About Karvy Holdings Limited
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Karvy Holdings Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Karvy Stock Broking Limited. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 05 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65993TG2011PLC077813. Its GSTIN is 36AAECK6238P1ZY (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Deepak Kumar Gupta and Comandur Parthasarathy.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Karvy Millennium Plot No.31&32 Nanakramguda Financial District Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2019, the company reported a revenue of ₹24.41 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹89.6 Lakh (net margin 3.7%) and EBITDA of ₹17.54 Cr (EBITDA margin 71.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company is associated with 1 brand: Karvy. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karvy.com.
Company details
CIN history
Karvy Holdings has one previous CIN (Corporate Identification Number): U65993AP2011PLC077813. The current CIN is U65993TG2011PLC077813, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993TG2011PLC077813 | Current |
| U65993AP2011PLC077813 | Previous |
Contact details
Karvy Holdings Limited's registered office is in Hyderabad, Telangana. Its website is karvy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKarvy Millennium Plot No.31&32 Nanakramguda Financial District Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryFinancial Services, Financial Holding Companies, Diversified Financial Services
To see the full contact details of Karvy Holdings 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 Karvy Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Karvy Holdings Limited, buy the company report.
Financials of Karvy Holdings Limited
FY 2019 filings availableKarvy Holdings Limited reported revenue of ₹24.41 Cr (up 30% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 30% growth in the latest year. EBITDA rose 25% 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 | ₹24.41 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.6 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.9% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Karvy Holdings Limited, buy the company report.
Board of directors of Karvy Holdings Limited
Karvy Holdings has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Comandur Parthasarathy Also directs: Karvy Comtrade Limited, Karvy Realty (India) Limited, Karvy Investment Advisory Services Limited and 4 more | Additional Director | 17 Jun 2021 | 5 Years 4 Months | Current |
| Chintalapudi Pradeep | Additional Director | 17 Jun 2021 | 5 Years 4 Months | Current |
| Deepak Kumar Gupta Also directs: Urjasvala Solar Power Limited | Director | 18 Feb 2016 | 10 Years 8 Months | Current |
| Bhalchandra Vinayak Jadhav | Additional Director | 17 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Karvy Holdings Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Holding Company, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seabird Dealtrade Private Limited | ₹24.48 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Karvy Holdings Limitedthis company | ₹24.41 Cr (FY 2019) | ₹89.6 Lakh | 3.7% | 30.0% | Hyderabad, Telangana, India | |
| Digipe Fintech Private Limited | ₹24.36 Cr (FY 2021) | 79794.0% | Noida, Uttar Pradesh, India | |||
| RK FX Services Private Limited | ₹24.32 Cr (FY 2024) | 74.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Karvy Holdings Limited, buy the company report.
Auditor
Karvy Holdings Limited is audited by LALITH PRASAD AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALITH PRASAD AND CO | FY 2019 | 008089S |
Shareholding
The shareholding of Karvy Holdings 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 Karvy Holdings Limited, buy the company report.
Legal cases
Karvy Holdings Limited has 3 court cases on record: 1 filed by Karvy Holdings, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Appeal | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Adjudicating Authority and 1 other | Disposed |
To see the full case history of Karvy Holdings 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 Karvy Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karvy Holdings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECK6238P1ZY | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karvy Holdings Limited, buy the company report.
Recent activity
Karvy Holdings Limited has 14 board changes on record since 2013: 4 appointments and 10 cessations. The latest: Bhalchandra Vinayak Jadhav was appointed as Additional Director on 17 Jun 2021.
5 earlier events are in the company report.
News
Frequently asked questions
Karvy Holdings is an active public limited company based in Hyderabad, Telangana, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 05 December 2011 (15+ years old) and is registered under CIN U65993TG2011PLC077813.
Karvy Holdings has 4 current directors:
- Comandur Parthasarathy - Additional Director
- Chintalapudi Pradeep - Additional Director
- Deepak Kumar Gupta - Director
- Bhalchandra Vinayak Jadhav - Additional Director
The latest financial statements of Karvy Holdings on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Karvy Holdings is 36AAECK6238P1ZY, registered in Telangana. 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 Karvy Holdings is U65993TG2011PLC077813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karvy Holdings has 3 court cases on record: 1 filed by the company and 2 filed against it.
Karvy Holdings was incorporated on 05 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Karvy Holdings by revenue are Seabird Dealtrade Private Limited, Digipe Fintech Private Limited, RK FX Services Private Limited, all in the BFSI industry (Holding Company, Other Financial Services), with the same principal business activity (other financial activities).
Bhalchandra Vinayak Jadhav was appointed as Additional Director on 17 Jun 2021. Chintalapudi Pradeep was appointed as Additional Director on 17 Jun 2021. Comandur Parthasarathy was appointed as Additional Director on 17 Jun 2021. Karvy Holdings has 14 board changes on record in total.
Karvy Holdings can be reached through the website karvy.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Karvy Holdings is at Karvy Millennium Plot No.31&32 Nanakramguda Financial District Gachibowli, Hyderabad, Telangana, India – 500032.