MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TS-09-0006397
Prince Systems (Hyderabad) Private Limited
Prince Systems (Hyderabad) Private Limited - trading in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.15 Cr
▼ 27% YoY
Net profit · FY 2024
₹16.07 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹3.3 Cr
EBITDA margin 5.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹30.05 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Prince Systems (Hyderabad) Private Limited
Data last updated:
Prince Systems (Hyderabad) Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 22 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25111TG2010PTC071297. Its GSTIN is 36AAFCP9012R1ZU (Telangana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Devang Mayank Sheth and Praveen Mayank Sheth.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. P – 8/8 Road No.5 Industrial Shed Bearing Ida Nacharam, Secunderabad, Telangana, India – 500076.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.15 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹16.07 Lakh (net margin 0.3%) and EBITDA of ₹3.3 Cr (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹30.05 Cr on record. Court records list 21 cases involving the company, including 20 filed by the company and 1 filed against it; 16 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹68 Lakh; the latest was in March 2023. Its 6 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 4 smaller; the largest is Kedia Pipes Private Limited with revenue of ₹60.16 Cr.
Prince Systems (Hyderabad) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0006397). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25111TG2010PTC071297
Registration Number 071297
Incorporation Date 22 November 2010
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-09-0006397
CIN history
Prince Systems (Hyderabad) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25111TG2010PTC071297, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111TG2010PTC071297 | Current |
| U51101AP2010PTC071297 | Previous |
| U51101TG2010PTC071297 | Previous |
Recognitions & Rankings of Prince Systems (Hyderabad)
Contact details
Prince Systems (Hyderabad) Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. P – 8/8 Road No.5 Industrial Shed Bearing Ida Nacharam, Secunderabad, Telangana, India – 500076
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Prince Systems (Hyderabad) Private Limited, buy the company report.
Comprehensive company report
Prince Systems (Hyderabad) 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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Business activity
The main business activity of Prince Systems (Hyderabad) 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 Prince Systems (Hyderabad) Private Limited, buy the company report.
Financials of Prince Systems (Hyderabad) Private Limited
FY 2024 filings availablePrince Systems (Hyderabad) Private Limited reported revenue of ₹59.15 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹59.15 Cr ▼ 27%
Net profit · FY 2024
₹16.07 Lakh margin 0.3%
EBITDA · FY 2024
₹3.3 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 18%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 10%
5 years · compounded
▼ 7%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 27% fall in the latest year. EBITDA fell 35% 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 | ₹3.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.07 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 | 5.6% | ||||
| 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 Prince Systems (Hyderabad) Private Limited, buy the company report.
Board of directors of Prince Systems (Hyderabad) Private Limited
Prince Systems (Hyderabad) has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Mayank Sheth | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Praveen Mayank Sheth | Director | 22 Nov 2010 | 15 Years 11 Months | Current |
| Manisha Mayank Seth | Director | 22 Nov 2010 | 15 Years 11 Months | Current |
Peer comparison
Prince Systems (Hyderabad) Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials 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 |
|---|---|---|---|---|---|---|
| Kedia Pipes Private Limited | ₹60.16 Cr (FY 2025) | 101.0% | Kolkata, West Bengal, India | |||
| Prakratik Samvardhan Private Limited | ₹60.13 Cr (FY 2025) | 195.0% | Loni, Uttar Pradesh, India | |||
| Prince Systems (Hyderabad) Private Limitedthis company | ₹59.15 Cr (FY 2024) | ₹16.07 Lakh | 0.3% | -27.0% | Secunderabad, Telangana, India | |
| Cosmo Durables Private Limited | ₹59.08 Cr (FY 2024) | 16.0% | R R Dt, Telangana, India | |||
| Geeta Aluminium Co Private Limited | ₹58.98 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India | |||
| Ranga Overseas Private Limited | ₹58.91 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India | |||
| Exporters (India) Limited | ₹58.72 Cr (FY 2024) | 1714.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Prince Systems (Hyderabad) Private Limited, buy the company report.
Auditor
Prince Systems (Hyderabad) Private Limited is audited by A K Marda & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K Marda & Associates | FY 2022 | 021768S |
Shareholding
The shareholding of Prince Systems (Hyderabad) 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 Prince Systems (Hyderabad) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2024 | 100941784 | Others | ₹35 Lakh | Open | |
| 30 Aug 2022 | 100610132 | Hdfc Bank Limited | ₹20.25 Lakh | Open | |
| 22 Sep 2021 | 100498518 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 17 Jan 2012 | 10332502 | Hdfc Bank Limited | ₹24.5 Cr | Open |
To see the full charge records of Prince Systems (Hyderabad) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Prince Systems (Hyderabad) Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹68 Lakh; the latest was in March 2023.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹68 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Mayank P Sheth HUF Seller: Praveen Chandra T Sheth HUF |
| Mar 2015 | Funding round | ₹20 Lakh | Investors: Mayank Praveen Chandra Sheth Smaller HUF, Praveen Chandra T Sheth HUF, Mayank P Sheth HUF |
| Jun 2011 | Funding round | ₹48 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prince Systems (Hyderabad) Private Limited has 21 court cases on record: 20 filed by Prince Systems (Hyderabad), 1 filed against it. 16 cases are pending and 5 are disposed.
Total cases
21
Filed by the company
20
Filed against the company
1
Pending
16
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 1 | 15 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against Shanti Devi Om Prakash Choudhary, Proprietor of Rudraksha Traders | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Prince Systems (Hyderabad) 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
No delayed payments to MSME suppliers are on our record for Prince Systems (Hyderabad) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prince Systems (Hyderabad) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCP9012R1ZU | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prince Systems (Hyderabad) Private Limited, buy the company report.
Recent activity
Prince Systems (Hyderabad) Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Devang Mayank Sheth was appointed as Director on 30 Mar 2015.
AGM
Prince Systems (Hyderabad) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100941784 was registered on 23 May 2024.
Filing
Prince Systems (Hyderabad) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited of Rs. 24.50 Cr registered on 17 Jan 2012 with Charge ID 10332502 was modified on 30 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100610132 was registered on 30 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100498518 was registered on 22 Sep 2021.
Appointed
Devang Mayank Sheth was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.50 Cr with Charge ID 10332502 was registered on 17 Jan 2012.
Appointed
Manisha Mayank Seth was appointed as Director.
Appointed
Praveen Mayank Sheth was appointed as Director.
Incorporation
22 Nov 2010
Prince Systems (Hyderabad) Private Limited was registered on 22 Nov 2010 with Roc Hyderabad & aged 15 years 11 months as per MCA records.
Frequently asked questions
Prince Systems (Hyderabad) is an active private limited company based in Secunderabad, Telangana, India. The company works in wholesale, within the trading industry. It was incorporated on 22 November 2010 (16+ years old) and is registered under CIN U25111TG2010PTC071297.
Prince Systems (Hyderabad) has 3 current directors:
- Devang Mayank Sheth - Director
- Praveen Mayank Sheth - Director
- Manisha Mayank Seth - Director
The latest financial statements of Prince Systems (Hyderabad) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prince Systems (Hyderabad) is 36AAFCP9012R1ZU, registered in Telangana.
The CIN (Corporate Identification Number) of Prince Systems (Hyderabad) is U25111TG2010PTC071297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prince Systems (Hyderabad) has 21 court cases on record: 20 filed by the company and 1 filed against it. 16 are pending. Most are in the district courts.
Prince Systems (Hyderabad) was incorporated on 22 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Prince Systems (Hyderabad) has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹68 Lakh; the latest was in March 2023.
The peers of Prince Systems (Hyderabad) by revenue are Kedia Pipes Private Limited, Prakratik Samvardhan Private Limited, Cosmo Durables Private Limited, Geeta Aluminium Co Private Limited, Ranga Overseas Private Limited and 1 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Devang Mayank Sheth was appointed as Director on 30 Mar 2015. Manisha Mayank Seth was appointed as Director on 22 Nov 2010. Praveen Mayank Sheth was appointed as Director on 22 Nov 2010.
Yes, Prince Systems (Hyderabad) is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-09-0006397).
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