Smruthi Organics Ltd

Produces bulk drugs and intermediates for anti-diabetic and infection treatments, based in Maharashtra.

1989 | Solapur, Maharashtra (India) | Active
Last Updated:

Smruthi Organics Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.45 Cr
  • Company Age 35 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 64.42 Cr
  • Satisfied Charges ₹ 74.00 Cr
  • Revenue Growth 5.37%
  • Profit Growth -60.21%
  • Ebitda -46.93%
  • Net Worth 1.48%
  • Total Assets 20.58%

About Smruthi Organics

Smruthi Organics Ltd (SOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 1989 and has a history of 35 years and eight months. Its registered office is in Solapur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540686.

The Company is engaged in the Pharma 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 12.00 Cr and a paid-up capital of Rs 11.45 Cr.

The company currently has active open charges totaling ₹64.42 Cr. The company has closed loans amounting to ₹74.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Smruthi Organics Ltd India are Swapnil Eaga as CFO and Urvashi Khanna as Company Secretary. Jayant Ranade, Kashinath Dhole, Smruthi Eaga, and Three other members serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24119PN1989PLC052562

  • Company No.

    052562

  • Stock Symbol

    BSE : 540686

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 1989

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Pharma

What products or services does Smruthi Organics Ltd offer?

Smruthi Organics Ltd offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Anti Infective API, Antiallergic API.

Who are the key members and board of directors at Smruthi Organics?

Executive Team (3)

NameDesignationAppointment DateStatus
Swapnil Eaga Country flag representing In CFO27-Sep-2014Current
Urvashi Khanna Country flag representing In Company Secretary06-Aug-2016Current
Purushotham Eaga Country flag representing In Managing Director01-Aug-2010Current

Board Members (4)

NameDesignationAppointment DateStatus
Jayant Ranade Country flag representing In Director 11-Sep-2006Current
Kashinath Dhole Country flag representing In Director 27-Sep-2014Current
Smruthi Eaga Country flag representing In Director 12-Feb-2022Current
Kunamalla Ramaswamy Country flag representing In Director 09-May-2012Current

Financial Performance of Smruthi Organics.

Smruthi Organics Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 5.37% increase. The company also saw a substantial fall in profitability, with a 60.21% decrease in profit. The company's net worth moved up by a moderate rise of 1.48%.

Smruthi Organics revenue growth over time
Smruthi Organics 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
5.37%
Revenue from Operations
5.75%
Total Assets
20.58%
Profit or Loss
-60.21%
Net Worth
1.48%
EBITDA
-46.93%

What is the Ownership and Shareholding Structure of Smruthi Organics?

In 2023, Smruthi Organics had a promoter holding of 63.58% and a public holding of 36.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.42 Cr

Satisfied Charges

₹74.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 46.55 Cr
  • Axis Bank Limited : 17.87 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2023Axis Bank Limited₹17.00 CrOpen
27 Feb 2023Axis Bank Limited₹8.70 MOpen
15 Feb 2001State Bank Of India₹46.55 CrOpen
17 Dec 2012Axis Bank Limited₹19.25 CrSatisfied
15 Feb 2007Sbi Factors And Commercial Services (P) Limited₹54.75 CrSatisfied

How Many Employees Work at Smruthi Organics?

Smruthi Organics has a workforce of 585 employees as of Apr 01, 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 Smruthi Organics Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Smruthi Organics, 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 Smruthi Organics'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 Smruthi Organics

Recent activity within the organization

  • Annual General Meeting

    Smruthi Organics Ltd last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Smruthi Organics Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100781773 was registered on 31 Aug 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.87 Cr with Charge ID 100687533 was registered on 27 Feb 2023.

  • Charges

    A charge with State Bank Of India of Rs. 46.55 Cr registered on 15 Feb 2001 with Charge ID 80013457 was modified on 12 Feb 2019.

  • Charges

    A charge registered on 17 Dec 2012 via Charge ID 10398153 with Axis Bank Limited was fully satisfied on 14 Nov 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Smruthi Organics Ltd?

    Smruthi Organics Ltd was incorporated on 11 Jul 1989.

  • What is authorized share capital and paid-up capital of Smruthi Organics Ltd?

    The authorized share capital of Smruthi Organics Ltd is ₹ 12.00 Cr and paid-up capital is ₹ 11.45 Cr.

  • Who are the current board members & directors of Smruthi Organics Ltd?

    Currently 8 directors are associated with Smruthi Organics Ltd.

    • Jayant Hari Ranade
    • Kashinath Revappa Dhole
    • Swapnil Purushotham Eaga
    • Urvashi Dravendra Khanna
    • Smruthi Purushotham Eaga
    • Kunamalla Ramaswamy
    • Purushotham Malaiah Eaga
    • Swapnil Purushotham Eaga

  • What is the registered address of Smruthi Organics Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Smruthi Organics Ltd is 165 A Balaji Bhavanrailway Lines India, Solapur, Maharashtra, 413001.

  • What is the corporate identification number (CIN) and company number of Smruthi Organics Ltd?

    The corporate identification number (CIN) of Smruthi Organics Ltd is L24119PN1989PLC052562 and the company number is 052562 as per Ministry of Corporate Affairs (MCA).

  • Is Smruthi Organics Ltd registered with any stock exchange in India?

    Yes, Smruthi Organics Ltd is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Smruthi Organics Ltd?

    The Official website of Smruthi Organics Ltd is https://www.smruthiorganics.com

  • What has been the recent revenue trend for Smruthi Organics Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Smruthi Organics Ltd has risen by 5.37%.

  • How many employees does Smruthi Organics Ltd currently have?

    As Per 2023 financial reports, 585 employees are currently employed by Smruthi Organics Ltd.

  • What change has been observed in the net worth of Smruthi Organics Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Smruthi Organics Ltd has experienced an upsurge of 1.48%.

  • What are the total open charges for Smruthi Organics Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Smruthi Organics Ltd amount to ₹ 64.42 Cr.

  • When was the last Balance Sheet of Smruthi Organics Ltd filed with the ROC?

    The most recent Balance Sheet for Smruthi Organics Ltd was filed with the ROC on 31 Mar 2024.

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