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Tiot Systems Limited - consumer electronics & durables in Bhilai, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.02 Cr
▲ 29% YoY
Net profit · FY 2024
₹31.14 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹82.29 Lakh
EBITDA margin 5.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹39 Lakh
Issued & subscribed
Open charges
₹4.07 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
6
As per MCA filings
About Tiot Systems Limited
Data last updated:
Tiot Systems Limited is a public limited company based in Bhilai, Chhattisgarh, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U31905CT2018PLC008654. Its GSTIN is 22AAGCT8519C1ZJ (Chattisgarh). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39 Lakh. It is led by directors including Anup Kumar Sinha and Manish Kumar Agrawal.
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 House No: – 380 Camp 2 Old Fish Market Baba Colony, Bhilai, Chhattisgarh, India – 490001.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.02 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹31.14 Lakh (net margin 2.2%) and EBITDA of ₹82.29 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 112% over five years.
As per MCA filings, the company has open charges of ₹4.07 Cr on record.
Tiot Systems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-05-0000775). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tiotsystems.com.
Company Details of Tiot Systems Limited
CIN U31905CT2018PLC008654
Registration Number 008654
Incorporation Date 12 July 2018
ROC Chhattisgarh
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-CG-05-0000775
CIN History of Tiot Systems Limited
Tiot Systems has one previous CIN (Corporate Identification Number): U31905CT2018PTC008654. The current CIN is U31905CT2018PLC008654, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31905CT2018PLC008654 | Current |
| U31905CT2018PTC008654 | Previous |
Recognitions & Rankings of Tiot Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-05-0000775
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHouse No: – 380 Camp 2 Old Fish Market Baba Colony, Bhilai, Chhattisgarh, India – 490001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
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Business Activity of Tiot Systems Limited
The main business activity of Tiot Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Tiot Systems Limited FY 2025 filings available
Tiot Systems Limited reported revenue of ₹14.02 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹14.02 Cr ▲ 29%
Net profit · FY 2024
₹31.14 Lakh margin 2.2%
EBITDA · FY 2024
₹82.29 Lakh margin 5.9%
Compounded Annual Growth Rate (CAGR) of Tiot Systems Limited
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 15%
5 years · compounded
▲ 112%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 119%
5 years · compounded
▲ 110%
Revenue has grown at a compounded annual rate (CAGR) of 112% over five years, including 29% growth in the latest year. EBITDA rose 57% 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 Tiot Systems 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 | ₹82.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.14 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Tiot Systems Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Tiot Systems are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Tiot Systems Limited
Tiot Systems has 6 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 |
|---|---|---|---|---|
| Anup Kumar Sinha Also directs: Adikrit Instruments Private Limited, Conic Works Private Limited | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
| Manish Kumar Agrawal Also directs: Adikrit Instruments Private Limited, Conic Works Private Limited | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
| Abhishek Kumar Also directs: Conic Works Private Limited, Naturalms Innovations Private Limited | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
| Rinku Sahu Also directs: Conic Works Private Limited | Director | 05 Feb 2020 | 6 Years 8 Months | Current |
| Vikas Kumar Also directs: Conic Works Private Limited | Director | 05 Feb 2020 | 6 Years 8 Months | Current |
| Amit Kumar Jain Also directs: Adikrit Instruments Private Limited, Conic Works Private Limited | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Tiot Systems Limited
Tiot Systems Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savemax Solar Systems Private Limited | ₹14.24 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Priyaraja Electronics Limited | ₹14.17 Cr (FY 2025) | •••• | •••• | 288.0% | •••• | Bangalore, Karnataka, India |
| P.M.B. Enterprises Private Limited | ₹14.14 Cr (FY 2024) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Feston S.E.V. Private Limited | ₹14.14 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Skyshade Daylights Private Limited | ₹14.04 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Hyderabad, Telangana, India |
| Tiot Systems Limited this company | ₹14.02 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Bhilai, Chhattisgarh, India |
| Green Surfer Private Limited | ₹14.01 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Bhopal, Madhya Pradesh, India |
| Castmaster Mobility India Private Limited | ₹14 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Rayon Illuminations and Energy Solutions Private Limited | ₹13.96 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Aurangabad, Maharashtra, India |
| Unifect Overseas Private Limited | ₹13.96 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Jodhpur, Rajasthan, India |
| Tacklers Engineering Private Limited | ₹13.95 Cr (FY 2025) | •••• | •••• | 3984279.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Tiot Systems by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Tiot Systems Limited
Tiot Systems Limited is audited by HSG & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HSG & Co. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Tiot Systems Limited
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Charges & Borrowings of Tiot Systems Limited
Open charges
₹4.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2022 | Hdfc Bank Limited | ₹7.26 Lakh | Open |
| 29 Aug 2022 | State Bank of India | ₹4 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Tiot Systems Limited
Employment history and EPFO contributions of people linked to Tiot Systems.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Tiot Systems Limited
Tiot Systems Limited has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Rinku Sahu ceased to be Additional Director on 30 Sep 2022.
AGM
Tiot Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 4.00 Cr registered on 29 Aug 2022 with Charge ID 100647472 was modified on 04 Apr 2025.
Filing
Tiot Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100658221 was registered on 04 Oct 2022.
Ceased
Rinku Sahu ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100647472 was registered on 29 Aug 2022.
Appointed
Rinku Sahu was appointed as Director.
Appointed
Vikas Kumar was appointed as Director.
Appointed
Abhishek Kumar was appointed as Director.
Appointed
Amit Kumar Jain was appointed as Director.
Appointed
Anup Kumar Sinha was appointed as Director.
Appointed
Manish Kumar Agrawal was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tiot Systems Limited
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MSME Payment Delays by Tiot Systems Limited
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Subsidiaries & Group Companies of Tiot Systems Limited
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GST Compliance of Tiot Systems Limited
Tiot Systems has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAGCT8519C1ZJ | Chattisgarh | Active | 11 Oct 2018 |
| 37AAGCT8519C1Z8 | Andhra Pradesh | Active | 10 Mar 2023 |
| 21AAGCT8519C1ZL | Odisha | Active | 26 Mar 2023 |
| 29AAGCT8519C1Z5 | Karnataka | Active | 01 Nov 2024 |
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MCA Filings & Documents of Tiot Systems Limited
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Frequently Asked Questions about Tiot Systems Limited
Tiot Systems is an active public limited company based in Bhilai, Chhattisgarh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 July 2018 (8+ years old) and is registered under CIN U31905CT2018PLC008654.
Tiot Systems reported revenue of ₹14.02 Cr for FY 2024 (up 29% YoY).
Tiot Systems has 6 current directors:
- Anup Kumar Sinha - Director
- Manish Kumar Agrawal - Director
- Abhishek Kumar - Director
- Rinku Sahu - Director
- Vikas Kumar - Director
- Amit Kumar Jain - Director
Tiot Systems reported a net profit of ₹31.14 Lakh (net margin 2.2%) and EBITDA of ₹82.29 Lakh (EBITDA margin 5.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tiot Systems is 15% over three years and 112% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tiot Systems is 22AAGCT8519C1ZJ, registered in Chattisgarh. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 37AAGCT8519C1Z8 (Andhra Pradesh), 21AAGCT8519C1ZL (Odisha), 29AAGCT8519C1Z5 (Karnataka).
The CIN (Corporate Identification Number) of Tiot Systems is U31905CT2018PLC008654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiot Systems was incorporated on 12 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Tiot Systems by revenue are Savemax Solar Systems Private Limited, Priyaraja Electronics Limited, P.M.B. Enterprises Private Limited, Feston S.E.V. Private Limited, Skyshade Daylights Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Rinku Sahu ceased to be Additional Director on 30 Sep 2022. Rinku Sahu was appointed as Director on 05 Feb 2020. Vikas Kumar was appointed as Director on 05 Feb 2020. Tiot Systems has 7 board changes on record in total.
Yes, Tiot Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).