- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0012516

About Kraftwork Solar Private Limited
Data last updated:
Kraftwork Solar Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U29307KL1999PTC013185. Its GSTIN is 32AABCK9840J1ZF (Kerala).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Kulathu Neelakanta Iyer (Managing Director) and Mahesh Kalathu Neelakantan.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 29/2862 Adithya Near Gandhi Square Poonithura, Kochi, Kerala, India – 682038.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.3 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹8.8 Lakh (net margin 1.2%) and EBITDA of ₹21.01 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 39% over five years.
The company is associated with 1 brand: Kraftwork. As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending.
Kraftwork Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0012516). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kraftworksolar.com.
Company details
Recognitions & Rankings of Kraftwork Solar
Contact details
Kraftwork Solar Private Limited's registered office is in Kochi, Kerala. Its website is kraftworksolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address29/2862 Adithya Near Gandhi Square Poonithura, Kochi, Kerala, India – 682038
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kraftwork Solar 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
Kraftwork Solar operates one associated brand: Kraftwork. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar energy systems including rooftop solar and water heaters for homes and businesses. | kraftworksolar.com |
Business activity
The main business activity of Kraftwork Solar is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Kraftwork Solar Private Limited, buy the company report.
Financials of Kraftwork Solar Private Limited
FY 2025 filings availableKraftwork Solar Private Limited reported revenue of ₹7.3 Cr (up 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 64% growth in the latest year. EBITDA rose 13% 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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| EBITDA | ₹21.01 Lakh | ||||
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| Net Profit (PAT) | ₹8.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Kraftwork Solar Private Limited, buy the company report.
Board of directors of Kraftwork Solar Private Limited
Kraftwork Solar has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kalathu Neelakantan | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Suresh Kumar Balakrishna Menon | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Vivek Balakrishnan Iyer Also directs: KNB Surveyors Pvt Ltd, Sunlane Cleantech Private Limited | Director | 28 Mar 2024 | 2 Years 7 Months | Current |
| Kulathu Neelakanta Iyer Also directs: KNB Surveyors Pvt Ltd | Managing Director | 03 Aug 1999 | 27 Years 3 Months | Current |
Auditor
Kraftwork Solar Private Limited is audited by JAKS AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAKS AND ASSOCIATES | FY 2023 | 001360S |
Shareholding
The shareholding of Kraftwork Solar 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 Kraftwork Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2024 | 100885019 | Others | ₹1.1 Cr | Open | |
| 24 Sep 2018 | 100209742 | Others | ₹20 Lakh | Satisfied | |
| 11 Nov 2006 | 10030314 | Andhra Bank | ₹5 Lakh | Satisfied | |
| 02 Aug 2000 | 90017901 | Andhra Bank | ₹1 Cr | Satisfied |
To see the full charge records of Kraftwork Solar Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Kraftwork Solar Private Limited has 7 court cases on record: 5 filed by Kraftwork Solar, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Court case (RP) | Filed against the company by The Kerala Coastal Area Development Corporation (Kscadc ) | Pending |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by The Kerala Costal Area Development Corporation | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against Enfinity Solar Solution Pvt.Ltd. | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against MSC Hostels and Resorts Pvt.Ltd. and 1 other | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Enfinity Solar Solution Private Limited. | Disposed |
To see the full case history of Kraftwork Solar 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
No delayed payments to MSME suppliers are on our record for Kraftwork Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kraftwork Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK9840J1ZF | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kraftwork Solar Private Limited, buy the company report.
Recent activity
Kraftwork Solar Private Limited has 9 board changes on record since 1999: 4 appointments and 5 cessations. The latest: Vivek Balakrishnan Iyer ceased to be Additional Director on 29 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Kraftwork Solar is an active private limited company based in Kochi, Kerala, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 August 1999 (27+ years old) and is registered under CIN U29307KL1999PTC013185.
Kraftwork Solar has 4 current directors:
- Kulathu Neelakanta Iyer - Managing Director
- Mahesh Kalathu Neelakantan - Director
- Suresh Kumar Balakrishna Menon - Director
- Vivek Balakrishnan Iyer - Director
The latest financial statements of Kraftwork Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kraftwork Solar is 32AABCK9840J1ZF, registered in Kerala.
The CIN (Corporate Identification Number) of Kraftwork Solar is U29307KL1999PTC013185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kraftwork Solar has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Kraftwork Solar was incorporated on 03 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ernakulam.
Vivek Balakrishnan Iyer ceased to be Additional Director on 29 Sep 2024. Vivek Balakrishnan Iyer was appointed as Director on 28 Mar 2024. Latha Neelakantan ceased to be Additional Director on 09 Jan 2021. Kraftwork Solar has 9 board changes on record in total.
Yes, Kraftwork Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0012516).
Kraftwork Solar can be reached through the website kraftworksolar.com. Its registered office is in Kochi, Kerala, India.

