MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0000250
Kitco Limited - business outsourcing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.04 Cr
▲ 28% YoY
Net profit · FY 2025
₹5.08 Cr
Net margin 20.3%
EBITDA · FY 2025
₹3.08 Cr
EBITDA margin 12.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.85 Cr
Issued & subscribed
Open charges
₹2.87 Lakh
Satisfied ₹1.19 Lakh
Company age
54 yrs
Est. 1972
Employees · EPFO
142
Provident fund records
About Kitco Limited
Data last updated:
Kitco Limited is a public limited union government company based in Ernakulam, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 June 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL1972GOI002425. Its GSTIN is 32AAACK9991P1ZS (Kerala). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.85 Cr. It was formerly known as Kerala Industrial and Technical Consultancy Organisation Limited. It is led by directors including Santhosh Koshy Thomas and Suneet Shukla.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mm Gardens Church Landing Road Near Kerala Fine Arts Hall, Ernakulam, Kerala, India – 682016.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.04 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹5.08 Cr (net margin 20.3%) and EBITDA of ₹3.08 Cr (EBITDA margin 12.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 142 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kitco. As per MCA filings, the company has open charges of ₹2.87 Lakh and satisfied charges of ₹1.19 Lakh on record. Court records list 246 cases involving the company, including 46 filed by the company and 200 filed against it; 55 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 43 micro and small suppliers.
Kitco Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0000250). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitco.in.
Company details
CIN U74140KL1972GOI002425
Registration Number 002425
Incorporation Date 03 June 1972
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0000250
CIN history
Kitco has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140KL1972GOI002425, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140KL1972GOI002425 | Current |
| U74140KL1972PLC002425 | Previous |
| U74140KL1972SGC002425 | Previous |
Recognitions & Rankings of Kitco
Contact details
Kitco Limited's registered office is in Ernakulam, Kerala. Its website is kitco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMm Gardens Church Landing Road Near Kerala Fine Arts Hall, Ernakulam, Kerala, India – 682016
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Kitco Limited, buy the company report.
Comprehensive company report
Kitco 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 Kitco are professional, scientific and technical and support service to organizations. In detail, this covers management consultancy activities, placement agencies and hr management services and architecture, engineering activities, technical testing and analysis activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| N | Support service to Organizations | N2 | Placement agencies and HR management services | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Kitco Limited, buy the company report.
Financials of Kitco Limited
FY 2024 filings availableKitco Limited reported revenue of ₹25.04 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹25.04 Cr ▲ 28%
Net profit · FY 2025
₹5.08 Cr margin 20.3%
EBITDA · FY 2025
₹3.08 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▼ 2%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 32%
5 years · compounded
▲ 24%
Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 134% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹3.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.08 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 20.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kitco Limited, buy the company report.
Board of directors of Kitco Limited
Kitco has 5 current directors and 61 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreenivas Allada | Nominee Director | 28 Apr 2020 | 6 Years 5 Months | Current |
| Santhosh Koshy Thomas | Director | 28 Apr 2020 | 6 Years 5 Months | Current |
| Suneet Shukla | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
| Shaju Raphel Tharakan | Nominee Director | 12 Jun 2024 | 2 Years 4 Months | Current |
| Pankaj Tripathi | Director | 02 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Kitco Limited is audited by Paulson & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paulson & Co. | FY 2023 | 002620S |
Shareholding
The shareholding of Kitco 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 Kitco Limited, buy the company report.
Charges & borrowings
Open charges
₹2.87 Lakh
Satisfied charges
₹1.19 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 1989 | 90021819 | Kerala Financial Corporation | ₹90,000 | Open | |
| 14 Mar 1989 | 90021818 | Industrial Development Bank of India | ₹1.15 Lakh | Open | |
| 02 Jun 1987 | 90021743 | Kerala Financial Corporation | ₹81,800 | Open | |
| 27 Mar 1990 | 90021865 | Bank of Baroda | ₹1 Lakh | Satisfied | |
| 04 Mar 1978 | 90021423 | State Bank of Travancore | ₹18,750 | Satisfied |
To see the full charge records of Kitco Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Kitco Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Canara Bank Seller: Syndicate bank |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: State Bank Of India Seller: State Bank Of Travancore |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kitco Limited has 246 court cases on record: 46 filed by Kitco, 200 filed against it. 55 cases are pending and 191 are disposed.
Total cases
246
Filed by the company
46
Filed against the company
200
Pending
55
Disposed
191
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 194 | 164 | 39 |
| District courts | 51 | 35 | 16 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 246)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Arbitration matter | Filed against the company by M/S. Servotech India Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed against the company by North Stone Builders & Developers Pvt. Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed against the company by Cynosure Electric Company Pvt. Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed against the company by M/S R R Thulasi Builders India Pvt.Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed against the company by Aag India Private Limited | Pending |
To see the full case history of Kitco 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
Kitco Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 43 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 (5 of 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Spreads Survey | |||
| Arun Soil Lab Private Limited | |||
| Cochin Test House (Paily Yacob) | |||
| Romanson Business Centre |
To see the full MSME payment records of Kitco Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kitco Limited has a workforce of 142 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
142
Active EPFO establishments
1
Employee growth
-42.51%
GST
Kitco has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACK9991P1ZS | Kerala | Active | 01 Jul 2017 |
| 32AAACK9991P1D1 | Kerala | Active | 07 Nov 2018 |
| 33AAACK9991P1DZ | Tamil Nadu | Active | 15 Nov 2018 |
To see the full GST registrations and return filing status of Kitco Limited, buy the company report.
Recent activity
Kitco Limited has 125 board changes on record since 1977: 65 appointments and 60 cessations. The latest: Harinarayanaraj ceased to be Managing Director on 31 May 2025.
Ceased
Harinarayanaraj ceased to be Managing Director.
AGM
Kitco Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Appointed
Pankaj Tripathi was appointed as Director.
Ceased
Sudhir Kumar Gupta ceased to be Director.
Appointed
Shaju Raphel Tharakan was appointed as Nominee Director.
Ceased
Venkatraman Karthikeyan ceased to be Nominee Director.
Filing
Kitco Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Jofin John ceased to be Company Secretary.
Charges
A charge registered on 04 Mar 1978 via Charge ID 90021423 with State Bank Of Travancore was fully satisfied on 16 Mar 2023.
Charges
A charge registered on 27 Mar 1990 via Charge ID 90021865 with Bank Of Baroda was fully satisfied on 13 Mar 2023.
Ceased
Chiknallur Jayappa Manjunathaswamy ceased to be Director.
Appointed
Jofin John was appointed as Company Secretary.
123 earlier events are in the company report.
News
Frequently asked questions
Kitco is an active public limited union government company based in Ernakulam, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 June 1972 (54+ years old) and is registered under CIN U74140KL1972GOI002425.
Kitco has 5 current directors:
- Sreenivas Allada - Nominee Director
- Santhosh Koshy Thomas - Director
- Suneet Shukla - Director
- Shaju Raphel Tharakan - Nominee Director
- Pankaj Tripathi - Director
The latest financial statements of Kitco on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kitco is 32AAACK9991P1ZS, registered in Kerala. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAACK9991P1D1 (Kerala), 33AAACK9991P1DZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Kitco is U74140KL1972GOI002425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kitco has 246 court cases on record: 46 filed by the company and 200 filed against it. 55 are pending. Most are in the high courts.
Kitco was incorporated on 03 June 1972, making it 54+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kitco has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Harinarayanaraj ceased to be Managing Director on 31 May 2025. Pankaj Tripathi was appointed as Director on 02 Sep 2024. Sudhir Kumar Gupta ceased to be Director on 28 Jun 2024. Kitco has 125 board changes on record in total.
Yes, Kitco is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0000250).
Kitco has 14 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 43 micro and small suppliers. The latest return was filed on 29 Apr 2024.