DPIIT recognised startup Government of India
Startup India
Reliable Control Systems Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹27.42 Cr
▲ 12% YoY
Net profit · FY 2024
₹3.24 Cr
Net margin 11.8%
EBITDA · FY 2024
₹3.33 Cr
EBITDA margin 12.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Reliable Control Systems Private Limited
Data last updated:
Reliable Control Systems Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 29 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC111114. Its GSTIN is 24AAJCR9415Q1ZO (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Cheriben Ketankumar Manvar (Managing Director) and Ketan Chhotalal Manvar.
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 Hanuman Temple Darshanam Oxy Park, Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.42 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 11.8%) and EBITDA of ₹3.33 Cr (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company is associated with 1 brand: Relcon Systems.
Reliable Control Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0017017). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relconsystems.com.
Company details
CIN U72900GJ2019PTC111114
Registration Number 111114
Incorporation Date 29 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0017017
Recognitions & Rankings of Reliable Control Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0017017
Contact details
Reliable Control Systems Private Limited's registered office is in Vadodara, Gujarat. Its website is relconsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 401 4th Floor Urban – 1, Nr. Hanuman Temple Darshanam Oxy Park Bhayli, Vadodara, Gujarat, India – 391410
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Reliable Control Systems Private Limited, buy the company report.
Comprehensive company report
Reliable Control Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Reliable Control Systems operates one associated brand: Relcon Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers embedded IT solutions for Pharma, Oil and Gas, Automotive, Telecom industries. | relconsystems.com |
Business activity
The main business activity of Reliable Control Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Reliable Control Systems Private Limited, buy the company report.
Financials of Reliable Control Systems Private Limited
FY 2025 filings availableReliable Control Systems Private Limited reported revenue of ₹27.42 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹27.42 Cr ▲ 12%
Net profit · FY 2024
₹3.24 Cr margin 11.8%
EBITDA · FY 2024
₹3.33 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 42%
Revenue rose 12% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 30%. EBITDA fell 10% 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 | ₹3.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.24 Cr | ||||
| 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 | 12.2% | ||||
| Net Profit Margin | 11.8% | ||||
| 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 Reliable Control Systems Private Limited, buy the company report.
Board of directors of Reliable Control Systems Private Limited
Reliable Control Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Chhotalal Manvar | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
| Cheriben Ketankumar Manvar Also directs: Flowmetrics Technologies LLP | Managing Director | 29 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Reliable Control Systems Private Limited is audited by Jigar Thakkar & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jigar Thakkar & Company | FY 2022 | 128491W |
Shareholding
The shareholding of Reliable Control Systems Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Reliable Control Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reliable Control Systems 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
Reliable Control Systems Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Reliable Control Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Reliable Control Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCR9415Q1ZO | Gujarat | Active | 02 Jan 2020 |
To see the full GST registrations and return filing status of Reliable Control Systems Private Limited, buy the company report.
Recent activity
Reliable Control Systems Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Cheriben Ketankumar Manvar ceased to be Director on 10 Mar 2021.
AGM
Reliable Control Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Reliable Control Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Cheriben Ketankumar Manvar ceased to be Director.
Appointed
Cheriben Ketankumar Manvar was appointed as Managing Director.
Appointed
Ketan Chhotalal Manvar was appointed as Director.
Incorporation
29 Nov 2019
Reliable Control Systems Private Limited was registered on 29 Nov 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Frequently asked questions
Reliable Control Systems is an active private limited company based in Vadodara, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 29 November 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC111114.
Reliable Control Systems has 2 current directors:
- Cheriben Ketankumar Manvar - Managing Director
- Ketan Chhotalal Manvar - Director
The latest financial statements of Reliable Control Systems 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 FY 2020 are in the company report.
The GSTIN of Reliable Control Systems is 24AAJCR9415Q1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Reliable Control Systems is U72900GJ2019PTC111114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Control Systems was incorporated on 29 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cheriben Ketankumar Manvar ceased to be Director on 10 Mar 2021. Cheriben Ketankumar Manvar was appointed as Managing Director on 29 Nov 2019. Ketan Chhotalal Manvar was appointed as Director on 29 Nov 2019.
Yes, Reliable Control Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Reliable Control Systems is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0017017).
Reliable Control Systems has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Feb 2021.
Reliable Control Systems can be reached through the website relconsystems.com. Its registered office is in Vadodara, Gujarat, India.