Orbit Network Private Limited
About Orbit Network Private Limited
Data last updated:
Orbit Network Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the IT services segment of the services sector. It was incorporated on 25 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1999PTC036481. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors Chhaya Ganeshbhai Sawant and Ganesh Pandurang Savant.
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 Surat, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹72,500, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹781 (net margin 1.1%) and EBITDA of ₹22,514 (EBITDA margin 31.1%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 33% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressShop1To6 1 Stfloor Tps – 28 Fp – 18/C Sankalp Shopping Complex Opp Althan Tenament Nr. Water Ta, Nk Bhatar, Surat, Gujarat, India – 395001
- IndustryService, Information Technology Services
- 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 Orbit Network Private Limited
The main business activity of Orbit Network 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 Orbit Network Private Limited FY 2020 filings available
Orbit Network Private Limited reported revenue of ₹72,500 (down 86% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Orbit Network Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 86% fall in the latest year. EBITDA fell 32% 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 Orbit Network Private 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22,514 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹781 | •••• | •••• | •••• | •••• |
| 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 Orbit Network Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Orbit Network 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.
Board of Directors of Orbit Network Private Limited
Orbit Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Ganeshbhai Sawant | Director | 28 Apr 2006 | 20 Years 5 Months | Current |
| Ganesh Pandurang Savant | Director | 28 Apr 2006 | 20 Years 5 Months | Current |
Peer Comparison of Orbit Network Private Limited
Orbit Network Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karthikeyan Infotech Private Limited | ₹72,812 (FY 2021) | •••• | •••• | 416.0% | •••• | Chennai, Tamil Nadu, India |
| Aioter Tech Private Limited | ₹72,800 (FY 2024) | •••• | •••• | 194.0% | •••• | New Delhi, Delhi, India |
| Purvey Systems Private Limited | ₹72,754 (FY 2025) | •••• | •••• | -38.0% | •••• | Nirmali, Bihar, India |
| Cyber Intelligent Security Private Limited | ₹72,700 (FY 2021) | •••• | •••• | 236.0% | •••• | New Delhi, Delhi, India |
| Tabeto Infotec Private Limited | ₹72,605 (FY 2020) | •••• | •••• | 8.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Orbit Network Private Limited this company | ₹72,500 (FY 2020) | •••• | •••• | -86.0% | •••• | Surat, Gujarat, India |
| Techocupar Private Limited | ₹72,480 (FY 2022) | •••• | •••• | -63.0% | •••• | Madurai, Tamil Nadu, India |
| Uniqviz Technologies Private Limited | ₹72,250 (FY 2021) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Mesbro Technologies Private Limited | ₹72,237 (FY 2020) | •••• | •••• | •••• | Kamothe, Maharashtra, India | |
| Bilvasoft Private Limited | ₹72,210 (FY 2025) | •••• | •••• | -98.0% | •••• | Hyderabad, Telangana, India |
| Amadhya Technologies Private Limited | ₹72,200 (FY 2024) | •••• | •••• | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Orbit Network by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Orbit Network Private Limited
Orbit Network Private Limited is audited by ABK & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABK & 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.
Ownership and Shareholding of Orbit Network 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 Orbit Network Private Limited
Orbit Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Orbit Network Private Limited
Orbit Network Private Limited has a workforce of 5 employees as of Apr 05, 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 Orbit Network Private Limited
Orbit Network Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Chhaya Ganeshbhai Sawant was appointed as Director on 28 Apr 2006.
Credit Ratings, Litigation & Regulatory Alerts for Orbit Network 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 Orbit Network 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 Orbit Network 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 Orbit Network Private Limited
Orbit Network has 1 GST registration on record, and it has been cancelled or is 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 Orbit Network 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 Orbit Network Private Limited
Orbit Network is an active private limited company based in Surat, Gujarat, India. The company works in information technology services, within the service industry. It was incorporated on 25 August 1999 (27+ years old) and is registered under CIN U72200GJ1999PTC036481.
Orbit Network reported revenue of ₹72,500 for FY 2020 (down 86% YoY).
Orbit Network has 2 current directors:
- Chhaya Ganeshbhai Sawant - Director
- Ganesh Pandurang Savant - Director
Orbit Network reported a net profit of ₹781 (net margin 1.1%) and EBITDA of ₹22,514 (EBITDA margin 31.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Orbit Network is -54% over three years and -33% over five years. In the latest year (FY 2020) revenue fell 86%. CAGR is the steady yearly rate that links the first and the last year.
No. Orbit Network has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Orbit Network is U72200GJ1999PTC036481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orbit Network was incorporated on 25 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Orbit Network by revenue are Karthikeyan Infotech Private Limited, Aioter Tech Private Limited, Purvey Systems Private Limited, Cyber Intelligent Security Private Limited, Tabeto Infotec Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Chhaya Ganeshbhai Sawant was appointed as Director on 28 Apr 2006. Ganesh Pandurang Savant was appointed as Director on 28 Apr 2006.
The registered office of Orbit Network is at Shop1To6 1 Stfloor Tps – 28 Fp – 18C Sankalp Shopping Complex Opp Althan Tenament Nr. Water Ta, Nk Bhatar, Surat, Gujarat, India – 395001.