About Symega Food Ingredients Limited
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Symega Food Ingredients Limited is a public limited company based in Vadavucode, Kerala, India, a subsidiary of Synthite Exports Limited. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 07 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51225KL2006PLC019598. Its GSTIN is 32AAKCS0062P1Z6 (Kerala). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹29.5 Cr and a paid-up capital of ₹25.72 Cr. It was formerly known as Symega Savoury Technology Private Limited and Symega Savoury Technology Limited. It is led by directors including Santhosh Stephen (Managing Director) and Paolo George (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Synthite Taste Park No XI 312G Pancode, Vadavucode, Kerala, India – 682310.
As per the financials filed for FY 2025, the company reported a revenue of ₹576.2 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹38.03 Cr (net margin 6.6%) and EBITDA of ₹60.46 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 18% over five years.
The company has about 482 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Symega. As per MCA filings, the company has open charges of ₹79.33 Cr and satisfied charges of ₹45.51 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 2 cases are pending. The company has 18 deals on record (9 secondary share transfers, 8 funding rounds, 1 acquisition), with disclosed funding of ₹36.59 Cr; the latest was in March 2020. Its 5 peer companies in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Danisco (India) Private Limited with revenue of ₹864.67 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website symega.com.
Company details
Name history
Symega Food Ingredients has undergone 2 name changes throughout its history. The company was previously known as Symega Savoury Technology Private Limited, and Symega Savoury Technology Limited. The current legal name is Symega Food Ingredients Limited.
| Company Name | Status |
|---|---|
| Symega Food Ingredients Limited | Current |
| Symega Savoury Technology Private Limited | Previous |
| Symega Savoury Technology Limited | Previous |
CIN history
Symega Food Ingredients has one previous CIN (Corporate Identification Number): U51225KL2006PTC019598. The current CIN is U51225KL2006PLC019598, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51225KL2006PLC019598 | Current |
| U51225KL2006PTC019598 | Previous |
Contact details
Symega Food Ingredients Limited's registered office is in Vadavucode, Kerala. Its website is symega.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSynthite Taste Park No XI 312G Pancode, Vadavucode, Kerala, India – 682310
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Symega Food Ingredients 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
Brands
Symega Food Ingredients operates one associated brand: Symega. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of food ingredients processing services | symega.com |
Business activity
The main business activity of Symega Food Ingredients is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Symega Food Ingredients Limited, buy the company report.
Financials of Symega Food Ingredients Limited
FY 2025 filings availableSymega Food Ingredients Limited reported revenue of ₹576.2 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 15% growth in the latest year. EBITDA rose 7% 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 |
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| EBITDA | ₹60.46 Cr | ||||
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| Net Profit (PAT) | ₹38.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Symega Food Ingredients Limited, buy the company report.
Board of directors of Symega Food Ingredients Limited
Symega Food Ingredients has 5 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paolo George Also directs: Herbal Isolates Pvt Ltd, Zenriva Brands Private Limited, Synthite Industries Private Limited and 5 more | Whole-Time Director | 25 Nov 2015 | 10 Years 11 Months | Current |
| Vishal Menon Also directs: Algavista Greentech Private Limited | Director | 25 Nov 2015 | 10 Years 11 Months | Current |
| Santhosh Stephen | Managing Director | 25 Nov 2010 | 15 Years 11 Months | Current |
| Ashok Mani Also directs: Zenriva Brands Private Limited, Synthite Industries Private Limited, Pure Spaces Hospitality Private Limited and 2 more | Director | 25 Nov 2015 | 10 Years 11 Months | Current |
| Neelam Varghese Also directs: Botaniam Enterprises Limited | Director | 13 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Symega Food Ingredients Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Danisco (India) Private Limited | ₹864.67 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Kerry Ingredients India Private Limited | ₹709.76 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Symega Food Ingredients Limitedthis company | ₹576.2 Cr (FY 2025) | ₹38.03 Cr | 6.6% | 15.0% | 482 | Vadavucode, Kerala, India |
| VKL Seasoning Private Limited | ₹553.22 Cr (FY 2025) | 21.0% | Navi Mumbai, Maharashtra, India | |||
| SKM Egg Products Export India Limited | ₹511.87 Cr (FY 2025) | -28.0% | Erode, Tamil Nadu, India | |||
| Keva Flavours Private Limited | ₹419.78 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Symega Food Ingredients Limited, buy the company report.
Auditor
Symega Food Ingredients Limited is audited by Elias George & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Elias George & Co | FY 2023 | 000801S |
Shareholding
The shareholding of Symega Food Ingredients 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 Symega Food Ingredients Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101173589 | Others | ₹8.97 Lakh | Open | |
| 28 Jul 2025 | 101166462 | Others | ₹19.52 Lakh | Open | |
| 28 Jul 2025 | 101167467 | Others | ₹35.36 Lakh | Open | |
| 21 May 2025 | 101105924 | Others | ₹72.4 Lakh | Open | |
| 28 Mar 2025 | 101081715 | Others | ₹24.67 Lakh | Open |
To see the full charge records of Symega Food Ingredients Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Symega Food Ingredients Limited has 18 deals on record (9 secondary share transfers, 8 funding rounds, 1 acquisition), with disclosed funding of ₹36.59 Cr; the latest was in March 2020.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Synthite Exports Limited Seller: Omega Flavour Technology Limited |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Synthite Exports Limited |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Synthite Exports Limited Seller: Omega Flavour Technology Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Seller: Intergrow Holdings Private Limited |
| Feb 2018 | Secondary share transfer | Undisclosed | Seller: Intergrow Holdings Private Limited |
To see the full deal history of Symega Food Ingredients Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Symega Food Ingredients Limited has 16 court cases on record: 10 filed by Symega Food Ingredients, 6 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 5 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by Intergrow Brands Pvt. Ltd and 1 other | Pending |
| District court, East, Delhi | Execution petition | Filed by the company against Bharat Foods and Beverages Pvt Ltd | Disposed |
| District court, East, Delhi | Commercial suit | Filed by the company against Bharat Foods and Beverages Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Iccg India Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Sameeksha Food India Pvt Ltd Prop Sushil Kumar | Disposed |
To see the full case history of Symega Food Ingredients 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
Symega Food Ingredients Limited was last rated by Care on 03 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Nov 2021 |
To see the full credit ratings and regulatory alerts of Symega Food Ingredients Limited, buy the company report.
MSME payment delays
Symega Food Ingredients Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Mahika Packaging (India) Limited | |||
| Garlico Industries Limited | |||
| Akash Packtech Private Limited |
To see the full MSME payment records of Symega Food Ingredients Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Symega Food Ingredients Limited has a workforce of 482 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Symega Food Ingredients has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAKCS0062P1Z6 | Kerala | Active | 01 Jul 2017 |
| 06AAKCS0062P1Z1 | Haryana | Active | 01 Jul 2017 |
| 23AAKCS0062P1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
| 29AAKCS0062P1ZT | Karnataka | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Symega Food Ingredients Limited, buy the company report.
Recent activity
Symega Food Ingredients Limited has 23 board changes on record since 2007: 5 appointments and 18 cessations. The latest: Mathews Jacob ceased to be CFO on 31 Aug 2022.
50 earlier events are in the company report.
Frequently asked questions
Symega Food Ingredients is an active public limited company based in Vadavucode, Kerala, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 07 July 2006 (20+ years old) and is registered under CIN U51225KL2006PLC019598.
Symega Food Ingredients has 5 current directors:
- Santhosh Stephen - Managing Director
- Paolo George - Whole-Time Director
- Vishal Menon - Director
- Ashok Mani - Director
- Neelam Varghese - Director
The latest financial statements of Symega Food Ingredients on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Symega Food Ingredients is 32AAKCS0062P1Z6, registered in Kerala. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAKCS0062P1Z1 (Haryana), 23AAKCS0062P1Z5 (Madhya Pradesh), 29AAKCS0062P1ZT (Karnataka).
The CIN (Corporate Identification Number) of Symega Food Ingredients is U51225KL2006PLC019598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Symega Food Ingredients has 16 court cases on record: 10 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Symega Food Ingredients was incorporated on 07 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ernakulam.
Symega Food Ingredients has 18 deals on record (9 secondary share transfers, 8 funding rounds, 1 acquisition), with disclosed funding of ₹36.59 Cr; the latest was in March 2020.
The peers of Symega Food Ingredients by revenue are Danisco (India) Private Limited, Kerry Ingredients India Private Limited, VKL Seasoning Private Limited, SKM Egg Products Export India Limited, Keva Flavours Private Limited, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).
Mathews Jacob ceased to be CFO on 31 Aug 2022. Paolo George ceased to be Director on 28 Sep 2017. Chennakattukalangamaril Varkey Jacob ceased to be Additional Director on 16 Aug 2017. Symega Food Ingredients has 23 board changes on record in total.
Symega Food Ingredients has 7 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 4 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Symega Food Ingredients can be reached through the website symega.com. Its registered office is in Vadavucode, Kerala, India.