About Syncom Formulations (India) Limited
Data last updated: 14 July 2026
Syncom Formulations (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 21 June 1988, the company has been in operation for over 38 years.
Registered with ROC Mumbai under CIN L24239MH1988PLC047759. Listed on BSE: 524470.
Capital: an authorised share capital of ₹95 Cr and a paid-up capital of ₹94 Cr. Formerly known as Syncom Formulations (India) Pvt Limited. It is led by directors including Vijay Shankarlal Bankda and Kedarmal Shankarlal Bankda.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 7 Niraj Industrial Estate Off Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹489.17 Cr, a growth of 5.2% compared to the previous year. The net worth stands at ₹414.99 Cr (up 21.29% YoY). Total assets are valued at ₹533.85 Cr (up 29.17% YoY).
The company has a workforce of approximately 681 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - Syncom Formulations. As per MCA filings, the company has open charges of ₹53.3 Cr and satisfied charges of ₹156.68 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sfil.in.
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Registered Address7 Niraj Industrial Estate Off Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Syncom Formulations (India) Limited
Syncom Formulations (India) Limited has one previous CIN (Corporate Identification Number): U24239MH1988PLC047759. The current CIN is L24239MH1988PLC047759, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24239MH1988PLC047759 | Current |
| U24239MH1988PLC047759 | Previous |
Associated Brands with Syncom Formulations (India) Limited
Syncom Formulations (India) Limited operates one associated brand: Syncom Formulations. These brands represent Syncom Formulations (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical formulations are manufactured and exported in various dosage forms. | syncomformulations.com |
Business Activity of Syncom Formulations (India) Limited
Syncom Formulations (India) Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Syncom Formulations (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Syncom Formulations (India) Limited
Syncom Formulations (India) Limited is audited by Sanjay Mehta And Associates, Chartered Accountants (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Sanjay Mehta And Associates, Chartered Accountants (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Syncom Formulations (India) Limited
Syncom Formulations (India) Limited is currently managed by 6 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Vijay Shankarlal Bankda
Also directs:
Syncom Formulations (India) Limited, Sante Biotech Private Limited, Synmex Pharma Private Limited and 1 more
|
Managing Director | 01 Dec 1999 | 26 Years 8 Months | Current |
|
Kedarmal Shankarlal Bankda
Also directs:
Syncom Formulations (India) Limited, Sante Biotech Private Limited, Synmex Pharma Private Limited and 1 more
|
Whole-Time Director | 13 Apr 1992 | 34 Years 4 Months | Current |
| Ankit Kedarmal Bankda | Whole-Time Director | 09 Aug 2025 | 1 Years 0 Months | Current |
|
Ruchi Jindal
Also directs:
Syncom Formulations (India) Limited
|
Director | 28 Jun 2022 | 4 Years 1 Months | Current |
|
Ankit Jain
Also directs:
Syncom Formulations (India) Limited
|
Director | 14 Aug 2023 | 3 Years 0 Months | Current |
|
Ritesh Kumar Lunkad
Also directs:
Syncom Formulations (India) Limited
|
Director | 14 Aug 2023 | 3 Years 0 Months | Current |
Financials of Syncom Formulations (India) Limited FY 2026 filings available
Syncom Formulations (India) Limited reported revenue of ₹489.17 Cr (up 5.2% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹489.17 Cr | ₹465.01 Cr | ₹263.39 Cr | ₹224.25 Cr |
| Other Income | ₹31.34 Cr | ₹17.43 Cr | ₹13.53 Cr | ₹14.6 Cr |
| Total Income | ₹520.51 Cr | ₹482.45 Cr | ₹276.91 Cr | ₹238.85 Cr |
| Cost of Materials Consumed | ₹220.94 Cr | ₹278.03 Cr | ₹131.53 Cr | ₹99.46 Cr |
| Purchases of Stock-in-Trade | ₹67.23 Cr | ₹39.97 Cr | ₹27.11 Cr | ₹42.61 Cr |
| Changes in Inventories | -₹3.89 Cr | -₹10.66 Cr | -₹1.75 Cr | -₹37.61 Lakh |
| Employee Benefit Expense | ₹67.09 Cr | ₹52.17 Cr | ₹35.06 Cr | ₹25.87 Cr |
| Finance Costs | ₹1.16 Cr | ₹86.49 Lakh | ₹4.47 Cr | ₹3.13 Cr |
| Depreciation & Amortisation | ₹6.53 Cr | ₹5.19 Cr | ₹4.72 Cr | ₹4.54 Cr |
| Other Expenses | ₹60.38 Cr | ₹51.37 Cr | ₹41.8 Cr | ₹37.06 Cr |
| Total Expenses | ₹419.43 Cr | ₹416.94 Cr | ₹242.94 Cr | ₹212.29 Cr |
| Profit Before Exceptional Items & Tax | ₹101.08 Cr | ₹65.51 Cr | ₹33.98 Cr | ₹26.56 Cr |
| Exceptional Items | ₹3.69 Lakh | ₹58,000 | -₹2.39 Lakh | ₹1.33 Lakh |
| Profit Before Tax | ₹101.12 Cr | ₹65.51 Cr | ₹33.95 Cr | ₹26.57 Cr |
| Total Tax Expense | ₹24.68 Cr | ₹16.08 Cr | ₹8.64 Cr | ₹6.5 Cr |
| Net Profit | ₹76.44 Cr | ₹49.43 Cr | ₹25.31 Cr | ₹20.07 Cr |
| attributable to Owners | ₹0 | ₹0 | - | ₹0 |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 |
| Other Comprehensive Income | -₹3.61 Cr | ₹4.58 Cr | ₹6.81 Cr | ₹1.96 Cr |
| Total Comprehensive Income | ₹72.83 Cr | ₹54.01 Cr | ₹32.13 Cr | ₹22.03 Cr |
| EBITDA (computed) | ₹108.77 Cr | ₹71.57 Cr | ₹43.17 Cr | ₹34.23 Cr |
| Basic EPS | ₹0.81 | ₹0.57 | ₹0.34 | ₹0.24 |
| Diluted EPS | ₹0.81 | ₹0.57 | ₹0.34 | ₹0.24 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹533.85 Cr | ₹413.28 Cr | ₹404.66 Cr | ₹377.83 Cr |
| Non-current Assets | ₹203.48 Cr | ₹143.31 Cr | ₹129.88 Cr | ₹196.14 Cr |
| Current Assets | ₹330.37 Cr | ₹269.97 Cr | ₹274.78 Cr | ₹181.69 Cr |
| Property, Plant & Equipment | ₹89.77 Cr | ₹77.53 Cr | ₹72.31 Cr | ₹43.22 Cr |
| Inventories | ₹62.88 Cr | ₹41.33 Cr | ₹21.08 Cr | ₹21.2 Cr |
| Trade Receivables | ₹110.5 Cr | ₹107.55 Cr | ₹103.3 Cr | ₹75.51 Cr |
| Cash & Equivalents | ₹5.15 Cr | ₹71.2 Lakh | ₹63.38 Cr | ₹87.97 Lakh |
| Equity (Net Worth) | ₹414.99 Cr | ₹342.16 Cr | ₹288.14 Cr | ₹256.01 Cr |
| Equity Share Capital | ₹94 Cr | ₹94 Cr | ₹94 Cr | ₹94 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹1.47 Cr | ₹4.58 Cr | ₹72.49 Cr | ₹83.18 Cr |
| Total Debt (computed) | ₹1.47 Cr | ₹4.58 Cr | ₹72.49 Cr | ₹83.18 Cr |
| Current Liabilities | ₹103.73 Cr | ₹59.31 Cr | ₹106.52 Cr | ₹113.16 Cr |
| Total Liabilities | ₹118.86 Cr | ₹71.12 Cr | ₹116.52 Cr | ₹121.82 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹58.08 Cr | ₹23.44 Cr | -₹5.96 Cr | ₹10.53 Cr |
| Investing Cash Flow | -₹50.62 Cr | -₹18.2 Cr | ₹83.02 Cr | -₹44.95 Cr |
| Financing Cash Flow | -₹3.02 Cr | -₹67.9 Cr | -₹14.56 Cr | ₹35 Cr |
| Capital Expenditure | ₹11.67 Cr | ₹9.96 Cr | ₹8.14 Cr | ₹20.63 Cr |
| Free Cash Flow (computed) | ₹46.41 Cr | ₹13.48 Cr | -₹14.09 Cr | -₹10.11 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹2.82 Cr |
| Net Change in Cash | ₹4.44 Cr | -₹62.67 Cr | ₹62.5 Cr | ₹57.8 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹135.41 Cr | ₹115.14 Cr | ₹121.72 Cr | ₹116.9 Cr | ₹148.88 Cr | ₹127.53 Cr | ₹102.31 Cr | ₹87.26 Cr | ₹74.57 Cr | ₹65.14 Cr | ₹63.84 Cr | ₹59.84 Cr |
| Other Income | ₹14.55 Cr | ₹5.5 Cr | ₹5.25 Cr | ₹6.03 Cr | ₹6.94 Cr | ₹4.04 Cr | ₹4.15 Cr | ₹1.34 Cr | ₹3.1 Cr | ₹4.56 Cr | ₹4 Cr | ₹1.87 Cr |
| Total Income | ₹149.97 Cr | ₹120.64 Cr | ₹126.97 Cr | ₹122.94 Cr | ₹155.82 Cr | ₹131.57 Cr | ₹106.46 Cr | ₹88.59 Cr | ₹77.67 Cr | ₹69.69 Cr | ₹67.84 Cr | ₹61.71 Cr |
| Cost of Materials Consumed | ₹67.45 Cr | ₹47.45 Cr | ₹46.43 Cr | ₹59.61 Cr | ₹80.16 Cr | ₹76.26 Cr | ₹68.58 Cr | ₹53.03 Cr | ₹37.88 Cr | ₹37.75 Cr | ₹33.25 Cr | ₹22.65 Cr |
| Purchases of Stock-in-Trade | ₹20.55 Cr | ₹15.71 Cr | ₹15.29 Cr | ₹15.68 Cr | ₹15.79 Cr | ₹7.23 Cr | ₹12.66 Cr | ₹4.29 Cr | ₹5.02 Cr | ₹4.5 Cr | ₹8.37 Cr | ₹9.21 Cr |
| Changes in Inventories | -₹4.68 Cr | -₹2.12 Cr | ₹9.04 Cr | -₹6.12 Cr | ₹4.41 Cr | ₹3.17 Cr | -₹15.44 Cr | -₹2.8 Cr | -₹20.04 Lakh | -₹2.72 Cr | -₹2.52 Cr | ₹3.68 Cr |
| Employee Benefit Expense | ₹16.95 Cr | ₹17.45 Cr | ₹16.73 Cr | ₹15.95 Cr | ₹14.97 Cr | ₹13.95 Cr | ₹12.4 Cr | ₹9.65 Cr | ₹8.69 Cr | ₹9.74 Cr | ₹9 Cr | ₹7.63 Cr |
| Finance Costs | ₹37.59 Lakh | ₹26.34 Lakh | ₹26.49 Lakh | ₹25.08 Lakh | ₹11.68 Lakh | ₹19.82 Lakh | ₹15.96 Lakh | ₹39.03 Lakh | ₹1.2 Cr | ₹1.08 Cr | ₹1.08 Cr | ₹1.12 Cr |
| Depreciation & Amortisation | ₹2.48 Cr | ₹1.36 Cr | ₹1.35 Cr | ₹1.34 Cr | ₹1.29 Cr | ₹1.31 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.45 Cr | ₹87.88 Lakh | ₹1.1 Cr |
| Other Expenses | ₹13.14 Cr | ₹15.44 Cr | ₹15.83 Cr | ₹15.97 Cr | ₹15.78 Cr | ₹12.2 Cr | ₹11.95 Cr | ₹12.64 Cr | ₹13.76 Cr | ₹8.52 Cr | ₹9.33 Cr | ₹10.2 Cr |
| Total Expenses | ₹116.26 Cr | ₹95.55 Cr | ₹104.93 Cr | ₹102.69 Cr | ₹132.53 Cr | ₹114.31 Cr | ₹91.61 Cr | ₹78.49 Cr | ₹67.64 Cr | ₹60.31 Cr | ₹59.39 Cr | ₹55.6 Cr |
| Profit Before Exceptional Items & Tax | ₹33.71 Cr | ₹25.09 Cr | ₹22.04 Cr | ₹20.25 Cr | ₹23.29 Cr | ₹17.26 Cr | ₹14.85 Cr | ₹10.1 Cr | ₹10.03 Cr | ₹9.39 Cr | ₹8.45 Cr | ₹6.11 Cr |
| Exceptional Items | -₹44,000 | ₹0 | ₹0 | ₹4.13 Lakh | ₹82,000 | ₹0 | ₹0 | ₹0 | ₹0 | -₹2.39 Lakh | ₹0 | ₹0 |
| Profit Before Tax | ₹33.7 Cr | ₹25.09 Cr | ₹22.04 Cr | ₹20.29 Cr | ₹23.3 Cr | ₹17.26 Cr | ₹14.85 Cr | ₹10.1 Cr | ₹10.03 Cr | ₹9.36 Cr | ₹8.45 Cr | ₹6.11 Cr |
| Total Tax Expense | ₹8.53 Cr | ₹6.18 Cr | ₹5.44 Cr | ₹4.54 Cr | ₹5.61 Cr | ₹4.26 Cr | ₹3.74 Cr | ₹2.47 Cr | ₹2.63 Cr | ₹2.36 Cr | ₹1.94 Cr | ₹1.72 Cr |
| Net Profit | ₹25.17 Cr | ₹18.91 Cr | ₹16.6 Cr | ₹15.75 Cr | ₹17.69 Cr | ₹13 Cr | ₹11.11 Cr | ₹7.63 Cr | ₹7.4 Cr | ₹7 Cr | ₹6.51 Cr | ₹4.4 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | - | ₹0 | - | ₹0 | ₹0 | - |
| attributable to NCI | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | - | ₹0 | - | ₹0 | ₹0 | - |
| Other Comprehensive Income | -₹9.95 Cr | ₹2.36 Cr | -₹5.58 Lakh | ₹4.04 Cr | -₹2.28 Cr | ₹18.4 Lakh | ₹3.92 Cr | ₹2.76 Cr | ₹1.65 Cr | ₹1.86 Cr | ₹1.24 Cr | ₹2.07 Cr |
| Total Comprehensive Income | ₹15.22 Cr | ₹21.27 Cr | ₹16.55 Cr | ₹19.79 Cr | ₹15.41 Cr | ₹13.19 Cr | ₹15.03 Cr | ₹10.39 Cr | ₹9.05 Cr | ₹8.86 Cr | ₹7.76 Cr | ₹6.46 Cr |
| EBITDA (computed) | ₹36.57 Cr | ₹26.71 Cr | ₹23.65 Cr | ₹21.84 Cr | ₹24.7 Cr | ₹18.77 Cr | ₹16.31 Cr | ₹11.79 Cr | ₹12.52 Cr | ₹11.91 Cr | ₹10.4 Cr | ₹8.33 Cr |
| Basic EPS | ₹0.27 | ₹0.23 | ₹0.18 | ₹0.21 | ₹0.16 | ₹0.14 | ₹0.16 | ₹0.11 | ₹0.10 | ₹0.09 | ₹0.08 | ₹0.07 |
| Diluted EPS | ₹0.27 | ₹0.23 | ₹0.18 | ₹0.21 | ₹0.16 | ₹0.14 | ₹0.16 | ₹0.11 | ₹0.10 | ₹0.09 | ₹0.08 | ₹0.07 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Pharmaceuticals Drugs & Formulations | ₹149 Cr | ₹33.72 Cr | ₹439.76 Cr | ₹117.14 Cr |
| Trading of Commodities | ₹4.03 Lakh | -₹4.35 Lakh | ₹66.51 Lakh | ₹4.12 Lakh |
| Renting of Property | ₹92.04 Lakh | ₹40.54 Lakh | ₹93.42 Cr | ₹1.68 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Pharmaceuticals Drugs & Formulations | ₹515.73 Cr | ₹99.32 Cr | - | - |
| Trading of Commodities | ₹1.1 Cr | -₹2.63 Lakh | - | - |
| Renting of Property | ₹3.68 Cr | ₹2.98 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹486.57 Cr | ₹462.85 Cr | ₹258.36 Cr | ₹224.64 Cr |
| Other Income | ₹30.97 Cr | ₹17.19 Cr | ₹13.1 Cr | ₹14.61 Cr |
| Total Income | ₹517.54 Cr | ₹480.04 Cr | ₹271.46 Cr | ₹239.25 Cr |
| Cost of Materials Consumed | ₹220.94 Cr | ₹278.03 Cr | ₹131.53 Cr | ₹99.46 Cr |
| Purchases of Stock-in-Trade | ₹66.7 Cr | ₹39.48 Cr | ₹26.21 Cr | ₹42.61 Cr |
| Changes in Inventories | -₹3.9 Cr | -₹10.62 Cr | -₹2.18 Cr | ₹5.03 Lakh |
| Employee Benefit Expense | ₹67.09 Cr | ₹52.17 Cr | ₹35.06 Cr | ₹25.87 Cr |
| Finance Costs | ₹1.1 Cr | ₹85.02 Lakh | ₹4.45 Cr | ₹3.13 Cr |
| Depreciation & Amortisation | ₹6.53 Cr | ₹5.19 Cr | ₹4.72 Cr | ₹4.54 Cr |
| Other Expenses | ₹58.59 Cr | ₹50.29 Cr | ₹39.89 Cr | ₹37.04 Cr |
| Total Expenses | ₹417.05 Cr | ₹415.39 Cr | ₹239.68 Cr | ₹212.7 Cr |
| Profit Before Exceptional Items & Tax | ₹100.49 Cr | ₹64.65 Cr | ₹31.78 Cr | ₹26.55 Cr |
| Exceptional Items | ₹3.69 Lakh | ₹58,000 | -₹2.39 Lakh | ₹1.33 Lakh |
| Profit Before Tax | ₹100.53 Cr | ₹64.66 Cr | ₹31.76 Cr | ₹26.57 Cr |
| Total Tax Expense | ₹24.52 Cr | ₹15.79 Cr | ₹8.14 Cr | ₹6.5 Cr |
| Net Profit | ₹76.01 Cr | ₹48.87 Cr | ₹23.62 Cr | ₹20.07 Cr |
| Other Comprehensive Income | -₹3.61 Cr | ₹4.58 Cr | ₹6.81 Cr | ₹1.96 Cr |
| Total Comprehensive Income | ₹72.4 Cr | ₹53.45 Cr | ₹30.44 Cr | ₹22.03 Cr |
| EBITDA (computed) | ₹108.13 Cr | ₹70.7 Cr | ₹40.95 Cr | ₹34.22 Cr |
| Basic EPS | ₹0.81 | ₹0.57 | ₹0.32 | ₹0.24 |
| Diluted EPS | ₹0.81 | ₹0.57 | ₹0.32 | ₹0.24 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹529.26 Cr | ₹409.69 Cr | ₹391.5 Cr | ₹376.94 Cr |
| Non-current Assets | ₹203.23 Cr | ₹142.22 Cr | ₹128.86 Cr | ₹196.17 Cr |
| Current Assets | ₹326.03 Cr | ₹267.46 Cr | ₹262.64 Cr | ₹180.77 Cr |
| Property, Plant & Equipment | ₹89.77 Cr | ₹77.53 Cr | ₹72.31 Cr | ₹43.22 Cr |
| Inventories | ₹62.85 Cr | ₹41.29 Cr | ₹21.08 Cr | ₹20.77 Cr |
| Trade Receivables | ₹107.6 Cr | ₹106.94 Cr | ₹93.21 Cr | ₹75.14 Cr |
| Cash & Equivalents | ₹5.12 Cr | ₹69.23 Lakh | ₹63.35 Cr | ₹82.7 Lakh |
| Equity (Net Worth) | ₹412.3 Cr | ₹339.9 Cr | ₹286.45 Cr | ₹256.01 Cr |
| Equity Share Capital | ₹94 Cr | ₹94 Cr | ₹94 Cr | ₹94 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹68.13 Lakh | ₹4.04 Cr | ₹71.65 Cr | ₹83.18 Cr |
| Total Debt (computed) | ₹68.13 Lakh | ₹4.04 Cr | ₹71.65 Cr | ₹83.18 Cr |
| Current Liabilities | ₹101.83 Cr | ₹57.97 Cr | ₹95.05 Cr | ₹112.27 Cr |
| Total Liabilities | ₹116.96 Cr | ₹69.78 Cr | ₹105.05 Cr | ₹120.93 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹58.29 Cr | ₹23.31 Cr | -₹5.94 Cr | ₹10.5 Cr |
| Investing Cash Flow | -₹50.64 Cr | -₹18.38 Cr | ₹83.83 Cr | -₹44.97 Cr |
| Financing Cash Flow | -₹3.22 Cr | -₹67.59 Cr | -₹15.37 Cr | ₹35 Cr |
| Capital Expenditure | ₹11.67 Cr | ₹9.96 Cr | ₹8.14 Cr | ₹20.63 Cr |
| Free Cash Flow (computed) | ₹46.62 Cr | ₹13.35 Cr | -₹14.07 Cr | -₹10.14 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹2.82 Cr |
| Net Change in Cash | ₹4.43 Cr | -₹62.66 Cr | ₹62.52 Cr | ₹52.53 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹134 Cr | ₹114.59 Cr | ₹121.44 Cr | ₹116.55 Cr | ₹148.46 Cr | ₹127.03 Cr | ₹101.49 Cr | ₹86.83 Cr | ₹73.27 Cr | ₹63.34 Cr | ₹62.39 Cr | ₹59.36 Cr |
| Other Income | ₹14.23 Cr | ₹5.48 Cr | ₹5.23 Cr | ₹6.02 Cr | ₹6.9 Cr | ₹3.82 Cr | ₹4.18 Cr | ₹1.31 Cr | ₹2.87 Cr | ₹4.35 Cr | ₹4 Cr | ₹1.88 Cr |
| Total Income | ₹148.23 Cr | ₹120.07 Cr | ₹126.67 Cr | ₹122.57 Cr | ₹155.37 Cr | ₹130.85 Cr | ₹105.68 Cr | ₹88.14 Cr | ₹76.14 Cr | ₹67.69 Cr | ₹66.39 Cr | ₹61.24 Cr |
| Cost of Materials Consumed | ₹67.45 Cr | ₹47.45 Cr | ₹46.43 Cr | ₹59.61 Cr | ₹80.16 Cr | ₹76.26 Cr | ₹68.58 Cr | ₹53.03 Cr | ₹37.88 Cr | ₹37.75 Cr | ₹33.25 Cr | ₹22.65 Cr |
| Purchases of Stock-in-Trade | ₹20.15 Cr | ₹15.57 Cr | ₹15.35 Cr | ₹15.62 Cr | ₹15.68 Cr | ₹7.13 Cr | ₹12.6 Cr | ₹4.06 Cr | ₹4.89 Cr | ₹3.98 Cr | ₹8.2 Cr | ₹9.14 Cr |
| Changes in Inventories | -₹4.65 Cr | -₹2.18 Cr | ₹9.09 Cr | -₹6.16 Cr | ₹4.39 Cr | ₹3.23 Cr | -₹15.61 Cr | -₹2.63 Cr | -₹20.04 Lakh | -₹2.8 Cr | -₹3.09 Cr | ₹3.91 Cr |
| Employee Benefit Expense | ₹16.95 Cr | ₹17.45 Cr | ₹16.73 Cr | ₹15.95 Cr | ₹14.97 Cr | ₹13.95 Cr | ₹12.4 Cr | ₹9.65 Cr | ₹8.69 Cr | ₹9.74 Cr | ₹9 Cr | ₹7.63 Cr |
| Finance Costs | ₹36.71 Lakh | ₹25 Lakh | ₹25.03 Lakh | ₹23.74 Lakh | ₹8.92 Lakh | ₹21.23 Lakh | ₹16.22 Lakh | ₹38.65 Lakh | ₹1.17 Cr | ₹1.08 Cr | ₹1.08 Cr | ₹1.12 Cr |
| Depreciation & Amortisation | ₹2.48 Cr | ₹1.36 Cr | ₹1.35 Cr | ₹1.34 Cr | ₹1.29 Cr | ₹1.31 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.3 Cr | ₹1.45 Cr | ₹87.88 Lakh | ₹1.1 Cr |
| Other Expenses | ₹12.62 Cr | ₹15.12 Cr | ₹15.11 Cr | ₹15.75 Cr | ₹15.78 Cr | ₹11.86 Cr | ₹11.59 Cr | ₹12.25 Cr | ₹13.2 Cr | ₹7.88 Cr | ₹8.93 Cr | ₹9.88 Cr |
| Total Expenses | ₹115.36 Cr | ₹95.03 Cr | ₹104.31 Cr | ₹102.35 Cr | ₹132.37 Cr | ₹113.95 Cr | ₹91.02 Cr | ₹78.05 Cr | ₹66.93 Cr | ₹59.07 Cr | ₹58.25 Cr | ₹55.43 Cr |
| Profit Before Exceptional Items & Tax | ₹32.87 Cr | ₹25.05 Cr | ₹22.36 Cr | ₹20.22 Cr | ₹23 Cr | ₹16.9 Cr | ₹14.65 Cr | ₹10.1 Cr | ₹9.21 Cr | ₹8.62 Cr | ₹8.14 Cr | ₹5.81 Cr |
| Exceptional Items | -₹44,000 | ₹0 | ₹0 | ₹4.13 Lakh | ₹82,000 | ₹0 | -₹24,000 | ₹0 | ₹0 | -₹2.39 Lakh | ₹0 | ₹0 |
| Profit Before Tax | ₹32.86 Cr | ₹25.05 Cr | ₹22.36 Cr | ₹20.26 Cr | ₹23.01 Cr | ₹16.9 Cr | ₹14.65 Cr | ₹10.1 Cr | ₹9.21 Cr | ₹8.6 Cr | ₹8.14 Cr | ₹5.81 Cr |
| Total Tax Expense | ₹8.29 Cr | ₹6.18 Cr | ₹5.52 Cr | ₹4.53 Cr | ₹5.51 Cr | ₹4.11 Cr | ₹3.7 Cr | ₹2.47 Cr | ₹2.46 Cr | ₹2.18 Cr | ₹1.94 Cr | ₹1.56 Cr |
| Net Profit | ₹24.57 Cr | ₹18.86 Cr | ₹16.84 Cr | ₹15.73 Cr | ₹17.5 Cr | ₹12.79 Cr | ₹10.95 Cr | ₹7.63 Cr | ₹6.75 Cr | ₹6.42 Cr | ₹6.21 Cr | ₹4.25 Cr |
| Other Comprehensive Income | -₹9.95 Cr | ₹2.36 Cr | -₹5.58 Lakh | ₹4.04 Cr | -₹2.28 Cr | ₹18.4 Lakh | ₹3.92 Cr | ₹2.76 Cr | ₹1.65 Cr | ₹1.86 Cr | ₹1.24 Cr | ₹2.07 Cr |
| Total Comprehensive Income | ₹14.62 Cr | ₹21.23 Cr | ₹16.79 Cr | ₹19.77 Cr | ₹15.22 Cr | ₹12.98 Cr | ₹14.87 Cr | ₹10.39 Cr | ₹8.39 Cr | ₹8.28 Cr | ₹7.45 Cr | ₹6.32 Cr |
| EBITDA (computed) | ₹35.71 Cr | ₹26.66 Cr | ₹23.96 Cr | ₹21.79 Cr | ₹24.38 Cr | ₹18.42 Cr | ₹16.11 Cr | ₹11.78 Cr | ₹11.68 Cr | ₹11.15 Cr | ₹10.1 Cr | ₹8.04 Cr |
| Basic EPS | ₹0.26 | ₹0.23 | ₹0.18 | ₹0.21 | ₹0.16 | ₹0.14 | ₹0.16 | ₹0.11 | ₹0.09 | ₹0.09 | ₹0.08 | ₹0.07 |
| Diluted EPS | ₹0.26 | ₹0.23 | ₹0.18 | ₹0.21 | ₹0.16 | ₹0.14 | ₹0.16 | ₹0.11 | ₹0.09 | ₹0.09 | ₹0.08 | ₹0.07 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Pharmaceuticals Drugs & Formulations | ₹147.26 Cr | ₹32.86 Cr | ₹435.18 Cr | ₹115.23 Cr |
| Trading of Commodities | ₹4.03 Lakh | -₹4.35 Lakh | ₹66.51 Lakh | ₹4.12 Lakh |
| Renting of Property | ₹92.49 Lakh | ₹40.99 Lakh | ₹93.42 Cr | ₹1.68 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Pharmaceuticals Drugs & Formulations | ₹512.74 Cr | ₹98.66 Cr | - | - |
| Trading of Commodities | ₹1.1 Cr | -₹2.63 Lakh | - | - |
| Renting of Property | ₹3.7 Cr | ₹3 Cr | - | - |
Shareholding Pattern of Syncom Formulations (India) Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 50.57%, foreign institutional investors hold 0.21%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 49.21% of Syncom Formulations (India) Limited. The company had 431,690 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 50.57% | 50.57% | 50.57% | 50.57% | 50.57% | 50.57% |
| Public | 49.43% | 49.43% | 49.43% | 49.43% | 49.43% | 49.43% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 50.57% | 50.57% | 50.57% | 50.57% |
| Public | 49.43% | 49.43% | 49.43% | 49.43% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Syncom Formulations (India) Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Syncom Formulations (India) Limited has 6 directors - 3 independent and 3 executive. The board is chaired by Ankit Kedarmal Bankda.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Ankit Kedarmal Bankda | Executive Director · Chairperson | 2025-08-09 | 1 |
| Kedarmal Shankarlal Bankda | Executive Director | 1992-04-13 | 1 |
| Vijay Shankarlal Bankda | Executive Director · MD | 1999-12-01 | 1 |
| Ruchi Jindal | Non-Executive - Independent Director | 2022-06-28 | 1 |
| Ritesh Kumar Lunkad | Non-Executive - Independent Director | 2023-08-14 | 1 |
| Ankit Jain | Non-Executive - Independent Director | 2023-08-14 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Ankit Jain (Chairperson), Ritesh Kumar Lunkad, Ruchi Jindal |
| Nomination and remuneration committee | Ankit Jain (Chairperson), Ritesh Kumar Lunkad, Ruchi Jindal |
| Stakeholders Relationship Committee | Ankit Jain (Chairperson), Ritesh Kumar Lunkad, Ruchi Jindal |
| Risk Management Committee | Vijay Shankarlal Bankda (Chairperson), Ankit Kedarmal Bankda, Ankit Jain |
| Corporate Social Responsibility Committee | Kedarmal Shankarlal Bankda (Chairperson), Vijay Shankarlal Bankda, Ankit Jain |
Group Structure of Syncom Formulations (India) Limited
Syncom Formulations (India) Limited has 3 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Syncom Formulations (India) Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sante Biotech Private Limited | U51909MP2022PTC061915 | - |
| Synmex Pharma Private Limited | U51909MP2022PTC061919 | - |
| Vincit Biotech International Private Lim | U51909MP2022PTC061970 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Syncom Formulations (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2026 | Hdfc Bank Limited | ₹3.8 Cr | Open |
| 16 Dec 2025 | Hdfc Bank Limited | ₹40 Cr | Open |
| 01 Oct 2025 | Hdfc Bank Limited | ₹9.5 Cr | Open |
| 28 Dec 2020 | Hdfc Bank Limited | ₹100 Cr | Satisfied |
| 23 May 2002 | Dena Bank | ₹12.77 Cr | Satisfied |
Total charge records: 22 View all charges
Employees and EPFO Compliance at Syncom Formulations (India) Limited
Syncom Formulations (India) Limited has a workforce of 681 employees as of Mar 27, 2025.
Employee and EPFO history for Syncom Formulations (India) Limited
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GST Compliance of Syncom Formulations (India) Limited
GST registrations and filing compliance for Syncom Formulations (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Syncom Formulations (India) Limited
Credit ratings, litigation, and regulatory alerts for Syncom Formulations (India) Limited
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MSME Payment Delays by Syncom Formulations (India) Limited
MSME payment history for Syncom Formulations (India) Limited
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Subsidiaries & Group Companies of Syncom Formulations (India) Limited
Corporate group structure for Syncom Formulations (India) Limited
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MCA Filings & Documents of Syncom Formulations (India) Limited
MCA filings and documents for Syncom Formulations (India) Limited
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Recent Activity on Syncom Formulations (India) Limited
Recent News on Syncom Formulations (India) Limited
Frequently Asked Questions about Syncom Formulations (India) Limited
Syncom Formulations (India) Limited is an active public limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 21 June 1988 (38+ years old) and is registered under CIN L24239MH1988PLC047759. Listed on BSE: 524470. The company has 681 employees.
Syncom Formulations (India) Limited reported revenue of ₹489.17 Cr for FY 2026 (up 5.2% YoY) based on consolidated NSE filings.
The current directors of Syncom Formulations (India) Limited are:
- Vijay Shankarlal Bankda - Managing Director
- Kedarmal Shankarlal Bankda - Whole-Time Director
- Ankit Kedarmal Bankda - Whole-Time Director
- Ruchi Jindal - Director
- Ankit Jain - Director
- Ritesh Kumar Lunkad - Director
The primary industry of Syncom Formulations (India) Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Yes. Syncom Formulations (India) Limited is listed on BSE with code 524470.
Syncom Formulations (India) Limited can be reached at the registered office: 7 Niraj Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093, or through the website sfil.in.