Kworktech Innovative Interiors Private Limited

Kworktech Innovative Interiors Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC108858 Incorporated 21 December 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2023
₹27.07 Cr
▲ 233% YoY
Net profit · FY 2023
₹1.44 Cr
Net margin 5.3%
EBITDA · FY 2023
₹2.26 Cr
EBITDA margin 8.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹4.68 Cr
Satisfied ₹1 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Kworktech Innovative Interiors Private Limited

Data last updated:

Kworktech Innovative Interiors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 December 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC108858. Its GSTIN is 29AAGCK8917R1ZH (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Browny George and Rajakrishnan Pazhangot Kodur.

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 No 289 Vakil Garden City Thalaghathapura Kanakpura Road, Bangalore, Karnataka, India – 560062.

As per the financials filed for FY 2023, the company reported a revenue of ₹27.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 5.3%) and EBITDA of ₹2.26 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.

The company is associated with 1 brand: Kaizenworktech. As per MCA filings, the company has open charges of ₹4.68 Cr and satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Kworktech Innovative Interiors Private Limited
CIN U74999KA2017PTC108858
Registration Number 108858
Incorporation Date 21 December 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    No 289 Vakil Garden City Thalaghathapura Kanakpura Road, Bangalore, Karnataka, India – 560062
  • Industry
    Consumer Electronics & Durables, Furniture Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Kworktech Innovative Interiors Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Associated Brands with Kworktech Innovative Interiors Private Limited

Kworktech Innovative Interiors operates one associated brand: Kaizenworktech. Each brand links to its own profile.

BrandDescriptionWebsite
kaizenworktech.com

Business Activity of Kworktech Innovative Interiors Private Limited

The main business activity of Kworktech Innovative Interiors is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Kworktech Innovative Interiors Private Limited

Kworktech Innovative Interiors Private Limited is audited by C.K. Partha Sarathy & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
C.K. Partha Sarathy & Co.LockedLockedLocked
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Board of Directors of Kworktech Innovative Interiors Private Limited

Kworktech Innovative Interiors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Browny GeorgeDirector21 Dec 20178 Years 9 MonthsCurrent
Rajakrishnan Pazhangot KodurDirector21 Dec 20178 Years 9 MonthsCurrent

Financials of Kworktech Innovative Interiors Private Limited FY 2023 filings available

Kworktech Innovative Interiors Private Limited reported revenue of ₹27.07 Cr (up 233% YoY) for FY 2023.

Revenue · FY 2023
₹27.07 Cr ▲ 233%
Net profit · FY 2023
₹1.44 Cr margin 5.3%
EBITDA · FY 2023
₹2.26 Cr margin 8.3%

Compounded Annual Growth Rate (CAGR) of Kworktech Innovative Interiors Private Limited

Revenue CAGR growth
1 year
▲ 233%
3 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 41%
5 years · compounded
▲ 171%

Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 233% growth in the latest year. EBITDA rose 198% 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 Kworktech Innovative Interiors Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹27.07 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹2.26 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.44 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 Kworktech Innovative Interiors Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin8.3%••••••••••••••••
Net Profit Margin5.3%••••••••••••••••
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 Kworktech Innovative Interiors are in the company report.

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Financial statements from FY 2018

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Ownership and Shareholding of Kworktech Innovative Interiors Private Limited

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Charges & Borrowings of Kworktech Innovative Interiors Private Limited

Open charges
₹4.68 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Others₹4.68 Cr
Latest charge details
DateLenderAmountStatus
30 Sep 2021Others₹4.68 CrOpen
02 Mar 2019Others₹1 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Kworktech Innovative Interiors Private Limited

Employment history and EPFO contributions of people linked to Kworktech Innovative Interiors.

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GST Compliance of Kworktech Innovative Interiors Private Limited

Kworktech Innovative Interiors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCK8917R1ZHKarnatakaActive15 Feb 2018
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Credit Ratings, Litigation & Regulatory Alerts for Kworktech Innovative Interiors Private Limited

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MSME Payment Delays by Kworktech Innovative Interiors Private Limited

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Subsidiaries & Group Companies of Kworktech Innovative Interiors Private Limited

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MCA Filings & Documents of Kworktech Innovative Interiors Private Limited

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Recent Activity on Kworktech Innovative Interiors Private Limited

Charges
14 Dec 2023
A charge with Others of Rs. 467.80 Lakh registered on 30 Sep 2021 with Charge ID 100490955 was modified on 14 Dec 2023.
Activity
30 Sep 2023
Kworktech Innovative Interiors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Activity
31 Mar 2023
Kworktech Innovative Interiors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
16 Oct 2021
A charge registered on 02 Mar 2019 via Charge ID 100261121 with Others was fully satisfied on 16 Oct 2021.
Charges
30 Sep 2021
A charge with Others amounted to Rs. 467.80 Lakh with Charge ID 100490955 was registered on 30 Sep 2021.
Charges
02 Mar 2019
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100261121 was registered on 02 Mar 2019.

Frequently Asked Questions about Kworktech Innovative Interiors Private Limited

Kworktech Innovative Interiors is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 December 2017 (9+ years old) and is registered under CIN U74999KA2017PTC108858.

Kworktech Innovative Interiors reported revenue of ₹27.07 Cr for FY 2023 (up 233% YoY).

Kworktech Innovative Interiors has 2 current directors:

Kworktech Innovative Interiors reported a net profit of ₹1.44 Cr (net margin 5.3%) and EBITDA of ₹2.26 Cr (EBITDA margin 8.3%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Kworktech Innovative Interiors is 36% over three years. In the latest year (FY 2023) revenue rose 233%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Kworktech Innovative Interiors is 29AAGCK8917R1ZH, registered in Karnataka.

The CIN (Corporate Identification Number) of Kworktech Innovative Interiors is U74999KA2017PTC108858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kworktech Innovative Interiors has 1 court case on record: 1 filed against it. 1 is pending.

Kworktech Innovative Interiors was incorporated on 21 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

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