Kay 2 Glassics Private Limited
About Kay 2 Glassics Private Limited
Data last updated:
Kay 2 Glassics Private Limited is a private limited company based in Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 12 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74996DL2006PTC153539. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹77.05 Lakh. It is led by directors Kumkum Singhal (Whole-Time Director) and Neeraj Kumar Singhal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 139A Pocket – C Mayur Vihar Phase – II, Delhi, India – 110091.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.51 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Cr (net margin -178.4%) and EBITDA of -₹2.65 Cr (EBITDA margin -175.9%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹4.65 Cr and satisfied charges of ₹1.9 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kay 2 Glassics Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address139A Pocket – C Mayur Vihar Phase – II, Delhi, India – 110091
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Kay 2 Glassics 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 Kay 2 Glassics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kay 2 Glassics Private Limited, buy the company report.
Financials of Kay 2 Glassics Private Limited
FY 2020 filings availableKay 2 Glassics Private Limited reported revenue of ₹1.51 Cr (down 71% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 71% fall in the latest year. EBITDA fell 701% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.69 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -175.9% | ||||
| Net Profit Margin | -178.4% | ||||
| 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 Kay 2 Glassics Private Limited, buy the company report.
Board of directors of Kay 2 Glassics Private Limited
Kay 2 Glassics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumkum Singhal Also directs: Reliable Safety Glass Limited | Whole-Time Director | 12 Sep 2006 | 20 Years 2 Months | Current |
| Neeraj Kumar Singhal | Director | 12 Sep 2006 | 20 Years 2 Months | Current |
Peer comparison
Kay 2 Glassics Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Septa Concepts Private Limited | ₹1.52 Cr (FY 2025) | 2013.0% | Karnal, Haryana, India | |||
| Aisumi India Private Limited | ₹1.52 Cr (FY 2023) | 166.0% | Bangalore, Karnataka, India | |||
| Kay 2 Glassics Private Limitedthis company | ₹1.51 Cr (FY 2020) | -₹2.69 Cr | -178.4% | -71.0% | Delhi, India | |
| Sri Sun Solar Energiser Private Limited | ₹1.5 Cr (FY 2025) | -44.0% | Chennai, Tamil Nadu, India | |||
| Blue Point Power System Private Limited | ₹1.5 Cr (FY 2025) | 55.0% | Pune, Maharashtra, India | |||
| Elektrika Solutions Private Limited | ₹1.5 Cr (FY 2025) | -62.0% | Delhi, India |
To see the full peer comparison of Kay 2 Glassics Private Limited, buy the company report.
Auditor
Kay 2 Glassics Private Limited is audited by ARUN GARG & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN GARG & ASSOCIATES | FY 2020 | 005144C |
Shareholding
The shareholding of Kay 2 Glassics Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kay 2 Glassics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2017 | 100111996 | Syndicate Bank | ₹2.1 Cr | Open | |
| 03 Feb 2010 | 10200124 | Syndicate Bank | ₹10 Lakh | Open | |
| 13 Nov 2007 | 10075508 | Syndicate Bank | ₹1.95 Cr | Open | |
| 13 Nov 2007 | 10080458 | Syndicate Bank | ₹50 Lakh | Open | |
| 30 Dec 2015 | 10613899 | Others | ₹1.9 Cr | Satisfied |
To see the full charge records of Kay 2 Glassics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Kay 2 Glassics Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Court case (RCA DJ) | Filed against the company by Skoaa Overseas LLP | Disposed |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed against the company by Skoaa Overseas LLP | Disposed |
| District court, East, Delhi | Interim or miscellaneous application | Filed against the company by Akash Glass Industries | Disposed |
| District court, East, Delhi | Commercial suit | Filed against the company by Akash Glass Industries | Disposed |
To see the full case history of Kay 2 Glassics 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 Kay 2 Glassics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kay 2 Glassics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kay 2 Glassics Private Limited, buy the company report.
Recent activity
Kay 2 Glassics Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Kumkum Singhal was appointed as Whole-Time Director on 12 Sep 2006.
1 earlier event is in the company report.
Frequently asked questions
Kay 2 Glassics is an active private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 12 September 2006 (20+ years old) and is registered under CIN U74996DL2006PTC153539.
Kay 2 Glassics has 2 current directors:
- Kumkum Singhal - Whole-Time Director
- Neeraj Kumar Singhal - Director
The latest financial statements of Kay 2 Glassics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Kay 2 Glassics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kay 2 Glassics is U74996DL2006PTC153539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kay 2 Glassics has 4 court cases on record: 4 filed against it.
Kay 2 Glassics was incorporated on 12 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Kay 2 Glassics by revenue are Septa Concepts Private Limited, Aisumi India Private Limited, Sri Sun Solar Energiser Private Limited, Blue Point Power System Private Limited, Elektrika Solutions Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Kumkum Singhal was appointed as Whole-Time Director on 12 Sep 2006. Neeraj Kumar Singhal was appointed as Director on 12 Sep 2006.
The registered office of Kay 2 Glassics is at 139A Pocket – C Mayur Vihar Phase – II, Delhi, India – 110091.
Kay 2 Glassics operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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