About Maxworth Electronic Systems Private Limited
Data last updated:
Maxworth Electronic Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 16 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC054485. Its GSTIN is 07AAACM1656P1Z5 (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.19 Lakh. It is led by directors Sanjay Garg and Ajay Jhingran.
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 909 Shahpuri Tirath Singh Tower C – 58 Community Centre Pankha Road Jan, Ak Puri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.82 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹21.23 Lakh (net margin -1.1%) and EBITDA of ₹20.5 Lakh (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxworth. As per MCA filings, the company has open charges of ₹4.63 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxworthsystems.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered Address909 Shahpuri Tirath Singh Tower C – 58 Community Centre Pankha Road Jan, Ak Puri, New Delhi, Delhi, India – 110058
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Maxworth Electronic Systems Private Limited
The main business activities of Maxworth Electronic Systems are trade and manufacturing. In detail, this covers wholesale trading and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Maxworth Electronic Systems Private Limited FY 2024 filings available
Maxworth Electronic Systems Private Limited reported revenue of ₹19.82 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxworth Electronic Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 17% fall in the latest year. EBITDA fell 79% 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 Maxworth Electronic Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹20.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.23 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 Maxworth Electronic Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• | •••• |
| 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 Maxworth Electronic 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 Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alphabetics Business Machines Private Limited | ₹19.96 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Nashik, Maharashtra, India |
| 21St Century E-Solutions Private Limited | ₹19.88 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Delhi, India |
| Robotics Embedded Education Services Private Limited | ₹19.86 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Polyworks Software India Private Limited | ₹19.85 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Omnepresent Technologies Private Limited | ₹19.85 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| Maxworth Electronic Systems Private Limited this company | ₹19.82 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Saf G Private Limited | ₹19.77 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Edappal, Kerala, India |
| Rohra Computer Products Private Limited | ₹19.76 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Mumbai, Maharashtra, India |
| Leading Edge Communication Private Limited | ₹19.76 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Omni Technosoft Private Limited | ₹19.72 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ren Technologies India Limited | ₹19.71 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Maxworth Electronic Systems by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems Private Limited is audited by RAMESH JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMESH JAIN & ASSOCIATES | 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 Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Garg | Director | 16 Jul 1993 | 33 Years 3 Months | Current |
| Ajay Jhingran | Director | 16 Jul 1993 | 33 Years 3 Months | Current |
Ownership and Shareholding of Maxworth Electronic 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 Maxworth Electronic Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2025 | Hdfc Bank Limited | ₹21.48 Lakh | Open |
| 08 Aug 2009 | Corporation Bank | ₹20.79 Lakh | Open |
| 08 Aug 2009 | Corporation Bank | ₹20.79 Lakh | Open |
| 17 Apr 2007 | Corporation Bank | ₹4 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems Private Limited has 6 court cases on record: 5 filed by Maxworth Electronic Systems, 1 filed against it. 2 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against C-Net Infotech Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed against the company by C-Net Infotech Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against C-Net Infotech Private Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems operates one associated brand: Maxworth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT solutions tailored to the aviation and automobile industries. | maxworthsystems.com |
Employees and EPFO Compliance at Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems Private Limited has a workforce of 65 employees as of Apr 07, 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 Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems Private Limited has 3 board changes on record since 1993: 2 appointments and 1 cessation. The latest: Rohit Kumar ceased to be Director on 24 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Maxworth Electronic 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 Maxworth Electronic 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 Maxworth Electronic 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 Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM1656P1Z5 | Delhi | 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 Maxworth Electronic 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 Maxworth Electronic Systems Private Limited
Maxworth Electronic Systems is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 16 July 1993 (33+ years old) and is registered under CIN U74899DL1993PTC054485.
Maxworth Electronic Systems reported revenue of ₹19.82 Cr for FY 2024 (down 17% YoY).
Maxworth Electronic Systems has 2 current directors:
- Sanjay Garg - Director
- Ajay Jhingran - Director
Maxworth Electronic Systems reported a net loss of ₹21.23 Lakh (net margin -1.1%) and EBITDA of ₹20.5 Lakh (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxworth Electronic Systems is -4% over three years and -13% over five years. In the latest year (FY 2024) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxworth Electronic Systems is 07AAACM1656P1Z5, registered in Delhi.
The CIN (Corporate Identification Number) of Maxworth Electronic Systems is U74899DL1993PTC054485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxworth Electronic Systems has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Maxworth Electronic Systems was incorporated on 16 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Maxworth Electronic Systems by revenue are Alphabetics Business Machines Private Limited, 21St Century E-Solutions Private Limited, Robotics Embedded Education Services Private Limited, Polyworks Software India Private Limited, Omnepresent Technologies Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Rohit Kumar ceased to be Director on 24 Jan 2022. Ajay Jhingran was appointed as Director on 16 Jul 1993. Sanjay Garg was appointed as Director on 16 Jul 1993.