MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-13-0003278
KJ Ispat Limited
KJ Ispat Limited - metals and minerals in Jakhapura, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹176.37 Cr
▼ 9% YoY
Net profit · FY 2025
₹2.62 Cr
Net margin 1.5%
EBITDA · FY 2025
₹8.69 Cr
EBITDA margin 4.9%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹6.69 Cr
Issued & subscribed
Open charges
₹22.9 Cr
Satisfied ₹32.99 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
58
Provident fund records
About KJ Ispat Limited
Data last updated:
KJ Ispat Limited is a public limited company based in Jakhapura, Odisha, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2003PLC007093. Its GSTIN is 21AACCK1436F1Z6 (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.69 Cr. It is led by directors including Purushottam Lal Kandoi (Managing Director) and Varun Kandoi.
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 Kalinga Nagar Industrial Complex Duburi, Jakhapura, Odisha, India – 755026.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.37 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 1.5%) and EBITDA of ₹8.69 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 32% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.9 Cr and satisfied charges of ₹32.99 Cr on record. Court records list 28 cases involving the company, including 24 filed by the company and 4 filed against it; 4 cases are pending.
KJ Ispat Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-13-0003278). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27102OR2003PLC007093
Registration Number 007093
Incorporation Date 18 March 2003
ROC Cuttack
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-OD-13-0003278
Key People
Purushottam Lal Kandoi Managing Director Varun Kandoi Director Shreya Agrawal Additional Director Recognitions & Rankings of KJ Ispat
Contact details
KJ Ispat Limited's registered office is in Jakhapura, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKalinga Nagar Industrial Complex Duburi, Jakhapura, Odisha, India – 755026
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of KJ Ispat Limited, buy the company report.
Comprehensive company report
KJ Ispat 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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Secure checkout · GST invoice included
Business activity
The main business activity of KJ Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of KJ Ispat Limited, buy the company report.
Financials of KJ Ispat Limited
FY 2025 filings availableKJ Ispat Limited reported revenue of ₹176.37 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹176.37 Cr ▼ 9%
Net profit · FY 2025
₹2.62 Cr margin 1.5%
EBITDA · FY 2025
₹8.69 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 16%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 10%
5 years · compounded
▲ 15%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹8.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.62 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of KJ Ispat Limited, buy the company report.
Board of directors of KJ Ispat Limited
KJ Ispat has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Kandoi Also directs: Aditya Steel Industries Limited, Aditya Alloys Ltd, Jamuna Realty Private Limited and 1 more | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Purushottam Lal Kandoi Also directs: Aditya Steel Industries Limited, Aditya Alloys Ltd, Jamuna Realty Private Limited and 2 more | Managing Director | 18 Mar 2003 | 23 Years 7 Months | Current |
| Shreya Agrawal Also directs: Aditya Steel Industries Limited, Aditya Alloys Ltd | Additional Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Yash Jalan | Director | 18 May 2018 | 8 Years 5 Months | Current |
Peer comparison
KJ Ispat Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Hunting Energy Services Limited | ₹177.35 Cr (FY 2025) | 740.0% | Mathura, Uttar Pradesh, India | |||
| Khurana Rolling Mills Private Limited | ₹177.15 Cr (FY 2025) | 30.0% | Ludhiana, Punjab, India | |||
| Shri Amman Steel and Alied Industries Private Limited | ₹177.05 Cr (FY 2021) | -18.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Prince T M T Steels Private Limited | ₹176.75 Cr (FY 2025) | -11.0% | Palakkad, Kerala, India | |||
| KJ Ispat Limitedthis company | ₹176.37 Cr (FY 2025) | ₹2.62 Cr | 1.5% | -9.0% | 58 | Jakhapura, Odisha, India |
| Narmada Tubes Private Limited | ₹176.13 Cr (FY 2025) | 109.0% | Ahmedabad, Gujarat, India | |||
| Shree Hari Sponge Private Limited | ₹175.82 Cr (FY 2025) | -3.0% | Rourkela, Odisha, India | |||
| Ranmak Works Private Limited | ₹175.76 Cr (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Sar Ispat Private Limited | ₹174.62 Cr (FY 2018) | 4.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of KJ Ispat Limited, buy the company report.
Auditor
KJ Ispat Limited is audited by H.K. MORE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K. MORE & CO | FY 2023 | 322252E |
Shareholding
The shareholding of KJ Ispat 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 KJ Ispat Limited, buy the company report.
Charges & borrowings
Open charges
₹22.9 Cr
Satisfied charges
₹32.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2024 | 100937563 | State Bank of India | ₹6 Lakh | Open | |
| 21 Oct 2022 | 100627954 | State Bank of India | ₹22.84 Cr | Open | |
| 26 Jun 2012 | 10364851 | Others | ₹5.85 Cr | Satisfied | |
| 03 Jun 2010 | 10222313 | Hdfc Bank Limited | ₹41.53 Lakh | Satisfied | |
| 27 Oct 2009 | 10187232 | Hdfc Bank Limited | ₹23.8 Lakh | Satisfied |
To see the full charge records of KJ Ispat Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
KJ Ispat Limited has 28 court cases on record: 24 filed by KJ Ispat, 4 filed against it. 4 cases are pending and 24 are disposed.
Total cases
28
Filed by the company
24
Filed against the company
4
Pending
4
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 1 | 1 |
| District courts | 7 | 3 | 3 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (R.F.A.) | Filed against the company by Kashvi Power and Steel Pvt Ltd and Another | Pending |
| District court, Cuttack, Odisha | Court case (Ex.P.) | Filed by the company against Kashvi Power and Steel Pvt Ltd and Another | Pending |
| District court, Cuttack, Odisha | Court case (C.M.A) | Filed against the company by Kashvi Power and Steel Pvt Ltd | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Mahanadi Coal Fields Limited, Sambalpur | Pending |
| District court, Cuttack, Odisha | Court case (C.S.(i)) | Filed by the company against M/S Kashvi Power and Steel Pvt Ltd and Another | Disposed |
To see the full case history of KJ Ispat 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.
Credit ratings & regulatory alerts
KJ Ispat Limited was last rated by Crisil on 12 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Mar 2020 |
To see the full credit ratings and regulatory alerts of KJ Ispat Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for KJ Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
KJ Ispat Limited has a workforce of 58 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
3.57%
GST
KJ Ispat has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCK1436F1Z6 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KJ Ispat Limited, buy the company report.
Recent activity
KJ Ispat Limited has 18 board changes on record since 2003: 4 appointments and 14 cessations. The latest: Mahesh Kumar Jalan ceased to be Managing Director on 09 Sep 2022.
AGM
Kj Ispat Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 22.84 Cr registered on 21 Oct 2022 with Charge ID 100627954 was modified on 05 Apr 2025.
Filing
Kj Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with State Bank Of India amounted to Rs. 0.06 Cr with Charge ID 100937563 was registered on 07 May 2024.
Charges
A charge registered on 26 Jun 2012 via Charge ID 10364851 with Others was fully satisfied on 17 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 22.84 Cr with Charge ID 100627954 was registered on 21 Oct 2022.
Ceased
Mahesh Kumar Jalan ceased to be Managing Director.
Ceased
Shalini Jalan ceased to be Director.
Appointed
Shreya Agrawal was appointed as Additional Director.
Charges
A charge with Others of Rs. 5.85 Cr registered on 26 Jun 2012 with Charge ID 10364851 was modified on 17 Nov 2021.
Ceased
Aditya Kandoi ceased to be Director.
Appointed
Yash Jalan was appointed as Director.
35 earlier events are in the company report.
Frequently asked questions
KJ Ispat is an active public limited company based in Jakhapura, Odisha, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 March 2003 (23+ years old) and is registered under CIN U27102OR2003PLC007093.
KJ Ispat has 4 current directors:
- Purushottam Lal Kandoi - Managing Director
- Varun Kandoi - Director
- Shreya Agrawal - Additional Director
- Yash Jalan - Director
The latest financial statements of KJ Ispat 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 KJ Ispat is 21AACCK1436F1Z6, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of KJ Ispat is U27102OR2003PLC007093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KJ Ispat has 28 court cases on record: 24 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
KJ Ispat was incorporated on 18 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of KJ Ispat by revenue are Jindal Hunting Energy Services Limited, Khurana Rolling Mills Private Limited, Shri Amman Steel and Alied Industries Private Limited, Prince T M T Steels Private Limited, Narmada Tubes Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Mahesh Kumar Jalan ceased to be Managing Director on 09 Sep 2022. Shalini Jalan ceased to be Director on 09 Sep 2022. Shreya Agrawal was appointed as Additional Director on 14 Mar 2022. KJ Ispat has 18 board changes on record in total.
Yes, KJ Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-13-0003278).
The registered office of KJ Ispat is at Kalinga Nagar Industrial Complex Duburi, Jakhapura, Odisha, India – 755026.