About Synectic Infotech Private Limited
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Synectic Infotech Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2002PTC039432. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.5 Lakh. It is led by directors Venkateswara Rao Pampana (Managing Director) and Pampana Venkata Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 10 – 1 – 47 2nd Floor Dutt Island Siripuram Junction, Visakhapatnam, Andhra Pradesh, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.8 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹59,777 (net margin 3.8%) and EBITDA of ₹3.58 Lakh (EBITDA margin 22.7%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.7 Lakh 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 synectic.in.
Company details
Contact details
Synectic Infotech Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is synectic.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address10 – 1 – 47 2nd Floor Dutt Island Siripuram Junction, Visakhapatnam, Andhra Pradesh, India
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Synectic Infotech 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
Financials of Synectic Infotech Private Limited
FY 2020 filings availableSynectic Infotech Private Limited reported revenue of ₹15.8 Lakh (up 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 6% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹15.8 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.58 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹59,777 | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 22.7% | |||
| Net Profit Margin | 3.8% | |||
| 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 Synectic Infotech Private Limited, buy the company report.
Board of directors of Synectic Infotech Private Limited
Synectic Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Rao Pampana | Managing Director | 08 Aug 2002 | 24 Years 3 Months | Current |
| Pampana Venkata Lakshmi | Director | 08 Aug 2002 | 24 Years 3 Months | Current |
Auditor
Synectic Infotech Private Limited is audited by V SRINIVASU & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SRINIVASU & ASSOCIATES | FY 2018 | 007739S |
Shareholding
The shareholding of Synectic Infotech Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Synectic Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2010 | 10218329 | City Union Bank Limited | ₹2 Lakh | Open | |
| 19 Aug 2008 | 10119027 | City Union Bank | ₹3 Lakh | Open | |
| 06 Aug 2008 | 10118981 | City Union Bank Limited | ₹10 Lakh | Open | |
| 27 Nov 2004 | 90130596 | City Union Bank | ₹2.7 Lakh | Open |
To see the full charge records of Synectic Infotech Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Synectic Infotech 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 Synectic Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synectic Infotech Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Synectic Infotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synectic Infotech Private Limited, buy the company report.
Recent activity
Synectic Infotech Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Pampana Venkata Lakshmi was appointed as Director on 08 Aug 2002.
Frequently asked questions
Synectic Infotech is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 August 2002 (24+ years old) and is registered under CIN U72200AP2002PTC039432.
Synectic Infotech has 2 current directors:
- Venkateswara Rao Pampana - Managing Director
- Pampana Venkata Lakshmi - Director
The latest financial statements of Synectic Infotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
No. Synectic Infotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Synectic Infotech is U72200AP2002PTC039432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synectic Infotech was incorporated on 08 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Vijayawada.
Pampana Venkata Lakshmi was appointed as Director on 08 Aug 2002. Venkateswara Rao Pampana was appointed as Managing Director on 08 Aug 2002.
Synectic Infotech can be reached through the website synectic.in. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Synectic Infotech is at 10 – 1 – 47 2nd Floor Dutt Island Siripuram Junction, Visakhapatnam, Andhra Pradesh, India.
Synectic Infotech operates in the information technology industry, in the IT consulting and support services segment.
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