Source91 Network Private Limited
About Source91 Network Private Limited
Data last updated:
Source91 Network Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the services sector. It was incorporated on 18 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74920KA2011PTC061229. Its GSTIN is 29AAQCS6675L1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Roshan Chandy and Vijay Chandy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sanctuary 102 36 Thmain 2 Ndcross Btm2Ndstage, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.36 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹29,418 (net margin -1%) and EBITDA of -₹40,590 (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 351% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSanctuary 102 36 Thmain 2 Ndcross Btm2Ndstage, Bangalore, Karnataka, India – 560068
- IndustryService, Other Services
- 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
- One PDF report, delivered after checkout
Business Activity of Source91 Network Private Limited
The main business activities of Source91 Network are personal and household service and financial and insurance service. In detail, this covers other personal service activities and other financial activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Source91 Network Private Limited FY 2025 filings available
Source91 Network Private Limited reported revenue of ₹30.36 Lakh (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Source91 Network Private Limited
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 105% 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 Source91 Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹40,590 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29,418 | •••• | •••• | •••• | •••• |
| 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 Source91 Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1% | •••• | •••• | •••• | •••• |
| 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 Source91 Network are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Source91 Network Private Limited
Source91 Network Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other Personal service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chan-Ban Marketing Network Private Limited | ₹30.85 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Burdwan, West Bengal, India |
| Vibhava Fitness Health and Realty Private Limited | ₹30.83 Lakh (FY 2019) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Thoro Clean Fabric Private Limited | ₹30.62 Lakh (FY 2024) | •••• | •••• | 74.0% | •••• | Pune, Maharashtra, India |
| Dreambox Services Private Limited | ₹30.61 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Karnataka, India |
| Spaziosparsh Unisex Spa and Saloon Private Limited | ₹30.6 Lakh (FY 2020) | •••• | •••• | 299.0% | •••• | Bangalore, Karnataka, India |
| Source91 Network Private Limited this company | ₹30.36 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Bangalore, Karnataka, India |
| Vellness Ventures Private Limited | ₹30.25 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Caranzalem, Goa, India |
| Sublet Solutions Private Limited | ₹30.23 Lakh (FY 2025) | •••• | •••• | 141.0% | •••• | Bangalore, Karnataka, India |
| Sam and Jas Salon & Spa Private Limited | ₹30.2 Lakh (FY 2022) | •••• | •••• | 449.0% | •••• | Mumbai, Maharashtra, India |
| Oscar Udyog Private Limited | ₹29.84 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Intensive Pest Control Private Limited | ₹29.68 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Source91 Network by revenue in the same principal business activity (Other Personal service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Source91 Network Private Limited
Source91 Network Private Limited is audited by Rugmani Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rugmani Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Source91 Network Private Limited
Source91 Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshan Chandy | Director | 18 Nov 2011 | 14 Years 10 Months | Current |
| Vijay Chandy | Director | 18 Nov 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Source91 Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Source91 Network Private Limited
Source91 Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Source91 Network Private Limited
Employment history and EPFO contributions of people linked to Source91 Network.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Source91 Network Private Limited
Source91 Network Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Roshan Chandy was appointed as Director on 18 Nov 2011.
Credit Ratings, Litigation & Regulatory Alerts for Source91 Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Source91 Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Source91 Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Source91 Network Private Limited
Source91 Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS6675L1Z8 | Karnataka | Active | 14 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Source91 Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Source91 Network Private Limited
Source91 Network is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the service industry. It was incorporated on 18 November 2011 (15+ years old) and is registered under CIN U74920KA2011PTC061229.
Source91 Network reported revenue of ₹30.36 Lakh for FY 2025 (down 61% YoY).
Source91 Network has 2 current directors:
- Roshan Chandy - Director
- Vijay Chandy - Director
Source91 Network reported a net loss of ₹29,418 (net margin -1%) and EBITDA of -₹40,590 (EBITDA margin -1.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Source91 Network is 351% over three years and 19% over five years. In the latest year (FY 2025) revenue fell 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Source91 Network is 29AAQCS6675L1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Source91 Network is U74920KA2011PTC061229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Source91 Network was incorporated on 18 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Source91 Network by revenue are Chan-Ban Marketing Network Private Limited, Vibhava Fitness Health and Realty Private Limited, Thoro Clean Fabric Private Limited, Dreambox Services Private Limited, Spaziosparsh Unisex Spa and Saloon Private Limited and 5 more, all in the same principal business activity (Other Personal service activities).
Roshan Chandy was appointed as Director on 18 Nov 2011. Vijay Chandy was appointed as Director on 18 Nov 2011.
The registered office of Source91 Network is at Sanctuary 102 36 Thmain 2 Ndcross Btm2Ndstage, Bangalore, Karnataka, India – 560068.