Indian Company Master Data Made Simple
Karnavati Finance Limited
Founded in 1984, Karnavati Finance Limited has been operating for more than 41 years. Karnavati Finance Limited is registered with CIN L65910MH1984PLC034724 (reg. no. 34724). The organization is recorded as company limited by shares under Indian company law. Authorized share capital stands at ₹10.50 crore. The company’s paid-up capital is ₹10.05 crore.
The company specializes in other financial intermediation. [this group includes financial intermediation other than that conducted by monetary institutions.] operations. Registered under the jurisdiction of Mumbai. The company is incorporated with the address 705, Palm Spring Centre, Above Croma, Near New Infinity Mall, Link Road, Malad (west), Mumbai Mumbai City Mh 400064 In. The firm continues to be in active status. Karnavati Finance Limited can be contacted at [email protected].
Company Overview
- CIN
- Date of Incorporation
- 05/12/1984
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- -
- Company Category
- Company limited by Shares
- Company Sub Category
- Non-govt company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹10,50,00,000.00
- Paid up Capital
- ₹10,05,00,000.00
- Activity
- Other financial intermediation. [This group includes financial intermediation other than that conducted by monetary institutions.]
- [email protected]
- PAN
Balance Sheet
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Total Non Current Liabilities Net Minority Interest | ₹1,137.93L | ₹1,604.96L | ₹1,298.91L | ₹135.55L | ₹0.00L |
| Accumulated Depreciation | -₹12.00L | -₹11.91L | -₹11.57L | ₹0.00L | -₹18.13L |
| Total Liabilities Net Minority Interest | ₹1,138.48L | ₹1,682.34L | ₹1,377.87L | ₹144.71L | ₹0.00L |
| Tangible Book Value | ₹1,022.71L | ₹1,190.77L | ₹1,357.58L | ₹1,301.47L | ₹0.00L |
| Long Term Debt | ₹1,109.46L | ₹1,554.61L | ₹1,272.60L | ₹121.17L | ₹0.00L |
| Long Term Provisions | ₹9.19L | ₹16.92L | ₹24.98L | ₹14.37L | ₹0.00L |
| Machinery Furniture Equipment | ₹11.75L | ₹11.67L | ₹11.67L | ₹0.00L | ₹19.86L |
| Total Assets | ₹2,161.19L | ₹2,873.11L | ₹2,735.45L | ₹1,446.18L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹1,022.71L | ₹1,190.77L | ₹1,357.58L | ₹1,301.47L | ₹0.00L |
| Gross PPE | ₹12.54L | ₹12.46L | ₹12.46L | ₹1.57L | ₹0.00L |
| Total Capitalization | ₹2,132.17L | ₹2,745.38L | ₹2,630.18L | ₹1,422.64L | ₹0.00L |
| Common Stock | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹0.00L |
| Total Debt | ₹1,109.46L | ₹1,554.61L | ₹1,272.60L | ₹121.17L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹17.71L | ₹185.77L | ₹352.58L | ₹296.47L | ₹0.00L |
| Other Non Current Liabilities | -₹0.01L | -₹0.01L | -₹0.01L | ₹0.01L | ₹0.00L |
| Capital Stock | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹0.00L |
| Additional Paid In Capital | ₹107.30L | ₹140.91L | ₹174.27L | ₹0.00L | ₹101.40L |
| Total Non Current Assets | ₹7.00L | ₹16.77L | ₹17.12L | ₹2.59L | ₹0.00L |
| Invested Capital | ₹2,132.17L | ₹2,745.38L | ₹2,630.18L | ₹1,422.64L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹1.97L | ₹14.30L | ₹168.82L | ₹10.39L | ₹0.00L |
| Net Tangible Assets | ₹1,022.71L | ₹1,190.77L | ₹1,357.58L | ₹1,301.47L | ₹0.00L |
| Prepaid Assets | ₹15.20L | ₹5.00L | ₹5.00L | ₹5.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹1.97L | ₹14.30L | ₹168.82L | ₹10.39L | ₹0.00L |
| Stockholders Equity | ₹1,022.71L | ₹1,190.77L | ₹1,357.58L | ₹1,301.47L | ₹0.00L |
| Share Issued | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹0.00L |
| Current Assets | ₹2,149.19L | ₹2,856.33L | ₹2,718.31L | ₹1,443.59L | ₹0.00L |
| Working Capital | ₹2,148.64L | ₹2,778.95L | ₹2,639.35L | ₹1,434.43L | ₹0.00L |
| Net Debt | ₹1,107.49L | ₹1,540.31L | ₹1,103.78L | ₹110.78L | ₹0.00L |
| Ordinary Shares Number | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹1,005.00L | ₹0.00L |
| Financial Assets | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹1,109.46L | ₹1,554.61L | ₹1,272.60L | ₹121.17L | ₹0.00L |
| Current Liabilities | ₹0.55L | ₹77.38L | ₹78.96L | ₹9.16L | ₹0.00L |
| Net PPE | ₹0.54L | ₹0.55L | ₹0.89L | ₹1.57L | ₹0.00L |
| Retained Earnings | -₹89.74L | ₹44.71L | ₹178.16L | ₹0.00L | ₹109.02L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | ₹5.60L | ₹15.20L | ₹15.20L | ₹0.00L | ₹5.34L |
| Common Stock Equity | ₹1,022.71L | ₹1,190.77L | ₹1,357.58L | ₹1,301.47L | ₹0.00L |
| Inventory | ₹0.00L | ₹1.88L | ₹1.85L | ₹1.71L | ₹0.00L |
| Other Properties | ₹0.79L | ₹0.79L | ₹0.79L | ₹1.57L | ₹0.00L |
Cash Flow
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Changes In Cash | -₹12.33L | -₹154.51L | ₹158.43L | -₹0.26L | ₹0.00L |
| Financing Cash Flow | -₹560.34L | ₹124.92L | ₹1,102.90L | -₹425.43L | ₹0.00L |
| Investing Cash Flow | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.20L | ₹0.00L |
| Free Cash Flow | ₹548.01L | -₹279.43L | -₹944.47L | ₹424.97L | ₹0.00L |
| End Cash Position | ₹1.96L | ₹14.30L | ₹168.82L | ₹10.39L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | -₹0.01L | -₹0.01L | ₹0.00L | -₹0.01L | ₹0.01L |
| Beginning Cash Position | ₹14.30L | ₹168.82L | ₹10.39L | ₹10.66L | ₹0.00L |
| Operating Cash Flow | ₹548.01L | -₹279.43L | -₹944.47L | ₹424.97L | ₹0.00L |
Income Statement
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Rent Expense Supplemental | ₹2.40L | ₹6.00L | ₹12.75L | ₹6.00L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| EBITDA | -₹166.55L | -₹155.39L | ₹75.47L | ₹41.76L |
| Basic EPS | -₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items | -₹1.24L | ₹0.00L | ₹0.00L | -₹138.62L |
| Total Expenses | ₹322.66L | ₹460.05L | ₹209.19L | ₹67.75L |
| Operating Revenue | ₹157.23L | ₹304.10L | ₹284.63L | ₹193.50L |
| Tax Effect Of Unusual Items | -₹0.37L | ₹0.00L | ₹0.00L | -₹34.87L |
| Total Unusual Items Excluding Goodwill | -₹1.24L | ₹0.00L | ₹0.00L | -₹138.62L |
| Interest Income Non Operating | ₹0.00L | ₹0.00L | ₹0.00L | ₹46.46L |
| Interest Expense Non Operating | ₹1.29L | ₹1.65L | ₹0.05L | ₹0.48L |
| Interest Income | ₹0.00L | ₹0.00L | ₹0.00L | ₹46.46L |
| Net Income From Continuing And Discontinued Operation | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| General And Administrative Expense | ₹2.45L | ₹4.43L | ₹7.50L | ₹4.36L |
| Reconciled Depreciation | ₹0.10L | ₹0.34L | ₹0.66L | ₹0.77L |
| Net Income Continuous Operations | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| Reconciled Cost Of Revenue | ₹127.42L | ₹206.70L | ₹79.02L | ₹19.79L |
| Net Income | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| Operating Income | -₹165.43L | -₹155.95L | ₹75.44L | ₹125.75L |
| Diluted Average Shares | ₹100.50L | ₹100.50L | ₹100.50L | ₹1,005.00L |
| Selling And Marketing Expense | ₹0.92L | ₹0.69L | ₹18.85L | ₹0.72L |
| Normalized Income | -₹167.19L | -₹166.81L | ₹56.11L | ₹134.06L |
| Total Other Finance Cost | ₹0.02L | ₹0.07L | ₹0.70L | ₹0.14L |
| Net Non Operating Interest Income Expense | -₹1.31L | -₹1.72L | -₹0.75L | ₹45.84L |
| Gross Profit | ₹29.81L | ₹97.40L | ₹205.61L | ₹173.71L |
| EBIT | -₹166.65L | -₹155.73L | ₹74.81L | ₹40.99L |
| Diluted NIAvailto Com Stockholders | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| Cost Of Revenue | ₹127.42L | ₹206.70L | ₹79.02L | ₹19.79L |
| Net Interest Income | -₹1.31L | -₹1.72L | -₹0.75L | ₹45.84L |
| Operating Expense | ₹195.24L | ₹253.35L | ₹130.17L | ₹47.96L |
| Normalized EBITDA | -₹165.31L | -₹155.39L | ₹75.47L | ₹180.38L |
| Net Income Common Stockholders | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| Pretax Income | -₹167.94L | -₹157.38L | ₹74.76L | ₹40.51L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling General And Administration | ₹3.37L | ₹5.12L | ₹26.35L | ₹5.08L |
| Total Revenue | ₹157.23L | ₹304.10L | ₹284.63L | ₹193.50L |
| Other Operating Expenses | ₹181.76L | ₹220.31L | ₹68.16L | ₹14.29L |
| Diluted EPS | -₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹1.29L | ₹1.65L | ₹0.05L | ₹0.48L |
| Basic Average Shares | ₹100.50L | ₹100.50L | ₹100.50L | ₹1,005.00L |
| Net Income Including Noncontrolling Interests | -₹168.06L | -₹166.81L | ₹56.11L | ₹30.31L |
| Tax Provision | ₹0.12L | ₹9.43L | ₹18.66L | ₹10.19L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 29/09/2001 | Raman Pragjibhai Morzaria | 00203310 | Wholetime Director | View other directorships |
| 15/09/2010 | Jay Ramanbhai Morzaria | 02338864 | Managing Director | View other directorships |
| 20/09/2018 | Parth Chandreshbhai Maniar | 07980886 | Director | View other directorships |
| 06/05/2020 | Vinita Ajaybhai Parekh | 08739757 | Director | View other directorships |
Similar Companies
| Company | CIN | Address |
|---|---|---|
| Anjani Foods Limited | L65910AP1983PLC004005 | Vishnupurdurgapur Garagaparru Road, Bhimavaram, Andhra Pradesh, India, 534202 |
| Deepika Leasing And Finance Limited | L65910AP1990PLC011612 | 207,mg Estates 3rd Floor,dwarakapuri Cly, Punjagutta, Hyderabad. Ap, Andhra Pradesh, India, 000000 |
| Escorts Finance Limited | L65910CH1987PLC033652 | Plot No. 19, Industrial Area, Phase 2 Chandigarh Chandigarh Ch 160002 In |
| Kunststoffe Industries Limited | L65910DD1985PLC010032 | Airport Road, Kadaiya Village,,nani Daman, Daman And Diu,daman,daman,daman And Diu,396210-india |
| Marble Finvest Limited | L65910CH1984PLC021285 | Plot No.78 Industrial Area, Phase 1, Chandigarh, Chandigarh, Chandigarh, India, 160002 |
Address
Frequently Asked Questions
The current board member of Karnavati Finance Limited are:
- Parth Chandreshbhai Maniar
- Jay Ramanbhai Morzaria
- Vinita Ajaybhai Parekh
- Raman Pragjibhai Morzaria