About Systems Manufacturing Private Limited
Data last updated:
Systems Manufacturing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 December 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA1971PTC002144. Its GSTIN is 29AABCS9832N1ZM (Karnataka).
The company has an authorised share capital of ₹14 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors including Anand Chandani and Taara Chandani.
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 1A Peenya Industrial Area Phase 2, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.23 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Cr (net margin 21.2%) and EBITDA of ₹1.93 Cr (EBITDA margin 30.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹81.68 Lakh on record. Court records list 7 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systemsgroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1A Peenya Industrial Area Phase 2, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Systems Manufacturing Private Limited
The main business activity of Systems Manufacturing is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Systems Manufacturing Private Limited FY 2024 filings available
Systems Manufacturing Private Limited reported revenue of ₹6.23 Cr (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Systems Manufacturing Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 29% growth in the latest year. EBITDA fell 1% 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 Systems Manufacturing 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 | ₹1.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.32 Cr | •••• | •••• | •••• | •••• |
| 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 Systems Manufacturing Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.2% | •••• | •••• | •••• | •••• |
| 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 Systems Manufacturing 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.
Peer Comparison of Systems Manufacturing Private Limited
Systems Manufacturing Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premur Impex Ltd. | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Dynemix India Engg. Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Khodiyar Industrial Private Limited | •••• | •••• | •••• | •••• | - | Lodhika, Gujarat, India |
| Pro-Quip Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Skega Engineering Co. Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Systems Manufacturing Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ascensor Lifts and Automation Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Bharat Elevators & Engineers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rolex Elevators Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Metro Elevators Company Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Tri Center of Analysis Research and Design Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Systems Manufacturing by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Systems Manufacturing Private Limited
Systems Manufacturing Private Limited is audited by PHILLIPOS & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PHILLIPOS & CO | 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 Systems Manufacturing Private Limited
Systems Manufacturing has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Chandani | Director | 12 Jan 2006 | 20 Years 8 Months | Current |
| Taara Chandani | Director | 18 Sep 2014 | 12 Years 0 Months | Current |
| Jacqueline Chandani | Director | 31 Mar 2022 | 4 Years 6 Months | Current |
| Natasha Chandani | Director | 06 Jul 2024 | 2 Years 3 Months | Current |
| Shanmugavalli Ayyaswamy Also directs: Engineering Systems Private Limited | Director | 14 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Systems Manufacturing 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 Systems Manufacturing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 1995 | Karnatak Stat Financial Corporation | ₹1 Lakh | Satisfied |
| 18 Jun 1991 | Canara Bank | ₹4 Lakh | Satisfied |
| 04 Dec 1987 | Karnataka State Financial Corporation | ₹14.3 Lakh | Satisfied |
| 07 Sep 1978 | Indian Bank | ₹7.5 Lakh | Satisfied |
| 02 Aug 1978 | State Bank of India | ₹75,000 | Satisfied |
Total charge records: 16 View all charges
Legal Cases of Systems Manufacturing Private Limited
Systems Manufacturing Private Limited has 7 court cases on record: 4 filed by Systems Manufacturing, 2 filed against it, 1 where it is another party. 1 case is pending and 6 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against The Bank of Baroda Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by The Bank of Baroda Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.C.) | Filed by the company against Kiocl Limited | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 7 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.
Employees and EPFO Compliance at Systems Manufacturing Private Limited
Employment history and EPFO contributions of people linked to Systems Manufacturing.
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.
Group Structure of Systems Manufacturing Private Limited
Systems Manufacturing has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bulk Systems International Private Limited | U85110KA1987PTC008724 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Systems Manufacturing Private Limited
Systems Manufacturing has one previous CIN (Corporate Identification Number): U51909KA1971PTC002144. The current CIN is U30007KA1971PTC002144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30007KA1971PTC002144 | Current |
| U51909KA1971PTC002144 | Previous |
Recent Activity on Systems Manufacturing Private Limited
Systems Manufacturing Private Limited has 9 board changes on record since 1971: 7 appointments and 2 cessations. The latest: Natasha Chandani was appointed as Director on 06 Jul 2024.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Systems Manufacturing 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 Systems Manufacturing 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 Systems Manufacturing 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 Systems Manufacturing Private Limited
Systems Manufacturing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS9832N1ZM | Karnataka | 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 Systems Manufacturing 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 Systems Manufacturing Private Limited
Systems Manufacturing is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 23 December 1971 (55+ years old) and is registered under CIN U30007KA1971PTC002144.
Systems Manufacturing reported revenue of ₹6.23 Cr for FY 2024 (up 29% YoY).
Systems Manufacturing has 5 current directors:
- Anand Chandani - Director
- Taara Chandani - Director
- Jacqueline Chandani - Director
- Natasha Chandani - Director
- Shanmugavalli Ayyaswamy - Director
Systems Manufacturing reported a net profit of ₹1.32 Cr (net margin 21.2%) and EBITDA of ₹1.93 Cr (EBITDA margin 30.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Systems Manufacturing is 1% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Systems Manufacturing is 29AABCS9832N1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Systems Manufacturing is U30007KA1971PTC002144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Systems Manufacturing has 7 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Systems Manufacturing was incorporated on 23 December 1971, making it 55+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Systems Manufacturing by revenue are Premur Impex Ltd, Dynemix India Engg. Private Limited, Khodiyar Industrial Private Limited, Pro-Quip Solutions Private Limited, Skega Engineering Co. Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Natasha Chandani was appointed as Director on 06 Jul 2024. Shanmugavalli Ayyaswamy was appointed as Director on 14 Apr 2023. Jacqueline Chandani was appointed as Director on 31 Mar 2022. Systems Manufacturing has 9 board changes on record in total.