Fine IT Solutions (India) Private Limited

Fine IT Solutions (India) Private Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2009PTC133399 Incorporated 21 January 2009 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company healthcare MSME · Micro
Data last updated
Revenue · FY 2023
₹1.36 Cr
▼ 17% YoY
Net loss · FY 2023
₹7.33 Lakh
Net margin -5.4%
EBITDA · FY 2023
-₹4.8 Lakh
EBITDA margin -3.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹9.8 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Fine IT Solutions (India) Private Limited

Data last updated:

Fine IT Solutions (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 21 January 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2009PTC133399. Its GSTIN is 27AABCF3276D1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors Shardul Yashwant Kulkarni and Yashvant Vasudeo Kulkarni.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 102 A Wing Reya Apartment S. No 120 A 120 B Mauje Parvati, Pune, Maharashtra, India – 411051.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.36 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹7.33 Lakh (net margin -5.4%) and EBITDA of -₹4.8 Lakh (EBITDA margin -3.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.

The company is associated with 1 brand: FINE IT Solutions. As per MCA filings, the company has open charges of ₹15 Lakh on record.

Fine IT Solutions (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0150139). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fineitsolutions.com.

Company details

CIN U72900PN2009PTC133399
Registration Number 133399
Incorporation Date 21 January 2009
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0150139

Recognitions & Rankings of Fine IT Solutions (India)

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0150139

Contact details

Fine IT Solutions (India) Private Limited's registered office is in Pune, Maharashtra. Its website is fineitsolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. 102 A Wing Reya Apartment S. No 120 A 120 B Mauje Parvati, Pune, Maharashtra, India – 411051
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Fine IT Solutions (India) Private Limited, buy the company report.

Comprehensive company report
Fine IT Solutions (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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Secure checkout · GST invoice included

Brands

Fine IT Solutions (India) operates one associated brand: FINE IT Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Machine vision solutions for manufacturing and quality control in various industries.fineitsolutions.com

Business activity

The main business activities of Fine IT Solutions (India) are manufacturing and information and communication. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Fine IT Solutions (India) Private Limited, buy the company report.

Financials of Fine IT Solutions (India) Private Limited

FY 2023 filings available

Fine IT Solutions (India) Private Limited reported revenue of ₹1.36 Cr (down 17% YoY) for FY 2023.

Revenue · FY 2023
₹1.36 Cr ▼ 17%
Net loss · FY 2023
₹7.33 Lakh margin -5.4%
EBITDA · FY 2023
-₹4.8 Lakh margin -3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 1%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 149%
3 years · compounded
▼ 30%
5 years · compounded
▼ 32%

Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 149% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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-₹4.8 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.33 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-3.5%
Net Profit Margin-5.4%
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 Fine IT Solutions (India) Private Limited, buy the company report.

Board of directors of Fine IT Solutions (India) Private Limited

Fine IT Solutions (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shardul Yashwant KulkarniDirector21 Jan 200917 Years 9 MonthsCurrent
Yashvant Vasudeo KulkarniDirector31 Mar 20233 Years 6 MonthsCurrent

Auditor

Fine IT Solutions (India) Private Limited is audited by SARANG JOSHI & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SARANG JOSHI & COFY 2019122941W

Shareholding

The shareholding of Fine IT Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fine IT Solutions (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Sep 2020100373058Hdfc Bank Limited₹15 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Fine IT Solutions (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCF3276D1ZUMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Fine IT Solutions (India) Private Limited, buy the company report.

Recent activity

Fine IT Solutions (India) Private Limited has 10 board changes on record since 2009: 6 appointments and 4 cessations. The latest: Kedar Shankar Joshi ceased to be Director on 31 Mar 2023.

AGM
Fine It Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Fine It Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Kedar Shankar Joshi ceased to be Director.
Ceased
Laxman Narayan Patwardhan ceased to be Director.
Ceased
Uttara Rahul Deshpande ceased to be Director.
Appointed
Yashvant Vasudeo Kulkarni was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100373058 was registered on 17 Sep 2020.
Ceased
Aparna Kedar Joshi ceased to be Director.
Appointed
Kedar Shankar Joshi was appointed as Director.
Appointed
Aparna Kedar Joshi was appointed as Director.
Appointed
Laxman Narayan Patwardhan was appointed as Director.
Appointed
Shardul Yashwant Kulkarni was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Fine IT Solutions (India) is an active private limited company based in Pune, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 21 January 2009 (17+ years old) and is registered under CIN U72900PN2009PTC133399.

Fine IT Solutions (India) has 2 current directors:

The latest financial statements of Fine IT Solutions (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Fine IT Solutions (India) is 27AABCF3276D1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Fine IT Solutions (India) is U72900PN2009PTC133399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fine IT Solutions (India) was incorporated on 21 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.

Kedar Shankar Joshi ceased to be Director on 31 Mar 2023. Laxman Narayan Patwardhan ceased to be Director on 31 Mar 2023. Uttara Rahul Deshpande ceased to be Director on 31 Mar 2023. Fine IT Solutions (India) has 10 board changes on record in total.

Yes, Fine IT Solutions (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0150139).

Fine IT Solutions (India) can be reached through the website fineitsolutions.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Fine IT Solutions (India) is at Flat No. 102 A Wing Reya Apartment S. No 120 A 120 B Mauje Parvati, Pune, Maharashtra, India – 411051.