MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0383870
Kx2 Development Private Limited - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.73 Cr
▼ 11% YoY
Net profit · FY 2025
₹30.81 Lakh
Net margin 11.3%
EBITDA · FY 2025
₹39.74 Lakh
EBITDA margin 14.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Kx2 Development Private Limited
Data last updated:
Kx2 Development Private Limited is a foreign private limited company based in Pune, Maharashtra, India. It operates in the engineering sector. It was incorporated on 11 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29100PN2020FTC193936. Its GSTIN is 27AAICK3019Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sagar Baburao Gadewar and Manish Ramnivas Somani.
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 Bl 29 Sr No 405 Sharad Soc Shivaji Nagar, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.73 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹30.81 Lakh (net margin 11.3%) and EBITDA of ₹39.74 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years.
The company is associated with 1 brand: Kx2Dev.
Kx2 Development Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0383870). For more details, the company can be reached via its website kx2dev.com.
Company details
CIN U29100PN2020FTC193936
Registration Number 193936
Incorporation Date 11 September 2020
ROC Pune
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-26-0383870
Key People
Sagar Baburao Gadewar Director Manish Ramnivas Somani Director Shrinivas Bhausaheb Hake Director Recognitions & Rankings of Kx2 Development
Contact details
Kx2 Development Private Limited's registered office is in Pune, Maharashtra. Its website is kx2dev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBl 29 Sr No 405 Sharad Soc Shivaji Nagar, Pune, Maharashtra, India – 411016
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Kx2 Development Private Limited, buy the company report.
Comprehensive company report
Kx2 Development 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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Brands
Kx2 Development operates one associated brand: Kx2Dev. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers process development, pilot plants, and commercial systems for industrial clients worldwide. | kx2dev.com |
Business activity
The main business activity of Kx2 Development is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Kx2 Development Private Limited, buy the company report.
Financials of Kx2 Development Private Limited
FY 2025 filings availableKx2 Development Private Limited reported revenue of ₹2.73 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹2.73 Cr ▼ 11%
Net profit · FY 2025
₹30.81 Lakh margin 11.3%
EBITDA · FY 2025
₹39.74 Lakh margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 164%
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 144%. EBITDA fell 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹39.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.81 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 11.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Kx2 Development Private Limited, buy the company report.
Board of directors of Kx2 Development Private Limited
Kx2 Development has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Baburao Gadewar Also directs: Greenyug Specialty Chemicals India Private Limited | Director | 16 Apr 2022 | 4 Years 6 Months | Current |
| Manish Ramnivas Somani Also directs: Baheti & Somani LLP, Bestside Private Limited, Valence Chemicals Private Limited and 2 more | Director | 11 Sep 2020 | 6 Years 1 Months | Current |
| Shrinivas Bhausaheb Hake | Director | 11 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Kx2 Development Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ionic Inmotion Engineering Private Limited | ₹2.74 Cr (FY 2023) | 724.0% | Gurugram, Haryana, India | |||
| Kx2 Development Private Limitedthis company | ₹2.73 Cr (FY 2025) | ₹30.81 Lakh | 11.3% | -11.0% | Pune, Maharashtra, India | |
| Deweg Engineering Private Limited | ₹2.72 Cr (FY 2024) | 89.0% | Chengalput, Tamil Nadu, India | |||
| Grafix Engineering Consultants Private Limited | ₹2.71 Cr (FY 2024) | -23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kx2 Development Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kx2 Development 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 Kx2 Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kx2 Development Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Kx2 Development has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICK3019Q1Z2 | Maharashtra | Active | 22 Sep 2021 |
To see the full GST registrations and return filing status of Kx2 Development Private Limited, buy the company report.
Recent activity
Kx2 Development Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Sagar Baburao Gadewar ceased to be Additional Director on 30 Sep 2022.
AGM
Kx2 Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kx2 Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sagar Baburao Gadewar ceased to be Additional Director.
Appointed
Sagar Baburao Gadewar was appointed as Director.
Appointed
Manish Ramnivas Somani was appointed as Director.
Appointed
Shrinivas Bhausaheb Hake was appointed as Director.
Incorporation
11 Sep 2020
Kx2 Development Private Limited was registered on 11 Sep 2020 with Roc Pune & aged 6 years 1 month as per MCA records.
Frequently asked questions
Kx2 Development is an active foreign private limited company based in Pune, Maharashtra, India. The company works in the engineering industry. It was incorporated on 11 September 2020 (6+ years old) and is registered under CIN U29100PN2020FTC193936.
Kx2 Development has 3 current directors:
- Sagar Baburao Gadewar - Director
- Manish Ramnivas Somani - Director
- Shrinivas Bhausaheb Hake - Director
The latest financial statements of Kx2 Development 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 2021 are in the company report.
The GSTIN of Kx2 Development is 27AAICK3019Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kx2 Development is U29100PN2020FTC193936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kx2 Development was incorporated on 11 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kx2 Development by revenue are Ionic Inmotion Engineering Private Limited, Deweg Engineering Private Limited, Grafix Engineering Consultants Private Limited, all in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Sagar Baburao Gadewar ceased to be Additional Director on 30 Sep 2022. Sagar Baburao Gadewar was appointed as Director on 16 Apr 2022. Manish Ramnivas Somani was appointed as Director on 11 Sep 2020. Kx2 Development has 4 board changes on record in total.
Yes, Kx2 Development is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0383870).
Kx2 Development can be reached through the website kx2dev.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Kx2 Development is at Bl 29 Sr No 405 Sharad Soc Shivaji Nagar, Pune, Maharashtra, India – 411016.
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