Bestec Systems Private Limited
About Bestec Systems Private Limited
Data last updated:
Bestec Systems Private Limited is a private limited company based in New, Delhi, India, a subsidiary of Best International Private Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36997DL2017PTC315581. Its GSTIN is 06AAHCB1700A1ZL (Haryana).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.66 Cr. It is led by directors including Nitesh Jain (Managing Director) and Steven Timothy Dyk.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 5/21 Safdarjung Development Area, New, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.7 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹73.26 Lakh (net margin -7.6%) and EBITDA of -₹14.49 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 126% over three years and 163% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr on record. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹63.3 Lakh; the latest was in February 2022. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Steelkraft Hospitality Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC – 5/21 Safdarjung Development Area, New, Delhi, India – 110016
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Bestec Systems Private Limited
The main business activity of Bestec Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Bestec Systems Private Limited FY 2024 filings available
Bestec Systems Private Limited reported revenue of ₹9.7 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bestec Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 163% over five years, including 32% growth in the latest year. EBITDA rose 48% 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 Bestec 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 | -₹14.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹73.26 Lakh | •••• | •••• | •••• | •••• |
| 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 Bestec Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.6% | •••• | •••• | •••• | •••• |
| 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 Bestec Systems are in the company report.
Financial statements from FY 2018
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 Bestec Systems Private Limited
Bestec Systems Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steelkraft Hospitality Private Limited | •••• | •••• | •••• | •••• | 12 | Bangalore, Karnataka, India |
| Tirupati Electrify Shops Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Eyyani Electric Machines Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Powerx Solutions Private Limited | •••• | •••• | •••• | •••• | - | Udaipur, Rajasthan, India |
| Hanbao Industries India Private Limited | •••• | •••• | •••• | •••• | 34 | Chennai, Tamil Nadu, India |
| Bestec Systems Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Nitrotech Energy Private Limited | •••• | •••• | •••• | •••• | - | Rohtak, Haryana, India |
| Prismiq Industries Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Sparepedia Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Eap Electro Projects Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| A H Infra Limited | •••• | •••• | •••• | •••• | 10 | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Bestec Systems by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bestec Systems Private Limited
Bestec Systems Private Limited is audited by OP BAGLA& CO LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| OP BAGLA& CO LLP | 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 Bestec Systems Private Limited
Bestec Systems has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Steven Timothy Dyk | Director | 04 May 2020 | 6 Years 5 Months | Current |
| Surinder Jain | Director | 05 Apr 2017 | 9 Years 6 Months | Current |
| Nitin Jain | Director | 05 Apr 2017 | 9 Years 6 Months | Current |
| Nitesh Jain | Managing Director | 05 Apr 2017 | 9 Years 6 Months | Current |
| Michael Lloyd Lanser | Director | 08 Jun 2017 | 9 Years 3 Months | Current |
| Jonathan Robert De Young | Director | 08 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Bestec 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 Bestec Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2024 | Citi Bank N.A. | ₹15 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Bestec Systems Private Limited
Bestec Systems Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹63.3 Lakh; the latest was in February 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Best International Private Limited Seller: Best Group Holding LLP |
| Nov 2020 | Rights issue | ₹5.86 Cr | Investors: Best Group Holding LLP , Innotec Corp |
| Feb 2018 | Rights issue | ₹3.34 Cr | Investors: Best Group Holding LLP , Innotec Corp |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Best Group Holding LLP Seller: 2 individuals |
| May 2017 | Funding round | ₹63.3 Lakh | Investors: Innotec Corp, Best Group Holding LLP |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Bestec Systems Private Limited
Bestec Systems Private Limited has a workforce of 27 employees as of Feb 17, 2025.
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 Bestec Systems Private Limited
Bestec Systems Private Limited has 12 board changes on record since 2017: 6 appointments and 6 cessations. The latest: Steven Timothy Dyk ceased to be Additional Director on 04 Sep 2020.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bestec 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 Bestec 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 Bestec 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 Bestec Systems Private Limited
Bestec Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCB1700A1ZL | Haryana | Active | 01 Aug 2017 |
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 Bestec 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 Bestec Systems Private Limited
Bestec Systems is an active private limited company based in New, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 April 2017 (9+ years old) and is registered under CIN U36997DL2017PTC315581.
Bestec Systems reported revenue of ₹9.7 Cr for FY 2025 (up 32% YoY).
Bestec Systems has 6 current directors:
- Nitesh Jain - Managing Director
- Steven Timothy Dyk - Director
- Surinder Jain - Director
- Nitin Jain - Director
- Michael Lloyd Lanser - Director
- Jonathan Robert De Young - Director
Bestec Systems reported a net loss of ₹73.26 Lakh (net margin -7.6%) and EBITDA of -₹14.49 Lakh (EBITDA margin -1.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bestec Systems is 126% over three years and 163% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bestec Systems is 06AAHCB1700A1ZL, registered in Haryana.
The CIN (Corporate Identification Number) of Bestec Systems is U36997DL2017PTC315581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bestec Systems was incorporated on 05 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Bestec Systems has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹63.3 Lakh; the latest was in February 2022.
The peers of Bestec Systems by revenue are Steelkraft Hospitality Private Limited, Tirupati Electrify Shops Private Limited, Eyyani Electric Machines Private Limited, Powerx Solutions Private Limited, Hanbao Industries India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Steven Timothy Dyk ceased to be Additional Director on 04 Sep 2020. Steven Timothy Dyk was appointed as Director on 04 May 2020. Paul Alan Kramer ceased to be Director on 31 Mar 2020. Bestec Systems has 12 board changes on record in total.