
About Cynor Ingredients Private Limited
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Cynor Ingredients Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 25 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC309929. Its GSTIN is 27AAHCC5964F1ZG (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Lubna Arshad Charolia and Mohammed Waseem Nisar Siddiqui.
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 Floor – Grd Plot – 116 1 Karimabad Chs Imamwada Road Umerkhadi Chinchbunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.18 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹97,405 (net margin 0.8%) and EBITDA of ₹2.35 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 27% over five years.
Cynor Ingredients Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0056303). For more details, the company can be reached via its website josefmarc.in.
Company details
Recognitions & Rankings of Cynor Ingredients
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0056303
Contact details
Cynor Ingredients Private Limited's registered office is in Mumbai, Maharashtra. Its website is josefmarc.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFloor – Grd Plot – 116 1 Karimabad Chs Imamwada Road Umerkhadi Chinchbunder, Mumbai, Maharashtra, India – 400009
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Cynor Ingredients 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 Cynor Ingredients is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Cynor Ingredients Private Limited, buy the company report.
Financials of Cynor Ingredients Private Limited
FY 2025 filings availableCynor Ingredients Private Limited reported revenue of ₹1.18 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 9% growth in the latest year. EBITDA fell 35% 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 | ₹2.35 Lakh | ||||
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| Net Profit (PAT) | ₹97,405 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Cynor Ingredients Private Limited, buy the company report.
Board of directors of Cynor Ingredients Private Limited
Cynor Ingredients has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lubna Arshad Charolia | Director | 21 Sep 2023 | 3 Years 1 Months | Current |
| Mohammed Waseem Nisar Siddiqui Also directs: Manaya Construction Private Limited, Umf Tech Labs Private Limited, Acaira Technologies Private Limited and 2 more | Director | 25 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Cynor Ingredients Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bakers Kraft Private Limited | ₹1.2 Cr (FY 2024) | -21.0% | Nashik, Maharashtra, India | |||
| Cynor Ingredients Private Limitedthis company | ₹1.18 Cr (FY 2025) | ₹97,405 | 0.8% | 9.0% | Mumbai, Maharashtra, India | |
| Darkins Chocolate Private Limited | ₹1.18 Cr (FY 2024) | 44.0% | Kolkata, West Bengal, India | |||
| Samrat Bakers Private Limited | ₹1.18 Cr (FY 2024) | -21.0% | Guragon, Haryana, India |
To see the full peer comparison of Cynor Ingredients Private Limited, buy the company report.
Auditor
Cynor Ingredients Private Limited is audited by S F PEREIRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S F PEREIRA & ASSOCIATES | FY 2020 | 144843W |
Shareholding
The shareholding of Cynor Ingredients Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cynor Ingredients Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cynor Ingredients 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 Cynor Ingredients Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cynor Ingredients has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC5964F1ZG | Maharashtra | Active | 24 Jul 2018 |
To see the full GST registrations and return filing status of Cynor Ingredients Private Limited, buy the company report.
Recent activity
Cynor Ingredients Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Khalid Yusuf Kherada ceased to be Director on 02 Oct 2023.
Frequently asked questions
Cynor Ingredients is an active private limited company based in Mumbai, Maharashtra, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 25 May 2018 (8+ years old) and is registered under CIN U74999MH2018PTC309929.
Cynor Ingredients has 2 current directors:
- Lubna Arshad Charolia - Director
- Mohammed Waseem Nisar Siddiqui - Director
The latest financial statements of Cynor Ingredients 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 FY 2019 are in the company report.
The GSTIN of Cynor Ingredients is 27AAHCC5964F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cynor Ingredients is U74999MH2018PTC309929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cynor Ingredients was incorporated on 25 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cynor Ingredients by revenue are Bakers Kraft Private Limited, Darkins Chocolate Private Limited, Samrat Bakers Private Limited, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Khalid Yusuf Kherada ceased to be Director on 02 Oct 2023. Lubna Arshad Charolia ceased to be Additional Director on 29 Sep 2023. Lubna Arshad Charolia was appointed as Director on 21 Sep 2023. Cynor Ingredients has 7 board changes on record in total.
Yes, Cynor Ingredients is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Cynor Ingredients is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0056303).
Cynor Ingredients can be reached through the website josefmarc.in. Its registered office is in Mumbai, Maharashtra, India.

