About Fusolve Technologies Private Limited
Data last updated:
Fusolve Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Saichem Coatings Private Limited and recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24299TN2016PTC110529. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.3 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors including Gururajan Vijendran and Padmanabhan Muralidhar.
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 Plot No – 49 Door No – 49 Padavattamman Nagar SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.6 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Lakh (net margin 0.5%) and EBITDA of ₹16.68 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years and 20% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Fusolve. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹59 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fusolve.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No – 49 Door No – 49 Padavattamman Nagar SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Fusolve Technologies Private Limited
The main business activity of Fusolve Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Fusolve Technologies Private Limited FY 2024 filings available
Fusolve Technologies Private Limited reported revenue of ₹4.6 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fusolve Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 50% growth in the latest year. EBITDA rose 94% 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 Fusolve Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹16.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.31 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 Fusolve Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Fusolve Technologies are in the company report.
Financial statements from FY 2017
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 Fusolve Technologies Private Limited
Fusolve Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rte Eti Environtech Private Limited | ₹4.61 Cr (FY 2025) | •••• | •••• | 50255.0% | •••• | Ahmadabad City, Gujarat, India |
| Naveejay Industries India Private Limited | ₹4.61 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Tijara, Rajasthan, India |
| Gulmohar Fil-Tech Private Limited | ₹4.61 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Indore, Madhya Pradesh, India |
| Derrick Elevators Private Limited | ₹4.61 Cr (FY 2017) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Ams International Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | North 24 Parganas, West Bengal, India |
| Fusolve Technologies Private Limited this company | ₹4.6 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Chennai, Tamil Nadu, India |
| Sai Parn Sheets Private Limited | ₹4.6 Cr (FY 2016) | •••• | •••• | 51.0% | •••• | Aurangabad, Maharashtra, India |
| Thermosonics Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Thane, Maharashtra, India |
| Inrada O.G.R.S. Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Chennai, Tamil Nadu, India |
| Vyas Solutions Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | 184.0% | •••• | Pune, Maharashtra, India |
| Kelson Storage Systems Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | 357.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Fusolve Technologies by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Fusolve Technologies Private Limited
Fusolve Technologies Private Limited is audited by B .Ramesh & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B .Ramesh & Associates | 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 Fusolve Technologies Private Limited
Fusolve Technologies has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gururajan Vijendran | Director | 10 Sep 2022 | 4 Years 0 Months | Current |
| Padmanabhan Muralidhar | Director | 23 May 2016 | 10 Years 4 Months | Current |
| Seetharam Babu Patti | Additional Director | 14 Jun 2024 | 2 Years 3 Months | Current |
| Arunachalam Saravanamuthu Also directs: Avyaya Engineering Private Limited | Additional Director | 19 May 2025 | 1 Years 4 Months | Current |
| Harsha Muralidhar | Director | 23 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Fusolve Technologies 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 Fusolve Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2024 | Hdfc Bank Limited | ₹1.5 Cr | Open |
| 19 Feb 2024 | Others | ₹9 Lakh | Satisfied |
| 13 Apr 2023 | Others | ₹50 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Fusolve Technologies Private Limited
Fusolve Technologies Private Limited has 3 court cases on record: 3 filed by Fusolve Technologies. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against State Tax Officer | Disposed |
| Madras High Court | Writ petition | Filed by the company against State Tax Officer | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Fusolve Technologies Private Limited
Fusolve Technologies operates one associated brand: Fusolve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Defence, coating, and engineering solutions are provided by Fusolve, focusing on armour protection, industrial coatings, and indigenisation efforts. | fusolve.com |
Employees and EPFO Compliance at Fusolve Technologies Private Limited
Fusolve Technologies Private Limited has a workforce of 1 employees as of Apr 07, 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 Fusolve Technologies Private Limited
Fusolve Technologies Private Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Arunachalam Saravanamuthu was appointed as Additional Director on 19 May 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fusolve Technologies 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 Fusolve Technologies 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 Fusolve Technologies 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 Fusolve Technologies Private Limited
Fusolve Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Fusolve Technologies 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 Fusolve Technologies Private Limited
Fusolve Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 May 2016 (10+ years old) and is registered under CIN U24299TN2016PTC110529.
Fusolve Technologies reported revenue of ₹4.6 Cr for FY 2025 (up 50% YoY).
Fusolve Technologies has 5 current directors:
- Gururajan Vijendran - Director
- Padmanabhan Muralidhar - Director
- Seetharam Babu Patti - Additional Director
- Arunachalam Saravanamuthu - Additional Director
- Harsha Muralidhar - Director
Fusolve Technologies reported a net profit of ₹2.31 Lakh (net margin 0.5%) and EBITDA of ₹16.68 Lakh (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fusolve Technologies is 111% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
No. Fusolve Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fusolve Technologies is U24299TN2016PTC110529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fusolve Technologies has 3 court cases on record: 3 filed by the company.
Fusolve Technologies was incorporated on 23 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Fusolve Technologies by revenue are Rte Eti Environtech Private Limited, Naveejay Industries India Private Limited, Gulmohar Fil-Tech Private Limited, Derrick Elevators Private Limited, Ams International Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Arunachalam Saravanamuthu was appointed as Additional Director on 19 May 2025. Seetharam Babu Patti ceased to be Additional Director on 29 Sep 2024. Seetharam Babu Patti was appointed as Additional Director on 14 Jun 2024. Fusolve Technologies has 8 board changes on record in total.