Kanel Industries Limited

Processes and exports various grades of castor oil and offers branded edible oils.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Kanel Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.41 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.94 Cr
  • Satisfied Charges ₹ 85.55 Cr
  • Revenue Growth 125.32%
  • Profit Growth 109.29%
  • Ebitda 1.40%
  • Net Worth 0.23%
  • Total Assets -54.10%

About Kanel Industries

Kanel Industries Limited (KIL) is a Public Limited Indian Non-Government Company incorporated in India on 29 January 1992 and has a history of 33 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500236.

The Corporate was formerly known as Kanel Oil And Export Industries Limited. The Company is engaged in the Agriculture 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 20.00 Cr and a paid-up capital of Rs 18.41 Cr.

The company currently has active open charges totaling ₹69.94 Cr. The company has closed loans amounting to ₹85.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kanel Industries Limited India is Dhiren Thakkar as CFO. Keyoor Bakshi, Kamini Bakshi, and Harshit Kachchhi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15140GJ1992PLC017024

  • Company No.

    017024

  • Stock Symbol

    BSE : 500236

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture
Food and Beverages
Company report

Kanel Industries Limited

Explore comprehensive data for Kanel Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Dhiren Thakkar Country flag representing In CFO05-Sep-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Harshit Kachchhi Country flag representing In Director 25-Oct-2024Current
Keyoor Bakshi Country flag representing In Director 25-Oct-2024Current
Kamini Bakshi Country flag representing In Director 25-Oct-2024Current

Financial Performance 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%.

Kanel Industries revenue growth over time
Kanel Industries 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
125.32%
Revenue from Operations
-36.94%
Total Assets
-54.10%
Profit or Loss
109.29%
Net Worth
0.23%
EBITDA
1.40%

What is the Ownership and Shareholding Structure of Kanel Industries?

In 2022, Kanel Industries had a promoter holding of 0.70% and a public holding of 99.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.94 Cr

Satisfied Charges

₹85.55 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 69.75 Cr
  • Anz Grindlays Bank : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 1998Dena Bank₹65.75 CrOpen
23 Dec 1997Dena Bank₹2.00 CrOpen
01 Aug 1997Dena Bank₹2.00 CrOpen
10 Oct 1996Anz Grindlays Bank₹1.87 MOpen
30 Dec 2006Kotak Mahindra Bank Ltd.₹2.00 CrSatisfied

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.

Employee growth trends for Kanel Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kanel Industries, 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 Kanel Industries'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 Kanel Industries

Recent activity within the organization

  • Director Appointment

    Keyoor Madhusudan Bakshi was appointed as a Director was appointed as a Director on 25 Oct 2024 & has been associated with this company since 5 months 20 days .

  • Director Appointment

    Kamini Keyoor Bakshi was appointed as a Director was appointed as a Director on 25 Oct 2024 & has been associated with this company since 5 months 20 days .

  • Director Appointment

    Harshit Maulinbhai Kachchhi was appointed as a Director was appointed as a Director on 25 Oct 2024 & has been associated with this company since 5 months 20 days .

  • Annual General Meeting

    Kanel Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Kanel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • 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.

Frequently asked questions

  • What is the Incorporation or founding date of Kanel Industries Limited?

    Kanel Industries Limited was incorporated on 29 Jan 1992.

  • What is authorized share capital and paid-up capital of Kanel Industries Limited?

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

  • Who are the current board members & directors of Kanel Industries Limited?

    Currently 4 directors are associated with Kanel Industries Limited.

    • Keyoor Madhusudan Bakshi
    • Kamini Keyoor Bakshi
    • Harshit Maulinbhai Kachchhi
    • Dhiren Kanaiyalal Thakkar

  • What is the registered address of Kanel Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kanel Industries Limited is 1503 Westport Sindhu Bhavan Road, Nr. S P Ring Ahmedabad India, Daskroi, Gujarat, 380059.

  • What is the corporate identification number (CIN) and company number of Kanel Industries Limited?

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

  • Is Kanel Industries Limited registered with any stock exchange in India?

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

  • What is the official website of Kanel Industries Limited?

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

  • What has been the recent revenue trend for Kanel Industries Limited?

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

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

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

  • What are the total open charges for Kanel Industries Limited?

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

  • When was the last Balance Sheet of Kanel Industries Limited filed with the ROC?

    The most recent Balance Sheet for Kanel Industries Limited was filed with the ROC on 31 Mar 2024.

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