About Systematic Industries Limited
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Systematic Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the power cables segment of the manufacturing sector. It was incorporated on 24 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27320MH2000PLC125313. Its GSTIN is 27AAHCS2314K2ZA (Maharashtra). The company holds 5 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544541.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹22.33 Cr. It was formerly known as Systematic Intel Industries Ltd and Systematic Intel Industries Private Limited. It is led by directors including Siddharth Rajendra Agarwal (Managing Director) and Vikas Navin Hegde (Whole-Time Director).
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 418 Nirmal Corporate Centre 4th Floor L.B.S. Marg Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹552.51 Cr, a growth of 23.7% compared to the previous year. For the same year it recorded a net profit of ₹21.03 Cr (net margin 3.8%) and EBITDA of ₹36.63 Cr (EBITDA margin 6.6%). The net worth stands at ₹201.4 Cr (up 148.5% YoY). Total assets are valued at ₹213.79 Cr (up 18.2% YoY).
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Systematic Group. As per MCA filings, the company has open charges of ₹121.7 Cr and satisfied charges of ₹70.92 Cr on record. Court records list 22 cases involving the company, including 17 filed by the company and 5 filed against it; 3 cases are pending. The company has 17 deals on record (12 secondary share transfers, 2 funding rounds, 1 ipo), with disclosed funding of ₹35.1 Lakh; the latest was in October 2025. The company has 94 MSME Form 1 returns on record between 2013 and 2023, listing 1,692 overdue payments to 112 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systematicltd.in.
Company details
Name history
Systematic Industries has undergone 2 name changes throughout its history. The company was previously known as Systematic Intel Industries Ltd, and Systematic Intel Industries Private Limited. The current legal name is Systematic Industries Limited.
| Company Name | Status |
|---|---|
| Systematic Industries Limited | Current |
| Systematic Intel Industries Ltd | Previous |
| Systematic Intel Industries Private Limited | Previous |
CIN history
Systematic Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27320MH2000PLC125313, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27320MH2000PLC125313 | Current |
| U25200MH2000PLC125313 | Previous |
| U25200MH2000PTC125313 | Previous |
| U27320MH2000PLC125313 | Previous |
Contact details
Systematic Industries Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address418 Nirmal Corporate Centre 4th Floor L.B.S. Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryManufacturing, Power Cables
- 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
Systematic Industries operates one associated brand: Systematic Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of galvanized wires and steel products in India. | systematicltd.com |
Business activity
The main business activity of Systematic Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Systematic Industries Limited, buy the company report.
Financials of Systematic Industries Limited
FY 2025-26 filings availableSystematic Industries Limited reported revenue of ₹552.51 Cr (up 23.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 553 | 447 | 370 | 320 | 234 | 175 | 213 |
| Revenue growth | +23.7% | +20.6% | +15.6% | +36.9% | +33.7% | -17.9% | - |
| EBITDA | 36.63 | 34.79 | 24.50 | 13.31 | 8.86 | 5.95 | 9.10 |
| EBITDA margin | +6.6% | +7.8% | +6.6% | +4.2% | +3.8% | +3.4% | +4.3% |
| Profit before tax | 28.13 | 24.82 | 16.61 | 8.46 | 5.27 | 3.87 | 5.34 |
| Net profit | 21.03 | 18.47 | 12.40 | 6.31 | 3.89 | 2.90 | 3.97 |
| Net profit margin | +3.8% | +4.1% | +3.4% | +2.0% | +1.7% | +1.7% | +1.9% |
| EPS (₹) | 10.74 | 10.99 | 125.51 | 95.78 | 59.02 | 43.95 | 60.65 |
| Balance sheet | |||||||
| Total assets | 214 | 181 | 142 | 112 | 79.73 | 68.94 | 62.31 |
| Net worth | 201 | 81.06 | 62.37 | 49.64 | 43.78 | 39.89 | 36.99 |
| Total debt | 9.97 | 99.12 | 79.00 | 62.26 | 35.95 | 29.05 | 25.31 |
| Cash & bank | 12.94 | 4.61 | 1.09 | 0.61 | 0.41 | 0.01 | 0.72 |
| Net working capital | 154 | 119 | 91.05 | 83.93 | 68.28 | 56.39 | 52.51 |
| Cash flow | |||||||
| Cash from operations | 6.07 | 8.56 | 15.19 | (6.75) | (1.16) | 2.42 | (2.26) |
| Cash from investing | (2.37) | (18.84) | (24.46) | (14.97) | (1.74) | (4.04) | (0.38) |
| Cash from financing | 4.63 | 12.60 | 9.76 | 21.91 | 3.31 | 1.39 | 2.80 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 553 | 447 | 370 | 320 | 234 | 175 | 213 |
| Revenue growth | +23.7% | +20.6% | +15.6% | +36.9% | +33.7% | -17.9% | - |
| Other income | 3.84 | 2.69 | 2.30 | 1.42 | 1.94 | 1.78 | 0.46 |
| Total expenses | 516 | 412 | 346 | 307 | 225 | 169 | 204 |
| Employee cost | 0.00 | 14.45 | 13.65 | 10.68 | 7.03 | 5.12 | 6.36 |
| EBITDA | 36.63 | 34.79 | 24.50 | 13.31 | 8.86 | 5.95 | 9.10 |
| EBITDA margin | +6.6% | +7.8% | +6.6% | +4.2% | +3.8% | +3.4% | +4.3% |
| Depreciation | 6.32 | 4.39 | 2.88 | 1.87 | 1.68 | 1.72 | 1.78 |
| Interest | 6.02 | 8.27 | 7.31 | 4.40 | 3.85 | 2.14 | 2.44 |
| Profit before tax | 28.13 | 24.82 | 16.61 | 8.46 | 5.27 | 3.87 | 5.34 |
| Tax | 7.10 | 6.35 | 4.21 | 2.15 | 1.38 | 0.97 | 1.37 |
| Net profit | 21.03 | 18.47 | 12.40 | 6.31 | 3.89 | 2.90 | 3.97 |
| Net profit margin | +3.8% | +4.1% | +3.4% | +2.0% | +1.7% | +1.7% | +1.9% |
| EPS (₹) | 10.74 | 10.99 | 125.51 | 95.78 | 59.02 | 43.95 | 60.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 22.33 | 16.80 | 0.99 | 0.66 | 0.66 | 0.66 | 0.66 |
| Reserves & surplus | 179 | 64.26 | 61.38 | 48.98 | 43.12 | 39.23 | 36.33 |
| Shareholders' funds (net worth) | 201 | 81.06 | 62.37 | 49.64 | 43.78 | 39.89 | 36.99 |
| Secured loans | 5.45 | 94.14 | 79.00 | 62.26 | 35.25 | 28.20 | 23.42 |
| Unsecured loans | 4.52 | 4.98 | 0.00 | 0.00 | 0.70 | 0.85 | 1.89 |
| Total debt | 9.97 | 99.12 | 79.00 | 62.26 | 35.95 | 29.05 | 25.31 |
| Total liabilities | 214 | 181 | 142 | 112 | 79.73 | 68.94 | 62.31 |
| Assets | |||||||
| Gross block | 87.84 | 84.28 | 45.13 | 43.17 | 25.87 | 25.54 | 21.00 |
| Net block | 57.82 | 60.59 | 25.83 | 26.74 | 11.24 | 12.58 | 9.77 |
| Capital work in progress | 1.89 | 0.86 | 21.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 56.43 | 40.20 | 34.27 | 25.69 | 15.63 | 14.43 | 9.45 |
| Sundry debtors | 77.08 | 79.04 | 52.06 | 58.03 | 39.81 | 31.19 | 36.35 |
| Cash & bank balances | 12.94 | 4.61 | 1.09 | 0.61 | 0.41 | 0.01 | 0.72 |
| Loans & advances | 28.00 | 13.99 | 22.98 | 17.36 | 21.75 | 18.97 | 16.11 |
| Total current assets | 174 | 138 | 110 | 102 | 77.60 | 64.60 | 62.63 |
| Total current liabilities | 20.63 | 18.68 | 19.35 | 17.76 | 9.32 | 8.21 | 10.12 |
| Net working capital | 154 | 119 | 91.05 | 83.93 | 68.28 | 56.39 | 52.51 |
| Total assets | 214 | 181 | 142 | 112 | 79.73 | 68.94 | 62.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.61 | 2.29 | 0.61 | 0.41 | 0.01 | 0.25 | 0.08 |
| Net cash from operating activities | 6.07 | 8.56 | 15.19 | (6.75) | (1.16) | 2.42 | (2.26) |
| Net cash from investing activities | (2.37) | (18.84) | (24.46) | (14.97) | (1.74) | (4.04) | (0.38) |
| Net cash from financing activities | 4.63 | 12.60 | 9.76 | 21.91 | 3.31 | 1.39 | 2.80 |
| Net change in cash | 8.33 | 2.32 | 0.48 | 0.19 | 0.40 | (0.24) | 0.17 |
| Closing cash | 12.94 | 4.61 | 1.09 | 0.61 | 0.41 | 0.01 | 0.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +23.7% | +20.6% | +15.6% | +36.9% | +33.7% | -17.9% | - |
| EBITDA growth | +5.3% | +42.0% | +84.1% | +50.2% | +48.9% | -34.6% | - |
| PBT growth | +13.3% | +49.4% | +96.3% | +60.5% | +36.2% | -27.5% | +9997.0% |
| Net income growth | +13.9% | +49.0% | +96.5% | +62.2% | +34.1% | -27.0% | - |
| Revenue CAGR (3Y) | +19.9% | +24.0% | +28.4% | +14.6% | - | - | - |
| EBITDA CAGR (3Y) | +40.1% | +57.8% | +60.3% | +13.5% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +3.8% | +4.1% | +3.4% | +2.0% | +1.7% | +1.7% | +1.9% |
| Return on capital employed | - | +20.5% | +18.8% | +13.4% | +12.3% | +9.2% | +13.6% |
| Return on net worth | - | +25.8% | +22.2% | +13.5% | +9.3% | +7.5% | +11.4% |
| Debt / equity | - | 1.24 | 1.26 | 1.05 | 0.78 | 0.71 | 0.64 |
| Long-term debt / equity | - | 0.33 | 0.34 | 0.26 | 0.18 | 0.14 | 0.09 |
| Interest cover | 19.86 | 27.20 | 33.81 | 38.46 | 53.62 | 50.59 | 33.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.90 | 8.39 | 9.28 | 9.11 | 7.53 | 12.49 |
| Inventory turnover | - | 11.99 | 12.35 | 15.51 | 15.57 | 14.67 | 34.10 |
| Debtors turnover | - | 6.81 | 6.73 | 6.55 | 6.59 | 5.19 | 5.92 |
| EPS (₹) | 10.74 | 10.99 | 125.51 | 95.78 | 59.02 | 43.95 | 60.65 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Book value per share (₹) | 0.00 | 48.10 | 631.01 | 753.18 | 664.36 | 605.34 | 561.39 |
To see the full year-wise statements and ratios of Systematic Industries Limited, buy the company report.
Board of directors of Systematic Industries Limited
Systematic Industries has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Rajendra Agrawal | Director | 01 Dec 2015 | 10 Years 11 Months | Current |
| Siddharth Rajendra Agarwal | Managing Director | 24 Mar 2000 | 26 Years 7 Months | Current |
| Archana Surendra Yadav | Director | 15 Jan 2025 | 1 Years 9 Months | Current |
| Vikas Navin Hegde | Whole-Time Director | 06 Nov 2024 | 1 Years 11 Months | Current |
| Gunjan Mahesh Saboo Also directs: Vande Urjaa LLP, Vayudoot Energy Solutions Private Limited | Director | 20 Mar 2026 | 0 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2026 | 101399960 | Axis Bank Limited | ₹22.6 Cr | Open | |
| 28 Jul 2025 | 101139126 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 29 Jan 2024 | 100866283 | Hdfc Bank Limited | ₹12 Cr | Open | |
| 05 Dec 2023 | 100837012 | Hdfc Bank Limited | ₹22 Cr | Open | |
| 25 Sep 2023 | 100796617 | Axis Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Systematic Industries Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Systematic Industries Limited has 17 deals on record (12 secondary share transfers, 2 funding rounds, 1 ipo), with disclosed funding of ₹35.1 Lakh; the latest was in October 2025.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹10.85 Cr | Buyer: India Equity Fund 1, Mansi Share and Stock Broking Private Limited , Finavenue Growth Fund |
| Sep 2025 | IPO | ₹115.6 Cr | Investors: Public Market Investors Seller: Siddhant Ispat Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Siddhant Ispat Private Limited Seller: an individual |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Siddhant Ispat Private Limited , an individual Seller: an individual |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Manasi Trading Private Limited |
To see the full deal history of Systematic Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Systematic Industries Limited has 22 court cases on record: 17 filed by Systematic Industries, 5 filed against it. 3 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 4 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SW) | Filed by the company against Colt Cables Pvt Ltd. and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Tata Teleservices Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Greenspan Agri-Tech Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Tata Teleservices Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Jumbo Tanks and Equipments Pvt Ltd and 2 others | Disposed |
To see the full case history of Systematic Industries 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
Systematic Industries Limited has 94 MSME Form 1 returns on record between 2013 and 2023, listing 1,692 overdue payments to 112 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 112)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Mti Logistics Private Limited |
To see the full MSME payment records of Systematic Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Systematic Industries has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS2314K2ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AAHCS2314K3Z9 | Maharashtra | Active | 07 Mar 2018 |
| 26AAHCS2314K1ZD | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 24AAHCS2314K1ZH | Gujarat | Active | 17 May 2022 |
To see the full GST registrations and return filing status of Systematic Industries Limited, buy the company report.
Recent activity
Systematic Industries Limited has 12 board changes on record since 2000: 7 appointments and 5 cessations. The latest: Gunjan Mahesh Saboo was appointed as Director on 20 Mar 2026.
28 earlier events are in the company report.
Frequently asked questions
Systematic Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in power cables, within the manufacturing industry. It was incorporated on 24 March 2000 (26+ years old) and is registered under CIN L27320MH2000PLC125313. Listed on BSE: 544541.
Systematic Industries reported revenue of ₹552.51 Cr for FY 2025-26 (up 23.7% YoY) based on standalone financials.
Systematic Industries has 5 current directors:
- Siddharth Rajendra Agarwal - Managing Director
- Vikas Navin Hegde - Whole-Time Director
- Satya Rajendra Agrawal - Director
- Archana Surendra Yadav - Director
- Gunjan Mahesh Saboo - Director
The latest financial statements of Systematic Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Systematic Industries is 27AAHCS2314K2ZA, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCS2314K3Z9 (Maharashtra), 26AAHCS2314K1ZD (Dadra and Nagar Haveli and Daman and Diu), 24AAHCS2314K1ZH (Gujarat).
The CIN (Corporate Identification Number) of Systematic Industries is L27320MH2000PLC125313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Systematic Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 544541).
Systematic Industries has 22 court cases on record: 17 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Systematic Industries was incorporated on 24 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Systematic Industries has 17 deals on record (12 secondary share transfers, 2 funding rounds, 1 ipo), with disclosed funding of ₹35.1 Lakh; the latest was in October 2025.
Gunjan Mahesh Saboo was appointed as Director on 20 Mar 2026. Siddharth Rajendra Agarwal ceased to be Director on 29 Jan 2025. Vikas Navin Hegde ceased to be Additional Director on 29 Jan 2025. Systematic Industries has 12 board changes on record in total.
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