
About Karmic Stock Broking Private Limited
Data last updated:
Karmic Stock Broking Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 31 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PTC143779. Its GSTIN is 27AACCK2994A1ZN (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Kamini Sanjiv Dhami and Tarun Dhami Hiralal.
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 14 Laxminiwas Pai Nagar Near Chamunda Circle Borivali – West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.65 Cr, a growth of 131% compared to the previous year. For the same year it recorded a net profit of ₹24.59 Lakh (net margin 2.8%) and EBITDA of ₹28.31 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 270% over three years and 287% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmicbroking.com.
Company details
Contact details
Karmic Stock Broking Private Limited's registered office is in Mumbai, Maharashtra. Its website is karmicbroking.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14 Laxminiwas Pai Nagar Near Chamunda Circle Borivali – West, Mumbai, Maharashtra, India – 400092
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Karmic Stock Broking 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 Karmic Stock Broking is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Karmic Stock Broking Private Limited, buy the company report.
Financials of Karmic Stock Broking Private Limited
FY 2025 filings availableKarmic Stock Broking Private Limited reported revenue of ₹8.65 Cr (up 131% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 287% over five years, including 131% growth in the latest year. EBITDA rose 192% 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 |
|---|---|---|---|---|---|
| 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 | ₹28.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.59 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Karmic Stock Broking Private Limited, buy the company report.
Board of directors of Karmic Stock Broking Private Limited
Karmic Stock Broking has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamini Sanjiv Dhami | Director | 01 Jan 2024 | 2 Years 10 Months | Current |
| Tarun Dhami Hiralal Also directs: Shri Tirupati Vighnahar Consultancy Private Limited | Director | 01 Nov 2006 | 20 Years 0 Months | Current |
| Arvind L Jain | Director | 03 Feb 2004 | 22 Years 9 Months | Current |
| Sanjiv V Dhami Also directs: Shri Tirupati Vighnahar Consultancy Private Limited | Director | 03 Feb 2004 | 22 Years 9 Months | Current |
Auditor
Karmic Stock Broking Private Limited is audited by JAIN V & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN V & CO | FY 2016 | 116306W |
Shareholding
The shareholding of Karmic Stock Broking Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Karmic Stock Broking Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karmic Stock Broking 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 Karmic Stock Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karmic Stock Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK2994A1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karmic Stock Broking Private Limited, buy the company report.
Recent activity
Karmic Stock Broking Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Kamini Sanjiv Dhami ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Karmic Stock Broking is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 31 December 2003 (23+ years old) and is registered under CIN U51909MH2003PTC143779.
Karmic Stock Broking has 4 current directors:
- Kamini Sanjiv Dhami - Director
- Tarun Dhami Hiralal - Director
- Arvind L Jain - Director
- Sanjiv V Dhami - Director
The latest financial statements of Karmic Stock Broking 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 Karmic Stock Broking is 27AACCK2994A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karmic Stock Broking is U51909MH2003PTC143779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karmic Stock Broking was incorporated on 31 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Kamini Sanjiv Dhami ceased to be Additional Director on 29 Sep 2024. Kamini Sanjiv Dhami was appointed as Director on 01 Jan 2024. Tarun Dhami Hiralal was appointed as Director on 01 Nov 2006. Karmic Stock Broking has 5 board changes on record in total.
Karmic Stock Broking can be reached through the website karmicbroking.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Karmic Stock Broking is at 14 Laxminiwas Pai Nagar Near Chamunda Circle Borivali – West, Mumbai, Maharashtra, India – 400092.
Karmic Stock Broking operates in the financial services industry, in the investment banking and advisory segment.

