Kartiki IT Solution Private Limited
About Kartiki IT Solution Private Limited
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Kartiki IT Solution Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 20 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC291428. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kundan Mahadev Jagdale and Jyoti Kundan Jagdale.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B – 11 Gulmohar Society Near Dns Bank Badalapur, Thane, Maharashtra, India – 421503.
As per the financials filed for FY 2020, the company reported a revenue of ₹48.26 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹64,400 (net margin 1.3%) and EBITDA of ₹2.21 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 282% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressB – 11 Gulmohar Society Near Dns Bank Badalapur, Thane, Maharashtra, India – 421503
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Kartiki IT Solution Private Limited
The main business activity of Kartiki IT Solution is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kartiki IT Solution Private Limited FY 2020 filings available
Kartiki IT Solution Private Limited reported revenue of ₹48.26 Lakh (up 81% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Kartiki IT Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 282% over three years, including 81% growth in the latest year. EBITDA rose 33% 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 of Kartiki IT Solution Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹48.26 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.21 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64,400 | •••• | •••• | •••• |
| 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 of Kartiki IT Solution Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kartiki IT Solution are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kartiki IT Solution Private Limited
Kartiki IT Solution Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Zero Games Private Limited | ₹48.45 Lakh (FY 2019) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| Blue Wings Technologies Private Limited | ₹48.4 Lakh (FY 2025) | •••• | •••• | 1576322.0% | •••• | Shimla, Himachal Pradesh, India |
| Sarva Suvidhaen Private Limited | ₹48.36 Lakh (FY 2025) | •••• | •••• | 1224.0% | •••• | Punpun, Bihar, India |
| Crystal Information Technology Private Limited | ₹48.35 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Thane, Maharashtra, India |
| Unlimiteye Solutions Private Limited | ₹48.26 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Banaglore, Karnataka, India |
| Kartiki IT Solution Private Limited this company | ₹48.26 Lakh (FY 2020) | •••• | •••• | 81.0% | •••• | Thane, Maharashtra, India |
| Data Infinity Intelligence Private Limited | ₹48.25 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Fastlegal Technologies Private Limited | ₹48.23 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Jaipur, Rajasthan, India |
| Foxglove Technologies Private Limited | ₹48.18 Lakh (FY 2016) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Zexa Communication Private Limited | ₹48.17 Lakh (FY 2025) | •••• | •••• | 225.0% | •••• | Bhopal, Madhya Pradesh, India |
| Interitechnology Private Limited | ₹48.04 Lakh (FY 2018) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Kartiki IT Solution by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Kartiki IT Solution Private Limited
Kartiki IT Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kundan Mahadev Jagdale | Director | 20 Feb 2017 | 9 Years 7 Months | Current |
| Jyoti Kundan Jagdale | Director | 20 Feb 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Kartiki IT Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kartiki IT Solution Private Limited
Kartiki IT Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kartiki IT Solution Private Limited
Kartiki IT Solution Private Limited has a workforce of 12 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Kartiki IT Solution Private Limited
Kartiki IT Solution Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jyoti Kundan Jagdale was appointed as Director on 20 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Kartiki IT Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kartiki IT Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kartiki IT Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kartiki IT Solution Private Limited
Kartiki IT Solution has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kartiki IT Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kartiki IT Solution Private Limited
Kartiki IT Solution is an active private limited company based in Thane, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 20 February 2017 (9+ years old) and is registered under CIN U72900MH2017PTC291428.
Kartiki IT Solution reported revenue of ₹48.26 Lakh for FY 2020 (up 81% YoY).
Kartiki IT Solution has 2 current directors:
- Kundan Mahadev Jagdale - Director
- Jyoti Kundan Jagdale - Director
Kartiki IT Solution reported a net profit of ₹64,400 (net margin 1.3%) and EBITDA of ₹2.21 Lakh (EBITDA margin 4.6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kartiki IT Solution is 282% over three years. In the latest year (FY 2020) revenue rose 81%. CAGR is the steady yearly rate that links the first and the last year.
No. Kartiki IT Solution has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kartiki IT Solution is U72900MH2017PTC291428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kartiki IT Solution was incorporated on 20 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kartiki IT Solution by revenue are The Zero Games Private Limited, Blue Wings Technologies Private Limited, Sarva Suvidhaen Private Limited, Crystal Information Technology Private Limited, Unlimiteye Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Jyoti Kundan Jagdale was appointed as Director on 20 Feb 2017. Kundan Mahadev Jagdale was appointed as Director on 20 Feb 2017.
Yes, Kartiki IT Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).