About Synetics Automation Solutions Private Limited
Data last updated:
Synetics Automation Solutions Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 11 November 2009.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2009PTC015587. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Vijayaram Balasundaram and Karthik Soundararajan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 410/2 Nehru Nagar West Tex Park Road Civil Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 93.5%) and EBITDA of ₹2.25 Cr (EBITDA margin 93.9%). Revenue has declined at a compounded annual rate (CAGR) of 214% over three years and 3% over five years.
The company had about 17 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹1.07 Cr on record. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹6 Lakh; the latest was in November 2016. Its 7 peer companies in the Automobiles industry (Auto Ancillary, Automation), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Creative Technospares Private Limited with revenue of ₹2.41 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 2 micro and small suppliers.
The last known website on record is adnaautomation.com.
Company details
Contact details
Synetics Automation Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is adnaautomation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address410/2 Nehru Nagar West Tex Park Road Civil Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Synetics Automation Solutions 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 Synetics Automation Solutions Private Limited
FY 2023 filings availableSynetics Automation Solutions Private Limited reported revenue of ₹2.4 Cr (up 1200300% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.9% | ||||
| Net Profit Margin | 93.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Synetics Automation Solutions Private Limited, buy the company report.
Board of directors of Synetics Automation Solutions Private Limited
Synetics Automation Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayaram Balasundaram | Director | 11 Nov 2009 | 16 Years 11 Months | As last reported |
| Karthik Soundararajan Also directs: Alyss Edusolutions Private Limited | Director | 11 Nov 2009 | 16 Years 11 Months | As last reported |
Peer comparison
Synetics Automation Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Automation), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Technospares Private Limited | ₹2.41 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Spectronova Technologies Private Limited | ₹2.41 Cr (FY 2024) | 39.0% | Thane, Maharashtra, India | |||
| Sae India Private Limited | ₹2.41 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Riviera Auto Components Private Limited | ₹2.4 Cr (FY 2024) | 16.0% | Chennai, Tamil Nadu, India | |||
| Synetics Automation Solutions Private Limitedthis company | ₹2.4 Cr (FY 2023) | ₹2.24 Cr | 93.5% | 1200300.0% | Coimbatore, Tamil Nadu, India | |
| Sanjay Kaizen Industries Private Limited | ₹2.4 Cr (FY 2025) | 0.0% | Aurangabad, Maharashtra, India | |||
| Eeshaan Automation Private Limited | ₹2.39 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Sarco Equipments Pvt. Ltd. | ₹2.39 Cr (FY 2024) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Synetics Automation Solutions Private Limited, buy the company report.
Auditor
Synetics Automation Solutions Private Limited is audited by SUBBACHAR & SRINIVASAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBBACHAR & SRINIVASAN | FY 2023 | 004083S |
Shareholding
The shareholding of Synetics Automation Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synetics Automation Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2012 | 10347338 | State Bank of India | ₹1.07 Cr | Satisfied |
To see the full charge records of Synetics Automation Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Synetics Automation Solutions Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹6 Lakh; the latest was in November 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Rights issue | ₹18 Lakh | Investors: 2 individuals |
| Mar 2012 | Funding round | ₹6 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Synetics Automation Solutions 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
Synetics Automation Solutions Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 3 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Silverstone Engineering | |||
| an individual supplier |
To see the full MSME payment records of Synetics Automation Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Synetics Automation Solutions 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 Synetics Automation Solutions Private Limited, buy the company report.
Recent activity
Synetics Automation Solutions Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Karthik Soundararajan was appointed as Director on 11 Nov 2009.
Frequently asked questions
Synetics Automation Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Synetics Automation Solutions was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 11 November 2009 and is registered under CIN U74999TZ2009PTC015587. The company has been struck off by the Registrar of Companies and is no longer operational.
Synetics Automation Solutions had 2 directors:
- Vijayaram Balasundaram - Director
- Karthik Soundararajan - Director
The CIN (Corporate Identification Number) of Synetics Automation Solutions is U74999TZ2009PTC015587. 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 Synetics Automation Solutions is at 4102 Nehru Nagar West Tex Park Road Civil Aerodrome Post, Coimbatore, Tamil Nadu, India – 641014.
Synetics Automation Solutions was incorporated on 11 November 2009. It is registered with the Registrar of Companies, Coimbatore.
Synetics Automation Solutions can be reached through the website adnaautomation.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of Synetics Automation Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Synetics Automation Solutions has 1 GST registration on record and it is cancelled or inactive.
Synetics Automation Solutions operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.
Synetics Automation Solutions has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹6 Lakh; the latest was in November 2016.
The peers of Synetics Automation Solutions by revenue are Creative Technospares Private Limited, Spectronova Technologies Private Limited, Sae India Private Limited, Riviera Auto Components Private Limited, Sanjay Kaizen Industries Private Limited and 2 more, all in the Automobiles industry (Auto Ancillary, Automation), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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