About Netsol Projects Limited
Data last updated:
Netsol Projects Limited is a public limited company based in New, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U01403DL1994PLC063602. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.71 Lakh. It is led by directors including Sunita Agrawal and Nidhi Agarwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 252 B Sant Nagar 2nd Floor Prince Plaza, New, Delhi, India – 110019.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.13 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹26.38 Lakh (net margin -163.6%) and EBITDA of ₹7.46 Lakh (EBITDA margin 46.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹1.09 Cr and satisfied charges of ₹20.35 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netsolprojects.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address252 B Sant Nagar 2nd Floor Prince Plaza, New, Delhi, India – 110019
- 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 Netsol Projects Limited
The main business activity of Netsol Projects is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Netsol Projects Limited FY 2020 filings available
Netsol Projects Limited reported revenue of ₹16.13 Lakh (down 64% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Netsol Projects Limited
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 64% fall in the latest year. EBITDA rose 188% 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 Netsol Projects Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹16.13 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.38 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 Netsol Projects Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -163.6% | •••• | •••• | •••• | •••• |
| 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 Netsol Projects 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 Netsol Projects Limited
Netsol Projects Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prosense Services Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| C-Cor Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Net Consult India Private Limited(Tfr.From Karnataka to Delhi) | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Dynakode Technology Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Trakka Systems India Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Netsol Projects Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Agrotika Ventures Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Dexagon Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| VCL Technocare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Focus Net Private Limited | •••• | •••• | •••• | •••• | - | Rohini, Delhi, India |
| Vera Software IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Netsol Projects by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Netsol Projects Limited
Netsol Projects Limited is audited by S TEKRIWAL & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S TEKRIWAL & ASSOCIATES | 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 Netsol Projects Limited
Netsol Projects has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Agrawal | Director | 13 Mar 2003 | 23 Years 6 Months | Current |
| Nidhi Agarwal | Director | 02 Feb 2010 | 16 Years 8 Months | Current |
| Krishna Kumar Agrawal | Director | 13 Mar 2003 | 23 Years 6 Months | Current |
Ownership and Shareholding of Netsol Projects 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 Netsol Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2019 | Others | ₹24.26 Lakh | Open |
| 31 Jul 2019 | Others | ₹5.21 Lakh | Open |
| 06 Dec 2008 | Andhra Bank | ₹80 Lakh | Open |
| 26 Apr 2018 | Others | ₹20.35 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Netsol Projects Limited
Netsol Projects Limited has 8 court cases on record: 8 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (4 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed against the company by Union Bank of India Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Reliance Home Finance Limited | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Disposed |
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by Andhra Bank | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Netsol Projects Limited
Employment history and EPFO contributions of people linked to Netsol Projects.
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.
CIN History of Netsol Projects Limited
Netsol Projects has one previous CIN (Corporate Identification Number): U00000DL1994PLC063602. The current CIN is U01403DL1994PLC063602, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01403DL1994PLC063602 | Current |
| U00000DL1994PLC063602 | Previous |
Recent Activity on Netsol Projects Limited
Netsol Projects Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Jaspal Singh Walia ceased to be Director on 02 Feb 2010.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Netsol Projects 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 Netsol Projects 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 Netsol Projects 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 Netsol Projects Limited
Netsol Projects 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.
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 Netsol Projects 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 Netsol Projects Limited
Netsol Projects is an active public limited company based in New, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 19 December 1994 (32+ years old) and is registered under CIN U01403DL1994PLC063602.
Netsol Projects reported revenue of ₹16.13 Lakh for FY 2020 (down 64% YoY).
Netsol Projects has 3 current directors:
- Sunita Agrawal - Director
- Nidhi Agarwal - Director
- Krishna Kumar Agrawal - Director
Netsol Projects reported a net loss of ₹26.38 Lakh (net margin -163.6%) and EBITDA of ₹7.46 Lakh (EBITDA margin 46.3%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Netsol Projects is -44% over three years and -41% over five years. In the latest year (FY 2020) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
No. Netsol Projects has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Netsol Projects is U01403DL1994PLC063602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netsol Projects has 8 court cases on record: 8 filed against it.
Netsol Projects was incorporated on 19 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Netsol Projects by revenue are Prosense Services Private Limited, C-Cor Solutions Private Limited, Net Consult India Private Limited(Tfr.From Karnataka to Delhi), Dynakode Technology Private Limited, Trakka Systems India Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Jaspal Singh Walia ceased to be Director on 02 Feb 2010. Nidhi Agarwal was appointed as Director on 02 Feb 2010. Krishna Kumar Agrawal was appointed as Director on 13 Mar 2003. Netsol Projects has 4 board changes on record in total.