About MAVERIC SYSTEMS LIMITED
MAVERIC SYSTEMS LIMITED is a Public Limited Company and was incorporated on Jun 19, 2000 in India. It is registered at Registrar of Companies, ROC Chennai. Its registered address is 2ND FLOOR, BLOCK 5, DLF IT PARK, 1/124, NANDAMBAKKAM POST, RAMAPURAM, MOUNT POON, AMALLEE RD, Chennai, CHENNAI, Tamil Nadu, India, 600089. Its corporate identification number is (CIN) U74140TN2000PLC045197 and its current status is Active. Its industry classification as per MCA is business And Management Consultancy Activities.[This Class Includes The Provision Of Advice, Guidance Or Operational Assistance To Businesses. These Activities Involve Public Relations Other Than By Paid Advertisements, Welfare And Charity Affairs, Politics, Lobbying. Activities In Connection With Project Management, Planning, Organisation, Management Information Etc. Arbitration And Conciliation Between Management And Labour. Also Included Are The Activities Of Management Holding Companies.(Computer Activities Are Classified In Division 72, Legal Advice In Class 7411, Accounting, Book-Keeping, Auditing And Tax Consultancy In Class 7412, Market Research And Public Opinion Polling In Class 7413, Technical Advisory Activities In Class 7421 And Advertising In Class 7430)]. It had a team size of 1486 employees as on May 01, 2026.
MAVERIC SYSTEMS LIMITED's last Annual General Meeting (AGM) was held on Aug 08, 2025 as per records from Ministry of Corporate Affairs (MCA). MAVERIC SYSTEMS LIMITED's authorised share capital is ₹5.2Cr and its paid up capital is ₹4.09Cr. The current board of directors of MAVERIC SYSTEMS LIMITED comprises Nurani Neelakantan Subramanian, Arun Jain and 6 more.
MAVERIC SYSTEMS LIMITED generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025.
Contact Details for MAVERIC SYSTEMS LIMITED
- *****@maveric-systems.com, *****@maveric-systems.com, *****@MAVERIC-SYSTEMS.COM
- Registered Address
- 2ND FLOOR, BLOCK 5, DLF IT PARK, 1/124, NANDAMBAKKAM POST, RAMAPURAM, MOUNT POON, AMALLEE RD, Chennai, CHENNAI, Tamil Nadu, India, 600089
Brands associated with MAVERIC SYSTEMS LIMITED
Name | Short Description | Founded Year | Location | Current Stage |
|---|---|---|---|---|
Provider of AI-powered solutions for financial services transformation | 2000 | Unfunded |
Principal Business Activity of MAVERIC SYSTEMS LIMITED
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
J | Information and communication | 62 | Computer programming, consultancy and related activities | sds |
Documents of MAVERIC SYSTEMS LIMITEDFY 25 Available15 mins
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 24-25 | FY 23-24 | FY 22-23 | FY 21-22 | FY 20-21 |
|---|---|---|---|---|---|
Financial Statements | |||||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form PAS-6 | Other eForm Documents | Apr 17, 2026 |
Form MR-1 | Change in Directors | Apr 03, 2026 |
Optional attachment(s)- if any | Change in Directors | Apr 03, 2026 |
Form MR-1 | Change in Directors | Apr 03, 2026 |
Form MR-1 | Change in Directors | Apr 03, 2026 |
Optional attachment(s)- if any | Change in Directors | Apr 03, 2026 |
Optional attachment(s)- if any | Change in Directors | Apr 03, 2026 |
Optional attachment(s)- if any | Change in Directors | Apr 03, 2026 |
Copy of board resolution | Change in Directors | Apr 03, 2026 |
Copy of board resolution | Change in Directors | Apr 03, 2026 |
Financials of MAVERIC SYSTEMS LIMITEDFY 25 Available15 mins
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 8043 | 6620 | 6633 | 4794 | 3447 |
Total Sales | 2637 | 2323 | 1707 | 3949 | 9200 |
Total Expenses | 9282 | 6228 | 7479 | 6933 | 8183 |
Operating Expenses | 5067 | 1518 | 2112 | 9103 | 7633 |
Employee Expenses | 2910 | 7638 | 3260 | 2016 | 9433 |
Operating Income (EBIT) | 2770 | 5370 | 7827 | 4360 | 9090 |
Interest Expenses | 3287 | 2797 | 2368 | 9219 | 1280 |
Expenses from other activities | 1294 | 4360 | 4226 | 6922 | 9246 |
EBITDA | 6255 | 3465 | 3002 | 2418 | 8363 |
Taxes | 9008 | 3844 | 7500 | 1774 | 2105 |
Net Profit | 9847 | 9905 | 6093 | 9834 | 5577 |
Balance Sheet | |||||
Assets | 7093 | 1247 | 1622 | 4539 | 5043 |
Cash Equivalent | 5545 | 3054 | 3371 | 8999 | 8894 |
Accounts Receivables | 6650 | 2376 | 7173 | 1652 | 6082 |
Inventory | 2952 | 5909 | 6707 | 5474 | 6206 |
Liabilities | 7202 | 3328 | 7293 | 4229 | 8856 |
Total Debt | 5095 | 4611 | 6414 | 4961 | 6423 |
Accounts Payable | 5511 | 8837 | 1286 | 8599 | 8147 |
Equities | 5128 | 6635 | 9963 | 7460 | 9659 |
Cashflow Statement | |||||
Cash from Operating activities | 2966 | 5503 | 9091 | 8175 | 9882 |
Cash from Investing activities | 1363 | 9440 | 4578 | 1209 | 7934 |
Net cash from Financing activities | 6778 | 2316 | 1094 | 6296 | 4828 |
Ratios
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 3458 | 6541 | 2943 | 3715 | 4522 |
EBIT Margin | 2219 | 3978 | 5976 | 6900 | 4576 |
Net Profit Margin | 8178 | 7246 | 4482 | 3227 | 8662 |
Return on Assets (ROA) | 9690 | 2594 | 4458 | 9873 | 3068 |
Return on Equity (ROE) | 5817 | 5224 | 2472 | 4171 | 2655 |
Return on Capital Employed | 3635 | 6036 | 6155 | 2207 | 9565 |
Return on Invested Capital | 7331 | 8642 | 8941 | 3152 | 4308 |
Efficiency Ratios | |||||
Asset Turnover | 8933 | 8513 | 8587 | 8955 | 7024 |
Receivables Turnover | 4049 | 4442 | 3083 | 6430 | 7107 |
Days Sales Outstanding | 9565 | 6995 | 9983 | 5698 | 2008 |
Inventory Turnover | 5158 | 8811 | 6929 | 6125 | 2234 |
Days Inventory Outstanding | 5025 | 1368 | 7761 | 3996 | 1287 |
Payables Turnover | 3433 | 3312 | 7360 | 5728 | 9811 |
Days Payables Outstanding | 8323 | 3854 | 6243 | 9954 | 8322 |
Liquidity Ratios | |||||
Current Ratio | 9129 | 8728 | 8640 | 1451 | 7241 |
Quick Ratio | 4051 | 6894 | 6748 | 1464 | 2081 |
Cash Ratio | 9043 | 3626 | 9727 | 7924 | 8330 |
Coverage Ratios | |||||
Cash Flow Coverage Ratio | 4705 | 1164 | 3560 | 9240 | 3602 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 2605 | 1112 | 7826 | 4046 | 9958 |
Debt Ratio | 1825 | 1591 | 1597 | 6205 | 1219 |
Net Debt | 6447 | 9308 | 7000 | 5429 | 9047 |
Interest Coverage Ratio | 3294 | 8124 | 4469 | 8260 | 6439 |
Debt Service Coverage Ratio | 1204 | 9491 | 5340 | 1692 | 2923 |
Net Debt/EBITDA | 3261 | 8204 | 9196 | 6298 | 2129 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 4501 | 1395 | 9623 | 6073 | 2121 |
Earnings Growth Rate (CAGR) | 5311 | 9674 | 8374 | 8691 | 5110 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of MAVERIC SYSTEMS LIMITED
Revenue CAGR | Growth |
|---|---|
1 Year | -6% |
3 Year | 568 |
5 Year | 514 |
EBITDA CAGR | Growth |
|---|---|
1 Year | -48% |
3 Year | 624 |
5 Year | 271 |
MSME Payment Delays by MAVERIC SYSTEMS LIMITED
Loans and Charges on MAVERIC SYSTEMS LIMITED
As a Borrower
Loan/ Charge ID | Lender Name | Loan Amount | Status | Creation Date | Closure Date |
|---|---|---|---|---|---|
101128224 | State Bank of India | ₹6Cr | thislvn | Jun 30, 2025 | voizbpn |
100027511 | CITI BANK N.A. | ₹15Cr | {{uqkgl | Feb 16, 2016 | wqqmkgk |
10597026 | ₹1Cr | rk{bdbb | Aug 25, 2015 | h{hswpa | |
10268725 | ₹4.66L | {qvb{lo | Aug 31, 2010 | bbdqe{{ | |
90286126 | State Bank of India | ₹6Cr | cervesc | Mar 30, 2004 | dycjwhj |
90289027 | STATE BANK OF INDIA | ₹90L | iiwgizv | Mar 21, 2002 | ekeckn{ |
GSTIN Details of MAVERIC SYSTEMS LIMITED
Board of Directors and Signatories of MAVERIC SYSTEMS LIMITED
Board of Directors of MAVERIC SYSTEMS LIMITED
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Whole-time Director | Current | Jun 24, 2021 | 5 Years 3 Months | |
Director | Current | Jun 19, 2000 | 26 Years 3 Months | |
Whole-time Director | Current | Jul 01, 2000 | 26 Years 2 Months | |
Director | Current | Aug 31, 2020 | 6 Years 1 Month | |
Whole-time Director | Current | Jun 24, 2021 | 5 Years 3 Months | |
Director | Current | May 25, 2022 | 4 Years 4 Months | |
Director | Current | Feb 12, 2024 | 2 Years 7 Months | |
Director | Current | Feb 12, 2024 | 2 Years 7 Months |
Signatories of MAVERIC SYSTEMS LIMITED
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Jun 19, 2000 | 26 Years 3 Months | |
Whole-time Director | Current | Jul 01, 2000 | 26 Years 2 Months | |
Director | Current | Aug 31, 2020 | 6 Years 1 Month | |
Whole-time Director | Current | Jun 24, 2021 | 5 Years 3 Months | |
Whole-time Director | Current | Jun 24, 2021 | 5 Years 3 Months | |
Director | Current | May 25, 2022 | 4 Years 4 Months | |
Company Secretary | Current | Nov 18, 2022 | 3 Years 10 Months | |
Director | Current | Feb 12, 2024 | 2 Years 7 Months | |
Director | Current | Feb 12, 2024 | 2 Years 7 Months |
Cross Directorships of MAVERIC SYSTEMS LIMITED
Legal Entity Name | % of Common Directors | Common Director(s) | Open Charge(s) | Active Legal Case(s) |
|---|---|---|---|---|
MCGRATH INSTITUTE OF SOFTWARE TRAINING LIMITED CIN: U72900TN2005PLC057783, India, Strike off | 542 | 865 | 697 | 646 |
SEDEMAC MECHATRONICS LIMITED CIN: U29253PN2007PLC246956, India, Active | 409 | 704 | 884 | 487 |
VUNET SYSTEMS PRIVATE LIMITED CIN: U72200KA2014PTC075632, India, Active | 437 | 246 | 220 | 105 |
POLARIS CONSULTING & SERVICES LIMITED CIN: U65993TN1993PLC024142, India, Amalgamated | 107 | 680 | 410 | 973 |
INTUGINE TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2013PTC168682, India, Active | 627 | 599 | 619 | 481 |
IMERIT TECHNOLOGY SERVICES PRIVATE LIMITED CIN: U72900KA2011PTC057594, India, Active | 605 | 101 | 514 | 632 |
SIMYOG TECHNOLOGY PRIVATE LIMITED CIN: U72900KA2017PTC100459, India, Active | 858 | 683 | 799 | 813 |
GENERAL AERONAUTICS PRIVATE LIMITED CIN: U74110KA2016PTC094514, India, Active | 106 | 777 | 318 | 278 |
MM FORGINGS LIMITED CIN: L51102TN1946PLC001473, India, Active | 903 | 889 | 449 | 752 |
MINDGROVE TECHNOLOGIES PRIVATE LIMITED CIN: U29100TN2021PTC141187, India, Active | 350 | 942 | 300 | 954 |
WELIVE FOUNDATION CIN: U85320KA2019NPL129999, India, Active | 477 | 779 | 909 | 346 |
GREAT RETAIL BRANDS PRIVATE LIMITED CIN: U15122HR2009PTC039608, India, Active | 313 | 537 | 296 | 583 |
Nab Global Innovation Centre India Private Limited CIN: U72900DL2022FTC447309, India, Active | 631 | 971 | 600 | 880 |
GROW TALENT COMPANY LIMITED CIN: U74999HR2000PLC035269, India, Active | 918 | 929 | 646 | 615 |
INSPIRED LEADERSHIP GURUKUL CIN: U80903HR2012NPL045688, India, Active | 676 | 801 | 848 | 923 |
SOIL EDUCATION INDIA PRIVATE LIMITED CIN: U80904DL2007PTC159180, India, Strike off | 957 | 949 | 964 | 208 |
MINDTREE TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2000PTC026439, India, Amalgamated | 873 | 379 | 877 | 154 |
MINDTREE WIRELESS PRIVATE LIMITED CIN: U72200KA2003PTC032143, India, Amalgamated | 716 | 928 | 750 | 659 |
Sedemac Mechatronics Limited CIN: U29253PN2007PLC246956, India, Active | 802 | 371 | 997 | 493 |
Legal Cases involving MAVERIC SYSTEMS LIMITED
Employee Count of MAVERIC SYSTEMS LIMITED
Date | Employee Count |
|---|---|
May 26 | 1486 |
Apr 26 | 509 |
Mar 26 | 891 |
Feb 26 | 809 |
Jan 26 | 715 |
Dec 25 | 438 |
Nov 25 | 333 |
Competitors & Alternates of MAVERIC SYSTEMS LIMITED
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ION Group 1998, New York City (United States), Late Stage | Treasury management solutions for financial institutions and banks | $400M | 67/100 | |
2nd | Thought Machine 2014, London (United Kingdom), Series D | Developer of cloud native core banking and payment processing software | $767M | 67/100 | |
3rd | Provider of a cloud-native API-first core banking platform | $49.8M | 66/100 | ||
4th | 10x 2016, London (United Kingdom), Series C | Developer of a cloud-native SaaS platform for core banking services | $349M | 63/100 | |
5th | Roinet Solution 2012, Gurugram (India), Seed | Developer of financial inclusion and digital finance and banking solutions to under-served communities | $2.2M | 60/100 | |
6th | Full-stack payment infrastructure powering how businesses in Pakistan accept, send, and manage money | $3.5M | 58/100 | ||
7th | BKN301 2021, London (United Kingdom), Series B | Provider of Banking-as-a-Service orchestration platform | $67.7M | 59/100 | |
8th | Cloud-agnostic core banking solution | $30.7M | 59/100 | ||
9th | Craft Silicon 2000, Nairobi (Kenya), Seed | Provider of banking, microfinance, fund management, and merchant service solutions | - | 57/100 | |
10th | DCI 1963, Hutchinson (United States), Early Stage | Software solutions for the banking industry | $1.28M | - | 54/100 |
27th | Maveric Systems 2000, Chennai (India), Unfunded | Provider of AI-powered solutions for financial services transformation | - | - | 46/100 |