About Innoright Solutions LLP
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Innoright Solutions LLP is a limited liability partnership (LLP) based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 December 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAN-8119. Its GSTIN is 36AAHFI3907R1ZT (Telangana).
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners including Nistala Venkata Varaha Naga Ravi and Suvarchala Rani Pasumarthi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Flat No. 505 Surya Towers Block A Snehapuri Colony Road No. 2 Nacharam, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹3.55 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹55.43 Lakh (net margin 15.6%) and EBITDA of ₹82.9 Lakh (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 245% over three years.
The LLP has about 13 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Innoright.
For more details, the LLP can be reached via its website innoright.com.
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- Registered AddressFlat No. 505 Surya Towers Block A Snehapuri Colony Road No. 2 Nacharam, Hyderabad, Telangana, India – 500076
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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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Financials of Innoright Solutions LLP FY 2025 filings available
Innoright Solutions LLP reported revenue of ₹3.55 Cr (up 46% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Innoright Solutions LLP
Revenue has grown at a compounded annual rate (CAGR) of 245% over three years, including 46% growth in the latest year. EBITDA rose 57% 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 Innoright Solutions LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹55.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innoright Solutions LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 15.6% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Innoright Solutions are in the company report.
Financial statements from FY 2019
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.
Designated Partners of Innoright Solutions LLP
Innoright Solutions has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nistala Venkata Varaha Naga Ravi Also directs: Fortisys India Private Limited | Designated Partner | 16 Dec 2020 | 5 Years 9 Months | Current |
| Suvarchala Rani Pasumarthi | Designated Partner | 16 Dec 2020 | 5 Years 9 Months | Current |
| Prasad Sapthagirishwara Pasumarthi | Designated Partner | 19 Dec 2018 | 7 Years 9 Months | Current |
| Pasumarthi Shireesha | Designated Partner | 19 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Innoright Solutions LLP
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 Innoright Solutions LLP
Innoright Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Innoright Solutions LLP
Innoright Solutions operates one associated brand: Innoright. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, software development, AI solutions, and digital products. | innoright.com |
Employees and EPFO Compliance at Innoright Solutions LLP
Innoright Solutions LLP has a workforce of 13 employees as of Mar 22, 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 Innoright Solutions LLP
Innoright Solutions LLP has 4 designated partner changes on record since 2018: 4 appointments. The latest: Nistala Venkata Varaha Naga Ravi was appointed as Designated Partner on 16 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Innoright Solutions LLP
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 Innoright Solutions LLP
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 Innoright Solutions LLP
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 Innoright Solutions LLP
Innoright Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHFI3907R1ZT | Telangana | Active | 15 Feb 2019 |
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 Innoright Solutions LLP
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 Innoright Solutions LLP
Innoright Solutions is an active limited liability partnership based in Hyderabad, Telangana, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 December 2018 (8+ years old) and is registered under LLPIN AAN-8119.
Innoright Solutions reported revenue of ₹3.55 Cr for FY 2023 (up 46% YoY).
Innoright Solutions has 4 current designated partners:
- Nistala Venkata Varaha Naga Ravi - Designated Partner
- Suvarchala Rani Pasumarthi - Designated Partner
- Prasad Sapthagirishwara Pasumarthi - Designated Partner
- Pasumarthi Shireesha - Designated Partner
Innoright Solutions reported a net profit of ₹55.43 Lakh (net margin 15.6%) and EBITDA of ₹82.9 Lakh (EBITDA margin 23.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innoright Solutions is 245% over three years. In the latest year (FY 2023) revenue rose 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innoright Solutions is 36AAHFI3907R1ZT, registered in Telangana.
The LLPIN (Limited Liability Partnership Identification Number) of Innoright Solutions is AAN-8119. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Innoright Solutions was incorporated on 19 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nistala Venkata Varaha Naga Ravi was appointed as Designated Partner on 16 Dec 2020. Suvarchala Rani Pasumarthi was appointed as Designated Partner on 16 Dec 2020. Pasumarthi Shireesha was appointed as Designated Partner on 19 Dec 2018. Innoright Solutions has 4 designated partner changes on record in total.
Yes, Innoright Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).