M.K. Synthetics Private Limited

M.K. Synthetics Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U18100KA2017PTC102025 Incorporated 06 April 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company fashion and textile MSME · Micro
Data last updated
Revenue · FY 2024
₹89.84 Lakh
▼ 68% YoY
Net loss · FY 2024
₹5 Lakh
Net margin -5.6%
EBITDA · FY 2024
₹12.5 Lakh
EBITDA margin 13.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.35 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About M.K. Synthetics Private Limited

Data last updated:

M.K. Synthetics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 06 April 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18100KA2017PTC102025. Its GSTIN is 29AAKCM9759K1ZF (Karnataka). The company holds 5 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Aarthi C Pavecha and Manjula Devi.

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 No. 98/6 Mukti Villa Kavi Lakshmisha R Opposite Mahaveer Jain College V Pura, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2024, the company reported a revenue of ₹89.84 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹5 Lakh (net margin -5.6%) and EBITDA of ₹12.5 Lakh (EBITDA margin 13.9%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 23% over five years.

As per MCA filings, the company has open charges of ₹2.35 Cr on record.

M.K. Synthetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0135411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mksynthetics-private-limited-pavechas.business.site.

Company details

CIN U18100KA2017PTC102025
Registration Number 102025
Incorporation Date 06 April 2017
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-03-0135411

Recognitions & Rankings of M.K. Synthetics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0135411

Contact details

M.K. Synthetics Private Limited's registered office is in Bangalore, Karnataka. Its website is mksynthetics-private-limited-pavechas.business.site. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 98/6 Mukti Villa Kavi Lakshmisha R Opposite Mahaveer Jain College V Pura, Bangalore, Karnataka, India – 560004
  • Industry
    Fashion and Textile, Fashion Retail

To see the full contact details of M.K. Synthetics Private Limited, buy the company report.

Comprehensive company report
M.K. Synthetics Private Limited - 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 M.K. Synthetics is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of M.K. Synthetics Private Limited, buy the company report.

Financials of M.K. Synthetics Private Limited

FY 2024 filings available

M.K. Synthetics Private Limited reported revenue of ₹89.84 Lakh (down 68% YoY) for FY 2024.

Revenue · FY 2024
₹89.84 Lakh ▼ 68%
Net loss · FY 2024
₹5 Lakh margin -5.6%
EBITDA · FY 2024
₹12.5 Lakh margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 44%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 120%
5 years · compounded
▲ 28%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 68% fall in the latest year. EBITDA fell 73% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹12.5 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.9%
Net Profit Margin-5.6%
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 M.K. Synthetics Private Limited, buy the company report.

Board of directors of M.K. Synthetics Private Limited

M.K. Synthetics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aarthi C PavechaDirector23 Apr 20197 Years 6 MonthsCurrent
Manjula DeviDirector06 Apr 20179 Years 6 MonthsCurrent
Chirag PavechaDirector30 Jun 20179 Years 3 MonthsCurrent

Peer comparison

M.K. Synthetics Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vedant Reliable Private Limited₹90.66 Lakh (FY 2025)72.0%Halvad, Gujarat, India
Sangok Apparels Private Limited₹90.31 Lakh (FY 2025)43.0%New Delhi, Delhi, India
M.K. Synthetics Private Limitedthis company₹89.84 Lakh (FY 2024)-₹5 Lakh-5.6%-68.0%Bangalore, Karnataka, India
Vasanth Clothing Private Limited₹89.66 Lakh (FY 2021)121.0%Chennai, Tamil Nadu, India

To see the full peer comparison of M.K. Synthetics Private Limited, buy the company report.

Shareholding

The shareholding of M.K. Synthetics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of M.K. Synthetics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.35 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Apr 2018100171897Others₹2.35 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

M.K. Synthetics has 5 GST registrations: 1 active and 4 cancelled or inactive.

Total GSTINs
5
Active
1
Cancelled / inactive
4
GSTINStateStatusRegistered on
29AAKCM9759K1ZFKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of M.K. Synthetics Private Limited, buy the company report.

Recent activity

M.K. Synthetics Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Rathanchand Hemraj ceased to be Director on 30 Mar 2022.

AGM
M.K. Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
M.K. Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Rathanchand Hemraj ceased to be Director.
Ceased
Aarthi C Pavecha ceased to be Additional Director.
Appointed
Aarthi C Pavecha was appointed as Director.
Ceased
Chirag Pavecha ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 235.00 Lakh with Charge ID 100171897 was registered on 13 Apr 2018.
Appointed
Chirag Pavecha was appointed as Director.
Appointed
Manjula Devi was appointed as Director.
Incorporation
06 Apr 2017
M.K. Synthetics Private Limited was registered on 06 Apr 2017 with Roc Bangalore & aged 9 years 6 months as per MCA records.

Frequently asked questions

M.K. Synthetics is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 06 April 2017 (9+ years old) and is registered under CIN U18100KA2017PTC102025.

M.K. Synthetics has 3 current directors:

The latest financial statements of M.K. 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 FY 2018 are in the company report.

The GSTIN of M.K. Synthetics is 29AAKCM9759K1ZF, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.

The CIN (Corporate Identification Number) of M.K. Synthetics is U18100KA2017PTC102025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M.K. Synthetics was incorporated on 06 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of M.K. Synthetics by revenue are Vedant Reliable Private Limited, Sangok Apparels Private Limited, Vasanth Clothing Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).

Rathanchand Hemraj ceased to be Director on 30 Mar 2022. Aarthi C Pavecha ceased to be Additional Director on 31 Dec 2020. Aarthi C Pavecha was appointed as Director on 23 Apr 2019. M.K. Synthetics has 6 board changes on record in total.

Yes, M.K. Synthetics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0135411).

M.K. Synthetics can be reached through the website mksynthetics-private-limited-pavechas.business.site. Its registered office is in Bangalore, Karnataka, India.

The registered office of M.K. Synthetics is at No. 986 Mukti Villa Kavi Lakshmisha R Opposite Mahaveer Jain College V Pura, Bangalore, Karnataka, India – 560004.