Fortune MNC 500 India 2026 edition
Rank#366- Total income
- ₹973 Cr
- Profit
- ₹37 Cr
Last year #353
Kores (India) Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹834.76 Cr
▲ 24% YoY
Net profit · FY 2023
₹26.82 Cr
Net margin 3.2%
EBITDA · FY 2023
₹66.54 Cr
EBITDA margin 8%
Authorised capital
₹17.5 Cr
Registered with MCA
Paid-up capital
₹12.84 Cr
Issued & subscribed
Open charges
₹915.74 Cr
Satisfied ₹271.52 Cr
Company age
90 yrs
Est. 1936
Employees · EPFO
817
Provident fund records
About Kores (India) Limited
Data last updated:
Kores (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 May 1936 and has been in existence for over 90 years.
Kores (India) is ranked #366 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21198MH1936PLC002494. Its GSTIN is 27AAACK5069Q1ZW (Maharashtra). The company holds 44 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹12.84 Cr. It was formerly known as Kores (India) Private Limited. It is led by directors including Anand Kumar Thirani (Managing Director) and Nandini Sameer Mehta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301/302 Ashford Chambers Lady Jamshedji Road Mahim (West), Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2023, the company reported a revenue of ₹834.76 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹26.82 Cr (net margin 3.2%) and EBITDA of ₹66.54 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
The company has about 817 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Kores. As per MCA filings, the company has open charges of ₹915.74 Cr and satisfied charges of ₹271.52 Cr on record. Court records list 648 cases involving the company, including 478 filed by the company and 170 filed against it; 88 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2025. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 438 overdue payments to 122 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 kores.in.
Company details
CIN U21198MH1936PLC002494
Registration Number 002494
Incorporation Date 26 May 1936
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Anand Kumar Thirani Managing Director Nandini Sameer Mehta Whole-Time Director Rajkumar Hanumanprasad Saboo Whole-Time Director Recognitions & Rankings of Kores (India)
Contact details
Kores (India) Limited's registered office is in Mumbai, Maharashtra. Its website is kores.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301/302 Ashford Chambers Lady Jamshedji Road Mahim (West), Mumbai, Maharashtra, India – 400016
- IndustryEducation, Office & School Supplies
To see the full contact details of Kores (India) Limited, buy the company report.
Comprehensive company report
Kores (India) 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 Kores (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products, chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and metal and metal products. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Kores (India) Limited, buy the company report.
Financials of Kores (India) Limited
FY 2025 filings availableKores (India) Limited reported revenue of ₹834.76 Cr (up 24% YoY) for FY 2023.
Revenue · FY 2023
₹834.76 Cr ▲ 24%
Net profit · FY 2023
₹26.82 Cr margin 3.2%
EBITDA · FY 2023
₹66.54 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 16%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 46%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 24% growth in the latest year. EBITDA rose 19% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹834.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.82 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Kores (India) Limited, buy the company report.
Board of directors of Kores (India) Limited
Kores (India) has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Sameer Mehta Also directs: Futuristic Securities Limited, Vishvakirti Consultancy LLP | Whole-Time Director | 17 Jul 2014 | 12 Years 3 Months | Current |
| Vivek Prakash Bagri Also directs: Triocast Technologies Private Limited, Krako Precision Private Limited, Casttech Allied Private Limited and 4 more | Director | 17 May 2013 | 13 Years 5 Months | Current |
| Rajkumar Hanumanprasad Saboo Also directs: Futuristic Securities Limited, Triocast Technologies Private Limited, Krako Precision Private Limited and 4 more | Whole-Time Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Jagdish Prasad Gupta Also directs: Matrix Business Machines Private Limited | Director | 17 Jul 2014 | 12 Years 3 Months | Current |
| Ashoke Banerjee | Director | 14 Mar 2017 | 9 Years 7 Months | Current |
| Anand Kumar Thirani Also directs: Triocast Technologies Private Limited, Krako Precision Private Limited, Casttech Allied Private Limited and 5 more | Managing Director | 29 May 1981 | 45 Years 4 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Kores (India) Limited is audited by R. Soni & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Soni & Company | FY 2023 | 130349W |
Shareholding
The shareholding of Kores (India) 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 Kores (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹915.74 Cr
Satisfied charges
₹271.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101164187 | Others | ₹86 Lakh | Open | |
| 14 Jul 2025 | 101121820 | Others | ₹19 Lakh | Open | |
| 14 Jul 2025 | 101121829 | Others | ₹15.2 Lakh | Open | |
| 27 May 2025 | 101111611 | Others | ₹136.18 Cr | Open | |
| 23 May 2025 | 101099137 | Others | ₹16.26 Lakh | Open |
To see the full charge records of Kores (India) Limited, buy the company report.
Total charge records: 79 View all charges
Deals & funding
Kores (India) Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2025.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Birla Precision Technologies Limited Seller: Yash Society |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kores (India) Limited has 648 court cases on record: 478 filed by Kores (India), 170 filed against it. 88 cases are pending and 560 are disposed.
Total cases
648
Filed by the company
478
Filed against the company
170
Pending
88
Disposed
560
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 331 | 68 | 64 |
| High courts | 291 | 90 | 24 |
| Supreme Court | 26 | 12 | 0 |
Cases on record (5 of 648)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Madhya Gujarat Vij Company Limited and 1 other | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by M/S. Modi Peripherals Pvt.Ltd. and Ors. and 7 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Miklens Bio Private Limited. and 6 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M-S Saumya Lantech Drilling Services Pvt Ltd and Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Modi Peripherals Pvt. Ltd. and 7 others | Pending |
To see the full case history of Kores (India) 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
Kores (India) Limited was last rated by Crisil on 21 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 May 2020 |
To see the full credit ratings and regulatory alerts of Kores (India) Limited, buy the company report.
MSME payment delays
Kores (India) Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 438 overdue payments to 122 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 122)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Abigail Enterprises Private Limited | |||
| Vardhan Works Pvt Ltd | |||
| M.P. Auto Engineering | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kores (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kores (India) has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| JK Gypsum Private Limited | U74110JK2010PTC003231 |
To see the full group structure of Kores (India) Limited, buy the company report.
Employees & EPFO
Kores (India) Limited has a workforce of 817 employees on its EPFO records as of Mar 29, 2024, across 3 active EPFO establishments.
Employee count
817
Active EPFO establishments
3
Employee growth
4.61%
GST
Kores (India) has 44 GST registrations: 23 active and 21 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
44
Active
23
Cancelled / inactive
21
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK5069Q1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK5069Q2ZV | Maharashtra | Active | 31 Jul 2017 |
| 27AAACK5069Q1D5 | Maharashtra | Active | 06 Nov 2024 |
| 03AAACK5069Q1Z6 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kores (India) Limited, buy the company report.
Recent activity
Kores (India) Limited has 26 board changes on record since 1981: 11 appointments and 15 cessations. The latest: Neha Thirani Bagri was appointed as Additional Director on 25 Jul 2024.
Charges
A charge with Others amounted to Rs. 0.86 Cr with Charge ID 101164187 was registered on 30 Sep 2025.
AGM
Kores (India) Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101121820 was registered on 14 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101121829 was registered on 14 Jul 2025.
Charges
A charge with Others amounted to Rs. 136.18 Cr with Charge ID 101111611 was registered on 27 May 2025.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 101099137 was registered on 23 May 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101076326 was registered on 09 Apr 2025.
Charges
A charge with Others amounted to Rs. 1.55 Cr with Charge ID 101076324 was registered on 03 Apr 2025.
Charges
A charge with Others amounted to Rs. 3.45 Cr with Charge ID 101076325 was registered on 03 Apr 2025.
Filing
Kores (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 101071839 was registered on 15 Mar 2025.
Charges
A charge registered on 22 Sep 2016 via Charge ID 100052085 with Idbi Bank Limited was fully satisfied on 14 Jan 2025.
131 earlier events are in the company report.
Frequently asked questions
Kores (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 May 1936 (90+ years old) and is registered under CIN U21198MH1936PLC002494.
Kores (India) has 9 current directors:
- Anand Kumar Thirani - Managing Director
- Nandini Sameer Mehta - Whole-Time Director
- Rajkumar Hanumanprasad Saboo - Whole-Time Director
- Vivek Prakash Bagri - Director
- Jagdish Prasad Gupta - Director
- Ashoke Banerjee - Director
- Neha Thirani Bagri - Additional Director
- Ajay Kumar Dhagat - Director
- Rekha Anand Thirani - Director
The latest financial statements of Kores (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kores (India) is 27AAACK5069Q1ZW, registered in Maharashtra. The company has 44 GST registrations in all, of which 23 are active and 21 are cancelled or inactive. Other active GSTINs include 27AAACK5069Q2ZV (Maharashtra), 27AAACK5069Q1D5 (Maharashtra), 03AAACK5069Q1Z6 (Punjab).
The CIN (Corporate Identification Number) of Kores (India) is U21198MH1936PLC002494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kores (India) has 648 court cases on record: 478 filed by the company and 170 filed against it. 88 are pending. Most are in the district courts.
Kores (India) was incorporated on 26 May 1936, making it 90+ years old. It is registered with the Registrar of Companies, Mumbai.
Kores (India) has 1 deal on record (1 secondary share transfer); the latest was in March 2025.
Neha Thirani Bagri was appointed as Additional Director on 25 Jul 2024. Jaiprakash Murarilal Agarwal was appointed as CFO on 30 Aug 2021. Rajesh Sharma ceased to be Cfo(Kmp) on 08 Jan 2021. Kores (India) has 26 board changes on record in total.
Kores (India) has 11 MSME Form 1 returns on record between 2019 and 2024, listing 438 overdue payments to 122 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Kores (India) can be reached through the website kores.in. Its registered office is in Mumbai, Maharashtra, India.