Karnika Industries Ltd - Stock Valuation and Financial Performance

Karnika Industries was originally incorporated on April 13, 2022 as ‘Karnika Industries Limited’ pursuant to the conversion of a Partnership Firm named M/s Karni International into Public Limited Company vide Registration No. 253035 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre.

The Company is an ISO 14001:2015 certified manufacturer through job work, trader and exporter of garments. It basically manufacture through job work all types of kids wear i.e., shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc. It has constructed well-established manufacturing units for designing, preparation of sample, quality inspection, ironing and packing of Garments that is equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit. Machinery that is equipped in its infrastructure is operated by its highly experienced team of professionals. It is manufacturing majority of its products through job work, it is capable of undertaking bulk requirements of its clients and deliver within stipulated time schedule.

The company majorly focuses in high quality of fabrics and garments, delivering quality textiles and maintaining long term association with its clients. The level of advancement determines the productivity of machines and labour, which in turn, determines the production and profitability of the company. Its technical team is equipped with modern technology and processing techniques by virtue of which it is able to ensure quality output. It sells its products under brand of KARNIKA and sub category as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club. Karnika has reputed client base which includes various reputed Commission Agents and retail sectors clients. Karnika is growing with rapid pace and making its presence in market with quality and professional work.

Its Business Process includes use of yarn and fabrics during the manufacturing process. Besides, it is also able to offer its customers fabric alternatives for their existing collections thus, create important added values in terms of pricing, quality and delivery terms. Its endeavour to satisfy customers by continuous improvement through process innovation and quality maintenance. It focuses on producing quality product to increase customer satisfaction and develop a positive brand image in the industry. Its management and team have enabled it to maintain continuing customer relations, ensuring repeat order flows.

Business area of the company

The company is engaged in the business of manufacturing of readymade cloths, and fabric is used as the primary raw material during its manufacturing process. It basically manufactures through job work all types of kids wear i.e., shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc.

Products of the company 

• Boys garments
• Girls garments

History and milestones 

• 2022-23: Converted from Partnership Firm into Public Limited Company vide fresh certificate of incorporation dated April 13, 2022.