- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0050513

About Synergia Life Sciences Private Limited
Data last updated:
Synergia Life Sciences Private Limited is a private limited company based in Wada, Maharashtra, India, a subsidiary of Novozymes A/S. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 29 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH2004PTC145390. Its GSTIN is 27AAICS0736Q1ZS (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3.93 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors including Manish Kumar Mittal and Krishnamohan Puvvada.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wada, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹201.39 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹71.93 Cr (net margin 35.7%) and EBITDA of ₹101.53 Cr (EBITDA margin 50.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company has about 119 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Synergia Life Sciences. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹10.3 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Synergia Life Sciences Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0050513). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synergialifesciences.com.
Company details
CIN history
Synergia Life Sciences has one previous CIN (Corporate Identification Number): U24230MH2004PTC145390. The current CIN is U15100MH2004PTC145390, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100MH2004PTC145390 | Current |
| U24230MH2004PTC145390 | Previous |
Recognitions & Rankings of Synergia Life Sciences
Contact details
Synergia Life Sciences Private Limited's registered office is in Wada, Maharashtra. Its website is synergialifesciences.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGut No./S. No. 65 H. No. 2 Paiki, Village – Gatesh Budruk Saja Kone, Wada, Maharashtra, India – 421303
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Synergia Life Sciences Private 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
Synergia Life Sciences operates one associated brand: Synergia Life Sciences. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nutritional supplements are manufactured by Synergia Life Sciences. | synergialifesciences.com |
Business activity
The main business activity of Synergia Life Sciences is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Synergia Life Sciences Private Limited, buy the company report.
Financials of Synergia Life Sciences Private Limited
FY 2024 filings availableSynergia Life Sciences Private Limited reported revenue of ₹201.39 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹101.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.93 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.4% | ||||
| Net Profit Margin | 35.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Synergia Life Sciences Private Limited, buy the company report.
Board of directors of Synergia Life Sciences Private Limited
Synergia Life Sciences has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kumar Mittal Also directs: Growsteep Consulting LLP, Novozymes South Asia Private Limited | Nominee Director | 09 Dec 2021 | 4 Years 10 Months | Current |
| Krishnamohan Puvvada | Nominee Director | 09 Dec 2021 | 4 Years 10 Months | Current |
| Sanjay Ajabrao Soor | Nominee Director | 09 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Synergia Life Sciences Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Topnotch Chemicals Pvt Ltd | ₹201.92 Cr (FY 2024) | -14.0% | Navi Mumbai, Maharashtra, India | |||
| Finecure Pharmaceuticals Limited | ₹201.85 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Astral Steritech Private Limited | ₹201.59 Cr (FY 2022) | -36.0% | Vadodara, Gujarat, India | |||
| Synergia Life Sciences Private Limitedthis company | ₹201.39 Cr (FY 2024) | ₹71.93 Cr | 35.7% | -22.0% | 119 | Wada, Maharashtra, India |
| Precise Biopharma Private Limited | ₹200.73 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Unique Biotech Limited | ₹198.58 Cr (FY 2024) | 16.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Synergia Life Sciences Private Limited, buy the company report.
Auditor
Synergia Life Sciences Private Limited is audited by BSR & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Synergia Life Sciences 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 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 Synergia Life Sciences Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2019 | 100299540 | Others | ₹2 Cr | Open | |
| 18 Oct 2019 | 100297724 | Others | ₹50 Lakh | Open | |
| 18 Oct 2019 | 100298584 | Others | ₹50 Lakh | Open | |
| 18 Sep 2006 | 10074530 | Bank of Baroda | ₹4.3 Cr | Satisfied | |
| 18 Sep 2006 | 10074558 | Bank of Baroda | ₹4 Cr | Satisfied |
To see the full charge records of Synergia Life Sciences Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Synergia Life Sciences Private Limited has 2 court cases on record: 1 filed by Synergia Life Sciences, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Mighty Constructions Pvt. Ltd. and 2 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Synergia Life Sciences Private 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
Synergia Life Sciences Private Limited was last rated by Crisil on 31 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Jul 2021 |
To see the full credit ratings and regulatory alerts of Synergia Life Sciences Private Limited, buy the company report.
MSME payment delays
Synergia Life Sciences Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 103 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 103)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hygienic Air Systems Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Prorama Biosciences LLP |
To see the full MSME payment records of Synergia Life Sciences Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Synergia Life Sciences has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Riata Life Sciences Private Limited | U15100MH2013PTC402612 |
To see the full group structure of Synergia Life Sciences Private Limited, buy the company report.
Employees & EPFO
Synergia Life Sciences Private Limited has a workforce of 119 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Synergia Life Sciences has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS0736Q1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AAICS0736Q2ZR | Maharashtra | Active | 09 May 2025 |
| 24AAICS0736Q1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synergia Life Sciences Private Limited, buy the company report.
Recent activity
Synergia Life Sciences Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Ashit Harshad Vora ceased to be Director on 10 May 2024.
18 earlier events are in the company report.
Frequently asked questions
Synergia Life Sciences is an active private limited company based in Wada, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 29 March 2004 (22+ years old) and is registered under CIN U15100MH2004PTC145390.
Synergia Life Sciences has 3 current directors:
- Manish Kumar Mittal - Nominee Director
- Krishnamohan Puvvada - Nominee Director
- Sanjay Ajabrao Soor - Nominee Director
The latest financial statements of Synergia Life Sciences on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Synergia Life Sciences is 27AAICS0736Q1ZS, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAICS0736Q2ZR (Maharashtra), 24AAICS0736Q1ZY (Gujarat).
The CIN (Corporate Identification Number) of Synergia Life Sciences is U15100MH2004PTC145390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergia Life Sciences has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Synergia Life Sciences was incorporated on 29 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Synergia Life Sciences by revenue are Topnotch Chemicals Pvt Ltd, Finecure Pharmaceuticals Limited, Astral Steritech Private Limited, Precise Biopharma Private Limited, Unique Biotech Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ashit Harshad Vora ceased to be Director on 10 May 2024. Dilip Sukhlal Mehta ceased to be Director on 10 May 2024. Anirudh Dilip Mehta ceased to be Director on 09 Dec 2021. Synergia Life Sciences has 13 board changes on record in total.
Yes, Synergia Life Sciences is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0050513).
Synergia Life Sciences has 11 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 103 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Synergia Life Sciences can be reached through the website synergialifesciences.com. Its registered office is in Wada, Maharashtra, India.