Kanakadurga Finance Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 15.22 Cr
- Company Age 30 Year, 3 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 three 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
-
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
Who are the key members and board of directors at Kanakadurga Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Sharma
|
Company Secretary | 14-Oct-2022 | Current |
| Jayaprakash Sandireddy | CFO | 07-Sep-2021 | Current |
|
Srimannarayana Sandireddy
|
Managing Director | 29-Jan-2005 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Amarendra Sahoo
|
Additional Director | 16-Oct-2018 | Current |
|
Rama Nannapaneni
|
Director | 04-Nov-2020 | Current |
|
Rakesh Bhutoria
|
Nominee Director | 14-Jul-2023 | Current |
|
Ratna Sandireddy
|
Whole-Time Director | 18-Apr-2014 | Current |
|
Lakshmi Sandireddy
|
Whole-Time Director | 18-Apr-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
-
Prithvi Exchange (India) LimitedAmarendra Sahoo is a mutual person
-
Popular Vehicles And Services LimitedRakesh Bhutoria is a mutual person
-
Mahaveer Finance India LimitedRakesh Bhutoria is a mutual person
-
Hiwi Forex Transaction Services Private LimitedAmarendra Sahoo is a mutual person
-
Finsall Capital Private LimitedAmarendra Sahoo is a mutual person
-
Finsall Resources Private Limited
Amarendra Sahoo is a mutual person
Charges (Loans)
₹864.74 Cr
₹1,152.43 Cr
Charges Breakdown by Lending Institutions
- Others : 835.74 Cr
- Hdfc Bank Limited : 29.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Others | ₹5.00 Cr | Open |
| 29 Jun 2024 | Others | ₹50.00 Cr | Open |
| 28 Jun 2024 | Others | ₹10.00 Cr | Open |
| 27 Jun 2024 | Others | ₹10.00 Cr | Open |
| 25 Jun 2024 | Others | ₹15.00 Cr | Open |
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.
Deals i
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
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.
