Startup India Government of India
Fuselage Innovations Private Limited - transport and logistics in Alappuzha, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.24 Cr
▲ 159% YoY
Net profit · FY 2024
₹33.76 Lakh
Net margin 6.4%
EBITDA · FY 2024
₹50.24 Lakh
EBITDA margin 9.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.26 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Fuselage Innovations Private Limited
Data last updated:
Fuselage Innovations Private Limited is a private limited company based in Alappuzha, Kerala, India, recognised as a startup by DPIIT. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 31 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U29300KL2020PTC063328. Its GSTIN is 32AAECF1646E1Z4 (Kerala).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Devan Chandrasekharan (Managing Director) and Devika.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Oodamparambil Kadakkarapally P.O Cherthala Alappuzha, Kerala, India – 688529.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.76 Lakh (net margin 6.4%) and EBITDA of ₹50.24 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 758% over three years.
The company is associated with 1 brand: Fuselage Innovations. As per MCA filings, the company has open charges of ₹2.26 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹30 Lakh; the latest was in November 2023.
Fuselage Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-01-0004383). For more details, the company can be reached via its website fuselage.co.in.
Company details
CIN U29300KL2020PTC063328
Registration Number 063328
Incorporation Date 31 July 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-01-0004383
Recognitions & Rankings of Fuselage Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KL-01-0004383
Contact details
Fuselage Innovations Private Limited's registered office is in Alappuzha, Kerala. Its website is fuselage.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOodamparambil Kadakkarapally P.O Cherthala Alappuzha, Kerala, India – 688529
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Fuselage Innovations Private Limited, buy the company report.
Comprehensive company report
Fuselage Innovations 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
Fuselage Innovations operates one associated brand: Fuselage Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drone-based surveillance and spraying solutions for agriculture are provided. | fuselage.co.in |
Business activity
The main business activity of Fuselage Innovations is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Fuselage Innovations Private Limited, buy the company report.
Financials of Fuselage Innovations Private Limited
FY 2025 filings availableFuselage Innovations Private Limited reported revenue of ₹5.24 Cr (up 159% YoY) for FY 2024.
Revenue · FY 2024
₹5.24 Cr ▲ 159%
Net profit · FY 2024
₹33.76 Lakh margin 6.4%
EBITDA · FY 2024
₹50.24 Lakh margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 159%
3 years · compounded
▲ 758%
EBITDA CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 84%
Revenue has grown at a compounded annual rate (CAGR) of 758% over three years, including 159% growth in the latest year. EBITDA rose 109% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹50.24 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹33.76 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Fixed Assets | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.6% | |||
| Net Profit Margin | 6.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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To see the full financial statements and ratios of Fuselage Innovations Private Limited, buy the company report.
Board of directors of Fuselage Innovations Private Limited
Fuselage Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devan Chandrasekharan Also directs: Fuselage Flying Club Private Limited, Fuselage Agrigenesis Private Limited, Fuselage Aerospace Private Limited and 1 more | Managing Director | 31 Jul 2020 | 6 Years 2 Months | Current |
| Devika | Director | 31 Jul 2020 | 6 Years 2 Months | Current |
Auditor
Fuselage Innovations Private Limited is audited by RANJIT KARTHIKEYAN ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANJIT KARTHIKEYAN ASSOCIATES | FY 2023 | 006705S |
Shareholding
The shareholding of Fuselage Innovations Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fuselage Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2026 | 101221763 | Others | ₹1.1 Cr | Open | |
| 14 Mar 2024 | 100882679 | Others | ₹80 Lakh | Open | |
| 06 Sep 2023 | 100783792 | Others | ₹6.14 Lakh | Open | |
| 10 Aug 2023 | 100785619 | Others | ₹10.33 Lakh | Open | |
| 29 Dec 2020 | 100406570 | Others | ₹19.5 Lakh | Open |
Total charge records: 5 View all charges
Deals & funding
Fuselage Innovations Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹30 Lakh; the latest was in November 2023.
Total deals
1
Funding round
1
Disclosed funding
₹30 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Funding round · Seed | ₹30 Lakh | Investors: IIMK LIVE |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fuselage Innovations Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (WP(Crl.)) | Filed against the company | Pending |
To see the full case history of Fuselage Innovations Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fuselage Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fuselage Innovations Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Fuselage Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECF1646E1Z4 | Kerala | Active | 15 Aug 2020 |
To see the full GST registrations and return filing status of Fuselage Innovations Private Limited, buy the company report.
Recent activity
Fuselage Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Devan Chandrasekharan was appointed as Managing Director on 31 Jul 2020.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 101221763 was registered on 06 Jan 2026.
AGM
Fuselage Innovations Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Fuselage Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100882679 was registered on 14 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100783792 was registered on 06 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100785619 was registered on 10 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100406570 was registered on 29 Dec 2020.
Appointed
Devan Chandrasekharan was appointed as Managing Director.
Appointed
Devika was appointed as Director.
Incorporation
31 Jul 2020
Fuselage Innovations Private Limited was registered on 31 Jul 2020 with Roc Ernakulam & aged 6 years 3 months as per MCA records.
Frequently asked questions
Fuselage Innovations is an active private limited company based in Alappuzha, Kerala, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 31 July 2020 (6+ years old) and is registered under CIN U29300KL2020PTC063328.
Fuselage Innovations has 2 current directors:
- Devan Chandrasekharan - Managing Director
- Devika - Director
The latest financial statements of Fuselage Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Fuselage Innovations is 32AAECF1646E1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of Fuselage Innovations is U29300KL2020PTC063328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fuselage Innovations has 1 court case on record: 1 filed against it. 1 is pending.
Fuselage Innovations was incorporated on 31 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Fuselage Innovations has 1 deal on record (1 funding round), with disclosed funding of ₹30 Lakh; the latest was in November 2023.
Devan Chandrasekharan was appointed as Managing Director on 31 Jul 2020. Devika was appointed as Director on 31 Jul 2020.
Yes, Fuselage Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).