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
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
Plustech Systems & Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is plustech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Plustech Systems & Solutions Private Limited, buy the company report.
Comprehensive company report
Plustech Systems & Solutions 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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Secure checkout · GST invoice included
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Plustech Systems & Solutions Private Limited, buy the company report.
Financials of Plustech Systems & Solutions Private Limited
FY 2025 filings availablePlustech 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹29.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.62 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Plustech Systems & Solutions Private Limited, buy the company report.
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 |
Auditor
Plustech Systems & Solutions Private Limited is audited by Satheesh Manmohan and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Satheesh Manmohan and Associates | FY 2023 | 0115267W |
Shareholding
The shareholding of Plustech Systems & Solutions 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 Plustech Systems & Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹61.8 Cr
Satisfied charges
₹9.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100622039 | Others | ₹7.8 Cr | Open | |
| 30 Dec 2021 | 100522954 | Others | ₹32 Cr | Open | |
| 18 Jun 2009 | 10165791 | The South Indian Bank Limited | ₹22 Cr | Open | |
| 04 Mar 2025 | 101069869 | The South Indian Bank Limited | ₹3 Cr | Satisfied | |
| 30 Aug 2024 | 100971662 | The South Indian Bank Limited | ₹7.9 Lakh | Satisfied |
To see the full charge records of Plustech Systems & Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
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 |
To see the full case history of Plustech Systems & Solutions 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.
Credit ratings & regulatory alerts
Plustech Systems & Solutions Private Limited was last rated by Crisil on 02 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Oct 2020 |
To see the full credit ratings and regulatory alerts of Plustech Systems & Solutions Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Plustech Systems & Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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
Employees & EPFO
Plustech Systems & Solutions Private Limited has a workforce of 94 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
94
Active EPFO establishments
1
Employee growth
11.9%
GST
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 |
To see the full GST registrations and return filing status of Plustech Systems & Solutions Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Rajesh Sivasankara Pillai - Managing Director
- Dinesha Adiga - Director
- Ajit Manghat Nair - Director
- Pallickalathu Paramu Prabhakaran - Director
The latest financial statements of Plustech Systems & Solutions 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 2015 are in the company report.
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.
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).
Plustech Systems & Solutions has 5 MSME Form 1 returns on record between 2018 and 2020, listing 28 overdue payments to 24 micro and small suppliers. The latest return was filed on 29 Jun 2020.
Plustech Systems & Solutions can be reached through the website plustech.co.in. Its registered office is in Pune, Maharashtra, India.