About Aray Systems Private Limited
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Aray Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 21 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2013PTC075157. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.2 Lakh and a paid-up capital of ₹1.08 Lakh. It is led by directors Roopal Ajay Goyal and Ajay Goyal.
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 C – 1101 Titanium City Center Anand Nagar Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹18 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹78,954 (net margin 4.4%) and EBITDA of ₹1.29 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 625% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website araycon.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 1101 Titanium City Center Anand Nagar Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustrySoftware, Software Publishing, Software Development
- 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 Aray Systems Private Limited
The main business activity of Aray 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 | 62 | 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 Aray Systems Private Limited FY 2025 filings available
Aray Systems Private Limited reported revenue of ₹18 Lakh (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aray Systems Private Limited
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 625%. EBITDA fell 28% 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 Aray 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 | ₹1.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹78,954 | •••• | •••• | •••• | •••• |
| 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 Aray Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Aray 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 Aray Systems Private Limited
Aray Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Xrevol Technologies Private Limited | ₹18.01 Lakh (FY 2023) | •••• | •••• | -38.0% | •••• | Ernakulam, Kerala, India |
| Saras Byte Solutions Private Limited | ₹18.01 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Ranchi, Jharkhand, India |
| E-Net Infoways Private Limited | ₹18.01 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Feral Techlabs Private Limited | ₹18 Lakh (FY 2024) | •••• | •••• | •••• | Kandivlai West, Maharashtra, India | |
| Sanelite Technologies Private Limited | ₹18 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Aray Systems Private Limited this company | ₹18 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
| IT Mandi India Private Limited | ₹18 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Raipur, Chhattisgarh, India |
| Satelite Compusoft Private Limited | ₹18 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Exyga Private Limited | ₹18 Lakh (FY 2025) | •••• | •••• | 493.0% | •••• | Hyderabad, Telangana, India |
| Vaizva Tech Private Limited | ₹18 Lakh (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Viaibl Edge Private Limited | ₹18 Lakh (FY 2025) | •••• | •••• | 120.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Aray Systems by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Aray Systems Private Limited
Aray Systems Private Limited is audited by SHANTILAL R. GONDALIA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHANTILAL R. GONDALIA & CO. | 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 Aray Systems Private Limited
Aray Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roopal Ajay Goyal Also directs: Aray Consulting LLP | Director | 21 May 2013 | 13 Years 4 Months | Current |
| Ajay Goyal Also directs: Aray Consulting LLP | Director | 21 May 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Aray 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 Aray Systems Private Limited
Aray Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aray Systems Private Limited
Employment history and EPFO contributions of people linked to Aray Systems.
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 Aray Systems Private Limited
Aray Systems Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ajay Goyal was appointed as Director on 21 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for Aray 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 Aray 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 Aray 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 Aray Systems Private Limited
Aray Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Aray 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 Aray Systems Private Limited
Aray Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software publishing, within the software industry. It was incorporated on 21 May 2013 (13+ years old) and is registered under CIN U72200GJ2013PTC075157.
Aray Systems reported revenue of ₹18 Lakh for FY 2025 (down 10% YoY).
Aray Systems has 2 current directors:
- Roopal Ajay Goyal - Director
- Ajay Goyal - Director
Aray Systems reported a net profit of ₹78,954 (net margin 4.4%) and EBITDA of ₹1.29 Lakh (EBITDA margin 7.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aray Systems is 625% over three years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
No. Aray Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aray Systems is U72200GJ2013PTC075157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aray Systems was incorporated on 21 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aray Systems by revenue are Xrevol Technologies Private Limited, Saras Byte Solutions Private Limited, E-Net Infoways Private Limited, Feral Techlabs Private Limited, Sanelite Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ajay Goyal was appointed as Director on 21 May 2013. Roopal Ajay Goyal was appointed as Director on 21 May 2013.
Yes, Aray Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).