Karnataka State Coir Development Corporation Limited

Established in 1985 by Karnataka government to develop coir-based industries and empower rural women.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Karnataka State Coir Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3.05 Cr
  • Paid Up Capital ₹ 3.01 Cr
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 5.67%
  • Profit Growth 78.75%
  • Ebitda 26.47%
  • Net Worth -9.94%
  • Total Assets -3.66%

About Karnataka State Coir Development Corporation

Karnataka State Coir Development Corporation Limited (KSCDCL) is a leading Public Limited State Government Company incorporated in India on 28 February 1985 and has a history of 39 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Goods 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 3.05 Cr and a paid-up capital of Rs 3.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharanabasappa Patil, Vhalbasappa Honmane, Khazi Irfan, and Three 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

    U85110KA1985SGC006743

  • Company No.

    006743

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    28 Feb 1985

  • Date of AGM

    09 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

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

Executive Team (1)

Name Designation Appointment Date Status
Khazi Irfan Country flag representing In Managing Director 20-Aug-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Sharanabasappa Patil Country flag representing In Nominee Director 13-Jun-2023 Current
Vhalbasappa Honmane Country flag representing In Nominee Director 06-Sep-2023 Current
Chikkasubbanna Hemalatha Country flag representing In Nominee Director 24-Sep-2019 Current
Hatrabailu Shobha Country flag representing In Nominee Director 29-Apr-2015 Current
Jaykumar Shivaramu Country flag representing In Nominee Director 29-Jan-2020 Current

Financial Performance of Karnataka State Coir Development Corporation.

Karnataka State Coir Development Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.67% increase. The company also saw a substantial improvement in profitability, with a 78.75% increase in profit. The company's net worth dipped by a decrease of 9.94%.

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
5.67%
Revenue from Operations
13.25%
Total Assets
-3.66%
Profit or Loss
78.75%
Net Worth
-9.94%
EBITDA
26.47%

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

In 2023, Karnataka State Coir 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.

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 State Coir Development Corporation?

Karnataka State Coir Development Corporation has a workforce of 55 employees as of Oct 22, 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 State Coir 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 State Coir 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 State Coir Development Corporation

Recent activity within the organization

  • Director Appointment

    Khazi Mohammed Irfan was appointed as a Managing Director was appointed as a Managing Director on 20 Aug 2024 & has been associated with this company since 5 months 13 days .

    20 Aug 2024

  • Annual General Meeting

    Karnataka State Coir Development Corporation Limited last Annual general meeting of members was held on 09 Nov 2023 as per latest MCA records.

    09 Nov 2023

  • Director Appointment

    Sharanabasappa Bapugowda Sharanabasappa Patil was appointed as a Nominee Director was appointed as a Nominee Director on 13 Jun 2023 & has been associated with this company since 1 year 7 months .

    13 Jun 2023

  • Balance Sheet

    Karnataka State Coir Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Jaykumar Hosuru Shivaramu was appointed as a Nominee Director was appointed as a Nominee Director on 29 Jan 2020 & has been associated with this company since 5 years 3 days .

    29 Jan 2020

  • Director Appointment

    Chikkasubbanna Hemalatha was appointed as a Nominee Director was appointed as a Nominee Director on 24 Sep 2019 & has been associated with this company since 5 years 4 months .

    24 Sep 2019

Frequently asked questions

  • Karnataka State Coir Development Corporation Limited was incorporated on 28 Feb 1985.

  • The authorized share capital of Karnataka State Coir Development Corporation Limited is ₹ 3.05 Cr and paid-up capital is ₹ 3.01 Cr.

  • Currently 6 directors are associated with Karnataka State Coir Development Corporation Limited.

    • Sharanabasappa Bapugowda Sharanabasappa Patil
    • Vhalbasappa S Honmane
    • Khazi Mohammed Irfan
    • Chikkasubbanna Hemalatha
    • Hatrabailu Anantha Krishna Shobha
    • Jaykumar Hosuru Shivaramu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Coir Development Corporation Limited is Sf-4 Sf-5 Sterling Towers (Garment Complex) Kssidc Industrial Estate, Rajajinagar India, Bangalore, Karnataka, 560010.

  • The corporate identification number (CIN) of Karnataka State Coir Development Corporation Limited is U85110KA1985SGC006743 and the company number is 006743 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka State Coir Development Corporation Limited is https://www.karnatakacoir.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka State Coir Development Corporation Limited has risen by 5.67%.

  • As Per 2023 financial reports, 55 employees are currently employed by Karnataka State Coir Development Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka State Coir Development Corporation Limited has experienced an downturn of -9.94%.

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

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