C2C Advanced Systems Ltd. IPO 2026
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 4324.97 | 4129.82 | 806.73 |
| Profit After Tax | 972.99 | 1227.69 | 287.52 |
| EBITDA | — | — | — |
| Net Worth | 8618.72 | 7645.73 | 252.14 |
| Total Assets | 11058.01 | 8583.51 | 1849.78 |
| Reserves & Surplus | — | 6864.52 | 96.69 |
| Total Borrowings | 1329.02 | — | 944.74 |
C2C Advanced Systems Limited, formerly known as C2C – DB Systems Private Limited, incorporated in 2018, is a vertically integrated defense electronics solutions provider catering to the indigenously developed defense products industry in India. The company's core competencies include C4I systems for effective situational awareness and decision support, AI/ML based big data analytics, enterprise integration of real-time data from IIOT, and embedded/FPGA designs.
The company's business model for digital transformation focuses on four main services:
- Virtual Supply Chain: The company provides software development based on real-time and continuous data provided by various sensors, generating usable data that is immediately actionable.
- Virtual logistics: The company delivers using commercial off-the-shelf (COTS) electronic boards and complex engineering to integrate and deliver in an engineered enclosure that can withstand harsh environmental conditions (subsystems)
- Virtual Maintenance: The company integrates various subsystems to deliver systems that extract real-time data and create situational awareness for defense leadership to take action (systems).
- Application of AI/ML technologies in all offerings and as standalone product development and engineering.
The company's product list includes Combat Management Systems, C4I Systems, Anti-Drone Command and Control Systems, Air Defence Subsystems, Integrated Platform Management Systems and Integrated Vessel Management Systems.
Competitive strengths:
- A broad range of products and solutions for defense applications
- Strong R&D capabilities with a focus on innovation
- Well positioned to benefit from the government initiatives “Atmanirbhar Bharat” and "Make in India"
- Strong relationships with a diverse and global customer base
- Experienced management team
As of October 30, 2024, the company employed 190 employees.