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Gorakavi Innovations Private Limited - manufacturing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.16 Lakh
▼ 90% YoY
Net loss · FY 2023
₹9.33 Lakh
Net margin -224.3%
EBITDA · FY 2023
-₹4.2 Lakh
EBITDA margin -101%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Gorakavi Innovations Private Limited
Data last updated:
Gorakavi Innovations Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 22 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U73100TG2018PTC127790. Its GSTIN is 36AAHCG5215B1Z1 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors Gorakavi Kumar Praveen and Ramalaxmi Gorakavi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A1208 Necklace Pride Near Powergrid Kavadiguda, Hyderabad, Telangana, India – 500080.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.16 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹9.33 Lakh (net margin -224.3%) and EBITDA of -₹4.2 Lakh (EBITDA margin -101%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.
The company is associated with 1 brand: The Phi Factory.
Gorakavi Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0003019). For more details, the company can be reached via its website phifactory.tech.
Company details
CIN U73100TG2018PTC127790
Registration Number 127790
Incorporation Date 22 October 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0003019
Recognitions & Rankings of Gorakavi Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TS-02-0003019
Contact details
Gorakavi Innovations Private Limited's registered office is in Hyderabad, Telangana. Its website is phifactory.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA1208 Necklace Pride Near Powergrid Kavadiguda, Hyderabad, Telangana, India – 500080
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Gorakavi Innovations Private Limited, buy the company report.
Comprehensive company report
Gorakavi 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
Gorakavi Innovations operates one associated brand: The Phi Factory. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paper-based packaging and chemical products for box manufacturing are supplied. | phifactory.tech |
Business activity
The main business activity of Gorakavi Innovations is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Gorakavi Innovations Private Limited, buy the company report.
Financials of Gorakavi Innovations Private Limited
FY 2023 filings availableGorakavi Innovations Private Limited reported revenue of ₹4.16 Lakh (down 90% YoY) for FY 2023.
Revenue · FY 2023
₹4.16 Lakh ▼ 90%
Net loss · FY 2023
₹9.33 Lakh margin -224.3%
EBITDA · FY 2023
-₹4.2 Lakh margin -101%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 46%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 43%
Revenue has declined at a compounded annual rate (CAGR) of 46% over three years, including a 90% fall in the latest year. EBITDA fell 52% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹4.2 Lakh | ||||
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| Net Profit (PAT) | -₹9.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -101% | ||||
| Net Profit Margin | -224.3% | ||||
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To see the full financial statements and ratios of Gorakavi Innovations Private Limited, buy the company report.
Board of directors of Gorakavi Innovations Private Limited
Gorakavi Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorakavi Kumar Praveen | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
| Ramalaxmi Gorakavi | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Gorakavi Innovations Private Limited is audited by SRIKANTH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIKANTH & ASSOCIATES | FY 2019 | 011420S |
Shareholding
The shareholding of Gorakavi Innovations Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gorakavi Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gorakavi Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gorakavi Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gorakavi Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCG5215B1Z1 | Telangana | Active | 05 Dec 2018 |
To see the full GST registrations and return filing status of Gorakavi Innovations Private Limited, buy the company report.
Recent activity
Gorakavi Innovations Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Gorakavi Kumar Praveen was appointed as Director on 22 Oct 2018.
AGM
Gorakavi Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Gorakavi Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Appointed
Gorakavi Kumar Praveen was appointed as Director.
Appointed
Ramalaxmi Gorakavi was appointed as Director.
Incorporation
22 Oct 2018
Gorakavi Innovations Private Limited was registered on 22 Oct 2018 with Roc Hyderabad & aged 8 years 1 day as per MCA records.
Frequently asked questions
Gorakavi Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 22 October 2018 (8+ years old) and is registered under CIN U73100TG2018PTC127790.
Gorakavi Innovations has 2 current directors:
- Gorakavi Kumar Praveen - Director
- Ramalaxmi Gorakavi - Director
The latest financial statements of Gorakavi Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Gorakavi Innovations is 36AAHCG5215B1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Gorakavi Innovations is U73100TG2018PTC127790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gorakavi Innovations was incorporated on 22 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Gorakavi Kumar Praveen was appointed as Director on 22 Oct 2018. Ramalaxmi Gorakavi was appointed as Director on 22 Oct 2018.
Yes, Gorakavi Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Gorakavi Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0003019).
Gorakavi Innovations can be reached through the website phifactory.tech. Its registered office is in Hyderabad, Telangana, India.