MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0047203
Kitagawa India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹41.82 Cr
▲ 6% YoY
Net profit · FY 2024
₹2.01 Cr
Net margin 4.8%
EBITDA · FY 2024
₹4.3 Cr
EBITDA margin 10.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.01 Lakh
Issued & subscribed
Open charges
₹1.06 Cr
Satisfied ₹34.7 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
45
Provident fund records
About Kitagawa India Private Limited
Data last updated:
Kitagawa India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Kitagawa Europe Limited. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28939KA2008FTC104194. Its GSTIN is 29AADCK4801D1ZU (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.01 Lakh. It is led by directors including Karuvampalayam Mani Nethaji (Managing Director) and Mark Howard Jones.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 42 2nd Phase Jigani Industrial Area Jigani, Bangalore, Karnataka, India – 560105.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.82 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 4.8%) and EBITDA of ₹4.3 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.06 Cr and satisfied charges of ₹34.7 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Kitagawa India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0047203). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitagawa.global.
Company details
CIN U28939KA2008FTC104194
Registration Number 104194
Incorporation Date 14 August 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Kitagawa Europe Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0047203
CIN history
Kitagawa India has one previous CIN (Corporate Identification Number): U28939PN2008FTC132624. The current CIN is U28939KA2008FTC104194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28939KA2008FTC104194 | Current |
| U28939PN2008FTC132624 | Previous |
Key People
Karuvampalayam Mani Nethaji Managing Director Mark Howard Jones Director Gaj Singh Jodhpur Director Recognitions & Rankings of Kitagawa India
Contact details
Kitagawa India Private Limited's registered office is in Bangalore, Karnataka. Its website is kitagawa.global. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 42 2nd Phase Jigani Industrial Area Jigani, Bangalore, Karnataka, India – 560105
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Kitagawa India Private Limited, buy the company report.
Comprehensive company report
Kitagawa India Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of Kitagawa India are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Kitagawa India Private Limited, buy the company report.
Financials of Kitagawa India Private Limited
FY 2023 filings availableKitagawa India Private Limited reported revenue of ₹41.82 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹41.82 Cr ▲ 6%
Net profit · FY 2024
₹2.01 Cr margin 4.8%
EBITDA · FY 2024
₹4.3 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 16%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 200%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 6% growth in the latest year. EBITDA rose 62% 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 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 | ₹4.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.01 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 Kitagawa India Private Limited, buy the company report.
Board of directors of Kitagawa India Private Limited
Kitagawa India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Howard Jones | Director | 14 Aug 2008 | 18 Years 2 Months | Current |
| Karuvampalayam Mani Nethaji Also directs: Kitagawa Technology India Private Limited | Managing Director | 23 Apr 2017 | 9 Years 6 Months | Current |
| Gaj Singh Jodhpur Also directs: Shankar Packagings Limited, Jodhana Developers Private Limited, Engineers Impex Private Limited and 5 more | Director | 02 Nov 2015 | 11 Years 0 Months | Current |
| Robert Wyndham Murray Threipland Also directs: Kitagawa Technology India Private Limited | Additional Director | 16 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Kitagawa India Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Transcreek Engineers Pvt Ltd | ₹42.34 Cr (FY 2025) | 0.0% | Mumabi, Maharashtra, India | |||
| Value Pharma Holistic Remedies Private Limited | ₹42.23 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| Zwickroell Private Limited | ₹41.91 Cr (FY 2025) | 43.0% | Chennai, Tamil Nadu, India | |||
| Kitagawa India Private Limitedthis company | ₹41.82 Cr (FY 2024) | ₹2.01 Cr | 4.8% | 6.0% | 45 | Bangalore, Karnataka, India |
| Swastik Infra-Marine Engineers Limited | ₹41.82 Cr (FY 2018) | 12.0% | Ahmedabad, Gujarat, India | |||
| Suryansh Tracking Systems Private Limited | ₹41.66 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Astberg Ventilation Private Limited | ₹41.62 Cr (FY 2025) | 261.0% | Ludhiana, Punjab, India | |||
| Midas Autosoft Engineers Private Limited | ₹41.51 Cr (FY 2024) | 11.0% | Bhor, Maharashtra, India |
To see the full peer comparison of Kitagawa India Private Limited, buy the company report.
Auditor
Kitagawa India Private Limited is audited by ASA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & ASSOCIATES LLP | FY 2023 | 009571N/N500006 |
Shareholding
The shareholding of Kitagawa India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kitagawa India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.06 Cr
Satisfied charges
₹34.7 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2025 | 101121808 | Others | ₹14 Lakh | Open | |
| 17 Mar 2025 | 101120990 | Others | ₹8.5 Lakh | Open | |
| 17 Mar 2025 | 101120985 | Others | ₹9.85 Lakh | Open | |
| 20 Nov 2023 | 100869555 | Others | ₹8.8 Lakh | Open | |
| 24 Aug 2023 | 100812429 | Others | ₹6.35 Lakh | Open |
To see the full charge records of Kitagawa India Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Kitagawa India Private Limited has 2 court cases on record: 2 filed by Kitagawa India. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Galaxy Machinery Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Kitagawa India 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
Kitagawa India Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Turnmax Machine Tools | |||
| Groz Engineering Tools Private Limited | |||
| Ladda Bhutada and Associates | |||
| an individual supplier |
To see the full MSME payment records of Kitagawa India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kitagawa India Private Limited has a workforce of 45 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
25%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 45 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Kitagawa India Private Limited, buy the company report.
GST
Kitagawa India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCK4801D1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kitagawa India Private Limited, buy the company report.
Recent activity
Kitagawa India Private Limited has 7 board changes on record since 2008: 4 appointments and 3 cessations. The latest: Robert Wyndham Murray Threipland was appointed as Additional Director on 16 Apr 2025.
Appointed
Robert Wyndham Murray Threipland was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 14.00 Lakh with Charge ID 101121808 was registered on 19 Mar 2025.
Charges
A charge with Others amounted to Rs. 8.50 Lakh with Charge ID 101120990 was registered on 17 Mar 2025.
Charges
A charge with Others amounted to Rs. 9.85 Lakh with Charge ID 101120985 was registered on 17 Mar 2025.
AGM
Kitagawa India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 31 Oct 2018 via Charge ID 100266505 with Others was fully satisfied on 16 Feb 2024.
Charges
A charge with Others amounted to Rs. 8.80 Lakh with Charge ID 100869555 was registered on 20 Nov 2023.
Charges
A charge with Others amounted to Rs. 6.35 Lakh with Charge ID 100812429 was registered on 24 Aug 2023.
Ceased
Stuart Wyndham Murray Threipland ceased to be Director.
Filing
Kitagawa India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100627549 was registered on 13 Sep 2022.
Charges
A charge registered on 17 Sep 2018 via Charge ID 100266513 with Others was fully satisfied on 19 Aug 2022.
10 earlier events are in the company report.
Frequently asked questions
Kitagawa India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 14 August 2008 (18+ years old) and is registered under CIN U28939KA2008FTC104194.
Kitagawa India has 4 current directors:
- Karuvampalayam Mani Nethaji - Managing Director
- Mark Howard Jones - Director
- Gaj Singh Jodhpur - Director
- Robert Wyndham Murray Threipland - Additional Director
The latest financial statements of Kitagawa India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kitagawa India is 29AADCK4801D1ZU, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Kitagawa India is U28939KA2008FTC104194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kitagawa India has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Kitagawa India was incorporated on 14 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kitagawa India by revenue are Transcreek Engineers Pvt Ltd, Value Pharma Holistic Remedies Private Limited, Zwickroell Private Limited, Swastik Infra-Marine Engineers Limited, Suryansh Tracking Systems Private Limited and 2 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Robert Wyndham Murray Threipland was appointed as Additional Director on 16 Apr 2025. Stuart Wyndham Murray Threipland ceased to be Director on 12 Jun 2023. Karuvampalayam Mani Nethaji was appointed as Managing Director on 23 Apr 2017. Kitagawa India has 7 board changes on record in total.
Yes, Kitagawa India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0047203).
Kitagawa India has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Kitagawa India can be reached through the website kitagawa.global. Its registered office is in Bangalore, Karnataka, India.
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