About K-Lifestyle & Industries Limited
Data last updated:
K-Lifestyle & Industries Limited is a public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 August 1987.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74999DN1987PLC000035. Its GSTIN is 06AABCS1364B1ZW (Haryana). The company holds 6 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (514221) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹102.24 Cr. It was formerly known as Shree Krishna Polyester and Synthetic Private Limited and Krishna Lifestyle Technologies Limited. It is led by directors including Jaiprakash Atmaram Mishra (Managing Director) and Narayan Ramchandra Ghumatkar.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 58 – A Dhanu Udyog Ind. Estate Piperia, Silvassa, Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2018, the company reported a revenue of ₹52.77 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹51.7 Cr (net margin -98%) and EBITDA of -₹7.75 Lakh (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
As per MCA filings, the company has open charges of ₹630.5 Cr and satisfied charges of ₹146.8 Cr on record. Court records list 123 cases involving the company, including 65 filed by the company and 61 filed against it; 20 cases are pending. The company has 1 deal on record (1 market trade); the latest was in August 2005. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Diwan Brothers Texim Private Limited with revenue of ₹52.92 Cr.
The last known website on record is klifestyleindustries.com.
Company details
Name history
K-Lifestyle & Industries has undergone 2 name changes throughout its history. The company was previously known as Shree Krishna Polyester And Synthetic Private Limited, and Krishna Lifestyle Technologies Limited. The current legal name is K-Lifestyle & Industries Limited.
| Company Name | Status |
|---|---|
| K-Lifestyle & Industries Limited | Current |
| Shree Krishna Polyester And Synthetic Private Limited | Previous |
| Krishna Lifestyle Technologies Limited | Previous |
CIN history
K-Lifestyle & Industries has one previous CIN (Corporate Identification Number): L99999DN1987PLC000035. The current CIN is L74999DN1987PLC000035, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999DN1987PLC000035 | Current |
| L99999DN1987PLC000035 | Previous |
Contact details
K-Lifestyle & Industries Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is klifestyleindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address58 – A Dhanu Udyog Ind. Estate Piperia, Silvassa, Dadra and Nagar Haveli, India – 396230
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of K-Lifestyle & 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
Business activity
The main business activity of K-Lifestyle & Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of K-Lifestyle & Industries Limited, buy the company report.
Financials of K-Lifestyle & Industries Limited
FY 2019 filings availableK-Lifestyle & Industries Limited reported revenue of ₹52.77 Cr (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 10% fall in the latest year. EBITDA fell 102% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹52.77 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7.75 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹51.7 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.1% | |||
| Net Profit Margin | -98% | |||
| 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 K-Lifestyle & Industries Limited, buy the company report.
Board of directors of K-Lifestyle & Industries Limited
K-Lifestyle & Industries has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Ramchandra Ghumatkar Also directs: Mori Hanol Hydro Power Limited | Director | 27 Feb 2014 | 12 Years 8 Months | As last reported |
| Manasi Indrajit Wadkar Also directs: Asahi Industries Limited | Director | 07 Nov 2014 | 12 Years 0 Months | As last reported |
| Jaiprakash Atmaram Mishra Also directs: Mori Hanol Hydro Power Limited, Pulgaon Cotton Mills Limited | Managing Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Pravinkumar Mohanlal Parekh Also directs: Mori Hanol Hydro Power Limited, Pulgaon Cotton Mills Limited | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
K-Lifestyle & Industries Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diwan Brothers Texim Private Limited | ₹52.92 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Sri Jaya Maaruthi Yarn (Indiaa) Private Limited | ₹52.9 Cr (FY 2025) | -8.0% | Pallipalayam, Tamil Nadu, India | |||
| Rangoli Industries Private Limited | ₹52.86 Cr (FY 2025) | -10.0% | Surat, Gujarat, India | |||
| Kartya Textiles Private Limited | ₹52.86 Cr (FY 2025) | 160.0% | Madurai, Tamil Nadu, India | |||
| K-Lifestyle & Industries Limitedthis company | ₹52.77 Cr (FY 2018) | -₹51.7 Cr | -98% | -10.0% | Silvassa, Dadra And Nagar Haveli, India | |
| Sri Venkateshwara Spinning Mills India Private Limited | ₹52.67 Cr (FY 2025) | 4.0% | Erode, Tamil Nadu, India | |||
| Ritex Overseas Pvt Ltd | ₹52.59 Cr (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| Arumuga Fabrics Private Limited | ₹52.58 Cr (FY 2025) | 10.0% | Post Box No.1, Chatrapatti, Tamil Nadu, India |
To see the full peer comparison of K-Lifestyle & Industries Limited, buy the company report.
Auditor
K-Lifestyle & Industries Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2018 | 128216W |
Shareholding
The shareholding of K-Lifestyle & Industries Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of K-Lifestyle & Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2011 | 10286055 | State Bank of India | ₹5 Cr | Open | |
| 18 Jan 2011 | 10269599 | Allahabad Bank | ₹40 Cr | Open | |
| 31 Dec 2010 | 10261819 | Dena Bank | ₹4.5 Cr | Open | |
| 23 Apr 2010 | 10220500 | Uco Bank (Lead Bank) | ₹95 Cr | Open | |
| 05 Mar 2010 | 10209803 | Dena Bank | ₹30 Cr | Open |
To see the full charge records of K-Lifestyle & Industries Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
K-Lifestyle & Industries Limited has 1 deal on record (1 market trade); the latest was in August 2005.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2005 | Market trade | ₹2.5 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
K-Lifestyle & Industries Limited has 123 court cases on record: 65 filed by K-Lifestyle & Industries, 61 filed against it. 20 cases are pending and 103 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 58 | 18 | 10 |
| District courts | 45 | 32 | 4 |
| NCLT | 10 | 7 | 5 |
| Supreme Court | 8 | 2 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court II | Tribunal matter | Filed against the company by Union Bank of India (On Behalf of the Committee of Creditors of Krishna Knitwear Technology Ltd.) | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Amex Infrastructure Pvt. Ltd and 12 others | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Narayan Ramchandra Ghumatkar Director of K Lifestyle & Industries Ltd. (Power Suspended) | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by The Cotton Corporation of India Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Mr. Ajit Kumar RP of K-Lifestyle & Industries Limited and 1 other | Pending |
To see the full case history of K-Lifestyle & 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 K-Lifestyle & Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K-Lifestyle & Industries has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCS1364B1ZW | Haryana | Active | 17 Jun 2021 |
To see the full GST registrations and return filing status of K-Lifestyle & Industries Limited, buy the company report.
Recent activity
K-Lifestyle & Industries Limited has 52 board changes on record since 2001: 28 appointments and 24 cessations. The latest: Rajendra Kumar Jugalkishor Pathak ceased to be Cfo(Kmp) on 25 Oct 2019.
85 earlier events are in the company report.
Frequently asked questions
K-Lifestyle & Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
K-Lifestyle & Industries is a company under insolvency, formerly operating as a public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 August 1987 and is registered under CIN L74999DN1987PLC000035. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
K-Lifestyle & Industries has 4 current directors:
- Jaiprakash Atmaram Mishra - Managing Director
- Narayan Ramchandra Ghumatkar - Director
- Manasi Indrajit Wadkar - Director
- Pravinkumar Mohanlal Parekh - Director
The latest financial statements of K-Lifestyle & Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of K-Lifestyle & Industries is L74999DN1987PLC000035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K-Lifestyle & Industries is recorded as a listed company by MCA, but trading in its shares on BSE (514221) has been suspended, so they do not currently trade on a stock exchange.
K-Lifestyle & Industries has open charges of ₹630.5 Cr and satisfied charges of ₹146.8 Cr as per latest MCA filings.
K-Lifestyle & Industries has 123 court cases on record: 65 filed by the company and 61 filed against it. 20 are pending. Most are in the high courts.
K-Lifestyle & Industries was incorporated on 12 August 1987. It is registered with the Registrar of Companies, Ahmedabad.
K-Lifestyle & Industries has 1 deal on record (1 market trade); the latest was in August 2005.
The peers of K-Lifestyle & Industries by revenue are Diwan Brothers Texim Private Limited, Sri Jaya Maaruthi Yarn (Indiaa) Private Limited, Rangoli Industries Private Limited, Kartya Textiles Private Limited, Sri Venkateshwara Spinning Mills India Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sample company reports
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