MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0022254
Kryfs Transformers Private Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹222.92 Cr
▲ 3% YoY
Net profit · FY 2025
₹10.69 Cr
Net margin 4.8%
EBITDA · FY 2025
₹16.09 Cr
EBITDA margin 7.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.82 Cr
Issued & subscribed
Open charges
₹83.5 Cr
Satisfied ₹16.6 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
31
Provident fund records
About Kryfs Transformers Private Limited
Data last updated:
Kryfs Transformers Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Kryfs Power Components Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 September 2003 and has been in existence for over 23 years.
Its director Srinath Ramakkrushnan is #445 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40104GJ2003PTC042845. Its GSTIN is 24AADCM6151E1ZT (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.82 Cr. It was formerly known as Pratik Transformers Private Limited. It is led by directors including Ilyas Abdullah Gadriwala and Saifuddin Fakhruddin Qureishi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 85 & 92 GIDC Manjusar Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2025, the company reported a revenue of ₹222.92 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.69 Cr (net margin 4.8%) and EBITDA of ₹16.09 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 32% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹83.5 Cr and satisfied charges of ₹16.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹96 Lakh; the latest was in September 2014. Its 6 peer companies in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is C-Sec Technologies Private Limited with revenue of ₹230.07 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 210 overdue payments to 15 micro and small suppliers.
Kryfs Transformers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0022254). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kryfs.com.
Company details
CIN U40104GJ2003PTC042845
Registration Number 042845
Incorporation Date 02 September 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kryfs Power Components Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0022254
Key People
Ilyas Abdullah Gadriwala Director Saifuddin Fakhruddin Qureishi Director Ankit Fatehpuria Nominee Director Recognitions & Rankings of Kryfs Transformers
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #445 Srinath Ramakkrushnan ₹8,000 Cr
Contact details
Kryfs Transformers Private Limited's registered office is in Vadodara, Gujarat. Its website is kryfs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No 85 & 92 GIDC Manjusar Savli, Vadodara, Gujarat, India – 391775
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Kryfs Transformers Private Limited, buy the company report.
Comprehensive company report
Kryfs Transformers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Kryfs Transformers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kryfs Transformers Private Limited, buy the company report.
Financials of Kryfs Transformers Private Limited
FY 2025 filings availableKryfs Transformers Private Limited reported revenue of ₹222.92 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹222.92 Cr ▲ 3%
Net profit · FY 2025
₹10.69 Cr margin 4.8%
EBITDA · FY 2025
₹16.09 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 71%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 197%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 3% growth in the latest year. EBITDA rose 58% 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 |
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| Total Expenses | |||||
| EBITDA | ₹16.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.69 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Kryfs Transformers Private Limited, buy the company report.
Board of directors of Kryfs Transformers Private Limited
Kryfs Transformers has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ilyas Abdullah Gadriwala | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Saifuddin Fakhruddin Qureishi Also directs: Kryfs Power Components Limited, Kryfs Fabrications Private Limited, Shaali Estates Private Limited and 2 more | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Ankit Fatehpuria Also directs: Kryfs Power Components Limited, Zetsol Energy Private Limited, Terra91 International Private Limited and 5 more | Nominee Director | 30 Jul 2025 | 1 Years 2 Months | Current |
| Srinath Ramakkrushnan Also directs: Kryfs Power Components Limited, GLR Natural Resources Private Limited, Zetsol Energy Private Limited and 5 more | Nominee Director | 30 Jul 2025 | 1 Years 2 Months | Current |
Peer comparison
Kryfs Transformers Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C-Sec Technologies Private Limited | ₹230.07 Cr (FY 2025) | 19.0% | Delhi, India | |||
| Mecc Alte India Private Limited | ₹227.23 Cr (FY 2025) | -22.0% | Shirur, Maharashtra, India | |||
| Pragati Electricals Private Limited | ₹225.57 Cr (FY 2025) | 28.0% | Thane, Maharashtra, India | |||
| Megawin Switchgear Private Limited | ₹223.35 Cr (FY 2025) | 31.0% | Salem, Tamil Nadu, India | |||
| Kryfs Transformers Private Limitedthis company | ₹222.92 Cr (FY 2025) | ₹10.69 Cr | 4.8% | 3.0% | 31 | Vadodara, Gujarat, India |
| Viat Instruments Pvt.Ltd. | ₹219.16 Cr (FY 2025) | 32.0% | Kolkata, West Bengal, India | |||
| Ojus Power & Technologies Private Limited | ₹218.88 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Kryfs Transformers Private Limited, buy the company report.
Auditor
Kryfs Transformers Private Limited is audited by P.G. Patel & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.G. Patel & Associates | FY 2024 | 112283W |
Shareholding
The shareholding of Kryfs Transformers Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kryfs Transformers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹83.5 Cr
Satisfied charges
₹16.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100989246 | Others | ₹7 Cr | Open | |
| 15 Feb 2024 | 100873248 | Others | ₹43 Cr | Open | |
| 08 Jan 2015 | 10546478 | State Bank of India | ₹19.75 Cr | Open | |
| 08 Jan 2015 | 10546696 | State Bank of India | ₹13.75 Cr | Open | |
| 14 Feb 2004 | 90105938 | State Bank of India | ₹8.3 Cr | Satisfied |
To see the full charge records of Kryfs Transformers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Kryfs Transformers Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹96 Lakh; the latest was in September 2014.
Total deals
5
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹96 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Rights issue | ₹1.41 Cr | Investors: Kryfs Power Components Limited |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: Kryfs Power Components Limited & Saifuddin Qureishi, Kryfs Power Components Limited Seller: 4 individuals |
| Mar 2011 | Funding round | ₹42 Lakh | Investors: 3 individuals |
| Aug 2009 | Funding round | ₹54 Lakh | Investors: 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kryfs Transformers Private Limited has 1 court case on record: 1 filed by Kryfs Transformers. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Dakshin Gujarat Vij Co. Ltd. | Disposed |
To see the full case history of Kryfs Transformers 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
Kryfs Transformers Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 210 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bikaner Electroporcelain Private Limited | |||
| Vidya Metal Manufacturing Co Private Limited | |||
| Prime Industries | |||
| Indian Power Trans |
To see the full MSME payment records of Kryfs Transformers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kryfs Transformers Private Limited has a workforce of 31 employees on its EPFO records as of Jan 17, 2025, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
10.71%
GST
Kryfs Transformers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM6151E1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kryfs Transformers Private Limited, buy the company report.
Recent activity
Kryfs Transformers Private Limited has 14 board changes on record since 2012: 4 appointments and 10 cessations. The latest: Ankit Fatehpuria was appointed as Nominee Director on 30 Jul 2025.
AGM
Kryfs Transformers Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Ankit Fatehpuria was appointed as Nominee Director.
Appointed
Srinath Ramakkrushnan was appointed as Nominee Director.
Filing
Kryfs Transformers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 7.00 Cr registered on 30 Sep 2024 with Charge ID 100989246 was modified on 23 Oct 2024.
Charges
A charge with Others of Rs. 43.00 Cr registered on 15 Feb 2024 with Charge ID 100873248 was modified on 23 Oct 2024.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100989246 was registered on 30 Sep 2024.
Charges
A charge with State Bank Of India of Rs. 19.75 Cr registered on 08 Jan 2015 with Charge ID 10546478 was modified on 04 Sep 2024.
Charges
A charge with Others amounted to Rs. 43.00 Cr with Charge ID 100873248 was registered on 15 Feb 2024.
Ceased
Rauzat Saifuddin Qureishi ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 13.75 Cr registered on 08 Jan 2015 with Charge ID 10546696 was modified on 09 Dec 2015.
Ceased
Pratik Mukundraj Udani ceased to be Director.
19 earlier events are in the company report.
From our blog
Frequently asked questions
Kryfs Transformers is an active private limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 September 2003 (23+ years old) and is registered under CIN U40104GJ2003PTC042845.
Kryfs Transformers has 4 current directors:
- Ilyas Abdullah Gadriwala - Director
- Saifuddin Fakhruddin Qureishi - Director
- Ankit Fatehpuria - Nominee Director
- Srinath Ramakkrushnan - Nominee Director
The latest financial statements of Kryfs Transformers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kryfs Transformers is 24AADCM6151E1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Kryfs Transformers is U40104GJ2003PTC042845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kryfs Transformers has 1 court case on record: 1 filed by the company.
Kryfs Transformers was incorporated on 02 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kryfs Transformers has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹96 Lakh; the latest was in September 2014.
The peers of Kryfs Transformers by revenue are C-Sec Technologies Private Limited, Mecc Alte India Private Limited, Pragati Electricals Private Limited, Megawin Switchgear Private Limited, Viat Instruments Pvt.Ltd. and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ankit Fatehpuria was appointed as Nominee Director on 30 Jul 2025. Srinath Ramakkrushnan was appointed as Nominee Director on 30 Jul 2025. Rauzat Saifuddin Qureishi ceased to be Additional Director on 30 Sep 2019. Kryfs Transformers has 14 board changes on record in total.
Yes, Kryfs Transformers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0022254).
Kryfs Transformers has 5 MSME Form 1 returns on record between 2019 and 2020, listing 210 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Dec 2020.