Karnataka Cashew Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 7.59 Cr
as on 23-10-2024
- Company Age 46 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.01 Cr
as on 23-10-2024
- Satisfied Charges ₹ 4.20 Cr
as on 23-10-2024
- Revenue -20.88%
(FY 2023)
- Profit 119.97%
(FY 2023)
- Ebitda 38.04%
(FY 2023)
- Net Worth 13.15%
(FY 2023)
- Total Assets 0.52%
(FY 2023)
About Karnataka Cashew Development Corporation
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 2023. 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.
Venkatesh Hubballi, Jayanna Katte, Naveen Patle, and Five other members serve as directors at the Company.
- CIN/LLPIN
U01133KA1978SGC003280
- Company No.
003280
- Company Classification
Public Limited State Government Company
- Incorporation Date
14 Feb 1978
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dakshina Kannada, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Karnataka Cashew Development Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamala Kumarasamy  | Managing Director | 01-Aug-2023 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatesh Hubballi | Director | 21-Jun-2006 | Current |
| Jayanna Katte | Nominee Director | 25-Feb-2015 | Current |
| Naveen Patle | Nominee Director | 25-Sep-2017 | Current |
| Prabhash Ray | Nominee Director | 26-Aug-2024 | Current |
| Brijesh Dikshit | Nominee Director | 26-Aug-2024 | Current |
| Chandrashekar Sunil | Nominee Director | 14-Aug-2024 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Odisha State Cashew Development Corporation Limited.Active 45 years 8 monthsVenkatesh Hubballi is a mutual person
Karnataka State Handicrafts Development Corporation LimitedActive 60 years 9 monthsPrabhash Ray is a mutual person
Cashew Export Promotion Council Of IndiaActive 69 years 2 monthsVenkatesh Hubballi is a mutual person
- Karnataka State Forest Industries Corporation LimitedActive 51 years 8 months
Prabhash Ray and Brijesh Dikshit are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka State Cooperative Agriculature And Rural Development Bank Ltd Creation Date: 26 Jul 1988 | ₹1.69 Cr | Open |
Vijaya Bank Creation Date: 06 Apr 1988 | ₹6.56 M | Open |
Vysya Bank Creation Date: 30 Mar 1988 | ₹6.73 M | Open |
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.
Deals i
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
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
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.
