MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-10-0007543
Karna Paints Pvt Ltd - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹69.52 Cr
▼ 55% YoY
Net profit · FY 2025
₹1.24 Cr
Net margin 1.8%
EBITDA · FY 2025
₹4.83 Cr
EBITDA margin 7%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹83.54 Lakh
Issued & subscribed
Open charges
₹4.4 Cr
Satisfied ₹31 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
120
Provident fund records
About Karna Paints Pvt Ltd
Data last updated:
Karna Paints Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 19 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC069915. Its GSTIN is 06AAACK3631J1ZQ (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹83.54 Lakh. It is led by directors including Birinder Singh (Managing Director) and Gurneet Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 129 First Floor Phase – II Mayapuri Industrial Area, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.52 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 1.8%) and EBITDA of ₹4.83 Cr (EBITDA margin 7%).
The company has about 120 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Karna Paints. As per MCA filings, the company has open charges of ₹4.4 Cr and satisfied charges of ₹31 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 2 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.85 Cr; the latest was in March 2015. Its 3 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is Nivera Paints (India) Private Limited with revenue of ₹76.6 Cr.
Karna Paints Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-10-0007543). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karnapaints.com.
Company details
CIN U74899DL1995PTC069915
Registration Number 069915
Incorporation Date 19 June 1995
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-10-0007543
Recognitions & Rankings of Karna Paints
Contact details
Karna Paints Pvt Ltd's registered office is in New Delhi, Delhi. Its website is karnapaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 129 First Floor Phase – II Mayapuri Industrial Area, New Delhi, Delhi, India – 110034
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Karna Paints Pvt Ltd, buy the company report.
Comprehensive company report
Karna Paints Pvt Ltd - 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
Karna Paints operates one associated brand: Karna Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial paints and resins in India. | karnapaints.com |
Business activity
The main business activity of Karna Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Karna Paints Pvt Ltd, buy the company report.
Financials of Karna Paints Pvt Ltd
FY 2024 filings availableKarna Paints Pvt Ltd reported revenue of ₹69.52 Cr (down 55% YoY) for FY 2025.
Revenue · FY 2025
₹69.52 Cr ▼ 55%
Net profit · FY 2025
₹1.24 Cr margin 1.8%
EBITDA · FY 2025
₹4.83 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%
Revenue fell 55% in the latest year. EBITDA fell 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Karna Paints Pvt Ltd, buy the company report.
Board of directors of Karna Paints Pvt Ltd
Karna Paints has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Birinder Singh | Managing Director | 19 Jun 1995 | 31 Years 4 Months | Current |
| Gurneet Kaur | Director | 08 Jun 2015 | 11 Years 5 Months | Current |
| Amandeep Singh | Director | 30 Sep 1997 | 29 Years 1 Months | Current |
| Arvinder Pal Singh | Director | 30 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Karna Paints Pvt Ltd is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nivera Paints (India) Private Limited | ₹76.6 Cr (FY 2024) | 13.0% | New Delhi, Delhi, India | |||
| Titan Paints Private Limited | ₹71.88 Cr (FY 2025) | -5.0% | Coimbatore, Tamil Nadu, India | |||
| Karna Paints Pvt Ltdthis company | ₹69.52 Cr (FY 2025) | ₹1.24 Cr | 1.8% | -55.0% | 120 | New Delhi, Delhi, India |
| Drona Industries Private Limited | ₹67.27 Cr (FY 2024) | 13.0% | Haryana, India |
To see the full peer comparison of Karna Paints Pvt Ltd, buy the company report.
Auditor
Karna Paints Pvt Ltd is audited by bahl & batra for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| bahl & batra | FY 2023 | 018250N |
Shareholding
The shareholding of Karna Paints Pvt Ltd 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 Karna Paints Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹4.4 Cr
Satisfied charges
₹31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2023 | 100786782 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 15 Feb 2023 | 100705636 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 20 Mar 2021 | 100444667 | Hdfc Bank Limited | ₹50.45 Lakh | Open | |
| 23 Feb 2017 | 100084168 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 01 Oct 2013 | 10457047 | Punjab National Bank | ₹2.5 Cr | Satisfied |
To see the full charge records of Karna Paints Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Karna Paints Pvt Ltd has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.85 Cr; the latest was in March 2015.
Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹2.85 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hi-Tech Resins Pvt Ltd , an individual |
| Oct 2012 | Funding round | ₹1.5 Cr | Investors: 2 individuals |
| Jul 2008 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Mar 2008 | Funding round | ₹35 Lakh | Investors: Hi-Tech Resins Pvt Ltd , 3 individuals |
| Mar 2007 | Funding round | ₹50 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Karna Paints Pvt Ltd has 8 court cases on record: 7 filed by Karna Paints, 1 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
7
Filed against the company
1
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karnal, Haryana | Civil suit | Filed by the company against Rajit Paints Ltd | Disposed |
| High Court, HARYANA | Company petition | Filed by the company against M/S Rajit Paints Ltd & Ors | Disposed |
| District court, Karnal, Haryana | Civil suit | Filed by the company against Ms Era Buildsys Ltd | Disposed |
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed by the company against RV Industries | Pending |
| District court, Karnal, Haryana | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Karna Paints Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Karna Paints Pvt Ltd was last rated by Crisil on 11 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Jun 2021 |
To see the full credit ratings and regulatory alerts of Karna Paints Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karna Paints Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karna Paints Pvt Ltd has a workforce of 120 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
120
Active EPFO establishments
1
Employee growth
6.19%
GST
Karna Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACK3631J1ZQ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karna Paints Pvt Ltd, buy the company report.
Recent activity
Karna Paints Pvt Ltd has 4 board changes on record since 1995: 4 appointments. The latest: Arvinder Pal Singh was appointed as Director on 30 Dec 2019.
AGM
Karna Paints Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Karna Paints Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 23 Feb 2017 with Charge ID 100084168 was modified on 23 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100786782 was registered on 28 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100705636 was registered on 15 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100444667 was registered on 20 Mar 2021.
Appointed
Arvinder Pal Singh was appointed as Director.
Charges
A charge registered on 23 May 2006 via Charge ID 10007309 with Others was fully satisfied on 01 Nov 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100084168 was registered on 23 Feb 2017.
Charges
A charge registered on 01 Oct 2013 via Charge ID 10457047 with Punjab National Bank was fully satisfied on 07 Jun 2016.
Charges
A charge with Others of Rs. 25.00 Cr registered on 23 May 2006 with Charge ID 10007309 was modified on 30 Mar 2016.
Appointed
Gurneet Kaur was appointed as Director.
17 earlier events are in the company report.
Frequently asked questions
Karna Paints is an active private limited company based in New Delhi, Delhi, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 19 June 1995 (31+ years old) and is registered under CIN U74899DL1995PTC069915.
Karna Paints has 4 current directors:
- Birinder Singh - Managing Director
- Gurneet Kaur - Director
- Amandeep Singh - Director
- Arvinder Pal Singh - Director
The latest financial statements of Karna Paints on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Karna Paints is 06AAACK3631J1ZQ, registered in Haryana. 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 Karna Paints is U74899DL1995PTC069915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karna Paints has 8 court cases on record: 7 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Karna Paints was incorporated on 19 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Karna Paints has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.85 Cr; the latest was in March 2015.
The peers of Karna Paints by revenue are Nivera Paints (India) Private Limited, Titan Paints Private Limited, Drona Industries Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Arvinder Pal Singh was appointed as Director on 30 Dec 2019. Gurneet Kaur was appointed as Director on 08 Jun 2015. Amandeep Singh was appointed as Director on 30 Sep 1997. Karna Paints has 4 board changes on record in total.
Yes, Karna Paints is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-10-0007543).
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