About Kunal Industries Private Limited
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Kunal Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 29 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2007PTC134248. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Pandharinath Danke (Whole-Time Director) and Pooja Pandharinath Danke.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 26 Aishwarya Pooja Park Paud Road Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.02 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹4.4 Lakh (net margin -4.3%) and EBITDA of ₹4.41 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company is associated with 1 brand: Kunal Industries. As per MCA filings, the company has open charges of ₹2.83 Cr and satisfied charges of ₹6.12 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kunal.net.in.
Company details
CIN history
Kunal Industries has one previous CIN (Corporate Identification Number): U74999MH2007PTC167368. The current CIN is U74999PN2007PTC134248, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999PN2007PTC134248 | Current |
| U74999MH2007PTC167368 | Previous |
Contact details
Kunal Industries Private Limited's registered office is in Pune, Maharashtra. Its website is kunal.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address26 Aishwarya Pooja Park Paud Road Kothrud, Pune, Maharashtra, India – 411038
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Kunal 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
Brands
Kunal Industries operates one associated brand: Kunal Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of precision machined components, fittings, and inserts in India. | kunal.net.in |
Business activity
The main business activity of Kunal Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Kunal Industries Private Limited, buy the company report.
Financials of Kunal Industries Private Limited
FY 2017 filings availableKunal Industries Private Limited reported revenue of ₹1.02 Cr (up 25% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 113% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.02 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.41 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.4 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.3% | ||
| Net Profit Margin | -4.3% | ||
| 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 Kunal Industries Private Limited, buy the company report.
Board of directors of Kunal Industries Private Limited
Kunal Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Pandharinath Danke | Director | 21 Aug 2007 | 19 Years 2 Months | Current |
| Pandharinath Danke | Whole-Time Director | 29 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Kunal Industries Private Limited is audited by A N GAWADE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N GAWADE & CO | FY 2017 | 122158W |
Shareholding
The shareholding of Kunal Industries Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kunal Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2014 | 10528467 | Electronica Finance Limited | ₹33.57 Lakh | Open | |
| 15 May 2013 | 10435484 | Bank of Maharashtra | ₹2.49 Cr | Open | |
| 28 Feb 2013 | 10407021 | Intec Capital Limited | ₹21.22 Lakh | Satisfied | |
| 04 Jun 2012 | 10363689 | Intec Capital Limited | ₹21.22 Lakh | Satisfied | |
| 16 Jul 2010 | 10231210 | The Saraswat Co-Operative Bank Limited | ₹95 Lakh | Satisfied |
To see the full charge records of Kunal Industries Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Kunal Industries Private Limited has 16 court cases on record: 1 filed by Kunal Industries, 15 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Volkswagen Finance Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Volkswagen Finance Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by M/S Capital First Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Capital First Ltd Th.Mr.Pravin Malusare | Disposed |
To see the full case history of Kunal 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 Kunal Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kunal Industries Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Kunal Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kunal Industries Private Limited, buy the company report.
Recent activity
Kunal Industries Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Mohammed Anwar Abdul Rahim Khanjar ceased to be Director on 01 Sep 2008.
14 earlier events are in the company report.
Frequently asked questions
Kunal Industries is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 29 January 2007 (19+ years old) and is registered under CIN U74999PN2007PTC134248.
Kunal Industries has 2 current directors:
- Pandharinath Danke - Whole-Time Director
- Pooja Pandharinath Danke - Director
The latest financial statements of Kunal Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Kunal Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kunal Industries is U74999PN2007PTC134248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunal Industries has 16 court cases on record: 1 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.
Kunal Industries was incorporated on 29 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Mohammed Anwar Abdul Rahim Khanjar ceased to be Director on 01 Sep 2008. Runit Kishor Shah ceased to be Whole-Time Director on 01 Sep 2008. Pooja Pandharinath Danke was appointed as Director on 21 Aug 2007. Kunal Industries has 5 board changes on record in total.
Kunal Industries can be reached through the website kunal.net.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Kunal Industries is at 26 Aishwarya Pooja Park Paud Road Kothrud, Pune, Maharashtra, India – 411038.
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