- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0065684

Alkey Synthetics Private Limited
About Alkey Synthetics Private Limited
Data last updated:
Alkey Synthetics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 June 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH1988PTC047894. Its GSTIN is 27AABCA4765C1ZX (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Samir Ratilal Shah and Manish Ratilal 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 1474 New Kaneri Agra Rdkhotha Compound Bhiwandi, Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.18 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹25.9 Lakh (net margin 1.5%) and EBITDA of ₹1.07 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹11.27 Cr and satisfied charges of ₹24.5 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Alkey Synthetics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0065684). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Alkey Synthetics
Contact details
Alkey Synthetics Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1474 New Kaneri Agra Rdkhotha Compound Bhiwandi, Thane, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Alkey 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
Business activity
The main business activity of Alkey Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Alkey Synthetics Private Limited, buy the company report.
Financials of Alkey Synthetics Private Limited
FY 2025 filings availableAlkey Synthetics Private Limited reported revenue of ₹17.18 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 13% fall in the latest year. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.07 Cr | ||||
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| Net Profit (PAT) | ₹25.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Alkey Synthetics Private Limited, buy the company report.
Board of directors of Alkey Synthetics Private Limited
Alkey Synthetics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Ratilal Shah | Director | 25 Sep 1998 | 28 Years 1 Months | Current |
| Manish Ratilal Shah | Director | 25 Sep 1998 | 28 Years 1 Months | Current |
| Dhruvin Manish Shah | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Alkey Synthetics Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Jitendra Synthetics Private Limited | ₹17.2 Cr (FY 2025) | -20.0% | Bhilwara, Rajasthan, India | |||
| Ichalkaranji Powerloom Mega Cluster Limited | ₹17.2 Cr (FY 2024) | -41.0% | Hatkanangale, Maharashtra, India | |||
| Jairraaj Fashion Private Limited | ₹17.2 Cr (FY 2024) | -3.0% | Rajkot, Gujarat, India | |||
| Alkey Synthetics Private Limitedthis company | ₹17.18 Cr (FY 2025) | ₹25.9 Lakh | 1.5% | -13.0% | Thane, Maharashtra, India | |
| Shreehari Fabrics Private Limited | ₹17.18 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Winpower Textile Private Limited | ₹17.17 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Acme Cotsyn Private Limited | ₹17.14 Cr (FY 2025) | -65.0% | Amraiwadi Ahmedabad, Gujarat, India |
To see the full peer comparison of Alkey Synthetics Private Limited, buy the company report.
Auditor
Alkey Synthetics Private Limited is audited by Panachand K Shah & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Panachand K Shah & Co | FY 2022 | 107271W |
Shareholding
The shareholding of Alkey Synthetics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alkey Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2021 | 100526068 | Others | ₹38 Lakh | Open | |
| 04 Aug 2018 | 100208393 | State Bank of India | ₹2.39 Cr | Open | |
| 01 Aug 2015 | 10587753 | Oriental Bank of Commerce | ₹1.23 Cr | Open | |
| 14 Aug 2014 | 10522050 | Oriental Bank of Commerce | ₹62 Lakh | Open | |
| 16 Apr 2012 | 10355223 | Oriental Bank of Commerce | ₹1.27 Cr | Open |
To see the full charge records of Alkey Synthetics Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Alkey Synthetics Private Limited has 5 court cases on record: 2 filed by Alkey Synthetics, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Writ petition | Filed against the company by SBS Riceland Pvt. Ltd. and 16 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Sakthi Ganesh Textiles Private Ltd. Ors | Disposed |
| Supreme Court | Court case | Filed against the company by Principal Commissioner of Income Tax 2 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-2, Thane | Disposed |
To see the full case history of Alkey 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.
Credit ratings & regulatory alerts
Alkey Synthetics Private Limited was last rated by Care on 06 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Sep 2022 |
To see the full credit ratings and regulatory alerts of Alkey Synthetics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alkey Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alkey Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA4765C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alkey Synthetics Private Limited, buy the company report.
Recent activity
Alkey Synthetics Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Dhruvin Manish Shah ceased to be Additional Director on 30 Nov 2021.
19 earlier events are in the company report.
Frequently asked questions
Alkey Synthetics is an active private limited company based in Thane, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 June 1988 (38+ years old) and is registered under CIN U17200MH1988PTC047894.
Alkey Synthetics has 3 current directors:
- Samir Ratilal Shah - Director
- Manish Ratilal Shah - Director
- Dhruvin Manish Shah - Director
The latest financial statements of Alkey 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 Alkey Synthetics is 27AABCA4765C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Alkey Synthetics is U17200MH1988PTC047894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alkey Synthetics has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Alkey Synthetics was incorporated on 30 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Alkey Synthetics by revenue are Jitendra Synthetics Private Limited, Ichalkaranji Powerloom Mega Cluster Limited, Jairraaj Fashion Private Limited, Shreehari Fabrics Private Limited, Winpower Textile Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dhruvin Manish Shah ceased to be Additional Director on 30 Nov 2021. Dhruvin Manish Shah was appointed as Director on 22 Jul 2021. Ratilal Lakhamshi Shah ceased to be Director on 17 Apr 2021. Alkey Synthetics has 5 board changes on record in total.
Yes, Alkey Synthetics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0065684).
The registered office of Alkey Synthetics is at 1474 New Kaneri Agra Rdkhotha Compound Bhiwandi, Thane, Maharashtra, India – 421302.

