- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-13-0014720

Karennavar Buildmat Private Limited
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
Recognitions & Rankings of Karennavar Buildmat
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 AddressCts No. 10847/73A/7B Sharada School Road Saptapur, Dharwad, Karnataka, India – 580001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Karennavar Buildmat 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
Business activity
The main business activity of Karennavar Buildmat 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 Karennavar Buildmat Private Limited, buy the company report.
Financials of Karennavar Buildmat Private Limited
FY 2024 filings availableKarennavar Buildmat Private Limited reported revenue of ₹11.13 Cr (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹97.51 Lakh | ||||
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| Net Profit (PAT) | ₹77.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 7% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobha Prakash Karennavar | Director | 20 Jan 2015 | 11 Years 9 Months | Current |
| Vijayalaxmi Basavaraj Karennavar | Director | 20 Jan 2015 | 11 Years 9 Months | Current |
| Prakash Mahadevappa Karennavar Also directs: Finarna Technologies Private Limited | Managing Director | 20 Jan 2015 | 11 Years 9 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 7% | -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 firm | Financial year | Firm registration number |
|---|---|---|
| Manjunath Sompur & Co. | FY 2023 | 015747S |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2023 | 100830235 | Canara Bank | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Karennavar Buildmat 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK7259K1ZV | Karnataka | Active | 01 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.
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:
- Prakash Mahadevappa Karennavar - Managing Director
- Shobha Prakash Karennavar - Director
- Vijayalaxmi Basavaraj Karennavar - Director
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.

