About KRYFS
KRYFS is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1993 by Saif Qureishi, and was acquired by Zetwerk in August 2025. Single- and three-phase transformers are manufactured in Mumbai. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 618 employees. KRYFS was last valued at $80.06 million in November 2013. Its chief executive, as recorded, is Saif Qureishi. Its Indian entity Kryfs Power Components Limited reported revenue of ₹1,269 Cr. KRYFS offers products and services including CRGO Lamination and Transformers. Its focus areas include Industrial Goods and Manufacturing, Manufacturing Services, Energy and Transformers.
Company details
KRYFS was established in 1993 in Mumbai, India, by Saif Qureishi, who serves as founder, managing director, and CEO. Operations focus on the production of single-phase and three-phase transformers within the electrical equipment sector. Manufacturing activities are centered in Mumbai, supporting industrial and commercial applications across India. The company maintains a specialized role in transformer design and assembly, adhering to standard industry specifications.
- Headquarters Mumbai, India
- Employees 618
- Founders Saif Qureishi
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website kryfs.com
- Social LinkedIn Facebook
- Acquired by Zetwerk (Aug 2025)
- Legal Name Kryfs Power Components Ltd
- Date of Incorporation 05 Mar, 1991
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of KRYFS
KRYFS operates through Kryfs Power Components Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kryfs Power Components Limited CIN U25209MH1991PLC060602 | Active | 05 Mar 1991 | Mumbai, Maharashtra | ₹1,269 Cr | 618 | 9 | View details |
Products & Services of KRYFS
KRYFS offers a comprehensive portfolio of products and services, including CRGO Lamination and Transformers.
CRGO laminations are produced for transformers ranging from 11 KV to 1200 KV class, including slit coils and assembled cores up to 50 MT
Transformers are manufactured for distribution and medium power applications up to 10 MVA and 33 KV class, along with core and coil assemblies
Funding Insights of KRYFS
- Total Rounds 3
- Last Round Unspecified — $4.76M
- First Round $10.07M
(Dec 2006)
- Investors Count 2
All 3 funding rounds of KRYFS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2013 | $4.76M | Unspecified | $80.06M | Toyota Tsusho | – |
| May 2012 | $7.83M | Unspecified | $78.99M | Toyota Tsusho | – |
| Dec 2006 | $10.07M | Unspecified | $••••• | Reliance Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2013 | $80.06M | •••••••• |
| May 2012 | $78.99M | •••••••• |
| Dec 2006 | $••••• | •••••••• |
Full valuation and stage history of KRYFS
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Last known valuation $80.06M (Nov 2013). 3 investors in total: 3 institutional.
Investors in KRYFS
KRYFS has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Zetwerk, Reliance Capital and Toyota Tsusho.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Trading services in metals, parts, logistics, and automobiles are provided. | 1936 | toyota-tsusho.com | Nagoya, Japan | |
Financial services including loans, insurance, and asset management are provided. | 1986 | reliancecapital.co.in | Mumbai, India | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | zetwerk.com | Bengaluru, India |
Investor details for KRYFS
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Board of directors of Kryfs Power Components Limited (KRYFS)
Kryfs Power Components Limited is the primary company behind KRYFS. The board of Kryfs Power Components Limited currently have 8 directors; the longest-serving is Saifuddin Fakhruddin Qureishi, appointed in 2011. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saifuddin Fakhruddin Qureishi DIN 00098955 | Managing Director | 01 Aug 2011 | 15 yrs 3 mo | Kryfs Power Components Limited |
| Jayant Govindrao Kulkarni DIN 00348942 | Director | 05 Sep 2022 | 4 yrs 2 mo | Kryfs Power Components Limited |
| Srinath Ramakkrushnan DIN 07596310 | Nominee Director | 30 Jul 2025 | 1 yr 3 mo | Kryfs Power Components Limited |
| Manish Agarwal DIN 09788042 | Nominee Director | 30 Jul 2025 | 1 yr 3 mo | Kryfs Power Components Limited |
| Amrit Pratik Acharya DIN 08132431 | Nominee Director | 30 Jul 2025 | 1 yr 3 mo | Kryfs Power Components Limited |
| Ankit Fatehpuria DIN 09460111 | Nominee Director | 30 Jul 2025 | 1 yr 3 mo | Kryfs Power Components Limited |
| Anita Rahul Shantaram DIN 00786517 | Director | 04 Sep 2025 | 1 yr 2 mo | Kryfs Power Components Limited |
| Yoshinori Yamamoto DIN 03049117 | Nominee Director | 10 Dec 2025 | 10 mo | Kryfs Power Components Limited |
People of KRYFS
6 people are tracked at KRYFS (2 in leadership, 4 in team); the tracked headcount is 618.
| Name | Role | Group |
|---|---|---|
Saif Qureishi | Founder & Managing Director & CEO | Leadership |
Alosh Kumar | General Manager Information Technology | Leadership |
Abid Shaikh | Senior Business Development Manager | Team |
Chita Ranjan Dash | Human Resources Manager | Team |
Rakesh Bhamare | Full-stack Developer | Team |
Javid Rathod | Assistant Manager Human Resources | Team |
Complete people profiles for KRYFS
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Financials of KRYFS
Figures of Kryfs Power Components Limited, the primary company behind KRYFS, for FY 2025. Revenue was ₹1,269 Cr (+27% year on year). Net profit was ₹79.19 Cr (5% margin). EBITDA was ₹132 Cr (9% margin). Revenue has grown at a compounded annual rate of +35% over three years and +21% over five years.
- ₹1,269 CrRevenue · FY 2025 · +27% YoY
- ₹79.19 CrNet profit · 5% margin
- ₹132 CrEBITDA · 9% margin
- ₹8.85 CrPaid-up capital
- 618Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kryfs Power Components Limited are on its company page.
Detailed financial statements for KRYFS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of KRYFS
5 dated milestones of KRYFS across 32 years, from founding to its latest funding, stage changes and deals.
- Founded KRYFS is founded.
- Funding First funding round of $10.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $4.8M.
- Exit Acquired by Zetwerk.
Web traffic of KRYFS
The website of KRYFS (kryfs.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 55.3% vs previous month
Websites whose visitors overlap most with KRYFS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
joshielectronics.com | joshielectronics.com | 100% | – | ||
transformercore.com | transformercore.com | 97% | – | ||
transformers.uk.com | transformers.uk.com | 89% | – | ||
transproco.com | transproco.com | 89% | – | ||
amermag.com | amermag.com | 89% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for KRYFS
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- 21 similar websites
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Verified entity values are shown only after access is granted.
Top companies in Contract & Outsourced Manufacturing
2 companies that operate in the same segment as KRYFS (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Kryfs
Complete news archive for KRYFS
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Articles about KRYFS on our blog
Frequently Asked Questions about KRYFS
KRYFS was founded in 1993 and raised its 1st funding round 13 years after it was founded.
KRYFS is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Saif Qureishi is the CEO of KRYFS, as recorded in our data. They have also founded this company.
KRYFS has 618 employees.
The primary company behind KRYFS, Kryfs Power Components Limited, reported revenue of ₹1,269 Cr for FY 2025, up 27% year on year.
KRYFS was established in 1993 in Mumbai, India, by Saif Qureishi, who serves as founder, managing director, and CEO. Operations focus on the production of single-phase and three-phase transformers within the electrical equipment sector. Manufacturing activities are centered in Mumbai, supporting industrial and commercial applications across India. The company maintains a specialized role in transformer design and assembly, adhering to standard industry specifications.
KRYFS offers CRGO Lamination and Transformers.
KRYFS has 3 investors. Key investors include Zetwerk, Reliance Capital, and Toyota Tsusho.
The valuation of KRYFS is $80.06M as of Nov 2013.
KRYFS operates through Kryfs Power Components Limited.
Yes. KRYFS was acquired by Zetwerk in August 2025.
The legal entities of KRYFS currently have 9 directors, including Pooja Ramesh Bangera, Jayant Govindrao Kulkarni, Saifuddin Fakhruddin Qureishi and others.