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Piefly R&D (OPC) Private Limited
Piefly R&D (OPC) Private Limited - travel and hospitality in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.23 Cr
▼ 28% YoY
Net loss · FY 2025
₹7.17 Lakh
Net margin -5.8%
EBITDA · FY 2025
₹50.07 Lakh
EBITDA margin 40.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹2.24 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
1
As per MCA filings
About Piefly R&D (OPC) Private Limited
Data last updated:
Piefly R&D (OPC) Private Limited is a one person company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01611KA2020OPC136234.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by director Alur Mahadevaswamy Manoj.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mysore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹7.17 Lakh (net margin -5.8%) and EBITDA of ₹50.07 Lakh (EBITDA margin 40.7%).
The company is associated with 1 brand: Piefly Aerospace. As per MCA filings, the company has open charges of ₹2.24 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01611KA2020OPC136234
Registration Number 136234
Incorporation Date 20 July 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Piefly R&D has one previous CIN (Corporate Identification Number): U73100KA2020OPC136234. The current CIN is U01611KA2020OPC136234, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01611KA2020OPC136234 | Current |
| U73100KA2020OPC136234 | Previous |
Key People
Alur Mahadevaswamy Manoj Director Recognitions & Rankings of Piefly R&D
Contact details
Piefly R&D (OPC) Private Limited's registered office is in Mysore, Karnataka.
- Registered AddressNo. 70 B Block 1st Floor, Ananda Nagar, Mysore, Karnataka, India – 570022
- IndustryTravel and Hospitality, Consumer Professional Services
Comprehensive company report
Piefly R&D (OPC) 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
Piefly R&D operates one associated brand: Piefly Aerospace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive drone-based services for various commercial and industrial needs. | pieflyaerospace.com |
Business activity
The main business activity of Piefly R&D 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 Piefly R&D (OPC) Private Limited, buy the company report.
Financials of Piefly R&D (OPC) Private Limited
FY 2024 filings availablePiefly R&D (OPC) Private Limited reported revenue of ₹1.23 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹1.23 Cr ▼ 28%
Net loss · FY 2025
₹7.17 Lakh margin -5.8%
EBITDA · FY 2025
₹50.07 Lakh margin 40.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 581%
Revenue fell 28% in the latest year. EBITDA rose 101% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹50.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.17 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.7% | ||||
| Net Profit Margin | -5.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Piefly R&D (OPC) Private Limited, buy the company report.
Board of directors of Piefly R&D (OPC) Private Limited
Piefly R&D has 1 director on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alur Mahadevaswamy Manoj Also directs: Piefly Aviation Private Limited | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
Charges & borrowings
Open charges
₹2.24 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2025 | 101100966 | State Bank of India | ₹2.24 Cr | Open |
To see the full charge records of Piefly R&D (OPC) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Piefly R&D (OPC) 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 Piefly R&D (OPC) Private 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 Piefly R&D (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Piefly R&D (OPC) Private Limited has 1 board change on record since 2020: 1 appointment. The latest: Alur Mahadevaswamy Manoj was appointed as Director on 20 Jul 2020.
Charges
A charge with State Bank Of India of Rs. 224.00 Lakh registered on 02 Jun 2025 with Charge ID 101100966 was modified on 20 Jun 2025.
Charges
A charge with State Bank Of India amounted to Rs. 224.00 Lakh with Charge ID 101100966 was registered on 02 Jun 2025.
Filing
Piefly R&D (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
AGM
Piefly R&D (Opc) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Appointed
Alur Mahadevaswamy Manoj was appointed as Director.
Incorporation
20 Jul 2020
Piefly R&D (Opc) Private Limited was registered on 20 Jul 2020 with Roc Bangalore & aged 6 years 3 months as per MCA records.
Frequently asked questions
Piefly R&D is an active company based in Mysore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U01611KA2020OPC136234.
Piefly R&D has 1 current director:
- Alur Mahadevaswamy Manoj - Director
The latest financial statements of Piefly R&D on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Piefly R&D is U01611KA2020OPC136234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piefly R&D was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Alur Mahadevaswamy Manoj was appointed as Director on 20 Jul 2020.
Yes, Piefly R&D is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Piefly R&D is at No. 70 B Block 1st Floor, Ananda Nagar, Mysore, Karnataka, India – 570022.
Piefly R&D operates in the travel and hospitality industry, in the consumer professional services segment.
Piefly R&D has open charges of ₹2.24 Cr and no satisfied charges on record as per latest MCA filings.
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