About KGN Industries Limited
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KGN Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 14 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L23101MH1994PLC206282. Its GSTIN is 24AAACR9383G2Z6 (Gujarat). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.25 Cr. It was formerly known as Royal Financial (India) Limited and Royal Finance Ltd. It is led by directors including Arifbhai Ismailbhai Memon (Managing Director) and Janki Mrunal Vaishya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.86 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Lakh (net margin 15.6%) and EBITDA of ₹5.97 Lakh (EBITDA margin 19.3%).
The company is associated with 1 brand: KGN Industries. Court records list 31 cases involving the company, including 13 filed by the company and 18 filed against it; 10 cases are pending. The company has 5 deals on record (5 market trades); the latest was in June 2014.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kgnindustries.com.
Company details
Name history
KGN Industries has undergone 2 name changes throughout its history. The company was previously known as Royal Financial (India) Limited, and Royal Finance Ltd. The current legal name is Kgn Industries Limited.
| Company Name | Status |
|---|---|
| KGN Industries Limited | Current |
| Royal Financial (India) Limited | Previous |
| Royal Finance Ltd | Previous |
CIN history
KGN Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L23101MH1994PLC206282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L23101MH1994PLC206282 | Current |
| L23101GJ1994PLC023288 | Previous |
| L65910GJ1994PLC023288 | Previous |
| U65910GJ1994PLC023288 | Previous |
Contact details
KGN Industries Limited's registered office is in Mumbai, Maharashtra. Its website is kgnindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 15 Hirnen Shopping Centre Co. Op. Hsg. Soc. Ltd Near City Centre S.V Road Goregaon (We, St), Mumbai, Maharashtra, India – 400062
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of KGN Industries 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
Brands
KGN Industries operates one associated brand: KGN Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer and operator of energy sources assets | kgnindustries.com |
Business activity
The main business activity of KGN Industries is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of KGN Industries Limited, buy the company report.
Financials of KGN Industries Limited
FY 2022 filings availableKGN Industries Limited reported revenue of ₹30.86 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year. EBITDA rose 7% in the latest 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 | ₹30.86 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.81 Lakh | ||||
| 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 | 19.3% | ||||
| Net Profit Margin | 15.6% | ||||
| 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 KGN Industries Limited, buy the company report.
Board of directors of KGN Industries Limited
KGN Industries has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohan Parikshit Patil Also directs: KGN Enterprises Limited, Delyfresh Retails Private Limited | Additional Director | 21 Aug 2024 | 2 Years 2 Months | Current |
| Janki Mrunal Vaishya | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Mohammad Mansoor Also directs: KGN Enterprises Limited, Magic Genie Smartech Solutions Limited | Additional Director | 21 Aug 2024 | 2 Years 2 Months | Current |
| Aftabahmed Isamiya Kadri | Additional Director | 14 Feb 2015 | 11 Years 8 Months | Current |
| Sitaram Prasad Paikray Also directs: KGN Enterprises Limited, Care Pro Bioscience Trading LLP, Canna Verde Biosciences Private Limited and 5 more | Additional Director | 21 Aug 2024 | 2 Years 2 Months | Current |
| Arifbhai Ismailbhai Memon | Managing Director | 29 Jul 2008 | 18 Years 3 Months | Current |
Auditor
KGN Industries Limited is audited by Kamlesh Bhojani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamlesh Bhojani & Associates | FY 2023 | 127505W |
Shareholding
The shareholding of KGN Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of KGN Industries Limited, buy the company report.
Deals & funding
KGN Industries Limited has 5 deals on record (5 market trades); the latest was in June 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Market trade | ₹1.79 Cr | Seller: The Royal Bank Of Scotland Asia Merchant Bank (Singapore) Limited |
| Oct 2012 | Market trade | ₹5.34 Cr | Buyer: The Royal Bank Of Scotland Asia Merchant Bank Singapore Lt Seller: Abn Amro Bank Nv |
| Oct 2012 | Market trade | ₹2.74 Cr | Buyer: The Royal Bank Of Scotland Asia Merchant Bank Singapore Lt Seller: Abn Amro Bank Nv |
| Mar 2012 | Market trade | ₹1.93 Cr | Seller: an individual |
| Feb 2012 | Market trade | ₹2.94 Cr | Buyer: Avatar India Opportunities Fund Seller: Daiwa Capital Markets Singapore Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
KGN Industries Limited has 31 court cases on record: 13 filed by KGN Industries, 18 filed against it. 10 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 13 | 6 |
| High courts | 10 | 5 | 4 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Biotor Industries Ltd. and 3 Ors | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Biotor Industries Ltd. and 3 Ors | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Bombay Stock Exchange Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Industrial Investment Corporation Ltd. and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Gujrat Industrial Investment Corporation Ltd. | Disposed |
To see the full case history of KGN Industries 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 KGN Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KGN Industries has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9383G2Z6 | Gujarat | Active | 25 Apr 2025 |
To see the full GST registrations and return filing status of KGN Industries Limited, buy the company report.
Recent activity
KGN Industries Limited has 26 board changes on record since 2007: 9 appointments and 17 cessations. The latest: Mohammad Mansoor was appointed as Additional Director on 21 Aug 2024.
17 earlier events are in the company report.
Frequently asked questions
KGN Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 14 October 1994 (32+ years old) and is registered under CIN L23101MH1994PLC206282.
KGN Industries has 9 current directors:
- Arifbhai Ismailbhai Memon - Managing Director
- Rohan Parikshit Patil - Additional Director
- Janki Mrunal Vaishya - Director
- Mohammad Mansoor - Additional Director
- Aftabahmed Isamiya Kadri - Additional Director
- Sitaram Prasad Paikray - Additional Director
- Babulal Jethalal Hirani - Director
- Ismail Memon - Director
- Ajazahmad Abdulgani Ansari - Additional Director
The latest financial statements of KGN Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of KGN Industries is 24AAACR9383G2Z6, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of KGN Industries is L23101MH1994PLC206282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KGN Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
KGN Industries has 31 court cases on record: 13 filed by the company and 18 filed against it. 10 are pending. Most are in the district courts.
KGN Industries was incorporated on 14 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
KGN Industries has 5 deals on record (5 market trades); the latest was in June 2014.
Mohammad Mansoor was appointed as Additional Director on 21 Aug 2024. Rohan Parikshit Patil was appointed as Additional Director on 21 Aug 2024. Sitaram Prasad Paikray was appointed as Additional Director on 21 Aug 2024. KGN Industries has 26 board changes on record in total.
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