Karunai Granites Private Limited
About Karunai Granites Private Limited
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Karunai Granites Private Limited is a private limited company based in Krishnagiri, Tamil Nadu, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 29 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U14102TZ1990PTC002725. Its GSTIN is 37AAACK8960C1ZI (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Kaverichetty Karunaakaran (Managing Director) and Joseph Amalorpavam.
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. 5 Karunai Nagar Jagadevipalayam Village And Post, Krishnagiri, Tamil Nadu, India – 635203.
As per the financials filed for FY 2019, the company reported a revenue of ₹38,660, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹22.69 Lakh and EBITDA of -₹5.87 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 75% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹1.94 Cr on record. Court records list 45 cases involving the company, including 28 filed by the company and 17 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karunai Granites Private Limited's registered office is in Krishnagiri, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 5 Karunai Nagar Jagadevipalayam Village And Post, Krishnagiri, Tamil Nadu, India – 635203
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Karunai Granites 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
Business activity
The main business activity of Karunai Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Karunai Granites Private Limited, buy the company report.
Financials of Karunai Granites Private Limited
FY 2025 filings availableKarunai Granites Private Limited reported revenue of ₹38,660 (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 99% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38,660 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.69 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Karunai Granites Private Limited, buy the company report.
Board of directors of Karunai Granites Private Limited
Karunai Granites has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseph Amalorpavam Also directs: Perk-Inn International Limited | Additional Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Muniyappa Srinivas Also directs: Perk-Inn International Limited, Oaot Technologies Private Limited | Additional Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Kaverichetty Karunaakaran Also directs: Perk-Inn International Limited, Perkinn Hotels and Palaces Limited | Managing Director | 29 May 1990 | 36 Years 5 Months | Current |
Shareholding
The shareholding of Karunai Granites Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Karunai Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2000 | 80004939 | State Bank of India | ₹54 Lakh | Satisfied | |
| 23 Feb 2000 | 80004940 | State Bank of India | ₹1 Cr | Satisfied | |
| 23 Feb 2000 | 80004945 | State Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Karunai Granites Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Karunai Granites Private Limited has 45 court cases on record: 28 filed by Karunai Granites, 17 filed against it. 3 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 9 | 2 |
| District courts | 11 | 8 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Shree Processors Ltd | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by The Tamilnadu Minerals Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Infrastructure Finance Ltd. | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Shree Processors Limited | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Shree Processors Limited | Disposed |
To see the full case history of Karunai Granites 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
No delayed payments to MSME suppliers are on our record for Karunai Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Karunai Granites has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Perk-Inn International Limited | U55101TZ1996PLC007281 |
To see the full group structure of Karunai Granites Private Limited, buy the company report.
GST
Karunai Granites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACK8960C1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karunai Granites Private Limited, buy the company report.
Recent activity
Karunai Granites Private Limited has 7 board changes on record since 1990: 5 appointments and 2 cessations. The latest: Joseph Amalorpavam was appointed as Additional Director on 09 Dec 2019.
7 earlier events are in the company report.
Frequently asked questions
Karunai Granites is an active private limited company based in Krishnagiri, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 29 May 1990 (36+ years old) and is registered under CIN U14102TZ1990PTC002725.
Karunai Granites has 3 current directors:
- Kaverichetty Karunaakaran - Managing Director
- Joseph Amalorpavam - Additional Director
- Muniyappa Srinivas - Additional Director
The latest financial statements of Karunai Granites 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 Karunai Granites is 37AAACK8960C1ZI, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Karunai Granites is U14102TZ1990PTC002725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karunai Granites has 45 court cases on record: 28 filed by the company and 17 filed against it. 3 are pending. Most are in the high courts.
Karunai Granites was incorporated on 29 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Coimbatore.
Joseph Amalorpavam was appointed as Additional Director on 09 Dec 2019. Kaveri Chetty Manivannan ceased to be Director on 09 Dec 2019. Muniyappa Srinivas was appointed as Additional Director on 06 Nov 2019. Karunai Granites has 7 board changes on record in total.
The registered office of Karunai Granites is at No. 5 Karunai Nagar Jagadevipalayam Village And Post, Krishnagiri, Tamil Nadu, India – 635203.
Karunai Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.
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