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Garware Synthetics Limited
Garware Synthetics Limited, formed in 1969, has been in existence for 5. Corporate ID: L99999MH1969PLC014371, registered with number 14371. The organization is recorded as company limited by shares under Indian company law. The company’s authorized capital value is ₹10.00 crore. Paid-up capital for the company equals ₹5.81 crore.
Its principal business sector is extra territorial organizations and bodies. Garware Synthetics Limited is officially registered in Mumbai. Garware Synthetics Limited’s registered office is at Manish Textiles Industrial Premises Opposite Golden Chemical, Penkar Pada, Thane, Mira Road, Maharashtra, India, 401104. It is officially listed as an active business entity. Garware Synthetics Limited can be contacted at garware.synthetic@gmail.com. At the helm are Dinesh Balu Gurav (CFO).
Company Overview
- CIN
- Date of Incorporation
- 01/09/1969
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹10,00,00,000.00
- Paid up Capital
- ₹5,80,89,000.00
- Activity
- EXTRA TERRITORIAL ORGANIZATIONS AND BODIES
- garware.synthetic@gmail.com
- PAN
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE340D01016 | GARWARE SYNTHETICS LIMITED EQ | - | 12/10/2026 | GARWARE SYNTHE/SH VTG | ESVUFN |
| IN8340D01015 | GARWARE SYNTHETICS LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | GARWARE SYNTHE/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Net PPE | ₹1,119.64L | ₹1,143.18L | ₹1,183.93L | ₹1,227.76L |
| Net Debt | ₹543.81L | ₹511.77L | ₹516.59L | ₹572.36L |
| Gross PPE | ₹1,698.70L | ₹1,678.33L | ₹1,675.12L | ₹1,674.95L |
| Inventory | ₹81.86L | ₹86.63L | ₹87.03L | ₹88.90L |
| Total Debt | ₹608.99L | ₹620.88L | ₹669.96L | ₹754.75L |
| Common Stock | ₹580.89L | ₹580.89L | ₹580.89L | ₹580.89L |
| Current Debt | ₹531.63L | ₹516.16L | ₹523.47L | ₹571.81L |
| Share Issued | ₹58.09L | ₹58.09L | ₹58.09L | ₹58.09L |
| Total Assets | ₹1,389.47L | ₹1,427.33L | ₹1,452.29L | ₹1,532.54L |
| Capital Stock | ₹580.89L | ₹580.89L | ₹580.89L | ₹580.89L |
| Long Term Debt | ₹15.44L | ₹5.93L | ₹15.54L | ₹24.49L |
| Current Assets | ₹209.24L | ₹240.68L | ₹236.65L | ₹259.92L |
| Working Capital | -₹1,211.47L | -₹1,227.54L | -₹644.13L | -₹660.06L |
| Invested Capital | ₹393.79L | ₹325.41L | ₹330.99L | ₹399.59L |
| Other Properties | ₹465.88L | ₹465.26L | ₹464.30L | ₹464.31L |
| Retained Earnings | -₹1,867.87L | -₹1,911.27L | -₹1,922.61L | -₹1,911.30L |
| Common Stock Equity | -₹153.28L | -₹196.68L | -₹208.02L | -₹196.71L |
| Net Tangible Assets | -₹153.28L | -₹196.68L | -₹208.02L | -₹196.71L |
| Tangible Book Value | -₹153.28L | -₹196.68L | -₹208.02L | -₹196.71L |
| Current Liabilities | ₹1,420.71L | ₹1,468.22L | ₹880.78L | ₹919.98L |
| Long Term Provisions | ₹77.20L | ₹87.45L | ₹92.54L | ₹81.33L |
| Stockholders Equity | -₹153.28L | -₹196.68L | -₹208.02L | -₹196.71L |
| Other Equity Interest | -₹734.17L | -₹777.57L | -₹788.91L | -₹777.59L |
| Total Capitalization | -₹137.84L | -₹190.75L | -₹192.48L | -₹172.22L |
| Ordinary Shares Number | ₹58.09L | ₹58.09L | ₹58.09L | ₹58.09L |
| Other Non Current Assets | ₹42.18L | ₹26.55L | ₹14.67L | ₹22.55L |
| Total Non Current Assets | ₹1,180.23L | ₹1,186.64L | ₹1,215.64L | ₹1,272.87L |
| Cash And Cash Equivalents | ₹3.26L | ₹10.32L | ₹22.42L | ₹23.94L |
| Accumulated Depreciation | -₹579.06L | -₹535.15L | -₹491.19L | -₹447.19L |
| Additional Paid In Capital | ₹251.32L | ₹251.32L | ₹251.32L | ₹251.32L |
| Other Non Current Liabilities | ₹0.02L | ₹0.52L | ₹572.50L | ₹0.49L |
| Machinery Furniture Equipment | ₹151.62L | ₹131.87L | ₹129.62L | ₹129.44L |
| Total Equity Gross Minority Interest | -₹153.28L | -₹196.68L | -₹208.02L | -₹196.71L |
| Total Liabilities Net Minority Interest | ₹1,542.75L | ₹1,624.01L | ₹1,660.31L | ₹1,729.25L |
| Current Debt And Capital Lease Obligation | ₹564.67L | ₹553.04L | ₹555.47L | ₹599.31L |
| Long Term Debt And Capital Lease Obligation | ₹44.32L | ₹67.84L | ₹114.49L | ₹155.44L |
| Cash Cash Equivalents And Short Term Investments | ₹3.26L | ₹10.32L | ₹22.42L | ₹23.94L |
| Total Non Current Liabilities Net Minority Interest | ₹122.04L | ₹155.79L | ₹779.53L | ₹809.27L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Free Cash Flow | -₹62.66L | ₹0.83L | ₹38.49L | ₹56.89L |
| Changes In Cash | -₹7.07L | -₹12.10L | -₹1.53L | ₹10.78L |
| End Cash Position | ₹3.26L | ₹10.32L | ₹22.42L | ₹23.94L |
| Financing Cash Flow | ₹27.47L | -₹12.93L | -₹40.02L | -₹46.11L |
| Investing Cash Flow | -₹22.59L | -₹3.33L | -₹0.18L | -₹0.29L |
| Operating Cash Flow | -₹11.95L | ₹4.16L | ₹38.67L | ₹57.18L |
| Capital Expenditure | -₹50.71L | -₹3.33L | -₹0.18L | -₹0.29L |
| Beginning Cash Position | ₹10.32L | ₹22.42L | ₹23.94L | ₹13.15L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | ₹0.00L | ₹0.01L | ₹0.01L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹50.99L | ₹17.89L | ₹22.39L | ₹68.21L |
| EBITDA | ₹94.90L | ₹61.86L | ₹66.39L | ₹115.11L |
| Basic EPS | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Net Income | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
| Diluted EPS | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Gross Profit | ₹531.63L | ₹459.05L | ₹493.39L | ₹472.83L |
| Pretax Income | ₹41.62L | ₹6.76L | -₹14.42L | ₹35.29L |
| Tax Provision | ₹5.39L | ₹5.46L | -₹9.65L | -₹22.53L |
| Total Revenue | ₹1,033.92L | ₹1,072.99L | ₹1,069.99L | ₹1,140.06L |
| Cost Of Revenue | ₹502.29L | ₹613.94L | ₹576.60L | ₹667.23L |
| Total Expenses | ₹981.45L | ₹1,111.71L | ₹1,077.02L | ₹1,131.20L |
| Interest Income | ₹0.73L | ₹1.82L | ₹0.93L | ₹5.68L |
| Interest Expense | ₹9.37L | ₹11.13L | ₹36.81L | ₹32.92L |
| Operating Income | ₹52.47L | -₹38.72L | -₹7.03L | ₹8.86L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹97.86L | ₹34.12L | ₹38.89L | ₹93.13L |
| Normalized Income | ₹38.80L | -₹18.12L | -₹24.02L | ₹42.43L |
| Operating Expense | ₹479.16L | ₹497.77L | ₹500.42L | ₹463.97L |
| Operating Revenue | ₹1,033.92L | ₹1,072.99L | ₹1,069.99L | ₹1,140.06L |
| Net Interest Income | -₹8.64L | -₹9.31L | -₹35.88L | -₹27.24L |
| Total Unusual Items | -₹2.96L | ₹27.74L | ₹27.50L | ₹21.98L |
| Basic Average Shares | ₹58.09L | ₹58.09L | ₹58.09L | ₹58.09L |
| Diluted Average Shares | ₹58.09L | ₹58.09L | ₹58.09L | ₹58.09L |
| Other Operating Expenses | ₹142.37L | ₹176.83L | ₹174.51L | ₹156.40L |
| Reconciled Depreciation | ₹43.91L | ₹43.97L | ₹44.00L | ₹46.90L |
| Reconciled Cost Of Revenue | ₹502.29L | ₹613.94L | ₹576.60L | ₹667.23L |
| Rent Expense Supplemental | ₹0.39L | ₹0.39L | ₹0.39L | ₹0.23L |
| Tax Effect Of Unusual Items | -₹0.38L | ₹8.32L | ₹8.25L | ₹6.59L |
| Interest Income Non Operating | ₹0.73L | ₹1.82L | ₹0.93L | ₹5.68L |
| Selling And Marketing Expense | ₹36.46L | ₹34.41L | ₹39.84L | ₹36.89L |
| Interest Expense Non Operating | ₹9.37L | ₹11.13L | ₹36.81L | ₹32.92L |
| Net Income Common Stockholders | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
| Net Income Continuous Operations | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
| Diluted NIAvailto Com Stockholders | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
| General And Administrative Expense | ₹18.48L | ₹14.69L | ₹21.18L | ₹21.77L |
| Selling General And Administration | ₹54.94L | ₹49.10L | ₹61.02L | ₹58.66L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹2.96L | ₹27.74L | ₹27.50L | ₹21.98L |
| Net Non Operating Interest Income Expense | -₹8.64L | -₹9.31L | -₹35.88L | -₹27.24L |
| Net Income Including Noncontrolling Interests | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
| Net Income From Continuing And Discontinued Operation | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
| Net Income From Continuing Operation Net Minority Interest | ₹36.22L | ₹1.30L | -₹4.77L | ₹57.82L |
Company Performance (FY23–FY26)
₹11.4 Cr₹8.6 Cr₹5.7 Cr₹2.9 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 02/05/2001 | Sunder Kocha Moolya | 02926064 | Whole-time director | View other directorships |
| 28/10/2002 | Kirtikumar Bhailal Doshi | 02897948 | Director | View other directorships |
| 31/01/2019 | Shilpa Sagar Parab | 08338221 | Director | View other directorships |
| 30/03/2019 | Dinesh Balu Gurav | *****9570G | CFO | |
| 26/06/2019 | Sandip Keshav Pawar | 05245634 | Director | View other directorships |
| 31/03/2021 | Swati Shah | *****6569K | Company Secretary | |
| 28/09/2022 | Deepak Pandurang Kamble | 09718203 | Director | View other directorships |
| 30/08/2024 | Harish Koraga Shriyan | 10760177 | Director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 8
- Sunder Kocha MoolyaWhole-time director
- Harish Koraga ShriyanDirector
- Deepak Pandurang KambleDirector
- Sandip Keshav PawarDirector
- Shilpa Sagar ParabDirector
- Kirtikumar Bhailal DoshiDirector
- Swati ShahCompany Secretary
- Dinesh Balu GuravCFO
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 13/11/2024 | Form MGT-7-13112024 | - |
| 21/10/2024 | Form AOC-4(XBRL)-21102024 | - |
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Address
Manish Textiles Industrial Premises Opposite Golden Chemical, Penkar Pada, Thane, Mira Road, Maharashtra, India, 401104
Frequently Asked Questions
What is the incorporation date of Garware Synthetics Limited?
The incorporation date of Garware Synthetics Limited is 01/09/1969.
What is the authorized share capital and paid-up capital of Garware Synthetics Limited?
The authorized share capital of Garware Synthetics Limited is ₹10,00,00,000.00. The paid-up capital is ₹5,80,89,000.00.
Who are the current board members & directors of Garware Synthetics Limited?
The current board member of Garware Synthetics Limited are:
- Sunder Kocha Moolya
- Sunder Kocha Moolya
- Sandip Keshav Pawar
- Shilpa Sagar Parab
- Kirtikumar Bhailal Doshi
- Deepak Pandurang Kamble
- Harish Koraga Shriyan
What is the registered address of Garware Synthetics Limited?
The registered address of Garware Synthetics Limited is Manish Textiles Industrial Premises Opposite Golden Chemical, Penkar Pada, Thane, Mira Road, Maharashtra, India, 401104.
What is the Corporate Identification Number of Garware Synthetics Limited?
The Corporate Identification Number of Garware Synthetics Limited is L99999MH1969PLC014371.