Heuristics Info Systems Private Limited

Heuristics Info Systems Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2004PTC125917 Incorporated 20 April 2004 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹1.52 Cr
▼ 61% YoY
Net profit · FY 2019
₹7.98 Lakh
Net margin 5.2%
EBITDA · FY 2019
₹9.89 Lakh
EBITDA margin 6.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
GST registrations
2
None active

About Heuristics Info Systems Private Limited

Data last updated:

Heuristics Info Systems Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Msd Telematics Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 20 April 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2004PTC125917. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ashmeet Singh and Amit Kumar Dubey.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C – 5/32 Safdarjung Development Area, New Delhi, Delhi, India – 110016.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.52 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹7.98 Lakh (net margin 5.2%) and EBITDA of ₹9.89 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.

The company is associated with 1 brand: Heuristics Info Systems. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2018.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heuristics.co.in.

Company details

CIN U72900DL2004PTC125917
Registration Number 125917
Incorporation Date 20 April 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Parent Company Msd Telematics Private Limited
Compliance Status Active Compliant

Contact details

Heuristics Info Systems Private Limited's registered office is in New Delhi, Delhi. Its website is heuristics.co.in. Its e-mail address is in the company report.

  • Email
  • Registered Address
    C – 5/32 Safdarjung Development Area, New Delhi, Delhi, India – 110016
  • Industry
    Information Technology, Software Development & Support Services, Geographic Information System (GIS) Solutions

To see the full contact details of Heuristics Info Systems Private Limited, buy the company report.

Comprehensive company report
Heuristics Info 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Heuristics Info Systems operates one associated brand: Heuristics Info Systems. Each brand links to its own profile.

BrandDescriptionWebsite
GPS vehicle tracking and mobile personnel solutions are offered.heuristics.co.in

Business activity

The main business activities of Heuristics Info Systems are trade and information and communication. In detail, this covers retail trading and wired, wireless or satellite telecommunication activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
JInformation and communicationJ5Wired, wireless or satellite Telecommunication activities

To see the full business activity and turnover split of Heuristics Info Systems Private Limited, buy the company report.

Financials of Heuristics Info Systems Private Limited

FY 2019 filings available

Heuristics Info Systems Private Limited reported revenue of ₹1.52 Cr (down 61% YoY) for FY 2019.

Revenue · FY 2019
₹1.52 Cr ▼ 61%
Net profit · FY 2019
₹7.98 Lakh margin 5.2%
EBITDA · FY 2019
₹9.89 Lakh margin 6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 40%

Revenue fell 61% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 67% 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹1.52 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.98 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin6.5%
Net Profit Margin5.2%
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 Heuristics Info Systems Private Limited, buy the company report.

Board of directors of Heuristics Info Systems Private Limited

Heuristics Info Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Kumar DubeyAdditional Director26 Oct 200917 Years 0 MonthsCurrent
Ashmeet SinghDirector20 Feb 20179 Years 8 MonthsCurrent

Auditor

Heuristics Info Systems Private Limited is audited by R KHATTAR & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
R KHATTAR & ASSOCIATESFY 2018009880N

Shareholding

The shareholding of Heuristics Info Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Heuristics Info Systems Private Limited, buy the company report.

Deals & funding

Heuristics Info Systems Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2018.

Total deals
3
Secondary share transfers
2
Acquisition
1

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2018AcquisitionUndisclosedBuyer: MSD Telematics Private Limited
Seller: 4 individuals
Jul 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2009Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Heuristics Info Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Heuristics Info Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Heuristics Info Systems Private Limited, buy the company report.

Recent activity

Heuristics Info Systems Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Pradeep Kumar Rai ceased to be Additional Director on 01 Jun 2017.

AGM
Heuristics Info Systems Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Heuristics Info Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi I.
Ceased
Pradeep Kumar Rai ceased to be Additional Director.
Appointed
Ashmeet Singh was appointed as Director.
Ceased
Aloknath De ceased to be Additional Director.
Ceased
Sandeep Rai ceased to be Director.
Ceased
Mridul Kumar Singh ceased to be Additional Director.
Ceased
Rupali Rai ceased to be Director.
Appointed
Amit Kumar Dubey was appointed as Additional Director.
Incorporation
20 Apr 2004
Heuristics Info Systems Private Limited was registered on 20 Apr 2004 with Roc Delhi I & aged 22 years 6 months as per MCA records.

News

Frequently asked questions

Heuristics Info Systems is an active private limited company based in New Delhi, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 20 April 2004 (22+ years old) and is registered under CIN U72900DL2004PTC125917.

Heuristics Info Systems has 2 current directors:

The latest financial statements of Heuristics Info Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

No. Heuristics Info Systems has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Heuristics Info Systems is U72900DL2004PTC125917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Heuristics Info Systems was incorporated on 20 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.

Heuristics Info Systems has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2018.

Pradeep Kumar Rai ceased to be Additional Director on 01 Jun 2017. Ashmeet Singh was appointed as Director on 20 Feb 2017. Aloknath De ceased to be Additional Director on 31 Jan 2012. Heuristics Info Systems has 7 board changes on record in total.

Heuristics Info Systems can be reached through the website heuristics.co.in. Its registered office is in New Delhi, Delhi, India.

The registered office of Heuristics Info Systems is at C – 532 Safdarjung Development Area, New Delhi, Delhi, India – 110016.