Kanara Consumer Products Limited

Founded in 1962 and headquartered in Karnataka, India.

1962 | Bangalore, Karnataka (India) | Active
Last Updated: September 02, 2024

Kanara Consumer Products Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 14.88 Cr
  • Company Age 62 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 669.67 Cr
  • Revenue Growth 2.30%
  • Profit Growth -1539.80%
  • Ebitda -88.47%
  • Net Worth -72.82%
  • Total Assets 24.33%

About Kanara Consumer Products

Kanara Consumer Products Limited (KCPL) was founded in India on 09 February 1962 and has a glorious history of 62 years and 11 months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Karnataka Coir Products Limited. The Company is engaged in the Consumer Goods 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 35.00 Cr and a paid-up capital of Rs 14.88 Cr.

The company has closed loans amounting to ₹669.67 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kanara Consumer Products Limited India are Madhusudan Raghavendrarao as CFO and Susheela Godbole as Company Secretary. Jaya Pai, Tonse Pai, Kuthethoor Shetty, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U68100KA1962PLC001443

  • Company No.

    001443

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1962

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

What products or services does Kanara Consumer Products Limited offer?

Kanara Consumer Products Limited offers a wide range of products and services, including Dinnerware and Serving Utensils, Serving Platters, PU Foam, Coir & Jute Mattresses, Bed Mattress, Spring Mattress, Bonnell Spring Mattress, Bed Linen, Foam Mattress, PU Foam Mattresses, Memory Foam Mattress.

Who are the key members and board of directors at Kanara Consumer Products?

Executive Team (3)

NameDesignationAppointment DateStatus
Tonse Pai Country flag representing In Managing Director15-Jun-2007Current
Madhusudan Raghavendrarao CFO01-May-2023Current
Susheela Godbole Company Secretary20-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Jaya Pai Country flag representing In Director 11-Mar-2005Current
Kuthethoor Shetty Country flag representing In Director 22-Jun-2021Current
Deepa Pai Country flag representing In Director 05-Nov-2015Current
Santhosh Kamath Country flag representing In Director 22-Jun-2021Current
Jyothi Pradhan Country flag representing In Director 05-Nov-2015Current

Financial Performance of Kanara Consumer Products.

Kanara Consumer Products Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.3% increase. The company also saw a substantial fall in profitability, with a 1539.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.82%.

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
2.30%
Revenue from Operations
-1.20%
Total Assets
24.33%
Profit or Loss
-1539.80%
Net Worth
-72.82%
EBITDA
-88.47%

What is the Ownership and Shareholding Structure of Kanara Consumer Products?

In 2023, Kanara Consumer Products had a promoter holding of 94.02% and a public holding of 5.98%. The company had 11 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

₹0

Satisfied Charges

₹669.67 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 200.00 Cr
  • Idbi Bank Limited : 139.50 Cr
  • Axis Bank Limited : 103.00 Cr
  • Canara Bank : 64.28 Cr
  • The Ratnakar Bank Limited : 40.00 Cr
  • Others : 122.88 Cr

Latest Charge Details

DateLenderAmountStatus
12 Aug 2022Idbi Trusteeship Services Limited₹200.00 CrSatisfied
29 Jan 2022Canara Bank₹1.35 CrSatisfied
17 Jan 2022Canara Bank₹62.93 CrSatisfied
10 Sep 2018Others₹3.00 CrSatisfied
20 Mar 2018The Zoroastrian Co-Operative Bank Limited₹1.20 CrSatisfied

How Many Employees Work at Kanara Consumer Products?

Kanara Consumer Products has a workforce of 110 employees as of Sep 02, 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 Kanara Consumer Products, 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 Kanara Consumer Products'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 Kanara Consumer Products

Recent activity within the organization

  • Director Appointment

    Susheela Yashwant Godbole was appointed as a Company Secretary was appointed as a Company Secretary on 20 Mar 2024 & has been associated with this company since 10 months 12 days .

    20 Mar 2024

  • Charges

    A charge registered on 17 Jan 2022 via Charge ID 100544910 with Canara Bank was fully satisfied on 05 Mar 2024.

    05 Mar 2024

  • Annual General Meeting

    Kanara Consumer Products Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Charges

    A charge registered on 12 Aug 2022 via Charge ID 100603603 with Idbi Trusteeship Services Limited was fully satisfied on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge registered on 29 Jan 2022 via Charge ID 100544437 with Canara Bank was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge registered on 20 Mar 2018 via Charge ID 100184102 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 21 Aug 2023.

    21 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Kanara Consumer Products Limited was incorporated on 09 Feb 1962.

  • The authorized share capital of Kanara Consumer Products Limited is ₹ 35.00 Cr and paid-up capital is ₹ 14.88 Cr.

  • Currently 8 directors are associated with Kanara Consumer Products Limited.

    • Jaya Sudhakar Pai
    • Tonse Sudhakar Pai
    • Kuthethoor Venugopal Shetty
    • Deepa Sudhakar Pai
    • Santhosh Kamath
    • Jyothi Ashish Pradhan
    • Madhusudan Kudlugi Raghavendrarao
    • Susheela Yashwant Godbole
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanara Consumer Products Limited is N-301 Iii Floor North Block Front Wing Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India, 560042.

  • The corporate identification number (CIN) of Kanara Consumer Products Limited is U68100KA1962PLC001443 and the company number is 001443 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanara Consumer Products Limited is https://www.kurlon.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kanara Consumer Products Limited has risen by 2.30%.

  • As Per 2023 financial reports, 110 employees are currently employed by Kanara Consumer Products Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kanara Consumer Products Limited has experienced an downturn of -72.82%.

  • The most recent Balance Sheet for Kanara Consumer Products Limited was filed with the ROC on 31 Mar 2023.

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