MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0057868
Pinnacle Innovatory Services Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.99 Cr
▼ 58% YoY
Net loss · FY 2024
₹1.84 Cr
Net margin -37%
EBITDA · FY 2024
-₹1.08 Cr
EBITDA margin -21.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Pinnacle Innovatory Services Private Limited
Data last updated:
Pinnacle Innovatory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 13 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC282323. Its GSTIN is 27AAICP7219F1ZA (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pinacle Multitrade Solutions Private Limited and Pinacle Trading Solutions Services Private Limited. It is led by directors Ahalya Gunapal Chowta and Smitha Anil Chowta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.99 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr (net margin -37%) and EBITDA of -₹1.08 Cr (EBITDA margin -21.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 3 cases are pending.
Pinnacle Innovatory Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0057868). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecosac.co.
Company details
CIN U74999MH2016PTC282323
Registration Number 282323
Incorporation Date 13 June 2016
ROC Mumbai
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-MH-19-0057868
Name history
Pinnacle Innovatory Services has undergone 2 name changes throughout its history. The company was previously known as Pinacle Multitrade Solutions Private Limited, and Pinacle Trading Solutions Services Private Limited. The current legal name is Pinnacle Innovatory Services Private Limited.
| Company Name | Status |
|---|---|
| Pinnacle Innovatory Services Private Limited | Current |
| Pinacle Multitrade Solutions Private Limited | Previous |
| Pinacle Trading Solutions Services Private Limited | Previous |
Recognitions & Rankings of Pinnacle Innovatory Services
Contact details
Pinnacle Innovatory Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is ecosac.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot 12 Flat 408 A Wing Hill Side Chsl Raheja Vihar Chandivali Farm Road Andh, Eri (East), Mumbai, Maharashtra, India – 400072
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Pinnacle Innovatory Services Private Limited, buy the company report.
Comprehensive company report
Pinnacle Innovatory Services 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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Business activity
The main business activity of Pinnacle Innovatory Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pinnacle Innovatory Services Private Limited, buy the company report.
Financials of Pinnacle Innovatory Services Private Limited
FY 2024 filings availablePinnacle Innovatory Services Private Limited reported revenue of ₹4.99 Cr (down 58% YoY) for FY 2024.
Revenue · FY 2024
₹4.99 Cr ▼ 58%
Net loss · FY 2024
₹1.84 Cr margin -37%
EBITDA · FY 2024
-₹1.08 Cr margin -21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 10%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 329%
3 years · compounded
▼ 75%
5 years · compounded
▼ 96%
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 329% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.7% | ||||
| Net Profit Margin | -37% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Pinnacle Innovatory Services Private Limited, buy the company report.
Board of directors of Pinnacle Innovatory Services Private Limited
Pinnacle Innovatory Services has 2 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 |
|---|---|---|---|---|
| Ahalya Gunapal Chowta | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
| Smitha Anil Chowta | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Pinnacle Innovatory Services Private Limited is audited by A C N J & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A C N J & Co. | FY 2022 | 016804C |
Shareholding
The shareholding of Pinnacle Innovatory Services 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 Pinnacle Innovatory Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2021 | 100455447 | Others | ₹30 Lakh | Open |
To see the full charge records of Pinnacle Innovatory Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Pinnacle Innovatory Services Private Limited has 5 court cases on record: 4 filed by Pinnacle Innovatory Services, 1 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed by the company against SNNR Private Limited and Ors Through Director | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Sushila Tripathi Sole Proprietor Shubh Sagar Corporation | Pending |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against an individual | Disposed |
To see the full case history of Pinnacle Innovatory Services Private Limited, buy 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pinnacle Innovatory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pinnacle Innovatory Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP7219F1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pinnacle Innovatory Services Private Limited, buy the company report.
Recent activity
Pinnacle Innovatory Services Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Sai Sudarshan Mohan Guntur ceased to be Director on 22 Mar 2021.
AGM
Pinnacle Innovatory Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pinnacle Innovatory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 30.00 Lakh registered on 14 Jun 2021 with Charge ID 100455447 was modified on 30 Jun 2023.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100455447 was registered on 14 Jun 2021.
Ceased
Sai Sudarshan Mohan Guntur ceased to be Director.
Appointed
Ahalya Gunapal Chowta was appointed as Director.
Appointed
Smitha Anil Chowta was appointed as Director.
Incorporation
13 Jun 2016
Pinnacle Innovatory Services Private Limited was registered on 13 Jun 2016 with Roc Mumbai & aged 10 years 4 months as per MCA records.
Frequently asked questions
Pinnacle Innovatory Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 13 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282323.
Pinnacle Innovatory Services has 2 current directors:
- Ahalya Gunapal Chowta - Director
- Smitha Anil Chowta - Director
The latest financial statements of Pinnacle Innovatory Services 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 FY 2017 are in the company report.
The GSTIN of Pinnacle Innovatory Services is 27AAICP7219F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pinnacle Innovatory Services is U74999MH2016PTC282323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pinnacle Innovatory Services has 5 court cases on record: 4 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Pinnacle Innovatory Services was incorporated on 13 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Sai Sudarshan Mohan Guntur ceased to be Director on 22 Mar 2021. Ahalya Gunapal Chowta was appointed as Director on 13 Jun 2016. Smitha Anil Chowta was appointed as Director on 13 Jun 2016.
Yes, Pinnacle Innovatory Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0057868).
Pinnacle Innovatory Services can be reached through the website ecosac.co. Its registered office is in Mumbai, Maharashtra, India.
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