Sweta Synthetics Private Limited

Sweta Synthetics Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17100MH1990PTC058046 Incorporated 06 September 1990 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company home and lifestyle MSME
Revenue · FY 2020
₹52.39 Cr
▼ 43% YoY
Net loss · FY 2020
₹7.64 Cr
Net margin -14.6%
EBITDA · FY 2020
-₹5.92 Cr
EBITDA margin -11.3%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.89 Cr
Issued & subscribed
Open charges
₹9.5 Cr
Secured borrowings
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings

About Sweta Synthetics Private Limited

Data last updated:

Sweta Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 September 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1990PTC058046. Its GSTIN is 27AAACS9101K1ZB (Maharashtra).

The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.89 Cr. It is led by directors Dhanish Vijayraj Mehta and Abhishek Vijayraj Mehta.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 211 Keval Industrial Estate Senapati Bapat Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2020, the company reported a revenue of ₹52.39 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹7.64 Cr (net margin -14.6%) and EBITDA of -₹5.92 Cr (EBITDA margin -11.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 4% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹9.5 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 1 case is pending.

Sweta Synthetics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0082343). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sweta.co.in.

Company details

CIN U17100MH1990PTC058046
Registration Number 058046
Incorporation Date 06 September 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0082343
Key People
Dhanish Vijayraj Mehta Additional Director Abhishek Vijayraj Mehta Additional Director

Recognitions & Rankings of Sweta Synthetics

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0082343

Contact details

Sweta Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its website is sweta.co.in. Its e-mail address is in the company report.

  • Email
  • Website
    sweta.co.in
  • Registered Address
    211 Keval Industrial Estate Senapati Bapat Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Sweta Synthetics Private Limited, buy the company report.

Comprehensive company report
Sweta Synthetics Private 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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Business activity

The main business activity of Sweta Synthetics is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

Financials of Sweta Synthetics Private Limited

FY 2021 filings available

Sweta Synthetics Private Limited reported revenue of ₹52.39 Cr (down 43% YoY) for FY 2020.

Revenue · FY 2020
₹52.39 Cr ▼ 43%
Net loss · FY 2020
₹7.64 Cr margin -14.6%
EBITDA · FY 2020
-₹5.92 Cr margin -11.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 16%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 331%
3 years · compounded
▼ 73%
5 years · compounded
▼ 41%

Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 331% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹52.39 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.64 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-11.3%
Net Profit Margin-14.6%
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 Sweta Synthetics Private Limited, buy the company report.

Board of directors of Sweta Synthetics Private Limited

Sweta Synthetics has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhanish Vijayraj Mehta
Also directs: VHM Apparels Private Limited, Nakoda Apparels Private Limited, Aadeshwar Exports Private Limited and 4 more
Additional Director05 Jan 20224 Years 10 MonthsCurrent
Abhishek Vijayraj Mehta
Also directs: VHM Apparels Private Limited
Additional Director05 Jan 20224 Years 10 MonthsCurrent
View all directors

Peer comparison

Sweta Synthetics Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Virika Exim Private Limited₹52.46 Cr (FY 2024)74.0%New Delhi, Delhi, India
Sweta Synthetics Private Limitedthis company₹52.39 Cr (FY 2020)-₹7.64 Cr-14.6%-43.0%Mumbai, Maharashtra, India
Rakesh Oswal Hosiery Mills Private Limited₹52.35 Cr (FY 2025)99.0%Punjab, India
Aryaman Enterprise Private Limited₹52.26 Cr (FY 2023)-46.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Sweta Synthetics Private Limited, buy the company report.

Auditor

Sweta Synthetics Private Limited is audited by G P SHARMA & CO LLP for the financial year 2020.

Auditor firmFinancial yearFirm registration number
G P SHARMA & CO LLPFY 2020109957W

Shareholding

The shareholding of Sweta Synthetics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sweta Synthetics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 May 201410501014Others₹9.5 CrOpen

To see the full charge records of Sweta Synthetics Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sweta Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Sweta Synthetics has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Namah Infrastructure Private LimitedU45202MH2008PTC179659

To see the full group structure of Sweta Synthetics Private Limited, buy the company report.

GST

Sweta Synthetics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACS9101K1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sweta Synthetics Private Limited, buy the company report.

Recent activity

Sweta Synthetics Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Jignesh Dineshlal Nagar ceased to be Director on 12 Jan 2022.

Ceased
Jignesh Dineshlal Nagar ceased to be Director.
Appointed
Abhishek Vijayraj Mehta was appointed as Additional Director.
Appointed
Dhanish Vijayraj Mehta was appointed as Additional Director.
AGM
Sweta Synthetics Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Sweta Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai I.
Ceased
Hitendra Chinubhai Shah ceased to be Additional Director.
Ceased
Santosh Anant Shetty ceased to be Additional Director.
Ceased
Yogendra Bhikamchandji Jain ceased to be Director.
Ceased
Rinku Abhishek Mehta ceased to be Director.
Charges
A charge with Others of Rs. 9.50 Cr registered on 15 May 2014 with Charge ID 10501014 was modified on 01 Mar 2018.
Ceased
Sweta Dhanish Mehta ceased to be Additional Director.
Ceased
Dineshkumar Nemichand Jain ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Sweta Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 September 1990 (36+ years old) and is registered under CIN U17100MH1990PTC058046.

Sweta Synthetics has 2 current directors:

The latest financial statements of Sweta Synthetics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Sweta Synthetics is 27AAACS9101K1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sweta Synthetics is U17100MH1990PTC058046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sweta Synthetics has 10 court cases on record: 10 filed against it. 1 is pending. Most are in the district courts.

Sweta Synthetics was incorporated on 06 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Sweta Synthetics by revenue are Virika Exim Private Limited, Rakesh Oswal Hosiery Mills Private Limited, Aryaman Enterprise Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).

Jignesh Dineshlal Nagar ceased to be Director on 12 Jan 2022. Abhishek Vijayraj Mehta was appointed as Additional Director on 05 Jan 2022. Dhanish Vijayraj Mehta was appointed as Additional Director on 05 Jan 2022. Sweta Synthetics has 12 board changes on record in total.

Yes, Sweta Synthetics is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0082343).

Sweta Synthetics can be reached through the website sweta.co.in. Its registered office is in Mumbai, Maharashtra, India.