MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0230370
Systematic Steel Industries Private Limited - manufacturing in W.E.F. 25/12 2001, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.55 Cr
▲ 103% YoY
Net profit · FY 2024
₹6.29 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹9.58 Lakh
EBITDA margin 2.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.1 Cr
Issued & subscribed
Satisfied charges
₹10.22 Cr
No open charges
Company age
38 yrs
Est. 1988
Employees · EPFO
43
Provident fund records
About Systematic Steel Industries Private Limited
Data last updated:
Systematic Steel Industries Private Limited is a private limited company based in W.E.F. 25/12 2001, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 30 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH1988PTC050220. Its GSTIN is 27AAACA3371M2ZK (Maharashtra). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.1 Cr. It is led by directors Rajendra Jaganprasad Agrawal and Shruti Rajendra Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Runwal Height 1st Floor L.B.S. Marg Mulund West Mumbai – 80, W.E.F. 25/12 2001, Maharashtra, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.55 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net profit of ₹6.29 Lakh (net margin 1.4%) and EBITDA of ₹9.58 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10.22 Cr on record.
Systematic Steel Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0230370). 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.com.
Company details
CIN U27200MH1988PTC050220
Registration Number 050220
Incorporation Date 30 December 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0230370
CIN history
Systematic Steel Industries has one previous CIN (Corporate Identification Number): U27200MH1988PLC050220. The current CIN is U27200MH1988PTC050220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27200MH1988PTC050220 | Current |
| U27200MH1988PLC050220 | Previous |
Recognitions & Rankings of Systematic Steel Industries
Contact details
Systematic Steel Industries Private Limited's registered office is in W.E.F. 25/12 2001, Maharashtra. Its website is systematicltd.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressRunwal Height 1st Floor L.B.S. Marg Mulund West Mumbai – 80, W.E.F. 25/12 2001, Maharashtra, India
- IndustryManufacturing, Cable & Wire
To see the full contact details of Systematic Steel Industries Private Limited, buy the company report.
Comprehensive company report
Systematic Steel Industries 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
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Business activity
The main business activity of Systematic Steel 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 Steel Industries Private Limited, buy the company report.
Financials of Systematic Steel Industries Private Limited
FY 2025 filings availableSystematic Steel Industries Private Limited reported revenue of ₹4.55 Cr (up 103% YoY) for FY 2024.
Revenue · FY 2024
₹4.55 Cr ▲ 103%
Net profit · FY 2024
₹6.29 Lakh margin 1.4%
EBITDA · FY 2024
₹9.58 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 103%
3 years · compounded
▼ 7%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 16%
5 years · compounded
▼ 9%
Revenue rose 103% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 88% 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
| 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 | ₹9.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Systematic Steel Industries Private Limited, buy the company report.
Board of directors of Systematic Steel Industries Private Limited
Systematic Steel Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Jaganprasad Agrawal | Director | 30 Dec 1988 | 37 Years 10 Months | Current |
| Shruti Rajendra Agarwal | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Systematic Steel Industries Private Limited is audited by M B MAJMUDAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B MAJMUDAR & CO. | FY 2023 | 105884W |
Shareholding
The shareholding of Systematic Steel Industries 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 Systematic Steel Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹10.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 1995 | 90237112 | State Bank of India | ₹10.22 Cr | Satisfied |
To see the full charge records of Systematic Steel Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Systematic Steel Industries 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
Systematic Steel Industries Private Limited has 2 MSME Form 1 returns on record between 2017 and 2018, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Systematic Steel Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Systematic Steel Industries Private Limited has a workforce of 43 employees on its EPFO records as of Mar 2025, across 2 active EPFO establishments.
Employee count
43
Active EPFO establishments
2
Employee growth
22.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 43 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Systematic Steel Industries Private Limited, buy the company report.
GST
Systematic Steel Industries has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA3371M2ZK | Maharashtra | Active | 16 Oct 2023 |
| 24AAECS3764N1ZY | Gujarat | Active | 01 Jul 2017 |
| 24AAACA3371M3ZP | Gujarat | Active | 11 Jul 2018 |
| 37AAACA3371M1ZK | Andhra Pradesh | Active | 09 Nov 2018 |
To see the full GST registrations and return filing status of Systematic Steel Industries Private Limited, buy the company report.
Recent activity
Systematic Steel Industries Private Limited has 6 board changes on record since 1988: 2 appointments and 4 cessations. The latest: Shailaja Nair ceased to be Additional Director on 30 Nov 2021.
AGM
Systematic Steel Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Systematic Steel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Shailaja Nair ceased to be Additional Director.
Ceased
Shruti Rajendra Agarwal ceased to be Additional Director.
Ceased
Chandrabhan Jitendrapratap Singh ceased to be Director.
Appointed
Shruti Rajendra Agarwal was appointed as Director.
Ceased
Subhash Rameshchandra Mittal ceased to be Director.
Charges
A charge registered on 23 Sep 1995 via Charge ID 90237112 with State Bank Of India was fully satisfied on 05 Feb 2011.
Charges
A charge with State Bank Of India of Rs. 10.22 Cr registered on 23 Sep 1995 with Charge ID 90237112 was modified on 05 Apr 2005.
Charges
A charge with State Bank Of India amounted to Rs. 10.22 Cr with Charge ID 90237112 was registered on 23 Sep 1995.
Appointed
Rajendra Jaganprasad Agrawal was appointed as Director.
Incorporation
30 Dec 1988
Systematic Steel Industries Private Limited was registered on 30 Dec 1988 with Roc Mumbai I & aged 37 years 10 months as per MCA records.
Frequently asked questions
Systematic Steel Industries is an active private limited company based in W.E.F. 25/12 2001, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 30 December 1988 (38+ years old) and is registered under CIN U27200MH1988PTC050220.
Systematic Steel Industries has 2 current directors:
- Rajendra Jaganprasad Agrawal - Director
- Shruti Rajendra Agarwal - Director
The latest financial statements of Systematic Steel Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Systematic Steel Industries is 27AAACA3371M2ZK, registered in Maharashtra. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 24AAECS3764N1ZY (Gujarat), 24AAACA3371M3ZP (Gujarat), 37AAACA3371M1ZK (Andhra Pradesh).
The CIN (Corporate Identification Number) of Systematic Steel Industries is U27200MH1988PTC050220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systematic Steel Industries was incorporated on 30 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Shailaja Nair ceased to be Additional Director on 30 Nov 2021. Shruti Rajendra Agarwal ceased to be Additional Director on 30 Nov 2021. Chandrabhan Jitendrapratap Singh ceased to be Director on 28 Jun 2021. Systematic Steel Industries has 6 board changes on record in total.
Yes, Systematic Steel Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0230370).
Systematic Steel Industries has 2 MSME Form 1 returns on record between 2017 and 2018, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Systematic Steel Industries can be reached through the website systematicltd.com. Its registered office is in W.E.F. 25/12 2001, Maharashtra, India.
The registered office of Systematic Steel Industries is at Runwal Height 1st Floor L.B.S. Marg Mulund West Mumbai – 80, W.E.F. 2512 2001, Maharashtra, India.
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