System Application and Compliance Point Private Limited
About System Application and Compliance Point Private Limited
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System Application and Compliance Point Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC203958. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors Shilpa Abhay Virkud (Managing Director) and Parth Abhay Virkud.
Its last annual general meeting (AGM) was held on 01 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹30,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹945 (net margin -3.2%) and EBITDA of -₹945 (EBITDA margin -3.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address1101 Orion – 1, Vijay Vilas Anand Nagar Ghodbunder Road, Thane, Maharashtra, India – 400615
- IndustryInformation Technology, IT Consulting & Support Services
- 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 System Application and Compliance Point Private Limited
The main business activity of System Application and Compliance Point 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.
Financials of System Application and Compliance Point Private Limited FY 2024 filings available
System Application and Compliance Point Private Limited reported revenue of ₹30,000 (up 159% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of System Application and Compliance Point Private Limited
Revenue rose 159% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 95% 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 System Application and Compliance Point Private Limited
| 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 | -₹945 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹945 | •••• | •••• | •••• | •••• |
| 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 of System Application and Compliance Point Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 System Application and Compliance Point 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.
Board of Directors of System Application and Compliance Point Private Limited
System Application and Compliance Point has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Abhay Virkud | Director | 09 Jun 2010 | 16 Years 4 Months | Current |
| Shilpa Abhay Virkud | Managing Director | 09 Jun 2010 | 16 Years 4 Months | Current |
Peer Comparison of System Application and Compliance Point Private Limited
System Application and Compliance Point Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| System Application and Compliance Point Private Limited this company | ₹30,000 (FY 2024) | •••• | •••• | 159.0% | •••• | Thane, Maharashtra, India |
| Vispark Solutions India Private Limited | ₹30,000 (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Aadyant Education Private Limited | ₹30,000 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Kapish Infolinks Private Limited | ₹30,000 (FY 2025) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Ask Knowledge Services Private Limited | ₹30,000 (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Virtualx Exhibits & Media Private Limited | ₹30,000 (FY 2020) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| PS Technosystems Private Limited | ₹30,000 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Microspark Software Solutions Private Limited | ₹30,000 (FY 2025) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| MVK Infosolution Private Limited | ₹30,000 (FY 2025) | •••• | •••• | •••• | Meerut, Uttar Pradesh, India | |
| Shiv Cyber Services Private Limited | ₹30,000 (FY 2025) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Sparxsys Solutions Private Limited | ₹30,000 (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below System Application and Compliance Point by revenue in the Information Technology industry (IT Consulting and Services), 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 System Application and Compliance Point Private Limited
System Application and Compliance Point Private Limited is audited by RAHUL KURMI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAHUL KURMI & 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.
Ownership and Shareholding of System Application and Compliance Point 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 System Application and Compliance Point Private Limited
System Application and Compliance Point Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at System Application and Compliance Point Private Limited
Employment history and EPFO contributions of people linked to System Application and Compliance Point.
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.
Recent Activity on System Application and Compliance Point Private Limited
System Application and Compliance Point Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Ritu Dilip Basole ceased to be Director on 07 Jun 2018.
Credit Ratings, Litigation & Regulatory Alerts for System Application and Compliance Point 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 System Application and Compliance Point 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 System Application and Compliance Point 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 System Application and Compliance Point Private Limited
System Application and Compliance Point has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 System Application and Compliance Point 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 System Application and Compliance Point Private Limited
System Application and Compliance Point is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 June 2010 (16+ years old) and is registered under CIN U74990MH2010PTC203958.
System Application and Compliance Point reported revenue of ₹30,000 for FY 2024 (up 159% YoY).
System Application and Compliance Point has 2 current directors:
- Shilpa Abhay Virkud - Managing Director
- Parth Abhay Virkud - Director
System Application and Compliance Point reported a net loss of ₹945 (net margin -3.2%) and EBITDA of -₹945 (EBITDA margin -3.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of System Application and Compliance Point is -36% over five years. In the latest year (FY 2024) revenue rose 159%. CAGR is the steady yearly rate that links the first and the last year.
No. System Application and Compliance Point has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of System Application and Compliance Point is U74990MH2010PTC203958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
System Application and Compliance Point was incorporated on 09 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of System Application and Compliance Point by revenue are Vispark Solutions India Private Limited, Aadyant Education Private Limited, Kapish Infolinks Private Limited, Ask Knowledge Services Private Limited, Virtualx Exhibits & Media Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Ritu Dilip Basole ceased to be Director on 07 Jun 2018. Esha Dilip Basole ceased to be Director on 12 Mar 2011. Parth Abhay Virkud was appointed as Director on 09 Jun 2010. System Application and Compliance Point has 4 board changes on record in total.
The registered office of System Application and Compliance Point is at 1101 Orion – 1, Vijay Vilas Anand Nagar Ghodbunder Road, Thane, Maharashtra, India – 400615.