About Suyog Gurbaxani Funicular Ropeways Limited
Data last updated: 17 December 2025
Suyog Gurbaxani Funicular Ropeways Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 11 February 2010, the company has been in operation for over 16 years.
Registered with ROC Mumbai under CIN L45203MH2010PLC200005. Listed on BSE: 543391.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.86 Cr. Formerly known as Suyog Gurbaxani Funicular Ropeways Private Limited. It is led by directors including Nandan Kumar Basu and Suyash Shivshankar Lature.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 18 Suyog Industrial Estate 1St Floor Lbs Marg Vikhroli (West), Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.02 Cr, a decline of 16% compared to the previous year.
The company has a workforce of approximately 90 employees as per the latest available data.
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.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address18 Suyog Industrial Estate 1St Floor Lbs Marg Vikhroli (West), Mumbai, Maharashtra, India – 400083
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IndustryInfrastructure and Utilities, General Construction Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited 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 |
Associated Brands with Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited operates one associated brand: SGFRL. These brands represent Suyog Gurbaxani Funicular Ropeways Limited's diversified market presence and brand portfolio.
Business Activity of Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited is engaged in the principal business activity of transport and storage, with detailed activities including land transport via railways & pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines | ********* |
Auditor Details of Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited is audited by Aniket Kulkarni & Associates (ICAI peer reviewed, certificate valid till 2027-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Aniket Kulkarni & Associates (ICAI peer reviewed, certificate valid till 2027-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited is currently managed by 9 directors, with 18 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 |
|---|---|---|---|---|
|
Nandan Kumar Basu
Also directs:
Bandwidth Infinity Private Limited
|
Director | 09 Nov 2022 | 3 Years 8 Months | Current |
| Suyash Shivshankar Lature | Director | 21 Jan 2022 | 4 Years 5 Months | Current |
| Manisha Suyog Shelar | Director | 04 Sep 2021 | 4 Years 10 Months | Current |
| Omprakash Dwarkadas Gurbaxani | Director | 11 Feb 2010 | 16 Years 5 Months | Current |
| Aditya Rajkumar Gurbaxani | Director | 21 Jan 2022 | 4 Years 5 Months | Current |
| Rajkumar Dwarkadas Gurbaxani | Whole-Time Director | 11 Feb 2010 | 16 Years 5 Months | Current |
Financials of Suyog Gurbaxani Funicular Ropeways Limited FY 2026 filings available
Suyog Gurbaxani Funicular Ropeways Limited reported revenue of ₹49.79 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹49.79 Cr |
| Other Income | ₹30.4 Lakh |
| Total Income | ₹50.1 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | ₹25.56 Lakh |
| Employee Benefit Expense | ₹9.19 Cr |
| Finance Costs | ₹7.37 Cr |
| Other Expenses | ₹15.85 Cr |
| Total Expenses | ₹40.6 Cr |
| Profit Before Tax | ₹9.5 Cr |
| Total Tax Expense | ₹3.55 Cr |
| Net Profit | ₹5.95 Cr |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹263.77 Cr |
| Non-current Assets | ₹249.87 Cr |
| Current Assets | ₹13.9 Cr |
| Property, Plant & Equipment | ₹65.21 Lakh |
| Inventories | ₹70.05 Lakh |
| Cash & Equivalents | ₹49.74 Lakh |
| Equity (Net Worth) | ₹24.86 Cr |
| Current Liabilities | ₹19.7 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹6.58 Cr |
| Investing Cash Flow | ₹7.92 Cr |
| Financing Cash Flow | -₹14.17 Cr |
| Capital Expenditure | ₹31.8 Lakh |
| Free Cash Flow (computed) | ₹6.26 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹33.7 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹47.16 Cr | ₹53.01 Cr | ₹63.12 Cr | ₹18.01 Cr | ₹8.05 Cr |
| Other Income | ₹10.9 Lakh | ₹1.17 Lakh | ₹5.04 Lakh | ₹2 Lakh | ₹78,000 |
| Total Income | ₹47.27 Cr | ₹53.02 Cr | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹25.56 Lakh | ₹2.34 Cr | -₹3.72 Cr | -₹6.42 Cr | -₹24,000 |
| Employee Benefit Expense | ₹8.64 Cr | ₹7.26 Cr | ₹4.99 Cr | ₹3.65 Cr | ₹1.79 Cr |
| Finance Costs | ₹6.95 Cr | ₹2.74 Cr | ₹7.11 Cr | ₹1.58 Cr | ₹1.68 Cr |
| Other Expenses | ₹14.48 Cr | ₹25.91 Cr | ₹46.74 Cr | ₹12.57 Cr | ₹4.89 Cr |
| Total Expenses | ₹36.93 Cr | ₹44.85 Cr | ₹55.33 Cr | ₹18.02 Cr | ₹15 Cr |
| Profit Before Tax | ₹10.34 Cr | ₹8.17 Cr | ₹7.84 Cr | ₹83,000 | -₹6.94 Cr |
| Total Tax Expense | -₹80.7 Lakh | -₹52.59 Lakh | ₹2.25 Cr | -₹30.56 Lakh | ₹0 |
| Net Profit | ₹11.15 Cr | ₹8.69 Cr | ₹5.59 Cr | ₹31.39 Lakh | -₹6.94 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Total Assets | ₹153.5 Cr | ₹141 Cr | ₹116.06 Cr | ₹80.02 Cr | ₹82.45 Cr |
| Non-current Assets | ₹82.05 Cr | ₹59.16 Cr | ₹65.11 Cr | ₹71.53 Cr | ₹77.16 Cr |
| Current Assets | ₹71.45 Cr | ₹81.85 Cr | ₹50.94 Cr | ₹8.49 Cr | ₹5.29 Cr |
| Property, Plant & Equipment | ₹65.21 Lakh | ₹50.58 Lakh | - | - | - |
| Inventories | ₹70.05 Lakh | ₹95.6 Lakh | ₹3.3 Cr | ₹7.06 Cr | ₹63.74 Lakh |
| Cash & Equivalents | ₹43.66 Lakh | ₹16.04 Lakh | ₹11.46 Lakh | ₹13.73 Lakh | ₹2.87 Lakh |
| Equity (Net Worth) | ₹24.86 Cr | ₹24.86 Lakh | - | - | - |
| Current Liabilities | ₹15.22 Cr | ₹33.94 Cr | ₹14.07 Cr | ₹6.75 Cr | ₹7.14 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹13.47 Cr | ₹3.63 Cr | -₹11.99 Cr | ₹1.03 Cr | ₹3.71 Cr |
| Investing Cash Flow | ₹20.12 Cr | ₹8.24 Lakh | ₹4.22 Lakh | -₹27.97 Lakh | ₹0 |
| Financing Cash Flow | ₹6.93 Cr | -₹3.5 Cr | ₹12 Cr | -₹3.51 Cr | -₹1.11 Cr |
| Capital Expenditure | -₹31.8 Lakh | -₹8.24 Lakh | - | - | - |
| Free Cash Flow (computed) | ₹13.15 Cr | ₹3.55 Cr | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹40.51 Cr | ₹37.1 Lakh | ₹5.27 Lakh | -₹2.76 Cr | ₹2.6 Cr |
Shareholding Pattern of Suyog Gurbaxani Funicular Ropeways Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 63.33%, retail and other public shareholders hold 36.67% of Suyog Gurbaxani Funicular Ropeways Limited. The company had 908 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 63.33% | 63.33% | 63.33% | 63.33% | 63.33% | 63.33% |
| Public | 36.67% | 36.67% | 36.67% | 36.67% | 36.67% | 36.67% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 63.33% | 63.33% | 64.00% |
| Public | 36.67% | 36.67% | 36.00% |
| Promoter change (YoY, %pts) | +0.00 | -0.67 | - |
Charges & Borrowings of Suyog Gurbaxani Funicular Ropeways Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | Others | ₹80 Cr | Open |
| 30 Jun 2023 | Others | ₹20 Cr | Satisfied |
| 27 Jun 2023 | Axis Bank Limited | ₹12.56 Cr | Satisfied |
| 12 Feb 2021 | State Bank of India | ₹3.72 Cr | Satisfied |
| 28 Mar 2017 | State Bank of India | ₹25 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited has a workforce of 90 employees as of Apr 05, 2024.
Employee Count & EPFO Data of Suyog Gurbaxani Funicular Ropeways Limited
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GST Compliance of Suyog Gurbaxani Funicular Ropeways Limited
GSTIN & GST Filing Data of Suyog Gurbaxani Funicular Ropeways Limited
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Credit Ratings, Litigation & Regulatory Alerts for Suyog Gurbaxani Funicular Ropeways Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Suyog Gurbaxani Funicular Ropeways Limited
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MSME Payment Delays by Suyog Gurbaxani Funicular Ropeways Limited
MSME Payment Delays by Suyog Gurbaxani Funicular Ropeways Limited
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Subsidiaries & Group Companies of Suyog Gurbaxani Funicular Ropeways Limited
Subsidiaries & Group Companies of Suyog Gurbaxani Funicular Ropeways Limited
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MCA Filings & Documents of Suyog Gurbaxani Funicular Ropeways Limited
MCA Filings & Documents of Suyog Gurbaxani Funicular Ropeways Limited
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Recent Activity on Suyog Gurbaxani Funicular Ropeways Limited
Frequently Asked Questions about Suyog Gurbaxani Funicular Ropeways Limited
Suyog Gurbaxani Funicular Ropeways Limited is an active public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN L45203MH2010PLC200005. Listed on BSE: 543391. The company has 90 employees.
Suyog Gurbaxani Funicular Ropeways Limited reported revenue of ₹53.02 Cr for FY 2025 (down 16.00% YoY).
The current directors of Suyog Gurbaxani Funicular Ropeways Limited are:
The primary industry of Suyog Gurbaxani Funicular Ropeways Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.
Yes. Suyog Gurbaxani Funicular Ropeways Limited is listed on BSE with code 543391.
Suyog Gurbaxani Funicular Ropeways Limited can be reached at the registered office: 18 Suyog Industrial Estate 1St Floor Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083, or through the website sgfrl.com.