- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-18-0003468

About Crackers India(Alloys) Limited
Data last updated:
Crackers India(Alloys) Limited is a public limited company based in Keonjhar, Odisha, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 25 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27104OR2002PLC006979. Its GSTIN is 21AACCC2846D1ZA (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹27.44 Cr. It was formerly known as Crackers India(Alloys) Private Limited. It is led by directors including Ajit Kumar Rath (Managing Director) and Jayachandran Pillai Jayakrishnan.
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 Station Road Barbil, Keonjhar, Odisha, India – 758035.
As per the financials filed for FY 2025, the company reported a revenue of ₹232.06 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.32 Cr (net margin 3.6%) and EBITDA of ₹27.3 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹180.56 Cr and satisfied charges of ₹53.79 Cr on record. Court records list 15 cases involving the company, including 7 filed by the company and 8 filed against it; 2 cases are pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹24.55 Cr; the latest was in March 2024. Its 7 peer companies in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Dyna Roof Private Limited with revenue of ₹233.04 Cr.
Crackers India(Alloys) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-18-0003468). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupkashvi.com.
Company details
CIN history
Crackers India(Alloys) has one previous CIN (Corporate Identification Number): U27104OR2002PTC006979. The current CIN is U27104OR2002PLC006979, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104OR2002PLC006979 | Current |
| U27104OR2002PTC006979 | Previous |
Recognitions & Rankings of Crackers India(Alloys)
Contact details
Crackers India(Alloys) Limited's registered office is in Keonjhar, Odisha. Its website is groupkashvi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressStation Road Barbil, Keonjhar, Odisha, India – 758035
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Crackers India(Alloys) Limited, buy the company report.
- 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
Business activity
The main business activity of Crackers India(Alloys) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Crackers India(Alloys) Limited, buy the company report.
Financials of Crackers India(Alloys) Limited
FY 2024 filings availableCrackers India(Alloys) Limited reported revenue of ₹232.06 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 27% 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 |
|---|---|---|---|---|---|
| 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 | ₹27.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.32 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Crackers India(Alloys) Limited, buy the company report.
Board of directors of Crackers India(Alloys) Limited
Crackers India(Alloys) has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayachandran Pillai Jayakrishnan Also directs: The World Biotech Private Limited, Crackers India Mining Private Limited, Crackers India Infrastructure Limited and 5 more | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
| Sophina Sahoo Also directs: The World Biotech Private Limited, Crackers India Mining Private Limited, Crackers India Infrastructure Limited and 5 more | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
| Ajit Kumar Rath | Managing Director | 01 Jun 2020 | 6 Years 5 Months | Current |
| Sonal Sahoo Also directs: The World Biotech Private Limited, Crackers India Mining Private Limited, Crackers India Infrastructure Limited and 5 more | Director | 22 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Crackers India(Alloys) Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dyna Roof Private Limited | ₹233.04 Cr (FY 2025) | -6.0% | Ribhoi, Meghalaya, India | |||
| Shri Balaji Multimetals Private Limited | ₹232.9 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Nevatia Steel and Alloys Pvt Ltd | ₹232.51 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Crackers India(Alloys) Limitedthis company | ₹232.06 Cr (FY 2025) | ₹8.32 Cr | 3.6% | -10.0% | Keonjhar, Odisha, India | |
| Timexbond Industries Private Limited | ₹232.06 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Brijbihari Concast Limited | ₹231.84 Cr (FY 2024) | 0.0% | Delhi, India | |||
| Janki Metal Strips Limited | ₹231.54 Cr (FY 2025) | 107.0% | Ahmedabad, Gujarat, India | |||
| Suvidhi Ispat Private Limited | ₹231.38 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Crackers India(Alloys) Limited, buy the company report.
Auditor
Crackers India(Alloys) Limited is audited by SOURJYA & BISWAJIT for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOURJYA & BISWAJIT | FY 2021 | 322779E |
Shareholding
The shareholding of Crackers India(Alloys) Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Crackers India(Alloys) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2025 | 101145182 | Hdfc Bank Limited | ₹10.24 Lakh | Open | |
| 26 Dec 2024 | 101048028 | Hdfc Bank Limited | ₹21.19 Lakh | Open | |
| 26 Dec 2024 | 101034967 | Others | ₹5 Cr | Open | |
| 26 Dec 2024 | 101034950 | Others | ₹24 Cr | Open | |
| 17 Dec 2024 | 101018898 | Yes Bank Limited | ₹50 Cr | Open |
To see the full charge records of Crackers India(Alloys) Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Crackers India(Alloys) Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹24.55 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kashvi International Private Limited |
| Mar 2022 | Funding round | ₹9.42 Cr | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Kashvi International Private Limited Seller: 2 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: World Hotels Private Limited , The World Biotech Private Limited Seller: Vibgyor Vinimay Private Limited , Prabhudhan Travels Private Limited, Shubhakamna Sales Private Limited |
| Mar 2007 | Funding round | ₹3.88 Cr | Investors: Arch Vyapaar Private Limited , Vibgyor Vinimay Private Limited , 2 individuals |
To see the full deal history of Crackers India(Alloys) 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
Crackers India(Alloys) Limited has 15 court cases on record: 7 filed by Crackers India(Alloys), 8 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 1 |
| High courts | 7 | 3 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against Reliance Industries Ltd., and 4 others | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against M/S.Reliance Industries Ltd.(Petroleum Div.) and 4 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Disposed |
| High Court | Court case (APO) | Filed by the company against Divya Jyoti Sponge Iron Private Limited | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of: Divya Jyoti Sponge Iron Pvt. Ltd. -and- | Disposed |
To see the full case history of Crackers India(Alloys) 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.
Credit ratings & regulatory alerts
Crackers India(Alloys) Limited was last rated by Crisil on 10 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Nov 2020 |
To see the full credit ratings and regulatory alerts of Crackers India(Alloys) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Crackers India(Alloys) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Crackers India(Alloys) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ipi Steel Ltd | U27101OR1983PLC001173 |
To see the full group structure of Crackers India(Alloys) Limited, buy the company report.
GST
Crackers India(Alloys) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCC2846D1ZA | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crackers India(Alloys) Limited, buy the company report.
Recent activity
Crackers India(Alloys) Limited has 21 board changes on record since 2006: 4 appointments and 17 cessations. The latest: Jayachandran Pillai Jayakrishnan was appointed as Director on 18 Aug 2023.
39 earlier events are in the company report.
Frequently asked questions
Crackers India(Alloys) is an active public limited company based in Keonjhar, Odisha, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 25 November 2002 (24+ years old) and is registered under CIN U27104OR2002PLC006979.
Crackers India(Alloys) has 4 current directors:
- Ajit Kumar Rath - Managing Director
- Jayachandran Pillai Jayakrishnan - Director
- Sophina Sahoo - Director
- Sonal Sahoo - Director
The latest financial statements of Crackers India(Alloys) 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 Crackers India(Alloys) is 21AACCC2846D1ZA, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Crackers India(Alloys) is U27104OR2002PLC006979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crackers India(Alloys) has 15 court cases on record: 7 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Crackers India(Alloys) was incorporated on 25 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Cuttack.
Crackers India(Alloys) has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹24.55 Cr; the latest was in March 2024.
The peers of Crackers India(Alloys) by revenue are Dyna Roof Private Limited, Shri Balaji Multimetals Private Limited, Nevatia Steel and Alloys Pvt Ltd, Timexbond Industries Private Limited, Brijbihari Concast Limited and 2 more, all in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials, Steel), with the same principal business activity (metal and metal products).
Jayachandran Pillai Jayakrishnan was appointed as Director on 18 Aug 2023. Sophina Sahoo was appointed as Director on 18 Aug 2023. Jayachandran Pillai Jayakrishnan ceased to be Director on 06 Mar 2023. Crackers India(Alloys) has 21 board changes on record in total.
Yes, Crackers India(Alloys) is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-18-0003468).

