About Favsys Technologies (OPC) Private Limited
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Favsys Technologies (OPC) Private Limited is a one person company based in Allahabad, Uttar Pradesh, 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 11 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2017OPC096838. Its GSTIN is 09AADCF1971B1ZW (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Digvijay Mishra.
Its latest financial statements are for the year ended 31 March 2023. The registered office is at 1048/706, Allahabad, Uttar Pradesh, India – 211006.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.78 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹18,871 (net margin 10.6%) and EBITDA of ₹79,413 (EBITDA margin 44.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 31% over five years.
The company is associated with 1 brand: Favsys.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website favsys.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1048/706, Allahabad, Uttar Pradesh, India – 211006
- IndustryInformation Technology, Other Computer Related Activities
- 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 Favsys Technologies (OPC) Private Limited
The main business activity of Favsys Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Favsys Technologies (OPC) Private Limited FY 2023 filings available
Favsys Technologies (OPC) Private Limited reported revenue of ₹1.78 Lakh (down 36% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Favsys Technologies (OPC) Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. 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 of Favsys Technologies (OPC) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹79,413 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18,871 | •••• | •••• | •••• | •••• |
| 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 Favsys Technologies (OPC) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Favsys Technologies are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Favsys Technologies (OPC) Private Limited
Favsys Technologies (OPC) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medmount Solutions Private Limited | ₹1.79 Lakh (FY 2025) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| 50 Inches Advertising Private Limited | ₹1.79 Lakh (FY 2023) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Indemand Infotech Private Limited | ₹1.79 Lakh (FY 2021) | •••• | •••• | 37.0% | •••• | Chennai, Tamil Nadu, India |
| Digividyapeeth Learning Private Limited | ₹1.79 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Techwinners Infosystem Private Limited | ₹1.79 Lakh (FY 2022) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Favsys Technologies (OPC) Private Limited this company | ₹1.78 Lakh (FY 2023) | •••• | •••• | -36.0% | •••• | Allahabad, Uttar Pradesh, India |
| Cobi Systems Private Limited | ₹1.78 Lakh (FY 2018) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Ranpariya Consultancy Private Limited | ₹1.78 Lakh (FY 2022) | •••• | •••• | -88.0% | •••• | Ahmedabad, Gujarat, India |
| Airwe Connects Private Limited | ₹1.78 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Hanmakonda, Telangana, India |
| Tech Sol Technologies Private Limited | ₹1.78 Lakh (FY 2017) | •••• | •••• | •••• | Vellore, Tamil Nadu, India | |
| Drida Infotech Private Limited | ₹1.78 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Favsys Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Favsys Technologies (OPC) Private Limited
Favsys Technologies has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Digvijay Mishra | Director | 11 Sep 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Favsys Technologies (OPC) 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 Favsys Technologies (OPC) Private Limited
Favsys Technologies (OPC) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Favsys Technologies (OPC) Private Limited
Favsys Technologies operates one associated brand: Favsys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and digital marketing services to enhance business strategies. | favsys.co.in |
Employees and EPFO Compliance at Favsys Technologies (OPC) Private Limited
Employment history and EPFO contributions of people linked to Favsys Technologies.
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 Favsys Technologies (OPC) Private Limited
Favsys Technologies (OPC) Private Limited has 1 board change on record since 2017: 1 appointment. The latest: Digvijay Mishra was appointed as Director on 11 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Favsys Technologies (OPC) 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 Favsys Technologies (OPC) 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 Favsys Technologies (OPC) 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 Favsys Technologies (OPC) Private Limited
Favsys Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCF1971B1ZW | Uttar Pradesh | Active | 25 Oct 2017 |
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 Favsys Technologies (OPC) 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 Favsys Technologies (OPC) Private Limited
Favsys Technologies is an active company based in Allahabad, Uttar Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 11 September 2017 (9+ years old) and is registered under CIN U72900UP2017OPC096838.
Favsys Technologies reported revenue of ₹1.78 Lakh for FY 2023 (down 36% YoY).
Favsys Technologies has 1 current director:
- Digvijay Mishra - Director
Favsys Technologies reported a net profit of ₹18,871 (net margin 10.6%) and EBITDA of ₹79,413 (EBITDA margin 44.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Favsys Technologies is -22% over three years and 31% over five years. In the latest year (FY 2023) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Favsys Technologies is 09AADCF1971B1ZW, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Favsys Technologies is U72900UP2017OPC096838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Favsys Technologies was incorporated on 11 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Favsys Technologies by revenue are Medmount Solutions Private Limited, 50 Inches Advertising Private Limited, Indemand Infotech Private Limited, Digividyapeeth Learning Private Limited, Techwinners Infosystem Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Digvijay Mishra was appointed as Director on 11 Sep 2017.
Yes, Favsys Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).