MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-08-0010307
K2 Cranes & Components Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹110.66 Cr
▲ 39% YoY
Net profit · FY 2024
₹43.97 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹4.16 Cr
EBITDA margin 3.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.81 Cr
Issued & subscribed
Open charges
₹35.76 Cr
Satisfied ₹9.6 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
188
Provident fund records
About K2 Cranes & Components Private Limited
Data last updated:
K2 Cranes & Components Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29150TN2008PTC067509. Its GSTIN is 33AADCK3625M1ZI (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.81 Cr. It is led by directors including Nandakumar Rajagopal (Whole-Time Director) and Narasimma Achari Arumugam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.14A Telugubhrahim Street Vellacherry, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2024, the company reported a revenue of ₹110.66 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹43.97 Lakh (net margin 0.4%) and EBITDA of ₹4.16 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 188 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: K2 Cranes. As per MCA filings, the company has open charges of ₹35.76 Cr and satisfied charges of ₹9.6 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
K2 Cranes & Components Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0010307). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website k2cranes.com.
Company details
CIN U29150TN2008PTC067509
Registration Number 067509
Incorporation Date 28 April 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-08-0010307
Key People
Nandakumar Rajagopal Whole-Time Director Narasimma Achari Arumugam Whole-Time Director Udayakumar Madhavan Director Recognitions & Rankings of K2 Cranes & Components
Contact details
K2 Cranes & Components Private Limited's registered office is in Chennai, Tamil Nadu. Its website is k2cranes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.14A Telugubhrahim Street Vellacherry, Chennai, Tamil Nadu, India – 600042
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of K2 Cranes & Components Private Limited, buy the company report.
Comprehensive company report
K2 Cranes & Components 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
K2 Cranes & Components operates one associated brand: K2 Cranes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Crane manufacturing and industrial lifting solutions in India. | k2cranes.com |
Business activity
The main business activity of K2 Cranes & Components is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of K2 Cranes & Components Private Limited, buy the company report.
Financials of K2 Cranes & Components Private Limited
FY 2024 filings availableK2 Cranes & Components Private Limited reported revenue of ₹110.66 Cr (up 39% YoY) for FY 2024.
Revenue · FY 2024
₹110.66 Cr ▲ 39%
Net profit · FY 2024
₹43.97 Lakh margin 0.4%
EBITDA · FY 2024
₹4.16 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 26%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 39% growth in the latest year. EBITDA rose 4% 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 | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 3.8% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of K2 Cranes & Components Private Limited, buy the company report.
Board of directors of K2 Cranes & Components Private Limited
K2 Cranes & Components has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandakumar Rajagopal Also directs: Karthigeya Moulds & Dies Private Limited, Karthigeya Drive and Components Private Limited, K Yida India Private Limited and 3 more | Whole-Time Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Narasimma Achari Arumugam | Whole-Time Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Udayakumar Madhavan Also directs: K2 Machine Tools Private Limited, Cranecare Private Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Mohammed Taher Ali Also directs: Cranecare Private Limited, Movintech Engineering LLP | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Chandranathan Raju Also directs: Cranecare Private Limited | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Amudha Udayakumar Also directs: Cranecare Private Limited | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
K2 Cranes & Components Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Escon Elevators Private Limited | ₹115.14 Cr (FY 2025) | 10.0% | Navi Mumbai, Maharashtra, India | |||
| K2 Cranes & Components Private Limitedthis company | ₹110.66 Cr (FY 2024) | ₹43.97 Lakh | 0.4% | 39.0% | 188 | Chennai, Tamil Nadu, India |
| Merit Technologies (India) Limited | ₹108.69 Cr (FY 2024) | 2.0% | Chennai, Tamil Nadu, India | |||
| Haarish Equipments Private Limited | ₹103.45 Cr (FY 2025) | 4.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of K2 Cranes & Components Private Limited, buy the company report.
Auditor
K2 Cranes & Components Private Limited is audited by DURAIRAJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURAIRAJ & ASSOCIATES | FY 2023 | 003379S |
Shareholding
The shareholding of K2 Cranes & Components Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of K2 Cranes & Components Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.76 Cr
Satisfied charges
₹9.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101080883 | Sidbi | ₹1.7 Cr | Open | |
| 19 Aug 2024 | 100974145 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 22 Sep 2023 | 100784037 | Others | ₹15.25 Cr | Open | |
| 17 Dec 2021 | 100511934 | Sidbi | ₹29.44 Lakh | Open | |
| 17 Dec 2021 | 100511935 | Sidbi | ₹60 Lakh | Open |
To see the full charge records of K2 Cranes & Components Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
K2 Cranes & Components Private Limited has 7 court cases on record: 3 filed by K2 Cranes & Components, 4 filed against it. All cases are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRL OP) | Filed against the company | Disposed |
| Madras High Court | Court case (CRL MP) | Filed against the company | Disposed |
| Madras High Court | Writ petition | Filed by the company against The Deputy Commissioner | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Deputy Commissioner | Disposed |
To see the full case history of K2 Cranes & Components 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 K2 Cranes & Components Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
K2 Cranes & Components Private Limited has a workforce of 188 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
188
Active EPFO establishments
1
Employee growth
23.68%
GST
K2 Cranes & Components has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCK3625M1ZI | Tamil Nadu | Active | 01 Jul 2017 |
| 24AADCK3625M1ZH | Gujarat | Active | 29 Apr 2023 |
To see the full GST registrations and return filing status of K2 Cranes & Components Private Limited, buy the company report.
Recent activity
K2 Cranes & Components Private Limited has 10 board changes on record since 2008: 8 appointments and 2 cessations. The latest: Subramanian Dhandapani ceased to be Whole-Time Director on 05 Sep 2024.
Charges
A charge with Sidbi amounted to Rs. 1.70 Cr with Charge ID 101080883 was registered on 29 Mar 2025.
AGM
K2 Cranes & Components Private Limited last Annual general meeting of members was held on 12 Dec 2024 as per latest MCA records.
Ceased
Subramanian Dhandapani ceased to be Whole-Time Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Cr with Charge ID 100974145 was registered on 19 Aug 2024.
Filing
K2 Cranes & Components Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Elango ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 0.39 Cr registered on 07 Apr 2017 with Charge ID 100112751 was modified on 07 Mar 2024.
Appointed
Amudha Udayakumar was appointed as Director.
Appointed
Chandranathan Raju was appointed as Director.
Appointed
Elango was appointed as Additional Director.
Appointed
Mohammed Taher Ali was appointed as Director.
Charges
A charge with Others amounted to Rs. 15.25 Cr with Charge ID 100784037 was registered on 22 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
K2 Cranes & Components is an active private limited company based in Chennai, Tamil Nadu, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 28 April 2008 (18+ years old) and is registered under CIN U29150TN2008PTC067509.
K2 Cranes & Components has 6 current directors:
- Nandakumar Rajagopal - Whole-Time Director
- Narasimma Achari Arumugam - Whole-Time Director
- Udayakumar Madhavan - Director
- Mohammed Taher Ali - Director
- Chandranathan Raju - Director
- Amudha Udayakumar - Director
The latest financial statements of K2 Cranes & Components on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of K2 Cranes & Components is 33AADCK3625M1ZI, 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 24AADCK3625M1ZH (Gujarat).
The CIN (Corporate Identification Number) of K2 Cranes & Components is U29150TN2008PTC067509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K2 Cranes & Components has 7 court cases on record: 3 filed by the company and 4 filed against it.
K2 Cranes & Components was incorporated on 28 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of K2 Cranes & Components by revenue are Escon Elevators Private Limited, Merit Technologies (India) Limited, Haarish Equipments Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Subramanian Dhandapani ceased to be Whole-Time Director on 05 Sep 2024. Elango ceased to be Additional Director on 20 Mar 2024. Amudha Udayakumar was appointed as Director on 18 Dec 2023. K2 Cranes & Components has 10 board changes on record in total.
Yes, K2 Cranes & Components is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-08-0010307).
K2 Cranes & Components can be reached through the website k2cranes.com. Its registered office is in Chennai, Tamil Nadu, India.