Acor Abhay Systems Private Limited

Acor Abhay Systems Private Limited - information technology in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN U32302MH2017PTC302156 Incorporated 23 November 2017 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.64 Cr
▲ 150% YoY
Net profit · FY 2024
₹13.12 Lakh
Net margin 8%
EBITDA · FY 2024
₹15.94 Lakh
EBITDA margin 9.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹31.4 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Acor Abhay Systems Private Limited

Data last updated:

Acor Abhay Systems Private Limited is a private limited company based in Aurangabad, Maharashtra, 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 23 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32302MH2017PTC302156. Its GSTIN is 27AAQCA2624R1Z1 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhay Anantrao Ghuge and Avinash Anantrao Ghuge.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 10 Gut No 16 Satara Subhakar Nagar Road, Aurangabad, Maharashtra, India – 431001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.64 Cr, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹13.12 Lakh (net margin 8%) and EBITDA of ₹15.94 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 30% over five years.

As per MCA filings, the company has open charges of ₹31.4 Lakh on record. Court records list 1 case involving the company, including 1 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 acor.in.

Company Details of Acor Abhay Systems Private Limited
CIN U32302MH2017PTC302156
Registration Number 302156
Incorporation Date 23 November 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Plot No 10 Gut No 16 Satara Subhakar Nagar Road, Aurangabad, Maharashtra, India – 431001
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Acor Abhay Systems Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Acor Abhay Systems Private Limited

The main business activity of Acor Abhay Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Acor Abhay Systems Private Limited FY 2024 filings available

Acor Abhay Systems Private Limited reported revenue of ₹1.64 Cr (up 150% YoY) for FY 2024.

Revenue · FY 2024
₹1.64 Cr ▲ 150%
Net profit · FY 2024
₹13.12 Lakh margin 8%
EBITDA · FY 2024
₹15.94 Lakh margin 9.7%

Compounded Annual Growth Rate (CAGR) of Acor Abhay Systems Private Limited

Revenue CAGR growth
1 year
▲ 150%
3 years · compounded
▲ 21%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 46%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 150% growth in the latest year. EBITDA rose 86% 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 Acor Abhay Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹15.94 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹13.12 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 Acor Abhay Systems Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.7%••••••••••••••••
Net Profit Margin8%••••••••••••••••
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 Acor Abhay Systems are in the company report.

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Financial statements from FY 2018

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Peer Comparison of Acor Abhay Systems Private Limited

Acor Abhay Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Minilec Controls Pvt Ltd••••••••••••••••-Pune, Maharashtra, India
Alba Smart Automation Private Limited••••••••••••••••-Gurgaon, Haryana, India
Autosoft Engineering Projects Private Limited••••••••••••••••-Haveli, Maharashtra, India
Forbix Semicon India Private Limited••••••••••••••••-Bengaluru, Karnataka, India
Ridan System Private Limited••••••••••••••••-East Delhi, Delhi, India
Acor Abhay Systems Private Limited this company••••••••••••••••-Aurangabad, Maharashtra, India
Aljunied Werks Private Limited••••••••••••••••-Bangalore North, Karnataka, India
Whale Graphics (India) Limited••••••••••••••••-New Delhi, Delhi, India
Conic Systems Private Limited••••••••••••••••-Kolkata, West Bengal, India
Nordic Wireless India Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Teknosarus Embedded Systems Private Limited••••••••••••••••-Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Acor Abhay Systems by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Acor Abhay Systems Private Limited

Acor Abhay Systems Private Limited is audited by CHARKHA AND GATTANI for the financial year 2023.

NameStatusAppointment DateCessation Date
CHARKHA AND GATTANILockedLockedLocked
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Board of Directors of Acor Abhay Systems Private Limited

Acor Abhay Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Avinash Anantrao GhugeAdditional Director16 Jul 20215 Years 2 MonthsCurrent
Abhay Anantrao GhugeDirector23 Nov 20178 Years 10 MonthsCurrent

Ownership and Shareholding of Acor Abhay Systems Private Limited

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Charges & Borrowings of Acor Abhay Systems Private Limited

Open charges
₹31.4 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.31 Cr
Latest charge details
DateLenderAmountStatus
14 May 2021State Bank of India₹31.4 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Acor Abhay Systems Private Limited

Employment history and EPFO contributions of people linked to Acor Abhay Systems.

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Employee and EPFO history

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Recent Activity on Acor Abhay Systems Private Limited

Acor Abhay Systems Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Anant Sambhaji Ghuge ceased to be Director on 31 Mar 2022.

AGM
Acor Abhay Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Acor Abhay Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Ceased
Anant Sambhaji Ghuge ceased to be Director.
Appointed
Avinash Anantrao Ghuge was appointed as Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 31.40 Lakh with Charge ID 100447425 was registered on 14 May 2021.
Appointed
Abhay Anantrao Ghuge was appointed as Director.
Incorporation
23 Nov 2017
Acor Abhay Systems Private Limited was registered on 23 Nov 2017 with Roc Mumbai Ii & aged 8 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Acor Abhay Systems Private Limited

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MSME Payment Delays by Acor Abhay Systems Private Limited

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Subsidiaries & Group Companies of Acor Abhay Systems Private Limited

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GST Compliance of Acor Abhay Systems Private Limited

Acor Abhay Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAQCA2624R1Z1MaharashtraActive26 Dec 2017
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MCA Filings & Documents of Acor Abhay Systems Private Limited

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Frequently Asked Questions about Acor Abhay Systems Private Limited

Acor Abhay Systems is an active private limited company based in Aurangabad, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 23 November 2017 (9+ years old) and is registered under CIN U32302MH2017PTC302156.

Acor Abhay Systems reported revenue of ₹1.64 Cr for FY 2024 (up 150% YoY).

Acor Abhay Systems has 2 current directors:

Acor Abhay Systems reported a net profit of ₹13.12 Lakh (net margin 8%) and EBITDA of ₹15.94 Lakh (EBITDA margin 9.7%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Acor Abhay Systems is 21% over three years and 30% over five years. In the latest year (FY 2024) revenue rose 150%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Acor Abhay Systems is 27AAQCA2624R1Z1, registered in Maharashtra.

The CIN (Corporate Identification Number) of Acor Abhay Systems is U32302MH2017PTC302156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Acor Abhay Systems has 1 court case on record: 1 filed by the company. 1 is pending.

Acor Abhay Systems was incorporated on 23 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Acor Abhay Systems by revenue are Minilec Controls Pvt Ltd, Alba Smart Automation Private Limited, Autosoft Engineering Projects Private Limited, Forbix Semicon India Private Limited, Ridan System Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).

Anant Sambhaji Ghuge ceased to be Director on 31 Mar 2022. Avinash Anantrao Ghuge was appointed as Additional Director on 16 Jul 2021. Abhay Anantrao Ghuge was appointed as Director on 23 Nov 2017.

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