About K I C Resources Ltd
Data last updated:
K I C Resources Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1991PLC053497. Its GSTIN is 19AABCK1521G1ZW (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹74.82 Lakh. It is led by directors including Vinod Kundalia and Pukhraj Baid.
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 35/1A Garcha Road, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.96 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹1.86 Cr (net margin -46.9%) and EBITDA of ₹1.04 Cr (EBITDA margin 26.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 36% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kicgroup.in.
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- Website
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- Registered Address35/1A Garcha Road, Kolkata, West Bengal, India – 700019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
CIN History of K I C Resources Ltd
K I C Resources has one previous CIN (Corporate Identification Number): U99999WB1991PLC053497. The current CIN is U70109WB1991PLC053497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109WB1991PLC053497 | Current |
| U99999WB1991PLC053497 | Previous |
Business Activity of K I C Resources Ltd
The main business activity of K I C Resources is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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.
Auditor Details of K I C Resources Ltd
K I C Resources Ltd is audited by SETHIA & SETHIA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SETHIA & SETHIA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of K I C Resources Ltd
K I C Resources has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kundalia Also directs: J V S Exports Pvt Ltd., Feel Well Properties Private Limited | Director | 06 Dec 1991 | 34 Years 9 Months | Current |
| Pukhraj Baid | Director | 06 Dec 1991 | 34 Years 9 Months | Current |
| Vivek Kundalia Also directs: J V S Exports Pvt Ltd., S C Sons Pvt Ltd | Director | 15 Jan 2009 | 17 Years 8 Months | Current |
Financials of K I C Resources Ltd FY 2025 filings available
K I C Resources Ltd reported revenue of ₹3.96 Cr (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of K I C Resources Ltd
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 62% fall in the latest year. EBITDA rose 15% 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 K I C Resources Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.86 Cr | •••• | •••• | •••• | •••• |
| 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 K I C Resources Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.9% | •••• | •••• | •••• | •••• |
| 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 K I C Resources are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of K I C Resources Ltd
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 K I C Resources Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Others | ₹50 Lakh | Open |
| 06 Feb 2023 | Hdfc Bank Limited | ₹75 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at K I C Resources Ltd
K I C Resources Ltd has a workforce of 7 employees as of Apr 05, 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.
GST Compliance of K I C Resources Ltd
K I C Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCK1521G1ZW | West Bengal | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for K I C Resources Ltd
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 K I C Resources Ltd
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 K I C Resources Ltd
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.
MCA Filings & Documents of K I C Resources Ltd
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.
Recent Activity on K I C Resources Ltd
Frequently Asked Questions about K I C Resources Ltd
K I C Resources is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 November 1991 (35+ years old) and is registered under CIN U70109WB1991PLC053497.
K I C Resources reported revenue of ₹3.96 Cr for FY 2024 (down 62% YoY).
K I C Resources has 3 current directors:
- Vinod Kundalia - Director
- Pukhraj Baid - Director
- Vivek Kundalia - Director
K I C Resources reported a net loss of ₹1.86 Cr (net margin -46.9%) and EBITDA of ₹1.04 Cr (EBITDA margin 26.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of K I C Resources is -24% over three years and -36% over five years. In the latest year (FY 2024) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of K I C Resources is 19AABCK1521G1ZW, registered in West Bengal.
The CIN (Corporate Identification Number) of K I C Resources is U70109WB1991PLC053497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K I C Resources was incorporated on 06 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
K I C Resources can be reached through the website kicgroup.in. Its registered office is in Kolkata, West Bengal, India.