Startup India Government of India
Testament Innovations Private Limited - electrnoics in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12,285
▲ 244% YoY
Net loss · FY 2024
₹1.43 Lakh
Latest filing
EBITDA · FY 2024
-₹1.43 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Testament Innovations Private Limited
Data last updated:
Testament Innovations Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 24 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2018PTC336879.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishant Mittal and Bhuvan Mittal.
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 A – 175 G Floor Pushpa Niwas Rose Residency Sector 19 Dwarka, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹12,285, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.43 Lakh and EBITDA of -₹1.43 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
The company is associated with 1 brand: SpotHealth.
Testament Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0000338). For more details, the company can be reached via its website spothealth.in.
Company details
CIN U31909DL2018PTC336879
Registration Number 336879
Incorporation Date 24 July 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-10-0000338
Key People
Nishant Mittal Director Bhuvan Mittal Director Recognitions & Rankings of Testament Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-10-0000338
Contact details
Testament Innovations Private Limited's registered office is in Delhi, Delhi. Its website is spothealth.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 175 G Floor Pushpa Niwas Rose Residency Sector 19 Dwarka, Delhi, India – 110075
- IndustryElectrnoics, Electrical Equipment, Manufacturing
To see the full contact details of Testament Innovations Private Limited, buy the company report.
Comprehensive company report
Testament Innovations 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Testament Innovations operates one associated brand: SpotHealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Connects users with nearby doctors and fitness experts through a convenient app. | spothealth.in |
Business activity
The main business activity of Testament Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Testament Innovations Private Limited, buy the company report.
Financials of Testament Innovations Private Limited
FY 2025 filings availableTestament Innovations Private Limited reported revenue of ₹12,285 (up 244% YoY) for FY 2024.
Revenue · FY 2024
₹12,285 ▲ 244%
Net loss · FY 2024
₹1.43 Lakh
EBITDA · FY 2024
-₹1.43 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 244%
3 years · compounded
▼ 82%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 44%
5 years · compounded
▲ 14%
Revenue rose 244% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 82%. EBITDA fell 60% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Testament Innovations Private Limited, buy the company report.
Board of directors of Testament Innovations Private Limited
Testament Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Mittal | Director | 24 Jul 2018 | 8 Years 3 Months | Current |
| Bhuvan Mittal Also directs: Eas Consultants Private Limited, Iqresearch Private Limited | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Testament Innovations Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indimedi Solutions Private Limited | ₹12,418 (FY 2025) | -100.0% | Sanand, Gujarat, India | |||
| Clikiz Technologies Private Limited | ₹12,377 (FY 2021) | -81.0% | Nagpur, Maharashtra, India | |||
| Escuben Technologies Private Limited | ₹12,303 (FY 2019) | 188.0% | Hyderabad, Telangana, India | |||
| Ybit Labs Private Limited | ₹12,300 (FY 2016) | New Delhi, Delhi, India | ||||
| Testament Innovations Private Limitedthis company | ₹12,285 (FY 2024) | -₹1.43 Lakh | 244.0% | Delhi, India | ||
| Pinetree Software and Technologies Private Limited | ₹12,135 (FY 2018) | Navi Mumbai, Maharashtra, India | ||||
| Jet Solutions Private Limited | ₹12,100 (FY 2018) | 5.0% | Kolkata, West Bengal, India | |||
| Countbucks Infotech Private Limited | ₹12,050 (FY 2019) | Secunderabad, Telangana, India | ||||
| Enzigma Solutions Private Limited | ₹12,009 (FY 2019) | -89.0% | Pune, Maharashtra, India |
To see the full peer comparison of Testament Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Testament Innovations 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 Testament Innovations 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 Testament Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Testament Innovations Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Bhuvan Mittal ceased to be Additional Director on 30 Nov 2021.
AGM
Testament Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Testament Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Bhuvan Mittal ceased to be Additional Director.
Ceased
Avneesh Khanna ceased to be Director.
Appointed
Bhuvan Mittal was appointed as Director.
Appointed
Nishant Mittal was appointed as Director.
Incorporation
24 Jul 2018
Testament Innovations Private Limited was registered on 24 Jul 2018 with Roc Delhi Ii & aged 8 years 3 months as per MCA records.
Frequently asked questions
Testament Innovations is an active private limited company based in Delhi, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 24 July 2018 (8+ years old) and is registered under CIN U31909DL2018PTC336879.
Testament Innovations has 2 current directors:
- Nishant Mittal - Director
- Bhuvan Mittal - Director
The latest financial statements of Testament Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Testament Innovations is U31909DL2018PTC336879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Testament Innovations was incorporated on 24 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Testament Innovations by revenue are Indimedi Solutions Private Limited, Clikiz Technologies Private Limited, Escuben Technologies Private Limited, Ybit Labs Private Limited, Pinetree Software and Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhuvan Mittal ceased to be Additional Director on 30 Nov 2021. Avneesh Khanna ceased to be Director on 24 Mar 2021. Bhuvan Mittal was appointed as Director on 22 Mar 2021. Testament Innovations has 4 board changes on record in total.
Yes, Testament Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Testament Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0000338).
Testament Innovations can be reached through the website spothealth.in. Its registered office is in Delhi, India.
The registered office of Testament Innovations is at A – 175 G Floor Pushpa Niwas Rose Residency Sector 19 Dwarka, Delhi, India – 110075.