MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TN-02-0136048
K Net Solutions Private Limited - telecom in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.95 Cr
▼ 4% YoY
Net profit · FY 2024
₹8.77 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹3.25 Cr
EBITDA margin 9.6%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹5.69 Lakh
Issued & subscribed
Open charges
₹1.37 Cr
Satisfied ₹4.01 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
402
Provident fund records
About K Net Solutions Private Limited
Data last updated:
K Net Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of D.K.Enterprises Private Limited. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 08 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2015PTC100842. Its GSTIN is 33AAFCK8428C1ZQ (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹5.69 Lakh. It is led by directors including Dayanidhi Maran and Mohammed Israth.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.95 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.77 Lakh (net margin 0.3%) and EBITDA of ₹3.25 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 402 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cherrinet. As per MCA filings, the company has open charges of ₹1.37 Cr and satisfied charges of ₹4.01 Cr on record. Court records list 37 cases involving the company, including 6 filed by the company and 31 filed against it; 13 cases are pending. The company has 3 deals on record (1 acquisition, 1 secondary share transfer, 1 rights issue); the latest was in March 2019. Its 4 peer companies in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities) are compared by revenue, 3 larger and 1 smaller; the largest is VP Broadband Private Limited with revenue of ₹37.07 Cr.
K Net Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0136048). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cherrinet.in.
Company details
CIN U74900TN2015PTC100842
Registration Number 100842
Incorporation Date 08 June 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company D.K.Enterprises Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0136048
Recognitions & Rankings of K Net Solutions
Contact details
K Net Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is cherrinet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMura Towers, No.1 Dr. Thirumurthy Nagar Main Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of K Net Solutions Private Limited, buy the company report.
Comprehensive company report
K Net Solutions 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
K Net Solutions operates one associated brand: Cherrinet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides high-speed FTTH internet services in Tamil Nadu cities. | cherrinet.in |
Business activity
The main business activity of K Net Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of K Net Solutions Private Limited, buy the company report.
Financials of K Net Solutions Private Limited
FY 2025 filings availableK Net Solutions Private Limited reported revenue of ₹33.95 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹33.95 Cr ▼ 4%
Net profit · FY 2024
₹8.77 Lakh margin 0.3%
EBITDA · FY 2024
₹3.25 Cr margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 3%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 16%
5 years · compounded
▼ 2%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of K Net Solutions Private Limited, buy the company report.
Board of directors of K Net Solutions Private Limited
K Net Solutions has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dayanidhi Maran Also directs: Maran Group Holdings Private Limited | Director | 02 Aug 2025 | 1 Years 3 Months | Current |
| Mohammed Israth Also directs: Maran Group Holdings Private Limited, Kkix Innovations Private Limited, Dika Facilities Management Private Limited and 2 more | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
| Karan Dayanidhi Maran Also directs: Maran Group Holdings Private Limited, Kkix Innovations Private Limited, Cha Wellness Private Limited and 2 more | Director | 02 Aug 2025 | 1 Years 3 Months | Current |
| Padmavathy Shanmugam Lukshmanen | Director | 23 Jun 2021 | 5 Years 4 Months | Current |
| Priya Dayanidhi Maran Also directs: Maran Group Holdings Private Limited | Director | 02 Aug 2025 | 1 Years 3 Months | Current |
| Divya Dayanidhi Maran Also directs: Maran Group Holdings Private Limited | Director | 02 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
K Net Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VP Broadband Private Limited | ₹37.07 Cr (FY 2024) | Chandigarh, India | ||||
| Cloudcast Digital Limited | ₹34.74 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Gazon Communications India Limited | ₹34.72 Cr (FY 2024) | 17.0% | Aurangabad, Maharashtra, India | |||
| K Net Solutions Private Limitedthis company | ₹33.95 Cr (FY 2024) | ₹8.77 Lakh | 0.3% | -4.0% | 402 | Chennai, Tamil Nadu, India |
| Ekinops Networks India Private Limited | ₹30.54 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of K Net Solutions Private Limited, buy the company report.
Auditor
K Net Solutions Private Limited is audited by ANNAMALI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANNAMALI ASSOCIATES | FY 2023 | 000185S |
Shareholding
The shareholding of K Net Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of K Net Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.37 Cr
Satisfied charges
₹4.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2023 | 100902567 | Axis Bank Limited | ₹85 Lakh | Open | |
| 31 Oct 2022 | 100629324 | Others | ₹95,000 | Open | |
| 31 May 2022 | 100582776 | Others | ₹93,000 | Open | |
| 18 May 2020 | 100340287 | Others | ₹50 Lakh | Open | |
| 30 Sep 2024 | 100993040 | Axis Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of K Net Solutions Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
K Net Solutions Private Limited has 3 deals on record (1 acquisition, 1 secondary share transfer, 1 rights issue); the latest was in March 2019.
Total deals
3
Acquisition
1
Secondary share transfer
1
Rights issue
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Acquisition | Undisclosed | Buyer: Maran Group Holdings Private Limited Seller: 2 individuals |
| Jul 2015 | Rights issue | ₹4 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
K Net Solutions Private Limited has 37 court cases on record: 6 filed by K Net Solutions, 31 filed against it. 13 cases are pending and 24 are disposed.
Total cases
37
Filed by the company
6
Filed against the company
31
Pending
13
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 29 | 13 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Ms Dawn Pictures Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Ms Dawn Pictures Private Limited | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Ms Dawn Pictures Private Limited | Disposed |
| Madras High Court | Original application | Filed against the company by Ms Dawn Pictures Private Limited | Disposed |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Ms Bobby Touch Gold Universal Private Limited | Disposed |
To see the full case history of K Net Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for K Net Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
K Net Solutions Private Limited has a workforce of 402 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
402
Active EPFO establishments
1
Employee growth
19.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 402 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of K Net Solutions Private Limited, buy the company report.
GST
K Net Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCK8428C1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 34AAFCK8428C2ZN | Puducherry | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of K Net Solutions Private Limited, buy the company report.
Recent activity
K Net Solutions Private Limited has 10 board changes on record since 2019: 6 appointments and 4 cessations. The latest: Dayanidhi Maran was appointed as Director on 02 Aug 2025.
AGM
K Net Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Sep 2024 via Charge ID 100993040 with Axis Bank Limited was fully satisfied on 17 Sep 2025.
Charges
A charge registered on 08 Feb 2018 via Charge ID 100165740 with City Union Bank Limited was fully satisfied on 03 Sep 2025.
Appointed
Dayanidhi Maran was appointed as Director.
Appointed
Divya Dayanidhi Maran was appointed as Director.
Appointed
Karan Dayanidhi Maran was appointed as Director.
Ceased
Natesan Muthuvelu ceased to be Director.
Appointed
Priya Dayanidhi Maran was appointed as Director.
Charges
A charge registered on 12 Apr 2023 via Charge ID 100734652 with Others was fully satisfied on 22 Apr 2025.
Filing
K Net Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with City Union Bank Limited of Rs. 3.00 Cr registered on 08 Feb 2018 with Charge ID 100165740 was modified on 03 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100993040 was registered on 30 Sep 2024.
12 earlier events are in the company report.
Frequently asked questions
K Net Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 08 June 2015 (11+ years old) and is registered under CIN U74900TN2015PTC100842.
K Net Solutions has 6 current directors:
- Dayanidhi Maran - Director
- Mohammed Israth - Director
- Karan Dayanidhi Maran - Director
- Padmavathy Shanmugam Lukshmanen - Director
- Priya Dayanidhi Maran - Director
- Divya Dayanidhi Maran - Director
The latest financial statements of K Net Solutions 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 2016 are in the company report.
The GSTIN of K Net Solutions is 33AAFCK8428C1ZQ, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 34AAFCK8428C2ZN (Puducherry).
The CIN (Corporate Identification Number) of K Net Solutions is U74900TN2015PTC100842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K Net Solutions has 37 court cases on record: 6 filed by the company and 31 filed against it. 13 are pending. Most are in the high courts.
K Net Solutions was incorporated on 08 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
K Net Solutions has 3 deals on record (1 acquisition, 1 secondary share transfer, 1 rights issue); the latest was in March 2019.
The peers of K Net Solutions by revenue are VP Broadband Private Limited, Cloudcast Digital Limited, Gazon Communications India Limited, Ekinops Networks India Private Limited, all in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities).
Dayanidhi Maran was appointed as Director on 02 Aug 2025. Divya Dayanidhi Maran was appointed as Director on 02 Aug 2025. Karan Dayanidhi Maran was appointed as Director on 02 Aug 2025. K Net Solutions has 10 board changes on record in total.
Yes, K Net Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0136048).
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