- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0148421

About Mil-Cots Systems India Private Limited
Data last updated:
Mil-Cots Systems India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 01 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC051068. Its GSTIN is 29AAACX0783E1Z9 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Ximax Automation India Private Limited. It is led by directors Manjunathan Magendran and Thandayuthapani Jayalakshmi.
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 No 27/1 1st Floor 3rd Main Road Domlur Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.47 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹19.88 Lakh (net margin 8%) and EBITDA of ₹30.36 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹73 Lakh on record.
Mil-Cots Systems India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0148421). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milcotsindia.com.
Recognitions & Rankings of Mil-Cots Systems India
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 27/1 1st Floor 3rd Main Road Domlur Layout, Bangalore, Karnataka, India – 560071
- 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 Mil-Cots Systems India Private Limited
The main business activity of Mil-Cots Systems India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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 Mil-Cots Systems India Private Limited FY 2025 filings available
Mil-Cots Systems India Private Limited reported revenue of ₹2.47 Cr (up 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mil-Cots Systems India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 80% growth in the latest year. EBITDA rose 333% 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 Mil-Cots Systems India 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 | ₹30.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.88 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 Mil-Cots Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8% | •••• | •••• | •••• | •••• |
| 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 Mil-Cots Systems India 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.
Board of Directors of Mil-Cots Systems India Private Limited
Mil-Cots Systems India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunathan Magendran | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Thandayuthapani Jayalakshmi | Director | 24 Jan 2022 | 4 Years 8 Months | Current |
Peer Comparison of Mil-Cots Systems India Private Limited
Mil-Cots Systems India 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 |
|---|---|---|---|---|---|---|
| Blue Ocean Distributors Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bhopal, Madhya Pradesh, India |
| Altitude Software Asia Pacific Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Gurgaon, Haryana, India |
| Tecsec Technologies Private Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Savyasasy Software Solutions Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Red Orchid Infotechnics Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | New Delhi, Delhi, India |
| Mil-Cots Systems India Private Limited this company | ₹2.47 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Bangalore, Karnataka, India |
| Parity Systems Pvt Ltd. | ₹2.47 Cr (FY 2021) | •••• | •••• | 113.0% | •••• | Secunderabad, Telangana, India |
| Eegrab Services Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Kolkata, West Bengal, India |
| Sutrabiz Solutions Private Limited | ₹2.46 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Hyderabad, Telangana, India |
| Fast Track Technologies Private Limited | ₹2.46 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Friendbridge Technology Private Limited | ₹2.46 Cr (FY 2019) | •••• | •••• | -82.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mil-Cots Systems India 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 Mil-Cots Systems India Private Limited
Auditor information for Mil-Cots Systems India Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Mil-Cots Systems India 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 Mil-Cots Systems India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2014 | The Federal Bank Limited | ₹73 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mil-Cots Systems India Private Limited
Employment history and EPFO contributions of people linked to Mil-Cots Systems India.
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 Mil-Cots Systems India Private Limited
Mil-Cots Systems India Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Thandayuthapani Jayalakshmi ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Mil-Cots Systems India 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 Mil-Cots Systems India 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 Mil-Cots Systems India 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 Mil-Cots Systems India Private Limited
Mil-Cots Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACX0783E1Z9 | Karnataka | 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 Mil-Cots Systems India 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 Mil-Cots Systems India Private Limited
Mil-Cots Systems India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 01 October 2009 (17+ years old) and is registered under CIN U72200KA2009PTC051068.
Mil-Cots Systems India reported revenue of ₹2.47 Cr for FY 2025 (up 80% YoY).
Mil-Cots Systems India has 2 current directors:
- Manjunathan Magendran - Director
- Thandayuthapani Jayalakshmi - Director
Mil-Cots Systems India reported a net profit of ₹19.88 Lakh (net margin 8%) and EBITDA of ₹30.36 Lakh (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mil-Cots Systems India is 25% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mil-Cots Systems India is 29AAACX0783E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Mil-Cots Systems India is U72200KA2009PTC051068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mil-Cots Systems India was incorporated on 01 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mil-Cots Systems India by revenue are Blue Ocean Distributors Private Limited, Altitude Software Asia Pacific Private Limited, Tecsec Technologies Private Limited, Savyasasy Software Solutions Private Limited, Red Orchid Infotechnics Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Thandayuthapani Jayalakshmi ceased to be Additional Director on 30 Sep 2022. Rajesh Gangadharan Konnamparambath ceased to be Director on 24 Jan 2022. Thandayuthapani Jayalakshmi was appointed as Director on 24 Jan 2022. Mil-Cots Systems India has 4 board changes on record in total.
Yes, Mil-Cots Systems India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0148421).