Karnataka Cashew Development Corporation Limited

Engaged in cashew plantation development and maintenance, with permanent and temporary nurseries for grafts.

1978 | Dakshina Kannada, Karnataka (India) | Active
Last Updated:

Karnataka Cashew Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.59 Cr
  • Company Age 47 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.01 Cr
  • Satisfied Charges ₹ 4.20 Cr
  • Revenue Growth -20.88%
  • Profit Growth 119.97%
  • Ebitda 38.04%
  • Net Worth 13.15%
  • Total Assets 0.52%

About Karnataka Cashew Development Corporation

Karnataka Cashew Development Corporation Limited (KCDCL) is a leading Public Limited State Government Company incorporated in India on 14 February 1978 and has a history of 47 years and one month. Its registered office is in Dakshina Kannada, Karnataka, India.

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 10.00 Cr and a paid-up capital of Rs 7.59 Cr.

The company currently has active open charges totaling ₹3.01 Cr. The company has closed loans amounting to ₹4.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Adiveppa Aparna, Chandrashekar Sunil, Kamala Kumarasamy, and Six other members serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01133KA1978SGC003280

  • Company No.

    003280

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    14 Feb 1978

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Karnataka Cashew Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Kamala Kumarasamy Country flag representing In Managing Director01-Aug-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Adiveppa Aparna Country flag representing In Director 16-Nov-2024Current
Chandrashekar Sunil Nominee Director 01-Sep-2021Current
Dharmakki Gatty Nominee Director 01-Mar-2024Current
Brijesh Dikshit Country flag representing In Nominee Director 07-Jan-2022Current
Prabhash Ray Country flag representing In Nominee Director 07-Jan-2022Current
Naveen Patle Country flag representing In Nominee Director 25-Sep-2017Current

Financial Performance of Karnataka Cashew Development Corporation.

Karnataka Cashew Development Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.88% decrease. The company also saw a substantial improvement in profitability, with a 119.97% increase in profit. The company's net worth Soared by an impressive increase of 13.15%.

Karnataka Cashew Development Corporation revenue growth over time
Karnataka Cashew Development 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
-20.88%
Revenue from Operations
-20.52%
Total Assets
0.52%
Profit or Loss
119.97%
Net Worth
13.15%
EBITDA
38.04%

What is the Ownership and Shareholding Structure of Karnataka Cashew Development Corporation?

In 2023, Karnataka Cashew Development 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)

Open Charges

₹3.01 Cr

Satisfied Charges

₹4.20 Cr

Charges Breakdown by Lending Institutions

  • Karnataka State Cooperative Agriculature And Rural Development Bank Ltd : 1.69 Cr
  • Vysya Bank : 0.67 Cr
  • Vijaya Bank : 0.66 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 1988Karnataka State Cooperative Agriculature And Rural Development Bank Ltd₹1.69 CrOpen
06 Apr 1988Vijaya Bank₹6.56 MOpen
30 Mar 1988Vysya Bank₹6.73 MOpen
30 Sep 1989Syndicate Bank₹2.52 CrSatisfied
31 Aug 1988Canara Bank₹9.97 MSatisfied

How Many Employees Work at Karnataka Cashew Development Corporation?

Karnataka Cashew Development Corporation has a workforce of 36 employees as of Sep 26, 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 Cashew Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Cashew Development 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 Cashew Development 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 Cashew Development Corporation

Recent activity within the organization

  • Director Appointment

    Adiveppa Pavate Aparna was appointed as a Director was appointed as a Director on 16 Nov 2024 & has been associated with this company since 4 months 11 days .

  • Annual General Meeting

    Karnataka Cashew Development Corporation Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Karnataka Cashew Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Dharmakki Mamathasadashiva Gatty was appointed as a Nominee Director was appointed as a Nominee Director on 01 Mar 2024 & has been associated with this company since 1 year 26 days .

  • Charges

    A charge registered on 30 Mar 1988 via Charge ID 80014485 with Corporation Bank was fully satisfied on 09 Oct 2023.

  • Charges

    A charge registered on 31 Aug 1988 via Charge ID 80014487 with Canara Bank was fully satisfied on 06 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Karnataka Cashew Development Corporation Limited?

    Karnataka Cashew Development Corporation Limited was incorporated on 14 Feb 1978.

  • What is authorized share capital and paid-up capital of Karnataka Cashew Development Corporation Limited?

    The authorized share capital of Karnataka Cashew Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.59 Cr.

  • Who are the current board members & directors of Karnataka Cashew Development Corporation Limited?

    Currently 9 directors are associated with Karnataka Cashew Development Corporation Limited.

    • Adiveppa Pavate Aparna
    • Chandrashekar Sunil
    • Kamala Kumarasamy
    • Dharmakki Mamathasadashiva Gatty
    • Brijesh Kumar Dikshit
    • Prabhash Chandra Ray
    • Naveen Kumar Patle
    • Jayanna Avinash Tyagada Katte
    • Venkatesh Nagappa Hubballi

  • What is the registered address of Karnataka Cashew Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Cashew Development Corporation Limited is 23 24 Abbakkanagar Ist Main Kottara, India, Mangalore, Karnataka, 575006.

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

    The corporate identification number (CIN) of Karnataka Cashew Development Corporation Limited is U01133KA1978SGC003280 and the company number is 003280 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karnataka Cashew Development Corporation Limited?

    The Official website of Karnataka Cashew Development Corporation Limited is https://www.kcdccashew.com

  • What has been the recent revenue trend for Karnataka Cashew Development Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Cashew Development Corporation Limited has fallen by -20.88%.

  • How many employees does Karnataka Cashew Development Corporation Limited currently have?

    As Per 2023 financial reports, 36 employees are currently employed by Karnataka Cashew Development Corporation Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Cashew Development Corporation Limited has experienced an upsurge of 13.15%.

  • What are the total open charges for Karnataka Cashew Development Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Karnataka Cashew Development Corporation Limited amount to ₹ 3.01 Cr.

  • When was the last Balance Sheet of Karnataka Cashew Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Karnataka Cashew Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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