About Karma Steels
Karma Steels is an Industrial Goods & Manufacturing company. Custom forgings manufacturing for industrial sectors is undertaken by Karma Steels in India. Its Indian entity Karma Steels Private Limited reported revenue of ₹2.11 Cr. Karma Steels offers products and services including Custom Forgings and Twist Locks. Its focus areas include Manufacturing, Metal Forging, Custom Components and Industrial Forgings.
Company details
Karma Steels Pvt. Ltd. is identified as a manufacturer specializing in custom forgings for sectors like aerospace and automotive, where components such as twist locks and forged rings are produced using closed die forging and heat treatment processes. Quality is ensured through rigorous testing, including proof load and magnetic particle inspections, to meet industry standards. The company operates from Mumbai, India, and serves diverse end users by providing precision-engineered parts that withstand demanding conditions, while emphasizing sustainability and material efficiency in production.
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website karmasteels.com
- Legal Name Karma Steels Pvt. Ltd
- Date of Incorporation 08 Jan, 1988
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹2.11 Cr
FY 2025 · +124% YoY
- Indian entity net profit₹2.3 Lakh
FY 2025 · 1% margin
- Indian entity EBITDA₹12 Lakh
FY 2025 · 6% margin
Associated legal entities of Karma Steels
Karma Steels operates through Karma Steels Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karma Steels Private Limited CIN U27108MH1988PTC045814 | Active | 08 Jan 1988 | Mumbai, Maharashtra | ₹2.1 Cr | 3 | View details |
Products & Services of Karma Steels
Karma Steels offers a comprehensive portfolio of products and services, including Custom Forgings and Twist Locks.
Custom forgings are produced for various industrial applications, where strength and durability are enhanced through advanced forging techniques.
Twist locks are manufactured for container handling cranes, with each unit subjected to testing to ensure it meets specified impact strength requirements.
Board of directors of Karma Steels Private Limited (Karma Steels)
Karma Steels Private Limited is the primary company behind Karma Steels. The board of Karma Steels Private Limited currently have 3 directors; the longest-serving is Kirtikumar Satyavrat Kamdar, appointed in 1988.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kirtikumar Satyavrat Kamdar DIN 01605140 | Director | 08 Jan 1988 | 38 yrs 10 mo | Karma Steels Private Limited |
| Meena Kirtikumar Kamdar DIN 01605150 | Director | 08 Jan 1988 | 38 yrs 10 mo | Karma Steels Private Limited |
| Karan Kirtikumar Kamdar DIN 08830134 | Additional Director | 10 Jun 2025 | 1 yr 5 mo | Karma Steels Private Limited |
Financials of Karma Steels
Figures of Karma Steels Private Limited, the primary company behind Karma Steels, for FY 2025. Revenue was ₹2.11 Cr (+124% year on year). Net profit was ₹2.3 Lakh (1% margin). EBITDA was ₹12 Lakh (6% margin). Revenue has grown at a compounded annual rate of +33% over three years and +16% over five years.
- ₹2.11 CrRevenue · FY 2025 · +124% YoY
- ₹2.3 LakhNet profit · 1% margin
- ₹12 LakhEBITDA · 6% margin
- ₹10 LakhPaid-up capital
- +33%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karma Steels Private Limited are on its company page.
Detailed financial statements for Karma Steels
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Frequently Asked Questions about Karma Steels
The primary company behind Karma Steels, Karma Steels Private Limited, reported revenue of ₹2.11 Cr for FY 2025, up 124% year on year.
Karma Steels Pvt. Ltd. is identified as a manufacturer specializing in custom forgings for sectors like aerospace and automotive, where components such as twist locks and forged rings are produced using closed die forging and heat treatment processes. Quality is ensured through rigorous testing, including proof load and magnetic particle inspections, to meet industry standards. The company operates from Mumbai, India, and serves diverse end users by providing precision-engineered parts that withstand demanding conditions, while emphasizing sustainability and material efficiency in production.
Karma Steels offers Custom Forgings and Twist Locks.
Karma Steels operates through Karma Steels Private Limited.
The legal entities of Karma Steels currently have 3 directors, including Kirtikumar Satyavrat Kamdar, Meena Kirtikumar Kamdar, Karan Kirtikumar Kamdar.