Kaer Air LLP
About Kaer Air LLP
Data last updated:
Kaer Air LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 04 January 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAI-1775. Its GSTIN is 27AARFK3968L1ZF (Maharashtra).
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Sunil Kanwar Chand Khandelwal and Balram Papanna Kondalkar.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 17th Floor Nirmal Building Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹4.48 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹49.78 Lakh (net margin 11.1%) and EBITDA of ₹5.52 Cr (EBITDA margin 123.4%). Revenue has grown at a compounded annual rate (CAGR) of 241% over three years.
The LLP is associated with 1 brand: Kaer. As per MCA filings, the LLP has open charges of ₹12.07 Cr and satisfied charges of ₹8 Cr on record.
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- Registered Address17th Floor Nirmal Building Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- 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
Competitors & Alternatives of Kaer Air LLP
Brands and companies operating in the same space as Kaer Air LLP include Petro, OneSource Water, Haws and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Petro | Local home heating oil and home comfort services are provided. | 1996 | |
 OneSource Water | Point-of-use water dispensers are manufactured and supplied by OneSource Water. | Indianapolis, United States | 2005 |
 Haws | Hydration and emergency response equipment is manufactured by Haws. | Sparks, United States | 1906 |
 Ambient | HVAC services including installation and maintenance are provided. | Berkeley Heights, United States | 1986 |
 Climaveneta | Offers comprehensive air conditioning services for efficient climate control solutions. | 1971 | |
| Bliss Inns | Accommodation services are provided by Bliss Inns in India. | Noida, India | 2011 |
Auditor Details of Kaer Air LLP
Kaer Air LLP is audited by WALKER CHANDIOK & CO LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WALKER CHANDIOK & CO LLP | 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.
Designated Partners of Kaer Air LLP
Kaer Air has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kanwar Chand Khandelwal Also directs: Nexstep Activity LLP, Zenox Facility Services LLP, Elpro International Limited and 3 more | Designated Partner | 02 Feb 2024 | 2 Years 8 Months | Current |
| Balram Papanna Kondalkar Also directs: Ecole Management Private Limited | Designated Partner | 04 Jan 2017 | 9 Years 9 Months | Current |
Financials of Kaer Air LLP FY 2025 filings available
Kaer Air LLP reported revenue of ₹4.48 Cr (up 16% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Kaer Air LLP
Revenue has grown at a compounded annual rate (CAGR) of 241% over three years, including 16% growth in the latest year. EBITDA rose 25% 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 Kaer Air LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹4.48 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹49.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kaer Air LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 11.1% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Kaer Air are in the company report.
Financial statements from FY 2017
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 Kaer Air LLP
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 Kaer Air LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2024 | Hdfc Bank Limited | ₹12.07 Cr | Open |
| 11 Apr 2023 | Kotak Mahindra Bank Limited | ₹2 Cr | Satisfied |
| 15 Apr 2021 | Kotak Mahindra Bank Limited | ₹1 Cr | Satisfied |
| 30 Jan 2020 | Kotak Mahindra Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Kaer Air LLP
Employment history and EPFO contributions of people linked to Kaer Air.
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 Kaer Air LLP
Kaer Air has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARFK3968L1ZF | Maharashtra | Active | 01 Aug 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 Kaer Air LLP
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 Kaer Air LLP
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 Kaer Air LLP
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 Kaer Air LLP
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 Kaer Air LLP
Frequently Asked Questions about Kaer Air LLP
Kaer Air is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 04 January 2017 (9+ years old) and is registered under LLPIN AAI-1775.
Kaer Air reported revenue of ₹4.48 Cr for FY 2021 (up 16% YoY).
Kaer Air has 2 current designated partners:
- Sunil Kanwar Chand Khandelwal - Designated Partner
- Balram Papanna Kondalkar - Designated Partner
Kaer Air reported a net profit of ₹49.78 Lakh (net margin 11.1%) and EBITDA of ₹5.52 Cr (EBITDA margin 123.4%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kaer Air is 241% over three years. In the latest year (FY 2021) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kaer Air is 27AARFK3968L1ZF, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Kaer Air is AAI-1775. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Kaer Air was incorporated on 04 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Kaer Air is at 17th Floor Nirmal Building Nariman Point, Mumbai, Maharashtra, India – 400021.