Karnataka Food And Civil Supplies Corporation Limited

Procures, distributes, and implements government food schemes in Karnataka.

1973 | Bangalore, Karnataka (India) | Active
Last Updated:

Karnataka Food And Civil Supplies Corporation Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 51 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1,918.50 Cr
  • Revenue Growth 31.83%
  • Profit Growth 143.16%
  • Ebitda 100.10%
  • Net Worth 60.03%
  • Total Assets 64.27%

About Karnataka Food And Civil Supplies Corporation

Karnataka Food And Civil Supplies Corporation Limited (KFACSCL) was founded in India on 07 September 1973 and has a glorious history of 51 years and six months. Its registered office is in Bangalore, Karnataka.

The Company is engaged in the Food And Beverages 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 6.00 Cr and a paid-up capital of Rs 3.25 Cr.

The company has closed loans amounting to ₹1,918.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Srinivasulu, Mindigal Chandrakanth, Prasanna Kanakeri, and Two other members serve as directors at the Company.

Company Details

  • Location Bangalore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U51220KA1973SGC002400

  • Company No.

    002400

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    07 Sep 1973

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

Who are the key members and board of directors at Karnataka Food And Civil Supplies Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivasulu Country flag representing In Managing Director08-Sep-2023Current
Mindigal Chandrakanth Country flag representing In Managing Director17-Jan-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Prasanna Kanakeri Country flag representing In Nominee Director 05-Aug-2023Current
Basavaraju Krishna Country flag representing In Nominee Director 11-Sep-2024Current
Mohammed Shariff Country flag representing In Nominee Director 14-Jun-2022Current

Financial Performance of Karnataka Food And Civil Supplies Corporation.

Karnataka Food And Civil Supplies Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.83% increase. The company also saw a substantial improvement in profitability, with a 143.16% increase in profit. The company's net worth Soared by an impressive increase of 60.03%.

Karnataka Food And Civil Supplies Corporation revenue growth over time
Karnataka Food And Civil Supplies 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
31.83%
Revenue from Operations
31.94%
Total Assets
64.27%
Profit or Loss
143.16%
Net Worth
60.03%
EBITDA
100.10%

What is the Ownership and Shareholding Structure of Karnataka Food And Civil Supplies Corporation?

In 2022, Karnataka Food And Civil Supplies 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

₹0

Satisfied Charges

₹1,918.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 550.00 Cr
  • Canara Bank : 415.00 Cr
  • Icici Bank Limited : 400.00 Cr
  • Allahabad Bank : 250.00 Cr
  • Karnataka State Cooperative Apex Bank Limited : 200.00 Cr
  • Others : 103.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2017Canara Bank₹300.00 CrSatisfied
04 Jun 2016Canara Bank₹115.00 CrSatisfied
26 Apr 2014Andhra Bank₹100.00 CrSatisfied
15 Mar 2014Karnataka State Cooperative Apex Bank Limited₹200.00 CrSatisfied
13 Mar 2014Indian Bank₹300.00 CrSatisfied

How Many Employees Work at Karnataka Food And Civil Supplies Corporation?

Karnataka Food And Civil Supplies Corporation has a workforce of 384 employees as of Apr 05, 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 Food And Civil Supplies Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Food And Civil Supplies 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 Food And Civil Supplies 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 Food And Civil Supplies Corporation

Recent activity within the organization

  • Director Appointment

    Basavaraju Gopal Krishna was appointed as a Nominee Director was appointed as a Nominee Director on 11 Sep 2024 & has been associated with this company since 6 months 18 days .

  • Director Appointment

    Mindigal Venkatashami Chandrakanth was appointed as a Managing Director was appointed as a Managing Director on 17 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge registered on 13 Mar 2014 via Charge ID 10506344 with Indian Bank was fully satisfied on 03 Jan 2024.

  • Annual General Meeting

    Karnataka Food And Civil Supplies Corporation Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

  • Director Appointment

    Srinivasulu was appointed as a Managing Director was appointed as a Managing Director on 08 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Prasanna Kumar Veerabhadrappa Kanakeri was appointed as a Nominee Director was appointed as a Nominee Director on 05 Aug 2023 & has been associated with this company since 1 year 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Karnataka Food And Civil Supplies Corporation Limited?

    Karnataka Food And Civil Supplies Corporation Limited was incorporated on 07 Sep 1973.

  • What is authorized share capital and paid-up capital of Karnataka Food And Civil Supplies Corporation Limited?

    The authorized share capital of Karnataka Food And Civil Supplies Corporation Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.25 Cr.

  • Who are the current board members & directors of Karnataka Food And Civil Supplies Corporation Limited?

    Currently 5 directors are associated with Karnataka Food And Civil Supplies Corporation Limited.

    • Srinivasulu
    • Mindigal Venkatashami Chandrakanth
    • Prasanna Kumar Veerabhadrappa Kanakeri
    • Basavaraju Gopal Krishna
    • Mohammed Ikramulla Shariff

  • What is the registered address of Karnataka Food And Civil Supplies Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Food And Civil Supplies Corporation Limited is 16/I Millers Tank Bed Area, India, Bangalore, Karnataka, 560052.

  • What is the corporate identification number (CIN) and company number of Karnataka Food And Civil Supplies Corporation Limited?

    The corporate identification number (CIN) of Karnataka Food And Civil Supplies Corporation Limited is U51220KA1973SGC002400 and the company number is 002400 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karnataka Food And Civil Supplies Corporation Limited?

    The Official website of Karnataka Food And Civil Supplies Corporation Limited is https://www.kfcsc.karnataka.gov.in

  • What has been the recent revenue trend for Karnataka Food And Civil Supplies Corporation Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Karnataka Food And Civil Supplies Corporation Limited has risen by 31.83%.

  • How many employees does Karnataka Food And Civil Supplies Corporation Limited currently have?

    As Per 2022 financial reports, 384 employees are currently employed by Karnataka Food And Civil Supplies Corporation Limited.

  • What change has been observed in the net worth of Karnataka Food And Civil Supplies Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Karnataka Food And Civil Supplies Corporation Limited has experienced an upsurge of 60.03%.

  • When was the last Balance Sheet of Karnataka Food And Civil Supplies Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Karnataka Food And Civil Supplies Corporation Limited was filed with the ROC on 31 Mar 2023.

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