MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0090321
Ace Electronics Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.05 Cr
▲ 44% YoY
Net profit · FY 2025
₹51.3 Lakh
Net margin 25%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 50.5%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹32.8 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Ace Electronics Private Limited
Data last updated:
Ace Electronics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2013PTC147513. Its GSTIN is 27AALCA8270C1ZN (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32.8 Lakh. It is led by directors including Raghunandan Ramchandra Joshi (Managing Director) and Pankaj Shriniwas Zanwar.
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 Plot No. 27 Electronic Co – Operative Estate Pune Satara Road, Maharashtra, India – 411009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.05 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹51.3 Lakh (net margin 25%) and EBITDA of ₹1.03 Cr (EBITDA margin 50.5%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 25% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Ace Electronics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0090321). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aceelectronics.biz.
Company Details of Ace Electronics Private Limited
CIN U72200PN2013PTC147513
Registration Number 147513
Incorporation Date 22 May 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0090321
Key People
Raghunandan Ramchandra Joshi Managing Director Pankaj Shriniwas Zanwar Director Sheetal Pankaj Zanwar Director Recognitions & Rankings of Ace Electronics
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 27 Electronic Co – Operative Estate Pune Satara Road, Maharashtra, India – 411009
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
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Business Activity of Ace Electronics Private Limited
The main business activity of Ace Electronics is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ace Electronics Private Limited FY 2025 filings available
Ace Electronics Private Limited reported revenue of ₹2.05 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹2.05 Cr ▲ 44%
Net profit · FY 2025
₹51.3 Lakh margin 25%
EBITDA · FY 2025
₹1.03 Cr margin 50.5%
Compounded Annual Growth Rate (CAGR) of Ace Electronics Private Limited
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 57%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 64%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 44% growth in the latest year. EBITDA rose 40% 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 Ace Electronics 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 | ₹1.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.3 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 Ace Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25% | •••• | •••• | •••• | •••• |
| 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 Ace Electronics are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ace Electronics Private Limited
Ace Electronics has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Shriniwas Zanwar Also directs: Kiam Intl Private Limited, Iesg Labs Private Limited, Integrated Active Monitoring Private Limited and 2 more | Director | 05 Dec 2022 | 3 Years 10 Months | Current |
| Sheetal Pankaj Zanwar | Director | 05 Dec 2022 | 3 Years 10 Months | Current |
| Raghunandan Ramchandra Joshi | Managing Director | 22 May 2013 | 13 Years 4 Months | Current |
| Khushroo Mehernosh Cooper Also directs: Mayuresh Infotech Private Limited | Director | 22 May 2013 | 13 Years 4 Months | Current |
| Meena Raghunandan Joshi | Director | 31 Mar 2014 | 12 Years 6 Months | Current |
Peer Comparison of Ace Electronics Private Limited
Ace Electronics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Smart Tech Infosystems Private Limited | ₹2.06 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| S.S.T. India Private Limited | ₹2.06 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Cnetric Global Private Limited | ₹2.06 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Savya Engineering Services Private Limited | ₹2.06 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Navi Mumbai, Maharashtra, India |
| Namya Future Technologies India Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Chandigarh, India |
| Ace Electronics Private Limited this company | ₹2.05 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Pune, Maharashtra, India |
| Brilliant Info Systems Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Hanker Systems (India) Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Hyderabad, Telangana, India |
| Ras Software Solutions Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Haryana, India |
| Crossover Technology Private Limited | ₹2.04 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Thane, Maharashtra, India |
| Kurativz Technologies & Consultation Services Private Limited | ₹2.04 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ace Electronics by revenue in the Information Technology industry (IT Consulting and 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 Ace Electronics Private Limited
Ace Electronics Private Limited is audited by P R A S S & ASSOCIATES LLP for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R A S S & ASSOCIATES LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ace Electronics Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ace Electronics Private Limited
Ace Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ace Electronics Private Limited
Ace Electronics Private Limited has 1 court case on record: 1 filed by Ace Electronics. All case is pending. Status as checked on 01 Oct 2026.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Pune Municipal Corporation | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Ace Electronics Private Limited
Ace Electronics Private Limited has a workforce of 0 employees as of Apr 04, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ace Electronics Private Limited
Ace Electronics Private Limited has 10 board changes on record since 2013: 6 appointments and 4 cessations. The latest: Pankaj Shriniwas Zanwar was appointed as Director on 05 Dec 2022.
AGM
Ace Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ace Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Pankaj Shriniwas Zanwar was appointed as Director.
Appointed
Sheetal Pankaj Zanwar was appointed as Director.
Ceased
Kaustubh Joshi Raghunandan ceased to be Director.
Ceased
Raghunandan Ramchandra Joshi ceased to be Director.
Ceased
Mehernosh Nariman Cooper ceased to be Director.
Ceased
Meena Raghunandan Joshi ceased to be Additional Director.
Appointed
Meena Raghunandan Joshi was appointed as Director.
Appointed
Khushroo Mehernosh Cooper was appointed as Director.
Appointed
Mehernosh Nariman Cooper was appointed as Director.
Appointed
Raghunandan Ramchandra Joshi was appointed as Managing Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ace Electronics Private Limited
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MSME Payment Delays by Ace Electronics Private Limited
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Subsidiaries & Group Companies of Ace Electronics Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Ace Electronics Private Limited
Ace Electronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA8270C1ZN | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ace Electronics Private Limited
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Frequently Asked Questions about Ace Electronics Private Limited
Ace Electronics is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 May 2013 (13+ years old) and is registered under CIN U72200PN2013PTC147513.
Ace Electronics reported revenue of ₹2.05 Cr for FY 2025 (up 44% YoY).
Ace Electronics has 5 current directors:
- Raghunandan Ramchandra Joshi - Managing Director
- Pankaj Shriniwas Zanwar - Director
- Sheetal Pankaj Zanwar - Director
- Khushroo Mehernosh Cooper - Director
- Meena Raghunandan Joshi - Director
Ace Electronics reported a net profit of ₹51.3 Lakh (net margin 25%) and EBITDA of ₹1.03 Cr (EBITDA margin 50.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ace Electronics is 57% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ace Electronics is 27AALCA8270C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ace Electronics is U72200PN2013PTC147513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Electronics has 1 court case on record: 1 filed by the company. 1 is pending.
Ace Electronics was incorporated on 22 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ace Electronics by revenue are Smart Tech Infosystems Private Limited, S.S.T. India Private Limited, Cnetric Global Private Limited, Savya Engineering Services Private Limited, Namya Future Technologies India Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Pankaj Shriniwas Zanwar was appointed as Director on 05 Dec 2022. Sheetal Pankaj Zanwar was appointed as Director on 05 Dec 2022. Kaustubh Joshi Raghunandan ceased to be Director on 30 Nov 2022. Ace Electronics has 10 board changes on record in total.