India's Richest People 2026 edition · 1 director · Source: Hurun India
- #571 Siddharth Yogesh Kusumgar & family ₹5,900 Cr
Market Cap
₹5,834 Cr
KUSUMGAR · NSE
Share Price
₹553.10
-0.47% today
Revenue
₹692 Cr
FY 2025-26 · -11.2% YoY
EBITDA
₹188 Cr
Margin 27.1%
Net Profit
₹98.27 Cr
FY 2025-26 · -12.4% YoY
P/E (TTM)
35.3x
P/B 9.8x
ROE
25.9%
ROCE 23.7%
Debt / Equity
0.78
Interest cover 18.4x
About Kusumgar Limited
Data last updated:
Kusumgar Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 June 1990 and has been in existence for over 36 years.
Its director Siddharth Yogesh Kusumgar and family are #571 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1990PLC056871. Its GSTIN is 27AAACK2030M1ZP (Maharashtra). The company holds 7 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544821 and NSE: KUSUMGAR.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹11.9 Cr. It was formerly known as Kusumgar Finstock Private Limited. It is led by directors including Sapna Siddharth Kusumgar (Managing Director) and Siddharth Yogesh Kusumgar (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹692 Cr, a decline of 11.2% compared to the previous year. For the same year it recorded a net profit of ₹98.27 Cr (net margin 14.2%) and EBITDA of ₹187.84 Cr (EBITDA margin 27.1%). The net worth stands at ₹502.95 Cr (up 95.1% YoY). Total assets are valued at ₹793.43 Cr (up 41.1% YoY).
The company has about 926 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kusumgar. As per MCA filings, the company has open charges of ₹279.25 Cr and satisfied charges of ₹69.14 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 13 deals on record (8 secondary share transfers, 3 funding rounds, 1 ipo), with disclosed funding of ₹150.72 Cr; the latest was in July 2026. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is NSL Textiles Limited with revenue of ₹817.66 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kusumgar.com.
Company details
CIN U65990MH1990PLC056871
Registration Number 056871
Incorporation Date 15 June 1990
ROC Mumbai
Listing Status Listed - Listed on NSE (KUSUMGAR); Listed on BSE (544821)
Company Status Active
Compliance Status Active Compliant
Name history
Kusumgar has undergone 2 name changes throughout its history. The company was previously known as Kusumgar Finstock Private Limited, and Kusumgar Limited. The current legal name is Kusumgar Limited.
| Company Name | Status |
|---|---|
| Kusumgar Limited | Current |
| Kusumgar Finstock Private Limited | Previous |
CIN history
Kusumgar has one previous CIN (Corporate Identification Number): U65990MH1990PTC056871. The current CIN is U65990MH1990PLC056871, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1990PLC056871 | Current |
| U65990MH1990PTC056871 | Previous |
Key People
Ankur Kothari Ceo Sapna Siddharth Kusumgar Managing Director Siddharth Yogesh Kusumgar Managing Director Recognitions & Rankings of Kusumgar
Contact details
Kusumgar Limited's registered office is in Mumbai, Maharashtra. Its website is kusumgar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 Manjushree V.M. Road Corner Of N.S.Road No.5 Jvpd Scheme Vile, Parle(W), Mumbai, Maharashtra, India – 400056
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kusumgar Limited, buy the company report.
Comprehensive company report
Kusumgar 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
Brands
Kusumgar operates one associated brand: Kusumgar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of technical textiles for military, aeronautical, and industrial applications. | kusumgar.com |
Financials of Kusumgar Limited
FY 2025-26 filings availableKusumgar Limited reported revenue of ₹692 Cr (down 11.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹692 Cr
-11.2% YoY
EBITDA
₹188 Cr
-0.3% YoY
Profit After Tax
₹98.27 Cr
-12.4% YoY
Net Worth
₹503 Cr
+95.1% YoY
Total Assets
₹793 Cr
+41.1% YoY
Total Debt
₹288 Cr
-4.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 692 | 779 | 468 | 302 |
| Revenue growth | -11.2% | +66.5% | +55.1% | - |
| EBITDA | 188 | 188 | 132 | 67.85 |
| EBITDA margin | +27.1% | +24.2% | +28.2% | +22.5% |
| Profit before tax | 135 | 151 | 115 | 49.27 |
| Net profit | 98.27 | 112 | 84.27 | 37.11 |
| Net profit margin | +14.2% | +14.4% | +18.0% | +12.3% |
| EPS (₹) | 9.72 | 11.03 | 4,241.01 | 1,870.20 |
| Balance sheet | ||||
| Total assets | 793 | 562 | 261 | 113 |
| Net worth | 503 | 258 | 140 | 55.61 |
| Total debt | 288 | 302 | 119 | 56.17 |
| Cash & bank | 48.06 | 41.19 | 143 | 11.25 |
| Net working capital | 424 | 243 | 42.05 | 8.91 |
| Cash flow | ||||
| Cash from operations | 28.26 | (155) | 201 | 17.58 |
| Cash from investing | (102) | 2.04 | (200) | (17.57) |
| Cash from financing | 69.75 | 151 | 21.18 | 2.18 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|---|
| Revenue | 251 | 247 | 313 | 118 | 139 | 122 |
| Revenue growth (YoY) | +80.8% | +101.9% | - | - | - | - |
| Other income | 4.11 | 1.37 | 13.01 | 0.92 | 1.96 | 3.88 |
| EBITDA | 67.15 | 75.42 | 116 | 20.23 | 28.82 | 23.11 |
| EBITDA margin | +26.8% | +30.5% | +37.0% | +17.1% | +20.8% | +18.9% |
| Depreciation | 13.03 | 12.74 | 11.43 | 13.56 | 10.97 | 10.74 |
| Interest | 5.41 | 6.20 | 5.05 | 7.16 | 6.83 | 6.93 |
| Profit before tax | 52.82 | 57.85 | 112 | 0.43 | 12.98 | 9.32 |
| Tax | 12.22 | 15.20 | 30.23 | 1.81 | 2.06 | 2.67 |
| Net profit | 40.60 | 42.65 | 81.99 | (1.38) | 10.92 | 6.65 |
| EPS (₹) | 3.79 | 4.09 | 7.65 | 0.00 | 1.05 | 0.64 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 676 | 806 | 474 | 313 | 221 | 192 |
| Revenue growth | -16.1% | +69.9% | +51.5% | +41.6% | +14.9% | - |
| EBITDA | 170 | 183 | 126 | 66.14 | 40.08 | 35.77 |
| EBITDA margin | +25.2% | +22.8% | +26.6% | +21.1% | +18.1% | +18.6% |
| Profit before tax | 119 | 146 | 110 | 48.38 | 30.50 | 24.92 |
| Net profit | 88.20 | 109 | 81.02 | 36.48 | 22.47 | 18.45 |
| Net profit margin | +13.1% | +13.5% | +17.1% | +11.7% | +10.2% | +9.6% |
| EPS (₹) | 8.73 | 10.73 | 4,077.59 | 1,838.91 | 1,128.60 | 921.46 |
| Balance sheet | ||||||
| Total assets | 883 | 662 | 363 | 219 | 161 | 134 |
| Net worth | 593 | 359 | 244 | 163 | 129 | 106 |
| Total debt | 288 | 301 | 118 | 55.39 | 31.69 | 26.78 |
| Cash & bank | 40.87 | 35.87 | 142 | 11.04 | 4.14 | 3.96 |
| Net working capital | 393 | 234 | 150 | 120 | 80.90 | 58.72 |
| Cash flow | ||||||
| Cash from operations | 35.78 | (47.38) | 199 | 16.56 | 13.99 | 30.14 |
| Cash from investing | (112) | (111) | (200) | (17.57) | (23.97) | (22.47) |
| Cash from financing | 70.83 | 151 | 22.03 | 3.09 | 10.16 | (7.43) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|---|
| Revenue | 240 | 242 | 307 | 121 | 122 | 125 |
| Revenue growth (YoY) | +96.3% | +93.6% | - | - | - | - |
| Other income | 4.85 | 1.67 | 13.26 | 1.23 | 2.31 | 4.00 |
| Total expenses | 182 | 168 | 199 | 104 | 97.05 | 106 |
| EBITDA | 57.87 | 73.60 | 109 | 16.95 | 25.15 | 19.14 |
| EBITDA margin | +24.1% | +30.4% | +35.4% | +14.0% | +20.6% | +15.3% |
| Depreciation | 12.80 | 12.51 | 11.20 | 13.33 | 10.73 | 10.51 |
| Interest | 5.38 | 6.17 | 5.00 | 7.15 | 6.82 | 6.92 |
| Profit before tax | 44.54 | 56.59 | 106 | (2.30) | 9.91 | 5.71 |
| Tax | 11.37 | 14.74 | 28.18 | 0.21 | 1.19 | 1.45 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|---|
| Revenue | 251 | 247 | 313 | 118 | 139 | 122 |
| Revenue growth (YoY) | +80.8% | +101.9% | - | - | - | - |
| Other income | 4.11 | 1.37 | 13.01 | 0.92 | 1.96 | 3.88 |
| EBITDA | 67.15 | 75.42 | 116 | 20.23 | 28.82 | 23.11 |
| EBITDA margin | +26.8% | +30.5% | +37.0% | +17.1% | +20.8% | +18.9% |
| Depreciation | 13.03 | 12.74 | 11.43 | 13.56 | 10.97 | 10.74 |
| Interest | 5.41 | 6.20 | 5.05 | 7.16 | 6.83 | 6.93 |
| Profit before tax | 52.82 | 57.85 | 112 | 0.43 | 12.98 | 9.32 |
| Tax | 12.22 | 15.20 | 30.23 | 1.81 | 2.06 | 2.67 |
| Net profit | 40.60 | 42.65 | 81.99 | (1.38) | 10.92 | 6.65 |
| EPS (₹) | 3.79 | 4.09 | 7.65 | 0.00 | 1.05 | 0.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 692 | 779 | 468 | 302 |
| Revenue growth | -11.2% | +66.5% | +55.1% | - |
| Other income | 19.78 | 11.22 | 6.64 | 2.07 |
| Total expenses | 504 | 591 | 336 | 234 |
| Employee cost | 88.19 | 65.57 | 41.49 | 31.51 |
| EBITDA | 188 | 188 | 132 | 67.85 |
| EBITDA margin | +27.1% | +24.2% | +28.2% | +22.5% |
| Depreciation | 46.69 | 34.19 | 17.10 | 15.37 |
| Interest | 25.98 | 14.63 | 6.32 | 5.28 |
| Profit before tax | 135 | 151 | 115 | 49.27 |
| Tax | 36.76 | 38.80 | 30.67 | 12.06 |
| Net profit | 98.27 | 112 | 84.27 | 37.11 |
| Net profit margin | +14.2% | +14.4% | +18.0% | +12.3% |
| EPS (₹) | 9.72 | 11.03 | 4,241.01 | 1,870.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 11.90 | 10.15 | 1.99 | 1.99 |
| Reserves & surplus | 491 | 248 | 138 | 53.62 |
| Shareholders' funds (net worth) | 503 | 258 | 140 | 55.61 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 224 | 246 | 76.53 | 47.50 |
| Unsecured loans | 64.88 | 55.69 | 42.27 | 8.67 |
| Total debt | 288 | 302 | 119 | 56.17 |
| Total liabilities | 793 | 562 | 261 | 113 |
| Assets | ||||
| Gross block | 412 | 293 | 213 | 111 |
| Net block | 307 | 233 | 186 | 97.76 |
| Capital work in progress | 26.26 | 45.19 | 8.43 | 0.19 |
| Investments | 15.42 | 14.97 | 12.18 | 0.00 |
| Inventories | 195 | 137 | 144 | 67.76 |
| Sundry debtors | 233 | 56.11 | 42.24 | 55.34 |
| Cash & bank balances | 48.06 | 41.19 | 143 | 11.25 |
| Loans & advances | 57.02 | 77.06 | 33.10 | 13.89 |
| Total current assets | 533 | 311 | 362 | 148 |
| Total current liabilities | 109 | 68.20 | 320 | 139 |
| Net working capital | 424 | 243 | 42.05 | 8.91 |
| Total assets | 793 | 562 | 261 | 113 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 30.49 | 32.68 | 10.11 | 7.92 |
| Net cash from operating activities | 28.26 | (155) | 201 | 17.58 |
| Net cash from investing activities | (102) | 2.04 | (200) | (17.57) |
| Net cash from financing activities | 69.75 | 151 | 21.18 | 2.18 |
| Net change in cash | (3.67) | (2.19) | 22.57 | 2.20 |
| Closing cash | 48.06 | 41.19 | 143 | 11.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | -11.2% | +66.5% | +55.1% | - |
| EBITDA growth | -0.3% | +42.9% | +94.3% | - |
| PBT growth | -10.5% | +31.1% | +133.5% | +9997.0% |
| Net income growth | -12.4% | +33.1% | +127.1% | - |
| Revenue CAGR (3Y) | +31.9% | - | - | - |
| EBITDA CAGR (3Y) | +40.4% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +14.2% | +14.4% | +18.0% | +12.3% |
| Return on capital employed | +23.7% | +40.2% | +65.0% | +48.4% |
| Return on net worth | +25.9% | +56.3% | +86.1% | +66.9% |
| Debt / equity | 0.78 | 1.06 | 0.89 | 1.01 |
| Long-term debt / equity | 0.35 | 0.49 | 0.50 | 0.46 |
| Interest cover | 18.41 | 9.49 | 5.51 | 10.06 |
| Efficiency & per share | ||||
| Fixed asset turnover | 1.96 | 3.08 | 2.89 | 2.71 |
| Inventory turnover | 4.17 | 5.55 | 4.43 | 4.45 |
| Debtors turnover | 4.78 | 15.84 | 9.59 | 5.45 |
| EPS (₹) | 9.72 | 11.03 | 4,241.01 | 1,870.20 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 49.62 | 25.40 | 7,053.22 | 2,794.67 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|---|
| Revenue | 240 | 242 | 307 | 121 | 122 | 125 |
| Revenue growth (YoY) | +96.3% | +93.6% | - | - | - | - |
| Other income | 4.85 | 1.67 | 13.26 | 1.23 | 2.31 | 4.00 |
| Total expenses | 182 | 168 | 199 | 104 | 97.05 | 106 |
| EBITDA | 57.87 | 73.60 | 109 | 16.95 | 25.15 | 19.14 |
| EBITDA margin | +24.1% | +30.4% | +35.4% | +14.0% | +20.6% | +15.3% |
| Depreciation | 12.80 | 12.51 | 11.20 | 13.33 | 10.73 | 10.51 |
| Interest | 5.38 | 6.17 | 5.00 | 7.15 | 6.82 | 6.92 |
| Profit before tax | 44.54 | 56.59 | 106 | (2.30) | 9.91 | 5.71 |
| Tax | 11.37 | 14.74 | 28.18 | 0.21 | 1.19 | 1.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 676 | 806 | 474 | 313 | 221 | 192 |
| Revenue growth | -16.1% | +69.9% | +51.5% | +41.6% | +14.9% | - |
| Other income | 20.79 | 10.81 | 6.69 | 2.13 | 3.36 | 2.18 |
| Total expenses | 506 | 622 | 348 | 247 | 181 | 157 |
| Employee cost | 85.87 | 62.70 | 38.72 | 29.50 | 24.16 | 20.51 |
| EBITDA | 170 | 183 | 126 | 66.14 | 40.08 | 35.77 |
| EBITDA margin | +25.2% | +22.8% | +26.6% | +21.1% | +18.1% | +18.6% |
| Depreciation | 45.77 | 33.19 | 16.41 | 14.70 | 9.62 | 9.52 |
| Interest | 25.89 | 14.54 | 6.29 | 5.19 | 3.32 | 3.51 |
| Profit before tax | 119 | 146 | 110 | 48.38 | 30.50 | 24.92 |
| Tax | 31.03 | 37.60 | 29.10 | 11.80 | 8.02 | 6.59 |
| Net profit | 88.20 | 109 | 81.02 | 36.48 | 22.47 | 18.45 |
| Net profit margin | +13.1% | +13.5% | +17.1% | +11.7% | +10.2% | +9.6% |
| EPS (₹) | 8.73 | 10.73 | 4,077.59 | 1,838.91 | 1,128.60 | 921.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 11.90 | 10.15 | 1.99 | 1.99 | 1.99 | 1.99 |
| Reserves & surplus | 581 | 349 | 242 | 161 | 127 | 104 |
| Shareholders' funds (net worth) | 593 | 359 | 244 | 163 | 129 | 106 |
| Secured loans | 224 | 246 | 76.53 | 46.72 | 31.69 | 20.14 |
| Unsecured loans | 64.41 | 54.78 | 40.97 | 8.67 | 0.00 | 6.64 |
| Total debt | 288 | 301 | 118 | 55.39 | 31.69 | 26.78 |
| Total liabilities | 883 | 662 | 363 | 219 | 161 | 134 |
| Assets | ||||||
| Gross block | 407 | 288 | 207 | 105 | 140 | 120 |
| Net block | 304 | 229 | 181 | 93.17 | 76.61 | 66.59 |
| Capital work in progress | 26.26 | 45.19 | 8.43 | 0.19 | 1.00 | 0.10 |
| Investments | 128 | 127 | 12.18 | 0.00 | 0.00 | 6.58 |
| Inventories | 190 | 132 | 136 | 61.03 | 45.54 | 37.46 |
| Sundry debtors | 217 | 56.11 | 44.86 | 58.97 | 51.88 | 35.33 |
| Cash & bank balances | 40.87 | 35.87 | 142 | 11.04 | 4.14 | 3.96 |
| Loans & advances | 53.51 | 77.26 | 33.16 | 13.77 | 11.34 | 6.47 |
| Total current assets | 501 | 301 | 357 | 145 | 113 | 83.22 |
| Total current liabilities | 108 | 66.66 | 207 | 24.55 | 32.00 | 24.50 |
| Net working capital | 393 | 234 | 150 | 120 | 80.90 | 58.72 |
| Total assets | 883 | 662 | 363 | 219 | 161 | 134 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 25.27 | 31.71 | 9.98 | 7.91 | 3.96 | 3.72 |
| Net cash from operating activities | 35.78 | (47.38) | 199 | 16.56 | 13.99 | 30.14 |
| Net cash from investing activities | (112) | (111) | (200) | (17.57) | (23.97) | (22.47) |
| Net cash from financing activities | 70.83 | 151 | 22.03 | 3.09 | 10.16 | (7.43) |
| Net change in cash | (5.53) | (6.44) | 21.73 | 2.07 | 0.18 | 0.24 |
| Closing cash | 40.87 | 35.87 | 142 | 11.04 | 4.14 | 3.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -16.1% | +69.9% | +51.5% | +41.6% | +14.9% | - |
| EBITDA growth | -7.3% | +45.3% | +90.9% | +65.0% | +12.1% | - |
| PBT growth | -18.7% | +32.9% | +127.9% | +58.6% | +22.4% | +9997.0% |
| Net income growth | -18.9% | +34.3% | +122.1% | +62.4% | +21.8% | - |
| Revenue CAGR (3Y) | +29.2% | +53.9% | +35.1% | - | - | - |
| EBITDA CAGR (3Y) | +37.0% | +66.0% | +52.3% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +13.0% | +13.5% | +17.1% | +11.7% | +10.2% | +9.5% |
| Return on capital employed | +18.8% | +31.4% | +40.0% | +28.6% | +23.7% | +23.6% |
| Return on net worth | +18.6% | +36.1% | +39.8% | +25.5% | +20.0% | +19.9% |
| Debt / equity | 0.62 | 0.69 | 0.42 | 0.30 | 0.26 | 0.31 |
| Long-term debt / equity | 0.28 | 0.32 | 0.24 | 0.16 | 0.16 | 0.16 |
| Interest cover | 20.84 | 9.68 | 5.73 | 10.09 | 10.90 | 13.37 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 1.94 | 3.26 | 3.04 | 2.61 | 1.77 | 1.76 |
| Inventory turnover | 4.20 | 6.02 | 4.80 | 5.87 | 5.33 | 5.43 |
| Debtors turnover | 4.95 | 15.96 | 9.13 | 5.65 | 5.07 | 5.82 |
| EPS (₹) | 8.73 | 10.73 | 4,077.59 | 1,838.91 | 1,128.60 | 921.46 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 58.52 | 35.35 | 12,281.71 | 8,186.37 | 6,219.08 | 5,090.48 |
To see the full year-wise statements and ratios of Kusumgar Limited, buy the company report.
Board of directors and KMP of Kusumgar Limited
Kusumgar Limited currently reports 5 directors and 1 key managerial person. 11 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sapna Siddharth Kusumgar | Managing Director | 25 Apr 2022 | 4 Years 6 Months | Current |
| Kaushal Jaysingh Sampat Also directs: Kusumgar Limited, Apar Industries Limited, Rubix Data Sciences Private Limited and 1 more | Director | 17 Mar 2025 | 1 Years 7 Months | Current |
| Nihar Parikh Ajay | Director | 10 Jun 2025 | 1 Years 5 Months | Current |
| Deepti Gupta Also directs: Kusumgar Limited, Voith Paper Fabrics India Limited | Director | 17 Mar 2025 | 1 Years 7 Months | Current |
| Ankur Kothari | Ceo | 01 Feb 2025 | 1 Years 9 Months | Current |
| Siddharth Yogesh Kusumgar | Managing Director | 01 Aug 2000 | 26 Years 3 Months | Current |
Peer comparison
Kusumgar Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NSL Textiles Limited | ₹817.66 Cr (FY 2025) | -19.0% | Guntur, Andhra Pradesh, India | |||
| L.S. Mills Limited | ₹815.63 Cr (FY 2025) | 16.0% | Theni, Tamil Nadu, India | |||
| Amitara Overseas Private Limited | ₹802.73 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Pratibha Syntex Limited | ₹799.94 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Surya Lakshmi Cotton Mills Ltd | ₹796.35 Cr (FY 2025) | 1.0% | Secunderabad, Telangana, India | |||
| Jain Cord Industries Private Limited | ₹787.58 Cr (FY 2025) | 46.0% | Gurgaon, Haryana, India | |||
| Bombay Rayon Fashions Limited | ₹786.1 Cr (FY 2022) | 571.0% | Mumbai, Maharashtra, India | |||
| Premier Fine Linens Private Limited | ₹781.14 Cr (FY 2025) | 42.0% | Coimbatore, Tamil Nadu, India | |||
| Shaktigarh Textile & Industries Ltd | ₹761.47 Cr (FY 2024) | -1.0% | Shaktigarh, West Bengal, India | |||
| Gloster Limited | ₹760.93 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Kusumgar Limitedthis company | ₹692 Cr (FY 2026) | ₹98.27 Cr | 14.2% | -11.2% | 926 | Mumbai, Maharashtra, India |
To see the full peer comparison of Kusumgar Limited, buy the company report.
Auditor
Kusumgar Limited is audited by Chaturvedi Sohan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi Sohan & Co | FY 2023 | 118424W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 1.20%, domestic institutional investors hold 13.20% and retail and other public shareholders hold 10.60%.
Sep 2026
QUARTER
75.00% Promoters
13.20% DII (Domestic Institutional)
1.20% FII (Foreign Institutional)
10.60% Retail & Others
Shareholding trend - last 6 quarters
| Sep 2026 | |
|---|---|
| Promoters | 75.00% |
| Public | 25.00% |
Charges & borrowings
Open charges
₹279.25 Cr
Satisfied charges
₹69.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100961365 | Others | ₹10 Cr | Open | |
| 23 Jul 2024 | 100990810 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 29 Mar 2024 | 100916498 | Others | ₹10 Cr | Open | |
| 13 Dec 2023 | 100857053 | Others | ₹75 Cr | Open | |
| 18 Nov 2022 | 100649275 | Hdfc Bank Limited | ₹24.63 Lakh | Open |
To see the full charge records of Kusumgar Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Kusumgar Limited has 13 deals on record (8 secondary share transfers, 3 funding rounds, 1 ipo), with disclosed funding of ₹150.72 Cr; the latest was in July 2026.
Total deals
13
Secondary share transfers
8
Funding rounds
3
IPO
1
Rights issue
1
Disclosed funding
₹150.72 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | IPO | ₹650 Cr | Investors: Axis Max Life Insurance Limited , Kotak Mahindra Life Insurance Company Limited Seller: Siddharth Yogesh Kusumgar HUF, 2 individuals |
| Sep 2025 | Secondary share transfer | Undisclosed | Buyer: Ashoka India Equity Investment Trust Plc, Whiteoak Capital Opportunities Fund, Nuvama Custodial Services Limited Seller: Siddharth Yogesh Kusumgar Huf, 2 individuals |
| Sep 2025 | Secondary share transfer | Undisclosed | Buyer: Motilal Oswal Finvest Limited , Edelweiss Discovery Fund, Spark Midas Investment Fund - I Seller: Siddharth Yogesh Kusumgar Huf, 2 individuals |
| Sep 2025 | Funding round | ₹127.8 Cr | Investors: Motilal Oswal Finvest Limited , Edelweiss Discovery Fund, Spark Midas Investment Fund - I |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Kusumgar 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
Kusumgar Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Appeal | Filed against the company by Union of India Represendent by General Manager South Eastern Rly Calcutta | Disposed |
To see the full case history of Kusumgar 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
Kusumgar Limited was last rated by Care on 05 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2022 |
To see the full credit ratings and regulatory alerts of Kusumgar Limited, buy the company report.
MSME payment delays
Kusumgar Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jostars Orgotech Private Limited | |||
| Globechem Imports | |||
| an individual supplier |
To see the full MSME payment records of Kusumgar Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kusumgar Limited has a workforce of 926 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
926
Active EPFO establishments
1
Employee growth
-3.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 926 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kusumgar Limited, buy the company report.
GST
Kusumgar has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2030M1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK2030M2ZO | Maharashtra | Active | 11 Oct 2017 |
| 09AAACK2030M1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACK2030M1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kusumgar Limited, buy the company report.
Recent activity
Kusumgar Limited has 17 board changes on record since 2000: 6 appointments and 11 cessations. The latest: Deepti Gupta ceased to be Additional Director on 15 Jun 2025.
Filing
Kusumgar Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
Charges
A charge with Others of Rs. 75.00 Cr registered on 13 Dec 2023 with Charge ID 100857053 was modified on 16 Nov 2025.
AGM
Kusumgar Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Deepti Gupta ceased to be Additional Director.
Ceased
Kaushal Jaysingh Sampat ceased to be Additional Director.
Ceased
Nihar Parikh Ajay ceased to be Additional Director.
Appointed
Nihar Parikh Ajay was appointed as Director.
Appointed
Deepti Gupta was appointed as Director.
Appointed
Kaushal Jaysingh Sampat was appointed as Director.
Ceased
Kiran Nagindas Shah ceased to be Director.
Ceased
Yogesh Kantilal Kusumgar ceased to be Director.
Charges
A charge with Citi Bank N.A. of Rs. 60.00 Cr registered on 06 Aug 2020 with Charge ID 100357270 was modified on 21 Feb 2025.
40 earlier events are in the company report.
News
Frequently asked questions
Kusumgar is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 June 1990 (36+ years old) and is registered under CIN U65990MH1990PLC056871. Listed on BSE: 544821 and NSE: KUSUMGAR.
Kusumgar reported revenue of ₹692 Cr for FY 2025-26 (down 11.2% YoY) based on consolidated financials.
Kusumgar has 6 current directors and KMP:
- Sapna Siddharth Kusumgar - Managing Director
- Siddharth Yogesh Kusumgar - Managing Director
- Kaushal Jaysingh Sampat - Director
- Nihar Parikh Ajay - Director
- Deepti Gupta - Director
- Ankur Kothari - Ceo
The latest financial statements of Kusumgar on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kusumgar is 27AAACK2030M1ZP, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACK2030M2ZO (Maharashtra), 09AAACK2030M1ZN (Uttar Pradesh), 24AAACK2030M1ZV (Gujarat).
The CIN (Corporate Identification Number) of Kusumgar is U65990MH1990PLC056871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kusumgar is a listed company as per MCA records. Its shares are listed on both BSE (code: 544821) and NSE (symbol: KUSUMGAR).
Kusumgar has 1 court case on record: 1 filed against it.
Kusumgar was incorporated on 15 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Kusumgar has 13 deals on record (8 secondary share transfers, 3 funding rounds, 1 ipo), with disclosed funding of ₹150.72 Cr; the latest was in July 2026.
The peers of Kusumgar by revenue are NSL Textiles Limited, L.S. Mills Limited, Amitara Overseas Private Limited, Pratibha Syntex Limited, Surya Lakshmi Cotton Mills Ltd and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Deepti Gupta ceased to be Additional Director on 15 Jun 2025. Kaushal Jaysingh Sampat ceased to be Additional Director on 15 Jun 2025. Nihar Parikh Ajay ceased to be Additional Director on 15 Jun 2025. Kusumgar has 17 board changes on record in total.
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