Karnataka Cashew Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.59 Cr
- Company Age 47 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- 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. 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 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.
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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
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 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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.Venkatesh Hubballi is a mutual person
Karnataka State Handicrafts Development Corporation LimitedPrabhash Ray is a mutual person
Cashew Export Promotion Council Of IndiaVenkatesh Hubballi is a mutual person
- Arichs Global Solutions Private Limited
Jayanna Katte is a mutual person
- Veefive Healthcare Private Limited
Jayanna Katte is a mutual person
- Karnataka State Forest Industries Corporation Limited
Prabhash Ray and Brijesh Dikshit are mutual person
Charges (Loans)
₹3.01 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 1988 | Karnataka State Cooperative Agriculature And Rural Development Bank Ltd | ₹1.69 Cr | Open |
| 06 Apr 1988 | Vijaya Bank | ₹6.56 M | Open |
| 30 Mar 1988 | Vysya Bank | ₹6.73 M | Open |
| 30 Sep 1989 | Syndicate Bank | ₹2.52 Cr | Satisfied |
| 31 Aug 1988 | Canara Bank | ₹9.97 M | Satisfied |
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.
