About Syntel Private Limited
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Syntel Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Syntel Llc (Formerly Known Syntel Inc). It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1992PTC066730. Its GSTIN is 27AAACS8305D1ZM (Maharashtra). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹59.05 Lakh. It was formerly known as Syntel Limited and Syntel (India) Limited. It is led by directors Neeluthodi Cheerakuzhi Ajith and Radhakrishnan Sreeram.
Its last annual general meeting (AGM) was held on 28 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No.112 Sdf IV Seepz Andheri (E), Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2024, the company reported a revenue of ₹4,090 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹114 Cr (net margin 2.8%) and EBITDA of ₹523 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
The company has about 15,601 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹68.86 Lakh and satisfied charges of ₹25 Cr on record. Court records list 77 cases involving the company, including 21 filed by the company and 36 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syntelinc.com.
Name History of Syntel Private Limited
Syntel has undergone 4 name changes throughout its history. The current legal name is Syntel Private Limited.
| Company Name | Status |
|---|---|
| Syntel Private Limited | Current |
| Syntel Limited | Previous |
| Syntel (India) Limited | Previous |
| Syntel Software Private Limited | Previous |
| Syntel Software Limited | Previous |
CIN History of Syntel Private Limited
Syntel has one previous CIN (Corporate Identification Number): U72200MH1992PLC066730. The current CIN is U72200MH1992PTC066730, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1992PTC066730 | Current |
| U72200MH1992PLC066730 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No.112 Sdf IV Seepz Andheri (E), Mumbai, Maharashtra, India – 400096
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Syntel Private Limited
The main business activity of Syntel is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Syntel Private Limited FY 2024 filings available
Syntel Private Limited reported revenue of ₹4,090 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Syntel Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 1% growth in the latest year. EBITDA fell 27% 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 of Syntel Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹523 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹114 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 of Syntel Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Syntel are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Syntel Private Limited
Syntel has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeluthodi Cheerakuzhi Ajith Also directs: Syntel International Private Limited, Syntel Software Private Limited, Anthelio Business Technologies Private Limited and 5 more | Additional Director | 21 May 2025 | 1 Years 4 Months | Current |
| Radhakrishnan Sreeram Also directs: Syntel International Private Limited, Syntel Software Private Limited, Anthelio Business Technologies Private Limited and 5 more | Additional Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Peer Comparison of Syntel Private Limited
Syntel Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Birlasoft Limited Listed | ₹5,483.78 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| KPMG Global Services Private Limited | ₹5,084 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Gurgaon, Haryana, India |
| Fidelity Business Services India Private Limited | ₹4,718.51 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Us Technology International Private Limited | ₹4,352.01 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kulathoor, Kerala, India |
| Compuage Infocom Limited | ₹4,223.95 Cr (FY 2022) | •••• | •••• | 13.0% | •••• | Andheri(East) Mumbai, Tamil Nadu, India |
| Syntel Private Limited this company | ₹4,090 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Raju Vegesna Infotech and Industries Private Limited | ₹4,062.93 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Sify Technologies Limited | ₹4,041.47 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Siemens Technology and Services Private Limited | ₹3,856.11 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Oracle Solution Services (India) Private Limited | ₹3,701.1 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bengaluru, Karnataka, India |
| Bny Mellon International Operations (India) Private Limited | ₹3,506 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Syntel by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Syntel Private Limited
Syntel Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Syntel Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Syntel Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2024 | Jp Morgan Chase Bank, N.A. | ₹68.86 Lakh | Open |
| 26 Mar 2018 | Others | ₹25 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Syntel Private Limited
Syntel Private Limited has 77 court cases on record: 21 filed by Syntel, 36 filed against it, 20 where it is another party. 15 cases are pending and 62 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 48 | 21 | 4 |
| District courts | 29 | 15 | 11 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Capricorn Logistics Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Capricorn Logistics Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Novex Communications Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Novex Communications Private Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed by the company against Effective Tele Services Private Limited | Pending |
Full case history
All 77 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Syntel Private Limited
Syntel Private Limited has 6 MSME Form 1 returns on record between 2018 and 2020, listing 456 overdue payments to 42 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 (5 of 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eapps Technologies | •••• | •••• | •••• |
| Stratosphere IT Services Private Limited | •••• | •••• | •••• |
| Blueberry IT Solutions Consulting LLP | •••• | •••• | •••• |
| Altezzasys Systems Private Limited | •••• | •••• | •••• |
| Maxglobal Techno Systems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Syntel Private Limited
Syntel Private Limited has a workforce of 15,601 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Syntel Private Limited
Syntel has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Visual Bi Solutions (India) Private Limited | U72200TN2011PTC080562 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Syntel Private Limited
Syntel Private Limited has 20 board changes on record since 2006: 4 appointments and 16 cessations. The latest: Radhakrishnan Sreeram was appointed as Additional Director on 01 Nov 2025.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Syntel Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Syntel Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Syntel Private Limited
Syntel has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8305D1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AAACS8305D2ZL | Maharashtra | Active | 09 Jul 2017 |
| 06AAACS8305D1ZQ | Haryana | Active | 01 Jul 2017 |
| 33AAACS8305D1ZT | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Syntel Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Syntel Private Limited
Frequently Asked Questions about Syntel Private Limited
Syntel is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 May 1992 (34+ years old) and is registered under CIN U72200MH1992PTC066730.
Syntel reported revenue of ₹4,090 Cr for FY 2024 (up 1% YoY).
Syntel has 2 current directors:
- Neeluthodi Cheerakuzhi Ajith - Additional Director
- Radhakrishnan Sreeram - Additional Director
Syntel reported a net profit of ₹114 Cr (net margin 2.8%) and EBITDA of ₹523 Cr (EBITDA margin 12.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Syntel is 14% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Syntel is 27AAACS8305D1ZM, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACS8305D2ZL (Maharashtra), 06AAACS8305D1ZQ (Haryana), 33AAACS8305D1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Syntel is U72200MH1992PTC066730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syntel has 77 court cases on record: 21 filed by the company and 36 filed against it. 15 are pending. Most are in the high courts.
Syntel was incorporated on 12 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Syntel by revenue are Birlasoft Limited, KPMG Global Services Private Limited, Fidelity Business Services India Private Limited, Us Technology International Private Limited, Compuage Infocom Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Radhakrishnan Sreeram was appointed as Additional Director on 01 Nov 2025. Nasir Usman Shaikh was appointed as Additional Director on 21 May 2025. Neeluthodi Cheerakuzhi Ajith was appointed as Additional Director on 21 May 2025. Syntel has 20 board changes on record in total.
Syntel has 6 MSME Form 1 returns on record between 2018 and 2020, listing 456 overdue payments to 42 micro and small suppliers. The latest return was filed on 05 May 2020.