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Advance Syntex Ltd. (India)

Main Activities: Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing | Secondary Smelting and Alloying of Aluminum
Full name: Advance Syntex Ltd. Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Advance Syntex Ltd. is a manufacturing company located in Vadodara, India. The company was incorporated in 1974 and has a long history in the metallic yarn industry. They introduced Glitter powder to India in 1980 using Japanese technology and equipment. Their main products include Precision cut Glitter powder for various applications such as textile printing, molding, and flocking. They also supply metalized and coated Polyester film for manufacturing metallic yarn. Advance Syntex Ltd. follows principles of innovation, quality, commitments, and competitiveness in their manufacturing process. They have a modern infrastructure with two manufacturing units and an in-house designing unit. The manufacturing units cover an area of 50,000 square feet and have a combined installed capacity of 300 tons per month. They use sophisticated machinery, both imported and locally developed, to ensure the production of high-quality products that meet international industrial standards. The company has an in-house design unit that allows them to customize their products according to the specific needs of their clients. They prioritize timely delivery of their consignments.

Legal Address
No. 233/2 & 238/2,, GIDC, Por Ramangamdi,
Vadodara; Gujarat; Postal Code: 391243

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Website: http://www.midasglitter.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 21, 1990
Key Executives
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Independent and Non Executive Director
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Independent and Non Executive Director
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Independent Director
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Non Executive Director
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Non Executive Director
Ownership Details
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59.76%
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37.97%
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2.26%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-96.91%
Total operating revenue
-96.91%
Operating profit (EBIT)
-185.42%
EBITDA
N/A
Net Profit (Loss) for the Period
81.84%
Total equity
0%
Operating Profit Margin (ROS)
-196.4%
Net Profit Margin
-107.01%
Return on Equity (ROE)
36.13%

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