- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0005816

About Crystal Industrial Syndicate Private Limited
Data last updated:
Crystal Industrial Syndicate Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29199MH2005PTC155634. Its GSTIN is 27AACCC6487G1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sadanand Sunder Shetty and Prathviraj Raghuram Hegde.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 412 Raheja Arcade Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹113.91 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹6.47 Cr (net margin 5.7%) and EBITDA of ₹13.77 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹110.43 Cr and satisfied charges of ₹37.32 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Crystal Industrial Syndicate Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0005816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crystalindustrial.in.
Company details
Recognitions & Rankings of Crystal Industrial Syndicate
Contact details
Crystal Industrial Syndicate Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is crystalindustrial.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address412 Raheja Arcade Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Crystal Industrial Syndicate 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 Crystal Industrial Syndicate 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 Crystal Industrial Syndicate Private Limited, buy the company report.
Financials of Crystal Industrial Syndicate Private Limited
FY 2025 filings availableCrystal Industrial Syndicate Private Limited reported revenue of ₹113.91 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 41% growth in the latest year. EBITDA rose 46% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.77 Cr | ||||
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| Net Profit (PAT) | ₹6.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Crystal Industrial Syndicate Private Limited, buy the company report.
Board of directors of Crystal Industrial Syndicate Private Limited
Crystal Industrial Syndicate has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadanand Sunder Shetty | Director | 25 Aug 2005 | 21 Years 2 Months | Current |
| Prathviraj Raghuram Hegde | Director | 25 Aug 2005 | 21 Years 2 Months | Current |
Peer comparison
Crystal Industrial Syndicate Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Expo Engineering and Projects Limited | ₹114.9 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Crystal Industrial Syndicate Private Limitedthis company | ₹113.91 Cr (FY 2025) | ₹6.47 Cr | 5.7% | 41.0% | 67 | Navi Mumbai, Maharashtra, India |
| New Avm Systech Private Limited | ₹113.15 Cr (FY 2025) | 30.0% | Chinchwad, Maharashtra, India | |||
| Enginemates Heat Transfer Pvt Ltd | ₹112.91 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Crystal Industrial Syndicate Private Limited, buy the company report.
Auditor
Crystal Industrial Syndicate Private Limited is audited by JOSHI JOSHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI JOSHI & CO | FY 2023 | 104393W |
Shareholding
The shareholding of Crystal Industrial Syndicate Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Crystal Industrial Syndicate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101187810 | Others | ₹68 Lakh | Open | |
| 13 Nov 2025 | 101190589 | Others | ₹20 Lakh | Open | |
| 12 Aug 2025 | 101152429 | Others | ₹23 Lakh | Open | |
| 30 Jul 2025 | 101138347 | Others | ₹11.13 Lakh | Open | |
| 07 Jul 2025 | 101123056 | Others | ₹20 Lakh | Open |
To see the full charge records of Crystal Industrial Syndicate Private Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Crystal Industrial Syndicate Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by G B Jondhale Inspector Under Maharashtra Private Security Guards Board Raigad | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Crystal Industrial Syndicate 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.
Credit ratings & regulatory alerts
Crystal Industrial Syndicate Private Limited was last rated by Crisil on 15 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 May 2019 |
To see the full credit ratings and regulatory alerts of Crystal Industrial Syndicate Private Limited, buy the company report.
MSME payment delays
Crystal Industrial Syndicate Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 6 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Igp Engineers Private Limited | |||
| Tube Turn India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Crystal Industrial Syndicate Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Crystal Industrial Syndicate Private Limited has a workforce of 67 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 67 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Crystal Industrial Syndicate Private Limited, buy the company report.
GST
Crystal Industrial Syndicate has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC6487G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crystal Industrial Syndicate Private Limited, buy the company report.
Recent activity
Crystal Industrial Syndicate Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Prathviraj Raghuram Hegde was appointed as Director on 25 Aug 2005.
33 earlier events are in the company report.
Frequently asked questions
Crystal Industrial Syndicate is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 August 2005 (21+ years old) and is registered under CIN U29199MH2005PTC155634.
Crystal Industrial Syndicate has 2 current directors:
- Sadanand Sunder Shetty - Director
- Prathviraj Raghuram Hegde - Director
The latest financial statements of Crystal Industrial Syndicate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Crystal Industrial Syndicate is 27AACCC6487G1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Crystal Industrial Syndicate is U29199MH2005PTC155634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crystal Industrial Syndicate has 2 court cases on record: 2 filed against it. 2 are pending.
Crystal Industrial Syndicate was incorporated on 25 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Crystal Industrial Syndicate by revenue are Expo Engineering and Projects Limited, New Avm Systech Private Limited, Enginemates Heat Transfer Pvt Ltd, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Prathviraj Raghuram Hegde was appointed as Director on 25 Aug 2005. Sadanand Sunder Shetty was appointed as Director on 25 Aug 2005.
Yes, Crystal Industrial Syndicate is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0005816).
Crystal Industrial Syndicate has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Crystal Industrial Syndicate can be reached through the website crystalindustrial.in. Its registered office is in Navi Mumbai, Maharashtra, India.

