MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0054306
Market Cap
₹8.68 Cr
PREMSYN · BSE
Share Price
₹18.89
+5.06% today
Revenue
₹22.36 Cr
FY 2013-14 · +22.1% YoY
EBITDA
₹4.83 Cr
Margin 21.6%
Net Profit
₹2.93 Cr
FY 2013-14 · +148.3% YoY
P/E (TTM)
3.2x
P/B -
ROE
9.4%
ROCE 3.5%
Debt / Equity
5.47
Interest cover 75.9x
About Premier Synthetics Limited
Data last updated:
Premier Synthetics Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 October 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L70200GJ1970PLC100829. Its GSTIN is 24AAACP6441P1Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 509835.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹14.09 Cr. It is led by directors including Gautamchand Kewalchand Surana (Managing Director) and Govind Ram Garg.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Surana House Behnd Klassic Chambers Swastik X Rd Opp. Narnarayan Complex Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹11.17 Cr, a decline of 24.5% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Cr (net margin -15.8%) and EBITDA of -₹2.17 Cr (EBITDA margin -19.4%). The net worth stands at ₹30.77 Cr (down 1% YoY). Total assets are valued at ₹30.96 Cr (down 12.2% YoY).
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Premier Synthetics. As per MCA filings, the company has open charges of ₹9.9 Cr and satisfied charges of ₹235.38 Cr on record. Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it; 2 cases are pending. The company has 30 deals on record (30 market trades); the latest was in November 2025. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Cibi Krishna Textiles Private Limited with revenue of ₹8.09 Cr.
Premier Synthetics Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0054306). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premiersyntheticsltd.com.
Company details
CIN L70200GJ1970PLC100829
Registration Number 100829
Incorporation Date 09 October 1970
ROC Ahmedabad
Listing Status Listed - Listed on BSE (509835)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0054306
CIN history
Premier Synthetics has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70200GJ1970PLC100829, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70200GJ1970PLC100829 | Current |
| L99999GJ1970PLC100829 | Previous |
| L70100GJ1970PLC100829 | Previous |
| L99999MH1970PLC014826 | Previous |
Key People
Gautamchand Kewalchand Surana Managing Director Govind Ram Garg Director Sanjaykumar Vinodbhai Majethia Director Recognitions & Rankings of Premier Synthetics
Contact details
Premier Synthetics Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressSurana House Behnd Klassic Chambers Swastik X Rd Opp. Narnarayan Complex Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryManufacturing, Textile & Fabric Production
Comprehensive company report
Premier Synthetics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Premier Synthetics operates one associated brand: Premier Synthetics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile yarn, cotton, denim, fabrics, and synthetic materials are manufactured. | premiersyntheticsltd.com |
Business activity
The main business activity of Premier Synthetics 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 Premier Synthetics Limited, buy the company report.
Financials of Premier Synthetics Limited
FY 2025-26 filings availablePremier Synthetics Limited reported revenue of ₹11.17 Cr (down 24.5% YoY) for FY 2025-26.
Financial Highlights
FY 2013-14 · ConsolidatedRevenue
₹22.36 Cr
+22.1% YoY
EBITDA
₹4.83 Cr
+297.1% YoY
Profit After Tax
₹2.93 Cr
+148.3% YoY
Net Worth
₹21.56 Cr
+450.0% YoY
Total Assets
₹51.57 Cr
+19.3% YoY
Total Debt
₹18.47 Cr
-52.4% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2013-14 | FY 2012-13 |
|---|---|---|
| Income statement | ||
| Revenue | 22.36 | 18.31 |
| Revenue growth | +22.1% | - |
| EBITDA | 4.83 | (2.45) |
| EBITDA margin | +21.6% | -13.4% |
| Profit before tax | 0.65 | 11.50 |
| Net profit | 2.93 | 1.18 |
| Net profit margin | +13.1% | +6.4% |
| EPS (₹) | 7.24 | 32.07 |
| Balance sheet | ||
| Total assets | 51.57 | 43.22 |
| Net worth | 21.56 | 3.92 |
| Total debt | 18.47 | 38.81 |
| Cash & bank | 0.04 | 0.08 |
| Net working capital | 5.66 | 11.05 |
| Cash flow | ||
| Cash from operations | 10.21 | 1.65 |
| Cash from investing | 0.39 | 16.51 |
| Cash from financing | (10.64) | (18.17) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11.17 | 14.80 | 7.99 | 52.68 | 58.32 | 24.36 | 42.92 |
| Revenue growth | -24.5% | +85.2% | -84.8% | -9.7% | +139.4% | -43.2% | - |
| EBITDA | (2.17) | (1.12) | (2.24) | 0.72 | 2.87 | 2.10 | 0.76 |
| EBITDA margin | -19.4% | -7.6% | -28.0% | +1.4% | +4.9% | +8.6% | +1.8% |
| Profit before tax | (0.41) | 1.48 | (2.20) | 0.91 | 2.58 | 1.59 | 0.10 |
| Net profit | (1.77) | 0.80 | 0.38 | (0.29) | 2.17 | 1.54 | (0.03) |
| Net profit margin | -15.9% | +5.4% | +4.8% | -0.6% | +3.7% | +6.3% | -0.1% |
| EPS (₹) | (0.91) | 3.25 | (4.80) | 0.05 | 5.45 | 3.45 | 0.23 |
| Balance sheet | |||||||
| Total assets | 30.96 | 35.27 | 34.52 | 40.92 | 48.80 | 42.10 | 40.46 |
| Net worth | 30.77 | 31.09 | 29.51 | 31.64 | 38.02 | 35.44 | 33.80 |
| Total debt | 0.15 | 4.12 | 2.88 | 7.09 | 10.62 | 6.52 | 6.48 |
| Cash & bank | 0.04 | 0.07 | 0.07 | 0.04 | 1.66 | 0.39 | 0.05 |
| Net working capital | 12.14 | 15.52 | 14.94 | 18.09 | 20.65 | 13.39 | 11.58 |
| Cash flow | |||||||
| Cash from operations | 1.50 | (3.51) | 3.28 | 2.16 | (2.34) | 0.97 | 3.88 |
| Cash from investing | 2.42 | 2.31 | 1.06 | (0.01) | (0.58) | (0.80) | (0.07) |
| Cash from financing | (3.94) | 1.20 | (4.32) | (3.77) | 4.19 | 0.17 | (3.80) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.34 | 1.78 | 2.01 | 4.16 | 3.22 | 3.01 | 0.81 | 2.48 |
| Revenue growth (YoY) | -58.4% | -40.9% | +148.2% | +67.7% | -62.1% | - | - | - |
| Other income | 0.27 | 0.12 | 1.36 | 1.33 | 0.24 | 0.94 | 0.78 | 0.53 |
| Total expenses | 1.32 | 2.32 | 3.25 | 5.32 | 3.22 | 2.50 | 1.75 | 2.81 |
| EBITDA | 0.02 | (0.54) | (1.24) | (1.16) | 0.00 | 0.51 | (0.94) | (0.33) |
| EBITDA margin | +1.5% | -30.3% | -61.7% | -27.9% | 0.0% | +16.9% | -116.0% | -13.3% |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.05 | 0.09 | 0.12 | 0.07 | 0.06 | 0.10 |
| Profit before tax | 0.22 | (0.49) | 0.00 | 0.01 | 0.05 | 1.31 | (0.22) | 0.10 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
| Particulars | FY 2013-14 | FY 2012-13 |
|---|---|---|
| Revenue | 22.36 | 18.31 |
| Revenue growth | +22.1% | - |
| Other income | 0.10 | 17.04 |
| Total expenses | 17.53 | 20.76 |
| Employee cost | 2.58 | 2.44 |
| EBITDA | 4.83 | (2.45) |
| EBITDA margin | +21.6% | -13.4% |
| Depreciation | 2.55 | 2.64 |
| Interest | 1.73 | 0.45 |
| Profit before tax | 0.65 | 11.50 |
| Tax | (1.99) | (0.18) |
| Net profit | 2.93 | 1.18 |
| Net profit margin | +13.1% | +6.4% |
| EPS (₹) | 7.24 | 32.07 |
| Particulars | FY 2013-14 | FY 2012-13 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 13.14 | 13.14 |
| Reserves & surplus | 8.42 | (9.22) |
| Shareholders' funds (net worth) | 21.56 | 3.92 |
| Minority interest | 0.00 | 0.00 |
| Secured loans | 9.95 | 16.10 |
| Unsecured loans | 8.52 | 22.71 |
| Total debt | 18.47 | 38.81 |
| Total liabilities | 51.57 | 43.22 |
| Assets | ||
| Gross block | 75.04 | 65.62 |
| Net block | 36.42 | 24.11 |
| Capital work in progress | 0.00 | 0.00 |
| Investments | 3.75 | 4.29 |
| Inventories | 1.99 | 0.52 |
| Sundry debtors | 4.30 | 12.16 |
| Cash & bank balances | 0.04 | 0.08 |
| Loans & advances | 1.06 | 2.61 |
| Total current assets | 7.39 | 15.37 |
| Total current liabilities | 1.73 | 4.32 |
| Net working capital | 5.66 | 11.05 |
| Total assets | 51.57 | 43.22 |
| Particulars | FY 2013-14 | FY 2012-13 |
|---|---|---|
| Opening cash | 0.08 | 0.09 |
| Net cash from operating activities | 10.21 | 1.65 |
| Net cash from investing activities | 0.39 | 16.51 |
| Net cash from financing activities | (10.64) | (18.17) |
| Net change in cash | (0.04) | (0.01) |
| Closing cash | 0.04 | 0.08 |
| Particulars | FY 2013-14 | FY 2012-13 |
|---|---|---|
| Growth | ||
| Sales growth | +22.1% | - |
| EBITDA growth | +297.1% | - |
| PBT growth | -94.4% | +9997.0% |
| Net income growth | +148.3% | - |
| Profitability & leverage | ||
| Net income margin | +11.8% | +63.8% |
| Return on capital employed | +3.6% | +1.6% |
| Return on net worth | +9.4% | +3.1% |
| Debt / equity | 5.47 | 10.91 |
| Long-term debt / equity | 4.13 | 5.15 |
| Interest cover | 75.88 | -8.84 |
| Efficiency & per share | ||
| Fixed asset turnover | 0.36 | 0.28 |
| Inventory turnover | 17.82 | 34.55 |
| Debtors turnover | 2.72 | 1.17 |
| EPS (₹) | 7.24 | 32.07 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | (8.05) | (15.29) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.34 | 1.78 | 2.01 | 4.16 | 3.22 | 3.01 | 0.81 | 2.48 |
| Revenue growth (YoY) | -58.4% | -40.9% | +148.2% | +67.7% | -62.1% | - | - | - |
| Other income | 0.27 | 0.12 | 1.36 | 1.33 | 0.24 | 0.94 | 0.78 | 0.53 |
| Total expenses | 1.32 | 2.32 | 3.25 | 5.32 | 3.22 | 2.50 | 1.75 | 2.81 |
| EBITDA | 0.02 | (0.54) | (1.24) | (1.16) | 0.00 | 0.51 | (0.94) | (0.33) |
| EBITDA margin | +1.5% | -30.3% | -61.7% | -27.9% | 0.0% | +16.9% | -116.0% | -13.3% |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.05 | 0.09 | 0.12 | 0.07 | 0.06 | 0.10 |
| Profit before tax | 0.22 | (0.49) | 0.00 | 0.01 | 0.05 | 1.31 | (0.22) | 0.10 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11.17 | 14.80 | 7.99 | 52.68 | 58.32 | 24.36 | 42.92 |
| Revenue growth | -24.5% | +85.2% | -84.8% | -9.7% | +139.4% | -43.2% | - |
| Other income | 2.29 | 2.98 | 0.09 | 1.42 | 0.76 | 0.24 | 0.18 |
| Total expenses | 13.34 | 15.92 | 10.23 | 51.96 | 55.45 | 22.26 | 42.16 |
| Employee cost | 0.14 | 0.18 | 0.05 | 1.00 | 0.93 | 0.99 | 1.52 |
| EBITDA | (2.17) | (1.12) | (2.24) | 0.72 | 2.87 | 2.10 | 0.76 |
| EBITDA margin | -19.4% | -7.6% | -28.0% | +1.4% | +4.9% | +8.6% | +1.8% |
| Depreciation | 0.27 | 0.07 | 0.00 | 0.77 | 0.77 | 0.73 | 0.73 |
| Interest | 0.26 | 0.31 | 0.05 | 0.46 | 0.28 | 0.02 | 0.11 |
| Profit before tax | (0.41) | 1.48 | (2.20) | 0.91 | 2.58 | 1.59 | 0.10 |
| Tax | 0.00 | 0.00 | 0.00 | 0.88 | 0.08 | 0.00 | 0.00 |
| Net profit | (1.77) | 0.80 | 0.38 | (0.29) | 2.17 | 1.54 | (0.03) |
| Net profit margin | -15.9% | +5.4% | +4.8% | -0.6% | +3.7% | +6.3% | -0.1% |
| EPS (₹) | (0.91) | 3.25 | (4.80) | 0.05 | 5.45 | 3.45 | 0.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 8.97 | 8.61 | 8.28 | 7.98 | 7.70 | 7.44 | 7.21 |
| Reserves & surplus | 21.80 | 22.48 | 21.23 | 23.66 | 30.32 | 28.00 | 26.59 |
| Shareholders' funds (net worth) | 30.77 | 31.09 | 29.51 | 31.64 | 38.02 | 35.44 | 33.80 |
| Secured loans | 0.15 | 4.12 | 2.88 | 4.93 | 5.45 | (0.15) | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 2.16 | 5.17 | 6.67 | 6.48 |
| Total debt | 0.15 | 4.12 | 2.88 | 7.09 | 10.62 | 6.52 | 6.48 |
| Total liabilities | - | - | 34.52 | 40.92 | 48.80 | 42.10 | 40.46 |
| Assets | |||||||
| Gross block | 26.96 | 26.96 | 26.96 | 29.90 | 33.14 | 32.90 | 32.15 |
| Net block | 16.36 | 16.63 | 16.70 | 19.56 | 23.57 | 24.10 | 24.08 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 4.72 | 5.65 | 6.90 | 7.74 | 6.00 | 4.29 | 3.31 |
| Sundry debtors | 1.61 | 2.15 | 2.98 | 7.94 | 8.04 | 6.93 | 9.35 |
| Cash & bank balances | 0.04 | 0.07 | 0.07 | 0.04 | 1.66 | 0.39 | 0.05 |
| Loans & advances | 6.09 | 8.14 | 5.46 | 3.60 | 6.10 | 2.72 | 0.55 |
| Total current assets | 12.46 | 16.01 | 15.41 | 19.32 | 21.80 | 14.33 | 13.26 |
| Total current liabilities | 0.32 | 0.49 | 0.47 | 1.23 | 1.15 | 0.94 | 1.68 |
| Net working capital | 12.14 | 15.52 | 14.94 | 18.09 | 20.65 | 13.39 | 11.58 |
| Total assets | 30.96 | 35.27 | 34.52 | 40.92 | 48.80 | 42.10 | 40.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.07 | 0.07 | 0.04 | 1.66 | 0.39 | 0.05 | 0.04 |
| Net cash from operating activities | 1.50 | (3.51) | 3.28 | 2.16 | (2.34) | 0.97 | 3.88 |
| Net cash from investing activities | 2.42 | 2.31 | 1.06 | (0.01) | (0.58) | (0.80) | (0.07) |
| Net cash from financing activities | (3.94) | 1.20 | (4.32) | (3.77) | 4.19 | 0.17 | (3.80) |
| Net change in cash | (0.02) | 0.00 | 0.02 | (1.61) | 1.27 | 0.34 | 0.01 |
| Closing cash | 0.04 | 0.07 | 0.07 | 0.04 | 1.66 | 0.39 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -24.5% | +85.2% | -84.8% | -9.7% | +139.4% | -43.2% | - |
| EBITDA growth | -93.8% | +50.0% | -411.1% | -74.9% | +36.7% | +176.3% | - |
| PBT growth | - | +9998.0% | - | -64.7% | +62.3% | +1490.0% | -95.2% |
| Net income growth | -321.3% | +110.5% | +231.0% | -113.4% | +40.9% | +5233.3% | - |
| Revenue CAGR (3Y) | -40.4% | -36.7% | -31.0% | +7.1% | +8.0% | -19.3% | +64.8% |
| EBITDA CAGR (3Y) | - | - | - | -1.8% | +14.9% | +27.2% | -30.7% |
| Profitability & leverage | |||||||
| Net income margin | -3.7% | +10.0% | -27.5% | +0.1% | +4.3% | +6.5% | +0.2% |
| Return on capital employed | 0.0% | +3.4% | 0.0% | +0.3% | +4.5% | +3.0% | +0.2% |
| Return on net worth | 0.0% | +3.3% | 0.0% | -0.7% | +4.8% | +3.5% | -0.1% |
| Debt / equity | 0.13 | 0.23 | 0.32 | 0.45 | 0.39 | 0.33 | 0.41 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Interest cover | -10.66 | -26.05 | -2.23 | -920.00 | 13.33 | 1.46 | 366.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.93 | 1.24 | 0.59 | 3.19 | 3.24 | 1.39 | 2.48 |
| Inventory turnover | 2.15 | 2.36 | 1.09 | 7.67 | 11.34 | 6.41 | 11.37 |
| Debtors turnover | 5.94 | 5.77 | 1.46 | 6.59 | 7.79 | 2.99 | 4.18 |
| EPS (₹) | (0.91) | 3.25 | (4.80) | 0.05 | 5.45 | 3.45 | 0.23 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 24.79 | 26.28 | 23.57 | 28.86 | 43.35 | 38.31 | 35.24 |
To see the full year-wise statements and ratios of Premier Synthetics Limited, buy the company report.
Board of directors of Premier Synthetics Limited
Premier Synthetics has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Ram Garg Also directs: Steel Craft Infratech Private Limited, Utthan Sewa Foundation, Anand Niketan Edu-Infra Private Limited. and 1 more | Director | 22 Aug 2024 | 2 Years 2 Months | Current |
| Gautamchand Kewalchand Surana | Managing Director | 10 Feb 2016 | 10 Years 9 Months | Current |
| Sanjaykumar Vinodbhai Majethia Also directs: Majethia Papers Private Limited | Director | 10 Feb 2016 | 10 Years 9 Months | Current |
| Savita Gupta | Director | 13 Aug 2025 | 1 Years 2 Months | Current |
| Pranavkumar Vinaykant Parikh | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Sunny Sunil Singhi Also directs: Nebula Civiltech LLP, Aditya Ultra Steel Limited | Director | 06 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Premier Synthetics Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Premier Synthetics Limitedthis company | ₹11.17 Cr (FY 2026) | -₹1.77 Cr | -15.8% | -24.5% | Ahmedabad, Gujarat, India | |
| Cibi Krishna Textiles Private Limited | ₹8.09 Cr (FY 2025) | -14.0% | Theni, Tamil Nadu, India | |||
| Pure - Source Clothing Private Limited | ₹8.09 Cr (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Ekagra Cotton Corporation Private Limited | ₹8.09 Cr (FY 2025) | -87.0% | Sendhwa, Madhya Pradesh, India | |||
| Sri Sivanmalai Andavar Spinning Mills Private Limited | ₹8.09 Cr (FY 2023) | -15.0% | Erode, Tamil Nadu, India | |||
| Sarveshwar Spuntex Private Limited | ₹8.08 Cr (FY 2024) | -4.0% | Kishangarh, Rajasthan, India | |||
| Bharadia Brothers P Ltd | ₹8.07 Cr (FY 2025) | 12.0% | Kolhapur, Maharashtra, India | |||
| Akshay Fibers Private Limited | ₹8.07 Cr (FY 2025) | 7.0% | Amritsar, Punjab, India | |||
| Swan Silk Private Limited | ₹8.07 Cr (FY 2024) | -4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Premier Synthetics Limited, buy the company report.
Charges & borrowings
Open charges
₹9.9 Cr
Satisfied charges
₹235.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2021 | 100516564 | Axis Bank Limited | ₹9.9 Cr | Open | |
| 20 Oct 1999 | 80049631 | Genuine Commercial Services Private Limited | ₹19.2 Cr | Satisfied | |
| 13 Oct 1999 | 80049636 | Genuine Commercial Services Private Limited | ₹33.62 Cr | Satisfied | |
| 11 Jun 1997 | 80049629 | Genuine Commercial Services Private Limited | ₹48.98 Cr | Satisfied | |
| 11 Feb 1997 | 80064204 | Edelweiss Asset Reconstruction Company Limited | ₹10 Cr | Satisfied |
To see the full charge records of Premier Synthetics Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Premier Synthetics Limited has 30 deals on record (30 market trades); the latest was in November 2025.
Total deals
30
Market trades
30
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Market trade | ₹8.8 Cr | Buyer: Deepsikha Dealers Private Limited , 2 individuals Seller: Deepsikha Dealers Private Limited , 3 individuals |
| Jan 2016 | Market trade | ₹30.8 Lakh | Seller: Poise Securities Private Limited |
| Mar 2014 | Market trade | ₹29.5 Lakh | Buyer: an individual Seller: Vishwamitra Financial Services Limited , an individual |
| Jan 2007 | Market trade | ₹12.92 Cr | Seller: Opg Securities Private Limited |
| Dec 2006 | Market trade | ₹6.32 Cr | Buyer: Opg Securities Private Limited Seller: Opg Securities Private Limited |
To see the full deal history of Premier Synthetics 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
Premier Synthetics Limited has 21 court cases on record: 10 filed by Premier Synthetics, 11 filed against it. 2 cases are pending and 19 are disposed.
Total cases
21
Filed by the company
10
Filed against the company
11
Pending
2
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 2 |
| District courts | 7 | 5 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Grasim Industries Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Grasim Industries Ltd.-Prop. of Vikram Cement | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against Maharashtra State Electricity and 6 Ors. | Pending |
| Bombay High Court | Court case (CHOCL) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Premier Synthetics 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
Premier Synthetics Limited was last rated by Care on 11 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Feb 2022 |
To see the full credit ratings and regulatory alerts of Premier Synthetics Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Synthetics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Premier Synthetics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP6441P1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Synthetics Limited, buy the company report.
Recent activity
Premier Synthetics Limited has 26 board changes on record since 2008: 7 appointments and 19 cessations. The latest: Savita Gupta ceased to be Additional Director on 28 Sep 2025.
Filing
Premier Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Premier Synthetics Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Savita Gupta ceased to be Additional Director.
Appointed
Savita Gupta was appointed as Director.
Appointed
Vinod Kanubhai Rana was appointed as Company Secretary.
Ceased
Govind Ram Garg ceased to be Additional Director.
Ceased
Pranavkumar Vinaykant Parikh ceased to be Additional Director.
Appointed
Govind Ram Garg was appointed as Director.
Appointed
Pranavkumar Vinaykant Parikh was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100516564 was registered on 04 Dec 2021.
Ceased
Vinod Kanubhai Rana ceased to be Company Secretary.
Ceased
Sanjaykumar Vinodbhai Majethia ceased to be Whole-Time Director.
48 earlier events are in the company report.
News
Frequently asked questions
Premier Synthetics is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 October 1970 (56+ years old) and is registered under CIN L70200GJ1970PLC100829. Listed on BSE: 509835.
Premier Synthetics reported revenue of ₹11.17 Cr for FY 2025-26 (down 24.5% YoY) based on standalone financials.
Premier Synthetics has 6 current directors:
- Gautamchand Kewalchand Surana - Managing Director
- Govind Ram Garg - Director
- Sanjaykumar Vinodbhai Majethia - Director
- Savita Gupta - Director
- Pranavkumar Vinaykant Parikh - Director
- Sunny Sunil Singhi - Director
The latest financial statements of Premier Synthetics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier Synthetics is 24AAACP6441P1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Premier Synthetics is L70200GJ1970PLC100829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Premier Synthetics is a listed company as per MCA records. Its shares are listed on BSE (code: 509835).
Premier Synthetics has 21 court cases on record: 10 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Premier Synthetics was incorporated on 09 October 1970, making it 56+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Premier Synthetics has 30 deals on record (30 market trades); the latest was in November 2025.
The peers of Premier Synthetics by revenue are Cibi Krishna Textiles Private Limited, Pure - Source Clothing Private Limited, Ekagra Cotton Corporation Private Limited, Sri Sivanmalai Andavar Spinning Mills Private Limited, Sarveshwar Spuntex Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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