Cityon Systems (India) results and financials

BSE: 780013

CITYON SYSTEMS (INDIA) LIMITED · Face value ₹10 · Listed Dec 2014

Trading is suspended

Latest announcements

Routine notices left out.

Results for the half year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr−100.0% on a year ago
Net profit
−₹0.05 Cr

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Other income0.0
  3. Finance costs0.0
  4. Profit before tax0.0
  5. Tax0.0
  6. Net profit0.0

Cityon Systems (India) results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
  • Loss
00.0Sep 2300.0Mar 2400.0Sep 240.1−0.1Mar 2500.0Sep 2500.0Mar 26
Peak revenue ₹0.08 Cr, half year to Mar 2025; lowest ₹0.00 Cr, half year to Sep 2023A loss in 6 of the 6 half years shown

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
−81.9%−81.9%−81.9%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Filed 26 MaySep 2025Filed 11 NovMar 2026Filed 21 May
Revenue from operations0.010.000.000.000.000.000.000.080.000.00
0.03–0.07–0.05–0.05–0.04–
Materials and goods bought0.000.000.01−0.04−0.02−0.020.000.090.000.00
Employee costs0.02–0.04–0.06–0.03–0.03–
Other expenses0.01–0.01–0.01–0.01–0.01–
Operating profit before depreciation−0.03–−0.07–−0.05–−0.05–−0.04–
Operating margin−350.7%–−2,500.0%–––––––
Depreciation and amortisation0.00–0.00–0.00–0.00–0.00–
Other income0.000.050.010.000.000.000.000.000.000.00
Finance costs0.000.000.000.000.000.000.000.000.000.00
One-off items0.00–––––––––
Profit before tax−0.03−0.04−0.06−0.03−0.05−0.03−0.05−0.06−0.04−0.05
Tax0.000.000.000.000.000.000.000.000.000.00
Net profit−0.03−0.04−0.06−0.03−0.05−0.03−0.05−0.06−0.04−0.05
Net margin−350.7%−1,363.0%−2,296.2%––––−81.9%––
Earnings per share––––––−₹0.03–––
Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
120.0Mar 175.30.0Mar 182.6−0.29.0Mar 190.4−0.24.4Mar 200.0−0.19.0Mar 210.0−0.18.9Mar 220.0−0.18.7Mar 230−0.111Mar 240.1−0.111Mar 250−0.111Mar 26
Peak revenue ₹12 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2024A loss in 8 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
0.3%−3,730.8%−2.9%−10.6%−54.0%−2,475.0%−1,033.3%−3,730.8%−145.6%0.3%0.3%−7.2%−54.0%−1,230.6%−587.9%−3,523.1%−145.7%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs−0.1
  3. Other expenses0.0
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−0.1
  9. Tax0.0
  10. Net profit−0.1

What the company owns

  • Plant, investments and other assets₹30 Cr
  • Receivables₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹19 Cr
  • Borrowings₹11 Cr
  • Owed to suppliers₹1 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 26 MayMar 2026Filed 21 May
Revenue from operations12.05.32.60.40.00.00.00.00.10.0
–5.52.80.70.20.10.10.10.20.1
Materials and goods bought11.65.22.60.40.00.00.00.00.10.0
Employee costs–0.10.10.10.10.10.00.00.10.1
Other expenses–0.10.10.10.10.00.10.10.00.0
Operating profit before depreciation–−0.2−0.3−0.2−0.2−0.1−0.1−0.1−0.1−0.1
Operating margin–−2.9%−10.6%−54.0%−2,475.0%−1,033.3%−3,730.8%–−145.6%–
Materials, % of revenue–97.8%100.7%93.6%50.0%13.1%−980.8%–122.9%–
Employee costs, % of revenue–2.7%5.8%31.3%1,118.1%884.8%1,153.8%–92.6%–
Other expenses, % of revenue–2.3%4.1%29.0%1,406.9%235.4%3,657.7%–30.2%–
Depreciation and amortisation0.00.00.00.00.00.00.00.00.00.0
Operating profit after depreciation–−0.2−0.3−0.2−0.2−0.1−0.1−0.1−0.1−0.1
Other income–0.10.10.00.00.00.00.00.00.0
Finance costs–0.00.00.00.00.00.00.00.00.0
Profit before one-off items and tax0.10.0−0.2−0.2−0.1−0.1−0.1−0.1−0.1−0.1
One-off items–0.00.00.00.0–––––
Profit before tax0.10.0−0.2−0.2−0.1−0.1−0.1−0.1−0.1−0.1
0.00.00.00.00.00.00.00.00.00.0
Net profit0.00.0−0.2−0.2−0.1−0.1−0.1−0.1−0.1−0.1
Net margin0.3%0.3%−7.2%−54.0%−1,230.6%−587.9%−3,523.1%–−145.7%–
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2017: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 26 MayMar 2026Filed 21 May
20.119.919.819.719.619.519.419.3
Share capital17.117.117.117.117.117.117.117.1
Reserves3.02.72.62.62.52.42.32.2
Borrowings9.04.49.08.98.710.710.610.6
2.87.12.92.92.80.70.80.8
9.04.49.08.98.710.810.610.6
Total assets31.931.431.731.531.131.030.830.8
30.05.730.230.129.529.429.429.3
1.925.71.51.51.61.61.51.4
Net debt9.04.38.98.98.510.610.510.5
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 26 MayMar 2026Filed 21 May
0.00−0.10−0.15−0.130.04−0.03
0.00−0.10−0.15−0.120.04−0.03
0.09−0.04−0.06−0.040.150.06
Receivables0.000.050.010.000.050.05
Inventories0.00−0.01−0.03−0.040.090.00
Payables−0.01−0.04−0.040.000.010.01
Other working capital0.10−0.040.000.000.000.00
Interest paid0.000.000.000.000.000.00
Capital spending0.000.000.000.000.000.00
Free cash flow0.00−0.10−0.15−0.130.04−0.03
Cash from investing0.000.000.000.000.000.00
−0.070.060.300.04−0.090.00
Dividends paid0.000.000.000.000.000.00
Shares bought back0.00–––––
Shares issued0.000.000.000.000.000.00
Net change in cash−0.07−0.040.16−0.09−0.05−0.03
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 26 MayMar 2026Filed 21 May
Earnings per share₹0.02₹0.01––––––––
Diluted earnings per share₹0.02₹0.01––––––––
Book value per share––₹11.73₹11.60₹11.55₹11.51₹11.46₹11.41₹11.35–
Earnings per share is left blank for the years to Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024, Mar 2025 and Mar 2026: the earnings per share is stated as 0 while the period's profit or loss comes to at least half a paisa a share, so the 0 stands in for a figure the filing does not give.

Ratios

Standalone, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 26 MayMar 2026Filed 21 May
Revenue growth89.7%−55.5%−51.9%−83.3%−98.3%37.5%−73.7%−100.0%–−100.0%
Net profit growth−11.6%−52.6%––––––––
Earnings per share growth–−50.0%––––––––
––−0.9%−1.2%−0.4%−0.3%−0.5%–−0.6%–
–––−0.2 pts0.7 pts0.2 pts−0.2 pts–––
From the net margin–––−6.0 pts−25.3 pts0.2 pts−1.5 pts–––
From asset turnover–––5.7 pts26.0 pts−0.1 pts1.3 pts–––
From borrowing–––0.0 pts0.0 pts0.0 pts0.0 pts–––
Return on capital employed––−0.9%−1.0%−0.6%−0.4%−0.3%−0.3%−0.4%−0.3%
Debt to equity––0.450.220.460.450.440.550.540.55
Receivable days––1599,16556,65639,2171,48,316–5,128–
Inventory days––6121,6537,019−760−8580–
Payable days––38412,86,140–––2,860–
Cash conversion cycle, days––−2199,176−2,27,831–––2,268–
Working capital days––−13315,695−75,824−53,681−1,96,482–2,698–
Asset turnover––0.080.010.000.000.000.000.000.00
Assets per rupee of net worth––1.591.581.591.601.591.591.591.59
Sales per rupee of plant––987.35165.192.773.811.000.0028.920.00
Plant being built, % of plant in use––0.0%0.0%0.0%–––––
Interest cover is left blank for the years to Mar 2018, Mar 2022, Mar 2023, Mar 2024, Mar 2025 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
−0.3%
Measure5 years3 years
Return on capital employed, average−0.3%−0.3%
Asset turnover, average0.000.00
Debt to equity, average0.510.55

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations−0.37−0.12−0.03
Cash from investing0.000.000.00
Cash from financing0.32−0.050.00
Capital spending0.000.000.00
Dividends paid0.000.000.00
Shares issued for cash0.000.000.00
Borrowings raised0.760.080.00
Borrowings repaid0.430.120.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9––––4–––––
Altman Z-scorePublished threshold 1.1––1.875.931.70–––––
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––−0.28–––––
Receivables growth less revenue growthOur threshold 0 percentage points–––945.848.69−42.3273.06100.13–100.00
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––16.55123.53117.262,173.94128.13−435.11–
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––−86.94−4,248.613,098.99−261.54–−4.12–
Effective tax ratePublished threshold 17.16 per cent30.9125.00––––––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, TRADING ACTIVITIES, which carries all its revenue.

Who owns Cityon Systems (India), filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2016; the latest is the filing for Mar 2025.

Mar 2025 filing

  • Promoters36.68%
  • Indian institutions2.98%
  • Individuals and others60.35%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Indian institutions
  • Individuals and others
60.35%2.98%36.68%36.68%36.68%36.68%36.68%2.98%2.98%2.98%2.98%2.98%60.35%60.35%60.35%60.35%60.35%Sep 22Mar 23Sep 23Mar 24Mar 25
Per centSep 2016Sep 2022Mar 2023Sep 2023Mar 2024Mar 2025
36.68%36.68%36.68%36.68%36.68%36.68%
Indian promoters36.68%36.68%36.68%36.68%36.68%36.68%
63.32%63.32%63.32%63.32%63.32%63.32%
Shares in issue1,71,26,3601,71,26,3601,71,26,3601,71,26,3601,71,26,3601,71,26,360
Shares locked in34,25,275–––––
Promoters' shares locked in34,25,275–––––
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Number of Cityon Systems (India) shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

161Sep 16160Sep 22162Mar 23162Sep 23162Mar 24162Mar 25
ShareholdersSep 2016Sep 2022Mar 2023Sep 2023Mar 2024Mar 2025
All shareholders161160162162162162
777777
Indian promoters777777
154153155155155155
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Cityon Systems (India) promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Mar 2025; the largest is ANKUR AGARWAL, 17.23%.

Holder
ANKUR AGARWALIndividuals and Hindu undivided families17.23%29,50,788
MUKASH KUMARIndividuals and Hindu undivided families15.69%26,87,332
OM PRAKASH JAISWALIndividuals and Hindu undivided families1.17%2,00,400
SANDEEP JINDALIndividuals and Hindu undivided families1.17%2,00,400
SANJAY KUMARIndividuals and Hindu undivided families1.02%1,75,400
PRANAV SARINIndividuals and Hindu undivided families0.38%64,240
ASHOK KUMAR SHARMAIndividuals and Hindu undivided families0.02%2,800
No promoter shares are reported as pledged.

Largest public holders of Cityon Systems (India), filing by filing

Per cent, on the same shares as the split above.

HolderSep 2016Sep 2022Mar 2023Sep 2023Mar 2024Mar 2025
CITYON NANO TECHNOLOGY PRIVATE LIMITEDCompanies6.72%6.74%6.74%6.74%6.74%6.74%
NIRBHARANT MANAGEMENT CONSULTANTS PRIVATE LIMITEDCompanies5.81%5.81%5.81%5.81%5.81%5.81%
BANSAL SUPPLIERS PRIVATE LIMITEDCompanies6.32%4.16%4.16%4.16%4.16%4.16%
CITYON INFRASTRUCTURE PRIVATE LIMITEDCompanies4.99%3.15%3.15%3.15%3.15%3.15%
NEXT ORBIT VENTURES FUNDOther financial institutions2.98%2.98%2.98%2.98%2.98%2.98%
SHITHALA DEALERS LIMITEDCompanies––2.36%2.36%2.36%2.36%
DIPLOMAT LEASING AND FINACE PVT. LTD.Companies–1.87%1.87%1.87%1.87%1.87%
M/S HARISH POPLI & FAMILY(HUF)Other non-institutions–1.63%1.63%1.63%1.63%1.63%
SHRI MEHNDIPUR BALAJI INFRADEVELOPERS PVT. LTD.Companies–1.53%1.53%1.53%1.53%1.53%
SUCCESS VYAPAR LIMITEDCompanies–2.47%––––
HARISH POPLIOther non-institutions1.63%–––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Company details

BSE code
780013
ISIN
INE324P01014
CIN
L72900DL2004PLC126096
Corporate identity number, the registrar of companies' code for it
Incorporated
2004
Registered office
215, Delhi Chambers, Delhi Gate, 110002
Share registrar
Skyline Financial Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments