About - KRYFS

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.