MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0007886
KH Aircon Solutions Private Limited
KH Aircon Solutions Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹2.72 Cr
▼ 15% YoY
Net profit · FY 2019
₹20.47 Lakh
Net margin 7.5%
EBITDA · FY 2019
₹32.94 Lakh
EBITDA margin 12.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.09 Cr
Satisfied ₹35 Lakh
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About KH Aircon Solutions Private Limited
Data last updated:
KH Aircon Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29192KA2004PTC033882. Its GSTIN is 29AACCK4883E1ZB (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kuntinmadu Puttaiah Hareesh (Managing Director) and Rakesh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.103 1st Floor`Yamuna Block' National Games Housing Complex Koramangala, Bangalore, Karnataka, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.72 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹20.47 Lakh (net margin 7.5%) and EBITDA of ₹32.94 Lakh (EBITDA margin 12.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹1.09 Cr and satisfied charges of ₹35 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending.
KH Aircon Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007886). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U29192KA2004PTC033882
Registration Number 033882
Incorporation Date 06 May 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0007886
Key People
Kuntinmadu Puttaiah Hareesh Managing Director Rakesh Additional Director Chandrashekar Nagaraj Additional Director Recognitions & Rankings of KH Aircon Solutions
Contact details
KH Aircon Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.103 1st Floor`Yamuna Block' National Games Housing Complex Koramangala, Bangalore, Karnataka, India
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of KH Aircon Solutions Private Limited, buy the company report.
Comprehensive company report
KH Aircon 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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Financials of KH Aircon Solutions Private Limited
FY 2019 filings availableKH Aircon Solutions Private Limited reported revenue of ₹2.72 Cr (down 15% YoY) for FY 2019.
Revenue · FY 2019
₹2.72 Cr ▼ 15%
Net profit · FY 2019
₹20.47 Lakh margin 7.5%
EBITDA · FY 2019
₹32.94 Lakh margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 15%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 30%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 15% fall in the latest year. EBITDA rose 4% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.72 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.47 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 7.5% | ||||
| 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 KH Aircon Solutions Private Limited, buy the company report.
Board of directors of KH Aircon Solutions Private Limited
KH Aircon Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh | Additional Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Kuntinmadu Puttaiah Hareesh | Managing Director | 06 May 2004 | 22 Years 5 Months | Current |
| Chandrashekar Nagaraj | Additional Director | 07 Dec 2020 | 5 Years 10 Months | Current |
Auditor
KH Aircon Solutions Private Limited is audited by OSTAWAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OSTAWAL & ASSOCIATES | FY 2019 | 016507S |
Shareholding
The shareholding of KH Aircon Solutions Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of KH Aircon Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.09 Cr
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2012 | 10397546 | Corporation Bank | ₹1 Cr | Open | |
| 25 Jun 2005 | 80063842 | The Federal Bank Ltd | ₹9 Lakh | Open | |
| 22 Sep 2011 | 10314201 | Syndicate Bank | ₹35 Lakh | Satisfied |
To see the full charge records of KH Aircon Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
KH Aircon Solutions Private Limited has 8 court cases on record: 2 filed by KH Aircon Solutions, 6 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S GMP Technical Solutions Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M R Pro Tech Pvt Ltd | Disposed |
| District court, East, Delhi | Commercial suit | Filed against the company by M/S. Servokon Systems Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Rajco Metal Industries Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Mr Pro Tech Pvt Ltd | Pending |
To see the full case history of KH Aircon Solutions 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 KH Aircon Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
KH Aircon Solutions Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
KH Aircon Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK4883E1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KH Aircon Solutions Private Limited, buy the company report.
Recent activity
KH Aircon Solutions Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Chandrashekar Nagaraj was appointed as Additional Director on 07 Dec 2020.
Appointed
Chandrashekar Nagaraj was appointed as Additional Director.
AGM
Kh Aircon Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Kh Aircon Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Ceased
Kavitha Nanjangud Keerthi ceased to be Director.
Appointed
Rakesh was appointed as Additional Director.
Charges
A charge with Corporation Bank of Rs. 100.00 Lakh registered on 27 Dec 2012 with Charge ID 10397546 was modified on 28 Nov 2014.
Charges
A charge registered on 22 Sep 2011 via Charge ID 10314201 with Syndicate Bank was fully satisfied on 18 Feb 2013.
Charges
A charge with Corporation Bank amounted to Rs. 100.00 Lakh with Charge ID 10397546 was registered on 27 Dec 2012.
Charges
A charge with Syndicate Bank amounted to Rs. 35.00 Lakh with Charge ID 10314201 was registered on 22 Sep 2011.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 9.00 Lakh with Charge ID 80063842 was registered on 25 Jun 2005.
Appointed
Kuntinmadu Puttaiah Hareesh was appointed as Managing Director.
Incorporation
06 May 2004
Kh Aircon Solutions Private Limited was registered on 06 May 2004 with Roc Bangalore & aged 22 years 5 months as per MCA records.
Frequently asked questions
KH Aircon Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 May 2004 (22+ years old) and is registered under CIN U29192KA2004PTC033882.
KH Aircon Solutions has 3 current directors:
- Kuntinmadu Puttaiah Hareesh - Managing Director
- Rakesh - Additional Director
- Chandrashekar Nagaraj - Additional Director
The latest financial statements of KH Aircon Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of KH Aircon Solutions is 29AACCK4883E1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of KH Aircon Solutions is U29192KA2004PTC033882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KH Aircon Solutions has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
KH Aircon Solutions was incorporated on 06 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Chandrashekar Nagaraj was appointed as Additional Director on 07 Dec 2020. Kavitha Nanjangud Keerthi ceased to be Director on 15 Dec 2016. Rakesh was appointed as Additional Director on 15 Dec 2016. KH Aircon Solutions has 4 board changes on record in total.
Yes, KH Aircon Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0007886).
The registered office of KH Aircon Solutions is at No.103 1st Floor`Yamuna Block National Games Housing Complex Koramangala, Bangalore, Karnataka, India.