About Kretto Syscon Limited
Data last updated: 28 September 2026
Kretto Syscon Limited is a public limited company based in Ahmadabad City, Gujarat, India. It specialises in general infrastructure services, a part of the broader infrastructure and utilities sector. Incorporated on 19 September 1994, the company has been in operation for over 32 years.
Registered with ROC Ahmedabad under CIN L70100GJ1994PLC023061. Listed on BSE: 531328.
Capital: an authorised share capital of ₹68 Cr and a paid-up capital of ₹67.73 Cr. Formerly known as Ideal Optics Limited and Ideal Texbuild Limited. It is led by directors including Tushar Shashikant Shah and Kapadia Kruti Kevin.
Last AGM: 30 May 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmadabad City, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5.9 Cr, a decline of 46.22% compared to the previous year.
The company is associated with 1 brand - Kretto Syscon.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idealopticltd.com.
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Registered AddressB – 102 Sankalp Iconic Tower Opp. Vikram Nagar, Iscon Temple Cross Road, Ahmadabad City, Gujarat, India – 380054
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IndustryInfrastructure and Utilities, General Infrastructure Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Kretto Syscon Limited
Kretto Syscon Limited has undergone 2 name changes throughout its history. The company was previously known as Ideal Optics Limited, and Ideal Texbuild Limited. The current legal name is Kretto Syscon Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Kretto Syscon Limited | Current |
| Ideal Optics Limited | Previous |
| Ideal Texbuild Limited | Previous |
CIN History of Kretto Syscon Limited
Kretto Syscon Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70100GJ1994PLC023061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100GJ1994PLC023061 | Current |
| L17290GJ1994PLC023061 | Previous |
| L26109GJ1994PLC023061 | Previous |
| L45100GJ1994PLC023061 | Previous |
Associated Brands with Kretto Syscon Limited
Kretto Syscon Limited operates one associated brand: Kretto Syscon. These brands represent Kretto Syscon Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate development services | krettosysconltd.com |
Competitors & Alternatives of Kretto Syscon Limited
Brands and companies operating in the same space as Kretto Syscon Limited include Godrej Properties, Vingroup, Nagarjuna Construction Company and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
Nagarjuna Construction Company
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Commercial property development services are provided in India. | Hyderabad, India, India | 1978 |
Howard Hughes
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Residential and commercial properties are developed across the United States. | Dallas, United States, United States | 2010 |
DLF India
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
STRABAG
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Provider of construction management services | Vienna, Austria, Austria | 1835 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Auditor Details of Kretto Syscon Limited
Kretto Syscon Limited is audited by S. MANDAWAT & CO. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. MANDAWAT & CO. | Locked | Locked | Locked |
Complete auditor history for Kretto Syscon Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Kretto Syscon Limited
Kretto Syscon Limited is currently managed by 5 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Shashikant Shah | Managing Director | 16 Jan 2017 | 9 Years 8 Months | Current |
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Kapadia Kruti Kevin
Also directs:
Kretto Syscon Limited, Ontic Finserve Limited, Indo-Global Enterprises Limited and 1 more
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Director | 15 Mar 2021 | 5 Years 6 Months | Current |
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Rajesh Modi
Also directs:
Kretto Syscon Limited
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Director | 05 May 2021 | 5 Years 4 Months | Current |
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Akshita Dave
Also directs:
Kretto Syscon Limited
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Director | 10 Jul 2024 | 2 Years 2 Months | Current |
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Manishbhai Vasantkumar Nirmal
Also directs:
Kretto Syscon Limited, Gracious Vanijya Limited
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Director | 14 Jun 2024 | 2 Years 3 Months | Current |
Financials of Kretto Syscon Limited FY 2025-26 filings available
Kretto Syscon Limited reported revenue of ₹5.9 Cr (down 46.22% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5.90 | 10.97 | 0.00 | 0.00 | 3.48 | 0.00 | 0.00 |
| Revenue growth | -48.9% | +1697.1% | -8.1% | -90.5% | +714.6% | +108.7% | -72.3% |
| EBITDA | 2.78 | 4.86 | (0.34) | (0.37) | (0.43) | (0.48) | (0.23) |
| EBITDA margin | +47.1% | +44.3% | - | - | -12.4% | - | - |
| Profit before tax | 2.73 | 5.58 | 0.34 | 0.26 | 0.24 | 0.17 | 0.15 |
| Net profit | 2.02 | 4.13 | 0.25 | 0.19 | 0.18 | 0.13 | 0.11 |
| Net profit margin | +34.2% | +37.7% | - | - | +5.2% | - | - |
| EPS (₹) | 0.03 | 0.07 | 0.02 | 0.01 | 0.01 | 0.08 | 0.08 |
| Balance sheet | |||||||
| Total assets | - | 68.89 | 17.73 | 16.46 | 16.28 | 16.12 | 15.89 |
| Net worth | - | 67.88 | 16.71 | 16.46 | 16.28 | 16.10 | 15.86 |
| Total debt | - | 1.01 | 1.02 | 0.00 | 0.00 | 0.02 | 0.02 |
| Cash & bank | - | 3.56 | 0.04 | 0.43 | 0.27 | 0.17 | 0.03 |
| Net working capital | - | 10.22 | (0.73) | (0.65) | (1.36) | (1.14) | (0.99) |
| Cash flow | |||||||
| Cash from operations | - | (3.29) | (0.06) | 0.17 | 0.13 | 0.14 | (0.32) |
| Cash from investing | - | (40.22) | (1.35) | (0.02) | 0.00 | 0.00 | 0.00 |
| Cash from financing | - | 47.03 | 1.02 | 0.00 | (0.02) | 0.00 | 0.02 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 1.00 | 0.00 | 0.43 | 3.78 | 2.29 | 1.82 | 5.83 |
| Revenue growth (YoY) | +9997.0% | -56.3% | +9997.0% | -92.6% | +267.0% | +9997.0% | +9997.0% | +9997.0% |
| Other income | 0.20 | 0.00 | 0.22 | 0.42 | 0.18 | 0.41 | 0.00 | 0.20 |
| Total expenses | 0.05 | 1.36 | 0.08 | 0.55 | 1.13 | 4.53 | 0.50 | 0.61 |
| EBITDA | (0.05) | (0.36) | (0.08) | (0.12) | 2.65 | (2.24) | 1.32 | 5.22 |
| EBITDA margin | - | -36.0% | - | -27.9% | +70.1% | -97.8% | +72.5% | +89.5% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.15 | (0.52) | 0.13 | 0.30 | 2.82 | (1.83) | 1.32 | 5.42 |
| Tax | 0.04 | (0.13) | 0.03 | 0.08 | 0.73 | (0.48) | 0.34 | 1.41 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 1.00 | 0.00 | 0.43 | 3.78 | 2.29 | 1.82 | 5.83 |
| Revenue growth (YoY) | +9997.0% | -56.3% | +9997.0% | -92.6% | +267.0% | +9997.0% | +9997.0% | +9997.0% |
| Other income | 0.20 | 0.00 | 0.22 | 0.42 | 0.18 | 0.41 | 0.00 | 0.20 |
| Total expenses | 0.05 | 1.36 | 0.08 | 0.55 | 1.13 | 4.53 | 0.50 | 0.61 |
| EBITDA | (0.05) | (0.36) | (0.08) | (0.12) | 2.65 | (2.24) | 1.32 | 5.22 |
| EBITDA margin | - | -36.0% | - | -27.9% | +70.1% | -97.8% | +72.5% | +89.5% |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.15 | (0.52) | 0.13 | 0.30 | 2.82 | (1.83) | 1.32 | 5.42 |
| Tax | 0.04 | (0.13) | 0.03 | 0.08 | 0.73 | (0.48) | 0.34 | 1.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5.90 | 10.97 | 0.00 | 0.00 | 3.48 | 0.00 | 0.00 |
| Revenue growth | -48.9% | +1697.1% | -8.1% | -90.5% | +714.6% | +108.7% | -72.3% |
| Other income | 0.02 | 0.73 | 0.70 | 0.63 | 0.67 | 0.65 | 0.39 |
| Total expenses | 3.12 | 6.11 | 0.34 | 0.37 | 3.91 | 0.48 | 0.23 |
| Employee cost | 0.00 | 0.08 | 0.11 | 0.16 | 0.14 | 0.15 | 0.10 |
| EBITDA | 2.78 | 4.86 | (0.34) | (0.37) | (0.43) | (0.48) | (0.23) |
| EBITDA margin | +47.1% | +44.3% | - | - | -12.4% | - | - |
| Depreciation | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest | 0.05 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.73 | 5.58 | 0.34 | 0.26 | 0.24 | 0.17 | 0.15 |
| Tax | 0.71 | 1.45 | 0.09 | 0.07 | 0.06 | 0.04 | 0.04 |
| Net profit | 2.02 | 4.13 | 0.25 | 0.19 | 0.18 | 0.13 | 0.11 |
| Net profit margin | +34.2% | +37.7% | - | - | +5.2% | - | - |
| EPS (₹) | 0.03 | 0.07 | 0.02 | 0.01 | 0.01 | 0.08 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 62.72 | 15.68 | 15.68 | 15.68 | 14.25 | 14.25 |
| Reserves & surplus | - | 5.16 | 1.03 | 0.78 | 0.60 | 1.85 | 1.61 |
| Shareholders' funds (net worth) | - | 67.88 | 16.71 | 16.46 | 16.28 | 16.10 | 15.86 |
| Secured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | - | 1.01 | 1.02 | 0.00 | 0.00 | 0.02 | 0.02 |
| Total debt | - | 1.01 | 1.02 | 0.00 | 0.00 | 0.02 | 0.02 |
| Total liabilities | - | 68.89 | 17.73 | 16.46 | 16.28 | 16.12 | 15.89 |
| Assets | |||||||
| Gross block | - | 0.80 | 0.77 | 0.77 | 0.76 | 0.76 | 0.76 |
| Net block | - | 0.76 | 0.73 | 0.74 | 0.73 | 0.74 | 0.74 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 1.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | - | 7.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | - | 3.56 | 0.04 | 0.43 | 0.27 | 0.17 | 0.03 |
| Loans & advances | - | 0.71 | 0.03 | 0.02 | 0.02 | 0.02 | 0.08 |
| Total current assets | - | 11.86 | 0.07 | 0.45 | 0.29 | 0.19 | 0.11 |
| Total current liabilities | - | 1.64 | 0.80 | 1.10 | 1.65 | 1.33 | 1.10 |
| Net working capital | - | 10.22 | (0.73) | (0.65) | (1.36) | (1.14) | (0.99) |
| Total assets | - | 68.89 | 17.73 | 16.46 | 16.28 | 16.12 | 15.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.04 | 0.43 | 0.27 | 0.17 | 0.03 | 0.32 |
| Net cash from operating activities | - | (3.29) | (0.06) | 0.17 | 0.13 | 0.14 | (0.32) |
| Net cash from investing activities | - | (40.22) | (1.35) | (0.02) | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | - | 47.03 | 1.02 | 0.00 | (0.02) | 0.00 | 0.02 |
| Net change in cash | - | 3.52 | (0.39) | 0.15 | 0.11 | 0.14 | (0.29) |
| Closing cash | - | 3.56 | 0.04 | 0.43 | 0.27 | 0.17 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -46.2% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% |
| EBITDA growth | -42.8% | +9998.0% | +8.1% | +14.0% | +10.4% | -108.7% | +28.1% |
| PBT growth | -51.1% | +1541.2% | +30.8% | +8.3% | +41.2% | +13.3% | -42.3% |
| Net income growth | -51.1% | +1552.0% | +31.6% | +5.6% | +38.5% | +18.2% | -45.0% |
| Revenue CAGR (3Y) | - | +46.6% | - | - | +89.7% | -100.0% | -100.0% |
| EBITDA CAGR (3Y) | - | - | -10.9% | +17.2% | +10.4% | -6.7% | -29.3% |
| Profitability & leverage | |||||||
| Net income margin | +34.2% | +37.7% | - | - | +5.2% | - | - |
| Return on capital employed | - | +12.9% | +2.1% | +1.6% | +1.5% | +1.0% | +1.0% |
| Return on net worth | - | +9.8% | +1.5% | +1.2% | +1.1% | +0.8% | +0.7% |
| Debt / equity | - | 0.02 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.02 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 1.81 | 0.00 | -2.86 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 13.97 | 0.00 | 0.00 | 4.58 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 2.89 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.03 | 0.07 | 0.02 | 0.01 | 0.01 | 0.08 | 0.08 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 1.08 | 1.07 | 1.05 | 1.04 | 11.30 | 11.13 |
Shareholding Pattern of Kretto Syscon Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 0.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 100.00% of Kretto Syscon Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & Borrowings Kretto Syscon Limited
Kretto Syscon Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kretto Syscon Limited
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Employee and EPFO history for Kretto Syscon Limited
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GST Compliance of Kretto Syscon Limited
GST registrations and filing compliance for Kretto Syscon Limited
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Credit Ratings, Litigation & Regulatory Alerts for Kretto Syscon Limited
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MSME Payment Delays by Kretto Syscon Limited
MSME payment history for Kretto Syscon Limited
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Subsidiaries & Group Companies of Kretto Syscon Limited
Corporate group structure for Kretto Syscon Limited
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MCA Filings & Documents of Kretto Syscon Limited
MCA filings and documents for Kretto Syscon Limited
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Recent Activity on Kretto Syscon Limited
Frequently Asked Questions about Kretto Syscon Limited
Kretto Syscon Limited is an active public limited company in the infrastructure and utilities sector based in Ahmadabad City, Gujarat, India. It was incorporated on 19 September 1994 (32+ years old) and is registered under CIN L70100GJ1994PLC023061. Listed on BSE: 531328.
Kretto Syscon Limited reported revenue of ₹5.9 Cr for FY 2025-26 (down 46.22% YoY) based on standalone financials.
The current directors of Kretto Syscon Limited are:
- Tushar Shashikant Shah - Managing Director
- Kapadia Kruti Kevin - Director
- Rajesh Modi - Director
- Akshita Dave - Director
- Manishbhai Vasantkumar Nirmal - Director
The primary industry of Kretto Syscon Limited is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.
Yes. Kretto Syscon Limited is listed on BSE with code 531328.
Kretto Syscon Limited can be reached at the registered office: B – 102 Sankalp Iconic Tower Opp. Vikram Nagar, Iscon Temple Cross Road, Ahmadabad City, Gujarat, India – 380054, or through the website idealopticltd.com.