MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0045662
Market Cap
₹216 Cr
SGFRL · BSE
Share Price
₹85.00
-2.30% today
Revenue
₹49.79 Cr
FY 2025-26 · -6.1% YoY
EBITDA
₹24.54 Cr
Margin 49.3%
Net Profit
₹5.94 Cr
FY 2025-26 · -31.7% YoY
P/E (TTM)
35.5x
P/B 5.2x
ROE
18.2%
ROCE 10.4%
Debt / Equity
3.93
Interest cover 44.7x
About Suyog Gurbaxani Funicular Ropeways Limited
Data last updated:
Suyog Gurbaxani Funicular Ropeways Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45203MH2010PLC200005. Its GSTIN is 27AAOCS0315H1ZE (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 543391.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.86 Cr. It was formerly known as Suyog Gurbaxani Funicular Ropeways Private Limited. It is led by directors including Rajkumar Dwarkadas Gurbaxani (Whole-Time Director) and Shivshankar Gurushantappa Lature.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 18 Suyog Industrial Estate 1st Floor Lbs Marg Vikhroli (West), Mumbai, Maharashtra, India – 400083.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹49.79 Cr, a decline of 6.1% compared to the previous year. For the same year it recorded a net profit of ₹5.94 Cr (net margin 11.9%) and EBITDA of ₹24.54 Cr (EBITDA margin 49.3%). The net worth stands at ₹40.76 Cr (up 66.6% YoY). Total assets are valued at ₹241.43 Cr (up 113.1% YoY).
The company has about 171 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SGFRL. As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹95.32 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 33 deals on record (21 market trades, 7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in August 2024.
Suyog Gurbaxani Funicular Ropeways Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0045662). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sgfrl.com.
Company details
CIN L45203MH2010PLC200005
Registration Number 200005
Incorporation Date 11 February 2010
ROC Mumbai
Listing Status Listed - Listed on BSE (543391)
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0045662
CIN history
Suyog Gurbaxani Funicular Ropeways has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45203MH2010PLC200005, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45203MH2010PLC200005 | Current |
| U45203MH2010PLC200005 | Previous |
| U45203MH2010PTC200005 | Previous |
Key People
Rajkumar Dwarkadas Gurbaxani Whole-Time Director Shivshankar Gurushantappa Lature Director Omprakash Dwarkadas Gurbaxani Director Recognitions & Rankings of Suyog Gurbaxani Funicular Ropeways
Contact details
Suyog Gurbaxani Funicular Ropeways Limited's registered office is in Mumbai, Maharashtra. Its website is sgfrl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 Suyog Industrial Estate 1st Floor Lbs Marg Vikhroli (West), Mumbai, Maharashtra, India – 400083
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
Comprehensive company report
Suyog Gurbaxani Funicular Ropeways 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 Suyog Gurbaxani Funicular Ropeways is transport and storage. In detail, this covers land transport via railways & pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines |
To see the full business activity and turnover split of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
Financials of Suyog Gurbaxani Funicular Ropeways Limited
FY 2025-26 filings availableSuyog Gurbaxani Funicular Ropeways Limited reported revenue of ₹49.79 Cr (down 6.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹49.79 Cr
-6.1% YoY
EBITDA
₹24.54 Cr
+40.1% YoY
Profit After Tax
₹5.94 Cr
-31.7% YoY
Net Worth
₹40.76 Cr
+66.6% YoY
Total Assets
₹241 Cr
+113.1% YoY
Total Debt
₹170 Cr
+97.2% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 49.79 | 53.01 |
| Revenue growth | -6.1% | - |
| EBITDA | 24.54 | 17.52 |
| EBITDA margin | +49.3% | +33.1% |
| Profit before tax | 9.49 | 8.17 |
| Net profit | 5.94 | 8.70 |
| Net profit margin | +11.9% | +16.4% |
| EPS (₹) | 2.39 | 3.50 |
| Balance sheet | ||
| Total assets | 241 | 113 |
| Net worth | 40.76 | 24.47 |
| Total debt | 170 | 86.15 |
| Cash & bank | 0.50 | 0.16 |
| Net working capital | (5.79) | 54.14 |
| Cash flow | ||
| Cash from operations | 6.58 | 3.63 |
| Cash from investing | 7.92 | (0.08) |
| Cash from financing | (14.17) | (3.50) |
| 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 | 47.16 | 53.01 | 63.12 | 18.01 | 8.05 | 4.47 | 13.19 |
| Revenue growth | -11.0% | -16.0% | +250.5% | +123.7% | +80.1% | -66.1% | - |
| EBITDA | 23.83 | 17.52 | 21.57 | 11.22 | 4.14 | 0.83 | 6.75 |
| EBITDA margin | +50.5% | +33.1% | +34.2% | +62.3% | +51.4% | +18.6% | +51.2% |
| Profit before tax | 10.34 | 8.17 | 7.83 | 0.02 | (6.94) | (7.96) | (1.88) |
| Net profit | 11.15 | 8.70 | 5.58 | 0.33 | (6.94) | (7.96) | (1.88) |
| Net profit margin | +23.6% | +16.4% | +8.8% | +1.8% | -86.2% | -178.1% | -14.3% |
| EPS (₹) | 4.48 | 3.50 | 2.25 | 0.13 | (2.79) | (3.91) | (0.93) |
| Balance sheet | |||||||
| Total assets | 138 | 113 | 105 | 78.72 | 80.76 | 84.94 | 86.12 |
| Net worth | 35.61 | 24.47 | 15.77 | 10.19 | 9.88 | 6.99 | 14.92 |
| Total debt | 100 | 86.15 | 86.93 | 65.98 | 67.92 | 74.77 | 67.87 |
| Cash & bank | 0.44 | 0.16 | 0.11 | 0.14 | 2.90 | 0.29 | 0.31 |
| Net working capital | 56.22 | 54.14 | 40.05 | 7.19 | 3.60 | 1.12 | (0.34) |
| Cash flow | |||||||
| Cash from operations | 13.47 | 3.63 | (13.82) | 1.03 | 3.71 | (5.96) | 6.13 |
| Cash from investing | (20.12) | (0.08) | (0.04) | (0.28) | 0.00 | (0.06) | (0.85) |
| Cash from financing | 6.93 | (3.50) | 13.84 | (3.51) | (1.11) | 6.00 | (5.33) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 49.79 | 53.01 |
| Revenue growth | -6.1% | - |
| Other income | 0.30 | 0.01 |
| Total expenses | 25.25 | 35.49 |
| Employee cost | 9.19 | 7.26 |
| EBITDA | 24.54 | 17.52 |
| EBITDA margin | +49.3% | +33.1% |
| Depreciation | 7.93 | 6.60 |
| Interest | 7.42 | 2.76 |
| Profit before tax | 9.49 | 8.17 |
| Tax | 3.55 | (0.53) |
| Net profit | 5.94 | 8.70 |
| Net profit margin | +11.9% | +16.4% |
| EPS (₹) | 2.39 | 3.50 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 24.86 | 24.86 |
| Reserves & surplus | 15.90 | (0.39) |
| Shareholders' funds (net worth) | 40.76 | 24.47 |
| Minority interest | 28.12 | 0.00 |
| Secured loans | 73.15 | 12.38 |
| Unsecured loans | 96.77 | 73.77 |
| Total debt | 170 | 86.15 |
| Total liabilities | 241 | 113 |
| Assets | ||
| Gross block | 248 | 98.70 |
| Net block | 195 | 53.60 |
| Capital work in progress | 41.14 | 0.00 |
| Investments | 0.00 | 0.00 |
| Inventories | 0.70 | 0.96 |
| Sundry debtors | 1.27 | 0.92 |
| Cash & bank balances | 0.50 | 0.16 |
| Loans & advances | 11.43 | 79.81 |
| Total current assets | 13.90 | 81.85 |
| Total current liabilities | 19.69 | 27.71 |
| Net working capital | (5.79) | 54.14 |
| Total assets | 241 | 113 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 0.16 | 0.11 |
| Net cash from operating activities | 6.58 | 3.63 |
| Net cash from investing activities | 7.92 | (0.08) |
| Net cash from financing activities | (14.17) | (3.50) |
| Net change in cash | 0.34 | 0.05 |
| Closing cash | 0.50 | 0.16 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | -6.1% | - |
| EBITDA growth | +40.1% | - |
| PBT growth | +16.2% | +9997.0% |
| Net income growth | -31.7% | - |
| Profitability & leverage | ||
| Net income margin | +11.9% | +16.4% |
| Return on capital employed | +10.4% | +9.6% |
| Return on net worth | +18.2% | +35.5% |
| Debt / equity | 3.93 | 3.52 |
| Long-term debt / equity | 3.83 | 3.27 |
| Interest cover | 44.67 | 25.27 |
| Efficiency & per share | ||
| Fixed asset turnover | 0.29 | 0.54 |
| Inventory turnover | 59.99 | 55.22 |
| Debtors turnover | 45.47 | 57.62 |
| EPS (₹) | 2.39 | 3.50 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 16.39 | 9.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 47.16 | 53.01 | 63.12 | 18.01 | 8.05 | 4.47 | 13.19 |
| Revenue growth | -11.0% | -16.0% | +250.5% | +123.7% | +80.1% | -66.1% | - |
| Other income | 0.11 | 0.01 | 0.05 | 0.02 | 0.01 | 0.00 | 0.00 |
| Total expenses | 23.33 | 35.49 | 41.55 | 6.79 | 3.91 | 3.64 | 6.44 |
| Employee cost | 8.64 | 7.26 | 4.99 | 3.65 | 1.79 | 1.67 | 2.58 |
| EBITDA | 23.83 | 17.52 | 21.57 | 11.22 | 4.14 | 0.83 | 6.75 |
| EBITDA margin | +50.5% | +33.1% | +34.2% | +62.3% | +51.4% | +18.6% | +51.2% |
| Depreciation | 6.60 | 6.60 | 6.65 | 6.64 | 6.65 | 6.71 | 6.70 |
| Interest | 7.00 | 2.76 | 7.14 | 4.58 | 4.44 | 2.08 | 1.93 |
| Profit before tax | 10.34 | 8.17 | 7.83 | 0.02 | (6.94) | (7.96) | (1.88) |
| Tax | (0.81) | (0.53) | 2.25 | (0.31) | 0.00 | 0.00 | 0.00 |
| Net profit | 11.15 | 8.70 | 5.58 | 0.33 | (6.94) | (7.96) | (1.88) |
| Net profit margin | +23.6% | +16.4% | +8.8% | +1.8% | -86.2% | -178.1% | -14.3% |
| EPS (₹) | 4.48 | 3.50 | 2.25 | 0.13 | (2.79) | (3.91) | (0.93) |
| 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 | 24.86 | 24.86 | 24.86 | 24.86 | 24.86 | 20.29 | 20.29 |
| Reserves & surplus | 10.75 | (0.39) | (9.09) | (14.67) | (14.98) | (13.30) | (5.37) |
| Shareholders' funds (net worth) | 35.61 | 24.47 | 15.77 | 10.19 | 9.88 | 6.99 | 14.92 |
| Secured loans | 73.15 | 12.38 | 18.14 | 60.54 | 62.48 | 71.73 | 67.87 |
| Unsecured loans | 26.88 | 73.77 | 68.79 | 5.44 | 5.44 | 3.04 | 0.00 |
| Total debt | 100 | 86.15 | 86.93 | 65.98 | 67.92 | 74.77 | 67.87 |
| Total liabilities | 138 | 113 | 105 | 78.72 | 80.76 | 84.94 | 86.12 |
| Assets | |||||||
| Gross block | 99.02 | 98.70 | 98.61 | 98.60 | 98.32 | 98.32 | 98.26 |
| Net block | 47.32 | 53.60 | 60.14 | 66.76 | 73.12 | 79.76 | 86.41 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 19.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.70 | 0.96 | 3.30 | 7.06 | 0.64 | 0.63 | 0.58 |
| Sundry debtors | 16.76 | 0.92 | 0.60 | 0.88 | 0.74 | 0.82 | 0.65 |
| Cash & bank balances | 0.44 | 0.16 | 0.11 | 0.14 | 2.90 | 0.29 | 0.31 |
| Loans & advances | 53.54 | 79.81 | 46.68 | 0.41 | 1.02 | 0.64 | 0.71 |
| Total current assets | 71.44 | 81.85 | 50.69 | 8.49 | 5.30 | 2.38 | 2.25 |
| Total current liabilities | 15.22 | 27.71 | 10.64 | 1.30 | 1.70 | 1.26 | 2.59 |
| Net working capital | 56.22 | 54.14 | 40.05 | 7.19 | 3.60 | 1.12 | (0.34) |
| Total assets | 138 | 113 | 105 | 78.72 | 80.76 | 84.94 | 86.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.16 | 0.11 | 0.14 | 2.90 | 0.29 | 0.31 | 0.37 |
| Net cash from operating activities | 13.47 | 3.63 | (13.82) | 1.03 | 3.71 | (5.96) | 6.13 |
| Net cash from investing activities | (20.12) | (0.08) | (0.04) | (0.28) | 0.00 | (0.06) | (0.85) |
| Net cash from financing activities | 6.93 | (3.50) | 13.84 | (3.51) | (1.11) | 6.00 | (5.33) |
| Net change in cash | 0.28 | 0.05 | (0.02) | (2.76) | 2.60 | (0.02) | (0.05) |
| Closing cash | 0.44 | 0.16 | 0.11 | 0.14 | 2.90 | 0.29 | 0.31 |
| 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 | -11.0% | -16.0% | +250.5% | +123.7% | +80.1% | -66.1% | - |
| EBITDA growth | +36.0% | -18.8% | +92.3% | +171.0% | +398.8% | -87.7% | - |
| PBT growth | +26.6% | +4.3% | - | +9998.0% | +12.8% | -323.4% | +46.1% |
| Net income growth | +28.2% | +55.9% | +1590.9% | +104.8% | +12.8% | -323.4% | - |
| Revenue CAGR (3Y) | +37.8% | +87.4% | +141.7% | +10.9% | +0.6% | - | - |
| EBITDA CAGR (3Y) | +28.5% | +61.8% | +196.2% | +18.5% | +7.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +23.6% | +16.4% | +8.8% | +1.8% | -86.2% | -178.1% | -14.3% |
| Return on capital employed | +13.5% | +9.8% | +16.3% | +5.7% | -3.0% | -6.8% | 0.0% |
| Return on net worth | +33.9% | +37.9% | +43.1% | +3.1% | -82.3% | -72.4% | 0.0% |
| Debt / equity | 3.10 | 4.30 | 5.89 | 6.67 | 8.46 | 6.51 | 4.39 |
| Long-term debt / equity | 3.00 | 3.97 | 5.40 | 6.13 | 7.96 | 6.18 | 4.12 |
| Interest cover | 40.63 | 25.27 | 47.86 | 100.00 | -176.89 | -35.37 | 3,860.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.48 | 0.54 | 0.64 | 0.18 | 0.08 | 0.05 | 0.13 |
| Inventory turnover | 56.82 | 24.89 | 12.19 | 4.68 | 12.68 | 7.39 | 21.62 |
| Debtors turnover | 5.33 | 69.75 | 85.30 | 22.23 | 10.32 | 6.08 | 27.20 |
| EPS (₹) | 4.48 | 3.50 | 2.25 | 0.13 | (2.79) | (3.91) | (0.93) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 14.32 | 9.84 | 6.35 | 4.10 | 3.97 | 3.44 | 7.36 |
To see the full year-wise statements and ratios of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
Board of directors of Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways has 9 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivshankar Gurushantappa Lature Also directs: Supreme Suyog Funicular Ropeways Private Limited, Suyogg Retreat LLP, Suyog Telematics Limited and 5 more | Director | 11 Feb 2010 | 16 Years 9 Months | Current |
| Rajkumar Dwarkadas Gurbaxani | Whole-Time Director | 11 Feb 2010 | 16 Years 9 Months | Current |
| Omprakash Dwarkadas Gurbaxani | Director | 11 Feb 2010 | 16 Years 9 Months | Current |
| Nandan Kumar Basu Also directs: Bandwidth Infinity Private Limited | Director | 09 Nov 2022 | 4 Years 0 Months | Current |
| Hrishikesh Deodatta Marathe | Director | 06 Mar 2019 | 7 Years 8 Months | Current |
| Manisha Suyog Shelar | Director | 04 Sep 2021 | 5 Years 2 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Suyog Gurbaxani Funicular Ropeways Limited is audited by Aniket Kulkarni & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aniket Kulkarni & Associates | FY 2023 | 130521W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 63.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 36.70%.
Sep 2026
QUARTER
63.30% Promoters
36.70% Retail & Others
Promoter holding - history
Now 63.30% · Sep 2026High 63.30% · Dec 2025Low 63.30% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 63.30% | 63.30% | 63.30% | 63.30% |
| Public | 36.70% | 36.70% | 36.70% | 36.70% |
Charges & borrowings
Open charges
₹80 Cr
Satisfied charges
₹95.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101177835 | Others | ₹80 Cr | Open | |
| 30 Jun 2023 | 100748524 | Others | ₹20 Cr | Satisfied | |
| 27 Jun 2023 | 100747955 | Axis Bank Limited | ₹12.56 Cr | Satisfied | |
| 12 Feb 2021 | 100477038 | State Bank of India | ₹3.72 Cr | Satisfied | |
| 28 Mar 2017 | 100110032 | State Bank of India | ₹25 Cr | Satisfied |
To see the full charge records of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Suyog Gurbaxani Funicular Ropeways Limited has 33 deals on record (21 market trades, 7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in August 2024.
Total deals
33
Market trades
21
Secondary share transfers
7
Funding rounds
2
Rights issues
2
Disclosed funding
₹11.99 Cr
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Market trade | ₹4.03 Cr | Seller: S K Growth Fund Pvt Ltd , an individual |
| Aug 2024 | Market trade | ₹4.56 Cr | Seller: Nopea Capital Services Private Limited |
| Aug 2024 | Market trade | ₹2.05 Cr | Seller: Emrald Commercial Limited |
| Apr 2024 | Market trade | ₹4.73 Cr | Buyer: an individual Seller: Venkateshwara Industrial Promotion Co. Ltd , an individual |
| Mar 2024 | Market trade | ₹2.09 Cr | Buyer: Nopea Capital Services Private Limited Seller: an individual |
To see the full deal history of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suyog Gurbaxani Funicular Ropeways Limited has 5 court cases on record: 3 filed by Suyog Gurbaxani Funicular Ropeways, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against National Highways Logistics Management Limited An SPV Under Nhai Through Chief Operating Officer & | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company | Pending |
| Bombay High Court | Court case (ARP) | Filed by the company against State of Maharashtra | Disposed |
| High Court | Court case (ARP) | Filed by the company against State of Maharashtra and 3 others | Disposed |
| Bombay High Court | Court case (PIL) | Filed against the company | Disposed |
To see the full case history of Suyog Gurbaxani Funicular Ropeways 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 Suyog Gurbaxani Funicular Ropeways Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suyog Gurbaxani Funicular Ropeways Limited has a workforce of 171 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
171
Active EPFO establishments
1
Employee growth
85.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 171 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
GST
Suyog Gurbaxani Funicular Ropeways has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS0315H1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suyog Gurbaxani Funicular Ropeways Limited, buy the company report.
Recent activity
Suyog Gurbaxani Funicular Ropeways Limited has 27 board changes on record since 2010: 18 appointments and 9 cessations. The latest: Padmanabhan Balasubramaniam was appointed as Director on 13 Jan 2026.
Filing
Suyog Gurbaxani Funicular Ropeways Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Padmanabhan Balasubramaniam was appointed as Director.
Ceased
Ramlal Kisan Sarote ceased to be Director.
Charges
A charge registered on 27 Jun 2023 via Charge ID 100747955 with Axis Bank Limited was fully satisfied on 06 Oct 2025.
Charges
A charge with Others amounted to Rs. 80.00 Cr with Charge ID 101177835 was registered on 29 Sep 2025.
AGM
Suyog Gurbaxani Funicular Ropeways Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Jun 2023 via Charge ID 100748524 with Others was fully satisfied on 25 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 12.56 Cr registered on 27 Jun 2023 with Charge ID 100747955 was modified on 17 Dec 2024.
Ceased
Bhakti Manish Visrani ceased to be Company Secretary.
Charges
A charge registered on 12 Feb 2021 via Charge ID 100477038 with State Bank Of India was fully satisfied on 23 Feb 2024.
Charges
A charge registered on 28 Mar 2017 via Charge ID 100110032 with State Bank Of India was fully satisfied on 23 Feb 2024.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100748524 was registered on 30 Jun 2023.
32 earlier events are in the company report.
Frequently asked questions
Suyog Gurbaxani Funicular Ropeways is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN L45203MH2010PLC200005. Listed on BSE: 543391.
Suyog Gurbaxani Funicular Ropeways reported revenue of ₹49.79 Cr for FY 2025-26 (down 6.1% YoY) based on consolidated financials.
Suyog Gurbaxani Funicular Ropeways has 9 current directors:
- Rajkumar Dwarkadas Gurbaxani - Whole-Time Director
- Shivshankar Gurushantappa Lature - Director
- Omprakash Dwarkadas Gurbaxani - Director
- Nandan Kumar Basu - Director
- Hrishikesh Deodatta Marathe - Director
- Manisha Suyog Shelar - Director
- Aditya Rajkumar Gurbaxani - Director
- Suyash Shivshankar Lature - Director
- Padmanabhan Balasubramaniam - Director
The latest financial statements of Suyog Gurbaxani Funicular Ropeways on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Suyog Gurbaxani Funicular Ropeways is 27AAOCS0315H1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Suyog Gurbaxani Funicular Ropeways is L45203MH2010PLC200005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Suyog Gurbaxani Funicular Ropeways is a listed company as per MCA records. Its shares are listed on BSE (code: 543391).
Suyog Gurbaxani Funicular Ropeways has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Suyog Gurbaxani Funicular Ropeways was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Suyog Gurbaxani Funicular Ropeways has 33 deals on record (21 market trades, 7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in August 2024.
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