Commercial Syn Bags Limited

BSE: 539986
Commercial Syn Bags Limited - packaging in Indore, Madhya Pradesh, India. FY 2026 financials and compliance.
CIN L25202MP1984PLC002669 Incorporated 10 December 1984 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Listed - BSE: 539986 Public Limited Company packaging
Data last updated
Revenue · FY 2026
₹387 Cr
▲ 11.27% YoY
Computed EBITDA · FY 2026
₹50.63 Cr
▲ 27.88% YoY
Net profit · FY 2026
₹26.32 Cr
▲ 53.74% YoY
Authorised capital
₹42.5 Cr
Registered with MCA
Paid-up capital
₹39.95 Cr
Issued & subscribed
Open charges
₹249.19 Cr
Satisfied ₹99.76 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
1,653
Latest available

About Commercial Syn Bags Limited

Data last updated: 05 January 2026

Commercial Syn Bags Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in woven packaging products, a part of the broader packaging sector. Incorporated on 10 December 1984, the company has been in operation for over 42 years.

Registered with ROC Gwalior under CIN L25202MP1984PLC002669. Listed on BSE: 539986.

Capital: an authorised share capital of ₹42.5 Cr and a paid-up capital of ₹39.95 Cr. Formerly known as Commercial Syn-Bags Private Limited and Commercial Synbags Private Limited. It is led by directors including Milind Mahajan and Virendra Singh Pamecha.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Commercial House 3 – 4 Jaora Compound M.Y.H. Road, Indore, Madhya Pradesh, India – 452001.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹387 Cr, a growth of 11.27% compared to the previous year. The net worth stands at ₹177.51 Cr (up 18.3% YoY). Total assets are valued at ₹358.34 Cr (up 16.46% YoY).

The company has a workforce of approximately 1,653 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Comsyn. As per MCA filings, the company has open charges of ₹249.19 Cr and satisfied charges of ₹99.76 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comsyn.com.

Company Details of Commercial Syn Bags Limited
CIN L25202MP1984PLC002669
Registration Number 002669
Incorporation Date 10 December 1984
ROC Gwalior
Listing Status Listed (BSE: 539986)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Ravindra Choudhary Ceo Anil Choudhary Managing Director Virendra Singh Pamecha Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    comsyn.com
  • Social Media
  • Registered Address
    Commercial House 3 – 4 Jaora Compound M.Y.H. Road, Indore, Madhya Pradesh, India – 452001
  • Industry
    Packaging, Woven Packaging Products
Company report
Commercial Syn Bags Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Commercial Syn Bags Limited report

Financials, compliance, directors, charges, ownership and filings for Commercial Syn Bags Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Commercial Syn Bags Limited

Commercial Syn Bags Limited has undergone 3 name changes throughout its history. The company was previously known as Commercial Syn-Bags Private Limited, Commercial Synbags Private Limited, and Commercial Synbags Ltd. The current legal name is Commercial Syn Bags Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Commercial Syn Bags Limited Current
Commercial Syn-Bags Private Limited Previous
Commercial Synbags Private Limited Previous
Commercial Synbags Ltd Previous

CIN History of Commercial Syn Bags Limited

Commercial Syn Bags Limited has one previous CIN (Corporate Identification Number): U25202MP1984PLC002669. The current CIN is L25202MP1984PLC002669, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L25202MP1984PLC002669 Current
U25202MP1984PLC002669 Previous

Associated Brands with Commercial Syn Bags Limited

Commercial Syn Bags Limited operates one associated brand: COMSYN. These brands represent Commercial Syn Bags Limited's diversified market presence and brand portfolio.

Brand Description Website
COMSYN
Bulk packaging solutions are provided by COMSYN in India. comsyn.com

Business Activity of Commercial Syn Bags Limited

Commercial Syn Bags Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products Locked
G Trade G1 Wholesale Trading Locked
Premium access

Business activity turnover details for Commercial Syn Bags Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Commercial Syn Bags Limited

Commercial Syn Bags Limited is audited by Ashok Kumar Agrawal and Associates (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Ashok Kumar Agrawal and Associates (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors and KMP of Commercial Syn Bags Limited

Commercial Syn Bags Limited currently reports 6 directors and 2 key managerial personnel. 11 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Milind Mahajan
Also directs: Sam Flexipack Solutions Llp, Midwest Autosales Private Limited, Midwest Automobiles Private Limited and 4 more
Director 10 May 2017 9 Years 2 Months Current
Ravindra Choudhary
Also directs: C K Associates Realty Llp, Pravi Investments Llp, Comsyn International Private Limited and 1 more
Ceo 12 May 2016 10 Years 2 Months Current
Sandeep Patel Company Secretary 21 Feb 2025 1 Years 4 Months Current
Virendra Singh Pamecha
Also directs: Comsyn International Private Limited, Comsyn India Private Limited
Whole-Time Director 26 Mar 2016 10 Years 3 Months Current
Anil Choudhary
Also directs: C K Associates Realty Llp, Aba Realbuild Private Limited, Comsyn Foundation and 1 more
Managing Director 20 Feb 2008 18 Years 4 Months Current
Ranjana Choudhary Whole-Time Director 05 Jun 2011 15 Years 1 Months Current
Showing 6 of 8 current directors and KMP. View all directors and KMP

Financials of Commercial Syn Bags Limited FY 2026 filings available

Commercial Syn Bags Limited reported revenue of ₹387 Cr (up 11.27% YoY) for FY 2026.

Revenue · FY 2026
₹387 Cr ▲ 11.27%
Profit · FY 2026
₹26.32 Cr ▲ 53.74%
Computed EBITDA · FY 2026
₹50.63 Cr ▲ 27.88%
Revenue₹ Cr · Consolidated0200400FY 2024: ₹288 Cr288FY 2024FY 2025: ₹348 Cr · +20.6% YoY348+20.6%FY 2025FY 2026: ₹387 Cr · +11.3% YoY387+11.3%FY 2026
Net Profit₹ Cr · Consolidated0102030FY 2024: ₹8 Cr7.9FY 2024FY 2025: ₹17 Cr · +117.9% YoY17.1+117.9%FY 2025FY 2026: ₹26 Cr · +53.7% YoY26.3+53.7%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100150Q1'25: ₹77 Cr76.9Q1'25Q2'25: ₹87 Cr86.7Q2'25Q3'25: ₹86 Cr · +21.7% YoY86.5+21.7%Q3'25Q4'25: ₹98 Cr · +40.4% YoY97.8+40.4%Q4'25Q1'26: ₹91 Cr · +17.7% YoY90.5+17.7%Q1'26Q2'26: ₹98 Cr · +13.6% YoY98.5+13.6%Q2'26Q3'26: ₹97 Cr · +12.7% YoY97.5+12.7%Q3'26Q4'26: ₹101 Cr · +2.8% YoY101+2.8%Q4'26
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹387 Cr ₹347.82 Cr ₹288.43 Cr
Other Income ₹2.62 Cr ₹4.03 Cr ₹3.34 Cr
Total Income ₹389.63 Cr ₹351.85 Cr ₹291.78 Cr
Cost of Materials Consumed ₹191.55 Cr ₹183.07 Cr ₹158.57 Cr
Purchases of Stock-in-Trade ₹5.5 Cr ₹7.01 Cr ₹14.97 Cr
Changes in Inventories ₹4.8 Cr -₹5.81 Cr -₹12.99 Cr
Employee Benefit Expense ₹65.3 Cr ₹58.33 Cr ₹51.16 Cr
Finance Costs ₹9.12 Cr ₹9.36 Cr ₹8.41 Cr
Depreciation & Amortisation ₹10.87 Cr ₹8.82 Cr ₹10.93 Cr
Other Expenses ₹71.85 Cr ₹69.65 Cr ₹49.99 Cr
Total Expenses ₹358.99 Cr ₹330.44 Cr ₹281.04 Cr
Profit Before Exceptional Items & Tax ₹30.64 Cr ₹21.41 Cr ₹10.74 Cr
Exceptional Items ₹0 ₹0 ₹0
Profit Before Tax ₹30.64 Cr ₹21.41 Cr ₹10.74 Cr
Total Tax Expense ₹4.32 Cr ₹4.29 Cr ₹2.88 Cr
Net Profit ₹26.32 Cr ₹17.12 Cr ₹7.86 Cr
  attributable to Owners - ₹0 ₹0
  attributable to NCI - ₹0 ₹0
Other Comprehensive Income ₹64.64 Lakh ₹59.12 Lakh ₹34.48 Lakh
Total Comprehensive Income ₹26.97 Cr ₹17.71 Cr ₹8.2 Cr
EBITDA (computed) ₹50.63 Cr ₹39.59 Cr ₹30.08 Cr
Basic EPS ₹6.59 ₹4.29 ₹1.97
Diluted EPS ₹6.27 ₹4.29 ₹1.97
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹358.34 Cr ₹307.68 Cr ₹272.91 Cr
Non-current Assets ₹180 Cr ₹141.59 Cr ₹146.98 Cr
Current Assets ₹178.34 Cr ₹166.09 Cr ₹125.93 Cr
Property, Plant & Equipment ₹104.25 Cr ₹99.72 Cr ₹108.06 Cr
Inventories ₹82.54 Cr ₹80.72 Cr ₹72.14 Cr
Trade Receivables ₹65.38 Cr ₹46.18 Cr ₹42.41 Cr
Cash & Equivalents ₹47.15 Lakh ₹1.65 Cr ₹46.38 Lakh
Equity (Net Worth) ₹177.51 Cr ₹150.05 Cr ₹128.74 Cr
Equity Share Capital ₹40.34 Cr ₹39.95 Cr ₹39.95 Cr
Borrowings (Non-current) ₹26.71 Cr ₹20.14 Cr ₹30.9 Cr
Borrowings (Current) ₹93.42 Cr ₹86.72 Cr ₹69.65 Cr
Total Debt (computed) ₹120.13 Cr ₹106.86 Cr ₹100.55 Cr
Current Liabilities ₹139.95 Cr ₹121.78 Cr ₹98.7 Cr
Total Liabilities ₹180.83 Cr ₹157.63 Cr ₹144.18 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹38.93 Cr ₹1.02 Cr ₹6.1 Cr
Investing Cash Flow -₹45.31 Cr -₹21.04 Lakh -₹28.81 Cr
Financing Cash Flow ₹5.2 Cr ₹37.79 Lakh ₹23.12 Cr
Capital Expenditure ₹40.17 Cr ₹9.4 Cr ₹12.47 Cr
Free Cash Flow (computed) -₹1.24 Cr -₹8.38 Cr -₹6.38 Cr
Dividends Paid ₹1.6 Cr ₹0 ₹0
Net Change in Cash -₹1.18 Cr ₹1.18 Cr ₹40.18 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24
Revenue from Operations ₹100.56 Cr ₹97.48 Cr ₹98.45 Cr ₹90.51 Cr ₹97.79 Cr ₹86.49 Cr ₹86.65 Cr ₹76.89 Cr ₹69.63 Cr ₹71.07 Cr
Other Income ₹1.41 Cr ₹14.53 Lakh ₹35.77 Lakh ₹70.65 Lakh ₹2.25 Cr ₹13.28 Lakh ₹79.69 Lakh ₹84.82 Lakh ₹2.27 Cr ₹24.24 Lakh
Total Income ₹101.97 Cr ₹97.63 Cr ₹98.81 Cr ₹91.22 Cr ₹100.04 Cr ₹86.63 Cr ₹87.45 Cr ₹77.74 Cr ₹71.9 Cr ₹71.31 Cr
Cost of Materials Consumed ₹45.91 Cr ₹46.68 Cr ₹48.56 Cr ₹50.41 Cr ₹47.88 Cr ₹40.36 Cr ₹49.53 Cr ₹45.3 Cr ₹36.62 Cr ₹35.48 Cr
Purchases of Stock-in-Trade ₹1.14 Cr ₹2.32 Cr ₹87.04 Lakh ₹1.17 Cr ₹2.2 Cr ₹2.1 Cr ₹1.62 Cr ₹1.1 Cr ₹6.73 Cr ₹2.95 Cr
Changes in Inventories ₹3.81 Cr ₹1.67 Cr ₹2.48 Cr -₹3.16 Cr ₹5.73 Cr ₹1.99 Cr -₹7.55 Cr -₹5.98 Cr -₹10.15 Cr ₹3.79 Cr
Employee Benefit Expense ₹18.05 Cr ₹16.41 Cr ₹16.49 Cr ₹14.35 Cr ₹15.45 Cr ₹14.69 Cr ₹14.38 Cr ₹13.81 Cr ₹13.76 Cr ₹12.94 Cr
Finance Costs ₹2.43 Cr ₹2.16 Cr ₹2.1 Cr ₹2.44 Cr ₹2.2 Cr ₹2.74 Cr ₹2.1 Cr ₹2.33 Cr ₹3.08 Cr ₹1.65 Cr
Depreciation & Amortisation ₹2.75 Cr ₹2.73 Cr ₹2.67 Cr ₹2.72 Cr ₹51.9 Lakh ₹2.64 Cr ₹2.67 Cr ₹3 Cr ₹2.81 Cr ₹2.79 Cr
Other Expenses ₹19.75 Cr ₹18.32 Cr ₹17.05 Cr ₹16.73 Cr ₹15.15 Cr ₹17.91 Cr ₹20.81 Cr ₹15.79 Cr ₹13.92 Cr ₹11.91 Cr
Total Expenses ₹93.84 Cr ₹90.28 Cr ₹90.22 Cr ₹84.65 Cr ₹89.12 Cr ₹82.42 Cr ₹83.55 Cr ₹75.34 Cr ₹66.79 Cr ₹71.51 Cr
Profit Before Exceptional Items & Tax ₹8.13 Cr ₹7.35 Cr ₹8.59 Cr ₹6.57 Cr ₹10.91 Cr ₹4.2 Cr ₹3.9 Cr ₹2.4 Cr ₹5.12 Cr -₹19.54 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹8.13 Cr ₹7.35 Cr ₹8.59 Cr ₹6.57 Cr ₹10.91 Cr ₹4.2 Cr ₹3.9 Cr ₹2.4 Cr ₹5.12 Cr -₹19.54 Lakh
Total Tax Expense ₹1.79 Cr ₹1.34 Cr ₹17.06 Lakh ₹1.02 Cr ₹2.84 Cr ₹68.44 Lakh ₹30.09 Lakh ₹46.26 Lakh ₹1.9 Cr ₹5.52 Lakh
Net Profit ₹6.34 Cr ₹6 Cr ₹8.42 Cr ₹5.55 Cr ₹8.07 Cr ₹3.52 Cr ₹3.6 Cr ₹1.93 Cr ₹3.22 Cr -₹25.06 Lakh
  attributable to Owners - ₹0 ₹0 ₹0 ₹0 ₹0 ₹3.6 Cr ₹0 ₹0 ₹0
  attributable to NCI - ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Other Comprehensive Income ₹64.64 Lakh ₹0 ₹0 ₹0 ₹59.12 Lakh ₹0 ₹0 ₹7,000 ₹34.48 Lakh ₹0
Total Comprehensive Income ₹6.99 Cr ₹6 Cr ₹8.42 Cr ₹5.55 Cr ₹8.66 Cr ₹3.52 Cr ₹3.6 Cr ₹1.94 Cr ₹3.56 Cr -₹25.06 Lakh
EBITDA (computed) ₹13.31 Cr ₹12.24 Cr ₹13.36 Cr ₹11.72 Cr ₹13.64 Cr ₹9.58 Cr ₹8.66 Cr ₹7.72 Cr ₹11.01 Cr ₹4.24 Cr
Basic EPS ₹1.59 ₹1.50 ₹2.11 ₹1.39 ₹2.02 ₹0.88 ₹0.90 ₹0.48 ₹0.81 ₹-0.06
Diluted EPS ₹1.51 ₹1.43 ₹2.01 ₹1.32 ₹2.02 ₹0.88 ₹0.90 ₹0.48 ₹0.81 ₹-0.06
Latest 10 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Segment -A Manufacturing ₹100.06 Cr ₹12.24 Cr ₹331.62 Cr ₹164.65 Cr
Segment-B other Segment ₹49.46 Lakh ₹1.07 Cr ₹26.71 Cr ₹16.18 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Segment -A Manufacturing ₹384.26 Cr ₹47.38 Cr - -
Segment-B other Segment ₹2.75 Cr ₹3.25 Cr - -
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹383.98 Cr ₹341.61 Cr ₹285.56 Cr
Other Income ₹4.46 Cr ₹3.99 Cr ₹3.2 Cr
Total Income ₹388.45 Cr ₹345.6 Cr ₹288.76 Cr
Cost of Materials Consumed ₹189.81 Cr ₹183.94 Cr ₹162.55 Cr
Purchases of Stock-in-Trade ₹5.84 Cr ₹11.24 Cr ₹13.01 Cr
Changes in Inventories ₹7.01 Cr -₹8.37 Cr -₹11.29 Cr
Employee Benefit Expense ₹62.79 Cr ₹55.5 Cr ₹48.59 Cr
Finance Costs ₹8.46 Cr ₹8.76 Cr ₹6.8 Cr
Depreciation & Amortisation ₹9.65 Cr ₹7.81 Cr ₹9.66 Cr
Other Expenses ₹73.73 Cr ₹69.13 Cr ₹49.56 Cr
Total Expenses ₹357.29 Cr ₹328.02 Cr ₹278.88 Cr
Profit Before Exceptional Items & Tax ₹31.15 Cr ₹17.59 Cr ₹9.88 Cr
Exceptional Items ₹0 ₹0 ₹0
Profit Before Tax ₹31.15 Cr ₹17.59 Cr ₹9.88 Cr
Total Tax Expense ₹4.2 Cr ₹3.69 Cr ₹2.64 Cr
Net Profit ₹26.96 Cr ₹13.9 Cr ₹7.25 Cr
Other Comprehensive Income ₹44.42 Lakh ₹52.13 Lakh ₹30.98 Lakh
Total Comprehensive Income ₹27.4 Cr ₹14.42 Cr ₹7.56 Cr
EBITDA (computed) ₹49.27 Cr ₹34.16 Cr ₹26.34 Cr
Basic EPS ₹6.75 ₹3.48 ₹1.81
Diluted EPS ₹6.43 ₹3.48 ₹1.81
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹333.26 Cr ₹282.63 Cr ₹256.23 Cr
Non-current Assets ₹160.83 Cr ₹121.08 Cr ₹127.63 Cr
Current Assets ₹172.43 Cr ₹161.56 Cr ₹128.6 Cr
Property, Plant & Equipment ₹84.36 Cr ₹82.7 Cr ₹89.6 Cr
Inventories ₹78.17 Cr ₹79.56 Cr ₹67.09 Cr
Trade Receivables ₹65.09 Cr ₹43.16 Cr ₹41.26 Cr
Cash & Equivalents ₹38.14 Lakh ₹1.62 Cr ₹44.72 Lakh
Equity (Net Worth) ₹173.83 Cr ₹145.94 Cr ₹127.92 Cr
Equity Share Capital ₹40.34 Cr ₹39.95 Cr ₹39.95 Cr
Borrowings (Non-current) ₹19.4 Cr ₹19.52 Cr ₹31.05 Cr
Borrowings (Current) ₹90.76 Cr ₹73.11 Cr ₹66.96 Cr
Total Debt (computed) ₹110.16 Cr ₹92.64 Cr ₹98.01 Cr
Current Liabilities ₹131.13 Cr ₹107.04 Cr ₹90.88 Cr
Total Liabilities ₹159.43 Cr ₹136.7 Cr ₹128.32 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹32.49 Cr ₹8.04 Cr ₹4.38 Cr
Investing Cash Flow -₹43.66 Cr ₹1.25 Cr -₹28.63 Cr
Financing Cash Flow ₹9.94 Cr -₹8.12 Cr ₹24.63 Cr
Capital Expenditure ₹20.7 Cr ₹7.83 Cr ₹12.28 Cr
Free Cash Flow (computed) ₹11.79 Cr ₹20.92 Lakh -₹7.89 Cr
Dividends Paid ₹1.6 Cr ₹0 ₹0
Net Change in Cash -₹1.23 Cr ₹1.17 Cr ₹38.56 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24
Revenue from Operations ₹100.18 Cr ₹96.99 Cr ₹97.44 Cr ₹89.38 Cr ₹97.02 Cr ₹83.84 Cr ₹85.63 Cr ₹75.12 Cr ₹69.12 Cr ₹69.54 Cr
Other Income ₹2.2 Cr ₹70.19 Lakh ₹95.04 Lakh ₹61.13 Lakh ₹2.45 Cr ₹74.74 Lakh ₹28.45 Lakh ₹50.97 Lakh ₹1.5 Cr ₹88.88 Lakh
Total Income ₹102.37 Cr ₹97.69 Cr ₹98.39 Cr ₹89.99 Cr ₹99.47 Cr ₹84.59 Cr ₹85.92 Cr ₹75.63 Cr ₹70.61 Cr ₹70.42 Cr
Cost of Materials Consumed ₹44.71 Cr ₹47.19 Cr ₹48.57 Cr ₹49.34 Cr ₹48.56 Cr ₹41.2 Cr ₹47.43 Cr ₹46.74 Cr ₹37.92 Cr ₹34.93 Cr
Purchases of Stock-in-Trade ₹1.5 Cr ₹2.27 Cr ₹94.84 Lakh ₹1.12 Cr ₹2.57 Cr ₹2.12 Cr ₹3.71 Cr ₹2.84 Cr ₹5.01 Cr ₹2.64 Cr
Changes in Inventories ₹4.86 Cr ₹1.71 Cr ₹3.01 Cr -₹2.56 Cr ₹6.01 Cr ₹97.46 Lakh -₹6.46 Cr -₹8.89 Cr -₹8.51 Cr ₹4.69 Cr
Employee Benefit Expense ₹17.5 Cr ₹15.73 Cr ₹15.84 Cr ₹13.73 Cr ₹14.82 Cr ₹13.78 Cr ₹13.72 Cr ₹13.17 Cr ₹13.09 Cr ₹12.21 Cr
Finance Costs ₹2.14 Cr ₹2.05 Cr ₹2.01 Cr ₹2.26 Cr ₹2.16 Cr ₹2.54 Cr ₹1.92 Cr ₹2.14 Cr ₹2.03 Cr ₹1.48 Cr
Depreciation & Amortisation ₹2.44 Cr ₹2.44 Cr ₹2.37 Cr ₹2.4 Cr ₹42.67 Lakh ₹2.34 Cr ₹2.36 Cr ₹2.68 Cr ₹2.62 Cr ₹2.45 Cr
Other Expenses ₹20.35 Cr ₹18.77 Cr ₹17 Cr ₹17.61 Cr ₹15.03 Cr ₹17.8 Cr ₹20.72 Cr ₹15.59 Cr ₹13.89 Cr ₹11.8 Cr
Total Expenses ₹93.5 Cr ₹90.16 Cr ₹89.75 Cr ₹83.9 Cr ₹89.58 Cr ₹80.76 Cr ₹83.4 Cr ₹74.28 Cr ₹66.06 Cr ₹70.2 Cr
Profit Before Exceptional Items & Tax ₹8.88 Cr ₹7.54 Cr ₹8.64 Cr ₹6.1 Cr ₹9.89 Cr ₹3.83 Cr ₹2.52 Cr ₹1.35 Cr ₹4.56 Cr ₹22.28 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹8.88 Cr ₹7.54 Cr ₹8.64 Cr ₹6.1 Cr ₹9.89 Cr ₹3.83 Cr ₹2.52 Cr ₹1.35 Cr ₹4.56 Cr ₹22.28 Lakh
Total Tax Expense ₹1.77 Cr ₹1.29 Cr ₹10.45 Lakh ₹1.04 Cr ₹2.67 Cr ₹55.57 Lakh ₹12.04 Lakh ₹34.47 Lakh ₹1.72 Cr ₹16.85 Lakh
Net Profit ₹7.11 Cr ₹6.25 Cr ₹8.54 Cr ₹5.06 Cr ₹7.23 Cr ₹3.27 Cr ₹2.4 Cr ₹1 Cr ₹2.84 Cr ₹5.43 Lakh
Other Comprehensive Income ₹44.42 Lakh ₹0 ₹0 ₹0 ₹52.13 Lakh ₹0 ₹0 ₹0 ₹30.98 Lakh ₹0
Total Comprehensive Income ₹7.56 Cr ₹6.25 Cr ₹8.54 Cr ₹5.06 Cr ₹7.75 Cr ₹3.27 Cr ₹2.4 Cr ₹1 Cr ₹3.15 Cr ₹5.43 Lakh
EBITDA (computed) ₹13.46 Cr ₹12.03 Cr ₹13.03 Cr ₹10.75 Cr ₹12.48 Cr ₹8.71 Cr ₹6.8 Cr ₹6.17 Cr ₹9.21 Cr ₹4.15 Cr
Basic EPS ₹1.78 ₹1.57 ₹2.13 ₹1.27 ₹1.81 ₹0.82 ₹0.60 ₹0.25 ₹0.71 ₹0.01
Diluted EPS ₹1.70 ₹1.49 ₹2.03 ₹1.21 ₹1.81 ₹0.82 ₹0.60 ₹0.25 ₹0.71 ₹0.01
Latest 10 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Segment -A Manufacturing ₹99.68 Cr ₹12.39 Cr ₹306.54 Cr ₹143.25 Cr
Segment-B other Segment ₹49.46 Lakh ₹1.07 Cr ₹26.71 Cr ₹16.18 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Segment -A Manufacturing ₹381.24 Cr ₹46.02 Cr - -
Segment-B other Segment ₹2.75 Cr ₹3.25 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Commercial Syn Bags Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Commercial Syn Bags Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 59.18%, foreign institutional investors hold 0.17%, domestic institutional investors hold 0.09%, retail and other public shareholders hold 40.55% of Commercial Syn Bags Limited. The company had 5,832 shareholders on record.

Promoters: 59.18%DII (Domestic Institutional): 0.09%FII (Foreign Institutional): 0.17%Retail & Others: 40.55%
Mar 2026
QUARTER
59.18% Promoters
0.09% DII (Domestic Institutional)
0.17% FII (Foreign Institutional)
40.55% Retail & Others
Promoter holding - history
Now 59.18% · Mar 2026High 59.18% · Mar 2026Low 58.79% · Dec 2023
57%58%59%60%61%Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Dec 2023: 58.79%Mar 2024: 58.79%Jun 2024: 58.79%Sep 2024: 58.79%Dec 2024: 58.79%Mar 2025: 58.79%Jun 2025: 58.79%Sep 2025: 58.79%Dec 2025: 58.79%Mar 2026: 59.18%58.79%59.18%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters59.18%58.79%58.79%58.79%58.79%58.79%
Public40.82%41.21%41.21%41.21%41.21%41.21%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters59.18%58.79%58.79%
Public40.82%41.21%41.21%
Promoter change (YoY, %pts)+0.39+0.00-

Board & Governance of Commercial Syn Bags Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Commercial Syn Bags Limited has 6 directors - 3 independent and 3 executive. The board is chaired by Anil Choudhary.

DirectorPositionOn board sinceListed boards
Anil Choudhary Executive Director · MD · Chairperson 1984-12-10 1
Ranjana Choudhary Executive Director 2011-06-05 1
Virendra Singh Pamecha Executive Director 2016-03-26 1
Sunil Agrawal Non-Executive - Independent Director 2025-06-19 1
Milind Mahajan Non-Executive - Independent Director 2017-05-10 1
Vijay Kumar Bansal Non-Executive - Independent Director 2021-02-14 1
Board Committees
CommitteeMembers
Audit Committee Sunil Agrawal (Chairperson), Milind Mahajan, Virendra Singh Pamecha, Vijay Kumar Bansal
Nomination and remuneration committee Sunil Agrawal (Chairperson), Milind Mahajan, Vijay Kumar Bansal
Stakeholders Relationship Committee Milind Mahajan (Chairperson), Anil Choudhary, Sunil Agrawal
Corporate Social Responsibility Committee Anil Choudhary (Chairperson), Ranjana Choudhary, Sunil Agrawal
Corporate Compliance Committee Sunil Agrawal (Chairperson), Anil Choudhary

Group Structure of Commercial Syn Bags Limited

Commercial Syn Bags Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Commercial Syn Bags Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Comsyn India Private Limited U25209MP2020PTC052503 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Commercial Syn Bags Limited

Open charges
₹249.19 Cr
Satisfied charges
₹99.76 Cr
Breakdown by lending institutions
Others₹198.30 Cr
Hdfc Bank Limited₹26.32 Cr
State Bank of India₹24.27 Cr
Indian Overseas Bank₹0.30 Cr
Latest charge details
DateLenderAmountStatus
03 Jul 2025 Indian Overseas Bank ₹30 Lakh Open
21 Jun 2024 Hdfc Bank Limited ₹35 Lakh Open
21 Oct 2022 Hdfc Bank Limited ₹35 Lakh Open
27 May 2022 Others ₹20 Lakh Open
05 Oct 2021 Others ₹27 Lakh Open

Total charge records: 32 View all charges

Employees and EPFO Compliance at Commercial Syn Bags Limited

Commercial Syn Bags Limited has a workforce of 1,653 employees as of Apr 05, 2024.

Employee count
1,653
Active EPFO establishments
3
Employee growth
-26.4%
Premium access

Employee and EPFO history for Commercial Syn Bags Limited

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

GST Compliance of Commercial Syn Bags Limited

Premium access

GST registrations and filing compliance for Commercial Syn Bags Limited

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Commercial Syn Bags Limited

Premium access

Credit ratings, litigation, and regulatory alerts for Commercial Syn Bags Limited

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

  • 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 Commercial Syn Bags Limited

Premium access

MSME payment history for Commercial Syn Bags Limited

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

  • 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 Commercial Syn Bags Limited

Premium access

Corporate group structure for Commercial Syn Bags Limited

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Commercial Syn Bags Limited

Premium access

MCA filings and documents for Commercial Syn Bags Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Recent Activity on Commercial Syn Bags Limited

Charges
11 Nov 2025
A charge with Others of Rs. 187.25 Cr registered on 18 Oct 2018 with Charge ID 100220394 was modified on 11 Nov 2025.
Activity
29 Sep 2025
Commercial Syn Bags Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
03 Jul 2025
A charge with Indian Overseas Bank amounted to Rs. 0.30 Cr with Charge ID 101125308 was registered on 03 Jul 2025.
Directors
19 Jun 2025
Sunil Agrawal was appointed as a Director on 19 Jun 2025 & has been associated with this company since 1 year 24 days.
Activity
31 Mar 2025
Commercial Syn Bags Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Directors
21 Feb 2025
Sandeep Patel was appointed as a Company Secretary on 21 Feb 2025 & has been associated with this company since 1 year 4 months.

Recent News on Commercial Syn Bags Limited

Commercial Syn Bags: Outcome of board meeting
09 Mar 2017 · Moneycontrol

Frequently Asked Questions about Commercial Syn Bags Limited

Commercial Syn Bags Limited is an active public limited company in the packaging sector based in Indore, Madhya Pradesh, India. It was incorporated on 10 December 1984 (42+ years old) and is registered under CIN L25202MP1984PLC002669. Listed on BSE: 539986. The company has 1,653 employees.

Commercial Syn Bags Limited reported revenue of ₹387 Cr for FY 2026 (up 11.27% YoY) based on consolidated NSE filings.

The current directors and KMP of Commercial Syn Bags Limited are:

The primary industry of Commercial Syn Bags Limited is packaging. The company specifically operates in woven packaging products. The company is currently active in this sector.

Yes. Commercial Syn Bags Limited is listed on BSE with code 539986.

Commercial Syn Bags Limited can be reached at the registered office: Commercial House 3 – 4 Jaora Compound M.Y.H. Road, Indore, Madhya Pradesh, India – 452001, or through the website comsyn.com.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available