Sytech India Private Limited
About Sytech India Private Limited
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Sytech India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 23 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC282774. Its GSTIN is 27AAXCS2643D1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It is led by directors including Santosh Gundu Ajgaonkar and Nilima Ashok Hinge.
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 5 International Technology Park, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.06 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Lakh (net margin 4.4%) and EBITDA of ₹4.16 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressK103 1st Floor Tower No.5 International Technology Park Belapur Railway Station, Building, Navi Mumbai, Maharashtra, India – 400614
- IndustryInformation Technology, IT Products Retail & Distribution, Electronic Components & Equipment Manufacturing
- 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 of Sytech India Private Limited
The main business activity of Sytech India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Sytech India Private Limited FY 2025 filings available
Sytech India Private Limited reported revenue of ₹62.06 Lakh (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sytech India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 25% growth in the latest year. EBITDA rose 5% 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 Sytech India 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 | ₹4.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.75 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 Sytech India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Sytech India are in the company report.
Financial statements from FY 2017
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 Sytech India Private Limited
Sytech India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing, IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yobel India Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
| Quarkxpress Publishing Software (India) Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| Mai Tai Infotech Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Glein Digitl World Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Patel Microdata Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sytech India Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Xlerate Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Tacladders IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ambala, Haryana, India |
| Multiware Infotech Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Seosaph Embedded Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dream Winners Projects and Services Private Limited | •••• | •••• | •••• | •••• | - | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Sytech India by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing, IT Products Retail and Distribution), 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 Sytech India Private Limited
Sytech India Private Limited is audited by S S GHARAT & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S GHARAT & 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 Sytech India Private Limited
Sytech India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Gundu Ajgaonkar Also directs: Consulta Technologies Private Limited, Fest Consulta LLP, Gorakshasidhi Solar 129 MW Private Limited and 1 more | Director | 23 Jun 2016 | 10 Years 3 Months | Current |
| Nilima Ashok Hinge Also directs: Consulta Technologies Private Limited | Director | 23 Jun 2016 | 10 Years 3 Months | Current |
| Ashok Kamalakar Hinge | Director | 23 Jun 2016 | 10 Years 3 Months | Current |
| Sarvesh Santosh Ajgaonkar | Additional Director | 29 Dec 2025 | 0 Years 9 Months | Current |
Ownership and Shareholding of Sytech India 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 Sytech India Private Limited
Sytech India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sytech India Private Limited
Employment history and EPFO contributions of people linked to Sytech India.
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 Sytech India Private Limited
Sytech India Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Sarvesh Santosh Ajgaonkar was appointed as Additional Director on 29 Dec 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sytech India 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 Sytech India 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 Sytech India 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 Sytech India Private Limited
Sytech India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS2643D1Z2 | Maharashtra | 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 Sytech India 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 Sytech India Private Limited
Sytech India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 23 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282774.
Sytech India reported revenue of ₹62.06 Lakh for FY 2025 (up 25% YoY).
Sytech India has 4 current directors:
- Santosh Gundu Ajgaonkar - Director
- Nilima Ashok Hinge - Director
- Ashok Kamalakar Hinge - Director
- Sarvesh Santosh Ajgaonkar - Additional Director
Sytech India reported a net profit of ₹2.75 Lakh (net margin 4.4%) and EBITDA of ₹4.16 Lakh (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sytech India is 3% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sytech India is 27AAXCS2643D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sytech India is U74999MH2016PTC282774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sytech India was incorporated on 23 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sytech India by revenue are Yobel India Private Limited, Quarkxpress Publishing Software (India) Private Limited, Mai Tai Infotech Private Limited, Glein Digitl World Private Limited, Patel Microdata Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing, IT Products Retail and Distribution).
Sarvesh Santosh Ajgaonkar was appointed as Additional Director on 29 Dec 2025. Ashok Kamalakar Hinge was appointed as Director on 23 Jun 2016. Nilima Ashok Hinge was appointed as Director on 23 Jun 2016. Sytech India has 4 board changes on record in total.
The registered office of Sytech India is at K103 1st Floor Tower No.5 International Technology Park Belapur Railway Station, Building, Navi Mumbai, Maharashtra, India – 400614.