About Symco Consultants Private Limited
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Symco Consultants Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Altius Advisory & Management Services Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 14 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1991PTC060292. Its GSTIN is 27AABCS2089P1ZR (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishu Jitendra Negandhi and Jitendra Laxmidas Negandhi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 165 Shivshakti Industrialestate Sir M V Road Maro Naka Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2023, the company reported a revenue of ₹96.78 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹8.32 Lakh (net margin 8.6%) and EBITDA of ₹12.18 Lakh (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website symcoplus.com.
Company details
Contact details
Symco Consultants Private Limited's registered office is in Mumbai, Maharashtra. Its website is symcoplus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address165 Shivshakti Industrialestate Sir M V Road Maro Naka Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Symco Consultants Private Limited, buy the company report.
- 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
Business activity
The main business activity of Symco Consultants is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Symco Consultants Private Limited, buy the company report.
Financials of Symco Consultants Private Limited
FY 2022 filings availableSymco Consultants Private Limited reported revenue of ₹96.78 Lakh (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 3% 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
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| EBITDA | ₹12.18 Lakh | ||||
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| Net Profit (PAT) | ₹8.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 8.6% | ||||
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To see the full financial statements and ratios of Symco Consultants Private Limited, buy the company report.
Board of directors of Symco Consultants Private Limited
Symco Consultants has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishu Jitendra Negandhi | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Jitendra Laxmidas Negandhi Also directs: Mantra Capital Limited, Shajay Fabricators & Engineers Private Limited, Novel Marketing Tech Private Limited and 3 more | Additional Director | 11 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Symco Consultants Private Limited is audited by ASHAPRATAPBHAIBHANUSHALI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHAPRATAPBHAIBHANUSHALI | FY 2022 | 190935 |
Shareholding
The shareholding of Symco Consultants Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Symco Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Symco Consultants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Symco Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Symco Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS2089P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Symco Consultants Private Limited, buy the company report.
Recent activity
Symco Consultants Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Anand Lalit Ved ceased to be Additional Director on 11 Nov 2024.
Frequently asked questions
Symco Consultants 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 14 February 1991 (35+ years old) and is registered under CIN U72200MH1991PTC060292.
Symco Consultants has 2 current directors:
- Nishu Jitendra Negandhi - Director
- Jitendra Laxmidas Negandhi - Additional Director
The latest financial statements of Symco Consultants on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Symco Consultants is 27AABCS2089P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Symco Consultants is U72200MH1991PTC060292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Symco Consultants was incorporated on 14 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Anand Lalit Ved ceased to be Additional Director on 11 Nov 2024. Jitendra Laxmidas Negandhi was appointed as Additional Director on 11 Nov 2024. Jitendra Laxmidas Negandhi ceased to be Nominee Director on 10 Jun 2019. Symco Consultants has 7 board changes on record in total.
Symco Consultants can be reached through the website symcoplus.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Symco Consultants is at 165 Shivshakti Industrialestate Sir M V Road Maro Naka Andheri East, Mumbai, Maharashtra, India – 400059.
Symco Consultants operates in the business outsourcing industry, in the business and IT consulting segment.
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