About Stellar Innovations Private Limited
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Stellar Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC086010. Its GSTIN is 29AAWCS8576Q1ZO (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹10.68 Lakh. It is led by directors including Ravi Bhushan (Managing Director) and Manoj Kumar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.98 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.59 Cr (net margin 6.2%) and EBITDA of ₹13.61 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 41% over five years.
The company has about 1,086 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.51 Cr and satisfied charges of ₹49.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stellaripl.com.
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- Website
- Social Media
- Registered Address# Tirumala #27 Doddanekundi Phase II Industrial Area, Mahadevepura Post, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support 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 Stellar Innovations Private Limited
The main business activity of Stellar Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Stellar Innovations Private Limited FY 2024 filings available
Stellar Innovations Private Limited reported revenue of ₹73.98 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Stellar Innovations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 16% growth in the latest year. EBITDA rose 42% 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 Stellar Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹13.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.59 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Stellar Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 Stellar Innovations are in the company report.
Financial statements from FY 2016
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 Stellar Innovations Private Limited
Stellar Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication 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 |
|---|---|---|---|---|---|---|
| Mastercard XBS Technologies Private Limited | ₹75.05 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Brickwork India Private Limited | ₹74.98 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Ipdna Communications and Services Private Limited | ₹74.3 Cr (FY 2019) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Easyrewardz Software Services Private Limited | ₹74.21 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Gurgaon, Haryana, India |
| V Synergize Outsourcing Private Limited | ₹73.99 Cr (FY 2023) | •••• | •••• | 52.0% | •••• | Pune, Maharashtra, India |
| Stellar Innovations Private Limited this company | ₹73.98 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Diksha Technologies Private Limited | ₹73.96 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Bengaluru, Karnataka, India |
| Airowire Networks Private Limited | ₹73.83 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Altinvest Online Platform Private Limited | ₹73.54 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Bengaluru, Karnataka, India |
| S N A Infotech Private Limited | ₹73.47 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Et Medialabs Private Limited | ₹73.43 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Stellar Innovations by revenue in the same principal business activity (Other information & communication 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 Stellar Innovations Private Limited
Stellar Innovations Private Limited is audited by KISHORE P & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KISHORE P & CO | 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 Stellar Innovations Private Limited
Stellar Innovations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Also directs: Mercurius Solutions Private Limited | Director | 20 Jun 2018 | 8 Years 3 Months | Current |
| Shakthi Krishnan Also directs: Mercurius Solutions Private Limited | Director | 30 Nov 2017 | 8 Years 10 Months | Current |
| Anish Thomas | Additional Director | 08 Jul 2025 | 1 Years 3 Months | Current |
| Ravi Bhushan | Managing Director | 30 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Stellar Innovations 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 Stellar Innovations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2023 | Hdfc Bank Limited | ₹2.95 Cr | Open |
| 02 Sep 2021 | Hdfc Bank Limited | ₹21.14 Cr | Open |
| 13 Nov 2020 | Others | ₹32 Lakh | Open |
| 21 Oct 2020 | Others | ₹50 Lakh | Open |
| 16 May 2020 | Hdfc Bank Limited | ₹18.66 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Stellar Innovations Private Limited
Stellar Innovations Private Limited has a workforce of 1,086 employees as of Mar 30, 2024.
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 Stellar Innovations Private Limited
Stellar Innovations Private Limited has 8 board changes on record since 2016: 6 appointments and 2 cessations. The latest: Anish Thomas was appointed as Additional Director on 08 Jul 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Stellar Innovations 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 Stellar Innovations 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 Stellar Innovations 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 Stellar Innovations Private Limited
Stellar Innovations has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS8576Q1ZO | Karnataka | Active | 01 Jul 2017 |
| 29AAWCS8576Q2ZN | Karnataka | Active | 18 Apr 2018 |
| 33AAWCS8576Q1ZZ | Tamil Nadu | Active | 01 Oct 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 Stellar Innovations 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.
Related news about Stellar Innovations Private Limited
Frequently Asked Questions about Stellar Innovations Private Limited
Stellar Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 February 2016 (10+ years old) and is registered under CIN U72200KA2016PTC086010.
Stellar Innovations reported revenue of ₹73.98 Cr for FY 2024 (up 16% YoY).
Stellar Innovations has 4 current directors:
- Ravi Bhushan - Managing Director
- Manoj Kumar - Director
- Shakthi Krishnan - Director
- Anish Thomas - Additional Director
Stellar Innovations reported a net profit of ₹4.59 Cr (net margin 6.2%) and EBITDA of ₹13.61 Cr (EBITDA margin 18.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Stellar Innovations is 12% over three years and 41% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Stellar Innovations is 29AAWCS8576Q1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAWCS8576Q2ZN (Karnataka), 33AAWCS8576Q1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Stellar Innovations is U72200KA2016PTC086010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stellar Innovations was incorporated on 11 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Stellar Innovations by revenue are Mastercard XBS Technologies Private Limited, Brickwork India Private Limited, Ipdna Communications and Services Private Limited, Easyrewardz Software Services Private Limited, V Synergize Outsourcing Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Anish Thomas was appointed as Additional Director on 08 Jul 2025. Ravi Bhushan was appointed as Managing Director on 30 Mar 2025. Manjunath Narasimhan ceased to be Director on 20 Jun 2018. Stellar Innovations has 8 board changes on record in total.
Stellar Innovations can be reached through the website stellaripl.com. Its registered office is in Bangalore, Karnataka, India.