Karnataka Silk Industries Corporation Limited

Produces and sells a variety of silk products, including sarees, shirts, and ties.

1980 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Karnataka Silk Industries Corporation Profile

Key Indicators

  • Authorised Capital ₹ 59.00 Cr
  • Paid Up Capital ₹ 36.00 Cr
  • Company Age 44 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 25.48%
  • Profit Growth 40.79%
  • Ebitda 54.09%
  • Net Worth 13.85%
  • Total Assets 19.52%

About Karnataka Silk Industries Corporation

Karnataka Silk Industries Corporation Limited (KSICL) is a leading Public Limited State Government Company incorporated in India on 18 April 1980 and has a history of 44 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Fashion And Textile 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 59.00 Cr and a paid-up capital of Rs 36.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karnataka Silk Industries Corporation Limited India are Kallahalli Pradeep as CFO and Narayana Aithala as Company Secretary. Ahammed Shamla, Rajesh Bettaswamaiah, Mohammed Shariff, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01224KA1980SGC003802

  • Company No.

    003802

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    18 Apr 1980

  • Date of AGM

    28 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

Who are the key members and board of directors at Karnataka Silk Industries Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Kallahalli Pradeep CFO31-Jan-2024Current
Zehera Soherwardi Country flag representing In Managing Director17-Aug-2023Current
Narayana Aithala Company Secretary11-May-1981Current

Board Members (8)

NameDesignationAppointment DateStatus
Ahammed Shamla Country flag representing In Nominee Director 25-Jan-2024Current
Rajesh Bettaswamaiah Country flag representing In Nominee Director 04-Jan-2024Current
Mohammed Shariff Country flag representing In Nominee Director 29-Oct-2024Current
Nagaraju Chandrashekar Country flag representing In Nominee Director 28-Oct-2022Current
Chickamavathur Sreedhara Country flag representing In Nominee Director Current
Kaneez Fatima Country flag representing In Nominee Director 21-Mar-2024Current

Financial Performance of Karnataka Silk Industries Corporation.

Karnataka Silk Industries Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.48% increase. The company also saw a substantial improvement in profitability, with a 40.79% increase in profit. The company's net worth Soared by an impressive increase of 13.85%.

Graph illustrating revenue growth over time
Graph showing 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
25.48%
Revenue from Operations
25.25%
Total Assets
19.52%
Profit or Loss
40.79%
Net Worth
13.85%
EBITDA
54.09%

What is the Ownership and Shareholding Structure of Karnataka Silk Industries Corporation?

In 2023, Karnataka Silk Industries 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Karnataka Silk Industries Corporation?

Karnataka Silk Industries Corporation has a workforce of 198 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Silk Industries 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 Silk Industries 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 Silk Industries Corporation

Recent activity within the organization

  • Director Appointment

    Mohammed Ikramulla Shariff was appointed as a Nominee Director was appointed as a Nominee Director on 29 Oct 2024 & has been associated with this company since 3 months 3 days .

    29 Oct 2024

  • Director Appointment

    Krishnamurthy Jyothi was appointed as a Nominee Director was appointed as a Nominee Director on 29 Oct 2024 & has been associated with this company since 3 months 3 days .

    29 Oct 2024

  • Director Appointment

    Periyasamy Sivakumar was appointed as a Nominee Director was appointed as a Nominee Director on 10 Apr 2024 & has been associated with this company since 9 months 22 days .

    10 Apr 2024

  • Director Appointment

    Kaneez Fatima was appointed as a Nominee Director was appointed as a Nominee Director on 21 Mar 2024 & has been associated with this company since 10 months 11 days .

    21 Mar 2024

  • Director Appointment

    Kallahalli Shivalingaiah Pradeep was appointed as a Cfo was appointed as a Cfo on 31 Jan 2024 & has been associated with this company since 1 year .

    31 Jan 2024

  • Annual General Meeting

    Karnataka Silk Industries Corporation Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.

    28 Dec 2023

Frequently asked questions

  • Karnataka Silk Industries Corporation Limited was incorporated on 18 Apr 1980.

  • The authorized share capital of Karnataka Silk Industries Corporation Limited is ₹ 59.00 Cr and paid-up capital is ₹ 36.00 Cr.

  • Currently 11 directors are associated with Karnataka Silk Industries Corporation Limited.

    • Kallahalli Shivalingaiah Pradeep
    • Ahammed Shamla
    • Rajesh Gowda Malenalli Bettaswamaiah
    • Mohammed Ikramulla Shariff
    • Nagaraju Chandrashekar
    • Zehera Naseem Soherwardi
    • Chickamavathur Nanjundaiah Sreedhara
    • Kaneez Fatima
    • Periyasamy Sivakumar
    • Krishnamurthy Jyothi
    • Narayana Aithala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Silk Industries Corporation Limited is Iii Iv Floor Public Utilitybldg. M.G.Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka Silk Industries Corporation Limited is U01224KA1980SGC003802 and the company number is 003802 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Silk Industries Corporation Limited is https://www.ksicsilk.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Silk Industries Corporation Limited has risen by 25.48%.

  • As Per 2023 financial reports, 198 employees are currently employed by Karnataka Silk Industries Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Silk Industries Corporation Limited has experienced an upsurge of 13.85%.

  • The most recent Balance Sheet for Karnataka Silk Industries Corporation Limited was filed with the ROC on 31 Mar 2023.

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