Karwa Commercial Private Limited
About Karwa Commercial Private Limited
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Karwa Commercial Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 26 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1991PTC060491. Its GSTIN is 27AAACK8546N1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.9 Lakh. It was formerly known as Shree Vijay Commercial Company Private Limited. It is led by directors including Narayan Karwa (Managing Director) and Nandkishore Karwa.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 308 Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.24 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹17.79 Lakh (net margin 0.5%) and EBITDA of ₹27.25 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 8% over five years.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karwa Commercial Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address308 Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Karwa Commercial 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
Business activity
The main business activity of Karwa Commercial is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Karwa Commercial Private Limited, buy the company report.
Financials of Karwa Commercial Private Limited
FY 2025 filings availableKarwa Commercial Private Limited reported revenue of ₹37.24 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 62% 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 |
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| Total Expenses | |||||
| EBITDA | ₹27.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Karwa Commercial Private Limited, buy the company report.
Board of directors of Karwa Commercial Private Limited
Karwa Commercial has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkishore Karwa Also directs: Karwa Retail Private Limited, Karwa Agencies Private Limited, SNC Agencies Private Limited and 5 more | Director | 14 Sep 1992 | 34 Years 1 Months | Current |
| Nilesh Nandkishore Karwa Also directs: Karwa Retail Private Limited, Karwa Agencies Private Limited, SNC Agencies Private Limited and 1 more | Director | 29 Sep 2004 | 22 Years 1 Months | Current |
| Rashi Karwa Also directs: Konark Papers LLP | Director | 10 Jul 2022 | 4 Years 4 Months | Current |
| Nitin Karwa Also directs: SNC Agencies Private Limited, Konark Papers LLP | Director | 29 Sep 2004 | 22 Years 1 Months | Current |
| Narayan Karwa Also directs: Karwa Retail Private Limited, SNC Agencies Private Limited, N K Overseas Traders Private Limited and 3 more | Managing Director | 26 Feb 1991 | 35 Years 8 Months | Current |
| Manju Karwa | Director | 12 May 2016 | 10 Years 6 Months | Current |
Peer comparison
Karwa Commercial Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Volant Exim Private Limited | ₹37.27 Cr (FY 2025) | 117.0% | Kolkata, West Bengal, India | |||
| Graffiti (India) Private Limited | ₹37.25 Cr (FY 2025) | -8.0% | Ahmedabad, Gujarat, India | |||
| Karwa Commercial Private Limitedthis company | ₹37.24 Cr (FY 2024) | ₹17.79 Lakh | 0.5% | -22.0% | Mumbai, Maharashtra, India | |
| A.K.P Confra Private Limited | ₹36.66 Cr (FY 2025) | 17.0% | Cuttack, Odisha, India |
To see the full peer comparison of Karwa Commercial Private Limited, buy the company report.
Auditor
Karwa Commercial Private Limited is audited by Paresh Vora & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paresh Vora & Associates | FY 2023 | 1108090W |
Shareholding
The shareholding of Karwa Commercial 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 Karwa Commercial Private Limited, buy the company report.
Legal cases
Karwa Commercial Private Limited has 7 court cases on record: 5 filed by Karwa Commercial, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMW) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against an individual | Disposed |
To see the full case history of Karwa Commercial 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 Karwa Commercial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karwa Commercial has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK8546N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karwa Commercial Private Limited, buy the company report.
Recent activity
Karwa Commercial Private Limited has 8 board changes on record since 1991: 6 appointments and 2 cessations. The latest: Rashi Karwa ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Karwa Commercial is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 26 February 1991 (35+ years old) and is registered under CIN U51900MH1991PTC060491.
Karwa Commercial has 6 current directors:
- Narayan Karwa - Managing Director
- Nandkishore Karwa - Director
- Nilesh Nandkishore Karwa - Director
- Rashi Karwa - Director
- Nitin Karwa - Director
- Manju Karwa - Director
The latest financial statements of Karwa Commercial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karwa Commercial is 27AAACK8546N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karwa Commercial is U51900MH1991PTC060491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karwa Commercial has 7 court cases on record: 5 filed by the company and 2 filed against it.
Karwa Commercial was incorporated on 26 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Karwa Commercial by revenue are Volant Exim Private Limited, Graffiti (India) Private Limited, A.K.P Confra Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Rashi Karwa ceased to be Additional Director on 30 Sep 2022. Rashi Karwa was appointed as Director on 10 Jul 2022. Manju Karwa ceased to be Additional Director on 30 Sep 2016. Karwa Commercial has 8 board changes on record in total.
The registered office of Karwa Commercial is at 308 Regent Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
Karwa Commercial operates in the metals and minerals industry, in the construction materials retail and distribution segment.
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