Transit Security Solutions Private Limited

Transit Security Solutions Private Limited - information technology in Kozhikode, Kerala, India. FY 2026 financials & compliance.
CIN U64200KL2019FTC059276 Incorporated 20 August 2019 ROC Ernakulam HQ Kozhikode, Kerala, India
Active Foreign Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹34.97 Lakh
▼ 60% YoY
Net loss · FY 2025
₹18.38 Lakh
Net margin -52.6%
EBITDA · FY 2025
-₹18.2 Lakh
EBITDA margin -52%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Transit Security Solutions Private Limited

Data last updated:

Transit Security Solutions Private Limited is a foreign private limited company based in Kozhikode, Kerala, India, a subsidiary of Transit Security Solutions Llc. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 20 August 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U64200KL2019FTC059276. Its GSTIN is 32AASCA6371R1ZW (Kerala).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Abaci Transit Security Solutions Privatelimited and Abaci Transit Security Solutions Private Limited. It is led by directors Peedika Makkantavida Muhammad Danish and Kizhakkayil Meethal Chandran.

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 Door No. 1421 2/1149 A71 4th Floor Hilite Business Park G/A College P.O., Kozhikode, Kerala, India – 673014.

As per the financials filed for FY 2025, the company reported a revenue of ₹34.97 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹18.38 Lakh (net margin -52.6%) and EBITDA of -₹18.2 Lakh (EBITDA margin -52%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.

Transit Security Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0034206). For more details, the company can be reached via its website transit-si.com.

Company details

CIN U64200KL2019FTC059276
Registration Number 059276
Incorporation Date 20 August 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Transit Security Solutions Llc
MSME Classification Micro
Udyam Registration UDYAM-KL-08-0034206

Name history

Transit Security Solutions has undergone 2 name changes throughout its history. The company was previously known as Abaci Transit Security Solutions Privatelimited, and Abaci Transit Security Solutions Private Limited. The current legal name is Transit Security Solutions Private Limited.

Company NameStatus
Transit Security Solutions Private LimitedCurrent
Abaci Transit Security Solutions PrivatelimitedPrevious
Abaci Transit Security Solutions Private LimitedPrevious

Recognitions & Rankings of Transit Security Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-08-0034206

Contact details

Transit Security Solutions Private Limited's registered office is in Kozhikode, Kerala. Its website is transit-si.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Door No. 1421 2/1149 A71 4th Floor Hilite Business Park G/A College P.O., Kozhikode, Kerala, India – 673014
  • Industry
    Information Technology, IT Products Retail & Distribution

To see the full contact details of Transit Security Solutions Private Limited, buy the company report.

Comprehensive company report
Transit Security Solutions 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 Transit Security Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Transit Security Solutions Private Limited, buy the company report.

Financials of Transit Security Solutions Private Limited

FY 2024 filings available

Transit Security Solutions Private Limited reported revenue of ₹34.97 Lakh (down 60% YoY) for FY 2025.

Revenue · FY 2025
₹34.97 Lakh ▼ 60%
Net loss · FY 2025
₹18.38 Lakh margin -52.6%
EBITDA · FY 2025
-₹18.2 Lakh margin -52%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▲ 28%
EBITDA CAGR growth
3 years · compounded
▼ 171%
5 years · compounded
▼ 108%

Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹18.2 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18.38 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-52%
Net Profit Margin-52.6%
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

To see the full financial statements and ratios of Transit Security Solutions Private Limited, buy the company report.

Board of directors of Transit Security Solutions Private Limited

Transit Security Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Peedika Makkantavida Muhammad DanishDirector20 Aug 20197 Years 2 MonthsCurrent
Kizhakkayil Meethal ChandranDirector20 Aug 20197 Years 2 MonthsCurrent

Auditor

Transit Security Solutions Private Limited is audited by NAIK KOTRAPPA AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAIK KOTRAPPA AND ASSOCIATESFY 2023006180S

Shareholding

The shareholding of Transit Security Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Transit Security Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Transit Security Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Transit Security Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Transit Security Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AASCA6371R1ZWKeralaActive28 Sep 2019

To see the full GST registrations and return filing status of Transit Security Solutions Private Limited, buy the company report.

Recent activity

Transit Security Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Peedika Makkantavida Muhammad Danish ceased to be Managing Director on 11 Feb 2024.

AGM
Transit Security Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Transit Security Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Peedika Makkantavida Muhammad Danish ceased to be Managing Director.
Appointed
Kizhakkayil Meethal Chandran was appointed as Director.
Appointed
Peedika Makkantavida Muhammad Danish was appointed as Director.
Incorporation
20 Aug 2019
Transit Security Solutions Private Limited was registered on 20 Aug 2019 with Roc Ernakulam & aged 7 years 2 months as per MCA records.

Frequently asked questions

Transit Security Solutions is an active foreign private limited company based in Kozhikode, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 20 August 2019 (7+ years old) and is registered under CIN U64200KL2019FTC059276.

Transit Security Solutions has 2 current directors:

The latest financial statements of Transit Security Solutions 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 FY 2020 are in the company report.

The GSTIN of Transit Security Solutions is 32AASCA6371R1ZW, registered in Kerala.

The CIN (Corporate Identification Number) of Transit Security Solutions is U64200KL2019FTC059276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Transit Security Solutions was incorporated on 20 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.

Peedika Makkantavida Muhammad Danish ceased to be Managing Director on 11 Feb 2024. Kizhakkayil Meethal Chandran was appointed as Director on 20 Aug 2019. Peedika Makkantavida Muhammad Danish was appointed as Director on 20 Aug 2019.

Yes, Transit Security Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0034206).

Transit Security Solutions can be reached through the website transit-si.com. Its registered office is in Kozhikode, Kerala, India.

The registered office of Transit Security Solutions is at Door No. 1421 21149 A71 4th Floor Hilite Business Park GA College P.O., Kozhikode, Kerala, India – 673014.