Karennavar Buildmat Private Limited

Karennavar Buildmat Private Limited - metals and minerals in Dharwad, Karnataka, India. FY 2026 financials & compliance.
CIN U45205KA2015PTC078411 Incorporated 20 January 2015 ROC Bangalore HQ Dharwad, Karnataka, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2024
₹11.13 Cr
▼ 35% YoY
Net profit · FY 2024
₹77.48 Lakh
Net margin 7%
EBITDA · FY 2024
₹97.51 Lakh
EBITDA margin 8.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹35 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings

About Karennavar Buildmat Private Limited

Data last updated:

Karennavar Buildmat Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 20 January 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2015PTC078411. Its GSTIN is 29AAFCK7259K1ZV (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prakash Mahadevappa Karennavar (Managing Director) and Shobha Prakash Karennavar.

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 Cts No. 10847/73A/7B Sharada School Road Saptapur, Dharwad, Karnataka, India – 580001.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.13 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹77.48 Lakh (net margin 7%) and EBITDA of ₹97.51 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹35 Lakh on record.

Karennavar Buildmat Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0014720). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U45205KA2015PTC078411
Registration Number 078411
Incorporation Date 20 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-13-0014720

Recognitions & Rankings of Karennavar Buildmat

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-13-0014720

Contact details

Karennavar Buildmat Private Limited's registered office is in Dharwad, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Cts No. 10847/73A/7B Sharada School Road Saptapur, Dharwad, Karnataka, India – 580001
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of Karennavar Buildmat Private Limited, buy the company report.

Comprehensive company report
Karennavar Buildmat 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 Karennavar Buildmat is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Karennavar Buildmat Private Limited, buy the company report.

Financials of Karennavar Buildmat Private Limited

FY 2024 filings available

Karennavar Buildmat Private Limited reported revenue of ₹11.13 Cr (down 35% YoY) for FY 2024.

Revenue · FY 2024
₹11.13 Cr ▼ 35%
Net profit · FY 2024
₹77.48 Lakh margin 7%
EBITDA · FY 2024
₹97.51 Lakh margin 8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 16%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 29%
5 years · compounded
▲ 7%

Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹97.51 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹77.48 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.8%
Net Profit Margin7%
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 Karennavar Buildmat Private Limited, buy the company report.

Board of directors of Karennavar Buildmat Private Limited

Karennavar Buildmat has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shobha Prakash KarennavarDirector20 Jan 201511 Years 9 MonthsCurrent
Vijayalaxmi Basavaraj KarennavarDirector20 Jan 201511 Years 9 MonthsCurrent
Prakash Mahadevappa KarennavarManaging Director20 Jan 201511 Years 9 MonthsCurrent

Peer comparison

Karennavar Buildmat Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Materials Retail and Distribution, Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Target Buildwell (India) Private Limited₹11.14 Cr (FY 2024)427.0%Bhiwadi, Rajasthan, India
Karennavar Buildmat Private Limitedthis company₹11.13 Cr (FY 2024)₹77.48 Lakh7%-35.0%Dharwad, Karnataka, India
A.G. Advance Chemicals Private Limited₹11.11 Cr (FY 2025)-39.0%New Delhi, Delhi, India
Saravana Concrete Private Limited₹11.11 Cr (FY 2024)164.0%Tirupur, Tamil Nadu, India

To see the full peer comparison of Karennavar Buildmat Private Limited, buy the company report.

Auditor

Karennavar Buildmat Private Limited is audited by Manjunath Sompur & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Manjunath Sompur & Co.FY 2023015747S

Shareholding

The shareholding of Karennavar Buildmat Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Karennavar Buildmat Private Limited, buy the company report.

Charges & borrowings

Open charges
₹35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Nov 2023100830235Canara Bank₹35 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karennavar Buildmat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Karennavar Buildmat has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCK7259K1ZVKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Karennavar Buildmat Private Limited, buy the company report.

Recent activity

Karennavar Buildmat Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Prakash Mahadevappa Karennavar ceased to be Director on 21 Mar 2016.

AGM
Karennavar Buildmat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Karennavar Buildmat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 35.00 Lakh with Charge ID 100830235 was registered on 09 Nov 2023.
Ceased
Prakash Mahadevappa Karennavar ceased to be Director.
Ceased
Basavaraj Mahadevappa Karennavar ceased to be Director.
Appointed
Prakash Mahadevappa Karennavar was appointed as Managing Director.
Appointed
Shobha Prakash Karennavar was appointed as Director.
Appointed
Vijayalaxmi Basavaraj Karennavar was appointed as Director.
Incorporation
20 Jan 2015
Karennavar Buildmat Private Limited was registered on 20 Jan 2015 with Roc Bangalore & aged 11 years 9 months as per MCA records.

Frequently asked questions

Karennavar Buildmat is an active private limited company based in Dharwad, Karnataka, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 20 January 2015 (11+ years old) and is registered under CIN U45205KA2015PTC078411.

Karennavar Buildmat has 3 current directors:

The latest financial statements of Karennavar Buildmat 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 Karennavar Buildmat is 29AAFCK7259K1ZV, registered in Karnataka.

The CIN (Corporate Identification Number) of Karennavar Buildmat is U45205KA2015PTC078411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karennavar Buildmat was incorporated on 20 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Karennavar Buildmat by revenue are Target Buildwell (India) Private Limited, A.G. Advance Chemicals Private Limited, Saravana Concrete Private Limited, all in the Infrastructure industry (Construction Materials Retail and Distribution, Construction Services), with the same principal business activity (buildings).

Prakash Mahadevappa Karennavar ceased to be Director on 21 Mar 2016. Basavaraj Mahadevappa Karennavar ceased to be Director on 09 Feb 2015. Prakash Mahadevappa Karennavar was appointed as Managing Director on 20 Jan 2015. Karennavar Buildmat has 5 board changes on record in total.

Yes, Karennavar Buildmat is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0014720).

The registered office of Karennavar Buildmat is at Cts No. 1084773A7B Sharada School Road Saptapur, Dharwad, Karnataka, India – 580001.

Karennavar Buildmat operates in the metals and minerals industry, in the construction materials retail and distribution segment.