- #1,277 Sunil Chordia & family ₹1,800 Cr

About Pratibha Syntex Limited
Data last updated:
Pratibha Syntex Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 October 1982 and has been in existence for over 44 years.
Its director Sunil Chordia and family are #1,277 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH1982PLC118017. Its GSTIN is 27AABCP4207C3ZV (Maharashtra). The company holds 12 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹108 Cr and a paid-up capital of ₹23.52 Cr. It was formerly known as Pratibha Syntex Private Limited and Pratibha Syntex Private Limited. It is led by directors including Virender Goyal (Managing Director) and Shreyaskar Chaudhary (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 301 Acme Plaza Andherikurla Road Opp.Sangam Cinema Andheri East, Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹799.94 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.43 Cr (net margin 1.1%) and EBITDA of ₹76.46 Cr (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 5,022 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1,107.61 Cr and satisfied charges of ₹2,155.9 Cr on record. Court records list 32 cases involving the company, including 20 filed by the company and 12 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pratibhasyntex.com.
Company details
Name history
Pratibha Syntex has undergone 4 name changes throughout its history. The current legal name is Pratibha Syntex Limited.
| Company Name | Status |
|---|---|
| Pratibha Syntex Limited | Current |
| Pratibha Syntex Private Limited | Previous |
| Pratibha Syntex Private Limited | Previous |
| Pratibha Processors Limited | Previous |
| Pratibha Processors Private Limited | Previous |
CIN history
Pratibha Syntex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17111MH1982PLC118017, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111MH1982PLC118017 | Current |
| U17111MH1982PTC118017 | Previous |
| U17111MH1999PLC118017 | Previous |
Recognitions & Rankings of Pratibha Syntex
Contact details
Pratibha Syntex Limited's registered office is in Mumbai, Maharashtra. Its website is pratibhasyntex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 Acme Plaza Andherikurla Road Opp.Sangam Cinema Andheri East, Mumbai, Maharashtra, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Pratibha Syntex 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
Business activity
The main business activity of Pratibha Syntex 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 Pratibha Syntex Limited, buy the company report.
Financials of Pratibha Syntex Limited
FY 2024 filings availablePratibha Syntex Limited reported revenue of ₹799.94 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 10% 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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| EBITDA | ₹76.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.43 Cr | ||||
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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 | 9.6% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pratibha Syntex Limited, buy the company report.
Board of directors of Pratibha Syntex Limited
Pratibha Syntex has 8 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asitkumar Basu Also directs: Chhatisgarh Investments Limited | Director | 16 Jul 2010 | 16 Years 3 Months | Current |
| Vinita Phaye | Director | 11 Aug 2015 | 11 Years 2 Months | Current |
| Virender Goyal Also directs: Cedaar Textile Limited, Auburn Design Private Limited | Managing Director | 23 Aug 2025 | 1 Years 2 Months | Current |
| Ram Kishan Sharma | Director | 10 Jun 1996 | 30 Years 4 Months | Current |
| Shreyaskar Chaudhary | Managing Director | 26 Feb 2003 | 23 Years 8 Months | Current |
| Sunil Chordia | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Pratibha Syntex Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Oswal Woollen Mills Ltd | ₹827.7 Cr (FY 2025) | -9.0% | Punjab, India | |||
| Radhamani Textiles Private Limited | ₹818.67 Cr (FY 2025) | 35.0% | Bangalore, Karnataka, India | |||
| NSL Textiles Limited | ₹817.66 Cr (FY 2025) | -19.0% | Guntur, Andhra Pradesh, India | |||
| L.S. Mills Limited | ₹815.63 Cr (FY 2025) | 16.0% | Theni, Tamil Nadu, India | |||
| Amitara Overseas Private Limited | ₹802.73 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Pratibha Syntex Limitedthis company | ₹799.94 Cr (FY 2025) | ₹8.43 Cr | 1.1% | 17.0% | 5,022 | Mumbai, Maharashtra, India |
| Surya Lakshmi Cotton Mills Ltd | ₹796.35 Cr (FY 2025) | 1.0% | Secunderabad, Telangana, India | |||
| Jain Cord Industries Private Limited | ₹787.58 Cr (FY 2025) | 46.0% | Gurgaon, Haryana, India | |||
| Bombay Rayon Fashions Limited | ₹786.1 Cr (FY 2022) | 571.0% | Mumbai, Maharashtra, India | |||
| Premier Fine Linens Private Limited | ₹781.14 Cr (FY 2025) | 42.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Pratibha Syntex Limited, buy the company report.
Auditor
Pratibha Syntex Limited is audited by G.K. CHOKSI & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.K. CHOKSI & CO. | FY 2024 | 101895W |
Shareholding
The shareholding of Pratibha Syntex Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pratibha Syntex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101185070 | Others | ₹1.23 Cr | Open | |
| 30 Oct 2025 | 101185116 | Others | ₹25.41 Lakh | Open | |
| 28 Aug 2024 | 100978329 | Others | ₹30 Cr | Open | |
| 27 Mar 2024 | 100903401 | Indian Bank | ₹85 Cr | Open | |
| 30 May 2022 | 100583499 | Sbicap Trustee Company Limited | ₹38.2 Cr | Open |
To see the full charge records of Pratibha Syntex Limited, buy the company report.
Total charge records: 104 View all charges
Legal cases
Pratibha Syntex Limited has 32 court cases on record: 20 filed by Pratibha Syntex, 12 filed against it. 1 case is pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 9 | 0 |
| District courts | 9 | 1 | 1 |
| Supreme Court | 5 | 2 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against India Denim Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against India Denim Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against India Denim Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ms Karnani Exports Pvt Ltd and Other and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Scanwell Freight Express India Pvt Ltd | Disposed |
To see the full case history of Pratibha Syntex 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
Pratibha Syntex Limited was last rated by Indiarating on 05 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 05 Oct 2021 |
To see the full credit ratings and regulatory alerts of Pratibha Syntex Limited, buy the company report.
MSME payment delays
Pratibha Syntex Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 653 overdue payments to 77 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 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Agrawal Ginning & Pressing | |||
| Hanuman Oil Industries | |||
| Industrial Gas Suppliers | |||
| an individual supplier |
To see the full MSME payment records of Pratibha Syntex Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Pratibha Syntex has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pratibha Swaraj Private Limited | U18209MH2021PTC356232 |
To see the full group structure of Pratibha Syntex Limited, buy the company report.
Employees & EPFO
Pratibha Syntex Limited has a workforce of 5,022 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Pratibha Syntex has 12 GST registrations: 5 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4207C3ZV | Maharashtra | Active | 05 Jul 2018 |
| 08AABCP4207C1ZX | Rajasthan | Active | 01 Jul 2017 |
| 23AABCP4207C1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
| 06AABCP4207C2Z0 | Haryana | Active | 17 Aug 2018 |
To see the full GST registrations and return filing status of Pratibha Syntex Limited, buy the company report.
Recent activity
Pratibha Syntex Limited has 35 board changes on record since 1996: 8 appointments and 27 cessations. The latest: Dipesh Khandelwal ceased to be Additional Director on 29 Sep 2025.
265 earlier events are in the company report.
News
Frequently asked questions
Pratibha Syntex is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 October 1982 (44+ years old) and is registered under CIN U17111MH1982PLC118017.
Pratibha Syntex has 8 current directors:
- Virender Goyal - Managing Director
- Shreyaskar Chaudhary - Managing Director
- Mohanbhai Dajibhai Patel - Whole-Time Director
- Asitkumar Basu - Director
- Vinita Phaye - Director
- Ram Kishan Sharma - Director
- Sunil Chordia - Director
- Dipesh Khandelwal - Director
The latest financial statements of Pratibha Syntex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pratibha Syntex is 27AABCP4207C3ZV, registered in Maharashtra. The company has 12 GST registrations in all, of which 5 are active and 7 are cancelled or inactive. Other active GSTINs include 08AABCP4207C1ZX (Rajasthan), 23AABCP4207C1Z5 (Madhya Pradesh), 06AABCP4207C2Z0 (Haryana).
The CIN (Corporate Identification Number) of Pratibha Syntex is U17111MH1982PLC118017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pratibha Syntex has 32 court cases on record: 20 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
Pratibha Syntex was incorporated on 08 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pratibha Syntex by revenue are Oswal Woollen Mills Ltd, Radhamani Textiles Private Limited, NSL Textiles Limited, L.S. Mills Limited, Amitara Overseas Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dipesh Khandelwal ceased to be Additional Director on 29 Sep 2025. Mohanbhai Dajibhai Patel ceased to be Whole-Time Director on 29 Sep 2025. Sunil Chordia ceased to be Additional Director on 29 Sep 2025. Pratibha Syntex has 35 board changes on record in total.
Pratibha Syntex has 16 MSME Form 1 returns on record between 2019 and 2024, listing 653 overdue payments to 77 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Pratibha Syntex can be reached through the website pratibhasyntex.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pratibha Syntex is at 301 Acme Plaza Andherikurla Road Opp.Sangam Cinema Andheri East, Mumbai, Maharashtra, India.

