MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0042386
Konnet Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹55.53 Cr
▼ 10% YoY
Net profit · FY 2025
₹2.78 Cr
Net margin 5%
EBITDA · FY 2025
₹4.15 Cr
EBITDA margin 7.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹1.3 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
33
Provident fund records
About Konnet Solutions Private Limited
Data last updated:
Konnet Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2000PTC015527. Its GSTIN is 27AAACF6265H1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹4.5 Lakh. It was formerly known as Flair Technologies Private Limited. It is led by directors including Balkrishna Dattatraya Kondalkar (Managing Director) and Ashwini Balkrishna Kondalkar.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.53 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 5%) and EBITDA of ₹4.15 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 649% over three years and 32% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Konnet Solution. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹1.3 Cr on record.
Konnet Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0042386). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website konnet.co.in.
Company details
CIN U72900PN2000PTC015527
Registration Number 015527
Incorporation Date 08 November 2000
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0042386
Key People
Balkrishna Dattatraya Kondalkar Managing Director Ashwini Balkrishna Kondalkar Director Prashant Prabhakar Indulkar Director Recognitions & Rankings of Konnet Solutions
Contact details
Konnet Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is konnet.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address102 Shiv Shakti Complex Baner Road Near Bata Showroom S. No.288/1A/1 Bane, R, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Konnet Solutions Private Limited, buy the company report.
Comprehensive company report
Konnet Solutions 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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Secure checkout · GST invoice included
Brands
Konnet Solutions operates one associated brand: Konnet Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers video analytics solutions for enhanced security and surveillance applications. | konnet.co.in |
Business activity
The main business activity of Konnet Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Konnet Solutions Private Limited, buy the company report.
Financials of Konnet Solutions Private Limited
FY 2025 filings availableKonnet Solutions Private Limited reported revenue of ₹55.53 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹55.53 Cr ▼ 10%
Net profit · FY 2025
₹2.78 Cr margin 5%
EBITDA · FY 2025
₹4.15 Cr margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 649%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▼ 1%
5 years · compounded
▲ 40%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹55.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.78 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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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 | 7.5% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Konnet Solutions Private Limited, buy the company report.
Board of directors of Konnet Solutions Private Limited
Konnet Solutions has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balkrishna Dattatraya Kondalkar Also directs: Konnet Vian Private Limited | Managing Director | 08 Nov 2000 | 25 Years 11 Months | Current |
| Ashwini Balkrishna Kondalkar | Director | 31 Mar 2005 | 21 Years 6 Months | Current |
| Prashant Prabhakar Indulkar Also directs: Prisma Computing LLP, Lavish Fashion LLP | Director | 07 Jun 2013 | 13 Years 4 Months | Current |
| Ketan Havele Also directs: Netport22 Technologies LLP | Director | 03 May 2014 | 12 Years 5 Months | Current |
| Soham Balkrishna Kondalkar | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Konnet Solutions Private Limited is audited by P. C. PATIL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. C. PATIL & ASSOCIATES | FY 2023 | 123467W |
Shareholding
The shareholding of Konnet Solutions 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 Konnet Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
₹1.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2012 | 10336220 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 01 Nov 2010 | 10249357 | The Saraswat Co-Operative Bank Limited | ₹25 Lakh | Satisfied | |
| 09 Mar 2010 | 10208553 | The Saraswat Co-Operative Bank Limited | ₹40 Lakh | Satisfied | |
| 10 Oct 2003 | 90082882 | The Saraswat Co-Operative Bank Ltd. | ₹5 Lakh | Satisfied | |
| 10 Oct 2003 | 90092320 | The Saraswat Co-Operative Bank Ltd | ₹60 Lakh | Satisfied |
To see the full charge records of Konnet Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Konnet Solutions 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
No delayed payments to MSME suppliers are on our record for Konnet Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Konnet Solutions Private Limited has a workforce of 33 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
32%
GST
Konnet Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF6265H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Konnet Solutions Private Limited, buy the company report.
Recent activity
Konnet Solutions Private Limited has 9 board changes on record since 2000: 5 appointments and 4 cessations. The latest: Balkrishna Dattatraya Kondalkar ceased to be Director on 03 Mar 2023.
AGM
Konnet Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Konnet Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Balkrishna Dattatraya Kondalkar ceased to be Director.
Ceased
Soham Balkrishna Kondalkar ceased to be Additional Director.
Appointed
Soham Balkrishna Kondalkar was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 2.50 Cr registered on 27 Jan 2012 with Charge ID 10336220 was modified on 23 Mar 2016.
Ceased
Ketan Havele ceased to be Additional Director.
Ceased
Prashant Prabhakar Indulkar ceased to be Additional Director.
Appointed
Ketan Havele was appointed as Director.
Appointed
Prashant Prabhakar Indulkar was appointed as Director.
Charges
A charge registered on 10 Oct 2003 via Charge ID 90082882 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 23 Feb 2012.
Charges
A charge registered on 10 Oct 2003 via Charge ID 90092320 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 23 Feb 2012.
11 earlier events are in the company report.
Frequently asked questions
Konnet Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 November 2000 (26+ years old) and is registered under CIN U72900PN2000PTC015527.
Konnet Solutions has 5 current directors:
- Balkrishna Dattatraya Kondalkar - Managing Director
- Ashwini Balkrishna Kondalkar - Director
- Prashant Prabhakar Indulkar - Director
- Ketan Havele - Director
- Soham Balkrishna Kondalkar - Director
The latest financial statements of Konnet Solutions 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 2015 are in the company report.
The GSTIN of Konnet Solutions is 27AAACF6265H1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Konnet Solutions is U72900PN2000PTC015527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Konnet Solutions was incorporated on 08 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Balkrishna Dattatraya Kondalkar ceased to be Director on 03 Mar 2023. Soham Balkrishna Kondalkar ceased to be Additional Director on 28 Feb 2023. Soham Balkrishna Kondalkar was appointed as Director on 01 Dec 2017. Konnet Solutions has 9 board changes on record in total.
Yes, Konnet Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0042386).
Konnet Solutions can be reached through the website konnet.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Konnet Solutions is at 102 Shiv Shakti Complex Baner Road Near Bata Showroom S. No.2881A1 Bane, R, Pune, Maharashtra, India – 411045.