Plus Business Machines Limited

Provider of AV, voice, data integration, and mobility solutions with nationwide branches and after-sales service.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Plus Business Machines Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.44 M
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.60 Cr
  • Satisfied Charges ₹ 11.06 Cr
  • Revenue Growth -39.35%
  • Profit Growth -55.12%
  • Ebitda -18.39%
  • Net Worth 10.70%
  • Total Assets 4.35%

About Plus Business Machines

Plus Business Machines Limited (PBML) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 April 1995 and has a history of 29 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.44 M.

The company currently has active open charges totaling ₹24.60 Cr. The company has closed loans amounting to ₹11.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Navandar, Jyoti Khetawat, Swadesh Khetawat, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299MH1995PLC087417

  • Company No.

    087417

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Plus Business Machines?

Executive Team (1)

Name Designation Appointment Date Status
Swadesh Khetawat Country flag representing In Managing Director 18-Apr-1995 Current

Board Members (4)

Name Designation Appointment Date Status
Jyoti Khetawat Country flag representing In Whole-Time Director 18-Apr-1995 Current
Ankita Dalmia Country flag representing In Whole-Time Director 01-Jan-2017 Current
Sanjay Navandar Country flag representing In Whole-Time Director 31-Jul-2010 Current
Sunil Dhatrak Country flag representing In Whole-Time Director 01-Nov-2011 Current

Financial Performance of Plus Business Machines.

Plus Business Machines Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 39.35% decrease. The company also saw a substantial fall in profitability, with a 55.12% decrease in profit. The company's net worth Soared by an impressive increase of 10.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-39.35%
Revenue from Operations
-35.68%
Total Assets
4.35%
Profit or Loss
-55.12%
Net Worth
10.70%
EBITDA
-18.39%

What is the Ownership and Shareholding Structure of Plus Business Machines?

In 2023, Plus Business Machines had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.60 Cr

Satisfied Charges

₹11.06 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 15.00 Cr
  • Others : 4.00 Cr
  • Hdfc Bank Limited : 3.00 Cr
  • Citibank Na : 2.60 Cr

Latest Charge Details

Date Lender Amount Status
21 May 2022 Others ₹2.00 Cr Open
27 Apr 2022 Others ₹2.00 Cr Open
05 Mar 2021 Hdfc Bank Limited ₹3.00 Cr Open
22 Aug 2016 Citi Bank N.A. ₹5.00 Cr Open
19 Sep 2007 Citi Bank N.A. ₹10.00 Cr Open

How Many Employees Work at Plus Business Machines?

Plus Business Machines has a workforce of 111 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plus Business Machines, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Plus Business Machines's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Plus Business Machines

Recent activity within the organization

  • Annual General Meeting

    Plus Business Machines Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Plus Business Machines Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100576048 was registered on 21 May 2022.

    21 May 2022

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100568333 was registered on 27 Apr 2022.

    27 Apr 2022

  • Charges

    A charge registered on 29 Aug 2018 via Charge ID 100207357 with Citi Bank N.A. was fully satisfied on 31 May 2021.

    31 May 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100423782 was registered on 05 Mar 2021.

    05 Mar 2021

Frequently asked questions

  • Plus Business Machines Limited was incorporated on 18 Apr 1995.

  • The authorized share capital of Plus Business Machines Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.44 M.

  • Currently 5 directors are associated with Plus Business Machines Limited.

    • Sanjay Shrikisan Navandar
    • Jyoti Swadesh Khetawat
    • Swadesh Ramlal Khetawat
    • Sunil Rohidas Dhatrak
    • Ankita Khetawat Dalmia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Plus Business Machines Limited is 223 Udyog Bhavan, Sonawala Road Goregaon (East) India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Plus Business Machines Limited is U29299MH1995PLC087417 and the company number is 087417 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Plus Business Machines Limited is https://www.plus-india.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Plus Business Machines Limited has fallen by -39.35%.

  • As Per 2021 financial reports, 111 employees are currently employed by Plus Business Machines Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Plus Business Machines Limited has experienced an upsurge of 10.70%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Plus Business Machines Limited amount to ₹ 24.60 Cr.

  • The most recent Balance Sheet for Plus Business Machines Limited was filed with the ROC on 31 Mar 2024.

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