- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0010172

About Krishna Terine Private Limited
Data last updated:
Krishna Terine 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 11 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1988PTC011350. Its GSTIN is 24AABCK0205B1ZK (Gujarat). The company holds 11 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.81 Lakh. It is led by directors Vasantkumar Bhagirath Bhaiya and Prabha Vasantkumar Bhaiya.
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 Krishna Houseagyari Mohalla B/H World Trade Centre Rustampura, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.55 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹79.73 Lakh (net margin 1.9%) and EBITDA of ₹2.47 Cr (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹57.42 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Krishna Terine Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0010172). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krishnasurat.com.
Company details
Recognitions & Rankings of Krishna Terine
Contact details
Krishna Terine Private Limited's registered office is in Surat, Gujarat. Its website is krishnasurat.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKrishna Houseagyari Mohalla B/H World Trade Centre Rustampura, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Krishna Terine Private 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 Krishna Terine 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 Krishna Terine Private Limited, buy the company report.
Financials of Krishna Terine Private Limited
FY 2025 filings availableKrishna Terine Private Limited reported revenue of ₹41.55 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 16% fall in the latest year. EBITDA fell 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.73 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Krishna Terine Private Limited, buy the company report.
Board of directors of Krishna Terine Private Limited
Krishna Terine has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantkumar Bhagirath Bhaiya | Director | 10 May 1993 | 33 Years 6 Months | Current |
| Prabha Vasantkumar Bhaiya | Director | 04 Apr 2023 | 3 Years 7 Months | Current |
Peer comparison
Krishna Terine Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Aarti Yarnfab Private Limited | ₹41.66 Cr (FY 2025) | -67.0% | Karnal, Haryana, India | |||
| SSV Ginners Private Limited | ₹41.63 Cr (FY 2025) | -14.0% | Hyderabad, Telangana, India | |||
| Victorian Global Clothings India Private Limited | ₹41.62 Cr (FY 2025) | 97.0% | Tirupur, Tamil Nadu, India | |||
| Silvershine Cotgin Private Limited | ₹41.6 Cr (FY 2025) | -28.0% | Rajkot, Gujarat, India | |||
| M.R.Filaments Private Limited | ₹41.59 Cr (FY 2025) | -17.0% | Surat, Gujarat, India | |||
| Krishna Terine Private Limitedthis company | ₹41.55 Cr (FY 2025) | ₹79.73 Lakh | 1.9% | -16.0% | 20 | Surat, Gujarat, India |
| Udyogi Safety Appliances Private Limited | ₹41.54 Cr (FY 2024) | -7.0% | Kolkata, West Bengal, India | |||
| Manju Dyeing and Printing Mills Private Limited | ₹41.53 Cr (FY 2025) | 2.0% | Surat, Gujarat, India | |||
| 9Thread Apparels Private Limited | ₹41.52 Cr (FY 2025) | 4.0% | Navi Mumbai, Maharashtra, India | |||
| Dwarkapuri Textile Private Limited | ₹41.5 Cr (FY 2025) | 19.0% | Bhubaneswar, Odisha, India | |||
| Hindustan Dyeing and Printing Mills Private Limited | ₹41.49 Cr (FY 2025) | 16.0% | Surat, Gujarat, India |
To see the full peer comparison of Krishna Terine Private Limited, buy the company report.
Auditor
Krishna Terine Private Limited is audited by R K M & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K M & CO | FY 2023 | 108553W |
Shareholding
The shareholding of Krishna Terine 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krishna Terine Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2021 | 100437896 | Others | ₹10 Cr | Open | |
| 08 Mar 2021 | 100437879 | Others | ₹10 Cr | Open | |
| 14 Feb 2019 | 100264735 | Others | ₹23.37 Cr | Satisfied | |
| 03 Feb 2012 | 10335128 | Small Industries Development Bank of India | ₹22 Cr | Satisfied | |
| 30 Jul 2010 | 10236703 | Kotak Mahindra Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Krishna Terine Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Krishna Terine Private Limited has 4 court cases on record: 2 filed by Krishna Terine, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax, Surat 1 | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax | Disposed |
| District court, SURAT, Gujarat | Court case (SMST R) | Filed by the company | Disposed |
To see the full case history of Krishna Terine Private 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 Terine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Krishna Terine Private Limited has a workforce of 20 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Krishna Terine has 11 GST registrations: 1 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCK0205B1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krishna Terine Private Limited, buy the company report.
Recent activity
Krishna Terine Private Limited has 6 board changes on record since 1993: 2 appointments and 4 cessations. The latest: Dineshkumar Bhagirath Bhaiya ceased to be Managing Director on 04 Apr 2023.
22 earlier events are in the company report.
Frequently asked questions
Krishna Terine 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 11 October 1988 (38+ years old) and is registered under CIN U17119GJ1988PTC011350.
Krishna Terine has 2 current directors:
- Vasantkumar Bhagirath Bhaiya - Director
- Prabha Vasantkumar Bhaiya - Director
The latest financial statements of Krishna Terine 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 Krishna Terine is 24AABCK0205B1ZK, registered in Gujarat. The company has 11 GST registrations in all, of which 1 is active and 10 are cancelled or inactive.
The CIN (Corporate Identification Number) of Krishna Terine is U17119GJ1988PTC011350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishna Terine has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Krishna Terine was incorporated on 11 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Krishna Terine by revenue are Aarti Yarnfab Private Limited, SSV Ginners Private Limited, Victorian Global Clothings India Private Limited, Silvershine Cotgin Private Limited, M.R.Filaments Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dineshkumar Bhagirath Bhaiya ceased to be Managing Director on 04 Apr 2023. Prabha Vasantkumar Bhaiya was appointed as Director on 04 Apr 2023. Srigopal Bhagirath Bhaiya ceased to be Director on 04 Apr 2023. Krishna Terine has 6 board changes on record in total.
Yes, Krishna Terine is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0010172).
Krishna Terine can be reached through the website krishnasurat.com. Its registered office is in Surat, Gujarat, India.

