MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0026210
Innovac Air Systems Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.52 Cr
▲ 25% YoY
Net profit · FY 2025
₹51.44 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹1.28 Cr
EBITDA margin 8.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.3 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
39
Provident fund records
About Innovac Air Systems Private Limited
Data last updated:
Innovac Air Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 29 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29210TN2015PTC100295. Its GSTIN is 33AADCI8132P1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kumaran Latha and Mohan Balaji Parimala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.52 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹51.44 Lakh (net margin 3.5%) and EBITDA of ₹1.28 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.3 Cr on record.
Innovac Air Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0026210). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovacairsys.com.
Company details
CIN U29210TN2015PTC100295
Registration Number 100295
Incorporation Date 29 April 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0026210
Key People
Kumaran Latha Director Mohan Balaji Parimala Director Panchatcharam Balaji Revathi Director Recognitions & Rankings of Innovac Air Systems
Contact details
Innovac Air Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is innovacairsys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRk Bhavan 1st Floor Plot No: 82 – B Sivanthi Avenue 1st Main Road Nerkundr, Am, Chennai, Tamil Nadu, India – 600107
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Innovac Air Systems Private Limited, buy the company report.
Comprehensive company report
Innovac Air Systems 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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Business activity
The main business activity of Innovac Air Systems is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Innovac Air Systems Private Limited, buy the company report.
Financials of Innovac Air Systems Private Limited
FY 2025 filings availableInnovac Air Systems Private Limited reported revenue of ₹14.52 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹14.52 Cr ▲ 25%
Net profit · FY 2025
₹51.44 Lakh margin 3.5%
EBITDA · FY 2025
₹1.28 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 11%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 25% growth in the latest year. EBITDA rose 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Innovac Air Systems Private Limited, buy the company report.
Board of directors of Innovac Air Systems Private Limited
Innovac Air Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaran Latha | Director | 15 Nov 2017 | 8 Years 11 Months | Current |
| Mohan Balaji Parimala | Director | 29 Apr 2015 | 11 Years 6 Months | Current |
| Panchatcharam Balaji Revathi Also directs: Innovac Controls Private Limited | Director | 15 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Innovac Air Systems Private Limited is audited by I V & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I V & ASSOCIATES | FY 2023 | 012897S |
Shareholding
The shareholding of Innovac Air Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovac Air Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2021 | 100456949 | Axis Bank Limited | ₹4.5 Lakh | Open | |
| 10 Oct 2019 | 100294962 | Axis Bank Limited | ₹25 Lakh | Open | |
| 08 Aug 2017 | 100118657 | Axis Bank Limited | ₹3 Cr | Open |
To see the full charge records of Innovac Air Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Innovac Air Systems 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 Innovac Air Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovac Air Systems Private Limited has a workforce of 39 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
8.33%
GST
Innovac Air Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCI8132P1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovac Air Systems Private Limited, buy the company report.
Recent activity
Innovac Air Systems Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Sundaramurthy Thirumaran ceased to be Director on 31 Oct 2020.
AGM
Innovac Air Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 300.00 Lakh registered on 08 Aug 2017 with Charge ID 100118657 was modified on 31 May 2025.
Filing
Innovac Air Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.50 Lakh with Charge ID 100456949 was registered on 29 Jun 2021.
Ceased
Sundaramurthy Thirumaran ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100294962 was registered on 10 Oct 2019.
Ceased
Karnam Kesavulu ceased to be Director.
Appointed
Kumaran Latha was appointed as Director.
Appointed
Panchatcharam Balaji Revathi was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100118657 was registered on 08 Aug 2017.
Appointed
Mohan Balaji Parimala was appointed as Director.
Incorporation
29 Apr 2015
Innovac Air Systems Private Limited was registered on 29 Apr 2015 with Roc Chennai & aged 11 years 6 months as per MCA records.
Frequently asked questions
Innovac Air Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 29 April 2015 (11+ years old) and is registered under CIN U29210TN2015PTC100295.
Innovac Air Systems has 3 current directors:
- Kumaran Latha - Director
- Mohan Balaji Parimala - Director
- Panchatcharam Balaji Revathi - Director
The latest financial statements of Innovac Air Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Innovac Air Systems is 33AADCI8132P1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innovac Air Systems is U29210TN2015PTC100295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovac Air Systems was incorporated on 29 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Sundaramurthy Thirumaran ceased to be Director on 31 Oct 2020. Karnam Kesavulu ceased to be Director on 16 Oct 2018. Kumaran Latha was appointed as Director on 15 Nov 2017. Innovac Air Systems has 5 board changes on record in total.
Yes, Innovac Air Systems is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0026210).
Innovac Air Systems can be reached through the website innovacairsys.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Innovac Air Systems is at Rk Bhavan 1st Floor Plot No: 82 – B Sivanthi Avenue 1st Main Road Nerkundr, Am, Chennai, Tamil Nadu, India – 600107.
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