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The company is engaged in providing spices. it's offer essential oils, & spices.
Synthite Industries Private Limited, is an unlisted private company incorporated on 23 July, 1970. It is classified as a private limited company and is located in , Kerala. It's authorized share capital is INR 25.00 cr and the total paid-up capital is INR 1.05 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
State | Type | Address |
---|---|---|
Kerala | Registered Office | Synthite Corporate House VIII 683-A Kadayirippu NA Kolenchery Ernakulam Kerala - 682311 |
Delhi | Warehouse | GROUND FLOOR, B-113, DDA SHED, OKHLA INDUSTRIAL AREA PHASE-1, NEW DELHI, South Delhi, Delhi, 110020 |
Delhi | Sales Office | DSC-249, FIRST FLOORDLF SOUTH COURT, SAKET, Saket District CedealsIne, SAKET DISTRICT CENTRE, DLF SOUTH COURT, SAKET, New Delhi, South Delhi, Delhi, 110017 |
Delhi | Warehouse | A-50/1 Ground Floor, Okhla Industrial Area Phase-2, Okhla Industrial Area Phase-2, New Delhi, South East Delhi, Delhi, 110020 |
Karnataka | Warehouse, Factory, Sales Office | 38/3, 38/1, 38/2, Kavalettu, Kumarapatnam, Haveri, Karnataka, 581123 |
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Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Sales | 1,470.3 | 1,634.0 | 2,013.4 | 2,050.2 | 2,149.9 |
Operating profit | 114.0 | 274.5 | 306.2 | 182.6 | 213.9 |
Net profit | 83.6 | 196.9 | 264.1 | 275.4 | 128.4 |
Gross margin | 32.4 | 36.2 | 34.9 | 34.5 | 29.8 |
Operating margin | 7.8 | 16.8 | 15.2 | 8.9 | 9.9 |
Net margin | 5.5 | 11.7 | 12.6 | 12.0 | 5.8 |
Networth | 1,259.4 | 1,443.1 | 1,726.5 | 2,051.7 | 2,192.7 |
Borrowings | 199.8 | 356.1 | 410.3 | 349.1 | 545.9 |
Assets | 1,668.5 | 2,127.5 | 2,510.4 | 2,815.2 | 3,060.0 |
Debt to equity | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
Current ratio | 2.9 | 2.4 | 2.4 | 2.7 | 2.7 |
ROE | 6.6 | 13.7 | 15.3 | 13.4 | 5.9 |
Days payable | 51.0 | 89.0 | 82.0 | 62.0 | 35.0 |
WC days | 162.0 | 190.0 | 179.0 | 201.0 | 216.0 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 |
Reserves | 1,258.3 | 1,442.1 | 1,725.4 | 2,050.6 | 2,191.6 |
Borrowings + | 199.8 | 356.1 | 410.3 | 349.1 | 545.9 |
Long term borrowings | 39.5 | 36.7 | 35.0 | 31.5 | 21.5 |
Short term borrowings | 160.3 | 319.4 | 375.3 | 317.6 | 524.4 |
Trade payables + | 139.3 | 255.4 | 293.4 | 227.0 | 144.5 |
Days payable | 51.0 | 89.0 | 82.0 | 62.0 | 35.0 |
Other liabilities + | 209.3 | 328.3 | 373.6 | 414.4 | 321.4 |
Other non-current liabilities | 27.4 | 40.4 | 37.4 | 69.8 | 87.1 |
Other current liabilities | 42.6 | 32.5 | 42.8 | 117.6 | 89.8 |
Total liabilities | 1,668.5 | 2,127.5 | 2,510.4 | 2,815.2 | 3,060.0 |
Fixed Assets + | 299.3 | 310.1 | 400.4 | 470.6 | 461.3 |
Tangible assets | 273.6 | 272.9 | 281.3 | 426.9 | 441.4 |
CWIP | 19.6 | 33.0 | 111.8 | 39.1 | 9.4 |
Intangible assets | 6.1 | 4.3 | 7.4 | 4.6 | 10.5 |
LT loans and advances | 4.1 | 4.3 | 6.3 | 8.7 | 5.1 |
Other non-current assets | 368.9 | 353.6 | 406.9 | 544.0 | 561.9 |
Current assets + | 996.3 | 1,459.5 | 1,696.8 | 1,791.8 | 2,031.7 |
Inventories | 410.9 | 574.7 | 813.5 | 781.4 | 1,043.8 |
Trade receivables | 381.9 | 346.2 | 476.3 | 522.8 | 572.9 |
Cash and cash equivalents | 35.5 | 60.6 | 47.3 | 48.6 | 37.5 |
ST loans and advances | 0.4 | 5.2 | 13.6 | 14.9 | 19.0 |
Other current assets | 167.7 | 472.7 | 346.1 | 424.2 | 358.6 |
Total assets | 1,668.5 | 2,127.5 | 2,510.4 | 2,815.2 | 3,060.0 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Sales + | 1,470.3 | 1,634.0 | 2,013.4 | 2,050.2 | 2,149.9 |
Sales growth % | 10.37 | 11.13 | 23.22 | 1.83 | 4.86 |
Expenses + | 1,410.9 | 1,410.2 | 1,762.1 | 1,950.8 | 2,047.5 |
Cost of goods | 994.1 | 1,042.0 | 1,311.5 | 1,342.5 | 1,509.8 |
Employee cost | 124.3 | 127.2 | 145.2 | 207.5 | 161.9 |
Other costs | 237.9 | 190.3 | 250.4 | 317.5 | 264.2 |
Operating profit + | 114.0 | 274.5 | 306.2 | 182.6 | 213.9 |
Operating margin % | 7.8 | 16.8 | 15.2 | 8.9 | 9.9 |
Other income | 63.4 | 48.7 | 78.1 | 237.2 | 69.4 |
Interest | 15.9 | 9.1 | 14.1 | 27.3 | 35.4 |
Depreciation | 38.7 | 41.6 | 40.8 | 56.0 | 76.1 |
Exceptional items | - | - | 20.1 | 12.7 | 1.4 |
Profit before tax | 122.8 | 272.5 | 349.5 | 349.2 | 173.2 |
Tax | 39.2 | 75.6 | 85.5 | 73.8 | 44.8 |
Profit - disc. ops | - | - | - | - | - |
Net profit | 83.6 | 196.9 | 264.1 | 275.4 | 128.4 |
Net margin % | 5.5 | 11.7 | 12.6 | 12.0 | 5.8 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Solvency + | |||||
Total Debt/Equity | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
Net Debt/Equity | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 |
Total Debt/Assets | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 |
Total Assets/Equity | 1.3 | 1.5 | 1.4 | 1.4 | 1.4 |
Liquidity + | |||||
Current Ratio | 2.9 | 2.4 | 2.4 | 2.7 | 2.7 |
Quick Ratio | 1.7 | 1.5 | 1.2 | 1.5 | 1.3 |
Interest Coverage | 7.2 | 30.3 | 21.8 | 6.7 | 6.0 |
Performance | |||||
Gross Margin | 32.4 | 36.2 | 34.9 | 34.5 | 29.8 |
Operating Margin | 7.8 | 16.8 | 15.2 | 8.9 | 9.9 |
Net Margin | 5.5 | 11.7 | 12.6 | 12.0 | 5.8 |
Return + | |||||
Return on Equity | 6.6 | 13.7 | 15.3 | 13.4 | 5.9 |
Pre-tax ROCE | 7.9 | 20.0 | 19.1 | 7.9 | 7.9 |
Return on Assets | 5.0 | 9.3 | 10.5 | 9.8 | 4.2 |
Pre-tax ROIC | 5.3 | 13.4 | 12.7 | 5.4 | 5.1 |
Efficiency + | |||||
Days Payable | 51.0 | 89.0 | 82.0 | 62.0 | 35.0 |
Days Inventory | 151.0 | 201.0 | 226.0 | 212.0 | 252.0 |
Days Receivable | 95.0 | 77.0 | 86.0 | 93.0 | 97.0 |
Fixed Asset Turnover | 4.9 | 5.3 | 5.0 | 4.4 | 4.7 |
Total Asset Turnover | 0.9 | 0.8 | 0.8 | 0.7 | 0.7 |
Working Capital | |||||
Cash Conversion Cycle | 195.0 | 189.0 | 230.0 | 243.0 | 314.0 |
Working Capital Days | 162.0 | 190.0 | 179.0 | 201.0 | 216.0 |
CitiBank N.A.
No. of Loans: 1
Total Amount : 226.0 cr
Union Bank of India
No. of Loans: 2
Total Amount : 217.0 cr
HDFC Bank Limited
No. of Loans: 3
Total Amount : 192.0 cr
Standard Chartered Bank
No. of Loans: 1
Total Amount : 150.0 cr
The Federal Bank Limited
No. of Loans: 2
Total Amount : 135.0 cr
Export-Import Bank of India
No. of Loans: 1
Total Amount : 124.2 cr
ICICI Bank Limited
No. of Loans: 1
Total Amount : 100.0 cr
DBS Bank Limited
No. of Loans: 1
Total Amount : 50.0 cr
Total Amount : 32.0 cr
Charge Date : 24 Apr, 2024
Total Amount : 226.0 cr
Charge Date : 08 Apr, 2024
Total Amount : 124.2 cr
Charge Date : 16 Nov, 2023
Total Amount : 57.0 cr
Charge Date : 07 Jul, 2023
Designation | Name | DIN/PAN | Tenure |
---|---|---|---|
Managing Director | Varghese Jacob
Shareholder
|
00030179 | 18 years |
Whole-time Director | Aju Jacob
Shareholder
|
00030332 | 18 years |
Director | Paolo George
Shareholder
|
05174645 | 5 years |
Director | Ashok Mani
Shareholder
|
06846169 | 3 years |
Director | Jacob Ninan
Shareholder
|
08759331 | 3 years |
CFO | Vignesh Chandrasekar | <HIDDEN> | 3 years |
Name | State / Country | Incorporation Year | Paidup Capital |
---|---|---|---|
Synthite (USA) Inc. | United States | - | - |
Synthite (Xinxiang) Bio Tech Co. Ltd. | China | - | - |
Synthite Lanka Private Limited | Sri Lanka | - | - |
Synthite Brasil Impotacao & Exportacao Ltda | Brazil | - | - |
Sijmak Exports Private Limited | India | - | - |
Synthite Vietnam LLC | Viet Nam | - | - |
Synthite (Beijing) Bio Tech Co. Ltd. | China | - | - |
Synthite (Dezhou) Bio Tech Co. Ltd. | China | - | - |
The incorporation date of SYNTHITE INDUSTRIES PRIVATE LIMITED is 23 July, 1970
The authorized share capital of SYNTHITE INDUSTRIES PRIVATE LIMITED is INR ₹ 25.0 Cr.
The paid-up capital of SYNTHITE INDUSTRIES PRIVATE LIMITED is INR ₹ 1.0 Cr.
The registered address of SYNTHITE INDUSTRIES PRIVATE LIMITED is Synthite Corporate House VIII 683-A Kadayirippu NA Kolenchery Ernakulam Kerala - 682311
The CIN number of SYNTHITE INDUSTRIES PRIVATE LIMITED is U24299KL1970PTC002294.