About Kito India Private Limited
Data last updated:
Kito India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Kito Corporation. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 June 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA1981PTC004248. Its GSTIN is 29AABCM1443P1Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.76 Cr. It was formerly known as Material Handling Engineers Private Limited and Armsel Mhe Private Limited. It is led by directors Preet Heston Heri (Managing Director) and So Enomoto.
Its last annual general meeting (AGM) was held on 09 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Sy No.118/2 80 Feet Road Jakkur Post Yelahanka Hobli, Bengaluru, Karnataka, India – 560064.
As per the financials filed for FY 2023, the company reported a revenue of ₹34.02 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Cr (net margin 23.6%) and EBITDA of ₹5.9 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.34 Lakh and satisfied charges of ₹29.25 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹32.33 Cr; the latest was in September 2018. Its 10 peer companies in the Machinery and Equipment industry (Material Handling Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Stalwart Elevators Products Private Limited with revenue of ₹35.23 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kito.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSy No.118/2 80 Feet Road Jakkur Post Yelahanka Hobli, Bengaluru, Karnataka, India – 560064
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
Financials of Kito India Private Limited FY 2024 filings available
Kito India Private Limited reported revenue of ₹34.02 Cr (up 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Kito India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 51% growth in the latest year. EBITDA rose 102% 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 Kito India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹34.02 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.04 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 of Kito India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 23.6% | •••• | •••• | •••• | •••• |
| 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 Kito India are in the company report.
Financial statements from 2015
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 Kito India Private Limited
Kito India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stalwart Elevators Products Private Limited | ₹35.23 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Major Construction Equipments Company Private Limited | ₹35.06 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Trimech Engineers Private Limited | ₹34.98 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| Fonty Supply Chain Solutions Private Limited | ₹34.43 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Bhopal, Madhya Pradesh, India |
| United Engitech Private Limited | ₹34.15 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Jamshedpur, Jharkhand, India |
| Kito India Private Limited this company | ₹34.02 Cr (FY 2023) | •••• | •••• | 51.0% | •••• | Bengaluru, Karnataka, India |
| Alimak Group India Private Limited | ₹33.42 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Secunderabad, Telangana, India |
| Kepro Tools and Equipments Private Limited | ₹33.28 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Ashtech-Vaishnavi Engineering Private Limited | ₹33.27 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Dynamic Rubbers Pvt. Ltd. | ₹33.14 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ahmedabad, Gujarat, India |
| Firefox Elevators Private Limited | ₹32.98 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Kito India by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kito India Private Limited
Kito India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | 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 Kito India Private Limited
Kito India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| So Enomoto | Director | 04 Jul 2024 | 2 Years 3 Months | Current |
| Preet Heston Heri | Managing Director | 15 Jun 1998 | 28 Years 4 Months | Current |
Ownership and Shareholding of Kito India 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 Kito India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | State Bank of India | ₹20.34 Lakh | Open |
| 03 Nov 2023 | State Bank of India | ₹10.36 Lakh | Satisfied |
| 03 Nov 2023 | State Bank of India | ₹10.3 Lakh | Satisfied |
| 03 Nov 2023 | State Bank of India | ₹20.34 Lakh | Satisfied |
| 03 Nov 2023 | State Bank of India | ₹20.18 Lakh | Satisfied |
Total charge records: 26 View all charges
Deals & Funding of Kito India Private Limited
Kito India Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹32.33 Cr; the latest was in September 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Funding round | ₹82.8 Lakh | Investors: Kito Corporation |
| Mar 2018 | Rights issue | ₹5.59 Cr | Investors: Kito Corporation |
| Nov 2016 | Funding round | ₹11.5 Cr | Investors: Kito Corporation |
| Jun 2015 | Funding round | ₹20 Cr | Investors: Kito Corporation |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Kito Corporation, Kito Philippines Inc Seller: 4 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Kito India Private Limited
Kito India Private Limited has 10 court cases on record: 7 filed by Kito India, 3 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Samtek Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Samtek Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Samtek Technologies Private Limited | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Gail (India) Limited | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Kito India Private Limited
Kito India Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Kito India Private Limited
Kito India Private Limited has a workforce of 29 employees as of Apr 07, 2024.
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.
Name History of Kito India Private Limited
Kito India has undergone 2 name changes throughout its history. The company was previously known as Material Handling Engineers Private Limited, and Armsel Mhe Private Limited. The current legal name is Kito India Private Limited.
| Company Name | Status |
|---|---|
| Kito India Private Limited | Current |
| Material Handling Engineers Private Limited | Previous |
| Armsel Mhe Private Limited | Previous |
CIN History of Kito India Private Limited
Kito India has one previous CIN (Corporate Identification Number): U72206KA1981PTC004248. The current CIN is U74140KA1981PTC004248, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140KA1981PTC004248 | Current |
| U72206KA1981PTC004248 | Previous |
Recent Activity on Kito India Private Limited
Kito India Private Limited has 16 board changes on record since 1998: 3 appointments and 13 cessations. The latest: So Enomoto ceased to be Additional Director on 08 Jun 2025.
65 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kito India 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.
Subsidiaries & Group Companies of Kito India 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 Kito India Private Limited
Kito India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1443P1Z5 | Karnataka | Active | 01 Jul 2017 |
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 Kito India 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 Kito India Private Limited
Kito India is an active private limited company based in Bengaluru, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 03 June 1981 (45+ years old) and is registered under CIN U74140KA1981PTC004248.
Kito India reported revenue of ₹34.02 Cr for FY 2023 (up 51% YoY).
Kito India has 2 current directors:
- Preet Heston Heri - Managing Director
- So Enomoto - Director
Kito India reported a net profit of ₹8.04 Cr (net margin 23.6%) and EBITDA of ₹5.9 Cr (EBITDA margin 17.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kito India is 29% over three years and 12% over five years. In the latest year (FY 2023) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kito India is 29AABCM1443P1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kito India is U74140KA1981PTC004248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kito India has 10 court cases on record: 7 filed by the company and 3 filed against it. Most are in the district courts.
Kito India was incorporated on 03 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Kito India has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹32.33 Cr; the latest was in September 2018.
The peers of Kito India by revenue are Stalwart Elevators Products Private Limited, Major Construction Equipments Company Private Limited, Trimech Engineers Private Limited, Fonty Supply Chain Solutions Private Limited, United Engitech Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
So Enomoto ceased to be Additional Director on 08 Jun 2025. So Enomoto was appointed as Director on 04 Jul 2024. Hiroshi Kobata ceased to be Director on 25 May 2022. Kito India has 16 board changes on record in total.