Symega Food Ingredients Limited

Develops and manufactures savory seasonings and ingredients for food industry, with nationwide sales.

2006 | Ernakulam, Kerala (India) | Active
Last Updated:

Symega Food Ingredients Profile

Key Indicators

  • Authorised Capital ₹ 29.50 Cr
  • Paid Up Capital ₹ 25.72 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.35 Cr
  • Satisfied Charges ₹ 45.51 Cr
  • Revenue Growth 52.21%
  • Profit Growth -1.92%
  • Ebitda 17.99%
  • Net Worth 16.64%
  • Total Assets 32.86%

About Symega Food Ingredients

Symega Food Ingredients Limited (SFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 July 2006 and has a history of 18 years and eight months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Symega Savoury Technology Limited. The Company is engaged in the Food And Beverages 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 29.50 Cr and a paid-up capital of Rs 25.72 Cr.

The company currently has active open charges totaling ₹69.35 Cr. The company has closed loans amounting to ₹45.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Symega Food Ingredients Limited India are Shivaraman as CFO and Kakkanath Mufeedha as Company Secretary. Vishal Menon, Santhosh Stephen, Paolo George, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51225KL2006PLC019598

  • Company No.

    019598

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2006

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Food and Beverages

What products or services does Symega Food Ingredients Limited offer?

Symega Food Ingredients Limited offers a wide range of products and services, including Ready to Eat & Instant Food Mixes, Noodles & Vermicelli, Cooking Spices and Masala, Cooking Paste, Sauces, Tomato Ketchup, Food Grains, Oats, Condiment, Cereals & Food Grains.

Who are the key members and board of directors at Symega Food Ingredients?

Executive Team (3)

NameDesignationAppointment DateStatus
Santhosh Stephen Country flag representing In Managing Director25-Nov-2010Current
Shivaraman CFO01-Jun-2023Current
Kakkanath Mufeedha Company Secretary19-Sep-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Neelam Varghese Country flag representing In Director 13-Jan-2014Current
Vishal Menon Country flag representing In Director 25-Nov-2015Current
Paolo George Country flag representing In Whole-Time Director 25-Nov-2015Current
Ashok Mani Country flag representing In Director 25-Nov-2015Current

Financial Performance of Symega Food Ingredients.

Symega Food Ingredients Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.21% increase. The company also saw a slight decrease in profitability, with a 1.92% decrease in profit. The company's net worth Soared by an impressive increase of 16.64%.

Symega Food Ingredients revenue growth over time
Symega Food Ingredients 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
52.21%
Revenue from Operations
52.24%
Total Assets
32.86%
Profit or Loss
-1.92%
Net Worth
16.64%
EBITDA
17.99%

What is the Ownership and Shareholding Structure of Symega Food Ingredients?

In 2023, Symega Food Ingredients had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.35 Cr

Satisfied Charges

₹45.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 44.35 Cr
  • Standard Chartered Bank : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 May 2024Standard Chartered Bank₹25.00 CrOpen
25 Oct 2022Others₹12.50 CrOpen
22 Dec 2021Others₹6.85 CrOpen
28 Nov 2017Others₹25.00 CrOpen
15 Jun 2022Others₹2.59 MSatisfied

How Many Employees Work at Symega Food Ingredients?

Symega Food Ingredients has a workforce of 482 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 Symega Food Ingredients Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Symega Food Ingredients, 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 Symega Food Ingredients'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 Symega Food Ingredients

Recent activity within the organization

  • Charges

    A charge registered on 09 Sep 2020 via Charge ID 100379875 with Others was fully satisfied on 09 Oct 2024.

  • Charges

    A charge registered on 18 Sep 2018 via Charge ID 100209507 with Others was fully satisfied on 09 Oct 2024.

  • Annual General Meeting

    Symega Food Ingredients Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 15 Jun 2022 via Charge ID 100595866 with Others was fully satisfied on 25 Jun 2024.

  • Charges

    A charge registered on 09 Sep 2020 via Charge ID 100379871 with Others was fully satisfied on 25 Jun 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 25.00 Cr with Charge ID 100928338 was registered on 16 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Symega Food Ingredients Limited?

    Symega Food Ingredients Limited was incorporated on 07 Jul 2006.

  • What is authorized share capital and paid-up capital of Symega Food Ingredients Limited?

    The authorized share capital of Symega Food Ingredients Limited is ₹ 29.50 Cr and paid-up capital is ₹ 25.72 Cr.

  • Who are the current board members & directors of Symega Food Ingredients Limited?

    Currently 7 directors are associated with Symega Food Ingredients Limited.

    • Vishal Menon
    • Santhosh Stephen
    • Paolo George
    • Ashok Mani
    • Neelam Varghese
    • Shivaraman
    • Kakkanath Muhammed Kutty Mufeedha

  • What is the registered address of Symega Food Ingredients Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Symega Food Ingredients Limited is Synthite Taste Park No Xi 312G Pancode, India, Vadavucode, Kerala, 682310.

  • What is the corporate identification number (CIN) and company number of Symega Food Ingredients Limited?

    The corporate identification number (CIN) of Symega Food Ingredients Limited is U51225KL2006PLC019598 and the company number is 019598 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Symega Food Ingredients Limited?

    The Official website of Symega Food Ingredients Limited is https://www.symega.com

  • What has been the recent revenue trend for Symega Food Ingredients Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Symega Food Ingredients Limited has risen by 52.21%.

  • How many employees does Symega Food Ingredients Limited currently have?

    As Per 2023 financial reports, 482 employees are currently employed by Symega Food Ingredients Limited.

  • What change has been observed in the net worth of Symega Food Ingredients Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Symega Food Ingredients Limited has experienced an upsurge of 16.64%.

  • What are the total open charges for Symega Food Ingredients Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Symega Food Ingredients Limited amount to ₹ 69.35 Cr.

  • When was the last Balance Sheet of Symega Food Ingredients Limited filed with the ROC?

    The most recent Balance Sheet for Symega Food Ingredients Limited was filed with the ROC on 31 Mar 2024.

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