MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0118143
K2 Ethnic Private Limited
K2 Ethnic Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.77 Cr
▼ 19% YoY
Net profit · FY 2024
₹2.02 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹6.83 Lakh
EBITDA margin 3.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About K2 Ethnic Private Limited
Data last updated:
K2 Ethnic Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH2021PTC372578. Its GSTIN is 27AAJCK1907A1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors including Jigna Somdeep Dayal and Vatsal Somdeep Dayal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop 19rd No. 03 Guru Kurpa Bhuvan Singh Est Vakharwala Rd Kandivli E, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.77 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Lakh (net margin 1.1%) and EBITDA of ₹6.83 Lakh (EBITDA margin 3.9%).
K2 Ethnic Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0118143).
Company details
CIN U18109MH2021PTC372578
Registration Number 372578
Incorporation Date 01 December 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0118143
Key People
Jigna Somdeep Dayal Director Vatsal Somdeep Dayal Director Somdeep Srikant Dayal Director Recognitions & Rankings of K2 Ethnic
Contact details
K2 Ethnic Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop 19rd No. 03 Guru Kurpa Bhuvan Singh Est Vakharwala Rd Kandivli E, Mumbai, Maharashtra, India – 400101
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of K2 Ethnic Private Limited, buy the company report.
Comprehensive company report
K2 Ethnic Private 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 K2 Ethnic is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of K2 Ethnic Private Limited, buy the company report.
Financials of K2 Ethnic Private Limited
FY 2025 filings availableK2 Ethnic Private Limited reported revenue of ₹1.77 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹1.77 Cr ▼ 19%
Net profit · FY 2024
₹2.02 Lakh margin 1.1%
EBITDA · FY 2024
₹6.83 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
1 year
▼ 6%
Revenue fell 19% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.83 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.02 Lakh | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.9% | ||
| Net Profit Margin | 1.1% | ||
| 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 K2 Ethnic Private Limited, buy the company report.
Board of directors of K2 Ethnic Private Limited
K2 Ethnic has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigna Somdeep Dayal | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Vatsal Somdeep Dayal | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
| Somdeep Srikant Dayal | Director | 01 Dec 2021 | 4 Years 11 Months | Current |
Peer comparison
K2 Ethnic Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Oasis Weaving Mills Private Limited | ₹1.77 Cr (FY 2023) | 29.0% | Umbergaon, Gujarat, India | |||
| Lunasleep Products Private Limited | ₹1.77 Cr (FY 2025) | -73.0% | Vasai, Maharashtra, India | |||
| A.S. Fashions Private Limited. | ₹1.77 Cr (FY 2024) | 2320.0% | New Delhi, Delhi, India | |||
| K2 Ethnic Private Limitedthis company | ₹1.77 Cr (FY 2024) | ₹2.02 Lakh | 1.1% | -19.0% | Mumbai, Maharashtra, India | |
| Aadya Fashions Private Limited | ₹1.77 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Sodhi Textiles and Home Furnishings Private Limited | ₹1.77 Cr (FY 2025) | -5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of K2 Ethnic Private Limited, buy the company report.
Auditor
K2 Ethnic Private Limited is audited by NITIN SHINDE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN SHINDE & ASSOCIATES | FY 2023 | 189109 |
Shareholding
The shareholding of K2 Ethnic Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of K2 Ethnic Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving K2 Ethnic Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for K2 Ethnic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
K2 Ethnic Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
K2 Ethnic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCK1907A1ZX | Maharashtra | Active | 04 Dec 2021 |
To see the full GST registrations and return filing status of K2 Ethnic Private Limited, buy the company report.
Recent activity
K2 Ethnic Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Jigna Somdeep Dayal was appointed as Director on 01 Dec 2021.
AGM
K2 Ethnic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
K2 Ethnic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Jigna Somdeep Dayal was appointed as Director.
Appointed
Somdeep Srikant Dayal was appointed as Director.
Appointed
Vatsal Somdeep Dayal was appointed as Director.
Incorporation
01 Dec 2021
K2 Ethnic Private Limited was registered on 01 Dec 2021 with Roc Mumbai I & aged 4 years 11 months as per MCA records.
Frequently asked questions
K2 Ethnic is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 December 2021 (5+ years old) and is registered under CIN U18109MH2021PTC372578.
K2 Ethnic has 3 current directors:
- Jigna Somdeep Dayal - Director
- Vatsal Somdeep Dayal - Director
- Somdeep Srikant Dayal - Director
The latest financial statements of K2 Ethnic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of K2 Ethnic is 27AAJCK1907A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of K2 Ethnic is U18109MH2021PTC372578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K2 Ethnic was incorporated on 01 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of K2 Ethnic by revenue are Oasis Weaving Mills Private Limited, Lunasleep Products Private Limited, A.S. Fashions Private Limited, Aadya Fashions Private Limited, Sodhi Textiles and Home Furnishings Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jigna Somdeep Dayal was appointed as Director on 01 Dec 2021. Somdeep Srikant Dayal was appointed as Director on 01 Dec 2021. Vatsal Somdeep Dayal was appointed as Director on 01 Dec 2021.
Yes, K2 Ethnic is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0118143).
The registered office of K2 Ethnic is at Shop 19rd No. 03 Guru Kurpa Bhuvan Singh Est Vakharwala Rd Kandivli E, Mumbai, Maharashtra, India – 400101.
K2 Ethnic operates in the manufacturing industry, in the textile and fabric production segment.
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