About Algol Business Systems Private Limited
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Algol Business Systems Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51309HR1996PTC033401. Its GSTIN is 06AACCA3472F1Z0 (Haryana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Navdeep and Sajjan Singh.
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 Faridabad, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.63 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 18.2%) and EBITDA of ₹2.7 Cr (EBITDA margin 31.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.14 Cr and satisfied charges of ₹4.1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algolindia.com.
Company details
Contact details
Algol Business Systems Private Limited's registered office is in Faridabad, Haryana. Its website is algolindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14/3 First Floor, Main Mathura Road, Faridabad, Haryana, India – 121003
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Algol Business Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Algol Business Systems is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Algol Business Systems Private Limited, buy the company report.
Financials of Algol Business Systems Private Limited
FY 2025 filings availableAlgol Business Systems Private Limited reported revenue of ₹8.63 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 10% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.7 Cr | ||||
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| Net Profit (PAT) | ₹1.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 31.3% | ||||
| Net Profit Margin | 18.2% | ||||
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To see the full financial statements and ratios of Algol Business Systems Private Limited, buy the company report.
Board of directors of Algol Business Systems Private Limited
Algol Business Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navdeep | Director | 01 Sep 2005 | 21 Years 1 Months | Current |
| Sajjan Singh | Director | 01 Sep 2005 | 21 Years 1 Months | Current |
| Sandeep Arora Also directs: Smmart Acres LLP, Digiivistta Private Limited, Faridabad Study Center Association and 2 more | Director | 29 Nov 1996 | 29 Years 10 Months | Current |
Auditor
Algol Business Systems Private Limited is audited by AKGS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKGS & ASSOCIATES | FY 2023 | 007762N |
Shareholding
The shareholding of Algol Business Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Algol Business Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2020 | 100367285 | Others | ₹2.75 Cr | Open | |
| 04 Aug 2020 | 100366898 | Others | ₹39 Lakh | Open | |
| 03 Feb 2014 | 10480462 | The Federal Bank Ltd | ₹4 Cr | Open | |
| 15 Jan 2020 | 100342273 | Axis Bank Limited | ₹60.05 Lakh | Satisfied | |
| 18 Apr 2013 | 10425630 | ₹3.5 Cr | Satisfied |
To see the full charge records of Algol Business Systems Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Algol Business Systems Private Limited has 2 court cases on record: 2 filed by Algol Business Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against The State of Gujarat | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Mahavira Institute of Tech and Management | Disposed |
To see the full case history of Algol Business Systems Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Algol Business Systems Private Limited was last rated by Care on 02 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Mar 2022 |
To see the full credit ratings and regulatory alerts of Algol Business Systems Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Algol Business Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Algol Business Systems Private Limited has a workforce of 8 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Algol Business Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCA3472F1Z0 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Algol Business Systems Private Limited, buy the company report.
Recent activity
Algol Business Systems Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Navdeep was appointed as Director on 01 Sep 2005.
1 earlier event is in the company report.
Frequently asked questions
Algol Business Systems is an active private limited company based in Faridabad, Haryana, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 November 1996 (30+ years old) and is registered under CIN U51309HR1996PTC033401.
Algol Business Systems has 3 current directors:
- Navdeep - Director
- Sajjan Singh - Director
- Sandeep Arora - Director
The latest financial statements of Algol Business Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Algol Business Systems is 06AACCA3472F1Z0, registered in Haryana.
The CIN (Corporate Identification Number) of Algol Business Systems is U51309HR1996PTC033401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algol Business Systems has 2 court cases on record: 2 filed by the company.
Algol Business Systems was incorporated on 29 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Navdeep was appointed as Director on 01 Sep 2005. Sajjan Singh was appointed as Director on 01 Sep 2005. Sandeep Arora was appointed as Director on 29 Nov 1996.
Algol Business Systems can be reached through the website algolindia.com. Its registered office is in Faridabad, Haryana, India.
The registered office of Algol Business Systems is at 143 First Floor, Main Mathura Road, Faridabad, Haryana, India – 121003.