MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0007689
Kes Projects Private Limited - infrastructure and utilities in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.57 Cr
▲ 146% YoY
Net profit · FY 2024
₹24.58 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹80.06 Lakh
EBITDA margin 3%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹1.72 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Kes Projects Private Limited
Data last updated:
Kes Projects Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 31 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2020PTC119234. Its GSTIN is 24AAICK5374Q1ZU (Gujarat).
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Tejas Patel and Upesh Mangalbhai Patel.
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.57 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net profit of ₹24.58 Lakh (net margin 0.9%) and EBITDA of ₹80.06 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 385% over three years.
As per MCA filings, the company has open charges of ₹1.72 Cr on record.
Kes Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0007689). For more details, the company can be reached via its website kesprojects.com.
Company Details of Kes Projects Private Limited
CIN U45201GJ2020PTC119234
Registration Number 119234
Incorporation Date 31 December 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-09-0007689
Key People
Tejas Patel Director Upesh Mangalbhai Patel Director Jiteshkumar Uttambhai Mistry Director Recognitions & Rankings of Kes Projects
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No. 514 Ugati Corporate Near Swagat Reinforest – 1 Village Kudasa, N, Gandhinagar, Gujarat, India – 382421
- IndustryInfrastructure and Utilities, Infrastructure Project Management, General Construction Services
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Business Activity of Kes Projects Private Limited
The main business activity of Kes Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Kes Projects Private Limited FY 2025 filings available
Kes Projects Private Limited reported revenue of ₹26.57 Cr (up 146% YoY) for FY 2024.
Revenue · FY 2024
₹26.57 Cr ▲ 146%
Net profit · FY 2024
₹24.58 Lakh margin 0.9%
EBITDA · FY 2024
₹80.06 Lakh margin 3%
Compounded Annual Growth Rate (CAGR) of Kes Projects Private Limited
Revenue CAGR growth
1 year
▲ 146%
3 years · compounded
▲ 385%
EBITDA CAGR growth
1 year
▲ 165%
3 years · compounded
▲ 679%
Revenue has grown at a compounded annual rate (CAGR) of 385% over three years, including 146% growth in the latest year. EBITDA rose 165% 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 Kes Projects Private Limited
| Metrics | 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 | ₹80.06 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.58 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 of Kes Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3% | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kes Projects are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Kes Projects Private Limited
Kes Projects has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Patel | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Upesh Mangalbhai Patel Also directs: Kes Fabtech LLP, Kes Buildtech LLP | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Jiteshkumar Uttambhai Mistry Also directs: Kes Fabtech LLP, Kes Buildtech LLP | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
Peer Comparison of Kes Projects Private Limited
Kes Projects Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials, Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aerocon Buildwell Private Limited | ₹26.64 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Ujjain, Madhya Pradesh, India |
| Apl Valueclay Private Limited | ₹26.64 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kutch, Gujarat, India |
| Ayam Weldmesh Private Limited | ₹26.64 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Astal Interbuild Private Limited | ₹26.58 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Synergy Metals Private Limited | ₹26.57 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chandigarh, India |
| Kes Projects Private Limited this company | ₹26.57 Cr (FY 2024) | •••• | •••• | 146.0% | •••• | Gandhinagar, Gujarat, India |
| Konment Build Limited | ₹26.54 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Gandhinagar, Gujarat, India |
| Avadh Technometals Private Limited | ₹26.5 Cr (FY 2025) | •••• | •••• | 303.0% | •••• | Lucknow, Uttar Pradesh, India |
| Shreerang Green Concept Aac Blocks Private Limited | ₹26.47 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ambattur Heat Treaters Private Limited | ₹26.43 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| B A Fab and Forge Private Limited | ₹26.34 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kes Projects by revenue in the Manufacturing industry (Construction Materials, Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kes Projects Private Limited
Kes Projects Private Limited is audited by NIKHIL SHAH & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHIL SHAH & COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Kes Projects Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Kes Projects Private Limited
Open charges
₹1.72 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2024 | Others | ₹45 Lakh | Open |
| 20 Nov 2024 | Others | ₹55.6 Lakh | Open |
| 12 Apr 2023 | Hdfc Bank Limited | ₹71 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Kes Projects Private Limited
Kes Projects Private Limited has a workforce of 0 employees as of Mar 28, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Kes Projects Private Limited
Kes Projects Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Jiteshkumar Uttambhai Mistry was appointed as Director on 31 Dec 2020.
AGM
Kes Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kes Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 45.00 Lakh registered on 20 Nov 2024 with Charge ID 101017047 was modified on 13 Jan 2025.
Charges
A charge with Others of Rs. 55.60 Lakh registered on 20 Nov 2024 with Charge ID 101017048 was modified on 13 Jan 2025.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 101017047 was registered on 20 Nov 2024.
Charges
A charge with Others amounted to Rs. 55.60 Lakh with Charge ID 101017048 was registered on 20 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 71.00 Lakh with Charge ID 100725847 was registered on 12 Apr 2023.
Appointed
Jiteshkumar Uttambhai Mistry was appointed as Director.
Appointed
Tejas Patel was appointed as Director.
Appointed
Upesh Mangalbhai Patel was appointed as Director.
Incorporation
31 Dec 2020
Kes Projects Private Limited was registered on 31 Dec 2020 with Roc Ahmedabad & aged 5 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Kes Projects Private Limited
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MSME Payment Delays by Kes Projects Private Limited
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Subsidiaries & Group Companies of Kes Projects Private Limited
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GST Compliance of Kes Projects Private Limited
Kes Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICK5374Q1ZU | Gujarat | Active | 11 Feb 2021 |
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MCA Filings & Documents of Kes Projects Private Limited
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Frequently Asked Questions about Kes Projects Private Limited
Kes Projects is an active private limited company based in Gandhinagar, Gujarat, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 31 December 2020 (6+ years old) and is registered under CIN U45201GJ2020PTC119234.
Kes Projects reported revenue of ₹26.57 Cr for FY 2024 (up 146% YoY).
Kes Projects has 3 current directors:
- Tejas Patel - Director
- Upesh Mangalbhai Patel - Director
- Jiteshkumar Uttambhai Mistry - Director
Kes Projects reported a net profit of ₹24.58 Lakh (net margin 0.9%) and EBITDA of ₹80.06 Lakh (EBITDA margin 3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kes Projects is 385% over three years. In the latest year (FY 2024) revenue rose 146%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kes Projects is 24AAICK5374Q1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Kes Projects is U45201GJ2020PTC119234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kes Projects was incorporated on 31 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kes Projects by revenue are Aerocon Buildwell Private Limited, Apl Valueclay Private Limited, Ayam Weldmesh Private Limited, Astal Interbuild Private Limited, Synergy Metals Private Limited and 5 more, all in the Manufacturing industry (Construction Materials, Foundry and Fabrication).
Jiteshkumar Uttambhai Mistry was appointed as Director on 31 Dec 2020. Tejas Patel was appointed as Director on 31 Dec 2020. Upesh Mangalbhai Patel was appointed as Director on 31 Dec 2020.
Yes, Kes Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0007689).