KRYFS AT A GLANCE
KRYFS is India’s leading Transformer Core manufacturing company with a capacity to convert 50,000 MT per annum of CRGO Electrical Steel into transformer laminations and cores.

Today, KRYFS services the entire value chain of energy supply from generation (of Solar Power), Transmission (through its EPC business) to distribution (through the manufacture of transformers, cores, and fabrication) and employs over 750 people, all over India.

KRYFS has nine manufacturing facilities for manufacturing of distribution and medium power transformers up to 10 MVA, 33 KV class, laminations, transformer cores, transformer tanks, and lifting slings. Four units are located at Kherdi, Union Territory of Dadra and Nagar Haveli, one unit at Palghar, Maharashtra, three units in Savli, Gujarat, and one in Bhopal, Madhya Pradesh.

KRYFS Power Components Ltd. (KPCL) commenced operations in December 1992 as a manufacturing and trading company, with its first manufacturing plant in Palghar, Maharashtra, 110 kms from Mumbai. Considering the ever-growing demand for electricity in all parts of the country, KPCL initiated with manufacturing the most critical raw material for the manufacture of transformers, CRGO laminations and transformer core.

From a humble beginning of 120 MT per annum in December 1992 to 50,000 MT per annum in 2017 and expanding the value chain from generation to distribution has been an exciting journey full of learning and many achievements.

KRYFS has expanded its product rage to include transformers from 10 KVA (33 KV class), CRGO laminations upto 765 KV class (India’s first POWRGRID certified manufacturer) and transformer tanks upto 765 KV class (at its facility in Bhopal).

KRYFS acquired Pratik Transformers Pvt. Ltd. in the year 2012 [now known as KRYFS Transformers Pvt. Ltd. (KTPL)]. Certified in QMS as per ISO 9001-2008, KTPL started manufacturing Distribution transformers in the year 2003, having one manufacturing unit and one repair unit in Vadodara. Today, we manufacture and repair distribution transformers from 10 KVA up to 2000 KVA, 33 KV class. Both the units are equipped with state of the art manufacturing and testing facilities. Our transformers conform to national and international standards. Our complete range of transformers has been type tested for Dynamic and Thermal ability to withstand short circuit, impulse (both full wave and copped wave), temperature rise test, noise level, Tan delta and capacitance etc. at NABL laboratories CPRI & ERDA. More than 10,000 per year distribution transformers are working satisfactorily in many utilities.

Having been successful in operating a manufacturing and repair unit, KRYFS has opened its third factory in Vadodara, specializing in cutting cores for distribution transformers.

With quarter on quarter growth for over the years, in the year 2012, Toyota Tsusho Corporation (TTC), Japan, a $80 Billion subsidiary of Toyota Motors, acquired a strategic stake in KRYFS, which was subsequently increased to 20% in 2013.
KRYFS has a technical collaboration with Slingmax Inc, U.S.A. for manufacturing special twin path slings, webbing and round slings, under the brand name of Slingset.
Our 7H Values

Always Putting Values Above Business

Honesty
Honesty, with self and others. Honesty can neither be taught nor bought. It is inborn or has to be worked on by oneself. As a Company, we will be honest with all stakeholders and build a relationship built on Honesty and Trust with them.
Humility

Humility in dealing with all people, including customers, suppliers, family, friends, colleagues, juniors, superiors and everyone we come in contact with in our lives. The value of humility in our life should never be underestimated. Remember, whatever we have done or achieved, is not only due to our hard work, but because God has chosen us to be the lucky ones and showered us with his blessings. Humility also means being courteous and polite in our conversations with all people within and outside the Company and never “showing off” our achievements, always acknowledging the Almighty for blessing us with what we have.

Hard Work
There is no substitute for good old hard work. The most intelligent of men have not achieved their full potential or failed because they always looked for the short cut to success. To succeed in life, we have to give our sweat and blood and we should never look at any work as too low to be done by us. As a Company, we shall earn our profits through our Hard Work, Determination and Intelligence.
Human
Humanitarian Approach To Life, While we should not tolerate indiscipline or a lazy approach, we should always remember that all people working with us are human beings, just like us and have feelings, aspirations and therefore we should treat them humanely and with respect. Never disrespect another, because people are not the problem usually, but the process is. Blaming people for failure is not an option at KRYFS.
Helpful
Helpful Nature, We trust that the pleasure of helping others instigate a deep sense of satisfaction and fulfillment, which no other deed can.
Happy
Happy Outlook to Life, We promote a positive mindset for it brings positive synergy leading to happier outlook and belief. Larger in outlook, greater in spirit.
Hamesha Kaizen
We are constantly creating a better version of ourselves and are ‘Always Improving’. To achieve anything of any significance, we must aim for improving our self in every sphere. The philosophy of continuous improvement influences everything we do.
Honesty
Honesty, with self and others. Honesty can neither be taught nor bought. It is inborn or has to be worked on by oneself. As a Company, we will be honest with all stakeholders and build a relationship built on Honesty and Trust with them.
Humility

Humility in dealing with all people, including customers, suppliers, family, friends, colleagues, juniors, superiors and everyone we come in contact with in our lives. The value of humility in our life should never be underestimated. Remember, whatever we have done or achieved, is not only due to our hard work, but because God has chosen us to be the lucky ones and showered us with his blessings. Humility also means being courteous and polite in our conversations with all people within and outside the Company and never “showing off” our achievements, always acknowledging the Almighty for blessing us with what we have.

Hard Work
There is no substitute for good old hard work. The most intelligent of men have not achieved their full potential or failed because they always looked for the short cut to success. To succeed in life, we have to give our sweat and blood and we should never look at any work as too low to be done by us. As a Company, we shall earn our profits through our Hard Work, Determination and Intelligence.
Human
Humanitarian Approach To Life, While we should not tolerate indiscipline or a lazy approach, we should always remember that all people working with us are human beings, just like us and have feelings, aspirations and therefore we should treat them humanely and with respect. Never disrespect another, because people are not the problem usually, but the process is. Blaming people for failure is not an option at KRYFS.
Helpful
Helpful Nature, We trust that the pleasure of helping others instigate a deep sense of satisfaction and fulfillment, which no other deed can.
Happy
Happy Outlook to Life, We promote a positive mindset for it brings positive synergy leading to happier outlook and belief. Larger in outlook, greater in spirit.
Hamesha Kaizen
We are constantly creating a better version of ourselves and are ‘Always Improving’. To achieve anything of any significance, we must aim for improving our self in every sphere. The philosophy of continuous improvement influences everything we do.
Vision

Vision

Our vision is to positively contribute to the growth and development of all our stakeholders which includes society, employees, customers, suppliers, and shareholders, by operating businesses that are profitable, sustainable, and environmentally friendly.

CEO SPEAKS

CEO SPEAKS

Saif F Qureishi

Chief Executive Officer and Managing Director

The world we live in is becoming more Volatile, Uncertain, Complex, and Ambiguous (VUCA) and we are in a completely different business environment today then we were when KRYFS commenced business in December 1992.

In December 2017, we complete 25 years of existence. Along the way, we have managed to touch millions of lives, by providing transformer cores to some of the biggest transformers built in India, which have provided power to India’s power grid. We have therefore impacted the lives of thousands of farmers and villagers, built transmission lines and substations in rural areas which enable people to experience the electricity for the first time and producing lacs of kW hours of solar energy, thereby saving thousands of tons of carbon dioxide polluting our environment and leaving a greener planet.

We are serving society and participating in the making of “New India” that will be a developed country for our future generations to live in.

Our Team
Saif Qureishi

Saif Qureishi

CEO & MD

The Passionate and Young @ Heart CEO of KRYFS Group of Companies. Loves to take challenges and believes in consistently learning new things always.

Hasan Iqbal

Hasan Iqbal

Chief Operating Officer

Known for his focus and amazing determination in the industry. Played a vital role in building today’s KRYFS through his rich experience in Business 2 Business operations.
Ilyas Gadriwala

Ilyas Gadriwala

Chief Financial Officer

The most adorable leader in KRYFS Group. He has been instrumental in various successful structuring initiatives and acquisitions for the organization.
Vijay Kumar Dubey

Vijay Kumar Dubey

GM - Operations

An inspirational journey to many KRYFSians. he joined as a security guard and today leads the operations of the organization’s core business.

Mohan Trivedi

Mohan Trivedi

Head Manufacturing

He played a key role in setting up the entire Silvassa unit. Now in his new role, he plays big in the development of fabrication facility for transformer tank and manufacturing.
Kuldip Kaul

Kuldip Kaul

SBU Head EPC

Alumni of IIT Delhi with M.Tech in Energy Studies & Environmental Management. He has done his PGDMA from LBSIM Delhi. Mr. Kaul has more than 24 years of experience in Power Sector in the domain of Transmission & Distribution, Renewable Energy & Utility.

Tamim Sultan

Tamim Sultan

GM - Business Development

The jolliest leader! Mr. Sultan comes in with rich experience in Sales and Purchase. He plays a crucial in building the transformer business unit in Kherdi and leading the Business Development for all products of KRYFS.

Dilip Barnwal

Dilip Barnwal

Asst. GM - Operations

The trendsetter of Rising Young Leader in KRYFS. He started in this organisation as an auditor. Today he is responsible for building the transformer business in the western part of India
Vineet Mishra

Vineet Mishra

Head New Business & Tech

The smart and youngest leader! Mr. Mishra, an MBA from IIM Bangalore. He plays a crucial role in designing and deploying new products, services, business models, and innovation in business.

Alosh Kumar

Alosh Kumar

Assitant GM - IT

The Muscular leader! Mr. Kumar leads the center of excellence function in KRYFS. He has been instrumental in creating and building the framework for the center of excellence to leverage people, processes, systems, and infrastructure to maximum automation and support business results.

Quality Control

The continued success of KRYFS is accredited to our ability to constantly improving our range of products and services while safeguarding our people and the environment in which they work and live. It is a commitment which is in the best interests of our customers, our employees and our stockholders.

Due to cut-throat competition in the industry it has become a common practice to compromise on quality to fight the price war, but at KRYFS, quality is a core, non-negotiable process. In adherence to laws in many countries, periodic factory inspection by certifying agencies is mandatory for CRGO Cores.

KRYFS QC inspection starts with checking of raw materials for compliance with all specifications and our products are inspected at all stages – from production to delivery. Our in-house NABL lab ensures that each CRGO coil coming in to the KRYFS premises is tested for allowed losses. Our stringent processes ensure that high quality standards are reflected in the project results. We follow – ISO-9001: 2008; ISO – 14001: 2004; OHSAS – 18001 diligently. Our management system not only works to predict problems but proactively prevent them from happening. We are the trusted and authorized lamination cutting facility for 4 Lamination manufacturers around the world (AK Steel – USA, Bao Steel – China, JFE – Japan and Tata Steel).

ACCREDITATIONS & ASSOCIATIONS

Our stringent quality checks for improving efficiency and product & process innovation includes performing quality-related tests as mentioned.

  • Specific Core loss at various flux densities by Epstein and SST method
  • Permeability at B800 and B100
  • Insulation resistivity
  • Stacking factor test
  • Bending test

Single Sheet Testing

Franklin Testing

Torrodial Core Testing

MORA Scale

Infrastructure

Kherdi Manufacturing Facility

Our Kherdi manufacturing facility has a processing capacity of 35,000 MTPA, spread across an area of 1,80,000 sqft.

  • Seven fully automated CNC GEORG TBA-1000 (3Nos), TBA 600, TBA 300 (2 Nos.) LAE 250
  • Two Slitting Lines–GEORG (1200 mm) & SDRI (1000 mm)
  • Automated Slot making machines
  • Magnetic Steel Testing laboratory with Frankin, Epstein, SST Ring core Tester and other critical tests
  • Ten EOT Cranes 10MT (1) & 5 MT (7) & 3MT (1)
  • Pit Type Inert Gas Annealing Furnace
  • Weighbridge Scales, MORA make Optical Scale
  • Torroidal Core Winding Machines – LARA, AEM UNICORE machines
  • ALTEL make CT Testing Machine & YOKOGAWA make Power Analyzers
  • Core Testing Room & Core assembly stabilizer machines

Palghar Manufacturing Facility

Our Palghar manufacturing facility has a processing capacity of 15,000 MTPA, spread across an area of 60,000 sqft.

  • Three CNC SDRI make Cut to Length lines – 400mm (2) and 600mm (1)
  • SDRI (1000mm) slitting machines
  • Continuous 3 zone roller hearth Annealing Furnaces
  • 5 MT EOT, 5 MT EOT and 3 MT EOT cranes
  • Soken (Japanese) Core loss testers
  • Power Presses /Shearing Machines
  • Measuring Instruments & Standards Room
  • Total shed area covered 40,000 sqft

Savli Manufacturing Facility

Our Savli manufacturing unit has a processing capacity of 600 MTPA, spread across an area of 18,000 sqft.

  • Five Manual Shearing Machines 25 inches
  • Six Manual Shearing Machines 24 inches
  • One Manual Shearing Machine 37 inches
  • Two Manual Shearing Machines 51 inches
  • One Manual Shearing Machine 61 inches
  • Two Power Press ‘V notch’ (Manual) – 5 Tons Capacity
  • One Power Shearing (Manual) – SANDEEP (1 Tonne)
  • One Deburring Machine (Edge Finish) – 19 inches
  • One Deburring Machine (Edge Finish) – 23 inches

Awards & Recognitions

2011-12 | EEPC National Export Excellence – Star Performer 

2010-11 | EEPC Regional Star Performer for outstanding contribution to Engineering Exports

2007-08 | EEPC National Export Excellence – Star Performer for Outstanding Contribution to Engineering Exports

2006-07 | EEPC All India Export Excellence – Special Contribution for being Highest Exporter to Thrust Markets

2005-06 | EEPC All India Export Excellence – Star Performer

2004-05 | EEPC Western Region Export Excellence – Star Performer

2019-20 | Excellence Award by Citi Bank

2014-15 | India’s Small Giants by NDTV Profit

2014-15 | India SME 100 Awards by Bank of India

2012-13 | EEPC All India Export Excellence – Star Performer

2012-13 | Inc. India Innovative 100 Award

2012-13 | Innovation Winner, ASSOCHAM – ICAI SMEs Excellence Award

2011-12 | India SME 100 Awards – celebrating achievers of 2012

Milestones

Milestones from 1992 to 2020

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Our Other Business

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About KRYFS

KRYFS is India’s leading Transformer Core manufacturing company with a capacity to convert 50,000 MT per annum of CRGO Electrical Steel into transformer laminations and cores. Today, KRYFS services the entire value chain of energy supply from generation (of Solar Power), Transmission (through its EPC business) to distribution (through manufacture of transformers, cores, and fabrication) and employs over 750 people, all over India. KRYFS has nine manufacturing facilities for manufacturing of distribution and medium power transformers up to 10 MVA, 33 KV class, laminations, transformer cores, transformer tanks and lifting slings. Three units are located at Kherdi, in the Union Territory of Dadra and Nagar Haveli, one unit at Palghar, Maharashtra , three units in Vadodara and one in Bhopal.

 

About KRYFS

KRYFS is India’s leading Transformer Core manufacturing company with a capacity to convert 50,000 MT per annum of CRGO Electrical Steel into transformer laminations and cores.

Today, KRYFS services the entire value chain of energy supply from generation (of Solar Power), Transmission (through its EPC business) to distribution (through the manufacture of transformers, cores, and fabrication) and employs over 750 people, all over India.

KRYFS has nine manufacturing facilities for manufacturing of distribution and medium power transformers up to 10 MVA, 33 KV class, laminations, transformer cores, transformer tanks, and lifting slings. Four units are located at Kherdi, Union Territory of Dadra and Nagar Haveli, one unit at Palghar, Maharashtra, three units in Savli, Gujarat, and one in Bhopal, Madhya Pradesh.

We got 25 Years old in 2017.

About KRYFS

KRYFS is India’s leading Transformer Core manufacturing company with a capacity to convert 50,000 MT per annum of CRGO Electrical Steel into transformer laminations and cores.

Today, KRYFS services the entire value chain of energy supply from generation (of Solar Power), Transmission (through its EPC business) to distribution (through the manufacture of transformers, cores, and fabrication) and employs over 750 people, all over India.

KRYFS has nine manufacturing facilities for manufacturing of distribution and medium power transformers up to 10 MVA, 33 KV class, laminations, transformer cores, transformer tanks, and lifting slings. Four units are located at Kherdi, Union Territory of Dadra and Nagar Haveli, one unit at Palghar, Maharashtra, three units in Savli, Gujarat, and one in Bhopal, Madhya Pradesh.

We got 25 Years old in 2017.

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