About Navin Syntex Private Limited
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Navin Syntex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 23 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1985PTC007594. Its GSTIN is 24AAACN7306H1ZQ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.99 Lakh. It is led by directors Rohan Hemantbhai Shah (Managing Director) and Hemant Navinchandra Shah.
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 4th Floor Navin Houseopp: Sardar Patel Seva Samaj Hall Navarang Pura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.33 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹79.92 Lakh (net margin 10.9%) and EBITDA of ₹1.08 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navingroup.in.
Company details
Contact details
Navin Syntex Private Limited's registered office is in Ahmedabad, Gujarat. Its website is navingroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Navin Houseopp: Sardar Patel Seva Samaj Hall Navarang Pura, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Navin Syntex 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
Business activity
The main business activities of Navin Syntex are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Navin Syntex Private Limited, buy the company report.
Financials of Navin Syntex Private Limited
FY 2025 filings availableNavin Syntex Private Limited reported revenue of ₹7.33 Cr (down 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 68% 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 | ₹1.08 Cr | ||||
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| Net Profit (PAT) | ₹79.92 Lakh | ||||
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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 | 14.8% | ||||
| Net Profit Margin | 10.9% | ||||
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To see the full financial statements and ratios of Navin Syntex Private Limited, buy the company report.
Board of directors of Navin Syntex Private Limited
Navin Syntex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Navinchandra Shah | Director | 23 Jan 1985 | 41 Years 9 Months | Current |
| Rohan Hemantbhai Shah | Managing Director | 20 Dec 2004 | 21 Years 10 Months | Current |
Peer comparison
Navin Syntex Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking Services, Chemical Retail and Distribution, Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.B Materials Private Limited | ₹7.34 Cr (FY 2025) | -5.0% | Kodakara, Kerala, India | |||
| Navin Syntex Private Limitedthis company | ₹7.33 Cr (FY 2024) | ₹79.92 Lakh | 10.9% | -67.0% | Ahmedabad, Gujarat, India | |
| Jagdhatri Barter Pvt Ltd | ₹7.33 Cr (FY 2023) | -28.0% | Kolkata, West Bengal, India | |||
| Nasar Enterprise Private Limited | ₹7.32 Cr (FY 2024) | 5.0% | Bhagalpur, Bihar, India | |||
| Jinal Textiles Private Limited | ₹7.31 Cr (FY 2016) | Surat, Gujarat, India | ||||
| V V Dye-Chem Pvt Ltd | ₹7.31 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Navin Syntex Private Limited, buy the company report.
Auditor
Navin Syntex Private Limited is audited by R.M MULANI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.M MULANI & CO. | FY 2022 | 40768 |
Shareholding
The shareholding of Navin Syntex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Navin Syntex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navin Syntex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navin Syntex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Navin Syntex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN7306H1ZQ | Gujarat | Active | 28 May 2018 |
To see the full GST registrations and return filing status of Navin Syntex Private Limited, buy the company report.
Recent activity
Navin Syntex Private Limited has 5 board changes on record since 1985: 2 appointments and 3 cessations. The latest: Rohan Hemantbhai Shah ceased to be Director on 13 Jun 2024.
Frequently asked questions
Navin Syntex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 23 January 1985 (41+ years old) and is registered under CIN U17119GJ1985PTC007594.
Navin Syntex has 2 current directors:
- Rohan Hemantbhai Shah - Managing Director
- Hemant Navinchandra Shah - Director
The latest financial statements of Navin Syntex 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 Navin Syntex is 24AAACN7306H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Navin Syntex is U17119GJ1985PTC007594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navin Syntex was incorporated on 23 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Navin Syntex by revenue are S.B Materials Private Limited, Jagdhatri Barter Pvt Ltd, Nasar Enterprise Private Limited, Jinal Textiles Private Limited, V V Dye-Chem Pvt Ltd, all in the BFSI industry (Broking Services, Chemical Retail and Distribution, Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Rohan Hemantbhai Shah ceased to be Director on 13 Jun 2024. Hemant Navinchandra Shah ceased to be Director on 26 Jul 2021. Karan Nileshbhai Shah ceased to be Additional Director on 30 Sep 2019. Navin Syntex has 5 board changes on record in total.
Navin Syntex can be reached through the website navingroup.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Navin Syntex is at 4th Floor Navin Houseopp: Sardar Patel Seva Samaj Hall Navarang Pura, Ahmedabad, Gujarat, India – 380009.
Navin Syntex operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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