Synthite Industries Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 54 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,114.96 Cr
- Satisfied Charges ₹ 769.12 Cr
- Revenue Growth 24.29%
- Profit Growth 34.09%
- Ebitda 11.54%
- Net Worth 19.64%
- Total Assets 17.99%
About Synthite Industries
Synthite Industries Private Limited (SIPL) was founded in India on 23 July 1970 and has a glorious history of 54 years and six months. Its registered office is in Ernakulam, Kerala, India.
The Corporate was formerly known as Synthite Industrial Chemicals 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 25.00 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹1,114.96 Cr. The company has closed loans amounting to ₹769.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Synthite Industries Private Limited India are Vignesh Sekar as CFO and Vignesh Chandrasekar as Cfo. Varghese Jacob, Aju Jacob, Paolo George, and Two other members serve as directors at the Company.
Company Details
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Location
Ernakulam, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24299KL1970PTC002294
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Company No.
002294
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Jul 1970
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Date of AGM
29 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
What products or services does Synthite Industries Private Limited offer?
Synthite Industries Private Limited offers a wide range of products and services, including Ayurvedic & Herbal Extracts, Herbal Extracts, Prefabricated Houses & Structures, Portable Cabins, Business Planning and Management, Business Consultant, Ayurvedic Powder and Medicinal Herbs, Herbal Powder, Flavours & Aromatics, Antioxidants.
Who are the key members and board of directors at Synthite Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aju Jacob
|
Managing Director | 01-Oct-2007 | Current |
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Vignesh Sekar
|
CFO | 01-Oct-2022 | Current |
| Vignesh Chandrasekar | CFO | 01-Oct-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Varghese Jacob
|
Whole-Time Director | 01-Oct-2007 | Current |
|
Paolo George
|
Director | 27-Nov-2019 | Current |
|
Ashok Mani
|
Director | 05-Apr-2022 | Current |
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Jacob Modayil
|
Director | 01-Nov-2021 | Current |
Financial Performance of Synthite Industries.
Synthite Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.29% increase. The company also saw a substantial improvement in profitability, with a 34.09% increase in profit. The company's net worth Soared by an impressive increase of 19.64%.
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What is the Ownership and Shareholding Structure of Synthite Industries?
In 2022, Synthite Industries had a promoter holding of 29.77% and a public holding of 70.22%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Symega Food Ingredients LimitedPaolo George and Ashok Mani are mutual person
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Algavista Greentech Private LimitedAju Jacob is a mutual person
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Herbal Isolates Pvt LtdVarghese Jacob, Paolo George and 1 more are mutual person
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Kerala State Industrial Development Corpn LtdAju Jacob is a mutual person
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Synthite Infrastructure Projects Private LimitedVarghese Jacob is a mutual person
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Synthite Exports Limited
Varghese Jacob and Paolo George are mutual person
Charges (Loans)
₹1,114.96 Cr
₹769.12 Cr
Charges Breakdown by Lending Institutions
- Others : 501.96 Cr
- Citi Bank N.A. : 226.00 Cr
- Hdfc Bank Limited : 187.00 Cr
- Standard Chartered Bank : 150.00 Cr
- Dbs Bank Ltd : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2024 | Others | ₹31.96 Cr | Open |
| 02 Aug 2021 | Others | ₹35.00 Cr | Open |
| 21 Mar 2019 | Others | ₹150.00 Cr | Open |
| 27 Jun 2016 | Others | ₹100.00 Cr | Open |
| 12 Oct 2012 | Dbs Bank Ltd | ₹50.00 Cr | Open |
How Many Employees Work at Synthite Industries?
Synthite Industries has a workforce of 1597 employees as of Mar 21, 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 Synthite Industries, 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 Synthite Industries'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.
