MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0012646
Argus Electronic Security Systems Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.41 Cr
▼ 7% YoY
Net profit · FY 2024
₹1 Cr
Net margin 1.7%
EBITDA · FY 2024
₹9.08 Cr
EBITDA margin 15.6%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.23 Cr
Issued & subscribed
Open charges
₹124.85 Cr
Satisfied ₹29.35 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
19
Provident fund records
About Argus Electronic Security Systems Private Limited
Data last updated:
Argus Electronic Security Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the security products segment of the manufacturing sector. It was incorporated on 20 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74920MH2002PTC136274. Its GSTIN is 27AADCA8367Q1ZW (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.23 Cr. It was formerly known as A.J. Security Systems Private Limited. It is led by directors including Amaar Motwani (Managing Director) and Ankit Ramnani.
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 Indus Court Ground Floor Flat No.1 Plot No.13 A Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.41 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 1.7%) and EBITDA of ₹9.08 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Argus Esspl. As per MCA filings, the company has open charges of ₹124.85 Cr and satisfied charges of ₹29.35 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Argus Electronic Security Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0012646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website argussecure.com.
Company Details of Argus Electronic Security Systems Private Limited
CIN U74920MH2002PTC136274
Registration Number 136274
Incorporation Date 20 June 2002
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
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0012646
Recognitions & Rankings of Argus Electronic Security Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressIndus Court Ground Floor Flat No.1 Plot No.13 A Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryManufacturing, Security Products
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Associated Brands with Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems operates one associated brand: Argus Esspl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic security systems and services are delivered by Argus Esspl in various sectors across India. | argussecure.com |
Business Activity of Argus Electronic Security Systems Private Limited
The main business activity of Argus Electronic Security Systems is support service to organizations. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | Locked |
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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 Argus Electronic Security Systems Private Limited FY 2024 filings available
Argus Electronic Security Systems Private Limited reported revenue of ₹58.41 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹58.41 Cr ▼ 7%
Net profit · FY 2024
₹1 Cr margin 1.7%
EBITDA · FY 2024
₹9.08 Cr margin 15.6%
Compounded Annual Growth Rate (CAGR) of Argus Electronic Security Systems Private Limited
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 18%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 35%
5 years · compounded
▲ 18%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 32% 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 Argus Electronic Security Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹58.41 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1 Cr | •••• | •••• | •••• | •••• |
| 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 Argus Electronic Security Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Argus Electronic Security Systems 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 Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Ramnani | Director | 28 Feb 2021 | 5 Years 7 Months | Current |
| Mehaak Motwani Also directs: Ea Infra LLP, Amima Mines and Minerals Private Limited, Argus Projects Private Limited and 3 more | Director | 06 Jan 2005 | 21 Years 9 Months | Current |
| Amaar Motwani Also directs: Ea Infra LLP, Amima Mines and Minerals Private Limited, Argus Projects Private Limited and 5 more | Managing Director | 20 Jun 2002 | 24 Years 4 Months | Current |
| Deepak Ramnani | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Peer Comparison of Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Security Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solucio Infra Private Limited | ₹67.5 Cr (FY 2024) | •••• | •••• | 669.0% | •••• | Anand, Gujarat, India |
| Technocrats Security Systems Private Limited | ₹67.37 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Agni Devices Private Limited | ₹66.17 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Lock Master (India) Private Limited | ₹60.36 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Uttar Pradesh, India |
| Banner Engineering India Private Limited | ₹59.15 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Argus Electronic Security Systems Private Limited this company | ₹58.41 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Intech Fire& Security Private Limited | ₹57.35 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ozone Secutech Private Limited | ₹56.39 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Alcolite India Road Safety Private Limited | ₹54.92 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Howell Protection Systems India Private Limited | ₹53.76 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Digitals India Security Products Private Limited | ₹53.67 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Argus Electronic Security Systems by revenue in the Manufacturing industry (Security Products), 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 Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems Private Limited is audited by PANKAJ NAGINLAL JHAMAR for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANKAJ NAGINLAL JHAMAR | 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 Argus Electronic Security Systems Private Limited
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Charges & Borrowings of Argus Electronic Security Systems Private Limited
Open charges
₹124.85 Cr
Satisfied charges
₹29.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Oct 2025 | Axis Bank Limited | ₹34.9 Cr | Open |
| 03 Sep 2025 | Hdfc Bank Limited | ₹46.36 Lakh | Open |
| 25 Aug 2025 | Axis Bank Limited | ₹34.9 Cr | Open |
| 16 Jul 2025 | Hdfc Bank Limited | ₹18.21 Lakh | Open |
| 23 Oct 2024 | Others | ₹1.6 Cr | Open |
Total charge records: 22 View all charges
Legal Cases of Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems Private Limited has 1 court case on record: 1 filed by Argus Electronic Security Systems. 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, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against an individual | 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 Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems Private Limited has a workforce of 19 employees as of Sep 24, 2025.
Employee count
19
Active EPFO establishments
1
Employee growth
-9.52%
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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 Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems Private Limited has 10 board changes on record since 2002: 7 appointments and 3 cessations. The latest: Ankit Ramnani was appointed as Director on 28 Feb 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 34.90 Cr with Charge ID 101171447 was registered on 23 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.46 Cr with Charge ID 101184583 was registered on 03 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 34.90 Cr with Charge ID 101176328 was registered on 25 Aug 2025.
Charges
A charge with Axis Bank Limited of Rs. 27.29 Cr registered on 28 Jul 2015 with Charge ID 10586813 was modified on 25 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101159478 was registered on 16 Jul 2025.
Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100996545 was registered on 23 Oct 2024.
AGM
Argus Electronic Security Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 28 Feb 2023 via Charge ID 100690946 with Tata Capital Financial Services Limited was fully satisfied on 02 Aug 2024.
Filing
Argus Electronic Security Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.80 Cr with Charge ID 100748642 was registered on 12 Jul 2023.
Charges
A charge with Standard Chartered Bank amounted to Rs. 11.00 Cr with Charge ID 100748649 was registered on 12 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100811122 was registered on 10 Jul 2023.
37 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Argus Electronic Security Systems Private Limited
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MSME Payment Delays by Argus Electronic Security Systems Private Limited
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Subsidiaries & Group Companies of Argus Electronic Security Systems Private Limited
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Corporate group structure
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GST Compliance of Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA8367Q1ZW | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Argus Electronic Security Systems Private Limited
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Frequently Asked Questions about Argus Electronic Security Systems Private Limited
Argus Electronic Security Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in security products, within the manufacturing industry. It was incorporated on 20 June 2002 (24+ years old) and is registered under CIN U74920MH2002PTC136274.
Argus Electronic Security Systems reported revenue of ₹58.41 Cr for FY 2024 (down 7% YoY).
Argus Electronic Security Systems has 4 current directors:
- Amaar Motwani - Managing Director
- Ankit Ramnani - Director
- Mehaak Motwani - Director
- Deepak Ramnani - Director
Argus Electronic Security Systems reported a net profit of ₹1 Cr (net margin 1.7%) and EBITDA of ₹9.08 Cr (EBITDA margin 15.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Argus Electronic Security Systems is 18% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Argus Electronic Security Systems is 27AADCA8367Q1ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Argus Electronic Security Systems is U74920MH2002PTC136274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Argus Electronic Security Systems has 1 court case on record: 1 filed by the company. 1 is pending.
Argus Electronic Security Systems was incorporated on 20 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Argus Electronic Security Systems by revenue are Solucio Infra Private Limited, Technocrats Security Systems Private Limited, Agni Devices Private Limited, Lock Master (India) Private Limited, Banner Engineering India Private Limited and 5 more, all in the Manufacturing industry (Security Products).
Ankit Ramnani was appointed as Director on 28 Feb 2021. Pooja Ramnani ceased to be Director on 28 Feb 2021. Chetandas Narumal Motwani ceased to be Director on 02 Mar 2019. Argus Electronic Security Systems has 10 board changes on record in total.