MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0016080
Kitz India Private Limited - machinery and equipment in Vasai Road, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.77 Cr
▼ 25% YoY
Net profit · FY 2025
₹12.96 Cr
Net margin 14.3%
EBITDA · FY 2025
₹20.09 Cr
EBITDA margin 22.1%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹5.19 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹7.66 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
206
Provident fund records
About Kitz India Private Limited
Data last updated:
Kitz India Private Limited is a private limited company based in Vasai Road, Maharashtra, India, a subsidiary of Kitz Corporation Of Asia Pacific Pte Ltd. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 03 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH2001PTC131472. Its GSTIN is 27AACCM6130A1Z1 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹5.19 Lakh. It was formerly known as Micro Pneumatics Private Limited. It is led by directors including Viswanathan Veera Raghavan (Managing Director) and Taketoshi Kanai.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 133 – 134 Vasai Municipal Industrial Area Umela Phata Papdy Vasai Road(West), Maharashtra, India – 401207.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.77 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹12.96 Cr (net margin 14.3%) and EBITDA of ₹20.09 Cr (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.
The company has about 206 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Micro Pneumatics. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹7.66 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in February 2015. The company has 18 MSME Form 1 returns on record between 2019 and 2023, listing 4,037 overdue payments to 77 micro and small suppliers.
Kitz India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0016080). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micropneumatics.in.
Company details
CIN U32109MH2001PTC131472
Registration Number 131472
Incorporation Date 03 April 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Kitz Corporation Of Asia Pacific Pte Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0016080
Key People
Viswanathan Veera Raghavan Managing Director Taketoshi Kanai Director Yukinari Koide Director Recognitions & Rankings of Kitz India
Contact details
Kitz India Private Limited's registered office is in Vasai Road, Maharashtra. Its website is micropneumatics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 133 – 134 Vasai Municipal Industrial Area Umela Phata Papdy Vasai Road(West), Maharashtra, India – 401207
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Kitz India Private Limited, buy the company report.
Comprehensive company report
Kitz India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Kitz India operates one associated brand: Micro Pneumatics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial valves and actuators in India. | micropneumatics.in |
Business activity
The main business activity of Kitz India 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 Kitz India Private Limited, buy the company report.
Financials of Kitz India Private Limited
FY 2024 filings availableKitz India Private Limited reported revenue of ₹90.77 Cr (down 25% YoY) for FY 2025.
Revenue · FY 2025
₹90.77 Cr ▼ 25%
Net profit · FY 2025
₹12.96 Cr margin 14.3%
EBITDA · FY 2025
₹20.09 Cr margin 22.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 8%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 9%
5 years · compounded
▲ 16%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.96 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.1% | ||||
| Net Profit Margin | 14.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kitz India Private Limited, buy the company report.
Board of directors of Kitz India Private Limited
Kitz India has 10 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taketoshi Kanai | Director | 16 May 2018 | 8 Years 5 Months | Current |
| Viswanathan Veera Raghavan | Managing Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Yukinari Koide | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Kazuhiko Hirabayashi | Director | 26 Sep 2019 | 7 Years 1 Months | Current |
| Yasuhiko Wada | Director | 28 Sep 2022 | 4 Years 1 Months | Current |
| Tatsufumi Hiroki Yoshida Also directs: Kitz Valve & Actuation India Private Limited | Director | 26 Sep 2024 | 2 Years 1 Months | Current |
Showing 6 of 10 current directors. View all directors
Auditor
Kitz India Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2023 | 121750W/W100010 |
Shareholding
The shareholding of Kitz 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 Kitz India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹7.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2016 | 100069109 | Others | ₹3 Cr | Open | |
| 10 Feb 2011 | 10274482 | Indian Bank | ₹1.97 Cr | Satisfied | |
| 11 Mar 2010 | 10209575 | Bassein Catholic Co-Operative Bank Limited | ₹70 Lakh | Satisfied | |
| 29 Jan 2009 | 10144048 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 25 Sep 2006 | 10025342 | Indian Bank | ₹2 Cr | Satisfied |
To see the full charge records of Kitz India Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Kitz India Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2015.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Kitz Corporation, Kitz Corporation of Asia Pacific Pte Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kitz India Private Limited has 4 court cases on record: 3 filed by Kitz India, 1 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Galaxy Iec India Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| High Court of Kerala | Writ petition | Filed against the company by Kerala State Co-Operative Consumers Federation Ltd | Disposed |
To see the full case history of Kitz 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
Kitz India Private Limited has 18 MSME Form 1 returns on record between 2019 and 2023, listing 4,037 overdue payments to 77 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 (5 of 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Universal Technocast | |||
| Amisa Engineering Private Limited | |||
| Vimax Technocast Private Limited | |||
| Isg Rubber Industries | |||
| Surendra Process Works |
To see the full MSME payment records of Kitz India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kitz India Private Limited has a workforce of 206 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
206
Active EPFO establishments
1
Employee growth
10.16%
GST
Kitz India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM6130A1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 24AACCM6130A1Z7 | Gujarat | Active | 25 Jun 2025 |
To see the full GST registrations and return filing status of Kitz India Private Limited, buy the company report.
Recent activity
Kitz India Private Limited has 28 board changes on record since 2015: 10 appointments and 18 cessations. The latest: Toshiyuki Tamura was appointed as Additional Director on 15 Oct 2025.
Appointed
Toshiyuki Tamura was appointed as Additional Director.
Ceased
Yasunori Sugita ceased to be Additional Director.
Appointed
Yasunori Sugita was appointed as Director.
Ceased
Hiroshi Nozawa ceased to be Director.
Ceased
Takaaki Yoshiaki Kobayashi ceased to be Director.
AGM
Kitz India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Ceased
Kazuhiko Hirabayashi ceased to be Director.
Appointed
Kazuhiro Giichi Yazawa was appointed as Director.
Appointed
Tatsufumi Hiroki Yoshida was appointed as Director.
Ceased
Yasuhiko Wada ceased to be Director.
Filing
Kitz India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Kenichi Bessho ceased to be Additional Director.
43 earlier events are in the company report.
Frequently asked questions
Kitz India is an active private limited company based in Vasai Road, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 03 April 2001 (25+ years old) and is registered under CIN U32109MH2001PTC131472.
Kitz India has 10 current directors:
- Viswanathan Veera Raghavan - Managing Director
- Taketoshi Kanai - Director
- Yukinari Koide - Director
- Kazuhiko Hirabayashi - Director
- Yasuhiko Wada - Director
- Tatsufumi Hiroki Yoshida - Director
- Kazuhiro Giichi Yazawa - Director
- Kenichi Bessho - Director
- Yasunori Sugita - Director
- Toshiyuki Tamura - Additional Director
The latest financial statements of Kitz India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kitz India is 27AACCM6130A1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCM6130A1Z7 (Gujarat).
The CIN (Corporate Identification Number) of Kitz India is U32109MH2001PTC131472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kitz India has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Kitz India was incorporated on 03 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Kitz India has 1 deal on record (1 secondary share transfer); the latest was in February 2015.
Toshiyuki Tamura was appointed as Additional Director on 15 Oct 2025. Yasunori Sugita ceased to be Additional Director on 24 Sep 2025. Yasunori Sugita was appointed as Director on 06 Aug 2025. Kitz India has 28 board changes on record in total.
Yes, Kitz India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0016080).
Kitz India has 18 MSME Form 1 returns on record between 2019 and 2023, listing 4,037 overdue payments to 77 micro and small suppliers. The latest return was filed on 15 Dec 2023.