About Kitron India Services Private Limited
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Kitron India Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Kitron A/S (Formerly Known As Bb Electronics A/S). It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32109TN2021PTC145867. Its GSTIN is 33AAICT8314M1Z0 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Hasse Faxe and Soy Joseph.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Module 49 & 50 II Nd Floor Sdf – III Building Phase – II Mepz SEZ NH 45 Tambaram, Chennai, Tamil Nadu, India – 600045.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.44 Lakh (net margin 10%) and EBITDA of ₹80.36 Lakh (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 402% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kitron.
For more details, the company can be reached via its website kitron.com.
Company details
Contact details
Kitron India Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kitron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressModule 49 & 50 II Nd Floor Sdf – III Building Phase – II Mepz SEZ NH 45 Tambaram, Chennai, Tamil Nadu, India – 600045
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kitron India Services 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
Brands
Kitron India Services operates one associated brand: Kitron. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic manufacturing services and circuit boards are provided in Scandinavia. | kitron.com |
Business activity
The main business activity of Kitron India Services is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Kitron India Services Private Limited, buy the company report.
Financials of Kitron India Services Private Limited
FY 2025 filings availableKitron India Services Private Limited reported revenue of ₹4.33 Cr (up 269% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 402% over three years, including 269% growth in the latest year. EBITDA rose 155% 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 |
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| EBITDA | ₹80.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹43.44 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18.6% | |||
| Net Profit Margin | 10% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Kitron India Services Private Limited, buy the company report.
Board of directors of Kitron India Services Private Limited
Kitron India Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasse Faxe | Director | 07 Nov 2022 | 3 Years 11 Months | Current |
| Soy Joseph Also directs: Sicame India Connectors Private Limited, Solarwinds India Private Limited, R3 Econsulting Private Limited and 1 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Mona Cathrin Nylander | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Kitron India Services Private Limited is audited by Varma & Varma for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma | FY 2024 | 004532S |
Shareholding
The shareholding of Kitron India Services Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kitron India Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kitron India Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Kitron India Services Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 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 |
|---|---|---|---|
| an individual supplier | |||
| Luna Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kitron India Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kitron India Services Private Limited has a workforce of 13 employees on its EPFO records as of Apr 21, 2025, across 1 active EPFO establishment.
GST
Kitron India Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICT8314M1Z0 | Tamil Nadu | Active | 03 Nov 2021 |
| 33AAICT8314M2ZZ | Tamil Nadu | Active | 27 Jun 2023 |
To see the full GST registrations and return filing status of Kitron India Services Private Limited, buy the company report.
Recent activity
Kitron India Services Private Limited has 8 board changes on record since 2021: 3 appointments and 5 cessations. The latest: Mona Cathrin Nylander ceased to be Additional Director on 26 Sep 2024.
Frequently asked questions
Kitron India Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 September 2021 (5+ years old) and is registered under CIN U32109TN2021PTC145867.
Kitron India Services has 3 current directors:
- Hasse Faxe - Director
- Soy Joseph - Director
- Mona Cathrin Nylander - Director
The latest financial statements of Kitron India Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Kitron India Services is 33AAICT8314M1Z0, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICT8314M2ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Kitron India Services is U32109TN2021PTC145867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kitron India Services was incorporated on 01 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Mona Cathrin Nylander ceased to be Additional Director on 26 Sep 2024. Mona Cathrin Nylander was appointed as Director on 23 Aug 2024. Carsten Juul Christensen ceased to be Additional Director on 30 Dec 2022. Kitron India Services has 8 board changes on record in total.
Kitron India Services has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Kitron India Services can be reached through the website kitron.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Kitron India Services is at Module 49 & 50 II Nd Floor Sdf – III Building Phase – II Mepz SEZ NH 45 Tambaram, Chennai, Tamil Nadu, India – 600045.
Kitron India Services operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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