Flynet Technologies Private Limited

Flynet Technologies Private Limited - agriculture in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74109TN2016PTC112526 Incorporated 15 September 2016 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company agriculture
Data last updated
Revenue · FY 2024
₹10.87 Cr
▲ 5430% YoY
Net profit · FY 2024
₹55.83 Lakh
Net margin 5.1%
EBITDA · FY 2024
₹1.24 Cr
EBITDA margin 11.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹51.8 Lakh
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings

About Flynet Technologies Private Limited

Data last updated:

Flynet Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 15 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74109TN2016PTC112526. Its GSTIN is 33AAFCD8526Q1Z5 (Tamil Nadu).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51.8 Lakh. It is led by directors Gunasekaran Krishnamoorthy Sachin and Joseph Judah Jeffrey.

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 Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹55.83 Lakh (net margin 5.1%) and EBITDA of ₹1.24 Cr (EBITDA margin 11.4%).

The company is associated with 1 brand: Flynet Technologies. As per MCA filings, the company has open charges of ₹5 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flynettech.com.

Company details

CIN U74109TN2016PTC112526
Registration Number 112526
Incorporation Date 15 September 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Flynet Technologies has one previous CIN (Corporate Identification Number): U74999TN2016PTC112526. The current CIN is U74109TN2016PTC112526, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74109TN2016PTC112526Current
U74999TN2016PTC112526Previous

Contact details

Flynet Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is flynettech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No 283 Door No F – 215 F Block, 1st Cross Street, Chennai, Tamil Nadu, India – 600102
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Flynet Technologies Private Limited, buy the company report.

Comprehensive company report
Flynet Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Flynet Technologies operates one associated brand: Flynet Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Provides IT consulting, surveillance systems, drones, and digital transformation services.flynettech.com

Business activity

The main business activity of Flynet Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

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

Financials of Flynet Technologies Private Limited

FY 2024 filings available

Flynet Technologies Private Limited reported revenue of ₹10.87 Cr (up 5430% YoY) for FY 2024.

Revenue · FY 2024
₹10.87 Cr ▲ 5430%
Net profit · FY 2024
₹55.83 Lakh margin 5.1%
EBITDA · FY 2024
₹1.24 Cr margin 11.4%

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₹1.24 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹55.83 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 Margin11.4%
Net Profit Margin5.1%
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 Flynet Technologies Private Limited, buy the company report.

Board of directors of Flynet Technologies Private Limited

Flynet Technologies has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gunasekaran Krishnamoorthy SachinDirector06 Jul 20233 Years 4 MonthsCurrent
Joseph Judah JeffreyDirector27 Aug 20233 Years 2 MonthsCurrent

Peer comparison

Flynet Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jupitice Justice Technologies Private Limited₹10.88 Cr (FY 2025)284.0%Chandigarh, India
Forma AI India Private Limited₹10.88 Cr (FY 2024)740.0%Pune, Maharashtra, India
Castus Info Solutions Private Limited₹10.88 Cr (FY 2022)81.0%Hyderabad, Telangana, India
K.D.K Enterprises Private Limited₹10.87 Cr (FY 2018)18.0%New Delhi, Delhi, India
Prakvi Techno Solutions Private Limited₹10.87 Cr (FY 2024)-8.0%New Delhi, Delhi, India
Flynet Technologies Private Limitedthis company₹10.87 Cr (FY 2024)₹55.83 Lakh5.1%5430.0%Chennai, Tamil Nadu, India
Jash Data Sciences Private Limited₹10.86 Cr (FY 2025)26.0%Pune, Maharashtra, India
Zerocode Innovations Limited₹10.86 Cr (FY 2025)5.0%Hyderabad, Telangana, India
Dice Enterprises Private Limited₹10.86 Cr (FY 2025)72.0%Balaghat, Madhya Pradesh, India
Drish Infotech Limited₹10.86 Cr (FY 2025)-22.0%Mohali, Punjab, India

To see the full peer comparison of Flynet Technologies Private Limited, buy the company report.

Auditor

Flynet Technologies Private Limited is audited by V BALASUBRAMANIAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V BALASUBRAMANIANFY 2023053277

Shareholding

The shareholding of Flynet Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Flynet Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Sep 2023100791916State Bank of India₹5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Flynet Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAFCD8526Q1Z5Tamil NaduActive23 Aug 2023

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

Recent activity

Flynet Technologies Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Gunasekaran Krishnamoorthy Sachin ceased to be Additional Director on 29 Oct 2023.

AGM
Flynet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Flynet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Gunasekaran Krishnamoorthy Sachin ceased to be Additional Director.
Ceased
Joseph Judah Jeffrey ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100791916 was registered on 22 Sep 2023.
Appointed
Joseph Judah Jeffrey was appointed as Director.
Ceased
Colanukuduru Sundaram Ravindran ceased to be Director.
Appointed
Gunasekaran Krishnamoorthy Sachin was appointed as Director.
Ceased
Ramesh Venkataraman ceased to be Director.
Ceased
Ponnambalam Kuppusamy ceased to be Managing Director.
Ceased
Karaikurichi Rangaswamy Adivarahan ceased to be Director.
Incorporation
15 Sep 2016
Flynet Technologies Private Limited was registered on 15 Sep 2016 with Roc Chennai & aged 10 years 1 month as per MCA records.

Frequently asked questions

Flynet Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in agri support services, within the agriculture industry. It was incorporated on 15 September 2016 (10+ years old) and is registered under CIN U74109TN2016PTC112526.

Flynet Technologies has 2 current directors:

The latest financial statements of Flynet Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Flynet Technologies is 33AAFCD8526Q1Z5, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Flynet Technologies is U74109TN2016PTC112526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Flynet Technologies was incorporated on 15 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Flynet Technologies by revenue are Jupitice Justice Technologies Private Limited, Forma AI India Private Limited, Castus Info Solutions Private Limited, K.D.K Enterprises Private Limited, Prakvi Techno Solutions Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).

Gunasekaran Krishnamoorthy Sachin ceased to be Additional Director on 29 Oct 2023. Joseph Judah Jeffrey ceased to be Additional Director on 29 Oct 2023. Joseph Judah Jeffrey was appointed as Director on 27 Aug 2023. Flynet Technologies has 8 board changes on record in total.

Flynet Technologies can be reached through the website flynettech.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Flynet Technologies is at Plot No 283 Door No F – 215 F Block, 1st Cross Street, Chennai, Tamil Nadu, India – 600102.

Flynet Technologies operates in the agriculture industry, in the agri support services segment.