Kanex Fire Solutions Limited

Kanex Fire Solutions Limited - machinery and equipment in Sihor, Gujarat, India. FY 2026 financials & compliance.
CIN U24111GJ1986PLC008699 Incorporated 30 May 1986 ROC Ahmedabad HQ Sihor, Gujarat, India
Active Public Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹192.51 Cr
▲ 19% YoY
Net profit · FY 2025
₹26.63 Cr
Net margin 13.8%
EBITDA · FY 2025
₹37.82 Cr
EBITDA margin 19.6%
Authorised capital
₹26.5 Lakh
Registered with MCA
Paid-up capital
₹26.32 Lakh
Issued & subscribed
Open charges
₹10.8 Cr
Satisfied ₹22.99 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
125
Provident fund records

About Kanex Fire Solutions Limited

Data last updated:

Kanex Fire Solutions Limited is a public limited company based in Sihor, Gujarat, India. It operates in the fire safety and firefighting equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 May 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24111GJ1986PLC008699. Its GSTIN is 24AACCK4417C1Z3 (Gujarat). The company holds 8 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹26.5 Lakh and a paid-up capital of ₹26.32 Lakh. It was formerly known as Kanex Fire Solution Private Limited and Kanadia Fyr Fyter Private Limited. It is led by directors including Amit Chandulal Shah and Nilesh Chandulal Kanadia.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.7 – 8 Paras Industrial Estate Near Garibsha Pir Dargah, Sihor, Gujarat, India – 364240.

As per the financials filed for FY 2025, the company reported a revenue of ₹192.51 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹26.63 Cr (net margin 13.8%) and EBITDA of ₹37.82 Cr (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 19% over five years.

The company has about 125 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.8 Cr and satisfied charges of ₹22.99 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.82 Cr; the latest was in March 2022. The company has 2 MSME Form 1 returns on record between 2019 and 2024, listing 25 overdue payments to 14 micro and small suppliers.

Kanex Fire Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0000619). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanexfire.com.

Company details

CIN U24111GJ1986PLC008699
Registration Number 008699
Incorporation Date 30 May 1986
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-05-0000619

Name history

Kanex Fire Solutions has undergone 2 name changes throughout its history. The company was previously known as Kanex Fire Solution Private Limited, and Kanadia Fyr Fyter Private Limited. The current legal name is Kanex Fire Solutions Limited.

Company NameStatus
Kanex Fire Solutions LimitedCurrent
Kanex Fire Solution Private LimitedPrevious
Kanadia Fyr Fyter Private LimitedPrevious

CIN history

Kanex Fire Solutions has one previous CIN (Corporate Identification Number): U24111GJ1986PTC008699. The current CIN is U24111GJ1986PLC008699, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24111GJ1986PLC008699Current
U24111GJ1986PTC008699Previous
Key People
Amit Chandulal Shah Director Nilesh Chandulal Kanadia Director Mukul Manohar Goyal Director

Recognitions & Rankings of Kanex Fire Solutions

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-05-0000619

Contact details

Kanex Fire Solutions Limited's registered office is in Sihor, Gujarat. Its website is kanexfire.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    kanexfire.com
  • Social Media
  • Registered Address
    Plot No.7 – 8 Paras Industrial Estate Near Garibsha Pir Dargah, Sihor, Gujarat, India – 364240
  • Industry
    Machinery and Equipment, Fire Safety & Firefighting Equipment

To see the full contact details of Kanex Fire Solutions Limited, buy the company report.

Comprehensive company report
Kanex Fire Solutions 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

Business activity

The main business activity of Kanex Fire Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Kanex Fire Solutions Limited, buy the company report.

Financials of Kanex Fire Solutions Limited

FY 2025 filings available

Kanex Fire Solutions Limited reported revenue of ₹192.51 Cr (up 19% YoY) for FY 2025.

Revenue · FY 2025
₹192.51 Cr ▲ 19%
Net profit · FY 2025
₹26.63 Cr margin 13.8%
EBITDA · FY 2025
₹37.82 Cr margin 19.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 24%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 24%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 19% growth in the latest year. EBITDA rose 17% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹192.51 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹37.82 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.63 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin19.6%
Net Profit Margin13.8%
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 Kanex Fire Solutions Limited, buy the company report.

Board of directors of Kanex Fire Solutions Limited

Kanex Fire Solutions has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Chandulal ShahDirector01 Aug 200026 Years 3 MonthsCurrent
Nilesh Chandulal KanadiaDirector01 Jun 200521 Years 5 MonthsCurrent
Mukul Manohar Goyal
Also directs: Wealthford Consultancy LLP, Tapi Capital LLP, Y Axis Elevator Private Limited and 1 more
Director25 Nov 20241 Years 11 MonthsCurrent
Vishwa Satyesh VaniawalaDirector25 Nov 20241 Years 11 MonthsCurrent
Vinit Amit ShahDirector04 Dec 20232 Years 10 MonthsCurrent
View all directors

Auditor

Kanex Fire Solutions Limited is audited by DPS & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DPS & CoFY 20230128576W

Shareholding

The shareholding of Kanex Fire Solutions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kanex Fire Solutions Limited, buy the company report.

Charges & borrowings

Open charges
₹10.8 Cr
Satisfied charges
₹22.99 Cr
Breakdown by lending institutions
Others₹10.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Aug 2024100964973Others₹10.8 CrOpen
06 May 201310427357Idbi Bank Limited₹21 LakhSatisfied
06 May 201310427360Others₹3.87 CrSatisfied
26 Jul 200810115243State Bank of India₹1.75 CrSatisfied
26 Jul 200810115247State Bank of Saurashtra₹35 LakhSatisfied

To see the full charge records of Kanex Fire Solutions Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Kanex Fire Solutions Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.82 Cr; the latest was in March 2022.

Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹3.82 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2022Funding round₹2.68 CrInvestors: Turtle Wealth Management Private Limited , 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: Amit C Shah HUF
Seller: Nilesh C Shah HUF & Bhavnaben C Shah
Sep 2015Secondary share transferUndisclosedBuyer: Nilesh C Shah HUF & Bhavnaben C Shah, 3 individuals
Seller: Chandulal D Shah HUF & Bhavnaben C Shah, 3 individuals
Oct 2009Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Novelty Traders Ltd, Ispat Sheets Ltd , Stocknet International Ltd
Nov 2006Secondary share transferUndisclosedBuyer: Nilesh C Shah HUF & Bhavnaben C Shah, Chandulal D Shah HUF & Bhavnaben C Shah, 2 individuals
Seller: Navanitrai D Shah HUF, Chandulal D Shah HUF, Bipinchandra D Shah HUF & Niramalaben B Shah, an individual

To see the full deal history of Kanex Fire Solutions 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

Kanex Fire Solutions Limited has 2 MSME Form 1 returns on record between 2019 and 2024, listing 25 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 14)

SupplierAmount dueDue sinceReported on
Ases Security Private Limited
Prime Hydraulic and Engineers
Kanadia Industrial Gases
an individual supplier
KV Fire Chemicals (India) Private Limited

To see the full MSME payment records of Kanex Fire Solutions Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Kanex Fire Solutions Limited has a workforce of 125 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
125
Active EPFO establishments
1
Employee growth
8.7%

GST

Kanex Fire Solutions has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AACCK4417C1Z3GujaratActive01 Jul 2017
27AACCK4417C1ZXMaharashtraActive01 Jul 2017
09AACCK4417C1ZVUttar PradeshActive18 May 2019
37AACCK4417C1ZWAndhra PradeshActive18 Jul 2023

To see the full GST registrations and return filing status of Kanex Fire Solutions Limited, buy the company report.

Recent activity

Kanex Fire Solutions Limited has 8 board changes on record since 2000: 5 appointments and 3 cessations. The latest: Amit Chandulal Shah ceased to be Director on 29 Sep 2025.

AGM
Kanex Fire Solutions Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Amit Chandulal Shah ceased to be Director.
Ceased
Nilesh Chandulal Kanadia ceased to be Director.
Charges
A charge with Others of Rs. 1,080.00 Lakh registered on 09 Aug 2024 with Charge ID 100964973 was modified on 25 Jun 2025.
Charges
A charge registered on 06 May 2013 via Charge ID 10427360 with Others was fully satisfied on 04 Apr 2025.
Filing
Kanex Fire Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Mukul Manohar Goyal was appointed as Director.
Appointed
Vishwa Satyesh Vaniawala was appointed as Director.
Ceased
Vinit Amit Shah ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 1,080.00 Lakh with Charge ID 100964973 was registered on 09 Aug 2024.
Appointed
Vinit Amit Shah was appointed as Director.
Charges
A charge registered on 06 May 2013 via Charge ID 10427357 with Idbi Bank Limited was fully satisfied on 13 Dec 2018.

23 earlier events are in the company report.

Frequently asked questions

Kanex Fire Solutions is an active public limited company based in Sihor, Gujarat, India. The company works in fire safety and firefighting equipment, within the machinery and equipment industry. It was incorporated on 30 May 1986 (40+ years old) and is registered under CIN U24111GJ1986PLC008699.

Kanex Fire Solutions has 5 current directors:

The latest financial statements of Kanex Fire Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kanex Fire Solutions is 24AACCK4417C1Z3, registered in Gujarat. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCK4417C1ZX (Maharashtra), 09AACCK4417C1ZV (Uttar Pradesh), 37AACCK4417C1ZW (Andhra Pradesh).

The CIN (Corporate Identification Number) of Kanex Fire Solutions is U24111GJ1986PLC008699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kanex Fire Solutions has 6 court cases on record: 6 filed by the company.

Kanex Fire Solutions was incorporated on 30 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Kanex Fire Solutions has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.82 Cr; the latest was in March 2022.

Amit Chandulal Shah ceased to be Director on 29 Sep 2025. Nilesh Chandulal Kanadia ceased to be Director on 29 Sep 2025. Mukul Manohar Goyal was appointed as Director on 25 Nov 2024. Kanex Fire Solutions has 8 board changes on record in total.

Yes, Kanex Fire Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-05-0000619).

Kanex Fire Solutions has 2 MSME Form 1 returns on record between 2019 and 2024, listing 25 overdue payments to 14 micro and small suppliers. The latest return was filed on 15 May 2024.