MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0126463
Suyash Outsourcing Private Limited
Suyash Outsourcing Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹113.25 Cr
▲ 6% YoY
Net profit · FY 2024
₹46.32 Cr
Net margin 40.9%
EBITDA · FY 2024
₹50.83 Cr
EBITDA margin 44.9%
Authorised capital
₹1.99 Cr
Registered with MCA
Paid-up capital
₹1.88 Cr
Issued & subscribed
Open charges
₹10.5 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Suyash Outsourcing Private Limited
Data last updated:
Suyash Outsourcing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 20 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2004PTC150111. Its GSTIN is 27AAICS6262P1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.99 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors Sarika Girish Kulkarni and Girish Nilkanth Kulkarni.
Its last annual general meeting (AGM) was held on 12 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor Paville House Twin Towers Lane Off. Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2024, the company reported a revenue of ₹113.25 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹46.32 Cr (net margin 40.9%) and EBITDA of ₹50.83 Cr (EBITDA margin 44.9%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹10.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Suyash Outsourcing Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0126463). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2004PTC150111
Registration Number 150111
Incorporation Date 20 December 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0126463
Recognitions & Rankings of Suyash Outsourcing
Contact details
Suyash Outsourcing Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Paville House Twin Towers Lane Off. Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Suyash Outsourcing Private Limited, buy the company report.
Comprehensive company report
Suyash Outsourcing Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Suyash Outsourcing is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Suyash Outsourcing Private Limited, buy the company report.
Financials of Suyash Outsourcing Private Limited
FY 2024 filings availableSuyash Outsourcing Private Limited reported revenue of ₹113.25 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹113.25 Cr ▲ 6%
Net profit · FY 2024
₹46.32 Cr margin 40.9%
EBITDA · FY 2024
₹50.83 Cr margin 44.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 43%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 60%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 6% growth in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹50.83 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹46.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 44.9% | ||||
| Net Profit Margin | 40.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Suyash Outsourcing Private Limited, buy the company report.
Board of directors of Suyash Outsourcing Private Limited
Suyash Outsourcing has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarika Girish Kulkarni | Director | 27 Nov 2019 | 6 Years 11 Months | Current |
| Girish Nilkanth Kulkarni | Director | 20 Dec 2004 | 21 Years 10 Months | Current |
Auditor
Suyash Outsourcing Private Limited is audited by Ambavat Jain & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ambavat Jain & Associates LLP | FY 2023 | 109681W |
Shareholding
The shareholding of Suyash Outsourcing 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suyash Outsourcing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2022 | 100569406 | Axis Bank Limited | ₹5.25 Cr | Open | |
| 10 May 2022 | 100569404 | Axis Bank Limited | ₹5.25 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Suyash Outsourcing Private Limited has 2 court cases on record: 1 filed by Suyash Outsourcing, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Anand Rathi Global Finance Ltd. and Ors | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -8 | Disposed |
To see the full case history of Suyash Outsourcing 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 Suyash Outsourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suyash Outsourcing has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS6262P1ZL | Maharashtra | Active | 01 Jul 2017 |
| 24AAICS6262P1ZR | Gujarat | Active | 27 Feb 2018 |
To see the full GST registrations and return filing status of Suyash Outsourcing Private Limited, buy the company report.
Recent activity
Suyash Outsourcing Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Darshana Neelesh Wagle ceased to be Additional Director on 31 Dec 2020.
AGM
Suyash Outsourcing Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
Filing
Suyash Outsourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.25 Cr with Charge ID 100569406 was registered on 10 May 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.25 Cr with Charge ID 100569404 was registered on 10 May 2022.
Ceased
Darshana Neelesh Wagle ceased to be Additional Director.
Ceased
Sarika Girish Kulkarni ceased to be Additional Director.
Ceased
Neelesh Vivekanand Wagle ceased to be Director.
Appointed
Sarika Girish Kulkarni was appointed as Director.
Appointed
Girish Nilkanth Kulkarni was appointed as Director.
Incorporation
20 Dec 2004
Suyash Outsourcing Private Limited was registered on 20 Dec 2004 with Roc Mumbai & aged 21 years 10 months as per MCA records.
Frequently asked questions
Suyash Outsourcing is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 20 December 2004 (22+ years old) and is registered under CIN U74999MH2004PTC150111.
Suyash Outsourcing has 2 current directors:
- Sarika Girish Kulkarni - Director
- Girish Nilkanth Kulkarni - Director
The latest financial statements of Suyash Outsourcing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Suyash Outsourcing is 27AAICS6262P1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICS6262P1ZR (Gujarat).
The CIN (Corporate Identification Number) of Suyash Outsourcing is U74999MH2004PTC150111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suyash Outsourcing has 2 court cases on record: 1 filed by the company and 1 filed against it.
Suyash Outsourcing was incorporated on 20 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Darshana Neelesh Wagle ceased to be Additional Director on 31 Dec 2020. Sarika Girish Kulkarni ceased to be Additional Director on 31 Dec 2020. Neelesh Vivekanand Wagle ceased to be Director on 13 Dec 2019. Suyash Outsourcing has 5 board changes on record in total.
Yes, Suyash Outsourcing is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0126463).
The registered office of Suyash Outsourcing is at 4th Floor Paville House Twin Towers Lane Off. Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
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