Krush-Tar Industries Private Limited

Krush-Tar Industries Private Limited - chemicals and materials in Dharwad, Karnataka, India. FY 2026 financials & compliance.
CIN U23200KA2013PTC071032 Incorporated 17 September 2013 ROC Bangalore HQ Dharwad, Karnataka, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2023
₹15.51 Cr
▲ 7% YoY
Net loss · FY 2023
₹15.39 Lakh
Net margin -1%
EBITDA · FY 2023
₹29.28 Lakh
EBITDA margin 1.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹1.15 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
7
As per MCA filings

About Krush-Tar Industries Private Limited

Data last updated:

Krush-Tar Industries Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 17 September 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U23200KA2013PTC071032. Its GSTIN is 29AAFCK3023M1ZD (Karnataka). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Srinivasa Toranala Babu (Managing Director) and Harinath Parthasarathi Kopparam.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 150 Survey No 264 265 Belur Industrial Area Belur, Dharwad, Karnataka, India – 560041.

As per the financials filed for FY 2023, the company reported a revenue of ₹15.51 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹15.39 Lakh (net margin -1%) and EBITDA of ₹29.28 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 18% over five years.

As per MCA filings, the company has open charges of ₹1.15 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krushtarindustries.com.

Company Details of Krush-Tar Industries Private Limited
CIN U23200KA2013PTC071032
Registration Number 071032
Incorporation Date 17 September 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No 150 Survey No 264 265 Belur Industrial Area Belur, Dharwad, Karnataka, India – 560041
  • Industry
    Chemicals and Materials, Petrochemicals & Derivatives
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Financials, compliance, directors, charges, ownership and filings for Krush-Tar Industries Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Krush-Tar Industries Private Limited

The main business activity of Krush-Tar Industries is manufacturing. In detail, this covers coke and refined petroleum products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC5Coke and refined petroleum productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Krush-Tar Industries Private Limited FY 2023 filings available

Krush-Tar Industries Private Limited reported revenue of ₹15.51 Cr (up 7% YoY) for FY 2023.

Revenue · FY 2023
₹15.51 Cr ▲ 7%
Net loss · FY 2023
₹15.39 Lakh margin -1%
EBITDA · FY 2023
₹29.28 Lakh margin 1.9%

Compounded Annual Growth Rate (CAGR) of Krush-Tar Industries Private Limited

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 2%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 78%

Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 78% 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 Krush-Tar Industries Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹15.51 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹29.28 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹15.39 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 Krush-Tar Industries Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.9%••••••••••••••••
Net Profit Margin-1%••••••••••••••••
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 Krush-Tar Industries are in the company report.

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Financial statements from 2015

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Board of Directors of Krush-Tar Industries Private Limited

Krush-Tar Industries has 7 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harinath Parthasarathi KopparamDirector17 Sep 201313 Years 1 MonthsCurrent
Venkata Phani NadellaAdditional Director18 Oct 20233 Years 0 MonthsCurrent
Raghunath VyasamurthyDirector17 Sep 201313 Years 1 MonthsCurrent
Gaurav Harvindarsingh KhandpurDirector17 Sep 201313 Years 1 MonthsCurrent
Srinivasa Toranala BabuManaging Director17 Sep 201313 Years 1 MonthsCurrent
Umesh HegdeDirector10 Dec 20196 Years 10 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer Comparison of Krush-Tar Industries Private Limited

Krush-Tar Industries Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Krush-Tar Industries Private Limited this company₹15.51 Cr (FY 2023)••••••••7.0%••••Dharwad, Karnataka, India
Sterlite Lubricants Private Limited₹15.2 Cr (FY 2025)••••••••-2.0%••••Ahmedabad, Gujarat, India
Shaikh Petroleum Private Limited₹15.14 Cr (FY 2025)••••••••-58.0%••••Ankleshwar, Gujarat, India
Lubochem Speciality Private Limited₹15.01 Cr (FY 2025)••••••••10.0%••••Mumbai, Maharashtra, India
Hydro Carbons & Chemicals (India) Private Limited₹14.88 Cr (FY 2025)••••••••107491.0%••••Kolkata, West Bengal, India
Shri Rupanadham Traders Private Limited₹14.67 Cr (FY 2025)••••••••-56.0%••••Jaipur, Rajasthan, India
Midya Service Station Private Limited₹14.36 Cr (FY 2020)••••••••99.0%••••Purba Midnapore, West Bengal, India
Jonas Petro Products Private Limited₹14.29 Cr (FY 2024)••••••••18.0%••••Mangalore, Karnataka, India
Maxol Lubricant (India) Private Limited₹14.24 Cr (FY 2025)••••••••-6.0%••••Delhi, India
Sagarshri Lubricants Private Limited₹14.13 Cr (FY 2025)••••••••58.0%••••Pithampur, Madhya Pradesh, India
S.R.Oil Speciality Private Limited₹14.03 Cr (FY 2025)••••••••56.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Krush-Tar Industries by revenue in the Chemicals industry (Petrochemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Krush-Tar Industries Private Limited

Krush-Tar Industries Private Limited is audited by B.MALLAIAH & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
B.MALLAIAH & COLockedLockedLocked
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Ownership and Shareholding of Krush-Tar Industries Private Limited

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Charges & Borrowings of Krush-Tar Industries Private Limited

Open charges
₹1.15 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of Mysore₹0.90 Cr
Others₹0.25 Cr
Latest charge details
DateLenderAmountStatus
20 Feb 2016Others₹25.02 LakhOpen
10 Nov 2014State Bank of Mysore₹90 LakhOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Krush-Tar Industries Private Limited

Employment history and EPFO contributions of people linked to Krush-Tar Industries.

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Recent Activity on Krush-Tar Industries Private Limited

Krush-Tar Industries Private Limited has 11 board changes on record since 2013: 7 appointments and 4 cessations. The latest: Venkata Phani Nadella was appointed as Additional Director on 18 Oct 2023.

Appointed
Venkata Phani Nadella was appointed as Additional Director.
AGM
Krush-Tar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Krush-Tar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Viswanath Kopparam Parthasarathy ceased to be Director.
Ceased
Umesh Hegde ceased to be Additional Director.
Appointed
Umesh Hegde was appointed as Director.
Ceased
Venkatesah Murthy Aluraiah ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100034616 was registered on 20 Feb 2016.
Charges
A charge with State Bank Of Mysore amounted to Rs. 0.90 Cr with Charge ID 10530796 was registered on 10 Nov 2014.
Ceased
Srinivasa Toranala Babu ceased to be Director.
Appointed
Gaurav Harvindarsingh Khandpur was appointed as Director.
Appointed
Harinath Parthasarathi Kopparam was appointed as Director.

4 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Krush-Tar Industries Private Limited

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MSME Payment Delays by Krush-Tar Industries Private Limited

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Subsidiaries & Group Companies of Krush-Tar Industries Private Limited

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GST Compliance of Krush-Tar Industries Private Limited

Krush-Tar Industries has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
29AAFCK3023M1ZDKarnatakaActive01 Jul 2017
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MCA Filings & Documents of Krush-Tar Industries Private Limited

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Frequently Asked Questions about Krush-Tar Industries Private Limited

Krush-Tar Industries is an active private limited company based in Dharwad, Karnataka, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 17 September 2013 (13+ years old) and is registered under CIN U23200KA2013PTC071032.

Krush-Tar Industries reported revenue of ₹15.51 Cr for FY 2023 (up 7% YoY).

Krush-Tar Industries has 7 current directors:

Krush-Tar Industries reported a net loss of ₹15.39 Lakh (net margin -1%) and EBITDA of ₹29.28 Lakh (EBITDA margin 1.9%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Krush-Tar Industries is 2% over three years and -18% over five years. In the latest year (FY 2023) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Krush-Tar Industries is 29AAFCK3023M1ZD, 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 Krush-Tar Industries is U23200KA2013PTC071032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Krush-Tar Industries has 6 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.

Krush-Tar Industries was incorporated on 17 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Krush-Tar Industries by revenue are Sterlite Lubricants Private Limited, Shaikh Petroleum Private Limited, Lubochem Speciality Private Limited, Hydro Carbons & Chemicals (India) Private Limited, Shri Rupanadham Traders Private Limited and 5 more, all in the Chemicals industry (Petrochemicals).

Venkata Phani Nadella was appointed as Additional Director on 18 Oct 2023. Viswanath Kopparam Parthasarathy ceased to be Director on 18 Feb 2021. Umesh Hegde ceased to be Additional Director on 31 Dec 2020. Krush-Tar Industries has 11 board changes on record in total.

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