About Karan Letex
Karan Letex is an Industrial Goods & Manufacturing company based in Kanpur (India) founded in 1993. It manufactures high-performance athleisure and technical apparel for global markets. It operates on a B2B model in Industrial Goods & Manufacturing and Consumer sectors. The company has 127 employees. Its Indian entity Karan Letex Limited reported revenue of ₹161 Cr. Karan Letex offers products and services including Athleisure Apparel, Technical Apparel, and Premium Fabrics. Its focus areas include Manufacturing, Sustainable Textiles, Fabrics and Technical Wear. Its competitors include BlissClub, Agilitas and Zymrat; 3 of its 3 listed competitors have raised funding.
Company details
Karan Group, established in 1993, leads the textile sector by producing innovative athleisure and technical apparel through subsidiaries like Karan Letex Limited. They blend craftsmanship with advanced technology for sustainable solutions, serving global brands from facilities in Kanpur and Noida, India. Their focus includes high-quality fabrics and ethical practices, catering to dynamic market demands while prioritizing environmental and social responsibility.
- Headquarters Kanpur, India
- Employees 127
- SectorsIndustrial Goods & ManufacturingConsumer
- Email••••••••
- Phone•••• ••••
- Website karanletex.com
- Legal Name Karan Letex Limited
- Date of Incorporation 28 Apr, 1993
- Jurisdiction Kanpur Nagar, Uttar Pradesh, India
- Annual Revenue₹161 Cr
FY 2024 · -8% YoY
- Net Profit₹16.02 Cr
FY 2024 · 10% margin
- EBITDA₹25.56 Cr
FY 2024 · 16% margin
- Employee Count127
Associated legal entities of Karan Letex
Karan Letex operates through Karan Letex Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karan Letex Limited CIN U18101UP1993PLC015337 | Active | 28 Apr 1993 | Kanpur, Uttar Pradesh | ₹161 Cr | 127 | 5 | View details |
Products & Services of Karan Letex
Karan Letex offers a comprehensive portfolio of products and services, including Athleisure Apparel, Technical Apparel, and Premium Fabrics.
High-performance clothing designed for active lifestyles and daily wear.
Apparel for functional and performance-based applications.
Fabrics for fashion and technical uses in global markets.
Board of directors of Karan Letex Limited (Karan Letex)
Karan Letex Limited is the primary company behind Karan Letex. The board of Karan Letex Limited currently have 5 directors; the longest-serving is Bharat Garg, appointed in 1993. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharat Garg DIN 00792192 | Whole-time director | 28 Apr 1993 | 33 yrs 6 mo | Karan Letex Limited |
| Amit Goel DIN 08881077 | Director | 16 Sep 2020 | 6 yrs 1 mo | Karan Letex Limited |
| Manish Kumar Tiwari DIN 09690815 | Director | 30 Jul 2022 | 4 yrs 3 mo | Karan Letex Limited |
| Naman Garg DIN 09292442 | Director | 01 Jun 2024 | 2 yrs 5 mo | Karan Letex Limited |
| Rohit Kumar DIN 11629992 | Director | 20 Jun 2024 | 2 yrs 4 mo | Karan Letex Limited |
Financials of Karan Letex
Figures of Karan Letex Limited, the primary company behind Karan Letex, for FY 2024. Revenue was ₹161 Cr (-8% year on year). Net profit was ₹16.02 Cr (10% margin). EBITDA was ₹25.56 Cr (16% margin). Revenue has grown at a compounded annual rate of -5% over three years and 0% over five years.
- ₹161 CrRevenue · FY 2024 · -8% YoY
- ₹16.02 CrNet profit · 10% margin
- ₹25.56 CrEBITDA · 16% margin
- ₹39.1 LakhPaid-up capital
- 127Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karan Letex Limited are on its company page.
Detailed financial statements for Karan Letex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Karan Letex
Karan Letex has 3 listed competitors in our database, 3 of them funded. They include BlissClub, Agilitas and Zymrat.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blissclub.com | 2020 | Bengaluru, India | $21.39M | 141 | Sportswear for women is offered by an internet-first brand. | |
| agilitas.in | 2023 | Bengaluru, India | $70.69M | 77 | Sports, casual, and athletic footwear are manufactured by Agilitas. | |
| zymrat.com | 2018 | Bengaluru, India | $833,838 | Sportswear for men and women is offered via online platform. |
Detailed competitors of Karan Letex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Karan Letex (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Karan Letex
Karan Letex was founded in 1993.
Karan Letex is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
Karan Letex has 127 employees.
The primary company behind Karan Letex, Karan Letex Limited, reported revenue of ₹161 Cr for FY 2024, down 8% year on year.
Karan Group, established in 1993, leads the textile sector by producing innovative athleisure and technical apparel through subsidiaries like Karan Letex Limited. They blend craftsmanship with advanced technology for sustainable solutions, serving global brands from facilities in Kanpur and Noida, India. Their focus includes high-quality fabrics and ethical practices, catering to dynamic market demands while prioritizing environmental and social responsibility.
Karan Letex offers Athleisure Apparel, Technical Apparel, and Premium Fabrics.
Karan Letex operates through Karan Letex Limited.
The legal entities of Karan Letex currently have 5 directors, including Bharat Garg, Amit Goel, Manish Kumar Tiwari and others.