MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0046568
Karle Homes Private Limited - real estate and construction in Chinchinim, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹156.67 Cr
▲ 49% YoY
Net loss · FY 2025
₹10.38 Cr
Net margin -6.6%
EBITDA · FY 2025
₹1.33 Cr
EBITDA margin 0.9%
Authorised capital
₹33 Cr
Registered with MCA
Paid-up capital
₹31.44 Cr
Issued & subscribed
Open charges
₹270 Cr
Satisfied ₹1,382.34 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
52
Provident fund records
About Karle Homes Private Limited
Data last updated:
Karle Homes Private Limited is a private limited company based in Chinchinim, Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U68200GA2011PTC006833. Its GSTIN is 29AAECK5633N1Z0 (Karnataka).
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹31.44 Cr. It is led by directors Sudarshan Karle (Whole-Time Director) and Mahendra Karle (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 625/A Dandeavaddo Salcette, Chinchinim, Goa, India – 403715.
As per the financials filed for FY 2025, the company reported a revenue of ₹156.67 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹10.38 Cr (net margin -6.6%) and EBITDA of ₹1.33 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 24% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Karle Group. As per MCA filings, the company has open charges of ₹270 Cr and satisfied charges of ₹1,382.34 Cr on record. Court records list 25 cases involving the company, including 13 filed by the company and 12 filed against it; 12 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2019. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is Shangrila Infracon India Private Limited with revenue of ₹156.96 Cr. The company has 6 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 20 micro and small suppliers.
Karle Homes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0046568). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karletowncentre.com.
Company details
CIN U68200GA2011PTC006833
Registration Number 006833
Incorporation Date 29 November 2011
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0046568
CIN history
Karle Homes has one previous CIN (Corporate Identification Number): U45400GA2011PTC006833. The current CIN is U68200GA2011PTC006833, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200GA2011PTC006833 | Current |
| U45400GA2011PTC006833 | Previous |
Recognitions & Rankings of Karle Homes
Contact details
Karle Homes Private Limited's registered office is in Chinchinim, Goa.
- Social Media
- Registered Address625/A Dandeavaddo Salcette, Chinchinim, Goa, India – 403715
- IndustryReal Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Karle Homes 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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Brands
Karle Homes operates one associated brand: Karle Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed in Bengaluru, India. | karlegroup.com |
Business activity
The main business activity of Karle Homes 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 Karle Homes Private Limited, buy the company report.
Financials of Karle Homes Private Limited
FY 2025 filings availableKarle Homes Private Limited reported revenue of ₹156.67 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹156.67 Cr ▲ 49%
Net loss · FY 2025
₹10.38 Cr margin -6.6%
EBITDA · FY 2025
₹1.33 Cr margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 5%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 64%
5 years · compounded
▼ 42%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 49% growth in the latest year. EBITDA fell 89% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.38 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -6.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Karle Homes Private Limited, buy the company report.
Board of directors of Karle Homes Private Limited
Karle Homes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudarshan Karle Also directs: Brain 'N' Beyond Biotech Private Limited, Karle Health Sciences Private Limited, Karle Tech Park Private Limited and 3 more | Whole-Time Director | 29 Nov 2011 | 14 Years 11 Months | Current |
| Mahendra Karle Also directs: Brain 'N' Beyond Biotech Private Limited, Karle Health Sciences Private Limited, Karle Tech Park Private Limited and 3 more | Whole-Time Director | 29 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Karle Homes Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Shangrila Infracon India Private Limited | ₹156.96 Cr (FY 2025) | 143.0% | Shamshabad, Telangana, India | |||
| Karle Homes Private Limitedthis company | ₹156.67 Cr (FY 2025) | -₹10.38 Cr | -6.6% | 49.0% | Chinchinim, Goa, India | |
| Shree Siddhivinayak Realhomes Private Limited | ₹156.42 Cr (FY 2025) | 64.0% | Mumbai, Maharashtra, India | |||
| JSB Homemakers Private Limited | ₹156.17 Cr (FY 2025) | 74.0% | Mumbai, Maharashtra, India | |||
| Vilas Javdekar Eco Shelters Private Limited | ₹155.92 Cr (FY 2025) | -47.0% | Pune, Maharashtra, India |
To see the full peer comparison of Karle Homes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹270 Cr
Satisfied charges
₹1,382.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2024 | 100912214 | Others | ₹20 Cr | Open | |
| 19 Jul 2022 | 100601703 | Others | ₹250 Cr | Open | |
| 03 May 2018 | 100179616 | Others | ₹465 Cr | Satisfied | |
| 08 Jul 2016 | 100041522 | Others | ₹400 Cr | Satisfied | |
| 29 Dec 2015 | 10616305 | Syndicate Bank | ₹8.42 Lakh | Satisfied |
To see the full charge records of Karle Homes Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Karle Homes Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2019.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mahendra Karle HUF, Sudarshan Karle HUF |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karle Homes Private Limited has 25 court cases on record: 13 filed by Karle Homes, 12 filed against it. 12 cases are pending and 13 are disposed.
Total cases
25
Filed by the company
13
Filed against the company
12
Pending
12
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 7 | 9 |
| District courts | 6 | 4 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Karle Infra Private Limited | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner | Pending |
| District court, BENGALURU, Karnataka | Court case (P.MIS.) | Filed against the company | Pending |
| High Court | Writ petition | Filed by the company against Regional Provident Fund Commissioner- II and 2 others | Pending |
To see the full case history of Karle Homes 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
Karle Homes Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sila Solutions Private Limited | |||
| Fluxtronics | |||
| Stalwart People Services India Limited | |||
| SJK Engineers & Facility Managers Private Limited | |||
| I Focus Solutions India Private Limited |
To see the full MSME payment records of Karle Homes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Karle Homes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK5633N1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karle Homes Private Limited, buy the company report.
Recent activity
Karle Homes Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Beerana Selvakumar Jai Madhuvanthi ceased to be Company Secretary on 30 Jun 2021.
AGM
Karle Homes Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Karle Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100912214 was registered on 25 Apr 2024.
Charges
A charge registered on 29 Dec 2015 via Charge ID 10616305 with Syndicate Bank was fully satisfied on 17 Feb 2023.
Charges
A charge with Others of Rs. 250.00 Cr registered on 19 Jul 2022 with Charge ID 100601703 was modified on 18 Aug 2022.
Charges
A charge registered on 03 May 2018 via Charge ID 100179616 with Others was fully satisfied on 17 Aug 2022.
Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 100601703 was registered on 19 Jul 2022.
Charges
A charge registered on 01 Jul 2015 via Charge ID 10584892 with Punjab National Bank was fully satisfied on 05 Nov 2021.
Ceased
Beerana Selvakumar Jai Madhuvanthi ceased to be Company Secretary.
Ceased
Shweta Khandelwal ceased to be Company Secretary.
Charges
A charge registered on 08 Jul 2016 via Charge ID 100041522 with Others was fully satisfied on 28 May 2018.
Charges
A charge with Others amounted to Rs. 465.00 Cr with Charge ID 100179616 was registered on 03 May 2018.
23 earlier events are in the company report.
Frequently asked questions
Karle Homes is an active private limited company based in Chinchinim, Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 November 2011 (15+ years old) and is registered under CIN U68200GA2011PTC006833.
Karle Homes has 2 current directors:
- Sudarshan Karle - Whole-Time Director
- Mahendra Karle - Whole-Time Director
The latest financial statements of Karle Homes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karle Homes is 29AAECK5633N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Karle Homes is U68200GA2011PTC006833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karle Homes has 25 court cases on record: 13 filed by the company and 12 filed against it. 12 are pending. Most are in the high courts.
Karle Homes was incorporated on 29 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Goa.
Karle Homes has 2 deals on record (2 secondary share transfers); the latest was in September 2019.
The peers of Karle Homes by revenue are Shangrila Infracon India Private Limited, Shree Siddhivinayak Realhomes Private Limited, JSB Homemakers Private Limited, Vilas Javdekar Eco Shelters Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Beerana Selvakumar Jai Madhuvanthi ceased to be Company Secretary on 30 Jun 2021. Shweta Khandelwal ceased to be Company Secretary on 29 May 2020. Mahendra Karle ceased to be Director on 01 Oct 2014. Karle Homes has 6 board changes on record in total.
Yes, Karle Homes is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0046568).
Karle Homes has 6 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 20 micro and small suppliers. The latest return was filed on 21 Dec 2023.
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