About Syntho Chem Pvt. Ltd.
Data last updated:
Syntho Chem Pvt. Ltd. is a private limited company based in Pithampur, Madhya Pradesh, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 22 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24109MP1989PTC005632. Its GSTIN is 23AACCS7894M1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.87 Lakh. It is led by directors including Saumitra Muchhal and Nikhil Motwani.
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 353 – 354 Industrial Area Sector – I, Pithampur, Madhya Pradesh, India – 454775.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.3 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹55.37 Lakh (net margin 1.8%) and EBITDA of ₹1.56 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 18% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.24 Cr and satisfied charges of ₹7.17 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 synthochem.com.
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- Registered Address353 – 354 Industrial Area Sector – I, Pithampur, Madhya Pradesh, India – 454775
- IndustryChemicals and Materials, Organic Chemicals & Compounds
- 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
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Business Activity of Syntho Chem Pvt. Ltd.
The main business activity of Syntho Chem 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Syntho Chem Pvt. Ltd. FY 2024 filings available
Syntho Chem Pvt. Ltd. reported revenue of ₹30.3 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Syntho Chem Pvt. Ltd.
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 10% growth in the latest year. EBITDA rose 1% 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 Syntho Chem Pvt. Ltd.
| 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 | ₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.37 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 Syntho Chem Pvt. Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Syntho Chem are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Syntho Chem Pvt. Ltd.
Syntho Chem Pvt. Ltd. is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals, Organic 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 |
|---|---|---|---|---|---|---|
| Versatile Specialty Chemicals Limited | ₹30.55 Cr (FY 2024) | •••• | •••• | 388.0% | •••• | Dhule, Maharashtra, India |
| Gargi Chemicals Private Limited | ₹30.54 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| TCM Limited Listed | ₹30.48 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kochi, Kerala, India |
| SKS Finechem Private Limited | ₹30.34 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Palghar, Maharashtra, India |
| Heni Drugs Pvt Ltd | ₹30.33 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Syntho Chem Pvt. Ltd. this company | ₹30.3 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Pithampur, Madhya Pradesh, India |
| Bhalla Chemical Works Private Limited | ₹30.28 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Jaimurty Minerals and Chemicals Private Limited | ₹30.25 Cr (FY 2016) | •••• | •••• | -13.0% | •••• | Uttarakhand, India |
| Bombay Chemicals Private Limited | ₹30.2 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| City Ceramics Private Limited | ₹30.18 Cr (FY 2024) | •••• | •••• | •••• | Thruchirapalli, Tamil Nadu, India | |
| Stypack Polyfoams Private Limited | ₹30.18 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Syntho Chem by revenue in the Chemicals industry (Industrial Chemicals, Organic 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 Syntho Chem Pvt. Ltd.
Syntho Chem Pvt. Ltd. is audited by ATUL KULKARNI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ATUL KULKARNI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Syntho Chem Pvt. Ltd.
Syntho Chem has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saumitra Muchhal | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Nikhil Motwani | Director | 14 Jun 2021 | 5 Years 3 Months | Current |
| Rajendra Muchhal Also directs: DKJ Corporate and Finance Services Pvt Ltd | Director | 01 Sep 2004 | 22 Years 1 Months | Current |
| Manish Motwani | Director | 14 Jun 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Syntho Chem Pvt. Ltd.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Syntho Chem Pvt. Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2025 | Others | ₹32 Lakh | Open |
| 19 Jun 2024 | Axis Bank Limited | ₹35 Lakh | Open |
| 23 Nov 2023 | Sidbi | ₹2.82 Cr | Open |
| 27 Oct 2023 | Others | ₹7.75 Cr | Open |
| 04 Jul 2022 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Syntho Chem Pvt. Ltd.
Syntho Chem Pvt. Ltd. has a workforce of 21 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Syntho Chem Pvt. Ltd.
Syntho Chem Pvt. Ltd. has 11 board changes on record since 2004: 4 appointments and 7 cessations. The latest: Manish Motwani ceased to be Additional Director on 30 Nov 2021.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Syntho Chem Pvt. Ltd.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Syntho Chem Pvt. Ltd.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Syntho Chem Pvt. Ltd.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Syntho Chem Pvt. Ltd.
Syntho Chem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCS7894M1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Syntho Chem Pvt. Ltd.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Syntho Chem Pvt. Ltd.
Syntho Chem is an active private limited company based in Pithampur, Madhya Pradesh, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 22 December 1989 (37+ years old) and is registered under CIN U24109MP1989PTC005632.
Syntho Chem reported revenue of ₹30.3 Cr for FY 2024 (up 10% YoY).
Syntho Chem has 4 current directors:
- Saumitra Muchhal - Director
- Nikhil Motwani - Director
- Rajendra Muchhal - Director
- Manish Motwani - Director
Syntho Chem reported a net profit of ₹55.37 Lakh (net margin 1.8%) and EBITDA of ₹1.56 Cr (EBITDA margin 5.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Syntho Chem is 45% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Syntho Chem is 23AACCS7894M1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Syntho Chem is U24109MP1989PTC005632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syntho Chem was incorporated on 22 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Syntho Chem by revenue are Versatile Specialty Chemicals Limited, Gargi Chemicals Private Limited, TCM Limited, SKS Finechem Private Limited, Heni Drugs Pvt Ltd and 5 more, all in the Chemicals industry (Industrial Chemicals, Organic Chemicals).
Manish Motwani ceased to be Additional Director on 30 Nov 2021. Nikhil Motwani ceased to be Additional Director on 30 Nov 2021. Manish Motwani was appointed as Director on 14 Jun 2021. Syntho Chem has 11 board changes on record in total.
Syntho Chem can be reached through the website synthochem.com. Its registered office is in Pithampur, Madhya Pradesh, India.