- Category
- Small (2021-22)
- Udyam number
- UDYAM-KR-03-0094214

About Kinetix Solutions Private Limited
Data last updated:
Kinetix Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 19 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2006PTC039050. Its GSTIN is 29AACCK7940E1ZF (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹5.28 Lakh. It is led by directors Deepak Bhat (Whole-Time Director) and Udaya Prakash (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 58 Gm Arcade 5th Block Jyothi Nivas College Road Koramangala Industrial Layout, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2020, the company reported a revenue of ₹17.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.02 Cr (net margin 11.5%) and EBITDA of ₹3.82 Cr (EBITDA margin 21.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 29% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Kinetix Engineering. As per MCA filings, the company has open charges of ₹2.8 Cr on record. Court records list 21 cases involving the company, including 8 filed by the company and 13 filed against it; 7 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.21 Cr; the latest was in March 2018. Its 4 peer companies in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Rajlaxmi Hydraulics & Engineering Private Limited with revenue of ₹19.35 Cr.
Kinetix Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0094214). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kinetixengineering.com.
Company details
Recognitions & Rankings of Kinetix Solutions
Contact details
Kinetix Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is kinetixengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address58 Gm Arcade 5th Block Jyothi Nivas College Road Koramangala Industrial Layout, Bangalore, Karnataka, India – 560095
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Kinetix Solutions 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
Kinetix Solutions operates one associated brand: Kinetix Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of launch vehicles and launch control systems for large payloads | kinetixengineering.com |
Business activity
The main business activity of Kinetix Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kinetix Solutions Private Limited, buy the company report.
Financials of Kinetix Solutions Private Limited
FY 2020 filings availableKinetix Solutions Private Limited reported revenue of ₹17.53 Cr (up 216% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 216% growth in the latest year. EBITDA rose 325% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.53 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹3.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.02 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.8% | ||||
| Net Profit Margin | 11.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kinetix Solutions Private Limited, buy the company report.
Board of directors of Kinetix Solutions Private Limited
Kinetix Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bhat Also directs: Kinetix Engineering Solutions Limited | Whole-Time Director | 19 Apr 2006 | 20 Years 6 Months | Current |
| Udaya Prakash | Whole-Time Director | 10 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Kinetix Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic 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 |
|---|---|---|---|---|---|---|
| Rajlaxmi Hydraulics & Engineering Private Limited | ₹19.35 Cr (FY 2024) | 51.0% | Bhavnagar, Gujarat, India | |||
| Oilgear India Private Limited | ₹17.89 Cr (FY 2025) | 45.0% | Bangalore, Karnataka, India | |||
| Kinetix Solutions Private Limitedthis company | ₹17.53 Cr (FY 2020) | ₹2.02 Cr | 11.5% | 216.0% | 1 | Bangalore, Karnataka, India |
| Static Hydraulic Pvt Ltd | ₹17.49 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Machfox Hydraulics and Lubrication Systems Private Limited | ₹16.9 Cr (FY 2025) | 10.0% | Faridabad, Haryana, India |
To see the full peer comparison of Kinetix Solutions Private Limited, buy the company report.
Auditor
Kinetix Solutions Private Limited is audited by VENUGOPAL BHAT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENUGOPAL BHAT & CO | FY 2020 | 006506S |
Shareholding
The shareholding of Kinetix Solutions Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kinetix Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2010 | 10227959 | State Bank of India | ₹2.8 Cr | Open |
To see the full charge records of Kinetix Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Kinetix Solutions Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.21 Cr; the latest was in March 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2015 | Funding round | ₹16.17 Cr | Investors: C2r Projects LLP , 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Kinetix Solutions 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
Kinetix Solutions Private Limited has 21 court cases on record: 8 filed by Kinetix Solutions, 13 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 5 |
| High courts | 9 | 7 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by C2r Projects LLP | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Dynalog India Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Dynalog India Limited | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against C2r Projects LLP | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Dynalog India Limited | Pending |
To see the full case history of Kinetix 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 Kinetix Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kinetix Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Kinetix Solutions has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK7940E1ZF | Karnataka | Active | 01 Jul 2017 |
| 36AACCK7940E1ZK | Telangana | Active | 07 Jan 2021 |
| 09AACCK7940E1ZH | Uttar Pradesh | Active | 08 Apr 2021 |
To see the full GST registrations and return filing status of Kinetix Solutions Private Limited, buy the company report.
Recent activity
Kinetix Solutions Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Neeraj Kumarpal Shah ceased to be Director on 16 Mar 2020.
Frequently asked questions
Kinetix Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 19 April 2006 (20+ years old) and is registered under CIN U45201KA2006PTC039050.
Kinetix Solutions has 2 current directors:
- Deepak Bhat - Whole-Time Director
- Udaya Prakash - Whole-Time Director
The latest financial statements of Kinetix Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Kinetix Solutions is 29AACCK7940E1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AACCK7940E1ZK (Telangana), 09AACCK7940E1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Kinetix Solutions is U45201KA2006PTC039050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kinetix Solutions has 21 court cases on record: 8 filed by the company and 13 filed against it. 7 are pending. Most are in the district courts.
Kinetix Solutions was incorporated on 19 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Kinetix Solutions has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.21 Cr; the latest was in March 2018.
The peers of Kinetix Solutions by revenue are Rajlaxmi Hydraulics & Engineering Private Limited, Oilgear India Private Limited, Static Hydraulic Pvt Ltd, Machfox Hydraulics and Lubrication Systems Private Limited, all in the Machinery and Equipment industry (Hydraulic Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Neeraj Kumarpal Shah ceased to be Director on 16 Mar 2020. Chaitra Narasimha Bhat ceased to be Whole-Time Director on 23 Jun 2017. Shilpa Shree Ganesha ceased to be Whole-Time Director on 23 Jun 2017. Kinetix Solutions has 7 board changes on record in total.
Yes, Kinetix Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0094214).