About Qualex Systems Private Limited
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Qualex Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2000PTC014406. Its GSTIN is 27AAACQ0520C1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Virendra Madhukar Mane (Managing Director) and Nirmala Virendra Mane.
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 426 Siddarth Towersnear Sangam Press Kothurd, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹30.87 Lakh (net margin -29.6%) and EBITDA of -₹21.64 Lakh (EBITDA margin -20.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QualEx Systems. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualexsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address426 Siddarth Towersnear Sangam Press Kothurd, Pune, Maharashtra, India – 411038
- IndustryInformation Technology, 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 Qualex Systems Private Limited
The main business activity of Qualex 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 Qualex Systems Private Limited FY 2025 filings available
Qualex Systems Private Limited reported revenue of ₹1.04 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Qualex Systems Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 53% 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 Qualex 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 | -₹21.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹30.87 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 Qualex Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.6% | •••• | •••• | •••• | •••• |
| 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 Qualex 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 Qualex Systems Private Limited
Qualex Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forefront Solutions and Consultancies Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Kochi, Kerala, India |
| Net4nuts Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| P3 Infotech Solutions Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Kelvin Business Forms Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Thiruvananthapuram, Kerala, India |
| Parimitha Technologies Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
| Qualex Systems Private Limited this company | ₹1.04 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Cosoft India Private Limited | ₹1.04 Cr (FY 2020) | •••• | •••• | 1.0% | •••• | Mount Road, Madras, Tamil Nadu, India |
| Vega Innovations and Technoconsultants Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Pune, Maharashtra, India |
| Extrapolix Technologies Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Cuttack, Odisha, India |
| Avec Property Management Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Mahipal Pur, Delhi, India |
| Ivend Retail Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Qualex Systems by revenue in the Information Technology industry (Application Development), 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 Qualex Systems Private Limited
Qualex Systems Private Limited is audited by KHANVALKAR KARWE & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHANVALKAR KARWE & 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 Qualex Systems Private Limited
Qualex Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Virendra Mane | Director | 24 Jan 2000 | 26 Years 8 Months | Current |
| Virendra Madhukar Mane | Managing Director | 24 Jan 2000 | 26 Years 8 Months | Current |
Ownership and Shareholding of Qualex 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 Qualex Systems Private Limited
Qualex Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Qualex Systems Private Limited
Qualex Systems Private Limited has 2 court cases on record: 2 filed by Qualex Systems. 1 case is pending and 1 is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Qualex Systems Private Limited
Qualex Systems operates one associated brand: QualEx Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides offshore software development, product engineering, and team building services globally. | qualexsystems.com |
Employees and EPFO Compliance at Qualex Systems Private Limited
Qualex Systems Private Limited has a workforce of 13 employees as of Mar 29, 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.
Recent Activity on Qualex Systems Private Limited
Qualex Systems Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Nirmala Virendra Mane was appointed as Director on 24 Jan 2000.
Credit Ratings, Litigation & Regulatory Alerts for Qualex 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 Qualex 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 Qualex 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 Qualex Systems Private Limited
Qualex Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ0520C1Z5 | 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 Qualex 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 Qualex Systems Private Limited
Qualex Systems is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 January 2000 (26+ years old) and is registered under CIN U72200PN2000PTC014406.
Qualex Systems reported revenue of ₹1.04 Cr for FY 2025 (down 13% YoY).
Qualex Systems has 2 current directors:
- Virendra Madhukar Mane - Managing Director
- Nirmala Virendra Mane - Director
Qualex Systems reported a net loss of ₹30.87 Lakh (net margin -29.6%) and EBITDA of -₹21.64 Lakh (EBITDA margin -20.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qualex Systems is 6% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Qualex Systems is 27AAACQ0520C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Qualex Systems is U72200PN2000PTC014406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qualex Systems has 2 court cases on record: 2 filed by the company. 1 is pending.
Qualex Systems was incorporated on 24 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Qualex Systems by revenue are Forefront Solutions and Consultancies Private Limited, Net4nuts Limited, P3 Infotech Solutions Private Limited, Kelvin Business Forms Private Limited, Parimitha Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Nirmala Virendra Mane was appointed as Director on 24 Jan 2000. Virendra Madhukar Mane was appointed as Managing Director on 24 Jan 2000.