- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0017865

About Jay Instruments and Systems Private Limited
Data last updated:
Jay Instruments and Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30000MH1986PTC040036. Its GSTIN is 27AAACJ1391A1Z1 (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24.6 Lakh. It was formerly known as Jay Computers Pvt Ltd. It is led by directors including Parag Sharadchandra Kothari (Managing Director) and Jigna Parag Kothari.
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 E – 16 Everesttardeord, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹221.06 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹13.78 Cr (net margin 6.2%) and EBITDA of ₹23.42 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JISL. As per MCA filings, the company has open charges of ₹27.82 Cr and satisfied charges of ₹12.96 Cr on record. Court records list 19 cases involving the company, including 17 filed by the company and 2 filed against it; 7 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2017. Its 5 peer companies in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Avon Meters Private Limited with revenue of ₹240.81 Cr. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 186 overdue payments to 61 micro and small suppliers.
Jay Instruments and Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0017865). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jayinst.com.
Company details
Recognitions & Rankings of Jay Instruments and Systems
Contact details
Jay Instruments and Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is jayinst.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 16 Everesttardeord, Mumbai, Maharashtra, India – 400034
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Jay Instruments and 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
Brands
Jay Instruments and Systems operates one associated brand: JISL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial automation, quality measurement, and laboratory solutions in India. | jayinst.com |
Business activity
The main business activity of Jay Instruments and Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Jay Instruments and Systems Private Limited, buy the company report.
Financials of Jay Instruments and Systems Private Limited
FY 2024 filings availableJay Instruments and Systems Private Limited reported revenue of ₹221.06 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 19% growth in the latest year. EBITDA rose 57% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.42 Cr | ||||
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| Net Profit (PAT) | ₹13.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Jay Instruments and Systems Private Limited, buy the company report.
Board of directors of Jay Instruments and Systems Private Limited
Jay Instruments and Systems has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigna Parag Kothari Also directs: Jay Chemi Colour Private Limited, Shoorji Colour Company Private Limited, Trichromy Enterprises Private Limited and 2 more | Director | 06 Sep 2016 | 10 Years 1 Months | Current |
| Parag Sharadchandra Kothari Also directs: Jaysynth Orgochem Limited, Bharti Polytex Private Limited, Bharti Twisters Private Limited and 5 more | Managing Director | 31 Jul 2002 | 24 Years 2 Months | Current |
| Deven Parag Kothari Also directs: Jaysynth Orgochem Limited, Jay Chemi Colour Private Limited, Shoorji Colour Company Private Limited and 2 more | Director | 06 Sep 2016 | 10 Years 1 Months | Current |
| Urvi Parag Kothari | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Jay Instruments and Systems Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avon Meters Private Limited | ₹240.81 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Complete Surveying Technologies Private Limited | ₹231.79 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Jay Instruments and Systems Private Limitedthis company | ₹221.06 Cr (FY 2025) | ₹13.78 Cr | 6.2% | 19.0% | 54 | Mumbai, Maharashtra, India |
| Capital Power Systems Limited | ₹216.94 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Subtleweigh Electric (India) Private Limited | ₹177.83 Cr (FY 2025) | 53.0% | Kolkata, West Bengal, India | |||
| Electrolab (India) Private Limited | ₹170.29 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jay Instruments and Systems Private Limited, buy the company report.
Auditor
Jay Instruments and Systems Private Limited is audited by Maganlal & Ajay Mehta, Chartered Accountants for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maganlal & Ajay Mehta, Chartered Accountants | FY 2024 | 105730W |
Shareholding
The shareholding of Jay Instruments and Systems Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jay Instruments and Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101077116 | Others | ₹1 Cr | Open | |
| 28 Feb 2024 | 100880731 | Hdfc Bank Limited | ₹20.5 Lakh | Open | |
| 28 Jan 2019 | 100239969 | Hdfc Bank Limited | ₹26 Cr | Open | |
| 11 Dec 1990 | 80067672 | Bank of India | ₹45 Lakh | Open | |
| 08 Aug 1988 | 90214349 | Bank of Baroda | ₹16 Lakh | Open |
To see the full charge records of Jay Instruments and Systems Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Jay Instruments and Systems Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Shoorji Trikamdas Investment Co Private Limited , an individual Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jay Instruments and Systems Private Limited has 19 court cases on record: 17 filed by Jay Instruments and Systems, 2 filed against it. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 2 | 7 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S B9 Beverages Limited and 7 Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S. Katerra India Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. S.K. Pharma Machinery Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Maan Silk Mills and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Mann Silk Mills and 1 other | Pending |
To see the full case history of Jay Instruments and 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.
MSME payment delays
Jay Instruments and Systems Private Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 186 overdue payments to 61 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Saraswati Polymers | |||
| Shanthala Power Limited | |||
| an individual supplier | |||
| Gauri Interior Private Limited |
To see the full MSME payment records of Jay Instruments and Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jay Instruments and Systems Private Limited has a workforce of 54 employees on its EPFO records as of Aug 23, 2025, across 1 active EPFO establishment.
GST
Jay Instruments and Systems has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ1391A1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACJ1391A2Z0 | Maharashtra | Active | 21 May 2025 |
| 24AAACJ1391A1Z7 | Gujarat | Active | 01 Jul 2017 |
| 29AAACJ1391A1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jay Instruments and Systems Private Limited, buy the company report.
Recent activity
Jay Instruments and Systems Private Limited has 11 board changes on record since 2002: 4 appointments and 7 cessations. The latest: Urvi Parag Kothari ceased to be Additional Director on 29 Sep 2024.
76 earlier events are in the company report.
Frequently asked questions
Jay Instruments and Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 06 June 1986 (40+ years old) and is registered under CIN U30000MH1986PTC040036.
Jay Instruments and Systems has 4 current directors:
- Parag Sharadchandra Kothari - Managing Director
- Jigna Parag Kothari - Director
- Deven Parag Kothari - Director
- Urvi Parag Kothari - Director
The latest financial statements of Jay Instruments and 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 Jay Instruments and Systems is 27AAACJ1391A1Z1, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 27AAACJ1391A2Z0 (Maharashtra), 24AAACJ1391A1Z7 (Gujarat), 29AAACJ1391A1ZX (Karnataka).
The CIN (Corporate Identification Number) of Jay Instruments and Systems is U30000MH1986PTC040036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jay Instruments and Systems has 19 court cases on record: 17 filed by the company and 2 filed against it. 7 are pending. Most are in the district courts.
Jay Instruments and Systems was incorporated on 06 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Jay Instruments and Systems has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
The peers of Jay Instruments and Systems by revenue are Avon Meters Private Limited, Complete Surveying Technologies Private Limited, Capital Power Systems Limited, Subtleweigh Electric (India) Private Limited, Electrolab (India) Private Limited, all in the Machinery and Equipment industry (Testing Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Urvi Parag Kothari ceased to be Additional Director on 29 Sep 2024. Urvi Parag Kothari was appointed as Director on 15 Jul 2024. Deven Parag Kothari ceased to be Director on 25 Apr 2019. Jay Instruments and Systems has 11 board changes on record in total.
Yes, Jay Instruments and Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0017865).
Jay Instruments and Systems has 21 MSME Form 1 returns on record between 2019 and 2024, listing 186 overdue payments to 61 micro and small suppliers. The latest return was filed on 30 Apr 2024.