About Khatore IT Solutions Private Limited
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Khatore IT Solutions Private Limited is a private limited company based in Kendujhar, Orissa, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2020PTC032737. Its GSTIN is 21AAICK0281G1ZX (Odisha).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajay Kumar Khatore and Saket Khatore.
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 C/O Ajay Khatore 3B Khatore Bagan Govt. Hospital Road At – Barbil, Kendujhar, Orissa, India – 758035.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹90.91 Lakh (net margin -389.6%) and EBITDA of -₹57.65 Lakh (EBITDA margin -247%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 1 brand: Khatore IT Solutions.
For more details, the company can be reached via its website khatoreitsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/O Ajay Khatore 3B Khatore Bagan Govt. Hospital Road At – Barbil, Kendujhar, Orissa, India – 758035
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Khatore IT Solutions Private Limited
The main business activity of Khatore IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Khatore IT Solutions Private Limited FY 2025 filings available
Khatore IT Solutions Private Limited reported revenue of ₹23.34 Lakh (up 175% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Khatore IT Solutions Private Limited
Revenue rose 175% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 375% 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 Khatore IT Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹57.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹90.91 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Khatore IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -247% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -389.6% | •••• | •••• | •••• | •••• |
| 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 Khatore IT Solutions are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Khatore IT Solutions Private Limited
Khatore IT Solutions Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajna Trade Compliance Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Chennai Gate Green Energy Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Cni Etail Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Khandadhar Ores Private Limited | •••• | •••• | •••• | •••• | - | Rourkela, Orissa, India |
| Scan Distributors Private Ltd. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Khatore IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Kendujhar, Orissa, India |
| Secon Logistics Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Teleios Financial Services Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Asjs Services Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Nirmalaiy Logistics Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Eagle Freight C&F Agency Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Khatore IT Solutions by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Khatore IT Solutions Private Limited
Khatore IT Solutions Private Limited is audited by K SWAIN & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K SWAIN & 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.
Board of Directors of Khatore IT Solutions Private Limited
Khatore IT Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Khatore Also directs: Naaraayani Minerals Private Limited, Jharkhand Sponge Iron Private Limited, Khatore Earth Movers Private Limited and 1 more | Director | 19 Feb 2020 | 6 Years 7 Months | Current |
| Saket Khatore Also directs: Easternedge Retail LLP | Director | 19 Feb 2020 | 6 Years 7 Months | Current |
| Minakshi Khatore Also directs: Easternedge Retail LLP | Director | 20 Feb 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Khatore IT Solutions 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 Khatore IT Solutions Private Limited
Khatore IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Khatore IT Solutions Private Limited
Khatore IT Solutions operates one associated brand: Khatore IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT solutions including email marketing, domain backorder, remote support, managed IT, and website backups. | khatoreitsolutions.com |
Employees and EPFO Compliance at Khatore IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Khatore IT Solutions.
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 Khatore IT Solutions Private Limited
Khatore IT Solutions Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Minakshi Khatore ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Khatore IT Solutions 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.
MSME Payment Delays by Khatore IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Khatore IT Solutions 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 Khatore IT Solutions Private Limited
Khatore IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAICK0281G1ZX | Odisha | Active | 01 Apr 2020 |
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 Khatore IT Solutions 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 Khatore IT Solutions Private Limited
Khatore IT Solutions is an active private limited company based in Kendujhar, Orissa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 February 2020 (6+ years old) and is registered under CIN U72900OR2020PTC032737.
Khatore IT Solutions reported revenue of ₹23.34 Lakh for FY 2024 (up 175% YoY).
Khatore IT Solutions has 3 current directors:
- Ajay Kumar Khatore - Director
- Saket Khatore - Director
- Minakshi Khatore - Director
Khatore IT Solutions reported a net loss of ₹90.91 Lakh (net margin -389.6%) and EBITDA of -₹57.65 Lakh (EBITDA margin -247%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Khatore IT Solutions is -12% over three years. In the latest year (FY 2024) revenue rose 175%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Khatore IT Solutions is 21AAICK0281G1ZX, registered in Odisha.
The CIN (Corporate Identification Number) of Khatore IT Solutions is U72900OR2020PTC032737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khatore IT Solutions was incorporated on 19 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Khatore IT Solutions by revenue are Ajna Trade Compliance Private Limited, Chennai Gate Green Energy Private Limited, Cni Etail Solutions Private Limited, Khandadhar Ores Private Limited, Scan Distributors Private Ltd. and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Minakshi Khatore ceased to be Additional Director on 29 Sep 2024. Minakshi Khatore was appointed as Director on 20 Feb 2024. Ajay Kumar Khatore was appointed as Director on 19 Feb 2020. Khatore IT Solutions has 4 board changes on record in total.
Yes, Khatore IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).