MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0018007
Kardex India Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.26 Cr
▼ 8% YoY
Net profit · FY 2025
₹6.04 Cr
Net margin 10.6%
EBITDA · FY 2025
₹8.24 Cr
EBITDA margin 14.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.61 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
28
Provident fund records
Directors on board
3
As per MCA filings
About Kardex India Private Limited
Data last updated:
Kardex India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kardex Holding Ag (Formerly Known As Kardex Ag). It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 20 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U90001KA2008PTC048350. Its GSTIN is 29AADCK5377L1ZW (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.61 Cr. It was formerly known as Kardex India Storage Solutions Private Limited. It is led by directors including Salil Kumar (Managing Director) and Balegara Krishnamurthy Aswathnarayan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Brigade Rubix No 604 6th Floor Hmt Watch Factory Road, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.26 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹6.04 Cr (net margin 10.6%) and EBITDA of ₹8.24 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 29% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kardex Group. Court records list 2 cases involving the company, including 2 filed against it.
Kardex India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0018007). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kardex.com.
Company details
CIN U90001KA2008PTC048350
Registration Number 048350
Incorporation Date 20 November 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kardex Holding Ag (Formerly Known As Kardex Ag)
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0018007
Key People
Salil Kumar Managing Director Balegara Krishnamurthy Aswathnarayan Whole-Time Director Beng Hong Lim Director Recognitions & Rankings of Kardex India
Contact details
Kardex India Private Limited's registered office is in Bangalore, Karnataka. Its website is kardex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBrigade Rubix No 604 6th Floor Hmt Watch Factory Road, Bangalore, Karnataka, India – 560022
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Kardex India Private Limited, buy the company report.
Comprehensive company report
Kardex India 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
Kardex India operates one associated brand: Kardex Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automated storage and material handling systems are developed and supplied. | kardex.com |
Business activity
The main business activity of Kardex India is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Kardex India Private Limited, buy the company report.
Financials of Kardex India Private Limited
FY 2025 filings availableKardex India Private Limited reported revenue of ₹57.26 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹57.26 Cr ▼ 8%
Net profit · FY 2025
₹6.04 Cr margin 10.6%
EBITDA · FY 2025
₹8.24 Cr margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 21%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 15%
5 years · compounded
▲ 22%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 10.6% | ||||
| 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 Kardex India Private Limited, buy the company report.
Board of directors of Kardex India Private Limited
Kardex India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balegara Krishnamurthy Aswathnarayan | Whole-Time Director | 01 Feb 2017 | 9 Years 9 Months | Current |
| Salil Kumar | Managing Director | 23 Dec 2021 | 4 Years 10 Months | Current |
| Beng Hong Lim | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Auditor
Kardex India Private Limited is audited by Price Waterhouse & Co CharteredAccountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co CharteredAccountants LLP | FY 2024 | 304026E |
Shareholding
The shareholding of Kardex India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kardex India Private Limited, buy the company report.
Legal cases
Kardex India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed against the company by Oec Records Management Co. Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Oec Records Management Company Pvt Ltd | Disposed |
To see the full case history of Kardex India 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
Kardex India Private Limited has 8 MSME Form 1 returns on record between 2020 and 2024, listing 36 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arkance in Private Limited | |||
| Blackstone Shipping Private Limited | |||
| Compass IT Solutions and Services Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kardex India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kardex India Private Limited has a workforce of 28 employees on its EPFO records as of May 21, 2025, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
12%
GST
Kardex India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCK5377L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kardex India Private Limited, buy the company report.
Recent activity
Kardex India Private Limited has 18 board changes on record since 2009: 3 appointments and 15 cessations. The latest: Beng Hong Lim ceased to be Additional Director on 29 Sep 2024.
AGM
Kardex India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Kardex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Beng Hong Lim ceased to be Additional Director.
Appointed
Beng Hong Lim was appointed as Director.
Ceased
Salil Kumar ceased to be Additional Director.
Appointed
Salil Kumar was appointed as Managing Director.
Ceased
Athinodoros Veresies ceased to be Additional Director.
Ceased
Karl Joseph De Souza ceased to be Director.
Ceased
Veeramachaneni Ratnadeep ceased to be Additional Director.
Ceased
Ganapa Nagarjun ceased to be Additional Director.
Ceased
Jens Fankhanel ceased to be Director.
Ceased
Abhay Kumar ceased to be Director.
9 earlier events are in the company report.
News
Frequently asked questions
Kardex India is an active private limited company based in Bangalore, Karnataka, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 20 November 2008 (18+ years old) and is registered under CIN U90001KA2008PTC048350.
Kardex India has 3 current directors:
- Salil Kumar - Managing Director
- Balegara Krishnamurthy Aswathnarayan - Whole-Time Director
- Beng Hong Lim - Director
The latest financial statements of Kardex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kardex India is 29AADCK5377L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Kardex India is U90001KA2008PTC048350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kardex India has 2 court cases on record: 2 filed against it.
Kardex India was incorporated on 20 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Beng Hong Lim ceased to be Additional Director on 29 Sep 2024. Beng Hong Lim was appointed as Director on 01 Apr 2024. Salil Kumar ceased to be Additional Director on 28 Sep 2022. Kardex India has 18 board changes on record in total.
Yes, Kardex India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0018007).
Kardex India has 8 MSME Form 1 returns on record between 2020 and 2024, listing 36 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Kardex India can be reached through the website kardex.com. Its registered office is in Bangalore, Karnataka, India.
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