Jammu And Kashmir Development Finance Corporation Limited

State-owned company providing credit and infrastructural support for industrial and tourism development.

2005 | Jammu, Jammu & Kashmir (India) | Active
Last Updated: January 04, 2025

Jammu And Kashmir Development Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 80.00 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -5.11%
  • Profit Growth 14.63%
  • Ebitda 9.17%
  • Net Worth 1.41%
  • Total Assets 7.88%

About Jammu And Kashmir Development Finance Corporation

Jammu And Kashmir Development Finance Corporation Limited (JAKDFCL) is a leading Public Limited Union Government Company incorporated in India on 30 May 2005 and has a history of 19 years and eight months. Its registered office is in Jammu, Jammu & Kashmir, India.

The Company is engaged in the Financial Services 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 100.00 Cr and a paid-up capital of Rs 80.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jammu And Kashmir Development Finance Corporation Limited India are Kamakshi Singh as COMPANY SECRETARY and Mudasir Dar as Cfo. Santosh Vaidya, Kajal, Prashant Lokhande, and Five other members serve as directors at the Company.

Company Details

  • Location

    Jammu, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65920JK2005GOI002523

  • Company No.

    002523

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    30 May 2005

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Financial Services

Who are the key members and board of directors at Jammu And Kashmir Development Finance Corporation?

Executive Team (3)

Name Designation Appointment Date Status
Kajal Country flag representing In Managing Director 01-Apr-2024 Current
Kamakshi Singh Country flag representing In Company Secretary 08-Jan-2018 Current
Mudasir Dar CFO 04-Apr-2019 Current

Board Members (7)

Name Designation Appointment Date Status
Santosh Vaidya Country flag representing In Nominee Director 16-Jun-2023 Current
Prashant Lokhande Country flag representing In Nominee Director 19-Jan-2023 Current
Gurneet Tej Country flag representing In Nominee Director 05-Nov-2024 Current
Sanjeev Khirwar Country flag representing In Director 07-Nov-2023 Current
Kuldeep Tickoo Country flag representing In Nominee Director 06-Jun-2023 Current
Amardeep Bhatia Nominee Director 13-Sep-2024 Current

Financial Performance of Jammu And Kashmir Development Finance Corporation.

Jammu And Kashmir Development Finance Corporation Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.11% decrease. The company also saw a substantial improvement in profitability, with a 14.63% increase in profit. The company's net worth moved up by a moderate rise of 1.41%.

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
-5.11%
Revenue from Operations
67.25%
Total Assets
7.88%
Profit or Loss
14.63%
Net Worth
1.41%
EBITDA
9.17%

What is the Ownership and Shareholding Structure of Jammu And Kashmir Development Finance Corporation?

In 2022, Jammu And Kashmir Development Finance Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Jammu And Kashmir Development Finance Corporation?

Unlock and access historical data on people associated with Jammu And Kashmir Development Finance Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jammu And Kashmir Development Finance 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 Jammu And Kashmir Development Finance Corporation'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 Jammu And Kashmir Development Finance Corporation

Recent activity within the organization

  • Director Appointment

    Gurneet Tej was appointed as a Nominee Director was appointed as a Nominee Director on 05 Nov 2024 & has been associated with this company since 2 months 28 days .

    05 Nov 2024

  • Annual General Meeting

    Jammu And Kashmir Development Finance Corporation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Amardeep Singh Bhatia was appointed as a Nominee Director was appointed as a Nominee Director on 13 Sep 2024 & has been associated with this company since 4 months 20 days .

    13 Sep 2024

  • Director Appointment

    Kajal was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2024 & has been associated with this company since 10 months 1 day .

    01 Apr 2024

  • Balance Sheet

    Jammu And Kashmir Development Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.

    31 Mar 2024

  • Director Appointment

    Sanjeev Khirwar was appointed as a Director was appointed as a Director on 07 Nov 2023 & has been associated with this company since 1 year 2 months .

    07 Nov 2023

Frequently asked questions

  • Jammu And Kashmir Development Finance Corporation Limited was incorporated on 30 May 2005.

  • The authorized share capital of Jammu And Kashmir Development Finance Corporation Limited is ₹ 100.00 Cr and paid-up capital is ₹ 80.00 Cr.

  • Currently 10 directors are associated with Jammu And Kashmir Development Finance Corporation Limited.

    • Santosh Dattatraya Vaidya
    • Kajal
    • Prashant Sitaram Lokhande
    • Gurneet Tej
    • Sanjeev Khirwar
    • Kamakshi Singh
    • Mudasir Ahmad Dar
    • Kuldeep Tickoo
    • Amardeep Singh Bhatia
    • Vikramjit Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jammu And Kashmir Development Finance Corporation Limited is Jammu Kashmir Development Finance Corporation Limited Ground Floor, Jawaharlal Nehru Ud Yog Bhawan Rail Head Complex India, Rail Head Complex Jammu, Jammu & Kashmir, 180012.

  • The corporate identification number (CIN) of Jammu And Kashmir Development Finance Corporation Limited is U65920JK2005GOI002523 and the company number is 002523 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jammu And Kashmir Development Finance Corporation Limited is https://www.jkdfc.org

  • According to the financial reports for the fiscal year 2022, the revenue trend for Jammu And Kashmir Development Finance Corporation Limited has fallen by -5.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jammu And Kashmir Development Finance Corporation Limited has experienced an upsurge of 1.41%.

  • The most recent Balance Sheet for Jammu And Kashmir Development Finance Corporation Limited was filed with the ROC on 31 Mar 2024.

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