Masicon Systems Private Limited
About Masicon Systems Private Limited
Data last updated:
Masicon Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 15 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2010PTC207687.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Avadhoot Devdatta Chandgadkar and Suvarna Gokuldas Chandgadkar.
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 Wing 201 Madhusudhan Deonar Baug Deonar, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.62 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹79,827 (net margin 3%) and EBITDA of ₹79,827 (EBITDA margin 3%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB Wing 201 Madhusudhan Deonar Baug Deonar, Mumbai, Maharashtra, India – 400088
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Masicon Systems Private Limited
The main business activity of Masicon Systems is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Masicon Systems Private Limited FY 2025 filings available
Masicon Systems Private Limited reported revenue of ₹26.62 Lakh (up 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Masicon Systems Private Limited
Revenue rose 73% in the latest year. EBITDA fell 83% 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 Masicon Systems 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 | ₹79,827 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹79,827 | •••• | •••• | •••• | •••• |
| 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 Masicon Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Masicon 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 Masicon Systems Private Limited
Masicon Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Information service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Isaas Software Solution (OPC) Private Limited | ₹26.76 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Chandigarh, India |
| Crivotech Services Private Limited | ₹26.7 Lakh (FY 2025) | •••• | •••• | •••• | Palwal, Haryana, India | |
| Hse Infotech Private Limited | ₹26.69 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Gurgaon, Haryana, India |
| Rauch International India Private Limited | ₹26.68 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Success4 Solutions Private Limited | ₹26.63 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Masicon Systems Private Limited this company | ₹26.62 Lakh (FY 2025) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| SGK Broadband Solutions Private Limited | ₹26.61 Lakh (FY 2024) | •••• | •••• | 128.0% | •••• | Taloja Majkur, Maharashtra, India |
| E-Avighna IT Services Private Limited | ₹26.58 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Bangalore, Karnataka, India |
| Syseze Tech Private Limited | ₹26.5 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Abhisht Consulting Private Limited | ₹26.5 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | New Delhi, Delhi, India |
| Shirdi Knowledge Management Private Limited | ₹26.43 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Masicon Systems by revenue in the same principal business activity (Information service activities), 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 Masicon Systems Private Limited
Masicon Systems Private Limited is audited by MANOJNANJISHAH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOJNANJISHAH | 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 Masicon Systems Private Limited
Masicon Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avadhoot Devdatta Chandgadkar | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Suvarna Gokuldas Chandgadkar | Director | 15 Sep 2010 | 16 Years 1 Months | Current |
| Gokuldas Mahadeo Chandgadkar Also directs: Quick Report Software Private Limited | Director | 15 Sep 2010 | 16 Years 1 Months | Current |
Ownership and Shareholding of Masicon 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 Masicon Systems Private Limited
Masicon Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Masicon Systems Private Limited
Employment history and EPFO contributions of people linked to Masicon Systems.
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 Masicon Systems Private Limited
Masicon Systems Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Avadhoot Devdatta Chandgadkar was appointed as Director on 10 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Masicon 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 Masicon 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 Masicon 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 Masicon Systems Private Limited
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 Masicon 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 Masicon Systems Private Limited
Masicon Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 15 September 2010 (16+ years old) and is registered under CIN U72200MH2010PTC207687.
Masicon Systems reported revenue of ₹26.62 Lakh for FY 2025 (up 73% YoY).
Masicon Systems has 3 current directors:
- Avadhoot Devdatta Chandgadkar - Director
- Suvarna Gokuldas Chandgadkar - Director
- Gokuldas Mahadeo Chandgadkar - Director
Masicon Systems reported a net profit of ₹79,827 (net margin 3%) and EBITDA of ₹79,827 (EBITDA margin 3%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Masicon Systems is U72200MH2010PTC207687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masicon Systems was incorporated on 15 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Masicon Systems by revenue are Isaas Software Solution (OPC) Private Limited, Crivotech Services Private Limited, Hse Infotech Private Limited, Rauch International India Private Limited, Success4 Solutions Private Limited and 5 more, all in the same principal business activity (Information service activities).
Avadhoot Devdatta Chandgadkar was appointed as Director on 10 Jul 2023. Gokuldas Mahadeo Chandgadkar was appointed as Director on 15 Sep 2010. Suvarna Gokuldas Chandgadkar was appointed as Director on 15 Sep 2010.
The registered office of Masicon Systems is at B Wing 201 Madhusudhan Deonar Baug Deonar, Mumbai, Maharashtra, India – 400088.
Masicon Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Masicon Systems operates in the information technology industry, in the computer programming segment.