- Category
- Small (2021-22)
- Udyam number
- UDYAM-KR-03-0028080

About Kinetix Engineering Solutions Limited
Data last updated:
Kinetix Engineering Solutions Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Kinetix Solutions Private Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 24 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA2012PLC062239. Its GSTIN is 29AAECK6177F1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Deepak Bhat and Udaya Prakash.
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 No. 940 20th Main Road Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2020, the company reported a revenue of ₹37.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹40,710 (net margin 0%) and EBITDA of ₹16.42 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 72% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Kinetix Engineering. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in April 2015.
Kinetix Engineering Solutions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0028080). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kinetixengineering.com.
Company details
Recognitions & Rankings of Kinetix Engineering Solutions
Contact details
Kinetix Engineering Solutions Limited's registered office is in Bangalore, Karnataka. Its website is kinetixengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 940 20th Main Road Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Kinetix Engineering Solutions 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
Brands
Kinetix Engineering Solutions operates one associated brand: Kinetix Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of launch vehicles and launch control systems for large payloads | kinetixengineering.com |
Business activity
The main business activity of Kinetix Engineering Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kinetix Engineering Solutions Limited, buy the company report.
Financials of Kinetix Engineering Solutions Limited
FY 2020 filings availableKinetix Engineering Solutions Limited reported revenue of ₹37.06 Cr (up 262% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 262% growth in the latest year. EBITDA rose 472% 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 | ₹37.06 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40,710 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kinetix Engineering Solutions Limited, buy the company report.
Board of directors of Kinetix Engineering Solutions Limited
Kinetix Engineering Solutions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Shree Ganesha | Additional Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Deepak Bhat Also directs: Kinetix Solutions Private Limited | Director | 11 Aug 2021 | 5 Years 2 Months | Current |
| Udaya Prakash Also directs: Kinetix Solutions Private Limited, Qsoft Services Private Limited | Director | 24 Jan 2012 | 14 Years 9 Months | Current |
| Chaitra Narasimha Bhat | Additional Director | 31 Aug 2021 | 5 Years 1 Months | Current |
Auditor
Kinetix Engineering Solutions Limited is audited by VENUGOPAL BHAT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENUGOPAL BHAT & CO | FY 2020 | 006506S |
Shareholding
The shareholding of Kinetix Engineering Solutions Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kinetix Engineering Solutions Limited, buy the company report.
Deals & funding
Kinetix Engineering Solutions Limited has 1 deal on record (1 acquisition); the latest was in April 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Acquisition | Undisclosed | Buyer: Kinetix Solutions Private Limited Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kinetix Engineering Solutions Limited has 9 court cases on record: 5 filed by Kinetix Engineering Solutions, 4 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 4 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Dynalog India Limited | Pending |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed against the company by Walchandnagar Industries Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (COARP) | Filed against the company by Walchandnagar Industries Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Walchandnagar Industries Limited and 1 other | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against M/S Aayur Technology Solutions Pvt Ltd | Disposed |
To see the full case history of Kinetix Engineering Solutions 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 Kinetix Engineering Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kinetix Engineering Solutions Limited has a workforce of 1 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Kinetix Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK6177F1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kinetix Engineering Solutions Limited, buy the company report.
Recent activity
Kinetix Engineering Solutions Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Balepur Narayan Thilak ceased to be Additional Director on 30 Nov 2021.
2 earlier events are in the company report.
Frequently asked questions
Kinetix Engineering Solutions is an active public limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 24 January 2012 (14+ years old) and is registered under CIN U74210KA2012PLC062239.
Kinetix Engineering Solutions has 4 current directors:
- Shilpa Shree Ganesha - Additional Director
- Deepak Bhat - Director
- Udaya Prakash - Director
- Chaitra Narasimha Bhat - Additional Director
The latest financial statements of Kinetix Engineering Solutions 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.
The GSTIN of Kinetix Engineering Solutions is 29AAECK6177F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Kinetix Engineering Solutions is U74210KA2012PLC062239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kinetix Engineering Solutions has 9 court cases on record: 5 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Kinetix Engineering Solutions was incorporated on 24 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Kinetix Engineering Solutions has 1 deal on record (1 acquisition); the latest was in April 2015.
Balepur Narayan Thilak ceased to be Additional Director on 30 Nov 2021. Chaitra Narasimha Bhat was appointed as Additional Director on 31 Aug 2021. Shilpa Shree Ganesha was appointed as Additional Director on 31 Aug 2021. Kinetix Engineering Solutions has 11 board changes on record in total.
Yes, Kinetix Engineering Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0028080).