MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0036294
Netgrow Systems Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹31.93 Lakh
▼ 3% YoY
Net profit · FY 2019
₹3 Lakh
Net margin 9.4%
EBITDA · FY 2019
₹8.01 Lakh
EBITDA margin 25.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Netgrow Systems Private Limited
Data last updated:
Netgrow Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 13 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2009PTC070732. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Revathy and Andithevar Murugan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at G5 Surya Apartments Central Avenue Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2019, the company reported a revenue of ₹31.93 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3 Lakh (net margin 9.4%) and EBITDA of ₹8.01 Lakh (EBITDA margin 25.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
Netgrow Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0036294). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website netgrowsystems.com.
Company details
CIN U72200TN2009PTC070732
Registration Number 070732
Incorporation Date 13 February 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0036294
Key People
Revathy Director Andithevar Murugan Director Recognitions & Rankings of Netgrow Systems
Contact details
Netgrow Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is netgrowsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG5 Surya Apartments Central Avenue Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryInformation Technology, Web Design & Maintenance Services, Application Development & Software Solutions
To see the full contact details of Netgrow Systems Private Limited, buy the company report.
Comprehensive company report
Netgrow 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
Business activity
The main business activity of Netgrow Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| 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 |
To see the full business activity and turnover split of Netgrow Systems Private Limited, buy the company report.
Financials of Netgrow Systems Private Limited
FY 2019 filings availableNetgrow Systems Private Limited reported revenue of ₹31.93 Lakh (down 3% YoY) for FY 2019.
Revenue · FY 2019
₹31.93 Lakh ▼ 3%
Net profit · FY 2019
₹3 Lakh margin 9.4%
EBITDA · FY 2019
₹8.01 Lakh margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 47%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 10%
5 years · compounded
▼ 1%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 3% fall in the latest year. EBITDA rose 7% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.93 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 9.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Netgrow Systems Private Limited, buy the company report.
Board of directors of Netgrow Systems Private Limited
Netgrow 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 |
|---|---|---|---|---|
| Revathy Also directs: Shastra Cards Private Limited | Director | 13 Feb 2009 | 17 Years 8 Months | Current |
| Andithevar Murugan Also directs: Shastra Cards Private Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Netgrow Systems Private Limited is audited by ARASU & ARUNACHALAM for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARASU & ARUNACHALAM | FY 2019 | 000210S |
Shareholding
The shareholding of Netgrow Systems Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Netgrow Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2015 | 10575590 | City Union Bank Limited | ₹5 Lakh | Open | |
| 04 Jun 2013 | 10439753 | City Union Bank Limited | ₹20 Lakh | Open |
To see the full charge records of Netgrow Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Netgrow Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Netgrow Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netgrow Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Netgrow Systems Private Limited, buy the company report.
Recent activity
Netgrow Systems Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Anand ceased to be Director on 02 Jun 2020.
Ceased
Anand ceased to be Director.
Appointed
Andithevar Murugan was appointed as Director.
AGM
Netgrow Systems Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Netgrow Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Charges
A charge with City Union Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 10575590 was registered on 14 Mar 2015.
Charges
A charge with City Union Bank Limited of Rs. 20.00 Lakh registered on 04 Jun 2013 with Charge ID 10439753 was modified on 14 Mar 2015.
Charges
A charge with City Union Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 10439753 was registered on 04 Jun 2013.
Appointed
Revathy was appointed as Director.
Incorporation
13 Feb 2009
Netgrow Systems Private Limited was registered on 13 Feb 2009 with Roc Chennai & aged 17 years 8 months as per MCA records.
Frequently asked questions
Netgrow Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 13 February 2009 (17+ years old) and is registered under CIN U72200TN2009PTC070732.
Netgrow Systems has 2 current directors:
- Revathy - Director
- Andithevar Murugan - Director
The latest financial statements of Netgrow Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Netgrow Systems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Netgrow Systems is U72200TN2009PTC070732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netgrow Systems was incorporated on 13 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Anand ceased to be Director on 02 Jun 2020. Andithevar Murugan was appointed as Director on 01 Jun 2020. Revathy was appointed as Director on 13 Feb 2009.
Yes, Netgrow Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0036294).
Netgrow Systems can be reached through the website netgrowsystems.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Netgrow Systems is at G5 Surya Apartments Central Avenue Kodambakkam, Chennai, Tamil Nadu, India – 600024.