About Methodex Systems Private Limited
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Methodex Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 May 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL1974PTC007280. Its GSTIN is 07AAACM1924E2ZW (Delhi). The company holds 29 GST registrations, of which 25 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹83.27 Lakh. It was formerly known as Methodex Systems Ltd. It is led by directors including Rohit Katariya (Managing Director) and Kalpak Gandhi (Whole-Time Director).
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 607 – 608 Meghdoot 94 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹407.06 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹7.31 Cr (net margin 1.8%) and EBITDA of ₹21.38 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company has about 795 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹178.97 Cr and satisfied charges of ₹77.15 Cr on record. Court records list 105 cases involving the company, including 79 filed by the company and 26 filed against it; 20 cases are pending. The company has 9 deals on record (9 secondary share transfers); the latest was in July 2021. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,085 overdue payments to 52 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website methodexsystems.com.
Company details
CIN history
Methodex Systems has one previous CIN (Corporate Identification Number): U74140DL1974PLC007280. The current CIN is U74140DL1974PTC007280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL1974PTC007280 | Current |
| U74140DL1974PLC007280 | Previous |
Contact details
Methodex Systems Private Limited's registered office is in New Delhi, Delhi. Its website is methodexsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address607 – 608 Meghdoot 94 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Methodex 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
Business activity
The main business activities of Methodex Systems are manufacturing, trade and support service to organizations. In detail, this covers metal and metal products, retail trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Methodex Systems Private Limited, buy the company report.
Financials of Methodex Systems Private Limited
FY 2024 filings availableMethodex Systems Private Limited reported revenue of ₹407.06 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 9% 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 | ₹21.38 Cr | ||||
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| Net Profit (PAT) | ₹7.31 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 | 5.3% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Methodex Systems Private Limited, buy the company report.
Board of directors of Methodex Systems Private Limited
Methodex Systems has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipin Babubhai Shah Also directs: Anant Office Systems Private Limited, Ahura Exports Pvt Ltd, Elantra Advisors Private Limited and 3 more | Director | 30 Sep 1992 | 34 Years 0 Months | Current |
| Karan Katariya | Director | 01 Feb 2018 | 8 Years 8 Months | Current |
| Kalpak Gandhi Also directs: Datatec Methodex Private Limited, Moksha Lifespace LLP, Kokoro Space Solutions LLP and 1 more | Whole-Time Director | 01 May 1988 | 38 Years 5 Months | Current |
| Sanjaya Katariya Also directs: Datatec Methodex Private Limited | Whole-Time Director | 30 Sep 1992 | 34 Years 0 Months | Current |
| Rohit Katariya | Managing Director | 01 May 1988 | 38 Years 5 Months | Current |
| Pavan Kumar Malik | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
Auditor
Methodex Systems Private Limited is audited by SAGC and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGC and Associates LLP | FY 2023 | 012532N/N500117 |
Shareholding
The shareholding of Methodex Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Methodex Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2023 | 100716255 | Axis Bank Limited | ₹22.49 Lakh | Open | |
| 08 Dec 2020 | 100418689 | Axis Bank Limited | ₹59.25 Cr | Open | |
| 01 Jul 2019 | 100276286 | State Bank of India | ₹49.5 Cr | Open | |
| 08 Nov 2011 | 10326029 | Hdfc Bank Limited | ₹70 Cr | Open | |
| 21 Mar 2018 | 100197392 | Yes Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Methodex Systems Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Methodex Systems Private Limited has 9 deals on record (9 secondary share transfers); the latest was in July 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: H O Gandhi HUF, an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Katariya Sanjaya Huf |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Anant Office Systems Private Limited , 3 individuals Seller: Malwa Polymers Private Limited, 3 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
To see the full deal history of Methodex Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Methodex Systems Private Limited has 105 court cases on record: 79 filed by Methodex Systems, 26 filed against it. 20 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 58 | 11 | 9 |
| District courts | 36 | 10 | 6 |
| NCLAT | 6 | 0 | 5 |
| Supreme Court | 3 | 3 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 105)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Fabrtech Private Limited | Pending |
| High Court of Delhi | Writ petition | Filed against the company by Terracis Technologies Ltd | Pending |
| District court, Central, Delhi | Court case (DR) | Filed by the company against The Canara Bank Through Its Chief Manager | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Stalco Consultancy & Systems Pvt. Ltd. and Anr. and 1 other | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by Aveli Global Engineering Solutions Pvt Ltd. | Pending |
To see the full case history of Methodex 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.
Credit ratings & regulatory alerts
Methodex Systems Private Limited was last rated by Care on 13 Oct 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Oct 2025 |
To see the full credit ratings and regulatory alerts of Methodex Systems Private Limited, buy the company report.
MSME payment delays
Methodex Systems Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,085 overdue payments to 52 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 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Metalex Office System Private Limited | |||
| Sunrays | |||
| an individual supplier | |||
| an individual supplier | |||
| Bonton Technomake Pvt Ltd |
To see the full MSME payment records of Methodex Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Methodex Systems Private Limited has a workforce of 795 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Methodex Systems has 29 GST registrations: 25 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM1924E2ZW | Delhi | Active | 01 Jul 2017 |
| 07AAACM1924E3ZV | Delhi | Active | 20 Jun 2019 |
| 02AAACM1924E2Z6 | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACM1924E1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Methodex Systems Private Limited, buy the company report.
Recent activity
Methodex Systems Private Limited has 15 board changes on record since 1988: 7 appointments and 8 cessations. The latest: Pavan Kumar Malik ceased to be Additional Director on 29 Sep 2024.
37 earlier events are in the company report.
Frequently asked questions
Methodex Systems is an active private limited company based in New Delhi, Delhi, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 May 1974 (52+ years old) and is registered under CIN U74140DL1974PTC007280.
Methodex Systems has 7 current directors:
- Rohit Katariya - Managing Director
- Kalpak Gandhi - Whole-Time Director
- Sanjaya Katariya - Whole-Time Director
- Pankaj Gandhi - Whole-Time Director
- Bipin Babubhai Shah - Director
- Karan Katariya - Director
- Pavan Kumar Malik - Director
The latest financial statements of Methodex 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 Methodex Systems is 07AAACM1924E2ZW, registered in Delhi. The company has 29 GST registrations in all, of which 25 are active and 4 are cancelled or inactive. Other active GSTINs include 07AAACM1924E3ZV (Delhi), 02AAACM1924E2Z6 (Himachal Pradesh), 03AAACM1924E1Z5 (Punjab).
The CIN (Corporate Identification Number) of Methodex Systems is U74140DL1974PTC007280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Methodex Systems has 105 court cases on record: 79 filed by the company and 26 filed against it. 20 are pending. Most are in the high courts.
Methodex Systems was incorporated on 25 May 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
Methodex Systems has 9 deals on record (9 secondary share transfers); the latest was in July 2021.
Pavan Kumar Malik ceased to be Additional Director on 29 Sep 2024. Pavan Kumar Malik was appointed as Director on 30 Mar 2024. Himmatlal Gandhi ceased to be Whole-Time Director on 08 Mar 2020. Methodex Systems has 15 board changes on record in total.
Methodex Systems has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,085 overdue payments to 52 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Methodex Systems can be reached through the website methodexsystems.com. Its registered office is in New Delhi, Delhi, India.