Symphony Multitrade Private Limited
About Symphony Multitrade Private Limited
Data last updated:
Symphony Multitrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 01 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC152349. Its GSTIN is 27AAICS9149M1ZJ (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mehul Upendra Shanghvi and Kavita Mehul Shanghvi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 Shanta Ashishirla Lane Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.54 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹31.73 Lakh (net margin 3.7%) and EBITDA of ₹52.52 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 382% over three years and 161% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address8 Shanta Ashishirla Lane Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryConsumer Goods, Footwear Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Symphony Multitrade Private Limited
The main business activity of Symphony Multitrade is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Symphony Multitrade Private Limited FY 2024 filings available
Symphony Multitrade Private Limited reported revenue of ₹8.54 Cr (down 39% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Symphony Multitrade Private Limited
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 161%. EBITDA rose 24% 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 of Symphony Multitrade Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹52.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.73 Lakh | •••• | •••• | •••• | •••• |
| 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 of Symphony Multitrade Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Symphony Multitrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Symphony Multitrade Private Limited
Symphony Multitrade Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shakti Textile Engineers Private Limited | ₹8.55 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Silk Sutra Craft Promotion Private Limited | ₹8.55 Cr (FY 2025) | •••• | •••• | 965.0% | •••• | Delhi, India |
| Briar Knoll Towels Private Limited | ₹8.54 Cr (FY 2017) | •••• | •••• | •••• | Dindigul, Tamil Nadu, India | |
| Baduria Jute Products Private Limited | ₹8.54 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | West Bengal, India |
| Dhawal Fab Private Limited | ₹8.54 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Surat, Gujarat, India |
| Symphony Multitrade Private Limited this company | ₹8.54 Cr (FY 2022) | •••• | •••• | -39.0% | •••• | Mumbai, Maharashtra, India |
| Maha Padmavati Textile Services Private Limited | ₹8.54 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| J V Flexi Tapes Private Limited | ₹8.53 Cr (FY 2024) | •••• | •••• | 393.0% | •••• | Tirupur, Tamil Nadu, India |
| Narayan Muni Spintex Private Limited | ₹8.52 Cr (FY 2025) | •••• | •••• | 1190.0% | •••• | Ahmedabad, Gujarat, India |
| Dress. Com India Private Limited | ₹8.52 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
| Shree Ram Textile Mills Private Limited | ₹8.52 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Symphony Multitrade by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Symphony Multitrade Private Limited
Symphony Multitrade Private Limited is audited by PRAVIN ADAKE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVIN ADAKE & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Symphony Multitrade Private Limited
Symphony Multitrade has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Upendra Shanghvi Also directs: Just 1 Life Apparels Private Limited, Bluer Apparel's Private Limited, D'shiva Fab World Private Limited and 2 more | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Kavita Mehul Shanghvi Also directs: Chillcare Apparels Private Limited | Director | 25 Jul 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Symphony Multitrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Symphony Multitrade Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2022 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Symphony Multitrade Private Limited
Employment history and EPFO contributions of people linked to Symphony Multitrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Symphony Multitrade Private Limited
Symphony Multitrade Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Kavita Mehul Shanghvi ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Symphony Multitrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Symphony Multitrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Symphony Multitrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Symphony Multitrade Private Limited
Symphony Multitrade has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS9149M1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 07AAICS9149M1ZL | Delhi | Active | 01 May 2019 |
| 03AAICS9149M1ZT | Punjab | Active | 21 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Symphony Multitrade Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Symphony Multitrade Private Limited
Symphony Multitrade is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 01 April 2005 (21+ years old) and is registered under CIN U51909MH2005PTC152349.
Symphony Multitrade reported revenue of ₹8.54 Cr for FY 2022 (down 39% YoY).
Symphony Multitrade has 2 current directors:
- Mehul Upendra Shanghvi - Director
- Kavita Mehul Shanghvi - Director
Symphony Multitrade reported a net profit of ₹31.73 Lakh (net margin 3.7%) and EBITDA of ₹52.52 Lakh (EBITDA margin 6.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Symphony Multitrade is 382% over three years and 161% over five years. In the latest year (FY 2022) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Symphony Multitrade is 27AAICS9149M1ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAICS9149M1ZL (Delhi), 03AAICS9149M1ZT (Punjab).
The CIN (Corporate Identification Number) of Symphony Multitrade is U51909MH2005PTC152349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Symphony Multitrade was incorporated on 01 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Symphony Multitrade by revenue are Shakti Textile Engineers Private Limited, Silk Sutra Craft Promotion Private Limited, Briar Knoll Towels Private Limited, Baduria Jute Products Private Limited, Dhawal Fab Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Kavita Mehul Shanghvi ceased to be Additional Director on 30 Sep 2022. Pankaj Chandrakant Shanghvi ceased to be Director on 29 Jul 2022. Kavita Mehul Shanghvi was appointed as Director on 25 Jul 2022. Symphony Multitrade has 6 board changes on record in total.
The registered office of Symphony Multitrade is at 8 Shanta Ashishirla Lane Vile Parle W, Mumbai, Maharashtra, India – 400056.