About Fldec Systems Private Limited
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Fldec Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2013PTC092641. Its GSTIN is 33AACCF2529E1Z4 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹29 Cr. It was formerly known as Femto Logic Design Private Limited. It is led by directors including Vanchinathan Thangavel and Sudharsan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Level 2&4 Olympia Teknos Park No. 28 SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹602.14 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹46.21 Cr (net margin 7.7%) and EBITDA of ₹84.95 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 64% over five years.
The company has about 93 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FLDEC. As per MCA filings, the company has open charges of ₹427.08 Cr and satisfied charges of ₹140.25 Cr on record. Court records list 16 cases involving the company, including 6 filed by the company and 10 filed against it; 2 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 rights issues); the latest was in March 2021. Its 6 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Hitachi Terminal Solutions India Private Limited with revenue of ₹639.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fldec.com.
Company details
Name history
Fldec Systems has undergone 3 name changes throughout its history. The company was previously known as Femto Logic Design Private Limited, Fldec Systems Private Limited, and Fld Engineering And Communications Private Limited. The current legal name is Fldec Systems Private Limited.
| Company Name | Status |
|---|---|
| Fldec Systems Private Limited | Current |
| Femto Logic Design Private Limited | Previous |
| Fld Engineering And Communications Private Limited | Previous |
Contact details
Fldec Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is fldec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 2&4 Olympia Teknos Park No. 28 SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Fldec Systems 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 Fldec Systems 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 Fldec Systems Private Limited, buy the company report.
Financials of Fldec Systems Private Limited
FY 2024 filings availableFldec Systems Private Limited reported revenue of ₹602.14 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 26% growth in the latest year. EBITDA rose 35% 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 | ₹84.95 Cr | ||||
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| Net Profit (PAT) | ₹46.21 Cr | ||||
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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 | 14.1% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Fldec Systems Private Limited, buy the company report.
Board of directors of Fldec Systems Private Limited
Fldec Systems has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanchinathan Thangavel | Director | 21 Aug 2013 | 13 Years 2 Months | Current |
| Sudharsan Also directs: Yeemak Imas LLP, Yeemak Private Limited, Yeemak Precision Industries Private Limited and 5 more | Director | 21 Aug 2013 | 13 Years 2 Months | Current |
| Karthik Also directs: Yeemak Private Limited, Yeemak Precision Industries Private Limited, Jeanuvs Private Limited and 4 more | Director | 21 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Fldec Systems Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hitachi Terminal Solutions India Private Limited | ₹639.73 Cr (FY 2025) | 48.0% | Bangalore, Karnataka, India | |||
| Raneal Advanced Systems Private Limited | ₹626.1 Cr (FY 2025) | 160.0% | Devanahalli, Karnataka, India | |||
| Indic Ems Electronics Private Limited | ₹625.42 Cr (FY 2025) | 71.0% | Doddaballapura, Karnataka, India | |||
| Fldec Systems Private Limitedthis company | ₹602.14 Cr (FY 2024) | ₹46.21 Cr | 7.7% | 26.0% | 93 | Chennai, Tamil Nadu, India |
| Renishaw Metrology Systems Limited | ₹549.87 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Smile Electronics Limited | ₹487.19 Cr (FY 2025) | -6.0% | Bengaluru, Karnataka, India | |||
| Moschip Technologies Limited | ₹470.81 Cr (FY 2025) | 58.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Fldec Systems Private Limited, buy the company report.
Auditor
Fldec Systems Private Limited is audited by M G Krishna & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G Krishna & Associates | FY 2023 | 0017623S |
Shareholding
The shareholding of Fldec Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fldec Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2024 | 100984138 | State Bank of India | ₹2.3 Cr | Open | |
| 16 Mar 2023 | 100736505 | Others | ₹15 Cr | Open | |
| 07 Nov 2022 | 100628195 | Others | ₹213.99 Cr | Open | |
| 07 Dec 2021 | 100511666 | Hdfc Bank Limited | ₹6.1 Cr | Open | |
| 19 Nov 2021 | 100502174 | Hdfc Bank Limited | ₹177.89 Cr | Open |
To see the full charge records of Fldec Systems Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Fldec Systems Private Limited has 8 deals on record (5 secondary share transfers, 3 rights issues); the latest was in March 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹1.12 Cr | Investors: 3 individuals |
| Mar 2020 | Rights issue | ₹28.6 Cr | Investors: 3 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2018 | Rights issue | ₹1.99 Cr | Investors: 3 individuals |
To see the full deal history of Fldec 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
Fldec Systems Private Limited has 16 court cases on record: 6 filed by Fldec Systems, 10 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 7 | 0 |
| High courts | 3 | 3 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRL OP) | Filed against the company | Pending |
| Madras High Court | Court case (CRL MP) | Filed against the company | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| Madras High Court | Court case (CRL MP) | Filed against the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Fldec 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.
Credit ratings & regulatory alerts
Fldec Systems Private Limited was last rated by Crisil on 25 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Aug 2020 |
To see the full credit ratings and regulatory alerts of Fldec Systems Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fldec Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fldec Systems Private Limited has a workforce of 93 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Fldec Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCF2529E1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 27AACCF2529E1ZX | Maharashtra | Active | 23 Apr 2024 |
To see the full GST registrations and return filing status of Fldec Systems Private Limited, buy the company report.
Recent activity
Fldec Systems Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Pachamuthu Ravi ceased to be Director on 27 Aug 2019.
21 earlier events are in the company report.
Frequently asked questions
Fldec Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 August 2013 (13+ years old) and is registered under CIN U72900TN2013PTC092641.
Fldec Systems has 3 current directors:
- Vanchinathan Thangavel - Director
- Sudharsan - Director
- Karthik - Director
The latest financial statements of Fldec Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fldec Systems is 33AACCF2529E1Z4, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCF2529E1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Fldec Systems is U72900TN2013PTC092641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fldec Systems has 16 court cases on record: 6 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Fldec Systems was incorporated on 21 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Fldec Systems has 8 deals on record (5 secondary share transfers, 3 rights issues); the latest was in March 2021.
The peers of Fldec Systems by revenue are Hitachi Terminal Solutions India Private Limited, Raneal Advanced Systems Private Limited, Indic Ems Electronics Private Limited, Renishaw Metrology Systems Limited, Smile Electronics Limited and 1 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Pachamuthu Ravi ceased to be Director on 27 Aug 2019. Vanchinathan Thangavel ceased to be Director on 25 May 2018. Mohamed Jafer Imthiyaz Ahmed ceased to be Director on 28 Apr 2017. Fldec Systems has 10 board changes on record in total.
Fldec Systems can be reached through the website fldec.com. Its registered office is in Chennai, Tamil Nadu, India.