About Flatworld Billing Services Private Limited
Data last updated:
Flatworld Billing Services Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Suma Soft Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2017PTC172564. Its GSTIN is 27AADCF2048R1Z7 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Chandrasekaran Manivannan and Surendra Anant Brahme.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Fp. No. 127/5A Cts No. 93/5A Erandwana Gangote Path, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.14 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Cr (net margin 9%) and EBITDA of ₹1.97 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 32% over five years.
The company has about 174 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Flatworld Solutions and Suma Shilp.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumashilp.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFp. No. 127/5A Cts No. 93/5A Erandwana Gangote Path, Pune, Maharashtra, India – 411004
- 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 Flatworld Billing Services Private Limited
The main business activity of Flatworld Billing Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Flatworld Billing Services Private Limited FY 2024 filings available
Flatworld Billing Services Private Limited reported revenue of ₹16.14 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flatworld Billing Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 9% growth in the latest year. EBITDA rose 18% 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 Flatworld Billing Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.45 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Flatworld Billing Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Flatworld Billing Services 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.
Auditor Details of Flatworld Billing Services Private Limited
Flatworld Billing Services Private Limited is audited by MYL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MYL & CO. | 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 Flatworld Billing Services Private Limited
Flatworld Billing Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Manivannan Also directs: One SG Technologies Private Limited, Suma Soft Private Limited, Avis Esolutions Private Limited and 2 more | Director | 18 Sep 2017 | 9 Years 0 Months | Current |
| Surendra Anant Brahme Also directs: Xcellnt Softapps LLP., Prova Solutions LLP, Seaview Constructions Private Limited and 5 more | Director | 18 Sep 2017 | 9 Years 0 Months | Current |
| Anil Ashok Waychal Also directs: Coreview Systems Private Limited | Director | 20 Sep 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Flatworld Billing Services 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 Flatworld Billing Services Private Limited
Flatworld Billing Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Flatworld Billing Services Private Limited
Flatworld Billing Services operates two associated brands: Flatworld Solutions and Suma Shilp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flatworld Solutions is engaged in providing global BPO and AI services. | flatworldsolutions.com | |
| Provides property management and development services for residential and commercial properties. | sumashilp.com |
Employees and EPFO Compliance at Flatworld Billing Services Private Limited
Flatworld Billing Services Private Limited has a workforce of 174 employees as of Mar 28, 2024.
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 Flatworld Billing Services Private Limited
Flatworld Billing Services Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Anil Ashok Waychal ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Flatworld Billing Services 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 Flatworld Billing Services 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 Flatworld Billing Services 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 Flatworld Billing Services Private Limited
Flatworld Billing Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF2048R1Z7 | Maharashtra | Active | 05 Nov 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 Flatworld Billing Services 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 Flatworld Billing Services Private Limited
Flatworld Billing Services is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 September 2017 (9+ years old) and is registered under CIN U72200PN2017PTC172564.
Flatworld Billing Services reported revenue of ₹16.14 Cr for FY 2025 (up 9% YoY).
Flatworld Billing Services has 3 current directors:
- Chandrasekaran Manivannan - Director
- Surendra Anant Brahme - Director
- Anil Ashok Waychal - Director
Flatworld Billing Services reported a net profit of ₹1.45 Cr (net margin 9%) and EBITDA of ₹1.97 Cr (EBITDA margin 12.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flatworld Billing Services is -13% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flatworld Billing Services is 27AADCF2048R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Flatworld Billing Services is U72200PN2017PTC172564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flatworld Billing Services was incorporated on 18 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Anil Ashok Waychal ceased to be Additional Director on 29 Sep 2025. Anil Ashok Waychal was appointed as Director on 20 Sep 2025. Chandrasekaran Manivannan was appointed as Director on 18 Sep 2017. Flatworld Billing Services has 4 board changes on record in total.
Flatworld Billing Services can be reached through the website sumashilp.com. Its registered office is in Pune, Maharashtra, India.