MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0052455
Turbonet Systems Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.9 Cr
▲ 45% YoY
Net profit · FY 2024
₹1.1 Cr
Net margin 1.9%
EBITDA · FY 2024
₹2.47 Cr
EBITDA margin 4.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹15.78 Cr
Satisfied ₹1.5 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
56
Provident fund records
About Turbonet Systems Private Limited
Data last updated:
Turbonet Systems Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2013PTC242668. Its GSTIN is 27AAECT6135E1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Supriya Sunil Chavan and Arvind Pandurang Chavan.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.9 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 1.9%) and EBITDA of ₹2.47 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 22% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.78 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Turbonet Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0052455). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website turbonet.co.in.
Company details
CIN U72900MH2013PTC242668
Registration Number 242668
Incorporation Date 30 April 2013
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-19-0052455
Key People
Supriya Sunil Chavan Director Arvind Pandurang Chavan Director Sunil Pandurang Chavan Director Recognitions & Rankings of Turbonet Systems
Contact details
Turbonet Systems Private Limited's registered office is in Thane, Maharashtra. Its website is turbonet.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st And 3rd Floor Paras Veer ( Syselec House ), Plot No.D – 7/5 Road No. 33 Wagle Industrial Area, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, IT Infrastructure Management & Services, IT Products Retail & Distribution
To see the full contact details of Turbonet Systems Private Limited, buy the company report.
Comprehensive company report
Turbonet Systems 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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Secure checkout · GST invoice included
Business activity
The main business activities of Turbonet Systems are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Turbonet Systems Private Limited, buy the company report.
Financials of Turbonet Systems Private Limited
FY 2024 filings availableTurbonet Systems Private Limited reported revenue of ₹58.9 Cr (up 45% YoY) for FY 2024.
Revenue · FY 2024
₹58.9 Cr ▲ 45%
Net profit · FY 2024
₹1.1 Cr margin 1.9%
EBITDA · FY 2024
₹2.47 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 44%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 61%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 45% growth in the latest year. EBITDA rose 36% 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 | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.1 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 | 4.2% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Turbonet Systems Private Limited, buy the company report.
Board of directors of Turbonet Systems Private Limited
Turbonet Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supriya Sunil Chavan | Director | 07 Jun 2016 | 10 Years 4 Months | Current |
| Arvind Pandurang Chavan Also directs: Apk System Private Limited | Director | 30 Apr 2013 | 13 Years 5 Months | Current |
| Sunil Pandurang Chavan | Director | 30 Apr 2013 | 13 Years 5 Months | Current |
Peer comparison
Turbonet Systems Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution, Infrastructure Management), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accutech Power Solutions Private Limited | ₹60.19 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Turbonet Systems Private Limitedthis company | ₹58.9 Cr (FY 2024) | ₹1.1 Cr | 1.9% | 45.0% | 56 | Thane, Maharashtra, India |
| Raj Info Enterprise Private Limited | ₹58.8 Cr (FY 2025) | -28.0% | Rajkot, Gujarat, India | |||
| Minda I Connect Private Limited | ₹58.8 Cr (FY 2023) | 78.0% | Delhi, India | |||
| Excellent Informatic Private Limited | ₹58.32 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Turbonet Systems Private Limited, buy the company report.
Auditor
Turbonet Systems Private Limited is audited by D S KHONA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S KHONA & ASSOCIATES | FY 2023 | 147388W |
Shareholding
The shareholding of Turbonet Systems 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 Turbonet Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.78 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2022 | 100555692 | Others | ₹68 Lakh | Open | |
| 30 Jul 2021 | 100465203 | Others | ₹14.85 Cr | Open | |
| 14 Oct 2020 | 100385242 | Others | ₹25.39 Lakh | Open | |
| 19 Mar 2022 | 100556842 | Tata Capital Financial Services Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Turbonet Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Turbonet Systems Private Limited has 4 court cases on record: 1 filed by Turbonet Systems, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M/S. Yashvini Industries Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Manoj J Gosavi Yashvini Industries Pvt Ltd and 3 others | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Turbonet Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Turbonet Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Turbonet Systems Private Limited has a workforce of 56 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
3.7%
GST
Turbonet Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT6135E1ZF | Maharashtra | Active | 01 Jul 2017 |
| 07AAECT6135E1ZH | Delhi | Active | 31 May 2023 |
To see the full GST registrations and return filing status of Turbonet Systems Private Limited, buy the company report.
Recent activity
Turbonet Systems Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Mandar Maruti Pawar ceased to be Director on 03 Aug 2020.
Charges
A charge with Others of Rs. 1,485.00 Lakh registered on 30 Jul 2021 with Charge ID 100465203 was modified on 17 Feb 2025.
AGM
Turbonet Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Turbonet Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 19 Mar 2022 via Charge ID 100556842 with Tata Capital Financial Services Limited was fully satisfied on 11 Jan 2024.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 150.00 Lakh with Charge ID 100556842 was registered on 19 Mar 2022.
Charges
A charge with Others amounted to Rs. 68.00 Lakh with Charge ID 100555692 was registered on 14 Jan 2022.
Charges
A charge with Others amounted to Rs. 1,485.00 Lakh with Charge ID 100465203 was registered on 30 Jul 2021.
Charges
A charge with Others amounted to Rs. 25.39 Lakh with Charge ID 100385242 was registered on 14 Oct 2020.
Ceased
Mandar Maruti Pawar ceased to be Director.
Ceased
Balkrishan Gopal Ladha ceased to be Director.
Appointed
Supriya Sunil Chavan was appointed as Director.
Appointed
Arvind Pandurang Chavan was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Turbonet Systems is an active private limited company based in Thane, Maharashtra, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 30 April 2013 (13+ years old) and is registered under CIN U72900MH2013PTC242668.
Turbonet Systems has 3 current directors:
- Supriya Sunil Chavan - Director
- Arvind Pandurang Chavan - Director
- Sunil Pandurang Chavan - Director
The latest financial statements of Turbonet Systems 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 Turbonet Systems is 27AAECT6135E1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAECT6135E1ZH (Delhi).
The CIN (Corporate Identification Number) of Turbonet Systems is U72900MH2013PTC242668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turbonet Systems has 4 court cases on record: 1 filed by the company and 3 filed against it.
Turbonet Systems was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Turbonet Systems by revenue are Accutech Power Solutions Private Limited, Raj Info Enterprise Private Limited, Minda I Connect Private Limited, Excellent Informatic Private Limited, all in the Information Technology industry (IT Products Retail and Distribution, Infrastructure Management), with the same principal business activity (retail trading).
Mandar Maruti Pawar ceased to be Director on 03 Aug 2020. Balkrishan Gopal Ladha ceased to be Director on 08 Nov 2017. Supriya Sunil Chavan was appointed as Director on 07 Jun 2016. Turbonet Systems has 5 board changes on record in total.
Yes, Turbonet Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0052455).
Turbonet Systems can be reached through the website turbonet.co.in. Its registered office is in Thane, Maharashtra, India.