
About Control and Solutions India Private Limited
Data last updated:
Control and Solutions India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vision Infpro (India) Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 10 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1998PTC283896. Its GSTIN is 27AABCC3543N1ZI (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors including Vilas Shripad Chitnis and Anil Namdeo Musale.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.34 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹65.03 Lakh (net margin -27.8%) and EBITDA of -₹56.27 Lakh (EBITDA margin -24%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹1.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website csil.co.in.
Company details
CIN history
Control and Solutions India has one previous CIN (Corporate Identification Number): U29299PN1998PTC013015. The current CIN is U29299MH1998PTC283896, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299MH1998PTC283896 | Current |
| U29299PN1998PTC013015 | Previous |
Contact details
Control and Solutions India Private Limited's registered office is in Mumbai, Maharashtra. Its website is csil.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKachwala Bldg. 3rd Floor Plot No.266 Dr. Annie Besant Road Opp. Old Passport Office W, Orli, Mumbai, Maharashtra, India – 400030
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing, IT Consulting & Support Services
To see the full contact details of Control and Solutions India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Control and Solutions India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Control and Solutions India Private Limited, buy the company report.
Financials of Control and Solutions India Private Limited
FY 2020 filings availableControl and Solutions India Private Limited reported revenue of ₹2.34 Cr (down 41% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 41% fall in the latest year. EBITDA fell 748% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹56.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹65.03 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24% | ||||
| Net Profit Margin | -27.8% | ||||
| 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 Control and Solutions India Private Limited, buy the company report.
Board of directors of Control and Solutions India Private Limited
Control and Solutions India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Namdeo Musale | Additional Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Vilas Shripad Chitnis Also directs: Cierto Control and Solutions India LLP | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Prashant Ramakant Pawar | Additional Director | 11 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Control and Solutions India Private Limited is audited by RAVI SETH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI SETH & CO | FY 2019 | 108757W |
Shareholding
The shareholding of Control and Solutions India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Control and Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2008 | 10123030 | The Shamrao Vithal Co-Operative Bannk Limitred | ₹1.4 Cr | Satisfied |
To see the full charge records of Control and Solutions India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Control and Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Control and Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Control and Solutions India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC3543N1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Control and Solutions India Private Limited, buy the company report.
Recent activity
Control and Solutions India Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Prashant Ramakant Pawar was appointed as Additional Director on 11 Jul 2022.
Frequently asked questions
Control and Solutions India 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 10 November 1998 (28+ years old) and is registered under CIN U29299MH1998PTC283896.
Control and Solutions India has 3 current directors:
- Anil Namdeo Musale - Additional Director
- Vilas Shripad Chitnis - Director
- Prashant Ramakant Pawar - Additional Director
The latest financial statements of Control and Solutions India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Control and Solutions India is 27AABCC3543N1ZI, registered in Maharashtra. 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 Control and Solutions India is U29299MH1998PTC283896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Control and Solutions India was incorporated on 10 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Ramakant Pawar was appointed as Additional Director on 11 Jul 2022. Vali Najmuddin Mithiborwala ceased to be Director on 01 Sep 2021. Anil Namdeo Musale was appointed as Additional Director on 31 Aug 2021. Control and Solutions India has 7 board changes on record in total.
Control and Solutions India can be reached through the website csil.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Control and Solutions India is at Kachwala Bldg. 3rd Floor Plot No.266 Dr. Annie Besant Road Opp. Old Passport Office W, Orli, Mumbai, Maharashtra, India – 400030.
Control and Solutions India operates in the information technology industry, in the electronic components and equipment manufacturing segment.