Systronics India Ltd - Due diligence report

A 360° intelligence report on Systronics India: trust score, financial health, credit view, compliance, directors, growth and distress signa…

1973-12-10 Ahmedabad, Gujarat Active Unlisted Active Compliant
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SI Systronics India Ltd
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Systronics India — 360° Intelligence Report

Generated from MCA filings & public records
91/100
Trust Score
Low Risk

Systronics India is assessed as Low Risk with a Trust Score of 91/100. Systronics India is an active public limited indian non-government company incorporated in 1973, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 26 Jun 2026 from the latest processed filings. Systronics India Ltd snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
91/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 3 open (22.68 cr) · 3 satisfied (6.81 cr).

Banking relationships (from registered charges)
LenderChargesAmount
The Kalupur Commercial Co-Operative Bank Limited1 48.0 cr
Others1 48.0 cr
Hdfc Bank Limited2 48.0 cr
Sardar Vallabhbhai Sahakari Bank Limited1 48.0 cr
Sardar Vallabhbhai Sahakari Bank Ltd.1 48.0 cr
Compliance Score: 86/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • 11 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
DISHA MAHESH PUNJANI 01234567 Director 01/04/2018 6 yrs Approved
PRIYANK SURESHKUMAR MODI 01234567 Director 01/04/2018 6 yrs Approved
MAYURKUMAR KISHORCHANDRA SWADIA 01234567 Director 01/04/2018 6 yrs Approved
GIRISHKUMAR PRABHUDAS LIMBACHIYA 01234567 Director 01/04/2018 6 yrs Approved
MOHAL KARTIKEYA SARABHAI 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Ambalal Sarabhai Enterprises Limited
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Ambalal Sarabhai Enterprises Limited Holding Company 74.00%

Key managerial personnel: PRIYANK SURESHKUMAR MODI (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
Net margin improved to 38%.
EPFO headcount growing - hiring signal.
Operating for 52+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 1.42 in a year.
3 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment93/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 22.68 cr already registered.
  • Compliance record supports lending.
Investor view94/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 6 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Jul 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Nov 2023
Director appointed
DISHA MAHESH PUNJANI (Company Secretary)
01 Oct 2022
Director appointed
PRIYANK SURESHKUMAR MODI (CFO)
13 Sep 2021
Director ceased
MAYURKUMAR KISHORCHANDRA SWADIA
05 May 2021
Charge created
Hdfc Bank Limited - 18.43 Lakh
06 Nov 2020
Director appointed
MAYURKUMAR KISHORCHANDRA SWADIA (Director)
21 Sep 2020
Director ceased
MOHANDAS KONDORATHODY NAIR
07 Aug 2020
Charge created
The Kalupur Commercial Co-Operative Bank Limited - 12.50 cr
11 Mar 2020
Charge created
Others - 10.00 cr
09 Mar 2020
Charge satisfied
Hdfc Bank Limited
28 Aug 2019
Director ceased
GIRISHKUMAR PRABHUDAS LIMBACHIYA
23 Feb 2018
Director appointed
GIRISHKUMAR PRABHUDAS LIMBACHIYA (Director)
Director ceased
PRADIP KANTILAL CHOKSHI
03 Jul 2017
Charge satisfied
Sardar Vallabhbhai Sahakari Bank Ltd.
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); board looks stable and experienced.
11 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Hostroyale Technologies Private Limited U72900PN2014PTC151495 Pune, Maharashtra, India
Taisys India Private Limited U74140DL2015FTC280725 New Delhi, Delhi, India
Alethe Consulting U74140DL2010PTC198318 New Delhi, Delhi, India
Sahaj E-Village U74110WB2001PLC093780 Kolkata, West Bengal, India
Zoomcar U63090KA2012FTC065834 Bangalore, Karnataka, India
Tracxn L72200KA2012PLC065294 Bengaluru, Karnataka, India
Entuple Technologies U74900KA2010PTC052034 Bangalore North, Karnataka, India
Acclaris Business Solutions Private Limited U74140WB2003PTC096338 Kolkata, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Systronics India before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Systronics India: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Systronics India - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 91/100, distress signals and MSME payment-delay disclosures - know whether Systronics India pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Systronics India - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Systronics India an active company?

Systronics India has MCA status “Active” with a compliance score of 86/100 (Low Risk).

Is Systronics India financially healthy?

Systronics India has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Systronics India?

Its overall Trust Score is 91/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Systronics India?

The ultimate holding entity is Ambalal Sarabhai Enterprises Limited. 5 active director(s) are on record.

Does Systronics India have loans or charges against its assets?

3 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Systronics India up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).

Is it risky to lend to Systronics India?

Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.