Ray Syntex Private Limited
About Ray Syntex Private Limited
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Ray Syntex Private Limited is a private limited company based in Virar, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC270901. Its GSTIN is 27AAHCR5580N1ZO (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors Divyam Pradeep Khaitan and Viraj Prasad Ranade.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop A/04 Yashwant Galaxy Nr. Y.K. Nagar 100Ft Road Bolinj, Virar, Maharashtra, India – 401303.
As per the financials filed for FY 2025, the company reported a revenue of ₹56,257, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.48 Lakh (net margin -262.9%) and EBITDA of -₹1.48 Lakh (EBITDA margin -262.9%). Revenue has declined at a compounded annual rate (CAGR) of 79% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop A/04 Yashwant Galaxy Nr. Y.K. Nagar 100Ft Road Bolinj, Virar, Maharashtra, India – 401303
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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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Financials of Ray Syntex Private Limited FY 2025 filings available
Ray Syntex Private Limited reported revenue of ₹56,257 (up 220% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ray Syntex Private Limited
Revenue rose 220% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 79%. EBITDA fell 21% 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 of Ray Syntex Private Limited
| 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 | -₹1.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.48 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 of Ray Syntex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -262.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -262.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ray Syntex are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ray Syntex Private Limited
Ray Syntex Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kiri Exports Private Limited | ₹57,399 (FY 2024) | •••• | •••• | 283.0% | •••• | New Delhi, Delhi, India |
| Ace Impex Pvt Ltd | ₹57,363 (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Rocky Merchants Private Limited | ₹56,825 (FY 2025) | •••• | •••• | -51.0% | •••• | Kolkata, West Bengal, India |
| Kshree Infrabuildcon Private Limited | ₹56,591 (FY 2016) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Ashtavinayak Avenues Private Limited | ₹56,360 (FY 2025) | •••• | •••• | -97.0% | •••• | Mumbai, Maharashtra, India |
| Ray Syntex Private Limited this company | ₹56,257 (FY 2025) | •••• | •••• | 220.0% | •••• | Virar, Maharashtra, India |
| HK Vanijya Private Limited | ₹56,150 (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| J A Holdings and Services Pvt Ltd | ₹55,971 (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Immense Industries Private Limited | ₹55,883 (FY 2018) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Bee Gee Private Limited | ₹55,828 (FY 2025) | •••• | •••• | 91.0% | •••• | Delhi, India |
| Gopalji Enterprises Private Limited | ₹55,568 (FY 2019) | •••• | •••• | 2.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ray Syntex by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Ray Syntex Private Limited
Ray Syntex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyam Pradeep Khaitan | Director | 08 Feb 2022 | 4 Years 8 Months | Current |
| Viraj Prasad Ranade Also directs: Ah Padel India Private Limited | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
Ownership and Shareholding of Ray Syntex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ray Syntex Private Limited
Ray Syntex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ray Syntex Private Limited
Employment history and EPFO contributions of people linked to Ray Syntex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ray Syntex Private Limited
Ray Syntex Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Viraj Prasad Ranade ceased to be Additional Director on 15 Nov 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ray Syntex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ray Syntex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ray Syntex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ray Syntex Private Limited
Ray Syntex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCR5580N1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ray Syntex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ray Syntex Private Limited
Ray Syntex is an active private limited company based in Virar, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 11 December 2015 (11+ years old) and is registered under CIN U74900MH2015PTC270901.
Ray Syntex reported revenue of ₹56,257 for FY 2025 (up 220% YoY).
Ray Syntex has 2 current directors:
- Divyam Pradeep Khaitan - Director
- Viraj Prasad Ranade - Director
Ray Syntex reported a net loss of ₹1.48 Lakh (net margin -262.9%) and EBITDA of -₹1.48 Lakh (EBITDA margin -262.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ray Syntex is -79% over five years. In the latest year (FY 2025) revenue rose 220%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ray Syntex is 27AAHCR5580N1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ray Syntex is U74900MH2015PTC270901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Syntex was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ray Syntex by revenue are Kiri Exports Private Limited, Ace Impex Pvt Ltd, Rocky Merchants Private Limited, Kshree Infrabuildcon Private Limited, Ashtavinayak Avenues Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Viraj Prasad Ranade ceased to be Additional Director on 15 Nov 2024. Viraj Prasad Ranade was appointed as Director on 12 Nov 2024. Divyam Pradeep Khaitan ceased to be Additional Director on 30 Sep 2022. Ray Syntex has 7 board changes on record in total.
The registered office of Ray Syntex is at Shop A04 Yashwant Galaxy Nr. Y.K. Nagar 100Ft Road Bolinj, Virar, Maharashtra, India – 401303.