About Synegra Ems Limited
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Synegra Ems Limited was a public limited company based in Salcette, Goa, India, operated as a subsidiary of Smartlink Holdings Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 August 2016.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U31909GA2016PLC012969. Its GSTIN is 30AAXCS4455K1ZU (Goa).
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It was led by directors including Kamalaksha Rama Naik (Whole-Time Director) and Nitin Anant Kunkolienker.
Its last annual general meeting (AGM) was held on 10 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No. L – 5A Verna Industrial Estate Verna, Salcette, Goa, India – 403722.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.24 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Cr (net margin 3.3%) and EBITDA of ₹6.13 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years and 32% over five years.
The company had about 53 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Smartlink Holdings. As per MCA filings, the company had satisfied charges of ₹12.37 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹24.9 Cr; the latest was in February 2023. Its 4 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Circuit Systems (India) Private Limited with revenue of ₹90.1 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 1 micro and small supplier.
The last known website on record is synegra.com.
Company details
Contact details
Synegra Ems Limited's registered office is in Salcette, Goa. Its website is synegra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. L – 5A Verna Industrial Estate Verna, Salcette, Goa, India – 403722
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Synegra Ems 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
Brands
Synegra Ems operates one associated brand: Smartlink Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Network infrastructure services are provided to clients in India. | smartlinkholdings.com |
Business activity
The main business activity of Synegra Ems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Synegra Ems Limited, buy the company report.
Financials of Synegra Ems Limited
FY 2024 filings availableSynegra Ems Limited reported revenue of ₹89.24 Cr (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 62% growth in the latest year. EBITDA rose 216% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹89.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.96 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Synegra Ems Limited, buy the company report.
Board of directors and KMP of Synegra Ems Limited
Synegra Ems Limited currently reports 4 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Anant Kunkolienker Also directs: Smartlink Holdings Limited, Advani Hotels and Resorts (India) Limited, Ishan Technopac Solutions Private Limited and 4 more | Director | 28 Mar 2017 | 9 Years 6 Months | As last reported |
| Karkala Guruprasad Prabhu | Cfo | 06 May 2022 | 4 Years 5 Months | As last reported |
| Satish Vishnu Godbole Also directs: Smartlink Holdings Limited, Digisol Systems Limited | Director | 01 May 2024 | 2 Years 5 Months | As last reported |
| Kamalaksha Rama Naik Also directs: Smartlink Holdings Limited, Digisol Systems Limited | Whole-Time Director | 17 Aug 2016 | 10 Years 2 Months | As last reported |
| Chandrashekhar Maruti Gaonkar | Additional Director | 10 Aug 2024 | 2 Years 2 Months | As last reported |
Peer comparison
Synegra Ems Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Circuit Systems (India) Private Limited | ₹90.1 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Synegra Ems Limited this company | ₹89.24 Cr (FY 2024) | ₹2.96 Cr | 3.3% | 62.0% | 53 | Salcette, Goa, India |
| Tecniqua India Private Limited | ₹88.57 Cr (FY 2025) | 78.0% | Noida, Uttar Pradesh, India | |||
| Sun Data Processing Private Limited | ₹88.02 Cr (FY 2025) | 36.0% | Vasai, Maharashtra, India | |||
| Neo Power Electronics and Projects Private Limited | ₹87.14 Cr (FY 2025) | 32.0% | Thane, Maharashtra, India |
To see the full peer comparison of Synegra Ems Limited, buy the company report.
Auditor
Synegra Ems Limited is audited by M S K A and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A and Associates | FY 2024 | 105047W |
Shareholding
The shareholding of Synegra Ems Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synegra Ems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2023 | 100727056 | Others | ₹2 Cr | Satisfied | |
| 12 May 2023 | 100727052 | Others | ₹2.5 Cr | Satisfied | |
| 21 Oct 2020 | 100384837 | Hdfc Bank Limited | ₹36.72 Lakh | Satisfied | |
| 03 Apr 2019 | 100257667 | Hdfc Bank Limited | ₹5.5 Cr | Satisfied | |
| 29 Nov 2017 | 100140003 | Hdfc Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Synegra Ems Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Synegra Ems Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹24.9 Cr; the latest was in February 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Funding round | ₹10 Cr | Investors: Smartlink Holdings Limited |
| Mar 2022 | Funding round | ₹10.5 Cr | Investors: Smartlink Holdings Limited |
| Oct 2016 | Funding round | ₹4.4 Cr | Investors: Smartlink Holdings Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Synegra Ems Limited has 2 court cases on record: 2 filed by Synegra Ems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Original application | Filed by the company against Dexcel Electronics Designs Private Limited and 2 others | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Synegra Ems 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
Synegra Ems Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Synegra Ems Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Synegra Ems Limited has a workforce of 53 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Synegra Ems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAXCS4455K1ZU | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synegra Ems Limited, buy the company report.
Recent activity
Synegra Ems Limited has 15 board changes on record since 2016: 5 appointments and 10 cessations. The latest: Chandrashekhar Maruti Gaonkar was appointed as Additional Director on 10 Aug 2024.
18 earlier events are in the company report.
Frequently asked questions
Synegra Ems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Synegra Ems was a public limited company based in Salcette, Goa, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 August 2016 and is registered under CIN U31909GA2016PLC012969. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Synegra Ems was incorporated on 17 August 2016. It is registered with the Registrar of Companies, Goa.
Synegra Ems had 5 directors and KMP:
- Kamalaksha Rama Naik - Whole-Time Director
- Nitin Anant Kunkolienker - Director
- Satish Vishnu Godbole - Director
- Chandrashekhar Maruti Gaonkar - Additional Director
- Karkala Guruprasad Prabhu - Cfo
The CIN (Corporate Identification Number) of Synegra Ems is U31909GA2016PLC012969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Synegra Ems is at Plot No. L – 5A Verna Industrial Estate Verna, Salcette, Goa, India – 403722.
Synegra Ems can be reached through the website synegra.com. Its registered office is in Salcette, Goa, India.
The latest financial statements of Synegra Ems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 August 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Synegra Ems is 30AAXCS4455K1ZU, registered in Goa.
Synegra Ems operated in the information technology industry, in the electronic components and equipment manufacturing segment.
Synegra Ems has 3 deals on record (3 funding rounds), with disclosed funding of ₹24.9 Cr; the latest was in February 2023.
The peers of Synegra Ems by revenue are Circuit Systems (India) Private Limited, Tecniqua India Private Limited, Sun Data Processing Private Limited, Neo Power Electronics and Projects Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).