Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U30006TN1996PTC036184 Incorporated 26 July 1996 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹45.15 Cr
▲ 16% YoY
Net profit · FY 2025
₹97.81 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1.57 Cr
EBITDA margin 3.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹18.63 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Satisfied ₹65 Lakh
Company age
30 yrs
Est. 1996
Employees · EPFO
85
Provident fund records

About Futurenet Technologies (India) Private Limited

Data last updated:

Futurenet Technologies (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30006TN1996PTC036184. Its GSTIN is 33AAACF1693F1ZX (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.63 Lakh. It is led by directors including Lakshmi Chandran Ashok (Managing Director) and Raja Lakshmi Ashok.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.37 Singaravelan Nagar 1st Street Maduravoyal, Chennai, Tamil Nadu, India – 600095.

As per the financials filed for FY 2025, the company reported a revenue of ₹45.15 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹97.81 Lakh (net margin 2.2%) and EBITDA of ₹1.57 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.

The company has about 85 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.6 Cr and satisfied charges of ₹65 Lakh on record. Court records list 1 case involving the company, including 1 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 futurenet.in.

Company Details of Futurenet Technologies (India) Private Limited
CIN U30006TN1996PTC036184
Registration Number 036184
Incorporation Date 26 July 1996
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    No.37 Singaravelan Nagar 1st Street Maduravoyal, Chennai, Tamil Nadu, India – 600095
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Futurenet Technologies (India) Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Futurenet Technologies (India) Private Limited

The main business activity of Futurenet Technologies (India) is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Auditor Details of Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) Private Limited is audited by B Thiagarajan & Co for the financial year 2023.

NameStatusAppointment DateCessation Date
B Thiagarajan & CoLockedLockedLocked
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Board of Directors of Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Lakshmi Chandran AshokManaging Director26 Jul 199630 Years 2 MonthsCurrent
Raja Lakshmi AshokDirector12 Apr 200125 Years 5 MonthsCurrent
Harini AshokDirector22 Feb 20215 Years 7 MonthsCurrent

Financials of Futurenet Technologies (India) Private Limited FY 2024 filings available

Futurenet Technologies (India) Private Limited reported revenue of ₹45.15 Cr (up 16% YoY) for FY 2025.

Revenue · FY 2025
₹45.15 Cr ▲ 16%
Net profit · FY 2025
₹97.81 Lakh margin 2.2%
EBITDA · FY 2025
₹1.57 Cr margin 3.5%

Compounded Annual Growth Rate (CAGR) of Futurenet Technologies (India) Private Limited

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 18%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 3%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 16% growth in the latest year. EBITDA fell 2% 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 Futurenet Technologies (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.57 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹97.81 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 Futurenet Technologies (India) Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.5%••••••••••••••••
Net Profit Margin2.2%••••••••••••••••
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 Futurenet Technologies (India) are in the company report.

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Ownership and Shareholding of Futurenet Technologies (India) Private Limited

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Group Structure of Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

Charges & Borrowings of Futurenet Technologies (India) Private Limited

Open charges
₹2.6 Cr
Satisfied charges
₹65 Lakh
Breakdown by lending institutions
Canara Bank₹2.60 Cr
Latest charge details
DateLenderAmountStatus
11 Nov 2013Canara Bank₹2.6 CrOpen
06 Jan 2012Allahabad Bank₹40 LakhSatisfied
29 Oct 2003Allahabad Bank₹25 LakhSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) Private Limited has a workforce of 85 employees as of Mar 31, 2024.

Employee count
85
Active EPFO establishments
1
Employee growth
46.55%
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GST Compliance of Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AAACF1693F1ZXTamil NaduActive01 Jul 2017
34AAACF1693F1ZVPuducherryActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Futurenet Technologies (India) Private Limited

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MSME Payment Delays by Futurenet Technologies (India) Private Limited

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Subsidiaries & Group Companies of Futurenet Technologies (India) Private Limited

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MCA Filings & Documents of Futurenet Technologies (India) Private Limited

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Recent Activity on Futurenet Technologies (India) Private Limited

Activity
28 Sep 2024
Futurenet Technologies (India) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Futurenet Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
20 Sep 2023
A charge with Canara Bank of Rs. 260.00 Lakh registered on 11 Nov 2013 with Charge ID 10462931 was modified on 20 Sep 2023.
Directors
22 Feb 2021
Harini Ashok was appointed as a Director on 22 Feb 2021 & has been associated with this company since 5 years 7 months.
Charges
29 Jan 2014
A charge registered on 06 Jan 2012 via Charge ID 10334948 with Allahabad Bank was fully satisfied on 29 Jan 2014.
Charges
29 Jan 2014
A charge registered on 29 Oct 2003 via Charge ID 80025319 with Allahabad Bank was fully satisfied on 29 Jan 2014.

Recent News on Futurenet Technologies (India) Private Limited

Frequently Asked Questions about Futurenet Technologies (India) Private Limited

Futurenet Technologies (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 July 1996 (30+ years old) and is registered under CIN U30006TN1996PTC036184.

Futurenet Technologies (India) reported revenue of ₹45.15 Cr for FY 2025 (up 16% YoY).

Futurenet Technologies (India) has 3 current directors:

Futurenet Technologies (India) reported a net profit of ₹97.81 Lakh (net margin 2.2%) and EBITDA of ₹1.57 Cr (EBITDA margin 3.5%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Futurenet Technologies (India) is 18% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Futurenet Technologies (India) is 33AAACF1693F1ZX, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 34AAACF1693F1ZV (Puducherry).

The CIN (Corporate Identification Number) of Futurenet Technologies (India) is U30006TN1996PTC036184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Futurenet Technologies (India) has 1 court case on record: 1 filed by the company.

Futurenet Technologies (India) was incorporated on 26 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.

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