Karnawati Innovation Limited

BSE: 531671
Karnawati Innovation Limited - packaging in Daskroi, Gujarat, India. FY 2026 financials and compliance.
CIN L46200GJ1986PLC009009 Incorporated 25 September 1986 ROC Ahmedabad HQ Daskroi, Gujarat, India
Active Listed - BSE: 531671 Public Limited Company packaging
Data last updated
Revenue · FY 2025
₹92.86 Lakh
▼ 76.97% YoY
Computed EBITDA · FY 2025
₹25.92 Lakh
▲ 12.79% YoY
Net profit · FY 2025
₹14.65 Lakh
▼ 28.08% YoY
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.4 Cr
Issued & subscribed
Open charges
None
Satisfied ₹2.49 Cr
Company age
40 yrs
Est. 1986
Last financials
Mar 2025
Balance sheet date

About Karnawati Innovation Limited

Data last updated: 14 July 2026

Karnawati Innovation Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in bottle and cap manufacturing, a part of the broader packaging sector. Incorporated on 25 September 1986, the company has been in operation for over 40 years.

Registered with ROC Ahmedabad under CIN L17119GJ1986PLC009009. Listed on BSE: 531671.

Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.4 Cr. Formerly known as Bisil Plast Limited. It is led by directors including Nidhiben Ravindrakumar Joshi and Jagdip Panachand Vora.

Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.

As per BSE-filed standalone financials for FY 2025, the company reported a revenue of ₹92.86 Lakh, a decline of 76.97% compared to the previous year. The net worth stands at ₹1.19 Cr (up 14.09% YoY). Total assets are valued at ₹1.72 Cr (down 51.65% YoY).

The company is associated with 1 brand - Bisil Plast. As per MCA filings, the company has satisfied charges of ₹2.49 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bisilplastltd.com.

Company Details of Karnawati Innovation Limited
CIN L46200GJ1986PLC009009
Registration Number 009009
Incorporation Date 25 September 1986
ROC Ahmedabad
Listing Status Listed (BSE: 531671)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Nidhiben Ravindrakumar Joshi Additional Director Jagdip Panachand Vora Director Vatsal Sanjaybhai Patel Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    bisilplastltd.com
  • Social Media
    Locked
  • Registered Address
    Office No. 702/3 7Th Floor Shilp Aaron, Sindhu Bhavan Road Thaltej, Daskroi, Gujarat, India – 380059
  • Industry
    Packaging, Bottle & Cap Manufacturing
Company report
Karnawati Innovation Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Karnawati Innovation Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Karnawati Innovation Limited

Karnawati Innovation Limited has one previous CIN (Corporate Identification Number): L17119GJ1986PLC009009. The current CIN is L46200GJ1986PLC009009, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L46200GJ1986PLC009009 Current
L17119GJ1986PLC009009 Previous

Associated Brands with Karnawati Innovation Limited

Karnawati Innovation Limited operates one associated brand: Bisil Plast. These brands represent Karnawati Innovation Limited's diversified market presence and brand portfolio.

Brand Description Website
Bisil Plast
Manufacturer and exporter of PET preform products bisilplastltd.com

Business Activity of Karnawati Innovation Limited

Karnawati Innovation Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products Locked
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Business activity turnover details for Karnawati Innovation Limited

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Auditor Details of Karnawati Innovation Limited

Karnawati Innovation Limited is audited by A.L.Thakkar & Co. (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2025, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
A.L.Thakkar & Co. (ICAI peer reviewed, certificate valid till 2026-11-30) FY 2025 Declaration of unmodified opinion

Board of Directors of Karnawati Innovation Limited

Karnawati Innovation Limited is currently managed by 5 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Nidhiben Ravindrakumar Joshi
Also directs: Aarsha International Limited
Additional Director 04 Mar 2025 1 Years 4 Months Current
Jagdip Panachand Vora
Also directs: Kalaratri Tradewing Llp, Glaam Up Jwel Limited, Banke Tradelink Private Limited
Director 04 Sep 2024 1 Years 10 Months Current
Vatsal Sanjaybhai Patel
Also directs: Macrosilo Techsolution Private Limited
Director 10 Jan 2025 1 Years 6 Months Current
Anandbhai Jadala Additional Director 05 Jul 2025 1 Years 0 Months Current
Ravikumar Kirtibhai Patel Additional Director 26 Aug 2025 0 Years 10 Months Current
View all directors

Financials of Karnawati Innovation Limited FY 2025 filings available

Karnawati Innovation Limited reported revenue of ₹92.86 Lakh (down 76.97% YoY) for FY 2025.

Revenue · FY 2025
₹92.86 Lakh ▼ 76.97%
Profit · FY 2025
₹14.65 Lakh ▼ 28.08%
Computed EBITDA · FY 2025
₹25.92 Lakh ▲ 12.79%
Revenue₹ Cr · Standalone0246FY 2019: ₹0 Cr0.1FY 2019FY 2020: ₹1 Cr · +1837% YoY1.2+1837%FY 2020FY 2021: ₹1 Cr · -21.4% YoY1-21.4%FY 2021FY 2022: ₹2 Cr · +55.3% YoY1.5+55.3%FY 2022FY 2023: ₹4 Cr · +166.4% YoY4+166.4%FY 2023FY 2024: ₹4 Cr · -0.1% YoY4-0.1%FY 2024FY 2025: ₹1 Cr · -77% YoY0.9-77%FY 2025
Net Profit₹ Cr · Standalone-0.2-0.100.10.20.3FY 2019: ₹0 Cr (loss)-0.1FY 2019FY 2020: ₹0 Cr (loss) · +59.6% YoY-0FY 2020FY 2021: ₹0 Cr (loss) · +28.8% YoY-0FY 2021FY 2022: ₹0 Cr · +151.1% YoY0+151.1%FY 2022FY 2023: ₹0 Cr · +1022.9% YoY0.2+1022.9%FY 2023FY 2024: ₹0 Cr · +15.5% YoY0.2+15.5%FY 2024FY 2025: ₹0 Cr · -28.1% YoY0.1-28.1%FY 2025
Quarterly Revenue₹ Cr · vs same quarter last year0255075Q1'25: ₹0 Cr0.5Q1'25Q2'25: ₹0 Cr0Q2'25Q3'25: ₹0 Cr0Q3'25Q4'25: ₹0 Cr0Q4'25Q1'26: ₹0 Cr · -100% YoY0-100%Q1'26Q2'26: ₹20 Cr20Q2'26Q3'26: ₹71 Cr71.5Q3'26
Metrics FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹92.86 Lakh ₹4.03 Cr ₹4.03 Cr ₹1.51 Cr ₹97.53 Lakh ₹1.24 Cr ₹6.41 Lakh
Other Income ₹0 ₹6,000 ₹11,000 ₹6,000 ₹0 ₹0 ₹0
Total Income ₹92.86 Lakh ₹4.03 Cr ₹4.04 Cr ₹1.52 Cr ₹97.53 Lakh ₹1.24 Cr ₹6.41 Lakh
Cost of Materials Consumed ₹45.27 Lakh ₹3.66 Cr ₹3.71 Cr ₹1.37 Cr ₹88.6 Lakh ₹1.14 Cr ₹6.19 Lakh
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹4 Lakh ₹2.4 Lakh ₹3.2 Lakh ₹3.14 Lakh ₹2.22 Lakh ₹4.4 Lakh ₹1.58 Lakh
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹2.77 Lakh ₹2.61 Lakh ₹8,000 ₹0 ₹0 ₹0 ₹0
Other Expenses ₹17.67 Lakh ₹12.16 Lakh ₹12.06 Lakh ₹9.67 Lakh ₹9.78 Lakh ₹10.35 Lakh ₹9.32 Lakh
Total Expenses ₹69.71 Lakh ₹3.83 Cr ₹3.86 Cr ₹1.5 Cr ₹1.01 Cr ₹1.28 Cr ₹17.09 Lakh
Profit Before Exceptional Items & Tax ₹23.15 Lakh ₹20.37 Lakh ₹17.63 Lakh ₹1.57 Lakh -₹3.07 Lakh -₹4.31 Lakh -₹10.68 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹23.15 Lakh ₹20.37 Lakh ₹17.63 Lakh ₹1.57 Lakh -₹3.07 Lakh -₹4.31 Lakh -₹10.68 Lakh
Total Tax Expense ₹8.5 Lakh ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit ₹14.65 Lakh ₹20.37 Lakh ₹17.63 Lakh ₹1.57 Lakh -₹3.07 Lakh -₹4.31 Lakh -₹10.68 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income ₹14.65 Lakh ₹20.37 Lakh ₹17.63 Lakh ₹1.57 Lakh -₹3.07 Lakh -₹4.31 Lakh -₹10.68 Lakh
EBITDA (computed) ₹25.92 Lakh ₹22.98 Lakh ₹17.71 Lakh ₹1.57 Lakh -₹3.07 Lakh -₹4.31 Lakh -₹10.68 Lakh
Basic EPS ₹0.03 ₹0.04 ₹0.03 ₹0.00 ₹-0.01 ₹0.00 ₹0.00
Diluted EPS ₹0.03 ₹0.04 ₹0.03 ₹0.00 ₹-0.01 ₹0.00 ₹0.00
Metrics FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹1.72 Cr ₹3.56 Cr ₹1.39 Cr ₹1.17 Cr ₹88.44 Lakh ₹1.04 Cr ₹75.13 Lakh
Non-current Assets ₹22.76 Lakh ₹24.82 Lakh ₹27.42 Lakh ₹37.68 Lakh ₹0 ₹0 ₹59.54 Lakh
Current Assets ₹1.49 Cr ₹3.31 Cr ₹1.11 Cr ₹79.43 Lakh ₹88.44 Lakh ₹1.04 Cr ₹15.59 Lakh
Property, Plant & Equipment ₹22.76 Lakh ₹24.82 Lakh ₹27.42 Lakh ₹0 ₹0 ₹0 ₹0
Inventories ₹0 ₹39.39 Lakh ₹4.72 Lakh ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹72.27 Lakh ₹2.75 Cr ₹94.95 Lakh ₹47.27 Lakh ₹24.07 Lakh ₹30.38 Lakh ₹2.02 Lakh
Cash & Equivalents ₹3.29 Lakh ₹10.58 Lakh ₹9.26 Lakh ₹30.53 Lakh ₹4.82 Lakh ₹13.82 Lakh ₹13.57 Lakh
Equity (Net Worth) ₹1.19 Cr ₹1.04 Cr ₹83.68 Lakh ₹66.05 Lakh ₹64.48 Lakh ₹67.56 Lakh ₹71.88 Lakh
Equity Share Capital ₹5.4 Cr ₹5.4 Cr ₹5.4 Cr ₹5.4 Cr ₹5.4 Cr ₹5.4 Cr ₹5.4 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹53.53 Lakh ₹2.52 Cr ₹55.09 Lakh ₹51.06 Lakh ₹23.96 Lakh ₹36.19 Lakh ₹0
Total Liabilities ₹53.53 Lakh ₹2.52 Cr ₹55.09 Lakh ₹51.06 Lakh ₹23.96 Lakh ₹36.19 Lakh ₹3.25 Lakh
Metrics FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹3.86 Lakh ₹1.33 Lakh -₹31.4 Lakh ₹3.83 Lakh
Investing Cash Flow -₹72,000 ₹0 -₹27.5 Lakh ₹0
Financing Cash Flow ₹0 ₹0 ₹37.63 Lakh ₹21.87 Lakh
Capital Expenditure ₹0 ₹0 ₹27.5 Lakh ₹0
Free Cash Flow (computed) ₹3.86 Lakh ₹1.33 Lakh -₹58.9 Lakh ₹3.83 Lakh
Dividends Paid ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹3.14 Lakh ₹1.33 Lakh -₹21.27 Lakh ₹25.7 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹71.47 Cr ₹20 Cr ₹0 ₹0 ₹0 ₹0 ₹47.19 Lakh
Other Income ₹0 ₹0 ₹1.18 Cr ₹37.01 Lakh ₹0 ₹8.66 Lakh ₹0
Total Income ₹71.47 Cr ₹20 Cr ₹1.18 Cr ₹37.01 Lakh ₹0 ₹8.66 Lakh ₹47.19 Lakh
Cost of Materials Consumed ₹69.52 Cr ₹18.1 Cr ₹0 ₹0 ₹0 ₹0 ₹45.27 Lakh
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹3.2 Lakh ₹3.05 Lakh ₹3.53 Lakh ₹1.77 Lakh ₹0 ₹1.63 Lakh ₹60,000
Finance Costs ₹4,000 ₹9,000 ₹87.88 Lakh ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹0 ₹0 ₹0 ₹2.77 Lakh ₹0 ₹0 ₹0
Other Expenses ₹7.2 Lakh ₹25.82 Lakh ₹10.31 Lakh ₹10.79 Lakh ₹63,000 ₹5.45 Lakh ₹80,000
Total Expenses ₹69.62 Cr ₹18.39 Cr ₹1.02 Cr ₹15.33 Lakh ₹63,000 ₹7.08 Lakh ₹46.67 Lakh
Profit Before Exceptional Items & Tax ₹1.85 Cr ₹1.61 Cr ₹16.25 Lakh ₹21.68 Lakh -₹63,000 ₹1.58 Lakh ₹52,000
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹1.85 Cr ₹1.61 Cr ₹16.25 Lakh ₹21.68 Lakh -₹63,000 ₹1.58 Lakh ₹52,000
Total Tax Expense ₹0 ₹0 ₹0 ₹8.5 Lakh ₹0 ₹0 ₹0
Net Profit ₹1.85 Cr ₹1.61 Cr ₹16.25 Lakh ₹13.18 Lakh -₹63,000 ₹1.58 Lakh ₹52,000
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income ₹1.85 Cr ₹1.61 Cr ₹16.25 Lakh ₹13.18 Lakh -₹63,000 ₹1.58 Lakh ₹52,000
EBITDA (computed) ₹1.85 Cr ₹1.62 Cr ₹1.04 Cr ₹24.45 Lakh -₹63,000 ₹1.58 Lakh ₹52,000
Basic EPS ₹0.34 ₹0.30 ₹0.30 ₹0.24 ₹0.00 ₹0.00 ₹0.00
Diluted EPS ₹0.34 ₹0.00 ₹0.30 ₹0.24 ₹0.00 ₹0.00 ₹0.00
Latest 7 quarters shown.
Segment · Q2 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Agricultural Business ₹20 Cr ₹1.61 Cr ₹19.83 Cr ₹19.83 Cr
Trading Business ₹0 ₹0 ₹88.23 Lakh ₹88.23 Lakh
Other Income ₹0 ₹0 ₹0 ₹0
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You're viewing the latest exchange-filed financials for Karnawati Innovation Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Karnawati Innovation Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, retail and other public shareholders hold 100.00% of Karnawati Innovation Limited. The company had 45,390 shareholders on record.

Retail & Others: 100.00%
Mar 2026
QUARTER
100.00% Retail & Others
Promoter holding - history
Now 0.04% · Jun 2024High 0.04% · Jun 2023Low 0.04% · Jun 2023
0%0.5%1%1.5%2%Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Jun 2023: 0.04%Sep 2023: 0.04%Dec 2023: 0.04%Mar 2024: 0.04%Jun 2024: 0.04%0.04%0.04%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters------
Public100.00%100.00%100.00%100.00%100.00%100.00%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters--0.04%
Public100.00%100.00%99.96%
Promoter change (YoY, %pts)---

Charges & Borrowings of Karnawati Innovation Limited

Open charges
₹0
Satisfied charges
₹2.49 Cr
Breakdown by lending institutions
Charotar Nagrik Sahakari Band Ltd.₹2.00 Cr
Charotar Nagrik Sahakari Bank Ltd.₹0.49 Cr
Latest charge details
DateLenderAmountStatus
26 Dec 1998 Charotar Nagrik Sahakari Bank Ltd. ₹49 Lakh Satisfied
04 Feb 1997 Charotar Nagrik Sahakari Band Ltd. ₹2 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Karnawati Innovation Limited

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Employee and EPFO history for Karnawati Innovation Limited

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GST Compliance of Karnawati Innovation Limited

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GST registrations and filing compliance for Karnawati Innovation Limited

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Credit Ratings, Litigation & Regulatory Alerts for Karnawati Innovation Limited

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Credit ratings, litigation, and regulatory alerts for Karnawati Innovation Limited

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MSME Payment Delays by Karnawati Innovation Limited

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MSME payment history for Karnawati Innovation Limited

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Subsidiaries & Group Companies of Karnawati Innovation Limited

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Corporate group structure for Karnawati Innovation Limited

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MCA Filings & Documents of Karnawati Innovation Limited

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MCA filings and documents for Karnawati Innovation Limited

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Recent Activity on Karnawati Innovation Limited

Directors
11 Oct 2025
Ravikumar Kirtibhai Patel was appointed as a Cfo on 11 Oct 2025 & has been associated with this company since 9 months 5 days.
Activity
27 Sep 2025
Karnawati Innovation Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Directors
26 Aug 2025
Ravikumar Kirtibhai Patel was appointed as a Additional Director on 26 Aug 2025 & has been associated with this company since 10 months 20 days.
Directors
05 Jul 2025
Anandbhai Jadala was appointed as a Additional Director on 05 Jul 2025 & has been associated with this company since 1 year 11 days.
Activity
31 Mar 2025
Karnawati Innovation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
04 Mar 2025
Nidhiben Ravindrakumar Joshi was appointed as a Additional Director on 04 Mar 2025 & has been associated with this company since 1 year 4 months.

Frequently Asked Questions about Karnawati Innovation Limited

Karnawati Innovation Limited is an active public limited company in the packaging sector based in Daskroi, Gujarat, India. It was incorporated on 25 September 1986 (40+ years old) and is registered under CIN L46200GJ1986PLC009009. Listed on BSE: 531671.

Karnawati Innovation Limited reported revenue of ₹92.86 Lakh for FY 2025 (down 76.97% YoY) based on standalone BSE filings.

The current directors of Karnawati Innovation Limited are:

The primary industry of Karnawati Innovation Limited is packaging. The company specifically operates in bottle and cap manufacturing. The company is currently active in this sector.

Yes. Karnawati Innovation Limited is listed on BSE with code 531671.

Karnawati Innovation Limited can be reached at the registered office: Office No. 7023 7Th Floor Shilp Aaron, Sindhu Bhavan Road Thaltej, Daskroi, Gujarat, India – 380059, or through the website bisilplastltd.com.

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