- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0022930

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
Recognitions & Rankings of VFM Systems and Services
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
- Website
- Registered Address#2721 1st Floor. New Thippsandra Main Road Next To Post Office Hal 3rd Stage, Bangalore, Karnataka, India – 560075
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of VFM Systems and Services Private Limited, buy the company report.
- 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 availableVFM Systems and Services Private Limited reported revenue of ₹24.23 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.62 Cr | ||||
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| Net Profit (PAT) | ₹1.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 4.2% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Joseph | Director | 20 Dec 1996 | 29 Years 10 Months | Current |
| Kaushik Mukherjee | Director | 20 Dec 1996 | 29 Years 10 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 4.2% | -2.0% | 42 | Bangalore, 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 firm | Financial year | Firm registration number |
|---|---|---|
| P V Menon and Associates | FY 2023 | 002066S |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of VFM Systems and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2023 | 100811521 | Bank of India | ₹8.35 Lakh | Open | |
| 02 Dec 2015 | 10606584 | Others | ₹1.2 Cr | Open | |
| 12 Apr 2007 | 10067347 | Hdfc Bank Ltd | ₹3 Lakh | Open | |
| 20 Jan 2003 | 90198235 | Bank of India | ₹5 Lakh | Open | |
| 29 Mar 2021 | 100437277 | Hdfc Bank Limited | ₹60.75 Lakh | Satisfied |
To see the full charge records of VFM Systems and Services Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving VFM Systems and Services Private 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 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.
GST
VFM Systems and Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACV5596P1ZB | Karnataka | Active | 01 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.
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:
- George Joseph - Director
- Kaushik Mukherjee - Director
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.

