MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0031531
Zastra Innovations Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.23 Lakh
▼ 75% YoY
Net loss · FY 2025
₹29.78 Lakh
Net margin -113.5%
EBITDA · FY 2025
-₹29.68 Lakh
EBITDA margin -113.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.22 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Zastra Innovations Private Limited
Data last updated:
Zastra Innovations Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Materials Design Inc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016FTC092590. Its GSTIN is 29AAACZ9706D1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.22 Lakh. It is led by directors including Thulasingam Jyothi Bhai and Girinath Pillai Gopinathan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.23 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹29.78 Lakh (net margin -113.5%) and EBITDA of -₹29.68 Lakh (EBITDA margin -113.1%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 34% over five years.
The company is associated with 1 brand: Zastra Innovations.
Zastra Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0031531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zastrain.weebly.com.
Company details
CIN U72900KA2016FTC092590
Registration Number 092590
Incorporation Date 27 April 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Materials Design Inc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0031531
Key People
Thulasingam Jyothi Bhai Director Girinath Pillai Gopinathan Director Archana Girinath Director Recognitions & Rankings of Zastra Innovations
Contact details
Zastra Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is zastrain.weebly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address198 2nd Floor, Cmh Road Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Software Development & Support Services, IT Products Retail & Distribution
To see the full contact details of Zastra Innovations Private Limited, buy the company report.
Comprehensive company report
Zastra 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
Zastra Innovations operates one associated brand: Zastra Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Scientific software solutions and support in chemistry, physics, biology, pharmacy, and materials science. | zastrain.com |
Business activity
The main business activity of Zastra 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Zastra Innovations Private Limited, buy the company report.
Financials of Zastra Innovations Private Limited
FY 2025 filings availableZastra Innovations Private Limited reported revenue of ₹26.23 Lakh (down 75% YoY) for FY 2025.
Revenue · FY 2025
₹26.23 Lakh ▼ 75%
Net loss · FY 2025
₹29.78 Lakh margin -113.5%
EBITDA · FY 2025
-₹29.68 Lakh margin -113.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 43%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▼ 647%
3 years · compounded
▼ 48%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 75% fall in the latest year. EBITDA fell 647% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹29.68 Lakh | ||||
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| Net Profit (PAT) | -₹29.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -113.1% | ||||
| Net Profit Margin | -113.5% | ||||
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To see the full financial statements and ratios of Zastra Innovations Private Limited, buy the company report.
Board of directors of Zastra Innovations Private Limited
Zastra Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thulasingam Jyothi Bhai Also directs: Nyro Research India Private Limited | Director | 24 Feb 2022 | 4 Years 8 Months | Current |
| Girinath Pillai Gopinathan | Director | 06 Dec 2016 | 9 Years 10 Months | Current |
| Archana Girinath | Director | 27 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Zastra Innovations Private Limited is audited by HVJ AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HVJ AND ASSOCIATES | FY 2023 | 011440S |
Shareholding
The shareholding of Zastra Innovations 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 Zastra Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Zastra 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
Zastra Innovations Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| HVJ & Associates |
To see the full MSME payment records of Zastra Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Zastra Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ9706D1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zastra Innovations Private Limited, buy the company report.
Recent activity
Zastra Innovations Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Thulasingam Jyothi Bhai ceased to be Additional Director on 30 Sep 2022.
AGM
Zastra Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Zastra Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Thulasingam Jyothi Bhai ceased to be Additional Director.
Appointed
Thulasingam Jyothi Bhai was appointed as Director.
Ceased
Paul William Saxe ceased to be Director.
Ceased
Girinath Pillai Gopinathan ceased to be Additional Director.
Appointed
Girinath Pillai Gopinathan was appointed as Director.
Appointed
Archana Girinath was appointed as Director.
Incorporation
27 Apr 2016
Zastra Innovations Private Limited was registered on 27 Apr 2016 with Roc Bangalore & aged 10 years 6 months as per MCA records.
Frequently asked questions
Zastra Innovations is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 April 2016 (10+ years old) and is registered under CIN U72900KA2016FTC092590.
Zastra Innovations has 3 current directors:
- Thulasingam Jyothi Bhai - Director
- Girinath Pillai Gopinathan - Director
- Archana Girinath - Director
The latest financial statements of Zastra 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 2017 are in the company report.
The GSTIN of Zastra Innovations is 29AAACZ9706D1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Zastra Innovations is U72900KA2016FTC092590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zastra Innovations was incorporated on 27 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Thulasingam Jyothi Bhai ceased to be Additional Director on 30 Sep 2022. Thulasingam Jyothi Bhai was appointed as Director on 24 Feb 2022. Paul William Saxe ceased to be Director on 01 Oct 2018. Zastra Innovations has 6 board changes on record in total.
Yes, Zastra Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0031531).
Zastra Innovations has 2 MSME Form 1 returns on record between 2020 and 2021, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 13 May 2021.
Zastra Innovations can be reached through the website zastrain.weebly.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Zastra Innovations is at 198 2nd Floor, Cmh Road Indiranagar, Bangalore, Karnataka, India – 560038.