- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0075027

About Kito India Private Limited
Data last updated:
Kito India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Kito Corporation. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 June 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA1981PTC004248. Its GSTIN is 29AABCM1443P1Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.76 Cr. It was formerly known as Material Handling Engineers Private Limited and Armsel Mhe Private Limited. It is led by directors Preet Heston Heri (Managing Director) and So Enomoto.
Its last annual general meeting (AGM) was held on 09 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Sy No.118/2 80 Feet Road Jakkur Post Yelahanka Hobli, Bengaluru, Karnataka, India – 560064.
As per the financials filed for FY 2023, the company reported a revenue of ₹34.02 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Cr (net margin 23.6%) and EBITDA of ₹5.9 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.34 Lakh and satisfied charges of ₹29.25 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹32.33 Cr; the latest was in September 2018. Its 5 peer companies in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Major Construction Equipments Company Private Limited with revenue of ₹35.06 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 2 micro and small suppliers.
Kito India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0075027). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kito.co.in.
Company details
Name history
Kito India has undergone 2 name changes throughout its history. The company was previously known as Material Handling Engineers Private Limited, and Armsel Mhe Private Limited. The current legal name is Kito India Private Limited.
| Company Name | Status |
|---|---|
| Kito India Private Limited | Current |
| Material Handling Engineers Private Limited | Previous |
| Armsel Mhe Private Limited | Previous |
CIN history
Kito India has one previous CIN (Corporate Identification Number): U72206KA1981PTC004248. The current CIN is U74140KA1981PTC004248, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140KA1981PTC004248 | Current |
| U72206KA1981PTC004248 | Previous |
Recognitions & Rankings of Kito India
Contact details
Kito India Private Limited's registered office is in Bengaluru, Karnataka. Its website is kito.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No.118/2 80 Feet Road Jakkur Post Yelahanka Hobli, Bengaluru, Karnataka, India – 560064
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Kito India 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
Financials of Kito India Private Limited
FY 2024 filings availableKito India Private Limited reported revenue of ₹34.02 Cr (up 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 51% growth in the latest year. EBITDA rose 102% 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 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 | ₹34.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.04 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 23.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kito India Private Limited, buy the company report.
Board of directors of Kito India Private Limited
Kito India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| So Enomoto | Director | 04 Jul 2024 | 2 Years 4 Months | Current |
| Preet Heston Heri | Managing Director | 15 Jun 1998 | 28 Years 4 Months | Current |
Peer comparison
Kito India Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Major Construction Equipments Company Private Limited | ₹35.06 Cr (FY 2025) | -18.0% | Jabalpur, Madhya Pradesh, India | |||
| Trimech Engineers Private Limited | ₹34.98 Cr (FY 2025) | 63.0% | Ahmedabad, Gujarat, India | |||
| United Engitech Private Limited | ₹34.15 Cr (FY 2025) | -11.0% | Jamshedpur, Jharkhand, India | |||
| Kito India Private Limitedthis company | ₹34.02 Cr (FY 2023) | ₹8.04 Cr | 23.6% | 51.0% | 29 | Bengaluru, Karnataka, India |
| Ashtech-Vaishnavi Engineering Private Limited | ₹33.27 Cr (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Dynamic Rubbers Pvt. Ltd. | ₹33.14 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Kito India Private Limited, buy the company report.
Auditor
Kito India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Kito India 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 Kito India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2024 | 100865549 | State Bank of India | ₹20.34 Lakh | Open | |
| 03 Nov 2023 | 100818633 | State Bank of India | ₹10.36 Lakh | Satisfied | |
| 03 Nov 2023 | 100818634 | State Bank of India | ₹10.3 Lakh | Satisfied | |
| 03 Nov 2023 | 100818649 | State Bank of India | ₹20.34 Lakh | Satisfied | |
| 03 Nov 2023 | 100818665 | State Bank of India | ₹20.18 Lakh | Satisfied |
To see the full charge records of Kito India Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Kito India Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹32.33 Cr; the latest was in September 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Funding round | ₹82.8 Lakh | Investors: Kito Corporation |
| Mar 2018 | Rights issue | ₹5.59 Cr | Investors: Kito Corporation |
| Nov 2016 | Funding round | ₹11.5 Cr | Investors: Kito Corporation |
| Jun 2015 | Funding round | ₹20 Cr | Investors: Kito Corporation |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Kito Corporation, Kito Philippines Inc Seller: 4 individuals |
To see the full deal history of Kito India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kito India Private Limited has 10 court cases on record: 7 filed by Kito India, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Samtek Technologies Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Samtek Technologies Pvt Ltd. | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Gail India Limited | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Kito India 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
Kito India Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kito India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kito India Private Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Kito India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1443P1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kito India Private Limited, buy the company report.
Recent activity
Kito India Private Limited has 16 board changes on record since 1998: 3 appointments and 13 cessations. The latest: So Enomoto ceased to be Additional Director on 08 Jun 2025.
65 earlier events are in the company report.
Frequently asked questions
Kito India is an active private limited company based in Bengaluru, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 03 June 1981 (45+ years old) and is registered under CIN U74140KA1981PTC004248.
Kito India has 2 current directors:
- Preet Heston Heri - Managing Director
- So Enomoto - Director
The latest financial statements of Kito India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 09 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kito India is 29AABCM1443P1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kito India is U74140KA1981PTC004248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kito India has 10 court cases on record: 7 filed by the company and 3 filed against it. Most are in the district courts.
Kito India was incorporated on 03 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Kito India has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹32.33 Cr; the latest was in September 2018.
The peers of Kito India by revenue are Major Construction Equipments Company Private Limited, Trimech Engineers Private Limited, United Engitech Private Limited, Ashtech-Vaishnavi Engineering Private Limited, Dynamic Rubbers Pvt. Ltd, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
So Enomoto ceased to be Additional Director on 08 Jun 2025. So Enomoto was appointed as Director on 04 Jul 2024. Hiroshi Kobata ceased to be Director on 25 May 2022. Kito India has 16 board changes on record in total.
Yes, Kito India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0075027).
Kito India has 7 MSME Form 1 returns on record between 2020 and 2023, listing 15 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Aug 2023.

