What we do Karnawati Innovation Limited manufactures mineral water bottles and PET bottles for liquor and gaseous products, also engaging in plastics trading, agriculture, jewelry, and plastic recycling businesses. |
Founded in 1,986 |
Market share Operates in niche mineral water and PET bottle sectors; expanding into agriculture, jewelry, and plastics recycling with diversified business model. |
Problem solved Provides specialized packaging solutions addressing demand for safe mineral water and PET bottles; diversifying to meet agricultural and recycling needs. |
Top clients or who we serve Supplies mineral water bottlers, liquor manufacturers, agricultural sector, plastics traders, and jewelry businesses; serves B2B market primarily. |
Key management Jagdip Panachand Vora (Director), Kevinkumar Mansukhlal Saparia (Managing Director) with comprehensive sector expertise. |
Our journey and innovations Started as PVC bottle manufacturer (1986), expanded to mineral water production via Reverse Osmosis (2022), added PET bottle production (2023), broadened business to agriculture and jewelry. |
Where we operate Operations primarily in Gujarat, India with focus on local plastic manufacturing and agricultural sectors. |
Top products or what we offer Mineral water via RO technology; PET bottles for beverages; plastic products; agricultural produce; and plastic recycling services. |
Top brands Key brand Bisil Plast for plastic bottles; mineral water segment with RO technology installation; plastic trading and recycling services growing. |
Raw materials needed PVC and PET resins, plastic raw materials, agricultural inputs, precious metals (gold, silver) for jewelry business. |
Raw materials supplier Sources plastics raw materials and resins from domestic and international suppliers; metals procured through established bullion partners. |
Recurring vs cyclical contribution Mixed revenue streams with recurring sales from plastic bottles and cyclical contributions from agriculture and jewelry. |
Our industry position Emerging player in plastic bottle manufacturing with expanding presence in related diversified sectors. |
Financial highlights Revenue Rs. 92.86 million, Net Profit Rs. 1.47 million in FY 2024-25; modest growth with focus on reinvestment. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity expansion, forward integration into mineral water, diversification into agriculture, recycling, and precious metals trading. |
Our future plans Expand capacities in PET bottle production, enhance agricultural projects, and grow plastic recycling and jewelry segments. |
Our green promise Engages in plastic recycling business fostering sustainable reuse; promoting organic and sustainable farming practices. |
Our people and values Professional board with executive and independent directors; emphasis on integrity, ethics, and employee development. |
Key challenges ahead Scaling operations profitably, managing diversified segment risks, regulatory approvals, and intense competition in plastics and agriculture. |
Interesting facts Company name changed multiple times reflecting evolving focus; implemented advanced RO water technologies sourced from USA. |
Risks and strategy Mitigates market fluctuations via diversification; focuses on technology adoption and infrastructure upgrades to sustain growth. |
