Synergies Castings Profile
Key Indicators
- Authorised Capital ₹ 95.50 Cr
as on 03-07-2024
- Paid Up Capital ₹ 31.54 Cr
as on 03-07-2024
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 371.89 Cr
as on 03-07-2024
- Satisfied Charges ₹ 217.50 Cr
as on 03-07-2024
- Revenue 30.45%
(FY 2023)
- Profit 106.01%
(FY 2023)
- Ebitda 27.98%
(FY 2023)
- Net Worth 16.07%
(FY 2023)
- Total Assets 13.99%
(FY 2023)
About Synergies Castings
The Company is engaged in the Automotive 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 95.50 Cr and a paid-up capital of Rs 31.54 Cr.
The company currently has active open charges totaling ₹371.89 Cr. The company has closed loans amounting to ₹217.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Synergies Castings Limited India are Sucharitra Sahoo as COMPANY SECRETARY and Venkata Brahmajosyula as Cfo. Chanchala Gupta, Raghavendra Movva, Sekhar Movva, and Three other members serve as directors at the Company.
- CIN/LLPIN
U27310TG2005PLC045171
- Company No.
045171
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jan 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Seri Lingampally, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Synergies Castings Limited offer?
Synergies Castings Limited offers a wide range of products and services, including Autoclaves, Sterilizers & Incubators, UV Sterilizer and Lamps, Organic and Inorganic Solvents, Ketones.
Who are the key members and board of directors at Synergies Castings?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sucharitra Sahoo  | Company Secretary | 04-Apr-2023 | Current |
| Venkata Brahmajosyula | CFO | 08-Aug-2022 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghavendra Movva | Director | 30-Dec-2021 | Current |
| Anand Boddapaty | Director | 26-Dec-2005 | Current |
| Chanchala Gupta | Director | 09-May-2022 | Current |
| Sekhar Movva | Whole-Time Director | 21-Mar-2024 | Current |
| Satyanarayana Raju | Whole-Time Director | 28-Mar-2007 | Current |
| Hemachandran Moorkoth | Whole-Time Director | 01-Jul-2009 | Current |
Financial Performance and Corporate Structure Insights of Synergies Castings.
Synergies Castings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.45% increase. The company also saw a substantial improvement in profitability, with a 106.01% increase in profit. The company's net worth Soared by an impressive increase of 16.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Synergies Castings?
In 2023, Synergies Castings had a promoter holding of 31.54% and a public holding of 68.47%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Synergies Innovation Labs Private LimitedActive 7 years 2 monthsSatyanarayana Raju is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 Mar 2021 | ₹28.00 Cr | Open |
Others Creation Date: 04 Sep 2020 | ₹30.00 Cr | Open |
Others Creation Date: 09 Oct 2017 | ₹50.00 Cr | Open |
How Many Employees Work at Synergies Castings?
Synergies Castings has a workforce of 965 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 Synergies Castings, 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 Synergies Castings'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.
