About Kingspan Insulation Private Limited
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Kingspan Insulation Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Kingspan Insulation Fzco. It operates in the electrical services segment of the construction sector. It was incorporated on 18 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29298PN2010FTC137558. Its GSTIN is 27AAFCP7008K1Z7 (Maharashtra).
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹18.69 Cr. It was formerly known as Pal System India Private Limited. It is led by directors including Daniel Thomas Rix and Santosh Rajendraji Dhoka.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹44.26 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹81.31 Lakh (net margin -183.7%) and EBITDA of -₹81.31 Lakh (EBITDA margin -183.7%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 52% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kingspaninsulation.com.
Company details
Contact details
Kingspan Insulation Private Limited's registered office is in Pune, Maharashtra. Its website is kingspaninsulation.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address626 New Guruwar Peth Nr Apla Maruti Nr Ganj Peth Police Chowkey New Guruwar, Peth, Pune, Maharashtra, India – 411042
- IndustryConstruction, Electrical Services, Plumbing Services & Construction Specialties, Demolition & Construction Services
To see the full contact details of Kingspan Insulation 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 Kingspan Insulation is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Kingspan Insulation Private Limited
FY 2022 filings availableKingspan Insulation Private Limited reported revenue of ₹44.26 Lakh (down 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 90% fall in the latest year. EBITDA rose 83% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹81.31 Lakh | ||||
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| Net Profit (PAT) | -₹81.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -183.7% | ||||
| Net Profit Margin | -183.7% | ||||
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To see the full financial statements and ratios of Kingspan Insulation Private Limited, buy the company report.
Board of directors of Kingspan Insulation Private Limited
Kingspan Insulation has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daniel Thomas Rix | Director | 27 Jan 2020 | 6 Years 9 Months | Current |
| Santosh Rajendraji Dhoka | Director | 21 Jan 2021 | 5 Years 9 Months | Current |
| Nishila Prakashkumar Gotawala | Additional Director | 07 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Kingspan Insulation Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ram Prazision Private Limited | ₹46.3 Lakh (FY 2019) | 253.0% | Vadodara, Gujarat, India | |||
| Qualitas Engineering Private Limited | ₹45.64 Lakh (FY 2023) | 24.0% | Aurangabad, Maharashtra, India | |||
| Kingspan Insulation Private Limitedthis company | ₹44.26 Lakh (FY 2022) | -₹81.31 Lakh | -183.7% | -90.0% | 6 | Pune, Maharashtra, India |
| Kalbict Tools Private Limited | ₹42.69 Lakh (FY 2017) | 99.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Kingspan Insulation Private Limited, buy the company report.
Auditor
Kingspan Insulation Private Limited is audited by S D S S & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D S S & CO | FY 2020 | 129905W |
Shareholding
The shareholding of Kingspan Insulation Private 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kingspan Insulation Private Limited, buy the company report.
Legal cases
Kingspan Insulation Private Limited has 6 court cases on record: 5 filed by Kingspan Insulation, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Nudyna Engineers Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms. Halcyon Air Products Pvt.Ltd. | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against Intech Engineering Services. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Intech Engineering Services. | Disposed |
To see the full case history of Kingspan Insulation Private 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 Kingspan Insulation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kingspan Insulation Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Kingspan Insulation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP7008K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kingspan Insulation Private Limited, buy the company report.
Recent activity
Kingspan Insulation Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Ashish Rajesh Pai ceased to be Director on 07 May 2025.
Frequently asked questions
Kingspan Insulation is an active foreign private limited company based in Pune, Maharashtra, India. The company works in electrical services, within the construction industry. It was incorporated on 18 October 2010 (16+ years old) and is registered under CIN U29298PN2010FTC137558.
Kingspan Insulation has 3 current directors:
- Daniel Thomas Rix - Director
- Santosh Rajendraji Dhoka - Director
- Nishila Prakashkumar Gotawala - Additional Director
The latest financial statements of Kingspan Insulation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kingspan Insulation is 27AAFCP7008K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kingspan Insulation is U29298PN2010FTC137558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kingspan Insulation has 6 court cases on record: 5 filed by the company and 1 filed against it.
Kingspan Insulation was incorporated on 18 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kingspan Insulation by revenue are Shree Ram Prazision Private Limited, Qualitas Engineering Private Limited, Kalbict Tools Private Limited, all in the Machinery and Equipment industry (Machine Tools), with the same principal business activity (metal and metal products).
Ashish Rajesh Pai ceased to be Director on 07 May 2025. Nishila Prakashkumar Gotawala was appointed as Additional Director on 07 May 2025. Sarmad Sh Fakhri Al Saidi ceased to be Director on 13 Mar 2024. Kingspan Insulation has 8 board changes on record in total.
Kingspan Insulation can be reached through the website kingspaninsulation.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Kingspan Insulation is at 626 New Guruwar Peth Nr Apla Maruti Nr Ganj Peth Police Chowkey New Guruwar, Peth, Pune, Maharashtra, India – 411042.
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