- Udyam number
- UDYAM-MH-26-0262754

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.
Recognitions & Rankings of Vsquare Systems
- EmailLocked
- TelephoneLocked
- 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
- 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
- One PDF report, delivered after checkout
Associated Brands with Vsquare Systems Private Limited
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 of Vsquare Systems Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vsquare Systems Private Limited FY 2025 filings available
Vsquare Systems Private Limited reported revenue of ₹11.68 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vsquare Systems Private Limited
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 of Vsquare Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.08 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 of Vsquare Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vsquare Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| 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 of Vsquare Systems Private Limited
Vsquare Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Refine Eyecare Private Limited | ₹11.75 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Logon Software (India) Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Bhumi Entech Equipments Private Limited | ₹11.74 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Heureux Software Solutions Private Limited | ₹11.72 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| RPM Infotech Consulting Private Limited | ₹11.69 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Vsquare Systems Private Limited this company | ₹11.68 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
| Softpath Systems Private Limited | ₹11.66 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Telangana, India |
| Solventek Private Limited | ₹11.65 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Hyderabad, Telangana, India |
| Srikari Infotech Solutions Private Limited | ₹11.65 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Chagallu, Andhra Pradesh, 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 |
Peers are the five companies nearest above and the five nearest below Vsquare Systems by revenue in the Information Technology industry (Enterprise Resource Planning, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vsquare Systems Private Limited
Vsquare Systems Private Limited is audited by P R U V N and Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R U V N and Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vsquare Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vsquare Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2024 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Vsquare Systems Private Limited
Vsquare Systems Private Limited has a workforce of 24 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vsquare Systems Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Vsquare Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vsquare Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vsquare Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vsquare Systems Private Limited
Vsquare Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV8961E1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vsquare Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vsquare Systems Private Limited
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 reported revenue of ₹11.68 Cr for FY 2025 (up 29% YoY).
Vsquare Systems has 2 current directors:
- Ajay Vijayrao Deshmukh - Director
- Koustubh Kiran Godbole - Director
Vsquare Systems reported a net profit of ₹1.08 Cr (net margin 9.3%) and EBITDA of ₹1.51 Cr (EBITDA margin 12.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vsquare Systems is 15% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
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 Refine Eyecare Private Limited, Logon Software (India) Private Limited, Bhumi Entech Equipments Private Limited, Heureux Software Solutions Private Limited, RPM Infotech Consulting Private Limited and 5 more, all in the Information Technology industry (Enterprise Resource Planning, IT Consulting and Services).
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).