MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0262754
Vsquare Systems Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.68 Cr
▲ 29% YoY
Net profit · FY 2025
₹1.08 Cr
Net margin 9.3%
EBITDA · FY 2025
₹1.51 Cr
EBITDA margin 12.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
24
Provident fund records
About Vsquare Systems Private Limited
Data last updated:
Vsquare Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 22 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2014PTC152271. Its GSTIN is 27AAECV8961E1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Vijayrao Deshmukh and Koustubh Kiran Godbole.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.68 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Cr (net margin 9.3%) and EBITDA of ₹1.51 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vsquare System. As per MCA filings, the company has open charges of ₹1 Cr on record.
Vsquare Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0262754). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vsquaresystem.com.
Company details
CIN U72200PN2014PTC152271
Registration Number 152271
Incorporation Date 22 August 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0262754
Recognitions & Rankings of Vsquare Systems
Contact details
Vsquare Systems Private Limited's registered office is in Pune, Maharashtra. Its website is vsquaresystem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 608 6th Floor, Nandan Probiz Baner, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions, IT Consulting & Support Services
To see the full contact details of Vsquare Systems Private Limited, buy the company report.
Comprehensive company report
Vsquare 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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Brands
Vsquare Systems operates one associated brand: Vsquare System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services, advanced analytics, and products for business optimization and innovation. | vsquaresystem.com |
Business activity
The main business activity of Vsquare Systems 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 Vsquare Systems Private Limited, buy the company report.
Financials of Vsquare Systems Private Limited
FY 2025 filings availableVsquare Systems Private Limited reported revenue of ₹11.68 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹11.68 Cr ▲ 29%
Net profit · FY 2025
₹1.08 Cr margin 9.3%
EBITDA · FY 2025
₹1.51 Cr margin 12.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 15%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 46%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 29% growth in the latest year. EBITDA fell 35% 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 | ₹1.51 Cr | ||||
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| Net Profit (PAT) | ₹1.08 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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| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 9.3% | ||||
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To see the full financial statements and ratios of Vsquare Systems Private Limited, buy the company report.
Board of directors of Vsquare Systems Private Limited
Vsquare Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Vijayrao Deshmukh | Director | 17 Feb 2015 | 11 Years 8 Months | Current |
| Koustubh Kiran Godbole Also directs: Vanalytica Solutions Private Limited | Director | 03 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Vsquare Systems Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning, 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 |
|---|---|---|---|---|---|---|
| Heureux Software Solutions Private Limited | ₹11.72 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Vsquare Systems Private Limitedthis company | ₹11.68 Cr (FY 2025) | ₹1.08 Cr | 9.3% | 29.0% | 24 | Pune, Maharashtra, India |
| Synergetics Options System Private Limited | ₹11.64 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Velocity Software Solutions Private Limited | ₹11.61 Cr (FY 2025) | -6.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Vsquare Systems Private Limited, buy the company report.
Auditor
Vsquare Systems Private Limited is audited by P R U V N and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R U V N and Associates LLP | FY 2023 | 128704W |
Shareholding
The shareholding of Vsquare 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 Vsquare Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2024 | 100927666 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vsquare Systems 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 Vsquare Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vsquare Systems Private Limited has a workforce of 24 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
50%
GST
Vsquare Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV8961E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vsquare Systems Private Limited, buy the company report.
Recent activity
Vsquare Systems Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Joy Sharma ceased to be Director on 07 Feb 2025.
AGM
Vsquare Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vsquare Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Joy Sharma ceased to be Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100927666 was registered on 21 May 2024.
Ceased
Koustubh Kiran Godbole ceased to be Additional Director.
Appointed
Koustubh Kiran Godbole was appointed as Director.
Ceased
Mahesh Nagorao Deshpande ceased to be Director.
Ceased
Rasika Ajay Deshmukh ceased to be Director.
Appointed
Ajay Vijayrao Deshmukh was appointed as Director.
Appointed
Vijay Yashwant Deshmukh was appointed as Director.
Incorporation
22 Aug 2014
Vsquare Systems Private Limited was registered on 22 Aug 2014 with Roc Pune & aged 12 years 2 months as per MCA records.
Frequently asked questions
Vsquare Systems is an active private limited company based in Pune, Maharashtra, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 22 August 2014 (12+ years old) and is registered under CIN U72200PN2014PTC152271.
Vsquare Systems has 2 current directors:
- Ajay Vijayrao Deshmukh - Director
- Koustubh Kiran Godbole - Director
The latest financial statements of Vsquare Systems 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 Vsquare Systems is 27AAECV8961E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vsquare Systems is U72200PN2014PTC152271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vsquare Systems was incorporated on 22 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vsquare Systems by revenue are Heureux Software Solutions Private Limited, Synergetics Options System Private Limited, Velocity Software Solutions Private Limited, all in the Information Technology industry (Enterprise Resource Planning, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Joy Sharma ceased to be Director on 07 Feb 2025. Koustubh Kiran Godbole ceased to be Additional Director on 29 Sep 2023. Koustubh Kiran Godbole was appointed as Director on 03 Jul 2023. Vsquare Systems has 7 board changes on record in total.
Yes, Vsquare Systems is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0262754).
Vsquare Systems can be reached through the website vsquaresystem.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Vsquare Systems is at Office No. 608 6th Floor, Nandan Probiz Baner, Pune, Maharashtra, India – 411045.