Pi Innoventures Limited
About Pi Innoventures Limited
Data last updated:
Pi Innoventures Limited is a public limited company based in Udaipur, Rajasthan, India, a subsidiary of Pi Industries Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65990RJ1992PLC055823.
The company has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹36 Lakh. It was formerly known as Pill Finance and Investments Limited. It is led by directors including Rajnish Sarna and Atulkumar Virendrakumar Gupta.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Udaisagar Road, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2026, the company reported a revenue of ₹46.9 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹4 Lakh (net margin 8.5%) and EBITDA of ₹11.2 Lakh (EBITDA margin 23.9%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Pi Innoventures has one previous CIN (Corporate Identification Number): U65990GJ1992PLC018163. The current CIN is U65990RJ1992PLC055823, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990RJ1992PLC055823 | Current |
| U65990GJ1992PLC018163 | Previous |
Contact details
Pi Innoventures Limited's registered office is in Udaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUdaisagar Road, Udaipur, Rajasthan, India – 313001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Pi Innoventures Limited, buy the company report.
- 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 Pi Innoventures is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Pi Innoventures Limited, buy the company report.
Financials of Pi Innoventures Limited
FY 2026 filings availablePi Innoventures Limited reported revenue of ₹46.9 Lakh (down 35% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 67%. EBITDA fell 84% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46.9 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.9% | ||||
| Net Profit Margin | 8.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pi Innoventures Limited, buy the company report.
Board of directors of Pi Innoventures Limited
Pi Innoventures has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnish Sarna Also directs: Pi Fermachem Private Limited, Pi Bioferma Private Limited, Pi Industries Limited and 3 more | Director | 26 Sep 2014 | 12 Years 1 Months | Current |
| Atulkumar Virendrakumar Gupta Also directs: Pi Bioferma Private Limited, Pi Industries Limited, Pi Health Sciences Limited and 2 more | Director | 25 Jan 2024 | 2 Years 9 Months | Current |
| Girish Narayan Kulai | Additional Director | 21 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Pi Innoventures Limited is audited by S.S. KOTHARI MEHTA & CO. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. KOTHARI MEHTA & CO. LLP | FY 2026 | 000756N/N500441 |
Shareholding
The shareholding of Pi Innoventures Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pi Innoventures Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pi Innoventures 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 Pi Innoventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Pi Innoventures Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pi Innoventures Limited has 10 board changes on record since 2007: 4 appointments and 6 cessations. The latest: Girish Narayan Kulai was appointed as Additional Director on 21 Nov 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Pi Innoventures is an active public limited company based in Udaipur, Rajasthan, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 August 1992 (34+ years old) and is registered under CIN U65990RJ1992PLC055823.
Pi Innoventures has 3 current directors:
- Rajnish Sarna - Director
- Atulkumar Virendrakumar Gupta - Director
- Girish Narayan Kulai - Additional Director
The latest financial statements of Pi Innoventures on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pi Innoventures is U65990RJ1992PLC055823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pi Innoventures was incorporated on 17 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Jaipur.
Girish Narayan Kulai was appointed as Additional Director on 21 Nov 2025. Atulkumar Virendrakumar Gupta ceased to be Additional Director on 17 Jul 2024. Prashant Janardhan Hegde ceased to be Additional Director on 17 Jul 2024. Pi Innoventures has 10 board changes on record in total.
The registered office of Pi Innoventures is at Udaisagar Road, Udaipur, Rajasthan, India – 313001.
Pi Innoventures operates in the financial services industry, in the diversified financial services segment.
The compliance status of Pi Innoventures is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Pi Innoventures was formerly known as Pill Finance And Investments Limited.
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.
