MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-07-0000362
Balar Synthetics Private Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹286.11 Cr
▲ 13% YoY
Net profit · FY 2025
₹3.79 Cr
Net margin 1.3%
EBITDA · FY 2025
₹24.85 Cr
EBITDA margin 8.7%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹7.93 Cr
Issued & subscribed
Open charges
₹157.2 Cr
Satisfied ₹154.78 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
313
Provident fund records
About Balar Synthetics Private Limited
Data last updated:
Balar Synthetics Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24302RJ1996PTC012300. Its GSTIN is 08AAACB9033F1ZW (Rajasthan).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹7.93 Cr. It is led by directors including Suresh Kumar Jain (Managing Director) and Vipul Kumar Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Duduwala Compound Behind D Block Bhilwara Textile Market Pur Road, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹286.11 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.79 Cr (net margin 1.3%) and EBITDA of ₹24.85 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company has about 313 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹157.2 Cr and satisfied charges of ₹154.78 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 21 deals on record (13 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹15.28 Cr; the latest was in March 2024. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is K K P Textiles Private Limited with revenue of ₹287.29 Cr.
Balar Synthetics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0000362). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balarindia.com.
Company details
CIN U24302RJ1996PTC012300
Registration Number 012300
Incorporation Date 08 July 1996
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-07-0000362
Key People
Suresh Kumar Jain Managing Director Vipul Kumar Jain Whole-Time Director Girish Balar Whole-Time Director Recognitions & Rankings of Balar Synthetics
Contact details
Balar Synthetics Private Limited's registered office is in Bhilwara, Rajasthan. Its website is balarindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDuduwala Compound Behind D Block Bhilwara Textile Market Pur Road, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Balar Synthetics Private Limited, buy the company report.
Comprehensive company report
Balar Synthetics Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Balar 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 Balar Synthetics Private Limited, buy the company report.
Financials of Balar Synthetics Private Limited
FY 2025 filings availableBalar Synthetics Private Limited reported revenue of ₹286.11 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹286.11 Cr ▲ 13%
Net profit · FY 2025
₹3.79 Cr margin 1.3%
EBITDA · FY 2025
₹24.85 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 7%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 13% growth in the latest year. EBITDA rose 12% 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 |
|---|---|---|---|---|---|
| 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 | ₹24.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.79 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Balar Synthetics Private Limited, buy the company report.
Board of directors of Balar Synthetics Private Limited
Balar Synthetics has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Kumar Jain | Whole-Time Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Girish Balar | Whole-Time Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Suresh Kumar Jain Also directs: Sulzer Processors Private Limited | Managing Director | 08 Jul 1996 | 30 Years 4 Months | Current |
| Meena Jain | Director | 26 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Balar 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 |
|---|---|---|---|---|---|---|
| K K P Textiles Private Limited | ₹287.29 Cr (FY 2025) | 59.0% | Namakkal, Tamil Nadu, India | |||
| Prem Textiles (International) Private Limited | ₹286.58 Cr (FY 2025) | 12.0% | Bhanpura, Madhya Pradesh, India | |||
| Balar Synthetics Private Limitedthis company | ₹286.11 Cr (FY 2025) | ₹3.79 Cr | 1.3% | 13.0% | 313 | Bhilwara, Rajasthan, India |
| Radheshyam Cotspin Private Limited | ₹285.86 Cr (FY 2025) | 9.0% | At Babra, Gujarat, India | |||
| Carloo Tex Private Limited | ₹285.74 Cr (FY 2024) | 1283.0% | Tirupur, Tamil Nadu, India | |||
| Dhruv Globals Limited | ₹285.05 Cr (FY 2019) | -8.0% | Faridabad, Haryana, India |
To see the full peer comparison of Balar Synthetics Private Limited, buy the company report.
Auditor
Balar Synthetics Private Limited is audited by O.P. DAD & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. DAD & CO. | FY 2023 | 002330C |
Shareholding
The shareholding of Balar 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 Balar Synthetics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹157.2 Cr
Satisfied charges
₹154.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2023 | 100869161 | Hdfc Bank Limited | ₹37.19 Lakh | Open | |
| 09 Aug 2023 | 100759038 | Others | ₹27 Cr | Open | |
| 27 Mar 2023 | 100692248 | Hdfc Bank Limited | ₹2.09 Cr | Open | |
| 18 Mar 2023 | 100687319 | Others | ₹90 Cr | Open | |
| 24 Feb 2023 | 100689818 | Hdfc Bank Limited | ₹1.05 Cr | Open |
To see the full charge records of Balar Synthetics Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Balar Synthetics Private Limited has 21 deals on record (13 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹15.28 Cr; the latest was in March 2024.
Total deals
21
Secondary share transfers
13
Funding rounds
7
Rights issue
1
Disclosed funding
₹15.28 Cr
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Suvidhi Rayons Private Limited , Dhanesh Capital Services Private Limited, Techbuild Impex Pvt Ltd , an individual |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Jaltarang Developers Private Limited |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: Suman Fab Private Limited , 3 individuals Seller: Gujarat Chemi Plasto Limited , Convient Housing Finance Limited, Mansi Securities & Commercial Limited |
| Mar 2009 | Funding round | ₹1.24 Cr | Investors: Jaltarang Developers Private Limited |
| Jan 2008 | Funding round | ₹3.5 Cr | Investors: Jaltarang Developers Private Limited , Dhanesh Capital Services Private Limited, Techbuild Impex Pvt Ltd |
To see the full deal history of Balar Synthetics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balar Synthetics Private Limited has 4 court cases on record: 2 filed by Balar Synthetics, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Udaipur, Rajasthan | Civil suit | Filed against the company by an individual | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed against the company by State Government | Disposed |
| NCLT, Jaipur | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Jaipur | Court case (C.P.(CAA)) | Filed by the company against Income Tax Department | Disposed |
To see the full case history of Balar 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
Balar Synthetics Private Limited was last rated by Care on 10 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Apr 2023 |
To see the full credit ratings and regulatory alerts of Balar Synthetics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balar Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Balar Synthetics Private Limited has a workforce of 313 employees on its EPFO records as of Mar 22, 2024, across 2 active EPFO establishments.
Employee count
313
Active EPFO establishments
2
Employee growth
-3.4%
GST
Balar Synthetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACB9033F1ZW | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balar Synthetics Private Limited, buy the company report.
Recent activity
Balar Synthetics Private Limited has 10 board changes on record since 1996: 4 appointments and 6 cessations. The latest: Girish Balar ceased to be Additional Director on 30 Sep 2021.
AGM
Balar Synthetics Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Balar Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 04 Mar 2020 via Charge ID 100327948 with Others was fully satisfied on 29 Aug 2024.
Charges
A charge registered on 24 Oct 2019 via Charge ID 100297678 with Others was fully satisfied on 29 Aug 2024.
Charges
A charge registered on 17 Oct 2019 via Charge ID 100297679 with Others was fully satisfied on 29 Aug 2024.
Charges
A charge registered on 16 Feb 2021 via Charge ID 100417359 with Others was fully satisfied on 30 Jul 2024.
Charges
A charge registered on 07 Sep 2018 via Charge ID 100201867 with Others was fully satisfied on 30 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100869161 was registered on 21 Dec 2023.
Charges
A charge registered on 17 Jan 2019 via Charge ID 100232002 with Others was fully satisfied on 05 Sep 2023.
Charges
A charge registered on 27 Apr 2015 via Charge ID 10569978 with Rajasthan State Industrial Development And Investment Corporation Ltd was fully satisfied on 05 Sep 2023.
Charges
A charge with Others amounted to Rs. 27.00 Cr with Charge ID 100759038 was registered on 09 Aug 2023.
Charges
A charge with Others of Rs. 90.00 Cr registered on 18 Mar 2023 with Charge ID 100687319 was modified on 09 Aug 2023.
69 earlier events are in the company report.
Frequently asked questions
Balar Synthetics is an active private limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 July 1996 (30+ years old) and is registered under CIN U24302RJ1996PTC012300.
Balar Synthetics has 4 current directors:
- Suresh Kumar Jain - Managing Director
- Vipul Kumar Jain - Whole-Time Director
- Girish Balar - Whole-Time Director
- Meena Jain - Director
The latest financial statements of Balar Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balar Synthetics is 08AAACB9033F1ZW, registered in Rajasthan.
The CIN (Corporate Identification Number) of Balar Synthetics is U24302RJ1996PTC012300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balar Synthetics has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Balar Synthetics was incorporated on 08 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
Balar Synthetics has 21 deals on record (13 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹15.28 Cr; the latest was in March 2024.
The peers of Balar Synthetics by revenue are K K P Textiles Private Limited, Prem Textiles (International) Private Limited, Radheshyam Cotspin Private Limited, Carloo Tex Private Limited, Dhruv Globals Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Girish Balar ceased to be Additional Director on 30 Sep 2021. Vipul Kumar Jain ceased to be Additional Director on 30 Sep 2021. Girish Balar was appointed as Whole-Time Director on 05 Aug 2021. Balar Synthetics has 10 board changes on record in total.
Yes, Balar Synthetics is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-07-0000362).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages