Kalind Limited - financial services in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN L77309GJ1994PLC021759 Incorporated 08 April 1994 ROC Ahmedabad HQ Surat, Gujarat, India
Active Listed - BSE: 526935 Public Limited Company financial services
Data last updated
Market Cap
₹372 Cr
KALIND · BSE
Share Price
₹4.00
-1.72% today
Revenue
₹79.85 Cr
FY 2025-26
EBITDA
₹38.75 Cr
Margin 48.5%
Net Profit
₹27.23 Cr
FY 2025-26
P/E (TTM)
6.7x
P/B 1.5x
ROE
25.0%
ROCE 32.0%
Debt / Equity
0.05
Interest cover 0.5x

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

CIN L77309GJ1994PLC021759
Registration Number 021759
Incorporation Date 08 April 1994
ROC Ahmedabad
Listing Status Listed - Listed on BSE (526935)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Kalind has undergone 4 name changes throughout its history. The current legal name is Kalind Limited.

Company NameStatus
Kalind LimitedCurrent
Arunis Realtors LimitedPrevious
Arunis Abode LimitedPrevious
M B Parikh Finstocks LimitedPrevious

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.

CINStatus
L77309GJ1994PLC021759Current
L70100GJ1994PLC021759Previous
L65910GJ1994PLC021759Previous

Contact details

Kalind Limited's registered office is in Surat, Gujarat.

  • Registered Address
    Fourth Floor Office No 404, White Pearls Near Galaxy, Surat, Gujarat, India – 395009
  • Industry
    Financial Services, Diversified Financial Services
Comprehensive company report
Kalind 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

Kalind operates two associated brands: MB Parikh Finstocks and Arunis. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL2Real 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 available

Kalind Limited reported revenue of ₹79.85 Cr for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹79.85 Cr
EBITDA
₹38.75 Cr
+5005.1% YoY
Profit After Tax
₹27.23 Cr
- YoY
Net Worth
₹212 Cr
+3249.7% YoY
Total Assets
₹222 Cr
+3011.5% YoY
Total Debt
₹9.84 Cr
+1130.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue79.850.001.223.441.54
Revenue growth--100.0%-64.5%+123.4%-
EBITDA38.75(0.79)0.610.560.02
EBITDA margin+48.5%-+50.0%+16.3%+1.3%
Profit before tax36.36(0.47)0.600.380.24
Net profit27.23(0.11)0.401.010.18
Net profit margin+34.1%-+32.8%+29.4%+11.7%
EPS (₹)2.85(0.51)1.310.570.57
Balance sheet
Total assets2227.127.359.547.60
Net worth2126.326.476.085.91
Total debt9.840.800.873.461.69
Cash & bank7.520.030.050.051.15
Net working capital1376.231.862.500.75
Cash flow
Cash from operations(86.51)(0.77)4.551.87(5.28)
Cash from investing(93.02)0.90(1.65)(4.44)3.45
Cash from financing187(0.15)(2.91)1.771.39
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue88.2035.0633.1115.0917.9713.600.000.00
Revenue growth (YoY)+390.8%+157.8%------
Other income0.420.301.210.620.240.560.190.11
EBITDA34.6822.0018.024.3011.455.72(0.15)(0.33)
EBITDA margin+39.3%+62.7%+54.4%+28.5%+63.7%+42.1%--
Depreciation4.863.671.761.260.480.000.010.03
Interest0.030.02(2.47)0.000.010.020.010.01
Profit before tax30.2118.6119.943.6611.206.260.02(0.26)
Tax7.003.954.951.201.960.93(0.20)(0.08)
Net profit23.2114.6614.992.469.245.330.22(0.18)
EPS (₹)1.261.201.570.483.0817.750.72(0.65)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue75.360.001.223.441.541.120.27
Revenue growth--100.0%-64.5%+123.4%+37.5%+314.8%-
EBITDA37.42(0.78)0.620.570.040.79(0.25)
EBITDA margin+49.7%-+50.8%+16.6%+2.6%+70.5%-92.6%
Profit before tax36.46(0.50)0.570.390.260.690.08
Net profit27.31(0.14)0.431.030.200.65(0.23)
Net profit margin+36.2%-+35.3%+29.9%+13.0%+58.0%-85.2%
EPS (₹)2.85(0.55)1.430.600.602.19(0.09)
Balance sheet
Total assets2237.157.409.557.615.745.08
Net worth2136.366.536.105.925.745.08
Total debt9.780.800.873.461.690.000.00
Cash & bank6.760.030.040.021.011.300.02
Net working capital1296.231.852.470.611.150.65
Cash flow
Cash from operations(87.29)(0.78)4.471.88(5.26)0.71(0.33)
Cash from investing(94.24)0.92(1.55)(4.34)3.290.570.29
Cash from financing188(0.15)(2.91)1.651.510.000.00
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue87.9834.9130.3114.9116.5413.600.000.00
Revenue growth (YoY)+431.9%+156.7%------
Other income0.000.000.520.140.290.480.160.11
Total expenses53.2012.7013.2610.296.517.880.150.33
EBITDA34.7822.2117.054.6210.035.72(0.15)(0.33)
EBITDA margin+39.5%+63.6%+56.3%+31.0%+60.6%+42.1%--
Depreciation4.363.171.370.550.430.000.010.03
Interest0.030.020.010.000.010.020.010.01
Profit before tax30.3919.0216.194.219.886.18(0.01)(0.26)
Tax7.173.985.411.191.630.93(0.20)(0.08)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue88.2035.0633.1115.0917.9713.600.000.00
Revenue growth (YoY)+390.8%+157.8%------
Other income0.420.301.210.620.240.560.190.11
EBITDA34.6822.0018.024.3011.455.72(0.15)(0.33)
EBITDA margin+39.3%+62.7%+54.4%+28.5%+63.7%+42.1%--
Depreciation4.863.671.761.260.480.000.010.03
Interest0.030.02(2.47)0.000.010.020.010.01
Profit before tax30.2118.6119.943.6611.206.260.02(0.26)
Tax7.003.954.951.201.960.93(0.20)(0.08)
Net profit23.2114.6614.992.469.245.330.22(0.18)
EPS (₹)1.261.201.570.483.0817.750.72(0.65)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue79.850.001.223.441.54
Revenue growth--100.0%-64.5%+123.4%-
Other income2.980.520.490.260.27
Total expenses41.100.790.612.881.52
Employee cost0.000.120.110.280.16
EBITDA38.75(0.79)0.610.560.02
EBITDA margin+48.5%-+50.0%+16.3%+1.3%
Depreciation5.200.130.180.140.04
Interest0.170.070.320.300.01
Profit before tax36.36(0.47)0.600.380.24
Tax9.13(0.33)0.140.210.06
Net profit27.23(0.11)0.401.010.18
Net profit margin+34.1%-+32.8%+29.4%+11.7%
EPS (₹)2.85(0.51)1.310.570.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital1223.003.003.003.00
Reserves & surplus89.813.323.473.082.91
Shareholders' funds (net worth)2126.326.476.085.91
Minority interest0.000.000.000.000.00
Secured loans0.000.000.002.440.34
Unsecured loans9.840.800.871.021.35
Total debt9.840.800.873.461.69
Total liabilities2227.127.359.547.60
Assets
Gross block62.411.742.182.241.53
Net block55.490.011.861.991.39
Capital work in progress0.000.000.000.000.00
Investments0.000.063.885.145.45
Inventories6.250.000.000.000.00
Sundry debtors48.790.000.002.580.00
Cash & bank balances7.520.030.050.051.15
Loans & advances92.046.252.120.142.12
Total current assets1556.282.172.773.27
Total current liabilities17.160.050.310.272.52
Net working capital1376.231.862.500.75
Total assets2227.127.359.547.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash0.030.050.050.851.30
Net cash from operating activities(86.51)(0.77)4.551.87(5.28)
Net cash from investing activities(93.02)0.90(1.65)(4.44)3.45
Net cash from financing activities187(0.15)(2.91)1.771.39
Net change in cash7.49(0.02)(0.01)(0.80)(0.45)
Closing cash7.520.030.050.051.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 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 / equity0.050.130.350.430.29
Long-term debt / equity0.050.060.140.110.05
Interest cover0.54-7.5374.4271.43-50.00
Efficiency & per share
Fixed asset turnover2.490.000.551.821.01
Inventory turnover25.550.000.000.000.00
Debtors turnover3.270.000.952.670.00
EPS (₹)2.23(0.51)1.310.570.57
Dividend per share (₹)1.000.000.000.000.00
Book value per share (₹)17.3721.0721.5820.2719.69
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue87.9834.9130.3114.9116.5413.600.000.00
Revenue growth (YoY)+431.9%+156.7%------
Other income0.000.000.520.140.290.480.160.11
Total expenses53.2012.7013.2610.296.517.880.150.33
EBITDA34.7822.2117.054.6210.035.72(0.15)(0.33)
EBITDA margin+39.5%+63.6%+56.3%+31.0%+60.6%+42.1%--
Depreciation4.363.171.370.550.430.000.010.03
Interest0.030.020.010.000.010.020.010.01
Profit before tax30.3919.0216.194.219.886.18(0.01)(0.26)
Tax7.173.985.411.191.630.93(0.20)(0.08)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue75.360.001.223.441.541.120.27
Revenue growth--100.0%-64.5%+123.4%+37.5%+314.8%-
Other income1.430.480.450.250.270.000.38
Total expenses37.940.780.602.871.500.330.52
Employee cost0.000.120.110.280.160.100.09
EBITDA37.42(0.78)0.620.570.040.79(0.25)
EBITDA margin+49.7%-+50.8%+16.6%+2.6%+70.5%-92.6%
Depreciation2.350.130.180.140.040.020.05
Interest0.040.070.320.290.010.080.00
Profit before tax36.46(0.50)0.570.390.260.690.08
Tax9.15(0.33)0.140.210.060.040.09
Net profit27.31(0.14)0.431.030.200.65(0.23)
Net profit margin+36.2%-+35.3%+29.9%+13.0%+58.0%-85.2%
EPS (₹)2.85(0.55)1.430.600.602.19(0.09)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital1223.003.003.003.003.003.00
Reserves & surplus91.073.363.533.102.922.742.08
Shareholders' funds (net worth)2136.366.536.105.925.745.08
Secured loans0.000.000.002.440.340.000.00
Unsecured loans9.780.800.871.021.350.000.00
Total debt9.780.800.873.461.690.000.00
Total liabilities2237.157.409.557.615.745.08
Assets
Gross block46.520.022.182.241.531.100.95
Net block44.170.001.861.991.391.000.88
Capital work in progress0.000.000.000.000.000.000.00
Investments49.180.123.955.195.603.761.62
Inventories6.250.000.000.000.000.000.00
Sundry debtors40.680.000.002.580.000.000.00
Cash & bank balances6.760.030.040.021.011.300.02
Loans & advances91.446.252.110.142.120.010.66
Total current assets1456.282.152.743.131.310.68
Total current liabilities15.730.050.300.272.520.160.03
Net working capital1296.231.852.470.611.150.65
Total assets2237.157.409.557.615.745.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.030.040.020.831.300.020.06
Net cash from operating activities(87.29)(0.78)4.471.88(5.26)0.71(0.33)
Net cash from investing activities(94.24)0.92(1.55)(4.34)3.290.570.29
Net cash from financing activities188(0.15)(2.91)1.651.510.000.00
Net change in cash6.73(0.01)0.02(0.81)(0.46)1.28(0.04)
Closing cash6.760.030.040.021.011.300.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.050.130.340.430.140.000.00
Long-term debt / equity0.040.060.140.110.020.000.00
Interest cover0.11-7.6172.7367.44-10.390.00
Efficiency & per share
Fixed asset turnover3.240.000.551.821.171.090.25
Inventory turnover24.120.000.000.000.000.000.00
Debtors turnover3.710.000.952.670.000.000.00
EPS (₹)2.24(0.55)1.430.600.602.19(0.09)
Dividend per share (₹)1.000.000.000.000.000.000.00
Book value per share (₹)17.4721.2021.7520.3219.7219.1216.94

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Dharmendrabha Becharbhai JasaniWhole-Time Director30 Apr 20251 Years 6 MonthsCurrent
Ketanaben Dharmendrabhai JasaniAdditional Director05 Dec 20250 Years 11 MonthsCurrent
Ayush Dharmendrabhai JasaniManaging Director30 Apr 20251 Years 6 MonthsCurrent
Vishal Shankar PatilAdditional Director27 Dec 20250 Years 10 MonthsCurrent
Anand Bhagwan SomanDirector30 Apr 20251 Years 6 MonthsCurrent
Payal BafnaDirector06 Apr 20260 Years 7 MonthsCurrent

Charges & borrowings

Open charges
₹21.63 Cr
Satisfied charges
₹26.03 Cr
Breakdown by lending institutions
Others₹25.63 Cr
Development Credit Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Oct 2023100814520Others₹2.5 CrSatisfied
30 May 2023100745399Others₹22 CrSatisfied
30 Jul 2022100633211Others₹79.37 LakhSatisfied
30 Mar 2022100562622Others₹33.99 LakhSatisfied
12 Feb 200180043356Development Credit Bank Limited₹40 LakhSatisfied

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.

Total deals
61
Market trades
61

Deals on record (5 of 61)

WhenDealAmountParties
Sep 2026Market trade₹5.75 CrBuyer: Astron Developers Private Limited , Abhishek Ashvinbhai Kamdar Huf, an individual
Seller: Abhishek Ashvinbhai Kamdar Huf, an individual
Sep 2026Market trade₹2.36 CrBuyer: Neo Apex Share Broking Services LLP
Seller: Neo Apex Share Broking Services LLP
Sep 2026Market trade₹2.49 CrBuyer: Neo Apex Share Broking Services LLP
Seller: Neo Apex Share Broking Services LLP
Aug 2026Market trade₹4.16 CrBuyer: an individual
Seller: Onix Renewable Limited , an individual
Aug 2026Market trade₹3.3 CrBuyer: 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.

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.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACM7410R3Z1MaharashtraActive04 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.

Appointed
Payal Bafna was appointed as Director.
Filing
Kalind Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Vishal Shankar Patil was appointed as Additional Director.
Appointed
Ketanaben Dharmendrabhai Jasani was appointed as Additional Director.
Appointed
Gaurav Rajendra Luthra was appointed as Director.
AGM
Kalind Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 04 Oct 2023 via Charge ID 100814520 with Others was fully satisfied on 17 Jun 2025.
Charges
A charge registered on 30 May 2023 via Charge ID 100745399 with Others was fully satisfied on 17 Jun 2025.
Ceased
Anand Bhagwan Soman ceased to be Additional Director.
Ceased
Ayush Dharmendrabhai Jasani ceased to be Additional Director.
Ceased
Dharmendrabha Becharbhai Jasani ceased to be Additional Director.
Ceased
Sanam Kashinath Umbargikar ceased to be Additional Director.

33 earlier events are in the company report.

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:

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.