K2 Systems Limited

Provides software development, consulting, and outsourcing services for various technologies and business processes.

1989 | Hyderabad, Telangana (India) | Active
Last Updated:

K2 Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.94 M
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 3.83 M
  • Revenue Growth 20.40%
  • Profit Growth 54.11%
  • Ebitda -15.07%
  • Net Worth 6.52%
  • Total Assets -99.04%

About K2 Systems

K2 Systems Limited (KSL) is a Public Limited Indian Non-Government Company incorporated in India on 03 July 1989 and has a history of 35 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Rescursion Software Ltd. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.94 M.

The company currently has active open charges totaling ₹3.83 M.

Akella Katyayani, Akella Rajesh, and Vamshikrishna Yelawarthi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200TG1989PLC010200

  • Company No.

    010200

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1989

  • Date of AGM

    27 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Company report

K2 Systems Limited

Explore comprehensive data for K2 Systems Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at K2 Systems?

Board Members (3)

NameDesignationAppointment DateStatus
Akella Katyayani Country flag representing In Director 11-Mar-2019Current
Akella Rajesh Country flag representing In Director 28-Oct-2017Current
Vamshikrishna Yelawarthi Country flag representing In Additional Director 12-Nov-2020Current

Financial Performance of K2 Systems.

K2 Systems Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 20.4% increase. The company also saw a substantial improvement in profitability, with a 54.11% increase in profit. The company's net worth moved up by a moderate rise of 6.52%.

K2 Systems revenue growth over time
K2 Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.40%
Revenue from Operations
Total Assets
-99.04%
Profit or Loss
54.11%
Net Worth
6.52%
EBITDA
-15.07%

What is the Ownership and Shareholding Structure of K2 Systems?

In 2016, K2 Systems had a promoter holding of 19.76% and a public holding of 80.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.38 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2001Syndicate Bank₹2.50 MOpen
29 Feb 2000Syndicate Bank₹0.33 MOpen
22 Jun 1995Syndicate Bank₹0.50 MOpen
02 Jun 1995Syndicate Bank₹0.50 MOpen

How Many Employees Work at K2 Systems?

Unlock and access historical data on people associated with K2 Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for K2 Systems Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of K2 Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped K2 Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on K2 Systems

Recent activity within the organization

  • Director Appointment

    Vamshikrishna Goud Yelawarthi was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2020 & has been associated with this company since 4 years 6 months .

  • Director Appointment

    Akella Katyayani was appointed as a Director was appointed as a Director on 11 Mar 2019 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Akella Venkata Rajesh was appointed as a Director was appointed as a Director on 28 Oct 2017 & has been associated with this company since 7 years 6 months .

  • Annual General Meeting

    K2 Systems Limited last Annual general meeting of members was held on 27 Sep 2017 as per latest MCA records.

  • Balance Sheet

    K2 Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Hyderabad.

  • Charges

    A charge with Syndicate Bank of Rs. 0.25 Cr registered on 19 Mar 2001 with Charge ID 90136631 was modified on 29 Jan 2007.

Frequently asked questions

  • What is the Incorporation or founding date of K2 Systems Limited?

    K2 Systems Limited was incorporated on 03 Jul 1989.

  • What is authorized share capital and paid-up capital of K2 Systems Limited?

    The authorized share capital of K2 Systems Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.94 M.

  • Who are the current board members & directors of K2 Systems Limited?

    Currently 3 directors are associated with K2 Systems Limited.

    • Akella Katyayani
    • Akella Venkata Rajesh
    • Vamshikrishna Goud Yelawarthi

  • What is the registered address of K2 Systems Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of K2 Systems Limited is Sy No. 47 Plot No.160 Sardar Patel Road, Secunderabad India, Hyderabad, Telangana, 500003.

  • What is the corporate identification number (CIN) and company number of K2 Systems Limited?

    The corporate identification number (CIN) of K2 Systems Limited is L72200TG1989PLC010200 and the company number is 010200 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of K2 Systems Limited?

    The Official website of K2 Systems Limited is https://www.k2sy.com

  • What has been the recent revenue trend for K2 Systems Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for K2 Systems Limited has risen by 20.40%.

  • What change has been observed in the net worth of K2 Systems Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of K2 Systems Limited has experienced an upsurge of 6.52%.

  • What are the total open charges for K2 Systems Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for K2 Systems Limited amount to ₹ 3.83 M.

  • When was the last Balance Sheet of K2 Systems Limited filed with the ROC?

    The most recent Balance Sheet for K2 Systems Limited was filed with the ROC on 31 Mar 2017.

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