Innovit Systems Private Limited
About Innovit Systems Private Limited
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Innovit Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2014PTC095333.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sankar Marimuthu and Abubacker Siddique.
Its last annual general meeting (AGM) was held on 23 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No. 4A United Colony Main Road Kolathur, Chennai, Tamil Nadu, India – 600099.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.31 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹2,699 (net margin 0.5%) and EBITDA of ₹17,039 (EBITDA margin 3.2%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo. 4A United Colony Main Road Kolathur, Chennai, Tamil Nadu, India – 600099
- IndustryInformation Technology, Other Computer Related Activities
- 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 Innovit Systems Private Limited
The main business activity of Innovit Systems is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Innovit Systems Private Limited FY 2018 filings available
Innovit Systems Private Limited reported revenue of ₹5.31 Lakh (down 17% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Innovit Systems Private Limited
Revenue fell 17% in the latest year. EBITDA fell 54% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Innovit Systems Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹17,039 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2,699 | •••• | •••• | •••• |
| 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 Innovit Systems Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• |
| 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 Innovit Systems are in the company report.
Financial statements from 2015
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 Innovit Systems Private Limited
Innovit Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imperial Digital Private Limited | ₹5.32 Lakh (FY 2018) | •••• | •••• | •••• | Chittorgarh, Rajasthan, India | |
| Avyukt Business Consulting (OPC) Private Limited | ₹5.31 Lakh (FY 2025) | •••• | •••• | -90.0% | •••• | Kavaraipettai, Tamil Nadu, India |
| Standav Labs Private Limited | ₹5.31 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
| Kripanidhi Skill Development Private Limited | ₹5.31 Lakh (FY 2022) | •••• | •••• | 124.0% | •••• | Saraiya, Bihar, India |
| Uniget Private Limited | ₹5.31 Lakh (FY 2019) | •••• | •••• | 58.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Innovit Systems Private Limited this company | ₹5.31 Lakh (FY 2018) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Electripetal Technologies Private Limited | ₹5.31 Lakh (FY 2023) | •••• | •••• | •••• | Mysore, Karnataka, India | |
| Ycc India Private Limited | ₹5.3 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Yuvan Infomedia (OPC) Private Limited | ₹5.3 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Coverage18 Production Private Limited | ₹5.3 Lakh (FY 2022) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Am Ispinfotech Private Limited | ₹5.3 Lakh (FY 2022) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Innovit Systems by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Innovit Systems Private Limited
Innovit Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankar Marimuthu | Director | 07 Mar 2014 | 12 Years 7 Months | Current |
| Abubacker Siddique | Director | 07 Mar 2014 | 12 Years 7 Months | Current |
Charges & Borrowings of Innovit Systems Private Limited
Innovit Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovit Systems Private Limited
Employment history and EPFO contributions of people linked to Innovit Systems.
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 Innovit Systems Private Limited
Innovit Systems Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Abubacker Siddique was appointed as Director on 07 Mar 2014.
Credit Ratings, Litigation & Regulatory Alerts for Innovit Systems 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 Innovit Systems 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 Innovit Systems 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 Innovit Systems Private Limited
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 Innovit Systems 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 Innovit Systems Private Limited
Innovit Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 March 2014 (12+ years old) and is registered under CIN U72900TN2014PTC095333.
Innovit Systems reported revenue of ₹5.31 Lakh for FY 2018 (down 17% YoY).
Innovit Systems has 2 current directors:
- Sankar Marimuthu - Director
- Abubacker Siddique - Director
Innovit Systems reported a net profit of ₹2,699 (net margin 0.5%) and EBITDA of ₹17,039 (EBITDA margin 3.2%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of Innovit Systems is U72900TN2014PTC095333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovit Systems was incorporated on 07 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Innovit Systems by revenue are Imperial Digital Private Limited, Avyukt Business Consulting (OPC) Private Limited, Standav Labs Private Limited, Kripanidhi Skill Development Private Limited, Uniget Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Abubacker Siddique was appointed as Director on 07 Mar 2014. Sankar Marimuthu was appointed as Director on 07 Mar 2014.
The registered office of Innovit Systems is at No. 4A United Colony Main Road Kolathur, Chennai, Tamil Nadu, India – 600099.
Innovit Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Innovit Systems operates in the information technology industry, in the other computer related activities segment.