MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0057709
Condot Systems Private Limited. - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹54.94 Cr
▲ 12% YoY
Net profit · FY 2024
₹5.04 Cr
Net margin 9.2%
EBITDA · FY 2024
₹8.67 Cr
EBITDA margin 15.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹1.85 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
82
Provident fund records
About Condot Systems Private Limited.
Data last updated:
Condot Systems Private Limited. is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24294MH1996PTC101846. Its GSTIN is 27AABCC1766B1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Jigish Bipin Chiniwala and Neha Jigish Chiniwala.
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 Plot No. F – 15 Road No. 23 Marol MIDC Estate Opp Seepz Gate No. 1 Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.94 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.04 Cr (net margin 9.2%) and EBITDA of ₹8.67 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.
The company has about 82 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Condot Systems. As per MCA filings, the company has open charges of ₹1.85 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in July 2018.
Condot Systems Private Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0057709). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website condotsystems.com.
Company details
CIN U24294MH1996PTC101846
Registration Number 101846
Incorporation Date 14 August 1996
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-18-0057709
Recognitions & Rankings of Condot Systems Private Limited
Contact details
Condot Systems Private Limited.'s registered office is in Mumbai, Maharashtra. Its website is condotsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. F – 15 Road No. 23 Marol MIDC Estate Opp Seepz Gate No. 1 Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Condot Systems Private Limited., buy the company report.
Comprehensive company report
Condot 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
Brands
Condot Systems Private Limited operates one associated brand: Condot Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers customized systems for coding, marking, and track and trace in multiple industries. | condotsystems.com |
Business activity
The main business activity of Condot Systems Private Limited is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Condot Systems Private Limited., buy the company report.
Financials of Condot Systems Private Limited.
FY 2025 filings availableCondot Systems Private Limited. reported revenue of ₹54.94 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹54.94 Cr ▲ 12%
Net profit · FY 2024
₹5.04 Cr margin 9.2%
EBITDA · FY 2024
₹8.67 Cr margin 15.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 17%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 42%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 12% growth in the latest year. EBITDA rose 63% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.04 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 9.2% | ||||
| 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 Condot Systems Private Limited., buy the company report.
Board of directors of Condot Systems Private Limited.
Condot 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 |
|---|---|---|---|---|
| Jigish Bipin Chiniwala | Director | 14 Aug 1996 | 30 Years 2 Months | Current |
| Neha Jigish Chiniwala | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Condot Systems Private Limited. is audited by DEVEN DHOLAKIA for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVEN DHOLAKIA | FY 2024 | 47522 |
Shareholding
The shareholding of Condot Systems Private Limited. is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Condot Systems Private Limited., buy the company report.
Charges & borrowings
Open charges
₹1.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2026 | 101354397 | Hdfc Bank Limited | ₹80 Lakh | Open | |
| 28 Feb 2025 | 101082028 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 20 May 2023 | 100747270 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 01 Dec 2022 | 100655922 | Hdfc Bank Limited | ₹15.3 Lakh | Open | |
| 13 Oct 2021 | 100499727 | Hdfc Bank Limited | ₹15 Lakh | Open |
Total charge records: 5 View all charges
Deals & funding
Condot Systems Private Limited. has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in July 2018.
Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹1 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: K.R.C.Trading Company Private Limited , Karma Industries Limited , I S K Trading Company Private Limited |
| May 2009 | Funding round | ₹1 Cr | Investors: Karma Industries Limited , K.R.C.Trading Company Private Limited , I S K Trading Company Private Limited |
To see the full deal history of Condot Systems Private Limited., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Condot Systems Private Limited. has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Sun Pharmaceutical Industries Ltd | Disposed |
To see the full case history of Condot 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 Condot Systems Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Condot Systems Private Limited. has a workforce of 82 employees on its EPFO records as of Aug 23, 2025, across 2 active EPFO establishments.
Employee count
82
Active EPFO establishments
2
Employee growth
2.5%
GST
Condot Systems Private Limited has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC1766B1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Condot Systems Private Limited., buy the company report.
Recent activity
Condot Systems Private Limited. has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Mukesh Bhemjibhai Patel ceased to be Managing Director on 24 Apr 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101354397 was registered on 26 May 2026.
AGM
Condot Systems Private Limited. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Condot Systems Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 101082028 was registered on 28 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100747270 was registered on 20 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100655922 was registered on 01 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100499727 was registered on 13 Oct 2021.
Ceased
Mukesh Bhemjibhai Patel ceased to be Managing Director.
Appointed
Neha Jigish Chiniwala was appointed as Director.
Ceased
Sangeeta Mukesh Patel ceased to be Additional Director.
Ceased
Hemant Dhirajlal Malavia ceased to be Director.
Appointed
Jigish Bipin Chiniwala was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Condot Systems Private Limited is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 August 1996 (30+ years old) and is registered under CIN U24294MH1996PTC101846.
Condot Systems Private Limited has 2 current directors:
- Jigish Bipin Chiniwala - Director
- Neha Jigish Chiniwala - Director
The latest financial statements of Condot 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 Condot Systems Private Limited is 27AABCC1766B1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Condot Systems Private Limited is U24294MH1996PTC101846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Condot Systems Private Limited has 1 court case on record: 1 filed against it.
Condot Systems Private Limited was incorporated on 14 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Condot Systems Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in July 2018.
Mukesh Bhemjibhai Patel ceased to be Managing Director on 24 Apr 2018. Neha Jigish Chiniwala was appointed as Director on 24 Apr 2018. Sangeeta Mukesh Patel ceased to be Additional Director on 01 Apr 2013. Condot Systems Private Limited has 5 board changes on record in total.
Yes, Condot Systems Private Limited is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0057709).