MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0029233
Systems Cable and Wires Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.22 Cr
▲ 7% YoY
Net profit · FY 2024
₹32.69 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹80.86 Lakh
EBITDA margin 3.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.59 Cr
Satisfied ₹2.8 Cr
Company age
24 yrs
Est. 2002
Directors on board
6
As per MCA filings
About Systems Cable and Wires Private Limited
Data last updated:
Systems Cable and Wires Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 26 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31300KA2002PTC031052. Its GSTIN is 29AAGCS5830F1Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ravinder Kumar and Sharan Ashok Nichani.
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 No.A 352 8th Cross Peenya II Stage Bangalore., Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.22 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹32.69 Lakh (net margin 1.3%) and EBITDA of ₹80.86 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 9% over five years.
The company is associated with 1 brand: Systems Cable and Wires. As per MCA filings, the company has open charges of ₹1.59 Cr and satisfied charges of ₹2.8 Cr on record.
Systems Cable and Wires Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0029233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systemscable.in.
Company details
CIN U31300KA2002PTC031052
Registration Number 031052
Incorporation Date 26 September 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0029233
Recognitions & Rankings of Systems Cable and Wires
Contact details
Systems Cable and Wires Private Limited's registered office is in Bangalore, Karnataka. Its website is systemscable.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.A 352 8th Cross Peenya II Stage Bangalore., Karnataka, India – 560058
- IndustryManufacturing, Cable & Wire
To see the full contact details of Systems Cable and Wires Private Limited, buy the company report.
Comprehensive company report
Systems Cable and Wires 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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Brands
Systems Cable and Wires operates one associated brand: Systems Cable and Wires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of multicore flexible cables and related products in India. | systemscable.in |
Business activity
The main business activity of Systems Cable and Wires is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Systems Cable and Wires Private Limited, buy the company report.
Financials of Systems Cable and Wires Private Limited
FY 2025 filings availableSystems Cable and Wires Private Limited reported revenue of ₹24.22 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹24.22 Cr ▲ 7%
Net profit · FY 2024
₹32.69 Lakh margin 1.3%
EBITDA · FY 2024
₹80.86 Lakh margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 17%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 7% growth in the latest year. EBITDA fell 25% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹80.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.69 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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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 | 3.3% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Systems Cable and Wires Private Limited, buy the company report.
Board of directors of Systems Cable and Wires Private Limited
Systems Cable and Wires has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Kumar | Director | 26 Sep 2002 | 24 Years 1 Months | Current |
| Sharan Ashok Nichani Also directs: Ashnic Cables and Infrastructure Private Limited | Director | 26 Sep 2002 | 24 Years 1 Months | Current |
| Ashish Ashok Nichani Also directs: Ashnic Cables and Infrastructure Private Limited | Director | 26 Sep 2002 | 24 Years 1 Months | Current |
| Satinder Kumar | Director | 26 Sep 2002 | 24 Years 1 Months | Current |
| Sushil Kumar Also directs: Foretel Doorvani Private Limited | Director | 04 Mar 2015 | 11 Years 8 Months | Current |
| Ashok Asharam Nichani Also directs: Ashnic Cables and Infrastructure Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Systems Cable and Wires Private Limited is audited by Dhariwal & Sreenivas for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhariwal & Sreenivas | FY 2023 | 007197S |
Shareholding
The shareholding of Systems Cable and Wires 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 Systems Cable and Wires Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.59 Cr
Satisfied charges
₹2.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2012 | 10356145 | Others | ₹1.59 Cr | Open | |
| 06 Dec 2006 | 10032065 | Citi Bank N.A. | ₹1.7 Cr | Satisfied | |
| 25 Nov 2004 | 90195814 | State Bank of India | ₹1.1 Cr | Satisfied |
To see the full charge records of Systems Cable and Wires Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Systems Cable and Wires 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
No delayed payments to MSME suppliers are on our record for Systems Cable and Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Systems Cable and Wires has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCS5830F1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Systems Cable and Wires Private Limited, buy the company report.
Recent activity
Systems Cable and Wires Private Limited has 8 board changes on record since 2002: 6 appointments and 2 cessations. The latest: Ashok Asharam Nichani ceased to be Additional Director on 31 Dec 2020.
AGM
Systems Cable And Wires Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Systems Cable And Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 159.00 Lakh registered on 28 Apr 2012 with Charge ID 10356145 was modified on 30 May 2022.
Ceased
Ashok Asharam Nichani ceased to be Additional Director.
Appointed
Ashok Asharam Nichani was appointed as Director.
Charges
A charge registered on 06 Dec 2006 via Charge ID 10032065 with Citi Bank N.A. was fully satisfied on 30 Sep 2015.
Ceased
Sushil Kumar ceased to be Additional Director.
Appointed
Sushil Kumar was appointed as Director.
Charges
A charge with Others amounted to Rs. 159.00 Lakh with Charge ID 10356145 was registered on 28 Apr 2012.
Charges
A charge registered on 25 Nov 2004 via Charge ID 90195814 with State Bank Of India was fully satisfied on 08 Jun 2007.
Charges
A charge with Citi Bank N.A. amounted to Rs. 170.00 Lakh with Charge ID 10032065 was registered on 06 Dec 2006.
Charges
A charge with State Bank Of India amounted to Rs. 110.00 Lakh with Charge ID 90195814 was registered on 25 Nov 2004.
5 earlier events are in the company report.
Frequently asked questions
Systems Cable and Wires is an active private limited company based in Bangalore, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 26 September 2002 (24+ years old) and is registered under CIN U31300KA2002PTC031052.
Systems Cable and Wires has 6 current directors:
- Ravinder Kumar - Director
- Sharan Ashok Nichani - Director
- Ashish Ashok Nichani - Director
- Satinder Kumar - Director
- Sushil Kumar - Director
- Ashok Asharam Nichani - Director
The latest financial statements of Systems Cable and Wires 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 Systems Cable and Wires is 29AAGCS5830F1Z8, registered in Karnataka. 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 Systems Cable and Wires is U31300KA2002PTC031052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systems Cable and Wires was incorporated on 26 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Asharam Nichani ceased to be Additional Director on 31 Dec 2020. Ashok Asharam Nichani was appointed as Director on 23 Apr 2019. Sushil Kumar ceased to be Additional Director on 29 Sep 2015. Systems Cable and Wires has 8 board changes on record in total.
Yes, Systems Cable and Wires is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0029233).
Systems Cable and Wires can be reached through the website systemscable.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Systems Cable and Wires is at No.A 352 8th Cross Peenya II Stage Bangalore., Karnataka, India – 560058.
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