About Kunnel Projects Private Limited
Data last updated:
Kunnel Projects Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 09 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45203KL1997PTC011846. Its GSTIN is 32AABCK6155A1Z4 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.11 Lakh. It is led by directors Maliakkal Varghese Antony (Managing Director) and Kannankeril Joseph Francis Xavier.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 40/483. J 3rd Floor Puthuran Plaza M.G Road Kpcc Jn, Ernakulam, Kerala, India – 682011.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18.12 Lakh (net margin 1.6%) and EBITDA of ₹20.91 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 247% over three years and 78% over five years.
As per MCA filings, the company has open charges of ₹81.41 Cr and satisfied charges of ₹2.44 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kunnel.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address40/483. J 3rd Floor Puthuran Plaza M.G Road Kpcc Jn, Ernakulam, Kerala, India – 682011
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Business Activity of Kunnel Projects Private Limited
The main business activity of Kunnel Projects is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kunnel Projects Private Limited FY 2023 filings available
Kunnel Projects Private Limited reported revenue of ₹11.06 Cr (up 3646% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Kunnel Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years. EBITDA fell 18% 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 Kunnel Projects 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 | ₹11.06 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹20.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.12 Lakh | •••• | •••• | •••• | •••• |
| 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 Kunnel Projects Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 Kunnel Projects 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 Kunnel Projects Private Limited
Kunnel Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maitri Infrastructure Private Limited | ₹11.07 Cr (FY 2025) | •••• | •••• | 305.0% | •••• | Mumbai, Maharashtra, India |
| Ramsukh Developers Private Limited | ₹11.07 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Regal Ventures Private Limited | ₹11.07 Cr (FY 2017) | •••• | •••• | 2101.0% | •••• | Bhubaneswar, Odisha, India |
| Vibrant Global Infraproject Private Limited | ₹11.06 Cr (FY 2021) | •••• | •••• | 3029.0% | •••• | Mumbai, Maharashtra, India |
| Je Innovative Engineering Private Limited | ₹11.06 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Bangalore, Karnataka, India |
| Kunnel Projects Private Limited this company | ₹11.06 Cr (FY 2023) | •••• | •••• | 3646.0% | •••• | Ernakulam, Kerala, India |
| Plus Max Infrastructure Private Limited | ₹11.06 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Tiruchengode, Tamil Nadu, India |
| Shiva Soltronics Private Limited | ₹11.05 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Jaipur, Rajasthan, India |
| Shailja Power Solutions Private Limited | ₹11.05 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bokaro, Jharkhand, India |
| Zi Infracon Private Limited | ₹11.04 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Blue Works Engineering Private Limited | ₹11.03 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Jammu, Jammu and Kashmir, India |
Peers are the five companies nearest above and the five nearest below Kunnel Projects by revenue in the Infrastructure industry (Construction Services), 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 Kunnel Projects Private Limited
Kunnel Projects Private Limited is audited by SANKAR & MOORTHY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANKAR & MOORTHY | 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 Kunnel Projects Private Limited
Kunnel Projects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maliakkal Varghese Antony Also directs: B S Herbal and Fruits Plantations Private Limited, B S Waterways Private Limited, CCC Zero Waste Private Limited and 4 more | Managing Director | 09 Oct 1997 | 29 Years 0 Months | Current |
| Kannankeril Joseph Francis Xavier Also directs: Kunnel Engineers and Contractors Pvt Ltd | Director | 24 Nov 1997 | 28 Years 10 Months | Current |
Ownership and Shareholding of Kunnel Projects 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 Kunnel Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2023 | Others | ₹34.2 Cr | Open |
| 05 Oct 2023 | Others | ₹3.76 Cr | Open |
| 10 Sep 2013 | Others | ₹13.2 Cr | Open |
| 08 Mar 2011 | Yes Bank Limited | ₹4.7 Cr | Open |
| 25 Jun 2007 | State Bank of India | ₹25.55 Cr | Open |
Total charge records: 6 View all charges
Legal Cases of Kunnel Projects Private Limited
Kunnel Projects Private Limited has 8 court cases on record: 2 filed by Kunnel Projects, 3 filed against it, 3 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Company is another party | Pending |
| District court, Ernakulam, Kerala | Court case (EA) | Filed against the company by an individual | Disposed |
| District court, Ernakulam, Kerala | Court case (EA) | Company is another party | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Court case (AS) | Filed against the company by an individual | Disposed |
Full case history
All 8 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.
Employees and EPFO Compliance at Kunnel Projects Private Limited
Employment history and EPFO contributions of people linked to Kunnel Projects.
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.
Group Structure of Kunnel Projects Private Limited
Kunnel Projects has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Kunnel Projects Private Limited
Kunnel Projects Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Kannankeril Joseph Francis Xavier was appointed as Director on 24 Nov 1997.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kunnel Projects 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.
MSME Payment Delays by Kunnel Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kunnel Projects 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 Kunnel Projects Private Limited
Kunnel Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK6155A1Z4 | Kerala | 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 Kunnel Projects 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 Kunnel Projects Private Limited
Kunnel Projects is an active private limited company based in Ernakulam, Kerala, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 09 October 1997 (29+ years old) and is registered under CIN U45203KL1997PTC011846.
Kunnel Projects reported revenue of ₹11.06 Cr for FY 2023 (up 3646% YoY).
Kunnel Projects has 2 current directors:
- Maliakkal Varghese Antony - Managing Director
- Kannankeril Joseph Francis Xavier - Director
Kunnel Projects reported a net profit of ₹18.12 Lakh (net margin 1.6%) and EBITDA of ₹20.91 Lakh (EBITDA margin 1.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kunnel Projects is 247% over three years and 78% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kunnel Projects is 32AABCK6155A1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of Kunnel Projects is U45203KL1997PTC011846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunnel Projects has 8 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Kunnel Projects was incorporated on 09 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kunnel Projects by revenue are Maitri Infrastructure Private Limited, Ramsukh Developers Private Limited, Regal Ventures Private Limited, Vibrant Global Infraproject Private Limited, Je Innovative Engineering Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Kannankeril Joseph Francis Xavier was appointed as Director on 24 Nov 1997. Maliakkal Varghese Antony was appointed as Managing Director on 09 Oct 1997.