MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0076063
Plustech Systems & Solutions Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹313.79 Cr
▲ 16% YoY
Net profit · FY 2025
₹21.62 Cr
Net margin 6.9%
EBITDA · FY 2025
₹29.78 Cr
EBITDA margin 9.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.21 Cr
Issued & subscribed
Open charges
₹61.8 Cr
Satisfied ₹9.68 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
94
Provident fund records
About Plustech Systems & Solutions Private Limited
Data last updated:
Plustech Systems & Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 02 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74210PN2006PTC022119. Its GSTIN is 27AADCP8513B1ZO (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.21 Cr. It was formerly known as Plus Tech Systems and Solutions Private Limited. It is led by directors including Rajesh Sivasankara Pillai (Managing Director) and Dinesha Adiga.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹313.79 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹21.62 Cr (net margin 6.9%) and EBITDA of ₹29.78 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 20% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plustech. As per MCA filings, the company has open charges of ₹61.8 Cr and satisfied charges of ₹9.68 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Plustech Systems & Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0076063). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plustech.co.in.
Company Details of Plustech Systems & Solutions Private Limited
CIN U74210PN2006PTC022119
Registration Number 022119
Incorporation Date 02 March 2006
ROC Pune
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 Medium
Udyam Registration UDYAM-MH-26-0076063
Key People
Rajesh Sivasankara Pillai Managing Director Dinesha Adiga Director Ajit Manghat Nair Director Recognitions & Rankings of Plustech Systems & Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressAntariksh Towers Office Nos. 412 – 418 Building B, 9th Floor Cts No. 391 & 392 Mangalwar Peth Taluka – Haveli, Pune, Maharashtra, India – 411011
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
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Associated Brands with Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions operates one associated brand: Plustech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial finishing and surface finishing plants for automotive and general industries. | plustech.co.in |
Business Activity of Plustech Systems & Solutions Private Limited
The main business activities of Plustech Systems & Solutions are professional, scientific and technical and manufacturing. In detail, this covers other professional, scientific and technical activities and metal and metal products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
| C | Manufacturing | C7 | Metal and metal products | Locked |
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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 Plustech Systems & Solutions Private Limited FY 2025 filings available
Plustech Systems & Solutions Private Limited reported revenue of ₹313.79 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹313.79 Cr ▲ 16%
Net profit · FY 2025
₹21.62 Cr margin 6.9%
EBITDA · FY 2025
₹29.78 Cr margin 9.5%
Compounded Annual Growth Rate (CAGR) of Plustech Systems & Solutions Private Limited
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 80%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 86%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA rose 9% 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 Plustech Systems & Solutions 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 | ₹29.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.62 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 of Plustech Systems & Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.9% | •••• | •••• | •••• | •••• |
| 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 Plustech Systems & Solutions are in the company report.
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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 Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesha Adiga Also directs: Pluscon Systems Private Limited | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
| Ajit Manghat Nair | Director | 07 Nov 2025 | 0 Years 11 Months | Current |
| Rajesh Sivasankara Pillai Also directs: Pluscon Systems Private Limited | Managing Director | 02 Mar 2006 | 20 Years 7 Months | Current |
| Pallickalathu Paramu Prabhakaran | Director | 02 Mar 2006 | 20 Years 7 Months | Current |
Peer Comparison of Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Engineering Procurement and Construction, Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Furnace Fabrica (India) Limited | ₹323.6 Cr (FY 2020) | •••• | •••• | -21.0% | •••• | Ernakulam, Kerala, India |
| Euroteck Environmental Private Limited | ₹322.02 Cr (FY 2024) | •••• | •••• | 216.0% | •••• | Hyderabad, Telangana, India |
| Konark Structural Engineers Private Limited | ₹319.77 Cr (FY 2025) | •••• | •••• | 145.0% | •••• | Mumbai, Maharashtra, India |
| Annai Infra Developers Limited | ₹314.5 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Erode, Tamil Nadu, India |
| Gamut Buildcon Private Limited | ₹313.95 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Delhi, India |
| Plustech Systems & Solutions Private Limited this company | ₹313.79 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Kamlesh Kumar Singh Engineers Private Limited | ₹309.31 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Panipat, Haryana, India |
| Lahoty Buildcon Limited | ₹307.84 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Jorhat, Assam, India |
| Nippon Koei India Private Limited | ₹306.72 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| R.K.Engineers Sales Limited | ₹306.71 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Lucknow, Uttar Pradesh, India |
| Natural Storage Solutions Private Limited | ₹305.51 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Plustech Systems & Solutions by revenue in the Machinery and Equipment industry (Engineering Procurement and Construction, Industrial Products Retail and Distribution), 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 Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions Private Limited is audited by Satheesh Manmohan and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Satheesh Manmohan and Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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- Auditor changes
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Ownership and Shareholding of Plustech Systems & Solutions Private Limited
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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 Plustech Systems & Solutions Private Limited
Open charges
₹61.8 Cr
Satisfied charges
₹9.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2022 | Others | ₹7.8 Cr | Open |
| 30 Dec 2021 | Others | ₹32 Cr | Open |
| 18 Jun 2009 | The South Indian Bank Limited | ₹22 Cr | Open |
| 04 Mar 2025 | The South Indian Bank Limited | ₹3 Cr | Satisfied |
| 30 Aug 2024 | The South Indian Bank Limited | ₹7.9 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions Private Limited has 3 court cases on record: 2 filed by Plustech Systems & Solutions, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by KLT Automotive and Tubular Products Ltd | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against KLT Automotive and Tubular Products Ltd. Through Bhavin Kishorebhai Thakkar and 1 other | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S KLT Automotive and Tubular Products Ltd Cin U34300mh1994pl81463 | Disposed |
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Full case history
All 3 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 Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions Private Limited has 5 MSME Form 1 returns on record between 2018 and 2020, listing 28 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Dhanadayee Sales and Services Pvt Ltd | •••• | •••• | •••• |
| Rubicon Engineers Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 5 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.
Employees and EPFO Compliance at Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions Private Limited has a workforce of 94 employees as of Mar 21, 2024.
Employee count
94
Active EPFO establishments
1
Employee growth
11.9%
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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.
Group Structure of Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Recent Activity on Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions Private Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Ajit Manghat Nair was appointed as Director on 07 Nov 2025.
Appointed
Ajit Manghat Nair was appointed as Director.
AGM
Plustech Systems & Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 04 Mar 2025 via Charge ID 101069869 with The South Indian Bank Limited was fully satisfied on 08 Aug 2025.
Charges
A charge registered on 30 Aug 2024 via Charge ID 100971662 with The South Indian Bank Limited was fully satisfied on 07 Aug 2025.
Charges
A charge with The South Indian Bank Limited of Rs. 22.00 Cr registered on 18 Jun 2009 with Charge ID 10165791 was modified on 06 Aug 2025.
Filing
Plustech Systems & Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 3.00 Cr with Charge ID 101069869 was registered on 04 Mar 2025.
Charges
A charge with Others of Rs. 32.00 Cr registered on 30 Dec 2021 with Charge ID 100522954 was modified on 07 Jan 2025.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100971662 was registered on 30 Aug 2024.
Charges
A charge with Others amounted to Rs. 7.80 Cr with Charge ID 100622039 was registered on 31 Oct 2022.
Charges
A charge registered on 31 May 2019 via Charge ID 100266352 with Yes Bank Limited was fully satisfied on 08 Apr 2022.
Charges
A charge with Others amounted to Rs. 32.00 Cr with Charge ID 100522954 was registered on 30 Dec 2021.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Plustech Systems & Solutions Private Limited
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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
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Subsidiaries & Group Companies of Plustech Systems & Solutions Private Limited
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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
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GST Compliance of Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP8513B1ZO | Maharashtra | Active | 01 Jul 2017 |
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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
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MCA Filings & Documents of Plustech Systems & Solutions Private Limited
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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
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Frequently Asked Questions about Plustech Systems & Solutions Private Limited
Plustech Systems & Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 02 March 2006 (20+ years old) and is registered under CIN U74210PN2006PTC022119.
Plustech Systems & Solutions reported revenue of ₹313.79 Cr for FY 2025 (up 16% YoY).
Plustech Systems & Solutions has 4 current directors:
- Rajesh Sivasankara Pillai - Managing Director
- Dinesha Adiga - Director
- Ajit Manghat Nair - Director
- Pallickalathu Paramu Prabhakaran - Director
Plustech Systems & Solutions reported a net profit of ₹21.62 Cr (net margin 6.9%) and EBITDA of ₹29.78 Cr (EBITDA margin 9.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Plustech Systems & Solutions is 80% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Plustech Systems & Solutions is 27AADCP8513B1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Plustech Systems & Solutions is U74210PN2006PTC022119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plustech Systems & Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Plustech Systems & Solutions was incorporated on 02 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Plustech Systems & Solutions by revenue are Furnace Fabrica (India) Limited, Euroteck Environmental Private Limited, Konark Structural Engineers Private Limited, Annai Infra Developers Limited, Gamut Buildcon Private Limited and 5 more, all in the Machinery and Equipment industry (Engineering Procurement and Construction, Industrial Products Retail and Distribution).
Ajit Manghat Nair was appointed as Director on 07 Nov 2025. Dinesha Adiga ceased to be Whole-Time Director on 01 Apr 2019. Pallickalathu Paramu Prabhakaran ceased to be Whole-Time Director on 01 Apr 2019. Plustech Systems & Solutions has 9 board changes on record in total.
Yes, Plustech Systems & Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0076063).