MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0000192
Rydak Syndicate Limited - agriculture in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹138.67 Cr
▼ 2% YoY
Net profit · FY 2025
₹1.42 Cr
Net margin 1%
EBITDA · FY 2025
₹8.28 Cr
EBITDA margin 6%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Open charges
₹51.21 Cr
Satisfied ₹86.78 Cr
Company age
128 yrs
Est. 1898
Employees · EPFO
1,173
Provident fund records
About Rydak Syndicate Limited
Data last updated:
Rydak Syndicate Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 24 February 1898 and has been in existence for over 128 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65993WB1900PLC001417. The company has 2 GST registrations on record, none of which is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.06 Cr. It was formerly known as Rydak Tea Syndicate Ltd. It is led by directors including Rajvinder Singh (Managing Director) and Prabir Kumar Bhattacharjee.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Dr.Rajendra Prasad Sarani, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹138.67 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 1%) and EBITDA of ₹8.28 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 1,173 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rydak. As per MCA filings, the company has open charges of ₹51.21 Cr and satisfied charges of ₹86.78 Cr on record. Court records list 77 cases involving the company, including 44 filed by the company and 33 filed against it; 11 cases are pending.
Rydak Syndicate Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0000192). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rydaksyndicate.com.
Company details
CIN L65993WB1900PLC001417
Registration Number 001417
Incorporation Date 24 February 1898
ROC Kolkata
Listing Status Listed
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0000192
CIN history
Rydak Syndicate has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65993WB1900PLC001417, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65993WB1900PLC001417 | Current |
| U65993WB1900PLC001417 | Previous |
| L99999WB1900PLC001417 | Previous |
Key People
Rajvinder Singh Managing Director Prabir Kumar Bhattacharjee Director Deepankar Nandi Director Recognitions & Rankings of Rydak Syndicate
Contact details
Rydak Syndicate Limited's registered office is in Kolkata, West Bengal. Its website is rydaksyndicate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4 Dr.Rajendra Prasad Sarani, Kolkata, West Bengal, India – 700001
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Rydak Syndicate Limited, buy the company report.
Comprehensive company report
Rydak Syndicate 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
Rydak Syndicate operates one associated brand: Rydak. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tea production, estate management, and CSR initiatives in India. | rydaksyndicate.com |
Business activity
The main business activity of Rydak Syndicate is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Rydak Syndicate Limited, buy the company report.
Financials of Rydak Syndicate Limited
FY 2025 filings availableRydak Syndicate Limited reported revenue of ₹138.67 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹138.67 Cr ▼ 2%
Net profit · FY 2025
₹1.42 Cr margin 1%
EBITDA · FY 2025
₹8.28 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 31%
5 years · compounded
▲ 2%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹138.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1% | ||||
| 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 Rydak Syndicate Limited, buy the company report.
Board of directors of Rydak Syndicate Limited
Rydak Syndicate has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabir Kumar Bhattacharjee Also directs: Dhelakhat Tea Co Ltd, Mazbat Tea Estate Ltd | Director | 05 Mar 2021 | 5 Years 7 Months | Current |
| Rajvinder Singh Also directs: Jardine Henderson Limited, Chairana Tea Dealers Private Limited, Sriharipadam Trading Limited and 2 more | Managing Director | 02 Feb 2018 | 8 Years 8 Months | Current |
| Deepankar Nandi | Director | 08 Feb 2025 | 1 Years 8 Months | Current |
| Sruti Baid Also directs: Dhelakhat Tea Co Ltd | Director | 25 Jun 2024 | 2 Years 4 Months | Current |
| Ravindra Suchanti Also directs: The Scottish Assam (India) Ltd, Kanco Tea & Industries Limited, Dhelakhat Tea Co Ltd and 3 more | Director | 27 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Rydak Syndicate Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (production of crops and animals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sakar Poultry Private Limited | ₹145.24 Cr (FY 2017) | 3.0% | Pune, Maharashtra, India | |||
| Accura Enterprises Private Limited | ₹141.21 Cr (FY 2025) | -4.0% | Gandhinagar, Gujarat, India | |||
| Yashoda Hybrid Seeds Private Limited | ₹140.76 Cr (FY 2025) | -15.0% | Wardha, Maharashtra, India | |||
| Neel Kanth Agrofood Products Private Limited | ₹140.18 Cr (FY 2025) | 15.0% | Patna, Bihar, India | |||
| Rijk Zwaan India Seeds Private Limited | ₹140.01 Cr (FY 2025) | 22.0% | Channapatna, Karnataka, India | |||
| Rydak Syndicate Limitedthis company | ₹138.67 Cr (FY 2025) | ₹1.42 Cr | 1% | -2.0% | 1,173 | Kolkata, West Bengal, India |
| Indira Exim Private Limited | ₹138.58 Cr (FY 2025) | 1.0% | Wani, Maharashtra, India | |||
| Upsurge Seeds of Agriculture Limited | ₹137.28 Cr (FY 2025) | 3.0% | Rajkot, Gujarat, India | |||
| Nature One Fresh Produce Private Limited | ₹133.44 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Shakthi Seeds Private Limited | ₹133.29 Cr (FY 2024) | 46.0% | Telangana, India | |||
| Sahyadri Grapes Producer Company Limited | ₹132.52 Cr (FY 2025) | 9.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Rydak Syndicate Limited, buy the company report.
Auditor
Rydak Syndicate Limited is audited by R. Kothari & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Kothari & Co LLP | FY 2023 | 307069E/E300266 |
Shareholding
The shareholding of Rydak Syndicate 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rydak Syndicate Limited, buy the company report.
Charges & borrowings
Open charges
₹51.21 Cr
Satisfied charges
₹86.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2022 | 100610334 | State Bank of India | ₹28.41 Cr | Open | |
| 31 Jan 2021 | 100439022 | Others | ₹7.6 Lakh | Open | |
| 30 Aug 2019 | 100288475 | Others | ₹49.16 Lakh | Open | |
| 20 Dec 2017 | 100162827 | Others | ₹22.23 Cr | Open | |
| 13 Aug 2018 | 100200344 | Axis Bank Limited | ₹14.15 Cr | Satisfied |
To see the full charge records of Rydak Syndicate Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Rydak Syndicate Limited has 77 court cases on record: 44 filed by Rydak Syndicate, 33 filed against it. 11 cases are pending and 66 are disposed.
Total cases
77
Filed by the company
44
Filed against the company
33
Pending
11
Disposed
66
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 46 | 12 | 2 |
| District courts | 30 | 21 | 9 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against Eastern Road Carriers Pvt. Ltd. | Disposed |
| High Court | Company petition | Filed by the company against T & I Ltd. | Disposed |
| High Court | Court case (APO) | Filed against the company by Kanknarrah Co.Ltd. | Disposed |
| District court, Jorhat, Assam | Civil suit | Filed against the company by M/S Sharma and Company | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against an individual | Pending |
To see the full case history of Rydak Syndicate 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
Rydak Syndicate Limited was last rated by Indiarating on 21 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 21 Jan 2021 |
To see the full credit ratings and regulatory alerts of Rydak Syndicate Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rydak Syndicate Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rydak Syndicate has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Rydak Syndicate Limited has a workforce of 1,173 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
1,173
Active EPFO establishments
2
Employee growth
3.17%
GST
Rydak Syndicate has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Rydak Syndicate Limited, buy the company report.
Recent activity
Rydak Syndicate Limited has 21 board changes on record since 2008: 5 appointments and 16 cessations. The latest: Deepankar Nandi was appointed as Director on 08 Feb 2025.
Charges
A charge with State Bank Of India of Rs. 28.41 Cr registered on 09 Sep 2022 with Charge ID 100610334 was modified on 13 Mar 2026.
AGM
Rydak Syndicate Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Rydak Syndicate Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Appointed
Deepankar Nandi was appointed as Director.
Appointed
Sruti Baid was appointed as Director.
Appointed
Ravindra Suchanti was appointed as Director.
Charges
A charge with Others of Rs. 22.23 Cr registered on 20 Dec 2017 with Charge ID 100162827 was modified on 15 Feb 2024.
Ceased
Nishita Dey ceased to be Company Secretary.
Charges
A charge registered on 13 Aug 2018 via Charge ID 100200344 with Axis Bank Limited was fully satisfied on 10 Mar 2023.
Charges
A charge with State Bank Of India amounted to Rs. 28.41 Cr with Charge ID 100610334 was registered on 09 Sep 2022.
Charges
A charge with Axis Bank Limited of Rs. 14.15 Cr registered on 13 Aug 2018 with Charge ID 100200344 was modified on 05 Jun 2021.
Appointed
Prabir Kumar Bhattacharjee was appointed as Director.
44 earlier events are in the company report.
Frequently asked questions
Rydak Syndicate is an active public limited company based in Kolkata, West Bengal, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 24 February 1898 (128+ years old) and is registered under CIN L65993WB1900PLC001417.
Rydak Syndicate has 5 current directors:
- Rajvinder Singh - Managing Director
- Prabir Kumar Bhattacharjee - Director
- Deepankar Nandi - Director
- Sruti Baid - Director
- Ravindra Suchanti - Director
The latest financial statements of Rydak Syndicate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
No. Rydak Syndicate has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rydak Syndicate is L65993WB1900PLC001417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rydak Syndicate is a listed company as per MCA records.
Rydak Syndicate has 77 court cases on record: 44 filed by the company and 33 filed against it. 11 are pending. Most are in the high courts.
Rydak Syndicate was incorporated on 24 February 1898, making it 128+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Rydak Syndicate by revenue are Sakar Poultry Private Limited, Accura Enterprises Private Limited, Yashoda Hybrid Seeds Private Limited, Neel Kanth Agrofood Products Private Limited, Rijk Zwaan India Seeds Private Limited and 5 more, all in the same principal business activity (production of crops and animals).
Deepankar Nandi was appointed as Director on 08 Feb 2025. Sruti Baid was appointed as Director on 25 Jun 2024. Ravindra Suchanti was appointed as Director on 27 May 2024. Rydak Syndicate has 21 board changes on record in total.
Yes, Rydak Syndicate is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0000192).
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