About Sintex Industries Limited
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Sintex Industries Limited is a public limited company based in Kalol, Gujarat, India, a subsidiary of Reliance Industries Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 June 1931 and has been in existence for over 95 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1931PLC000454. Its GSTIN is 24AADCS0858E2ZK (Gujarat). The company holds 27 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹857.14 Cr. It was formerly known as The Bharat Vijay Mills Ltd. It is led by directors including Antony Simon Joseph Leo (Whole-Time Director) and Siddharth Achuthan.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kalol, Gujarat, India – 382721.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,893.42 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹22.94 Cr (net margin 0.6%) and EBITDA of ₹306.12 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
The company has about 28 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Sintex Industries. As per MCA filings, the company has open charges of ₹2,095 Cr and satisfied charges of ₹11,405 Cr on record. Court records list 568 cases involving the company, including 165 filed by the company and 405 filed against it; 64 cases are pending. The company has 141 deals on record (122 market trades, 8 funding rounds, 8 secondary share transfers), with disclosed funding of ₹3,943.27 Cr; the latest was in March 2023. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Filatex India Limited with revenue of ₹4,273.06 Cr. The company has 6 MSME Form 1 returns on record between 2017 and 2020, listing 74 overdue payments to 23 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sintex.in.
Company details
CIN history
Sintex Industries has one previous CIN (Corporate Identification Number): L17110GJ1931PLC000454. The current CIN is U17110GJ1931PLC000454, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110GJ1931PLC000454 | Current |
| L17110GJ1931PLC000454 | Previous |
Contact details
Sintex Industries Limited's registered office is in Kalol, Gujarat. Its website is sintex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKalol, Gujarat, India – 382721
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sintex Industries 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
Sintex Industries operates one associated brand: Sintex Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable yarns and textiles are manufactured from cotton. | sintex.in |
Business activity
The main business activity of Sintex Industries 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 Sintex Industries Limited, buy the company report.
Financials of Sintex Industries Limited
FY 2025 filings availableSintex Industries Limited reported revenue of ₹3,893.42 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 1% growth in the latest year. EBITDA rose 22% 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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| Total Expenses | |||||
| EBITDA | ₹306.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.94 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sintex Industries Limited, buy the company report.
Board of directors of Sintex Industries Limited
Sintex Industries has 5 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Achuthan Also directs: Alok Industries Limited, Reliance Industrial Infrastructure Limited, Sammaan Capital Limited and 5 more | Director | 29 Mar 2023 | 3 Years 7 Months | Current |
| Shiv Kumar Bhardwaj Also directs: Actoserba Active Wholesale Limited, Purple Panda Fashions Limited, Shopsense Retail Technologies Limited and 5 more | Director | 17 Jan 2024 | 2 Years 9 Months | Current |
| Asokan Arumugam | Director | 29 Mar 2023 | 3 Years 7 Months | Current |
| Savithri Parekh Also directs: Navi Mumbai Iia Private Limited, BVM Overseas Limited, Reliance Corporate IT Park Limited and 2 more | Director | 03 Aug 2023 | 3 Years 3 Months | Current |
| Antony Simon Joseph Leo Also directs: BVM Overseas Limited | Whole-Time Director | 30 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Sintex Industries Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Filatex India Limited | ₹4,273.06 Cr (FY 2025) | -1.0% | Dadra, Dadra and Nagar Haveli, India | |||
| Gokaldas Exports Limited | ₹3,928.77 Cr (FY 2025) | 63.0% | Mumbai, Maharashtra, India | |||
| Sintex Industries Limitedthis company | ₹3,893.42 Cr (FY 2025) | ₹22.94 Cr | 0.6% | 1.0% | 28 | Kalol, Gujarat, India |
| Garden Silk Mills Private Limited | ₹3,608.13 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Nahar Spinning Mills Ltd | ₹3,318.91 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Nitin Spinners Limited | ₹3,309.25 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Sintex Industries Limited, buy the company report.
Auditor
Sintex Industries Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Sintex Industries 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sintex Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2023 | 100723146 | Others | ₹2,050 Cr | Open | |
| 14 Dec 2018 | 100226519 | Others | ₹45 Cr | Open | |
| 25 Apr 2019 | 100257535 | Others | ₹50 Cr | Satisfied | |
| 29 May 2018 | 100228502 | Others | ₹286.72 Cr | Satisfied | |
| 04 Jan 2018 | 100149291 | Others | ₹182.5 Cr | Satisfied |
To see the full charge records of Sintex Industries Limited, buy the company report.
Total charge records: 39 View all charges
Deals & funding
Sintex Industries Limited has 141 deals on record (122 market trades, 8 funding rounds, 8 secondary share transfers), with disclosed funding of ₹3,943.27 Cr; the latest was in March 2023.
Deals on record (5 of 141)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Market trade | ₹2.98 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Feb 2022 | Market trade | ₹3.21 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Feb 2022 | Market trade | ₹6.9 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Feb 2022 | Market trade | ₹21.69 Cr | Buyer: Topgain Finance Private Limited , Alpha Leon Enterprises LLP , Ashwin Stocks and Investment Private Limited Seller: Alpha Leon Enterprises LLP , Spring Ventures, Topgain Finance Private Limited |
| Feb 2022 | Market trade | ₹16.16 Cr | Buyer: Alpha Leon Enterprises LLP , Ashwin Stocks and Investment Private Limited Seller: Alpha Leon Enterprises LLP , Ashwin Stocks and Investment Private Limited |
To see the full deal history of Sintex Industries 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
Sintex Industries Limited has 568 court cases on record: 165 filed by Sintex Industries, 405 filed against it. 64 cases are pending and 504 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 361 | 295 | 45 |
| High courts | 159 | 76 | 9 |
| NCLAT | 22 | 16 | 6 |
| NCLT | 18 | 14 | 4 |
| Supreme Court | 8 | 4 | 0 |
Cases on record (5 of 568)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Committee of Creditors Sintex Industries Limited Through Punjab National Bank | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Axis Bank Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Chandra Prakash Jain Resolution Professional of Sintex Prefab and Infra Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Mr Pinakin S Shah Irp for Sintex Industries Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against Shankara Building Products Ltd and 9 others | Disposed |
To see the full case history of Sintex Industries 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
Sintex Industries Limited was last rated by Care on 16 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 May 2022 |
To see the full credit ratings and regulatory alerts of Sintex Industries Limited, buy the company report.
MSME payment delays
Sintex Industries Limited has 6 MSME Form 1 returns on record between 2017 and 2020, listing 74 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ravi Fly Ash Products Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| Essae -Teraoka Private Limited |
To see the full MSME payment records of Sintex Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sintex Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| BVM Overseas Limited | U51900GJ2015PLC084582 |
To see the full group structure of Sintex Industries Limited, buy the company report.
Employees & EPFO
Sintex Industries Limited has a workforce of 28 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Sintex Industries has 27 GST registrations: 3 active and 24 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0858E2ZK | Gujarat | Active | 01 Jul 2017 |
| 24AADCS0858E3ZJ | Gujarat | Active | 01 Jul 2017 |
| 34AADCS0858E1ZK | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sintex Industries Limited, buy the company report.
Recent activity
Sintex Industries Limited has 38 board changes on record since 2007: 5 appointments and 33 cessations. The latest: Antony Simon Joseph Leo was appointed as Whole-Time Director on 30 Jul 2025.
136 earlier events are in the company report.
News
Frequently asked questions
Sintex Industries is an active public limited company based in Kalol, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 June 1931 (95+ years old) and is registered under CIN U17110GJ1931PLC000454.
Sintex Industries has 5 current directors:
- Antony Simon Joseph Leo - Whole-Time Director
- Siddharth Achuthan - Director
- Shiv Kumar Bhardwaj - Director
- Asokan Arumugam - Director
- Savithri Parekh - Director
The latest financial statements of Sintex Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sintex Industries is 24AADCS0858E2ZK, registered in Gujarat. The company has 27 GST registrations in all, of which 3 are active and 24 are cancelled or inactive. Other active GSTINs include 24AADCS0858E3ZJ (Gujarat), 34AADCS0858E1ZK (Puducherry).
The CIN (Corporate Identification Number) of Sintex Industries is U17110GJ1931PLC000454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sintex Industries has 568 court cases on record: 165 filed by the company and 405 filed against it. 64 are pending. Most are in the district courts.
Sintex Industries was incorporated on 01 June 1931, making it 95+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sintex Industries has 141 deals on record (122 market trades, 8 funding rounds, 8 secondary share transfers), with disclosed funding of ₹3,943.27 Cr; the latest was in March 2023.
The peers of Sintex Industries by revenue are Filatex India Limited, Gokaldas Exports Limited, Garden Silk Mills Private Limited, Nahar Spinning Mills Ltd, Nitin Spinners Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Antony Simon Joseph Leo was appointed as Whole-Time Director on 30 Jul 2025. Jinendra Kumar Jain ceased to be CFO on 18 Apr 2025. Rajeev Gupta ceased to be Manager on 18 Oct 2024. Sintex Industries has 38 board changes on record in total.
Sintex Industries has 6 MSME Form 1 returns on record between 2017 and 2020, listing 74 overdue payments to 23 micro and small suppliers. The latest return was filed on 18 Dec 2020.
Sintex Industries can be reached through the website sintex.in. Its registered office is in Kalol, Gujarat, India.
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