Konel Corporation Private Limited

Konel Corporation Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74210MH1961PTC012167 Incorporated 23 October 1961 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Revenue · FY 2021
₹2.79 Cr
▼ 31% YoY
Net profit · FY 2021
₹86.59 Lakh
Net margin 31%
EBITDA · FY 2021
₹81.71 Lakh
EBITDA margin 29.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Satisfied charges
₹9.5 Cr
No open charges
Company age
65 yrs
Est. 1961
Employees · EPFO
1
Provident fund records

About Konel Corporation Private Limited

Data last updated:

Konel Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 October 1961 and has been in existence for over 65 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1961PTC012167. Its GSTIN is 27AAACK2365D1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors including Himanshu Mahendra Shah and Jhanvi Mahendra 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 Plot No.90 Abcd Govt. Indl Estate Kandivali – West, Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.79 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹86.59 Lakh (net margin 31%) and EBITDA of ₹81.71 Lakh (EBITDA margin 29.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 1% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹9.5 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.

Konel Corporation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0067570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website konel.co.in.

Company details

CIN U74210MH1961PTC012167
Registration Number 012167
Incorporation Date 23 October 1961
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0067570
Key People
Jhanvi Mahendra Shah Additional Director Himanshu Mahendra Shah Director Shakuntala Ghanashyam Agrawal Additional Director

Recognitions & Rankings of Konel Corporation

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0067570

Contact details

Konel Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is konel.co.in. Its e-mail address is in the company report.

  • Email
  • Website
    konel.co.in
  • Registered Address
    Plot No.90 Abcd Govt. Indl Estate Kandivali – West, Mumbai, Maharashtra, India – 400067
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Konel Corporation Private Limited, buy the company report.

Comprehensive company report
Konel Corporation 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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Financials of Konel Corporation Private Limited

FY 2025 filings available

Konel Corporation Private Limited reported revenue of ₹2.79 Cr (down 31% YoY) for FY 2021.

Revenue · FY 2021
₹2.79 Cr ▼ 31%
Net profit · FY 2021
₹86.59 Lakh margin 31%
EBITDA · FY 2021
₹81.71 Lakh margin 29.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 24%
5 years · compounded
▲ 1%
EBITDA CAGR growth
5 years · compounded
▲ 18%

Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.79 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹81.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹86.59 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin29.2%
Net Profit Margin31%
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 Konel Corporation Private Limited, buy the company report.

Board of directors of Konel Corporation Private Limited

Konel Corporation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jhanvi Mahendra ShahAdditional Director01 Apr 20233 Years 7 MonthsCurrent
Himanshu Mahendra ShahDirector29 Jan 200125 Years 9 MonthsCurrent
Shakuntala Ghanashyam Agrawal
Also directs: Modern Appliances Pvt Ltd
Additional Director19 Apr 20197 Years 6 MonthsCurrent
View all directors

Auditor

Konel Corporation Private Limited is audited by DEVESH SHAH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
DEVESH SHAH & COFY 2021102425W

Shareholding

The shareholding of Konel Corporation Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Konel Corporation Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹9.5 Cr
Breakdown by lending institutions
Union Bank of India₹9.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 May 200080008776Union Bank of India₹80 LakhSatisfied
09 May 200080008779Union Bank of India₹60 LakhSatisfied
15 Oct 199980008778Union Bank of India₹1.57 CrSatisfied
30 Mar 199980008775Union Bank of India₹65 LakhSatisfied
11 Jul 199480008774Union Bank of India₹1.45 CrSatisfied

To see the full charge records of Konel Corporation Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Konel Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Konel Corporation Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-271
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Konel Corporation Private Limited, buy the company report.

GST

Konel Corporation has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACK2365D1ZUMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Konel Corporation Private Limited, buy the company report.

Recent activity

Konel Corporation Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Jhanvi Mahendra Shah was appointed as Additional Director on 01 Apr 2023.

AGM
Konel Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Konel Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Jhanvi Mahendra Shah was appointed as Additional Director.
Ceased
Palecanda Mudappa Medappa ceased to be Director.
Appointed
Shakuntala Ghanashyam Agrawal was appointed as Additional Director.
Charges
A charge registered on 09 May 2000 via Charge ID 80008776 with Union Bank Of India was fully satisfied on 24 Jul 2006.
Charges
A charge registered on 09 May 2000 via Charge ID 80008779 with Union Bank Of India was fully satisfied on 24 Jul 2006.
Charges
A charge registered on 15 Oct 1999 via Charge ID 80008778 with Union Bank Of India was fully satisfied on 24 Jul 2006.
Charges
A charge registered on 30 Mar 1999 via Charge ID 80008775 with Union Bank Of India was fully satisfied on 24 Jul 2006.
Charges
A charge registered on 11 Jul 1994 via Charge ID 80008780 with Union Bank Of India was fully satisfied on 24 Jul 2006.
Charges
A charge registered on 11 Jul 1994 via Charge ID 80008774 with Union Bank Of India was fully satisfied on 24 Jul 2006.
Appointed
Himanshu Mahendra Shah was appointed as Director.

12 earlier events are in the company report.

Frequently asked questions

Konel Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 23 October 1961 (65+ years old) and is registered under CIN U74210MH1961PTC012167.

Konel Corporation has 3 current directors:

The latest financial statements of Konel Corporation 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 Konel Corporation is 27AAACK2365D1ZU, registered in Maharashtra. 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 Konel Corporation is U74210MH1961PTC012167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Konel Corporation has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the high courts.

Konel Corporation was incorporated on 23 October 1961, making it 65+ years old. It is registered with the Registrar of Companies, Mumbai.

Jhanvi Mahendra Shah was appointed as Additional Director on 01 Apr 2023. Palecanda Mudappa Medappa ceased to be Director on 15 Jun 2019. Shakuntala Ghanashyam Agrawal was appointed as Additional Director on 19 Apr 2019. Konel Corporation has 4 board changes on record in total.

Yes, Konel Corporation is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0067570).

Konel Corporation can be reached through the website konel.co.in. Its registered office is in Mumbai, Maharashtra, India.