About Kurtosys Systems India Private Limited
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Kurtosys Systems India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Kurtosys Systems Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2008PTC186053. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹28 Lakh and a paid-up capital of ₹2.12 Lakh. It was formerly known as Fundworks Services India Private Limited. It is led by directors including Varun Pokhariyal and Mainesh Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No D – 1 Salcon Rasvilash, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2022, the company reported a revenue of ₹46,792. For the same year it recorded a net loss of ₹39,507 (net margin -84.4%) and EBITDA of -₹39,507 (EBITDA margin -84.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 74% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kurtosys.com.
Company details
Contact details
Kurtosys Systems India Private Limited's registered office is in New Delhi, Delhi. Its website is kurtosys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No D – 1 Salcon Rasvilash, New Delhi, Delhi, India – 110017
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Kurtosys Systems India 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
Financials of Kurtosys Systems India Private Limited
FY 2022 filings availableKurtosys Systems India Private Limited reported revenue of ₹46,792 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA fell 32% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46,792 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹39,507 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39,507 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -84.4% | ||||
| Net Profit Margin | -84.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kurtosys Systems India Private Limited, buy the company report.
Board of directors of Kurtosys Systems India Private Limited
Kurtosys Systems India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Pokhariyal | Director | 30 Dec 2016 | 9 Years 10 Months | Current |
| Mainesh Patel | Director | 01 Feb 2010 | 16 Years 9 Months | Current |
| Scott Alexander Gellman | Director | 19 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Kurtosys Systems India Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Systweak Software Private Limited | ₹49,233 (FY 2024) | 52.0% | Jaipur, Rajasthan, India | |||
| Nebula Solutions Limited | ₹48,800 (FY 2024) | 45.0% | Chennai, Tamil Nadu, India | |||
| ZRJ Traders Private Limited | ₹48,668 (FY 2024) | 508.0% | Derabassi, Punjab, India | |||
| Astroleap Software Services Private Limited | ₹47,949 (FY 2025) | -10.0% | Gurgaon, Haryana, India | |||
| Ressy Technology Private Limited | ₹47,718 (FY 2023) | 8.0% | Pune, Maharashtra, India | |||
| Kurtosys Systems India Private Limitedthis company | ₹46,792 (FY 2022) | -₹39,507 | -84.4% | New Delhi, Delhi, India | ||
| Feedback Interactive Communications India Private Limited | ₹46,149 (FY 2021) | 3714.0% | Mumbai, Maharashtra, India | |||
| Presurgence Softsolutions Private Limited | ₹46,000 (FY 2024) | -61.0% | Kalyan, Maharashtra, India | |||
| Saanvad Ventures Private Limited | ₹45,957 (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Qthrust Software Solutions Private Limited | ₹45,253 (FY 2021) | Allahabad, Uttar Pradesh, India | ||||
| Enginnovtech Engineering and Software Services Private Limited | ₹45,000 (FY 2025) | 153.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Kurtosys Systems India Private Limited, buy the company report.
Auditor
Kurtosys Systems India Private Limited is audited by S K C A & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K C A & ASSOCIATES | FY 2019 | 013517N |
Shareholding
The shareholding of Kurtosys Systems India 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 Kurtosys Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kurtosys Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kurtosys Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kurtosys Systems India 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 Kurtosys Systems India Private Limited, buy the company report.
Recent activity
Kurtosys Systems India Private Limited has 16 board changes on record since 2009: 3 appointments and 13 cessations. The latest: Varun Pokhariyal ceased to be Additional Director on 20 Sep 2017.
7 earlier events are in the company report.
News
Frequently asked questions
Kurtosys Systems India 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 22 December 2008 (18+ years old) and is registered under CIN U74140DL2008PTC186053.
Kurtosys Systems India has 3 current directors:
- Varun Pokhariyal - Director
- Mainesh Patel - Director
- Scott Alexander Gellman - Director
The latest financial statements of Kurtosys Systems India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Kurtosys Systems India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kurtosys Systems India is U74140DL2008PTC186053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kurtosys Systems India was incorporated on 22 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Kurtosys Systems India by revenue are Systweak Software Private Limited, Nebula Solutions Limited, ZRJ Traders Private Limited, Astroleap Software Services Private Limited, Ressy Technology Private Limited and 5 more, all in the Information Technology industry (Software Services).
Varun Pokhariyal ceased to be Additional Director on 20 Sep 2017. Rohit Chand Puri ceased to be Whole-Time Director on 30 Dec 2016. Varun Pokhariyal was appointed as Director on 30 Dec 2016. Kurtosys Systems India has 16 board changes on record in total.
Kurtosys Systems India can be reached through the website kurtosys.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Kurtosys Systems India is at Plot No D – 1 Salcon Rasvilash, New Delhi, Delhi, India – 110017.
Kurtosys Systems India operates in the information technology industry, in the software development and support services segment.
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