About Durga Synthetics Private Limited
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Durga Synthetics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17122GJ2006PTC049374. Its GSTIN is 24AACCD4937G1ZT (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.85 Lakh. It is led by directors Laxmikant Tibra and Suryakant Radheshyam Tibra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 486 Radhakrishna Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.04 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹20,881 (net margin 1.5%) and EBITDA of ₹95,109 (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 68% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website durgasurat.com.
Company details
Contact details
Durga Synthetics Private Limited's registered office is in Surat, Gujarat. Its website is durgasurat.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address486 Radhakrishna Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Durga Synthetics Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Durga Synthetics Private Limited
FY 2025 filings availableDurga Synthetics Private Limited reported revenue of ₹14.04 Lakh (down 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 69% fall in the latest year. EBITDA fell 44% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹95,109 | ||||
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| Net Profit (PAT) | ₹20,881 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Durga Synthetics Private Limited, buy the company report.
Board of directors of Durga Synthetics Private Limited
Durga Synthetics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmikant Tibra Also directs: Tibrewala Projects Private Limited | Director | 15 Nov 2006 | 20 Years 0 Months | Current |
| Suryakant Radheshyam Tibra Also directs: Tibrewala Projects Private Limited | Director | 15 Nov 2006 | 20 Years 0 Months | Current |
Peer comparison
Durga Synthetics Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivalik Cotex Limited | ₹14.1 Lakh (FY 2025) | 642.0% | Delhi, India | |||
| Sri Krishnaraj Visalaakshi Textile Coimbatore Private Limited | ₹14.05 Lakh (FY 2024) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Durga Synthetics Private Limitedthis company | ₹14.04 Lakh (FY 2024) | ₹20,881 | 1.5% | -69.0% | Surat, Gujarat, India | |
| Jap Apparels Private Limited | ₹13.99 Lakh (FY 2025) | -94.0% | Gurgaon, Haryana, India | |||
| Glamour Dyeing and Printing Mills (Surat) Pvt Ltd | ₹13.96 Lakh (FY 2025) | 670.0% | Surat, Gujarat, India | |||
| Amman Fabrics India Private Limited | ₹13.95 Lakh (FY 2024) | 1.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Durga Synthetics Private Limited, buy the company report.
Auditor
Durga Synthetics Private Limited is audited by P K CHIRANIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K CHIRANIA & ASSOCIATES | FY 2020 | 116270W |
Shareholding
The shareholding of Durga Synthetics Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Durga Synthetics Private Limited, buy the company report.
Legal cases
Durga Synthetics Private Limited has 1 court case on record: 1 filed by Durga Synthetics. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (REFER T LC) | Filed by the company against an individual | Disposed |
To see the full case history of Durga Synthetics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Durga Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Durga Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD4937G1ZT | Gujarat | Active | 15 Jul 2017 |
To see the full GST registrations and return filing status of Durga Synthetics Private Limited, buy the company report.
Recent activity
Durga Synthetics Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Chandan Suryakant Tibra ceased to be Director on 08 Mar 2021.
Frequently asked questions
Durga Synthetics is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 November 2006 (20+ years old) and is registered under CIN U17122GJ2006PTC049374.
Durga Synthetics has 2 current directors:
- Laxmikant Tibra - Director
- Suryakant Radheshyam Tibra - Director
The latest financial statements of Durga Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Durga Synthetics is 24AACCD4937G1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Durga Synthetics is U17122GJ2006PTC049374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durga Synthetics has 1 court case on record: 1 filed by the company.
Durga Synthetics was incorporated on 15 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Durga Synthetics by revenue are Shivalik Cotex Limited, Sri Krishnaraj Visalaakshi Textile Coimbatore Private Limited, Jap Apparels Private Limited, Glamour Dyeing and Printing Mills (Surat) Pvt Ltd, Amman Fabrics India Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chandan Suryakant Tibra ceased to be Director on 08 Mar 2021. Chirag Tibra ceased to be Director on 08 Mar 2021. Mehul Laxmikant Tibra ceased to be Director on 08 Mar 2021. Durga Synthetics has 9 board changes on record in total.
Durga Synthetics can be reached through the website durgasurat.com. Its registered office is in Surat, Gujarat, India.
The registered office of Durga Synthetics is at 486 Radhakrishna Textile Market Ring Road, Surat, Gujarat, India – 395002.
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