About Karsan Developers Private Limited
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Karsan Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2014PTC076293. Its GSTIN is 29AAFCK6257M1ZV (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kumar Basavaraja Machihally and Karan Machihally Kumar.
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 No.65/1 Sai Sadan Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.42 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹18.83 Lakh (net margin 13.3%) and EBITDA of ₹30.42 Lakh (EBITDA margin 21.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 35% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Karsan Developers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karsandevelopers.com.
Company details
Contact details
Karsan Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is karsandevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.65/1 Sai Sadan Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karsan Developers 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
Karsan Developers operates one associated brand: Karsan Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services involving building promotion and trading of related products in Bangalore. | karsandevelopers.com |
Business activity
The main business activity of Karsan Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Karsan Developers Private Limited, buy the company report.
Financials of Karsan Developers Private Limited
FY 2025 filings availableKarsan Developers Private Limited reported revenue of ₹1.42 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 39% fall in the latest year. EBITDA rose 240% 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
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| EBITDA | ₹30.42 Lakh | ||||
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| Net Profit (PAT) | ₹18.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 13.3% | ||||
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To see the full financial statements and ratios of Karsan Developers Private Limited, buy the company report.
Board of directors of Karsan Developers Private Limited
Karsan Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Basavaraja Machihally Also directs: Cse Hospitalities LLP | Director | 10 Sep 2014 | 12 Years 1 Months | Current |
| Karan Machihally Kumar | Director | 10 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Karsan Developers Private Limited is audited by J N B & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J N B & CO | FY 2019 | 013976S |
Shareholding
The shareholding of Karsan Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karsan Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karsan Developers 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 Karsan Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karsan Developers Private Limited has a workforce of 21 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Karsan Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK6257M1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karsan Developers Private Limited, buy the company report.
Recent activity
Karsan Developers Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Karan Machihally Kumar was appointed as Director on 10 Sep 2014.
Frequently asked questions
Karsan Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 September 2014 (12+ years old) and is registered under CIN U45202KA2014PTC076293.
Karsan Developers has 2 current directors:
- Kumar Basavaraja Machihally - Director
- Karan Machihally Kumar - Director
The latest financial statements of Karsan Developers 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 Karsan Developers is 29AAFCK6257M1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Karsan Developers is U45202KA2014PTC076293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karsan Developers was incorporated on 10 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Karan Machihally Kumar was appointed as Director on 10 Sep 2014. Kumar Basavaraja Machihally was appointed as Director on 10 Sep 2014.
Karsan Developers can be reached through the website karsandevelopers.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Karsan Developers is at No.651 Sai Sadan Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
Karsan Developers operates in the real estate and construction industry, in the real estate builders and developers segment.