MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0016933
Elbiz Systems Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹57.34 Lakh
▼ 44% YoY
Net loss · FY 2023
₹63.93 Lakh
Net margin -111.5%
EBITDA · FY 2023
-₹10.03 Lakh
EBITDA margin -17.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹84 Lakh
Issued & subscribed
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Elbiz Systems Private Limited
Data last updated:
Elbiz Systems Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 08 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2001PTC014582. Its GSTIN is 23AAGCS8134E1ZJ (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84 Lakh. It was formerly known as Shukrasoft Solutions Private Limited. It is led by directors Praveen Vyas (Managing Director) and Nidhi Vyas.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No. 201 Kanchan Sagar 18 A.B. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2023, the company reported a revenue of ₹57.34 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹63.93 Lakh (net margin -111.5%) and EBITDA of -₹10.03 Lakh (EBITDA margin -17.5%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 27% over five years.
The company is associated with 1 brand: Elbiz. Court records list 12 cases involving the company, including 12 filed against it; 6 cases are pending.
Elbiz Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0016933). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elbizsystems.com.
Company details
CIN U72200MP2001PTC014582
Registration Number 014582
Incorporation Date 08 March 2001
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0016933
Recognitions & Rankings of Elbiz Systems
Contact details
Elbiz Systems Private Limited's registered office is in Indore, Madhya Pradesh. Its website is elbizsystems.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShop No. 201 Kanchan Sagar 18 A.B. Road, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Elbiz Systems Private Limited, buy the company report.
Comprehensive company report
Elbiz Systems 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
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Business activity
The main business activity of Elbiz Systems is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Elbiz Systems Private Limited, buy the company report.
Financials of Elbiz Systems Private Limited
FY 2023 filings availableElbiz Systems Private Limited reported revenue of ₹57.34 Lakh (down 44% YoY) for FY 2023.
Revenue · FY 2023
₹57.34 Lakh ▼ 44%
Net loss · FY 2023
₹63.93 Lakh margin -111.5%
EBITDA · FY 2023
-₹10.03 Lakh margin -17.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 33%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 175%
3 years · compounded
▼ 30%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 44% fall in the latest year. EBITDA fell 175% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | -₹10.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.93 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.5% | ||||
| Net Profit Margin | -111.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Elbiz Systems Private Limited, buy the company report.
Board of directors of Elbiz Systems Private Limited
Elbiz Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Vyas Also directs: Indama Technologies Private Limited | Director | 20 Jul 2004 | 22 Years 3 Months | Current |
| Praveen Vyas | Managing Director | 15 Apr 2002 | 24 Years 6 Months | Current |
Peer comparison
Elbiz Systems Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Database Management), with the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreeji Web Technologies Private Limited | ₹58.46 Lakh (FY 2025) | 6.0% | Naroda, Gujarat, India | |||
| Vision Iknowledge Solutions Private Limited | ₹57.38 Lakh (FY 2023) | 0.0% | New Delhi, Delhi, India | |||
| Elbiz Systems Private Limitedthis company | ₹57.34 Lakh (FY 2023) | -₹63.93 Lakh | -111.5% | -44.0% | Indore, Madhya Pradesh, India | |
| Centramation Systems Private Limited | ₹56.75 Lakh (FY 2025) | 40.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Elbiz Systems Private Limited, buy the company report.
Auditor
Elbiz Systems Private Limited is audited by C H PADLIYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C H PADLIYA & CO | FY 2019 | 003151C |
Shareholding
The shareholding of Elbiz Systems Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Elbiz Systems Private Limited, buy the company report.
Legal cases
Elbiz Systems Private Limited has 12 court cases on record: 12 filed against it. 6 cases are pending and 6 are disposed.
Total cases
12
Filed against the company
12
Pending
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 6 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Esds Software Solution Pvt Ltd | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC R) | Filed against the company by Tata Capital Financial Services Ltd. Through Navjot Mohanti | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Esds Software Solution Pvt Ltd | Disposed |
| District court, Ujjain, Madhya Pradesh | Court case (SC NIA) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed against the company by an individual | Pending |
To see the full case history of Elbiz 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 Elbiz Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elbiz Systems Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Elbiz Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCS8134E1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elbiz Systems Private Limited, buy the company report.
Recent activity
Elbiz Systems Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Nidhi Vyas was appointed as Director on 20 Jul 2004.
AGM
Elbiz Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Elbiz Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Appointed
Nidhi Vyas was appointed as Director.
Appointed
Praveen Vyas was appointed as Managing Director.
Incorporation
08 Mar 2001
Elbiz Systems Private Limited was registered on 08 Mar 2001 with Roc Gwalior & aged 25 years 8 months as per MCA records.
Frequently asked questions
Elbiz Systems is an active private limited company based in Indore, Madhya Pradesh, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 08 March 2001 (25+ years old) and is registered under CIN U72200MP2001PTC014582.
Elbiz Systems has 2 current directors:
- Praveen Vyas - Managing Director
- Nidhi Vyas - Director
The latest financial statements of Elbiz Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Elbiz Systems is 23AAGCS8134E1ZJ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Elbiz Systems is U72200MP2001PTC014582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elbiz Systems has 12 court cases on record: 12 filed against it. 6 are pending. Most are in the district courts.
Elbiz Systems was incorporated on 08 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Elbiz Systems by revenue are Shreeji Web Technologies Private Limited, Vision Iknowledge Solutions Private Limited, Centramation Systems Private Limited, all in the Information Technology industry (Database Management), with the same principal business activity (data processing, hosting and related activities; web portal).
Nidhi Vyas was appointed as Director on 20 Jul 2004. Praveen Vyas was appointed as Managing Director on 15 Apr 2002.
Yes, Elbiz Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0016933).
Elbiz Systems can be reached through the website elbizsystems.com. Its registered office is in Indore, Madhya Pradesh, India.
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