MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0031367
Keshari Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹73.58 Cr
▲ 25% YoY
Net profit · FY 2024
₹24.84 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹2.29 Cr
EBITDA margin 3.1%
Authorised capital
₹2.91 Cr
Registered with MCA
Paid-up capital
₹2.24 Cr
Issued & subscribed
Open charges
₹11.75 Cr
Satisfied ₹7.26 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
31
Provident fund records
About Keshari Industries Private Limited
Data last updated:
Keshari Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1992PTC066699. Its GSTIN is 24AACCK2674D1ZU (Gujarat).
The company has an authorised share capital of ₹2.91 Cr and a paid-up capital of ₹2.24 Cr. It was formerly known as Keshari Industries Limited. It is led by directors including Umesh Kailashprasad Mundhara and Ramkumar Bhairodan Mundhara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 398 A/B Ground Floor, Shop No. 1 Bhatia Mahajan Wadi Kalbadevi Road Mumbai – 400002, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.58 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹24.84 Lakh (net margin 0.3%) and EBITDA of ₹2.29 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 19% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Keshari Industries. As per MCA filings, the company has open charges of ₹11.75 Cr and satisfied charges of ₹7.26 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Keshari Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0031367). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website keshariindustries.com.
Company details
CIN U51900MH1992PTC066699
Registration Number 066699
Incorporation Date 11 May 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0031367
CIN history
Keshari Industries has one previous CIN (Corporate Identification Number): U51900MH1992PLC066699. The current CIN is U51900MH1992PTC066699, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1992PTC066699 | Current |
| U51900MH1992PLC066699 | Previous |
Key People
Umesh Kailashprasad Mundhara Director Ramkumar Bhairodan Mundhara Director Aashish Ramkumar Mundhara Director Recognitions & Rankings of Keshari Industries
Contact details
Keshari Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is keshariindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address398 A/B Ground Floor, Shop No. 1 Bhatia Mahajan Wadi Kalbadevi Road Mumbai – 400002, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Keshari Industries Private Limited, buy the company report.
Comprehensive company report
Keshari Industries Private 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
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Brands
Keshari Industries operates one associated brand: Keshari Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polyester and linen fabric manufacturing, along with related services in India. | keshariindustries.com |
Business activity
The main business activity of Keshari Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Keshari Industries Private Limited, buy the company report.
Financials of Keshari Industries Private Limited
FY 2024 filings availableKeshari Industries Private Limited reported revenue of ₹73.58 Cr (up 25% YoY) for FY 2024.
Revenue · FY 2024
₹73.58 Cr ▲ 25%
Net profit · FY 2024
₹24.84 Lakh margin 0.3%
EBITDA · FY 2024
₹2.29 Cr margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 48%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 31%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 25% growth in the latest year. EBITDA rose 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Keshari Industries Private Limited, buy the company report.
Board of directors of Keshari Industries Private Limited
Keshari Industries has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Kailashprasad Mundhara | Director | 26 Jun 2017 | 9 Years 4 Months | Current |
| Ramkumar Bhairodan Mundhara Also directs: Indu Synthetics Private Limited | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
| Aashish Ramkumar Mundhara | Director | 26 Jun 2017 | 9 Years 4 Months | Current |
| Laxmi Narayan Mundhara Also directs: Indu Synthetics Private Limited | Director | 16 Jun 2003 | 23 Years 4 Months | Current |
Peer comparison
Keshari Industries Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arvind Spintex Private Limited | ₹73.7 Cr (FY 2025) | 796.0% | Ichalkaranji, Maharashtra, India | |||
| Shree Rajaram Prints Private Limited | ₹73.69 Cr (FY 2025) | -10.0% | Pali, Rajasthan, India | |||
| Emperor Textiles Private Limited | ₹73.65 Cr (FY 2024) | 26.0% | Tirupur, Tamil Nadu, India | |||
| Laxminathjee Silk Mills Private Limited | ₹73.62 Cr (FY 2025) | -7.0% | Surat, Gujarat, India | |||
| Shreelaxmikantam Sales Private Limited | ₹73.62 Cr (FY 2025) | 13.0% | Ajmer, Rajasthan, India | |||
| Keshari Industries Private Limitedthis company | ₹73.58 Cr (FY 2024) | ₹24.84 Lakh | 0.3% | 25.0% | 31 | Mumbai, Maharashtra, India |
| Garuda Yarns Private Limited | ₹73.58 Cr (FY 2025) | 47.0% | Surat, Gujarat, India | |||
| Suchitraa Silk Private Limited | ₹73.52 Cr (FY 2025) | 27.0% | Tamil Nadu, India | |||
| Giriraj Cotsyn Private Limited | ₹73.52 Cr (FY 2025) | 8.0% | Manavadar, Gujarat, India | |||
| L T Fashions Private Limited | ₹73.5 Cr (FY 2025) | 9.0% | Surat, Gujarat, India |
To see the full peer comparison of Keshari Industries Private Limited, buy the company report.
Auditor
Keshari Industries Private Limited is audited by MGVS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGVS & ASSOCIATES | FY 2023 | 0140555W |
Shareholding
The shareholding of Keshari Industries Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Keshari Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.75 Cr
Satisfied charges
₹7.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2020 | 100407028 | Others | ₹11.75 Cr | Open | |
| 23 Jan 2012 | 10336899 | Bank of Baroda | ₹7.26 Cr | Satisfied |
To see the full charge records of Keshari Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Keshari Industries Private Limited has 3 court cases on record: 3 filed by Keshari Industries. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against M/S Chirag Trading Company Other | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Keshari Industries Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Keshari Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Keshari Industries has 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
4
Associated companies
Employees & EPFO
Keshari Industries Private Limited has a workforce of 31 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
47.62%
GST
Keshari Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK2674D1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Keshari Industries Private Limited, buy the company report.
Recent activity
Keshari Industries Private Limited has 11 board changes on record since 2003: 4 appointments and 7 cessations. The latest: Ramkumar Bhairodan Mundhara ceased to be Additional Director on 30 Nov 2021.
AGM
Keshari Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Keshari Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Others of Rs. 11.75 Cr registered on 31 Dec 2020 with Charge ID 100407028 was modified on 06 Feb 2024.
Charges
A charge registered on 23 Jan 2012 via Charge ID 10336899 with Bank Of Baroda was fully satisfied on 22 Sep 2022.
Ceased
Ramkumar Bhairodan Mundhara ceased to be Additional Director.
Appointed
Ramkumar Bhairodan Mundhara was appointed as Director.
Charges
A charge with Others amounted to Rs. 11.75 Cr with Charge ID 100407028 was registered on 31 Dec 2020.
Ceased
Aashish Ramkumar Mundhara ceased to be Additional Director.
Ceased
Umesh Kailashprasad Mundhara ceased to be Additional Director.
Appointed
Aashish Ramkumar Mundhara was appointed as Director.
Ceased
Gopal Mundra ceased to be Director.
Ceased
Gopikishan Lahoti ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Keshari Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 May 1992 (34+ years old) and is registered under CIN U51900MH1992PTC066699.
Keshari Industries has 4 current directors:
- Umesh Kailashprasad Mundhara - Director
- Ramkumar Bhairodan Mundhara - Director
- Aashish Ramkumar Mundhara - Director
- Laxmi Narayan Mundhara - Director
The latest financial statements of Keshari Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Keshari Industries is 24AACCK2674D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Keshari Industries is U51900MH1992PTC066699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keshari Industries has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the nclt.
Keshari Industries was incorporated on 11 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Keshari Industries by revenue are Arvind Spintex Private Limited, Shree Rajaram Prints Private Limited, Emperor Textiles Private Limited, Laxminathjee Silk Mills Private Limited, Shreelaxmikantam Sales Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ramkumar Bhairodan Mundhara ceased to be Additional Director on 30 Nov 2021. Ramkumar Bhairodan Mundhara was appointed as Director on 23 Mar 2021. Aashish Ramkumar Mundhara ceased to be Additional Director on 29 Sep 2017. Keshari Industries has 11 board changes on record in total.
Yes, Keshari Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0031367).
Keshari Industries can be reached through the website keshariindustries.com. Its registered office is in Mumbai, Maharashtra, India.