Synchem Laboratories Private Limited

Synchem Laboratories Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U24231GJ1996PTC030191 Incorporated 12 July 1996 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹25.3 Cr
▲ 7% YoY
Net profit · FY 2024
₹3.37 Cr
Net margin 13.3%
EBITDA · FY 2024
₹5.23 Cr
EBITDA margin 20.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹6.95 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Active GSTINs
2
of 4 registered

About Synchem Laboratories Private Limited

Data last updated:

Synchem Laboratories Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1996PTC030191. Its GSTIN is 24AAHCS8538H1Z2 (Gujarat). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.95 Lakh. It is led by directors Jinendra Kumar Jain (Whole-Time Director) and Arvindr Kumar Jain (Whole-Time Director).

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 103 Anand Aptopp Rajshree Cinema Sayajigunj, Vadodara, Gujarat, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹25.3 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Cr (net margin 13.3%) and EBITDA of ₹5.23 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 15% over five years.

The company is associated with 1 brand: Synchem. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.

Synchem Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0026542). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synchemlabs.com.

Company details

CIN U24231GJ1996PTC030191
Registration Number 030191
Incorporation Date 12 July 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0026542
Key People
Jinendra Kumar Jain Whole-Time Director Arvindr Kumar Jain Whole-Time Director

Recognitions & Rankings of Synchem Laboratories

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0026542

Contact details

Synchem Laboratories Private Limited's registered office is in Vadodara, Gujarat. Its website is synchemlabs.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    synchemlabs.com
  • Registered Address
    103 Anand Aptopp Rajshree Cinema Sayajigunj, Vadodara, Gujarat, India
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Synchem Laboratories Private Limited, buy the company report.

Comprehensive company report
Synchem Laboratories 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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Brands

Synchem Laboratories operates one associated brand: Synchem. Each brand links to its own profile.

BrandDescriptionWebsite
Synchem
Custom organic synthesis, medicinal chemistry, and CMC services are provided.synchem.com

Business activity

The main business activity of Synchem Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Synchem Laboratories Private Limited, buy the company report.

Financials of Synchem Laboratories Private Limited

FY 2025 filings available

Synchem Laboratories Private Limited reported revenue of ₹25.3 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹25.3 Cr ▲ 7%
Net profit · FY 2024
₹3.37 Cr margin 13.3%
EBITDA · FY 2024
₹5.23 Cr margin 20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 28%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 45%
5 years · compounded
▲ 34%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 7% growth in the latest year. EBITDA rose 56% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹5.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.37 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.7%
Net Profit Margin13.3%
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 Synchem Laboratories Private Limited, buy the company report.

Board of directors of Synchem Laboratories Private Limited

Synchem Laboratories has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jinendra Kumar JainWhole-Time Director12 Jul 199630 Years 3 MonthsCurrent
Arvindr Kumar JainWhole-Time Director12 Jul 199630 Years 3 MonthsCurrent
View all directors

Peer comparison

Synchem Laboratories Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Molclone Labs Private Limited₹25.57 Cr (FY 2025)12.0%Chennai, Tamil Nadu, India
D R Johns Lab Private Limited₹25.41 Cr (FY 2025)60.0%New Delhi, Delhi, India
Synchem Laboratories Private Limitedthis company₹25.3 Cr (FY 2024)₹3.37 Cr13.3%7.0%Vadodara, Gujarat, India
Medgel Private Limited₹25.23 Cr (FY 2025)23.0%Indore, Madhya Pradesh, India
Tanmed Pharma India Private Limited₹25.2 Cr (FY 2024)-7.0%Chennai, Tamil Nadu, India
Ornate Labs Private Limited₹25.2 Cr (FY 2025)18.0%Muzaffarpur, Bihar, India
Piramal Phytocare Limited₹25.17 Cr (FY 2019)5.0%Mumbai, Maharashtra, India

To see the full peer comparison of Synchem Laboratories Private Limited, buy the company report.

Auditor

Synchem Laboratories Private Limited is audited by Mihir H. Shah & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mihir H. Shah & Co.FY 2023113894

Shareholding

The shareholding of Synchem Laboratories 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Synchem Laboratories Private Limited, buy the company report.

MSME payment delays

Synchem Laboratories Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 115 overdue payments to 25 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 (5 of 25)

SupplierAmount dueDue sinceReported on
Rishabh Lifescience Private Limited
Heena Roto Prints
Sureka Pharma
an individual supplier
an individual supplier

To see the full MSME payment records of Synchem Laboratories Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Synchem Laboratories has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AAHCS8538H1Z2GujaratActive01 Jul 2017
23AAHCS8538H1Z4Madhya PradeshActive01 Jul 2017

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

Recent activity

Synchem Laboratories Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Arvindr Kumar Jain was appointed as Whole-Time Director on 12 Jul 1996.

AGM
Synchem Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Synchem Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Arvindr Kumar Jain was appointed as Whole-Time Director.
Appointed
Jinendra Kumar Jain was appointed as Whole-Time Director.
Incorporation
12 Jul 1996
Synchem Laboratories Private Limited was registered on 12 Jul 1996 with Roc Ahmedabad & aged 30 years 3 months as per MCA records.

Frequently asked questions

Synchem Laboratories is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 July 1996 (30+ years old) and is registered under CIN U24231GJ1996PTC030191.

Synchem Laboratories has 2 current directors:

The latest financial statements of Synchem Laboratories 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 GSTIN of Synchem Laboratories is 24AAHCS8538H1Z2, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAHCS8538H1Z4 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Synchem Laboratories is U24231GJ1996PTC030191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Synchem Laboratories has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Synchem Laboratories was incorporated on 12 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Synchem Laboratories by revenue are Molclone Labs Private Limited, D R Johns Lab Private Limited, Medgel Private Limited, Tanmed Pharma India Private Limited, Ornate Labs Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Arvindr Kumar Jain was appointed as Whole-Time Director on 12 Jul 1996. Jinendra Kumar Jain was appointed as Whole-Time Director on 12 Jul 1996.

Yes, Synchem Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0026542).

Synchem Laboratories has 6 MSME Form 1 returns on record between 2019 and 2023, listing 115 overdue payments to 25 micro and small suppliers. The latest return was filed on 15 Dec 2023.

Synchem Laboratories can be reached through the website synchemlabs.com. Its registered office is in Vadodara, Gujarat, India.