Krushi Research Innovation and Development Association

Krushi Research Innovation and Development Association - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U85320MH2020NPL335395 Incorporated 02 January 2020 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Not For Profit Company travel and hospitality
Revenue · FY 2024
₹75.04 Lakh
▲ 63% YoY
Net profit · FY 2024
₹8.05 Lakh
Net margin 10.7%
EBITDA · FY 2024
₹8.07 Lakh
EBITDA margin 10.8%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹2.25 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Krushi Research Innovation and Development Association

Data last updated:

Krushi Research Innovation and Development Association is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 02 January 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85320MH2020NPL335395.

The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors including Dhiraj Devji Rambhia and Urmil Ramniklal Gala.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A32 Garden View Devi Dayal Road Near Garden & Bus Depot, Mulund West Mumbai Maharashtra India 400080, Maharashtra, India – 400080.

As per the financials filed for FY 2024, the company reported a revenue of ₹75.04 Lakh, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹8.05 Lakh (net margin 10.7%) and EBITDA of ₹8.07 Lakh (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 315% over three years.

Company details

CIN U85320MH2020NPL335395
Registration Number 335395
Incorporation Date 02 January 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active

Contact details

Krushi Research Innovation and Development Association's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A32 Garden View Devi Dayal Road Near Garden & Bus Depot, Mulund West Mumbai Maharashtra India 400080, Maharashtra, India – 400080
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Krushi Research Innovation and Development Association, buy the company report.

Comprehensive company report
Krushi Research Innovation and Development Association - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Krushi Research Innovation and Development Association

FY 2025 filings available

Krushi Research Innovation and Development Association reported revenue of ₹75.04 Lakh (up 63% YoY) for FY 2024.

Revenue · FY 2024
₹75.04 Lakh ▲ 63%
Net profit · FY 2024
₹8.05 Lakh margin 10.7%
EBITDA · FY 2024
₹8.07 Lakh margin 10.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 315%
EBITDA CAGR growth
1 year
▲ 135%
3 years · compounded
▲ 245%

Revenue has grown at a compounded annual rate (CAGR) of 315% over three years, including 63% growth in the latest year. EBITDA rose 135% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.07 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.05 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.8%
Net Profit Margin10.7%
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 Krushi Research Innovation and Development Association, buy the company report.

Board of directors of Krushi Research Innovation and Development Association

Krushi Research Innovation and Development Association has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh Hemraj VisariyaAdditional Director05 Nov 20242 Years 0 MonthsCurrent
Dhiraj Devji RambhiaDirector02 Jan 20206 Years 10 MonthsCurrent
Urmil Ramniklal GalaDirector09 Oct 20206 Years 1 MonthsCurrent
Meera Mahendra SatraDirector02 Jan 20206 Years 10 MonthsCurrent

Peer comparison

Krushi Research Innovation and Development Association is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Professional Services), with the same principal business activity (scientific research and development), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vischrom Data Solutions Private Limited₹75.23 Lakh (FY 2025)-4.0%Delhi, India
Krushi Research Innovation and Development Associationthis company₹75.04 Lakh (FY 2024)₹8.05 Lakh10.7%63.0%Mumbai, Maharashtra, India
Indipoll Cominfra Private Limited₹75.03 Lakh (FY 2024)21.0%New Delhi, Delhi, India
Univdatos Market Insights Private Limited₹74.99 Lakh (FY 2024)-25.0%Greater Noida, Uttar Pradesh, India

To see the full peer comparison of Krushi Research Innovation and Development Association, buy the company report.

Auditor

Krushi Research Innovation and Development Association is audited by S H DAMA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S H DAMA & ASSOCIATESFY 2022125932W

Shareholding

The shareholding of Krushi Research Innovation and Development Association is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Krushi Research Innovation and Development Association, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Krushi Research Innovation and Development Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Krushi Research Innovation and Development Association; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Krushi Research Innovation and Development Association has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Dinesh Hemraj Visariya was appointed as Additional Director on 05 Nov 2024.

AGM
Krushi Research Innovation And Development Association last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Krushi Research Innovation And Development Association has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Dinesh Hemraj Visariya was appointed as Additional Director.
Ceased
Urmil Ramniklal Gala ceased to be Additional Director.
Appointed
Urmil Ramniklal Gala was appointed as Director.
Appointed
Dhiraj Devji Rambhia was appointed as Director.
Appointed
Meera Mahendra Satra was appointed as Director.
Incorporation
02 Jan 2020
Krushi Research Innovation And Development Association was registered on 02 Jan 2020 with Roc Mumbai I & aged 6 years 10 months as per MCA records.

Frequently asked questions

Krushi Research Innovation and Development Association is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 02 January 2020 (6+ years old) and is registered under CIN U85320MH2020NPL335395.

Krushi Research Innovation and Development Association has 4 current directors:

The latest financial statements of Krushi Research Innovation and Development Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Krushi Research Innovation and Development Association is U85320MH2020NPL335395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Krushi Research Innovation and Development Association was incorporated on 02 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Krushi Research Innovation and Development Association by revenue are Vischrom Data Solutions Private Limited, Indipoll Cominfra Private Limited, Univdatos Market Insights Private Limited, all in the Consumer Services industry (Professional Services), with the same principal business activity (scientific research and development).

Dinesh Hemraj Visariya was appointed as Additional Director on 05 Nov 2024. Urmil Ramniklal Gala ceased to be Additional Director on 29 Dec 2021. Urmil Ramniklal Gala was appointed as Director on 09 Oct 2020. Krushi Research Innovation and Development Association has 5 board changes on record in total.

The registered office of Krushi Research Innovation and Development Association is at A32 Garden View Devi Dayal Road Near Garden & Bus Depot, Mulund West Mumbai Maharashtra India 400080, Maharashtra, India – 400080.

Krushi Research Innovation and Development Association operates in the travel and hospitality industry, in the consumer professional services segment.

Krushi Research Innovation and Development Association can be reached at its registered office: A32 Garden View Devi Dayal Road Near Garden & Bus Depot, Mulund West Mumbai Maharashtra India 400080, Maharashtra, India – 400080.

Krushi Research Innovation and Development Association is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.