MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0154458
Vertex Systems Limited - information technology in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.09 Cr
▲ 18% YoY
Net profit · FY 2023
₹12.87 Lakh
Net margin 6.2%
EBITDA · FY 2023
₹20.27 Lakh
EBITDA margin 9.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.08 Cr
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
76
Provident fund records
Directors on board
5
As per MCA filings
About Vertex Systems Limited
Data last updated:
Vertex Systems Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 October 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72100WB1998PLC088174. Its GSTIN is 33AABCV0434B1Z3 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Radhika Poddar (Whole-Time Director) and Vandana Poddar.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 31 B D Bag, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.09 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹12.87 Lakh (net margin 6.2%) and EBITDA of ₹20.27 Lakh (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
Vertex Systems Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0154458). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vertexit.com.
Company details
CIN U72100WB1998PLC088174
Registration Number 088174
Incorporation Date 30 October 1998
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0154458
CIN history
Vertex Systems has one previous CIN (Corporate Identification Number): L72100WB1998PLC088174. The current CIN is U72100WB1998PLC088174, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100WB1998PLC088174 | Current |
| L72100WB1998PLC088174 | Previous |
Recognitions & Rankings of Vertex Systems
Contact details
Vertex Systems Limited's registered office is in Kolkata, West Bengal. Its website is vertexit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address31 B D Bag, Kolkata, West Bengal, India – 700001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vertex Systems Limited, buy the company report.
Comprehensive company report
Vertex Systems 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 Vertex Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Vertex Systems Limited, buy the company report.
Financials of Vertex Systems Limited
FY 2025 filings availableVertex Systems Limited reported revenue of ₹2.09 Cr (up 18% YoY) for FY 2023.
Revenue · FY 2023
₹2.09 Cr ▲ 18%
Net profit · FY 2023
₹12.87 Lakh margin 6.2%
EBITDA · FY 2023
₹20.27 Lakh margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 18% growth in the latest year. EBITDA rose 10% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹20.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.87 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vertex Systems Limited, buy the company report.
Board of directors of Vertex Systems Limited
Vertex Systems has 5 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 |
|---|---|---|---|---|
| Vandana Poddar | Director | 30 Oct 1998 | 28 Years 0 Months | Current |
| Nikhil Poddar | Director | 25 Jun 2007 | 19 Years 4 Months | Current |
| Radhika Poddar | Whole-Time Director | 18 Apr 2022 | 4 Years 6 Months | Current |
| Pavan Kumar Poddar | Director | 30 Oct 1998 | 28 Years 0 Months | Current |
| Govindaswamy Sridharan Also directs: Hope Textiles Ltd, Iris Health Services Limited | Director | 30 Oct 1998 | 28 Years 0 Months | Current |
Peer comparison
Vertex Systems Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NGPR Business Solutions Private Limited | ₹2.1 Cr (FY 2025) | 1.0% | Mohali, Punjab, India | |||
| CDX Labs Private Limited | ₹2.1 Cr (FY 2024) | 14.0% | Pune, Maharashtra, India | |||
| Vertex Systems Limitedthis company | ₹2.09 Cr (FY 2023) | ₹12.87 Lakh | 6.2% | 18.0% | 76 | Kolkata, West Bengal, India |
| Vlinder Labs Private Limited | ₹2.08 Cr (FY 2025) | -44.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vertex Systems Limited, buy the company report.
Auditor
Vertex Systems Limited is audited by CHATURVEDI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & CO | FY 2018 | 302137E |
Shareholding
The shareholding of Vertex Systems Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vertex Systems Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vertex Systems Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vertex Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vertex Systems Limited has a workforce of 76 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
76
Active EPFO establishments
2
Employee growth
4.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 76 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vertex Systems Limited, buy the company report.
GST
Vertex Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV0434B1Z3 | Tamil Nadu | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Vertex Systems Limited, buy the company report.
Recent activity
Vertex Systems Limited has 6 board changes on record since 1998: 5 appointments and 1 cessation. The latest: Radhika Poddar was appointed as Whole-Time Director on 18 Apr 2022.
AGM
Vertex Systems Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Vertex Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Appointed
Radhika Poddar was appointed as Whole-Time Director.
Ceased
Radhika Poddar ceased to be Additional Director.
Appointed
Nikhil Poddar was appointed as Director.
Appointed
Govindaswamy Sridharan was appointed as Director.
Appointed
Pavan Kumar Poddar was appointed as Director.
Appointed
Vandana Poddar was appointed as Director.
Incorporation
30 Oct 1998
Vertex Systems Limited was registered on 30 Oct 1998 with Roc Kolkata I & aged 28 years 12 days as per MCA records.
Frequently asked questions
Vertex Systems is an active public limited company based in Kolkata, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 October 1998 (28+ years old) and is registered under CIN U72100WB1998PLC088174.
Vertex Systems has 5 current directors:
- Radhika Poddar - Whole-Time Director
- Vandana Poddar - Director
- Nikhil Poddar - Director
- Pavan Kumar Poddar - Director
- Govindaswamy Sridharan - Director
The latest financial statements of Vertex Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vertex Systems is 33AABCV0434B1Z3, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vertex Systems is U72100WB1998PLC088174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertex Systems was incorporated on 30 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Vertex Systems by revenue are NGPR Business Solutions Private Limited, CDX Labs Private Limited, Vlinder Labs Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Radhika Poddar was appointed as Whole-Time Director on 18 Apr 2022. Radhika Poddar ceased to be Additional Director on 18 Apr 2022. Nikhil Poddar was appointed as Director on 25 Jun 2007. Vertex Systems has 6 board changes on record in total.
Yes, Vertex Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0154458).
Vertex Systems can be reached through the website vertexit.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Vertex Systems is at 31 B D Bag, Kolkata, West Bengal, India – 700001.
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