MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0045115
Microtech IT Systems Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.36 Cr
▲ 17% YoY
Net profit · FY 2024
₹1.6 Cr
Net margin 12.9%
EBITDA · FY 2024
₹2.55 Cr
EBITDA margin 20.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹3.75 Cr
Satisfied ₹3.4 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
4
Provident fund records
About Microtech IT Systems Private Limited
Data last updated:
Microtech IT Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2006PTC049579. Its GSTIN is 24AAECM9263C1ZL (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Paragi Nalin Patel and Nalin Pramodchandra Patel.
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 402 Parishram 5B Rashmi Society Mithakhali Circle Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.36 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 12.9%) and EBITDA of ₹2.55 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 23% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Microtech IT Systems. As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹3.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Microtech IT Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0045115). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micits.com.
Company details
CIN U72200GJ2006PTC049579
Registration Number 049579
Incorporation Date 13 December 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0045115
Recognitions & Rankings of Microtech IT Systems
Contact details
Microtech IT Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is micits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address402 Parishram 5B Rashmi Society Mithakhali Circle Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Microtech IT Systems Private Limited, buy the company report.
Comprehensive company report
Microtech IT Systems Private Limited - one report that includes everything
- 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
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Brands
Microtech IT Systems operates one associated brand: Microtech IT Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions, software development, and services in India. | micits.com |
Business activity
The main business activities of Microtech IT Systems are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Microtech IT Systems Private Limited, buy the company report.
Financials of Microtech IT Systems Private Limited
FY 2025 filings availableMicrotech IT Systems Private Limited reported revenue of ₹12.36 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹12.36 Cr ▲ 17%
Net profit · FY 2024
₹1.6 Cr margin 12.9%
EBITDA · FY 2024
₹2.55 Cr margin 20.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 36%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 46%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 17% growth in the latest year. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 12.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Microtech IT Systems Private Limited, buy the company report.
Board of directors of Microtech IT Systems Private Limited
Microtech IT Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paragi Nalin Patel | Director | 13 Dec 2006 | 19 Years 10 Months | Current |
| Nalin Pramodchandra Patel | Director | 13 Dec 2006 | 19 Years 10 Months | Current |
Peer comparison
Microtech IT Systems Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prosimo.Io India Private Limited | ₹12.4 Cr (FY 2023) | 96.0% | Bengaluru, Karnataka, India | |||
| Microtech IT Systems Private Limitedthis company | ₹12.36 Cr (FY 2024) | ₹1.6 Cr | 12.9% | 17.0% | 4 | Ahmedabad, Gujarat, India |
| Codebucket Solutions Private Limited | ₹12.35 Cr (FY 2025) | 58.0% | Kalamassery, Kochi, Kerala, India | |||
| Birst India Private Limited | ₹12.33 Cr (FY 2019) | 8.0% | Hyderabad, Telangana, India | |||
| Vasudhaika Software Private Limited | ₹12.29 Cr (FY 2025) | 53.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Microtech IT Systems Private Limited, buy the company report.
Auditor
Microtech IT Systems Private Limited is audited by DJNV & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DJNV & Co. | FY 2023 | 115145W |
Shareholding
The shareholding of Microtech IT 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Microtech IT Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.75 Cr
Satisfied charges
₹3.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2021 | 100461226 | Others | ₹2.25 Cr | Open | |
| 13 Feb 2017 | 100112839 | Idbi Bank Limited | ₹1.5 Cr | Open | |
| 22 Oct 2012 | 10387860 | The Kalupur Commercial Co-Operative Bank Ltd. | ₹3.4 Cr | Satisfied |
To see the full charge records of Microtech IT Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Microtech IT Systems Private Limited has 1 court case on record: 1 filed by Microtech IT Systems. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (APPLN ESI) | Filed by the company against Regional Director E.S.I Corporation, Ahemdabad | Disposed |
To see the full case history of Microtech IT 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
No delayed payments to MSME suppliers are on our record for Microtech IT Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Microtech IT Systems Private Limited has a workforce of 4 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
100%
GST
Microtech IT Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM9263C1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Microtech IT Systems Private Limited, buy the company report.
Recent activity
Microtech IT Systems Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Sujay Nalin Patel ceased to be Director on 31 Dec 2019.
AGM
Microtech It Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Microtech It Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 100461226 was registered on 06 Jul 2021.
Ceased
Sujay Nalin Patel ceased to be Director.
Charges
A charge registered on 22 Oct 2012 via Charge ID 10387860 with The Kalupur Commercial Co-Operative Bank Ltd. was fully satisfied on 05 Jun 2017.
Charges
A charge with Idbi Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100112839 was registered on 13 Feb 2017.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Ltd. of Rs. 340.00 Lakh registered on 22 Oct 2012 with Charge ID 10387860 was modified on 10 Jun 2014.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Ltd. amounted to Rs. 340.00 Lakh with Charge ID 10387860 was registered on 22 Oct 2012.
Appointed
Nalin Pramodchandra Patel was appointed as Director.
Appointed
Paragi Nalin Patel was appointed as Director.
Incorporation
13 Dec 2006
Microtech It Systems Private Limited was registered on 13 Dec 2006 with Roc Ahmedabad & aged 19 years 10 months as per MCA records.
Frequently asked questions
Microtech IT Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 December 2006 (20+ years old) and is registered under CIN U72200GJ2006PTC049579.
Microtech IT Systems has 2 current directors:
- Paragi Nalin Patel - Director
- Nalin Pramodchandra Patel - Director
The latest financial statements of Microtech IT Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Microtech IT Systems is 24AAECM9263C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Microtech IT Systems is U72200GJ2006PTC049579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microtech IT Systems has 1 court case on record: 1 filed by the company.
Microtech IT Systems was incorporated on 13 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Microtech IT Systems by revenue are Prosimo.Io India Private Limited, Codebucket Solutions Private Limited, Birst India Private Limited, Vasudhaika Software Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Sujay Nalin Patel ceased to be Director on 31 Dec 2019. Nalin Pramodchandra Patel was appointed as Director on 13 Dec 2006. Paragi Nalin Patel was appointed as Director on 13 Dec 2006.
Yes, Microtech IT Systems is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0045115).
Microtech IT Systems can be reached through the website micits.com. Its registered office is in Ahmedabad, Gujarat, India.
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