MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0134717
Gemsynth Resins Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.12 Lakh
▲ 2% YoY
Net loss · FY 2025
₹4.41 Lakh
Net margin -15.7%
EBITDA · FY 2025
-₹5.07 Lakh
EBITDA margin -18%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.19 Cr
Secured borrowings
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
About Gemsynth Resins Private Limited
Data last updated:
Gemsynth Resins Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 08 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1999PTC118224. Its GSTIN is 27AABCG1832A1Z9 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Nirmala Padmanabha Karle and Ashwin Padmanabh Karle.
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 C – 10 – A Ghatkopar Industrialestate Ghatkopar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.12 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹4.41 Lakh (net margin -15.7%) and EBITDA of -₹5.07 Lakh (EBITDA margin -18%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹1.19 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it.
Gemsynth Resins Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0134717). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemsynth.com.
Company Details of Gemsynth Resins Private Limited
CIN U24100MH1999PTC118224
Registration Number 118224
Incorporation Date 08 February 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0134717
Key People
Nirmala Padmanabha Karle Director Ashwin Padmanabh Karle Director Abhijit Padmanabh Karle Director Recognitions & Rankings of Gemsynth Resins
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 10 – A Ghatkopar Industrialestate Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryManufacturing, Plastic & Resins
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Business Activity of Gemsynth Resins Private Limited
The main business activity of Gemsynth Resins is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel 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 Gemsynth Resins Private Limited FY 2025 filings available
Gemsynth Resins Private Limited reported revenue of ₹28.12 Lakh (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹28.12 Lakh ▲ 2%
Net loss · FY 2025
₹4.41 Lakh margin -15.7%
EBITDA · FY 2025
-₹5.07 Lakh margin -18%
Compounded Annual Growth Rate (CAGR) of Gemsynth Resins Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 18%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 35%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA fell 13% 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 Gemsynth Resins Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹5.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.41 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 Gemsynth Resins Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.7% | •••• | •••• | •••• | •••• |
| 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 Gemsynth Resins are in the company report.
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Financial statements from 2015
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Board of Directors of Gemsynth Resins Private Limited
Gemsynth Resins has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmala Padmanabha Karle | Director | 08 Feb 1999 | 27 Years 8 Months | Current |
| Ashwin Padmanabh Karle | Director | 08 Feb 1999 | 27 Years 8 Months | Current |
| Abhijit Padmanabh Karle Also directs: Memoir Home Innovations Private Limited | Director | 08 Feb 1999 | 27 Years 8 Months | Current |
Peer Comparison of Gemsynth Resins Private Limited
Gemsynth Resins Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sakshi Polymers Private Limited | ₹29.79 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Megha Fibre Glass Industries Limited | ₹29.76 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Hyderabad, Telangana, India |
| Crystal Foam Private Limited | ₹29.44 Lakh (FY 2016) | •••• | •••• | -80.0% | •••• | Ballabgarh, Haryana, India |
| Shri Gannayak Plastic Polymers Limited | ₹29.15 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Suman Polypacks Private Limited | ₹28.24 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Jaipur, Rajasthan, India |
| Gemsynth Resins Private Limited this company | ₹28.12 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Hitech Coatings Private Limited | ₹26.97 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Sarigam, Gujarat, India |
| Duroshine Wallcare Private Limited | ₹26.72 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Raipur, Chhattisgarh, India |
| Xcel Polymer Products Private Limited | ₹26.51 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Bardari, Madhya Pradesh, India |
| Khanvilkar Plasticiser Private Limited | ₹25.92 Lakh (FY 2024) | •••• | •••• | -81.0% | •••• | Tarapur, Maharashtra, India |
| Kahuna Industries Private Limited | ₹25.85 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Gemsynth Resins by revenue in the Manufacturing industry (Plastics and Resins), 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 Gemsynth Resins Private Limited
Gemsynth Resins Private Limited is audited by JDNG & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JDNG & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Gemsynth Resins Private Limited
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Charges & Borrowings of Gemsynth Resins Private Limited
Open charges
₹1.19 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2001 | State Bank of India | ₹1.04 Cr | Open |
| 14 Oct 2000 | State Bank of India | ₹15 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Gemsynth Resins Private Limited
Gemsynth Resins Private Limited has 8 court cases on record: 6 filed by Gemsynth Resins, 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
8
Filed by the company
6
Filed against the company
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (EXA) | Filed against the company by Mahendra Rosin and Turpentine P Ltd | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Mahendra Rosin and Turpentine P Ltd | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Mahendra Rosin and Turpentine P Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Mahendra Rosin and Turpentine P Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Mahendra Rosin and Turpentine P Ltd | Disposed |
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All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Gemsynth Resins Private Limited
Employment history and EPFO contributions of people linked to Gemsynth Resins.
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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 Gemsynth Resins Private Limited
Gemsynth Resins Private Limited has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Padmanabh Parmeshwar Karle ceased to be Director on 13 Jan 2021.
AGM
Gemsynth Resins Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gemsynth Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Padmanabh Parmeshwar Karle ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 104.00 Lakh with Charge ID 90147644 was registered on 14 Mar 2001.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Lakh with Charge ID 90147537 was registered on 14 Oct 2000.
Appointed
Abhijit Padmanabh Karle was appointed as Director.
Appointed
Ashwin Padmanabh Karle was appointed as Director.
Appointed
Nirmala Padmanabha Karle was appointed as Director.
Appointed
Padmanabh Parmeshwar Karle was appointed as Director.
Incorporation
08 Feb 1999
Gemsynth Resins Private Limited was registered on 08 Feb 1999 with Roc Mumbai I & aged 27 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Gemsynth Resins Private Limited
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MSME Payment Delays by Gemsynth Resins Private Limited
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Subsidiaries & Group Companies of Gemsynth Resins Private Limited
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GST Compliance of Gemsynth Resins Private Limited
Gemsynth Resins has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG1832A1Z9 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Gemsynth Resins Private Limited
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Frequently Asked Questions about Gemsynth Resins Private Limited
Gemsynth Resins is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 08 February 1999 (27+ years old) and is registered under CIN U24100MH1999PTC118224.
Gemsynth Resins reported revenue of ₹28.12 Lakh for FY 2025 (up 2% YoY).
Gemsynth Resins has 3 current directors:
- Nirmala Padmanabha Karle - Director
- Ashwin Padmanabh Karle - Director
- Abhijit Padmanabh Karle - Director
Gemsynth Resins reported a net loss of ₹4.41 Lakh (net margin -15.7%) and EBITDA of -₹5.07 Lakh (EBITDA margin -18%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gemsynth Resins is 18% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gemsynth Resins is 27AABCG1832A1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gemsynth Resins is U24100MH1999PTC118224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemsynth Resins has 8 court cases on record: 6 filed by the company and 2 filed against it. Most are in the high courts.
Gemsynth Resins was incorporated on 08 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gemsynth Resins by revenue are Sakshi Polymers Private Limited, Megha Fibre Glass Industries Limited, Crystal Foam Private Limited, Shri Gannayak Plastic Polymers Limited, Suman Polypacks Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Padmanabh Parmeshwar Karle ceased to be Director on 13 Jan 2021. Abhijit Padmanabh Karle was appointed as Director on 08 Feb 1999. Ashwin Padmanabh Karle was appointed as Director on 08 Feb 1999. Gemsynth Resins has 5 board changes on record in total.