Work Station Systems Private Limited
About Work Station Systems Private Limited
Data last updated:
Work Station Systems Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the commercial printing services segment of the media and publishing sector. It was incorporated on 11 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31909MP1983PTC018769. Its GSTIN is 23AACCK6959K1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.56 Lakh. It was formerly known as Krugg Electro Industries Private Limited. It is led by directors Arnesh Goenka and Arune Goenka.
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 Plotno.35 Sectorhindustrialarea Gonvidpura, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.22 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 3.6%) and EBITDA of ₹3.56 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years and 49% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.79 Cr and satisfied charges of ₹7.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlotno.35 Sectorhindustrialarea Gonvidpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryMedia and Publishing, Commercial Printing 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
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Business Activity of Work Station Systems Private Limited
The main business activity of Work Station Systems is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support 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 Work Station Systems Private Limited FY 2025 filings available
Work Station Systems Private Limited reported revenue of ₹53.22 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Work Station Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 69% growth in the latest year. EBITDA rose 46% 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 Work Station Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.94 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 Work Station Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Work Station 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.
Peer Comparison of Work Station Systems Private Limited
Work Station Systems Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Commercial Printing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Dyeing and Printing Mills Private Limited | ₹55.42 Cr (FY 2022) | •••• | •••• | 0.0% | •••• | Faridabad, Haryana, India |
| Ruchi Security Printers Private Limited | ₹54.93 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bhopal, Madhya Pradesh, India |
| Shrathi Printers and Publishers Private Limited | ₹54.83 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mangalore, Karnataka, India |
| Goyal Offset Works Private Limited | ₹53.91 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Spirited Labels Private Limited | ₹53.57 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Work Station Systems Private Limited this company | ₹53.22 Cr (FY 2024) | •••• | •••• | 69.0% | •••• | Bhopal, Madhya Pradesh, India |
| Mbee Paper Prints Private Limited | ₹52.43 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Printrade Issues (India) Private Limited | ₹52.39 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Arion Technology Limited | ₹51.56 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| 3Q Printing Technologies Private Limited | ₹51.14 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Dotsmark Systems India Limited | ₹50.83 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bhayander, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Work Station Systems by revenue in the Media and Publishing industry (Commercial Printing), 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 Work Station Systems Private Limited
Work Station Systems Private Limited is audited by SHIVNANDAN AGRAWAL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIVNANDAN AGRAWAL & CO. | 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.
Board of Directors of Work Station Systems Private Limited
Work Station Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arnesh Goenka | Director | 06 Dec 2021 | 4 Years 10 Months | Current |
| Arune Goenka | Director | 29 Jun 2007 | 19 Years 3 Months | Current |
Ownership and Shareholding of Work Station 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 Work Station Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2022 | Others | ₹59 Lakh | Open |
| 28 Feb 2022 | Others | ₹17.2 Cr | Open |
| 03 Mar 2020 | Sidbi | ₹57 Lakh | Satisfied |
| 03 May 2018 | Uco Bank | ₹1.5 Cr | Satisfied |
| 06 Apr 2018 | Uco Bank | ₹2.89 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Work Station Systems Private Limited
Work Station Systems Private Limited has a workforce of 3 employees as of Oct 08, 2025.
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 Work Station Systems Private Limited
Work Station Systems Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Ajay Goenka ceased to be Director on 06 Dec 2021.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Work Station 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 Work Station 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 Work Station 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 Work Station Systems Private Limited
Work Station Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCK6959K1Z5 | Madhya Pradesh | 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 Work Station 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 Work Station Systems Private Limited
Work Station Systems is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in commercial printing services, within the media and publishing industry. It was incorporated on 11 April 1983 (43+ years old) and is registered under CIN U31909MP1983PTC018769.
Work Station Systems reported revenue of ₹53.22 Cr for FY 2024 (up 69% YoY).
Work Station Systems has 2 current directors:
- Arnesh Goenka - Director
- Arune Goenka - Director
Work Station Systems reported a net profit of ₹1.94 Cr (net margin 3.6%) and EBITDA of ₹3.56 Cr (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Work Station Systems is 112% over three years and 49% over five years. In the latest year (FY 2024) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Work Station Systems is 23AACCK6959K1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Work Station Systems is U31909MP1983PTC018769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Work Station Systems was incorporated on 11 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Work Station Systems by revenue are Creative Dyeing and Printing Mills Private Limited, Ruchi Security Printers Private Limited, Shrathi Printers and Publishers Private Limited, Goyal Offset Works Private Limited, Spirited Labels Private Limited and 5 more, all in the Media and Publishing industry (Commercial Printing).
Ajay Goenka ceased to be Director on 06 Dec 2021. Arnesh Goenka was appointed as Director on 06 Dec 2021. Arvind Goenka ceased to be Director on 06 Dec 2021. Work Station Systems has 6 board changes on record in total.
The registered office of Work Station Systems is at Plotno.35 Sectorhindustrialarea Gonvidpura, Bhopal, Madhya Pradesh, India – 462023.