Khushi Industries Limited
About Khushi Industries Limited
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Khushi Industries Limited is a public limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 18 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70100GJ1987PLC082470. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.72 Cr. It was formerly known as Jogani Finance Limited. It is led by directors including Deepak Sen and Lekhraj Jat.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.1 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹25.27 Cr and EBITDA of -₹25.27 Cr. Revenue has declined at a compounded annual rate (CAGR) of 107% over three years and 52% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address6/1407 Vitrag Chambers 5th Floor Office No.501/A Thobhaseri Mahidharpur, A, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Khushi Industries Limited FY 2022 filings available
Khushi Industries Limited reported revenue of ₹6.1 Lakh (down 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Khushi Industries Limited
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 3% fall 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 of Khushi Industries Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.1 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹25.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.27 Cr | •••• | •••• | •••• | •••• |
| 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 of Khushi Industries Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Khushi Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Khushi Industries Limited
Khushi Industries Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tamarindus Agro Farms Private Limited | ₹6.3 Lakh (FY 2024) | •••• | •••• | 101.0% | •••• | Chittur, Kerala, India |
| Sweety Gems Private Limited | ₹6.29 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Surat, Gujarat, India |
| Kesaria Industries Private Limited | ₹6.24 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| Sri Sri Solitaires Private Limited | ₹6.24 Lakh (FY 2018) | •••• | •••• | -62.0% | •••• | New Delhi, Delhi, India |
| Rajendra Gold Ornaments Private Limited | ₹6.14 Lakh (FY 2019) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Khushi Industries Limited this company | ₹6.1 Lakh (FY 2022) | •••• | •••• | -3.0% | •••• | Surat, Gujarat, India |
| NDM Enterprises Private Limited | ₹6.09 Lakh (FY 2017) | •••• | •••• | -57.0% | •••• | Mumbai, Maharashtra, India |
| Mansi Precious Artworks Private Limited | ₹6.09 Lakh (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Luxxio Fashion Private Limited | ₹6.08 Lakh (FY 2022) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Suksha International Private Limited | ₹6.07 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| K.P. Jewellery Gems Chennai Private Limited | ₹6.06 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Khushi Industries by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Khushi Industries Limited
Khushi Industries Limited is audited by SHIVAKSHARSINGHSISODIA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIVAKSHARSINGHSISODIA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Khushi Industries Limited
Khushi Industries has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnath Anant Gothal Also directs: Asan Investments & Financial Services Private Limited | Additional Director | 18 Feb 2017 | 9 Years 7 Months | Current |
| Deepak Sen | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Lekhraj Jat Also directs: Asan Investments & Financial Services Private Limited | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Khushi Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Khushi Industries Limited
Khushi Industries Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Khushi Industries Limited
Employment history and EPFO contributions of people linked to Khushi Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Khushi Industries Limited
Khushi Industries has one previous CIN (Corporate Identification Number): U70100MH1987PLC045620. The current CIN is U70100GJ1987PLC082470, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100GJ1987PLC082470 | Current |
| U70100MH1987PLC045620 | Previous |
Recent Activity on Khushi Industries Limited
Khushi Industries Limited has 20 board changes on record since 2009: 3 appointments and 17 cessations. The latest: Deepak Jayram Shigwan ceased to be Director on 05 Jul 2018.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Khushi Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Khushi Industries Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Khushi Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Khushi Industries Limited
Khushi Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Khushi Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Khushi Industries Limited
Khushi Industries is an active public limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 18 December 1987 (39+ years old) and is registered under CIN U70100GJ1987PLC082470.
Khushi Industries reported revenue of ₹6.1 Lakh for FY 2022 (down 3% YoY).
Khushi Industries has 3 current directors:
- Navnath Anant Gothal - Additional Director
- Deepak Sen - Director
- Lekhraj Jat - Director
Khushi Industries reported a net loss of ₹25.27 Cr and EBITDA of -₹25.27 Cr for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Khushi Industries is 107% over three years and -52% over five years. In the latest year (FY 2022) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
No. Khushi Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Khushi Industries is U70100GJ1987PLC082470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khushi Industries was incorporated on 18 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Khushi Industries by revenue are Tamarindus Agro Farms Private Limited, Sweety Gems Private Limited, Kesaria Industries Private Limited, Sri Sri Solitaires Private Limited, Rajendra Gold Ornaments Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Deepak Jayram Shigwan ceased to be Director on 05 Jul 2018. Deepak Sen was appointed as Director on 05 Jul 2018. Dilip Keshav Sharma ceased to be Director on 05 Jul 2018. Khushi Industries has 20 board changes on record in total.
The registered office of Khushi Industries is at 61407 Vitrag Chambers 5th Floor Office No.501A Thobhaseri Mahidharpur, A, Surat, Gujarat, India – 395003.