Ulysses Systems (India) Private Limited

Ulysses Systems (India) Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2004PTC144468 Incorporated 11 February 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.08 Cr
▲ 24% YoY
Net profit · FY 2024
₹15.61 Lakh
Net margin 3.8%
EBITDA · FY 2024
₹32.02 Lakh
EBITDA margin 7.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Employees · EPFO
42
Provident fund records
Directors on board
4
As per MCA filings

About Ulysses Systems (India) Private Limited

Data last updated:

Ulysses Systems (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 February 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2004PTC144468. Its GSTIN is 27AAACU6789R1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Georgios Spyrou and Panteleimon Pantelis.

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 227 – 228 Chintamani Plaza Andheri Kurla Road, Mumbai, Maharashtra, India – 400099.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.08 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹15.61 Lakh (net margin 3.8%) and EBITDA of ₹32.02 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.

The company has about 42 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ulysses Systems.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ulysses-systems.com.

Company details

CIN U72200MH2004PTC144468
Registration Number 144468
Incorporation Date 11 February 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant

Contact details

Ulysses Systems (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is ulysses-systems.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    227 – 228 Chintamani Plaza Andheri Kurla Road, Mumbai, Maharashtra, India – 400099
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Ulysses Systems (India) Private Limited, buy the company report.

Comprehensive company report
Ulysses 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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Brands

Ulysses Systems (India) operates one associated brand: Ulysses Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Ship management software solutions are provided for the maritime industry.ulysses-systems.com

Business activity

The main business activity of Ulysses Systems (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Ulysses Systems (India) Private Limited, buy the company report.

Financials of Ulysses Systems (India) Private Limited

FY 2025 filings available

Ulysses Systems (India) Private Limited reported revenue of ₹4.08 Cr (up 24% YoY) for FY 2024.

Revenue · FY 2024
₹4.08 Cr ▲ 24%
Net profit · FY 2024
₹15.61 Lakh margin 3.8%
EBITDA · FY 2024
₹32.02 Lakh margin 7.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 7%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 6%
5 years · compounded
▼ 3%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 24% growth in the latest year. EBITDA rose 11% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹32.02 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.61 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.9%
Net Profit Margin3.8%
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 Ulysses Systems (India) Private Limited, buy the company report.

Board of directors of Ulysses Systems (India) Private Limited

Ulysses Systems (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Georgios SpyrouDirector21 Jul 200422 Years 3 MonthsCurrent
Panteleimon PantelisDirector11 Feb 200422 Years 8 MonthsCurrent
Ariadne ThalassiDirector11 Feb 200422 Years 8 MonthsCurrent
Abhijit Prabhudesai GajananAdditional Director06 Jun 20188 Years 4 MonthsCurrent

Auditor

Ulysses Systems (India) Private Limited is audited by TODARWAL & TODARWAL LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
TODARWAL & TODARWAL LLPFY 2022111009W/W100231

Shareholding

The shareholding of Ulysses Systems (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ulysses Systems (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ulysses Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ulysses Systems (India) Private Limited has a workforce of 42 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
42
Active EPFO establishments
1
Employee growth
44.83%

GST

Ulysses Systems (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACU6789R1Z7MaharashtraActive01 Jul 2017
27AAAFT6047N1ZRMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Ulysses Systems (India) Private Limited, buy the company report.

Recent activity

Ulysses Systems (India) Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Prashant Sharma ceased to be Additional Director on 17 Jan 2019.

AGM
Ulysses Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ulysses Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Prashant Sharma ceased to be Additional Director.
Appointed
Abhijit Prabhudesai Gajanan was appointed as Additional Director.
Ceased
Balasubramanian ceased to be Director.
Ceased
Steven Paul Dsouza ceased to be Director.
Ceased
Nekzan Noshier Wadia ceased to be Alternate Director.
Appointed
Georgios Spyrou was appointed as Director.
Appointed
Ariadne Thalassi was appointed as Director.
Appointed
Panteleimon Pantelis was appointed as Director.
Incorporation
11 Feb 2004
Ulysses Systems (India) Private Limited was registered on 11 Feb 2004 with Roc Mumbai I & aged 22 years 8 months as per MCA records.

Frequently asked questions

Ulysses Systems (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 February 2004 (22+ years old) and is registered under CIN U72200MH2004PTC144468.

Ulysses Systems (India) has 4 current directors:

The latest financial statements of Ulysses Systems (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ulysses Systems (India) is 27AAACU6789R1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAAFT6047N1ZR (Maharashtra).

The CIN (Corporate Identification Number) of Ulysses Systems (India) is U72200MH2004PTC144468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ulysses Systems (India) was incorporated on 11 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Prashant Sharma ceased to be Additional Director on 17 Jan 2019. Abhijit Prabhudesai Gajanan was appointed as Additional Director on 06 Jun 2018. Balasubramanian ceased to be Director on 01 May 2018. Ulysses Systems (India) has 8 board changes on record in total.

Ulysses Systems (India) can be reached through the website ulysses-systems.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Ulysses Systems (India) is at 227 – 228 Chintamani Plaza Andheri Kurla Road, Mumbai, Maharashtra, India – 400099.

Ulysses Systems (India) operates in the information technology industry, in the application development and software solutions segment.