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SYNTHITE INDUSTRIES PRIVATE LIMITED

www.synthite.com
Active
Updated: 09 Mar 2026

Synthite Industries Private Limited is a leading manufacturer in the spices and specialty ingredients industry, operating primarily in India with a growing international presence. The company specializes in the production of extracts and oils from natural spices, catering to food, beverage, and cosmetic sectors, thereby enhancing product quality and flavor while promoting health benefits.

Synthite Industries Private Limited, is an unlisted private company incorporated on 23 July, 1970. It is classified as a private limited company and is located in , Kerala. It's authorized share capital is INR 25.00 cr and the total paid-up capital is INR 1.05 cr.

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Subscription Plans
Industry and products
Manufacturing of Pharmaceuticals
  • Roasted & Fried Flavors, Dried Fruit Extract, Green Tea, Essential Oils, Green Spice Extracts, Oleoresins
Company size
Auth Capital
₹ 25.0 Cr
Paidup Capital
₹ 1.0 Cr
Revenue
₹ 2500-2750 cr
# Key metrics of Synthite Industries - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 25.0 Cr | | | Paidup Capital | ₹ 1.0 Cr | | | Revenue | ₹ 2500-2750 cr | | | Total Revenue | ₹2,672.4 | 20.42% | | EBITDA | ₹308.1 | 44.06% | | Net Profit | ₹179.4 | 39.73% | | Networth | ₹2,396.0 | 9.27% | | Borrowings | ₹608.2 | 11.41% | | Assets | ₹3,439.9 | 12.41% | | Gross Margin | 31.1% | 1.38 | | Operating Margin | 11.8% | 1.89 | | Net Profit Margin | 6.7% | 0.92 | | Return on Equity | 7.5% | 1.63 | | ROCE | 12.5% | 4.54 | | Debt to Equity | 0.2 | 0.0 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
20.42%
₹ 2,672.4
EBITDA
44.06%
₹ 308.1
Net Profit
39.73%
₹ 179.4
Networth
9.27%
₹ 2,396.0
Borrowings
11.41%
₹ 608.2
Assets
12.41%
₹ 3,439.9
Gross Margin
1.38
31.1 %
Operating Margin
1.89
11.8 %
Net Profit Margin
0.92
6.7 %
Return on Equity
1.63
7.5 %
ROCE
4.54
12.5 %
Debt to Equity
-
0.2
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (46)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Director Paolo George
Shareholder
05174645 6 years
Director Jacob Ninan
Shareholder
08759331 4 years
Director Ashok Mani
Shareholder
06846169 4 years
Managing Director Varghese Jacob
Shareholder
00030179 19 years
Whole-time Director Aju Jacob
Shareholder
00030332 19 years
Director Paolo George
Shareholder
05174645 6 years
Director Jacob Ninan
Shareholder
08759331 4 years
Director Ashok Mani
Shareholder
06846169 4 years
Managing Director Varghese Jacob
Shareholder
00030179 19 years
Whole-time Director Aju Jacob
Shareholder
00030332 19 years

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales 1,634.0 2,013.4 2,050.2 2,149.9 2,603.2
Operating profit 274.5 306.2 182.6 213.9 308.1
Net profit 196.9 264.1 275.4 128.4 179.4
Gross margin 36.2 34.9 34.5 29.8 31.1
Operating margin 16.8 15.2 8.9 9.9 11.8
Net margin 11.7 12.6 12.0 5.8 6.7
Networth 1,443.1 1,726.5 2,051.7 2,192.7 2,396.0
Borrowings 356.1 410.3 349.1 545.9 608.2
Assets 2,127.5 2,510.4 2,815.2 3,060.0 3,439.9
Debt to equity 0.2 0.2 0.2 0.2 0.2
Current ratio 2.4 2.4 2.7 2.7 2.5
ROE 13.7 15.3 13.4 5.9 7.5
Days payable 89.0 82.0 62.0 35.0 47.0
WC days 190.0 179.0 201.0 216.0 203.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 1.1 1.1 1.1 1.0 1.0
Reserves 1,442.1 1,725.4 2,050.6 2,191.6 2,394.9
Borrowings + 356.1 410.3 349.1 545.9 608.2
Long term borrowings 36.7 35.0 31.5 21.5 15.2
Short term borrowings 319.4 375.3 317.6 524.4 593.1
Trade payables + 255.4 293.4 227.0 144.5 229.6
Days payable 89.0 82.0 62.0 35.0 47.0
Other liabilities + 72.9 80.2 187.4 176.9 206.1
Other non-current liabilities 40.4 37.4 69.8 87.1 91.4
Other current liabilities 32.5 42.8 117.6 89.8 114.7
Total liabilities 2,127.5 2,510.4 2,815.2 3,060.0 3,439.9
Fixed Assets + 310.1 400.4 470.6 461.3 442.1
Tangible assets 272.9 281.3 426.9 441.4 416.0
CWIP 33.0 111.8 39.1 9.4 23.9
Intangible assets 4.3 7.4 4.6 10.5 2.2
LT loans and advances 4.3 6.3 8.7 5.1 4.9
Other non-current assets 353.6 406.9 544.0 561.9 609.4
Current assets + 1,459.5 1,696.8 1,791.8 2,031.7 2,383.6
Inventories 574.7 813.5 781.4 1,043.8 1,242.2
Trade receivables 346.2 476.3 522.8 572.9 622.7
Cash and cash equivalents 60.6 47.3 48.6 37.5 61.3
ST loans and advances 5.2 13.6 14.9 19.0 11.8
Other current assets 472.7 346.1 424.2 358.6 445.7
Total assets 2,127.5 2,510.4 2,815.2 3,060.0 3,439.9
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales + 1,634.0 2,013.4 2,050.2 2,149.9 2,603.2
Sales growth % 11.13 23.22 1.83 4.86 21.09
Expenses + 1,410.2 1,762.1 1,950.8 2,047.5 2,415.3
Cost of goods 1,042.0 1,311.5 1,342.5 1,509.8 1,792.4
Employee cost 127.2 145.2 207.5 161.9 193.2
Other costs 190.3 250.4 317.5 264.2 309.5
Operating profit + 274.5 306.2 182.6 213.9 308.1
Operating margin % 16.8 15.2 8.9 9.9 11.8
Other income 48.7 78.1 237.2 69.4 69.2
Interest 9.1 14.1 27.3 35.4 47.8
Depreciation 41.6 40.8 56.0 76.1 72.4
Exceptional items - 20.1 12.7 1.4 1.0
Profit before tax 272.5 349.5 349.2 173.2 258.1
Tax 75.6 85.5 73.8 44.8 78.7
Profit - disc. ops - - - - -
Net profit 196.9 264.1 275.4 128.4 179.4
Net margin % 11.7 12.6 12.0 5.8 6.7
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Solvency +
Total Debt/Equity 0.2 0.2 0.2 0.2 0.2
Net Debt/Equity 0.2 0.2 0.1 0.2 0.2
Total Debt/Assets 0.2 0.2 0.1 0.2 0.2
Total Assets/Equity 1.5 1.4 1.4 1.4 1.4
Liquidity +
Current Ratio 2.4 2.4 2.7 2.7 2.5
Quick Ratio 1.5 1.2 1.5 1.3 1.2
Interest Coverage 30.3 21.8 6.7 6.0 6.4
Performance
Gross Margin 36.2 34.9 34.5 29.8 31.1
Operating Margin 16.8 15.2 8.9 9.9 11.8
Net Margin 11.7 12.6 12.0 5.8 6.7
Return +
Return on Equity 13.7 15.3 13.4 5.9 7.5
Pre-tax ROCE 20.0 19.1 7.9 7.9 12.5
Return on Assets 9.3 10.5 9.8 4.2 5.2
Pre-tax ROIC 13.4 12.7 5.4 5.1 8.0
Efficiency +
Days Payable 89.0 82.0 62.0 35.0 47.0
Days Inventory 201.0 226.0 212.0 252.0 253.0
Days Receivable 77.0 86.0 93.0 97.0 87.0
Fixed Asset Turnover 5.3 5.0 4.4 4.7 5.9
Total Asset Turnover 0.8 0.8 0.7 0.7 0.8
Working Capital
Cash Conversion Cycle 189.0 230.0 243.0 314.0 293.0
Working Capital Days 190.0 179.0 201.0 216.0 203.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Union Bank of India

No. of Loans: 2

Total Amount : 267.0 cr

2

HDFC Bank Limited

No. of Loans: 2

Total Amount : 187.0 cr

3

ICICI Bank Limited

No. of Loans: 1

Total Amount : 150.0 cr

4

Standard Chartered Bank

No. of Loans: 1

Total Amount : 150.0 cr

5

The Federal Bank Limited

No. of Loans: 6

Total Amount : 138.8 cr

6

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 130.0 cr

7

CitiBank N.A.

No. of Loans: 1

Total Amount : 105.0 cr

8

DBS Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

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Charges

Union Bank of India
HDFC Bank Limited
ICICI Bank Limited
Standard Chartered Bank
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
OMEGA FLAVOUR TECHNOLOGY LIMITED
Amalgamated
4.1 Cr 1 Kerala
SYNTHITE INFRASTRUCTURE PROJECTS PRIVATE LIMITED
Active
1.0 L 1 Kerala
SIJMAK EXPORTS PRIVATE LIMITED
Active
18.1 Cr 1 Kerala
SYNTHITE PROJECTS (COCHIN) PRIVATE LIMITED
Active
1.0 L 1 Kerala
EZVA FASHION PRIVATE LIMITED
Active
1.0 Cr 1 Kerala
HERBAL ISOLATES PVT LTD
Active
10.0 L 3 Kerala
SYNTHITE EXPORTS LIMITED
Active
10.0 L 2 Kerala
ZENRIVA BRANDS PRIVATE LIMITED
Active
1.0 L 5 Kerala
PURE SPACES HOSPITALITY PRIVATE LIMITED
Active
1.0 L 5 Kerala
COCHIN INTERNATIONAL AIRPORT LIMITED
Active
478.2 Cr 1 Kerala
SIJMAK OILS LTD
Amalgamated
25.0 L 1 Kerala
CYNTEK HOLDINGS PRIVATE LIMITED
Active
2.0 L 2 Kerala
PFOODS PRIVATE LIMITED
Active
2.1 L 2 Kerala
ALGAVISTA GREENTECH PRIVATE LIMITED
Active
59.4 Cr 1 Tamil Nadu
INTERGROW BRANDS PRIVATE LIMITED
Active
72.3 Cr 2 Kerala
GUNAM BEAUTY PRIVATE LIMITED
Active
48.0 L 1 Kerala
KERALA STATE INDUSTRIAL DEVELOPMENT CORPN LTD
Active
301.2 Cr 1 Kerala
INTERGROW HOLDINGS PRIVATE LIMITED
Active
70.7 Cr 1 Kerala
SYMEGA FOOD INGREDIENTS LIMITED
Active
25.7 Cr 2 Kerala
SYMEGA FLAVOURS (INDIA) PRIVATE LIMITED
Amalgamated
3.7 Cr 1 Kerala
BOTANIAM XTRACTX LIMITED
Active
70,000.0 2 Kerala

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
PURE SPACES HOSPITALITY PRIVATE LIMITED Kerala 2024 ₹ 1.0 L
ZENRIVA BRANDS PRIVATE LIMITED Kerala 2024 ₹ 1.0 L
Synthite (USA) Inc. United States - -
Synthite (Xinxiang) Bio Tech Co. Ltd. China - -
Synthite Lanka Private Limited Sri Lanka - -
Synthite Brasil Impotacao & Exportacao Ltda Brazil - -
Sijmak Exports Private Limited India - -
Synthite Vietnam LLC Viet Nam - -
Synthite (Beijing) Bio Tech Co. Ltd. China - -
Synthite (Dezhou) Bio Tech Co. Ltd. China - -
Synthite Infrastructure Projects Private Limited India - -
Botaniam Ventures Private Limited India - -
Synthite Trading FZCO. United Arab Emirates - -
Synthite Rwanda Pvt Ltd Africa - -
Synthite Singapore PTE.LTD Singapore - -
Synthite Netherlands B.V Netherlands - -
Common Roots Extracts Inc. Canada - -
Synthite (Dezhou) Import and Export Co. Ltd. China - -
Pure Spaces Hospitality Private Limited India - -
Zenriva Brands Private Limited India - -

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • HIGH INVENTORY
  • NET MARGIN DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Akay Natural Ingredients Private Limited Kerala
Plant Lipids Private Limited Kerala
Arjuna Natural Private Limited Kerala
Mane Kancor Ingredients Private Limited Maharashtra

Peers

Registered Details

CIN

U24299KL1970PTC002294

PAN

AADCS5616E

Incorporation

1970, 55.7 years

Company Email

secretarial[at]synthite[dot]com

Paid up Capital

₹ 1.0 Cr

Authorised Capital

₹ 25.0 Cr

AGM

Sep 2025

Type

Private
Others

FAQ - SYNTHITE INDUSTRIES PRIVATE LIMITED

What is the incorporation date of SYNTHITE INDUSTRIES PRIVATE LIMITED?

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The incorporation date of SYNTHITE INDUSTRIES PRIVATE LIMITED is 23 July, 1970

What is the authorized share capital of SYNTHITE INDUSTRIES PRIVATE LIMITED?

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The authorized share capital of SYNTHITE INDUSTRIES PRIVATE LIMITED is INR ₹ 25.0 Cr.

What is the paid-up capital of SYNTHITE INDUSTRIES PRIVATE LIMITED?

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The paid-up capital of SYNTHITE INDUSTRIES PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the registered address of SYNTHITE INDUSTRIES PRIVATE LIMITED?

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The registered address of SYNTHITE INDUSTRIES PRIVATE LIMITED is Synthite Corporate House VIII 683-A Kadayirippu, Ernakulam, Kolenchery, Kerala, India, 682311 - 682311

What is the CIN number of SYNTHITE INDUSTRIES PRIVATE LIMITED?

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The CIN number of SYNTHITE INDUSTRIES PRIVATE LIMITED is U24299KL1970PTC002294.

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