Syntel Solutions (India) Private Limited

Syntel Solutions (India) Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2010FTC137168 Incorporated 23 August 2010 ROC Pune HQ Pune, Maharashtra, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹2.69 Cr
▼ 47% YoY
Net loss · FY 2025
₹4.92 Cr
Net margin -182.9%
EBITDA · FY 2025
₹1.2 Cr
EBITDA margin 44.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.12 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings

About Syntel Solutions (India) Private Limited

Data last updated:

Syntel Solutions (India) Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Syntel Solutions (Mauritius) Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 August 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2010FTC137168. Its GSTIN is 27AADCT5744N1ZS (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.12 Lakh. It was formerly known as Trizetto Syntel Services (India) Private Limited. It is led by directors Neeluthodi Cheerakuzhi Ajith and Radhakrishnan Sreeram.

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 Ology Park, Pune, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.69 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹4.92 Cr (net margin -182.9%) and EBITDA of ₹1.2 Cr (EBITDA margin 44.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.

The company has about 6 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed by the company.

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.

Company details

CIN U72900PN2010FTC137168
Registration Number 137168
Incorporation Date 23 August 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Syntel Solutions (Mauritius) Limited
Compliance Status Active Compliant

Contact details

Syntel Solutions (India) Private Limited's registered office is in Pune, Maharashtra. Its website is syntelinc.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Ground Floor S2 Software Block Plot B – 1/B – 2 Dehu Alandi Road MIDC Talawade Software Techn, Ology Park, Pune, Maharashtra, India – 412114
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Syntel Solutions (India) Private Limited, buy the company report.

Comprehensive company report
Syntel Solutions (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Syntel Solutions (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Syntel Solutions (India) Private Limited, buy the company report.

Financials of Syntel Solutions (India) Private Limited

FY 2024 filings available

Syntel Solutions (India) Private Limited reported revenue of ₹2.69 Cr (down 47% YoY) for FY 2025.

Revenue · FY 2025
₹2.69 Cr ▼ 47%
Net loss · FY 2025
₹4.92 Cr margin -182.9%
EBITDA · FY 2025
₹1.2 Cr margin 44.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%

Revenue fell 47% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 67% 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₹1.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.92 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin44.6%
Net Profit Margin-182.9%
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 Syntel Solutions (India) Private Limited, buy the company report.

Board of directors of Syntel Solutions (India) Private Limited

Syntel Solutions (India) has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neeluthodi Cheerakuzhi AjithAdditional Director21 May 20251 Years 5 MonthsCurrent
Radhakrishnan SreeramAdditional Director01 Nov 20251 Years 0 MonthsCurrent

Peer comparison

Syntel Solutions (India) Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Goldenlion Consulting Services Private Limited₹2.7 Cr (FY 2025)14.0%Kolkata, West Bengal, India
Vidya Mantra Edusystems Private Limited₹2.69 Cr (FY 2024)1.0%New Delhi, Delhi, India
Syntel Solutions (India) Private Limitedthis company₹2.69 Cr (FY 2025)-₹4.92 Cr-182.9%-47.0%Pune, Maharashtra, India
Data Exim Private Limited₹2.67 Cr (FY 2024)-5.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Syntel Solutions (India) Private Limited, buy the company report.

Auditor

Syntel Solutions (India) Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co LLPFY 2023001076N/N500013

Shareholding

The shareholding of Syntel Solutions (India) 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 Syntel Solutions (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Syntel Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Syntel Solutions (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCT5744N1ZSMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Syntel Solutions (India) Private Limited, buy the company report.

Recent activity

Syntel Solutions (India) Private Limited has 15 board changes on record since 2011: 4 appointments and 11 cessations. The latest: Radhakrishnan Sreeram was appointed as Additional Director on 01 Nov 2025.

Appointed
Radhakrishnan Sreeram was appointed as Additional Director.
Ceased
Mini Sony Kochupurakal ceased to be Additional Director.
Appointed
Nasir Usman Shaikh was appointed as Additional Director.
Appointed
Neeluthodi Cheerakuzhi Ajith was appointed as Additional Director.
Ceased
Radhakrishnan Sreeram ceased to be Additional Director.
AGM
Syntel Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Syntel Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Murlidhar Samala ceased to be Additional Director.
Ceased
Daniel Michael Moore ceased to be Director.
Ceased
Rakesh Hansraj Khanna ceased to be Additional Director.
Ceased
Nitin Rakesh ceased to be Director.
Ceased
Anil Banwarilal Agrawal ceased to be Additional Director.

6 earlier events are in the company report.

Frequently asked questions

Syntel Solutions (India) is an active foreign private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 August 2010 (16+ years old) and is registered under CIN U72900PN2010FTC137168.

Syntel Solutions (India) has 2 current directors:

The latest financial statements of Syntel Solutions (India) 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 Syntel Solutions (India) is 27AADCT5744N1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Syntel Solutions (India) is U72900PN2010FTC137168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Syntel Solutions (India) has 1 court case on record: 1 filed by the company.

Syntel Solutions (India) was incorporated on 23 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Syntel Solutions (India) by revenue are Goldenlion Consulting Services Private Limited, Vidya Mantra Edusystems Private Limited, Data Exim Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Radhakrishnan Sreeram was appointed as Additional Director on 01 Nov 2025. Mini Sony Kochupurakal ceased to be Additional Director on 23 May 2025. Nasir Usman Shaikh was appointed as Additional Director on 21 May 2025. Syntel Solutions (India) has 15 board changes on record in total.

Syntel Solutions (India) can be reached through the website syntelinc.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Syntel Solutions (India) is at Ground Floor S2 Software Block Plot B – 1B – 2 Dehu Alandi Road MIDC Talawade Software Techn, Ology Park, Pune, Maharashtra, India – 412114.