Kanel Industries Limited logo

Kanel Industries Limited

Processes and exports various grades of castor oil and offers branded edible oils.
1992 | Ahmedabad, Gujarat (India) | Under Insolvency

Last Updated:

April 21, 2024
HomeCompanyKanel Industries Limited

Who are the key members and board of directors at Kanel Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Dhiren Thakkar InManaging Director06-Jun-1994Current

Board Members(3)

NameDesignationAppointment DateStatus
Hiteshbhai Thakkar In Director 29-Jan-1992Current
Vikram Desai In Director 11-Jan-2021Current
Asha Desai In Director 22-Dec-2016Current

Financial Performance and Corporate Structure Insights of Kanel Industries.

Kanel Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 125.32% increase. The company also saw a substantial improvement in profitability, with a 109.29% increase in profit. The company's net worth moved up by a moderate rise of 0.23%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
125.32%
Revenue from Operations
-36.94%
Total Assets
-54.10%
Profit or Loss
109.29%
Net Worth
0.23%
EBITDA
1.40%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹69.94 Cr

₹85.55 Cr

LenderAmountStatus

Dena Bank

Creation Date: 19 Mar 1998
₹65.75 CrOpen

Dena Bank

Creation Date: 23 Dec 1997
₹2.00 CrOpen

Dena Bank

Creation Date: 01 Aug 1997
₹2.00 CrOpen

How Many Employees Work at Kanel Industries?

Unlock and access historical data on people associated with Kanel Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Kanel Industries

Recent activity within the organization

  • Annual General Meeting

    Kanel Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Kanel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 23 Jan 1998 via Charge ID 90098769 with Asset Reconstruction Company (India) Limited was fully satisfied on 18 Mar 2021.

    18 Mar 2021

  • Director Appointment

    Vikram Ishvarbhai Desai was appointed as a Director was appointed as a Director on 11 Jan 2021 & has been associated with this company since 3 years 11 months .

    11 Jan 2021

  • Charges

    A charge registered on 30 Dec 2006 via Charge ID 10037921 with Kotak Mahindra Bank Ltd. was fully satisfied on 06 Jun 2019.

    06 Jun 2019

  • Charges

    A charge registered on 19 Mar 1998 via Charge ID 90100599 with Kotak Mahindra Bank Ltd was fully satisfied on 06 Jun 2019.

    06 Jun 2019

Frequently asked questions

  • Kanel Industries Limited was incorporated on 29 Jan 1992.

  • The authorized share capital of Kanel Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.41 Cr.

  • Currently 5 directors are associated with Kanel Industries Limited.

    • Dhiren Kanaiyalal Thakkar
    • Hiteshbhai Kanaiyalal Thakkar
    • Vikram Ishvarbhai Desai
    • Dhiren Kanaiyalal Thakkar
    • Asha Fulabhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanel Industries Limited is 203/Abhijeet Buildngsnear Mithakhali 6 Road, Ellissbridge, Ahmedabad, Gujarat, India, 380006.

  • The corporate identification number (CIN) of Kanel Industries Limited is L15140GJ1992PLC017024 and the company number is 017024 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kanel Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Kanel Industries Limited is https://www.kanel.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kanel Industries Limited has risen by 125.32%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kanel Industries Limited has experienced an upsurge of 0.23%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Kanel Industries Limited amount to ₹ 69.94 Cr.

  • The most recent Balance Sheet for Kanel Industries Limited was filed with the ROC on 31 Mar 2023.

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