Overview
- Listed on Stock Exchanges: NSE and BSE
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- ISO Certified and Nasscom Member Company
- 300+ Certified Developers (Salesforce, AWS and Odoo)
- CMMI Level 3 Certified Company
- 500+ Talented Workforce
- 40+ Trusted and Satisfied Worldwide Clients
- 500+ Projects Successfully Delivered
- 74% Repeat Business & 90% Client Retention Rate
- 24x7 Customer Support
Services
Milestones
2012
2012- Mr. Ratan Srivastava laid the foundation for Ksolves India Limited, with a small office in Indirapuram. The seed was sown with the name of Kartik Solution.
2014- The seed sown with the name of Kartik Solution was transformed into Ksolves India Pvt. Ltd. This year marks the evolution of Ksolves.
2014
2015
2015- Ksolves was certified by International Organization for Standardization(ISO) and became a NASSCOM member in the same year, hitting the double jackpot with two great achievements.
2016- Ksolves with its customer-driven approach maintained a smooth acceleration in the revenue. With that, this year saw a growth in the barrage of Ksolves, reaching 50+ employees.
2016
2017
2017- As the size of the team and dreams started to expand, Ksolves needed an extension in the working space, as well. This was the year when Ksolves moved to the swanky new office space in Noida. Not only that, Ksolves also crossed a milestone of 40+ clients at the same time.
2018- It was time for another milestone to be checked! Ksolves maintained a whopping retention rate of 80% with clients returning to us for the top-notch service.
2018
2019
2019- We launched the Ksolves Product Store with customized Odoo applications and themes. Soon after the launch, our efforts clicked off, and one of our products, Dashboard Ninja, became the #1 App on the Odoo App Store.
2020- Ksolves went public with its own IPO launched in National Stock Exchange, one of the largest stock exchanges in India.
2020
2021
2021- It was a remarkable year, we achieved CMMI Level 3 certification and expanded our workforce to 350+ employees. We witnessed substantial growth and collaborated with numerous small and medium-sized companies for our services. The year culminated on a high note as our CTO, Mr. Manish Gurnani, took centre stage at the Fintech Festival India in Mumbai.
- Ksolves is listed on the mainboards of both the NSE & BSE.
- Become an Odoo Gold Partner.
- Extended our workforce to 400+.
- Nominated for the Odoo Awards.
2022
2023
- Became a Salesforce Crest Partner
- Won the Nasscom SME Inspire Awards 2023
- Extended our workforce to 450+
- Extended our workforce to 500+
2024
Investors
- In Q1, Consolidated Revenue from Operations grew 33% YoY (31.57 cr. vs 23.79 cr.)
- In Q1, Profit After Tax (PAT) increased 18% YoY (8.95 cr. vs 7.59 cr.).
- Earnings per Share (EPS) demonstrated robust growth, ascending from Rs. 6.40 in Q1 FY23-24 to Rs. 7.55 in Q1 FY24-25.
- An Interim Dividend of Rs.8 per share was declared and distributed during the quarter, underscoring our commitment to returning value to shareholders.
- As of June 30, 2024, our total headcount stands at 520 employees.
- Think AI Expertise Buildup: Increased our team of expert Data Scientists and AI Engineers, and increased focus on GenAI research and training.
- ESOP Scheme: The board of directors has approved the implementation of an Employee Stock Ownership Plan (ESOP) to incentivize employees. Shareholders’ approval is currently being sought.
- Interim Dividend: Announced 1st interim dividend of Rs 8 per share on June 20, 2024 for FY 2024-25.
- Expansion into UAE: The Board has approved the establishment of a 100% subsidiary in the UAE to support and expand our customer base in the region.