Karnataka Agro Industries Corporation Limited

Manufacturer and dealer of agricultural and fishery machinery, implements, and equipment, including pumps, tractors, and fishing boats.

1967 | Bangaluru, Karnataka (India) | Active
Last Updated:

Karnataka Agro Industries Corporation Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 7.54 Cr
  • Company Age 57 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -4.49%
  • Profit Growth -20.02%
  • Ebitda -44.04%
  • Net Worth -10.01%
  • Total Assets -22.81%

About Karnataka Agro Industries Corporation

Karnataka Agro Industries Corporation Limited (KAICL) was founded in India on 01 September 1967 and has a glorious history of 57 years and eight months.Its registered office is in Bangaluru, Karnataka, India.

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 24.00 Cr and a paid-up capital of Rs 7.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anbukkumar Venkatesan, Honnalingappa Yalanadu, Devaraja Habakanahalli, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00110KA1967SGC001691

  • Company No.

    001691

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    01 Sep 1967

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Company report

Karnataka Agro Industries Corporation Limited

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

Who are the key members and board of directors at Karnataka Agro Industries Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Devaraja Habakanahalli Managing Director02-Aug-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Anbukkumar Venkatesan Country flag representing In Nominee Director 06-Jun-2023Current
Honnalingappa Yalanadu Nominee Director 20-May-2024Current
Narashimhegowda Swamy Country flag representing In Nominee Director 09-Jun-2023Current

Financial Performance of Karnataka Agro Industries Corporation.

Karnataka Agro Industries Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.49% decrease. The company also saw a substantial fall in profitability, with a 20.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.01%.

Karnataka Agro Industries Corporation revenue growth over time
Karnataka Agro Industries Corporation 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
-4.49%
Revenue from Operations
Total Assets
-22.81%
Profit or Loss
-20.02%
Net Worth
-10.01%
EBITDA
-44.04%

What is the Ownership and Shareholding Structure of Karnataka Agro Industries Corporation?

In 2023, Karnataka Agro Industries Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Karnataka Agro Industries Corporation?

Karnataka Agro Industries Corporation has a workforce of 0 employees as of Oct 14, 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 Karnataka Agro Industries Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Agro Industries Corporation, 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 Karnataka Agro Industries Corporation'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 Karnataka Agro Industries Corporation

Recent activity within the organization

  • Director Appointment

    Devaraja Shivegowda Habakanahalli was appointed as a Managing Director was appointed as a Managing Director on 02 Aug 2024 & has been associated with this company since 9 months 12 days .

  • Director Appointment

    Honnalingappa Basavaraj Yalanadu was appointed as a Nominee Director was appointed as a Nominee Director on 20 May 2024 & has been associated with this company since 11 months 25 days .

  • Annual General Meeting

    Karnataka Agro Industries Corporation Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Director Appointment

    Narashimhegowda Cheluvaraya Swamy was appointed as a Nominee Director was appointed as a Nominee Director on 09 Jun 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Anbukkumar Venkatesan was appointed as a Nominee Director was appointed as a Nominee Director on 06 Jun 2023 & has been associated with this company since 1 year 11 months .

  • Balance Sheet

    Karnataka Agro Industries Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Karnataka Agro Industries Corporation Limited?

    Karnataka Agro Industries Corporation Limited was incorporated on 01 Sep 1967.

  • What is authorized share capital and paid-up capital of Karnataka Agro Industries Corporation Limited?

    The authorized share capital of Karnataka Agro Industries Corporation Limited is ₹ 24.00 Cr and paid-up capital is ₹ 7.54 Cr.

  • Who are the current board members & directors of Karnataka Agro Industries Corporation Limited?

    Currently 4 directors are associated with Karnataka Agro Industries Corporation Limited.

    • Anbukkumar Venkatesan
    • Honnalingappa Basavaraj Yalanadu
    • Devaraja Shivegowda Habakanahalli
    • Narashimhegowda Cheluvaraya Swamy
  • What is the registered address of Karnataka Agro Industries Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Agro Industries Corporation Limited is Agro Industriescorporation Limited Hebbal, -560 024. India, Bangalore, Karnataka, 560024.

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

    The corporate identification number (CIN) of Karnataka Agro Industries Corporation Limited is U00110KA1967SGC001691 and the company number is 001691 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Karnataka Agro Industries Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Agro Industries Corporation Limited has fallen by -4.49%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Agro Industries Corporation Limited has experienced an downturn of -10.01%.

  • When was the last Balance Sheet of Karnataka Agro Industries Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Karnataka Agro Industries Corporation Limited was filed with the ROC on 31 Mar 2023.

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