About Karwa Spinners Private Limited
Data last updated:
Karwa Spinners Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 14 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U17115UP1995PTC017553. Its GSTIN is 09AABCK0132F1Z2 (Uttar Pradesh).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.93 Lakh. It is led by directors Bharti Karwa and Lokendra Kumar Karawa.
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 Gopal Bagh Bhullanpur (Pac)Manduadih Varanasi, Uttar Pradesh, India – 221104.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.05 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹86.43 Lakh (net margin 28.3%) and EBITDA of ₹1.9 Cr (EBITDA margin 62.3%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹10.28 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 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 karwaspinners.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGopal Bagh Bhullanpur (Pac)Manduadih Varanasi, Uttar Pradesh, India – 221104
- IndustryConsumer Goods, Home Furnishings Manufacturing
- 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 Karwa Spinners Private Limited
The main business activity of Karwa Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Karwa Spinners Private Limited FY 2025 filings available
Karwa Spinners Private Limited reported revenue of ₹3.05 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Karwa Spinners Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 28% growth in the latest year. EBITDA rose 47% 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 Karwa Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86.43 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 Karwa Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.3% | •••• | •••• | •••• | •••• |
| 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 Karwa Spinners 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.
Board of Directors of Karwa Spinners Private Limited
Karwa Spinners has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Karwa Also directs: Karwa Yarn Private Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Lokendra Kumar Karawa Also directs: Karwa Yarn Private Limited, Tapovan Foundation | Director | 14 Feb 1995 | 31 Years 8 Months | Current |
Peer Comparison of Karwa Spinners Private Limited
Karwa Spinners Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deepak Fashions Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Saav Tex Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Delhi, India |
| Illumin8 Blinds India Private Limited | ₹3.09 Cr (FY 2024) | •••• | •••• | •••• | Sriperumbudur, Tamil Nadu, India | |
| Sunil Foam Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Vaneeta Texcraft Private Limited | ₹3.06 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Ludhiana, Punjab, India |
| Karwa Spinners Private Limited this company | ₹3.05 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Varanasi, Uttar Pradesh, India |
| Kalina Overseas Private Limited | ₹3.05 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Pearl Fibres Private Limited (Transfer From Haryan to Rajasthan) | ₹3.05 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Jaipur, Rajasthan, India |
| Ravi Furnishings Private Limited | ₹3.02 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Kolkata, West Bengal, India |
| Verdes Studio Private Limited | ₹3.02 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Pune, Maharashtra, India |
| Orangeblue Inspired Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Karwa Spinners by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 Karwa Spinners Private Limited
Karwa Spinners Private Limited is audited by Deepak Yashdeep & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak Yashdeep & 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.
Ownership and Shareholding of Karwa Spinners Private 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 Karwa Spinners Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹9.98 Cr | Open |
| 20 Aug 2004 | Union Bank of India | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Karwa Spinners Private Limited
Karwa Spinners Private Limited has 2 court cases on record: 1 filed by Karwa Spinners, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Varanasi, Uttar Pradesh | Civil suit | Filed against the company by an individual | Disposed |
| District court, Varanasi, Uttar Pradesh | Court case (Complaint Cases -Old) | Filed by the company against an individual | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Karwa Spinners Private Limited
Employment history and EPFO contributions of people linked to Karwa Spinners.
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.
Recent Activity on Karwa Spinners Private Limited
Karwa Spinners Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Bharti Karwa was appointed as Director on 01 Jul 2008.
Credit Ratings, Litigation & Regulatory Alerts for Karwa Spinners Private 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 Karwa Spinners Private 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 Karwa Spinners Private 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 Karwa Spinners Private Limited
Karwa Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCK0132F1Z2 | Uttar Pradesh | 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 Karwa Spinners Private 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 Karwa Spinners Private Limited
Karwa Spinners is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 14 February 1995 (31+ years old) and is registered under CIN U17115UP1995PTC017553.
Karwa Spinners reported revenue of ₹3.05 Cr for FY 2025 (up 28% YoY).
Karwa Spinners has 2 current directors:
- Bharti Karwa - Director
- Lokendra Kumar Karawa - Director
Karwa Spinners reported a net profit of ₹86.43 Lakh (net margin 28.3%) and EBITDA of ₹1.9 Cr (EBITDA margin 62.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karwa Spinners is 81% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Karwa Spinners is 09AABCK0132F1Z2, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Karwa Spinners is U17115UP1995PTC017553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karwa Spinners has 2 court cases on record: 1 filed by the company and 1 filed against it.
Karwa Spinners was incorporated on 14 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Karwa Spinners by revenue are Deepak Fashions Private Limited, Saav Tex Private Limited, Illumin8 Blinds India Private Limited, Sunil Foam Private Limited, Vaneeta Texcraft Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Bharti Karwa was appointed as Director on 01 Jul 2008. Shrwan Kumar Karwa ceased to be Director on 01 Jul 2008. Lokendra Kumar Karawa was appointed as Director on 14 Feb 1995.