About Kasu Assets Development Private Limited
Data last updated:
Kasu Assets Development Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70103KA2007PTC041488. Its GSTIN is 29AADCK0939J1ZA (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kasu Dhruthi Reddy and Kasu Jyotsna Reddy.
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 No.12 Service Road Domlur Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.74 Lakh, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Cr and EBITDA of -₹1.58 Cr. Revenue has grown at a compounded annual rate (CAGR) of 223% over three years.
As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kasu.co.in.
Company details
Contact details
Kasu Assets Development Private Limited's registered office is in Bangalore, Karnataka. Its website is kasu.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.12 Service Road Domlur Layout, Bangalore, Karnataka, India – 560071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kasu Assets Development Private Limited, buy the company report.
- 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
Business activity
The main business activity of Kasu Assets Development is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Kasu Assets Development Private Limited, buy the company report.
Financials of Kasu Assets Development Private Limited
FY 2025 filings availableKasu Assets Development Private Limited reported revenue of ₹21.74 Lakh (up 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 223% over three years, including 76% growth in the latest year. EBITDA fell 37% 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 | |||||
| Total Revenue | ₹21.74 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.17 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Kasu Assets Development Private Limited, buy the company report.
Board of directors of Kasu Assets Development Private Limited
Kasu Assets Development has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasu Dhruthi Reddy Also directs: Musion Holograms Private Limited, Kasu Mani Enterprises Private Limited, Eco Health Products Private Limited and 5 more | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Kasu Jyotsna Reddy Also directs: Musion Holograms Private Limited, Kasu Mani Enterprises Private Limited, Eco Health Products Private Limited and 5 more | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Kasu Anitha Reddy Also directs: Villa Kasu LLP | Director | 16 Jan 2007 | 19 Years 9 Months | Current |
| Kasu Venkata Rajagopal Reddy Also directs: Trusena Devices and Systems LLP, Jaitra Devices and Systems LLP, Kasu Morado Estates LLP and 5 more | Director | 16 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
Kasu Assets Development Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VKN Builders Private Limited | ₹21.76 Lakh (FY 2025) | 458.0% | Delhi, India | |||
| D V R Developers Private Limited | ₹21.75 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Triunity Bricks Private Limited | ₹21.75 Lakh (FY 2025) | 144.0% | Noida, Uttar Pradesh, India | |||
| Kasu Assets Development Private Limitedthis company | ₹21.74 Lakh (FY 2024) | -₹2.17 Cr | 76.0% | Bangalore, Karnataka, India | ||
| Jip Jain Industrial Products Private Limited | ₹21.74 Lakh (FY 2024) | -42.0% | Rohtak, Haryana, India | |||
| Ganpriya Sakhaya Propeerties Pvt.Ltd. | ₹21.74 Lakh (FY 2019) | -55.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kasu Assets Development Private Limited, buy the company report.
Auditor
Kasu Assets Development Private Limited is audited by B SANTHARAM AND CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SANTHARAM AND CO | FY 2024 | 15721S |
Shareholding
The shareholding of Kasu Assets Development 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 Kasu Assets Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2022 | 100711953 | Axis Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kasu Assets Development Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kasu Assets Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kasu Assets Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCK0939J1ZA | Karnataka | Active | 22 Dec 2017 |
To see the full GST registrations and return filing status of Kasu Assets Development Private Limited, buy the company report.
Recent activity
Kasu Assets Development Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Kasu Dhruthi Reddy ceased to be Additional Director on 31 Jul 2017.
Frequently asked questions
Kasu Assets Development is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 January 2007 (19+ years old) and is registered under CIN U70103KA2007PTC041488.
Kasu Assets Development has 4 current directors:
- Kasu Dhruthi Reddy - Director
- Kasu Jyotsna Reddy - Director
- Kasu Anitha Reddy - Director
- Kasu Venkata Rajagopal Reddy - Director
The latest financial statements of Kasu Assets Development 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 2015 are in the company report.
The GSTIN of Kasu Assets Development is 29AADCK0939J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Kasu Assets Development is U70103KA2007PTC041488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasu Assets Development was incorporated on 16 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kasu Assets Development by revenue are VKN Builders Private Limited, D V R Developers Private Limited, Triunity Bricks Private Limited, Jip Jain Industrial Products Private Limited, Ganpriya Sakhaya Propeerties Pvt.Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Kasu Dhruthi Reddy ceased to be Additional Director on 31 Jul 2017. Kasu Jyotsna Reddy ceased to be Additional Director on 31 Jul 2017. Kasu Dhruthi Reddy was appointed as Director on 27 Feb 2017. Kasu Assets Development has 6 board changes on record in total.
Kasu Assets Development can be reached through the website kasu.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Kasu Assets Development is at No.12 Service Road Domlur Layout, Bangalore, Karnataka, India – 560071.
Kasu Assets Development operates in the real estate and construction industry, in the real estate builders and developers segment.