MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0077710
Plus Business Infotech Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.33 Cr
▼ 6% YoY
Net profit · FY 2024
₹2.23 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹26.46 Lakh
EBITDA margin 3.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.95 Lakh
Issued & subscribed
Satisfied charges
₹7.25 Cr
No open charges
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Plus Business Infotech Private Limited
Data last updated:
Plus Business Infotech Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 15 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC271041. Its GSTIN is 27AAICP4014A1ZX (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.95 Lakh. It is led by directors Rajesh Kesarinath Pitale and Nilesh Kesarinath Pitale.
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 Plot No 206 Janki Niwas Dr Moose Road Nr Gadkari Rangaytan, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.33 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Lakh (net margin 0.3%) and EBITDA of ₹26.46 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 331% over three years and 21% over five years.
The company is associated with 1 brand: Plus Business Infotech. As per MCA filings, the company has satisfied charges of ₹7.25 Cr on record.
Plus Business Infotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0077710). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plusbusiness.in.
Company details
CIN U72300MH2015PTC271041
Registration Number 271041
Incorporation Date 15 December 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0077710
Recognitions & Rankings of Plus Business Infotech
Contact details
Plus Business Infotech Private Limited's registered office is in Thane, Maharashtra. Its website is plusbusiness.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No 206 Janki Niwas Dr Moose Road Nr Gadkari Rangaytan, Thane, Maharashtra, India – 400602
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Plus Business Infotech Private Limited, buy the company report.
Comprehensive company report
Plus Business Infotech Private 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
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Brands
Plus Business Infotech operates one associated brand: Plus Business Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plus Business Infotech delivers a full range of IT services to enhance daily business operations. | plusbusiness.in |
Business activity
The main business activity of Plus Business Infotech 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 Plus Business Infotech Private Limited, buy the company report.
Financials of Plus Business Infotech Private Limited
FY 2025 filings availablePlus Business Infotech Private Limited reported revenue of ₹8.33 Cr (down 6% YoY) for FY 2024.
Revenue · FY 2024
₹8.33 Cr ▼ 6%
Net profit · FY 2024
₹2.23 Lakh margin 0.3%
EBITDA · FY 2024
₹26.46 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 331%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 407%
5 years · compounded
▼ 26%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 6% fall in the latest year. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹26.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.23 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Plus Business Infotech Private Limited, buy the company report.
Board of directors of Plus Business Infotech Private Limited
Plus Business Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kesarinath Pitale | Director | 15 Dec 2015 | 10 Years 10 Months | Current |
| Nilesh Kesarinath Pitale | Director | 15 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Plus Business Infotech Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boxpush India Private Limited | ₹8.4 Cr (FY 2024) | 110.0% | Kochi, Kerala, India | |||
| Plus Business Infotech Private Limitedthis company | ₹8.33 Cr (FY 2024) | ₹2.23 Lakh | 0.3% | -6.0% | Thane, Maharashtra, India | |
| Fenix Computech Private Limited | ₹8.25 Cr (FY 2025) | -25.0% | Rajkot, Gujarat, India | |||
| Ashvi Building Technologies Private Limited | ₹8.25 Cr (FY 2025) | 67.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Plus Business Infotech Private Limited, buy the company report.
Auditor
Plus Business Infotech Private Limited is audited by SALUNKE JAYAWANT & PHADKE for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SALUNKE JAYAWANT & PHADKE | FY 2021 | 122234W |
Shareholding
The shareholding of Plus Business Infotech Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Plus Business Infotech Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2017 | 100145188 | Others | ₹5 Cr | Satisfied | |
| 28 Apr 2016 | 100027697 | Others | ₹2.25 Cr | Satisfied |
To see the full charge records of Plus Business Infotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Plus Business Infotech Private 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
No delayed payments to MSME suppliers are on our record for Plus Business Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Plus Business Infotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP4014A1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plus Business Infotech Private Limited, buy the company report.
Recent activity
Plus Business Infotech Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Kesarinath Dwarkanath Pitale ceased to be Director on 01 Jun 2022.
AGM
Plus Business Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Plus Business Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 31 Aug 2017 via Charge ID 100145188 with Others was fully satisfied on 30 Jun 2023.
Ceased
Kesarinath Dwarkanath Pitale ceased to be Director.
Ceased
Sarika Nilesh Pitale ceased to be Director.
Charges
A charge registered on 28 Apr 2016 via Charge ID 100027697 with Others was fully satisfied on 07 Sep 2017.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100145188 was registered on 31 Aug 2017.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 100027697 was registered on 28 Apr 2016.
Appointed
Nilesh Kesarinath Pitale was appointed as Director.
Appointed
Rajesh Kesarinath Pitale was appointed as Director.
Incorporation
15 Dec 2015
Plus Business Infotech Private Limited was registered on 15 Dec 2015 with Roc Mumbai & aged 10 years 10 months as per MCA records.
Frequently asked questions
Plus Business Infotech is an active private limited company based in Thane, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 15 December 2015 (11+ years old) and is registered under CIN U72300MH2015PTC271041.
Plus Business Infotech has 2 current directors:
- Rajesh Kesarinath Pitale - Director
- Nilesh Kesarinath Pitale - Director
The latest financial statements of Plus Business Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Plus Business Infotech is 27AAICP4014A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Plus Business Infotech is U72300MH2015PTC271041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plus Business Infotech was incorporated on 15 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Plus Business Infotech by revenue are Boxpush India Private Limited, Fenix Computech Private Limited, Ashvi Building Technologies Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Kesarinath Dwarkanath Pitale ceased to be Director on 01 Jun 2022. Sarika Nilesh Pitale ceased to be Director on 01 Jun 2022. Nilesh Kesarinath Pitale was appointed as Director on 15 Dec 2015. Plus Business Infotech has 4 board changes on record in total.
Yes, Plus Business Infotech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0077710).
Plus Business Infotech can be reached through the website plusbusiness.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Plus Business Infotech is at Plot No 206 Janki Niwas Dr Moose Road Nr Gadkari Rangaytan, Thane, Maharashtra, India – 400602.
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