Konika Elastics Private Limited

Konika Elastics Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17309GJ2018PTC100935 Incorporated 22 February 2018 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹50.29 Cr
▼ 7% YoY
Net profit · FY 2023
₹2.09 Cr
Net margin 4.2%
EBITDA · FY 2023
₹7.06 Cr
EBITDA margin 14%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹9.85 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
46
Provident fund records

About Konika Elastics Private Limited

Data last updated:

Konika Elastics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17309GJ2018PTC100935. Its GSTIN is 24AAGCK9707R1ZT (Gujarat).

The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Mukesh Baid (Managing Director) and Mohit Rajesh Baid (Managing Director).

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 A/12/22 The Udhna Udyog Nagar Sahkari Sangh Ltd Udhana, Surat, Gujarat, India – 394210.

As per the financials filed for FY 2023, the company reported a revenue of ₹50.29 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 4.2%) and EBITDA of ₹7.06 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.

The company has about 46 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.85 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 5 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in July 2021.

Konika Elastics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0030418). For more details, the company can be reached via its website konikaelastics.in.

Company details

CIN U17309GJ2018PTC100935
Registration Number 100935
Incorporation Date 22 February 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0030418
Key People
Mukesh Baid Managing Director Mohit Rajesh Baid Managing Director

Recognitions & Rankings of Konika Elastics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0030418

Contact details

Konika Elastics Private Limited's registered office is in Surat, Gujarat. Its website is konikaelastics.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    konikaelastics.in
  • Registered Address
    A/12/22 The Udhna Udyog Nagar Sahkari Sangh Ltd Udhana, Surat, Gujarat, India – 394210
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Konika Elastics Private Limited, buy the company report.

Comprehensive company report
Konika Elastics 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 Konika Elastics Private Limited

FY 2025 filings available

Konika Elastics Private Limited reported revenue of ₹50.29 Cr (down 7% YoY) for FY 2023.

Revenue · FY 2023
₹50.29 Cr ▼ 7%
Net profit · FY 2023
₹2.09 Cr margin 4.2%
EBITDA · FY 2023
₹7.06 Cr margin 14%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 29%

Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 8% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹50.29 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.09 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin14%
Net Profit Margin4.2%
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 Konika Elastics Private Limited, buy the company report.

Board of directors of Konika Elastics Private Limited

Konika Elastics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh Baid
Also directs: Mohit Tapes Private Limited, SNM Retreats Private Limited
Managing Director22 Feb 20188 Years 8 MonthsCurrent
Mohit Rajesh Baid
Also directs: Konika Tapes Private Limited
Managing Director22 Feb 20188 Years 8 MonthsCurrent
View all directors

Auditor

Konika Elastics Private Limited is audited by H. Tosniwal & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H. Tosniwal & Co.FY 2023111032W

Shareholding

The shareholding of Konika Elastics 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Konika Elastics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jun 2018100181438Others₹9.85 CrOpen

To see the full charge records of Konika Elastics Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Konika Elastics Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in July 2021.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹1 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2020Secondary share transferUndisclosedBuyer: Mukesh Kumar Baid-huf
Seller: an individual
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: Mukesh Kumar Baid-huf
Apr 2018Funding round₹1 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Konika Elastics Private Limited has a workforce of 46 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
46
Active EPFO establishments
1
Employee growth
-23.33%

GST

Konika Elastics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCK9707R1ZTGujaratActive14 Mar 2018

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

Recent activity

Konika Elastics Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Mohit Rajesh Baid ceased to be Director on 07 Feb 2020.

AGM
Konika Elastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Konika Elastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 9.85 Cr registered on 05 Jun 2018 with Charge ID 100181438 was modified on 31 Aug 2024.
Ceased
Mohit Rajesh Baid ceased to be Director.
Ceased
Mukesh Baid ceased to be Director.
Charges
A charge with Others amounted to Rs. 9.85 Cr with Charge ID 100181438 was registered on 05 Jun 2018.
Appointed
Mohit Rajesh Baid was appointed as Managing Director.
Appointed
Mukesh Baid was appointed as Managing Director.
Incorporation
22 Feb 2018
Konika Elastics Private Limited was registered on 22 Feb 2018 with Roc Ahmedabad & aged 8 years 8 months as per MCA records.

Frequently asked questions

Konika Elastics is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 February 2018 (8+ years old) and is registered under CIN U17309GJ2018PTC100935.

Konika Elastics has 2 current directors:

The latest financial statements of Konika Elastics 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 FY 2018 are in the company report.

The GSTIN of Konika Elastics is 24AAGCK9707R1ZT, registered in Gujarat.

The CIN (Corporate Identification Number) of Konika Elastics is U17309GJ2018PTC100935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Konika Elastics has 10 court cases on record: 10 filed by the company. 5 are pending.

Konika Elastics was incorporated on 22 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Konika Elastics has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in July 2021.

Mohit Rajesh Baid ceased to be Director on 07 Feb 2020. Mukesh Baid ceased to be Director on 07 Feb 2020. Mohit Rajesh Baid was appointed as Managing Director on 22 Feb 2018. Konika Elastics has 4 board changes on record in total.

Yes, Konika Elastics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0030418).