D C Synthetics Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U99999MH1981PTC024438 Incorporated 20 May 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹3.17 Cr
▼ 15% YoY
Net loss · FY 2023
₹1.59 Cr
Net margin -50.3%
EBITDA · FY 2023
-₹1.57 Cr
EBITDA margin -49.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹3.18 Cr
Satisfied ₹44.76 Lakh
Company age
45 yrs
Est. 1981
Employees · EPFO
83
Provident fund records

About D C Synthetics Pvt Ltd

Data last updated:

D C Synthetics Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 May 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1981PTC024438. Its GSTIN is 24AAACD3840Q1ZI (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rajjnish Manoharlal Aroraa and Nimish Manoharlal Arora.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 301 – B 'M' Building 3rd Floor Palm Court Complex Above Dmart Malad Link Road Malad (W), Mumbai, Maharashtra, India – 400064.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.17 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr (net margin -50.3%) and EBITDA of -₹1.57 Cr (EBITDA margin -49.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.

The company has about 83 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.18 Cr and satisfied charges of ₹44.76 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending.

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

Company Details of D C Synthetics Pvt Ltd
CIN U99999MH1981PTC024438
Registration Number 024438
Incorporation Date 20 May 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    301 – B 'M' Building 3rd Floor Palm Court Complex Above Dmart Malad Link Road Malad (W), Mumbai, Maharashtra, India – 400064
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for D C Synthetics Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of D C Synthetics Pvt Ltd

The main business activity of D C Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of D C Synthetics Pvt Ltd FY 2023 filings available

D C Synthetics Pvt Ltd reported revenue of ₹3.17 Cr (down 15% YoY) for FY 2023.

Revenue · FY 2023
₹3.17 Cr ▼ 15%
Net loss · FY 2023
₹1.59 Cr margin -50.3%
EBITDA · FY 2023
-₹1.57 Cr margin -49.6%

Compounded Annual Growth Rate (CAGR) of D C Synthetics Pvt Ltd

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 7%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 3%
5 years · compounded
▲ 10%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 15% fall in the latest year. EBITDA fell 64% 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 D C Synthetics Pvt Ltd

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹1.57 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹1.59 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 of D C Synthetics Pvt Ltd

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-49.6%••••••••••••••••
Net Profit Margin-50.3%••••••••••••••••
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••••••••••••••••••••

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 D C Synthetics are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of D C Synthetics Pvt Ltd

D C Synthetics Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Precisian Gurjas Enterprises Private Limited₹3.18 Cr (FY 2025)••••••••7.0%••••Ghaziabad, Uttar Pradesh, India
Devi Dutt Textiles Pvt.Ltd.₹3.17 Cr (FY 2024)••••••••-19.0%••••Secunderabad, Telangana, India
Vian Textiles Private Limited₹3.17 Cr (FY 2025)••••••••624.0%••••Delhi, India
H L Textiles Limited₹3.17 Cr (FY 2025)••••••••1.0%••••New Delhi, Delhi, India
Rukmani Tech Mart Private Limited₹3.17 Cr (FY 2025)••••••••13.0%••••Bhilwara, Rajasthan, India
D C Synthetics Pvt Ltd this company₹3.17 Cr (FY 2023)••••••••-15.0%••••Mumbai, Maharashtra, India
Narad Textiles Private Limited₹3.17 Cr (FY 2025)••••••••253.0%••••Shirpur, Maharashtra, India
Tanzeb Textiles Private Limited₹3.17 Cr (FY 2025)••••••••1.0%••••Chapra, Bihar, India
Agarram Spintex Mills Private Limited₹3.17 Cr (FY 2023)••••••••-27.0%••••Periyar, Tamil Nadu, India
Naachiar Packaging Private Limited₹3.17 Cr (FY 2024)••••••••3.0%••••Coimbatore, Tamil Nadu, India
Vishal Ethnic Private Limited₹3.16 Cr (FY 2025)••••••••-26.0%••••Nagpur, Maharashtra, India

Peers are the five companies nearest above and the five nearest below D C Synthetics by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of D C Synthetics Pvt Ltd

D C Synthetics Pvt Ltd is audited by MALOO OSTWAL & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
MALOO OSTWAL & ASSOCIATESLockedLockedLocked
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Board of Directors of D C Synthetics Pvt Ltd

D C Synthetics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajjnish Manoharlal AroraaDirector26 Nov 199827 Years 10 MonthsCurrent
Nimish Manoharlal AroraDirector26 Nov 199827 Years 10 MonthsCurrent
Veena Manoharlal AroraDirector09 Jan 198937 Years 9 MonthsCurrent

Ownership and Shareholding of D C Synthetics Pvt Ltd

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Charges & Borrowings of D C Synthetics Pvt Ltd

Open charges
₹3.18 Cr
Satisfied charges
₹44.76 Lakh
Breakdown by lending institutions
The Hongkong & Shanghai Banking Corporation Ltd.₹2.00 Cr
Union Bank of India₹0.94 Cr
Punjab National Bank₹0.20 Cr
Bank of Baroda₹0.02 Cr
Nutan Nagarik Sahakari Bank Ltd.₹0.02 Cr
Latest charge details
DateLenderAmountStatus
27 Nov 1998Union Bank of India₹50 LakhOpen
08 Jul 1993Punjab National Bank₹12.5 LakhOpen
10 Jan 1993Union Bank of India₹10 LakhOpen
07 Nov 1988The Hongkong & Shanghai Banking Corporation Ltd.₹2 CrOpen
04 May 1988Union Bank of India₹19.1 LakhOpen

Total charge records: 13 View all charges

MSME Payment Delays by D C Synthetics Pvt Ltd

D C Synthetics Pvt Ltd has 4 MSME Form 1 returns on record between 2020 and 2022, listing 35 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Belting Enterprises Private Limited••••••••••••
an individual supplier••••••••••••
Atul Enterprises••••••••••••
Bagaria & Co LLP••••••••••••
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Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at D C Synthetics Pvt Ltd

D C Synthetics Pvt Ltd has a workforce of 83 employees as of Mar 21, 2024.

Employee count
83
Active EPFO establishments
1
Employee growth
-2.35%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on D C Synthetics Pvt Ltd

D C Synthetics Pvt Ltd has 4 board changes on record since 1989: 3 appointments and 1 cessation. The latest: Manoharlal Dharamchand Arora ceased to be Director on 28 Aug 2017.

AGM
D C Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
D C Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Ceased
Manoharlal Dharamchand Arora ceased to be Director.
Charges
A charge registered on 08 Nov 1995 via Charge ID 90387174 with Union Bank Of India was fully satisfied on 09 Sep 2014.
Charges
A charge registered on 05 Mar 1990 via Charge ID 90386828 with Union Bank Of India was fully satisfied on 09 Sep 2014.
Charges
A charge registered on 16 Nov 1989 via Charge ID 90386811 with Union Bank Of India was fully satisfied on 09 Sep 2014.
Charges
A charge registered on 16 Aug 1989 via Charge ID 90386801 with Union Bank Of India was fully satisfied on 09 Sep 2014.
Charges
A charge with Union Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 90387433 was registered on 27 Nov 1998.
Appointed
Nimish Manoharlal Arora was appointed as Director.
Appointed
Rajjnish Manoharlal Aroraa was appointed as Director.
Charges
A charge with Union Bank Of India amounted to Rs. 12.00 Lakh with Charge ID 90387174 was registered on 08 Nov 1995.
Charges
A charge with Punjab National Bank amounted to Rs. 12.50 Lakh with Charge ID 90375585 was registered on 08 Jul 1993.

13 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for D C Synthetics Pvt Ltd

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Subsidiaries & Group Companies of D C Synthetics Pvt Ltd

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Corporate group structure

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GST Compliance of D C Synthetics Pvt Ltd

D C Synthetics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACD3840Q1ZIGujaratActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of D C Synthetics Pvt Ltd

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MCA filings and documents

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Frequently Asked Questions about D C Synthetics Pvt Ltd

D C Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 May 1981 (45+ years old) and is registered under CIN U99999MH1981PTC024438.

D C Synthetics reported revenue of ₹3.17 Cr for FY 2023 (down 15% YoY).

D C Synthetics has 3 current directors:

D C Synthetics reported a net loss of ₹1.59 Cr (net margin -50.3%) and EBITDA of -₹1.57 Cr (EBITDA margin -49.6%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of D C Synthetics is -7% over three years and -9% over five years. In the latest year (FY 2023) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of D C Synthetics is 24AAACD3840Q1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of D C Synthetics is U99999MH1981PTC024438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

D C Synthetics has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.

D C Synthetics was incorporated on 20 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of D C Synthetics by revenue are Precisian Gurjas Enterprises Private Limited, Devi Dutt Textiles Pvt.Ltd, Vian Textiles Private Limited, H L Textiles Limited, Rukmani Tech Mart Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Manoharlal Dharamchand Arora ceased to be Director on 28 Aug 2017. Nimish Manoharlal Arora was appointed as Director on 26 Nov 1998. Rajjnish Manoharlal Aroraa was appointed as Director on 26 Nov 1998. D C Synthetics has 4 board changes on record in total.

D C Synthetics has 4 MSME Form 1 returns on record between 2020 and 2022, listing 35 overdue payments to 4 micro and small suppliers. The latest return was filed on 03 May 2022.

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