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Skyin Apps Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹28.22 Lakh
▼ 62% YoY
Net loss · FY 2022
₹12.22 Lakh
Net margin -43.3%
EBITDA · FY 2022
-₹11.29 Lakh
EBITDA margin -40%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Skyin Apps Private Limited
Data last updated:
Skyin Apps Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC116062. Its GSTIN is 36AAYCS3775P2Z1 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Bhaskar Rao Khanderao and Sunil Kumar Khanderao.
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 Flat No:303 Dhanapuneni Residency Plotno 10 12 Saraswathinagar Colony Lothukunta, Hyderabad, Telangana, India – 500015.
As per the financials filed for FY 2022, the company reported a revenue of ₹28.22 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹12.22 Lakh (net margin -43.3%) and EBITDA of -₹11.29 Lakh (EBITDA margin -40%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
The company is associated with 1 brand: Appcare.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website appcare.co.in.
Company Details of Skyin Apps Private Limited
CIN U72900TG2017PTC116062
Registration Number 116062
Incorporation Date 22 March 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Skyin Apps
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No:303 Dhanapuneni Residency Plotno 10 12 Saraswathinagar Colony Lothukunta, Hyderabad, Telangana, India – 500015
- IndustryInformation Technology, Application Development & Software Solutions
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Associated Brands with Skyin Apps Private Limited
Skyin Apps operates one associated brand: Appcare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers monitoring and maintenance services for mobile applications. | appcare.co.in |
Financials of Skyin Apps Private Limited FY 2024 filings available
Skyin Apps Private Limited reported revenue of ₹28.22 Lakh (down 62% YoY) for FY 2022.
Revenue · FY 2022
₹28.22 Lakh ▼ 62%
Net loss · FY 2022
₹12.22 Lakh margin -43.3%
EBITDA · FY 2022
-₹11.29 Lakh margin -40%
Compounded Annual Growth Rate (CAGR) of Skyin Apps Private Limited
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 14%
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 62% fall 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 of Skyin Apps Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹28.22 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹11.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.22 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 of Skyin Apps Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -43.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Skyin Apps are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Skyin Apps Private Limited
Skyin Apps has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Rao Khanderao | Director | 22 Mar 2017 | 9 Years 6 Months | Current |
| Sunil Kumar Khanderao | Director | 22 Mar 2017 | 9 Years 6 Months | Current |
Auditor Details of Skyin Apps Private Limited
Skyin Apps Private Limited is audited by PRANAV & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRANAV & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Skyin Apps Private Limited
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Charges & Borrowings of Skyin Apps Private Limited
Skyin Apps Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Skyin Apps Private Limited
Employment history and EPFO contributions of people linked to Skyin Apps.
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Employee and EPFO history
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Recent Activity on Skyin Apps Private Limited
Skyin Apps Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Bhaskar Rao Khanderao was appointed as Director on 22 Mar 2017.
AGM
Skyin Apps Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Skyin Apps Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Bhaskar Rao Khanderao was appointed as Director.
Appointed
Sunil Kumar Khanderao was appointed as Director.
Incorporation
22 Mar 2017
Skyin Apps Private Limited was registered on 22 Mar 2017 with Roc Hyderabad & aged 9 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Skyin Apps Private Limited
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MSME Payment Delays by Skyin Apps Private Limited
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Subsidiaries & Group Companies of Skyin Apps Private Limited
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GST Compliance of Skyin Apps Private Limited
Skyin Apps has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAYCS3775P2Z1 | Telangana | Active | 20 Oct 2020 |
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MCA Filings & Documents of Skyin Apps Private Limited
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Frequently Asked Questions about Skyin Apps Private Limited
Skyin Apps is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 March 2017 (9+ years old) and is registered under CIN U72900TG2017PTC116062.
Skyin Apps reported revenue of ₹28.22 Lakh for FY 2022 (down 62% YoY).
Skyin Apps has 2 current directors:
- Bhaskar Rao Khanderao - Director
- Sunil Kumar Khanderao - Director
Skyin Apps reported a net loss of ₹12.22 Lakh (net margin -43.3%) and EBITDA of -₹11.29 Lakh (EBITDA margin -40%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Skyin Apps is -14% over three years. In the latest year (FY 2022) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Skyin Apps is 36AAYCS3775P2Z1, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Skyin Apps is U72900TG2017PTC116062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skyin Apps was incorporated on 22 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhaskar Rao Khanderao was appointed as Director on 22 Mar 2017. Sunil Kumar Khanderao was appointed as Director on 22 Mar 2017.
Yes, Skyin Apps is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).