Hurun India Rich List 2026 edition · 1 director
- #1,750 Himanshu Khushalbhai Patel & family ₹1,000 Cr
Revenue · FY 2025
₹125.2 Cr
▲ 109% YoY
Net profit · FY 2025
₹23.06 Cr
Net margin 18.4%
EBITDA · FY 2025
₹27.56 Cr
EBITDA margin 22%
Authorised capital
₹225.15 Cr
Registered with MCA
Paid-up capital
₹225.01 Cr
Issued & subscribed
Open charges
₹87 Cr
Satisfied ₹35 Cr
Company age
3 yrs
Est. 2023
Directors on board
7
As per MCA filings
About Kinam Engineering Industries Private Limited
Data last updated:
Kinam Engineering Industries Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 October 2023.
Its director Himanshu Khushalbhai Patel and family are #1,750 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28299GJ2023PTC145232.
The company has an authorised share capital of ₹225.15 Cr and a paid-up capital of ₹225.01 Cr. It is led by directors including Mehul Kirit Mehta (Managing Director) and Jayeshbhai Vastupal Shah.
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 Anand, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.2 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹23.06 Cr (net margin 18.4%) and EBITDA of ₹27.56 Cr (EBITDA margin 22%).
As per MCA filings, the company has open charges of ₹87 Cr and satisfied charges of ₹35 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹225 Cr; the latest was in January 2024. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Unifab Engineering Project Private Limited with revenue of ₹126.22 Cr.
For more details, the company can be reached via its website kinam.in.
Company Details of Kinam Engineering Industries Private Limited
CIN U28299GJ2023PTC145232
Registration Number 145232
Incorporation Date 09 October 2023
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Key People
Mehul Kirit Mehta Managing Director Jayeshbhai Vastupal Shah Director Himanshu Khushalbhai Patel Director Recognitions & Rankings of Kinam Engineering Industries
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressH – 106 I – 105 I – 107 &, I – 107/A GIDC V.U. Nagag, Anand, Gujarat, India – 388121
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
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Business Activity of Kinam Engineering Industries Private Limited
The main business activity of Kinam Engineering Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Kinam Engineering Industries Private Limited FY 2025 filings available
Kinam Engineering Industries Private Limited reported revenue of ₹125.2 Cr (up 109% YoY) for FY 2025.
Revenue · FY 2025
₹125.2 Cr ▲ 109%
Net profit · FY 2025
₹23.06 Cr margin 18.4%
EBITDA · FY 2025
₹27.56 Cr margin 22%
Compounded Annual Growth Rate (CAGR) of Kinam Engineering Industries Private Limited
Revenue CAGR growth
1 year
▲ 109%
EBITDA CAGR growth
1 year
▲ 99%
Revenue rose 109% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Kinam Engineering Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹27.56 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹23.06 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 of Kinam Engineering Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 22% | •••• |
| Net Profit Margin | 18.4% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kinam Engineering Industries are in the company report.
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Financial statements from FY 2024
Earlier years and trend charts are in the company report.
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Board of Directors of Kinam Engineering Industries Private Limited
Kinam Engineering Industries has 7 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 |
|---|---|---|---|---|
| Jayeshbhai Vastupal Shah | Director | 19 Mar 2024 | 2 Years 7 Months | Current |
| Himanshu Khushalbhai Patel | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Vijayanti Punjabi Also directs: Hle Glascoat Limited | Director | 20 Feb 2025 | 1 Years 8 Months | Current |
| Mehul Kirit Mehta Also directs: Kinam Process Equipments Private Limited | Managing Director | 09 Oct 2023 | 3 Years 0 Months | Current |
| Harsh Himanshubhai Patel | Director | 09 Oct 2023 | 3 Years 0 Months | Current |
| Aalap Nileshbhai Patel | Non- Individual Subscriber | 09 Oct 2023 | 3 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer Comparison of Kinam Engineering Industries Private Limited
Kinam Engineering Industries Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unifab Engineering Project Private Limited | ₹126.22 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Thane, Maharashtra, India |
| Mangal Steel Enterprises Ltd | ₹125.95 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Howrah, West Bengal, India |
| De's Technico Limited | ₹125.46 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Howrah, West Bengal, India |
| Randen Engineering Private Limited | ₹125.44 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Zeta Biosystem Private Limited | ₹125.27 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Kinam Engineering Industries Private Limited this company | ₹125.2 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Anand, Gujarat, India |
| Indiana Sucro-Tech (Pune) Private Limited | ₹124.96 Cr (FY 2023) | •••• | •••• | 66.0% | •••• | Pune, Maharashtra, India |
| Macwell Auto Engineering Private Limited | ₹124.18 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Rajkot, Gujarat, India |
| Acoem Ecotech Industries Private Limited | ₹124.14 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Madhya Pradesh, India |
| Beeta Conveyors Private Limited | ₹124.11 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Shreno Engineering Limited | ₹123.27 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Kinam Engineering Industries by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Kinam Engineering Industries Private Limited
Open charges
₹87 Cr
Satisfied charges
₹35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Hdfc Bank Limited | ₹57 Cr | Open |
| 28 Mar 2024 | Others | ₹30 Cr | Open |
| 29 Jan 2024 | Yes Bank Limited | ₹35 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Kinam Engineering Industries Private Limited
Kinam Engineering Industries Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹225 Cr; the latest was in January 2024.
Total deals
1
Funding round
1
Disclosed funding
₹225 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Funding round | ₹225 Cr | Investors: Hle Glascoat Limited , Kinam Process Equipments Private Limited , 2 individuals |
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Full deal history
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Employees and EPFO Compliance at Kinam Engineering Industries Private Limited
Employment history and EPFO contributions of people linked to Kinam Engineering Industries.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Kinam Engineering Industries Private Limited
Kinam Engineering Industries Private Limited has 14 board changes on record since 2023: 8 appointments and 6 cessations. The latest: Vijayanti Punjabi ceased to be Additional Director on 29 Sep 2025.
AGM
Kinam Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Vijayanti Punjabi ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 57.00 Cr registered on 29 May 2024 with Charge ID 100943247 was modified on 12 Jun 2025.
Filing
Kinam Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 29 Jan 2024 via Charge ID 100885277 with Yes Bank Limited was fully satisfied on 03 Mar 2025.
Appointed
Vijayanti Punjabi was appointed as Director.
Ceased
Jayeshbhai Vastupal Shah ceased to be Additional Director.
Ceased
Sandeep Dipak Randery ceased to be Additional Director.
Charges
A charge with Others of Rs. 30.00 Cr registered on 28 Mar 2024 with Charge ID 100903414 was modified on 04 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 57.00 Cr with Charge ID 100943247 was registered on 29 May 2024.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100903414 was registered on 28 Mar 2024.
Appointed
Jayeshbhai Vastupal Shah was appointed as Director.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kinam Engineering Industries Private Limited
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MSME Payment Delays by Kinam Engineering Industries Private Limited
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Subsidiaries & Group Companies of Kinam Engineering Industries Private Limited
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GST Compliance of Kinam Engineering Industries Private Limited
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MCA Filings & Documents of Kinam Engineering Industries Private Limited
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Frequently Asked Questions about Kinam Engineering Industries Private Limited
Kinam Engineering Industries is an active private limited company based in Anand, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 October 2023 (3+ years old) and is registered under CIN U28299GJ2023PTC145232.
Kinam Engineering Industries reported revenue of ₹125.2 Cr for FY 2025 (up 109% YoY).
Kinam Engineering Industries has 7 current directors:
- Mehul Kirit Mehta - Managing Director
- Jayeshbhai Vastupal Shah - Director
- Himanshu Khushalbhai Patel - Director
- Vijayanti Punjabi - Director
- Harsh Himanshubhai Patel - Director
- Sandeep Dipak Randery - Director
- Aalap Nileshbhai Patel - Non- Individual Subscriber
Kinam Engineering Industries reported a net profit of ₹23.06 Cr (net margin 18.4%) and EBITDA of ₹27.56 Cr (EBITDA margin 22%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Kinam Engineering Industries is U28299GJ2023PTC145232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kinam Engineering Industries was incorporated on 09 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kinam Engineering Industries has 1 deal on record (1 funding round), with disclosed funding of ₹225 Cr; the latest was in January 2024.
The peers of Kinam Engineering Industries by revenue are Unifab Engineering Project Private Limited, Mangal Steel Enterprises Ltd, De's Technico Limited, Randen Engineering Private Limited, Zeta Biosystem Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Vijayanti Punjabi ceased to be Additional Director on 29 Sep 2025. Vijayanti Punjabi was appointed as Director on 20 Feb 2025. Jayeshbhai Vastupal Shah ceased to be Additional Director on 27 Dec 2024. Kinam Engineering Industries has 14 board changes on record in total.
Kinam Engineering Industries can be reached through the website kinam.in. Its registered office is in Anand, Gujarat, India.
The registered office of Kinam Engineering Industries is at H – 106 I – 105 I – 107 &, I – 107A GIDC V.U. Nagag, Anand, Gujarat, India – 388121.