- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-19-0017101

About Karvin Power Systems Private Limited
Data last updated:
Karvin Power Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH2009PTC193144. Its GSTIN is 27AADCK6826C1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Karuna Sanjay Agarwal and Sanjay Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 1.9%) and EBITDA of ₹4.96 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company is associated with 1 brand: Karvin Power. As per MCA filings, the company has open charges of ₹20 Lakh on record.
Karvin Power Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0017101). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karvinpower.com.
Company details
Recognitions & Rankings of Karvin Power Systems
Contact details
Karvin Power Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is karvinpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address134 Blue Rose Industrial Estate Next To Jaya P.P. Off. Western Express Highway Borivali (, E), Mumbai, Maharashtra, India – 400066
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Karvin Power Systems 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
Karvin Power Systems operates one associated brand: Karvin Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power systems, stabilizers, and LED lighting services in India. | karvinpower.com |
Business activity
The main business activity of Karvin Power Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Karvin Power Systems Private Limited, buy the company report.
Financials of Karvin Power Systems Private Limited
FY 2025 filings availableKarvin Power Systems Private Limited reported revenue of ₹1.13 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.15 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Karvin Power Systems Private Limited, buy the company report.
Board of directors of Karvin Power Systems Private Limited
Karvin Power Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuna Sanjay Agarwal | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Sanjay Agarwal | Director | 09 Jun 2009 | 17 Years 4 Months | Current |
| Vineeta Sanjay Agarwal | Director | 09 Jun 2009 | 17 Years 4 Months | Current |
Auditor
Karvin Power Systems Private Limited is audited by S.K. Bhageria & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. Bhageria & Associates | FY 2022 | 112882W |
Shareholding
The shareholding of Karvin Power Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Karvin Power Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2013 | 10465437 | Indian Bank | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Karvin Power Systems 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
Karvin Power Systems Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 163 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Shiraz C. Lakaka Enterprises Pvt Ltd | |||
| Supreme Electro Devices |
To see the full MSME payment records of Karvin Power Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Karvin Power Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK6826C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karvin Power Systems Private Limited, buy the company report.
Recent activity
Karvin Power Systems Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Karuna Sanjay Agarwal was appointed as Director on 19 Mar 2022.
Frequently asked questions
Karvin Power Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 June 2009 (17+ years old) and is registered under CIN U31400MH2009PTC193144.
Karvin Power Systems has 3 current directors:
- Karuna Sanjay Agarwal - Director
- Sanjay Agarwal - Director
- Vineeta Sanjay Agarwal - Director
The latest financial statements of Karvin Power Systems 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 Karvin Power Systems is 27AADCK6826C1ZN, registered in Maharashtra. 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 Karvin Power Systems is U31400MH2009PTC193144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karvin Power Systems was incorporated on 09 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Karuna Sanjay Agarwal was appointed as Director on 19 Mar 2022. Sanjay Agarwal was appointed as Director on 09 Jun 2009. Vineeta Sanjay Agarwal was appointed as Director on 09 Jun 2009.
Yes, Karvin Power Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0017101).
Karvin Power Systems has 7 MSME Form 1 returns on record between 2019 and 2023, listing 163 overdue payments to 30 micro and small suppliers. The latest return was filed on 19 Apr 2023.
Karvin Power Systems can be reached through the website karvinpower.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Karvin Power Systems is at 134 Blue Rose Industrial Estate Next To Jaya P.P. Off. Western Express Highway Borivali , E, Mumbai, Maharashtra, India – 400066.