About Netfinity Technologies (India) Private Limited
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Netfinity Technologies (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51506KA1999PTC025212. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.83 Lakh. It is led by directors Vinod Yeturu (Managing Director) and Yeturu Vinod Radhika.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No.111 K.H. Road Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2017, the company reported a revenue of ₹76,640, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹5.79 Lakh and EBITDA of -₹4.59 Lakh.
As per MCA filings, the company has open charges of ₹2 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website netfinity.in.
Company details
Contact details
Netfinity Technologies (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is netfinity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.111 K.H. Road Bangalore, Karnataka, India – 560027
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Netfinity Technologies (India) 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 Netfinity Technologies (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Netfinity Technologies (India) Private Limited
FY 2018 filings availableNetfinity Technologies (India) Private Limited reported revenue of ₹76,640 (down 98% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹76,640 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.59 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.79 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Netfinity Technologies (India) Private Limited, buy the company report.
Board of directors of Netfinity Technologies (India) Private Limited
Netfinity Technologies (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Yeturu | Managing Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Yeturu Vinod Radhika | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
Auditor
Netfinity Technologies (India) Private Limited is audited by K.SRIHARINAIDU& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.SRIHARINAIDU& CO. | FY 2017 | 006319S |
Shareholding
The shareholding of Netfinity Technologies (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Netfinity Technologies (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2001 | 90198051 | The Karnataka Bank Ltd | ₹1 Lakh | Open | |
| 14 Dec 2001 | 90200666 | The Karnataka Bank Ltd. | ₹1 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Netfinity Technologies (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by HCL Infosysystems Ltd. | Disposed |
To see the full case history of Netfinity Technologies (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Netfinity Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netfinity Technologies (India) 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 Netfinity Technologies (India) Private Limited, buy the company report.
Recent activity
Netfinity Technologies (India) Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Vinod Yeturu was appointed as Managing Director on 01 Apr 2005.
Frequently asked questions
Netfinity Technologies (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 May 1999 (27+ years old) and is registered under CIN U51506KA1999PTC025212.
Netfinity Technologies (India) has 2 current directors:
- Vinod Yeturu - Managing Director
- Yeturu Vinod Radhika - Director
The latest financial statements of Netfinity Technologies (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Netfinity Technologies (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Netfinity Technologies (India) is U51506KA1999PTC025212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netfinity Technologies (India) has 1 court case on record: 1 filed against it.
Netfinity Technologies (India) was incorporated on 14 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinod Yeturu was appointed as Managing Director on 01 Apr 2005. Yeturu Vinod Radhika was appointed as Director on 01 Apr 2005.
Netfinity Technologies (India) can be reached through the website netfinity.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Netfinity Technologies (India) is at No.111 K.H. Road Bangalore, Karnataka, India – 560027.
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