About Maxworth
Maxworth is a Technology company based in Delhi (India) founded in 1993. It delivers IT solutions tailored to the aviation and automobile industries. It operates on a B2B model. The company has 65 employees. Its Indian entity Maxworth Electronic Systems Private Limited reported revenue of ₹19.82 Cr. Its focus areas include Information Technology, IT Services, Software Solutions and Industry-Specific. Its competitors include Flex, Dixon Technologies, Oakter, Veira Group and Virtuoso Optoelectronics and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
Maxworth operates with a B2B model, focusing on information technology, providing IT services, providing software for education, and industry-specific. Delivers IT solutions tailored to the aviation and automobile industries. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Delhi, India
- Employees 65
- SectorsTechnology
- Website maxworthsystems.com
- Legal Name Maxworth Electronic Systems Private Limited
- Date of Incorporation 16 Jul, 1993
- Jurisdiction Delhi, India
- Annual Revenue₹19.82 Cr
FY 2024 · -17% YoY
- Net Loss-₹21.2 Lakh
FY 2024 · -1% margin
- EBITDA₹20.5 Lakh
FY 2024 · 1% margin
- Employee Count65
Associated legal entities of Maxworth
Maxworth operates through Maxworth Electronic Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxworth Electronic Systems Private Limited CIN U74899DL1993PTC054485 | Active | 16 Jul 1993 | New Delhi, Delhi | ₹19.8 Cr | 65 | 2 | View details |
Board of directors of Maxworth Electronic Systems Private Limited (Maxworth)
Maxworth Electronic Systems Private Limited is the primary company behind Maxworth. The board of Maxworth Electronic Systems Private Limited currently have 2 directors; the longest-serving is Sanjay Garg, appointed in 1993. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Garg DIN 01275589 | Director | 16 Jul 1993 | 33 yrs 3 mo | Maxworth Electronic Systems Private Limited |
| Ajay Jhingran DIN 01545615 | Director | 16 Jul 1993 | 33 yrs 3 mo | Maxworth Electronic Systems Private Limited |
People of Maxworth
2 people are tracked at Maxworth (1 in leadership, 1 in team); the tracked headcount is 65.
| Name | Role | Group |
|---|---|---|
Enosh Bolo | CEO | Leadership |
Himanshu Vashistha | Manager Sales | Team |
Complete people profiles for Maxworth
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Financials of Maxworth
Figures of Maxworth Electronic Systems Private Limited, the primary company behind Maxworth, for FY 2024. Revenue was ₹19.82 Cr (-17% year on year). Net loss was -₹21.2 Lakh (-1% margin). EBITDA was ₹20.5 Lakh (1% margin). Revenue has grown at a compounded annual rate of -4% over three years and -13% over five years.
- ₹19.82 CrRevenue · FY 2024 · -17% YoY
- -₹21.2 LakhNet loss · -1% margin
- ₹20.5 LakhEBITDA · 1% margin
- ₹9.2 LakhPaid-up capital
- 65Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maxworth Electronic Systems Private Limited are on its company page.
Detailed financial statements for Maxworth
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Maxworth
Maxworth has 8 listed competitors in our database, 3 of them funded. They include Flex, Dixon Technologies, Oakter, Veira Group and Virtuoso Optoelectronics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flex.com | 1969 | San Jose, United States | – | 148,000 | Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | |
| dixoninfo.com | 1993 | Noida, India | $9.32M | 1,565 | Electronics manufacturing services are provided for consumer and home products. | |
| oakter.com | 2014 | Noida, India | $567,150 | 103 | Electronic contract manufacturing and design services are offered. | |
| veiragroup.com | 1975 | Noida, India | – | 27 | Electronic products are manufactured on contract by Veira Group. | |
| voepl.com | 2015 | Nashik, India | – | 248 | Installation services for LED-based lighting systems are provided. | |
| numericups.com | 1984 | Chennai, India | – | 313 | Uninterrupted power supply systems for electronics are manufactured and supplied. | |
| bwtech.in | 2017 | Palghar, India | $7M | 196 | Provider of electronics manufacturing services | |
| advikgroup.com | 2013 | Delhi, India | – | 6 | Contract manufacturing of optoelectronic products is provided in Delhi. |
Detailed competitors of Maxworth
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Maxworth (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Maxworth
Maxworth was founded in 1993.
Maxworth is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Maxworth has 65 employees.
The primary company behind Maxworth, Maxworth Electronic Systems Private Limited, reported revenue of ₹19.82 Cr for FY 2024, down 17% year on year.
Maxworth operates with a B2B model, focusing on information technology, providing IT services, providing software for education, and industry-specific. Delivers IT solutions tailored to the aviation and automobile industries. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Maxworth's top competitors include Flex, Dixon Technologies and Brandworks Technologies.
Maxworth operates through Maxworth Electronic Systems Private Limited.
The legal entities of Maxworth currently have 2 directors, including Sanjay Garg, Ajay Jhingran.