About Systematicwires Private Limited
Data last updated:
Systematicwires Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Veritas Industries Private Limited and recognised as a startup by DPIIT. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 07 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2020PTC335578. Its GSTIN is 27ABDCS2023G1ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It is led by directors Sejal Dhruv Mittal and Dhruv Subhash Mittal.
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 207 Marathon Monte Plaza Madan Mohan Malviya Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.37 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹92.05 Lakh (net margin 2.1%) and EBITDA of ₹4.94 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Syscon Wires. As per MCA filings, the company has open charges of ₹17.63 Cr and satisfied charges of ₹14.81 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
For more details, the company can be reached via its website sysconwires.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address207 Marathon Monte Plaza Madan Mohan Malviya Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryManufacturing, Cable & Wire
- 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 Systematicwires Private Limited
The main business activity of Systematicwires is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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 Systematicwires Private Limited FY 2025 filings available
Systematicwires Private Limited reported revenue of ₹43.37 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Systematicwires Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 24% growth in the latest year. EBITDA rose 46% 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 Systematicwires Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹4.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹92.05 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Systematicwires Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Systematicwires are in the company report.
Financial statements from FY 2020
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 Systematicwires Private Limited
Systematicwires Private Limited is audited by ANAND MUKUL ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANAND MUKUL 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 Systematicwires Private Limited
Systematicwires has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sejal Dhruv Mittal Also directs: Alcove Studio LLP, Syscon Wires Private Limited | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Dhruv Subhash Mittal Also directs: Alcove Studio LLP, Fidelix Industries Private Limited, Pradako Industries Private Limited and 1 more | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
Ownership and Shareholding of Systematicwires 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 Systematicwires Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2025 | Others | ₹22 Lakh | Open |
| 18 Oct 2024 | Indian Bank | ₹16.5 Lakh | Open |
| 28 Mar 2022 | Others | ₹17.24 Cr | Open |
| 26 Sep 2022 | Others | ₹8.4 Lakh | Satisfied |
| 27 May 2022 | Others | ₹23.98 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Systematicwires Private Limited
Systematicwires Private Limited has 3 court cases on record: 3 filed by Systematicwires. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sirmaur, Himachal Pradesh | Civil miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Sirmaur, Himachal Pradesh | Court case (Suit for Permanent Injunction) | Filed by the company against an individual | Disposed |
Full case history
All 3 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.
Associated Brands with Systematicwires Private Limited
Systematicwires operates one associated brand: Syscon Wires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of CHQ wires and specialty steel wires for industrial and automotive applications. | sysconwires.com |
Employees and EPFO Compliance at Systematicwires Private Limited
Systematicwires Private Limited has a workforce of 51 employees as of Mar 29, 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 Systematicwires Private Limited
Director changes at Systematicwires Private Limited
Systematicwires Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Sejal Dhruv Mittal ceased to be Additional Director on 30 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Systematicwires 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 Systematicwires 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 Systematicwires 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 Systematicwires Private Limited
Systematicwires has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS2023G1ZO | Maharashtra | Active | 30 Aug 2020 |
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 Systematicwires 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 Systematicwires Private Limited
Systematicwires is an active private limited company based in Mumbai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 07 January 2020 (6+ years old) and is registered under CIN U27205MH2020PTC335578.
Systematicwires reported revenue of ₹43.37 Cr for FY 2025 (up 24% YoY).
Systematicwires has 2 current directors:
- Sejal Dhruv Mittal - Director
- Dhruv Subhash Mittal - Director
Systematicwires reported a net profit of ₹92.05 Lakh (net margin 2.1%) and EBITDA of ₹4.94 Cr (EBITDA margin 11.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Systematicwires is 25% over three years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Systematicwires is 27ABDCS2023G1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Systematicwires is U27205MH2020PTC335578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systematicwires has 3 court cases on record: 3 filed by the company.
Systematicwires was incorporated on 07 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Sejal Dhruv Mittal ceased to be Additional Director on 30 Sep 2021. Satya Rajendra Agrawal ceased to be Director on 28 Jun 2021. Sejal Dhruv Mittal was appointed as Director on 28 Jun 2021. Systematicwires has 5 board changes on record in total.