About Netfra Solutions Private Limited
Data last updated:
Netfra Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Excel Telesonic India Private Limited. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 09 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U61102MH2017PTC300552. Its GSTIN is 27AAFCN8032P1ZX (Maharashtra). The company holds 28 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balkishan Chandak and Deepak Saxena.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.06 Cr, a growth of 133% compared to the previous year. For the same year it recorded a net loss of ₹8.37 Cr (net margin -16.4%) and EBITDA of ₹5.08 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 332% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹200 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netfra.in.
Company details
CIN history
Netfra Solutions has one previous CIN (Corporate Identification Number): U64203MH2017PTC300552. The current CIN is U61102MH2017PTC300552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61102MH2017PTC300552 | Current |
| U64203MH2017PTC300552 | Previous |
Contact details
Netfra Solutions Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressThe Ruby 11th Floor Awfis, 29 Senapati Bapat Marg Dadar (West), Mumbai, Maharashtra, India – 400028
- IndustryTelecom, Telecom Infrastructure
- 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 Netfra Solutions is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Netfra Solutions Private Limited, buy the company report.
Financials of Netfra Solutions Private Limited
FY 2024 filings availableNetfra Solutions Private Limited reported revenue of ₹51.06 Cr (up 133% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 332% over five years, including 133% growth in the latest year. EBITDA rose 683% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.37 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | -16.4% | ||||
| 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 Netfra Solutions Private Limited, buy the company report.
Board of directors of Netfra Solutions Private Limited
Netfra Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balkishan Chandak | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Deepak Saxena | Director | 11 May 2023 | 3 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2024 | 100899349 | Others | ₹50 Cr | Open | |
| 18 Dec 2023 | 100844111 | Others | ₹150 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Netfra Solutions Private Limited has 7 court cases on record: 4 filed by Netfra Solutions, 3 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Thane Municipal Corporation | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by M/S. Haaris Industries Rep by Proprietor Mohammad Washique Raza | Pending |
| High Court, Rajasthan | Writ petition | Filed against the company by individuals | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Police, New Delhi & Ors. | Disposed |
To see the full case history of Netfra Solutions 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
Netfra Solutions Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 10 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Netfra Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Netfra Solutions has 28 GST registrations: 28 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN8032P1ZX | Maharashtra | Active | 18 Jun 2021 |
| 27AAFCN8032P2ZW | Maharashtra | Active | 15 Jan 2025 |
| 23AAFCN8032P1Z5 | Madhya Pradesh | Active | 05 Jul 2022 |
| 06AAFCN8032P1Z1 | Haryana | Active | 04 Aug 2022 |
To see the full GST registrations and return filing status of Netfra Solutions Private Limited, buy the company report.
Recent activity
Netfra Solutions Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Balkishan Chandak ceased to be Additional Director on 25 Sep 2024.
Frequently asked questions
Netfra Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 09 October 2017 (9+ years old) and is registered under CIN U61102MH2017PTC300552.
Netfra Solutions has 2 current directors:
- Balkishan Chandak - Director
- Deepak Saxena - Director
The latest financial statements of Netfra Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Netfra Solutions is 27AAFCN8032P1ZX, registered in Maharashtra. The company has 28 GST registrations in all, of which 28 are active. Other active GSTINs include 27AAFCN8032P2ZW (Maharashtra), 23AAFCN8032P1Z5 (Madhya Pradesh), 06AAFCN8032P1Z1 (Haryana).
The CIN (Corporate Identification Number) of Netfra Solutions is U61102MH2017PTC300552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netfra Solutions has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Netfra Solutions was incorporated on 09 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Balkishan Chandak ceased to be Additional Director on 25 Sep 2024. Balkishan Chandak was appointed as Director on 23 Apr 2024. Deepak Saxena was appointed as Director on 11 May 2023. Netfra Solutions has 7 board changes on record in total.
Netfra Solutions has 2 MSME Form 1 returns on record between 2022 and 2023, listing 10 overdue payments to 10 micro and small suppliers. The latest return was filed on 04 Nov 2023.
Netfra Solutions can be reached through the website netfra.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Netfra Solutions is at The Ruby 11th Floor Awfis, 29 Senapati Bapat Marg Dadar West, Mumbai, Maharashtra, India – 400028.
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.
