Smruthi Organics Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.45 Cr
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- 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 seven 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 2023. 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, Purushotham Eaga, Kashinath Dhole, 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
05 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Swapnil Eaga  | Managing Director | 06-Apr-2009 | Current |
| Purushotham Eaga | Managing Director | 01-Aug-2010 | Current |
| Urvashi Khanna | Company Secretary | 06-Aug-2016 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayant Ranade | Director | 11-Sep-2006 | Current |
| Kashinath Dhole | Director | 27-Sep-2014 | Current |
| Kunamalla Ramaswamy | Director | 09-May-2012 | Current |
| Smruthi Eaga | Director | 12-Feb-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Greenfield Cet Plant Private LimitedPurushotham Eaga is a mutual person
Chemolutions Chemicals LimitedJayant Ranade is a mutual person
Vamsi Labs LimitedKashinath Dhole is a mutual person
Excella Pencils Private LimitedJayant Ranade is a mutual person
Mk Falcon Agrotech Private LimitedJayant Ranade is a mutual person
- Symmetrix Biotech Private Limited
Jayant Ranade is a mutual person
Charges (Loans)
₹64.42 Cr
₹74.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 46.55 Cr
- Axis Bank Limited : 17.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2023 | Axis Bank Limited | ₹17.00 Cr | Open |
| 27 Feb 2023 | Axis Bank Limited | ₹8.70 M | Open |
| 15 Feb 2001 | State Bank Of India | ₹46.55 Cr | Open |
| 17 Dec 2012 | Axis Bank Limited | ₹19.25 Cr | Satisfied |
| 15 Feb 2007 | Sbi Factors And Commercial Services (P) Limited | ₹54.75 Cr | Satisfied |
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.
Deals i
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
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
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.
