Startup India Government of India
Explore Synergy Synocare Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.81 Cr
▼ 11% YoY
Net profit · FY 2024
₹25.24 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹64.34 Lakh
EBITDA margin 2.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Explore Synergy Synocare Private Limited
Data last updated:
Explore Synergy Synocare Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33119DL2019PTC350683. Its GSTIN is 07AAFCE5064N1ZA (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mukul Nanda and Poonam Nanda.
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 G – 23 F/F Naveen Shahdara Behind Shyam Lal College Shahdara, New Delhi, Delhi, India – 110032.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.81 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹25.24 Lakh (net margin 0.9%) and EBITDA of ₹64.34 Lakh (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 1 brand: Explore Synergy Synocare. As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Explore Synergy Synocare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0014376). For more details, the company can be reached via its website exploresynergysynocare.com.
Company Details of Explore Synergy Synocare Private Limited
CIN U33119DL2019PTC350683
Registration Number 350683
Incorporation Date 29 May 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-02-0014376
Key People
Mukul Nanda Director Poonam Nanda Director Recognitions & Rankings of Explore Synergy Synocare
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-02-0014376
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG – 23 F/F Naveen Shahdara Behind Shyam Lal College Shahdara, New Delhi, Delhi, India – 110032
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
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Associated Brands with Explore Synergy Synocare Private Limited
Explore Synergy Synocare operates one associated brand: Explore Synergy Synocare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer & exporter of lithium ion, solar, electric vehicle, and medical batteries | exploresynergysynocare.com |
Business Activity of Explore Synergy Synocare Private Limited
The main business activity of Explore Synergy Synocare is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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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 Explore Synergy Synocare Private Limited FY 2025 filings available
Explore Synergy Synocare Private Limited reported revenue of ₹28.81 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹28.81 Cr ▼ 11%
Net profit · FY 2024
₹25.24 Lakh margin 0.9%
EBITDA · FY 2024
₹64.34 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR) of Explore Synergy Synocare Private Limited
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 11% fall in the latest year. EBITDA fell 61% 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 Explore Synergy Synocare Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹64.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.24 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 of Explore Synergy Synocare Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Explore Synergy Synocare are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Explore Synergy Synocare Private Limited
Explore Synergy Synocare has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Nanda Also directs: M&S Industries Private Limited | Director | 29 May 2019 | 7 Years 4 Months | Current |
| Poonam Nanda | Director | 29 May 2019 | 7 Years 4 Months | Current |
Peer Comparison of Explore Synergy Synocare Private Limited
Explore Synergy Synocare Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Metal and metal products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.K.M Metal & Alloy Private Limited | ₹28.9 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Chennai, Tamil Nadu, India |
| A V Precision Tubes Private Limited | ₹28.87 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hisar, Haryana, India |
| A.V.Steel Forgings Private Limited | ₹28.85 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Savli, Gujarat, India |
| Allfold Industries Private Limited | ₹28.85 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Kalol, Gujarat, India |
| Trishul Electrocastings Private Limited | ₹28.83 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Bihar, India |
| Explore Synergy Synocare Private Limited this company | ₹28.81 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Swarnim Metals Private Limited | ₹28.78 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Secunderabad, Telangana, India |
| Halten Roofing Private Limited | ₹28.78 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Taliparamba, Kerala, India |
| Meusburger India Private Limited | ₹28.77 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Raj Innotech Limited | ₹28.77 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Gondal, Gujarat, India |
| VG Metpro Private Limited | ₹28.76 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Padavala, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Explore Synergy Synocare by revenue in the same principal business activity (Metal and metal products), 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 Explore Synergy Synocare Private Limited
Explore Synergy Synocare Private Limited is audited by VIKAS BAGGA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIKAS BAGGA & CO. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Explore Synergy Synocare Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Explore Synergy Synocare Private Limited
Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2022 | Hdfc Bank Limited | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Explore Synergy Synocare Private Limited
Explore Synergy Synocare Private Limited has 1 court case on record: 1 filed by Explore Synergy Synocare. All case is disposed. Status as checked on 21 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax & Anr | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Explore Synergy Synocare Private Limited
Employment history and EPFO contributions of people linked to Explore Synergy Synocare.
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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 Explore Synergy Synocare Private Limited
Explore Synergy Synocare Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mukul Nanda was appointed as Director on 29 May 2019.
AGM
Explore Synergy Synocare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 350.00 Lakh registered on 29 Mar 2022 with Charge ID 100583928 was modified on 30 Aug 2025.
Filing
Explore Synergy Synocare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 350.00 Lakh with Charge ID 100583928 was registered on 29 Mar 2022.
Appointed
Mukul Nanda was appointed as Director.
Appointed
Poonam Nanda was appointed as Director.
Incorporation
29 May 2019
Explore Synergy Synocare Private Limited was registered on 29 May 2019 with Roc Delhi I & aged 7 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Explore Synergy Synocare Private Limited
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MSME Payment Delays by Explore Synergy Synocare Private Limited
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Subsidiaries & Group Companies of Explore Synergy Synocare Private Limited
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Corporate group structure
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GST Compliance of Explore Synergy Synocare Private Limited
Explore Synergy Synocare has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCE5064N1ZA | Delhi | Active | 20 Jun 2019 |
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MCA Filings & Documents of Explore Synergy Synocare Private Limited
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Frequently Asked Questions about Explore Synergy Synocare Private Limited
Explore Synergy Synocare is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 May 2019 (7+ years old) and is registered under CIN U33119DL2019PTC350683.
Explore Synergy Synocare reported revenue of ₹28.81 Cr for FY 2024 (down 11% YoY).
Explore Synergy Synocare has 2 current directors:
- Mukul Nanda - Director
- Poonam Nanda - Director
Explore Synergy Synocare reported a net profit of ₹25.24 Lakh (net margin 0.9%) and EBITDA of ₹64.34 Lakh (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Explore Synergy Synocare is -12% over three years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Explore Synergy Synocare is 07AAFCE5064N1ZA, registered in Delhi.
The CIN (Corporate Identification Number) of Explore Synergy Synocare is U33119DL2019PTC350683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Explore Synergy Synocare has 1 court case on record: 1 filed by the company.
Explore Synergy Synocare was incorporated on 29 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Explore Synergy Synocare by revenue are B.K.M Metal & Alloy Private Limited, A V Precision Tubes Private Limited, A.V.Steel Forgings Private Limited, Allfold Industries Private Limited, Trishul Electrocastings Private Limited and 5 more, all in the same principal business activity (Metal and metal products).
Mukul Nanda was appointed as Director on 29 May 2019. Poonam Nanda was appointed as Director on 29 May 2019.