About Fitech Systems Private Limited
Data last updated:
Fitech Systems Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the fire safety and firefighting equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC188157. Its GSTIN is 27AABCF2972N1Z8 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajinkya Pramod Nimbalkar and Pramod Dhananjay Nimbalkar.
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 803 Odyssye IT Park Road No 9 Wagle Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.58 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹48.7 Lakh (net margin 3.1%) and EBITDA of ₹1.12 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fitech Systems. As per MCA filings, the company has open charges of ₹3.07 Cr and satisfied charges of ₹7.65 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 fitechsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address803 Odyssye IT Park Road No 9 Wagle Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Fire Safety & Firefighting Equipment
- 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 Fitech Systems Private Limited
The main business activity of Fitech Systems is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Fitech Systems Private Limited FY 2025 filings available
Fitech Systems Private Limited reported revenue of ₹15.58 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fitech Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA rose 12% 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 Fitech Systems Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.7 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 Fitech Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Fitech Systems are in the company report.
Financial statements from 2015
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 Fitech Systems Private Limited
Fitech Systems Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Firefighting Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Andex Fire Engineering Works Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Multi Safety System Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Cryogenic Fire Security Services Private Limited | •••• | •••• | •••• | •••• | 30 | Kolkata, West Bengal, India |
| Deworth Equipments Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Solas Fire Safety Equipment Private Limited | •••• | •••• | •••• | •••• | 33 | Bangalore North, Karnataka, India |
| Fitech Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Fireone Technologies Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Flameklog Fire Equipments Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Somya Pyrotek Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Greeninnovior Technosolutions Private Limited | •••• | •••• | •••• | •••• | 17 | Bangalore, Karnataka, India |
| Sameeksha Life Safety Equipments India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Fitech Systems by revenue in the Machinery and Equipment industry (Firefighting Products), 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 Fitech Systems Private Limited
Fitech Systems Private Limited is audited by B K Patwardhan & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B K Patwardhan & Co. | 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 Fitech Systems Private Limited
Fitech Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajinkya Pramod Nimbalkar | Director | 24 Jan 2019 | 7 Years 8 Months | Current |
| Pramod Dhananjay Nimbalkar | Director | 12 Nov 2008 | 17 Years 10 Months | Current |
| Radhika Pramod Nimbalkar | Director | 12 Nov 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Fitech 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 Fitech Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2023 | Others | ₹2.8 Cr | Open |
| 03 Jul 2023 | Hdfc Bank Limited | ₹26.7 Lakh | Open |
| 14 Oct 2022 | Hdfc Bank Limited | ₹2.65 Cr | Satisfied |
| 28 Jun 2022 | Hdfc Bank Limited | ₹2.65 Cr | Satisfied |
| 27 Dec 2018 | Tjsb Sahakari Bank Limited | ₹5 Lakh | Satisfied |
Total charge records: 8 View all charges
Associated Brands with Fitech Systems Private Limited
Fitech Systems operates one associated brand: Fitech Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides fire fighting systems design, installation, maintenance, and inspections across sectors. | fitechsystems.com |
Employees and EPFO Compliance at Fitech Systems Private Limited
Fitech Systems Private Limited has a workforce of 26 employees as of Apr 08, 2024.
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 Fitech Systems Private Limited
Fitech Systems Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Ajinkya Pramod Nimbalkar ceased to be Additional Director on 30 Sep 2019.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fitech 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 Fitech 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 Fitech 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 Fitech Systems Private Limited
Fitech Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF2972N1Z8 | Maharashtra | Active | 01 Jul 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 Fitech 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 Fitech Systems Private Limited
Fitech Systems is an active private limited company based in Thane, Maharashtra, India. The company works in fire safety and firefighting equipment, within the machinery and equipment industry. It was incorporated on 12 November 2008 (18+ years old) and is registered under CIN U74999MH2008PTC188157.
Fitech Systems reported revenue of ₹15.58 Cr for FY 2024 (up 3% YoY).
Fitech Systems has 3 current directors:
- Ajinkya Pramod Nimbalkar - Director
- Pramod Dhananjay Nimbalkar - Director
- Radhika Pramod Nimbalkar - Director
Fitech Systems reported a net profit of ₹48.7 Lakh (net margin 3.1%) and EBITDA of ₹1.12 Cr (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fitech Systems is 23% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fitech Systems is 27AABCF2972N1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fitech Systems is U74999MH2008PTC188157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitech Systems was incorporated on 12 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fitech Systems by revenue are Andex Fire Engineering Works Private Limited, Multi Safety System Private Limited, Cryogenic Fire Security Services Private Limited, Deworth Equipments Private Limited, Solas Fire Safety Equipment Private Limited and 5 more, all in the Machinery and Equipment industry (Firefighting Products).
Ajinkya Pramod Nimbalkar ceased to be Additional Director on 30 Sep 2019. Ajinkya Pramod Nimbalkar was appointed as Director on 24 Jan 2019. Dhananjay Shankarrao Nimbalkar ceased to be Director on 30 Apr 2018. Fitech Systems has 5 board changes on record in total.
Fitech Systems can be reached through the website fitechsystems.com. Its registered office is in Thane, Maharashtra, India.