- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-03-0131318

About Backbone Financial Services Private Limited
Data last updated:
Backbone Financial Services Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 May 2022.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U67110TZ2022PTC038951. Its GSTIN is 33AAKCB7686G1ZC (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramasamy Annapoorani and Venugopal Manikandan.
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 No 3 Arokiya Swamy Road(East) Rs Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.41 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹10.18 Lakh (net margin 1.2%) and EBITDA of ₹25.02 Lakh (EBITDA margin 3%).
The company has about 25 employees on its provident fund (EPFO) records.
Backbone Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0131318). For more details, the company can be reached via its website backbonefinserv.com.
Recognitions & Rankings of Backbone Financial Services
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 3 Arokiya Swamy Road(East) Rs Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryFinancial Services, Diversified Financial 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
- One PDF report, delivered after checkout
Business Activity of Backbone Financial Services Private Limited
The main business activity of Backbone Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Backbone Financial Services Private Limited FY 2024 filings available
Backbone Financial Services Private Limited reported revenue of ₹8.41 Cr (up 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Backbone Financial Services Private Limited
Revenue rose 60% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Backbone Financial Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹25.02 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹10.18 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 of Backbone Financial Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3% | •••• |
| Net Profit Margin | 1.2% | •••• |
| 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 Backbone Financial Services are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Backbone Financial Services Private Limited
Backbone Financial Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasamy Annapoorani Also directs: Backbone Chit Funds Private Limited | Director | 20 May 2022 | 4 Years 5 Months | Current |
| Venugopal Manikandan Also directs: Backbone Chit Funds Private Limited | Director | 20 May 2022 | 4 Years 5 Months | Current |
Peer Comparison of Backbone Financial Services Private Limited
Backbone Financial Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mogra Investments Private Limited | ₹8.44 Cr (FY 2023) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| U V Ventures Private Limited | ₹8.44 Cr (FY 2025) | •••• | •••• | 1137.0% | •••• | Kolkata, West Bengal, India |
| Vinod Kothari Consultants Pvt. Ltd. | ₹8.42 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Kolkata, West Bengal, India |
| Ekvity Ventures LLP | ₹8.42 Cr (FY 2021) | •••• | •••• | -61.0% | •••• | Mumbai, Maharashtra, India |
| Pure Consultancy Solution Private Limited | ₹8.41 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bhopal, Madhya Pradesh, India |
| Backbone Financial Services Private Limited this company | ₹8.41 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ngage Impex Private Limited | ₹8.4 Cr (FY 2024) | •••• | •••• | 287.0% | •••• | Kolkata, West Bengal, India |
| Hariyana Ship-Breakers Limited Listed | ₹8.4 Cr (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Paschim Chemicals Private Limited | ₹8.39 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Arunlal Hotels and Investments Private Limited | ₹8.39 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Navi Mumbai, Maharashtra, India |
| Aneja Assurance Private Limited | ₹8.37 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Backbone Financial Services by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Backbone Financial Services Private Limited
Backbone Financial Services Private Limited is audited by RRVA &CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RRVA &CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Backbone Financial Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Backbone Financial Services Private Limited
Backbone Financial Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Backbone Financial Services Private Limited
Employment history and EPFO contributions of people linked to Backbone Financial Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Backbone Financial Services Private Limited
Backbone Financial Services Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ramasamy Annapoorani was appointed as Director on 20 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Backbone Financial Services 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
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Backbone Financial Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Backbone Financial Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Backbone Financial Services Private Limited
Backbone Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCB7686G1ZC | Tamil Nadu | Active | 28 Jun 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Backbone Financial Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Backbone Financial Services Private Limited
Backbone Financial Services is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 May 2022 (4+ years old) and is registered under CIN U67110TZ2022PTC038951.
Backbone Financial Services reported revenue of ₹8.41 Cr for FY 2024 (up 60% YoY).
Backbone Financial Services has 2 current directors:
- Ramasamy Annapoorani - Director
- Venugopal Manikandan - Director
Backbone Financial Services reported a net profit of ₹10.18 Lakh (net margin 1.2%) and EBITDA of ₹25.02 Lakh (EBITDA margin 3%) for FY 2024, as per its filed financial statements.
The GSTIN of Backbone Financial Services is 33AAKCB7686G1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Backbone Financial Services is U67110TZ2022PTC038951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Backbone Financial Services was incorporated on 20 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Backbone Financial Services by revenue are Mogra Investments Private Limited, U V Ventures Private Limited, Vinod Kothari Consultants Pvt. Ltd, Ekvity Ventures LLP, Pure Consultancy Solution Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ramasamy Annapoorani was appointed as Director on 20 May 2022. Venugopal Manikandan was appointed as Director on 20 May 2022.
Yes, Backbone Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0131318).
Backbone Financial Services can be reached through the website backbonefinserv.com. Its registered office is in Coimbatore, Tamil Nadu, India.