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Noval Sustainability Solutions Private Limited - environment in Kottayam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.64 Cr
▼ 45% YoY
Net loss · FY 2024
₹1.37 Cr
Net margin -15.9%
EBITDA · FY 2024
-₹1.22 Cr
EBITDA margin -14.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
2
GST registered
About Noval Sustainability Solutions Private Limited
Data last updated:
Noval Sustainability Solutions Private Limited is a private limited company based in Kottayam, Kerala, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 17 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U29100KL2017PTC050768. Its GSTIN is 32AAFCN8118A1ZY (Kerala). The company holds 2 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 including Siva Sankar and Augustine Libin Peous.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at II/201C 185/7 Vaikom P.O., Kottayam, Kerala, India – 686141.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.64 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹1.37 Cr (net margin -15.9%) and EBITDA of -₹1.22 Cr (EBITDA margin -14.1%). Revenue has grown at a compounded annual rate (CAGR) of 216% over three years and 129% over five years.
The company is associated with 2 brands: Green Lease and Noval Waste Management.
Noval Sustainability Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-07-0006470). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novalfeeds.com.
Company details
CIN U29100KL2017PTC050768
Registration Number 050768
Incorporation Date 17 October 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KL-07-0006470
Key People
Siva Sankar Director Augustine Libin Peous Director Bayyareddy Bavadeep Reddy Additional Director Recognitions & Rankings of Noval Sustainability Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-07-0006470
Contact details
Noval Sustainability Solutions Private Limited's registered office is in Kottayam, Kerala. Its website is novalfeeds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressII/201C 185/7 Vaikom P.O., Kottayam, Kerala, India – 686141
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Noval Sustainability Solutions Private Limited, buy the company report.
Comprehensive company report
Noval Sustainability Solutions 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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Brands
Noval Sustainability Solutions operates two associated brands: Green Lease and Noval Waste Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for effective waste management. | greenlease.in | |
| Waste incineration and composting systems are developed for management solutions. | novalindia.com |
Business activity
The main business activity of Noval Sustainability Solutions 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 Noval Sustainability Solutions Private Limited, buy the company report.
Financials of Noval Sustainability Solutions Private Limited
FY 2024 filings availableNoval Sustainability Solutions Private Limited reported revenue of ₹8.64 Cr (down 45% YoY) for FY 2024.
Revenue · FY 2024
₹8.64 Cr ▼ 45%
Net loss · FY 2024
₹1.37 Cr margin -15.9%
EBITDA · FY 2024
-₹1.22 Cr margin -14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 216%
5 years · compounded
▲ 129%
EBITDA CAGR growth
3 years · compounded
▼ 210%
5 years · compounded
▼ 111%
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 129%. 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 |
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| EBITDA | -₹1.22 Cr | ||||
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| Net Profit (PAT) | -₹1.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -14.1% | ||||
| Net Profit Margin | -15.9% | ||||
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To see the full financial statements and ratios of Noval Sustainability Solutions Private Limited, buy the company report.
Board of directors of Noval Sustainability Solutions Private Limited
Noval Sustainability Solutions has 4 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 |
|---|---|---|---|---|
| Siva Sankar | Director | 17 Oct 2017 | 9 Years 0 Months | Current |
| Augustine Libin Peous Also directs: Beefitup Red Ventures LLP, Maryland Blue Metals LLP, Kl10 Composite Upcyclers LLP and 5 more | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
| Bayyareddy Bavadeep Reddy | Additional Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Thottiyil Shibu Also directs: Golden Nest Farms Private Limited, Sushi Freshcut Biotech Private Limited, Freshcut Organic Products Private Limited and 5 more | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Noval Sustainability Solutions Private Limited is audited by T. SRINIVASA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. SRINIVASA & CO. | FY 2022 | 016624S |
Shareholding
The shareholding of Noval Sustainability Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Noval Sustainability Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Noval Sustainability Solutions 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 Noval Sustainability Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Noval Sustainability Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCN8118A1ZY | Kerala | Active | 18 Nov 2017 |
| 29AAFCN8118A1ZL | Karnataka | Active | 12 Jun 2022 |
To see the full GST registrations and return filing status of Noval Sustainability Solutions Private Limited, buy the company report.
Recent activity
Noval Sustainability Solutions Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Augustine Libin Peous was appointed as Director on 20 Aug 2021.
AGM
Noval Sustainability Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Noval Sustainability Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Augustine Libin Peous was appointed as Director.
Appointed
Thottiyil Shibu was appointed as Director.
Ceased
Ramachandran Sivaraman ceased to be Additional Director.
Ceased
Roney Joseph Vincent ceased to be Director.
Appointed
Bayyareddy Bavadeep Reddy was appointed as Additional Director.
Appointed
Siva Sankar was appointed as Director.
Incorporation
17 Oct 2017
Noval Sustainability Solutions Private Limited was registered on 17 Oct 2017 with Roc Ernakulam & aged 9 years 12 days as per MCA records.
Frequently asked questions
Noval Sustainability Solutions is an active private limited company based in Kottayam, Kerala, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 17 October 2017 (9+ years old) and is registered under CIN U29100KL2017PTC050768.
Noval Sustainability Solutions has 4 current directors:
- Siva Sankar - Director
- Augustine Libin Peous - Director
- Bayyareddy Bavadeep Reddy - Additional Director
- Thottiyil Shibu - Director
The latest financial statements of Noval Sustainability Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Noval Sustainability Solutions is 32AAFCN8118A1ZY, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAFCN8118A1ZL (Karnataka).
The CIN (Corporate Identification Number) of Noval Sustainability Solutions is U29100KL2017PTC050768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noval Sustainability Solutions was incorporated on 17 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Augustine Libin Peous was appointed as Director on 20 Aug 2021. Thottiyil Shibu was appointed as Director on 20 Aug 2021. Ramachandran Sivaraman ceased to be Additional Director on 28 Jan 2020. Noval Sustainability Solutions has 6 board changes on record in total.
Yes, Noval Sustainability Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Noval Sustainability Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-07-0006470).
Noval Sustainability Solutions can be reached through the website novalfeeds.com. Its registered office is in Kottayam, Kerala, India.