About Icruxsystem Private Limited
Data last updated:
Icruxsystem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2013PTC251128. Its GSTIN is 27AADCI4283P1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shailesh Ratnakar Shetty and Tushar Sudhakar Kherde.
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 B – 23 – 106 Wembley Shastri Nagar Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.5 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Cr (net margin 13.2%) and EBITDA of ₹2.32 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IcruxSystem.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icruxsystem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 23 – 106 Wembley Shastri Nagar Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Icruxsystem Private Limited
The main business activity of Icruxsystem is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Icruxsystem Private Limited FY 2025 filings available
Icruxsystem Private Limited reported revenue of ₹12.5 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icruxsystem Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 6% growth in the latest year. EBITDA rose 8% 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 Icruxsystem Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.65 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 of Icruxsystem Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Icruxsystem 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 Icruxsystem Private Limited
Icruxsystem Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seventhsense Technologies Private Limited | ₹12.63 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Chennai, Tamil Nadu, India |
| Synergy Technology Services Private Limited | ₹12.58 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Osi Technologies Private Limited | ₹12.57 Cr (FY 2019) | •••• | •••• | -77.0% | •••• | Hyderabad, Telangana, India |
| Nithyacon Exporters Private Limited | ₹12.55 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Hyderabad, Telangana, India |
| Aspect Contact Center Software India Private Limited | ₹12.55 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Icruxsystem Private Limited this company | ₹12.5 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Workforce Advisory Private Limited | ₹12.44 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Stoplift Infotech India Private Limited | ₹12.44 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Cyret Technologies (India) Private Limited | ₹12.43 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Pune, Maharashtra, India |
| Access Automation Private Limited | ₹12.43 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Bitchief Technology Services Private Limited | ₹12.42 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Icruxsystem by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icruxsystem Private Limited
Icruxsystem Private Limited is audited by K S AIYAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K S AIYAR & 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 Icruxsystem Private Limited
Icruxsystem has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Ratnakar Shetty Also directs: Evocruxsystems LLP | Director | 20 Aug 2016 | 10 Years 1 Months | Current |
| Tushar Sudhakar Kherde | Director | 20 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Icruxsystem 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 Icruxsystem Private Limited
Icruxsystem Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Icruxsystem Private Limited
Icruxsystem operates one associated brand: IcruxSystem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services including ERP implementation, cloud, AI, and data analytics. | icruxsystem.com |
Employees and EPFO Compliance at Icruxsystem Private Limited
Icruxsystem Private Limited has a workforce of 44 employees as of Mar 22, 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 Icruxsystem Private Limited
Icruxsystem Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Mrunal Tushar Kherde ceased to be Director on 01 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Icruxsystem 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 Icruxsystem 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 Icruxsystem 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 Icruxsystem Private Limited
Icruxsystem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI4283P1ZZ | 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 Icruxsystem 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 Icruxsystem Private Limited
Icruxsystem is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 December 2013 (13+ years old) and is registered under CIN U72900MH2013PTC251128.
Icruxsystem reported revenue of ₹12.5 Cr for FY 2025 (up 6% YoY).
Icruxsystem has 2 current directors:
- Shailesh Ratnakar Shetty - Director
- Tushar Sudhakar Kherde - Director
Icruxsystem reported a net profit of ₹1.65 Cr (net margin 13.2%) and EBITDA of ₹2.32 Cr (EBITDA margin 18.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icruxsystem is 20% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icruxsystem is 27AADCI4283P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icruxsystem is U72900MH2013PTC251128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icruxsystem was incorporated on 17 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icruxsystem by revenue are Seventhsense Technologies Private Limited, Synergy Technology Services Private Limited, Osi Technologies Private Limited, Nithyacon Exporters Private Limited, Aspect Contact Center Software India Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Mrunal Tushar Kherde ceased to be Director on 01 Dec 2016. Tanvi Chitrahasa Shetty ceased to be Director on 01 Dec 2016. Shailesh Ratnakar Shetty was appointed as Director on 20 Aug 2016. Icruxsystem has 4 board changes on record in total.
Icruxsystem can be reached through the website icruxsystem.com. Its registered office is in Mumbai, Maharashtra, India.