DPIIT recognised startup Government of India
Karmanath Textiles Private Limited
Karmanath Textiles Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹3.89 Cr
▲ 29% YoY
Net profit · FY 2026
₹17.53 Lakh
Net margin 4.5%
EBITDA · FY 2026
₹2.05 Cr
EBITDA margin 52.6%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹16.22 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Karmanath Textiles Private Limited
Data last updated:
Karmanath Textiles Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2020PTC118888. Its GSTIN is 24AAICK5045L1ZC (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Mehulkumar Bholabhai Dhameliya and Yogeshkumar Chandulal Ramoliya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot – B – 14 Chitrakutt Co.Op. H. Soc. Ltd Near Hirabaug Varachha Road Surat, Gujarat, India – 395006.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.89 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹17.53 Lakh (net margin 4.5%) and EBITDA of ₹2.05 Cr (EBITDA margin 52.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
As per MCA filings, the company has open charges of ₹16.22 Cr on record.
Karmanath Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0068722). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17299GJ2020PTC118888
Registration Number 118888
Incorporation Date 16 December 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0068722
Key People
Mehulkumar Bholabhai Dhameliya Director Yogeshkumar Chandulal Ramoliya Director Tirath Chandulal Ramoliya Director Recognitions & Rankings of Karmanath Textiles
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0068722
Contact details
Karmanath Textiles Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot – B – 14 Chitrakutt Co.Op. H. Soc. Ltd Near Hirabaug Varachha Road Surat, Gujarat, India – 395006
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Karmanath Textiles Private Limited, buy the company report.
Comprehensive company report
Karmanath Textiles 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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Business activity
The main business activity of Karmanath Textiles is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Karmanath Textiles Private Limited, buy the company report.
Financials of Karmanath Textiles Private Limited
FY 2026 filings availableKarmanath Textiles Private Limited reported revenue of ₹3.89 Cr (up 29% YoY) for FY 2026.
Revenue · FY 2026
₹3.89 Cr ▲ 29%
Net profit · FY 2026
₹17.53 Lakh margin 4.5%
EBITDA · FY 2026
₹2.05 Cr margin 52.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 29% growth in the latest year. EBITDA rose 16% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.53 Lakh | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.6% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Karmanath Textiles Private Limited, buy the company report.
Board of directors of Karmanath Textiles Private Limited
Karmanath Textiles has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehulkumar Bholabhai Dhameliya Also directs: Someswar Gems LLP, Vishnu Diamond Manufacturing LLP, Karmanath Tex Weaves Private Limited and 1 more | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Yogeshkumar Chandulal Ramoliya Also directs: Karmanath Tex Weaves Private Limited | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Tirath Chandulal Ramoliya Also directs: Karmanath Tex Weaves Private Limited | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
| Janakkumar Bholabhai Dhameliya Also directs: Karmanath Tex Weaves Private Limited | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Karmanath Textiles Private Limited is audited by RHK and Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RHK and Associates | FY 2026 | 130296W |
Shareholding
The shareholding of Karmanath Textiles Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karmanath Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.22 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2025 | 101219612 | Karnataka Bank Ltd. | ₹6.67 Cr | Open | |
| 15 Feb 2025 | 101054715 | Karnataka Bank Ltd. | ₹2.47 Cr | Open | |
| 15 Feb 2025 | 101054718 | Karnataka Bank Ltd. | ₹1.05 Cr | Open | |
| 14 Jun 2024 | 100936368 | Karnataka Bank Ltd. | ₹1.9 Cr | Open | |
| 10 Jan 2022 | 100530663 | Karnataka Bank Ltd. | ₹4.12 Cr | Open |
To see the full charge records of Karmanath Textiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Karmanath Textiles 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 Karmanath Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karmanath Textiles Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
Active EPFO establishments
1
GST
Karmanath Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICK5045L1ZC | Gujarat | Active | 30 Jun 2021 |
To see the full GST registrations and return filing status of Karmanath Textiles Private Limited, buy the company report.
Recent activity
Karmanath Textiles Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Janakkumar Bholabhai Dhameliya was appointed as Director on 16 Dec 2020.
Filing
Karmanath Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 6.67 Cr with Charge ID 101219612 was registered on 17 Nov 2025.
AGM
Karmanath Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 2.47 Cr with Charge ID 101054715 was registered on 15 Feb 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.05 Cr with Charge ID 101054718 was registered on 15 Feb 2025.
Charges
A charge with Karnataka Bank Ltd. of Rs. 4.12 Cr registered on 10 Jan 2022 with Charge ID 100530663 was modified on 18 Nov 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.90 Cr with Charge ID 100936368 was registered on 14 Jun 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 4.12 Cr with Charge ID 100530663 was registered on 10 Jan 2022.
Appointed
Janakkumar Bholabhai Dhameliya was appointed as Director.
Appointed
Mehulkumar Bholabhai Dhameliya was appointed as Director.
Appointed
Tirath Chandulal Ramoliya was appointed as Director.
Appointed
Yogeshkumar Chandulal Ramoliya was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Karmanath Textiles is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 December 2020 (6+ years old) and is registered under CIN U17299GJ2020PTC118888.
Karmanath Textiles has 4 current directors:
- Mehulkumar Bholabhai Dhameliya - Director
- Yogeshkumar Chandulal Ramoliya - Director
- Tirath Chandulal Ramoliya - Director
- Janakkumar Bholabhai Dhameliya - Director
The latest financial statements of Karmanath Textiles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Karmanath Textiles is 24AAICK5045L1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Karmanath Textiles is U17299GJ2020PTC118888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karmanath Textiles was incorporated on 16 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Janakkumar Bholabhai Dhameliya was appointed as Director on 16 Dec 2020. Mehulkumar Bholabhai Dhameliya was appointed as Director on 16 Dec 2020. Tirath Chandulal Ramoliya was appointed as Director on 16 Dec 2020. Karmanath Textiles has 4 board changes on record in total.
Yes, Karmanath Textiles is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Karmanath Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0068722).
The registered office of Karmanath Textiles is at Plot – B – 14 Chitrakutt Co.Op. H. Soc. Ltd Near Hirabaug Varachha Road Surat, Gujarat, India – 395006.
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