Finnova Infotech Private Limited

Finnova Infotech Private Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2013PTC148157 Incorporated 18 July 2013 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2022
₹1.81 Lakh
▼ 69% YoY
Net loss · FY 2022
₹94,442
Net margin -52.2%
EBITDA · FY 2022
-₹59,243
EBITDA margin -32.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Finnova Infotech Private Limited

Data last updated:

Finnova Infotech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 18 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013PTC148157. Its GSTIN is 27AACCF2513J1ZU (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anil Agarwal Kumar and Ritu Agarwal.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No.1004 Building A Acolade B.U.Bhandari Landmarks Kharadi, Pune, Maharashtra, India – 411014.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.81 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹94,442 (net margin -52.2%) and EBITDA of -₹59,243 (EBITDA margin -32.8%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 26% over five years.

Court records list 1 case involving the company, including 1 filed by the company.

Finnova Infotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0116132). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finnovaadvisory.com.

Company details

CIN U72900PN2013PTC148157
Registration Number 148157
Incorporation Date 18 July 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0116132
Key People
Anil Agarwal Kumar Director Ritu Agarwal Director

Recognitions & Rankings of Finnova Infotech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-26-0116132

Contact details

Finnova Infotech Private Limited's registered office is in Pune, Maharashtra. Its website is finnovaadvisory.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    finnovaadvisory.com
  • Registered Address
    Flat No.1004 Building A Acolade B.U.Bhandari Landmarks Kharadi, Pune, Maharashtra, India – 411014
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Finnova Infotech Private Limited, buy the company report.

Comprehensive company report
Finnova Infotech 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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Business activity

The main business activity of Finnova Infotech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Finnova Infotech Private Limited, buy the company report.

Financials of Finnova Infotech Private Limited

FY 2022 filings available

Finnova Infotech Private Limited reported revenue of ₹1.81 Lakh (down 69% YoY) for FY 2022.

Revenue · FY 2022
₹1.81 Lakh ▼ 69%
Net loss · FY 2022
₹94,442 margin -52.2%
EBITDA · FY 2022
-₹59,243 margin -32.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 88%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▼ 26%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 69% fall in the latest year. EBITDA rose 59% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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-₹59,243
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹94,442
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-32.8%
Net Profit Margin-52.2%
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

To see the full financial statements and ratios of Finnova Infotech Private Limited, buy the company report.

Board of directors of Finnova Infotech Private Limited

Finnova Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Agarwal Kumar
Also directs: M K R S & Associates LLP, Finnova Advisory Services Private Limited
Director18 Jul 201313 Years 3 MonthsCurrent
Ritu Agarwal
Also directs: Finnova Advisory Services Private Limited
Director05 Aug 201511 Years 2 MonthsCurrent
View all directors

Auditor

Finnova Infotech Private Limited is audited by RAKESH RAM & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
RAKESH RAM & ASSOCIATESFY 2019325145E

Shareholding

The shareholding of Finnova Infotech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Finnova Infotech Private Limited, buy the company report.

MSME payment delays

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

GST

Finnova Infotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCF2513J1ZUMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Finnova Infotech Private Limited, buy the company report.

Recent activity

Finnova Infotech Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Gopal Krishan Agarwal ceased to be Director on 19 Sep 2018.

AGM
Finnova Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Finnova Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Ceased
Gopal Krishan Agarwal ceased to be Director.
Ceased
Ritu Agarwal ceased to be Additional Director.
Appointed
Ritu Agarwal was appointed as Director.
Appointed
Anil Agarwal Kumar was appointed as Director.
Incorporation
18 Jul 2013
Finnova Infotech Private Limited was registered on 18 Jul 2013 with Roc Pune & aged 13 years 3 months as per MCA records.

Frequently asked questions

Finnova Infotech is an active private limited company based in Pune, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 18 July 2013 (13+ years old) and is registered under CIN U72900PN2013PTC148157.

Finnova Infotech has 2 current directors:

The latest financial statements of Finnova Infotech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Finnova Infotech is 27AACCF2513J1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Finnova Infotech is U72900PN2013PTC148157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Finnova Infotech has 1 court case on record: 1 filed by the company.

Finnova Infotech was incorporated on 18 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.

Gopal Krishan Agarwal ceased to be Director on 19 Sep 2018. Ritu Agarwal ceased to be Additional Director on 30 Sep 2015. Ritu Agarwal was appointed as Director on 05 Aug 2015. Finnova Infotech has 4 board changes on record in total.

Yes, Finnova Infotech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0116132).

Finnova Infotech can be reached through the website finnovaadvisory.com. Its registered office is in Pune, Maharashtra, India.