Syndicate Exhaust Systems Private Limited

Syndicate Exhaust Systems Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51502MH1987PTC044765 Incorporated 24 September 1987 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹32.62 Lakh
▼ 29% YoY
Net loss · FY 2025
₹27.23 Lakh
Net margin -83.5%
EBITDA · FY 2025
-₹15.63 Lakh
EBITDA margin -47.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.05 Cr
Issued & subscribed
Satisfied charges
₹16.26 Cr
No open charges
Company age
39 yrs
Est. 1987
Employees · EPFO
54
Provident fund records

About Syndicate Exhaust Systems Private Limited

Data last updated:

Syndicate Exhaust Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 September 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51502MH1987PTC044765. Its GSTIN is 27AAHCS5088A1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Ravijot Singh Jaswant Singh Chandhok and Inderjot Singh Chandhok.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 23 Zakaria Aghadi Estate Marol – Maroshi Road Marol Andheri (E), Mumbai, Maharashtra, India – 400059.

As per the financials filed for FY 2025, the company reported a revenue of ₹32.62 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹27.23 Lakh (net margin -83.5%) and EBITDA of -₹15.63 Lakh (EBITDA margin -47.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 13% over five years.

The company has about 54 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹16.26 Cr on record. The company has 4 deals on record (4 secondary share transfers); the latest was in January 2022.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syndicateexhaust.com.

Company details

CIN U51502MH1987PTC044765
Registration Number 044765
Incorporation Date 24 September 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Syndicate Exhaust Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is syndicateexhaust.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    23 Zakaria Aghadi Estate Marol – Maroshi Road Marol Andheri (E), Mumbai, Maharashtra, India – 400059
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Syndicate Exhaust Systems Private Limited, buy the company report.

Comprehensive company report
Syndicate Exhaust Systems 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 Syndicate Exhaust Systems is manufacturing. In detail, this covers manufacture of other transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing30Manufacture of other transport equipment

To see the full business activity and turnover split of Syndicate Exhaust Systems Private Limited, buy the company report.

Financials of Syndicate Exhaust Systems Private Limited

FY 2024 filings available

Syndicate Exhaust Systems Private Limited reported revenue of ₹32.62 Lakh (down 29% YoY) for FY 2025.

Revenue · FY 2025
₹32.62 Lakh ▼ 29%
Net loss · FY 2025
₹27.23 Lakh margin -83.5%
EBITDA · FY 2025
-₹15.63 Lakh margin -47.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 37%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 84%
3 years · compounded
▼ 33%
5 years · compounded
▲ 1%

Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 84% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹15.63 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹27.23 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-47.9%
Net Profit Margin-83.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Syndicate Exhaust Systems Private Limited, buy the company report.

Board of directors of Syndicate Exhaust Systems Private Limited

Syndicate Exhaust Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravijot Singh Jaswant Singh ChandhokDirector24 Sep 198739 Years 1 MonthsCurrent
Inderjot Singh ChandhokDirector24 Sep 198739 Years 1 MonthsCurrent

Auditor

Syndicate Exhaust Systems Private Limited is audited by PRAFUL M JOSHI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRAFUL M JOSHIFY 2023030276

Shareholding

The shareholding of Syndicate Exhaust Systems 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Syndicate Exhaust Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹16.26 Cr
Breakdown by lending institutions
Others₹8.50 Cr
Oriental Bank of Commerce₹7.76 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2017100089700Others₹4.25 CrSatisfied
02 Feb 2017100080454Others₹4.25 CrSatisfied
19 Jul 200090223164Oriental Bank of Commerce₹5 LakhSatisfied
23 Dec 199990223093Oriental Bank of Commerce₹3.2 CrSatisfied
09 Sep 199990223062Oriental Bank of Commerce₹2.2 CrSatisfied

To see the full charge records of Syndicate Exhaust Systems Private Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Syndicate Exhaust Systems Private Limited has 4 deals on record (4 secondary share transfers); the latest was in January 2022.

Total deals
4
Secondary share transfers
4

Deals on record (4 of 4)

WhenDealAmountParties
Jan 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2011Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Syndicate Exhaust Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Syndicate Exhaust Systems Private Limited has a workforce of 54 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
54
Active EPFO establishments
1
Employee growth
5.88%

GST

Syndicate Exhaust Systems has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAHCS5088A1ZBMaharashtraActive01 Jul 2017
29AAHCS5088A1Z7KarnatakaActive13 Jul 2017

To see the full GST registrations and return filing status of Syndicate Exhaust Systems Private Limited, buy the company report.

Recent activity

Syndicate Exhaust Systems Private Limited has 4 board changes on record since 1987: 2 appointments and 2 cessations. The latest: Prabhjot Singh Jaswant Singh Chandhok ceased to be Director on 05 Jun 2021.

AGM
Syndicate Exhaust Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Syndicate Exhaust Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 20 Mar 2017 via Charge ID 100089700 with Others was fully satisfied on 22 Sep 2021.
Charges
A charge registered on 02 Feb 2017 via Charge ID 100080454 with Others was fully satisfied on 22 Sep 2021.
Ceased
Prabhjot Singh Jaswant Singh Chandhok ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.25 Cr with Charge ID 100089700 was registered on 20 Mar 2017.
Charges
A charge with Others amounted to Rs. 4.25 Cr with Charge ID 100080454 was registered on 02 Feb 2017.
Ceased
Shakuntala Jaswantsingh Chandhok ceased to be Director.
Charges
A charge registered on 19 Jul 2000 via Charge ID 90223164 with Oriental Bank Of Commerce was fully satisfied on 22 Dec 2005.
Charges
A charge registered on 23 Dec 1999 via Charge ID 90223093 with Oriental Bank Of Commerce was fully satisfied on 22 Dec 2005.
Charges
A charge registered on 09 Sep 1999 via Charge ID 90223062 with Oriental Bank Of Commerce was fully satisfied on 22 Dec 2005.
Charges
A charge registered on 20 Jul 1999 via Charge ID 90223042 with Oriental Bank Of Commerce was fully satisfied on 22 Dec 2005.

13 earlier events are in the company report.

Frequently asked questions

Syndicate Exhaust Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 September 1987 (39+ years old) and is registered under CIN U51502MH1987PTC044765.

Syndicate Exhaust Systems has 2 current directors:

The latest financial statements of Syndicate Exhaust Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Syndicate Exhaust Systems is 27AAHCS5088A1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCS5088A1Z7 (Karnataka).

The CIN (Corporate Identification Number) of Syndicate Exhaust Systems is U51502MH1987PTC044765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Syndicate Exhaust Systems was incorporated on 24 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.

Syndicate Exhaust Systems has 4 deals on record (4 secondary share transfers); the latest was in January 2022.

Prabhjot Singh Jaswant Singh Chandhok ceased to be Director on 05 Jun 2021. Shakuntala Jaswantsingh Chandhok ceased to be Director on 01 Jan 2016. Inderjot Singh Chandhok was appointed as Director on 24 Sep 1987. Syndicate Exhaust Systems has 4 board changes on record in total.

Syndicate Exhaust Systems can be reached through the website syndicateexhaust.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Syndicate Exhaust Systems is at 23 Zakaria Aghadi Estate Marol – Maroshi Road Marol Andheri E, Mumbai, Maharashtra, India – 400059.