Karnik Developer Private Limited
About Karnik Developer Private Limited
Data last updated:
Karnik Developer Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electrical services segment of the construction sector. It was incorporated on 02 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2009PTC189320. Its GSTIN is 27AADCK5647H1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Karnik Developers Private Limited. It is led by directors Deepak Ramesh Karnik and Nilashree Deepak Karnik.
Its last annual general meeting (AGM) was held on 31 March 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 124 2nd Floor Punjani Industrial Estate Khopat Pokhran Road No.1, Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.29 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹91,087 (net margin -5.3%) and EBITDA of -₹64,523 (EBITDA margin -3.7%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address124 2nd Floor Punjani Industrial Estate Khopat Pokhran Road No.1, Thane, Maharashtra, India – 400601
- IndustryConstruction, Electrical Services, Demolition & Construction Services, Plumbing Services & Construction Specialties
- 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
- One PDF report, delivered after checkout
Business Activity of Karnik Developer Private Limited
The main business activity of Karnik Developer is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Karnik Developer Private Limited
Karnik Developer has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Ramesh Karnik | Director | 02 Jan 2009 | 17 Years 9 Months | Current |
| Nilashree Deepak Karnik | Director | 02 Jan 2009 | 17 Years 9 Months | Current |
Financials of Karnik Developer Private Limited FY 2021 filings available
Karnik Developer Private Limited reported revenue of ₹17.29 Lakh (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Karnik Developer Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 73% fall in the latest year. EBITDA fell 112% 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 of Karnik Developer Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹64,523 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹91,087 | •••• | •••• | •••• | •••• |
| 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 of Karnik Developer Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karnik Developer are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karnik Developer Private Limited
Karnik Developer Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Karnik Developer Private Limited
Employment history and EPFO contributions of people linked to Karnik Developer.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Karnik Developer Private Limited
Karnik Developer has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK5647H1ZC | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Karnik Developer Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karnik Developer Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karnik Developer Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karnik Developer Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Karnik Developer Private Limited
Frequently Asked Questions about Karnik Developer Private Limited
Karnik Developer is an active private limited company based in Thane, Maharashtra, India. The company works in electrical services, within the construction industry. It was incorporated on 02 January 2009 (17+ years old) and is registered under CIN U70102MH2009PTC189320.
Karnik Developer reported revenue of ₹17.29 Lakh for FY 2021 (down 73% YoY).
Karnik Developer has 2 current directors:
- Deepak Ramesh Karnik - Director
- Nilashree Deepak Karnik - Director
Karnik Developer reported a net loss of ₹91,087 (net margin -5.3%) and EBITDA of -₹64,523 (EBITDA margin -3.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karnik Developer is -43% over three years and -6% over five years. In the latest year (FY 2021) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Karnik Developer is 27AADCK5647H1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karnik Developer is U70102MH2009PTC189320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnik Developer was incorporated on 02 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Karnik Developer is at 124 2nd Floor Punjani Industrial Estate Khopat Pokhran Road No.1, Thane, Maharashtra, India – 400601.