About Conveyor Systems Private Limited
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Conveyor Systems Private Limited is a private limited company based in Krishnagiri, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 January 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31200TZ1984PTC001765.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors Srinivasa Ramanujam Hulikal Ramaswamy and Madan Deedasingi Chandani.
Its last annual general meeting (AGM) was held on 19 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 58/1&59 Pedatalapalli Royakota Road, Krishnagiri, Tamil Nadu, India – 635201.
As per the financials filed for FY 2020, the company reported a revenue of ₹50,000, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8,199 (net margin 16.4%) and EBITDA of ₹8,199 (EBITDA margin 16.4%). Revenue has declined at a compounded annual rate (CAGR) of 40% over five years.
As per MCA filings, the company has open charges of ₹1.37 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systemsgroup.in.
Company details
Contact details
Conveyor Systems Private Limited's registered office is in Krishnagiri, Tamil Nadu. Its website is systemsgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address58/1&59 Pedatalapalli Royakota Road, Krishnagiri, Tamil Nadu, India – 635201
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Conveyor Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Conveyor Systems is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Conveyor Systems Private Limited, buy the company report.
Financials of Conveyor Systems Private Limited
FY 2020 filings availableConveyor Systems Private Limited reported revenue of ₹50,000 (up 733% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 733% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 117% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹50,000 | ||||
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| EBITDA | ₹8,199 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8,199 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | ||||
| Net Profit Margin | 16.4% | ||||
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To see the full financial statements and ratios of Conveyor Systems Private Limited, buy the company report.
Board of directors of Conveyor Systems Private Limited
Conveyor Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Deedasingi Chandani | Additional Director | 03 Mar 2021 | 5 Years 7 Months | Current |
| Srinivasa Ramanujam Hulikal Ramaswamy | Director | 09 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Conveyor Systems Private Limited is audited by Phillipos & Co for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phillipos & Co | FY 2020 | 002650S |
Shareholding
The shareholding of Conveyor Systems Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Conveyor Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 1989 | 90002310 | Vijaya Bank | ₹25 Lakh | Open | |
| 28 Jan 1988 | 90002263 | State Industries Promotion Corporation of Tamilnadu Limited | ₹1 Cr | Open | |
| 19 Sep 1986 | 90002218 | Vijaya Bank | ₹12 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Conveyor Systems Private Limited has 6 court cases on record: 5 filed by Conveyor Systems, 1 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Govindparav Agro Products Pvt. Ltd. Through Chandrashehar Jagtap | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Hind Hydraulic Systems Pvt Ltd | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Govindparva Agro Products Pvt Ltd | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Alcor Advisors Pvt. Ltd. | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (R.C.A.) | Filed by the company against Conveytech Industries THR. Partner and 1 other | Pending |
To see the full case history of Conveyor Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Conveyor Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Conveyor Systems has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Conveyor Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Conveyor Systems Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Madan Deedasingi Chandani was appointed as Additional Director on 03 Mar 2021.
1 earlier event is in the company report.
Frequently asked questions
Conveyor Systems is an active private limited company based in Krishnagiri, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 January 1984 (42+ years old) and is registered under CIN U31200TZ1984PTC001765.
Conveyor Systems has 2 current directors:
- Madan Deedasingi Chandani - Additional Director
- Srinivasa Ramanujam Hulikal Ramaswamy - Director
The latest financial statements of Conveyor Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 19 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Conveyor Systems is U31200TZ1984PTC001765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Conveyor Systems has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending.
Conveyor Systems was incorporated on 06 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Coimbatore.
Madan Deedasingi Chandani was appointed as Additional Director on 03 Mar 2021. Shobhna Prakash ceased to be Additional Director on 30 Sep 2018. Srinivasa Ramanujam Hulikal Ramaswamy ceased to be Additional Director on 30 Sep 2018. Conveyor Systems has 7 board changes on record in total.
Conveyor Systems can be reached through the website systemsgroup.in. Its registered office is in Krishnagiri, Tamil Nadu, India.
The registered office of Conveyor Systems is at 581&59 Pedatalapalli Royakota Road, Krishnagiri, Tamil Nadu, India – 635201.
Conveyor Systems operates in the business outsourcing industry, in the business and IT consulting segment.