KARNAWATI
Karnawati Innovation financials
- Market cap
- ₹9 Cr
Quarterly results
Q3 FY26: net profit up 18600.0% against the same quarter last year.
| Line item | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 0 | 0 | 0 | 0 −100% | 0 −100% | 20 | 71 |
| EBITDA | 0 | 0 | -0 | -0 | -0 −317% | -0 −1500% | 2 +2400% | 2 +18600% |
| Net profit | 0 | 0 | 0 | -0 | 0 +225% | 0 +1500% | 2 +7950% | 2 +18600% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.0% 1Y
1Y: ₹1.69 on 9 Sept 2025 → ₹1.25. High ₹2.82 (13 Oct 2025), low ₹1.05 (2 Feb 2026).
Financials, as filed
Revenue fell 88.3% a year over 1 year, FY24 to FY25. Operating margin narrowed to -42.6%.
| Year ending | FY24 | FY25 |
|---|---|---|
| Revenue | ₹4 Cr | ₹0 Cr |
| Operating profit | ₹0 Cr | ₹-0 Cr |
| Operating margin | 5.7% | -42.6% |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹0 Cr |
| Net margin | 5.2% | 31.9% |
| Cash from operations | ₹0 Cr | ₹0 Cr |
| Free cash flow | ₹0 Cr | ₹0 Cr |
| ROCE | 21.4% | 20.7% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹-5 Cr | ₹-5 Cr | ₹-5 Cr | ₹-5 Cr | ₹-4 Cr | ₹-2 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹3 Cr | ₹18 Cr |
| Total liabilities | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹4 Cr | ₹21 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹20 Cr |
| Other assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹3 Cr | ₹0 Cr |
| Total assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹4 Cr | ₹21 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025.
- Public
- 100.0%
Since Mar 2025
- Public −0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Jun '23: Promoters 0.0%, Public 100.0%.Sep '23: Promoters 0.0%, Public 100.0%.Dec '23: Promoters 0.0%, Public 100.0%.Mar '24: Promoters 0.0%, Public 100.0%.Jun '24: Promoters 0.0%, Public 100.0%.Sep '24: Public 100.0%.Dec '24: Public 100.0%.Mar '25: Public 100.0%.Jun '25: Public 100.0%.Sep '25: Public 100.0%.Dec '25: Public 100.0%.Mar '26: Public 100.0%.
Who bought this quarter
since Dec 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- L7 Hitech Private Limited newly disclosed 1.36% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Karnawati Innovation Limited above SEBI's 1% disclosure line, and what changed since Dec 2025.
| Holder | Stake | Change |
|---|---|---|
| Shah Aarsh | 1.45% | unchanged |
| L7 Hitech Private Limited | 1.36% | newly disclosed |
| Devprakash Gupta | 1.16% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Karnawati Innovation Limited
Guides on how to read this kind of business and the numbers that matter.