About K-Flex India Private Limited
Data last updated:
K-Flex India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of L Isonalte K Flex Spa. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 16 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25119PN2005PTC021311. Its GSTIN is 27AABCE5416A1Z7 (Maharashtra).
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹68.33 Cr. It was formerly known as Easyflex Insulation Pvt Ltd. It is led by directors including Amedeo Spinelli and Giuseppe Biava.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 707 708 Sohrab Hall G Wing, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹143.08 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹8.63 Cr (net margin 6%) and EBITDA of ₹25.91 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 126 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: K-Flex. As per MCA filings, the company has open charges of ₹108.87 Cr and satisfied charges of ₹13 Cr on record. Court records list 63 cases involving the company, including 57 filed by the company and 6 filed against it; 41 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹84.55 Cr; the latest was in September 2013. Its 10 peer companies in the Manufacturing industry (Rubber Based Products) are compared by revenue, 5 larger and 5 smaller; the largest is Midas Rubber Pvt Ltd with revenue of ₹150.34 Cr. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 246 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kflex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address707 708 Sohrab Hall G Wing, Pune, Maharashtra, India – 411001
- IndustryManufacturing, Rubber-Based Products
- 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
Business Activity of K-Flex India Private Limited
The main business activity of K-Flex India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of K-Flex India Private Limited FY 2024 filings available
K-Flex India Private Limited reported revenue of ₹143.08 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of K-Flex India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 11% growth in the latest year. EBITDA rose 123% 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 K-Flex India Private Limited
| 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 | ₹143.08 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹25.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.63 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 of K-Flex India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
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 K-Flex India are in the company report.
Financial statements from 2015
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.
Board of Directors of K-Flex India Private Limited
K-Flex India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amedeo Spinelli | Director | 12 May 2009 | 17 Years 5 Months | Current |
| Giuseppe Biava | Director | 12 May 2009 | 17 Years 5 Months | Current |
| Poonampanjumal Dhamecha Also directs: Aparlan India Private Limited | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Carlo Spinelli | Director | 23 Jan 2006 | 20 Years 8 Months | Current |
Peer Comparison of K-Flex India Private Limited
K-Flex India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Midas Rubber Pvt Ltd | ₹150.34 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kottayam, Kerala, India |
| Season Rubbers Private Limited | ₹149.29 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Kottayam, Kerala, India |
| TRP Sealing Systems (India) Private Limited | ₹147.74 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Ten On Ten Rubtech Private Limited | ₹147.51 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Gurgaon, Haryana, India |
| Eureka Conveyor Beltings Limited | ₹144.41 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kota, Rajasthan, India |
| K-Flex India Private Limited this company | ₹143.08 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Prime India Polymix Private Limited | ₹139.75 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Sagar Rubber Products Private Limited | ₹138.35 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Gidc Ii, Gujarat, India |
| Enkay (India) Rubber Company Private Limited | ₹137.76 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Golden Rolls Private Limited | ₹127.21 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Karanja Industries Private Limited | ₹123.95 Cr (FY 2023) | •••• | •••• | 3.0% | •••• | Bidar, Karnataka, India |
Peers are the five companies nearest above and the five nearest below K-Flex India by revenue in the Manufacturing industry (Rubber Based Products), 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 K-Flex India Private Limited
K-Flex India Private Limited is audited by A .M . Awati & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A .M . Awati & Co | 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.
Ownership and Shareholding of K-Flex India Private Limited
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 K-Flex India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2025 | Hdfc Bank Limited | ₹3 Cr | Open |
| 19 Aug 2025 | Hdfc Bank Limited | ₹15 Cr | Open |
| 21 Oct 2021 | Hdfc Bank Limited | ₹2.21 Cr | Open |
| 26 Mar 2021 | Hdfc Bank Limited | ₹2.21 Cr | Open |
| 25 Apr 2017 | Hdfc Bank Limited | ₹50 Cr | Open |
Total charge records: 11 View all charges
Deals & Funding of K-Flex India Private Limited
K-Flex India Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹84.55 Cr; the latest was in September 2013.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Funding round | ₹77.64 Cr | Investors: 2 individuals |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Gulf Investment Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Gulf Investment Private Limited |
| Mar 2012 | Funding round | ₹1.92 Cr | Investors: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Gulf Investment Private Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of K-Flex India Private Limited
K-Flex India Private Limited has 63 court cases on record: 57 filed by K-Flex India, 6 filed against it. 41 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 6 | 41 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sterling and Wilson Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against P T Shipping Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Nudyna Engineers Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Fablab Engineering India Pvt.Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Garden Reach Shipbuilders and Engineers Ltd. | Pending |
Full case history
All 63 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by K-Flex India Private Limited
K-Flex India Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 246 overdue payments to 47 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 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at K-Flex India Private Limited
K-Flex India Private Limited has a workforce of 126 employees as of Jan 15, 2026.
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.
Recent Activity on K-Flex India Private Limited
K-Flex India Private Limited has 13 board changes on record since 2006: 4 appointments and 9 cessations. The latest: Poonampanjumal Dhamecha ceased to be Additional Director on 08 Mar 2023.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for K-Flex India Private Limited
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.
Subsidiaries & Group Companies of K-Flex India Private Limited
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.
GST Compliance of K-Flex India Private Limited
K-Flex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE5416A1Z7 | Maharashtra | Active | 01 Jul 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.
MCA Filings & Documents of K-Flex India Private Limited
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.
Frequently Asked Questions about K-Flex India Private Limited
K-Flex India is an active private limited company based in Pune, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 16 September 2005 (21+ years old) and is registered under CIN U25119PN2005PTC021311.
K-Flex India reported revenue of ₹143.08 Cr for FY 2024 (up 11% YoY).
K-Flex India has 4 current directors:
- Amedeo Spinelli - Director
- Giuseppe Biava - Director
- Poonampanjumal Dhamecha - Director
- Carlo Spinelli - Director
K-Flex India reported a net profit of ₹8.63 Cr (net margin 6%) and EBITDA of ₹25.91 Cr (EBITDA margin 18.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of K-Flex India is 13% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of K-Flex India is 27AABCE5416A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of K-Flex India is U25119PN2005PTC021311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K-Flex India has 63 court cases on record: 57 filed by the company and 6 filed against it. 41 are pending. Most are in the district courts.
K-Flex India was incorporated on 16 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
K-Flex India has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹84.55 Cr; the latest was in September 2013.
The peers of K-Flex India by revenue are Midas Rubber Pvt Ltd, Season Rubbers Private Limited, TRP Sealing Systems (India) Private Limited, Ten On Ten Rubtech Private Limited, Eureka Conveyor Beltings Limited and 5 more, all in the Manufacturing industry (Rubber Based Products).
Poonampanjumal Dhamecha ceased to be Additional Director on 08 Mar 2023. Poonampanjumal Dhamecha was appointed as Director on 13 Jun 2022. Triviyan Kumar Kalra ceased to be Director on 12 Jun 2022. K-Flex India has 13 board changes on record in total.