About Reliable Software Systems Private Limited
Data last updated:
Reliable Software Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 24 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH1992PTC068252. Its GSTIN is 27AABCR8839C1Z9 (Maharashtra).
The company has an authorised share capital of ₹2.67 Cr and a paid-up capital of ₹2.47 Cr. It is led by directors Kiran Shankar Sagarkar (Managing Director) and Kavita Kiran Sagarkar.
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 404 Morya Classic Off New Link Road Oshiwara Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.14 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹33.09 Lakh (net margin 4.6%) and EBITDA of ₹74.42 Lakh (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: FoxTrader and Reliable Software. As per MCA filings, the company has open charges of ₹1.4 Cr and satisfied charges of ₹3.56 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliable.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address404 Morya Classic Off New Link Road Oshiwara Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryInternet, Online Service Marketplaces
- 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 Reliable Software Systems Private Limited
The main business activity of Reliable Software Systems is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Financials of Reliable Software Systems Private Limited FY 2024 filings available
Reliable Software Systems Private Limited reported revenue of ₹7.14 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Reliable Software Systems Private Limited
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 220% 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 Reliable Software Systems Private Limited
| 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 | ₹74.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.09 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Reliable Software Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 Reliable Software 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.
Peer Comparison of Reliable Software Systems Private Limited
Reliable Software Systems Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cognicor Technologies Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kochi, Kerala, India |
| MSG Advert Private Limited | ₹7.24 Cr (FY 2023) | •••• | •••• | 80.0% | •••• | Noida, Uttar Pradesh, India |
| Publive Mediatech Private Limited | ₹7.23 Cr (FY 2025) | •••• | •••• | 275.0% | •••• | Gurugram, Haryana, India |
| Parksmart Technologies Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | New Delhi, Delhi, India |
| Efan Gold Private Limited | ₹7.21 Cr (FY 2020) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Reliable Software Systems Private Limited this company | ₹7.14 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Eventfaqs Media Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Nextenders (India) Private Limited | ₹7.13 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Mumbai, Maharashtra, India |
| Estartup Business Management Hub Private Limited | ₹7.12 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Noida, Uttar Pradesh, India |
| Bluecoin Iot Solutions Private Limited | ₹7.1 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Pune, Maharashtra, India |
| Travshop Private Limited | ₹7.08 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Reliable Software Systems by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Reliable Software Systems Private Limited
Reliable Software Systems Private Limited is audited by Sameer Jawahrani & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sameer Jawahrani & Co | 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 Reliable Software Systems Private Limited
Reliable Software Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Shankar Sagarkar | Managing Director | 24 Aug 1992 | 34 Years 1 Months | Current |
| Kavita Kiran Sagarkar | Director | 24 Oct 1997 | 28 Years 11 Months | Current |
Ownership and Shareholding of Reliable Software Systems Private Limited
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 Reliable Software Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2023 | Hdfc Bank Limited | ₹1 Cr | Open |
| 18 Sep 2012 | Hdfc Bank Limited | ₹40 Lakh | Open |
| 31 Dec 2011 | Hdb Financial Services Limited | ₹1.25 Cr | Satisfied |
| 30 Mar 2011 | Dhanlaxmi Bank Limited | ₹1.82 Cr | Satisfied |
| 27 Apr 2004 | Bank of India | ₹10 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Reliable Software Systems Private Limited
Reliable Software Systems Private Limited has 5 court cases on record: 5 filed by Reliable Software Systems. 1 case is pending and 4 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against K.M.G. Enterprises | Pending |
| Bombay High Court | Court case (MVXA) | Filed by the company against State of Maharashtra | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against Employees State Insurance Corporation | Disposed |
| Bombay High Court | Appeal | Filed by the company against Employees State Insurance Corporation | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Reliable Software Systems Private Limited
Reliable Software Systems operates two associated brands: FoxTrader and Reliable Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers desktop platforms for technical analysis, strategy backtesting, and trade execution. | foxtrader.in | |
| Technical analysis software is developed for stock market investors. | reliablesoftware.co.in |
Employees and EPFO Compliance at Reliable Software Systems Private Limited
Reliable Software Systems Private Limited has a workforce of 5 employees as of Mar 28, 2024.
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.
Group Structure of Reliable Software Systems Private Limited
Reliable Software Systems has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Recent Activity on Reliable Software Systems Private Limited
Reliable Software Systems Private Limited has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Shankar Koraga Sagarkar ceased to be Director on 09 Mar 2021.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Reliable Software Systems Private Limited
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 Reliable Software Systems Private Limited
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 Reliable Software Systems Private Limited
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.
GST Compliance of Reliable Software Systems Private Limited
Reliable Software Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR8839C1Z9 | Maharashtra | 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.
MCA Filings & Documents of Reliable Software Systems Private Limited
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.
Frequently Asked Questions about Reliable Software Systems Private Limited
Reliable Software Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 24 August 1992 (34+ years old) and is registered under CIN U72300MH1992PTC068252.
Reliable Software Systems reported revenue of ₹7.14 Cr for FY 2025 (up 6% YoY).
Reliable Software Systems has 2 current directors:
- Kiran Shankar Sagarkar - Managing Director
- Kavita Kiran Sagarkar - Director
Reliable Software Systems reported a net profit of ₹33.09 Lakh (net margin 4.6%) and EBITDA of ₹74.42 Lakh (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Reliable Software Systems is -5% over three years and -1% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Reliable Software Systems is 27AABCR8839C1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reliable Software Systems is U72300MH1992PTC068252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Software Systems has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the high courts.
Reliable Software Systems was incorporated on 24 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reliable Software Systems by revenue are Cognicor Technologies Private Limited, MSG Advert Private Limited, Publive Mediatech Private Limited, Parksmart Technologies Private Limited, Efan Gold Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Shankar Koraga Sagarkar ceased to be Director on 09 Mar 2021. Kavita Kiran Sagarkar was appointed as Director on 24 Oct 1997. Kiran Shankar Sagarkar was appointed as Managing Director on 24 Aug 1992.