VFM Systems and Services Private Limited

VFM Systems and Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1996PTC021530 Incorporated 20 December 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹24.23 Cr
▼ 2% YoY
Net profit · FY 2025
₹1.01 Cr
Net margin 4.2%
EBITDA · FY 2025
₹1.62 Cr
EBITDA margin 6.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.36 Cr
Satisfied ₹87.75 Lakh
Company age
30 yrs
Est. 1996
Employees · EPFO
42
Provident fund records

About VFM Systems and Services Private Limited

Data last updated:

VFM Systems and Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 December 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC021530. Its GSTIN is 29AAACV5596P1ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors George Joseph and Kaushik Mukherjee.

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 #2721 1st Floor. New Thippsandra Main Road Next To Post Office Hal 3rd Stage, Bangalore, Karnataka, India – 560075.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.23 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 4.2%) and EBITDA of ₹1.62 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 23% over five years.

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

As per MCA filings, the company has open charges of ₹1.36 Cr and satisfied charges of ₹87.75 Lakh on record.

VFM Systems and Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0022930). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vfmindia.biz.

Company details

CIN U85110KA1996PTC021530
Registration Number 021530
Incorporation Date 20 December 1996
ROC Bangalore
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-KR-03-0022930

Recognitions & Rankings of VFM Systems and Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0022930

Contact details

VFM Systems and Services Private Limited's registered office is in Bangalore, Karnataka. Its website is vfmindia.biz. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    #2721 1st Floor. New Thippsandra Main Road Next To Post Office Hal 3rd Stage, Bangalore, Karnataka, India – 560075
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of VFM Systems and Services Private Limited, buy the company report.

Comprehensive company report
VFM Systems and Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of VFM Systems and Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of VFM Systems and Services Private Limited, buy the company report.

Financials of VFM Systems and Services Private Limited

FY 2024 filings available

VFM Systems and Services Private Limited reported revenue of ₹24.23 Cr (down 2% YoY) for FY 2025.

Revenue · FY 2025
₹24.23 Cr ▼ 2%
Net profit · FY 2025
₹1.01 Cr margin 4.2%
EBITDA · FY 2025
₹1.62 Cr margin 6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 47%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 54%
5 years · compounded
▲ 40%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 95% 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 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₹1.62 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.01 Cr
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 Margin6.7%
Net Profit Margin4.2%
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

To see the full financial statements and ratios of VFM Systems and Services Private Limited, buy the company report.

Board of directors of VFM Systems and Services Private Limited

VFM Systems and Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
George JosephDirector20 Dec 199629 Years 10 MonthsCurrent
Kaushik MukherjeeDirector20 Dec 199629 Years 10 MonthsCurrent

Peer comparison

VFM Systems and Services Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Appstek Information Services Private Limited₹24.43 Cr (FY 2024)-3.0%Hyderabad, Telangana, India
Finsol Consultancy Private Limited₹24.39 Cr (FY 2024)50.0%Tamil Nadu, India
Trizetto Services India Private Limited₹24.28 Cr (FY 2018)-23.0%Chennai, Tamil Nadu, India
VFM Systems and Services Private Limitedthis company₹24.23 Cr (FY 2025)₹1.01 Cr4.2%-2.0%42Bangalore, Karnataka, India
New York Global Consultants Private Limited₹23.99 Cr (FY 2024)54.0%Hyderabad, Telangana, India
Quest Informatics Private Limited₹23.86 Cr (FY 2025)13.0%Bengaluru, Karnataka, India

To see the full peer comparison of VFM Systems and Services Private Limited, buy the company report.

Auditor

VFM Systems and Services Private Limited is audited by P V Menon and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P V Menon and AssociatesFY 2023002066S

Shareholding

The shareholding of VFM Systems and Services 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of VFM Systems and Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.36 Cr
Satisfied charges
₹87.75 Lakh
Breakdown by lending institutions
Others₹1.20 Cr
Bank of India₹0.13 Cr
Hdfc Bank Ltd₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Oct 2023100811521Bank of India₹8.35 LakhOpen
02 Dec 201510606584Others₹1.2 CrOpen
12 Apr 200710067347Hdfc Bank Ltd₹3 LakhOpen
20 Jan 200390198235Bank of India₹5 LakhOpen
29 Mar 2021100437277Hdfc Bank Limited₹60.75 LakhSatisfied

To see the full charge records of VFM Systems and Services Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

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

Employees & EPFO

VFM Systems and Services Private Limited has a workforce of 42 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
42
Active EPFO establishments
1
Employee growth
27.27%

GST

VFM Systems and Services has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACV5596P1ZBKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of VFM Systems and Services Private Limited, buy the company report.

Recent activity

VFM Systems and Services Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: George Joseph was appointed as Director on 20 Dec 1996.

Charges
A charge registered on 29 Mar 2021 via Charge ID 100437277 with Hdfc Bank Limited was fully satisfied on 05 Apr 2025.
Charges
A charge registered on 27 Jun 2019 via Charge ID 100279709 with Others was fully satisfied on 06 Mar 2025.
AGM
Vfm Systems And Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vfm Systems And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Bank Of India amounted to Rs. 8.35 Lakh with Charge ID 100811521 was registered on 16 Oct 2023.
Charges
A charge registered on 30 Jun 2017 via Charge ID 100115563 with Others was fully satisfied on 08 Aug 2022.
Charges
A charge with Others of Rs. 120.00 Lakh registered on 02 Dec 2015 with Charge ID 10606584 was modified on 07 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.75 Lakh with Charge ID 100437277 was registered on 29 Mar 2021.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100279709 was registered on 27 Jun 2019.
Charges
A charge with Others amounted to Rs. 7.50 Lakh with Charge ID 100115563 was registered on 30 Jun 2017.
Charges
A charge registered on 06 Dec 2006 via Charge ID 10048957 with Bank Of India was fully satisfied on 06 Jan 2016.
Charges
A charge registered on 20 Jan 2005 via Charge ID 90198545 with Bank Of India was fully satisfied on 06 Jan 2016.

8 earlier events are in the company report.

Frequently asked questions

VFM Systems and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 December 1996 (30+ years old) and is registered under CIN U85110KA1996PTC021530.

VFM Systems and Services has 2 current directors:

The latest financial statements of VFM Systems and Services 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 VFM Systems and Services is 29AAACV5596P1ZB, registered in Karnataka. 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 VFM Systems and Services is U85110KA1996PTC021530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

VFM Systems and Services was incorporated on 20 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of VFM Systems and Services by revenue are Appstek Information Services Private Limited, Finsol Consultancy Private Limited, Trizetto Services India Private Limited, New York Global Consultants Private Limited, Quest Informatics Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

George Joseph was appointed as Director on 20 Dec 1996. Kaushik Mukherjee was appointed as Director on 20 Dec 1996.

Yes, VFM Systems and Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0022930).

VFM Systems and Services can be reached through the website vfmindia.biz. Its registered office is in Bangalore, Karnataka, India.

The registered office of VFM Systems and Services is at #2721 1st Floor. New Thippsandra Main Road Next To Post Office Hal 3rd Stage, Bangalore, Karnataka, India – 560075.