- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-22-0002289

About Synco Industries Limited
Data last updated:
Synco Industries Limited is a public limited company based in Jodhpur, Rajasthan, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 15 March 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17110RJ1982PLC047994. Its GSTIN is 08AAACS5548J1Z2 (Rajasthan). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.77 Cr. It was formerly known as Synco Textiles P Limited. It is led by directors including Tribhuwan Raj Bhandari (Managing Director) and Sudeep Raj Bhandari.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16 – A (III) Heavy Industrial Area, Jodhpur, Rajasthan, India – 342003.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.73 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 1.9%) and EBITDA of ₹4.28 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.79 Cr and satisfied charges of ₹40.1 Cr on record. Court records list 63 cases involving the company, including 48 filed by the company and 15 filed against it; 20 cases are pending.
Synco Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-22-0002289). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synco.co.in.
Company details
CIN history
Synco Industries has one previous CIN (Corporate Identification Number): U17110MH1982PLC026663. The current CIN is U17110RJ1982PLC047994, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110RJ1982PLC047994 | Current |
| U17110MH1982PLC026663 | Previous |
Recognitions & Rankings of Synco Industries
Contact details
Synco Industries Limited's registered office is in Jodhpur, Rajasthan. Its website is synco.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16 – A (III) Heavy Industrial Area, Jodhpur, Rajasthan, India – 342003
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Synco Industries 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
Business activity
The main business activity of Synco Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Synco Industries Limited, buy the company report.
Financials of Synco Industries Limited
FY 2025 filings availableSynco Industries Limited reported revenue of ₹54.73 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 18% growth in the latest year. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Synco Industries Limited, buy the company report.
Board of directors of Synco Industries Limited
Synco Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tribhuwan Raj Bhandari | Managing Director | 15 Mar 1982 | 44 Years 7 Months | Current |
| Sudeep Raj Bhandari | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
| Trideep Raj Bhandari | Director | 25 May 2011 | 15 Years 4 Months | Current |
Auditor
Synco Industries Limited is audited by MEHRA ANIL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHRA ANIL & ASSOCIATES | FY 2023 | 11692W |
Shareholding
The shareholding of Synco Industries 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 Synco Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2021 | 100432149 | Others | ₹18.79 Cr | Open | |
| 31 Jul 2018 | 100202890 | Others | ₹5 Cr | Satisfied | |
| 07 Dec 2016 | 100068449 | Others | ₹4.1 Cr | Satisfied | |
| 25 Feb 2015 | 10562576 | Dena Bank | ₹10 Cr | Satisfied | |
| 17 Feb 2014 | 10482871 | Tata Capital Housing Finance Limited | ₹1 Cr | Satisfied |
To see the full charge records of Synco Industries Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Synco Industries Limited has 63 court cases on record: 48 filed by Synco Industries, 15 filed against it. 20 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 14 | 10 |
| District courts | 27 | 0 | 10 |
| Supreme Court | 4 | 1 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (AP-COM) | Filed against the company by Garden Reach Shipbuilders and Engineers Ltd Basanta Kumar Sen | Pending |
| District court, Jodhpur Metro, Rajasthan | Civil suit | Filed by the company against Gind Infra Pvt Ltd | Pending |
| High Court, RAJASTHAN | Appeal | Filed by the company against Bharat Heavy Electricals Ltd. and 1 other | Pending |
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed by the company against Cannery Machinery Pvt. Ltd. | Pending |
| High Court | Court case (AP-COM) | Filed against the company by Garden Reach Shipbuilders and Engineers Ltd Basanta Kumar Sen | Disposed |
To see the full case history of Synco Industries 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
Synco Industries Limited was last rated by Icra on 27 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jan 2022 |
To see the full credit ratings and regulatory alerts of Synco Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synco Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synco Industries Limited has a workforce of 75 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Synco Industries has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACS5548J1Z2 | Rajasthan | Active | 01 Jul 2017 |
| 08AAAFS4938B2ZC | Rajasthan | Active | 01 Jul 2017 |
| 08AAACS5548J2Z1 | Rajasthan | Active | 22 Mar 2025 |
| 24AAACS5548J1Z8 | Gujarat | Active | 09 Nov 2022 |
To see the full GST registrations and return filing status of Synco Industries Limited, buy the company report.
Recent activity
Synco Industries Limited has 7 board changes on record since 1982: 5 appointments and 2 cessations. The latest: Gajendra Mal Singhvi ceased to be Director on 25 May 2011.
29 earlier events are in the company report.
Frequently asked questions
Synco Industries is an active public limited company based in Jodhpur, Rajasthan, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 15 March 1982 (44+ years old) and is registered under CIN U17110RJ1982PLC047994.
Synco Industries has 3 current directors:
- Tribhuwan Raj Bhandari - Managing Director
- Sudeep Raj Bhandari - Director
- Trideep Raj Bhandari - Director
The latest financial statements of Synco Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Synco Industries is 08AAACS5548J1Z2, registered in Rajasthan. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAAFS4938B2ZC (Rajasthan), 08AAACS5548J2Z1 (Rajasthan), 24AAACS5548J1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Synco Industries is U17110RJ1982PLC047994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synco Industries has 63 court cases on record: 48 filed by the company and 15 filed against it. 20 are pending. Most are in the high courts.
Synco Industries was incorporated on 15 March 1982, making it 44+ years old. It is registered with the Registrar of Companies, Jaipur.
Gajendra Mal Singhvi ceased to be Director on 25 May 2011. Rajeev Bhandari ceased to be Director on 25 May 2011. Trideep Raj Bhandari was appointed as Director on 25 May 2011. Synco Industries has 7 board changes on record in total.
Yes, Synco Industries is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-22-0002289).
Synco Industries can be reached through the website synco.co.in. Its registered office is in Jodhpur, Rajasthan, India.