- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0006425

Dharam Synthetics Ltd
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
Recognitions & Rankings of Dharam Synthetics
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 Address21 – A Rajnikant Mansion 55 Ladwadi 2nd Floor Old Hanuman Lane Bombay – 2, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dharam Synthetics Ltd, 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 Dharam 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 Dharam Synthetics Ltd, buy the company report.
Financials of Dharam Synthetics Ltd
FY 2024 filings availableDharam Synthetics Ltd reported revenue of ₹38.43 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.95 Cr | ||||
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| Net Profit (PAT) | ₹81.71 Lakh | ||||
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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 | 5.1% | ||||
| Net Profit Margin | 2.1% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poonam Surenderkumar Tikiya Also directs: Kamal Fabrics Private Limited | Director | 26 Dec 2015 | 10 Years 10 Months | Current |
| Omprakash Manoharlal Tikiya Also directs: Manohar Synthetics LLP, Emtee Shakun Synthetics P LLP | Director | 22 Dec 1995 | 30 Years 10 Months | Current |
| Vibhor Omprakash Tikiya | Director | 26 Dec 2015 | 10 Years 10 Months | Current |
| Subash Dharamchand Tikiya Also directs: Manohar Synthetics LLP, Emtee Shakun Synthetics P LLP | Director | 05 Mar 1993 | 33 Years 8 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 2.1% | 11.0% | 81 | Mumbai, 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 firm | Financial year | Firm registration number |
|---|---|---|
| O.P. GUPTA & ASSOCIATES | FY 2023 | 032152 |
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 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 Dharam Synthetics Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2006 | 80063482 | Hdfc Bank Limited | ₹2.78 Cr | Open | |
| 13 Oct 1993 | 90158685 | Development Co-Op. Bank Ltd. | ₹5 Lakh | Open | |
| 10 Apr 2001 | 90157703 | Development Credit Bank Ltd. | ₹93 Lakh | Satisfied | |
| 27 Sep 1997 | 90156675 | Development Credit Bank Ltd. | ₹44 Lakh | Satisfied | |
| 31 Jul 1995 | 90156147 | Development Credit Bank Ltd. | ₹40 Lakh | Satisfied |
To see the full charge records of Dharam Synthetics Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Dharam Synthetics Ltd has 3 court cases on record: 2 filed by Dharam Synthetics, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Appellate Authority Geb and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Dharam Synthetics Ltd, 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.
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.
GST
Dharam Synthetics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD1580H1Z0 | Gujarat | Active | 01 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.
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:
- Poonam Surenderkumar Tikiya - Director
- Omprakash Manoharlal Tikiya - Director
- Vibhor Omprakash Tikiya - Director
- Subash Dharamchand Tikiya - Director
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.

