Punya Systems Private Limited
About Punya Systems Private Limited
Data last updated:
Punya Systems Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 25 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2015PTC084310. Its GSTIN is 24AAICP2459D1ZK (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pranav Maheshkumar Mehta and Nikhil Chandrakant Suratwala.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.93 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹33.48 Lakh (net margin -306.4%) and EBITDA of -₹33.38 Lakh (EBITDA margin -305.5%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address301 3rd Flr Old 5th Flr Plot No.116B New Opera House – A B Kiran Motors Nr Petrol Pump, Khatodara, Surat, Gujarat, India – 395002
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Punya Systems Private Limited
The main business activity of Punya Systems is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Punya Systems Private Limited FY 2021 filings available
Punya Systems Private Limited reported revenue of ₹10.93 Lakh (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Punya Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 44% over three years, including a 82% fall in the latest year. EBITDA fell 89% 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 Punya Systems Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹33.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33.48 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 Punya Systems Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -305.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -306.4% | •••• | •••• | •••• | •••• |
| 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 Punya Systems are in the company report.
Financial statements from FY 2016
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 Punya Systems Private Limited
Punya Systems Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avocation Management Private Limited | ₹10.96 Lakh (FY 2025) | •••• | •••• | 707.0% | •••• | Delhi, India |
| Maid Hub India Private Limited | ₹10.95 Lakh (FY 2022) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Ample HR and Payroll Services Private Limited | ₹10.94 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Faridabad, Haryana, India |
| Prudence Edutech & Professional Services Private Limited | ₹10.93 Lakh (FY 2024) | •••• | •••• | 45.0% | •••• | Jodhpur, Rajasthan, India |
| Aarvi Engineering & Consultants Private Limited | ₹10.93 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Mumbai, Maharashtra, India |
| Punya Systems Private Limited this company | ₹10.93 Lakh (FY 2021) | •••• | •••• | -82.0% | •••• | Surat, Gujarat, India |
| Northspace Facility Management Private Limited | ₹10.92 Lakh (FY 2021) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Esperto Payroll Solutions Private Limited | ₹10.92 Lakh (FY 2020) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| RND Structral Private Limited | ₹10.92 Lakh (FY 2023) | •••• | •••• | -42.0% | •••• | Umarkhed, Maharashtra, India |
| Swapna Electronics Private Limited | ₹10.91 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Mumbai, Maharashtra, India |
| Warrior HR Services Private Limited | ₹10.91 Lakh (FY 2024) | •••• | •••• | -75.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Punya Systems by revenue in the Outsourcing industry (HR Outsourcing), 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 Punya Systems Private Limited
Punya Systems Private Limited is audited by RAJEEV MARDIA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJEEV MARDIA & ASSOCIATES | 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 Punya Systems Private Limited
Punya Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Maheshkumar Mehta | Director | 25 Aug 2015 | 11 Years 1 Months | Current |
| Nikhil Chandrakant Suratwala | Director | 25 Aug 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of Punya 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 Punya Systems Private Limited
Punya Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Punya Systems Private Limited
Employment history and EPFO contributions of people linked to Punya 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 Punya Systems Private Limited
Punya Systems Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Nikhil Chandrakant Suratwala was appointed as Director on 25 Aug 2015.
Credit Ratings, Litigation & Regulatory Alerts for Punya 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 Punya 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 Punya 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 Punya Systems Private Limited
Punya Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP2459D1ZK | Gujarat | Active | 02 Apr 2018 |
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 Punya 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 Punya Systems Private Limited
Punya Systems is an active private limited company based in Surat, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 25 August 2015 (11+ years old) and is registered under CIN U74140GJ2015PTC084310.
Punya Systems reported revenue of ₹10.93 Lakh for FY 2021 (down 82% YoY).
Punya Systems has 2 current directors:
- Pranav Maheshkumar Mehta - Director
- Nikhil Chandrakant Suratwala - Director
Punya Systems reported a net loss of ₹33.48 Lakh (net margin -306.4%) and EBITDA of -₹33.38 Lakh (EBITDA margin -305.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Punya Systems is -44% over three years. In the latest year (FY 2021) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Punya Systems is 24AAICP2459D1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Punya Systems is U74140GJ2015PTC084310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punya Systems was incorporated on 25 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Punya Systems by revenue are Avocation Management Private Limited, Maid Hub India Private Limited, Ample HR and Payroll Services Private Limited, Prudence Edutech & Professional Services Private Limited, Aarvi Engineering & Consultants Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Nikhil Chandrakant Suratwala was appointed as Director on 25 Aug 2015. Pranav Maheshkumar Mehta was appointed as Director on 25 Aug 2015.
The registered office of Punya Systems is at 301 3rd Flr Old 5th Flr Plot No.116B New Opera House – A B Kiran Motors Nr Petrol Pump, Khatodara, Surat, Gujarat, India – 395002.