Dharam Synthetics Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17120MH1993PTC071043 Incorporated 05 March 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹38.43 Cr
▲ 11% YoY
Net profit · FY 2025
₹81.71 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹1.95 Cr
EBITDA margin 5.1%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.34 Cr
Issued & subscribed
Open charges
₹2.83 Cr
Satisfied ₹2.97 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
81
Provident fund records

About Dharam Synthetics Ltd

Data last updated:

Dharam Synthetics 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 05 March 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1993PTC071043. Its GSTIN is 24AAACD1580H1Z0 (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.34 Cr. It was formerly known as Dharam Synthetics Pvt Ltd. It is led by directors including Poonam Surenderkumar Tikiya and Omprakash Manoharlal Tikiya.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21 – A Rajnikant Mansion 55 Ladwadi 2nd Floor Old Hanuman Lane Bombay – 2, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2025, the company reported a revenue of ₹38.43 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹81.71 Lakh (net margin 2.1%) and EBITDA of ₹1.95 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.

The company has about 81 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.83 Cr and satisfied charges of ₹2.97 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.

Dharam Synthetics Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0006425). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17120MH1993PTC071043
Registration Number 071043
Incorporation Date 05 March 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0006425

Recognitions & Rankings of Dharam Synthetics

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-25-0006425

Contact details

Dharam Synthetics Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    21 – A Rajnikant Mansion 55 Ladwadi 2nd Floor Old Hanuman Lane Bombay – 2, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Dharam Synthetics Ltd, buy the company report.

Comprehensive company report
Dharam Synthetics Ltd - 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
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Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Dharam Synthetics Ltd, buy the company report.

Financials of Dharam Synthetics Ltd

FY 2024 filings available

Dharam Synthetics Ltd reported revenue of ₹38.43 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹38.43 Cr ▲ 11%
Net profit · FY 2025
₹81.71 Lakh margin 2.1%
EBITDA · FY 2025
₹1.95 Cr margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 15%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 11% growth in the latest year. EBITDA rose 6% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹81.71 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.1%
Net Profit Margin2.1%
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 Dharam Synthetics Ltd, buy the company report.

Board of directors of Dharam Synthetics Ltd

Dharam Synthetics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Poonam Surenderkumar TikiyaDirector26 Dec 201510 Years 10 MonthsCurrent
Omprakash Manoharlal TikiyaDirector22 Dec 199530 Years 10 MonthsCurrent
Vibhor Omprakash TikiyaDirector26 Dec 201510 Years 10 MonthsCurrent
Subash Dharamchand TikiyaDirector05 Mar 199333 Years 8 MonthsCurrent

Peer comparison

Dharam Synthetics Ltd is compared with the 7 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ahatheshwarar Spinning Mills Private Limited₹38.52 Cr (FY 2025)-5.0%Tirupur, Tamil Nadu, India
G C G Silk Mills Private Limited₹38.49 Cr (FY 2025)29.0%Surat, Gujarat, India
India Fashions Private Limited₹38.48 Cr (FY 2025)8.0%Thane, Maharashtra, India
Dharam Synthetics Ltdthis company₹38.43 Cr (FY 2025)₹81.71 Lakh2.1%11.0%81Mumbai, Maharashtra, India
Paras Cotspin Limited₹38.42 Cr (FY 2025)-16.0%Samana, Punjab, India
Shree Bankey Bihari Clothing Private Limited₹38.41 Cr (FY 2024)42.0%Haryana, India
Nouveau Textiles Private Limited₹38.37 Cr (FY 2025)9.0%Mumbai, Maharashtra, India
Lakshmi Narasimha Textiles Private Limited₹38.37 Cr (FY 2023)35.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Dharam Synthetics Ltd, buy the company report.

Auditor

Dharam Synthetics Ltd is audited by O.P. GUPTA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
O.P. GUPTA & ASSOCIATESFY 2023032152

Shareholding

The shareholding of Dharam Synthetics Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Dharam Synthetics Ltd, buy the company report.

Charges & borrowings

Open charges
₹2.83 Cr
Satisfied charges
₹2.97 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹2.78 Cr
Development Co-Op. Bank Ltd.₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jan 200680063482Hdfc Bank Limited₹2.78 CrOpen
13 Oct 199390158685Development Co-Op. Bank Ltd.₹5 LakhOpen
10 Apr 200190157703Development Credit Bank Ltd.₹93 LakhSatisfied
27 Sep 199790156675Development Credit Bank Ltd.₹44 LakhSatisfied
31 Jul 199590156147Development Credit Bank Ltd.₹40 LakhSatisfied

To see the full charge records of Dharam Synthetics Ltd, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Dharam Synthetics Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Dharam Synthetics Ltd has a workforce of 81 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
81
Active EPFO establishments
1
Employee growth
-8.99%

GST

Dharam Synthetics has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACD1580H1Z0GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Dharam Synthetics Ltd, buy the company report.

Recent activity

Dharam Synthetics Ltd has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Gianchand Chunilal Kumar ceased to be Director on 26 Dec 2015.

AGM
Dharam Synthetics Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dharam Synthetics Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 2.78 Cr registered on 24 Jan 2006 with Charge ID 80063482 was modified on 17 Oct 2023.
Ceased
Gianchand Chunilal Kumar ceased to be Director.
Appointed
Poonam Surenderkumar Tikiya was appointed as Director.
Appointed
Vibhor Omprakash Tikiya was appointed as Director.
Charges
A charge registered on 10 Apr 2001 via Charge ID 90157703 with Development Credit Bank Ltd. was fully satisfied on 18 Dec 2008.
Charges
A charge registered on 27 Sep 1997 via Charge ID 90156675 with Development Credit Bank Ltd. was fully satisfied on 18 Dec 2008.
Charges
A charge registered on 31 Jul 1995 via Charge ID 90156147 with Development Credit Bank Ltd. was fully satisfied on 18 Dec 2008.
Charges
A charge registered on 13 Oct 1993 via Charge ID 90159385 with Development Credit Bank Ltd. was fully satisfied on 18 Dec 2008.
Charges
A charge registered on 13 Oct 1993 via Charge ID 90155869 with Development Credit Bank Ltd. was fully satisfied on 18 Dec 2008.
Charges
A charge registered on 24 Aug 1993 via Charge ID 90155862 with Development Co-Op. Bank Ltd. was fully satisfied on 18 Dec 2008.

13 earlier events are in the company report.

Frequently asked questions

Dharam 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 05 March 1993 (33+ years old) and is registered under CIN U17120MH1993PTC071043.

Dharam Synthetics has 4 current directors:

The latest financial statements of Dharam Synthetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Dharam Synthetics is 24AAACD1580H1Z0, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Dharam Synthetics is U17120MH1993PTC071043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dharam Synthetics has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.

Dharam Synthetics was incorporated on 05 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Dharam Synthetics by revenue are Ahatheshwarar Spinning Mills Private Limited, G C G Silk Mills Private Limited, India Fashions Private Limited, Paras Cotspin Limited, Shree Bankey Bihari Clothing Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Gianchand Chunilal Kumar ceased to be Director on 26 Dec 2015. Poonam Surenderkumar Tikiya was appointed as Director on 26 Dec 2015. Vibhor Omprakash Tikiya was appointed as Director on 26 Dec 2015. Dharam Synthetics has 5 board changes on record in total.

Yes, Dharam Synthetics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0006425).

The registered office of Dharam Synthetics is at 21 – A Rajnikant Mansion 55 Ladwadi 2nd Floor Old Hanuman Lane Bombay – 2, Mumbai, Maharashtra, India – 400002.