MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0014695
R K Synthesis Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹156.12 Cr
▲ 20% YoY
Net profit · FY 2025
₹6.24 Cr
Net margin 4%
EBITDA · FY 2025
₹16.15 Cr
EBITDA margin 10.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.9 Cr
Issued & subscribed
Open charges
₹129.07 Cr
Satisfied ₹7.66 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
104
Provident fund records
About R K Synthesis Limited
Data last updated:
R K Synthesis Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 21 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2015PLC083906. Its GSTIN is 24AAHCR3902J2ZF (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.9 Cr. It is led by directors including Kiritkumar Rambhai Patel and Joitarambhai Gandalal Patel.
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 Plot No. 3411/1 & 2 GIDC Estate Phase – IV Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹156.12 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Cr (net margin 4%) and EBITDA of ₹16.15 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The company has about 104 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: R K Synthesis Limited. As per MCA filings, the company has open charges of ₹129.07 Cr and satisfied charges of ₹7.66 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in March 2019. Its 7 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Vipul Organics Limited with revenue of ₹163.14 Cr.
R K Synthesis Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0014695). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rksynthesis.com.
Company details
CIN U24100GJ2015PLC083906
Registration Number 083906
Incorporation Date 21 July 2015
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-01-0014695
Key People
Kiritkumar Rambhai Patel Director Joitarambhai Gandalal Patel Director Lalit Jain Director Recognitions & Rankings of R K Synthesis
Contact details
R K Synthesis Limited's registered office is in Ahmedabad, Gujarat. Its website is rksynthesis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 3411/1 & 2 GIDC Estate Phase – IV Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of R K Synthesis Limited, buy the company report.
Comprehensive company report
R K Synthesis 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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Brands
R K Synthesis operates one associated brand: R K Synthesis Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chemical manufacturing, including intermediates and dyes in India. | rksynthesis.com |
Business activity
The main business activity of R K Synthesis is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of R K Synthesis Limited, buy the company report.
Financials of R K Synthesis Limited
FY 2024 filings availableR K Synthesis Limited reported revenue of ₹156.12 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹156.12 Cr ▲ 20%
Net profit · FY 2025
₹6.24 Cr margin 4%
EBITDA · FY 2025
₹16.15 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 5%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 205%
3 years · compounded
▼ 8%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 20% growth in the latest year. EBITDA rose 205% 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 | ₹16.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 10.3% | ||||
| Net Profit Margin | 4% | ||||
| 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 R K Synthesis Limited, buy the company report.
Board of directors of R K Synthesis Limited
R K Synthesis has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiritkumar Rambhai Patel | Director | 18 Dec 2024 | 1 Years 10 Months | Current |
| Joitarambhai Gandalal Patel | Director | 05 Nov 2015 | 10 Years 11 Months | Current |
| Lalit Jain | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Prashant Karsanbhai Patel Also directs: HDP Bioplast LLP | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
| Karshanbhai Gandalal Patel | Director | 21 Jul 2015 | 11 Years 3 Months | Current |
| Nihar Karsanbhai Patel Also directs: Tagloy Media Private Limited | Director | 21 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
R K Synthesis Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vipul Organics Limited | ₹163.14 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| A-One Phthalo Colors Private Limited | ₹162.69 Cr (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| S P S Processors Private Limited | ₹159.93 Cr (FY 2022) | 61.0% | Ahmedabad, Gujarat, India | |||
| Unilex Colours and Chemicals Limited | ₹157.81 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| R K Synthesis Limitedthis company | ₹156.12 Cr (FY 2025) | ₹6.24 Cr | 4% | 20.0% | 104 | Ahmedabad, Gujarat, India |
| Mallak Specialties Private Limited | ₹155.67 Cr (FY 2022) | 4.0% | Mumbai, Maharashtra, India | |||
| Vibrantz Nubiola India Private Limited | ₹148.89 Cr (FY 2025) | 53.0% | Sriperumbudur, Tamil Nadu, India | |||
| Viscus Oils Private Limited | ₹147.42 Cr (FY 2024) | -16.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of R K Synthesis Limited, buy the company report.
Auditor
R K Synthesis Limited is audited by A R Pandhi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R Pandhi & Associates | FY 2023 | 118057W |
Shareholding
The shareholding of R K Synthesis Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R K Synthesis Limited, buy the company report.
Charges & borrowings
Open charges
₹129.07 Cr
Satisfied charges
₹7.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101128906 | Axis Bank Limited | ₹2.87 Cr | Open | |
| 28 Feb 2025 | 101057369 | Axis Bank Limited | ₹30.2 Lakh | Open | |
| 21 Dec 2022 | 100662747 | Axis Bank Limited | ₹2.52 Cr | Open | |
| 28 Mar 2022 | 100563930 | Axis Bank Limited | ₹2.52 Cr | Open | |
| 26 Oct 2020 | 100400495 | Standard Chartered Bank | ₹4.35 Cr | Open |
To see the full charge records of R K Synthesis Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
R K Synthesis Limited has 1 deal on record (1 rights issue); the latest was in March 2019.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹2.4 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
R K Synthesis Limited has 3 court cases on record: 1 filed by R K Synthesis, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Atext Chemical Industries and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Disposed |
| District court, Bharuch, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
To see the full case history of R K Synthesis 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R K Synthesis Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
R K Synthesis Limited has a workforce of 104 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
104
Active EPFO establishments
1
Employee growth
-1.89%
GST
R K Synthesis has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCR3902J2ZF | Gujarat | Active | 01 Jul 2017 |
| 24AAHCR3902J3ZE | Gujarat | Active | 05 Apr 2021 |
To see the full GST registrations and return filing status of R K Synthesis Limited, buy the company report.
Recent activity
R K Synthesis Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Kiritkumar Rambhai Patel ceased to be Additional Director on 29 Sep 2025.
Ceased
Kiritkumar Rambhai Patel ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.87 Cr with Charge ID 101128906 was registered on 07 Jul 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101057369 was registered on 28 Feb 2025.
Appointed
Kiritkumar Rambhai Patel was appointed as Director.
AGM
R K Synthesis Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 1.88 Cr registered on 22 Jan 2020 with Charge ID 100341631 was modified on 27 May 2024.
Filing
R K Synthesis Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.52 Cr with Charge ID 100662747 was registered on 21 Dec 2022.
Charges
A charge with Standard Chartered Bank of Rs. 4.35 Cr registered on 26 Oct 2020 with Charge ID 100400495 was modified on 21 Dec 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.52 Cr with Charge ID 100563930 was registered on 28 Mar 2022.
Ceased
Amrutbhai Ichchhabhai Patel ceased to be Additional Director.
Ceased
Lalit Jain ceased to be Additional Director.
23 earlier events are in the company report.
Frequently asked questions
R K Synthesis is an active public limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 21 July 2015 (11+ years old) and is registered under CIN U24100GJ2015PLC083906.
R K Synthesis has 6 current directors:
- Kiritkumar Rambhai Patel - Director
- Joitarambhai Gandalal Patel - Director
- Lalit Jain - Director
- Prashant Karsanbhai Patel - Director
- Karshanbhai Gandalal Patel - Director
- Nihar Karsanbhai Patel - Director
The latest financial statements of R K Synthesis 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 2016 are in the company report.
The GSTIN of R K Synthesis is 24AAHCR3902J2ZF, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAHCR3902J3ZE (Gujarat).
The CIN (Corporate Identification Number) of R K Synthesis is U24100GJ2015PLC083906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R K Synthesis has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
R K Synthesis was incorporated on 21 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
R K Synthesis has 1 deal on record (1 rights issue); the latest was in March 2019.
The peers of R K Synthesis by revenue are Vipul Organics Limited, A-One Phthalo Colors Private Limited, S P S Processors Private Limited, Unilex Colours and Chemicals Limited, Mallak Specialties Private Limited and 2 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kiritkumar Rambhai Patel ceased to be Additional Director on 29 Sep 2025. Kiritkumar Rambhai Patel was appointed as Director on 18 Dec 2024. Amrutbhai Ichchhabhai Patel ceased to be Additional Director on 30 Nov 2021. R K Synthesis has 10 board changes on record in total.
Yes, R K Synthesis is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0014695).
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