Synergy Diagnostics Private Limited
About Synergy Diagnostics Private Limited
Data last updated:
Synergy Diagnostics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 19 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85195MH2000PTC129252. Its GSTIN is 09AAECS9451N1ZM (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Madhavi Sanjay Bawsay (Managing Director) and Sanjay Prabhakar Bawsay.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 127 – 128 Laxmi Market 1st Floor Vartak Nagar, Thane, Maharashtra, India – 400606.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.26 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹15.42 Cr (net margin -362.3%) and EBITDA of -₹10.75 Cr (EBITDA margin -252.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹88.75 Cr and satisfied charges of ₹42.62 Cr on record. Court records list 24 cases involving the company, including 6 filed by the company and 18 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Synergy Diagnostics Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address127 – 128 Laxmi Market 1st Floor Vartak Nagar, Thane, Maharashtra, India – 400606
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Synergy Diagnostics 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
Business activity
The main business activity of Synergy Diagnostics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Synergy Diagnostics Private Limited, buy the company report.
Financials of Synergy Diagnostics Private Limited
FY 2018 filings availableSynergy Diagnostics Private Limited reported revenue of ₹4.26 Cr (down 72% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 72% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 310% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4.26 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹10.75 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹15.42 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -252.6% | |||
| Net Profit Margin | -362.3% | |||
| 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 Synergy Diagnostics Private Limited, buy the company report.
Board of directors of Synergy Diagnostics Private Limited
Synergy Diagnostics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Prabhakar Bawsay | Director | 19 Oct 2000 | 26 Years 0 Months | Current |
| Madhavi Sanjay Bawsay | Managing Director | 29 Jan 2001 | 25 Years 8 Months | Current |
| Subodh Sanjay Bawsay Also directs: Jaylen Health Corp LLP, Freaco Wellness LLP, Curamend Healthcare Private Limited and 2 more | Additional Director | 22 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Synergy Diagnostics Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reticine Pharmaids Limited | ₹4.74 Cr (FY 2025) | 64.0% | Chandigarh, India | |||
| Inhalation Health Private Limited | ₹4.72 Cr (FY 2025) | 109.0% | Mumbai, Maharashtra, India | |||
| Axodin Pharmaceuticals Private Limited | ₹4.72 Cr (FY 2025) | 7.0% | Ambala, Haryana, India | |||
| Glivita Pharma Private Limited | ₹4.7 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Bis Marck Pharmaceuticals Private Limited | ₹4.68 Cr (FY 2025) | 28.0% | Rajkot, Gujarat, India | |||
| Batra Businesses Private Limited | ₹4.67 Cr (FY 2025) | 47.0% | Jaipur, Rajasthan, India | |||
| Synergy Diagnostics Private Limitedthis company | ₹4.26 Cr (FY 2018) | -₹15.42 Cr | -362.3% | -72.0% | Thane, Maharashtra, India |
To see the full peer comparison of Synergy Diagnostics Private Limited, buy the company report.
Auditor
Synergy Diagnostics Private Limited is audited by SHARMA NILESH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA NILESH & ASSOCIATES | FY 2018 | 135163W |
Shareholding
The shareholding of Synergy Diagnostics Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Synergy Diagnostics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2013 | 10451091 | Fullerton India Credit Company Limited | ₹7.5 Cr | Open | |
| 18 Jan 2010 | 10200457 | Bank of India | ₹40.5 Cr | Open | |
| 17 Dec 2009 | 10198244 | Bank of India | ₹40.5 Cr | Open | |
| 08 Sep 2003 | 90155403 | Ratnakar Bank Ltd | ₹25 Lakh | Open | |
| 03 Sep 2013 | 10451092 | Fullerton India Credit Company Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Synergy Diagnostics Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Synergy Diagnostics Private Limited has 24 court cases on record: 6 filed by Synergy Diagnostics, 18 filed against it. 3 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 2 |
| High courts | 9 | 5 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Omkara Assets Reconstruction Pvt Ltd | Disposed |
| District court, Nagpur, Maharashtra | Court case (Cri.Appeal) | Filed by the company against M/S. Household Pharmaceuticals Through Deepak Arjundas Kukreja | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-1, Thane | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Criminal miscellaneous application | Filed by the company against M/S. Household Pharmaceuticals Through Deepak Arjundas Kukreja | Disposed |
To see the full case history of Synergy Diagnostics 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synergy Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Synergy Diagnostics has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vacc-Syn Biotech Private Limited | U24230MH2007PTC172190 |
To see the full group structure of Synergy Diagnostics Private Limited, buy the company report.
GST
Synergy Diagnostics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECS9451N1ZM | Uttar Pradesh | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Synergy Diagnostics Private Limited, buy the company report.
Recent activity
Synergy Diagnostics Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Subodh Sanjay Bawsay was appointed as Additional Director on 22 Sep 2021.
33 earlier events are in the company report.
Frequently asked questions
Synergy Diagnostics is an active private limited company based in Thane, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 19 October 2000 (26+ years old) and is registered under CIN U85195MH2000PTC129252.
Synergy Diagnostics has 3 current directors:
- Madhavi Sanjay Bawsay - Managing Director
- Sanjay Prabhakar Bawsay - Director
- Subodh Sanjay Bawsay - Additional Director
The latest financial statements of Synergy Diagnostics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Synergy Diagnostics is 09AAECS9451N1ZM, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Synergy Diagnostics is U85195MH2000PTC129252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Diagnostics has 24 court cases on record: 6 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.
Synergy Diagnostics was incorporated on 19 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Synergy Diagnostics by revenue are Reticine Pharmaids Limited, Inhalation Health Private Limited, Axodin Pharmaceuticals Private Limited, Glivita Pharma Private Limited, Bis Marck Pharmaceuticals Private Limited and 1 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Subodh Sanjay Bawsay was appointed as Additional Director on 22 Sep 2021. Madhavi Sanjay Bawsay was appointed as Managing Director on 29 Jan 2001. Sanjay Prabhakar Bawsay was appointed as Director on 19 Oct 2000.
The registered office of Synergy Diagnostics is at 127 – 128 Laxmi Market 1st Floor Vartak Nagar, Thane, Maharashtra, India – 400606.
Synergy Diagnostics operates in the pharma industry, in the pharmaceutical retailers and distributors segment.