About KG Financial Software Private Limited
Data last updated:
KG Financial Software Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India, operated as a subsidiary of K G Information Systems Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 March 2000.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2000PTC009267. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Srinivasalu Sridharan and Ashok Bakthavathsalam.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 366 Thudiyalur Road Saravanampatti, Coimbatore, Tamil Nadu, India – 641035.
As per the financials filed for FY 2016, the company reported a revenue of ₹18.43 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.66 Cr (net margin 19.9%) and EBITDA of ₹5.07 Cr (EBITDA margin 27.5%).
The company had about 297 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: KGFSL. As per MCA filings, the company had satisfied charges of ₹2.66 Cr on record.
The last known website on record is kgfsl.com.
Company details
Contact details
KG Financial Software Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is kgfsl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address366 Thudiyalur Road Saravanampatti, Coimbatore, Tamil Nadu, India – 641035
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of KG Financial Software 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 KG Financial Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of KG Financial Software Private Limited, buy the company report.
Financials of KG Financial Software Private Limited
FY 2016 filings availableKG Financial Software Private Limited reported revenue of ₹18.43 Cr (up 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year. EBITDA rose 182% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹18.43 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹5.07 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.66 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 27.5% | |
| Net Profit Margin | 19.9% | |
| 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 | ||
To see the full financial statements and ratios of KG Financial Software Private Limited, buy the company report.
Board of directors of KG Financial Software Private Limited
KG Financial Software has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasalu Sridharan | Director | 10 Dec 2007 | 18 Years 10 Months | As last reported |
| Ashok Bakthavathsalam Also directs: Wynfra Cybercity LLP, Ellen Textiles Private Limited, K G Surgicals Private Limited and 5 more | Director | 24 Mar 2000 | 26 Years 7 Months | As last reported |
| Divyalakshmi Ashok | Director | 24 Mar 2000 | 26 Years 7 Months | As last reported |
Peer comparison
KG Financial Software Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloudbolt Software India Private Limited | ₹20.68 Cr (FY 2024) | 11.0% | Pune, Maharashtra, India | |||
| Business Intelligence Professionals Private Limited | ₹20.64 Cr (FY 2025) | 7.0% | Bhubaneswar, Odisha, India | |||
| Eretail Cybertech Private Limited | ₹20.47 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Ele5 Solutions Private Limited | ₹20.46 Cr (FY 2024) | 25.0% | Chennai, Tamil Nadu, India | |||
| KG Financial Software Private Limitedthis company | ₹18.43 Cr (FY 2016) | ₹3.66 Cr | 19.9% | 40.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of KG Financial Software Private Limited, buy the company report.
Auditor
KG Financial Software Private Limited is audited by GOPALAIYER AND SUBRAMANIAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPALAIYER AND SUBRAMANIAN | FY 2016 | 000960S |
Shareholding
The shareholding of KG Financial Software Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of KG Financial Software Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2010 | 10263430 | Others | ₹25 Lakh | Satisfied | |
| 22 May 2009 | 10166402 | Axis Bank | ₹2 Cr | Satisfied | |
| 01 Sep 2007 | 10067430 | Canara Bank | ₹35.43 Lakh | Satisfied | |
| 13 Jul 2007 | 10064533 | Canara Bank | ₹5.75 Lakh | Satisfied |
To see the full charge records of KG Financial Software Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving KG Financial Software 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 KG Financial Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KG Financial Software has 3 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 KG Financial Software Private Limited, buy the company report.
Recent activity
KG Financial Software Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Srinivasalu Sridharan was appointed as Director on 10 Dec 2007.
4 earlier events are in the company report.
Frequently asked questions
KG Financial Software has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
KG Financial Software was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 24 March 2000 and is registered under CIN U72200TZ2000PTC009267. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
KG Financial Software was incorporated on 24 March 2000. It is registered with the Registrar of Companies, Coimbatore.
KG Financial Software had 3 directors:
- Srinivasalu Sridharan - Director
- Ashok Bakthavathsalam - Director
- Divyalakshmi Ashok - Director
The CIN (Corporate Identification Number) of KG Financial Software is U72200TZ2000PTC009267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of KG Financial Software is at 366 Thudiyalur Road Saravanampatti, Coimbatore, Tamil Nadu, India – 641035.
KG Financial Software can be reached through the website kgfsl.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The latest financial statements of KG Financial Software on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. KG Financial Software has 3 GST registrations on record and all of them are cancelled or inactive.
KG Financial Software operated in the information technology industry, in the application development and software solutions segment.
The peers of KG Financial Software by revenue are Cloudbolt Software India Private Limited, Business Intelligence Professionals Private Limited, Eretail Cybertech Private Limited, Ele5 Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).