About Kalpavruksh Systems Private Limited
Data last updated:
Kalpavruksh Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2002PTC343459. Its GSTIN is 27AAICS5821Q1ZO (Maharashtra).
The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹34 Cr. It was formerly known as Vraksh Technologies Private Limited and Kalpavruksh Systems Limited. It is led by directors including Sunil Sadashiv Chitale (Managing Director) and Mir Prakash Jain.
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 312 Raheja Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.21 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹2.92 Cr (net margin -23.9%) and EBITDA of -₹2.86 Cr (EBITDA margin -23.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kalpavruksh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalpavruksh.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address312 Raheja Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Kalpavruksh Systems Private Limited
The main business activity of Kalpavruksh Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kalpavruksh Systems Private Limited FY 2025 filings available
Kalpavruksh Systems Private Limited reported revenue of ₹12.21 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kalpavruksh Systems Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 75% 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 of Kalpavruksh Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.92 Cr | •••• | •••• | •••• | •••• |
| 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 of Kalpavruksh Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kalpavruksh Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kalpavruksh Systems Private Limited
Kalpavruksh Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gten Technologies Private Limited | ₹12.23 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Chessy Knowledge Quotient Private Limited | ₹12.23 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Kolkata, West Bengal, India |
| Cortera Software Private Limited | ₹12.22 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
| Zenatix Solutions Private Limited | ₹12.22 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Lee & Nee Softwares (Exports) Ltd Listed | ₹12.21 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Kalpavruksh Systems Private Limited this company | ₹12.21 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Idigital Electronics Private Limited | ₹12.2 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Maximaa Systems Limited Listed | ₹12.2 Cr (FY 2019) | •••• | •••• | -2.0% | •••• | Valsad, Gujarat, India |
| Verma Global Infratech Private Limited | ₹12.2 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| DJ Interactive Labs Private Limited | ₹12.19 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | New Delhi, Delhi, India |
| Vee Imaging Solutions Private Limited | ₹12.19 Cr (FY 2024) | •••• | •••• | 97.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Kalpavruksh Systems by revenue in the Information Technology industry (Application Development, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kalpavruksh Systems Private Limited
Kalpavruksh Systems Private Limited is audited by K M SHAH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K M SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kalpavruksh Systems Private Limited
Kalpavruksh Systems has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mir Prakash Jain Also directs: PCS Finance Private Limited, Ashoka Computer Systems Pvt Ltd, PCS Cullinet Private Limited and 5 more | Director | 19 Dec 2005 | 20 Years 9 Months | Current |
| Sunil Sadashiv Chitale Also directs: Patni Data Services Private Limited | Managing Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| Ashokkumar Sobhagmal Patni Also directs: Aakp Real Estate LLP, Aap & Associates LLP, Pramana Management Consultancy Services LLP and 5 more | Director | 04 Jul 2012 | 14 Years 3 Months | Current |
| Apoorva Ashokkumar Patni Also directs: Aakp Real Estate LLP, Aap & Associates LLP, Central Expressways Construction LLP and 5 more | Director | 25 Feb 2008 | 18 Years 7 Months | Current |
Ownership and Shareholding of Kalpavruksh Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kalpavruksh Systems Private Limited
Kalpavruksh Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Kalpavruksh Systems Private Limited
Kalpavruksh Systems operates one associated brand: Kalpavruksh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT consulting, product development, and staffing for enterprises. | kalpavruksh.com |
Employees and EPFO Compliance at Kalpavruksh Systems Private Limited
Kalpavruksh Systems Private Limited has a workforce of 44 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Kalpavruksh Systems Private Limited
Kalpavruksh Systems has undergone 4 name changes throughout its history. The current legal name is Kalpavruksh Systems Private Limited.
| Company Name | Status |
|---|---|
| Kalpavruksh Systems Private Limited | Current |
| Vraksh Technologies Private Limited | Previous |
| Kalpavruksh Systems Limited | Previous |
| Sirus Technologies Private Limited | Previous |
| Vraksh Technologies Limited | Previous |
CIN History of Kalpavruksh Systems Private Limited
Kalpavruksh Systems has one previous CIN (Corporate Identification Number): U72900PN2002PTC021706. The current CIN is U72900MH2002PTC343459, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2002PTC343459 | Current |
| U72900PN2002PTC021706 | Previous |
Recent Activity on Kalpavruksh Systems Private Limited
Kalpavruksh Systems Private Limited has 11 board changes on record since 2005: 4 appointments and 7 cessations. The latest: Rohinton Bharucha ceased to be Director on 26 Sep 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kalpavruksh Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kalpavruksh Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kalpavruksh Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kalpavruksh Systems Private Limited
Kalpavruksh Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS5821Q1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kalpavruksh Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kalpavruksh Systems Private Limited
Kalpavruksh Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 December 2002 (24+ years old) and is registered under CIN U72900MH2002PTC343459.
Kalpavruksh Systems reported revenue of ₹12.21 Cr for FY 2025 (down 12% YoY).
Kalpavruksh Systems has 4 current directors:
- Sunil Sadashiv Chitale - Managing Director
- Mir Prakash Jain - Director
- Ashokkumar Sobhagmal Patni - Director
- Apoorva Ashokkumar Patni - Director
Kalpavruksh Systems reported a net loss of ₹2.92 Cr (net margin -23.9%) and EBITDA of -₹2.86 Cr (EBITDA margin -23.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kalpavruksh Systems is 3% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kalpavruksh Systems is 27AAICS5821Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kalpavruksh Systems is U72900MH2002PTC343459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kalpavruksh Systems was incorporated on 16 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kalpavruksh Systems by revenue are Gten Technologies Private Limited, Chessy Knowledge Quotient Private Limited, Cortera Software Private Limited, Zenatix Solutions Private Limited, Lee & Nee Softwares (Exports) Ltd and 5 more, all in the Information Technology industry (Application Development, IT Consulting and Services).
Rohinton Bharucha ceased to be Director on 26 Sep 2021. Sankaran Ravikumar ceased to be Director on 30 Jun 2020. Sunil Sadashiv Chitale was appointed as Managing Director on 01 Oct 2018. Kalpavruksh Systems has 11 board changes on record in total.
Kalpavruksh Systems can be reached through the website kalpavruksh.com. Its registered office is in Mumbai, Maharashtra, India.