MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0024398
Bhavmark Systems Private Limited. - information technology in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.08 Cr
▼ 48% YoY
Net profit · FY 2024
₹9.19 Lakh
Net margin 3%
EBITDA · FY 2024
₹1.34 Cr
EBITDA margin 43.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.04 Cr
Issued & subscribed
Open charges
₹12.26 Cr
Satisfied ₹15.95 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
7
Provident fund records
About Bhavmark Systems Private Limited.
Data last updated:
Bhavmark Systems Private Limited. is a private limited company based in Vasai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 13 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC173061. Its GSTIN is 26AADCB2076K1ZN (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.04 Cr. It is led by directors Narendra Patel Parshottamdas and Bhavana Narendra Patel.
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 Vasai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.08 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹9.19 Lakh (net margin 3%) and EBITDA of ₹1.34 Cr (EBITDA margin 43.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 32% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.26 Cr and satisfied charges of ₹15.95 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Bhavmark Systems Private Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0024398). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhavmark.com.
Company details
CIN U72900MH2007PTC173061
Registration Number 173061
Incorporation Date 13 August 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0024398
Recognitions & Rankings of Bhavmark Systems Private Limited
Contact details
Bhavmark Systems Private Limited.'s registered office is in Vasai, Maharashtra. Its website is bhavmark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address24 Yamuna Shrishti Sec 3 A – 1 – 318 Bldg Penkarpada Mird Rd, Kashimira E Near Surya Shopping Canter Thane, Vasai, Maharashtra, India – 401101
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Bhavmark Systems Private Limited., buy the company report.
Comprehensive company report
Bhavmark Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Bhavmark Systems Private Limited is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Bhavmark Systems Private Limited., buy the company report.
Financials of Bhavmark Systems Private Limited.
FY 2025 filings availableBhavmark Systems Private Limited. reported revenue of ₹3.08 Cr (down 48% YoY) for FY 2024.
Revenue · FY 2024
₹3.08 Cr ▼ 48%
Net profit · FY 2024
₹9.19 Lakh margin 3%
EBITDA · FY 2024
₹1.34 Cr margin 43.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 31%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 56%
5 years · compounded
▲ 30%
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 48% fall in the latest year. EBITDA fell 9% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.34 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.19 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.5% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bhavmark Systems Private Limited., buy the company report.
Board of directors of Bhavmark Systems Private Limited.
Bhavmark Systems Private Limited has 2 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 |
|---|---|---|---|---|
| Narendra Patel Parshottamdas Also directs: Purushottam Sevashram Foundation | Director | 13 Aug 2007 | 19 Years 2 Months | Current |
| Bhavana Narendra Patel Also directs: Purushottam Sevashram Foundation | Director | 07 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Bhavmark Systems Private Limited. is audited by OMPRAKASH KEDIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OMPRAKASH KEDIA & CO | FY 2023 | 135784W |
Shareholding
The shareholding of Bhavmark Systems Private Limited. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhavmark Systems Private Limited., buy the company report.
Charges & borrowings
Open charges
₹12.26 Cr
Satisfied charges
₹15.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2023 | 100861350 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹2.76 Cr | Open | |
| 09 Mar 2012 | 10344785 | Others | ₹6.5 Cr | Open | |
| 19 Feb 2009 | 10145252 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹3 Cr | Open | |
| 28 Oct 2016 | 100062296 | Others | ₹50 Lakh | Satisfied | |
| 15 Jan 2016 | 10617384 | The Bharat Co-Operative Bank (Mumbai) Limited | ₹1 Cr | Satisfied |
To see the full charge records of Bhavmark Systems Private Limited., buy the company report.
Total charge records: 15 View all charges
Legal cases
Bhavmark Systems Private Limited. has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Bhavmark Systems Private Limited., buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavmark Systems Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhavmark Systems Private Limited. has a workforce of 7 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
40%
GST
Bhavmark Systems Private Limited has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AADCB2076K1ZN | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhavmark Systems Private Limited., buy the company report.
Recent activity
Bhavmark Systems Private Limited. has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Bhavana Narendra Patel ceased to be Additional Director on 29 Sep 2018.
AGM
Bhavmark Systems Private Limited. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhavmark Systems Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 2.76 Cr with Charge ID 100861350 was registered on 30 Dec 2023.
Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd of Rs. 3.00 Cr registered on 19 Feb 2009 with Charge ID 10145252 was modified on 30 Dec 2023.
Charges
A charge registered on 28 Oct 2016 via Charge ID 100062296 with Others was fully satisfied on 24 Jun 2020.
Charges
A charge registered on 04 Mar 2014 via Charge ID 10486283 with The Bharat Co-Operative Bank(Mumbai) Ltd was fully satisfied on 24 Jun 2020.
Charges
A charge with Others of Rs. 6.50 Cr registered on 09 Mar 2012 with Charge ID 10344785 was modified on 03 Mar 2020.
Ceased
Bhavana Narendra Patel ceased to be Additional Director.
Charges
A charge registered on 11 Sep 2009 via Charge ID 10181006 with The Bharat Co-Operative Bank (Mumbai) Ltd was fully satisfied on 07 Sep 2018.
Ceased
Ravi Ratanraj Bhandari ceased to be Director.
Appointed
Bhavana Narendra Patel was appointed as Director.
Charges
A charge registered on 15 Jan 2016 via Charge ID 10617384 with The Bharat Co-Operative Bank (Mumbai) Limited was fully satisfied on 22 Jun 2018.
26 earlier events are in the company report.
Frequently asked questions
Bhavmark Systems Private Limited is an active private limited company based in Vasai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 13 August 2007 (19+ years old) and is registered under CIN U72900MH2007PTC173061.
Bhavmark Systems Private Limited has 2 current directors:
- Narendra Patel Parshottamdas - Director
- Bhavana Narendra Patel - Director
The latest financial statements of Bhavmark Systems Private Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavmark Systems Private Limited is 26AADCB2076K1ZN, registered in Dadra and Nagar Haveli and Daman and Diu. 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 Bhavmark Systems Private Limited is U72900MH2007PTC173061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavmark Systems Private Limited has 2 court cases on record: 2 filed against it.
Bhavmark Systems Private Limited was incorporated on 13 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavana Narendra Patel ceased to be Additional Director on 29 Sep 2018. Ravi Ratanraj Bhandari ceased to be Director on 31 Aug 2018. Bhavana Narendra Patel was appointed as Director on 07 Aug 2018. Bhavmark Systems Private Limited has 5 board changes on record in total.
Yes, Bhavmark Systems Private Limited is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0024398).
Bhavmark Systems Private Limited can be reached through the website bhavmark.com. Its registered office is in Vasai, Maharashtra, India.