- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-24-0001319

About Monotech Systems Limited
Data last updated:
Monotech Systems Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U22219TN1999PLC042840. Its GSTIN is 33AABCM8821D1ZT (Tamil Nadu). The company holds 22 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Monotech Systems Private Limited. It is led by directors including Tej Prakash Jain (Managing Director) and Sharmila Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8B Chaitanyaexotica 24 Venkatnarayanaroad T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹279.85 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹8.47 Cr (net margin 3%) and EBITDA of ₹22.01 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 12% over five years.
The company has about 636 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Monotech Systems and JETSCI Global. As per MCA filings, the company has open charges of ₹191.89 Cr and satisfied charges of ₹129.66 Cr on record. Court records list 199 cases involving the company, including 168 filed by the company and 31 filed against it; 48 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.45 Cr; the latest was in April 2020.
Monotech Systems Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0001319). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monotech.in.
Company details
Recognitions & Rankings of Monotech Systems
Contact details
Monotech Systems Limited's registered office is in Chennai, Tamil Nadu. Its website is monotech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8B Chaitanyaexotica 24 Venkatnarayanaroad T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing, Packaging Machinery & Equipment
To see the full contact details of Monotech Systems 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
Brands
Monotech Systems operates two associated brands: Monotech Systems and JETSCI Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures printing machinery and supplies solutions for packaging industries worldwide. | monotech.in | |
| Company provides manufacturing services for packaging industry | jetsciglobal.com |
Business activity
The main business activity of Monotech Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Monotech Systems Limited, buy the company report.
Financials of Monotech Systems Limited
FY 2024 filings availableMonotech Systems Limited reported revenue of ₹279.85 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 24% growth in the latest year. EBITDA rose 49% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹279.85 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.47 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 7.9% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Monotech Systems Limited, buy the company report.
Board of directors of Monotech Systems Limited
Monotech Systems has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tej Prakash Jain | Managing Director | 14 Jul 1999 | 27 Years 3 Months | Current |
| Sharmila Jain | Whole-Time Director | 14 Jul 1999 | 27 Years 3 Months | Current |
| Anil Dangi Also directs: Ratnavlee Associates Private Limited | Director | 14 Jul 1999 | 27 Years 3 Months | Current |
| Subramaniaraja Vaishnavi | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Pusapadi Ramesh Harishankar Also directs: B.J.Textiles Company Limited, East Coast Hospitals Ltd | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Shareholding
The shareholding of Monotech Systems Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monotech Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101181047 | Sidbi | ₹2.4 Cr | Open | |
| 25 Sep 2025 | 101169581 | Sidbi | ₹2 Cr | Open | |
| 21 Jun 2024 | 100936202 | Others | ₹11.49 Lakh | Open | |
| 18 Jan 2024 | 100854711 | Sidbi | ₹65 Lakh | Open | |
| 29 Dec 2023 | 100839761 | Hdfc Bank Limited | ₹8 Cr | Open |
To see the full charge records of Monotech Systems Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
Monotech Systems Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.45 Cr; the latest was in April 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: Tej Prakash Jain HUF Seller: 2 individuals |
| Apr 2015 | Acquisition | ₹93.5 Cr | Buyer: Konica Minolta Business Solutions India Private Limited Seller: Monotech Systems Limited |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹1.5 Cr | Investors: 3 individuals |
| Mar 2009 | Funding round | ₹89 Lakh | Investors: 4 individuals |
To see the full deal history of Monotech Systems 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
Monotech Systems Limited has 199 court cases on record: 168 filed by Monotech Systems, 31 filed against it. 48 cases are pending and 151 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 125 | 9 | 33 |
| High courts | 64 | 21 | 13 |
| Supreme Court | 7 | 1 | 2 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 199)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by The Oriental Insurance Co.Ltd. | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Capricon Signage Private Limited | Disposed |
| High Court, TAMIL NADU | Petition | Filed against the company by Oriental Insurance Co.Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Oriental Insurance Co.Ltd., | Disposed |
| Madras High Court | Court case (TCA) | Filed against the company by The Principal Commissioner of Income Tax -4 | Pending |
To see the full case history of Monotech Systems 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 Monotech Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Monotech Systems Limited has a workforce of 636 employees on its EPFO records as of Feb 04, 2026, across 1 active EPFO establishment.
GST
Monotech Systems has 22 GST registrations: 18 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM8821D1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 33AABCM8821D2ZS | Tamil Nadu | Active | 26 Jun 2025 |
| 03AABCM8821D1ZW | Punjab | Active | 01 Jul 2017 |
| 06AABCM8821D1ZQ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monotech Systems Limited, buy the company report.
Recent activity
Monotech Systems Limited has 9 board changes on record since 1999: 5 appointments and 4 cessations. The latest: Pusapadi Ramesh Harishankar was appointed as Director on 01 Apr 2025.
68 earlier events are in the company report.
Frequently asked questions
Monotech Systems is an active public limited company based in Chennai, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 July 1999 (27+ years old) and is registered under CIN U22219TN1999PLC042840.
Monotech Systems has 5 current directors:
- Tej Prakash Jain - Managing Director
- Sharmila Jain - Whole-Time Director
- Anil Dangi - Director
- Subramaniaraja Vaishnavi - Director
- Pusapadi Ramesh Harishankar - Director
The latest financial statements of Monotech Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Monotech Systems is 33AABCM8821D1ZT, registered in Tamil Nadu. The company has 22 GST registrations in all, of which 18 are active and 4 are cancelled or inactive. Other active GSTINs include 33AABCM8821D2ZS (Tamil Nadu), 03AABCM8821D1ZW (Punjab), 06AABCM8821D1ZQ (Haryana).
The CIN (Corporate Identification Number) of Monotech Systems is U22219TN1999PLC042840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monotech Systems has 199 court cases on record: 168 filed by the company and 31 filed against it. 48 are pending. Most are in the district courts.
Monotech Systems was incorporated on 14 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Monotech Systems has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.45 Cr; the latest was in April 2020.
Pusapadi Ramesh Harishankar was appointed as Director on 01 Apr 2025. Subramaniaraja Vaishnavi was appointed as Director on 01 Apr 2025. Alagarsamy Uthandan ceased to be Director on 16 Mar 2025. Monotech Systems has 9 board changes on record in total.
Yes, Monotech Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-24-0001319).