
About Innovation Modular System Private Limited
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Innovation Modular System Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 04 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC331286. Its GSTIN is 27AAFCI4251H1ZM (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohd Taiyab Jallaluddin Chaudhari and Meraj Ahmed Jalaluddin Chaudhary.
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 H No. 3883 Khan Real Ind. Est. No. 05 S No. 134 Bhedichapada Vasai, Thane, Maharashtra, India – 401202.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.38 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹82.41 Lakh (net margin 2.7%) and EBITDA of ₹2.85 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 128% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.78 Cr on record.
For more details, the company can be reached via its website innovationmodularsystem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH No. 3883 Khan Real Ind. Est. No. 05 S No. 134 Bhedichapada Vasai, Thane, Maharashtra, India – 401202
- IndustryConsumer Goods, Home Furnishings Manufacturing
- 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 Innovation Modular System Private Limited
The main business activity of Innovation Modular System is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Innovation Modular System Private Limited FY 2025 filings available
Innovation Modular System Private Limited reported revenue of ₹30.38 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Innovation Modular System Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 128% over five years, including 1% growth in the latest year. EBITDA rose 71% 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 Innovation Modular System 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 | ₹2.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82.41 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 Innovation Modular System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Innovation Modular System are in the company report.
Financial statements from FY 2020
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 Innovation Modular System Private Limited
Innovation Modular System Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blackberry Overseas Private Limited | ₹30.94 Cr (FY 2019) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Abn Textiles (India) Private Limited | ₹30.91 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Shreemahaveer Home Decor Private Limited | ₹30.83 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Indore, Madhya Pradesh, India |
| Kurlon Retail Limited | ₹30.76 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Kiran Polyfab Private Limited | ₹30.54 Cr (FY 2023) | •••• | •••• | 40.0% | •••• | Jaipur, Rajasthan, India |
| Innovation Modular System Private Limited this company | ₹30.38 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Thane, Maharashtra, India |
| Globalwash Creation Private Limited | ₹29.91 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Sonipat, Haryana, India |
| Regency India Private Limited | ₹29.81 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Ditvi Exports Private Limited | ₹29.1 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Mhow, Madhya Pradesh, India |
| Slumber Foam India Private Limited | ₹29 Cr (FY 2023) | •••• | •••• | -56.0% | •••• | Fatehabad, Haryana, India |
| Dicitex Retail Private Limited | ₹28.86 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Innovation Modular System by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 Innovation Modular System Private Limited
Innovation Modular System Private Limited is audited by S S A A M & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S A A M & 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 Innovation Modular System Private Limited
Innovation Modular System has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Taiyab Jallaluddin Chaudhari Also directs: Euro Panell Private Limited | Director | 04 Oct 2019 | 7 Years 0 Months | Current |
| Meraj Ahmed Jalaluddin Chaudhary Also directs: Euro Panell Private Limited | Director | 04 Oct 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Innovation Modular System 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 Innovation Modular System Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2025 | Others | ₹25 Lakh | Open |
| 16 Oct 2025 | Others | ₹1.55 Cr | Open |
| 30 Aug 2025 | Bank of India | ₹9.3 Cr | Open |
| 22 Mar 2025 | Others | ₹1.22 Cr | Open |
| 21 Jan 2025 | Others | ₹45.6 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Innovation Modular System Private Limited
Employment history and EPFO contributions of people linked to Innovation Modular System.
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 Innovation Modular System Private Limited
Innovation Modular System Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Meraj Ahmed Jalaluddin Chaudhary was appointed as Director on 04 Oct 2019.
Credit Ratings, Litigation & Regulatory Alerts for Innovation Modular System 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 Innovation Modular System 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 Innovation Modular System 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 Innovation Modular System Private Limited
Innovation Modular System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI4251H1ZM | Maharashtra | Active | 22 Oct 2019 |
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 Innovation Modular System 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 Innovation Modular System Private Limited
Innovation Modular System is an active private limited company based in Thane, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 04 October 2019 (7+ years old) and is registered under CIN U74999MH2019PTC331286.
Innovation Modular System reported revenue of ₹30.38 Cr for FY 2025 (up 1% YoY).
Innovation Modular System has 2 current directors:
- Mohd Taiyab Jallaluddin Chaudhari - Director
- Meraj Ahmed Jalaluddin Chaudhary - Director
Innovation Modular System reported a net profit of ₹82.41 Lakh (net margin 2.7%) and EBITDA of ₹2.85 Cr (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovation Modular System is 29% over three years and 128% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovation Modular System is 27AAFCI4251H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovation Modular System is U74999MH2019PTC331286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovation Modular System was incorporated on 04 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innovation Modular System by revenue are Blackberry Overseas Private Limited, Abn Textiles (India) Private Limited, Shreemahaveer Home Decor Private Limited, Kurlon Retail Limited, Kiran Polyfab Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Meraj Ahmed Jalaluddin Chaudhary was appointed as Director on 04 Oct 2019. Mohd Taiyab Jallaluddin Chaudhari was appointed as Director on 04 Oct 2019.
Innovation Modular System can be reached through the website innovationmodularsystem.com. Its registered office is in Thane, Maharashtra, India.