MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0002553
Novex Communications Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹124.36 Cr
▲ 23% YoY
Net profit · FY 2024
₹30.52 Cr
Net margin 24.5%
EBITDA · FY 2024
₹43.8 Cr
EBITDA margin 35.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹41.91 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Satisfied ₹27.02 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
57
Provident fund records
About Novex Communications Private Limited
Data last updated:
Novex Communications Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 03 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92132MH2002PTC135397. Its GSTIN is 27AABCN7238H2ZB (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹41.91 Lakh. It is led by directors including Ketan Jaswant Kanakia and Minal Ketan Kanakia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹124.36 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹30.52 Cr (net margin 24.5%) and EBITDA of ₹43.8 Cr (EBITDA margin 35.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Novex Communications. As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹27.02 Cr on record. Court records list 639 cases involving the company, including 560 filed by the company and 79 filed against it; 211 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2006.
Novex Communications Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0002553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novex.in.
Company Details of Novex Communications Private Limited
CIN U92132MH2002PTC135397
Registration Number 135397
Incorporation Date 03 April 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0002553
Recognitions & Rankings of Novex Communications
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No Gr – 1 Ground Floor Remi Biz Court Premises Co – Op Hsg Ltd, Plot No.9 Shah Industrial Estate Off Veera Desai Road Andheri (W), Mumbai, Maharashtra, India – 400058
- IndustryTravel and Hospitality, Consumer Professional Services
Comprehensive company report
Novex Communications 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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Associated Brands
Novex Communications operates one associated brand: Novex Communications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Public performance rights, cable copyright, and anti-piracy services are provided. | novex.in |
Business Activity
The main business activity of Novex Communications is information and communication. In detail, this covers broadcasting and programming activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Novex Communications Private Limited
FY 2025 filings availableNovex Communications Private Limited reported revenue of ₹124.36 Cr (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹124.36 Cr ▲ 23%
Net profit · FY 2024
₹30.52 Cr margin 24.5%
EBITDA · FY 2024
₹43.8 Cr margin 35.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 24%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 23% growth in the latest year. EBITDA rose 24% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹43.8 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹30.52 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 35.2% | |
| Net Profit Margin | 24.5% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Novex Communications are in the company report.
: available in the company report
Board of Directors of Novex Communications Private Limited
Novex Communications has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Jaswant Kanakia Also directs: Novex Realtors Private Limited, Dimensions Communications Private Limited, Tahini Hospitality Private Limited and 3 more | Director | 03 Apr 2002 | 24 Years 6 Months | Current |
| Minal Ketan Kanakia | Director | 01 Jun 2002 | 24 Years 4 Months | Current |
| Miket Ketan Kanakia Also directs: Novex Realtors Private Limited, Dimensions Communications Private Limited, Tahini Hospitality Private Limited and 2 more | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Auditor Details
Novex Communications Private Limited is audited by SANDIP SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANDIP SHAH & CO. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹20 Lakh
Satisfied charges
₹27.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2022 | Others | ₹20 Lakh | Satisfied |
| 18 Jun 2021 | Others | ₹6.7 Cr | Satisfied |
| 31 May 2018 | Others | ₹3 Cr | Satisfied |
| 05 Jun 2015 | Capri Global Capital Limited | ₹93.9 Lakh | Satisfied |
| 18 Jul 2014 | Kotak Mahindra Bank Limited | ₹5.4 Cr | Satisfied |
Total charge records: 12 View all charges
Deals & Funding
Novex Communications Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2006.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Novex Communications Private Limited has 639 court cases on record: 560 filed by Novex Communications, 79 filed against it. 211 cases are pending and 428 are disposed.
Total cases
639
Filed by the company
560
Filed against the company
79
Pending
211
Disposed
428
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 351 | 63 | 154 |
| District courts | 281 | 14 | 56 |
| Supreme Court | 7 | 2 | 1 |
Cases on record (5 of 639)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Pride Hotels Limited | Pending |
| Supreme Court | Petition | Filed against the company by S. Nand Kumar and Company Pvt. Ltd. | Pending |
| Bombay High Court | Court case (APL) | Filed against the company by Mundra Enterprises Private Limited Now Known As Mundra Hotels Resorts Private Limited and 3 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ather Energy Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Averina International Resorts Private Limited | Pending |
: available in 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.
Employees and EPFO Compliance
Novex Communications Private Limited has a workforce of 57 employees as of Apr 07, 2024.
Employee count
57
Active EPFO establishments
1
Employee growth
1.79%
: available in the company report
Recent Activity
Novex Communications Private Limited has 5 board changes on record since 2002: 4 appointments and 1 cessation. The latest: Gopalakrishnan Narayanaswami ceased to be Director on 15 Feb 2019.
Charges
A charge registered on 31 Mar 2022 via Charge ID 100571001 with Others was fully satisfied on 09 Dec 2025.
AGM
Novex Communications Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novex Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 05 Jun 2015 via Charge ID 10575310 with Capri Global Capital Limited was fully satisfied on 21 Oct 2023.
Charges
A charge registered on 18 Jun 2021 via Charge ID 100451991 with Others was fully satisfied on 11 Oct 2023.
Charges
A charge registered on 18 Jul 2014 via Charge ID 10511591 with Kotak Mahindra Bank Limited was fully satisfied on 11 Oct 2023.
Charges
A charge registered on 31 May 2018 via Charge ID 100204956 with Others was fully satisfied on 04 Sep 2023.
Charges
A charge with Others of Rs. 6.70 Cr registered on 18 Jun 2021 with Charge ID 100451991 was modified on 26 Jul 2022.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100571001 was registered on 31 Mar 2022.
Charges
A charge with Others amounted to Rs. 6.70 Cr with Charge ID 100451991 was registered on 18 Jun 2021.
Ceased
Gopalakrishnan Narayanaswami ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100204956 was registered on 31 May 2018.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Novex Communications has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN7238H2ZB | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Novex Communications is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 03 April 2002 (24+ years old) and is registered under CIN U92132MH2002PTC135397.
Novex Communications has 3 current directors:
- Ketan Jaswant Kanakia - Director
- Minal Ketan Kanakia - Director
- Miket Ketan Kanakia - Director
The latest financial statements of Novex Communications on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Novex Communications is 27AABCN7238H2ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Novex Communications is U92132MH2002PTC135397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novex Communications has 639 court cases on record: 560 filed by the company and 79 filed against it. 211 are pending. Most are in the high courts.
Novex Communications was incorporated on 03 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Novex Communications has 1 deal on record (1 secondary share transfer); the latest was in March 2006.
Gopalakrishnan Narayanaswami ceased to be Director on 15 Feb 2019. Gopalakrishnan Narayanaswami was appointed as Director on 14 Oct 2017. Miket Ketan Kanakia was appointed as Director on 01 Apr 2010. Novex Communications has 5 board changes on record in total.
Yes, Novex Communications is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0002553).