About Kanel Industries Limited
Data last updated: 17 December 2025
Kanel Industries Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in agricultural products distribution, a part of the broader agriculture sector. Incorporated on 29 January 1992, the company has been in operation for over 34 years.
Registered with ROC Ahmedabad under CIN L43299GJ1992PLC017024. Listed on BSE: 500236.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.75 Cr. Formerly known as Kanel Oil and Export Industries Limited. It is led by directors including Bhavin Arvindbhai Mehta and Jasmin Jaykumar Doshi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹51,000, reflecting significant growth compared to the previous year.
As per MCA filings, the company has open charges of ₹69.94 Cr and satisfied charges of ₹85.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanel.in.
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Registered Address1503 Westport, Sindhu Bhavan Road Nr. S P Ring Road Ahmedabad, Daskroi, Gujarat, India – 380059
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IndustryAgriculture, Agro Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Kanel Industries Limited
Kanel Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L43299GJ1992PLC017024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L43299GJ1992PLC017024 | Current |
| L15140GJ1992PLC017024 | Previous |
| U15140GJ1992PLC017024 | Previous |
Board of Directors of Kanel Industries Limited
Kanel Industries Limited is currently managed by 4 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Bhavin Arvindbhai Mehta
Also directs:
Kanel Industries Limited, Mjp Associates Private Limited
|
Director | 23 Jan 2025 | 1 Years 5 Months | Current |
| Jasmin Jaykumar Doshi | Director | 23 Jan 2025 | 1 Years 5 Months | Current |
|
Keyoor Madhusudan Bakshi
Also directs:
Kanel Industries Limited, Ardent Ventures Llp, Gokul Agro Resources Limited and 5 more
|
Cfo | 23 Jan 2025 | 1 Years 5 Months | Current |
|
Harshit Maulinbhai Kachchhi
Also directs:
Kanel Industries Limited, Ardent Ventures Llp, Liladhari Agrind Private Limited and 4 more
|
Director | 25 Oct 2024 | 1 Years 8 Months | Current |
Financials of Kanel Industries Limited FY 2026 filings available
Kanel Industries Limited reported revenue of ₹- (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.23 Lakh | ₹8.29 Lakh | ₹4.03 Lakh | ₹41.9 Cr |
| Other Income | ₹3.06 Lakh | ₹51,000 | ₹20,000 | ₹28,000 | ₹16.16 Lakh | ₹1.2 Lakh | ₹1.2 Lakh | ₹1.15 Lakh |
| Total Income | ₹3.06 Lakh | ₹51,000 | ₹20,000 | ₹28,000 | ₹21.39 Lakh | ₹9.49 Lakh | ₹5.23 Lakh | ₹41.91 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.01 Lakh | ₹1.26 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹7.47 Lakh | ₹0 | ₹41.76 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.98 Lakh | ₹0 | ₹1.97 Lakh | ₹9.95 Lakh |
| Employee Benefit Expense | ₹4.66 Lakh | ₹53,000 | ₹0 | ₹1.65 Lakh | ₹1.3 Lakh | ₹2.58 Lakh | ₹1.2 Lakh | ₹1.62 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹20,400 |
| Depreciation & Amortisation | ₹10.54 Lakh | ₹1.08 Lakh | ₹2.17 Lakh | ₹2.44 Lakh | ₹2.44 Lakh | ₹6.42 Lakh | ₹7.12 Lakh | ₹7.78 Lakh |
| Other Expenses | ₹22.92 Lakh | ₹4.5 Lakh | ₹25.26 Lakh | ₹14.02 Lakh | ₹13.05 Lakh | ₹10.51 Lakh | ₹13.71 Lakh | ₹34.39 Lakh |
| Total Expenses | ₹38.12 Lakh | ₹6.11 Lakh | ₹27.43 Lakh | ₹18.11 Lakh | ₹19.77 Lakh | ₹26.98 Lakh | ₹26.01 Lakh | ₹42.32 Cr |
| Profit Before Exceptional Items & Tax | -₹35.06 Lakh | -₹5.6 Lakh | -₹27.23 Lakh | -₹17.83 Lakh | ₹1.63 Lakh | -₹17.49 Lakh | -₹20.78 Lakh | -₹40.47 Lakh |
| Exceptional Items | -₹12.87 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹47.93 Lakh | -₹5.6 Lakh | -₹27.23 Lakh | -₹17.83 Lakh | ₹1.63 Lakh | -₹17.49 Lakh | -₹20.78 Lakh | -₹40.47 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹47.93 Lakh | -₹5.6 Lakh | -₹27.23 Lakh | -₹17.83 Lakh | ₹1.63 Lakh | -₹17.49 Lakh | -₹20.78 Lakh | -₹40.47 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.2 Lakh |
| Total Comprehensive Income | -₹47.93 Lakh | -₹5.6 Lakh | -₹27.23 Lakh | -₹17.83 Lakh | ₹1.63 Lakh | -₹17.49 Lakh | -₹20.78 Lakh | -₹39.27 Lakh |
| EBITDA (computed) | -₹24.52 Lakh | -₹4.52 Lakh | -₹25.06 Lakh | -₹15.39 Lakh | ₹4.07 Lakh | -₹11.07 Lakh | -₹13.66 Lakh | -₹32.48 Lakh |
| Basic EPS | ₹-0.30 | ₹-0.04 | ₹-0.15 | ₹-0.01 | ₹0.00 | ₹-0.01 | ₹-0.01 | ₹-0.02 |
| Diluted EPS | ₹-0.30 | ₹-0.04 | ₹-0.15 | ₹-0.01 | ₹0.00 | ₹-0.01 | ₹-0.01 | ₹-0.02 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹15.7 Cr | ₹16.36 Cr | ₹5.27 Cr | ₹5.29 Cr | ₹5.51 Cr | ₹12.17 Cr | ₹13.34 Cr | ₹17.49 Cr |
| Non-current Assets | ₹15.62 Cr | ₹16.32 Cr | ₹55.55 Lakh | ₹57.52 Lakh | ₹3.5 Cr | ₹4.94 Cr | ₹71.83 Lakh | ₹1.07 Cr |
| Current Assets | ₹8.16 Lakh | ₹3.45 Lakh | ₹4.72 Cr | ₹4.72 Cr | ₹2 Cr | ₹7.24 Cr | ₹12.63 Cr | ₹16.42 Cr |
| Property, Plant & Equipment | ₹15.45 Cr | ₹16.32 Cr | ₹55.4 Lakh | ₹57.47 Lakh | ₹59.91 Lakh | ₹62.36 Lakh | ₹71.78 Lakh | ₹78.9 Lakh |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.98 Lakh | ₹10.45 Lakh | ₹12.43 Lakh |
| Trade Receivables | ₹15,000 | ₹0 | ₹2.91 Cr | ₹2.91 Cr | ₹0 | ₹2.48 Cr | ₹5.54 Cr | ₹6.4 Cr |
| Cash & Equivalents | ₹1.91 Lakh | ₹3.18 Lakh | ₹1.04 Lakh | ₹1 Lakh | ₹25,400 | ₹25,400 | ₹75,400 | ₹17.37 Lakh |
| Equity (Net Worth) | ₹15.43 Cr | ₹15.91 Cr | -₹7.37 Cr | -₹7.1 Cr | -₹6.92 Cr | -₹6.93 Cr | -₹6.76 Cr | -₹6.55 Cr |
| Equity Share Capital | ₹15.75 Cr | ₹15.75 Cr | ₹18.41 Cr | ₹18.41 Cr | ₹18.41 Cr | ₹18.41 Cr | ₹18.41 Cr | ₹18.41 Cr |
| Borrowings (Non-current) | ₹16.25 Lakh | ₹35.06 Lakh | ₹10.67 Cr | ₹10.61 Cr | ₹3.43 Cr | ₹3.4 Cr | ₹3.4 Cr | ₹3.4 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.44 Cr | ₹0 | ₹5.98 Cr |
| Total Debt (computed) | ₹16.25 Lakh | ₹35.06 Lakh | ₹10.67 Cr | ₹10.61 Cr | ₹3.43 Cr | ₹5.84 Cr | ₹3.4 Cr | ₹9.38 Cr |
| Current Liabilities | ₹11.13 Lakh | ₹10 Lakh | ₹1.97 Cr | ₹86.88 Lakh | ₹1.75 Cr | ₹11.79 Cr | ₹10.5 Cr | ₹20.64 Cr |
| Total Liabilities | ₹27.38 Lakh | ₹45.06 Lakh | ₹12.64 Cr | ₹12.39 Cr | ₹12.42 Cr | ₹19.11 Cr | ₹20.1 Cr | ₹24.04 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹29.36 Lakh | -₹42.94 Lakh | -₹5.56 Lakh | -₹14.14 Lakh | -₹71.95 Lakh |
| Investing Cash Flow | ₹64.2 Lakh | ₹10.77 Lakh | -₹10,000 | ₹0 | ₹0 |
| Financing Cash Flow | -₹36.1 Lakh | ₹35.06 Lakh | ₹5.7 Lakh | -₹5.6 Lakh | ₹91.5 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹10,000 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹29.36 Lakh | -₹42.94 Lakh | -₹5.66 Lakh | -₹14.14 Lakh | -₹71.95 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.26 Lakh | ₹2.89 Lakh | ₹4,000 | -₹19.74 Lakh | ₹19.55 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹13,000 | ₹0 | ₹2.83 Lakh | ₹10,000 | ₹51,000 | ₹0 | ₹0 | ₹0 |
| Total Income | ₹13,000 | ₹0 | ₹2.83 Lakh | ₹10,000 | ₹51,000 | ₹0 | ₹0 | ₹0 |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.14 Lakh | ₹1.28 Lakh | ₹1.16 Lakh | ₹1.08 Lakh | ₹53,000 | ₹0 | ₹0 | ₹0 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹5.27 Lakh | ₹0 | ₹5.27 Lakh | ₹0 | ₹60,000 | ₹48,000 | ₹48,000 | ₹48,000 |
| Other Expenses | -₹21.63 Lakh | ₹7.85 Lakh | ₹30.22 Lakh | ₹6.49 Lakh | ₹3.24 Lakh | ₹1.26 Lakh | ₹5,000 | ₹2,000 |
| Total Expenses | -₹15.22 Lakh | ₹9.13 Lakh | ₹36.65 Lakh | ₹7.57 Lakh | ₹4.37 Lakh | ₹1.74 Lakh | ₹53,000 | ₹50,000 |
| Profit Before Exceptional Items & Tax | ₹15.35 Lakh | -₹9.13 Lakh | -₹33.82 Lakh | -₹7.47 Lakh | -₹3.86 Lakh | -₹1.74 Lakh | -₹53,000 | -₹50,000 |
| Exceptional Items | -₹12.87 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.48 Lakh | -₹9.13 Lakh | -₹33.82 Lakh | -₹7.47 Lakh | -₹3.86 Lakh | -₹1.74 Lakh | -₹53,000 | -₹50,000 |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹2.48 Lakh | -₹9.13 Lakh | -₹33.82 Lakh | -₹7.47 Lakh | -₹3.86 Lakh | -₹1.74 Lakh | -₹53,000 | -₹50,000 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹2.48 Lakh | -₹9.13 Lakh | -₹33.82 Lakh | -₹7.47 Lakh | -₹3.86 Lakh | -₹1.74 Lakh | -₹53,000 | -₹50,000 |
| EBITDA (computed) | ₹20.62 Lakh | -₹9.13 Lakh | -₹28.55 Lakh | -₹7.47 Lakh | -₹3.26 Lakh | -₹1.26 Lakh | -₹5,000 | -₹2,000 |
| Basic EPS | ₹0.02 | ₹-0.06 | ₹-0.18 | ₹-0.05 | ₹-0.03 | ₹-0.01 | ₹0.00 | ₹-0.03 |
| Diluted EPS | ₹0.02 | ₹-0.06 | ₹-0.18 | ₹-0.05 | ₹-0.03 | ₹-0.01 | ₹0.00 | ₹-0.03 |
Charges & Borrowings of Kanel Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 1998 | Dena Bank | ₹65.75 Cr | Open |
| 23 Dec 1997 | Dena Bank | ₹2 Cr | Open |
| 01 Aug 1997 | Dena Bank | ₹2 Cr | Open |
| 10 Oct 1996 | Anz Grindlays Bank | ₹18.7 Lakh | Open |
| 30 Dec 2006 | Kotak Mahindra Bank Ltd. | ₹2 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Kanel Industries Limited
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Employee Count & EPFO Data of Kanel Industries Limited
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GST Compliance of Kanel Industries Limited
GSTIN & GST Filing Data of Kanel Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Kanel Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Kanel Industries Limited
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MSME Payment Delays by Kanel Industries Limited
MSME Payment Delays by Kanel Industries Limited
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Subsidiaries & Group Companies of Kanel Industries Limited
Subsidiaries & Group Companies of Kanel Industries Limited
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MCA Filings & Documents of Kanel Industries Limited
MCA Filings & Documents of Kanel Industries Limited
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Recent Activity on Kanel Industries Limited
Frequently Asked Questions about Kanel Industries Limited
Kanel Industries Limited is an active public limited company in the agriculture sector based in Daskroi, Gujarat, India. It was incorporated on 29 January 1992 (34+ years old) and is registered under CIN L43299GJ1992PLC017024. Listed on BSE: 500236.
Kanel Industries Limited reported revenue of ₹51,000 for FY 2025 (up 155.00% YoY).
The current directors of Kanel Industries Limited are:
The primary industry of Kanel Industries Limited is agriculture. The company specifically operates in agro retail and distribution. The company is currently active in this sector.
Yes. Kanel Industries Limited is listed on BSE with code 500236.
Kanel Industries Limited can be reached at the registered office: 1503 Westport, Sindhu Bhavan Road Nr. S P Ring Road Ahmedabad, Daskroi, Gujarat, India – 380059, or through the website kanel.in.