Techserv Innovations Private Limited

Techserv Innovations Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74900DL2009PTC187454 Incorporated 10 February 2009 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer electronics and durables MSME · Medium
Data last updated
Revenue · FY 2024
₹79.75 Cr
▼ 5% YoY
Net profit · FY 2024
₹2.83 Cr
Net margin 3.5%
EBITDA · FY 2024
₹3.86 Cr
EBITDA margin 4.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Techserv Innovations Private Limited

Data last updated:

Techserv Innovations Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 February 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2009PTC187454. Its GSTIN is 07AAICA2301H1Z6 (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It was formerly known as Techserv Systems Private Limited and Akin Technology Private Limited. It is led by directors Nikhil Yadav and Vinod Kumar.

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 C – 37 Ground And Second Floor Dda Shed Okhla Industrial Estate Phase 1, New Delhi, Delhi, India – 110020.

As per the financials filed for FY 2024, the company reported a revenue of ₹79.75 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Cr (net margin 3.5%) and EBITDA of ₹3.86 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 29% over five years.

As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Techserv Innovations Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0024662). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techservin.com.

Company details

CIN U74900DL2009PTC187454
Registration Number 187454
Incorporation Date 10 February 2009
ROC Delhi
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-DL-10-0024662

Name history

Techserv Innovations has undergone 3 name changes throughout its history. The company was previously known as Techserv Systems Private Limited, Akin Technology Private Limited, and Ayush Audio Visual Systems Private Limited. The current legal name is Techserv Innovations Private Limited.

Company NameStatus
Techserv Innovations Private LimitedCurrent
Techserv Systems Private LimitedPrevious
Akin Technology Private LimitedPrevious
Ayush Audio Visual Systems Private LimitedPrevious

Recognitions & Rankings of Techserv Innovations

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-10-0024662

Contact details

Techserv Innovations Private Limited's registered office is in New Delhi, Delhi. Its website is techservin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 37 Ground And Second Floor Dda Shed Okhla Industrial Estate Phase 1, New Delhi, Delhi, India – 110020
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Techserv Innovations Private Limited, buy the company report.

Comprehensive company report
Techserv Innovations Private Limited - one report that includes everything
  • 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
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Business activity

The main business activities of Techserv Innovations are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Techserv Innovations Private Limited, buy the company report.

Financials of Techserv Innovations Private Limited

FY 2024 filings available

Techserv Innovations Private Limited reported revenue of ₹79.75 Cr (down 5% YoY) for FY 2024.

Revenue · FY 2024
₹79.75 Cr ▼ 5%
Net profit · FY 2024
₹2.83 Cr margin 3.5%
EBITDA · FY 2024
₹3.86 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 38%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 52%
5 years · compounded
▲ 33%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 4% 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

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₹3.86 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.83 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.8%
Net Profit Margin3.5%
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

To see the full financial statements and ratios of Techserv Innovations Private Limited, buy the company report.

Board of directors of Techserv Innovations Private Limited

Techserv Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil YadavDirector18 Jun 20215 Years 4 MonthsCurrent
Vinod KumarDirector10 Feb 200917 Years 8 MonthsCurrent

Peer comparison

Techserv Innovations Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wekraft Solar Energy Private Limited₹81.23 Cr (FY 2025)212.0%Bangalore, Karnataka, India
Global Telelinks Private Limited₹80.5 Cr (FY 2025)1.0%Delhi, India
Khaitan (India) Ltd₹80.36 Cr (FY 2025)35.0%Kolkata, West Bengal, India
Bga Electrical & Services Private Limited₹80.15 Cr (FY 2025)1.0%Kolkata, West Bengal, India
Vishi Electronics (India) Private Limited₹80.06 Cr (FY 2025)-67.0%Mumbai, Maharashtra, India
Techserv Innovations Private Limitedthis company₹79.75 Cr (FY 2024)₹2.83 Cr3.5%-5.0%New Delhi, Delhi, India
Shubh Telecom Private Limited₹79.39 Cr (FY 2024)24.0%Moradabad, Uttar Pradesh, India
Acoria International Private Limited₹79.11 Cr (FY 2025)42.0%Anand, Gujarat, India

To see the full peer comparison of Techserv Innovations Private Limited, buy the company report.

Auditor

Techserv Innovations Private Limited is audited by B S R T & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B S R T & COFY 2023027272N

Shareholding

The shareholding of Techserv Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Techserv Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Mar 2022100560871Others₹1.5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Techserv Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Techserv Innovations has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AAICA2301H1Z6DelhiActive01 Jul 2017
29AAICA2301H1Z0KarnatakaActive25 Jan 2022

To see the full GST registrations and return filing status of Techserv Innovations Private Limited, buy the company report.

Recent activity

Techserv Innovations Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Harendra Singh ceased to be Whole-Time Director on 16 Oct 2023.

AGM
Techserv Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Techserv Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Harendra Singh ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100560871 was registered on 19 Mar 2022.
Appointed
Nikhil Yadav was appointed as Director.
Ceased
Sanjay Kumar Gupta ceased to be Director.
Ceased
Sarita Rani ceased to be Director.
Appointed
Vinod Kumar was appointed as Director.
Incorporation
10 Feb 2009
Techserv Innovations Private Limited was registered on 10 Feb 2009 with Roc Delhi & aged 17 years 8 months as per MCA records.

Frequently asked questions

Techserv Innovations is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 February 2009 (17+ years old) and is registered under CIN U74900DL2009PTC187454.

Techserv Innovations has 2 current directors:

The latest financial statements of Techserv Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Techserv Innovations is 07AAICA2301H1Z6, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICA2301H1Z0 (Karnataka).

The CIN (Corporate Identification Number) of Techserv Innovations is U74900DL2009PTC187454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Techserv Innovations has 1 court case on record: 1 filed by the company.

Techserv Innovations was incorporated on 10 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Techserv Innovations by revenue are Wekraft Solar Energy Private Limited, Global Telelinks Private Limited, Khaitan (India) Ltd, Bga Electrical & Services Private Limited, Vishi Electronics (India) Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Harendra Singh ceased to be Whole-Time Director on 16 Oct 2023. Nikhil Yadav was appointed as Director on 18 Jun 2021. Sanjay Kumar Gupta ceased to be Director on 07 Feb 2019. Techserv Innovations has 5 board changes on record in total.

Yes, Techserv Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0024662).

Techserv Innovations can be reached through the website techservin.com. Its registered office is in New Delhi, Delhi, India.