Finroot Innovations Private Limited
About Finroot Innovations Private Limited
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Finroot Innovations Private Limited is a private limited company based in Bangalore South, Karnataka, India. It was incorporated on 16 March 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U66220KA2023PTC172158.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Uma Parameswaran and Lakshmi Sthanu Moorthy.
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 Bangalore South, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.21 Lakh. For the same year it recorded a net loss of ₹4.89 Lakh (net margin -78.7%) and EBITDA of -₹6.34 Lakh (EBITDA margin -102%).
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- Registered AddressNo 1207/343 1207/1/343/1, 9th Main Road 7th Sector, Bangalore South, Karnataka, India – 560102
- 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 of Finroot Innovations Private Limited
The main business activity of Finroot Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Finroot Innovations Private Limited FY 2024 filings available
Finroot Innovations Private Limited reported revenue of ₹6.21 Lakh for FY 2024.
Financial Statement Summary of Finroot Innovations 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 | -₹6.34 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4.89 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 Finroot Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -102% | •••• |
| Net Profit Margin | -78.7% | •••• |
| 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 Finroot Innovations 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.
Peer Comparison of Finroot Innovations Private Limited
Finroot Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anv Infotech Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Biospace Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Xinfoz Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kollam, Kerala, India |
| Sepsu Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Phoenix Research and Consulting Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Finroot Innovations Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Whitesign Systems Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| SDL Info India (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Pibytes Technologies Private Limited | •••• | •••• | •••• | •••• | - | Udumbanchola, Kerala, India |
| Kowni Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| NPR Supporting Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Finroot Innovations by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Finroot Innovations Private Limited
Finroot Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Parameswaran Also directs: Liorta Innovations Private Limited | Director | 16 Mar 2023 | 3 Years 6 Months | Current |
| Lakshmi Sthanu Moorthy Also directs: Pirg Asset Xix LLP | Director | 16 Mar 2023 | 3 Years 6 Months | Current |
Charges & Borrowings of Finroot Innovations Private Limited
Finroot Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finroot Innovations Private Limited
Employment history and EPFO contributions of people linked to Finroot Innovations.
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.
CIN History of Finroot Innovations Private Limited
Finroot Innovations has one previous CIN (Corporate Identification Number): U62020KA2023PTC172158. The current CIN is U66220KA2023PTC172158, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66220KA2023PTC172158 | Current |
| U62020KA2023PTC172158 | Previous |
Recent Activity on Finroot Innovations Private Limited
Finroot Innovations Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Lakshmi Sthanu Moorthy was appointed as Director on 16 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Finroot Innovations 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 Finroot Innovations 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 Finroot Innovations 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 Finroot Innovations Private Limited
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 Finroot Innovations 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 Finroot Innovations Private Limited
Finroot Innovations is an active private limited company based in Bangalore South, Karnataka, India. It was incorporated on 16 March 2023 (3+ years old) and is registered under CIN U66220KA2023PTC172158.
Finroot Innovations reported revenue of ₹6.21 Lakh for FY 2024.
Finroot Innovations has 2 current directors:
- Uma Parameswaran - Director
- Lakshmi Sthanu Moorthy - Director
Finroot Innovations reported a net loss of ₹4.89 Lakh (net margin -78.7%) and EBITDA of -₹6.34 Lakh (EBITDA margin -102%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Finroot Innovations is U66220KA2023PTC172158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finroot Innovations was incorporated on 16 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Finroot Innovations by revenue are Anv Infotech Private Limited, Biospace Technologies Private Limited, Xinfoz Technologies Private Limited, Sepsu Technologies Private Limited, Phoenix Research and Consulting Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Lakshmi Sthanu Moorthy was appointed as Director on 16 Mar 2023. Uma Parameswaran was appointed as Director on 16 Mar 2023.
The registered office of Finroot Innovations is at No 1207343 120713431, 9th Main Road 7th Sector, Bangalore South, Karnataka, India – 560102.
Finroot Innovations has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr.
No. Finroot Innovations is not listed on any stock exchange. It is an unlisted company.