Royce IT Systems India Private Limited
About Royce IT Systems India Private Limited
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Royce IT Systems India Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 23 November 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2013PTC260609. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ashish Kumar and Rakesh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 725 7th Floor Elegance Tower Jasola Vihar, Delhi, India – 110025.
As per the financials filed for FY 2016, the company reported a revenue of ₹60.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6,257 (net margin 0.1%) and EBITDA of ₹49,576 (EBITDA margin 0.8%).
Company details
Contact details
Royce IT Systems India Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address725 7th Floor Elegance Tower Jasola Vihar, Delhi, India – 110025
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Royce IT Systems India 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
Business activity
The main business activity of Royce IT Systems India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Royce IT Systems India Private Limited, buy the company report.
Financials of Royce IT Systems India Private Limited
FY 2017 filings availableRoyce IT Systems India Private Limited reported revenue of ₹60.18 Lakh (up 668% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 668% in the latest year. EBITDA rose 178% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹60.18 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹49,576 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,257 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.8% | |
| Net Profit Margin | 0.1% | |
| 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 Royce IT Systems India Private Limited, buy the company report.
Board of directors of Royce IT Systems India Private Limited
Royce IT Systems India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar | Director | 09 Aug 2014 | 12 Years 2 Months | As last reported |
| Rakesh Kumar | Director | 09 Aug 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Royce IT Systems India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adr Techno Solutions Private Limited | ₹60.31 Lakh (FY 2021) | -31.0% | Chennai, Tamil Nadu, India | |||
| Royce IT Systems India Private Limitedthis company | ₹60.18 Lakh (FY 2016) | ₹6,257 | 0.1% | 668.0% | Delhi, India | |
| Orevia Metal and Steel Private Limited | ₹59.58 Lakh (FY 2024) | 60.0% | Ahmedabad, Gujarat, India | |||
| Iadvance Info Private Limited | ₹59.48 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Royce IT Systems India Private Limited, buy the company report.
Auditor
Royce IT Systems India Private Limited is audited by RAJU S NARAYANAN & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJU S NARAYANAN & ASSOCIATES | FY 2016 | 022592N |
Shareholding
The shareholding of Royce IT Systems India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Royce IT Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Royce IT Systems India 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 Royce IT Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Royce IT Systems India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Royce IT Systems India Private Limited, buy the company report.
Recent activity
Royce IT Systems India Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Ashish Kumar was appointed as Director on 09 Aug 2014.
Frequently asked questions
Royce IT Systems India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Royce IT Systems India was a private limited company based in Delhi, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 23 November 2013 and is registered under CIN U72300DL2013PTC260609. The company has been struck off by the Registrar of Companies and is no longer operational.
Royce IT Systems India had 2 directors:
- Ashish Kumar - Director
- Rakesh Kumar - Director
The CIN (Corporate Identification Number) of Royce IT Systems India is U72300DL2013PTC260609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Royce IT Systems India is at 725 7th Floor Elegance Tower Jasola Vihar, Delhi, India – 110025.
Royce IT Systems India was incorporated on 23 November 2013. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Royce IT Systems India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Royce IT Systems India has 1 GST registration on record and it is cancelled or inactive.
Royce IT Systems India operated in the information technology industry, in the IT products retail and distribution segment. It worked in this industry before it was struck off.
The peers of Royce IT Systems India by revenue are Adr Techno Solutions Private Limited, Orevia Metal and Steel Private Limited, Iadvance Info Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Ashish Kumar was appointed as Director on 09 Aug 2014. Parmod Kumar ceased to be Additional Director on 09 Aug 2014. Rakesh Kumar was appointed as Director on 09 Aug 2014. Royce IT Systems India has 6 board changes on record in total.