About Piton Systems Private Limited
Data last updated:
Piton Systems Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC166998. Its GSTIN is 27AAICP8411D1ZI (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sonali Advait Karnik and Sonal Nikhil Dalal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aaroha Plot No. 62 Swedganga Society Warje, Pune, Maharashtra, India – 411058.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.61 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.47 Lakh (net margin -1.5%) and EBITDA of ₹3.61 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 40% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Piton Systems. Court records list 1 case involving the company, including 1 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 pitonsystems.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAaroha Plot No. 62 Swedganga Society Warje, Pune, Maharashtra, India – 411058
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Piton Systems Private Limited
The main business activity of Piton Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Piton Systems Private Limited FY 2025 filings available
Piton Systems Private Limited reported revenue of ₹1.61 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Piton Systems Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 91% 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 Piton Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.47 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 Piton Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 Piton Systems are in the company report.
Financial statements from FY 2017
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 Piton Systems Private Limited
Piton Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Creware Technologies Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Globizs Web Solutions Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | -62.0% | •••• | Imphal, Manipur, India |
| Ringcentral India Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Influidity Solution Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Bhubaneswar, Odisha, India |
| Simplex IT Services Private Limited | ₹1.61 Cr (FY 2023) | •••• | •••• | 27.0% | •••• | Zirakpur, Punjab, India |
| Piton Systems Private Limited this company | ₹1.61 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Pune, Maharashtra, India |
| Extension Technologies Private Limited | ₹1.61 Cr (FY 2023) | •••• | •••• | 406.0% | •••• | Faridabad, Haryana, India |
| Ventix Innovation (OPC) Private Limited | ₹1.61 Cr (FY 2022) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Teamteki Systems Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | 1389.0% | •••• | Noida, Uttar Pradesh, India |
| SSJT Technologies Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Lucknow, Uttar Pradesh, India |
| Maginx Global Technologies Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Piton Systems by revenue in the same principal business activity (Computer programming, consultancy and related 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 Piton Systems Private Limited
Piton Systems Private Limited is audited by BAHETI & SOMANI LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAHETI & SOMANI LLP | 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 Piton Systems Private Limited
Piton Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonali Advait Karnik | Director | 01 Nov 2016 | 9 Years 11 Months | Current |
| Sonal Nikhil Dalal | Director | 01 Nov 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Piton Systems 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 Piton Systems Private Limited
Piton Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Piton Systems Private Limited
Piton Systems Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 1 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.
MSME Payment Delays by Piton Systems Private Limited
Piton Systems Private Limited has 25 MSME Form 1 returns on record between 2017 and 2023, listing 104 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avant Edge Business Consulting Private Limited | •••• | •••• | •••• |
| Baheti & Somani | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 25 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Piton Systems Private Limited
Piton Systems operates one associated brand: Piton Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops software solutions for pharma quality management, medical devices, and engineering compliance needs. | pitonsystems.com |
Employees and EPFO Compliance at Piton Systems Private Limited
Piton Systems Private Limited has a workforce of 15 employees as of Apr 09, 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 Piton Systems Private Limited
Piton Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Sonal Nikhil Dalal was appointed as Director on 01 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Piton Systems 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.
Subsidiaries & Group Companies of Piton Systems 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 Piton Systems Private Limited
Piton Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP8411D1ZI | Maharashtra | Active | 01 Jul 2017 |
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 Piton Systems 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 Piton Systems Private Limited
Piton Systems is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 November 2016 (10+ years old) and is registered under CIN U72900PN2016PTC166998.
Piton Systems reported revenue of ₹1.61 Cr for FY 2025 (down 4% YoY).
Piton Systems has 2 current directors:
- Sonali Advait Karnik - Director
- Sonal Nikhil Dalal - Director
Piton Systems reported a net loss of ₹2.47 Lakh (net margin -1.5%) and EBITDA of ₹3.61 Lakh (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Piton Systems is 29% over three years and 40% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Piton Systems is 27AAICP8411D1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piton Systems is U72900PN2016PTC166998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piton Systems has 1 court case on record: 1 filed against it.
Piton Systems was incorporated on 01 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Piton Systems by revenue are Creware Technologies Private Limited, Globizs Web Solutions Private Limited, Ringcentral India Private Limited, Influidity Solution Private Limited, Simplex IT Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Sonal Nikhil Dalal was appointed as Director on 01 Nov 2016. Sonali Advait Karnik was appointed as Director on 01 Nov 2016.
Yes, Piton Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).