About PLR Systems Private Limited
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PLR Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ordefence Systems Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 05 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2013PTC123466. Its GSTIN is 23AASCS6460M1ZP (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.41 Cr. It was formerly known as Punj Lloyd Raksha Systems Private Limited and Spectra Punj Enterprises Private Limited. It is led by directors including Jatinkumar Rameshchandra Jalundhwala and Ashish Rajvanshi.
Its last annual general meeting (AGM) was held on 21 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹251.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.08 Cr (net margin 4.8%) and EBITDA of ₹48.12 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years and 70% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PLR System. As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹250 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (4 rights issues, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹1.6 Cr; the latest was in September 2020. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 251 overdue payments to 40 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plrsystem.in.
Company details
Name history
PLR Systems has undergone 2 name changes throughout its history. The company was previously known as Punj Lloyd Raksha Systems Private Limited, and Spectra Punj Enterprises Private Limited. The current legal name is Plr Systems Private Limited.
| Company Name | Status |
|---|---|
| PLR Systems Private Limited | Current |
| Punj Lloyd Raksha Systems Private Limited | Previous |
| Spectra Punj Enterprises Private Limited | Previous |
CIN history
PLR Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999GJ2013PTC123466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2013PTC123466 | Current |
| U74999DL2013PTC247911 | Previous |
| U74140DL2013PTC247911 | Previous |
Contact details
PLR Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is plrsystem.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of PLR Systems Private Limited, buy the company report.
- 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
Brands
PLR Systems operates one associated brand: PLR System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Arms and ammunition products for the defense sector are supplied. | plrsystem.in |
Business activity
The main business activity of PLR Systems is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of PLR Systems Private Limited, buy the company report.
Financials of PLR Systems Private Limited
FY 2025 filings availablePLR Systems Private Limited reported revenue of ₹251.7 Cr (up 508% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 508% growth 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 |
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| EBITDA | ₹48.12 Cr | ||||
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| Net Profit (PAT) | ₹12.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of PLR Systems Private Limited, buy the company report.
Board of directors of PLR Systems Private Limited
PLR Systems has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| 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 | 16 Sep 2020 | 6 Years 1 Months | Current |
| Ashish Rajvanshi Also directs: PLR Systems (India) Limited, Adani Defence Systems and Technologies Limited, Ordefence Systems Limited and 5 more | Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Shlomo Sabag | Director | 09 Apr 2018 | 8 Years 6 Months | Current |
| Shuki Haim Schwartz | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
| Ashok Wadhawan Also directs: PLR Systems (India) Limited, Ordefence Systems Limited, Astraan Defence Limited and 5 more | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Itzhak Malul | Director | 17 Feb 2025 | 1 Years 8 Months | Current |
Auditor
PLR Systems Private 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 Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PLR Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2025 | 101043884 | State Bank of India | ₹300 Cr | Open | |
| 09 May 2023 | 100724228 | Idbi Bank Limited | ₹250 Cr | Satisfied |
To see the full charge records of PLR Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
PLR Systems Private Limited has 9 deals on record (4 rights issues, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹1.6 Cr; the latest was in September 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Rights issue | ₹2.05 Cr | Investors: Adani Defence Systems and Technologies Limited |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Ordefence Systems Limited , Ordefence Systems Limited & Krutarth Thakkar, Ordefence Systems Limited & Pritesh Shah Seller: Fouraces Systems India Private Limited , Adani Defence Systems and Technologies Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Fouraces Systems India Private Limited Seller: Punj Lloyd Industries Limited , Punj Lloyd Industries Limited & Sameer P. Sashidharan |
| Nov 2018 | Rights issue | ₹2.56 Cr | Investors: Punj Lloyd Industries Limited , Isreal Weapon Industries (IWI) Limited |
| Sep 2017 | Rights issue | ₹2.6 Cr | Investors: Punj Lloyd Industries Limited , Isreal Weapon Industries (IWI) Limited |
To see the full deal history of PLR Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PLR Systems Private Limited has 1 court case on record: 1 filed by PLR Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against Union of India | Disposed |
To see the full case history of PLR Systems Private Limited, buy the company report.
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
PLR Systems Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 251 overdue payments to 40 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 (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Preci Cut Tools | |||
| an individual supplier | |||
| Arora Enterprises | |||
| an individual supplier |
To see the full MSME payment records of PLR Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
PLR Systems Private Limited has a workforce of 70 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
PLR Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AASCS6460M1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PLR Systems Private Limited, buy the company report.
Recent activity
PLR Systems Private Limited has 19 board changes on record since 2015: 6 appointments and 13 cessations. The latest: Itzhak Malul ceased to be Additional Director on 20 Jun 2025.
13 earlier events are in the company report.
News
Frequently asked questions
PLR Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 05 February 2013 (13+ years old) and is registered under CIN U74999GJ2013PTC123466.
PLR Systems has 6 current directors:
- Jatinkumar Rameshchandra Jalundhwala - Director
- Ashish Rajvanshi - Director
- Shlomo Sabag - Director
- Shuki Haim Schwartz - Director
- Ashok Wadhawan - Director
- Itzhak Malul - Director
The latest financial statements of PLR Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PLR Systems is 23AASCS6460M1ZP, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of PLR Systems is U74999GJ2013PTC123466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PLR Systems has 1 court case on record: 1 filed by the company.
PLR Systems was incorporated on 05 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
PLR Systems has 9 deals on record (4 rights issues, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹1.6 Cr; the latest was in September 2020.
Itzhak Malul ceased to be Additional Director on 20 Jun 2025. Itzhak Malul was appointed as Director on 17 Feb 2025. Ashok Wadhawan was appointed as Director on 11 Nov 2021. PLR Systems has 19 board changes on record in total.
PLR Systems has 4 MSME Form 1 returns on record between 2021 and 2023, listing 251 overdue payments to 40 micro and small suppliers. The latest return was filed on 28 Aug 2023.
PLR Systems can be reached through the website plrsystem.in. Its registered office is in Ahmedabad, Gujarat, India.