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
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
Financials of Karwa Spinners Private Limited
FY 2025 filings availableKarwa Spinners Private Limited reported revenue of ₹3.05 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2023-24, 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.
: available in the company report
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
Karwa Spinners Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products). 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 |
Peers are the companies nearest to Karwa Spinners by revenue, above and below it, in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| 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
Karwa Spinners Private Limited has 2 court cases on record: 1 filed by Karwa Spinners, 1 filed against it. All cases are disposed.
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) | Filed by the company against an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Karwa Spinners.
: available in the company report
Recent Activity
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
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Karwa Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCK0132F1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 2 current directors:
- Bharti Karwa - Director
- Lokendra Kumar Karawa - Director
The latest financial statements of Karwa Spinners 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 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 1 more, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
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.
Karwa Spinners can be reached through the website karwaspinners.com. Its registered office is in Varanasi, Uttar Pradesh, India.
The registered office of Karwa Spinners is at Gopal Bagh Bhullanpur PacManduadih Varanasi, Uttar Pradesh, India – 221104.