Vakharia Synthetics Private Limited
About Vakharia Synthetics Private Limited
Data last updated:
Vakharia Synthetics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 April 1990.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH1990PTC056283. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.01 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 67 Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.62 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.88 Lakh (net margin 36.6%) and EBITDA of ₹7 Lakh (EBITDA margin 65.9%). Revenue has grown at a compounded annual rate (CAGR) of 261% over three years.
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.
Company details
Contact details
Vakharia Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address67 Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Vakharia Synthetics 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
Financials of Vakharia Synthetics Private Limited
FY 2019 filings availableVakharia Synthetics Private Limited reported revenue of ₹10.62 Lakh (up 652% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 261% over three years, including 652% growth in the latest year. EBITDA rose 465% 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 | ₹10.62 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.88 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.9% | ||||
| Net Profit Margin | 36.6% | ||||
| 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 Vakharia Synthetics Private Limited, buy the company report.
Board of directors of Vakharia Synthetics Private Limited
Vakharia Synthetics has 3 former directors on record and no current directors listed.
Peer comparison
Vakharia Synthetics Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Milage Vyapaar Pvt Ltd | ₹10.68 Lakh (FY 2025) | 1.0% | Chennai, Tamil Nadu, India | |||
| Indo Texcrafts Pvt Ltd | ₹10.67 Lakh (FY 2025) | Delhi, India | ||||
| Superabhi International Private Limited | ₹10.67 Lakh (FY 2024) | -35.0% | Ballabgarh, Haryana, India | |||
| Janki Vintrade Private Limited | ₹10.65 Lakh (FY 2024) | -38.0% | Kolkata, West Bengal, India | |||
| M. Makharia Syntex Private Limited | ₹10.63 Lakh (FY 2025) | 14.0% | Surat, Gujarat, India | |||
| Vakharia Synthetics Private Limitedthis company | ₹10.62 Lakh (FY 2019) | ₹3.88 Lakh | 36.6% | 652.0% | Mumbai, Maharashtra, India | |
| Dhanshree Dealer Private Limited | ₹10.62 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Srimanta Bazaar Private Limited | ₹10.61 Lakh (FY 2021) | 585.0% | Pune, Maharashtra, India | |||
| Lavanya Trade-Link Private Limited | ₹10.6 Lakh (FY 2025) | -62.0% | Kolkata, West Bengal, India | |||
| Aksn Textiles Private Limited | ₹10.58 Lakh (FY 2025) | 25.0% | Delhi, India | |||
| Salty Realties Private Limited | ₹10.58 Lakh (FY 2025) | 33.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vakharia Synthetics Private Limited, buy the company report.
Auditor
Vakharia Synthetics Private Limited is audited by K S MAHESHWARI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S MAHESHWARI & CO | FY 2019 | 105846W |
Shareholding
The shareholding of Vakharia Synthetics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vakharia Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 1992 | 90166172 | India Ovesaeal Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Vakharia Synthetics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vakharia Synthetics 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 Vakharia Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vakharia Synthetics 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 Vakharia Synthetics Private Limited, buy the company report.
Recent activity
Vakharia Synthetics Private Limited has 3 board changes on record since 2012: 0 appointments and 3 cessations. The latest: Jitendra Kantilal Vakharia ceased to be Director on 12 Feb 2020.
Frequently asked questions
Vakharia Synthetics has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Vakharia Synthetics was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 April 1990 and is registered under CIN U17111MH1990PTC056283. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Vakharia Synthetics is U17111MH1990PTC056283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vakharia Synthetics was incorporated on 23 April 1990. It is registered with the Registrar of Companies, Mumbai.
The registered office of Vakharia Synthetics is at 67 Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Vakharia Synthetics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Vakharia Synthetics has 1 GST registration on record and it is cancelled or inactive.
Vakharia Synthetics operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Vakharia Synthetics by revenue are Milage Vyapaar Pvt Ltd, Indo Texcrafts Pvt Ltd, Superabhi International Private Limited, Janki Vintrade Private Limited, M. Makharia Syntex Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Jitendra Kantilal Vakharia ceased to be Director on 12 Feb 2020. Varsha Jitendra Vakharia ceased to be Director on 12 Feb 2020. Kantilal Vajeshakar Vakharia ceased to be Director on 03 Jul 2012.
Vakharia Synthetics has no open charges and satisfied charges of ₹10 Lakh as per latest MCA filings.
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