Karmas Iron Private Limited
About Karmas Iron Private Limited
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Karmas Iron Private Limited is a private limited company based in Colva, Goa, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 14 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27106GA2012PTC007094. Its GSTIN is 07AAECK9786G1ZZ (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors Sidharth Goyal and Rajeev Rangan.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Danika Residency Rh – 3 Phase – 1 Grande Vanelim, Colva, Goa, India – 403708.
As per the financials filed for FY 2018, the company reported a revenue of ₹22.34 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Cr (net margin -9%) and EBITDA of -₹1.36 Cr (EBITDA margin -6.1%). Revenue has grown at a compounded annual rate (CAGR) of 446% over three years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karmas Iron Private Limited's registered office is in Colva, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressDanika Residency Rh – 3 Phase – 1 Grande Vanelim, Colva, Goa, India – 403708
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Karmas Iron Private Limited, buy the company report.
- 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
Business activity
The main business activity of Karmas Iron is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Karmas Iron Private Limited, buy the company report.
Financials of Karmas Iron Private Limited
FY 2018 filings availableKarmas Iron Private Limited reported revenue of ₹22.34 Cr (up 32% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 446% over three years, including 32% growth in the latest year. EBITDA fell 609% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹22.34 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.36 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.02 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.1% | |||
| Net Profit Margin | -9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Karmas Iron Private Limited, buy the company report.
Board of directors of Karmas Iron Private Limited
Karmas Iron 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 |
|---|---|---|---|---|
| Sidharth Goyal | Director | 14 Nov 2012 | 13 Years 11 Months | Current |
| Rajeev Rangan | Additional Director | 20 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Karmas Iron Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alec Enterprise Private Limited | ₹22.51 Cr (FY 2024) | 103.0% | Kotda Sangani, Gujarat, India | |||
| Crona Rolling Mills Private Limited | ₹22.49 Cr (FY 2024) | 47.0% | Delhi, India | |||
| DMC Private Limited | ₹22.36 Cr (FY 2025) | 115.0% | Waghodia, Gujarat, India | |||
| Karmas Iron Private Limitedthis company | ₹22.34 Cr (FY 2018) | -₹2.02 Cr | -9% | 32.0% | Colva, Goa, India | |
| A&G Iron Udyog Private Limited | ₹22.26 Cr (FY 2025) | -26.0% | Mandi Gobindgarh, Punjab, India | |||
| Pavapuri Vyapaar Private Limited | ₹22.24 Cr (FY 2023) | Kolkata, West Bengal, India | ||||
| KVP Traders Private Limited | ₹22.21 Cr (FY 2025) | 14.0% | Erragadda, Hyderabad, Telangana, India |
To see the full peer comparison of Karmas Iron Private Limited, buy the company report.
Auditor
Karmas Iron Private Limited is audited by GAURAV K JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV K JAIN & ASSOCIATES | FY 2018 | 016858C |
Shareholding
The shareholding of Karmas Iron Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karmas Iron Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2016 | 100056663 | Others | ₹5 Cr | Open | |
| 04 Apr 2013 | 10419961 | Punjab National Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Karmas Iron Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Karmas Iron 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 Karmas Iron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karmas Iron has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECK9786G1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karmas Iron Private Limited, buy the company report.
Recent activity
Karmas Iron Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Aditi Goel ceased to be Additional Director on 22 Aug 2019.
Frequently asked questions
Karmas Iron is an active private limited company based in Colva, Goa, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 14 November 2012 (14+ years old) and is registered under CIN U27106GA2012PTC007094.
Karmas Iron has 2 current directors:
- Sidharth Goyal - Director
- Rajeev Rangan - Additional Director
The latest financial statements of Karmas Iron on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Karmas Iron is 07AAECK9786G1ZZ, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Karmas Iron is U27106GA2012PTC007094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karmas Iron was incorporated on 14 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Karmas Iron by revenue are Alec Enterprise Private Limited, Crona Rolling Mills Private Limited, DMC Private Limited, A&G Iron Udyog Private Limited, Pavapuri Vyapaar Private Limited and 1 more, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Aditi Goel ceased to be Additional Director on 22 Aug 2019. Rajeev Rangan was appointed as Additional Director on 20 Aug 2019. Bal Garg Kishan ceased to be Director on 15 Jul 2019. Karmas Iron has 5 board changes on record in total.
The registered office of Karmas Iron is at Danika Residency Rh – 3 Phase – 1 Grande Vanelim, Colva, Goa, India – 403708.
Karmas Iron operates in the metals and minerals industry, in the materials retail and distribution segment.
Karmas Iron has open charges of ₹5 Cr and satisfied charges of ₹30 Lakh as per latest MCA filings.