MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-06-0009231
Karanja Industries Private Limited - manufacturing in Bidar, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹123.95 Cr
▲ 3% YoY
Net profit · FY 2023
₹68.2 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹7.67 Cr
EBITDA margin 6.2%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.3 Cr
Issued & subscribed
Open charges
₹52.92 Cr
Satisfied ₹61.42 Cr
Company age
34 yrs
Est. 1992
Directors on board
8
As per MCA filings
About Karanja Industries Private Limited
Data last updated:
Karanja Industries Private Limited is a private limited company based in Bidar, Karnataka, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 30 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25199KA1992PTC012992. Its GSTIN is 29AABCK2063M1ZB (Karnataka).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.3 Cr. It is led by directors including Vijayakumar Veerashetty Patil (Managing Director) and Govind Kashinath Marathe.
Its last annual general meeting (AGM) was held on 24 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Radhakunj 2 Ndfloor H.No.8 – 10 – 50/1 Akkamahadevicolony, Bidar, Karnataka, India – 585401.
As per the financials filed for FY 2023, the company reported a revenue of ₹123.95 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹68.2 Lakh (net margin 0.6%) and EBITDA of ₹7.67 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹52.92 Cr and satisfied charges of ₹61.42 Cr on record. Court records list 51 cases involving the company, including 23 filed by the company and 28 filed against it; 10 cases are pending.
Karanja Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-06-0009231). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karanjaindustries.com.
Company details
CIN U25199KA1992PTC012992
Registration Number 012992
Incorporation Date 30 September 1992
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 June 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-06-0009231
CIN history
Karanja Industries has one previous CIN (Corporate Identification Number): U25199KA1983PTC012992. The current CIN is U25199KA1992PTC012992, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25199KA1992PTC012992 | Current |
| U25199KA1983PTC012992 | Previous |
Key People
Vijayakumar Veerashetty Patil Managing Director Govind Kashinath Marathe Director Vishwanath Nagappa Nimboor Director Recognitions & Rankings of Karanja Industries
Contact details
Karanja Industries Private Limited's registered office is in Bidar, Karnataka. Its website is karanjaindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRadhakunj 2 Ndfloor H.No.8 – 10 – 50/1 Akkamahadevicolony, Bidar, Karnataka, India – 585401
- IndustryManufacturing, Paper & Packaging Products, Rubber-Based Products
To see the full contact details of Karanja Industries Private Limited, buy the company report.
Comprehensive company report
Karanja Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Karanja Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wood and wood products, furniture, paper and paper products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Karanja Industries Private Limited, buy the company report.
Financials of Karanja Industries Private Limited
FY 2023 filings availableKaranja Industries Private Limited reported revenue of ₹123.95 Cr (up 3% YoY) for FY 2023.
Revenue · FY 2023
₹123.95 Cr ▲ 3%
Net profit · FY 2023
₹68.2 Lakh margin 0.6%
EBITDA · FY 2023
₹7.67 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 18%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 11%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA rose 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹123.95 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹68.2 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| 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 Karanja Industries Private Limited, buy the company report.
Board of directors of Karanja Industries Private Limited
Karanja Industries has 8 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Kashinath Marathe Also directs: Hog Engineering Pvt Ltd | Director | 21 Sep 2013 | 13 Years 1 Months | Current |
| Vishwanath Nagappa Nimboor | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
| Amar Avinash Yerolkar Also directs: Helius Diagnostics LLP, Sankav Dhrumankshi Green Energy Private Limited, Sriguru Solar Private Limited and 1 more | Director | 29 Sep 2019 | 7 Years 0 Months | Current |
| Kishorkumar Radhakishan Lachuriye | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Vijayakumar Veerashetty Patil | Managing Director | 25 Sep 2010 | 16 Years 1 Months | Current |
| Mahesh Madhavrao Nitturkar | Additional Director | 01 Oct 2018 | 8 Years 0 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Karanja Industries Private Limited is audited by SHANKAR AGARWAL & ASSOCIATES. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKAR AGARWAL & ASSOCIATES. | FY 2023 | 016955 S |
Shareholding
The shareholding of Karanja Industries Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karanja Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.92 Cr
Satisfied charges
₹61.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2017 | 100160999 | Others | ₹10.87 Lakh | Open | |
| 01 Feb 2017 | 100102194 | Others | ₹7.6 Lakh | Open | |
| 26 Oct 2016 | 100102190 | Others | ₹3.13 Lakh | Open | |
| 20 Jan 2015 | 10547565 | Others | ₹47.88 Cr | Open | |
| 05 Dec 2012 | 10400198 | Canara Bank | ₹5.25 Lakh | Open |
To see the full charge records of Karanja Industries Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Karanja Industries Private Limited has 51 court cases on record: 23 filed by Karanja Industries, 28 filed against it. 10 cases are pending and 41 are disposed.
Total cases
51
Filed by the company
23
Filed against the company
28
Pending
10
Disposed
41
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 22 | 7 |
| High courts | 14 | 6 | 3 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by Ms. Venkateshwara Papers Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Raja Recycling LLP and 1 other | Pending |
| High Court of Karnataka | Appeal | Filed by the company against Gulbarga Electricity Supply Company Limited and 1 other | Pending |
| District court, BIDAR, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Raja Recycling LLP Rep by Its Partner Sri. Sumith H Raja S/O Harish A Raja and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against M/S Raja Recycling LLP and 1 other | Disposed |
To see the full case history of Karanja Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karanja Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karanja Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCK2063M1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karanja Industries Private Limited, buy the company report.
Recent activity
Karanja Industries Private Limited has 38 board changes on record since 2007: 8 appointments and 30 cessations. The latest: Pushpa Kashinath Marathe ceased to be Additional Director on 09 Oct 2021.
AGM
Karanja Industries Private Limited last Annual general meeting of members was held on 24 Jun 2023 as per latest MCA records.
Filing
Karanja Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others of Rs. 47.88 Cr registered on 20 Jan 2015 with Charge ID 10547565 was modified on 25 Feb 2022.
Ceased
Pushpa Kashinath Marathe ceased to be Additional Director.
Ceased
Sheelwant Devendrappa ceased to be Additional Director.
Ceased
Hanmanthrao Sangramppa Biradar ceased to be Managing Director.
Ceased
Vaijinath Shankerappa Chillarge ceased to be Additional Director.
Ceased
Vijayakumar Veerashetty Patil ceased to be Director.
Ceased
Shivkumar Baswanappa Sherikar ceased to be Additional Director.
Ceased
Jyothi ceased to be Additional Director.
Appointed
Kishorkumar Radhakishan Lachuriye was appointed as Director.
Appointed
Amar Avinash Yerolkar was appointed as Director.
79 earlier events are in the company report.
Frequently asked questions
Karanja Industries is an active private limited company based in Bidar, Karnataka, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 30 September 1992 (34+ years old) and is registered under CIN U25199KA1992PTC012992.
Karanja Industries has 8 current directors:
- Vijayakumar Veerashetty Patil - Managing Director
- Govind Kashinath Marathe - Director
- Vishwanath Nagappa Nimboor - Director
- Amar Avinash Yerolkar - Director
- Kishorkumar Radhakishan Lachuriye - Director
- Mahesh Madhavrao Nitturkar - Additional Director
- Pandurang Arjunrao Biradar - Director
- Hanmanthrao Sangramppa Biradar - Director
The latest financial statements of Karanja Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 24 June 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Karanja Industries is 29AABCK2063M1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Karanja Industries is U25199KA1992PTC012992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karanja Industries has 51 court cases on record: 23 filed by the company and 28 filed against it. 10 are pending. Most are in the district courts.
Karanja Industries was incorporated on 30 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Pushpa Kashinath Marathe ceased to be Additional Director on 09 Oct 2021. Sheelwant Devendrappa ceased to be Additional Director on 09 Oct 2021. Hanmanthrao Sangramppa Biradar ceased to be Managing Director on 18 Nov 2020. Karanja Industries has 38 board changes on record in total.
Yes, Karanja Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-06-0009231).
Karanja Industries can be reached through the website karanjaindustries.com. Its registered office is in Bidar, Karnataka, India.