovations India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Sudheer Puthucheri Koroth ceased to be Additional Director.
Appointed
Sudheer Puthucheri Koroth was appointed as Director.
Appointed
Antony Vatheriparambil George was appointed as Director.
Ceased
Sahadevamenon Vijayakumaramenon ceased to be Additional Director.
Appointed
Sahadevamenon Vijayakumaramenon was appointed as Additional Director.
Ceased
Pauly Ainikkal Devassy ceased to be Additional Director.
Ceased
Stanly Chirayath George ceased to be Director.
Ceased
Mohammedrahmathulla ceased to be Additional Director.
Ceased
Mohan Kumar ceased to be Director.
Appointed
Mohammedrahmathulla was appointed as Additional Director.

2 earlier events are in the company report.

Frequently asked questions

Altersoft Innovations India is an active private limited company based in Aluva, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 September 2012 (14+ years old) and is registered under CIN U72200KL2012PTC032038.

Altersoft Innovations India has 5 current directors:

The latest financial statements of Altersoft Innovations India 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 2015 are in the company report.

No. Altersoft Innovations India has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Altersoft Innovations India is U72200KL2012PTC032038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Altersoft Innovations India has 9 court cases on record: 6 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.

Altersoft Innovations India was incorporated on 03 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.

Sudheer Puthucheri Koroth ceased to be Additional Director on 29 Sep 2023. Sudheer Puthucheri Koroth was appointed as Director on 01 Mar 2023. Antony Vatheriparambil George was appointed as Director on 07 Sep 2020. Altersoft Innovations India has 11 board changes on record in total.

Yes, Altersoft Innovations India is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0009963).

Altersoft Innovations India can be reached through the website altersoftinnovationsindia.in. Its registered office is in Aluva, Kerala, India.