Konark Synthetic Limited

Specializes in manufacturing specialty yarn and fabric, job work for garments, and trading processed fabrics.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated:

Konark Synthetic Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 5.81 Cr
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.04 Cr
  • Satisfied Charges ₹ 52.47 Cr
  • Revenue Growth 13.37%
  • Profit Growth -1851.50%
  • Ebitda 65.87%
  • Net Worth -74.93%
  • Total Assets -21.87%

About Konark Synthetic

Konark Synthetic Limited (KSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 July 1984 and has a history of 40 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514128.

The Corporate was formerly known as Konark Synthetics Limited. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 5.81 Cr.

The company currently has active open charges totaling ₹31.04 Cr. The company has closed loans amounting to ₹52.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Konark Synthetic Limited India are Prerna Goyal as COMPANY SECRETARY and Ramniwas Somani as Cfo. Riyazuddin Khan, Priyanka Jha, Anshul Agrawal, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17200MH1984PLC033451

  • Company No.

    033451

  • Stock Symbol

    BSE : 514128

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile
Manufacturing

What products or services does Konark Synthetic Limited offer?

Konark Synthetic Limited offers a wide range of products and services, including Home Decor Fabric, Home Decor & Furnishing Fabrics, Yarns & Threads, Yarn, Spinning Machinery, Slub Yarn.

Company report

Konark Synthetic Limited

Explore comprehensive data for Konark Synthetic Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Konark Synthetic?

Executive Team (3)

NameDesignationAppointment DateStatus
Prerna Goyal Country flag representing In Company Secretary03-Mar-2025Current
Ramniwas Somani Country flag representing In CFO31-Mar-2015Current
Shonit Dalmia Country flag representing In Managing Director14-Aug-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Riyazuddin Khan Country flag representing In Director 28-Jun-2022Current
Priyanka Jha Country flag representing In Director 18-Jul-2022Current
Anshul Agrawal Country flag representing In Director 28-Jun-2022Current

Financial Performance of Konark Synthetic.

Konark Synthetic Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.37% increase. The company also saw a substantial fall in profitability, with a 1851.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.93%.

Konark Synthetic revenue growth over time
Konark Synthetic profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.37%
Revenue from Operations
18.12%
Total Assets
-21.87%
Profit or Loss
-1851.50%
Net Worth
-74.93%
EBITDA
65.87%

What is the Ownership and Shareholding Structure of Konark Synthetic?

In 2022, Konark Synthetic had a promoter holding of 74.99% and a public holding of 25.02%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.04 Cr

Satisfied Charges

₹52.47 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 13.95 Cr
  • Idbi Bank Limited : 6.95 Cr
  • Icici Bank Limited : 5.76 Cr
  • Others : 2.59 Cr
  • Pnb Housing Finance Limited : 1.04 Cr
  • Others : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2017Others₹1.89 MOpen
28 Nov 2016Others₹2.40 CrOpen
30 Aug 2016Hdfc Bank Limited₹0.80 MOpen
28 Feb 2016Tata Capital Financial Services Limited₹2.78 MOpen
28 Feb 2016Tata Capital Financial Services Limited₹3.92 MOpen

How Many Employees Work at Konark Synthetic?

Konark Synthetic has a workforce of 13 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Konark Synthetic Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Konark Synthetic, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Konark Synthetic's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Konark Synthetic

Recent activity within the organization

  • Director Appointment

    Prerna Goyal was appointed as a Company Secretary was appointed as a Company Secretary on 03 Mar 2025 & has been associated with this company since 1 month 21 days .

  • Annual General Meeting

    Konark Synthetic Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Konark Synthetic Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Priyanka Sunil Jha was appointed as a Director was appointed as a Director on 18 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Riyazuddin Kalimullah Khan was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Anshul Atul Agrawal was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 2 years 9 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Konark Synthetic Limited?

    Konark Synthetic Limited was incorporated on 17 Jul 1984.

  • What is authorized share capital and paid-up capital of Konark Synthetic Limited?

    The authorized share capital of Konark Synthetic Limited is ₹ 15.00 Cr and paid-up capital is ₹ 5.81 Cr.

  • Who are the current board members & directors of Konark Synthetic Limited?

    Currently 6 directors are associated with Konark Synthetic Limited.

    • Riyazuddin Kalimullah Khan
    • Prerna Goyal
    • Ramniwas Bhawarlal Somani
    • Priyanka Sunil Jha
    • Anshul Atul Agrawal
    • Shonit Prakashchand Dalmia

  • What is the registered address of Konark Synthetic Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Konark Synthetic Limited is Mittal Industrial Estate Bldgno 7 Saki Naka Andheri (East) India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of Konark Synthetic Limited?

    The corporate identification number (CIN) of Konark Synthetic Limited is L17200MH1984PLC033451 and the company number is 033451 as per Ministry of Corporate Affairs (MCA).

  • Is Konark Synthetic Limited registered with any stock exchange in India?

    Yes, Konark Synthetic Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Konark Synthetic Limited?

    The Official website of Konark Synthetic Limited is https://www.konarkgroup.co.in

  • What has been the recent revenue trend for Konark Synthetic Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Konark Synthetic Limited has risen by 13.37%.

  • How many employees does Konark Synthetic Limited currently have?

    As Per 2023 financial reports, 13 employees are currently employed by Konark Synthetic Limited.

  • What change has been observed in the net worth of Konark Synthetic Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Konark Synthetic Limited has experienced an downturn of -74.93%.

  • What are the total open charges for Konark Synthetic Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Konark Synthetic Limited amount to ₹ 31.04 Cr.

  • When was the last Balance Sheet of Konark Synthetic Limited filed with the ROC?

    The most recent Balance Sheet for Konark Synthetic Limited was filed with the ROC on 31 Mar 2024.

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