Salasar Synthetics Private Limited
About Salasar Synthetics Private Limited
Data last updated:
Salasar Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH2000PTC126909.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Salasar Synthetics Limited. It is led by directors Bahadurmal Maniram Saini and Mahendrakumar Banwarilal Saini.
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 Office No 47 4th Floor Vasantwadi 413/F Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2023, the company reported a revenue of ₹50,845, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹641 (net margin 1.3%) and EBITDA of -₹49,980 (EBITDA margin -98.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salasar Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 47 4th Floor Vasantwadi 413/F Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Salasar Synthetics Private 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
Financials of Salasar Synthetics Private Limited
FY 2025 filings availableSalasar Synthetics Private Limited reported revenue of ₹50,845 (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 2% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹50,845 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹49,980 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹641 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -98.3% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Salasar Synthetics Private Limited, buy the company report.
Board of directors of Salasar Synthetics Private Limited
Salasar Synthetics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bahadurmal Maniram Saini Also directs: Banshi Textiles and Traders Private Limited, Patodia Textile Mills Pvt Ltd, Sagar Fabtex Private Limited and 2 more | Director | 10 Oct 2008 | 18 Years 0 Months | Current |
| Mahendrakumar Banwarilal Saini Also directs: Banshi Textiles and Traders Private Limited, Patodia Textile Mills Pvt Ltd, Sagar Fabtex Private Limited and 2 more | Director | 10 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Salasar Synthetics Private Limited is audited by K . K JHUNJHUNWALA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K . K JHUNJHUNWALA & CO | FY 2023 | 111852W |
Shareholding
The shareholding of Salasar Synthetics Private 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 Salasar Synthetics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Salasar Synthetics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salasar Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Salasar Synthetics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Salasar Synthetics Private Limited has 6 board changes on record since 2000: 4 appointments and 2 cessations. The latest: Jugal Sharma ceased to be Director on 15 Oct 2008.
Frequently asked questions
Salasar Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 June 2000 (26+ years old) and is registered under CIN U17111MH2000PTC126909.
Salasar Synthetics has 2 current directors:
- Bahadurmal Maniram Saini - Director
- Mahendrakumar Banwarilal Saini - Director
The latest financial statements of Salasar Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Salasar Synthetics is U17111MH2000PTC126909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Synthetics was incorporated on 01 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Jugal Sharma ceased to be Director on 15 Oct 2008. Pradeep Mahendra Sharma ceased to be Director on 15 Oct 2008. Bahadurmal Maniram Saini was appointed as Director on 10 Oct 2008. Salasar Synthetics has 6 board changes on record in total.
The registered office of Salasar Synthetics is at Office No 47 4th Floor Vasantwadi 413F Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Salasar Synthetics operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Salasar Synthetics is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Salasar Synthetics was formerly known as Salasar Synthetics Limited.