- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0012459

About Kotyark Industries Limited
Data last updated:
Kotyark Industries Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 30 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24100GJ2016PLC094939. Its GSTIN is 24AAGCK3927K2ZC (Gujarat). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544726 and NSE: KOTYARK.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹10.28 Cr. It was formerly known as Kotyark Industries Private Limited. It is led by directors including Gaurang Rameshchandra Shah (Managing Director) and Dhruti Mihir Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 3 2nd Floor Shree Ganesh Nagar Housing Society Ramakaka Temple Road Chhani, Vadodara, Gujarat, India – 391740.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹314.87 Cr, a growth of 9.3% compared to the previous year. For the same year it recorded a net profit of ₹18.75 Cr (net margin 6%) and EBITDA of ₹47.94 Cr (EBITDA margin 15.2%). The net worth stands at ₹180.73 Cr (up 11.5% YoY). Total assets are valued at ₹247.96 Cr (up 16.6% YoY).
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kotyark. As per MCA filings, the company has open charges of ₹219.89 Cr and satisfied charges of ₹17.55 Cr on record. Court records list 27 cases involving the company, including 18 filed by the company and 9 filed against it; 14 cases are pending. The company has 15 deals on record (10 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹21.63 Cr; the latest was in March 2026. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 2 micro and small suppliers.
Kotyark Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0012459). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kotyark.com.
Company details
CIN history
Kotyark Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24100GJ2016PLC094939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24100GJ2016PLC094939 | Current |
| U24100GJ2016PTC094939 | Previous |
| U24100GJ2016PLC094939 | Previous |
| U24304GJ2016PTC094939 | Previous |
Recognitions & Rankings of Kotyark Industries
Contact details
Kotyark Industries Limited's registered office is in Vadodara, Gujarat. Its website is kotyark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 3 2nd Floor Shree Ganesh Nagar Housing Society Ramakaka Temple Road Chhani, Vadodara, Gujarat, India – 391740
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Kotyark 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
Kotyark Industries operates one associated brand: Kotyark. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of fuel for green environment | kotyark.com |
Business activity
The main business activity of Kotyark Industries is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Kotyark Industries Limited, buy the company report.
Financials of Kotyark Industries Limited
FY 2025-26 filings availableKotyark Industries Limited reported revenue of ₹314.87 Cr (up 9.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 315 | 288 | 271 | 131 |
| Revenue growth | +9.3% | +6.3% | +106.9% | - |
| EBITDA | 47.94 | 42.66 | 44.49 | 24.58 |
| EBITDA margin | +15.2% | +14.8% | +16.4% | +18.8% |
| Profit before tax | 26.85 | 20.42 | 30.61 | 19.35 |
| Net profit | 18.75 | 14.02 | 22.70 | 14.34 |
| Net profit margin | +6.0% | +4.9% | +8.4% | +11.0% |
| EPS (₹) | 18.26 | 14.08 | 21.60 | 14.88 |
| Balance sheet | ||||
| Total assets | 248 | 213 | 213 | 111 |
| Net worth | 181 | 162 | 144 | 76.71 |
| Total debt | 64.87 | 49.80 | 68.09 | 33.94 |
| Cash & bank | 1.39 | 0.36 | 5.05 | 0.21 |
| Net working capital | 170 | 128 | 129 | 55.19 |
| Cash flow | ||||
| Cash from operations | (3.92) | 30.92 | (15.56) | 9.91 |
| Cash from investing | (2.59) | (13.43) | (53.44) | (32.00) |
| Cash from financing | 7.53 | (22.17) | 73.83 | 21.67 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 61.27 | 91.98 | 63.66 | 104 | 64.86 | 82.46 | 19.86 | 71.48 |
| Revenue growth (YoY) | -5.5% | +11.5% | +220.5% | +45.3% | - | - | -86.2% | - |
| Other income | 0.02 | 0.01 | 0.00 | 0.00 | 0.05 | 0.02 | 0.36 | 0.02 |
| EBITDA | 12.67 | 11.71 | 19.14 | 9.89 | 8.38 | 10.29 | 5.60 | 0.81 |
| EBITDA margin | +20.7% | +12.7% | +30.1% | +9.5% | +12.9% | +12.5% | +28.2% | +1.1% |
| Depreciation | 2.49 | 2.48 | 3.22 | 3.20 | 3.54 | 2.86 | 4.00 | 3.69 |
| Interest | 1.85 | 1.76 | 2.35 | 2.57 | 1.69 | 1.73 | 1.51 | 2.15 |
| Profit before tax | 8.35 | 7.48 | 13.57 | 4.12 | 3.20 | 5.72 | 0.45 | (5.01) |
| Tax | 2.12 | 3.01 | 4.20 | 0.95 | 0.68 | 1.64 | (1.06) | (0.07) |
| Net profit | 6.23 | 4.47 | 9.37 | 3.17 | 2.52 | 4.08 | 1.51 | (4.94) |
| EPS (₹) | 0.55 | 0.40 | 9.08 | 3.04 | 2.49 | 3.46 | 1.42 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 296 | 284 | 271 | 131 | 156 | 65.21 | 25.75 |
| Revenue growth | +4.5% | +4.7% | +106.9% | -16.1% | +139.3% | +153.2% | - |
| EBITDA | 44.53 | 42.32 | 44.53 | 24.60 | 12.75 | 2.91 | 1.92 |
| EBITDA margin | +15.0% | +14.9% | +16.4% | +18.8% | +8.2% | +4.5% | +7.5% |
| Profit before tax | 22.54 | 19.97 | 30.65 | 19.37 | 11.56 | 1.39 | 0.68 |
| Net profit | 16.11 | 13.75 | 22.74 | 14.36 | 8.63 | 1.05 | 0.48 |
| Net profit margin | +5.4% | +4.8% | +8.4% | +11.0% | +5.5% | +1.6% | +1.9% |
| EPS (₹) | 15.71 | 13.83 | 21.64 | 14.89 | 10.44 | 10.84 | 5.04 |
| Balance sheet | |||||||
| Total assets | 237 | 202 | 206 | 111 | 30.29 | 16.88 | 15.64 |
| Net worth | 159 | 143 | 144 | 76.73 | 26.63 | 3.18 | 2.14 |
| Total debt | 77.73 | 58.72 | 61.62 | 33.94 | 3.65 | 13.70 | 13.50 |
| Cash & bank | 1.14 | 0.20 | 1.41 | 0.11 | 0.57 | 0.30 | 0.02 |
| Net working capital | 169 | 127 | 125 | 55.09 | 23.71 | 10.59 | 9.97 |
| Cash flow | |||||||
| Cash from operations | (6.96) | 31.08 | (15.35) | 9.91 | (2.85) | 1.99 | (9.94) |
| Cash from investing | (2.67) | (6.44) | (50.80) | (32.10) | (0.97) | (1.51) | (1.35) |
| Cash from financing | 10.57 | (25.85) | 67.44 | 21.67 | 4.15 | (0.26) | 11.17 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.42 | 84.92 | 63.73 | 93.51 | 62.52 | 76.74 | 18.03 | 69.02 |
| Revenue growth (YoY) | -8.2% | +10.7% | +253.5% | +35.5% | - | - | - | - |
| Other income | 0.02 | 0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.36 | 0.02 |
| Total expenses | 48.15 | 77.77 | 44.63 | 83.84 | 54.32 | 69.38 | 12.73 | 68.30 |
| EBITDA | 9.27 | 7.15 | 19.10 | 9.67 | 8.20 | 7.36 | 5.30 | 0.72 |
| EBITDA margin | +16.1% | +8.4% | +30.0% | +10.3% | +13.1% | +9.6% | +29.4% | +1.0% |
| Depreciation | 2.49 | 2.48 | 3.21 | 3.20 | 3.53 | 2.86 | 4.00 | 3.69 |
| Interest | 1.85 | 1.76 | 2.87 | 2.56 | 2.08 | 1.73 | 1.62 | 2.15 |
| Profit before tax | 4.95 | 2.92 | 13.02 | 3.92 | 2.60 | 2.79 | 0.04 | (5.10) |
| Tax | 1.25 | 1.86 | 3.92 | 0.95 | (0.12) | 1.64 | (1.18) | (0.08) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 61.27 | 91.98 | 63.66 | 104 | 64.86 | 82.46 | 19.86 | 71.48 |
| Revenue growth (YoY) | -5.5% | +11.5% | +220.5% | +45.3% | - | - | -86.2% | - |
| Other income | 0.02 | 0.01 | 0.00 | 0.00 | 0.05 | 0.02 | 0.36 | 0.02 |
| EBITDA | 12.67 | 11.71 | 19.14 | 9.89 | 8.38 | 10.29 | 5.60 | 0.81 |
| EBITDA margin | +20.7% | +12.7% | +30.1% | +9.5% | +12.9% | +12.5% | +28.2% | +1.1% |
| Depreciation | 2.49 | 2.48 | 3.22 | 3.20 | 3.54 | 2.86 | 4.00 | 3.69 |
| Interest | 1.85 | 1.76 | 2.35 | 2.57 | 1.69 | 1.73 | 1.51 | 2.15 |
| Profit before tax | 8.35 | 7.48 | 13.57 | 4.12 | 3.20 | 5.72 | 0.45 | (5.01) |
| Tax | 2.12 | 3.01 | 4.20 | 0.95 | 0.68 | 1.64 | (1.06) | (0.07) |
| Net profit | 6.23 | 4.47 | 9.37 | 3.17 | 2.52 | 4.08 | 1.51 | (4.94) |
| EPS (₹) | 0.55 | 0.40 | 9.08 | 3.04 | 2.49 | 3.46 | 1.42 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 315 | 288 | 271 | 131 |
| Revenue growth | +9.3% | +6.3% | +106.9% | - |
| Other income | 0.05 | 0.75 | 0.93 | 0.01 |
| Total expenses | 267 | 245 | 226 | 106 |
| Employee cost | 2.55 | 4.07 | 2.31 | 1.71 |
| EBITDA | 47.94 | 42.66 | 44.49 | 24.58 |
| EBITDA margin | +15.2% | +14.8% | +16.4% | +18.8% |
| Depreciation | 12.82 | 15.26 | 8.26 | 1.94 |
| Interest | 8.32 | 7.73 | 6.55 | 3.30 |
| Profit before tax | 26.85 | 20.42 | 30.61 | 19.35 |
| Tax | 7.48 | 5.88 | 8.40 | 5.01 |
| Net profit | 18.75 | 14.02 | 22.70 | 14.34 |
| Net profit margin | +6.0% | +4.9% | +8.4% | +11.0% |
| EPS (₹) | 18.26 | 14.08 | 21.60 | 14.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 10.28 | 10.28 | 10.28 | 9.64 |
| Reserves & surplus | 151 | 133 | 134 | 67.07 |
| Shareholders' funds (net worth) | 181 | 162 | 144 | 76.71 |
| Minority interest | 1.58 | 0.09 | 0.02 | 0.00 |
| Secured loans | 57.62 | 48.50 | 67.71 | 33.20 |
| Unsecured loans | 7.25 | 1.30 | 0.38 | 0.74 |
| Total debt | 64.87 | 49.80 | 68.09 | 33.94 |
| Total liabilities | 248 | 213 | 213 | 111 |
| Assets | ||||
| Gross block | 99.65 | 97.77 | 90.01 | 34.47 |
| Net block | 56.51 | 67.18 | 73.69 | 25.67 |
| Capital work in progress | 13.40 | 12.91 | 7.87 | 8.27 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 151 | 128 | 84.57 | 36.57 |
| Sundry debtors | 17.70 | 9.62 | 34.44 | 13.59 |
| Cash & bank balances | 1.39 | 0.36 | 5.05 | 0.21 |
| Loans & advances | 12.31 | 11.90 | 13.13 | 8.71 |
| Total current assets | 183 | 150 | 137 | 59.08 |
| Total current liabilities | 12.64 | 22.34 | 8.46 | 3.89 |
| Net working capital | 170 | 128 | 129 | 55.19 |
| Total assets | 248 | 213 | 213 | 111 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 0.36 | 5.05 | 0.21 | 0.63 |
| Net cash from operating activities | (3.92) | 30.92 | (15.56) | 9.91 |
| Net cash from investing activities | (2.59) | (13.43) | (53.44) | (32.00) |
| Net cash from financing activities | 7.53 | (22.17) | 73.83 | 21.67 |
| Net change in cash | 1.02 | (4.68) | 4.83 | (0.42) |
| Closing cash | 1.39 | 0.36 | 5.05 | 0.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +9.3% | +6.3% | +106.9% | - |
| EBITDA growth | +12.4% | -4.1% | +81.0% | - |
| PBT growth | +31.5% | -33.3% | +58.2% | +9997.0% |
| Net income growth | +33.7% | -38.2% | +58.3% | - |
| Revenue CAGR (3Y) | +34.0% | - | - | - |
| EBITDA CAGR (3Y) | +24.9% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +6.2% | +5.1% | +8.2% | +11.0% |
| Return on capital employed | +15.3% | +13.2% | +23.0% | +20.5% |
| Return on net worth | +11.3% | +9.5% | +20.1% | +18.7% |
| Debt / equity | 0.33 | 0.38 | 0.46 | 0.44 |
| Long-term debt / equity | 0.15 | 0.20 | 0.21 | 0.21 |
| Interest cover | 23.69 | 28.21 | 18.08 | 14.58 |
| Efficiency & per share | ||||
| Fixed asset turnover | 3.19 | 3.07 | 4.35 | 3.80 |
| Inventory turnover | 2.25 | 2.71 | 4.47 | 3.58 |
| Debtors turnover | 23.05 | 13.08 | 11.28 | 9.64 |
| EPS (₹) | 18.26 | 14.08 | 21.60 | 14.88 |
| Dividend per share (₹) | 5.00 | 8.50 | 7.50 | 5.00 |
| Book value per share (₹) | 157.28 | 139.17 | 140.21 | 79.55 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.42 | 84.92 | 63.73 | 93.51 | 62.52 | 76.74 | 18.03 | 69.02 |
| Revenue growth (YoY) | -8.2% | +10.7% | +253.5% | +35.5% | - | - | - | - |
| Other income | 0.02 | 0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.36 | 0.02 |
| Total expenses | 48.15 | 77.77 | 44.63 | 83.84 | 54.32 | 69.38 | 12.73 | 68.30 |
| EBITDA | 9.27 | 7.15 | 19.10 | 9.67 | 8.20 | 7.36 | 5.30 | 0.72 |
| EBITDA margin | +16.1% | +8.4% | +30.0% | +10.3% | +13.1% | +9.6% | +29.4% | +1.0% |
| Depreciation | 2.49 | 2.48 | 3.21 | 3.20 | 3.53 | 2.86 | 4.00 | 3.69 |
| Interest | 1.85 | 1.76 | 2.87 | 2.56 | 2.08 | 1.73 | 1.62 | 2.15 |
| Profit before tax | 4.95 | 2.92 | 13.02 | 3.92 | 2.60 | 2.79 | 0.04 | (5.10) |
| Tax | 1.25 | 1.86 | 3.92 | 0.95 | (0.12) | 1.64 | (1.18) | (0.08) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 296 | 284 | 271 | 131 | 156 | 65.21 | 25.75 |
| Revenue growth | +4.5% | +4.7% | +106.9% | -16.1% | +139.3% | +153.2% | - |
| Other income | 0.04 | 0.75 | 0.93 | 0.01 | 0.30 | 0.08 | 0.03 |
| Total expenses | 252 | 241 | 226 | 106 | 143 | 62.30 | 23.83 |
| Employee cost | 2.55 | 2.48 | 2.31 | 1.71 | 0.31 | 1.83 | 0.15 |
| EBITDA | 44.53 | 42.32 | 44.53 | 24.60 | 12.75 | 2.91 | 1.92 |
| EBITDA margin | +15.0% | +14.9% | +16.4% | +18.8% | +8.2% | +4.5% | +7.5% |
| Depreciation | 12.81 | 15.26 | 8.26 | 1.94 | 0.99 | 0.88 | 0.77 |
| Interest | 9.22 | 7.84 | 6.55 | 3.30 | 0.50 | 0.72 | 0.50 |
| Profit before tax | 22.54 | 19.97 | 30.65 | 19.37 | 11.56 | 1.39 | 0.68 |
| Tax | 6.40 | 5.75 | 8.40 | 5.01 | 2.93 | 0.34 | 0.20 |
| Net profit | 16.11 | 13.75 | 22.74 | 14.36 | 8.63 | 1.05 | 0.48 |
| Net profit margin | +5.4% | +4.8% | +8.4% | +11.0% | +5.5% | +1.6% | +1.9% |
| EPS (₹) | 15.71 | 13.83 | 21.64 | 14.89 | 10.44 | 10.84 | 5.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.28 | 10.28 | 10.28 | 9.64 | 8.27 | 0.96 | 0.96 |
| Reserves & surplus | 149 | 133 | 134 | 67.09 | 18.36 | 2.22 | 1.18 |
| Shareholders' funds (net worth) | 159 | 143 | 144 | 76.73 | 26.63 | 3.18 | 2.14 |
| Secured loans | 62.84 | 47.29 | 61.24 | 33.20 | 2.52 | 5.86 | 5.15 |
| Unsecured loans | 14.89 | 11.43 | 0.38 | 0.74 | 1.13 | 7.84 | 8.35 |
| Total debt | 77.73 | 58.72 | 61.62 | 33.94 | 3.65 | 13.70 | 13.50 |
| Total liabilities | 237 | 202 | 206 | 111 | 30.29 | 16.88 | 15.64 |
| Assets | |||||||
| Gross block | 99.10 | 97.76 | 90.01 | 34.47 | 8.87 | 7.83 | 6.49 |
| Net block | 55.97 | 67.17 | 73.69 | 25.67 | 6.13 | 6.07 | 5.61 |
| Capital work in progress | 0.00 | 0.00 | 1.94 | 8.27 | 0.00 | 0.00 | 0.00 |
| Investments | 1.40 | 0.30 | 0.30 | 0.10 | 0.00 | 0.00 | 0.00 |
| Inventories | 151 | 128 | 84.57 | 36.57 | 8.53 | 7.15 | 7.13 |
| Sundry debtors | 17.70 | 10.64 | 34.44 | 13.59 | 7.19 | 0.26 | 5.54 |
| Cash & bank balances | 1.14 | 0.20 | 1.41 | 0.11 | 0.57 | 0.30 | 0.02 |
| Loans & advances | 10.43 | 10.04 | 12.55 | 8.71 | 8.62 | 4.02 | 0.76 |
| Total current assets | 180 | 149 | 133 | 58.98 | 24.91 | 11.73 | 13.45 |
| Total current liabilities | 11.55 | 22.14 | 8.14 | 3.89 | 1.20 | 1.14 | 3.48 |
| Net working capital | 169 | 127 | 125 | 55.09 | 23.71 | 10.59 | 9.97 |
| Total assets | 237 | 202 | 206 | 111 | 30.29 | 16.88 | 15.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.20 | 1.41 | 0.11 | 0.63 | 0.23 | 0.02 | 0.14 |
| Net cash from operating activities | (6.96) | 31.08 | (15.35) | 9.91 | (2.85) | 1.99 | (9.94) |
| Net cash from investing activities | (2.67) | (6.44) | (50.80) | (32.10) | (0.97) | (1.51) | (1.35) |
| Net cash from financing activities | 10.57 | (25.85) | 67.44 | 21.67 | 4.15 | (0.26) | 11.17 |
| Net change in cash | 0.94 | (1.21) | 1.29 | (0.52) | 0.34 | 0.22 | (0.12) |
| Closing cash | 1.14 | 0.20 | 1.41 | 0.11 | 0.57 | 0.30 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.5% | +4.7% | +106.9% | -16.1% | +139.3% | +153.2% | - |
| EBITDA growth | +5.2% | -5.0% | +81.0% | +92.9% | +338.1% | +51.6% | - |
| PBT growth | +12.9% | -34.9% | +58.2% | +67.6% | +731.7% | +104.4% | -10.5% |
| Net income growth | +17.2% | -39.5% | +58.4% | +66.4% | +721.9% | +118.8% | - |
| Revenue CAGR (3Y) | +31.3% | +22.1% | +60.8% | +72.0% | +60.8% | - | - |
| EBITDA CAGR (3Y) | +21.9% | +49.2% | +148.3% | +134.0% | +146.6% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.4% | +5.0% | +8.2% | +11.0% | +5.5% | +1.6% | +1.9% |
| Return on capital employed | +14.5% | +13.6% | +23.5% | +32.2% | +51.2% | +13.0% | +11.8% |
| Return on net worth | +10.7% | +9.9% | +20.1% | +27.8% | +58.0% | +39.1% | +25.9% |
| Debt / equity | 0.45 | 0.42 | 0.43 | 0.36 | 0.58 | 5.11 | 4.30 |
| Long-term debt / equity | 0.13 | 0.17 | 0.21 | 0.19 | 0.45 | 3.89 | 3.46 |
| Interest cover | 29.07 | 28.97 | 18.06 | 14.56 | 4.25 | 35.47 | 43.48 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.01 | 3.02 | 4.35 | 6.04 | 18.69 | 9.11 | 4.53 |
| Inventory turnover | 2.12 | 2.67 | 4.47 | 5.81 | 19.90 | 9.13 | 5.81 |
| Debtors turnover | 20.92 | 12.59 | 11.28 | 12.61 | 41.89 | 22.49 | 8.11 |
| EPS (₹) | 15.71 | 13.83 | 21.64 | 14.89 | 10.44 | 10.84 | 5.04 |
| Dividend per share (₹) | 5.00 | 8.50 | 7.50 | 5.00 | 2.00 | 0.00 | 0.00 |
| Book value per share (₹) | 154.54 | 138.98 | 140.27 | 79.57 | 32.19 | 33.07 | 22.22 |
To see the full year-wise statements and ratios of Kotyark Industries Limited, buy the company report.
Board of directors of Kotyark Industries Limited
Kotyark Industries has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaviniben Gaurang Shah | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Akshay Jayrajbhai Shah Also directs: Khadayata Industries Limited, Kotyark Bio Specialities Limited, Semani Industries Limited and 1 more | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Dhruti Mihir Shah Also directs: Kotyark Agro Private Limited | Whole-Time Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Gaurang Rameshchandra Shah Also directs: Khadayata Industries Limited, Semani Industries Limited, Parth Renewable Energy LLP and 3 more | Managing Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Harsh Mukeshbhai Parikh Also directs: Khadayata Industries Limited | Director | 09 Aug 2021 | 5 Years 3 Months | Current |
| Viral Mukeshbhai Mamtora Also directs: BBM Consultancy Private Limited | Director | 29 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Kotyark Industries Limited is audited by MANUBHAI & SHAH LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANUBHAI & SHAH LLP | FY 2025 | 106041W/W100136 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.30%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 42.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.30% | 63.80% | 67.80% | 67.80% |
| Public | 42.70% | 36.20% | 32.20% | 32.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2026 | 101399151 | Axis Bank Limited | ₹60.25 Cr | Open | |
| 21 Mar 2026 | 101290205 | Others | ₹3.7 Cr | Open | |
| 21 Feb 2026 | 101248269 | Others | ₹4.98 Cr | Open | |
| 19 Feb 2026 | 101275530 | Axis Bank Limited | ₹9.99 Cr | Open | |
| 02 Feb 2024 | 100862464 | Hdfc Bank Limited | ₹1.84 Cr | Open |
To see the full charge records of Kotyark Industries Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Kotyark Industries Limited has 15 deals on record (10 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹21.63 Cr; the latest was in March 2026.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Market trade | ₹1.62 Cr | Buyer: Neo Apex Venture LLP |
| Mar 2025 | Market trade | ₹3.31 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited |
| Jun 2024 | Market trade | ₹12.31 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited , an individual |
| Sep 2022 | Funding round | ₹20.67 Cr | Investors: India Equity Fund I, Wow Investments, 2 individuals |
| Aug 2022 | Market trade | ₹4.73 Cr | Buyer: Gunavanth Kumar Huf Seller: Sunflower Broking Private Limited , Sambhavnath Investments and Finances Private Limited , an individual |
To see the full deal history of Kotyark Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kotyark Industries Limited has 27 court cases on record: 18 filed by Kotyark Industries, 9 filed against it. 14 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 1 | 8 |
| NCLAT | 7 | 7 | 6 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Global Medicines Limited | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by M/S Yamuna Bio Energy Pvt Ltd Through Its Authorised Officer Director Hemant Patel Office at GF 11, Divya Jyot Complex, Rama Kaka Temple Road, Chhani, , District: Vadodara ,Vadodara , Gujarat | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against M/S Yamuna Bio Energy Pvt. Ltd. THR. Its Authorized Officer Neeraj Somani/ Director Office at GF 11, Divya Jyot Complex, Rama Kaka Temple Road, Chhani ,Jaipur , Rajasthan and 4 others | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against M/S. Yamuna Bio Energy Pvt Ltd., and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Mayurkumar Vishnubhai Patel Suspended Director of Global Medicines Limited | Pending |
To see the full case history of Kotyark 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
Kotyark Industries Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kotyark Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kotyark Industries Limited has a workforce of 59 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Kotyark Industries has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCK3927K2ZC | Gujarat | Active | 12 Dec 2023 |
| 24AAGCK3927K3ZB | Gujarat | Active | 01 Apr 2025 |
| 08AAGCK3927K1Z7 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kotyark Industries Limited, buy the company report.
Recent activity
Kotyark Industries Limited has 9 board changes on record since 2018: 7 appointments and 2 cessations. The latest: Viral Mukeshbhai Mamtora was appointed as Director on 29 Jan 2026.
23 earlier events are in the company report.
News
Frequently asked questions
Kotyark Industries is an active public limited company based in Vadodara, Gujarat, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 30 December 2016 (10+ years old) and is registered under CIN L24100GJ2016PLC094939. Listed on BSE: 544726 and NSE: KOTYARK.
Kotyark Industries reported revenue of ₹314.87 Cr for FY 2025-26 (up 9.3% YoY) based on consolidated financials.
Kotyark Industries has 6 current directors:
- Gaurang Rameshchandra Shah - Managing Director
- Dhruti Mihir Shah - Whole-Time Director
- Bhaviniben Gaurang Shah - Director
- Akshay Jayrajbhai Shah - Director
- Harsh Mukeshbhai Parikh - Director
- Viral Mukeshbhai Mamtora - Director
The latest financial statements of Kotyark Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kotyark Industries is 24AAGCK3927K2ZC, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAGCK3927K3ZB (Gujarat), 08AAGCK3927K1Z7 (Rajasthan).
The CIN (Corporate Identification Number) of Kotyark Industries is L24100GJ2016PLC094939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kotyark Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 544726) and NSE (symbol: KOTYARK).
Kotyark Industries has 27 court cases on record: 18 filed by the company and 9 filed against it. 14 are pending. Most are in the high courts.
Kotyark Industries was incorporated on 30 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kotyark Industries has 15 deals on record (10 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹21.63 Cr; the latest was in March 2026.
Viral Mukeshbhai Mamtora was appointed as Director on 29 Jan 2026. Rashmi Kamlesh Otavani ceased to be Director on 13 Nov 2025. Rashmi Kamlesh Otavani was appointed as Director on 21 Jan 2025. Kotyark Industries has 9 board changes on record in total.

