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Nova Benefits-logo
Nova Benefits
Nova Benefits-logoNova Benefits-logo
Nova Benefits

Nova Benefits - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
NOVABENEFITS INSURANCE BROKERS PRIVATE LIMITED
Private
NOVABENEFITS INSURANCE BROKERS PRIVATE LIMITED
2020
2020

Founded in 2020, Nova Benefits operates in Health Tech industry. Initially focusing on streamlining benefits administration, the company has evolved to offer a comprehensive suite of HR solutions. Nov...

Funding stage:

Venture Round

Last funding:

09/05/2022

Total funding:

$11.00 Mn+

Revenue:

₹7.8 Cr+ (FY25)

Investors

Employee count:

114

Last 90d

114

Last 90d

Web traffic:

21.11K

21.11K

Last 30d

Last 30d

Glassdoor Rating:

Nova Benefits: Financial Breakdown

Decoding financial health metrics of Nova Benefits

  • total_revenue_logo
    Total Revenue
    ₹8.7 Cr
    176%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹9.8 Cr
    112%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-1.1 Cr
    27%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹5.3 Cr
    70%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -12.0%
    73%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of Nova Benefits

No. In FY25, Nova Benefits reported a net loss of ₹4.6 Cr, so it was not profitable.

Nova Benefits's revenue declined 10.5% year-on-year, from ₹8.7 Cr in FY24 to ₹7.8 Cr in FY25.

In FY25, Nova Benefits posted revenue of ₹7.8 Cr (down 10.5% YoY) and a net loss of ₹4.6 Cr. Explore the full financials of Nova Benefits here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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