Karnika Textile Private Limited

Karnika Textile Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2017PTC098938 Incorporated 04 September 2017 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹11.04 Cr
▲ 30% YoY
Net profit · FY 2023
₹49,423
Net margin 0%
EBITDA · FY 2023
₹1.27 Cr
EBITDA margin 11.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹10.83 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings

About Karnika Textile Private Limited

Data last updated:

Karnika Textile Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 September 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC098938. Its GSTIN is 24AAGCK7511B1Z0 (Gujarat).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Dinesh Shivshankar Kothari and Shivshankar Malchand Kothari.

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 Plot 105 106 107 Ground Floor Swami Industrial Society Behind Shri Ambika Ind Soc U.M., Surat, Gujarat, India – 395017.

As per the financials filed for FY 2023, the company reported a revenue of ₹11.04 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹49,423 (net margin 0%) and EBITDA of ₹1.27 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 41% over five years.

As per MCA filings, the company has open charges of ₹10.83 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.

Karnika Textile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0001585). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karnika-textile-pvt-ltd.business.site.

Company details

CIN U74999GJ2017PTC098938
Registration Number 098938
Incorporation Date 04 September 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0001585
Key People
Dinesh Shivshankar Kothari Director Shivshankar Malchand Kothari Director Rajesh Shiv Shankar Kothari Director

Recognitions & Rankings of Karnika Textile

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0001585

Contact details

Karnika Textile Private Limited's registered office is in Surat, Gujarat. Its website is karnika-textile-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    karnika-textile-pvt-ltd.business.site
  • Registered Address
    Plot 105 106 107 Ground Floor Swami Industrial Society Behind Shri Ambika Ind Soc U.M., Surat, Gujarat, India – 395017
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Karnika Textile Private Limited, buy the company report.

Comprehensive company report
Karnika Textile Private Limited - 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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Business activity

The main business activity of Karnika Textile is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Karnika Textile Private Limited, buy the company report.

Financials of Karnika Textile Private Limited

FY 2025 filings available

Karnika Textile Private Limited reported revenue of ₹11.04 Cr (up 30% YoY) for FY 2023.

Revenue · FY 2023
₹11.04 Cr ▲ 30%
Net profit · FY 2023
₹49,423 margin 0%
EBITDA · FY 2023
₹1.27 Cr margin 11.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 7%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 63%
5 years · compounded
▲ 144%

Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 30% growth in the latest year. EBITDA rose 16% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹49,423
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin11.5%
Net Profit Margin0%
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 Karnika Textile Private Limited, buy the company report.

Board of directors of Karnika Textile Private Limited

Karnika Textile has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh Shivshankar KothariDirector04 Sep 20179 Years 1 MonthsCurrent
Shivshankar Malchand KothariDirector04 Sep 20179 Years 1 MonthsCurrent
Rajesh Shiv Shankar KothariDirector04 Sep 20179 Years 1 MonthsCurrent
Deepak Shiv Shankar KothariDirector04 Sep 20179 Years 1 MonthsCurrent
View all directors

Auditor

Karnika Textile Private Limited is audited by NITIN NAKUL & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
NITIN NAKUL & COFY 2022131245W

Shareholding

The shareholding of Karnika Textile Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Karnika Textile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Sidbi₹7.49 Cr
Others₹3.34 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 May 2025101100739Sidbi₹7.49 CrOpen
14 Jun 2021100454358Others₹3.34 CrOpen

To see the full charge records of Karnika Textile Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karnika Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Karnika Textile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCK7511B1Z0GujaratActive06 Oct 2017

To see the full GST registrations and return filing status of Karnika Textile Private Limited, buy the company report.

Recent activity

Karnika Textile Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Deepak Shiv Shankar Kothari was appointed as Director on 04 Sep 2017.

AGM
Karnika Textile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 333.87 Lakh registered on 14 Jun 2021 with Charge ID 100454358 was modified on 27 Sep 2025.
Charges
A charge with Sidbi amounted to Rs. 749.00 Lakh with Charge ID 101100739 was registered on 19 May 2025.
Filing
Karnika Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 333.87 Lakh with Charge ID 100454358 was registered on 14 Jun 2021.
Appointed
Deepak Shiv Shankar Kothari was appointed as Director.
Appointed
Dinesh Shivshankar Kothari was appointed as Director.
Appointed
Rajesh Shiv Shankar Kothari was appointed as Director.
Appointed
Shivshankar Malchand Kothari was appointed as Director.
Incorporation
04 Sep 2017
Karnika Textile Private Limited was registered on 04 Sep 2017 with Roc Ahmedabad & aged 9 years 1 month as per MCA records.

Frequently asked questions

Karnika Textile is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 September 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC098938.

Karnika Textile has 4 current directors:

The latest financial statements of Karnika Textile 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 FY 2018 are in the company report.

The GSTIN of Karnika Textile is 24AAGCK7511B1Z0, registered in Gujarat.

The CIN (Corporate Identification Number) of Karnika Textile is U74999GJ2017PTC098938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karnika Textile has 4 court cases on record: 4 filed by the company. 1 is pending.

Karnika Textile was incorporated on 04 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Deepak Shiv Shankar Kothari was appointed as Director on 04 Sep 2017. Dinesh Shivshankar Kothari was appointed as Director on 04 Sep 2017. Rajesh Shiv Shankar Kothari was appointed as Director on 04 Sep 2017. Karnika Textile has 4 board changes on record in total.

Yes, Karnika Textile is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0001585).

Karnika Textile can be reached through the website karnika-textile-pvt-ltd.business.site. Its registered office is in Surat, Gujarat, India.