About Polyxer Systems Private Limited
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Polyxer Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC099455. Its GSTIN is 24AAICR5721L1Z6 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Urmila Pravinkumar Gandhi and Pravinbhai Ramanlal Gandhi.
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 202 2nd Floor Parishram Complex 5 Rashmi Society Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.16 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.89 Lakh (net margin 2.7%) and EBITDA of ₹10.33 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspiresoftware.in.
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- Registered Address202 2nd Floor Parishram Complex 5 Rashmi Society Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryInformation Technology, Software Development & Support Services, IT Consulting & Support Services
- 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 of Polyxer Systems Private Limited
The main business activity of Polyxer 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 Polyxer Systems Private Limited FY 2025 filings available
Polyxer Systems Private Limited reported revenue of ₹2.16 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Polyxer Systems Private Limited
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 62% 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 Polyxer 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 | ₹10.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.89 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 Polyxer Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Polyxer Systems are in the company report.
Financial statements from FY 2018
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 Polyxer Systems Private Limited
Polyxer Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software 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 |
|---|---|---|---|---|---|---|
| Isana Systems India Private Limited | ₹2.17 Cr (FY 2025) | •••• | •••• | 157.0% | •••• | Pune, Maharashtra, India |
| Erpmenu India Private Limited | ₹2.17 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Alappuzha, Kerala, India |
| Rebo Solutions Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Lals Software Services Private Limited | ₹2.16 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Pathanamthitta, Kerala, India |
| KST Infotech Private Limited | ₹2.16 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Chennai, Tamil Nadu, India |
| Polyxer Systems Private Limited this company | ₹2.16 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Ahmedabad, Gujarat, India |
| Riab Technologies Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Teleperformance BPO Holdings Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Mumbai, Maharashtra, India |
| Bryteside Technologies Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| Nimbly Innovation India Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Control Alt Experience Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 380.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Polyxer Systems by revenue in the Information Technology industry (Software 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 Polyxer Systems Private Limited
Polyxer Systems Private Limited is audited by P D GOINKA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P D GOINKA & 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 Polyxer Systems Private Limited
Polyxer Systems has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urmila Pravinkumar Gandhi Also directs: Aspire Softserv Private Limited | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
| Pravinbhai Ramanlal Gandhi Also directs: Aspire Softserv Private Limited | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
| Urvi Samir Pandya Also directs: Uprovd Labs LLP | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
| Purav Pravinkumar Gandhi Also directs: Aspire Softserv Private Limited | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
| Samir Dinesh Pandya Also directs: Uprovd Labs LLP | Director | 12 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Polyxer 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 Polyxer Systems Private Limited
Polyxer Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Polyxer Systems Private Limited
Employment history and EPFO contributions of people linked to Polyxer 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 Polyxer Systems Private Limited
Polyxer Systems Private Limited has 5 board changes on record since 2017: 5 appointments. The latest: Pravinbhai Ramanlal Gandhi was appointed as Director on 12 Oct 2017.
Credit Ratings, Litigation & Regulatory Alerts for Polyxer 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 Polyxer 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 Polyxer 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 Polyxer Systems Private Limited
Polyxer Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICR5721L1Z6 | Gujarat | Active | 29 Nov 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 Polyxer 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 Polyxer Systems Private Limited
Polyxer Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC099455.
Polyxer Systems reported revenue of ₹2.16 Cr for FY 2025 (down 26% YoY).
Polyxer Systems has 5 current directors:
- Urmila Pravinkumar Gandhi - Director
- Pravinbhai Ramanlal Gandhi - Director
- Urvi Samir Pandya - Director
- Purav Pravinkumar Gandhi - Director
- Samir Dinesh Pandya - Director
Polyxer Systems reported a net profit of ₹5.89 Lakh (net margin 2.7%) and EBITDA of ₹10.33 Lakh (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polyxer Systems is 17% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polyxer Systems is 24AAICR5721L1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Polyxer Systems is U72900GJ2017PTC099455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyxer Systems was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Polyxer Systems by revenue are Isana Systems India Private Limited, Erpmenu India Private Limited, Rebo Solutions Private Limited, Lals Software Services Private Limited, KST Infotech Private Limited and 5 more, all in the Information Technology industry (Software Services).
Pravinbhai Ramanlal Gandhi was appointed as Director on 12 Oct 2017. Purav Pravinkumar Gandhi was appointed as Director on 12 Oct 2017. Samir Dinesh Pandya was appointed as Director on 12 Oct 2017. Polyxer Systems has 5 board changes on record in total.
Polyxer Systems can be reached through the website aspiresoftware.in. Its registered office is in Ahmedabad, Gujarat, India.