Krishnonics Limited
About Krishnonics Limited
Data last updated:
Krishnonics Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the semiconductor fabrication and manufacturing segment of the engineering sector. It was incorporated on 28 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ1982PLC005296. Its GSTIN is 24AAACK5883E1ZL (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.17 Cr. It is led by directors including Kartikeya Shah Shashankbhai and Pritiben Shah Shashankbhai.
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 701 Aniket Building C.G.Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.9 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹8.75 Lakh (net margin 9.8%) and EBITDA of ₹29.16 Lakh (EBITDA margin 32.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹8.97 Cr and satisfied charges of ₹1.1 Cr on record. Court records list 32 cases involving the company, including 2 filed by the company and 27 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address701 Aniket Building C.G.Road Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryEngineering, Semiconductor Fabrication & Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Krishnonics Limited
The main business activity of Krishnonics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Krishnonics Limited FY 2025 filings available
Krishnonics Limited reported revenue of ₹88.9 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Krishnonics Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 15% growth in the latest year. EBITDA rose 14% 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 of Krishnonics Limited
| 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 | ₹29.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.75 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 of Krishnonics Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Krishnonics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Krishnonics Limited
Krishnonics Limited is compared with the companies closest to it by revenue in the Engineering industry (Semiconductor Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vayad Solutions Private Limited | •••• | •••• | •••• | •••• | - | Dindigul, Tamil Nadu, India |
| VK Therms Private Limited | •••• | •••• | •••• | •••• | - | Ajmer, Rajasthan, India |
| Nila Tech Pvt Ltd | •••• | •••• | •••• | •••• | 32 | Ernakulam, Kerala, India |
| Chipontime Technologies Private Limited | •••• | •••• | •••• | •••• | 16 | Bengaluru, Karnataka, India |
| Aether Semiconductors Private Limited | •••• | •••• | •••• | •••• | - | Barra, Uttar Pradesh, India |
| Krishnonics Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Newbies Staffing Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Punjab Porcelain Limited | •••• | •••• | •••• | •••• | - | Sangrur, Punjab, India |
| Raasi Enterprise Solutions Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Natronix Semiconductor Technology Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Silicoscreen (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Krishnonics by revenue in the Engineering industry (Semiconductor Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Krishnonics Limited
Krishnonics Limited is audited by DHIREN SHAH & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHIREN SHAH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Krishnonics Limited
Krishnonics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartikeya Shah Shashankbhai | Director | 07 Oct 2004 | 22 Years 0 Months | Current |
| Pritiben Shah Shashankbhai Also directs: I.D.S. Capacitors LLP, Orcagreen Services Private Limited | Director | 28 Jun 1982 | 44 Years 3 Months | Current |
| Kunal Shah Shashank | Director | 05 Dec 2008 | 17 Years 10 Months | Current |
| Shashank Indulal Shah Also directs: Aarneea Foods LLP, I.D.S. Capacitors LLP, Gokul Metallizers Private Limited and 1 more | Director | 05 Dec 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Krishnonics Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Krishnonics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2020 | State Bank of India | ₹8.97 Cr | Open |
| 28 Feb 2011 | Central Bank of India | ₹30 Lakh | Satisfied |
| 08 Apr 2005 | Central Bank of India | ₹20 Lakh | Satisfied |
| 08 Apr 2005 | Central Bank of India | ₹60 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Krishnonics Limited
Krishnonics Limited has 32 court cases on record: 2 filed by Krishnonics, 27 filed against it, 3 where it is another party. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 19 | 0 |
| High courts | 11 | 8 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Krijal Software Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Myrtle Financials P.Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Krijal Software Limited | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Myrtle Financials P.Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Krijal Software Limited | Disposed |
Full case history
All 32 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Krishnonics Limited
Employment history and EPFO contributions of people linked to Krishnonics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Krishnonics Limited
Krishnonics has one previous CIN (Corporate Identification Number): U31909GJ1982PLC005296. The current CIN is U52100GJ1982PLC005296, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ1982PLC005296 | Current |
| U31909GJ1982PLC005296 | Previous |
Recent Activity on Krishnonics Limited
Krishnonics Limited has 7 board changes on record since 1982: 4 appointments and 3 cessations. The latest: Anand Vipinchandra Shah ceased to be Director on 05 Apr 2009.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Krishnonics Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Krishnonics Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Krishnonics Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Krishnonics Limited
Krishnonics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACK5883E1ZL | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Krishnonics Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Krishnonics Limited
Krishnonics is an active public limited company based in Ahmedabad, Gujarat, India. The company works in semiconductor fabrication and manufacturing, within the engineering industry. It was incorporated on 28 June 1982 (44+ years old) and is registered under CIN U52100GJ1982PLC005296.
Krishnonics reported revenue of ₹88.9 Lakh for FY 2025 (up 15% YoY).
Krishnonics has 4 current directors:
- Kartikeya Shah Shashankbhai - Director
- Pritiben Shah Shashankbhai - Director
- Kunal Shah Shashank - Director
- Shashank Indulal Shah - Director
Krishnonics reported a net profit of ₹8.75 Lakh (net margin 9.8%) and EBITDA of ₹29.16 Lakh (EBITDA margin 32.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krishnonics is -2% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Krishnonics is 24AAACK5883E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Krishnonics is U52100GJ1982PLC005296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishnonics has 32 court cases on record: 2 filed by the company and 27 filed against it. Most are in the district courts.
Krishnonics was incorporated on 28 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Krishnonics by revenue are Vayad Solutions Private Limited, VK Therms Private Limited, Nila Tech Pvt Ltd, Chipontime Technologies Private Limited, Aether Semiconductors Private Limited and 5 more, all in the Engineering industry (Semiconductor Manufacturing).
Anand Vipinchandra Shah ceased to be Director on 05 Apr 2009. Indulal Dahyabhai Shah ceased to be Director on 05 Apr 2009. Kunal Shah Shashank was appointed as Director on 05 Dec 2008. Krishnonics has 7 board changes on record in total.