MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0004294
Krystal Global Engineering Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹150.33 Cr
▲ 6% YoY
Net profit · FY 2025
₹5.1 Cr
Net margin 3.4%
EBITDA · FY 2025
₹16.21 Cr
EBITDA margin 10.8%
Authorised capital
₹17 Cr
Registered with MCA
Paid-up capital
₹10.99 Cr
Issued & subscribed
Open charges
₹84.37 Cr
Satisfied ₹185.42 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
146
Provident fund records
About Krystal Global Engineering Limited
Data last updated:
Krystal Global Engineering Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 24 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH2006PLC165777. Its GSTIN is 27AACCK9332J1ZA (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹10.99 Cr. It was formerly known as Krystal Engineering Private Limited and Krystal Private Limited. It is led by directors including Vijay Tarachand Shah (Managing Director) and Nilesh Shantilal Shah (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹150.33 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Cr (net margin 3.4%) and EBITDA of ₹16.21 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The company has about 146 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Krystal Global Engineering. As per MCA filings, the company has open charges of ₹84.37 Cr and satisfied charges of ₹185.42 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.96 Cr; the latest was in May 2020. Its 5 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Godwin Steels Private Limted with revenue of ₹152.07 Cr.
Krystal Global Engineering Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004294). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krystalgeltd.com.
Company details
CIN U27109MH2006PLC165777
Registration Number 165777
Incorporation Date 24 November 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0004294
Name history
Krystal Global Engineering has undergone 4 name changes throughout its history. The current legal name is Krystal Global Engineering Limited.
| Company Name | Status |
|---|---|
| Krystal Global Engineering Limited | Current |
| Krystal Engineering Private Limited | Previous |
| Krystal Private Limited | Previous |
| Krystal Steel Manufacturing Private Limited | Previous |
| Krystal Global Engineering Private Limited | Previous |
CIN history
Krystal Global Engineering has one previous CIN (Corporate Identification Number): U27109MH2006PTC165777. The current CIN is U27109MH2006PLC165777, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109MH2006PLC165777 | Current |
| U27109MH2006PTC165777 | Previous |
Key People
Vijay Tarachand Shah Managing Director Nilesh Shantilal Shah Whole-Time Director Mohanlal Tarachand Shah Director Recognitions & Rankings of Krystal Global Engineering
Contact details
Krystal Global Engineering Limited's registered office is in Mumbai, Maharashtra. Its website is krystalgeltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD3 Floor – 4th Plot – 33/35 Hermes House, Mama Parmanand Marg Opera House, Mumbai, Maharashtra, India – 400004
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Krystal Global Engineering Limited, buy the company report.
Comprehensive company report
Krystal Global Engineering 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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Brands
Krystal Global Engineering operates one associated brand: Krystal Global Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of stainless tubes and pipes, specializing in high-performance stainless steels and nickel alloys | krystalgeltd.com |
Business activity
The main business activity of Krystal Global Engineering is manufacturing. In detail, this covers metal and metal products and motor vehicles, trailers, semi trailers and other transport vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Krystal Global Engineering Limited, buy the company report.
Financials of Krystal Global Engineering Limited
FY 2025 filings availableKrystal Global Engineering Limited reported revenue of ₹150.33 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹150.33 Cr ▲ 6%
Net profit · FY 2025
₹5.1 Cr margin 3.4%
EBITDA · FY 2025
₹16.21 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 17%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 16%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 6% growth in the latest year. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.1 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 10.8% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Krystal Global Engineering Limited, buy the company report.
Board of directors of Krystal Global Engineering Limited
Krystal Global Engineering has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Tarachand Shah | Managing Director | 24 Nov 2006 | 19 Years 11 Months | Current |
| Mohanlal Tarachand Shah Also directs: Vroomzy Logistics LLP, Veectero E-Vehicles LLP | Director | 24 Nov 2006 | 19 Years 11 Months | Current |
| Nirav Valamji Vora | Director | 15 Aug 2019 | 7 Years 2 Months | Current |
| Boman Khushroo Moradian | Director | 15 Aug 2019 | 7 Years 2 Months | Current |
| Nilesh Shantilal Shah | Whole-Time Director | 30 Sep 2019 | 7 Years 0 Months | Current |
Peer comparison
Krystal Global Engineering Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Godwin Steels Private Limted | ₹152.07 Cr (FY 2025) | -4.0% | Rajouri Garden, Delhi, India | |||
| Mittal Precision Steel Tubes Private Limited | ₹151.48 Cr (FY 2024) | 2.0% | Pune, Maharashtra, India | |||
| Azad Pipes Private Limited | ₹150.35 Cr (FY 2025) | -5.0% | Punjab, India | |||
| Krystal Global Engineering Limitedthis company | ₹150.33 Cr (FY 2025) | ₹5.1 Cr | 3.4% | 6.0% | 146 | Mumbai, Maharashtra, India |
| Sainest Tubes Private Limited | ₹149.63 Cr (FY 2025) | -18.0% | Ahmedabad, Gujarat, India | |||
| Savera Tubes Private Limited | ₹146.41 Cr (FY 2025) | -6.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Krystal Global Engineering Limited, buy the company report.
Auditor
Krystal Global Engineering Limited is audited by RAJENDRA B SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA B SHAH & CO | FY 2023 | 112596W |
Shareholding
The shareholding of Krystal Global Engineering Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Krystal Global Engineering Limited, buy the company report.
Charges & borrowings
Open charges
₹84.37 Cr
Satisfied charges
₹185.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2023 | 100818219 | Axis Bank Limited | ₹23.5 Cr | Open | |
| 28 Jun 2022 | 100589757 | Yes Bank Limited | ₹23 Cr | Open | |
| 20 Jun 2022 | 100588046 | Hdfc Bank Limited | ₹37.87 Cr | Open | |
| 17 Sep 2020 | 100376424 | State Bank of India | ₹44.88 Cr | Satisfied | |
| 28 Feb 2020 | 100333007 | State Bank of India | ₹44.88 Cr | Satisfied |
To see the full charge records of Krystal Global Engineering Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Krystal Global Engineering Limited has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.96 Cr; the latest was in May 2020.
Total deals
16
Secondary share transfers
12
Funding rounds
4
Disclosed funding
₹8.96 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Baulal T Shah HUF |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Virchand Munvar HUF, 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vijay V Munvar HUF |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Krystal Global Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Krystal Global Engineering Limited has 4 court cases on record: 1 filed by Krystal Global Engineering, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by Union of India and 161 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 3 others | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
To see the full case history of Krystal Global Engineering 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.
Credit ratings & regulatory alerts
Krystal Global Engineering Limited was last rated by Icra on 03 Aug 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Aug 2017 |
To see the full credit ratings and regulatory alerts of Krystal Global Engineering Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Krystal Global Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Krystal Global Engineering Limited has a workforce of 146 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
146
Active EPFO establishments
1
Employee growth
25.86%
GST
Krystal Global Engineering has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK9332J1ZA | Maharashtra | Active | 01 Jul 2017 |
| 24AACCK9332J1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Krystal Global Engineering Limited, buy the company report.
Recent activity
Krystal Global Engineering Limited has 17 board changes on record since 2006: 11 appointments and 6 cessations. The latest: Nilesh Shantilal Shah was appointed as Whole-Time Director on 30 Sep 2019.
AGM
Krystal Global Engineering Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 14 Aug 2018 via Charge ID 100208161 with Tata Capital Financial Services Limited was fully satisfied on 05 Aug 2025.
Filing
Krystal Global Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Yes Bank Limited of Rs. 23.00 Cr registered on 28 Jun 2022 with Charge ID 100589757 was modified on 16 Jan 2024.
Charges
A charge with Axis Bank Limited of Rs. 23.50 Cr registered on 30 Oct 2023 with Charge ID 100818219 was modified on 05 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.50 Cr with Charge ID 100818219 was registered on 30 Oct 2023.
Charges
A charge registered on 30 Jul 2018 via Charge ID 100194361 with Axis Bank Limited was fully satisfied on 21 Feb 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 37.87 Cr registered on 20 Jun 2022 with Charge ID 100588046 was modified on 15 Dec 2022.
Charges
A charge registered on 17 Sep 2020 via Charge ID 100376424 with State Bank Of India was fully satisfied on 29 Jul 2022.
Charges
A charge registered on 28 Feb 2020 via Charge ID 100333007 with State Bank Of India was fully satisfied on 29 Jul 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 23.00 Cr with Charge ID 100589757 was registered on 28 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.87 Cr with Charge ID 100588046 was registered on 20 Jun 2022.
46 earlier events are in the company report.
Frequently asked questions
Krystal Global Engineering is an active public limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 24 November 2006 (20+ years old) and is registered under CIN U27109MH2006PLC165777.
Krystal Global Engineering has 5 current directors:
- Vijay Tarachand Shah - Managing Director
- Nilesh Shantilal Shah - Whole-Time Director
- Mohanlal Tarachand Shah - Director
- Nirav Valamji Vora - Director
- Boman Khushroo Moradian - Director
The latest financial statements of Krystal Global Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Krystal Global Engineering is 27AACCK9332J1ZA, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCK9332J1ZG (Gujarat).
The CIN (Corporate Identification Number) of Krystal Global Engineering is U27109MH2006PLC165777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krystal Global Engineering has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
Krystal Global Engineering was incorporated on 24 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Krystal Global Engineering has 16 deals on record (12 secondary share transfers, 4 funding rounds), with disclosed funding of ₹8.96 Cr; the latest was in May 2020.
The peers of Krystal Global Engineering by revenue are Godwin Steels Private Limted, Mittal Precision Steel Tubes Private Limited, Azad Pipes Private Limited, Sainest Tubes Private Limited, Savera Tubes Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Nilesh Shantilal Shah was appointed as Whole-Time Director on 30 Sep 2019. Boman Khushroo Moradian was appointed as Director on 15 Aug 2019. Nirav Valamji Vora was appointed as Director on 15 Aug 2019. Krystal Global Engineering has 17 board changes on record in total.
Yes, Krystal Global Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0004294).