MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0015466
Karma Innovations and Solutions Private Limited - healthcare in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.7 Cr
▲ 112% YoY
Net profit · FY 2024
₹9.49 Lakh
Net margin 3.5%
EBITDA · FY 2024
₹29.33 Lakh
EBITDA margin 10.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹43.02 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Satisfied ₹60 Lakh
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Karma Innovations and Solutions Private Limited
Data last updated:
Karma Innovations and Solutions Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 22 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29214TZ2012PTC018288. Its GSTIN is 33AAECK7689Q1ZL (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43.02 Lakh. It is led by directors Palanisamy Malaravan and Jawahar Karthikeyan.
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 46 Arasamara Street Avarampalayam, Coimbatore, Tamil Nadu, India – 641006.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.7 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹9.49 Lakh (net margin 3.5%) and EBITDA of ₹29.33 Lakh (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 7% over five years.
The company is associated with 1 brand: Karma Innovations & Solutions. As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹60 Lakh on record.
Karma Innovations and Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0015466). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmainnovations.com.
Company details
CIN U29214TZ2012PTC018288
Registration Number 018288
Incorporation Date 22 May 2012
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0015466
Recognitions & Rankings of Karma Innovations and Solutions
Contact details
Karma Innovations and Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is karmainnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address46 Arasamara Street Avarampalayam, Coimbatore, Tamil Nadu, India – 641006
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Karma Innovations and Solutions Private Limited, buy the company report.
Comprehensive company report
Karma Innovations and Solutions 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
Karma Innovations and Solutions operates one associated brand: Karma Innovations & Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital X-Ray based inspection and sorting systems | karmainnovations.com |
Business activity
The main business activity of Karma Innovations and Solutions is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Karma Innovations and Solutions Private Limited, buy the company report.
Financials of Karma Innovations and Solutions Private Limited
FY 2025 filings availableKarma Innovations and Solutions Private Limited reported revenue of ₹2.7 Cr (up 112% YoY) for FY 2024.
Revenue · FY 2024
₹2.7 Cr ▲ 112%
Net profit · FY 2024
₹9.49 Lakh margin 3.5%
EBITDA · FY 2024
₹29.33 Lakh margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 29%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 50%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 112% growth in the latest year. EBITDA rose 52% 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 | ₹29.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.49 Lakh | ||||
| Balance Sheet | |||||
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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 | 10.8% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Karma Innovations and Solutions Private Limited, buy the company report.
Board of directors of Karma Innovations and Solutions Private Limited
Karma Innovations and Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Malaravan Also directs: Karma NDT Services Private Limited | Director | 22 May 2012 | 14 Years 5 Months | Current |
| Jawahar Karthikeyan | Director | 22 May 2012 | 14 Years 5 Months | Current |
Auditor
Karma Innovations and Solutions Private Limited is audited by P.LAKSHMIPATHY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.LAKSHMIPATHY | FY 2023 | 200216 |
Shareholding
The shareholding of Karma Innovations and Solutions 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 Karma Innovations and Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.2 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2025 | 101065635 | Indian Bank | ₹1.2 Cr | Open | |
| 17 Jun 2013 | 10440025 | Indian Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Karma Innovations and Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Karma Innovations and Solutions 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 Karma Innovations and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karma Innovations and Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECK7689Q1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karma Innovations and Solutions Private Limited, buy the company report.
Recent activity
Karma Innovations and Solutions Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Sambasivam Sachithanandam ceased to be Director on 26 May 2025.
AGM
Karma Innovations And Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sambasivam Sachithanandam ceased to be Director.
Filing
Karma Innovations And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Indian Bank amounted to Rs. 120.00 Lakh with Charge ID 101065635 was registered on 18 Feb 2025.
Charges
A charge registered on 17 Jun 2013 via Charge ID 10440025 with Indian Bank was fully satisfied on 21 Jan 2021.
Charges
A charge with Indian Bank amounted to Rs. 60.00 Lakh with Charge ID 10440025 was registered on 17 Jun 2013.
Appointed
Jawahar Karthikeyan was appointed as Director.
Appointed
Palanisamy Malaravan was appointed as Director.
Appointed
Sambasivam Sachithanandam was appointed as Director.
Incorporation
22 May 2012
Karma Innovations And Solutions Private Limited was registered on 22 May 2012 with Roc Coimbatore & aged 14 years 5 months as per MCA records.
Frequently asked questions
Karma Innovations and Solutions is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 22 May 2012 (14+ years old) and is registered under CIN U29214TZ2012PTC018288.
Karma Innovations and Solutions has 2 current directors:
- Palanisamy Malaravan - Director
- Jawahar Karthikeyan - Director
The latest financial statements of Karma Innovations and Solutions 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 2015 are in the company report.
The GSTIN of Karma Innovations and Solutions is 33AAECK7689Q1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Karma Innovations and Solutions is U29214TZ2012PTC018288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma Innovations and Solutions was incorporated on 22 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sambasivam Sachithanandam ceased to be Director on 26 May 2025. Jawahar Karthikeyan was appointed as Director on 22 May 2012. Palanisamy Malaravan was appointed as Director on 22 May 2012. Karma Innovations and Solutions has 4 board changes on record in total.
Yes, Karma Innovations and Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0015466).
Karma Innovations and Solutions can be reached through the website karmainnovations.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Karma Innovations and Solutions is at 46 Arasamara Street Avarampalayam, Coimbatore, Tamil Nadu, India – 641006.
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