Karnataka Road Development Corporation Limited

Infrastructure construction and maintenance services, including roads, bridges, and highways.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated:

Karnataka Road Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 510.00 Cr
  • Paid Up Capital ₹ 310.00 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,279.00 Cr
  • Revenue Growth -0.25%
  • Profit Growth -47.25%
  • Ebitda -5.09%
  • Net Worth 1.03%
  • Total Assets 41.02%

About Karnataka Road Development Corporation

Karnataka Road Development Corporation Limited (KRDCL) is a leading Public Limited State Government Company incorporated in India on 21 July 1999 and has a history of 25 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Infrastructure And Utilities 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 510.00 Cr and a paid-up capital of Rs 310.00 Cr.

The company currently has active open charges totaling ₹1,279.00 Cr.

The Key Managerial Personnel (KMP) at Karnataka Road Development Corporation Limited India are Jantakahalli Shivaprakash as COMPANY SECRETARY and Javare Chaitra as Cfo. Manjula Narayanappanaik, Shankaragouda Patil, Sathyanarayana Chikkanayakanahalli, and Five other members 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

    U45209KA1999SGC025497

  • Company No.

    025497

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    21 Jul 1999

  • Date of AGM

    24 Dec 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

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

Executive Team (3)

NameDesignationAppointment DateStatus
Jantakahalli Shivaprakash Company Secretary01-Jun-2020Current
Lingamurthy Gonal Country flag representing In Managing Director19-Jun-2023Current
Javare Chaitra CFO04-Mar-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Manjula Narayanappanaik Country flag representing In Nominee Director 09-Nov-2023Current
Shankaragouda Patil Country flag representing In Nominee Director 08-Aug-2023Current
Sathyanarayana Chikkanayakanahalli Country flag representing In Nominee Director 31-May-2023Current
Reju Thankachan Country flag representing In Nominee Director 23-Aug-2023Current
Gurudatta Suryanarayanarao Country flag representing In Nominee Director 06-May-2024Current
Ramakrishna Jaiprasad Country flag representing In Nominee Director 22-Sep-2008Current

Financial Performance of Karnataka Road Development Corporation.

Karnataka Road Development Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.25% decrease. The company also saw a substantial fall in profitability, with a 47.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.

Karnataka Road Development Corporation revenue growth over time
Karnataka Road 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
-0.25%
Revenue from Operations
1.59%
Total Assets
41.02%
Profit or Loss
-47.25%
Net Worth
1.03%
EBITDA
-5.09%

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

In 2023, Karnataka Road Development Corporation had a promoter holding of 83.87% and a public holding of 16.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,279.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 700.00 Cr
  • Others : 347.00 Cr
  • Vijaya Bank : 232.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2024Others₹347.00 CrOpen
24 Mar 2022Canara Bank₹350.00 CrOpen
20 Dec 2021Canara Bank₹350.00 CrOpen
24 Apr 2017Vijaya Bank₹232.00 CrOpen

How Many Employees Work at Karnataka Road Development Corporation?

Karnataka Road Development Corporation has a workforce of 22 employees as of Apr 04, 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 Road Development Corporation Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Karnataka Road Development Corporation Limited last Annual general meeting of members was held on 24 Dec 2024 as per latest MCA records.

  • Director Appointment

    Gurudatta Suryanarayanarao was appointed as a Nominee Director was appointed as a Nominee Director on 06 May 2024 & has been associated with this company since 10 months 24 days .

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 347.00 Cr with Charge ID 100881550 was registered on 16 Mar 2024.

  • Director Appointment

    Javare Gowda Chaitra was appointed as a Cfo was appointed as a Cfo on 04 Mar 2024 & has been associated with this company since 1 year 26 days .

  • Director Appointment

    Manjula Narayanappanaik was appointed as a Nominee Director was appointed as a Nominee Director on 09 Nov 2023 & has been associated with this company since 1 year 4 months .

Frequently asked questions

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

    Karnataka Road Development Corporation Limited was incorporated on 21 Jul 1999.

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

    The authorized share capital of Karnataka Road Development Corporation Limited is ₹ 510.00 Cr and paid-up capital is ₹ 310.00 Cr.

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

    Currently 10 directors are associated with Karnataka Road Development Corporation Limited.

    • Manjula Narayanappanaik
    • Shankaragouda Fakkeeragouda Patil
    • Sathyanarayana Chikkanayakanahalli
    • Jantakahalli Vishwanath Shivaprakash
    • Reju Murickummoodu Thankachan
    • Lingamurthy Gonal
    • Gurudatta Suryanarayanarao
    • Ramakrishna Jaiprasad
    • Selvakumar Seerangarayan
    • Javare Gowda Chaitra

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Road Development Corporation Limited is Samparka Soudha Sy. No. 8 Bep Premises Dr. Rajkumar Road, Rajajinagar 1St Block India, Bangalore, Karnataka, 560010.

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

    The corporate identification number (CIN) of Karnataka Road Development Corporation Limited is U45209KA1999SGC025497 and the company number is 025497 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Karnataka Road Development Corporation Limited is https://www.krdcl.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Road Development Corporation Limited has fallen by -0.25%.

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

    As Per 2023 financial reports, 22 employees are currently employed by Karnataka Road Development Corporation Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Road Development Corporation Limited has experienced an upsurge of 1.03%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Karnataka Road Development Corporation Limited amount to ₹ 1,279.00 Cr.

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

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

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