Kanakadurga Finance Limited

Asset financing and non-deposit NBFC providing vehicle financing, gold loans, and insurance services in multiple states.

1994 | Krishna, Andhra Pradesh (India) | Active
Last Updated:

Kanakadurga Finance Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.22 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 864.74 Cr
  • Satisfied Charges ₹ 1,152.43 Cr
  • Revenue Growth 25.31%
  • Profit Growth 11.17%
  • Ebitda 23.92%
  • Net Worth 3.68%
  • Total Assets 7.66%

About Kanakadurga Finance

Kanakadurga Finance Limited (KFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 October 1994 and has a history of 30 years and four months. Its registered office is in Krishna, Andhra Pradesh, India.

The Corporate was formerly known as Kanakadurga Leasing And Finance Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 15.22 Cr.

The company currently has active open charges totaling ₹864.74 Cr. The company has closed loans amounting to ₹1,152.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kanakadurga Finance Limited India are Amit Sharma as COMPANY SECRETARY and Jayaprakash Sandireddy as Cfo. Rama Nannapaneni, Rakesh Bhutoria, Amarendra Sahoo, and Four other members serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kanakadurgafinance.com

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65921AP1994PLC018605

  • Company No.

    018605

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Kanakadurga Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Amit Sharma Country flag representing In Company Secretary14-Oct-2022Current
Jayaprakash Sandireddy CFO07-Sep-2021Current
Srimannarayana Sandireddy Country flag representing In Managing Director29-Jan-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Amarendra Sahoo Country flag representing In Additional Director 16-Oct-2018Current
Rama Nannapaneni Country flag representing In Director 04-Nov-2020Current
Rakesh Bhutoria Country flag representing In Nominee Director 14-Jul-2023Current
Ratna Sandireddy Country flag representing In Whole-Time Director 18-Apr-2014Current
Lakshmi Sandireddy Country flag representing In Whole-Time Director 18-Apr-2014Current

Financial Performance of Kanakadurga Finance.

Kanakadurga Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.31% increase. The company also saw a substantial improvement in profitability, with a 11.17% increase in profit. The company's net worth moved up by a moderate rise of 3.68%.

Kanakadurga Finance revenue growth over time
Kanakadurga Finance 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
25.31%
Revenue from Operations
25.36%
Total Assets
7.66%
Profit or Loss
11.17%
Net Worth
3.68%
EBITDA
23.92%

What is the Ownership and Shareholding Structure of Kanakadurga Finance?

In 2023, Kanakadurga Finance had a promoter holding of 71.16% and a public holding of 28.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹864.74 Cr

Satisfied Charges

₹1,152.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 835.74 Cr
  • Hdfc Bank Limited : 29.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2024Others₹5.00 CrOpen
29 Jun 2024Others₹50.00 CrOpen
28 Jun 2024Others₹10.00 CrOpen
27 Jun 2024Others₹10.00 CrOpen
25 Jun 2024Others₹15.00 CrOpen

How Many Employees Work at Kanakadurga Finance?

Kanakadurga Finance has a workforce of 379 employees as of Apr 10, 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.

Employee growth trends for Kanakadurga Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kanakadurga Finance, 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 Kanakadurga Finance'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 Kanakadurga Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 12 Sep 2023 with Charge ID 100788434 was modified on 12 Jul 2024.

  • Charges

    A charge registered on 28 Mar 2022 via Charge ID 100565747 with Others was fully satisfied on 05 Jul 2024.

  • Charges

    A charge registered on 21 Sep 2022 via Charge ID 100684987 with Others was fully satisfied on 02 Jul 2024.

  • Charges

    A charge registered on 28 Dec 2022 via Charge ID 100685092 with Others was fully satisfied on 01 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100942509 was registered on 29 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100942513 was registered on 29 Jun 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Kanakadurga Finance Limited?

    Kanakadurga Finance Limited was incorporated on 24 Oct 1994.

  • What is authorized share capital and paid-up capital of Kanakadurga Finance Limited?

    The authorized share capital of Kanakadurga Finance Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.22 Cr.

  • Who are the current board members & directors of Kanakadurga Finance Limited?

    Currently 9 directors are associated with Kanakadurga Finance Limited.

    • Amit Kumar Sharma
    • Jayaprakash Narayana Chowdary Sandireddy
    • Rama Mohan Rao Nannapaneni
    • Rakesh Kumar Bhutoria
    • Amarendra Sahoo
    • Srimannarayana Sandireddy
    • Jayaprakash Narayana Chowdary Sandireddy
    • Ratna Kumari Sandireddy
    • Lakshmi Narayana Sandireddy

  • What is the registered address of Kanakadurga Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kanakadurga Finance Limited is 54-9-23 100 Feet Road Auto Nagar, India, Vijayawada, Andhra Pradesh, 520007.

  • What is the corporate identification number (CIN) and company number of Kanakadurga Finance Limited?

    The corporate identification number (CIN) of Kanakadurga Finance Limited is U65921AP1994PLC018605 and the company number is 018605 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kanakadurga Finance Limited?

    The Official website of Kanakadurga Finance Limited is https://www.kanakadurgafinance.com

  • What has been the recent revenue trend for Kanakadurga Finance Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kanakadurga Finance Limited has risen by 25.31%.

  • How many employees does Kanakadurga Finance Limited currently have?

    As Per 2023 financial reports, 379 employees are currently employed by Kanakadurga Finance Limited.

  • What change has been observed in the net worth of Kanakadurga Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kanakadurga Finance Limited has experienced an upsurge of 3.68%.

  • What are the total open charges for Kanakadurga Finance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kanakadurga Finance Limited amount to ₹ 864.74 Cr.

  • When was the last Balance Sheet of Kanakadurga Finance Limited filed with the ROC?

    The most recent Balance Sheet for Kanakadurga Finance Limited was filed with the ROC on 31 Mar 2023.

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