About Smruthi Organics Ltd
Data last updated: 14 July 2026
Smruthi Organics Ltd is a public limited company based in Solapur, Maharashtra, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 11 July 1989, the company has been in operation for over 37 years.
Registered with ROC Pune under CIN U24119MH1989SGC052562. Listed on BSE: 540686.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.45 Cr. It is led by directors including Purushotham Malaiah Eaga and Smruthi Purushotham Eaga.
Last AGM: 20 June 2025. Financial statements filed for year ended 31 March 2025. Office: 165 A Balaji Bhavanrailway Lines, Solapur, Maharashtra, India – 413001.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹101.97 Cr, a decline of 19.08% compared to the previous year. The net worth stands at ₹73.51 Cr (up 2.63% YoY). Total assets are valued at ₹103.55 Cr (down 7.33% YoY).
The company has a workforce of approximately 585 employees as per the latest available data.
The company is associated with 1 brand - Smruthi Organics. As per MCA filings, the company has open charges of ₹63.55 Cr and satisfied charges of ₹74.87 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smruthiorganics.com.
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Registered Address165 A Balaji Bhavanrailway Lines, Solapur, Maharashtra, India – 413001
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IndustryPharma, API Manufacturers
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CIN History of Smruthi Organics Ltd
Smruthi Organics Ltd has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24119PN1989PLC052562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24119PN1989PLC052562 | Current |
| U24119MH1989SGC052562 | Previous |
| U24119PN1989PLC052562 | Previous |
Associated Brands with Smruthi Organics Ltd
Smruthi Organics Ltd operates one associated brand: Smruthi Organics. These brands represent Smruthi Organics Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Stainless steel and glass-lined reactors with APIs are manufactured. | smruthiorganics.com |
Business Activity of Smruthi Organics Ltd
Smruthi Organics Ltd is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Smruthi Organics Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Smruthi Organics Ltd
Smruthi Organics Ltd is audited by Gokhale & Sathe (ICAI peer reviewed, certificate valid till 2027-02-28) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Gokhale & Sathe (ICAI peer reviewed, certificate valid till 2027-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Smruthi Organics Ltd
Smruthi Organics Ltd is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purushotham Malaiah Eaga | Managing Director | 01 Aug 2010 | 15 Years 11 Months | Current |
| Smruthi Purushotham Eaga | Director | 12 Feb 2022 | 4 Years 5 Months | Current |
|
Swapnil Purushotham Eaga
Also directs:
Smruthi Chemicals And Intermediates Llp, Turtle Infratrade Limited
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Managing Director | 06 Apr 2009 | 17 Years 3 Months | Current |
|
Prakash Purushottam Wadgaonkar
Also directs:
Nuons Organic Private Limited, Appaji Dwarkoji Madane Foundation
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Director | 29 Jul 2024 | 1 Years 11 Months | Current |
| Anoop Anil Doshi | Director | 29 Jul 2024 | 1 Years 11 Months | Current |
| Dharmaraj Ramachandra Rao | Director | 29 Jul 2024 | 1 Years 11 Months | Current |
Financials of Smruthi Organics Ltd FY 2026 filings available
Smruthi Organics Ltd reported revenue of ₹101.97 Cr (down 19.08% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹101.97 Cr | ₹126.01 Cr | ₹127.64 Cr | ₹141.04 Cr | ₹133.37 Cr | ₹126.5 Cr | ₹131.07 Cr | ₹137.41 Cr |
| Other Income | ₹12.35 Lakh | ₹8.88 Lakh | ₹7.55 Lakh | ₹10.74 Lakh | ₹58.33 Lakh | ₹56.13 Lakh | ₹4.42 Cr | ₹88.03 Lakh |
| Total Income | ₹102.09 Cr | ₹126.1 Cr | ₹127.72 Cr | ₹141.15 Cr | ₹133.95 Cr | ₹127.06 Cr | ₹135.5 Cr | ₹138.29 Cr |
| Cost of Materials Consumed | ₹45.23 Cr | ₹67.86 Cr | ₹74.92 Cr | ₹95.69 Cr | ₹81.8 Cr | ₹63.68 Cr | ₹78.09 Cr | ₹93.34 Cr |
| Purchases of Stock-in-Trade | ₹2.5 Lakh | ₹13.91 Lakh | ₹9.56 Lakh | ₹19.88 Lakh | ₹34.25 Lakh | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹10.1 Lakh | ₹60.81 Lakh | -₹2.66 Cr | -₹4.42 Cr | -₹2.08 Cr | ₹2.78 Cr | ₹5.39 Cr | -₹2.8 Cr |
| Employee Benefit Expense | ₹17.56 Cr | ₹17.35 Cr | ₹17.16 Cr | ₹15.82 Cr | ₹13.73 Cr | ₹15.64 Cr | ₹13.57 Cr | ₹12.86 Cr |
| Finance Costs | ₹1.68 Cr | ₹1.87 Cr | ₹1.41 Cr | ₹82.25 Lakh | ₹98.36 Lakh | ₹1.09 Cr | ₹3.18 Cr | ₹3.58 Cr |
| Depreciation & Amortisation | ₹6.35 Cr | ₹5.5 Cr | ₹5.65 Cr | ₹4.57 Cr | ₹4.26 Cr | ₹3.95 Cr | ₹4.39 Cr | ₹4.14 Cr |
| Other Expenses | ₹26.02 Cr | ₹27.87 Cr | ₹26.17 Cr | ₹23.96 Cr | ₹21.15 Cr | ₹15.87 Cr | ₹18.78 Cr | ₹17.42 Cr |
| Total Expenses | ₹96.96 Cr | ₹121.2 Cr | ₹122.75 Cr | ₹136.65 Cr | ₹120.18 Cr | ₹103.01 Cr | ₹123.4 Cr | ₹128.53 Cr |
| Profit Before Exceptional Items & Tax | ₹5.13 Cr | ₹4.9 Cr | ₹4.97 Cr | ₹4.49 Cr | ₹13.77 Cr | ₹24.06 Cr | ₹12.09 Cr | ₹9.76 Cr |
| Exceptional Items | -₹46.26 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹4.66 Cr | ₹4.9 Cr | ₹4.97 Cr | ₹4.49 Cr | ₹13.77 Cr | ₹24.06 Cr | ₹12.09 Cr | ₹9.76 Cr |
| Total Tax Expense | ₹1.24 Cr | ₹1.34 Cr | ₹1.38 Cr | ₹36.28 Lakh | ₹3.39 Cr | ₹6.95 Cr | ₹3.64 Cr | ₹2.89 Cr |
| Net Profit | ₹3.43 Cr | ₹3.56 Cr | ₹3.59 Cr | ₹4.13 Cr | ₹10.38 Cr | ₹17.11 Cr | ₹8.45 Cr | ₹6.86 Cr |
| Other Comprehensive Income | ₹17.42 Lakh | ₹16.48 Lakh | ₹16.08 Lakh | ₹29.86 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹3.6 Cr | ₹3.73 Cr | ₹3.75 Cr | ₹4.43 Cr | ₹10.38 Cr | ₹17.11 Cr | ₹8.45 Cr | ₹6.86 Cr |
| EBITDA (computed) | ₹13.16 Cr | ₹12.27 Cr | ₹12.03 Cr | ₹9.89 Cr | ₹19.01 Cr | ₹29.09 Cr | ₹19.66 Cr | ₹17.47 Cr |
| Basic EPS | ₹2.99 | ₹3.11 | ₹3.14 | ₹3.87 | ₹9.07 | ₹14.95 | ₹22.14 | ₹17.98 |
| Diluted EPS | ₹2.99 | ₹3.11 | ₹3.14 | ₹0.00 | ₹9.07 | ₹14.95 | ₹22.14 | ₹17.98 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹103.55 Cr | ₹111.74 Cr | ₹118.19 Cr | ₹105.64 Cr | ₹87.61 Cr | ₹91.82 Cr | ₹87.75 Cr | ₹100.91 Cr |
| Non-current Assets | ₹50.87 Cr | ₹48.41 Cr | ₹42.77 Cr | ₹40.34 Cr | ₹35.13 Cr | ₹32.74 Cr | ₹34.63 Cr | ₹35.58 Cr |
| Current Assets | ₹52.68 Cr | ₹63.33 Cr | ₹75.42 Cr | ₹65.3 Cr | ₹52.48 Cr | ₹59.08 Cr | ₹53.12 Cr | ₹65.33 Cr |
| Property, Plant & Equipment | ₹46.52 Cr | ₹44.67 Cr | ₹39.63 Cr | ₹37.03 Cr | ₹33.33 Cr | ₹31 Cr | ₹31.7 Cr | ₹29.94 Cr |
| Inventories | ₹28.35 Cr | ₹28.31 Cr | ₹29.78 Cr | ₹23.99 Cr | ₹19.93 Cr | ₹18.13 Cr | ₹17.09 Cr | ₹22.7 Cr |
| Trade Receivables | ₹19.3 Cr | ₹32.47 Cr | ₹41.03 Cr | ₹36.96 Cr | ₹28.5 Cr | ₹21.35 Cr | ₹24.57 Cr | ₹36.39 Cr |
| Cash & Equivalents | ₹1.71 Cr | ₹43.57 Lakh | ₹47.95 Lakh | ₹58.63 Lakh | ₹56.6 Lakh | ₹16.14 Cr | ₹3.57 Cr | ₹4.16 Cr |
| Equity (Net Worth) | ₹73.51 Cr | ₹71.63 Cr | ₹69.62 Cr | ₹68.16 Cr | ₹67.16 Cr | ₹60.49 Cr | ₹42.46 Cr | ₹36.38 Cr |
| Equity Share Capital | ₹11.45 Cr | ₹11.45 Cr | ₹11.45 Cr | ₹11.45 Cr | ₹11.45 Cr | ₹11.45 Cr | ₹3.82 Cr | ₹3.82 Cr |
| Borrowings (Non-current) | ₹2.67 Cr | ₹8.13 Cr | ₹5.56 Cr | ₹58.58 Lakh | ₹37.34 Lakh | ₹1.66 Cr | ₹2.01 Cr | ₹2.5 Cr |
| Borrowings (Current) | ₹5.69 Cr | ₹8.67 Cr | ₹6.14 Cr | ₹5.11 Cr | ₹2.5 Cr | ₹8.23 Cr | ₹13.64 Cr | ₹25.18 Cr |
| Total Debt (computed) | ₹8.37 Cr | ₹16.8 Cr | ₹11.7 Cr | ₹5.7 Cr | ₹2.88 Cr | ₹9.9 Cr | ₹15.66 Cr | ₹27.67 Cr |
| Current Liabilities | ₹26.56 Cr | ₹31.08 Cr | ₹42.06 Cr | ₹35.48 Cr | ₹15.33 Cr | ₹24.79 Cr | ₹37.9 Cr | ₹57.13 Cr |
| Total Liabilities | ₹30.04 Cr | ₹40.11 Cr | ₹48.57 Cr | ₹37.48 Cr | ₹20.45 Cr | ₹31.33 Cr | ₹45.29 Cr | ₹64.53 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹22.26 Cr | ₹9.98 Cr | ₹4.4 Cr | ₹12.11 Cr | ₹2.01 Cr |
| Investing Cash Flow | -₹8.92 Cr | -₹11.42 Cr | -₹7.16 Cr | -₹10.25 Cr | -₹5.88 Cr |
| Financing Cash Flow | -₹12.07 Cr | ₹1.4 Cr | ₹2.66 Cr | -₹1.52 Cr | -₹11.7 Cr |
| Capital Expenditure | ₹8.47 Cr | ₹11.52 Cr | ₹8.24 Cr | ₹9.47 Cr | ₹6.55 Cr |
| Free Cash Flow (computed) | ₹13.79 Cr | -₹1.54 Cr | -₹3.84 Cr | ₹2.64 Cr | -₹4.54 Cr |
| Dividends Paid | ₹1.72 Cr | ₹1.72 Cr | ₹2.29 Cr | ₹3.43 Cr | ₹3.43 Cr |
| Net Change in Cash | ₹1.27 Cr | -₹4.38 Lakh | -₹10.69 Lakh | ₹34.18 Lakh | -₹15.58 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹29.09 Cr | ₹22.29 Cr | ₹31.6 Cr | ₹18.99 Cr | ₹38.09 Cr | ₹31.25 Cr | ₹29.39 Cr | ₹27.27 Cr |
| Other Income | ₹1.73 Lakh | ₹83,000 | ₹1.03 Lakh | ₹8.76 Lakh | ₹7.56 Lakh | ₹43,000 | ₹72,000 | ₹17,000 |
| Total Income | ₹29.11 Cr | ₹22.3 Cr | ₹31.61 Cr | ₹19.08 Cr | ₹38.17 Cr | ₹31.25 Cr | ₹29.4 Cr | ₹27.27 Cr |
| Cost of Materials Consumed | ₹12.12 Cr | ₹10.02 Cr | ₹11.08 Cr | ₹12.01 Cr | ₹19.36 Cr | ₹15.5 Cr | ₹15.16 Cr | ₹17.84 Cr |
| Purchases of Stock-in-Trade | -₹3,000 | ₹0 | ₹0 | ₹2.53 Lakh | ₹3.11 Lakh | ₹2.14 Lakh | ₹2.54 Lakh | ₹6.12 Lakh |
| Changes in Inventories | ₹2.29 Cr | -₹3.4 Cr | ₹4.33 Cr | -₹3.13 Cr | ₹2.91 Cr | -₹59.88 Lakh | ₹6.62 Lakh | -₹1.77 Cr |
| Employee Benefit Expense | ₹4.49 Cr | ₹4.54 Cr | ₹4.3 Cr | ₹4.23 Cr | ₹4.15 Cr | ₹4.43 Cr | ₹5.12 Cr | ₹3.65 Cr |
| Finance Costs | ₹31.06 Lakh | ₹25.25 Lakh | ₹65.96 Lakh | ₹46.18 Lakh | ₹51.59 Lakh | ₹50.84 Lakh | ₹43.75 Lakh | ₹40.82 Lakh |
| Depreciation & Amortisation | ₹1.75 Cr | ₹1.67 Cr | ₹1.51 Cr | ₹1.41 Cr | ₹1.5 Cr | ₹1.37 Cr | ₹1.33 Cr | ₹1.29 Cr |
| Other Expenses | ₹6.39 Cr | ₹7.13 Cr | ₹6.87 Cr | ₹5.63 Cr | ₹6.96 Cr | ₹7.73 Cr | ₹6.13 Cr | ₹7.05 Cr |
| Total Expenses | ₹27.36 Cr | ₹20.22 Cr | ₹28.76 Cr | ₹20.63 Cr | ₹35.44 Cr | ₹28.97 Cr | ₹28.27 Cr | ₹28.53 Cr |
| Profit Before Exceptional Items & Tax | ₹1.75 Cr | ₹2.08 Cr | ₹2.85 Cr | -₹1.55 Cr | ₹2.73 Cr | ₹2.29 Cr | ₹1.13 Cr | -₹1.25 Cr |
| Exceptional Items | -₹1.09 Lakh | -₹45.17 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.74 Cr | ₹1.63 Cr | ₹2.85 Cr | -₹1.55 Cr | ₹2.73 Cr | ₹2.29 Cr | ₹1.13 Cr | -₹1.25 Cr |
| Total Tax Expense | ₹67.14 Lakh | ₹23.46 Lakh | ₹79.05 Lakh | -₹45.79 Lakh | ₹50.46 Lakh | ₹80.81 Lakh | ₹35.61 Lakh | -₹33.16 Lakh |
| Net Profit | ₹1.07 Cr | ₹1.4 Cr | ₹2.06 Cr | -₹1.1 Cr | ₹2.23 Cr | ₹1.48 Cr | ₹77.51 Lakh | -₹92.3 Lakh |
| Other Comprehensive Income | ₹12.22 Lakh | ₹11.67 Lakh | ₹7.37 Lakh | -₹13.84 Lakh | ₹13.51 Lakh | ₹0 | ₹2.97 Lakh | ₹0 |
| Total Comprehensive Income | ₹1.19 Cr | ₹1.51 Cr | ₹2.13 Cr | -₹1.23 Cr | ₹2.37 Cr | ₹1.48 Cr | ₹80.48 Lakh | -₹92.3 Lakh |
| EBITDA (computed) | ₹3.81 Cr | ₹4.01 Cr | ₹5.02 Cr | ₹31.69 Lakh | ₹4.75 Cr | ₹4.17 Cr | ₹2.9 Cr | ₹44.8 Lakh |
| Basic EPS | ₹0.93 | ₹1.22 | ₹1.80 | ₹-0.96 | ₹1.95 | ₹1.29 | ₹0.68 | ₹-0.81 |
| Diluted EPS | ₹0.93 | ₹1.22 | ₹1.80 | ₹-0.96 | ₹1.95 | ₹1.29 | ₹0.68 | ₹-0.81 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| API | ₹29.09 Cr | ₹3.08 Cr | ₹97.74 Cr | ₹29.14 Cr |
| Formulation | ₹3.42 Lakh | -₹10.85 Lakh | ₹20.14 Lakh | ₹20.14 Lakh |
| Unallocable | -₹2.25 Lakh | -₹77.21 Lakh | ₹5.61 Cr | ₹74.21 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| API | ₹101.81 Cr | ₹9.82 Cr | - | - |
| Formulation | ₹24.33 Lakh | -₹43.06 Lakh | - | - |
| Unallocable | ₹3.61 Lakh | -₹2.85 Cr | - | - |
Charges & Borrowings of Smruthi Organics Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2023 | Axis Bank Limited | ₹17 Cr | Open |
| 15 Feb 2001 | State Bank of India | ₹46.55 Cr | Open |
| 27 Feb 2023 | Axis Bank Limited | ₹87 Lakh | Satisfied |
| 17 Dec 2012 | Axis Bank Limited | ₹19.25 Cr | Satisfied |
| 15 Feb 2007 | Sbi Factors and Commercial Services (P) Limited | ₹54.75 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Smruthi Organics Ltd
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Employee and EPFO history for Smruthi Organics Ltd
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GST Compliance of Smruthi Organics Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Smruthi Organics Ltd
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MSME Payment Delays by Smruthi Organics Ltd
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Subsidiaries & Group Companies of Smruthi Organics Ltd
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MCA Filings & Documents of Smruthi Organics Ltd
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Recent Activity on Smruthi Organics Ltd
Frequently Asked Questions about Smruthi Organics Ltd
Smruthi Organics Ltd is an active public limited company in the pharma sector based in Solapur, Maharashtra, India. It was incorporated on 11 July 1989 (37+ years old) and is registered under CIN L24119PN1989PLC052562. Listed on BSE: 540686. The company has 585 employees.
Smruthi Organics Ltd reported revenue of ₹101.97 Cr for FY 2026 (down 19.08% YoY) based on standalone BSE filings.
The current directors of Smruthi Organics Ltd are:
- Purushotham Malaiah Eaga - Managing Director
- Smruthi Purushotham Eaga - Director
- Swapnil Purushotham Eaga - Managing Director
- Prakash Purushottam Wadgaonkar - Director
- Anoop Anil Doshi - Director
- Dharmaraj Ramachandra Rao - Director
The primary industry of Smruthi Organics Ltd is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Yes. Smruthi Organics Ltd is listed on BSE with code 540686.
Smruthi Organics Ltd can be reached at the registered office: 165 A Balaji Bhavanrailway Lines, Solapur, Maharashtra, India – 413001, or through the website smruthiorganics.com.