About Favworks Technologies Private Limited
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Favworks Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC124071. Its GSTIN is 29AADCF7267N1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amarnath Raghunath Shetty and Sahana Shetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.102 8th Main H M T Layout R.T Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.12 Lakh (net margin 31.5%) and EBITDA of ₹8.32 Lakh (EBITDA margin 32.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
The company is associated with 1 brand: Favworks.
For more details, the company can be reached via its website favworks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.102 8th Main H M T Layout R.T Nagar, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Favworks Technologies Private Limited
The main business activity of Favworks 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 Favworks Technologies Private Limited FY 2025 filings available
Favworks Technologies Private Limited reported revenue of ₹25.78 Lakh (up 309% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Favworks Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 44% over three years, including 309% growth in the latest year. EBITDA rose 257% 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 of Favworks Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.12 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Favworks Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.5% | •••• | •••• | •••• | •••• |
| 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 Favworks Technologies are in the company report.
Financial statements from FY 2020
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 Favworks Technologies Private Limited
Favworks Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ruku Software Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Docmantra Private Limited | •••• | •••• | •••• | •••• | - | Nainital, Uttarakhand, India |
| Hyper Nest Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Dindigul, Tamil Nadu, India |
| Codecrew Infotech Private Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Dxsure Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Favworks Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Texspand Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Aagite Technologies Private Limited | •••• | •••• | •••• | •••• | - | Sola, Gujarat, India |
| Aryashree Electricals and Engineering Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Twowebros Technologies Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Quantumcube Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Favworks Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Favworks Technologies Private Limited
Favworks Technologies Private Limited is audited by K K SARDA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K K SARDA & ASSOCIATES | 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.
Board of Directors of Favworks Technologies Private Limited
Favworks Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarnath Raghunath Shetty Also directs: Delihurry Essentials Private Limited | Director | 06 May 2019 | 7 Years 5 Months | Current |
| Sahana Shetty | Director | 06 May 2019 | 7 Years 5 Months | Current |
| Yentrapati Archana Also directs: Honeysys Private Limited, Honebi Commerce Private Limited | Director | 09 Sep 2022 | 4 Years 0 Months | Current |
Ownership and Shareholding of Favworks Technologies 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 Favworks Technologies Private Limited
Favworks Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Favworks Technologies Private Limited
Favworks Technologies operates one associated brand: Favworks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software, web, e-commerce development, and ERP solutions. | favworks.com |
Employees and EPFO Compliance at Favworks Technologies Private Limited
Employment history and EPFO contributions of people linked to Favworks 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 Favworks Technologies Private Limited
Favworks Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Yentrapati Archana was appointed as Director on 09 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Favworks Technologies 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 Favworks Technologies 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 Favworks Technologies 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 Favworks Technologies Private Limited
Favworks Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF7267N1ZW | Karnataka | Active | 27 Jun 2019 |
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 Favworks Technologies 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 Favworks Technologies Private Limited
Favworks Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124071.
Favworks Technologies reported revenue of ₹25.78 Lakh for FY 2024 (up 309% YoY).
Favworks Technologies has 3 current directors:
- Amarnath Raghunath Shetty - Director
- Sahana Shetty - Director
- Yentrapati Archana - Director
Favworks Technologies reported a net profit of ₹8.12 Lakh (net margin 31.5%) and EBITDA of ₹8.32 Lakh (EBITDA margin 32.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Favworks Technologies is 44% over three years. In the latest year (FY 2024) revenue rose 309%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Favworks Technologies is 29AADCF7267N1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Favworks Technologies is U72900KA2019PTC124071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Favworks Technologies was incorporated on 06 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Favworks Technologies by revenue are Ruku Software Private Limited, Docmantra Private Limited, Hyper Nest Technologies (OPC) Private Limited, Codecrew Infotech Private Limited, Dxsure Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Yentrapati Archana was appointed as Director on 09 Sep 2022. Amarnath Raghunath Shetty was appointed as Director on 06 May 2019. Sahana Shetty was appointed as Director on 06 May 2019.
Favworks Technologies can be reached through the website favworks.com. Its registered office is in Bangalore, Karnataka, India.