MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0252348
Sutra Systems India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.06 Cr
▲ 18% YoY
Net profit · FY 2024
₹2.98 Cr
Net margin 29.7%
EBITDA · FY 2024
₹4.29 Cr
EBITDA margin 42.7%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹67.2 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1.43 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
53
Provident fund records
About Sutra Systems India Private Limited
Data last updated:
Sutra Systems India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72250PN1994PTC083673. Its GSTIN is 27AACCS5421N1Z4 (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹67.2 Lakh. It is led by directors including Rajiv Dattatray Nagras (Managing Director) and Deepa Rajiv Nagras (Whole-Time Director).
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 23 Electronic Co – Op Estate Ltd Pune Satara Road, Maharashtra, India – 411009.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.06 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Cr (net margin 29.7%) and EBITDA of ₹4.29 Cr (EBITDA margin 42.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 12% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.43 Cr on record.
Sutra Systems India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0252348). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sutrasys.com.
Company details
CIN U72250PN1994PTC083673
Registration Number 083673
Incorporation Date 12 December 1994
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0252348
CIN history
Sutra Systems India has one previous CIN (Corporate Identification Number): U72250MH1994PTC083673. The current CIN is U72250PN1994PTC083673, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72250PN1994PTC083673 | Current |
| U72250MH1994PTC083673 | Previous |
Key People
Rajiv Dattatray Nagras Managing Director Deepa Rajiv Nagras Whole-Time Director Atul Dattatray Nagras Director Recognitions & Rankings of Sutra Systems India
Contact details
Sutra Systems India Private Limited's registered office is in Pune, Maharashtra. Its website is sutrasys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address23 Electronic Co – Op Estate Ltd Pune Satara Road, Maharashtra, India – 411009
- IndustryInformation Technology, Application Development & Software Solutions, Electronic Components & Equipment Manufacturing
To see the full contact details of Sutra Systems India Private Limited, buy the company report.
Comprehensive company report
Sutra Systems India 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
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Business activity
The main business activity of Sutra Systems India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Sutra Systems India Private Limited, buy the company report.
Financials of Sutra Systems India Private Limited
FY 2024 filings availableSutra Systems India Private Limited reported revenue of ₹10.06 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹10.06 Cr ▲ 18%
Net profit · FY 2024
₹2.98 Cr margin 29.7%
EBITDA · FY 2024
₹4.29 Cr margin 42.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 30%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 64%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 18% growth in the latest year. EBITDA rose 17% 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 |
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| Total Expenses | |||||
| EBITDA | ₹4.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.98 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.7% | ||||
| Net Profit Margin | 29.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Sutra Systems India Private Limited, buy the company report.
Board of directors of Sutra Systems India Private Limited
Sutra Systems India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Rajiv Nagras | Whole-Time Director | 30 Apr 1999 | 27 Years 6 Months | Current |
| Rajiv Dattatray Nagras Also directs: Advanced Process Technology Private Limited | Managing Director | 30 Apr 1999 | 27 Years 6 Months | Current |
| Atul Dattatray Nagras | Director | 31 Mar 2000 | 26 Years 7 Months | Current |
Auditor
Sutra Systems India Private Limited is audited by R. R. Pethe & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. R. Pethe & Co. | FY 2023 | 113183W |
Shareholding
The shareholding of Sutra Systems India 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 Sutra Systems India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹1.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2022 | 100654176 | Bank of India | ₹2 Cr | Open | |
| 27 Feb 2009 | 10151202 | Bank of India | ₹8 Lakh | Satisfied | |
| 27 Feb 2009 | 10151203 | Bank of India Limited | ₹55 Lakh | Satisfied | |
| 12 Apr 2006 | 10006906 | Bank of India Limited | ₹25 Lakh | Satisfied | |
| 18 Nov 2005 | 80048546 | Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Sutra Systems India Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Sutra 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
Sutra Systems India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment 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 Sutra Systems India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sutra Systems India Private Limited has a workforce of 53 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
23.26%
GST
Sutra Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS5421N1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sutra Systems India Private Limited, buy the company report.
Recent activity
Sutra Systems India Private Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Dattatray Anant Nagras ceased to be Director on 30 Aug 2018.
Charges
A charge registered on 18 Nov 2005 via Charge ID 80048546 with Bank Of India was fully satisfied on 22 Oct 2024.
AGM
Sutra Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sutra Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 12 Jan 2000 via Charge ID 90085256 with Janata Sahakari Bank Ltd. was fully satisfied on 26 Dec 2022.
Charges
A charge registered on 09 Sep 1998 via Charge ID 90084892 with Janata Sahakari Bank Ltd. was fully satisfied on 26 Dec 2022.
Charges
A charge with Bank Of India amounted to Rs. 200.00 Lakh with Charge ID 100654176 was registered on 06 Dec 2022.
Ceased
Dattatray Anant Nagras ceased to be Director.
Charges
A charge registered on 12 Apr 2006 via Charge ID 10006906 with Bank Of India Limited was fully satisfied on 23 Jul 2010.
Charges
A charge registered on 27 Feb 2009 via Charge ID 10151202 with Bank Of India was fully satisfied on 24 Oct 2009.
Charges
A charge registered on 27 Feb 2009 via Charge ID 10151203 with Bank Of India Limited was fully satisfied on 24 Oct 2009.
Charges
A charge with Bank Of India amounted to Rs. 8.00 Lakh with Charge ID 10151202 was registered on 27 Feb 2009.
Charges
A charge with Bank Of India Limited amounted to Rs. 55.00 Lakh with Charge ID 10151203 was registered on 27 Feb 2009.
11 earlier events are in the company report.
Frequently asked questions
Sutra Systems India is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 December 1994 (32+ years old) and is registered under CIN U72250PN1994PTC083673.
Sutra Systems India has 3 current directors:
- Rajiv Dattatray Nagras - Managing Director
- Deepa Rajiv Nagras - Whole-Time Director
- Atul Dattatray Nagras - Director
The latest financial statements of Sutra Systems India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sutra Systems India is 27AACCS5421N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sutra Systems India is U72250PN1994PTC083673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sutra Systems India was incorporated on 12 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
Dattatray Anant Nagras ceased to be Director on 30 Aug 2018. Deepa Rajiv Nagras ceased to be Director on 18 Apr 2008. Rajiv Dattatray Nagras ceased to be Director on 18 Apr 2008. Sutra Systems India has 7 board changes on record in total.
Yes, Sutra Systems India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0252348).
Sutra Systems India has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 20 Apr 2021.
Sutra Systems India can be reached through the website sutrasys.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Sutra Systems India is at 23 Electronic Co – Op Estate Ltd Pune Satara Road, Maharashtra, India – 411009.
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