About Decimal Systems Private Limited
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Decimal Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ1993PTC018765. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.15 Lakh. It is led by directors including Atul Rasiklal Pandya and Narendra Rasiklal Pandya.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 504 Bhavesh Enterprise Hari Krupa Tower Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.15 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹12,741 (net margin -11.1%) and EBITDA of -₹12,741 (EBITDA margin -11.1%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 14% over five years.
Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website decimalindia.com.
Company details
Contact details
Decimal Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is decimalindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address504 Bhavesh Enterprise Hari Krupa Tower Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Decimal Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Decimal Systems is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Decimal Systems Private Limited, buy the company report.
Financials of Decimal Systems Private Limited
FY 2020 filings availableDecimal Systems Private Limited reported revenue of ₹1.15 Lakh (up 25% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 25% growth in the latest year. EBITDA fell 13% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.15 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹12,741 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12,741 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -11.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Decimal Systems Private Limited, buy the company report.
Board of directors of Decimal Systems Private Limited
Decimal Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Rasiklal Pandya | Director | 01 Jan 1993 | 33 Years 10 Months | Current |
| Narendra Rasiklal Pandya | Director | 01 Jan 1993 | 33 Years 10 Months | Current |
| Ninaben Narendra Pandya | Director | 03 Sep 2018 | 8 Years 2 Months | Current |
Auditor
Decimal Systems Private Limited is audited by KALYANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANI & ASSOCIATES | FY 2019 | 125663W |
Shareholding
The shareholding of Decimal Systems Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Decimal Systems Private Limited, buy the company report.
Legal cases
Decimal Systems Private Limited has 10 court cases on record: 3 filed by Decimal Systems, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed against the company by O.L. of Piramal Financial Services Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Icici Bank Ltd. and 2 others | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Suvik Electronics Pvt.Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Decimal Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Decimal Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Decimal Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Decimal Systems Private Limited, buy the company report.
Recent activity
Decimal Systems Private Limited has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Ninaben Narendra Pandya ceased to be Additional Director on 05 Sep 2018.
Frequently asked questions
Decimal Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 January 1993 (33+ years old) and is registered under CIN U29308GJ1993PTC018765.
Decimal Systems has 3 current directors:
- Atul Rasiklal Pandya - Director
- Narendra Rasiklal Pandya - Director
- Ninaben Narendra Pandya - Director
The latest financial statements of Decimal Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Decimal Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Decimal Systems is U29308GJ1993PTC018765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decimal Systems has 10 court cases on record: 3 filed by the company and 7 filed against it. Most are in the high courts.
Decimal Systems was incorporated on 01 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ninaben Narendra Pandya ceased to be Additional Director on 05 Sep 2018. Ninaben Narendra Pandya was appointed as Director on 03 Sep 2018. Atul Rasiklal Pandya was appointed as Director on 01 Jan 1993. Decimal Systems has 4 board changes on record in total.
Decimal Systems can be reached through the website decimalindia.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Decimal Systems is at 504 Bhavesh Enterprise Hari Krupa Tower Ellisbridge, Ahmedabad, Gujarat, India – 380006.
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