Symega Food Ingredients Profile
Key Indicators
- Authorised Capital ₹ 29.50 Cr
- Paid Up Capital ₹ 25.72 Cr
- Company Age 18 Year, 7 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 seven 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santhosh Stephen  | Managing Director | 25-Nov-2010 | Current |
| Shivaraman | CFO | 01-Jun-2023 | Current |
| Kakkanath Mufeedha | Company Secretary | 19-Sep-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neelam Varghese | Director | 13-Jan-2014 | Current |
| Vishal Menon | Director | 25-Nov-2015 | Current |
| Paolo George | Whole-Time Director | 25-Nov-2015 | Current |
| Ashok Mani | Director | 25-Nov-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
Algavista Greentech Private LimitedVishal Menon is a mutual person
Herbal Isolates Pvt LtdPaolo George is a mutual person
Synthite Industries Private LimitedPaolo George and Ashok Mani are mutual person
- Synthite Exports Limited
Paolo George is a mutual person
Intergrow Brands Private LimitedAshok Mani is a mutual person
Zenriva Brands Private LimitedPaolo George and Ashok Mani are mutual person
Charges (Loans)
₹69.35 Cr
₹45.51 Cr
Charges Breakdown by Lending Institutions
- Others : 44.35 Cr
- Standard Chartered Bank : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2024 | Standard Chartered Bank | ₹25.00 Cr | Open |
| 25 Oct 2022 | Others | ₹12.50 Cr | Open |
| 22 Dec 2021 | Others | ₹6.85 Cr | Open |
| 28 Nov 2017 | Others | ₹25.00 Cr | Open |
| 15 Jun 2022 | Others | ₹2.59 M | Satisfied |
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.
Deals i
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
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.
