About Applied Systems India Private Limited
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Applied Systems India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Webcetera Holdings Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64202KA2003PTC032232. Its GSTIN is 29AAACW5631J1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.18 Lakh. It was formerly known as Texcel Datasystems Limited and Webcetera Software Solutions Private Limited. It is led by directors Raju Palya Suman and Pramod Guttal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.9 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹11.75 Cr (net margin 12.1%) and EBITDA of ₹18.84 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 33% over five years.
The company has about 268 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Webcetera. As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website www1.appliedsystems.com.
Company details
Name history
Applied Systems India has undergone 3 name changes throughout its history. The company was previously known as Texcel Datasystems Limited, Webcetera Software Solutions Private Limited, and Texcel Datasystems Private Limited. The current legal name is Applied Systems India Private Limited.
| Company Name | Status |
|---|---|
| Applied Systems India Private Limited | Current |
| Texcel Datasystems Limited | Previous |
| Webcetera Software Solutions Private Limited | Previous |
| Texcel Datasystems Private Limited | Previous |
Contact details
Applied Systems India Private Limited's registered office is in Bangalore, Karnataka. Its website is www1.appliedsystems.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBrigade Wtc Annexe 4th And 5th Floor, Municipal No 26 A Block Municipal Ward No 9 Subramanyanagar, Bangalore, Karnataka, India – 560055
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Applied Systems India 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
Brands
Applied Systems India operates one associated brand: Webcetera. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides insurance software solutions for businesses. | webcetera.com |
Business activity
The main business activity of Applied Systems India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Applied Systems India Private Limited, buy the company report.
Financials of Applied Systems India Private Limited
FY 2025 filings availableApplied Systems India Private Limited reported revenue of ₹96.9 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 48% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18.84 Cr | ||||
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| Net Profit (PAT) | ₹11.75 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 | 19.4% | ||||
| Net Profit Margin | 12.1% | ||||
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To see the full financial statements and ratios of Applied Systems India Private Limited, buy the company report.
Board of directors of Applied Systems India Private Limited
Applied Systems India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Palya Suman | Director | 08 Feb 2024 | 2 Years 8 Months | Current |
| Pramod Guttal | Director | 10 Jul 2003 | 23 Years 3 Months | Current |
Peer comparison
Applied Systems India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fiserv Ce Private Limited | ₹98.14 Cr (FY 2022) | 97.0% | New Delhi, Delhi, India | |||
| Applied Systems India Private Limitedthis company | ₹96.9 Cr (FY 2025) | ₹11.75 Cr | 12.1% | 48.0% | 268 | Bangalore, Karnataka, India |
| Egdk India Private Limited | ₹96.39 Cr (FY 2025) | 240.0% | Mangalore, Karnataka, India | |||
| Mindstix Software Labs Private Limited | ₹96.34 Cr (FY 2025) | -11.0% | Thane, Maharashtra, India | |||
| Congruent Info-Tech Private Limited | ₹95.69 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India | |||
| Marg Erp Limited | ₹95.35 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Applied Systems India Private Limited, buy the company report.
Auditor
Applied Systems India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2022 | 008072S |
Shareholding
The shareholding of Applied Systems India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Applied Systems India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2021 | 100517640 | Hdfc Bank Limited | ₹3 Cr | Open |
To see the full charge records of Applied Systems India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Applied Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Applied Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Applied Systems India Private Limited has a workforce of 268 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Applied Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW5631J1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Applied Systems India Private Limited, buy the company report.
Recent activity
Applied Systems India Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Raju Palya Suman ceased to be Additional Director on 29 Sep 2024.
News
Frequently asked questions
Applied Systems India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 July 2003 (23+ years old) and is registered under CIN U64202KA2003PTC032232.
Applied Systems India has 2 current directors:
- Raju Palya Suman - Director
- Pramod Guttal - Director
The latest financial statements of Applied Systems India 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 Applied Systems India is 29AAACW5631J1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Applied Systems India is U64202KA2003PTC032232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Applied Systems India was incorporated on 10 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Applied Systems India by revenue are Fiserv Ce Private Limited, Egdk India Private Limited, Mindstix Software Labs Private Limited, Congruent Info-Tech Private Limited, Marg Erp Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Raju Palya Suman ceased to be Additional Director on 29 Sep 2024. Rajendra Guttal ceased to be Director on 09 Feb 2024. Raju Palya Suman was appointed as Director on 08 Feb 2024. Applied Systems India has 5 board changes on record in total.
Applied Systems India can be reached through the website www1.appliedsystems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Applied Systems India is at Brigade Wtc Annexe 4th And 5th Floor, Municipal No 26 A Block Municipal Ward No 9 Subramanyanagar, Bangalore, Karnataka, India – 560055.
Applied Systems India operates in the information technology industry, in the application development and software solutions segment.