About Karma Innovations & Solutions
Karma Innovations & Solutions is an Industrial Goods & Manufacturing company based in Coimbatore (India) founded in 2012. Provider of digital X-Ray based inspection and sorting systems. Its Indian entity Karma Innovations And Solutions Private Limited reported revenue of ₹2.70 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Karma Innovations Solutions was founded in 2012 and is headquartered in Coimbatore, India. Operations focus on the development and provision of digital X-ray based systems for inspection and sorting applications. These technologies are utilized in industrial sectors requiring non-destructive testing and material separation. Services include system design, integration, and support tailored to manufacturing and quality control needs across various industries.
- Headquarters Coimbatore, India
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website karmainnovations.com
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- Legal Name Karma Innovations And Solutions Private Limited
- Date of Incorporation 22 May, 2012
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹2.70 Cr
FY 2024 · +112% YoY
- Net Profit₹9.5 Lakh
FY 2024 · 4% margin
- EBITDA₹29.3 Lakh
FY 2024 · 11% margin
Associated legal entities of Karma Innovations & Solutions
Karma Innovations & Solutions operates through Karma Innovations And Solutions Private 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 |
|---|---|---|---|---|---|---|---|
| Karma Innovations And Solutions Private Limited CIN U29214TZ2012PTC018288 | Active | 22 May 2012 | Coimbatore, Tamil Nadu | ₹2.7 Cr | 2 | View details |
Board of directors of Karma Innovations And Solutions Private Limited (Karma Innovations & Solutions)
Karma Innovations And Solutions Private Limited is the primary company behind Karma Innovations & Solutions. The board of Karma Innovations And Solutions Private Limited currently have 2 directors; the longest-serving is Palanisamy Malaravan, appointed in 2012. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Palanisamy Malaravan DIN 05272845 | Director | 22 May 2012 | 14 yrs 5 mo | Karma Innovations And Solutions Private Limited |
| Jawahar Karthikeyan DIN 02220575 | Director | 22 May 2012 | 14 yrs 5 mo | Karma Innovations And Solutions Private Limited |
Financials of Karma Innovations & Solutions
Figures of Karma Innovations And Solutions Private Limited, the primary company behind Karma Innovations & Solutions, for FY 2024. Revenue was ₹2.70 Cr (+112% year on year). Net profit was ₹9.5 Lakh (4% margin). EBITDA was ₹29.3 Lakh (11% margin). Revenue has grown at a compounded annual rate of +29% over three years and +7% over five years.
- ₹2.70 CrRevenue · FY 2024 · +112% YoY
- ₹9.5 LakhNet profit · 4% margin
- ₹29.3 LakhEBITDA · 11% margin
- ₹43 LakhPaid-up capital
- +29%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karma Innovations And Solutions Private Limited are on its company page.
Detailed financial statements for Karma Innovations & Solutions
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Karma Innovations & Solutions (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Karma Innovations & Solutions
Karma Innovations & Solutions was founded in 2012.
Karma Innovations & Solutions is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
The primary company behind Karma Innovations & Solutions, Karma Innovations And Solutions Private Limited, reported revenue of ₹2.70 Cr for FY 2024, up 112% year on year.
Karma Innovations Solutions was founded in 2012 and is headquartered in Coimbatore, India. Operations focus on the development and provision of digital X-ray based systems for inspection and sorting applications. These technologies are utilized in industrial sectors requiring non-destructive testing and material separation. Services include system design, integration, and support tailored to manufacturing and quality control needs across various industries.
Karma Innovations & Solutions operates through Karma Innovations And Solutions Private Limited.
The legal entities of Karma Innovations & Solutions currently have 2 directors, including Palanisamy Malaravan, Jawahar Karthikeyan.