MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0000018
Kitply Industries Limited - manufacturing in Margherita, Assam, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹207.59 Cr
▲ 16% YoY
Net loss · FY 2024
₹9.97 Cr
Net margin -4.8%
EBITDA · FY 2024
-₹1.31 Cr
EBITDA margin -0.6%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹604.57 Cr
Satisfied ₹531.62 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
148
Provident fund records
About Kitply Industries Limited
Data last updated:
Kitply Industries Limited is a public limited company based in Margherita, Assam, India, a subsidiary of Plytinum Marketing Private Limited. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 26 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U20211AS1982PLC001969. Its GSTIN is 18AAACK8228P3ZW (Assam). The company holds 21 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Anand Kumar Mishra and Rekha Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Makum Pathar A.T.Road, Margherita, Assam, India – 786181.
As per the financials filed for FY 2024, the company reported a revenue of ₹207.59 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹9.97 Cr (net margin -4.8%) and EBITDA of -₹1.31 Cr (EBITDA margin -0.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
The company has about 148 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kitply. As per MCA filings, the company has open charges of ₹604.57 Cr and satisfied charges of ₹531.62 Cr on record. Court records list 452 cases involving the company, including 275 filed by the company and 178 filed against it; 66 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.66 Cr; the latest was in January 2019. Its 5 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 2 smaller; the largest is Aica Laminates India Private Limited with revenue of ₹231.82 Cr.
Kitply Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0000018). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitply.com.
Company details
CIN U20211AS1982PLC001969
Registration Number 001969
Incorporation Date 26 August 1982
ROC Guwahati
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Plytinum Marketing Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0000018
CIN history
Kitply Industries has one previous CIN (Corporate Identification Number): L20211AS1982PLC001969. The current CIN is U20211AS1982PLC001969, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20211AS1982PLC001969 | Current |
| L20211AS1982PLC001969 | Previous |
Recognitions & Rankings of Kitply Industries
Contact details
Kitply Industries Limited's registered office is in Margherita, Assam. Its website is kitply.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressMakum Pathar A.T.Road, Margherita, Assam, India – 786181
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Kitply Industries Limited, buy the company report.
Comprehensive company report
Kitply Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Kitply Industries operates one associated brand: Kitply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plywood is manufactured by Kitply in India since 1982. | kitply.com |
Business activity
The main business activity of Kitply Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Kitply Industries Limited, buy the company report.
Financials of Kitply Industries Limited
FY 2024 filings availableKitply Industries Limited reported revenue of ₹207.59 Cr (up 16% YoY) for FY 2024.
Revenue · FY 2024
₹207.59 Cr ▲ 16%
Net loss · FY 2024
₹9.97 Cr margin -4.8%
EBITDA · FY 2024
-₹1.31 Cr margin -0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 25%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 421%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 16% growth in the latest year. EBITDA fell 421% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.97 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -4.8% | ||||
| 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 Kitply Industries Limited, buy the company report.
Board of directors of Kitply Industries Limited
Kitply Industries has 5 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kumar Mishra | Director | 20 Nov 2021 | 4 Years 11 Months | Current |
| Rekha Ghosh Also directs: Sreeleathers Limited | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Bikash Shaw | Director | 12 Jan 2022 | 4 Years 9 Months | Current |
| Monisa Ghosh | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Sandip Sawalka | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
Peer comparison
Kitply Industries Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aica Laminates India Private Limited | ₹231.82 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Amulyamica Industries Private Limited | ₹215.4 Cr (FY 2024) | 1.0% | Tinsukia, Assam, India | |||
| Airo Lam Limited | ₹207.83 Cr (FY 2024) | 4.0% | Prantij, Gujarat, India | |||
| Kitply Industries Limitedthis company | ₹207.59 Cr (FY 2024) | -₹9.97 Cr | -4.8% | 16.0% | 148 | Margherita, Assam, India |
| Coast to Coast Designs Limited | ₹198.97 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Archit Nuwood Industries Limited | ₹198.53 Cr (FY 2024) | 29.0% | Tohana, Haryana, India |
To see the full peer comparison of Kitply Industries Limited, buy the company report.
Auditor
Kitply Industries Limited is audited by S K Agrawal and Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Agrawal and Co Chartered Accountants LLP | FY 2023 | 306033E |
Shareholding
The shareholding of Kitply Industries 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 Kitply Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹604.57 Cr
Satisfied charges
₹531.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2020 | 100319389 | Others | ₹250 Cr | Open | |
| 04 Jun 2019 | 100267785 | Others | ₹120 Cr | Open | |
| 04 Jun 2019 | 100267786 | Others | ₹130 Cr | Open | |
| 03 Mar 2004 | 90265991 | Industrial Investment Bank of India Ltd | ₹85 Lakh | Open | |
| 20 Mar 2002 | 90265863 | Bank of India | ₹8.46 Cr | Open |
To see the full charge records of Kitply Industries Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Kitply Industries Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.66 Cr; the latest was in January 2019.
Total deals
2
Funding rounds
2
Disclosed funding
₹1.66 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Funding round | ₹1 Cr | Investors: Plytinum Marketing Private Limited |
| Jan 2019 | Funding round | ₹65.6 Lakh | Investors: Srei Infrastructure Finance Limited , IDBI Bank Limited, State Bank of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kitply Industries Limited has 452 court cases on record: 275 filed by Kitply Industries, 178 filed against it. 66 cases are pending and 386 are disposed.
Total cases
452
Filed by the company
275
Filed against the company
178
Pending
66
Disposed
386
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 224 | 68 | 16 |
| District courts | 188 | 79 | 39 |
| Supreme Court | 18 | 13 | 1 |
| NCLAT | 18 | 16 | 10 |
| NCLT | 4 | 2 | 0 |
Cases on record (5 of 452)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Srei Equipment Finance Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Srei Equipment Finance Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Reserve Bank of India and Anr. | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against Ms CK Constructions India Pvt Ltd and 3 others | Pending |
| District court, Nashik, Maharashtra | Commercial suit | Filed by the company against Sicom Limited | Pending |
To see the full case history of Kitply Industries 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 Kitply Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kitply Industries Limited has a workforce of 148 employees on its EPFO records as of Mar 22, 2024, across 12 active EPFO establishments.
Employee count
148
Active EPFO establishments
12
Employee growth
19.35%
GST
Kitply Industries has 21 GST registrations: 12 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
21
Active
12
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAACK8228P3ZW | Assam | Active | 09 Mar 2018 |
| 07AAACK8228P1Z1 | Delhi | Active | 01 Jul 2017 |
| 08AAACK8228P1ZZ | Rajasthan | Active | 01 Jul 2017 |
| 09AAACK8228P1ZX | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kitply Industries Limited, buy the company report.
Recent activity
Kitply Industries Limited has 33 board changes on record since 2007: 5 appointments and 28 cessations. The latest: Anand Kumar Mishra ceased to be Additional Director on 30 Sep 2022.
AGM
Kitply Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kitply Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Guwahati.
Ceased
Anand Kumar Mishra ceased to be Additional Director.
Ceased
Bikash Shaw ceased to be Additional Director.
Appointed
Bikash Shaw was appointed as Director.
Ceased
Rekha Ghosh ceased to be Additional Director.
Ceased
Sandip Sawalka ceased to be Additional Director.
Appointed
Anand Kumar Mishra was appointed as Director.
Appointed
Rekha Ghosh was appointed as Director.
Appointed
Sandip Sawalka was appointed as Director.
Ceased
Trilok Kumar Rajgaria ceased to be Director.
Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 100319389 was registered on 27 Jan 2020.
75 earlier events are in the company report.
Frequently asked questions
Kitply Industries is an active public limited company based in Margherita, Assam, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 26 August 1982 (44+ years old) and is registered under CIN U20211AS1982PLC001969.
Kitply Industries has 5 current directors:
- Anand Kumar Mishra - Director
- Rekha Ghosh - Director
- Bikash Shaw - Director
- Monisa Ghosh - Director
- Sandip Sawalka - Director
The latest financial statements of Kitply Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kitply Industries is 18AAACK8228P3ZW, registered in Assam. The company has 21 GST registrations in all, of which 12 are active and 9 are cancelled or inactive. Other active GSTINs include 07AAACK8228P1Z1 (Delhi), 08AAACK8228P1ZZ (Rajasthan), 09AAACK8228P1ZX (Uttar Pradesh).
The CIN (Corporate Identification Number) of Kitply Industries is U20211AS1982PLC001969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kitply Industries has 452 court cases on record: 275 filed by the company and 178 filed against it. 66 are pending. Most are in the high courts.
Kitply Industries was incorporated on 26 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Guwahati.
Kitply Industries has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.66 Cr; the latest was in January 2019.
The peers of Kitply Industries by revenue are Aica Laminates India Private Limited, Amulyamica Industries Private Limited, Airo Lam Limited, Coast to Coast Designs Limited, Archit Nuwood Industries Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Anand Kumar Mishra ceased to be Additional Director on 30 Sep 2022. Bikash Shaw ceased to be Additional Director on 30 Sep 2022. Bikash Shaw was appointed as Director on 12 Jan 2022. Kitply Industries has 33 board changes on record in total.
Yes, Kitply Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0000018).