About Nav Innovations Private Limited
Data last updated:
Nav Innovations Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 March 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052775. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rakesh Verma and Sunil Kumar Gupta.
Its last annual general meeting (AGM) was held on 06 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at A – 21 Sycamore Tata Sherwood Basavanagar Marathahalli Po, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.39 Lakh. For the same year it recorded a net profit of ₹45,885 (net margin 19.2%) and EBITDA of ₹51,252 (EBITDA margin 21.4%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 18% over five years.
The last known website on record is navinnovations.com.
Company details
Contact details
Nav Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is navinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 21 Sycamore Tata Sherwood Basavanagar Marathahalli Po, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nav Innovations Private Limited, buy the company report.
- 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
Business activity
The main business activity of Nav Innovations is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Nav Innovations Private Limited, buy the company report.
Financials of Nav Innovations Private Limited
FY 2020 filings availableNav Innovations Private Limited reported revenue of ₹2.39 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years. EBITDA rose 114% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹51,252 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45,885 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.4% | ||||
| Net Profit Margin | 19.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nav Innovations Private Limited, buy the company report.
Board of directors of Nav Innovations Private Limited
Nav Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Verma Also directs: Gravityworks Technology Private Limited | Director | 05 Mar 2010 | 16 Years 8 Months | As last reported |
| Sunil Kumar Gupta Also directs: Arable Labs India Private Limited | Director | 05 Mar 2010 | 16 Years 8 Months | As last reported |
Auditor
Nav Innovations Private Limited is audited by M S K A & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & CO | FY 2019 | 117035W |
Shareholding
The shareholding of Nav Innovations Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nav Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nav 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 Nav Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nav Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nav Innovations Private Limited, buy the company report.
Recent activity
Nav Innovations Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Rakesh Verma was appointed as Director on 05 Mar 2010.
Frequently asked questions
Nav Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nav Innovations was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 05 March 2010 and is registered under CIN U72200KA2010PTC052775. The company has been struck off by the Registrar of Companies and is no longer operational.
Nav Innovations had 2 directors:
- Rakesh Verma - Director
- Sunil Kumar Gupta - Director
The CIN (Corporate Identification Number) of Nav Innovations is U72200KA2010PTC052775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nav Innovations is at A – 21 Sycamore Tata Sherwood Basavanagar Marathahalli Po, Bangalore, Karnataka, India – 560037.
Nav Innovations was incorporated on 05 March 2010. It is registered with the Registrar of Companies, Bangalore.
Nav Innovations can be reached through the website navinnovations.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Nav Innovations on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 06 July 2020. Year-wise statements from 2015 are in the company report.
No. Nav Innovations has 1 GST registration on record and it is cancelled or inactive.
Nav Innovations operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
