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Karma Ecotech Limited - environment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.13 Cr
▲ 168% YoY
Net profit · FY 2025
₹11.07 Cr
Net margin 19%
EBITDA · FY 2025
₹11.65 Cr
EBITDA margin 20%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.08 Cr
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹50 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
34
Provident fund records
About Karma Ecotech Limited
Data last updated:
Karma Ecotech Limited is a public limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 28 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PLC339735. Its GSTIN is 07AAHCK2972R1ZR (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Nimit Aggarwal and Akshaya Kumar Rath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 – C 5th Floor Hansalaya Building 15 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.07 Cr (net margin 19%) and EBITDA of ₹11.65 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 237% over three years and 120% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ecoex. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company; 5 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹35.5 Cr; the latest was in October 2025.
Karma Ecotech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0002507). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecoex.market.
Company details
CIN U74999DL2018PLC339735
Registration Number 339735
Incorporation Date 28 September 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-03-0002507
CIN history
Karma Ecotech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999DL2018PLC339735, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2018PLC339735 | Current |
| U17299DL2018PTC339735 | Previous |
| U74999DL2018PTC339735 | Previous |
Key People
Nimit Aggarwal Director Sundeep Kumar Nayak Additional Director Akshaya Kumar Rath Director Recognitions & Rankings of Karma Ecotech
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0002507
Contact details
Karma Ecotech Limited's registered office is in New Delhi, Delhi. Its website is ecoex.market. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 – C 5th Floor Hansalaya Building 15 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Karma Ecotech Limited, buy the company report.
Comprehensive company report
Karma Ecotech 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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Secure checkout · GST invoice included
Brands
Karma Ecotech operates one associated brand: Ecoex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers EPR services, waste commodity trading, and technology consulting for waste management. | ecoex.market |
Business activity
The main business activity of Karma Ecotech is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Karma Ecotech Limited, buy the company report.
Financials of Karma Ecotech Limited
FY 2025 filings availableKarma Ecotech Limited reported revenue of ₹58.13 Cr (up 168% YoY) for FY 2025.
Revenue · FY 2025
₹58.13 Cr ▲ 168%
Net profit · FY 2025
₹11.07 Cr margin 19%
EBITDA · FY 2025
₹11.65 Cr margin 20%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 168%
3 years · compounded
▲ 237%
5 years · compounded
▲ 120%
EBITDA CAGR growth
1 year
▲ 344%
3 years · compounded
▲ 340%
5 years · compounded
▲ 87%
Revenue has grown at a compounded annual rate (CAGR) of 120% over five years, including 168% growth in the latest year. EBITDA rose 344% 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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| EBITDA | ₹11.65 Cr | ||||
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| Net Profit (PAT) | ₹11.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 19% | ||||
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To see the full financial statements and ratios of Karma Ecotech Limited, buy the company report.
Board of directors of Karma Ecotech Limited
Karma Ecotech has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimit Aggarwal Also directs: Mondew Agri Science Private Limited, Elephant Systems Private Limited, GRB Finvest Private Limited and 4 more | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
| Sundeep Kumar Nayak Also directs: Vasudhara Strategic Advisory Private Limited | Additional Director | 04 Nov 2025 | 0 Years 11 Months | Current |
| Akshaya Kumar Rath Also directs: Ecoex Foundation | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Satya Bhusan Dash | Director | 04 May 2023 | 3 Years 5 Months | Current |
Auditor
Karma Ecotech Limited is audited by V Sahai Tripathi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Sahai Tripathi & Co. | FY 2023 | 000262N |
Shareholding
The shareholding of Karma Ecotech 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 Karma Ecotech Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2024 | 101019046 | Others | ₹50 Lakh | Open | |
| 18 Mar 2020 | 100335342 | Axis Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Karma Ecotech Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Karma Ecotech Limited has 1 deal on record (1 funding round), with disclosed funding of ₹35.5 Cr; the latest was in October 2025.
Total deals
1
Funding round
1
Disclosed funding
₹35.5 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round · Seed | ₹35.5 Cr | Investors: Dovetail Global Fund PCC, Narnolia Velox Fund, Navbharat Investment Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karma Ecotech Limited has 5 court cases on record: 5 filed by Karma Ecotech. All cases are pending.
Total cases
5
Filed by the company
5
Pending
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Cremica Food Industries Limited | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Optimum Ecosolutions Private Limited and 1 other | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Ncdex E Markets Ltd | Pending |
| District court, New Delhi, Delhi | Revision petition | Filed by the company against State (NCT of Delhi) and Ors | Pending |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against Arya International and Ors and 1 other | Pending |
To see the full case history of Karma Ecotech 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 Karma Ecotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karma Ecotech Limited has a workforce of 34 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
61.9%
GST
Karma Ecotech has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCK2972R1ZR | Delhi | Active | 13 Apr 2019 |
| 08AAHCK2972R1C0 | Rajasthan | Active | 19 Nov 2020 |
| 27AAHCK2972R1C0 | Maharashtra | Active | 25 Nov 2020 |
| 36AAHCK2972R1C1 | Telangana | Active | 22 Jan 2021 |
To see the full GST registrations and return filing status of Karma Ecotech Limited, buy the company report.
Recent activity
Karma Ecotech Limited has 14 board changes on record since 2018: 9 appointments and 5 cessations. The latest: Sundeep Kumar Nayak was appointed as Additional Director on 04 Nov 2025.
Appointed
Sundeep Kumar Nayak was appointed as Additional Director.
AGM
Karma Ecotech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karma Ecotech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101019046 was registered on 28 Nov 2024.
Ceased
Tarun Aggarwal ceased to be CFO.
Ceased
Ayushi Sikka ceased to be Additional Director.
Appointed
Akshaya Kumar Rath was appointed as Director.
Ceased
Pintu Kumar Mandal ceased to be Director.
Appointed
Tarun Aggarwal was appointed as CFO.
Appointed
Ayushi Sikka was appointed as Additional Director.
Appointed
Satya Bhusan Dash was appointed as Director.
Charges
A charge registered on 18 Mar 2020 via Charge ID 100335342 with Axis Bank Limited was fully satisfied on 31 Mar 2022.
8 earlier events are in the company report.
News
Frequently asked questions
Karma Ecotech is an active public limited company based in New Delhi, Delhi, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 28 September 2018 (8+ years old) and is registered under CIN U74999DL2018PLC339735.
Karma Ecotech has 4 current directors:
- Nimit Aggarwal - Director
- Sundeep Kumar Nayak - Additional Director
- Akshaya Kumar Rath - Director
- Satya Bhusan Dash - Director
The latest financial statements of Karma Ecotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Karma Ecotech is 07AAHCK2972R1ZR, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAHCK2972R1C0 (Rajasthan), 27AAHCK2972R1C0 (Maharashtra), 36AAHCK2972R1C1 (Telangana).
The CIN (Corporate Identification Number) of Karma Ecotech is U74999DL2018PLC339735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma Ecotech has 5 court cases on record: 5 filed by the company. 5 are pending. Most are in the district courts.
Karma Ecotech was incorporated on 28 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Karma Ecotech has 1 deal on record (1 funding round), with disclosed funding of ₹35.5 Cr; the latest was in October 2025.
Sundeep Kumar Nayak was appointed as Additional Director on 04 Nov 2025. Tarun Aggarwal ceased to be CFO on 28 Aug 2024. Ayushi Sikka ceased to be Additional Director on 30 Mar 2024. Karma Ecotech has 14 board changes on record in total.
Yes, Karma Ecotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).