Quartet Developers Private Limited.
About Quartet Developers Private Limited.
Data last updated:
Quartet Developers Private Limited. is a private limited company based in Goa, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA1989PTC001002.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajiv Vasant Pilgaonkar and Nandan Vasant Pilgaonkar.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ag1 Campo Verde Caranzalem, Goa, India – 403002.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,163, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹7,588 (net margin -62.4%) and EBITDA of -₹7,588 (EBITDA margin -62.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Quartet Developers Private Limited.'s registered office is in Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAg1 Campo Verde Caranzalem, Goa, India – 403002
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Quartet Developers Private Limited., buy the company report.
- 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
Financials of Quartet Developers Private Limited.
FY 2025 filings availableQuartet Developers Private Limited. reported revenue of ₹12,163 (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 111% 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 |
|---|---|---|---|---|---|
| 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 | -₹7,588 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7,588 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.4% | ||||
| Net Profit Margin | -62.4% | ||||
| 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 Quartet Developers Private Limited., buy the company report.
Board of directors of Quartet Developers Private Limited.
Quartet Developers Private Limited has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Vasant Pilgaonkar | Director | 25 Mar 2001 | 25 Years 7 Months | Current |
| Nandan Vasant Pilgaonkar | Director | 25 Mar 2001 | 25 Years 7 Months | Current |
Peer comparison
Quartet Developers Private Limited. is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Launchship Technology Solutions Private Limited | ₹12,528 (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Vincognis Techcraft Private Limited | ₹12,500 (FY 2019) | Bangalore, Karnataka, India | ||||
| Quartet Developers Private Limited.this company | ₹12,163 (FY 2025) | -₹7,588 | -62.4% | -19.0% | Goa, India | |
| Atrayente Jewels India Private Limited | ₹12,150 (FY 2025) | New Delhi, Delhi, India | ||||
| Enzigma Solutions Private Limited | ₹12,009 (FY 2019) | -89.0% | Pune, Maharashtra, India |
To see the full peer comparison of Quartet Developers Private Limited., buy the company report.
Auditor
Quartet Developers Private Limited. is audited by NAIK GAUNEKAR & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIK GAUNEKAR & COMPANY | FY 2023 | 008097 |
Shareholding
The shareholding of Quartet Developers 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 Quartet Developers Private Limited., buy the company report.
Legal cases
Quartet Developers Private Limited. has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (TXA) | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Quartet Developers 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 Quartet Developers 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 Quartet Developers Private Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Quartet Developers Private Limited. has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Antonio Xavier Gomes Pereira ceased to be Director on 09 Feb 2016.
Frequently asked questions
Quartet Developers Private Limited is an active private limited company based in Goa, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 October 1989 (37+ years old) and is registered under CIN U70101GA1989PTC001002.
Quartet Developers Private Limited has 2 current directors:
- Rajiv Vasant Pilgaonkar - Director
- Nandan Vasant Pilgaonkar - Director
The latest financial statements of Quartet Developers Private Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Quartet Developers Private Limited is U70101GA1989PTC001002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quartet Developers Private Limited has 1 court case on record: 1 filed against it.
Quartet Developers Private Limited was incorporated on 27 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Quartet Developers Private Limited by revenue are Launchship Technology Solutions Private Limited, Vincognis Techcraft Private Limited, Atrayente Jewels India Private Limited, Enzigma Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities).
Antonio Xavier Gomes Pereira ceased to be Director on 09 Feb 2016. Siddharth Suresh Zantye ceased to be Director on 09 Feb 2016. Suresh Narayan Zantye ceased to be Director on 09 Feb 2016. Quartet Developers Private Limited has 5 board changes on record in total.
The registered office of Quartet Developers Private Limited is at Ag1 Campo Verde Caranzalem, Goa, India – 403002.
Quartet Developers Private Limited operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Quartet Developers Private Limited is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
