Synergy Textiles Limited.
About Synergy Textiles Limited.
Data last updated:
Synergy Textiles Limited. is a public limited company based in New Delhi, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 11 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1999PLC101105. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.9 Cr and a paid-up capital of ₹2.81 Cr. It is led by directors including Mohit Mago and Kanwal Kumar.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 308 K C House5/66 Padam Singh Road Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.73 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.84 Lakh (net margin 34.9%) and EBITDA of ₹7.89 Lakh (EBITDA margin 47.2%).
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Synergy Textiles Limited.'s registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address308 K C House5/66 Padam Singh Road Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Synergy Textiles 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 Textiles Limited 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 Textiles Limited., buy the company report.
Financials of Synergy Textiles Limited.
FY 2019 filings availableSynergy Textiles Limited. reported revenue of ₹16.73 Lakh (up 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA rose 12% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.73 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.84 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.2% | ||||
| Net Profit Margin | 34.9% | ||||
| 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 Synergy Textiles Limited., buy the company report.
Board of directors of Synergy Textiles Limited.
Synergy Textiles Limited has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Mago | Director | 06 Aug 2014 | 12 Years 2 Months | Current |
| Kanwal Kumar Also directs: NKK Global (OPC) Private Limited | Director | 29 Aug 2015 | 11 Years 2 Months | Current |
| Anil Jain | Director | 21 Dec 2000 | 25 Years 10 Months | Current |
| Kanika Aggi Also directs: Enn Tee Textiles Private Limited, Purna Agencies Private Limited | Director | 01 Aug 2013 | 13 Years 3 Months | Current |
Auditor
Synergy Textiles Limited. is audited by N K SHEKHAWAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SHEKHAWAT & CO | FY 2019 | 015376N |
Shareholding
The shareholding of Synergy Textiles Limited. is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Synergy Textiles Limited., buy the company report.
Legal cases
Synergy Textiles Limited. has 1 court case on record: 1 filed by Synergy Textiles Limited. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Tax appeal | Filed by the company against State of Punjab and Anr. | Disposed |
To see the full case history of Synergy Textiles 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 Textiles Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synergy Textiles Limited has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synergy Textiles Limited., buy the company report.
Recent activity
Synergy Textiles Limited. has 12 board changes on record since 2000: 4 appointments and 8 cessations. The latest: Anil Jain ceased to be Director on 01 Aug 2020.
3 earlier events are in the company report.
Frequently asked questions
Synergy Textiles Limited is an active public limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 11 August 1999 (27+ years old) and is registered under CIN U74899DL1999PLC101105.
Synergy Textiles Limited has 4 current directors:
- Mohit Mago - Director
- Kanwal Kumar - Director
- Anil Jain - Director
- Kanika Aggi - Director
The latest financial statements of Synergy Textiles Limited on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
No. Synergy Textiles Limited has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Synergy Textiles Limited is U74899DL1999PLC101105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergy Textiles Limited has 1 court case on record: 1 filed by the company.
Synergy Textiles Limited was incorporated on 11 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Anil Jain ceased to be Director on 01 Aug 2020. Amit Sethi ceased to be Director on 31 Mar 2019. Kanwal Kumar ceased to be Additional Director on 26 Sep 2015. Synergy Textiles Limited has 12 board changes on record in total.
The registered office of Synergy Textiles Limited is at 308 K C House566 Padam Singh Road Karol Bagh, New Delhi, Delhi, India – 110005.
Synergy Textiles Limited operates in the home and lifestyle industry, in the textile retail and distribution segment.
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