Synovatic Technologies Private Limited
About Synovatic Technologies Private Limited
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Synovatic Technologies Private Limited is a private limited company based in Latur, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC184631.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dhumal Jayashree Ashokrao and Dhumal Apurv Ashokrao.
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 C/O Dhumal Jayshree Ashokrao Moti Nagar, Latur, Maharashtra, India – 413512.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹632 (net margin 0.1%) and EBITDA of ₹2,448 (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 167% over three years.
The company is associated with 1 brand: Synovatic Technology.
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- Registered AddressC/O Dhumal Jayshree Ashokrao Moti Nagar, Latur, Maharashtra, India – 413512
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Synovatic Technologies Private Limited
The main business activity of Synovatic Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Synovatic Technologies Private Limited FY 2025 filings available
Synovatic Technologies Private Limited reported revenue of ₹6.85 Lakh (up 608% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Synovatic Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 167% over three years, including 608% growth in the latest year. EBITDA fell 84% 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 of Synovatic Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2,448 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹632 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Synovatic Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Synovatic Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Synovatic Technologies Private Limited
Synovatic Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Agro Retail and Distribution, Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kbim Agtech Agro Producer Company Limited | ₹6.88 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Jalna, Maharashtra, India |
| Eruthenpathy Farmers Producer Company Limited | ₹6.87 Lakh (FY 2017) | •••• | •••• | •••• | Palakkad, Kerala, India | |
| Ambedkar Nagar Agro Krishi Vikas Producer Company Limited | ₹6.87 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Ambedkar Nagar, Uttar Pradesh, India |
| Hans Developers Private Ltd | ₹6.87 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Maliwadgaon Farmer Producer Company Limited | ₹6.86 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Aurangabad, Maharashtra, India |
| Synovatic Technologies Private Limited this company | ₹6.85 Lakh (FY 2024) | •••• | •••• | 608.0% | •••• | Latur, Maharashtra, India |
| Nildarphan Farmers Producer Company Limited | ₹6.85 Lakh (FY 2023) | •••• | •••• | 919.0% | •••• | Dehganga, West Bengal, India |
| Merakeysaan Agro Producer Company Limited | ₹6.85 Lakh (FY 2023) | •••• | •••• | 51.0% | •••• | Sinhgad Road, Maharashtra, India |
| KTM Developers Private Limited | ₹6.83 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Chhavi Food Private Limited | ₹6.83 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Jaipur, Rajasthan, India |
| Nexus Equity Private Limited | ₹6.82 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Synovatic Technologies by revenue in the BFSI industry (Agro Retail and Distribution, Machinery and Equipment Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Synovatic Technologies Private Limited
Synovatic Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhumal Jayashree Ashokrao | Director | 07 Jun 2019 | 7 Years 4 Months | Current |
| Dhumal Apurv Ashokrao | Director | 07 Jun 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Synovatic Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Synovatic Technologies Private Limited
Synovatic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Synovatic Technologies Private Limited
Synovatic Technologies operates one associated brand: Synovatic Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT, app development, banking, and digital marketing services to businesses. | synovatic.in |
Employees and EPFO Compliance at Synovatic Technologies Private Limited
Employment history and EPFO contributions of people linked to Synovatic Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Synovatic Technologies Private Limited
Synovatic Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Dhumal Apurv Ashokrao was appointed as Director on 07 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Synovatic Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Synovatic Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Synovatic Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Synovatic Technologies Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Synovatic Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Synovatic Technologies Private Limited
Synovatic Technologies is an active private limited company based in Latur, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 June 2019 (7+ years old) and is registered under CIN U72900PN2019PTC184631.
Synovatic Technologies reported revenue of ₹6.85 Lakh for FY 2024 (up 608% YoY).
Synovatic Technologies has 2 current directors:
- Dhumal Jayashree Ashokrao - Director
- Dhumal Apurv Ashokrao - Director
Synovatic Technologies reported a net profit of ₹632 (net margin 0.1%) and EBITDA of ₹2,448 (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synovatic Technologies is 167% over three years. In the latest year (FY 2024) revenue rose 608%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Synovatic Technologies is U72900PN2019PTC184631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synovatic Technologies was incorporated on 07 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Synovatic Technologies by revenue are Kbim Agtech Agro Producer Company Limited, Eruthenpathy Farmers Producer Company Limited, Ambedkar Nagar Agro Krishi Vikas Producer Company Limited, Hans Developers Private Ltd, Maliwadgaon Farmer Producer Company Limited and 5 more, all in the BFSI industry (Agro Retail and Distribution, Machinery and Equipment Leasing).
Dhumal Apurv Ashokrao was appointed as Director on 07 Jun 2019. Dhumal Jayashree Ashokrao was appointed as Director on 07 Jun 2019.
The registered office of Synovatic Technologies is at CO Dhumal Jayshree Ashokrao Moti Nagar, Latur, Maharashtra, India – 413512.
Synovatic Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.