About Cynet Systems Private Limited
Data last updated:
Cynet Systems Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Cynet Systems Inc. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 07 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72300UP2015FTC069984. Its GSTIN is 09AAFCC9929A1ZL (Uttar Pradesh). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Snigdha Nikhil Budhiraja and Sumit Kumar.
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 A – 64 Ground Floor Sector 63 Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.41 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.73 Cr (net margin 5.8%) and EBITDA of ₹4.44 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
The company has about 160 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cynet Systems. As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 cynetsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 64 Ground Floor Sector 63 Noida, Uttar Pradesh, India – 201301
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Cynet Systems Private Limited
The main business activity of Cynet Systems is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cynet Systems Private Limited FY 2025 filings available
Cynet Systems Private Limited reported revenue of ₹47.41 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cynet Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 5% growth in the latest year. EBITDA fell 10% 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 of Cynet Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.73 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cynet Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cynet Systems are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cynet Systems Private Limited
Cynet Systems Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nakshatra Asset Ventures Limited | ₹48.11 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Nagpur, Maharashtra, India |
| GS Rewards & Loyalty Solutions Private Limited | ₹48.02 Cr (FY 2024) | •••• | •••• | 228.0% | •••• | Chennai, Tamil Nadu, India |
| Sumeet Fire Engineers Private Limited | ₹47.86 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Pune, Maharashtra, India |
| TTK Services Private Limited | ₹47.83 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Rajy Advisory Services Private Limited | ₹47.65 Cr (FY 2023) | •••• | •••• | 18268.0% | •••• | Delhi, India |
| Cynet Systems Private Limited this company | ₹47.41 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Noida, Uttar Pradesh, India |
| Murugappa Management Services Private Limited | ₹47.41 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Chennai, Tamil Nadu, India |
| I Squared India Advisors Private Limited | ₹47.22 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Xfinite Technologies Private Limited | ₹47.16 Cr (FY 2024) | •••• | •••• | 808.0% | •••• | Mumbai, Maharashtra, India |
| Kashi Security and Consulting Services Private Limited | ₹47.1 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Waterfield Financial and Investment Advisors Private Limited | ₹47.07 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cynet Systems by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cynet Systems Private Limited
Cynet Systems Private Limited is audited by ANIRUDH JINDAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIRUDH JINDAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cynet Systems Private Limited
Cynet Systems has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snigdha Nikhil Budhiraja | Director | 07 Apr 2015 | 11 Years 6 Months | Current |
| Sumit Kumar Also directs: Cynet Health India Private Limited, G.C. Infratech Private Limited | Director | 27 Apr 2021 | 5 Years 5 Months | Current |
| Nikhil Budhiraja Also directs: Skytex India Private Limited, Cynet Health India Private Limited | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
| Dilbag Singh Also directs: Cynet Health India Private Limited, Cynet Skyhigh LLP | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
| Ashwani Mayur Also directs: Skytex India Private Limited, Cynet Health India Private Limited | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
Ownership and Shareholding of Cynet Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cynet Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2022 | Hdfc Bank Limited | ₹3 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Cynet Systems Private Limited
Cynet Systems Private Limited has 1 court case on record: 1 filed by Cynet Systems. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dehradun, Uttarakhand | Court case (Original Civil Suit) | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Cynet Systems Private Limited
Cynet Systems operates one associated brand: Cynet Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides staffing services, talent hiring, project solutions, and diversity initiatives worldwide. | cynetsystems.com |
Employees and EPFO Compliance at Cynet Systems Private Limited
Cynet Systems Private Limited has a workforce of 160 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Cynet Systems Private Limited
Cynet Systems has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
News related to Cynet Systems Private Limited
Recent Activity on Cynet Systems Private Limited
Cynet Systems Private Limited has 8 board changes on record since 2015: 5 appointments and 3 cessations. The latest: Ajmer Singh ceased to be Additional Director on 31 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Cynet Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cynet Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cynet Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cynet Systems Private Limited
Cynet Systems has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCC9929A1ZL | Uttar Pradesh | Active | 11 Jul 2017 |
| 06AAFCC9929A1ZR | Haryana | Active | 08 Dec 2017 |
| 05AAFCC9929A1ZT | Uttarakhand | Active | 22 May 2018 |
| 03AAFCC9929A1ZX | Punjab | Active | 14 Dec 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cynet Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cynet Systems Private Limited
Cynet Systems is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 07 April 2015 (11+ years old) and is registered under CIN U72300UP2015FTC069984.
Cynet Systems reported revenue of ₹47.41 Cr for FY 2025 (up 5% YoY).
Cynet Systems has 5 current directors:
- Snigdha Nikhil Budhiraja - Director
- Sumit Kumar - Director
- Nikhil Budhiraja - Director
- Dilbag Singh - Director
- Ashwani Mayur - Director
Cynet Systems reported a net profit of ₹2.73 Cr (net margin 5.8%) and EBITDA of ₹4.44 Cr (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cynet Systems is -4% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cynet Systems is 09AAFCC9929A1ZL, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAFCC9929A1ZR (Haryana), 05AAFCC9929A1ZT (Uttarakhand), 03AAFCC9929A1ZX (Punjab).
The CIN (Corporate Identification Number) of Cynet Systems is U72300UP2015FTC069984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cynet Systems has 1 court case on record: 1 filed by the company. 1 is pending.
Cynet Systems was incorporated on 07 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Cynet Systems by revenue are Nakshatra Asset Ventures Limited, GS Rewards & Loyalty Solutions Private Limited, Sumeet Fire Engineers Private Limited, TTK Services Private Limited, Rajy Advisory Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Ajmer Singh ceased to be Additional Director on 31 May 2021. Sumit Kumar was appointed as Director on 27 Apr 2021. Ashwani Mayur ceased to be Additional Director on 27 Mar 2019. Cynet Systems has 8 board changes on record in total.