About Karnataka Conveyors and Systems Private Limited
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Karnataka Conveyors and Systems Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29110KA1990PTC011383. Its GSTIN is 29AAACK7279G1Z5 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8.92 Lakh. It was formerly known as Bio-Gard Private Limited and Sapthagiri Buildtech Private Limited. It is led by directors including Mahadevappa Veerabhadrappa Karamari (Managing Director) and Savita Karamari Mahadevappa.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at N – 26 Industrial Estategokul Road Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.4 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹94.99 Lakh (net margin 7.1%) and EBITDA of ₹1.75 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 7% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Karnataka Conveyors. As per MCA filings, the company has open charges of ₹5.13 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karnatakaconveyors.com.
Company details
Name history
Karnataka Conveyors and Systems has undergone 2 name changes throughout its history. The company was previously known as Bio-Gard Private Limited, and Sapthagiri Buildtech Private Limited. The current legal name is Karnataka Conveyors And Systems Private Limited.
| Company Name | Status |
|---|---|
| Karnataka Conveyors and Systems Private Limited | Current |
| Bio-Gard Private Limited | Previous |
| Sapthagiri Buildtech Private Limited | Previous |
CIN history
Karnataka Conveyors and Systems has one previous CIN (Corporate Identification Number): U02911KA1990PTC011383. The current CIN is U29110KA1990PTC011383, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29110KA1990PTC011383 | Current |
| U02911KA1990PTC011383 | Previous |
Contact details
Karnataka Conveyors and Systems Private Limited's registered office is in Hubli, Karnataka. Its website is karnatakaconveyors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressN – 26 Industrial Estategokul Road Hubli, Karnataka, India – 580030
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Karnataka Conveyors and Systems 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
Brands
Karnataka Conveyors and Systems operates one associated brand: Karnataka Conveyors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs, manufactures, and installs custom conveyors for automotive and manufacturing industries. | karnatakaconveyors.com |
Business activity
The main business activity of Karnataka Conveyors and Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Karnataka Conveyors and Systems Private Limited, buy the company report.
Financials of Karnataka Conveyors and Systems Private Limited
FY 2025 filings availableKarnataka Conveyors and Systems Private Limited reported revenue of ₹13.4 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 41% growth in the latest year. EBITDA rose 79% 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 |
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| Total Expenses | |||||
| EBITDA | ₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹94.99 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 7.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Karnataka Conveyors and Systems Private Limited, buy the company report.
Board of directors of Karnataka Conveyors and Systems Private Limited
Karnataka Conveyors and Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Karamari Mahadevappa Also directs: Hubli Electrcfab Private Limited | Director | 09 Nov 1990 | 36 Years 0 Months | Current |
| Mahadevappa Veerabhadrappa Karamari Also directs: Hubli Electrcfab Private Limited | Managing Director | 09 Nov 1990 | 36 Years 0 Months | Current |
| Gangadhar Karmari | Additional Director | 10 Dec 2024 | 1 Years 11 Months | Current |
Auditor
Karnataka Conveyors and Systems Private Limited is audited by G.V.DESAI AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.V.DESAI AND COMPANY | FY 2023 | 027560 |
Shareholding
The shareholding of Karnataka Conveyors and Systems Private Limited 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 Karnataka Conveyors and Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2007 | 10048031 | State Bank of India | ₹5.13 Cr | Open |
To see the full charge records of Karnataka Conveyors and Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Karnataka Conveyors and Systems Private Limited has 10 court cases on record: 8 filed by Karnataka Conveyors and Systems, 2 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against Ms SPM India Ltd, Rby Its Chairman and Managing Director | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against Ms. Bharat Heavy Electricals Ltd, | Disposed |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against M/S Divyansi Enterprises | Pending |
| District court, DHARWAD, Karnataka | Criminal complaint | Filed by the company against M/S Divyansi Enterprises | Disposed |
| District court, BELAGAVI, Karnataka | Appeal | Filed against the company by Ms. Popular Constructions A Reg. Partnership Firm Rep.By Its Partner Smt.Parvati.S.Hanamshet,Belga | Disposed |
To see the full case history of Karnataka Conveyors and Systems Private Limited, 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.
MSME payment delays
Karnataka Conveyors and Systems Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bhotika Ispat Private Limited | |||
| an individual supplier | |||
| B B Enterprises Hubli | |||
| an individual supplier | |||
| Hubli Electrcfab Private Limited |
To see the full MSME payment records of Karnataka Conveyors and Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Karnataka Conveyors and Systems has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hubli Electrcfab Private Limited | U31100KA1982PTC004609 |
To see the full group structure of Karnataka Conveyors and Systems Private Limited, buy the company report.
GST
Karnataka Conveyors and Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK7279G1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karnataka Conveyors and Systems Private Limited, buy the company report.
Recent activity
Karnataka Conveyors and Systems Private Limited has 3 board changes on record since 1990: 3 appointments. The latest: Gangadhar Karmari was appointed as Additional Director on 10 Dec 2024.
Frequently asked questions
Karnataka Conveyors and Systems is an active private limited company based in Hubli, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 November 1990 (36+ years old) and is registered under CIN U29110KA1990PTC011383.
Karnataka Conveyors and Systems has 3 current directors:
- Mahadevappa Veerabhadrappa Karamari - Managing Director
- Savita Karamari Mahadevappa - Director
- Gangadhar Karmari - Additional Director
The latest financial statements of Karnataka Conveyors and Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Karnataka Conveyors and Systems is 29AAACK7279G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Karnataka Conveyors and Systems is U29110KA1990PTC011383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnataka Conveyors and Systems has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Karnataka Conveyors and Systems was incorporated on 09 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Gangadhar Karmari was appointed as Additional Director on 10 Dec 2024. Mahadevappa Veerabhadrappa Karamari was appointed as Managing Director on 09 Nov 1990. Savita Karamari Mahadevappa was appointed as Director on 09 Nov 1990.
Karnataka Conveyors and Systems has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 29 overdue payments to 26 micro and small suppliers. The latest return was filed on 04 Nov 2019.
Karnataka Conveyors and Systems can be reached through the website karnatakaconveyors.com. Its registered office is in Hubli, Karnataka, India.
The registered office of Karnataka Conveyors and Systems is at N – 26 Industrial Estategokul Road Hubli, Karnataka, India – 580030.
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