MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0047446
Orbit Innovations Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.12 Cr
▲ 18% YoY
Net profit · FY 2023
₹74.78 Lakh
Net margin 10.5%
EBITDA · FY 2023
₹3.75 Cr
EBITDA margin 52.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.6 Lakh
Issued & subscribed
Open charges
₹98 Lakh
Satisfied ₹25.5 Lakh
Company age
20 yrs
Est. 2006
Employees · EPFO
27
Provident fund records
About Orbit Innovations Private Limited
Data last updated:
Orbit Innovations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2006PTC061824. Its GSTIN is 33AAACO8807A1ZW (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.6 Lakh. It is led by directors Balaraman Lakshmi (Managing Director) and Balaji.
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 3rd Floor Sr Centre No.9 Sriman Srinivasan Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.12 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹74.78 Lakh (net margin 10.5%) and EBITDA of ₹3.75 Cr (EBITDA margin 52.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98 Lakh and satisfied charges of ₹25.5 Lakh on record.
Orbit Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0047446). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orbitinnovations.com.
Company details
CIN U72900TN2006PTC061824
Registration Number 061824
Incorporation Date 21 December 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0047446
Recognitions & Rankings of Orbit Innovations
Contact details
Orbit Innovations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is orbitinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Sr Centre No.9 Sriman Srinivasan Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Orbit Innovations Private Limited, buy the company report.
Comprehensive company report
Orbit Innovations 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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Secure checkout · GST invoice included
Financials of Orbit Innovations Private Limited
FY 2024 filings availableOrbit Innovations Private Limited reported revenue of ₹7.12 Cr (up 18% YoY) for FY 2023.
Revenue · FY 2023
₹7.12 Cr ▲ 18%
Net profit · FY 2023
₹74.78 Lakh margin 10.5%
EBITDA · FY 2023
₹3.75 Cr margin 52.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 22%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 33%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 18% growth in the latest year. EBITDA rose 80% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.7% | ||||
| Net Profit Margin | 10.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Orbit Innovations Private Limited, buy the company report.
Board of directors of Orbit Innovations Private Limited
Orbit Innovations has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
| Balaraman Lakshmi Also directs: Adhame LLP | Managing Director | 21 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Orbit Innovations Private Limited is audited by KANNAN AND ALAMELU for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANNAN AND ALAMELU | FY 2023 | 009087S |
Shareholding
The shareholding of Orbit Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orbit Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹98 Lakh
Satisfied charges
₹25.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2017 | 100110738 | Others | ₹98 Lakh | Open | |
| 26 Jun 2021 | 100459085 | Standard Chartered Bank | ₹10.5 Lakh | Satisfied | |
| 07 Apr 2012 | 10346606 | Bank of Baroda | ₹15 Lakh | Satisfied |
To see the full charge records of Orbit Innovations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Orbit Innovations 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 Orbit Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Orbit Innovations Private Limited has a workforce of 27 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
GST
Orbit Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACO8807A1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orbit Innovations Private Limited, buy the company report.
Recent activity
Orbit Innovations Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: . . Balaji ceased to be Additional Director on 29 Sep 2023.
AGM
Orbit Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Orbit Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
. . Balaji ceased to be Additional Director.
Appointed
Balaji was appointed as Director.
Charges
A charge with Others of Rs. 98.00 Lakh registered on 15 Jun 2017 with Charge ID 100110738 was modified on 30 Mar 2023.
Ceased
Balaraman Lakshmi ceased to be Director.
Charges
A charge registered on 26 Jun 2021 via Charge ID 100459085 with Standard Chartered Bank was fully satisfied on 13 Sep 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 10.50 Lakh with Charge ID 100459085 was registered on 26 Jun 2021.
Ceased
Bhuvana Sundar Nikhilla ceased to be Additional Director.
Ceased
Uma Balaraman ceased to be Director.
Ceased
Ramanathan Balaraman ceased to be Additional Director.
Charges
A charge registered on 07 Apr 2012 via Charge ID 10346606 with Bank Of Baroda was fully satisfied on 16 Nov 2017.
4 earlier events are in the company report.
Frequently asked questions
Orbit Innovations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 December 2006 (20+ years old) and is registered under CIN U72900TN2006PTC061824.
Orbit Innovations has 2 current directors:
- Balaraman Lakshmi - Managing Director
- Balaji - Director
The latest financial statements of Orbit Innovations 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 2015 are in the company report.
The GSTIN of Orbit Innovations is 33AAACO8807A1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Orbit Innovations is U72900TN2006PTC061824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orbit Innovations was incorporated on 21 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
. Balaji ceased to be Additional Director on 29 Sep 2023. Balaji was appointed as Director on 24 Jul 2023. Balaraman Lakshmi ceased to be Director on 29 Nov 2022. Orbit Innovations has 7 board changes on record in total.
Yes, Orbit Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0047446).
Orbit Innovations can be reached through the website orbitinnovations.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Orbit Innovations is at 3rd Floor Sr Centre No.9 Sriman Srinivasan Road Alwarpet, Chennai, Tamil Nadu, India – 600018.