About Modwin Networks Private Limited
Data last updated:
Modwin Networks Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 28 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2011PTC079398. Its GSTIN is 33AAHCM0515G2ZX (Tamil Nadu). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vinod Vattekkat (Managing Director) and Ramany Vinod Vattekkat.
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 Shop No.209 & 210 2nd Floor Osian Chloroplaza Karambakkam Porur, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.79 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹26.6 Lakh (net margin 2.3%) and EBITDA of ₹66.62 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modwin Networks. As per MCA filings, the company has open charges of ₹3.45 Cr and satisfied charges of ₹78.65 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modwin.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No.209 & 210 2nd Floor Osian Chloroplaza Karambakkam Porur, Chennai, Tamil Nadu, India – 600116
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Modwin Networks Private Limited
The main business activity of Modwin Networks is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication 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 Modwin Networks Private Limited FY 2024 filings available
Modwin Networks Private Limited reported revenue of ₹11.79 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Modwin Networks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 10% growth in the latest year. EBITDA fell 34% 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 Modwin Networks Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.79 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹66.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.6 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 Modwin Networks Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Modwin Networks 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 Modwin Networks Private Limited
Modwin Networks Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anaya Tech Systems Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Mekr Technologies Private Limited | •••• | •••• | •••• | •••• | 36 | Delhi, India |
| Lipap Systems Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Inesh Smart Energy Private Limited | •••• | •••• | •••• | •••• | 29 | Chennai, Tamil Nadu, India |
| Comavia Systems Technologies Private Limited | •••• | •••• | •••• | •••• | 72 | Bangalore North, Karnataka, India |
| Modwin Networks Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Digital Marketing Systems Pvt. Ltd. | •••• | •••• | •••• | •••• | 11 | Indore, Madhya Pradesh, India |
| Citadel Intelligent Systems Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Exza Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Pan Communications (Pvt) Ltd | •••• | •••• | •••• | •••• | 12 | New Delhi., Delhi, India |
| Hynetic Electronics Private Limited | •••• | •••• | •••• | •••• | 37 | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Modwin Networks by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Modwin Networks Private Limited
Modwin Networks Private Limited is audited by Ravi H. Dasija & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ravi H. Dasija & Co. | 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 Modwin Networks Private Limited
Modwin Networks has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramany Vinod Vattekkat | Director | 28 Feb 2011 | 15 Years 7 Months | Current |
| Vinod Vattekkat | Managing Director | 01 Jul 2012 | 14 Years 3 Months | Current |
| Pramod Nair | Director | 01 Apr 2012 | 14 Years 6 Months | Current |
| Manisha Pramod | Director | 28 Feb 2011 | 15 Years 7 Months | Current |
Ownership and Shareholding of Modwin Networks 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 Modwin Networks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2022 | Axis Bank Limited | ₹2 Cr | Open |
| 11 Aug 2015 | Hdfc Bank Limited | ₹1.45 Cr | Open |
| 16 Apr 2015 | Hdfc Bank Limited | ₹73.65 Lakh | Satisfied |
| 17 Apr 2014 | Allhabad Bank | ₹5 Lakh | Satisfied |
Total charge records: 4 View all charges
Associated Brands with Modwin Networks Private Limited
Modwin Networks operates one associated brand: Modwin Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Systems integration for AV, IT, security, and unified communications services. | modwin.com |
Employees and EPFO Compliance at Modwin Networks Private Limited
Modwin Networks Private Limited has a workforce of 36 employees as of Mar 31, 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 Modwin Networks Private Limited
Modwin Networks Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Nalin Mahendra Shah ceased to be Additional Director on 10 Mar 2018.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modwin Networks 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 Modwin Networks 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 Modwin Networks 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 Modwin Networks Private Limited
Modwin Networks has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCM0515G2ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAHCM0515G1ZR | Maharashtra | Active | 01 Jul 2017 |
| 29AAHCM0515G1ZN | Karnataka | Active | 01 Jul 2017 |
| 32AAHCM0515G1Z0 | Kerala | 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 Modwin Networks 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 Modwin Networks Private Limited
Modwin Networks is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 28 February 2011 (15+ years old) and is registered under CIN U74999TN2011PTC079398.
Modwin Networks reported revenue of ₹11.79 Cr for FY 2023 (up 10% YoY).
Modwin Networks has 4 current directors:
- Vinod Vattekkat - Managing Director
- Ramany Vinod Vattekkat - Director
- Pramod Nair - Director
- Manisha Pramod - Director
Modwin Networks reported a net profit of ₹26.6 Lakh (net margin 2.3%) and EBITDA of ₹66.62 Lakh (EBITDA margin 5.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modwin Networks is 18% over three years and 12% over five years. In the latest year (FY 2023) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modwin Networks is 33AAHCM0515G2ZX, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCM0515G1ZR (Maharashtra), 29AAHCM0515G1ZN (Karnataka), 32AAHCM0515G1Z0 (Kerala).
The CIN (Corporate Identification Number) of Modwin Networks is U74999TN2011PTC079398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modwin Networks was incorporated on 28 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Modwin Networks by revenue are Anaya Tech Systems Private Limited, Mekr Technologies Private Limited, Lipap Systems Private Limited, Inesh Smart Energy Private Limited, Comavia Systems Technologies Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Nalin Mahendra Shah ceased to be Additional Director on 10 Mar 2018. Vinod Vattekkat ceased to be Director on 26 Jun 2015. Ramany Vinod Vattekkat ceased to be Managing Director on 25 Jun 2015. Modwin Networks has 7 board changes on record in total.
Modwin Networks can be reached through the website modwin.com. Its registered office is in Chennai, Tamil Nadu, India.