About Karma Techno Solutions Private Limited
Data last updated:
Karma Techno Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC240983. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jinal Mahendra Shah and Mukesh Bhaichand Mehta.
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 10/A/2 New Sion Chs Sindhi Colony Sion West, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.92 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 66.4%) and EBITDA of ₹2.42 Cr (EBITDA margin 82.8%). Revenue has grown at a compounded annual rate (CAGR) of 808% over three years and 467% over five years.
The company is associated with 1 brand: KarmaTech Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmatechsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10/A/2 New Sion Chs Sindhi Colony Sion West, Mumbai, Maharashtra, India – 400022
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Karma Techno Solutions Private Limited
The main business activity of Karma Techno Solutions is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Karma Techno Solutions Private Limited FY 2025 filings available
Karma Techno Solutions Private Limited reported revenue of ₹2.92 Cr (down 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Karma Techno Solutions Private Limited
Revenue fell 65% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 467%. EBITDA fell 63% 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 of Karma Techno Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.94 Cr | •••• | •••• | •••• | •••• |
| 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 of Karma Techno Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 66.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karma Techno Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Karma Techno Solutions Private Limited
Karma Techno Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skilledanswers Infosolutions Private Limited | ₹2.93 Cr (FY 2024) | •••• | •••• | -41.0% | •••• | Bamgalore, Karnataka, India |
| Multiplex Internet Ventures Private Limited | ₹2.93 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Jaipur, Rajasthan, India |
| Bangalore Softsell Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Bangalore, Karnataka, India |
| Securenext Softwares Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Chennai, Tamil Nadu, India |
| Winux Software Solutions Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Chandigarh, India |
| Karma Techno Solutions Private Limited this company | ₹2.92 Cr (FY 2024) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Jargon Handlers Software Solutions Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Chennai, Tamil Nadu, India |
| Blue Zone Systems Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Quest Innovative Solutions Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Kochi, Kerala, India |
| Logictree IT Solutions Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Researchfin India Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 119.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Karma Techno Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Karma Techno Solutions Private Limited
Karma Techno Solutions Private Limited is audited by PIYUSH C SHAH for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIYUSH C SHAH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Karma Techno Solutions Private Limited
Karma Techno Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinal Mahendra Shah | Director | 20 Sep 2017 | 9 Years 0 Months | Current |
| Mukesh Bhaichand Mehta | Director | 19 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Karma Techno Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karma Techno Solutions Private Limited
Karma Techno Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Karma Techno Solutions Private Limited
Karma Techno Solutions operates one associated brand: KarmaTech Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web design, development, SEO, and e-commerce solutions for businesses. | karmatechsolutions.com |
Employees and EPFO Compliance at Karma Techno Solutions Private Limited
Employment history and EPFO contributions of people linked to Karma Techno Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Karma Techno Solutions Private Limited
Recent Activity on Karma Techno Solutions Private Limited
Karma Techno Solutions Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Bhaichand Bavchand Mehta ceased to be Director on 13 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Karma Techno Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karma Techno Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karma Techno Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karma Techno Solutions Private Limited
Karma Techno Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karma Techno Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karma Techno Solutions Private Limited
Karma Techno Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 March 2013 (13+ years old) and is registered under CIN U74900MH2013PTC240983.
Karma Techno Solutions reported revenue of ₹2.92 Cr for FY 2024 (down 65% YoY).
Karma Techno Solutions has 2 current directors:
- Jinal Mahendra Shah - Director
- Mukesh Bhaichand Mehta - Director
Karma Techno Solutions reported a net profit of ₹1.94 Cr (net margin 66.4%) and EBITDA of ₹2.42 Cr (EBITDA margin 82.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karma Techno Solutions is 808% over three years and 467% over five years. In the latest year (FY 2024) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
No. Karma Techno Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karma Techno Solutions is U74900MH2013PTC240983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma Techno Solutions was incorporated on 14 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Karma Techno Solutions by revenue are Skilledanswers Infosolutions Private Limited, Multiplex Internet Ventures Private Limited, Bangalore Softsell Limited, Securenext Softwares Private Limited, Winux Software Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Bhaichand Bavchand Mehta ceased to be Director on 13 May 2025. Mukesh Bhaichand Mehta ceased to be Additional Director on 29 Sep 2023. Mukesh Bhaichand Mehta was appointed as Director on 19 Apr 2023. Karma Techno Solutions has 6 board changes on record in total.
Karma Techno Solutions can be reached through the website karmatechsolutions.com. Its registered office is in Mumbai, Maharashtra, India.