Kristal Projects (India) Limited
About Kristal Projects (India) Limited
Data last updated:
Kristal Projects (India) Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 31 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2002PLC031169. Its GSTIN is 29AACCK0263E3ZR (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Latha Krishnan (Managing Director) and Krishnan Krishnan Namboodiri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 34/35/36 Ambalipura Road Bellandur, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2015, the company reported a revenue of ₹32.66 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹90.18 Lakh (net margin -2.8%) and EBITDA of ₹5.37 Cr (EBITDA margin 16.4%).
As per MCA filings, the company has open charges of ₹59.02 Cr and satisfied charges of ₹29.7 Cr on record. Court records list 82 cases involving the company, including 8 filed by the company and 74 filed against it; 11 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Kristal Projects (India) has one previous CIN (Corporate Identification Number): U07010KA2002PTC031169. The current CIN is U07010KA2002PLC031169, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U07010KA2002PLC031169 | Current |
| U07010KA2002PTC031169 | Previous |
Contact details
Kristal Projects (India) Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34/35/36 Ambalipura Road Bellandur, Bangalore, Karnataka, India – 560037
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Kristal Projects (India) 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 Kristal Projects (India) is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Kristal Projects (India) Limited, buy the company report.
Financials of Kristal Projects (India) Limited
FY 2015 filings availableKristal Projects (India) Limited reported revenue of ₹32.66 Cr (down 19% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA fell 49% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹32.66 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹5.37 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹90.18 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 16.4% |
| Net Profit Margin | -2.8% |
| 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 | |
To see the full financial statements and ratios of Kristal Projects (India) Limited, buy the company report.
Board of directors of Kristal Projects (India) Limited
Kristal Projects (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jancy Kozhaliparambil Varghese | Additional Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Krishnan Krishnan Namboodiri Also directs: Kristal Consultants (India) Private Limited | Whole-Time Director | 31 Oct 2002 | 23 Years 11 Months | Current |
| Latha Krishnan Also directs: Kristal Consultants (India) Private Limited | Managing Director | 31 Oct 2002 | 23 Years 11 Months | Current |
| Kedar Vijay Masurkar Also directs: Vedanta Vaastu Private Limited | Additional Director | 25 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Kristal Projects (India) Limited is audited by N SUBRAMANIAN & Co for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N SUBRAMANIAN & Co | FY 2015 | 011244S |
Shareholding
The shareholding of Kristal Projects (India) Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kristal Projects (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2015 | 10585006 | Saraswat Co-Operative Bank Limited | ₹52 Lakh | Open | |
| 03 Jan 2014 | 10478079 | Dewan Housing Finance Corporation Limited | ₹8 Cr | Open | |
| 03 Jan 2014 | 10478078 | Dewan Housing Finance Corporation Limited | ₹2.5 Cr | Open | |
| 06 Jun 2011 | 10289316 | India Infoline Investment Services Limited | ₹3 Cr | Open | |
| 06 Nov 2009 | 10194756 | Lic Housing Finance Ltd | ₹30 Cr | Open |
To see the full charge records of Kristal Projects (India) Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Kristal Projects (India) Limited has 82 court cases on record: 8 filed by Kristal Projects (India), 74 filed against it. 11 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 69 | 9 |
| High courts | 8 | 3 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (MC) | Filed against the company by Axis Bank Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Jambhala Capital Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company | Pending |
To see the full case history of Kristal Projects (India) 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 Kristal Projects (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kristal Projects (India) Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Kristal Projects (India) has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK0263E3ZR | Karnataka | Active | 21 May 2020 |
To see the full GST registrations and return filing status of Kristal Projects (India) Limited, buy the company report.
Recent activity
Kristal Projects (India) Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Kedar Vijay Masurkar was appointed as Additional Director on 25 Apr 2024.
15 earlier events are in the company report.
Frequently asked questions
Kristal Projects (India) is an active public limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 31 October 2002 (24+ years old) and is registered under CIN U07010KA2002PLC031169.
Kristal Projects (India) has 4 current directors:
- Latha Krishnan - Managing Director
- Krishnan Krishnan Namboodiri - Whole-Time Director
- Jancy Kozhaliparambil Varghese - Additional Director
- Kedar Vijay Masurkar - Additional Director
The latest financial statements of Kristal Projects (India) on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Kristal Projects (India) is 29AACCK0263E3ZR, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Kristal Projects (India) is U07010KA2002PLC031169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kristal Projects (India) has 82 court cases on record: 8 filed by the company and 74 filed against it. 11 are pending. Most are in the district courts.
Kristal Projects (India) was incorporated on 31 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Kedar Vijay Masurkar was appointed as Additional Director on 25 Apr 2024. Govind Mangalam Sasisekharannamboodiri ceased to be Director on 21 Oct 2022. Jancy Kozhaliparambil Varghese was appointed as Additional Director on 01 Jul 2022. Kristal Projects (India) has 8 board changes on record in total.
The registered office of Kristal Projects (India) is at 343536 Ambalipura Road Bellandur, Bangalore, Karnataka, India – 560037.
Kristal Projects (India) operates in the infrastructure and utilities industry, in the general construction services segment.