
Synthraz Paints Private Limited
About Synthraz Paints Private Limited
Data last updated:
Synthraz Paints Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 April 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24222MH1978PTC020306. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mandar Ajit Gholkar and Mallika Sachin Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shed No W – 124M I D C Manpada Road Dombivli (East), Thane, Maharashtra, India – 421204.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.02 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹14,140 (net margin 4.7%) and EBITDA of ₹19,808 (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Synthraz Paints Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShed No W – 124M I D C Manpada Road Dombivli (East), Thane, Maharashtra, India – 421204
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Synthraz Paints 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 Synthraz Paints 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 Synthraz Paints Private Limited, buy the company report.
Financials of Synthraz Paints Private Limited
FY 2021 filings availableSynthraz Paints Private Limited reported revenue of ₹3.02 Lakh (down 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 6% fall in the latest year. EBITDA fell 23% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹19,808 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14,140 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Synthraz Paints Private Limited, buy the company report.
Board of directors of Synthraz Paints Private Limited
Synthraz Paints has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandar Ajit Gholkar | Director | 06 Jul 1996 | 30 Years 4 Months | Current |
| Mallika Sachin Shah Also directs: Malika Super Coat Private Limited | Director | 16 Aug 1999 | 27 Years 2 Months | Current |
Auditor
Synthraz Paints Private Limited is audited by SHRIPADVASUDEV VASUDHAKULKARNI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIPADVASUDEV VASUDHAKULKARNI | FY 2017 | 117727 |
Shareholding
The shareholding of Synthraz Paints Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Synthraz Paints Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Synthraz Paints Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synthraz Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synthraz Paints has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synthraz Paints Private Limited, buy the company report.
Recent activity
Synthraz Paints Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Mallika Sachin Shah was appointed as Director on 16 Aug 1999.
Frequently asked questions
Synthraz Paints is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 April 1978 (48+ years old) and is registered under CIN U24222MH1978PTC020306.
Synthraz Paints has 2 current directors:
- Mandar Ajit Gholkar - Director
- Mallika Sachin Shah - Director
The latest financial statements of Synthraz Paints on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Synthraz Paints has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Synthraz Paints is U24222MH1978PTC020306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synthraz Paints was incorporated on 26 April 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
Mallika Sachin Shah was appointed as Director on 16 Aug 1999. Mandar Ajit Gholkar was appointed as Director on 06 Jul 1996.
The registered office of Synthraz Paints is at Shed No W – 124M I D C Manpada Road Dombivli East, Thane, Maharashtra, India – 421204.
Synthraz Paints operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
The compliance status of Synthraz Paints is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.

