MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0002249
Synsmart Rasayan Research Private Limited - chemicals and materials in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.93 Cr
▲ 13% YoY
Net loss · FY 2025
₹20.92 Lakh
Net margin -2.1%
EBITDA · FY 2025
₹1.24 Cr
EBITDA margin 12.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Open charges
₹1.13 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Synsmart Rasayan Research Private Limited
Data last updated:
Synsmart Rasayan Research Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 04 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2014PTC256838. Its GSTIN is 27AAUCS8076P1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors Sachin Suresh Narkhede and Neeta Chetan Mahajan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rh 13 Plot 85 To 97 Sect 2 Good House Keeping Chs Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.93 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹20.92 Lakh (net margin -2.1%) and EBITDA of ₹1.24 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 48% over five years.
The company is associated with 2 brands: SynSmart and Synsmart. As per MCA filings, the company has open charges of ₹1.13 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Synsmart Rasayan Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0002249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synsmart.in.
Company Details of Synsmart Rasayan Research Private Limited
CIN U73100MH2014PTC256838
Registration Number 256838
Incorporation Date 04 August 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0002249
Recognitions & Rankings of Synsmart Rasayan Research
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRh 13 Plot 85 To 97 Sect 2 Good House Keeping Chs Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryChemicals and Materials, Specialty Chemicals
Comprehensive company report
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Associated Brands with Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research operates two associated brands: SynSmart and Synsmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides chemistry services for research and scale-up projects. | synsmart.in | |
| Chemistry services including computational, medicinal, and synthetic chemistry in India and the USA. | ssrasayan.com |
Business Activity of Synsmart Rasayan Research Private Limited
The main business activity of Synsmart Rasayan Research is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Synsmart Rasayan Research Private Limited FY 2024 filings available
Synsmart Rasayan Research Private Limited reported revenue of ₹9.93 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹9.93 Cr ▲ 13%
Net loss · FY 2025
₹20.92 Lakh margin -2.1%
EBITDA · FY 2025
₹1.24 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR) of Synsmart Rasayan Research Private Limited
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 69%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 75%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 13% growth in the latest year. EBITDA rose 26% 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 of Synsmart Rasayan Research Private Limited
| 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 | ₹1.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.92 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 of Synsmart Rasayan Research Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Synsmart Rasayan Research are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Suresh Narkhede | Director | 04 Aug 2014 | 12 Years 2 Months | Current |
| Neeta Chetan Mahajan | Additional Director | 02 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thomas Baker (Chemicals) Private Limited | ₹10.13 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Alchemos Private Limited | ₹10.08 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Gurjar Chemicals Private Limited | ₹10 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Indore, Madhya Pradesh, India |
| Minal Specialities Private Limited | ₹9.95 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Sukrut Industries Private Limited | ₹9.95 Cr (FY 2025) | •••• | •••• | 5096.0% | •••• | Jalgaon, Maharashtra, India |
| Synsmart Rasayan Research Private Limited this company | ₹9.93 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Navi Mumbai, Maharashtra, India |
| VR Hydrochem Private Limited | ₹9.92 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
| Goodrich Agro Chem Private Limited | ₹9.9 Cr (FY 2024) | •••• | •••• | 920.0% | •••• | Delhi, India |
| Abalone Impex Private Limited | ₹9.89 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Canberra Chemicals Private Limited | ₹9.88 Cr (FY 2025) | •••• | •••• | 799.0% | •••• | Vadodara, Gujarat, India |
| Janico Chemicals Private Limited | ₹9.8 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Synsmart Rasayan Research by revenue in the Chemicals industry (Specialty Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research Private Limited is audited by DATTATRAY & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DATTATRAY & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Synsmart Rasayan Research Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Synsmart Rasayan Research Private Limited
Open charges
₹1.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2024 | Hdfc Bank Limited | ₹1.13 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research Private Limited has 1 court case on record: 1 filed by Synsmart Rasayan Research. All case is disposed. Status as checked on 02 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Aspen Biopharma Labs Private Limited | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Synsmart Rasayan Research Private Limited
Employment history and EPFO contributions of people linked to Synsmart Rasayan Research.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Kiran Sanjivan Tanpure ceased to be Additional Director on 02 May 2025.
Ceased
Kiran Sanjivan Tanpure ceased to be Additional Director.
Appointed
Neeta Chetan Mahajan was appointed as Additional Director.
AGM
Synsmart Rasayan Research Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Synsmart Rasayan Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 112.80 Lakh with Charge ID 100869638 was registered on 09 Feb 2024.
Appointed
Kiran Sanjivan Tanpure was appointed as Additional Director.
Ceased
Prajakta Saurabh Kapure ceased to be Director.
Ceased
Yogesh Yadav Pedgaonkar ceased to be Director.
Appointed
Sachin Suresh Narkhede was appointed as Director.
Incorporation
04 Aug 2014
Synsmart Rasayan Research Private Limited was registered on 04 Aug 2014 with Roc Mumbai & aged 12 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Synsmart Rasayan Research Private Limited
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MSME Payment Delays by Synsmart Rasayan Research Private Limited
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Subsidiaries & Group Companies of Synsmart Rasayan Research Private Limited
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GST Compliance of Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS8076P1Z1 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Synsmart Rasayan Research Private Limited
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Frequently Asked Questions about Synsmart Rasayan Research Private Limited
Synsmart Rasayan Research is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 04 August 2014 (12+ years old) and is registered under CIN U73100MH2014PTC256838.
Synsmart Rasayan Research reported revenue of ₹9.93 Cr for FY 2025 (up 13% YoY).
Synsmart Rasayan Research has 2 current directors:
- Sachin Suresh Narkhede - Director
- Neeta Chetan Mahajan - Additional Director
Synsmart Rasayan Research reported a net loss of ₹20.92 Lakh (net margin -2.1%) and EBITDA of ₹1.24 Cr (EBITDA margin 12.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Synsmart Rasayan Research is 69% over three years and 48% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Synsmart Rasayan Research is 27AAUCS8076P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Synsmart Rasayan Research is U73100MH2014PTC256838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synsmart Rasayan Research has 1 court case on record: 1 filed by the company.
Synsmart Rasayan Research was incorporated on 04 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Synsmart Rasayan Research by revenue are Thomas Baker (Chemicals) Private Limited, Alchemos Private Limited, Gurjar Chemicals Private Limited, Minal Specialities Private Limited, Sukrut Industries Private Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Kiran Sanjivan Tanpure ceased to be Additional Director on 02 May 2025. Neeta Chetan Mahajan was appointed as Additional Director on 02 May 2025. Kiran Sanjivan Tanpure was appointed as Additional Director on 24 Mar 2023. Synsmart Rasayan Research has 6 board changes on record in total.