Krishna Filament Industries Limited
About Krishna Filament Industries Limited
Data last updated:
Krishna Filament Industries Limited is a public limited company based in Thane, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 20 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25200MH1988PLC048178. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 500248.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹7.79 Cr. It was formerly known as Krishna Filaments Overseas Limited and Mavi Industries Limited. It is led by directors including Bhupat Savajibhai Chaniyara and Jagdish Zalavadia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Betegaon Villageboisar (E) Taluka Palghar, Thane, Maharashtra, India – 401501.
Total assets are valued at ₹3 Lakh (down 25% YoY).
As per MCA filings, the company has open charges of ₹16.63 Cr and satisfied charges of ₹448.71 Cr on record. Court records list 40 cases involving the company, including 14 filed by the company and 26 filed against it; 1 case is pending. The company has 8 deals on record (8 market trades); the latest was in December 2023.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Krishna Filament Industries has undergone 4 name changes throughout its history. The current legal name is Krishna Filament Industries Limited.
| Company Name | Status |
|---|---|
| Krishna Filament Industries Limited | Current |
| Krishna Filaments Overseas Limited | Previous |
| Mavi Industries Limited | Previous |
| Krishna Filaments Poly Limited | Previous |
| Krishna Filaments Limited | Previous |
Contact details
Krishna Filament Industries Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressBetegaon Villageboisar (E) Taluka Palghar, Thane, Maharashtra, India – 401501
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Krishna Filament 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
Financials of Krishna Filament Industries Limited
FY 2025-26 filings availableKrishna Filament Industries Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (0.08) | (0.08) | (0.09) | (0.12) | 0.00 | (0.32) | (0.18) |
| Profit before tax | 0.00 | 0.01 | (0.02) | 0.03 | 0.00 | (0.32) | (0.13) |
| Net profit | 0.00 | 0.01 | (0.02) | 0.03 | 0.00 | (0.29) | (0.17) |
| EPS (₹) | 0.00 | 0.01 | (0.03) | 0.03 | 0.00 | (0.38) | (0.17) |
| Balance sheet | |||||||
| Total assets | 0.03 | 0.04 | 0.03 | 0.05 | 0.03 | 0.06 | 0.35 |
| Net worth | (2.84) | (2.84) | (2.84) | (2.82) | (2.85) | (2.82) | (2.52) |
| Total debt | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 |
| Cash & bank | 0.04 | 0.02 | 0.02 | 0.03 | 0.00 | 0.02 | 0.11 |
| Net working capital | (0.64) | (0.65) | (0.66) | (0.63) | (0.67) | (0.64) | (0.37) |
| Cash flow | |||||||
| Cash from operations | 0.02 | 0.00 | 0.00 | 0.08 | (0.01) | (0.12) | (0.07) |
| Cash from investing | 0.00 | 0.00 | 0.00 | (0.06) | 0.00 | 0.03 | 0.04 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Total expenses | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| EBITDA | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.10 | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.01) | 0.00 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Total expenses | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| EBITDA | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.10 | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.01) | 0.00 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.08 | 0.09 | 0.07 | 0.15 | 0.00 | 0.00 | 0.05 |
| Total expenses | 0.08 | 0.08 | 0.09 | 0.12 | 0.00 | 0.32 | 0.18 |
| Employee cost | 0.00 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| EBITDA | (0.08) | (0.08) | (0.09) | (0.12) | 0.00 | (0.32) | (0.18) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.00 | 0.01 | (0.02) | 0.03 | 0.00 | (0.32) | (0.13) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.03) | 0.00 |
| Net profit | 0.00 | 0.01 | (0.02) | 0.03 | 0.00 | (0.29) | (0.17) |
| EPS (₹) | 0.00 | 0.01 | (0.03) | 0.03 | 0.00 | (0.38) | (0.17) |
| 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 | 7.79 | 7.79 | 7.79 | 7.79 | 7.79 | 7.79 | 7.79 |
| Reserves & surplus | (10.63) | (10.63) | (10.63) | (10.61) | (10.64) | (10.61) | (10.31) |
| Shareholders' funds (net worth) | (2.84) | (2.84) | (2.84) | (2.82) | (2.85) | (2.82) | (2.52) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 |
| Total debt | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 |
| Total liabilities | 0.03 | 0.04 | 0.03 | 0.05 | 0.03 | 0.06 | 0.35 |
| Assets | |||||||
| Gross block | 0.31 | 0.31 | 0.31 | 0.31 | 0.34 | 0.34 | 0.34 |
| Net block | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.34 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.04 | 0.02 | 0.02 | 0.03 | 0.00 | 0.02 | 0.11 |
| Loans & advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Total current assets | 0.04 | 0.02 | 0.02 | 0.03 | 0.01 | 0.03 | 0.12 |
| Total current liabilities | 0.68 | 0.67 | 0.68 | 0.66 | 0.68 | 0.67 | 0.49 |
| Net working capital | (0.64) | (0.65) | (0.66) | (0.63) | (0.67) | (0.64) | (0.37) |
| Total assets | 0.03 | 0.04 | 0.03 | 0.05 | 0.03 | 0.06 | 0.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.02 | 0.03 | 0.00 | 0.02 | 0.11 | 0.14 |
| Net cash from operating activities | 0.02 | 0.00 | 0.00 | 0.08 | (0.01) | (0.12) | (0.07) |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | (0.06) | 0.00 | 0.03 | 0.04 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.02 | 0.00 | 0.00 | 0.02 | (0.01) | (0.09) | (0.03) |
| Closing cash | 0.04 | 0.02 | 0.02 | 0.03 | 0.00 | 0.02 | 0.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| EBITDA growth | 0.0% | +11.1% | +25.0% | - | +100.0% | -77.8% | - |
| PBT growth | +9997.0% | +9998.0% | - | +9997.0% | +9997.0% | -146.2% | - |
| Net income growth | -100.0% | +150.0% | -166.7% | - | +100.0% | -70.6% | - |
| EBITDA CAGR (3Y) | -12.6% | - | -34.5% | -12.6% | -100.0% | +74.7% | -43.9% |
| Profitability & leverage | |||||||
| Return on capital employed | - | +0.0% | 0.0% | +0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | +0.0% | 0.0% | +0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.00 | 0.01 | (0.03) | 0.03 | 0.00 | (0.38) | (0.17) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (3.65) | (3.66) | (3.63) | (3.66) | (3.63) | (3.24) |
To see the full year-wise statements and ratios of Krishna Filament Industries Limited, buy the company report.
Board of directors and KMP of Krishna Filament Industries Limited
Krishna Filament Industries Limited currently reports 5 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupat Savajibhai Chaniyara | Director | 11 Oct 2023 | 3 Years 0 Months | Current |
| Jagdish Zalavadia | Director | 11 Oct 2023 | 3 Years 0 Months | Current |
| Madan Pandey | Director | 11 Oct 2023 | 3 Years 0 Months | Current |
| Harinakshi Shrikanth Amin Also directs: Wellknown Infrastructure LLP | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Sumit Gupta Also directs: B2shine Overseas (OPC) Private Limited | Company Secretary | 21 Aug 2023 | 3 Years 2 Months | Current |
| Kinjal Ruvi Bhansali | Additional Director | 07 Sep 2026 | 0 Years 1 Months | Current |
Auditor
Krishna Filament Industries Limited is audited by A M S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M S & CO | FY 2021 | 130878W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 62.40%, foreign institutional investors hold 1.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 36.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 62.40% | 62.40% | 62.40% | 62.40% |
| Public | 37.60% | 37.60% | 37.60% | 37.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 1994 | 90150289 | State Bank of India | ₹3 Cr | Open | |
| 30 Aug 1994 | 90151827 | State Bank of India | ₹3 Cr | Open | |
| 06 Apr 1994 | 90150275 | State Bank of India | ₹9.7 Cr | Open | |
| 01 Feb 1994 | 90150261 | State Bank of India | ₹93 Lakh | Open | |
| 10 Dec 1999 | 90150738 | Syndicate Bank | ₹45.65 Cr | Satisfied |
To see the full charge records of Krishna Filament Industries Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Krishna Filament Industries Limited has 8 deals on record (8 market trades); the latest was in December 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Market trade | ₹3 Lakh | Buyer: Ichikawa General Trading Llc Seller: Kamal Kumar Jalan Sec. Pvt. Ltd, Ichikawa General Trading Llc |
| Jun 2020 | Market trade | ₹76.3 Lakh | Buyer: an individual Seller: 4 individuals |
| May 2019 | Market trade | ₹22.1 Lakh | Buyer: an individual Seller: an individual |
| Jul 2018 | Market trade | ₹20.3 Lakh | Buyer: an individual Seller: Mavi Business Ventures LLP |
| Jun 2018 | Market trade | ₹20.5 Lakh | Buyer: Mavi Business Ventures LLP Seller: an individual |
To see the full deal history of Krishna Filament 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
Krishna Filament Industries Limited has 40 court cases on record: 14 filed by Krishna Filament Industries, 26 filed against it. 1 case is pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 21 | 1 |
| District courts | 5 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRE) | Filed against the company by Idbi | Pending |
| Bombay High Court | Appeal | Filed by the company against M/S. Pioneer Chemoplast Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Thomson Press (India) Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Shipping Corporation of India Ltd. and Ors. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Lloyds Finance Ltd., | Disposed |
To see the full case history of Krishna Filament 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
No delayed payments to MSME suppliers are on our record for Krishna Filament Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krishna Filament Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Krishna Filament Industries Limited, buy the company report.
Recent activity
Krishna Filament Industries Limited has 18 board changes on record since 2009: 6 appointments and 12 cessations. The latest: Kinjal Ruvi Bhansali was appointed as Additional Director on 07 Sep 2026.
84 earlier events are in the company report.
Frequently asked questions
Krishna Filament Industries is an active public limited company based in Thane, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 20 July 1988 (38+ years old) and is registered under CIN L25200MH1988PLC048178. Listed on BSE: 500248.
Krishna Filament Industries has 6 current directors and KMP:
- Bhupat Savajibhai Chaniyara - Director
- Jagdish Zalavadia - Director
- Madan Pandey - Director
- Harinakshi Shrikanth Amin - Director
- Kinjal Ruvi Bhansali - Additional Director
- Sumit Gupta - Company Secretary
The latest financial statements of Krishna Filament Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Krishna Filament Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Krishna Filament Industries is L25200MH1988PLC048178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Krishna Filament Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 500248).
Krishna Filament Industries has 40 court cases on record: 14 filed by the company and 26 filed against it. 1 is pending. Most are in the high courts.
Krishna Filament Industries was incorporated on 20 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishna Filament Industries has 8 deals on record (8 market trades); the latest was in December 2023.
Kinjal Ruvi Bhansali was appointed as Additional Director on 07 Sep 2026. Bhupat Savajibhai Chaniyara was appointed as Director on 11 Oct 2023. Jagdish Zalavadia was appointed as Director on 11 Oct 2023. Krishna Filament Industries has 18 board changes on record in total.
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