Coastal Corporation Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.40 Cr
- Company Age 43 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 353.74 Cr
- Satisfied Charges ₹ 102.54 Cr
- Revenue Growth -26.40%
- Profit Growth -40.26%
- Ebitda 18.05%
- Net Worth 19.83%
- Total Assets 10.30%
About Coastal Corporation
Coastal Corporation Limited (CCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 May 1981 and has a history of 43 years and eight months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 501831 and on the National Stock Exchange(NSE) under COASTCORP.
The Corporate was formerly known as Coastal Trawlers Private Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.40 Cr.
The company currently has active open charges totaling ₹353.74 Cr. The company has closed loans amounting to ₹102.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Coastal Corporation Limited India are Ganta Veeravenkata as CFO and Swaroopa Meruva as Company Secretary. Valsaraj Thottoli, Ganta Veeravenkata, Venkata Malakapalli, and Four other members serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Coastal Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Valsaraj Thottoli  | Managing Director | 30-May-1981 | Current |
| Ganta Veeravenkata | CFO | Current | |
| Swaroopa Meruva | Company Secretary | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkateswara Kamireddi | Director | 01-Oct-2004 | Current |
| Ganta Veeravenkata | Whole-Time Director and Cfo | 24-Dec-1999 | Current |
| Venkata Malakapalli | Director | 14-Sep-2015 | Current |
| Jeeja Valsaraj | Director | 01-Oct-2004 | Current |
| Pandithacholanaloor Kalyanaraman | Director | 13-Feb-2018 | Current |
| Emandi Rao | Director | 01-Jul-2021 | Current |
Financial Performance of Coastal Corporation.
Coastal Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.4% decrease. The company also saw a substantial fall in profitability, with a 40.26% decrease in profit. The company's net worth Soared by an impressive increase of 19.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coastal Corporation?
In 2021, Coastal Corporation had a promoter holding of 36.12% and a public holding of 63.88%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹353.74 Cr
₹102.54 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 171.10 Cr
- Bank Of India : 150.33 Cr
- Axis Bank Limited : 31.45 Cr
- President Of India Ministry Of Finance : 0.85 Cr
- The Investment Trust Of India Ltd. : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2022 | Bank Of India | ₹9.40 M | Open |
| 26 Dec 2022 | Axis Bank Limited | ₹6.45 Cr | Open |
| 28 Nov 2022 | Hdfc Bank Limited | ₹1.03 Cr | Open |
| 23 Jun 2022 | Hdfc Bank Limited | ₹70.00 Cr | Open |
| 20 Jun 2022 | Hdfc Bank Limited | ₹0.77 M | Open |
How Many Employees Work at Coastal Corporation?
Coastal Corporation has a workforce of 746 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coastal Corporation, 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 Coastal Corporation's trajectory.
Rating
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
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.
