
Karb Associates Pvt Ltd
About Karb Associates Pvt Ltd
Data last updated:
Karb Associates Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1986PTC040022. Its GSTIN is 19AABCK0927G1ZO (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.51 Lakh. It is led by directors including Vikram Singh Binayak and Manju Binayak.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 Ho Chi Minh Sarani, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.76 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹9.12 Lakh (net margin 9.3%) and EBITDA of ₹18.99 Lakh (EBITDA margin 19.4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹44 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karb Associates Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Ho Chi Minh Sarani, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karb Associates Pvt Ltd, 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
Business activity
The main business activity of Karb Associates is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Karb Associates Pvt Ltd, buy the company report.
Financials of Karb Associates Pvt Ltd
FY 2024 filings availableKarb Associates Pvt Ltd reported revenue of ₹97.76 Lakh (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 38% fall in the latest year. EBITDA fell 63% 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 2024-25 | 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 | ₹18.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.12 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | 9.3% | ||||
| 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 Karb Associates Pvt Ltd, buy the company report.
Board of directors of Karb Associates Pvt Ltd
Karb Associates has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Singh Binayak Also directs: Binayak Multiplex Private Limited, A.K.G. Hotels & Resorts Private Limited, Goodview Commodities LLP and 5 more | Director | 05 Nov 2002 | 23 Years 11 Months | Current |
| Manju Binayak Also directs: Binayak Multiplex Private Limited, Binayak Dwellings Private Limited, Binayak Cottage Private Limited and 5 more | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
| Shweta Binayak Also directs: Binayak Heights Private Limited, Fitsit Commerce Pvt. Ltd., Binayak Villa Private Limited and 5 more | Director | 10 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Karb Associates Pvt Ltd is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amrit Colonisers Private Limited | ₹97.8 Lakh (FY 2024) | -64.0% | Bhopal, Madhya Pradesh, India | |||
| RVS Infracon OPC Private Limited | ₹97.79 Lakh (FY 2019) | 169.0% | Faridabad, Haryana, India | |||
| Sansid Holdings and Properties Private Limited | ₹97.77 Lakh (FY 2025) | 50.0% | Uthagamund, Tamil Nadu, India | |||
| Karb Associates Pvt Ltdthis company | ₹97.76 Lakh (FY 2025) | ₹9.12 Lakh | 9.3% | -38.0% | Kolkata, West Bengal, India | |
| Sadguru-Ashish Land Developers Private Limited | ₹97.74 Lakh (FY 2021) | 7902.0% | Dapoli, Maharashtra, India | |||
| Satguru Infraprojects Private Limited | ₹97.73 Lakh (FY 2024) | 268.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Karb Associates Pvt Ltd, buy the company report.
Auditor
Karb Associates Pvt Ltd is audited by M.P.SUREKA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.P.SUREKA & CO. | FY 2022 | 322097E |
Shareholding
The shareholding of Karb Associates Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karb Associates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2024 | 100986328 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 21 May 2022 | 100590400 | Hdfc Bank Limited | ₹14 Lakh | Open | |
| 13 Dec 2021 | 100543282 | Hdfc Bank Limited | ₹15 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Karb Associates Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (ITAT) | Filed against the company by Principal Commissioner of Income Tax 1 Kolkata | Disposed |
To see the full case history of Karb Associates Pvt Ltd, 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 Karb Associates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karb Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCK0927G1ZO | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karb Associates Pvt Ltd, buy the company report.
Recent activity
Karb Associates Pvt Ltd has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Manju Binayak was appointed as Director on 20 Apr 2023.
1 earlier event is in the company report.
Frequently asked questions
Karb Associates is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 January 1986 (40+ years old) and is registered under CIN U70109WB1986PTC040022.
Karb Associates has 3 current directors:
- Vikram Singh Binayak - Director
- Manju Binayak - Director
- Shweta Binayak - Director
The latest financial statements of Karb Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Karb Associates is 19AABCK0927G1ZO, registered in West Bengal.
The CIN (Corporate Identification Number) of Karb Associates is U70109WB1986PTC040022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karb Associates has 1 court case on record: 1 filed against it.
Karb Associates was incorporated on 15 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Karb Associates by revenue are Amrit Colonisers Private Limited, RVS Infracon OPC Private Limited, Sansid Holdings and Properties Private Limited, Sadguru-Ashish Land Developers Private Limited, Satguru Infraprojects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Manju Binayak was appointed as Director on 20 Apr 2023. Karan Singh Binayak ceased to be Director on 19 Dec 2018. Shweta Binayak ceased to be Additional Director on 29 Sep 2017. Karb Associates has 7 board changes on record in total.
The registered office of Karb Associates is at 4 Ho Chi Minh Sarani, Kolkata, West Bengal, India – 700071.
Karb Associates operates in the real estate and construction industry, in the real estate builders and developers segment.