Novorbis Itus Private Limited

Novorbis Itus Private Limited - environment in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U31900MP2019PTC048451 Incorporated 25 April 2019 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company environment DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹9.1 Cr
▲ 72% YoY
Net profit · FY 2025
₹23.89 Lakh
Net margin 2.6%
EBITDA · FY 2025
₹53.55 Lakh
EBITDA margin 5.9%
Authorised capital
₹40.15 Lakh
Registered with MCA
Paid-up capital
₹1.25 Lakh
Issued & subscribed
Open charges
₹1.9 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings

About Novorbis Itus Private Limited

Data last updated:

Novorbis Itus Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31900MP2019PTC048451. Its GSTIN is 23AAGCN5099M1ZX (Madhya Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹40.15 Lakh and a paid-up capital of ₹1.25 Lakh. It is led by directors including Divyank Gupta and Harsh Neekhara.

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 Jinsi Chouraha 119 Neelkanth Colony, Indore, Madhya Pradesh, India – 452006.

As per the financials filed for FY 2025, the company reported a revenue of ₹9.1 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹23.89 Lakh (net margin 2.6%) and EBITDA of ₹53.55 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 315% over three years.

The company is associated with 1 brand: Novorbis. As per MCA filings, the company has open charges of ₹1.9 Cr on record.

Novorbis Itus Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0023954). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novorbisitus.com.

Company details

CIN U31900MP2019PTC048451
Registration Number 048451
Incorporation Date 25 April 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0023954

Recognitions & Rankings of Novorbis Itus

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MP-23-0023954

Contact details

Novorbis Itus Private Limited's registered office is in Indore, Madhya Pradesh. Its website is novorbisitus.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Jinsi Chouraha 119 Neelkanth Colony, Indore, Madhya Pradesh, India – 452006
  • Industry
    Environment, Clean Energy Solutions

To see the full contact details of Novorbis Itus Private Limited, buy the company report.

Comprehensive company report
Novorbis Itus 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

Novorbis Itus operates one associated brand: Novorbis. Each brand links to its own profile.

BrandDescriptionWebsite
Filter-less air purifiers for indoor and outdoor use are manufactured.novorbisitus.com

Business activity

The main business activity of Novorbis Itus is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Novorbis Itus Private Limited, buy the company report.

Financials of Novorbis Itus Private Limited

FY 2025 filings available

Novorbis Itus Private Limited reported revenue of ₹9.1 Cr (up 72% YoY) for FY 2025.

Revenue · FY 2025
₹9.1 Cr ▲ 72%
Net profit · FY 2025
₹23.89 Lakh margin 2.6%
EBITDA · FY 2025
₹53.55 Lakh margin 5.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 315%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 636%

Revenue has grown at a compounded annual rate (CAGR) of 315% over three years, including 72% growth in the latest year. EBITDA fell 37% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹53.55 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.89 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.9%
Net Profit Margin2.6%
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 Novorbis Itus Private Limited, buy the company report.

Board of directors of Novorbis Itus Private Limited

Novorbis Itus has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Divyank GuptaDirector25 Apr 20197 Years 5 MonthsCurrent
Harsh NeekharaDirector25 Apr 20197 Years 5 MonthsCurrent
Gagan TripathiDirector25 Apr 20197 Years 5 MonthsCurrent
Adarsh LaddaDirector06 May 20242 Years 5 MonthsCurrent

Auditor

Novorbis Itus Private Limited is audited by KULDEEP PATIDAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KULDEEP PATIDAR & ASSOCIATESFY 2023027395C

Shareholding

The shareholding of Novorbis Itus Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Novorbis Itus Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.50 Cr
Hdfc Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 2025101072251Others₹1.5 CrOpen
28 Mar 2024100921310Hdfc Bank Limited₹40 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Novorbis Itus Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Novorbis Itus Private Limited has 1 active EPFO establishment as of Mar 31, 2024.

Active EPFO establishments
1

GST

Novorbis Itus has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
23AAGCN5099M1ZXMadhya PradeshActive26 Jun 2020
27AAGCN5099M1ZPMaharashtraActive26 Dec 2023

To see the full GST registrations and return filing status of Novorbis Itus Private Limited, buy the company report.

Recent activity

Novorbis Itus Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Adarsh Ladda ceased to be Additional Director on 29 Sep 2024.

AGM
Novorbis Itus Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Novorbis Itus Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101072251 was registered on 24 Feb 2025.
Ceased
Adarsh Ladda ceased to be Additional Director.
Appointed
Adarsh Ladda was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100921310 was registered on 28 Mar 2024.
Appointed
Divyank Gupta was appointed as Director.
Appointed
Gagan Tripathi was appointed as Director.
Appointed
Harsh Neekhara was appointed as Director.
Incorporation
25 Apr 2019
Novorbis Itus Private Limited was registered on 25 Apr 2019 with Roc Gwalior & aged 7 years 6 months as per MCA records.

Frequently asked questions

Novorbis Itus is an active private limited company based in Indore, Madhya Pradesh, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U31900MP2019PTC048451.

Novorbis Itus has 4 current directors:

The latest financial statements of Novorbis Itus 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 FY 2020 are in the company report.

The GSTIN of Novorbis Itus is 23AAGCN5099M1ZX, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCN5099M1ZP (Maharashtra).

The CIN (Corporate Identification Number) of Novorbis Itus is U31900MP2019PTC048451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Novorbis Itus was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.

Adarsh Ladda ceased to be Additional Director on 29 Sep 2024. Adarsh Ladda was appointed as Director on 06 May 2024. Divyank Gupta was appointed as Director on 25 Apr 2019. Novorbis Itus has 5 board changes on record in total.

Yes, Novorbis Itus is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Novorbis Itus is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0023954).

Novorbis Itus can be reached through the website novorbisitus.com. Its registered office is in Indore, Madhya Pradesh, India.