MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0111364
K2 Metals Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹89.4 Cr
▼ 1% YoY
Net profit · FY 2023
₹28.96 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹5.58 Cr
EBITDA margin 6.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.98 Cr
Issued & subscribed
Open charges
₹44.57 Cr
Satisfied ₹2.89 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About K2 Metals Private Limited
Data last updated:
K2 Metals Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 08 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH2009PTC192260. Its GSTIN is 27AADCK6647D1ZI (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors Megha Rahul Kulkarni and Rahul Sudhakar Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No 203 2nd Floor Bidg. No. 1C Siddhachal Off. Pokhran Road No. 2 Majiwada Thane, (West), Maharashtra, India – 400606.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.4 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹28.96 Lakh (net margin 0.3%) and EBITDA of ₹5.58 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹44.57 Cr and satisfied charges of ₹2.89 Cr on record. Court records list 24 cases involving the company, including 7 filed by the company and 17 filed against it; 17 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.05 Cr; the latest was in March 2018. Its 3 peer companies in the Manufacturing industry (Cables and Wires, Metals), with the same principal business activity (metal and metal products) are compared by revenue, 3 smaller; the largest is Bansal Wires Private Limited with revenue of ₹89.31 Cr.
K2 Metals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0111364). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website k2-metals.com.
Company details
CIN U27109MH2009PTC192260
Registration Number 192260
Incorporation Date 08 May 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0111364
Recognitions & Rankings of K2 Metals
Contact details
K2 Metals Private Limited's registered office is in Thane, Maharashtra. Its website is k2-metals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No 203 2nd Floor Bidg. No. 1C Siddhachal Off. Pokhran Road No. 2 Majiwada Thane, (West), Maharashtra, India – 400606
- IndustryManufacturing, Cable & Wire
To see the full contact details of K2 Metals Private Limited, buy the company report.
Comprehensive company report
K2 Metals 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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Business activity
The main business activity of K2 Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of K2 Metals Private Limited, buy the company report.
Financials of K2 Metals Private Limited
FY 2023 filings availableK2 Metals Private Limited reported revenue of ₹89.4 Cr (down 1% YoY) for FY 2023.
Revenue · FY 2023
₹89.4 Cr ▼ 1%
Net profit · FY 2023
₹28.96 Lakh margin 0.3%
EBITDA · FY 2023
₹5.58 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 3%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 10%
5 years · compounded
▲ 9%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 14% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹89.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.96 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of K2 Metals Private Limited, buy the company report.
Board of directors of K2 Metals Private Limited
K2 Metals has 2 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 |
|---|---|---|---|---|
| Megha Rahul Kulkarni | Director | 08 May 2009 | 17 Years 5 Months | Current |
| Rahul Sudhakar Kulkarni | Director | 23 Dec 2010 | 15 Years 9 Months | Current |
Peer comparison
K2 Metals Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires, Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K2 Metals Private Limitedthis company | ₹89.4 Cr (FY 2023) | ₹28.96 Lakh | 0.3% | -1.0% | Thane, Maharashtra, India | |
| Bansal Wires Private Limited | ₹89.31 Cr (FY 2025) | 2.0% | Bhauti Pratappur, Uttar Pradesh, India | |||
| Sant Steel and Alloys Private Limited | ₹88.62 Cr (FY 2021) | 36.0% | Ghaziabad, Uttar Pradesh, India | |||
| Purvi Metals Private Limited | ₹88.61 Cr (FY 2017) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of K2 Metals Private Limited, buy the company report.
Auditor
K2 Metals Private Limited is audited by Hemant Mahajan & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemant Mahajan & Associates | FY 2023 | 117419W |
Shareholding
The shareholding of K2 Metals 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 Metals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.57 Cr
Satisfied charges
₹2.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2023 | 100711636 | Uco Bank | ₹1.7 Cr | Open | |
| 29 Apr 2015 | 10573151 | Uco Bank | ₹42.87 Cr | Open | |
| 31 Dec 2013 | 10469099 | Citibank N. A. | ₹2.89 Cr | Satisfied |
To see the full charge records of K2 Metals Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
K2 Metals Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.05 Cr; the latest was in March 2018.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹18.05 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹15.06 Cr | Investors: E-Build Materials (I) Private Limited, 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹2.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
K2 Metals Private Limited has 24 court cases on record: 7 filed by K2 Metals, 17 filed against it. 17 cases are pending and 7 are disposed.
Total cases
24
Filed by the company
7
Filed against the company
17
Pending
17
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 17 | 16 |
| High courts | 2 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Power2sme Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Amos Universal Trading Pvt Ltd Through Nilesh R. Sonawane | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Idfc First Bank Limited Through Pranita Sawant | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Uco Bank Ltd. | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Power 2Sme Private Limited | Pending |
To see the full case history of K2 Metals 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.
Credit ratings & regulatory alerts
K2 Metals Private Limited was last rated by Icra on 08 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 08 Sep 2021 |
To see the full credit ratings and regulatory alerts of K2 Metals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for K2 Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
K2 Metals has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ksa Steel and Solutions Private Limited | U27310MH2012PTC228662 |
To see the full group structure of K2 Metals Private Limited, buy the company report.
Employees & EPFO
K2 Metals Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
K2 Metals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK6647D1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of K2 Metals Private Limited, buy the company report.
Recent activity
K2 Metals Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Vibha Kumar ceased to be Director on 18 Jan 2011.
AGM
K2 Metals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
K2 Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Uco Bank of Rs. 42.87 Cr registered on 29 Apr 2015 with Charge ID 10573151 was modified on 10 Mar 2023.
Charges
A charge with Uco Bank amounted to Rs. 1.70 Cr with Charge ID 100711636 was registered on 01 Mar 2023.
Charges
A charge registered on 31 Dec 2013 via Charge ID 10469099 with Citibank N. A. was fully satisfied on 22 Dec 2022.
Charges
A charge with Uco Bank amounted to Rs. 42.87 Cr with Charge ID 10573151 was registered on 29 Apr 2015.
Charges
A charge with Citibank N. A. amounted to Rs. 2.89 Cr with Charge ID 10469099 was registered on 31 Dec 2013.
Ceased
Vibha Kumar ceased to be Director.
Appointed
Rahul Sudhakar Kulkarni was appointed as Director.
Appointed
Megha Rahul Kulkarni was appointed as Director.
Incorporation
08 May 2009
K2 Metals Private Limited was registered on 08 May 2009 with Roc Mumbai & aged 17 years 5 months as per MCA records.
Frequently asked questions
K2 Metals is an active private limited company based in Thane, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 08 May 2009 (17+ years old) and is registered under CIN U27109MH2009PTC192260.
K2 Metals has 2 current directors:
- Megha Rahul Kulkarni - Director
- Rahul Sudhakar Kulkarni - Director
The latest financial statements of K2 Metals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of K2 Metals is 27AADCK6647D1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of K2 Metals is U27109MH2009PTC192260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K2 Metals has 24 court cases on record: 7 filed by the company and 17 filed against it. 17 are pending. Most are in the district courts.
K2 Metals was incorporated on 08 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
K2 Metals has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.05 Cr; the latest was in March 2018.
The peers of K2 Metals by revenue are Bansal Wires Private Limited, Sant Steel and Alloys Private Limited, Purvi Metals Private Limited, all in the Manufacturing industry (Cables and Wires, Metals), with the same principal business activity (metal and metal products).
Vibha Kumar ceased to be Director on 18 Jan 2011. Rahul Sudhakar Kulkarni was appointed as Director on 23 Dec 2010. Megha Rahul Kulkarni was appointed as Director on 08 May 2009.
Yes, K2 Metals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0111364).