About Nevar Systems Private Limited
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Nevar Systems Private Limited is a private limited company based in Pondicherry, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 03 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pondicherry, under CIN U72900PY2020PTC008562. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajeshwar Alias Viknesh and Murugavel Nareshkumar.
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 No.2 Sri Ramachandra Nagar Melthirukanjee, Pondicherry, India – 605110.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.11 Lakh, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹7.39 Lakh (net margin -17.6%) and EBITDA of -₹4.01 Lakh (EBITDA margin -9.5%). Revenue has grown at a compounded annual rate (CAGR) of 249% over three years.
The company is associated with 1 brand: Nevar Systems.
For more details, the company can be reached via its website nevarsystems.com.
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- TelephoneLocked
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- Social Media
- Registered AddressNo.2 Sri Ramachandra Nagar Melthirukanjee, Pondicherry, India – 605110
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Nevar Systems Private Limited
The main business activity of Nevar Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Nevar Systems Private Limited FY 2025 filings available
Nevar Systems Private Limited reported revenue of ₹42.11 Lakh (up 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nevar Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 249% over three years, including 63% growth in the latest year. EBITDA fell 214% 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 Nevar Systems Private Limited
| Metrics | 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 | -₹4.01 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.39 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 of Nevar Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.5% | •••• | •••• | •••• |
| Net Profit Margin | -17.6% | •••• | •••• | •••• |
| 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 Nevar Systems are in the company report.
Financial statements from FY 2021
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 Nevar Systems Private Limited
Nevar Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lastra Niraj Private Limited | ₹42.84 Lakh (FY 2025) | •••• | •••• | 148.0% | •••• | Mumbai, Maharashtra, India |
| Glorious Trading Private Limited | ₹42.74 Lakh (FY 2024) | •••• | •••• | -81.0% | •••• | Vadodara, Gujarat, India |
| Permalon Transmissions Private Limited | ₹42.53 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Shankra Research & Development Private Limited | ₹42.23 Lakh (FY 2025) | •••• | •••• | 132.0% | •••• | Medchal Malkajgiri, Telangana, India |
| Weldors Engineers Pvt Ltd | ₹42.17 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | M.P., Madhya Pradesh, India |
| Nevar Systems Private Limited this company | ₹42.11 Lakh (FY 2024) | •••• | •••• | 63.0% | •••• | Pondicherry, India |
| Super Waterwell Engineers Private Limited | ₹42.11 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Chandigarh, India |
| Airwin Technologies Private Limited | ₹42.04 Lakh (FY 2021) | •••• | •••• | -69.0% | •••• | Hyderabad, Telangana, India |
| Prudent Eco Systems Private Limited | ₹42.01 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore South, Karnataka, India |
| Warner Industries (India) Private Limited | ₹41.99 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Sansu Technologies Private Limited | ₹41.86 Lakh (FY 2021) | •••• | •••• | -38.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Nevar Systems by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Nevar Systems Private Limited
Nevar Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshwar Alias Viknesh | Director | 03 Jul 2020 | 6 Years 3 Months | Current |
| Murugavel Nareshkumar | Director | 03 Jul 2020 | 6 Years 3 Months | Current |
Charges & Borrowings of Nevar Systems Private Limited
Nevar Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Nevar Systems Private Limited
Nevar Systems operates one associated brand: Nevar Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers AI and aerial-based mapping and analytics solutions for various industries. | nevarsystems.com |
Employees and EPFO Compliance at Nevar Systems Private Limited
Employment history and EPFO contributions of people linked to Nevar Systems.
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.
Recent Activity on Nevar Systems Private Limited
Nevar Systems Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Murugavel Nareshkumar was appointed as Director on 03 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Nevar 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 Nevar 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 Nevar 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 Nevar Systems Private Limited
Nevar Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Nevar 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 Nevar Systems Private Limited
Nevar Systems is an active private limited company based in Pondicherry, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 03 July 2020 (6+ years old) and is registered under CIN U72900PY2020PTC008562.
Nevar Systems reported revenue of ₹42.11 Lakh for FY 2024 (up 63% YoY).
Nevar Systems has 2 current directors:
- Rajeshwar Alias Viknesh - Director
- Murugavel Nareshkumar - Director
Nevar Systems reported a net loss of ₹7.39 Lakh (net margin -17.6%) and EBITDA of -₹4.01 Lakh (EBITDA margin -9.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nevar Systems is 249% over three years. In the latest year (FY 2024) revenue rose 63%. CAGR is the steady yearly rate that links the first and the last year.
No. Nevar Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nevar Systems is U72900PY2020PTC008562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nevar Systems was incorporated on 03 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pondicherry.
The peers of Nevar Systems by revenue are Lastra Niraj Private Limited, Glorious Trading Private Limited, Permalon Transmissions Private Limited, Shankra Research & Development Private Limited, Weldors Engineers Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Murugavel Nareshkumar was appointed as Director on 03 Jul 2020. Rajeshwar Alias Viknesh was appointed as Director on 03 Jul 2020.
Yes, Nevar Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).