About KVR Industries Private Limited
Data last updated:
KVR Industries Private Limited is a private limited company based in Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 05 October 1999.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17119TG1999PTC032640. Its GSTIN is 37AACCK7954J1Z1 (Andhra Pradesh).
The company has an authorised share capital of ₹24.45 Cr and a paid-up capital of ₹24.45 Cr. It was formerly known as Kvr Industries Limited. It is led by directors including Yeruku Naidu Kolli and Praful Prakash Bafna.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 47 – 11 – 3. Dwarakanagar Visakhapatnam 53016., Telangana, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹74.7 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹8.9 Cr (net margin -11.9%) and EBITDA of -₹3.55 Cr (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.92 Cr and satisfied charges of ₹41.05 Cr on record. Court records list 54 cases involving the company, including 20 filed by the company and 34 filed against it; 4 cases are pending. The company has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹24.45 Cr; the latest was in February 2019. Its 3 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 1 smaller; the largest is Sri Srivathsa Paper Mills Private Limited with revenue of ₹75.21 Cr.
The last known website on record is kvrgroups.com.
Company details
CIN history
KVR Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17119TG1999PTC032640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17119TG1999PTC032640 | Current |
| U17119AP1999PLC032640 | Previous |
| U17119TG1999PLC032640 | Previous |
Contact details
KVR Industries Private Limited's registered office is in Telangana. Its website is kvrgroups.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address47 – 11 – 3. Dwarakanagar Visakhapatnam 53016., Telangana, India
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of KVR 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
Business activity
The main business activity of KVR Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| 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 |
To see the full business activity and turnover split of KVR Industries Private Limited, buy the company report.
Financials of KVR Industries Private Limited
FY 2018 filings availableKVR Industries Private Limited reported revenue of ₹74.7 Cr (down 15% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 15% fall in the latest year. EBITDA rose 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹74.7 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.55 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.9 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.8% | |||
| Net Profit Margin | -11.9% | |||
| 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 KVR Industries Private Limited, buy the company report.
Board of directors of KVR Industries Private Limited
KVR Industries has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yeruku Naidu Kolli | Additional Director | 21 Oct 2024 | 2 Years 0 Months | As last reported |
| Praful Prakash Bafna | Nominee Director | 29 Dec 2018 | 7 Years 9 Months | As last reported |
| Yogesh Prakash Bafna Also directs: Craftlyne LLP, P P Bafna Ventures Private Limited, Bafsales Pencil Private Limited and 1 more | Nominee Director | 29 Dec 2018 | 7 Years 9 Months | As last reported |
| Chandrasekhara Rao Patnaikuni | Additional Director | 21 Oct 2024 | 2 Years 0 Months | As last reported |
Peer comparison
KVR Industries Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Srivathsa Paper Mills Private Limited | ₹75.21 Cr (FY 2025) | -12.0% | Udumalpet Tirupur, Tamil Nadu, India | |||
| Ramji Board and Paper Mill Private Limited | ₹74.73 Cr (FY 2025) | 45.0% | Vapi, Gujarat, India | |||
| KVR Industries Private Limitedthis company | ₹74.7 Cr (FY 2018) | -₹8.9 Cr | -11.9% | -15.0% | 58 | Telangana, India |
| Kalra Paper Industries Private Limited | ₹73.71 Cr (FY 2025) | -20.0% | Chandigarh, India |
To see the full peer comparison of KVR Industries Private Limited, buy the company report.
Auditor
KVR Industries Private Limited is audited by M KRISHNAKUMAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M KRISHNAKUMAR & ASSOCIATES | FY 2018 | 006853S |
Shareholding
The shareholding of KVR Industries Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of KVR Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2008 | 10109674 | Punjab National Bank | ₹45.92 Cr | Open | |
| 19 Dec 2011 | 10323784 | State Bank of Hyderabad | ₹18 Cr | Satisfied | |
| 09 Apr 2009 | 10151756 | Kotak Mahindra Bank Limited | ₹7.88 Lakh | Satisfied | |
| 05 Aug 2008 | 10122528 | Global Trade Finance Limited | ₹2.97 Cr | Satisfied | |
| 05 Aug 2006 | 10016260 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of KVR Industries Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
KVR Industries Private Limited has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹24.45 Cr; the latest was in February 2019.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Funding round | ₹2.45 Cr | Investors: P P Bafna Ventures Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Ratnam Jute Private Limited |
| Jun 2010 | Funding round | ₹5.87 Cr | Investors: Sri Ramachandra Traders, Sri Vaishnavi Jute Traders, Ratnam Jute Private Limited , an individual |
| Mar 2008 | Funding round | ₹7.49 Cr | Investors: Ratnam Jute Private Limited , 3 individuals |
| Nov 2006 | Funding round | ₹4.03 Cr | Investors: Ratnam Jute Private Limited , 3 individuals |
To see the full deal history of KVR Industries Private 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
KVR Industries Private Limited has 54 court cases on record: 20 filed by KVR Industries, 34 filed against it. 4 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 14 | 0 |
| District courts | 21 | 16 | 3 |
| NCLAT | 3 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court III | Tribunal matter | Filed against the company by M/S PP Bafna Ventures Pvt Ltd | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by Santan Overseas Private Limited | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Santan Overseas Private Limited Parinam Law Associates | Disposed |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by P.P. Bafna Ventures Private Limited Through Authorised Signatory Having Registered Office at No. 111, World Trade Centre Tower, A.S. No. 1, Kharadi, HS. No. 1B/2 B, ,Pune , Maharashtra | Disposed |
| NCLAT, Court I | Tribunal matter | Filed against the company by M/S PP Bafna Ventures Pvt Ltd | Disposed |
To see the full case history of KVR 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.
Credit ratings & regulatory alerts
KVR Industries Private Limited was last rated by Crisil on 24 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Aug 2021 |
To see the full credit ratings and regulatory alerts of KVR Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for KVR Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
KVR Industries Private Limited has a workforce of 58 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
KVR Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCK7954J1Z1 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KVR Industries Private Limited, buy the company report.
Recent activity
KVR Industries Private Limited has 10 board changes on record since 2016: 4 appointments and 6 cessations. The latest: Ananadarao Suramalla ceased to be Additional Director on 21 Oct 2024.
13 earlier events are in the company report.
Frequently asked questions
KVR Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
KVR Industries is a company under insolvency, formerly operating as a private limited company based in Telangana, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 05 October 1999 and is registered under CIN U17119TG1999PTC032640. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
KVR Industries has 4 current directors:
- Yeruku Naidu Kolli - Additional Director
- Praful Prakash Bafna - Nominee Director
- Yogesh Prakash Bafna - Nominee Director
- Chandrasekhara Rao Patnaikuni - Additional Director
The latest financial statements of KVR Industries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of KVR Industries is U17119TG1999PTC032640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KVR Industries has open charges of ₹45.92 Cr and satisfied charges of ₹41.05 Cr as per latest MCA filings.
KVR Industries has 54 court cases on record: 20 filed by the company and 34 filed against it. 4 are pending. Most are in the high courts.
KVR Industries was incorporated on 05 October 1999. It is registered with the Registrar of Companies, Hyderabad.
KVR Industries has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹24.45 Cr; the latest was in February 2019.
The peers of KVR Industries by revenue are Sri Srivathsa Paper Mills Private Limited, Ramji Board and Paper Mill Private Limited, Kalra Paper Industries Private Limited, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Ananadarao Suramalla ceased to be Additional Director on 21 Oct 2024. Chandrasekhara Rao Patnaikuni was appointed as Additional Director on 21 Oct 2024. Venkata Rao Kotha ceased to be Director on 21 Oct 2024. KVR Industries has 10 board changes on record in total.