About Syscon Energy Conservation Solutions Private Limited
Data last updated:
Syscon Energy Conservation Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2012PTC144521. Its GSTIN is 27AASCS0289G1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhay Dattatraya Karnalkar (Managing Director) and Kirti Abhay Karnalkar.
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 Flat No. 301 S. No. 155/1A Pinnac Kanchanganga Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.47 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹18.49 Lakh (net margin 2.2%) and EBITDA of ₹28.02 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.45 Cr 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 sysconpower.com.
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- Website
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- Registered AddressFlat No. 301 S. No. 155/1A Pinnac Kanchanganga Aundh, Pune, Maharashtra, India – 411007
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Syscon Energy Conservation Solutions Private Limited
The main business activity of Syscon Energy Conservation Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Syscon Energy Conservation Solutions Private Limited FY 2024 filings available
Syscon Energy Conservation Solutions Private Limited reported revenue of ₹8.47 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Syscon Energy Conservation Solutions Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 21% 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 Syscon Energy Conservation Solutions 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 | ₹28.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.49 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Syscon Energy Conservation Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Syscon Energy Conservation Solutions 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.
Auditor Details of Syscon Energy Conservation Solutions Private Limited
Syscon Energy Conservation Solutions Private Limited is audited by YERAVDEKAR AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YERAVDEKAR AND ASSOCIATES | 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.
Board of Directors of Syscon Energy Conservation Solutions Private Limited
Syscon Energy Conservation Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Dattatraya Karnalkar Also directs: Sinerco Power Systems Private Limited | Managing Director | 28 Aug 2012 | 14 Years 1 Months | Current |
| Kirti Abhay Karnalkar Also directs: Sinerco Power Systems Private Limited | Director | 28 Aug 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Syscon Energy Conservation Solutions 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 Syscon Energy Conservation Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2017 | Others | ₹1.45 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Syscon Energy Conservation Solutions Private Limited
Syscon Energy Conservation Solutions Private Limited has a workforce of 20 employees as of Apr 07, 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.
Recent Activity on Syscon Energy Conservation Solutions Private Limited
Syscon Energy Conservation Solutions Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Archana Sandeep Badve ceased to be Director on 03 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Syscon Energy Conservation Solutions 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.
MSME Payment Delays by Syscon Energy Conservation Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Syscon Energy Conservation Solutions 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 Syscon Energy Conservation Solutions Private Limited
Syscon Energy Conservation Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS0289G1ZV | Maharashtra | 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 Syscon Energy Conservation Solutions 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.
Frequently Asked Questions about Syscon Energy Conservation Solutions Private Limited
Syscon Energy Conservation Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 August 2012 (14+ years old) and is registered under CIN U74900PN2012PTC144521.
Syscon Energy Conservation Solutions reported revenue of ₹8.47 Cr for FY 2024 (down 4% YoY).
Syscon Energy Conservation Solutions has 2 current directors:
- Abhay Dattatraya Karnalkar - Managing Director
- Kirti Abhay Karnalkar - Director
Syscon Energy Conservation Solutions reported a net profit of ₹18.49 Lakh (net margin 2.2%) and EBITDA of ₹28.02 Lakh (EBITDA margin 3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Syscon Energy Conservation Solutions is 18% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Syscon Energy Conservation Solutions is 27AASCS0289G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Syscon Energy Conservation Solutions is U74900PN2012PTC144521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syscon Energy Conservation Solutions was incorporated on 28 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Archana Sandeep Badve ceased to be Director on 03 Jun 2019. Abhay Dattatraya Karnalkar was appointed as Managing Director on 28 Aug 2012. Kirti Abhay Karnalkar was appointed as Director on 28 Aug 2012.
Syscon Energy Conservation Solutions can be reached through the website sysconpower.com. Its registered office is in Pune, Maharashtra, India.