About Krush-Tar Industries Private Limited
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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 8 cases involving the company, including 1 filed by the company and 7 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
Contact details
Krush-Tar Industries Private Limited's registered office is in Dharwad, Karnataka. Its website is krushtarindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 150 Survey No 264 265 Belur Industrial Area Belur, Dharwad, Karnataka, India – 560041
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Krush-Tar Industries 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 Krush-Tar Industries is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Krush-Tar Industries Private Limited, buy the company report.
Financials of Krush-Tar Industries Private Limited
FY 2023 filings availableKrush-Tar Industries Private Limited reported revenue of ₹15.51 Cr (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | |||||
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| 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 | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Krush-Tar Industries Private Limited, buy the company report.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harinath Parthasarathi Kopparam | Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Venkata Phani Nadella Also directs: Sri Anagha Refineries Private Limited, Sri Anagha Motors Private Limited, Nadella Agrotech Private Limited and 1 more | Additional Director | 18 Oct 2023 | 3 Years 0 Months | Current |
| Raghunath Vyasamurthy Also directs: Sse Premier Space Private Limited, SBC Infractech Private Limited | Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Gaurav Harvindarsingh Khandpur | Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Srinivasa Toranala Babu | Managing Director | 17 Sep 2013 | 13 Years 1 Months | Current |
| Umesh Hegde Also directs: Krishigraam Precision Farming Private Limited, Humsaa Exim Private Limited, PHPC Tartech Private Limited and 2 more | Director | 10 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Krush-Tar Industries Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krush-Tar Industries Private Limitedthis company | ₹15.51 Cr (FY 2023) | -₹15.39 Lakh | -1% | 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 | |||
| 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 | |||
| S.R.Oil Speciality Private Limited | ₹14.03 Cr (FY 2025) | 56.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Krush-Tar Industries Private Limited, buy the company report.
Auditor
Krush-Tar Industries Private Limited is audited by B.MALLAIAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.MALLAIAH & CO | FY 2023 | 008304S |
Shareholding
The shareholding of Krush-Tar Industries 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 Krush-Tar Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2016 | 100034616 | Others | ₹25.02 Lakh | Open | |
| 10 Nov 2014 | 10530796 | State Bank of Mysore | ₹90 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Krush-Tar Industries Private Limited has 8 court cases on record: 1 filed by Krush-Tar Industries, 7 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by United Futuristic Trade Implex Pvt Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| District court, UTTARA KANNADA, Karnataka | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| District court, UTTARA KANNADA, Karnataka | Court case (Vacation O.S.) | Filed against the company by individuals | Disposed |
| District court, UTTARA KANNADA, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Krush-Tar Industries 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 Krush-Tar Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krush-Tar Industries has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK3023M1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krush-Tar Industries Private Limited, buy the company report.
Recent activity
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.
4 earlier events are in the company report.
Frequently asked questions
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 has 7 current directors:
- Srinivasa Toranala Babu - Managing Director
- Harinath Parthasarathi Kopparam - Director
- Venkata Phani Nadella - Additional Director
- Raghunath Vyasamurthy - Director
- Gaurav Harvindarsingh Khandpur - Director
- Umesh Hegde - Director
- Hebbani Vyasmurthy Sripadraju - Director
The latest financial statements of Krush-Tar Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
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 8 court cases on record: 1 filed by the company and 7 filed against it. 1 is pending. Most are in the district 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, Jonas Petro Products Private Limited, Maxol Lubricant (India) Private Limited and 1 more, all in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products).
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.
Krush-Tar Industries can be reached through the website krushtarindustries.com. Its registered office is in Dharwad, Karnataka, India.
The registered office of Krush-Tar Industries is at Plot No 150 Survey No 264 265 Belur Industrial Area Belur, Dharwad, Karnataka, India – 560041.