MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0057485
Kushal Industries Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹56.88 Lakh
▼ 44% YoY
Net profit · FY 2024
₹14.66 Lakh
Net margin 25.8%
EBITDA · FY 2024
₹23.15 Lakh
EBITDA margin 40.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1.63 Cr
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Kushal Industries Limited
Data last updated:
Kushal Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1992PLC064979. Its GSTIN is 27AAACK2146A1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Mansi Bakul Jhaveri and Bakul Jivanchand Jhaveri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.88 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹14.66 Lakh (net margin 25.8%) and EBITDA of ₹23.15 Lakh (EBITDA margin 40.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 2 brands: Khushal Industry and Kushal Enterprise. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 3 cases are pending.
Kushal Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0057485). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kushalindustries.com.
Company details
CIN U17120MH1992PLC064979
Registration Number 064979
Incorporation Date 22 January 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0057485
CIN history
Kushal Industries has one previous CIN (Corporate Identification Number): U17120MH1992PTC064979. The current CIN is U17120MH1992PLC064979, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1992PLC064979 | Current |
| U17120MH1992PTC064979 | Previous |
Key People
Mansi Bakul Jhaveri Director Bakul Jivanchand Jhaveri Director Anil Yadav Additional Director Recognitions & Rankings of Kushal Industries
Contact details
Kushal Industries Limited's registered office is in Mumbai, Maharashtra. Its website is kushalindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1203/2/B Bldg No. 48 Evershine Halley Tower Near Nirvana Hotel Thakur Village Kandiv, Ali (East), Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Kushal Industries Limited, buy the company report.
Comprehensive company report
Kushal Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Kushal Industries operates two associated brands: Khushal Industry and Kushal Enterprise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides organic fertilizers, pesticides, and irrigation solutions for farmers. | khushalindustry.in | |
| Manufacturing of HDPE, PP, and PP-R pipe welding equipment and solutions for industrial applications. | kushalindustries.com |
Business activity
The main business activity of Kushal Industries is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Kushal Industries Limited, buy the company report.
Financials of Kushal Industries Limited
FY 2024 filings availableKushal Industries Limited reported revenue of ₹56.88 Lakh (down 44% YoY) for FY 2024.
Revenue · FY 2024
₹56.88 Lakh ▼ 44%
Net profit · FY 2024
₹14.66 Lakh margin 25.8%
EBITDA · FY 2024
₹23.15 Lakh margin 40.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 12%
5 years · compounded
▲ 55%
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 44% fall in the latest year. EBITDA rose 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹23.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.66 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.7% | ||||
| Net Profit Margin | 25.8% | ||||
| 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 Kushal Industries Limited, buy the company report.
Board of directors of Kushal Industries Limited
Kushal Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansi Bakul Jhaveri | Director | 20 Jun 2007 | 19 Years 4 Months | Current |
| Bakul Jivanchand Jhaveri | Director | 22 Jan 1992 | 34 Years 9 Months | Current |
| Anil Yadav Also directs: Kushal Diamonds Limited | Additional Director | 15 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Kushal Industries Limited is audited by BHARAT B SHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT B SHAH | FY 2022 | 176246 |
Shareholding
The shareholding of Kushal Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kushal Industries Limited, buy the company report.
Legal cases
Kushal Industries Limited has 11 court cases on record: 5 filed by Kushal Industries, 6 filed against it. 3 cases are pending and 8 are disposed.
Total cases
11
Filed by the company
5
Filed against the company
6
Pending
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 3 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Leap India Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Leap India Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by The National Small Industries Corporation Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by National Small Industries Corporation Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by National Small Industries Corporation Limited | Disposed |
To see the full case history of Kushal Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kushal Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kushal Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2146A1Z5 | Maharashtra | Active | 11 Sep 2020 |
To see the full GST registrations and return filing status of Kushal Industries Limited, buy the company report.
Recent activity
Kushal Industries Limited has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Anil Yadav was appointed as Additional Director on 15 Jun 2019.
AGM
Kushal Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kushal Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Anil Yadav was appointed as Additional Director.
Ceased
Kalpesh Bhagwandas Sheth ceased to be Director.
Ceased
Karishma Bakul Jhaveri ceased to be Director.
Appointed
Mansi Bakul Jhaveri was appointed as Director.
Appointed
Bakul Jivanchand Jhaveri was appointed as Director.
Incorporation
22 Jan 1992
Kushal Industries Limited was registered on 22 Jan 1992 with Roc Mumbai & aged 34 years 9 months as per MCA records.
Frequently asked questions
Kushal Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 January 1992 (34+ years old) and is registered under CIN U17120MH1992PLC064979.
Kushal Industries has 3 current directors:
- Mansi Bakul Jhaveri - Director
- Bakul Jivanchand Jhaveri - Director
- Anil Yadav - Additional Director
The latest financial statements of Kushal Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kushal Industries is 27AAACK2146A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kushal Industries is U17120MH1992PLC064979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushal Industries has 11 court cases on record: 5 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Kushal Industries was incorporated on 22 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Yadav was appointed as Additional Director on 15 Jun 2019. Kalpesh Bhagwandas Sheth ceased to be Director on 15 Jun 2019. Karishma Bakul Jhaveri ceased to be Director on 11 May 2011. Kushal Industries has 5 board changes on record in total.
Yes, Kushal Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0057485).
Kushal Industries can be reached through the website kushalindustries.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages