Karnataka State Handicrafts Development Corporation Limited logo

Karnataka State Handicrafts Development Corporation Limited

Preserves, develops, and promotes traditional handicrafts made by thousands of artisans in Karnataka.
1964 | Bangaluru, Karnataka (India) | Active

Last Updated:

October 22, 2024
HomeCompanyKarnataka State Handicrafts Development Corporation Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Gurusharanaiah Viswanatha InManaging DirectorCurrent

Board Members(6)

NameDesignationAppointment DateStatus
Vipul Bansal In Nominee Director 15-Aug-2024Current
Lakshman Athukuri In Nominee Director 18-Sep-2024Current
Basavaraju Krishna In Nominee Director 15-Aug-2024Current
Nitesh Patil In Nominee Director 14-Aug-2024Current
Prabhash Ray In Nominee Director 23-Jul-2024Current
Muniyappa Roopakala In Nominee Director 01-Mar-2024Current

Financial Performance and Corporate Structure Insights of Karnataka State Handicrafts Development Corporation.

Karnataka State Handicrafts Development Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.27% decrease. The company also saw a substantial improvement in profitability, with a 93.66% increase in profit. The company's net worth moved up by a moderate rise of 2.11%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-41.27%
Revenue from Operations
-48.83%
Total Assets
7.24%
Profit or Loss
93.66%
Net Worth
2.11%
EBITDA
-201.66%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹0.95 Cr

LenderAmountStatus

Canara Bank

Creation Date: 27 Sep 1993
₹9.50 MSatisfied

How Many Employees Work at Karnataka State Handicrafts Development Corporation?

Karnataka State Handicrafts Development Corporation has a workforce of 58 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.

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Latest Updates, News, and FAQs on Karnataka State Handicrafts Development Corporation

Recent activity within the organization

  • Director Appointment

    Lakshman Rao Athukuri was appointed as a Nominee Director was appointed as a Nominee Director on 18 Sep 2024 & has been associated with this company since 3 months 1 day .

    18 Sep 2024

  • Director Appointment

    Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 15 Aug 2024 & has been associated with this company since 4 months 5 days .

    15 Aug 2024

  • Director Appointment

    Basavaraju Gopal Krishna was appointed as a Nominee Director was appointed as a Nominee Director on 15 Aug 2024 & has been associated with this company since 4 months 5 days .

    15 Aug 2024

  • Director Appointment

    Nitesh Patil was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2024 & has been associated with this company since 4 months 6 days .

    14 Aug 2024

  • Director Appointment

    Prabhash Chandra Ray was appointed as a Nominee Director was appointed as a Nominee Director on 23 Jul 2024 & has been associated with this company since 4 months 28 days .

    23 Jul 2024

  • Annual General Meeting

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

    24 Jun 2024

Frequently asked questions

  • Karnataka State Handicrafts Development Corporation Limited was incorporated on 17 Mar 1964.

  • The authorized share capital of Karnataka State Handicrafts Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.02 Cr.

  • Currently 7 directors are associated with Karnataka State Handicrafts Development Corporation Limited.

    • Vipul Bansal
    • Lakshman Rao Athukuri
    • Gurusharanaiah Viswanatha
    • Basavaraju Gopal Krishna
    • Nitesh Patil
    • Prabhash Chandra Ray
    • Muniyappa Roopakala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Handicrafts Development Corporation Limited is 45, Mahatma Gandhi Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka State Handicrafts Development Corporation Limited is U75112KA1964SGC001526 and the company number is 001526 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka State Handicrafts Development Corporation Limited is https://www.cauverycrafts.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Karnataka State Handicrafts Development Corporation Limited has fallen by -41.27%.

  • As Per 2021 financial reports, 58 employees are currently employed by Karnataka State Handicrafts Development Corporation Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Karnataka State Handicrafts Development Corporation Limited has experienced an upsurge of 2.11%.

  • The most recent Balance Sheet for Karnataka State Handicrafts Development Corporation Limited was filed with the ROC on 31 Mar 2021.

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