Karad Power India Private Limited
About Karad Power India Private Limited
Data last updated:
Karad Power India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 08 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2020PTC135693.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Madivalappa Mastikatte Nagaraj and Karuna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.355 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.12 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.89 Lakh (net margin 0.6%) and EBITDA of ₹3.28 Cr (EBITDA margin 36%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years.
Company details
Contact details
Karad Power India Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.355 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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 Karad Power India is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Karad Power India Private Limited, buy the company report.
Financials of Karad Power India Private Limited
FY 2025 filings availableKarad Power India Private Limited reported revenue of ₹9.12 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 123% over three years, including 8% growth in the latest year. EBITDA fell 9% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.28 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.89 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 36% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Karad Power India Private Limited, buy the company report.
Board of directors of Karad Power India Private Limited
Karad Power India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madivalappa Mastikatte Nagaraj Also directs: Hiriyur SML Enterprises LLP, SML Power Private Limited, Vijayanagar Renewable India Private Limited and 5 more | Director | 08 Jul 2020 | 6 Years 3 Months | Current |
| Karuna Also directs: Hiriyur SML Enterprises LLP, SML Power Private Limited, Vijayanagar Renewable India Private Limited and 5 more | Director | 08 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Karad Power India Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emc Tower Limited | ₹9.68 Cr (FY 2017) | Kolkata, West Bengal, India | ||||
| TP Solapur Solar Limited | ₹9.66 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Wind World Wind Farms (Sai) Private Limited | ₹9.12 Cr (FY 2025) | -9.0% | Daman, Daman and Diu, India | |||
| Karad Power India Private Limitedthis company | ₹9.12 Cr (FY 2024) | ₹5.89 Lakh | 0.6% | 8.0% | Bangalore, Karnataka, India | |
| Grinibhrit Solar Power Private Limited | ₹9.04 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| NSL Wind Power Company (Sayamalai) Private Limited | ₹8.64 Cr (FY 2021) | -6.0% | Hyderabad, Telangana, India | |||
| Voyager Engineering Private Limited | ₹8.52 Cr (FY 2025) | 34.0% | Tirunelveli, Tamil Nadu, India | |||
| TP Ekadash Limited | ₹8.48 Cr (FY 2025) | 76.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Karad Power India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karad Power India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karad Power India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karad Power India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karad Power India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Karuna was appointed as Director on 08 Jul 2020.
Frequently asked questions
Karad Power India is an active private limited company based in Bangalore, Karnataka, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 08 July 2020 (6+ years old) and is registered under CIN U40106KA2020PTC135693.
Karad Power India has 2 current directors:
- Madivalappa Mastikatte Nagaraj - Director
- Karuna - Director
The latest financial statements of Karad Power India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Karad Power India is U40106KA2020PTC135693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karad Power India was incorporated on 08 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Karad Power India by revenue are Emc Tower Limited, TP Solapur Solar Limited, Wind World Wind Farms (Sai) Private Limited, Grinibhrit Solar Power Private Limited, NSL Wind Power Company (Sayamalai) Private Limited and 2 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Karuna was appointed as Director on 08 Jul 2020. Madivalappa Mastikatte Nagaraj was appointed as Director on 08 Jul 2020.
The registered office of Karad Power India is at No.355 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
Karad Power India operates in the energy and power industry, in the power transmission and distribution services segment.
Karad Power India can be reached at its registered office: No.355 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
Karad Power India is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
