MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0011125
Maxworth Electronic Systems Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.82 Cr
▼ 17% YoY
Net loss · FY 2024
₹21.23 Lakh
Net margin -1.1%
EBITDA · FY 2024
₹20.5 Lakh
EBITDA margin 1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹9.19 Lakh
Issued & subscribed
Open charges
₹4.63 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Employees · EPFO
65
Provident fund records
About Maxworth Electronic Systems Private Limited
Data last updated:
Maxworth Electronic Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 16 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC054485. Its GSTIN is 07AAACM1656P1Z5 (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.19 Lakh. It is led by directors Sanjay Garg and Ajay Jhingran.
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 909 Shahpuri Tirath Singh Tower C – 58 Community Centre Pankha Road Jan, Ak Puri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.82 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹21.23 Lakh (net margin -1.1%) and EBITDA of ₹20.5 Lakh (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxworth. As per MCA filings, the company has open charges of ₹4.63 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.
Maxworth Electronic Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0011125). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxworthsystems.com.
Company details
CIN U74899DL1993PTC054485
Registration Number 054485
Incorporation Date 16 July 1993
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-11-0011125
Key People
Sanjay Garg Director Ajay Jhingran Director Recognitions & Rankings of Maxworth Electronic Systems
Contact details
Maxworth Electronic Systems Private Limited's registered office is in New Delhi, Delhi. Its website is maxworthsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address909 Shahpuri Tirath Singh Tower C – 58 Community Centre Pankha Road Jan, Ak Puri, New Delhi, Delhi, India – 110058
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Maxworth Electronic Systems Private Limited, buy the company report.
Comprehensive company report
Maxworth Electronic 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Maxworth Electronic Systems operates one associated brand: Maxworth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT solutions tailored to the aviation and automobile industries. | maxworthsystems.com |
Business activity
The main business activities of Maxworth Electronic Systems are trade and manufacturing. In detail, this covers wholesale trading and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Maxworth Electronic Systems Private Limited, buy the company report.
Financials of Maxworth Electronic Systems Private Limited
FY 2024 filings availableMaxworth Electronic Systems Private Limited reported revenue of ₹19.82 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹19.82 Cr ▼ 17%
Net loss · FY 2024
₹21.23 Lakh margin -1.1%
EBITDA · FY 2024
₹20.5 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 4%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 55%
5 years · compounded
▼ 39%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 17% fall in the latest year. EBITDA fell 79% 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 | ₹20.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.23 Lakh | ||||
| Balance Sheet | |||||
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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 | 1% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Maxworth Electronic Systems Private Limited, buy the company report.
Board of directors of Maxworth Electronic Systems Private Limited
Maxworth Electronic 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 |
|---|---|---|---|---|
| Sanjay Garg | Director | 16 Jul 1993 | 33 Years 3 Months | Current |
| Ajay Jhingran | Director | 16 Jul 1993 | 33 Years 3 Months | Current |
Peer comparison
Maxworth Electronic Systems Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 21St Century E-Solutions Private Limited | ₹19.88 Cr (FY 2025) | 45.0% | Delhi, India | |||
| Robotics Embedded Education Services Private Limited | ₹19.86 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Maxworth Electronic Systems Private Limitedthis company | ₹19.82 Cr (FY 2024) | -₹21.23 Lakh | -1.1% | -17.0% | 65 | New Delhi, Delhi, India |
| Rohra Computer Products Private Limited | ₹19.76 Cr (FY 2025) | 74.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Maxworth Electronic Systems Private Limited, buy the company report.
Auditor
Maxworth Electronic Systems Private Limited is audited by RAMESH JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH JAIN & ASSOCIATES | FY 2023 | 002889N |
Shareholding
The shareholding of Maxworth Electronic 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 Maxworth Electronic Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2025 | 101061772 | Hdfc Bank Limited | ₹21.48 Lakh | Open | |
| 08 Aug 2009 | 10172860 | Corporation Bank | ₹20.79 Lakh | Open | |
| 08 Aug 2009 | 10172752 | Corporation Bank | ₹20.79 Lakh | Open | |
| 17 Apr 2007 | 10054557 | Corporation Bank | ₹4 Cr | Open |
To see the full charge records of Maxworth Electronic Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Maxworth Electronic Systems Private Limited has 6 court cases on record: 5 filed by Maxworth Electronic Systems, 1 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against C Net Infotech Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Court case (T P (CRL)) | Filed against the company by Ms C Net Infotech Private Limited and Anr | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against C Net Infotech Pvt. Ltd. | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Maxworth Electronic 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 Maxworth Electronic Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxworth Electronic Systems Private Limited has a workforce of 65 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Employee growth
25%
GST
Maxworth Electronic Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM1656P1Z5 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxworth Electronic Systems Private Limited, buy the company report.
Recent activity
Maxworth Electronic Systems Private Limited has 3 board changes on record since 1993: 2 appointments and 1 cessation. The latest: Rohit Kumar ceased to be Director on 24 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.48 Lakh with Charge ID 101061772 was registered on 06 Mar 2025.
AGM
Maxworth Electronic Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maxworth Electronic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Rohit Kumar ceased to be Director.
Charges
A charge with Corporation Bank of Rs. 400.00 Lakh registered on 17 Apr 2007 with Charge ID 10054557 was modified on 19 Aug 2015.
Charges
A charge with Corporation Bank amounted to Rs. 20.79 Lakh with Charge ID 10172860 was registered on 08 Aug 2009.
Charges
A charge with Corporation Bank amounted to Rs. 20.79 Lakh with Charge ID 10172752 was registered on 08 Aug 2009.
Charges
A charge with Corporation Bank amounted to Rs. 400.00 Lakh with Charge ID 10054557 was registered on 17 Apr 2007.
Appointed
Ajay Jhingran was appointed as Director.
Appointed
Sanjay Garg was appointed as Director.
Incorporation
16 Jul 1993
Maxworth Electronic Systems Private Limited was registered on 16 Jul 1993 with Roc Delhi & aged 33 years 3 months as per MCA records.
Frequently asked questions
Maxworth Electronic Systems is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 16 July 1993 (33+ years old) and is registered under CIN U74899DL1993PTC054485.
Maxworth Electronic Systems has 2 current directors:
- Sanjay Garg - Director
- Ajay Jhingran - Director
The latest financial statements of Maxworth Electronic 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 Maxworth Electronic Systems is 07AAACM1656P1Z5, registered in Delhi.
The CIN (Corporate Identification Number) of Maxworth Electronic Systems is U74899DL1993PTC054485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxworth Electronic Systems has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Maxworth Electronic Systems was incorporated on 16 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Maxworth Electronic Systems by revenue are 21St Century E-Solutions Private Limited, Robotics Embedded Education Services Private Limited, Rohra Computer Products Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Rohit Kumar ceased to be Director on 24 Jan 2022. Ajay Jhingran was appointed as Director on 16 Jul 1993. Sanjay Garg was appointed as Director on 16 Jul 1993.
Yes, Maxworth Electronic Systems is registered as a small enterprise under Udyam registration (number: UDYAM-DL-11-0011125).
Maxworth Electronic Systems can be reached through the website maxworthsystems.com. Its registered office is in New Delhi, Delhi, India.