Flotanomers Research and Development Private Limited

Flotanomers Research and Development Private Limited - research & development in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U73200KA2018PTC114724 Incorporated 12 July 2018 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company research and development DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹44.98 Lakh
▼ 61% YoY
Net loss · FY 2024
₹8.79 Lakh
Net margin -19.5%
EBITDA · FY 2024
-₹7.65 Lakh
EBITDA margin -17%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Flotanomers Research and Development Private Limited

Data last updated:

Flotanomers Research and Development Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the social science research segment of the research and development sector. It was incorporated on 12 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73200KA2018PTC114724. Its GSTIN is 29AADCF4487C1ZJ (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Midhun Jyothis and Sudhin Madhusoodhanan Jyothis.

Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 – 156/1 4th Floor Sahyadri Campus Adyar, Mangalore, Karnataka, India – 575007.

As per the financials filed for FY 2024, the company reported a revenue of ₹44.98 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹8.79 Lakh (net margin -19.5%) and EBITDA of -₹7.65 Lakh (EBITDA margin -17%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 16% over five years.

The company is associated with 1 brand: Flotanomers.

Flotanomers Research and Development Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0005136). For more details, the company can be reached via its website flotanomers.com.

Company details

CIN U73200KA2018PTC114724
Registration Number 114724
Incorporation Date 12 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 November 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-11-0005136

Recognitions & Rankings of Flotanomers Research and Development

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-11-0005136

Contact details

Flotanomers Research and Development Private Limited's registered office is in Mangalore, Karnataka. Its website is flotanomers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1 – 156/1 4th Floor Sahyadri Campus Adyar, Mangalore, Karnataka, India – 575007
  • Industry
    Research & Development, Social Science Research

To see the full contact details of Flotanomers Research and Development Private Limited, buy the company report.

Comprehensive company report
Flotanomers Research and Development 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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Brands

Flotanomers Research and Development operates one associated brand: Flotanomers. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive UAV-based aerial solutions.flotanomers.com

Business activity

The main business activity of Flotanomers Research and Development is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Flotanomers Research and Development Private Limited, buy the company report.

Financials of Flotanomers Research and Development Private Limited

FY 2024 filings available

Flotanomers Research and Development Private Limited reported revenue of ₹44.98 Lakh (down 61% YoY) for FY 2024.

Revenue · FY 2024
₹44.98 Lakh ▼ 61%
Net loss · FY 2024
₹8.79 Lakh margin -19.5%
EBITDA · FY 2024
-₹7.65 Lakh margin -17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 57%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 72%
5 years · compounded
▼ 21%

Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 23% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹7.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.79 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-17%
Net Profit Margin-19.5%
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

To see the full financial statements and ratios of Flotanomers Research and Development Private Limited, buy the company report.

Board of directors of Flotanomers Research and Development Private Limited

Flotanomers Research and Development has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Midhun JyothisDirector12 Jul 20188 Years 3 MonthsCurrent
Sudhin Madhusoodhanan JyothisDirector31 Mar 20224 Years 7 MonthsCurrent

Peer comparison

Flotanomers Research and Development Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Uni Jigbo Technics Private Limited₹45.21 Lakh (FY 2025)3.0%Telangana, India
Prithvi Projects Private Limited₹45.13 Lakh (FY 2024)-33.0%Kolkata, West Bengal, India
Comfort Climate Solutions Private Limited₹45.08 Lakh (FY 2024)0.0%Chennai, Tamil Nadu, India
Surya India Polysacks Private Limited₹45 Lakh (FY 2025)-30.0%New Delhi, Delhi, India
Aja India Private Limited₹44.99 Lakh (FY 2024)24.0%Bangalore, Karnataka, India
Flotanomers Research and Development Private Limitedthis company₹44.98 Lakh (FY 2024)-₹8.79 Lakh-19.5%-61.0%Mangalore, Karnataka, India
Tapi Safe Deposit Vault Private Limited₹44.98 Lakh (FY 2025)20.0%Surat, Gujarat, India
Cstar Trading India Private Limited₹44.79 Lakh (FY 2025)6.0%Thiruvallur, Tamil Nadu, India
Crescent Credit Outsourcing Solutions Private Limited₹44.74 Lakh (FY 2022)89.0%Bangalore, Karnataka, India
Shree Siddhi Construction Private Limited₹44.68 Lakh (FY 2024)18.0%Jamshedpur, Jharkhand, India
Cosmos Ispat Private Limited₹44.44 Lakh (FY 2025)6.0%Raipur, Chhattisgarh, India

To see the full peer comparison of Flotanomers Research and Development Private Limited, buy the company report.

MSME payment delays

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

GST

Flotanomers Research and Development has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCF4487C1ZJKarnatakaActive12 Sep 2018

To see the full GST registrations and return filing status of Flotanomers Research and Development Private Limited, buy the company report.

Recent activity

Flotanomers Research and Development Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Manjunatha Bhandari ceased to be Director on 31 Mar 2022.

AGM
Flotanomers Research And Development Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
Filing
Flotanomers Research And Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Manjunatha Bhandari ceased to be Director.
Appointed
Sudhin Madhusoodhanan Jyothis was appointed as Director.
Ceased
Raghavendra Shetty Ganapathi ceased to be Additional Director.
Ceased
Probid Janardhanan Panikkan ceased to be Director.
Appointed
Midhun Jyothis was appointed as Director.
Incorporation
12 Jul 2018
Flotanomers Research And Development Private Limited was registered on 12 Jul 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.

Frequently asked questions

Flotanomers Research and Development is an active private limited company based in Mangalore, Karnataka, India. The company works in social science research, within the research and development industry. It was incorporated on 12 July 2018 (8+ years old) and is registered under CIN U73200KA2018PTC114724.

Flotanomers Research and Development has 2 current directors:

The latest financial statements of Flotanomers Research and Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Flotanomers Research and Development is 29AADCF4487C1ZJ, registered in Karnataka.

The CIN (Corporate Identification Number) of Flotanomers Research and Development is U73200KA2018PTC114724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Flotanomers Research and Development was incorporated on 12 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Flotanomers Research and Development by revenue are Uni Jigbo Technics Private Limited, Prithvi Projects Private Limited, Comfort Climate Solutions Private Limited, Surya India Polysacks Private Limited, Aja India Private Limited and 5 more, all in the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).

Manjunatha Bhandari ceased to be Director on 31 Mar 2022. Sudhin Madhusoodhanan Jyothis was appointed as Director on 31 Mar 2022. Raghavendra Shetty Ganapathi ceased to be Additional Director on 31 Dec 2019. Flotanomers Research and Development has 5 board changes on record in total.

Yes, Flotanomers Research and Development is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Flotanomers Research and Development is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0005136).

Flotanomers Research and Development can be reached through the website flotanomers.com. Its registered office is in Mangalore, Karnataka, India.