MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0189966
Qadit Systems and Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.06 Cr
▲ 15% YoY
Net profit · FY 2024
₹3.66 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹7.64 Lakh
EBITDA margin 1.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Satisfied charges
₹6 Lakh
No open charges
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
About Qadit Systems and Solutions Private Limited
Data last updated:
Qadit Systems and Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74220TN2001PTC047647.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Mahesh Balan and Nagarajan Venkatakrishnan.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.06 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.66 Lakh (net margin 0.9%) and EBITDA of ₹7.64 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹6 Lakh on record.
Qadit Systems and Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0189966). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qadit.com.
Company details
CIN U74220TN2001PTC047647
Registration Number 047647
Incorporation Date 27 August 2001
ROC Chennai
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 Micro
Udyam Registration UDYAM-TN-02-0189966
Recognitions & Rankings of Qadit Systems and Solutions
Contact details
Qadit Systems and Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is qadit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No.1 Old No.9, 1st Floor Chamiers 4th Lane, Chennai, Tamil Nadu, India – 600035
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Qadit Systems and Solutions Private Limited, buy the company report.
Comprehensive company report
Qadit Systems and 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
Business activity
The main business activity of Qadit Systems and Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Qadit Systems and Solutions Private Limited, buy the company report.
Financials of Qadit Systems and Solutions Private Limited
FY 2024 filings availableQadit Systems and Solutions Private Limited reported revenue of ₹4.06 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹4.06 Cr ▲ 15%
Net profit · FY 2024
₹3.66 Lakh margin 0.9%
EBITDA · FY 2024
₹7.64 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 16%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 10%
5 years · compounded
▼ 18%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 15% growth in the latest year. EBITDA fell 37% 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 |
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| EBITDA | ₹7.64 Lakh | ||||
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| Net Profit (PAT) | ₹3.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Qadit Systems and Solutions Private Limited, buy the company report.
Board of directors of Qadit Systems and Solutions Private Limited
Qadit Systems and Solutions has 3 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 |
|---|---|---|---|---|
| Mahesh Balan | Director | 27 Aug 2001 | 25 Years 1 Months | Current |
| Nagarajan Venkatakrishnan Also directs: Venkat and Associates LLP | Director | 27 Aug 2001 | 25 Years 1 Months | Current |
| Vijayakumar Venkatesan | Director | 27 Aug 2001 | 25 Years 1 Months | Current |
Auditor
Qadit Systems and Solutions Private Limited is audited by R K R V & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K R V & ASSOCIATES | FY 2021 | 009958S |
Shareholding
The shareholding of Qadit Systems and Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Qadit Systems and Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹6 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2006 | 90325670 | Karur Vysya Bank Ltd. | ₹6 Lakh | Satisfied |
To see the full charge records of Qadit Systems and Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Qadit Systems and Solutions 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 Qadit Systems and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Qadit Systems and Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Qadit Systems and Solutions Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Swameshwar Nagarajan ceased to be Director on 30 Sep 2013.
AGM
Qadit Systems And Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Qadit Systems And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Swameshwar Nagarajan ceased to be Director.
Ceased
Suresh Rangarajan ceased to be Director.
Charges
A charge registered on 29 May 2006 via Charge ID 90325670 with Karur Vysya Bank Ltd. was fully satisfied on 03 Jan 2012.
Charges
A charge with Karur Vysya Bank Ltd. amounted to Rs. 6.00 Lakh with Charge ID 90325670 was registered on 29 May 2006.
Appointed
Mahesh Balan was appointed as Director.
Appointed
Nagarajan Venkatakrishnan was appointed as Director.
Appointed
Vijayakumar Venkatesan was appointed as Director.
Incorporation
27 Aug 2001
Qadit Systems And Solutions Private Limited was registered on 27 Aug 2001 with Roc Chennai & aged 25 years 1 month as per MCA records.
Frequently asked questions
Qadit Systems and Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 August 2001 (25+ years old) and is registered under CIN U74220TN2001PTC047647.
Qadit Systems and Solutions has 3 current directors:
- Mahesh Balan - Director
- Nagarajan Venkatakrishnan - Director
- Vijayakumar Venkatesan - Director
The latest financial statements of Qadit Systems and Solutions 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 CIN (Corporate Identification Number) of Qadit Systems and Solutions is U74220TN2001PTC047647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qadit Systems and Solutions was incorporated on 27 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Swameshwar Nagarajan ceased to be Director on 30 Sep 2013. Suresh Rangarajan ceased to be Director on 31 Mar 2012. Mahesh Balan was appointed as Director on 27 Aug 2001. Qadit Systems and Solutions has 5 board changes on record in total.
Yes, Qadit Systems and Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0189966).
Qadit Systems and Solutions can be reached through the website qadit.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Qadit Systems and Solutions is at New No.1 Old No.9, 1st Floor Chamiers 4th Lane, Chennai, Tamil Nadu, India – 600035.
Qadit Systems and Solutions operates in the information technology industry, in the IT consulting and support services segment.