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Kushika Industries Private Limited
Kushika Industries Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4 Cr
▼ 3% YoY
Net profit · FY 2024
₹8.88 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹9.28 Lakh
EBITDA margin 2.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25.7 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Kushika Industries Private Limited
Data last updated:
Kushika Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 16 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ2018PTC100856. Its GSTIN is 24AAGCK9621E1ZN (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mithil Amit Pathak and Amit Manuprasad Pathak.
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 91/7 State Bank Of India Officers – Co.Op. H.Soc.Ltd Narayan Nagar Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2024, the company reported a revenue of ₹4 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹8.88 Lakh (net margin 2.2%) and EBITDA of ₹9.28 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 62% over five years.
As per MCA filings, the company has open charges of ₹25.7 Lakh on record.
Kushika Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0059840). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24299GJ2018PTC100856
Registration Number 100856
Incorporation Date 16 February 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0059840
Recognitions & Rankings of Kushika Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-01-0059840
Contact details
Kushika Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address91/7 State Bank Of India Officers – Co.Op. H.Soc.Ltd Narayan Nagar Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Kushika Industries Private Limited, buy the company report.
Comprehensive company report
Kushika Industries 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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Business activity
The main business activity of Kushika Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kushika Industries Private Limited, buy the company report.
Financials of Kushika Industries Private Limited
FY 2025 filings availableKushika Industries Private Limited reported revenue of ₹4 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹4 Cr ▼ 3%
Net profit · FY 2024
₹8.88 Lakh margin 2.2%
EBITDA · FY 2024
₹9.28 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 36%
5 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 76%
5 years · compounded
▲ 116%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 62%. EBITDA fell 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.88 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Kushika Industries Private Limited, buy the company report.
Board of directors of Kushika Industries Private Limited
Kushika Industries has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithil Amit Pathak Also directs: Lancan Industries Private Limited, Ra Chemicals Limited, Acorda Pharma Limited Liability Partnership and 2 more | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Amit Manuprasad Pathak Also directs: Lancan Industries Private Limited, Ra Chemicals Limited | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Kushika Industries Private Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Starke and Company Private Limited | ₹4.04 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Veekay Coatings Private Limited | ₹4.04 Cr (FY 2025) | 50.0% | Jamshedpur, Jharkhand, India | |||
| Equipro Solutions Private Limited | ₹4.01 Cr (FY 2024) | -56.0% | Chennai, Tamil Nadu, India | |||
| Citi Exim Private Limited | ₹4 Cr (FY 2024) | 37.0% | Ahmedabad, Gujarat, India | |||
| Bansidhar Petroleum Private Limited | ₹4 Cr (FY 2024) | -58.0% | Rajkot, Gujarat, India | |||
| Kushika Industries Private Limitedthis company | ₹4 Cr (FY 2024) | ₹8.88 Lakh | 2.2% | -3.0% | Ahmedabad, Gujarat, India | |
| Spectrum Surface Solutions India Private Limited | ₹3.99 Cr (FY 2024) | -24.0% | Chennai, Tamil Nadu, India | |||
| Rupen Marketing Pvt Ltd | ₹3.98 Cr (FY 2024) | 962.0% | Ahmedabad, Gujarat, India | |||
| Lonsdale Life Sciences Private Limited | ₹3.97 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| Frvelion Oils India Private Limited | ₹3.97 Cr (FY 2021) | 889.0% | Rudrapur, Uttarakhand, India |
To see the full peer comparison of Kushika Industries Private Limited, buy the company report.
Auditor
Kushika Industries Private Limited is audited by MOHAMMEDTAUSIF SHAIKH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAMMEDTAUSIF SHAIKH | FY 2023 | 149182 |
Shareholding
The shareholding of Kushika 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 Kushika Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.7 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2023 | 100848014 | The Kalupur Commercial Co-Operative Bank Limited | ₹25.7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kushika Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kushika Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kushika Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCK9621E1ZN | Gujarat | Active | 26 Feb 2018 |
To see the full GST registrations and return filing status of Kushika Industries Private Limited, buy the company report.
Recent activity
Kushika Industries Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Amit Manuprasad Pathak was appointed as Director on 16 Feb 2018.
AGM
Kushika Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kushika Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 25.70 Lakh with Charge ID 100848014 was registered on 21 Dec 2023.
Appointed
Amit Manuprasad Pathak was appointed as Director.
Appointed
Mithil Amit Pathak was appointed as Director.
Incorporation
16 Feb 2018
Kushika Industries Private Limited was registered on 16 Feb 2018 with Roc Ahmedabad & aged 8 years 8 months as per MCA records.
Frequently asked questions
Kushika Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 16 February 2018 (8+ years old) and is registered under CIN U24299GJ2018PTC100856.
Kushika Industries has 2 current directors:
- Mithil Amit Pathak - Director
- Amit Manuprasad Pathak - Director
The latest financial statements of Kushika Industries 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 FY 2018 are in the company report.
The GSTIN of Kushika Industries is 24AAGCK9621E1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Kushika Industries is U24299GJ2018PTC100856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushika Industries was incorporated on 16 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kushika Industries by revenue are Starke and Company Private Limited, Veekay Coatings Private Limited, Equipro Solutions Private Limited, Citi Exim Private Limited, Bansidhar Petroleum Private Limited and 4 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Amit Manuprasad Pathak was appointed as Director on 16 Feb 2018. Mithil Amit Pathak was appointed as Director on 16 Feb 2018.
Yes, Kushika Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kushika Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0059840).
The registered office of Kushika Industries is at 917 State Bank Of India Officers – Co.Op. H.Soc.Ltd Narayan Nagar Paldi, Ahmedabad, Gujarat, India – 380007.
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