MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-04-0004091
Kruticore Industries Private Limited
Kruticore Industries Private Limited - electrnoics in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.24 Lakh
▼ 37% YoY
Net loss · FY 2025
₹4.62 Lakh
Net margin -14.3%
EBITDA · FY 2025
-₹4.54 Lakh
EBITDA margin -14.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹40,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Kruticore Industries Private Limited
Data last updated:
Kruticore Industries Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the home appliances segment of the electronics sector. It was incorporated on 25 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2020PTC135202. Its GSTIN is 29AAICK1301M1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹40,000. It is led by directors Kushal Patil and Abhinav Shripad Vernekar.
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 C59 Angol Industrial Estate Udyambag, Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.24 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹4.62 Lakh (net margin -14.3%) and EBITDA of -₹4.54 Lakh (EBITDA margin -14.1%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.
Kruticore Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0004091).
Company details
CIN U29309KA2020PTC135202
Registration Number 135202
Incorporation Date 25 June 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0004091
Recognitions & Rankings of Kruticore Industries
Contact details
Kruticore Industries Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressC59 Angol Industrial Estate Udyambag, Belgaum, Karnataka, India – 590008
- IndustryElectrnoics, Home Appliance, Manufacturing
To see the full contact details of Kruticore Industries Private Limited, buy the company report.
Comprehensive company report
Kruticore Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Kruticore Industries is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Kruticore Industries Private Limited, buy the company report.
Financials of Kruticore Industries Private Limited
FY 2025 filings availableKruticore Industries Private Limited reported revenue of ₹32.24 Lakh (down 37% YoY) for FY 2025.
Revenue · FY 2025
₹32.24 Lakh ▼ 37%
Net loss · FY 2025
₹4.62 Lakh margin -14.3%
EBITDA · FY 2025
-₹4.54 Lakh margin -14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 202%
3 years · compounded
▲ 20%
Revenue fell 37% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 202% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.54 Lakh | ||||
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| Net Profit (PAT) | -₹4.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -14.1% | ||||
| Net Profit Margin | -14.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kruticore Industries Private Limited, buy the company report.
Board of directors of Kruticore Industries Private Limited
Kruticore Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Patil Also directs: Shubkrut India LLP | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Abhinav Shripad Vernekar | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Kruticore Industries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (architectural and engineering activities; technical testing and analysis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HM Energy Solutions Limited | ₹32.58 Lakh (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Kurup Engineering Company Private Limited | ₹32.54 Lakh (FY 2025) | 283.0% | Nagpur, Maharashtra, India | |||
| Eyetek Engineering Private Limited | ₹32.5 Lakh (FY 2025) | -24.0% | Bally, West Bengal, India | |||
| Innovation Architects and Engineers Private Limited | ₹32.43 Lakh (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Astha Energy Services Private Limited | ₹32.34 Lakh (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Kruticore Industries Private Limitedthis company | ₹32.24 Lakh (FY 2025) | -₹4.62 Lakh | -14.3% | -37.0% | Belgaum, Karnataka, India | |
| Oes Offshore Engineering Services Private Limited | ₹32.04 Lakh (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Zenx Engineering Solutions Private Limited | ₹31.8 Lakh (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Structrise Consultant (OPC) Private Limited | ₹31.57 Lakh (FY 2025) | 87.0% | Mumbai, Maharashtra, India | |||
| Sustech Engineering Private Limited | ₹31.5 Lakh (FY 2025) | -56.0% | Kolkata, West Bengal, India | |||
| Life2home Interior Products Private Limited | ₹31.42 Lakh (FY 2025) | -39.0% | Pune, Maharashtra, India |
To see the full peer comparison of Kruticore Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kruticore Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kruticore Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kruticore Industries Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Kruticore Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICK1301M1ZH | Karnataka | Active | 06 Jul 2020 |
To see the full GST registrations and return filing status of Kruticore Industries Private Limited, buy the company report.
Recent activity
Kruticore Industries Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Shruti Subhash Vernekar ceased to be Director on 16 Aug 2024.
AGM
Kruticore Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kruticore Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shruti Subhash Vernekar ceased to be Director.
Appointed
Kushal Patil was appointed as Director.
Appointed
Abhinav Shripad Vernekar was appointed as Director.
Incorporation
25 Jun 2020
Kruticore Industries Private Limited was registered on 25 Jun 2020 with Roc Bangalore & aged 6 years 4 months as per MCA records.
Frequently asked questions
Kruticore Industries is an active private limited company based in Belgaum, Karnataka, India. The company works in home appliance, within the electronics industry. It was incorporated on 25 June 2020 (6+ years old) and is registered under CIN U29309KA2020PTC135202.
Kruticore Industries has 2 current directors:
- Kushal Patil - Director
- Abhinav Shripad Vernekar - Director
The latest financial statements of Kruticore Industries 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 2021 are in the company report.
The GSTIN of Kruticore Industries is 29AAICK1301M1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Kruticore Industries is U29309KA2020PTC135202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kruticore Industries was incorporated on 25 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kruticore Industries by revenue are HM Energy Solutions Limited, Kurup Engineering Company Private Limited, Eyetek Engineering Private Limited, Innovation Architects and Engineers Private Limited, Astha Energy Services Private Limited and 5 more, all in the same principal business activity (architectural and engineering activities; technical testing and analysis).
Shruti Subhash Vernekar ceased to be Director on 16 Aug 2024. Kushal Patil was appointed as Director on 14 Aug 2024. Abhinav Shripad Vernekar was appointed as Director on 25 Jun 2020.
Yes, Kruticore Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0004091).
The registered office of Kruticore Industries is at C59 Angol Industrial Estate Udyambag, Belgaum, Karnataka, India – 590008.
Kruticore Industries operates in the electronics industry, in the home appliance segment.