About Karan Texchem Private Limited
Data last updated:
Karan Texchem Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 25 August 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24119MH2006PTC164080. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 19 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 203 Keytuo Industrial Estate Kondivitta Village Road MIDC Andheri (E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.42 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹69.11 Lakh (net margin 4.8%) and EBITDA of ₹1.02 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company is associated with 1 brand: KARAN. The company has 5 deals on record (5 secondary share transfers); the latest was in December 2016. Its 3 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Mithvassaa Ventures Private Limited with revenue of ₹14.51 Cr.
The last known website on record is karantexchem.com.
Company details
Contact details
Karan Texchem Private Limited's registered office is in Mumbai, Maharashtra. Its website is karantexchem.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address203 Keytuo Industrial Estate Kondivitta Village Road MIDC Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Karan Texchem Private Limited, buy the company report.
- 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
Brands
Karan Texchem operates one associated brand: KARAN. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of textile printing inks and chemicals in India. | karantexchem.com |
Business activity
The main business activities of Karan Texchem are trade and manufacturing. In detail, this covers retail trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Karan Texchem Private Limited, buy the company report.
Financials of Karan Texchem Private Limited
FY 2020 filings availableKaran Texchem Private Limited reported revenue of ₹14.42 Cr (up 10% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 10% growth in the latest year. EBITDA rose 23% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.11 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Karan Texchem Private Limited, buy the company report.
Board of directors of Karan Texchem Private Limited
Karan Texchem has 3 former directors on record and no current directors listed.
Peer comparison
Karan Texchem Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mithvassaa Ventures Private Limited | ₹14.51 Cr (FY 2023) | 56.0% | Hyderabad, Telangana, India | |||
| Indo Euro Indchem Limited | ₹14.5 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Karan Texchem Private Limitedthis company | ₹14.42 Cr (FY 2020) | ₹69.11 Lakh | 4.8% | 10.0% | Mumbai, Maharashtra, India | |
| Midya Service Station Private Limited | ₹14.36 Cr (FY 2020) | 99.0% | Purba Midnapore, West Bengal, India |
To see the full peer comparison of Karan Texchem Private Limited, buy the company report.
Auditor
Karan Texchem Private Limited is audited by RAHUL JIMULIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL JIMULIA & ASSOCIATES | FY 2020 | 134709W |
Shareholding
The shareholding of Karan Texchem Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Karan Texchem Private Limited, buy the company report.
Deals & funding
Karan Texchem Private Limited has 5 deals on record (5 secondary share transfers); the latest was in December 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ashok F Parekh HUF |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Ashok F Parekh HUF Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Karan Texchem 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 Karan Texchem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karan Texchem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Karan Texchem Private Limited, buy the company report.
Recent activity
Karan Texchem Private Limited has 3 board changes on record since 2020: 0 appointments and 3 cessations. The latest: Ashok Gunvantrai Parekh ceased to be Director on 30 Nov 2020.
Frequently asked questions
Karan Texchem has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Karan Texchem was a private limited company based in Mumbai, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 25 August 2006 and is registered under CIN U24119MH2006PTC164080. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Karan Texchem is U24119MH2006PTC164080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan Texchem was incorporated on 25 August 2006. It is registered with the Registrar of Companies, Mumbai.
Karan Texchem can be reached through the website karantexchem.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Karan Texchem is at 203 Keytuo Industrial Estate Kondivitta Village Road MIDC Andheri E, Mumbai, Maharashtra, India – 400059.
The latest financial statements of Karan Texchem on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 19 October 2020. Year-wise statements from 2015 are in the company report.
No. Karan Texchem has 1 GST registration on record and it is cancelled or inactive.
Karan Texchem operated in the chemicals and materials industry, in the chemical distribution and retail segment.
Karan Texchem has 5 deals on record (5 secondary share transfers); the latest was in December 2016.
The peers of Karan Texchem by revenue are Mithvassaa Ventures Private Limited, Indo Euro Indchem Limited, Midya Service Station Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading).
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