Acknit Industries Limited - environment in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L32902WB1990PLC050020 Incorporated 12 October 1990 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - BSE: 530043 Public Limited Company environment
Data last updated
Market Cap
₹97.26 Cr
ACKNIT · BSE
Share Price
₹319.95
0.00% today
Revenue
₹240 Cr
FY 2025-26 · +0.0% YoY
EBITDA
₹17.90 Cr
Margin 7.4%
Net Profit
₹8.22 Cr
FY 2025-26 · -8.3% YoY
P/E (TTM)
11.2x
P/B 1.0x
ROE
9.0%
ROCE 9.6%
Debt / Equity
0.71
Interest cover 28.0x

About Acknit Industries Limited

Data last updated:

Acknit Industries Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 12 October 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L32902WB1990PLC050020. Its GSTIN is 19AACCA1757B1Z1 (West Bengal). The company holds 3 GST registrations, of which 2 are active. Its shares are listed on BSE: 530043.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹3.04 Cr. It was formerly known as Acknit Knitting Pvt Ltd and Acknit Knitting Ltd. It is led by directors including Shri Krishan Saraf (Managing Director) and Deo Kishan Saraf (Whole-Time Director).

Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ecostation Block – Bp Plot No.7 Sector V 5th Floor Suit No.504, Salt Lake Kolkata, West Bengal, India – 700091.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹240.43 Cr, a growth of 0% compared to the previous year. For the same year it recorded a net profit of ₹8.22 Cr (net margin 3.4%) and EBITDA of ₹17.9 Cr (EBITDA margin 7.4%). The net worth stands at ₹95.18 Cr (up 9% YoY). Total assets are valued at ₹165.92 Cr (up 13.7% YoY).

The company has about 186 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Acknit Industries. As per MCA filings, the company has open charges of ₹94.89 Cr and satisfied charges of ₹284 Cr on record. The company has 64 deals on record (64 market trades); the latest was in June 2026. Its 10 peer companies in the Cleantech industry (Security Products, Wind Power) are compared by revenue, 5 larger and 5 smaller; the largest is Bhoruka Power Corporation Limited with revenue of ₹250.4 Cr. The company has 3 MSME Form 1 returns on record between 2017 and 2019, listing 164 overdue payments to 30 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acknitindia.com.

Company Details of Acknit Industries Limited
CIN L32902WB1990PLC050020
Registration Number 050020
Incorporation Date 12 October 1990
ROC Kolkata
Listing Status Listed (BSE: 530043)
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Ecostation Block – Bp Plot No.7 Sector V 5th Floor Suit No.504, Salt Lake Kolkata, West Bengal, India – 700091
  • Industry
    Environment, Wind Energy Solutions
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Financials, compliance, directors, charges, ownership and filings for Acknit Industries Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Acknit Industries Limited

The main business activity of Acknit Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Acknit Industries Limited FY 2025-26 filings available

Acknit Industries Limited reported revenue of ₹240.43 Cr (up 0% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹240 Cr
+0.0% YoY
EBITDA
₹17.90 Cr
-1.4% YoY
Profit After Tax
₹8.22 Cr
-8.3% YoY
Net Worth
₹95.18 Cr
+9.0% YoY
Total Assets
₹166 Cr
+13.7% YoY
Total Debt
₹70.71 Cr
+20.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue240240221238216172170
Revenue growth+0.0%+8.9%-7.5%+10.6%+25.5%+1.1%-
EBITDA17.9018.1517.2318.4915.8213.7411.56
EBITDA margin+7.4%+7.6%+7.8%+7.8%+7.3%+8.0%+6.8%
Profit before tax10.9512.1511.4712.1410.987.925.60
Net profit8.228.968.559.077.335.854.37
Net profit margin+3.4%+3.7%+3.9%+3.8%+3.4%+3.4%+2.6%
EPS (₹)26.9229.5928.1329.6726.1119.2314.37
Balance sheet
Total assets16614613711312499.5996.16
Net worth95.1887.2978.8170.3961.7354.2248.71
Total debt70.7158.6358.5542.9962.0745.2547.28
Cash & bank0.600.190.800.790.500.581.02
Net working capital11410398.0875.8785.4964.6162.48
Cash flow
Cash from operations4.6810.06(8.53)25.41(7.63)9.0024.16
Cash from investing(12.27)(7.23)(3.92)(2.99)(6.28)(3.23)(8.41)
Cash from financing7.72(3.31)12.72(22.35)13.69(6.08)(15.90)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue62.0666.8851.5066.8055.2565.4755.2862.39
Revenue growth (YoY)+12.3%+2.2%-6.8%+7.1%-3.5%---
Other income0.020.170.020.020.120.360.020.03
Total expenses57.1560.5147.8363.1451.3159.8051.6058.06
EBITDA4.916.373.673.663.945.673.684.33
EBITDA margin+7.9%+9.5%+7.1%+5.5%+7.1%+8.7%+6.7%+6.9%
Depreciation0.920.840.800.760.770.820.810.80
Interest1.070.881.001.011.010.960.640.64
Profit before tax2.944.821.891.912.284.252.252.92
Tax0.761.200.440.510.591.100.480.84

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue62.0666.8851.5066.8055.2565.4755.2862.39
Revenue growth (YoY)+12.3%+2.2%-6.8%+7.1%-3.5%---
Other income0.020.170.020.020.120.360.020.03
Total expenses57.1560.5147.8363.1451.3159.8051.6058.06
EBITDA4.916.373.673.663.945.673.684.33
EBITDA margin+7.9%+9.5%+7.1%+5.5%+7.1%+8.7%+6.7%+6.9%
Depreciation0.920.840.800.760.770.820.810.80
Interest1.070.881.001.011.010.960.640.64
Profit before tax2.944.821.891.912.284.252.252.92
Tax0.761.200.440.510.591.100.480.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue240240221238216172170
Revenue growth+0.0%+8.9%-7.5%+10.6%+25.5%+1.1%-
Other income0.340.470.250.071.160.501.44
Total expenses223222203220200158158
Employee cost8.268.157.597.096.435.575.71
EBITDA17.9018.1517.2318.4915.8213.7411.56
EBITDA margin+7.4%+7.6%+7.8%+7.8%+7.3%+8.0%+6.8%
Depreciation3.173.313.293.323.082.902.49
Interest4.123.162.723.102.923.424.91
Profit before tax10.9512.1511.4712.1410.987.925.60
Tax2.733.152.913.113.052.081.24
Net profit8.228.968.559.077.335.854.37
Net profit margin+3.4%+3.7%+3.9%+3.8%+3.4%+3.4%+2.6%
EPS (₹)26.9229.5928.1329.6726.1119.2314.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.043.043.043.043.043.043.04
Reserves & surplus92.1484.2575.7767.3558.6951.1845.67
Shareholders' funds (net worth)95.1887.2978.8170.3961.7354.2248.71
Secured loans68.1358.3058.5542.9955.9243.8238.54
Unsecured loans2.580.330.000.006.151.438.74
Total debt70.7158.6358.5542.9962.0745.2547.28
Total liabilities16614613711312499.5996.16
Assets
Gross block74.8959.6556.2955.5152.2843.7141.19
Net block47.4334.7834.7137.1037.0431.5331.88
Capital work in progress4.367.133.560.040.683.051.48
Investments0.000.000.000.000.010.010.01
Inventories96.0184.7570.5156.8065.3243.7250.17
Sundry debtors29.4431.4333.6928.4330.8424.0421.70
Cash & bank balances0.600.190.800.790.500.581.02
Loans & advances7.738.688.986.659.7113.1910.63
Total current assets13412511492.6710681.5383.52
Total current liabilities20.1021.8815.9016.8020.8816.9221.04
Net working capital11410398.0875.8785.4964.6162.48
Total assets16614613711312499.5996.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.060.550.290.210.440.750.89
Net cash from operating activities4.6810.06(8.53)25.41(7.63)9.0024.16
Net cash from investing activities(12.27)(7.23)(3.92)(2.99)(6.28)(3.23)(8.41)
Net cash from financing activities7.72(3.31)12.72(22.35)13.69(6.08)(15.90)
Net change in cash0.12(0.49)0.260.07(0.23)(0.31)(0.14)
Closing cash0.600.190.800.790.500.581.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+0.0%+8.9%-7.5%+10.6%+25.5%+1.1%-
EBITDA growth-1.4%+5.3%-6.8%+16.9%+15.1%+18.9%-
PBT growth-9.9%+5.9%-5.5%+10.6%+38.6%+41.4%-5.3%
Net income growth-8.3%+4.8%-5.7%+23.7%+25.3%+33.9%-
Revenue CAGR (3Y)+0.3%+3.7%+8.7%+12.0%+7.8%+2.2%+2.2%
EBITDA CAGR (3Y)-1.1%+4.7%+7.8%+17.0%+23.0%+18.9%+7.6%
Profitability & leverage
Net income margin+3.4%+3.7%+3.9%+3.8%+3.7%+3.4%+2.6%
Return on capital employed+9.6%+10.8%+11.3%+12.8%+12.5%+11.6%+10.5%
Return on net worth+9.0%+10.8%+11.5%+13.7%+13.7%+11.4%+9.3%
Debt / equity0.710.710.680.800.930.901.13
Long-term debt / equity0.070.010.000.030.080.130.17
Interest cover27.9721.2919.5120.4422.9231.5554.13
Efficiency & per share
Fixed asset turnover3.574.153.954.424.494.094.58
Inventory turnover2.663.103.473.913.963.693.68
Debtors turnover7.907.387.108.057.867.586.57
EPS (₹)26.9229.5928.1329.6726.1119.2314.37
Dividend per share (₹)1.501.501.501.501.501.501.50
Book value per share (₹)313.08287.15259.23231.56203.05178.37160.22
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Peer Comparison of Acknit Industries Limited

Acknit Industries Limited is compared with the companies closest to it by revenue in the Cleantech industry (Security Products, Wind Power). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bhoruka Power Corporation Limited₹250.4 Cr (FY 2024)••••••••-5.0%••••Bangalore - 56001, Karnataka, India
Enerfra Projects ( India ) Private Limited₹249.58 Cr (FY 2025)••••••••88.0%••••Bangalore, Karnataka, India
JSW Renew Energy Two Limited₹246.34 Cr (FY 2025)••••••••90.0%••••Mumbai, Maharashtra, India
Vivek Pharmachem (India) Limited₹245.53 Cr (FY 2025)••••••••-8.0%••••Jaipur, Rajasthan, India
Adani Wind Energy MP One Private Limited₹242.44 Cr (FY 2025)••••••••-5.0%••••New Delhi, Delhi, India
Acknit Industries Limited this company₹240.43 Cr (FY 2026)••••••••0.0%••••Kolkata, West Bengal, India
Kalyani Craft Paper Mills Private Limited₹237.7 Cr (FY 2025)••••••••21.0%••••Timaliyawad, Surat, Gujarat, India
Creelotex Engineers Pvt Ltd₹236.14 Cr (FY 2025)••••••••-39.0%••••Ahmedabad, Gujarat, India
Lambodhara Textiles Limited Listed₹235.04 Cr (FY 2025)••••••••18.0%••••Coimbatore, Tamil Nadu, India
Link Locks Private Limited₹234.77 Cr (FY 2025)••••••••1.0%••••Aligarh, Uttar Pradesh, India
Se Freight and Logistics India Private Limited₹231.3 Cr (FY 2025)••••••••58.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Acknit Industries by revenue in the Cleantech industry (Security Products, Wind Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors and KMP of Acknit Industries Limited

Acknit Industries Limited currently reports 8 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Deo Kishan SarafWhole-Time Director12 Oct 199036 Years 0 MonthsCurrent
Shri Krishan SarafManaging Director12 Oct 199036 Years 0 MonthsCurrent
Abhishek SarafWhole-Time Director28 May 20224 Years 4 MonthsCurrent
Tushar JhunjhunwalaAdditional Director14 Jul 20260 Years 2 MonthsCurrent
Rashi SarafDirector26 Sep 201610 Years 0 MonthsCurrent
Rajarshi GhoshDirector30 Jun 20215 Years 3 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

Charges & Borrowings of Acknit Industries Limited

Open charges
₹94.89 Cr
Satisfied charges
₹284 Cr
Breakdown by lending institutions
State Bank of India₹94.60 Cr
Others₹0.29 Cr
Latest charge details
DateLenderAmountStatus
07 Jan 2026State Bank of India₹14 CrOpen
21 Oct 2024State Bank of India₹1.3 CrOpen
02 May 2024State Bank of India₹79.3 CrOpen
29 Jul 2022Others₹15 LakhOpen
18 Jun 2022Others₹14 LakhOpen

Total charge records: 16 View all charges

Deals & Funding of Acknit Industries Limited

Acknit Industries Limited has 64 deals on record (64 market trades); the latest was in June 2026.

Total deals
64
Market trades
64

Deals on record (5 of 64)

WhenDealAmountParties
Dec 2018Market trade₹1.51 CrBuyer: Shri Krishan Saraf And Sons, an individual
Seller: Saraf Capital Markets Limited , Shri Krishan Saraf And Sons
Jan 2016Market trade₹37.4 LakhBuyer: Remcom Sales Services Pvt.Ltd.
May 2010Market trade₹20.7 LakhBuyer: Shree Viniyog Pvt Ltd
Seller: Pavi Investment Pvt Ltd
Oct 2007Market trade₹42.7 LakhBuyer: Mackertich Consultancy Services Pvt Ltd
Seller: an individual
Jun 2006Market trade₹9.3 LakhSeller: Dhanani International Limited
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Full deal history

All 64 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Acknit Industries Limited

Acknit Industries Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 164 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 30)

SupplierAmount dueDue sinceReported on
Tex Corp Private Limited••••••••••••
Manoka Fabrics••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
Ganeshwara Commercial LLP••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Acknit Industries Limited

Acknit Industries operates one associated brand: Acknit Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer and exporter of industrial gloves and garmentsacknitindia.com

Employees and EPFO Compliance at Acknit Industries Limited

Employment history and EPFO contributions of people linked to Acknit Industries.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Name History of Acknit Industries Limited

Acknit Industries has undergone 2 name changes throughout its history. The company was previously known as Acknit Knitting Pvt Ltd, and Acknit Knitting Ltd. The current legal name is Acknit Industries Limited.

Company NameStatus
Acknit Industries LimitedCurrent
Acknit Knitting Pvt LtdPrevious
Acknit Knitting LtdPrevious

CIN History of Acknit Industries Limited

Acknit Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L32902WB1990PLC050020, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L32902WB1990PLC050020Current
L01113WB1990PLC050020Previous
U01113WB1990PLC050020Previous

News related to Acknit Industries Limited

Recent Activity on Acknit Industries Limited

Acknit Industries Limited has 16 board changes on record since 1990: 9 appointments and 7 cessations. The latest: Amitava Mazumdar was appointed as Additional Director on 14 Jul 2026.

Appointed
Amitava Mazumdar was appointed as Additional Director.
Appointed
Tushar Jhunjhunwala was appointed as Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 14.00 Cr with Charge ID 101225385 was registered on 07 Jan 2026.
Charges
A charge registered on 27 Oct 2021 via Charge ID 100502214 with Others was fully satisfied on 19 Nov 2025.
AGM
Acknit Industries Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 79.30 Cr registered on 02 May 2024 with Charge ID 100925429 was modified on 22 May 2025.
Filing
Acknit Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata Ii.
Charges
A charge registered on 16 Mar 2015 via Charge ID 10571709 with State Bank Of India was fully satisfied on 07 Feb 2025.
Charges
A charge registered on 21 Jun 2003 via Charge ID 80034826 with State Bank Of India was fully satisfied on 07 Feb 2025.
Charges
A charge with State Bank Of India amounted to Rs. 1.30 Cr with Charge ID 100998278 was registered on 21 Oct 2024.
Charges
A charge with State Bank Of India amounted to Rs. 79.30 Cr with Charge ID 100925429 was registered on 02 May 2024.
Charges
A charge registered on 29 Oct 2020 via Charge ID 100381242 with Others was fully satisfied on 27 Jun 2023.

40 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Acknit Industries Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of Acknit Industries Limited

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Corporate group structure

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GST Compliance of Acknit Industries Limited

Acknit Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AACCA1757B1Z1West BengalActive01 Jul 2017
19AACCA1757B2Z0West BengalActive08 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Acknit Industries Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Acknit Industries Limited

Acknit Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 12 October 1990 (36+ years old) and is registered under CIN L32902WB1990PLC050020. Listed on BSE: 530043.

Acknit Industries reported revenue of ₹240.43 Cr for FY 2025-26 (up 0% YoY) based on standalone financials.

Acknit Industries has 9 current directors and KMP:

The GSTIN of Acknit Industries is 19AACCA1757B1Z1, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AACCA1757B2Z0 (West Bengal).

The CIN (Corporate Identification Number) of Acknit Industries is L32902WB1990PLC050020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Acknit Industries is listed on BSE with code 530043.

Acknit Industries was incorporated on 12 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.

Acknit Industries has 64 deals on record (64 market trades); the latest was in June 2026.

The peers of Acknit Industries by revenue are Bhoruka Power Corporation Limited, Enerfra Projects ( India ) Private Limited, JSW Renew Energy Two Limited, Vivek Pharmachem (India) Limited, Adani Wind Energy MP One Private Limited and 5 more, all in the Cleantech industry (Security Products, Wind Power).

Amitava Mazumdar was appointed as Additional Director on 14 Jul 2026. Tushar Jhunjhunwala was appointed as Additional Director on 14 Jul 2026. Abhishek Saraf was appointed as Whole-Time Director on 28 May 2022. Acknit Industries has 16 board changes on record in total.

Acknit Industries has 3 MSME Form 1 returns on record between 2017 and 2019, listing 164 overdue payments to 30 micro and small suppliers. The latest return was filed on 30 May 2019.

Acknit Industries can be reached through the website acknitindia.com. Its registered office is in Kolkata, West Bengal, India.

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