About Quest Systems Pvt Ltd
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Quest Systems Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74210GJ1981PTC004201. Its GSTIN is 24AAACQ0376J1ZI (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹53.3 Lakh. It is led by directors including Geetha Muthuswamy and Bipinkumar Vasantrao Chemburkar.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.92 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹10.53 Lakh (net margin -177.9%) and EBITDA of -₹10.27 Lakh (EBITDA margin -173.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹29 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thequestway.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 14 3rd Floor Saraswati Complex Opp. Manjalpur Atithi Gruh GIDC Road M, Anjalpur, Vadodara, Gujarat, India – 390011
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Quest Systems Pvt Ltd
The main business activity of Quest Systems is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
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.
Auditor Details of Quest Systems Pvt Ltd
Quest Systems Pvt Ltd is audited by PARIKH SHAH CHOTALIA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARIKH SHAH CHOTALIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Quest Systems Pvt Ltd
Quest Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetha Muthuswamy | Director | 19 Mar 1981 | 45 Years 6 Months | Current |
| Bipinkumar Vasantrao Chemburkar Also directs: JSL Industries Limited, Capiq Engineering Pvt Ltd | Director | 04 Mar 2019 | 7 Years 7 Months | Current |
| Narayana Muthuswamy | Director | 01 Apr 2000 | 26 Years 6 Months | Current |
Financials of Quest Systems Pvt Ltd FY 2025 filings available
Quest Systems Pvt Ltd reported revenue of ₹5.92 Lakh (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quest Systems Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 79% fall in the latest year. EBITDA fell 219% 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 Quest Systems Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.53 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Quest Systems Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -173.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -177.9% | •••• | •••• | •••• | •••• |
| 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 Quest Systems are in the company report.
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.
Ownership and Shareholding of Quest Systems Pvt Ltd
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 Quest Systems Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2014 | Cent Bank Home Finance Ltd. | ₹29 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Quest Systems Pvt Ltd
Employment history and EPFO contributions of people linked to Quest Systems.
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.
GST Compliance of Quest Systems Pvt Ltd
Quest Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ0376J1ZI | Gujarat | Active | 01 Jul 2017 |
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
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Quest Systems Pvt Ltd
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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Quest Systems Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Quest Systems Pvt Ltd
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Quest Systems Pvt Ltd
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
Verified entity values are shown only after access is granted.
Recent Activity on Quest Systems Pvt Ltd
Frequently Asked Questions about Quest Systems Pvt Ltd
Quest Systems is an active private limited company based in Vadodara, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 March 1981 (45+ years old) and is registered under CIN U74210GJ1981PTC004201.
Quest Systems reported revenue of ₹5.92 Lakh for FY 2025 (down 79% YoY).
Quest Systems has 3 current directors:
- Geetha Muthuswamy - Director
- Bipinkumar Vasantrao Chemburkar - Director
- Narayana Muthuswamy - Director
Quest Systems reported a net loss of ₹10.53 Lakh (net margin -177.9%) and EBITDA of -₹10.27 Lakh (EBITDA margin -173.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quest Systems is -36% over three years and -33% over five years. In the latest year (FY 2025) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quest Systems is 24AAACQ0376J1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Quest Systems is U74210GJ1981PTC004201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quest Systems was incorporated on 19 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Quest Systems can be reached through the website thequestway.in. Its registered office is in Vadodara, Gujarat, India.