- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0012229

About Konark Synthetic Limited
Data last updated:
Konark Synthetic Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 17 July 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17200MH1984PLC033451. Its GSTIN is 27AAACK6576G1ZB (Maharashtra). The company holds 2 GST registrations, all of them active. It is recorded as listed by MCA, but trading in its shares on BSE (514128) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.81 Cr. It was formerly known as Konark Synthetics Limited. It is led by directors including Shonit Prakashchand Dalmia (Managing Director) and Anshul Atul Agrawal.
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 Mittal Industrial Estate Bldgno 7 Saki Naka Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.76 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹3.41 Cr (net margin -7.3%) and EBITDA of ₹34.57 Lakh (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Konark group. As per MCA filings, the company has open charges of ₹31.04 Cr and satisfied charges of ₹52.47 Cr on record. Court records list 38 cases involving the company, including 16 filed by the company and 22 filed against it; 8 cases are pending. The company has 9 deals on record (9 market trades); the latest was in November 2009. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Aunde Boshoku (India) Private Limited with revenue of ₹46.81 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 462 overdue payments to 18 micro and small suppliers.
Konark Synthetic Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0012229). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website konarkgroup.co.in.
Company details
Recognitions & Rankings of Konark Synthetic
Contact details
Konark Synthetic Limited's registered office is in Mumbai, Maharashtra. Its website is konarkgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMittal Industrial Estate Bldgno 7 Saki Naka Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Konark Synthetic Limited, 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
Brands
Konark Synthetic operates one associated brand: Konark group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar and wind power generator | konarkgroup.co.in |
Business activity
The main business activity of Konark Synthetic 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 Konark Synthetic Limited, buy the company report.
Financials of Konark Synthetic Limited
FY 2025 filings availableKonark Synthetic Limited reported revenue of ₹46.76 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 92% 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 |
|---|---|---|---|---|---|
| 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 | ₹34.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.41 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | -7.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Konark Synthetic Limited, buy the company report.
Board of directors of Konark Synthetic Limited
Konark Synthetic has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shonit Prakashchand Dalmia Also directs: Trade Bazaar Hometech Ventures LLP, Konark Conwell LLP, Athene Construction LLP and 5 more | Managing Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Anshul Atul Agrawal | Director | 28 Jun 2022 | 4 Years 3 Months | Current |
| Priyanka Sunil Jha | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Riyazuddin Kalimullah Khan Also directs: Crescent Finstock Limited, Net Classroom Private Limited, Positive Biosciences Limited and 1 more | Director | 28 Jun 2022 | 4 Years 3 Months | Current |
Peer comparison
Konark Synthetic Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Aunde Boshoku (India) Private Limited | ₹46.81 Cr (FY 2025) | 1.0% | Mysore, Karnataka, India | |||
| Sri Jayabalaji Spinners Private Limited | ₹46.79 Cr (FY 2024) | -4.0% | Tamil Nadu, India | |||
| Milky Fashion Clothes Private Limited | ₹46.77 Cr (FY 2022) | 49.0% | New Delhi, Delhi, India | |||
| Sushitex Industries Private Limited | ₹46.77 Cr (FY 2019) | -15.0% | Mumbai, Maharashtra, India | |||
| Celadon Home Private Limited | ₹46.77 Cr (FY 2024) | 208.0% | Noida, Uttar Pradesh, India | |||
| Konark Synthetic Limitedthis company | ₹46.76 Cr (FY 2025) | -₹3.41 Cr | -7.3% | 5.0% | 13 | Mumbai, Maharashtra, India |
| Maharaja Dyeing Pvt Ltd | ₹46.76 Cr (FY 2024) | 14.0% | Mumbai, Maharashtra, India | |||
| Saravana Textiles Private Limited | ₹46.69 Cr (FY 2025) | 26.0% | Rajapalayam, Tamil Nadu, India | |||
| Rameshwari Fibres Private Limited | ₹46.68 Cr (FY 2024) | -17.0% | Patiala, Punjab, India | |||
| Ellen Textiles Private Limited | ₹46.62 Cr (FY 2025) | -9.0% | Coimbatore, Tamil Nadu, India | |||
| V R Spinning Mills Private Limited | ₹46.61 Cr (FY 2025) | 61.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Konark Synthetic Limited, buy the company report.
Auditor
Konark Synthetic Limited is audited by Jhunjhunwala Jain & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jhunjhunwala Jain & Associates LLP | FY 2023 | 113675W |
Shareholding
The shareholding of Konark Synthetic Limited 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 Konark Synthetic Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2017 | 100149272 | Others | ₹18.87 Lakh | Open | |
| 28 Nov 2016 | 100068590 | Others | ₹2.4 Cr | Open | |
| 30 Aug 2016 | 100059017 | Hdfc Bank Limited | ₹7.95 Lakh | Open | |
| 28 Feb 2016 | 100026818 | Tata Capital Financial Services Limited | ₹27.79 Lakh | Open | |
| 28 Feb 2016 | 100026824 | Tata Capital Financial Services Limited | ₹39.2 Lakh | Open |
To see the full charge records of Konark Synthetic Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Konark Synthetic Limited has 9 deals on record (9 market trades); the latest was in November 2009.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2009 | Market trade | ₹3.5 Lakh | Seller: Alchemist Capital Limited |
| Jan 2007 | Market trade | ₹4.1 Lakh | Seller: Toubro Holding Ltd |
| Jan 2007 | Market trade | ₹6.1 Lakh | Seller: Toubro Holding Ltd |
| Nov 2006 | Market trade | ₹84.8 Lakh | Buyer: an individual Seller: Konark Silk Mills Private Limited |
| Oct 2006 | Market trade | ₹4.9 Lakh | Seller: Toubro Holding Ltd |
To see the full deal history of Konark Synthetic Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Konark Synthetic Limited has 38 court cases on record: 16 filed by Konark Synthetic, 22 filed against it. 8 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 21 | 7 |
| High courts | 11 | 1 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Unicon Fibro Chemicals Private Limited | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by PNB Housing Finance Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against M/S. Mudra Denim Private Limited and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Unicon Fibro Chemicals Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Konark Synthetic Limited, 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.
Credit ratings & regulatory alerts
Konark Synthetic Limited was last rated by Care on 27 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Jul 2026 |
To see the full credit ratings and regulatory alerts of Konark Synthetic Limited, buy the company report.
MSME payment delays
Konark Synthetic Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 462 overdue payments to 18 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Integrated Perfect Systems (India) Private Limited | |||
| Nmah & Co. | |||
| Purva Sharegistry (India) Private Limited | |||
| Sanjog Communication Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Konark Synthetic Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Konark Synthetic has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| India Denim Limited | U17110GJ2005PLC046159 |
To see the full group structure of Konark Synthetic Limited, buy the company report.
Employees & EPFO
Konark Synthetic Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
Konark Synthetic has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK6576G1ZB | Maharashtra | Active | 01 Jul 2017 |
| 24AAACK6576G2ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Konark Synthetic Limited, buy the company report.
Recent activity
Konark Synthetic Limited has 26 board changes on record since 1984: 16 appointments and 10 cessations. The latest: Prerna Goyal was appointed as Company Secretary on 03 Mar 2025.
72 earlier events are in the company report.
News
Frequently asked questions
Konark Synthetic is an active public limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 17 July 1984 (42+ years old) and is registered under CIN L17200MH1984PLC033451.
Konark Synthetic has 4 current directors:
- Shonit Prakashchand Dalmia - Managing Director
- Anshul Atul Agrawal - Director
- Priyanka Sunil Jha - Director
- Riyazuddin Kalimullah Khan - Director
The latest financial statements of Konark Synthetic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Konark Synthetic is 27AAACK6576G1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACK6576G2ZG (Gujarat).
The CIN (Corporate Identification Number) of Konark Synthetic is L17200MH1984PLC033451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Konark Synthetic is recorded as a listed company by MCA, but trading in its shares on BSE (514128) has been suspended, so they do not currently trade on a stock exchange.
Konark Synthetic has 38 court cases on record: 16 filed by the company and 22 filed against it. 8 are pending. Most are in the district courts.
Konark Synthetic was incorporated on 17 July 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Konark Synthetic has 9 deals on record (9 market trades); the latest was in November 2009.
The peers of Konark Synthetic by revenue are Aunde Boshoku (India) Private Limited, Sri Jayabalaji Spinners Private Limited, Milky Fashion Clothes Private Limited, Sushitex Industries Private Limited, Celadon Home Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Prerna Goyal was appointed as Company Secretary on 03 Mar 2025. Nikunj Haresh Gatecha ceased to be Company Secretary on 07 May 2024. Nikunj Haresh Gatecha was appointed as Company Secretary on 12 Oct 2023. Konark Synthetic has 26 board changes on record in total.
Yes, Konark Synthetic is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0012229).