About Karvy Comtrade Limited
Data last updated:
Karvy Comtrade Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Karvy Stock Broking Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51909TG2003PLC042096. Its GSTIN is 36AACCK3403A1ZA (Telangana). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹96 Lakh. It was formerly known as Karvy Comtrade Private Limited and Karvy Commodities Broking Private Limited. It is led by directors including Comandur Parthasarathy and Rajat Parthasarathy.
Its last annual general meeting (AGM) was held on 26 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 46 Avenue 4 Street No.1 Banjara Hills Hyderabad – 34. Banjara Hills Hyderabad – 3, 4., Telangana, India – 500034.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.46 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹92.76 Lakh (net margin -4.5%) and EBITDA of ₹2.2 Cr (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 122 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Karvy Commodities and Karvy. As per MCA filings, the company has open charges of ₹63 Cr and satisfied charges of ₹47 Cr on record. Court records list 152 cases involving the company, including 121 filed by the company and 25 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karvycommodities.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address46 Avenue 4 Street No.1 Banjara Hills Hyderabad – 34. Banjara Hills Hyderabad – 3, 4., Telangana, India – 500034
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Karvy Comtrade Limited
The main business activity of Karvy Comtrade is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Karvy Comtrade Limited FY 2020 filings available
Karvy Comtrade Limited reported revenue of ₹20.46 Cr (down 22% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Karvy Comtrade Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 22% fall in the latest year. EBITDA fell 74% 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 of Karvy Comtrade Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹20.46 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹92.76 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 of Karvy Comtrade Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karvy Comtrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Karvy Comtrade Limited
Karvy Comtrade Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhanlaxmi Cotex Limited Listed | ₹20.66 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| MVS Ventures Private Limited | ₹20.65 Cr (FY 2024) | •••• | •••• | 1652.0% | •••• | Pune, Maharashtra, India |
| Comfort Fashions Private Limited | ₹20.64 Cr (FY 2025) | •••• | •••• | -93.0% | •••• | New Delhi, Delhi, India |
| Prabhusar Algotech Private Limited | ₹20.54 Cr (FY 2025) | •••• | •••• | 1833.0% | •••• | New Delhi, Delhi, India |
| Moonlight Dealcomm Private Limited | ₹20.5 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Howrah, West Bengal, India |
| Karvy Comtrade Limited this company | ₹20.46 Cr (FY 2020) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Adr Capital Services Private Limited | ₹20.41 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | Delhi, India |
| Sirius Securities Private Limited | ₹20.38 Cr (FY 2025) | •••• | •••• | 275.0% | •••• | Mumbai, Maharashtra, India |
| United Air Products Private Limited | ₹20.37 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Lookline Tradelinks Private Limited | ₹20.29 Cr (FY 2020) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Mrugesh Trading Ltd Listed | ₹20.24 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Karvy Comtrade by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Karvy Comtrade Limited
Karvy Comtrade Limited is audited by LALITH PRASAD AND CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LALITH PRASAD AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Karvy Comtrade Limited
Karvy Comtrade has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Comandur Parthasarathy Also directs: Karvy Investment Advisory Services Limited, Karvy Investor Services Limited, Karvy Consultants Limited and 4 more | Director | 20 Nov 2003 | 22 Years 10 Months | Current |
| Rajat Parthasarathy Also directs: Multidimension Entertainments Private Limited, Compar Estates and Agencies Private Limited, Karvy Broking (Ifsc) Limited and 3 more | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Siva Ramakrishna Mulpuri | Director | 20 Nov 2003 | 22 Years 10 Months | Current |
Ownership and Shareholding of Karvy Comtrade Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karvy Comtrade Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2019 | Others | ₹25 Cr | Open |
| 26 Jun 2018 | Others | ₹3 Cr | Open |
| 20 Dec 2017 | Lakshmi Vilas Bank Limited | ₹25 Cr | Open |
| 19 Dec 2012 | Hdfc Bank Limited | ₹10 Cr | Open |
| 01 Dec 2014 | Indusind Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Karvy Comtrade Limited
Karvy Comtrade Limited has 152 court cases on record: 121 filed by Karvy Comtrade, 25 filed against it, 6 where it is another party. 16 cases are pending and 136 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 125 | 13 | 9 |
| High courts | 27 | 12 | 7 |
Cases on record (5 of 152)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Multi Commodity Exchange of India Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Multi Commodity Exchange of India Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Titan Company Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by HDFC Bank Limited | Disposed |
| High Court of Delhi | Appeal | Filed against the company by an individual | Pending |
Full case history
All 152 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Karvy Comtrade Limited
Karvy Comtrade operates two associated brands: Karvy Commodities and Karvy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online gaming, betting, and lottery services in Indonesia. | karvycommodities.com | |
| Financial services and wealth management are provided by Karvy. | karvy.com |
Employees and EPFO Compliance at Karvy Comtrade Limited
Karvy Comtrade Limited has a workforce of 122 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Karvy Comtrade Limited
Karvy Comtrade has undergone 2 name changes throughout its history. The company was previously known as Karvy Comtrade Private Limited, and Karvy Commodities Broking Private Limited. The current legal name is Karvy Comtrade Limited.
| Company Name | Status |
|---|---|
| Karvy Comtrade Limited | Current |
| Karvy Comtrade Private Limited | Previous |
| Karvy Commodities Broking Private Limited | Previous |
CIN History of Karvy Comtrade Limited
Karvy Comtrade has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909TG2003PLC042096, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909TG2003PLC042096 | Current |
| U51909AP2003PLC042096 | Previous |
| L51909AP2003PLC042096 | Previous |
News related to Karvy Comtrade Limited
Recent Activity on Karvy Comtrade Limited
Karvy Comtrade Limited has 10 board changes on record since 2003: 3 appointments and 7 cessations. The latest: Sushil Kumar Sinha ceased to be Director on 29 Apr 2021.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Karvy Comtrade Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karvy Comtrade Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karvy Comtrade Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karvy Comtrade Limited
Karvy Comtrade has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCK3403A1ZA | Telangana | Active | 01 Jul 2017 |
| 06AACCK3403A1ZD | Haryana | Active | 01 Jul 2017 |
| 21AACCK3403A1ZL | Odisha | Active | 01 Jul 2017 |
| 22AACCK3403A1ZJ | Chhattisgarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karvy Comtrade Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karvy Comtrade Limited
Karvy Comtrade is an active public limited company based in Hyderabad, Telangana, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 November 2003 (23+ years old) and is registered under CIN U51909TG2003PLC042096.
Karvy Comtrade reported revenue of ₹20.46 Cr for FY 2020 (down 22% YoY).
Karvy Comtrade has 3 current directors:
- Comandur Parthasarathy - Director
- Rajat Parthasarathy - Director
- Siva Ramakrishna Mulpuri - Director
Karvy Comtrade reported a net loss of ₹92.76 Lakh (net margin -4.5%) and EBITDA of ₹2.2 Cr (EBITDA margin 10.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karvy Comtrade is -1% over three years and -2% over five years. In the latest year (FY 2020) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Karvy Comtrade is 36AACCK3403A1ZA, registered in Telangana. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCK3403A1ZD (Haryana), 21AACCK3403A1ZL (Odisha), 22AACCK3403A1ZJ (Chhattisgarh).
The CIN (Corporate Identification Number) of Karvy Comtrade is U51909TG2003PLC042096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karvy Comtrade has 152 court cases on record: 121 filed by the company and 25 filed against it. 16 are pending. Most are in the district courts.
Karvy Comtrade was incorporated on 20 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Karvy Comtrade by revenue are Dhanlaxmi Cotex Limited, MVS Ventures Private Limited, Comfort Fashions Private Limited, Prabhusar Algotech Private Limited, Moonlight Dealcomm Private Limited and 5 more, all in the BFSI industry (Broking Services).
Sushil Kumar Sinha ceased to be Director on 29 Apr 2021. Malay Hazra ceased to be Director on 01 Mar 2021. Souvik Dasgupta ceased to be Ceo(Kmp) on 08 Dec 2020. Karvy Comtrade has 10 board changes on record in total.