
About Kalind Limited
Data last updated:
Kalind Limited is a public limited company based in Surat, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L77309GJ1994PLC021759. Its GSTIN is 27AAACM7410R3Z1 (Maharashtra). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526935.
The company has an authorised share capital of ₹122 Cr and a paid-up capital of ₹121.89 Cr. It was formerly known as Arunis Realtors Limited and Arunis Abode Limited. It is led by directors including Ayush Dharmendrabhai Jasani (Managing Director) and Dharmendrabha Becharbhai Jasani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Surat, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹79.85 Cr. For the same year it recorded a net profit of ₹27.23 Cr (net margin 34.1%) and EBITDA of ₹38.75 Cr (EBITDA margin 48.5%). The net worth stands at ₹211.7 Cr (up 3249.7% YoY). Total assets are valued at ₹221.54 Cr (up 3011.5% YoY).
The company is associated with 2 brands: MB Parikh Finstocks and Arunis. As per MCA filings, the company has open charges of ₹21.63 Cr and satisfied charges of ₹26.03 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 2 cases are pending. The company has 61 deals on record (61 market trades); the latest was in September 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arunis.co.
Company details
Name history
Kalind has undergone 4 name changes throughout its history. The current legal name is Kalind Limited.
| Company Name | Status |
|---|---|
| Kalind Limited | Current |
| Arunis Realtors Limited | Previous |
| Arunis Abode Limited | Previous |
| M B Parikh Finstocks Limited | Previous |
CIN history
Kalind has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L77309GJ1994PLC021759, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L77309GJ1994PLC021759 | Current |
| L70100GJ1994PLC021759 | Previous |
| L65910GJ1994PLC021759 | Previous |
Contact details
Kalind Limited's registered office is in Surat, Gujarat.
- Registered AddressFourth Floor Office No 404, White Pearls Near Galaxy, Surat, Gujarat, India – 395009
- IndustryFinancial Services, Diversified Financial Services
- 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
Brands
Kalind operates two associated brands: MB Parikh Finstocks and Arunis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers B2B iGaming solutions and manages illegal online gambling platforms. | mbpfin.com | |
| Residential, commercial, and mixed-use real estate projects are developed. | arunis.co |
Business activity
The main business activity of Kalind is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Kalind Limited, buy the company report.
Financials of Kalind Limited
FY 2025-26 filings availableKalind Limited reported revenue of ₹79.85 Cr for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 79.85 | 0.00 | 1.22 | 3.44 | 1.54 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | - |
| EBITDA | 38.75 | (0.79) | 0.61 | 0.56 | 0.02 |
| EBITDA margin | +48.5% | - | +50.0% | +16.3% | +1.3% |
| Profit before tax | 36.36 | (0.47) | 0.60 | 0.38 | 0.24 |
| Net profit | 27.23 | (0.11) | 0.40 | 1.01 | 0.18 |
| Net profit margin | +34.1% | - | +32.8% | +29.4% | +11.7% |
| EPS (₹) | 2.85 | (0.51) | 1.31 | 0.57 | 0.57 |
| Balance sheet | |||||
| Total assets | 222 | 7.12 | 7.35 | 9.54 | 7.60 |
| Net worth | 212 | 6.32 | 6.47 | 6.08 | 5.91 |
| Total debt | 9.84 | 0.80 | 0.87 | 3.46 | 1.69 |
| Cash & bank | 7.52 | 0.03 | 0.05 | 0.05 | 1.15 |
| Net working capital | 137 | 6.23 | 1.86 | 2.50 | 0.75 |
| Cash flow | |||||
| Cash from operations | (86.51) | (0.77) | 4.55 | 1.87 | (5.28) |
| Cash from investing | (93.02) | 0.90 | (1.65) | (4.44) | 3.45 |
| Cash from financing | 187 | (0.15) | (2.91) | 1.77 | 1.39 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88.20 | 35.06 | 33.11 | 15.09 | 17.97 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +390.8% | +157.8% | - | - | - | - | - | - |
| Other income | 0.42 | 0.30 | 1.21 | 0.62 | 0.24 | 0.56 | 0.19 | 0.11 |
| EBITDA | 34.68 | 22.00 | 18.02 | 4.30 | 11.45 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.3% | +62.7% | +54.4% | +28.5% | +63.7% | +42.1% | - | - |
| Depreciation | 4.86 | 3.67 | 1.76 | 1.26 | 0.48 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | (2.47) | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.21 | 18.61 | 19.94 | 3.66 | 11.20 | 6.26 | 0.02 | (0.26) |
| Tax | 7.00 | 3.95 | 4.95 | 1.20 | 1.96 | 0.93 | (0.20) | (0.08) |
| Net profit | 23.21 | 14.66 | 14.99 | 2.46 | 9.24 | 5.33 | 0.22 | (0.18) |
| EPS (₹) | 1.26 | 1.20 | 1.57 | 0.48 | 3.08 | 17.75 | 0.72 | (0.65) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 75.36 | 0.00 | 1.22 | 3.44 | 1.54 | 1.12 | 0.27 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | +37.5% | +314.8% | - |
| EBITDA | 37.42 | (0.78) | 0.62 | 0.57 | 0.04 | 0.79 | (0.25) |
| EBITDA margin | +49.7% | - | +50.8% | +16.6% | +2.6% | +70.5% | -92.6% |
| Profit before tax | 36.46 | (0.50) | 0.57 | 0.39 | 0.26 | 0.69 | 0.08 |
| Net profit | 27.31 | (0.14) | 0.43 | 1.03 | 0.20 | 0.65 | (0.23) |
| Net profit margin | +36.2% | - | +35.3% | +29.9% | +13.0% | +58.0% | -85.2% |
| EPS (₹) | 2.85 | (0.55) | 1.43 | 0.60 | 0.60 | 2.19 | (0.09) |
| Balance sheet | |||||||
| Total assets | 223 | 7.15 | 7.40 | 9.55 | 7.61 | 5.74 | 5.08 |
| Net worth | 213 | 6.36 | 6.53 | 6.10 | 5.92 | 5.74 | 5.08 |
| Total debt | 9.78 | 0.80 | 0.87 | 3.46 | 1.69 | 0.00 | 0.00 |
| Cash & bank | 6.76 | 0.03 | 0.04 | 0.02 | 1.01 | 1.30 | 0.02 |
| Net working capital | 129 | 6.23 | 1.85 | 2.47 | 0.61 | 1.15 | 0.65 |
| Cash flow | |||||||
| Cash from operations | (87.29) | (0.78) | 4.47 | 1.88 | (5.26) | 0.71 | (0.33) |
| Cash from investing | (94.24) | 0.92 | (1.55) | (4.34) | 3.29 | 0.57 | 0.29 |
| Cash from financing | 188 | (0.15) | (2.91) | 1.65 | 1.51 | 0.00 | 0.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.98 | 34.91 | 30.31 | 14.91 | 16.54 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +431.9% | +156.7% | - | - | - | - | - | - |
| Other income | 0.00 | 0.00 | 0.52 | 0.14 | 0.29 | 0.48 | 0.16 | 0.11 |
| Total expenses | 53.20 | 12.70 | 13.26 | 10.29 | 6.51 | 7.88 | 0.15 | 0.33 |
| EBITDA | 34.78 | 22.21 | 17.05 | 4.62 | 10.03 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.5% | +63.6% | +56.3% | +31.0% | +60.6% | +42.1% | - | - |
| Depreciation | 4.36 | 3.17 | 1.37 | 0.55 | 0.43 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.39 | 19.02 | 16.19 | 4.21 | 9.88 | 6.18 | (0.01) | (0.26) |
| Tax | 7.17 | 3.98 | 5.41 | 1.19 | 1.63 | 0.93 | (0.20) | (0.08) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88.20 | 35.06 | 33.11 | 15.09 | 17.97 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +390.8% | +157.8% | - | - | - | - | - | - |
| Other income | 0.42 | 0.30 | 1.21 | 0.62 | 0.24 | 0.56 | 0.19 | 0.11 |
| EBITDA | 34.68 | 22.00 | 18.02 | 4.30 | 11.45 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.3% | +62.7% | +54.4% | +28.5% | +63.7% | +42.1% | - | - |
| Depreciation | 4.86 | 3.67 | 1.76 | 1.26 | 0.48 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | (2.47) | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.21 | 18.61 | 19.94 | 3.66 | 11.20 | 6.26 | 0.02 | (0.26) |
| Tax | 7.00 | 3.95 | 4.95 | 1.20 | 1.96 | 0.93 | (0.20) | (0.08) |
| Net profit | 23.21 | 14.66 | 14.99 | 2.46 | 9.24 | 5.33 | 0.22 | (0.18) |
| EPS (₹) | 1.26 | 1.20 | 1.57 | 0.48 | 3.08 | 17.75 | 0.72 | (0.65) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 79.85 | 0.00 | 1.22 | 3.44 | 1.54 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | - |
| Other income | 2.98 | 0.52 | 0.49 | 0.26 | 0.27 |
| Total expenses | 41.10 | 0.79 | 0.61 | 2.88 | 1.52 |
| Employee cost | 0.00 | 0.12 | 0.11 | 0.28 | 0.16 |
| EBITDA | 38.75 | (0.79) | 0.61 | 0.56 | 0.02 |
| EBITDA margin | +48.5% | - | +50.0% | +16.3% | +1.3% |
| Depreciation | 5.20 | 0.13 | 0.18 | 0.14 | 0.04 |
| Interest | 0.17 | 0.07 | 0.32 | 0.30 | 0.01 |
| Profit before tax | 36.36 | (0.47) | 0.60 | 0.38 | 0.24 |
| Tax | 9.13 | (0.33) | 0.14 | 0.21 | 0.06 |
| Net profit | 27.23 | (0.11) | 0.40 | 1.01 | 0.18 |
| Net profit margin | +34.1% | - | +32.8% | +29.4% | +11.7% |
| EPS (₹) | 2.85 | (0.51) | 1.31 | 0.57 | 0.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 122 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves & surplus | 89.81 | 3.32 | 3.47 | 3.08 | 2.91 |
| Shareholders' funds (net worth) | 212 | 6.32 | 6.47 | 6.08 | 5.91 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 2.44 | 0.34 |
| Unsecured loans | 9.84 | 0.80 | 0.87 | 1.02 | 1.35 |
| Total debt | 9.84 | 0.80 | 0.87 | 3.46 | 1.69 |
| Total liabilities | 222 | 7.12 | 7.35 | 9.54 | 7.60 |
| Assets | |||||
| Gross block | 62.41 | 1.74 | 2.18 | 2.24 | 1.53 |
| Net block | 55.49 | 0.01 | 1.86 | 1.99 | 1.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.06 | 3.88 | 5.14 | 5.45 |
| Inventories | 6.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 48.79 | 0.00 | 0.00 | 2.58 | 0.00 |
| Cash & bank balances | 7.52 | 0.03 | 0.05 | 0.05 | 1.15 |
| Loans & advances | 92.04 | 6.25 | 2.12 | 0.14 | 2.12 |
| Total current assets | 155 | 6.28 | 2.17 | 2.77 | 3.27 |
| Total current liabilities | 17.16 | 0.05 | 0.31 | 0.27 | 2.52 |
| Net working capital | 137 | 6.23 | 1.86 | 2.50 | 0.75 |
| Total assets | 222 | 7.12 | 7.35 | 9.54 | 7.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.03 | 0.05 | 0.05 | 0.85 | 1.30 |
| Net cash from operating activities | (86.51) | (0.77) | 4.55 | 1.87 | (5.28) |
| Net cash from investing activities | (93.02) | 0.90 | (1.65) | (4.44) | 3.45 |
| Net cash from financing activities | 187 | (0.15) | (2.91) | 1.77 | 1.39 |
| Net change in cash | 7.49 | (0.02) | (0.01) | (0.80) | (0.45) |
| Closing cash | 7.52 | 0.03 | 0.05 | 0.05 | 1.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | - | -100.0% | -64.5% | +123.4% | - |
| EBITDA growth | +5005.1% | -229.5% | +8.9% | +2700.0% | - |
| PBT growth | +9998.0% | - | +57.9% | +58.3% | +9997.0% |
| Net income growth | - | -127.5% | -60.4% | +461.1% | - |
| Revenue CAGR (3Y) | +185.3% | -100.0% | - | - | - |
| EBITDA CAGR (3Y) | +310.6% | - | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +34.1% | - | +37.7% | +4.9% | +11.7% |
| Return on capital employed | +32.0% | -5.7% | +10.9% | +31.1% | +3.2% |
| Return on net worth | +25.0% | -2.4% | +7.3% | +17.2% | +2.9% |
| Debt / equity | 0.05 | 0.13 | 0.35 | 0.43 | 0.29 |
| Long-term debt / equity | 0.05 | 0.06 | 0.14 | 0.11 | 0.05 |
| Interest cover | 0.54 | -7.53 | 74.42 | 71.43 | -50.00 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.49 | 0.00 | 0.55 | 1.82 | 1.01 |
| Inventory turnover | 25.55 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.27 | 0.00 | 0.95 | 2.67 | 0.00 |
| EPS (₹) | 2.23 | (0.51) | 1.31 | 0.57 | 0.57 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.37 | 21.07 | 21.58 | 20.27 | 19.69 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.98 | 34.91 | 30.31 | 14.91 | 16.54 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +431.9% | +156.7% | - | - | - | - | - | - |
| Other income | 0.00 | 0.00 | 0.52 | 0.14 | 0.29 | 0.48 | 0.16 | 0.11 |
| Total expenses | 53.20 | 12.70 | 13.26 | 10.29 | 6.51 | 7.88 | 0.15 | 0.33 |
| EBITDA | 34.78 | 22.21 | 17.05 | 4.62 | 10.03 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.5% | +63.6% | +56.3% | +31.0% | +60.6% | +42.1% | - | - |
| Depreciation | 4.36 | 3.17 | 1.37 | 0.55 | 0.43 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.39 | 19.02 | 16.19 | 4.21 | 9.88 | 6.18 | (0.01) | (0.26) |
| Tax | 7.17 | 3.98 | 5.41 | 1.19 | 1.63 | 0.93 | (0.20) | (0.08) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 75.36 | 0.00 | 1.22 | 3.44 | 1.54 | 1.12 | 0.27 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | +37.5% | +314.8% | - |
| Other income | 1.43 | 0.48 | 0.45 | 0.25 | 0.27 | 0.00 | 0.38 |
| Total expenses | 37.94 | 0.78 | 0.60 | 2.87 | 1.50 | 0.33 | 0.52 |
| Employee cost | 0.00 | 0.12 | 0.11 | 0.28 | 0.16 | 0.10 | 0.09 |
| EBITDA | 37.42 | (0.78) | 0.62 | 0.57 | 0.04 | 0.79 | (0.25) |
| EBITDA margin | +49.7% | - | +50.8% | +16.6% | +2.6% | +70.5% | -92.6% |
| Depreciation | 2.35 | 0.13 | 0.18 | 0.14 | 0.04 | 0.02 | 0.05 |
| Interest | 0.04 | 0.07 | 0.32 | 0.29 | 0.01 | 0.08 | 0.00 |
| Profit before tax | 36.46 | (0.50) | 0.57 | 0.39 | 0.26 | 0.69 | 0.08 |
| Tax | 9.15 | (0.33) | 0.14 | 0.21 | 0.06 | 0.04 | 0.09 |
| Net profit | 27.31 | (0.14) | 0.43 | 1.03 | 0.20 | 0.65 | (0.23) |
| Net profit margin | +36.2% | - | +35.3% | +29.9% | +13.0% | +58.0% | -85.2% |
| EPS (₹) | 2.85 | (0.55) | 1.43 | 0.60 | 0.60 | 2.19 | (0.09) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 122 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves & surplus | 91.07 | 3.36 | 3.53 | 3.10 | 2.92 | 2.74 | 2.08 |
| Shareholders' funds (net worth) | 213 | 6.36 | 6.53 | 6.10 | 5.92 | 5.74 | 5.08 |
| Secured loans | 0.00 | 0.00 | 0.00 | 2.44 | 0.34 | 0.00 | 0.00 |
| Unsecured loans | 9.78 | 0.80 | 0.87 | 1.02 | 1.35 | 0.00 | 0.00 |
| Total debt | 9.78 | 0.80 | 0.87 | 3.46 | 1.69 | 0.00 | 0.00 |
| Total liabilities | 223 | 7.15 | 7.40 | 9.55 | 7.61 | 5.74 | 5.08 |
| Assets | |||||||
| Gross block | 46.52 | 0.02 | 2.18 | 2.24 | 1.53 | 1.10 | 0.95 |
| Net block | 44.17 | 0.00 | 1.86 | 1.99 | 1.39 | 1.00 | 0.88 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 49.18 | 0.12 | 3.95 | 5.19 | 5.60 | 3.76 | 1.62 |
| Inventories | 6.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 40.68 | 0.00 | 0.00 | 2.58 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 6.76 | 0.03 | 0.04 | 0.02 | 1.01 | 1.30 | 0.02 |
| Loans & advances | 91.44 | 6.25 | 2.11 | 0.14 | 2.12 | 0.01 | 0.66 |
| Total current assets | 145 | 6.28 | 2.15 | 2.74 | 3.13 | 1.31 | 0.68 |
| Total current liabilities | 15.73 | 0.05 | 0.30 | 0.27 | 2.52 | 0.16 | 0.03 |
| Net working capital | 129 | 6.23 | 1.85 | 2.47 | 0.61 | 1.15 | 0.65 |
| Total assets | 223 | 7.15 | 7.40 | 9.55 | 7.61 | 5.74 | 5.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.03 | 0.04 | 0.02 | 0.83 | 1.30 | 0.02 | 0.06 |
| Net cash from operating activities | (87.29) | (0.78) | 4.47 | 1.88 | (5.26) | 0.71 | (0.33) |
| Net cash from investing activities | (94.24) | 0.92 | (1.55) | (4.34) | 3.29 | 0.57 | 0.29 |
| Net cash from financing activities | 188 | (0.15) | (2.91) | 1.65 | 1.51 | 0.00 | 0.00 |
| Net change in cash | 6.73 | (0.01) | 0.02 | (0.81) | (0.46) | 1.28 | (0.04) |
| Closing cash | 6.76 | 0.03 | 0.04 | 0.02 | 1.01 | 1.30 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | -100.0% | -64.5% | +123.4% | +37.5% | +314.8% | - |
| EBITDA growth | +4897.4% | -225.8% | +8.8% | +1325.0% | -94.9% | +416.0% | - |
| PBT growth | +9998.0% | - | +46.2% | +50.0% | -62.3% | +762.5% | +9997.0% |
| Net income growth | - | -132.6% | -58.3% | +415.0% | -69.2% | +382.6% | - |
| Revenue CAGR (3Y) | +179.8% | -100.0% | +2.9% | +133.6% | +60.9% | +2.5% | -20.1% |
| EBITDA CAGR (3Y) | +303.4% | - | -7.8% | - | +26.0% | +35.2% | +24.4% |
| Profitability & leverage | |||||||
| Net income margin | +36.2% | - | +35.3% | +5.2% | +13.0% | +58.0% | -3.7% |
| Return on capital employed | +31.7% | -5.9% | +10.5% | +30.9% | +3.8% | +14.4% | -4.9% |
| Return on net worth | +24.9% | -2.6% | +6.8% | +17.1% | +3.1% | +12.2% | -4.9% |
| Debt / equity | 0.05 | 0.13 | 0.34 | 0.43 | 0.14 | 0.00 | 0.00 |
| Long-term debt / equity | 0.04 | 0.06 | 0.14 | 0.11 | 0.02 | 0.00 | 0.00 |
| Interest cover | 0.11 | -7.61 | 72.73 | 67.44 | - | 10.39 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.24 | 0.00 | 0.55 | 1.82 | 1.17 | 1.09 | 0.25 |
| Inventory turnover | 24.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.71 | 0.00 | 0.95 | 2.67 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 2.24 | (0.55) | 1.43 | 0.60 | 0.60 | 2.19 | (0.09) |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.47 | 21.20 | 21.75 | 20.32 | 19.72 | 19.12 | 16.94 |
To see the full year-wise statements and ratios of Kalind Limited, buy the company report.
Board of directors of Kalind Limited
Kalind has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendrabha Becharbhai Jasani | Whole-Time Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Ketanaben Dharmendrabhai Jasani | Additional Director | 05 Dec 2025 | 0 Years 11 Months | Current |
| Ayush Dharmendrabhai Jasani Also directs: Sha Logistics Private Limited, Prasad Earth Movers Private Limited, Kalind Infraproject Limited and 3 more | Managing Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Vishal Shankar Patil Also directs: We Care CSR Foundation | Additional Director | 27 Dec 2025 | 0 Years 10 Months | Current |
| Anand Bhagwan Soman Also directs: River Side Media Private Limited | Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Payal Bafna | Director | 06 Apr 2026 | 0 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2023 | 100814520 | Others | ₹2.5 Cr | Satisfied | |
| 30 May 2023 | 100745399 | Others | ₹22 Cr | Satisfied | |
| 30 Jul 2022 | 100633211 | Others | ₹79.37 Lakh | Satisfied | |
| 30 Mar 2022 | 100562622 | Others | ₹33.99 Lakh | Satisfied | |
| 12 Feb 2001 | 80043356 | Development Credit Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Kalind Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Kalind Limited has 61 deals on record (61 market trades); the latest was in September 2026.
Deals on record (5 of 61)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹5.75 Cr | Buyer: Astron Developers Private Limited , Abhishek Ashvinbhai Kamdar Huf, an individual Seller: Abhishek Ashvinbhai Kamdar Huf, an individual |
| Sep 2026 | Market trade | ₹2.36 Cr | Buyer: Neo Apex Share Broking Services LLP Seller: Neo Apex Share Broking Services LLP |
| Sep 2026 | Market trade | ₹2.49 Cr | Buyer: Neo Apex Share Broking Services LLP Seller: Neo Apex Share Broking Services LLP |
| Aug 2026 | Market trade | ₹4.16 Cr | Buyer: an individual Seller: Onix Renewable Limited , an individual |
| Aug 2026 | Market trade | ₹3.3 Cr | Buyer: Prijal Tradefin LLP Seller: Prijal Tradefin LLP , an individual |
To see the full deal history of Kalind Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kalind Limited has 14 court cases on record: 8 filed by Kalind, 6 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 4 | 0 |
| District courts | 6 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OJA) | Filed against the company by Motorol India Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Motorol (India) Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA DC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Court case (EXE R) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of Kalind 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 Kalind Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kalind has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7410R3Z1 | Maharashtra | Active | 04 Sep 2017 |
To see the full GST registrations and return filing status of Kalind Limited, buy the company report.
Recent activity
Kalind Limited has 31 board changes on record since 2007: 9 appointments and 22 cessations. The latest: Payal Bafna was appointed as Director on 06 Apr 2026.
33 earlier events are in the company report.
News
Frequently asked questions
Kalind is an active public limited company based in Surat, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 April 1994 (32+ years old) and is registered under CIN L77309GJ1994PLC021759. Listed on BSE: 526935.
Kalind reported revenue of ₹79.85 Cr for FY 2025-26 based on consolidated financials.
Kalind has 6 current directors:
- Ayush Dharmendrabhai Jasani - Managing Director
- Dharmendrabha Becharbhai Jasani - Whole-Time Director
- Ketanaben Dharmendrabhai Jasani - Additional Director
- Vishal Shankar Patil - Additional Director
- Anand Bhagwan Soman - Director
- Payal Bafna - Director
The latest financial statements of Kalind on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kalind is 27AAACM7410R3Z1, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Kalind is L77309GJ1994PLC021759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kalind is a listed company as per MCA records. Its shares are listed on BSE (code: 526935).
Kalind has 14 court cases on record: 8 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Kalind was incorporated on 08 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kalind has 61 deals on record (61 market trades); the latest was in September 2026.

