Canara Hydraulics Private Limited

Designing and manufacturing hydraulic and pneumatic cylinders, components, and industrial goods for various industries.

2001 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Canara Hydraulics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.36 Cr
  • Satisfied Charges ₹ 8.97 Cr
  • Revenue Growth 29.74%
  • Profit Growth 12.89%
  • Ebitda 15.32%
  • Net Worth 30.10%
  • Total Assets 57.35%

About Canara Hydraulics

Canara Hydraulics Private Limited (CHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 2001 and has a history of 23 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.80 Cr.

The company currently has active open charges totaling ₹69.36 Cr. The company has closed loans amounting to ₹8.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santhosh Shetty, Pratima Shetty, and Parichith Shetty serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29299KA2001PTC028967

  • Company No.

    028967

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Canara Hydraulics Private Limited offer?

Canara Hydraulics Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Metal Joints, Multistage Cylinder, Double Acting Cylinder, Power Packs, Hydraulic Power Pack, Hydraulic & Pneumatic Cylinders, Mini Hydraulic Cylinders, Hydraulic Cylinders, Hydraulic Press Cylinder.

Who are the key members and board of directors at Canara Hydraulics?

Executive Team (1)

Name Designation Appointment Date Status
Santhosh Shetty Country flag representing In Managing Director 01-May-2001 Current

Board Members (2)

Name Designation Appointment Date Status
Pratima Shetty Country flag representing In Director 18-Dec-2007 Current
Parichith Shetty Country flag representing In Director 17-Mar-2022 Current

Financial Performance of Canara Hydraulics.

Canara Hydraulics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.74% increase. The company also saw a substantial improvement in profitability, with a 12.89% increase in profit. The company's net worth Soared by an impressive increase of 30.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
29.74%
Revenue from Operations
29.81%
Total Assets
57.35%
Profit or Loss
12.89%
Net Worth
30.10%
EBITDA
15.32%

What is the Ownership and Shareholding Structure of Canara Hydraulics?

In 2023, Canara Hydraulics had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.36 Cr

Satisfied Charges

₹8.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 37.10 Cr
  • Sidbi : 32.01 Cr
  • Axis Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 2024 Sidbi ₹22.63 Cr Open
22 Jul 2024 Sidbi ₹9.38 Cr Open
22 Jul 2021 Axis Bank Limited ₹2.53 M Open
15 Feb 2021 Others ₹30.00 Cr Open
20 Nov 2012 Others ₹7.10 Cr Open

How Many Employees Work at Canara Hydraulics?

Canara Hydraulics has a workforce of 199 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Canara Hydraulics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Canara Hydraulics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Canara Hydraulics

Recent activity within the organization

  • Annual General Meeting

    Canara Hydraulics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 22.63 Cr with Charge ID 100970893 was registered on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge with Sidbi amounted to Rs. 9.38 Cr with Charge ID 100952229 was registered on 22 Jul 2024.

    22 Jul 2024

  • Balance Sheet

    Canara Hydraulics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 15 Feb 2021 with Charge ID 100457871 was modified on 26 Feb 2024.

    26 Feb 2024

  • Director Appointment

    Parichith Santhosh Shetty was appointed as a Director was appointed as a Director on 17 Mar 2022 & has been associated with this company since 2 years 10 months .

    17 Mar 2022

Frequently asked questions

  • Canara Hydraulics Private Limited was incorporated on 01 May 2001.

  • The authorized share capital of Canara Hydraulics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.80 Cr.

  • Currently 3 directors are associated with Canara Hydraulics Private Limited.

    • Santhosh Mahabala Shetty
    • Pratima Santhosh Shetty
    • Parichith Santhosh Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canara Hydraulics Private Limited is Plot No.26E, 2Nd Phase Peenya Industrial Area India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Canara Hydraulics Private Limited is U29299KA2001PTC028967 and the company number is 028967 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canara Hydraulics Private Limited is https://www.canarahydraulics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Canara Hydraulics Private Limited has risen by 29.74%.

  • As Per 2023 financial reports, 199 employees are currently employed by Canara Hydraulics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Canara Hydraulics Private Limited has experienced an upsurge of 30.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Canara Hydraulics Private Limited amount to ₹ 69.36 Cr.

  • The most recent Balance Sheet for Canara Hydraulics Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Hydraulic Machinery & Equipment