MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0199628
PLR Systems (India) Limited - aerospace, maritime and defense in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹90.64 Cr
▲ 187% YoY
Net loss · FY 2026
₹23.53 Cr
Net margin -26%
EBITDA · FY 2026
₹36.06 Cr
EBITDA margin 39.8%
Authorised capital
₹75 Cr
Registered with MCA
Paid-up capital
₹71.5 Cr
Issued & subscribed
Open charges
₹652.5 Cr
Satisfied ₹457.5 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
46
Provident fund records
About PLR Systems (India) Limited
Data last updated:
PLR Systems (India) Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ordefence Systems Limited. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 21 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2021PLC125033. Its GSTIN is 36AAMCP2311G1ZM (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹71.5 Cr. It is led by directors including Jatinkumar Rameshchandra Jalundhwala and Ashish Rajvanshi.
Its last annual general meeting (AGM) was held on 23 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Adani Corporate House Shantigram Near Vaishnodevi Circle Sg Highway Khodiyar, Ahmedabad, Gujarat, India – 382421.
As per the financials filed for FY 2026, the company reported a revenue of ₹90.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.53 Cr (net margin -26%) and EBITDA of ₹36.06 Cr (EBITDA margin 39.8%).
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹652.5 Cr and satisfied charges of ₹457.5 Cr on record.
PLR Systems (India) Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0199628). For more details, the company can be reached via its website adani.com.
Company details
CIN U29309GJ2021PLC125033
Registration Number 125033
Incorporation Date 21 August 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 June 2026
Date of Balance Sheet 31 March 2026
Parent Company Ordefence Systems Limited
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0199628
Key People
Jatinkumar Rameshchandra Jalundhwala Director Ashish Rajvanshi Director Sachin Goel Additional Director Recognitions & Rankings of PLR Systems (India)
Contact details
PLR Systems (India) Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAdani Corporate House Shantigram Near Vaishnodevi Circle Sg Highway Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of PLR Systems (India) Limited, buy the company report.
Comprehensive company report
PLR Systems (India) 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 PLR Systems (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of PLR Systems (India) Limited, buy the company report.
Financials of PLR Systems (India) Limited
FY 2026 filings availablePLR Systems (India) Limited reported revenue of ₹90.64 Cr (up 187% YoY) for FY 2026.
Revenue · FY 2026
₹90.64 Cr ▲ 187%
Net loss · FY 2026
₹23.53 Cr margin -26%
EBITDA · FY 2026
₹36.06 Cr margin 39.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 187%
EBITDA CAGR growth
1 year
▲ 454%
3 years · compounded
▲ 341%
Revenue rose 187% in the latest year. EBITDA rose 454% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹36.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.53 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.8% | ||||
| Net Profit Margin | -26% | ||||
| 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 | |||||
To see the full financial statements and ratios of PLR Systems (India) Limited, buy the company report.
Board of directors of PLR Systems (India) Limited
PLR Systems (India) has 3 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 |
|---|---|---|---|---|
| Jatinkumar Rameshchandra Jalundhwala Also directs: Adani Commodities LLP, Adani Energy Solutions Step-Twelve Limited, Buildcast Solutions Private Limited and 5 more | Director | 21 Aug 2021 | 5 Years 2 Months | Current |
| Ashish Rajvanshi Also directs: Adani Defence Systems and Technologies Limited, PLR Systems Private Limited, Ordefence Systems Limited and 5 more | Director | 21 Aug 2021 | 5 Years 2 Months | Current |
| Sachin Goel Also directs: PLR Systems Private Limited, Ordefence Systems Limited | Additional Director | 27 Jul 2026 | 0 Years 3 Months | Current |
Auditor
PLR Systems (India) Limited is audited by Srivastava Kumar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Srivastava Kumar & Co. | FY 2023 | 011204N |
Shareholding
The shareholding of PLR Systems (India) Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of PLR Systems (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹652.5 Cr
Satisfied charges
₹457.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2026 | 101235541 | Others | ₹315 Cr | Open | |
| 05 Dec 2025 | 101206888 | Others | ₹187.5 Cr | Open | |
| 05 Dec 2025 | 101206885 | Others | ₹150 Cr | Open | |
| 07 Jan 2025 | 101027242 | Others | ₹135 Cr | Satisfied | |
| 27 Aug 2024 | 100967301 | Others | ₹135 Cr | Satisfied |
To see the full charge records of PLR Systems (India) Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving PLR Systems (India) 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
PLR Systems (India) Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Technowire Data Science Limited |
To see the full MSME payment records of PLR Systems (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
PLR Systems (India) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCP2311G1ZM | Telangana | Active | 29 Aug 2021 |
| 09AAMCP2311G1ZJ | Uttar Pradesh | Active | 06 Sep 2022 |
To see the full GST registrations and return filing status of PLR Systems (India) Limited, buy the company report.
Recent activity
PLR Systems (India) Limited has 3 board changes on record since 2021: 3 appointments. The latest: Sachin Goel was appointed as Additional Director on 27 Jul 2026.
Appointed
Sachin Goel was appointed as Additional Director.
Charges
A charge with Others of Rs. 315.00 Cr registered on 31 Jan 2026 with Charge ID 101235541 was modified on 07 Jul 2026.
Charges
A charge with Others of Rs. 187.50 Cr registered on 05 Dec 2025 with Charge ID 101206888 was modified on 07 Jul 2026.
Charges
A charge with Others of Rs. 150.00 Cr registered on 05 Dec 2025 with Charge ID 101206885 was modified on 07 Jul 2026.
AGM
Plr Systems (India) Limited last Annual general meeting of members was held on 23 Jun 2026 as per latest MCA records.
Filing
Plr Systems (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 07 Jan 2025 via Charge ID 101027242 with Others was fully satisfied on 06 Mar 2026.
Charges
A charge registered on 27 Aug 2024 via Charge ID 100967301 with Others was fully satisfied on 06 Mar 2026.
Charges
A charge with Others amounted to Rs. 315.00 Cr with Charge ID 101235541 was registered on 31 Jan 2026.
Charges
A charge registered on 13 May 2022 via Charge ID 100578213 with Others was fully satisfied on 06 Jan 2026.
Charges
A charge with Others amounted to Rs. 187.50 Cr with Charge ID 101206888 was registered on 05 Dec 2025.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101206885 was registered on 05 Dec 2025.
7 earlier events are in the company report.
Frequently asked questions
PLR Systems (India) is an active public limited company based in Ahmedabad, Gujarat, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 21 August 2021 (5+ years old) and is registered under CIN U29309GJ2021PLC125033.
PLR Systems (India) has 3 current directors:
- Jatinkumar Rameshchandra Jalundhwala - Director
- Ashish Rajvanshi - Director
- Sachin Goel - Additional Director
The latest financial statements of PLR Systems (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 June 2026. Year-wise statements from FY 2022 are in the company report.
The GSTIN of PLR Systems (India) is 36AAMCP2311G1ZM, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAMCP2311G1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of PLR Systems (India) is U29309GJ2021PLC125033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PLR Systems (India) was incorporated on 21 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sachin Goel was appointed as Additional Director on 27 Jul 2026. Ashish Rajvanshi was appointed as Director on 21 Aug 2021. Jatinkumar Rameshchandra Jalundhwala was appointed as Director on 21 Aug 2021.
Yes, PLR Systems (India) is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0199628).
PLR Systems (India) has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
PLR Systems (India) can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of PLR Systems (India) is at Adani Corporate House Shantigram Near Vaishnodevi Circle Sg Highway Khodiyar, Ahmedabad, Gujarat, India – 382421.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages