MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-02-0000275
Karthik Inductions Limited - metals and minerals in Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.04 Cr
▼ 99% YoY
Net profit · FY 2025
₹25.97 Lakh
Net margin 24.9%
EBITDA · FY 2025
₹75.42 Lakh
EBITDA margin 72.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.9 Cr
Issued & subscribed
Open charges
₹28.8 Cr
Satisfied ₹28.8 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
152
Provident fund records
About Karthik Inductions Limited
Data last updated:
Karthik Inductions Limited is a public limited company based in Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27108GA1994PLC001666. Its GSTIN is 30AAACK7735R1Z6 (Goa).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.9 Cr. It is led by directors including Raghavendra Bhupal and Srikanth Raghavendra Bhupal.
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 No.120 – 121 Kundaim Industrial Estate Kundaim, Goa, India – 403115.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹25.97 Lakh (net margin 24.9%) and EBITDA of ₹75.42 Lakh (EBITDA margin 72.4%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 64% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.8 Cr and satisfied charges of ₹28.8 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 2 cases are pending.
Karthik Inductions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000275). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karthikgroup.com.
Company details
CIN U27108GA1994PLC001666
Registration Number 001666
Incorporation Date 06 October 1994
ROC Goa
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 Medium
Udyam Registration UDYAM-GA-02-0000275
CIN history
Karthik Inductions has one previous CIN (Corporate Identification Number): L27108GA1994PLC001666. The current CIN is U27108GA1994PLC001666, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27108GA1994PLC001666 | Current |
| L27108GA1994PLC001666 | Previous |
Key People
Raghavendra Bhupal Director Suryanarayana Yeturi Additional Director Srikanth Raghavendra Bhupal Director Recognitions & Rankings of Karthik Inductions
Contact details
Karthik Inductions Limited's registered office is in Goa. Its website is karthikgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.120 – 121 Kundaim Industrial Estate Kundaim, Goa, India – 403115
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Karthik Inductions Limited, buy the company report.
Comprehensive company report
Karthik Inductions 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 Karthik Inductions is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Karthik Inductions Limited, buy the company report.
Financials of Karthik Inductions Limited
FY 2025 filings availableKarthik Inductions Limited reported revenue of ₹1.04 Cr (down 99% YoY) for FY 2025.
Revenue · FY 2025
₹1.04 Cr ▼ 99%
Net profit · FY 2025
₹25.97 Lakh margin 24.9%
EBITDA · FY 2025
₹75.42 Lakh margin 72.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 79%
5 years · compounded
▼ 64%
EBITDA CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 27%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 99% fall in the latest year. EBITDA rose 124% 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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| Total Expenses | |||||
| EBITDA | ₹75.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 72.4% | ||||
| Net Profit Margin | 24.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Karthik Inductions Limited, buy the company report.
Board of directors of Karthik Inductions Limited
Karthik Inductions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendra Bhupal Also directs: Mysore Steels Limited, Rukminirama Steel Rollings Private Limited | Director | 27 Nov 2020 | 5 Years 11 Months | Current |
| Suryanarayana Yeturi | Additional Director | 02 Jun 2025 | 1 Years 4 Months | Current |
| Srikanth Raghavendra Bhupal | Director | 10 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Karthik Inductions Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swastik Decoiling and Fabrication Pvt Ltd | ₹1.05 Cr (FY 2025) | 124.0% | Mumbai, Maharashtra, India | |||
| Shree Balaji Metalfab Private Limited | ₹1.04 Cr (FY 2025) | 2.0% | Parwanoo, Himachal Pradesh, India | |||
| Karthik Inductions Limitedthis company | ₹1.04 Cr (FY 2025) | ₹25.97 Lakh | 24.9% | -99.0% | 152 | Goa, India |
| Yash Strips Private Limited | ₹1.03 Cr (FY 2025) | -36.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Karthik Inductions Limited, buy the company report.
Auditor
Karthik Inductions Limited is audited by NAGARAJA GUNDI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJA GUNDI | FY 2023 |
Shareholding
The shareholding of Karthik Inductions 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karthik Inductions Limited, buy the company report.
Charges & borrowings
Open charges
₹28.8 Cr
Satisfied charges
₹28.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2014 | 10515121 | State Bank of India | ₹1.65 Cr | Satisfied | |
| 04 Mar 1997 | 90075711 | State Bank of India | ₹23.25 Cr | Satisfied | |
| 14 Jul 1995 | 90077148 | State Bank of Mysore | ₹3.9 Cr | Satisfied |
To see the full charge records of Karthik Inductions Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Karthik Inductions Limited has 16 court cases on record: 10 filed by Karthik Inductions, 6 filed against it. 2 cases are pending and 14 are disposed.
Total cases
16
Filed by the company
10
Filed against the company
6
Pending
2
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 2 |
| High courts | 6 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Kamdhenu Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Kamdhenu Metallic Industries Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Kamdhenu Ltd | Disposed |
| District court, South Goa, Goa | Court case (LC) | Filed against the company by State Rep by ( Shri Dipesh T Naik) | Disposed |
| High Court | Court case (MCA) | Filed against the company by Icici General Insurance Co. Ltd | Disposed |
To see the full case history of Karthik Inductions 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
No delayed payments to MSME suppliers are on our record for Karthik Inductions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karthik Inductions Limited has a workforce of 152 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
152
Active EPFO establishments
2
Employee growth
10.14%
GST
Karthik Inductions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACK7735R1Z6 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karthik Inductions Limited, buy the company report.
Recent activity
Karthik Inductions Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Suryanarayana Yeturi was appointed as Additional Director on 02 Jun 2025.
AGM
Karthik Inductions Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 28 Jul 2014 via Charge ID 10515121 with State Bank Of India was fully satisfied on 02 Jul 2025.
Charges
A charge registered on 04 Mar 1997 via Charge ID 90075711 with State Bank Of India was fully satisfied on 02 Jul 2025.
Charges
A charge registered on 14 Jul 1995 via Charge ID 90077148 with State Bank Of Mysore was fully satisfied on 02 Jul 2025.
Appointed
Suryanarayana Yeturi was appointed as Additional Director.
Filing
Karthik Inductions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Bhupal Shivakumar ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 23.25 Cr registered on 04 Mar 1997 with Charge ID 90075711 was modified on 22 Dec 2020.
Appointed
Srikanth Raghavendra Bhupal was appointed as Director.
Appointed
Raghavendra Bhupal was appointed as Director.
Ceased
Srikanth Raghavendra Bhupal ceased to be Director.
Ceased
Uttamkumar Shivakumar Bhupal ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Karthik Inductions is an active public limited company based in Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 October 1994 (32+ years old) and is registered under CIN U27108GA1994PLC001666.
Karthik Inductions has 3 current directors:
- Raghavendra Bhupal - Director
- Suryanarayana Yeturi - Additional Director
- Srikanth Raghavendra Bhupal - Director
The latest financial statements of Karthik Inductions 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 Karthik Inductions is 30AAACK7735R1Z6, registered in Goa.
The CIN (Corporate Identification Number) of Karthik Inductions is U27108GA1994PLC001666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karthik Inductions has 16 court cases on record: 10 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Karthik Inductions was incorporated on 06 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Karthik Inductions by revenue are Swastik Decoiling and Fabrication Pvt Ltd, Shree Balaji Metalfab Private Limited, Yash Strips Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Suryanarayana Yeturi was appointed as Additional Director on 02 Jun 2025. Bhupal Shivakumar ceased to be Additional Director on 30 Nov 2021. Srikanth Raghavendra Bhupal was appointed as Director on 10 Dec 2020. Karthik Inductions has 10 board changes on record in total.
Yes, Karthik Inductions is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0000275).
Karthik Inductions can be reached through the website karthikgroup.com. Its registered office is in Goa, India.