Karthik Agro Industries Private Limited

Manufacturer of ENA and RS from molasses and grains, supplying to distilleries in South India.

2007 | Bagalkot, Karnataka (India) | Active
Last Updated: November 16, 2024

Karthik Agro Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 32.94 Cr
  • Company Age 18 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 230.00 Cr
  • Satisfied Charges ₹ 46.78 Cr
  • Revenue Growth 14.80%
  • Profit Growth 58.03%
  • Ebitda -15.55%
  • Net Worth 407.45%
  • Total Assets 117.37%

About Karthik Agro Industries

Karthik Agro Industries Private Limited (KAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 January 2007 and has a history of 18 years. Its registered office is in Bagalkot, Karnataka, India.

The Corporate was formerly known as Karthik Glucons Private Limited. 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 50.00 Cr and a paid-up capital of Rs 32.94 Cr.

The company currently has active open charges totaling ₹230.00 Cr. The company has closed loans amounting to ₹46.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vandana Mashyal and Lingaraj Mashyal serve as directors at the Company.

Company Details

  • Location

    Bagalkot, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15323KA2007PTC041485

  • Company No.

    041485

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

What products or services does Karthik Agro Industries Private Limited offer?

Karthik Agro Industries Private Limited offers a wide range of products and services, including Alcohol Solvents, Rectified Spirit.

Who are the key members and board of directors at Karthik Agro Industries?

Board Members (2)

Name Designation Appointment Date Status
Vandana Mashyal Country flag representing In Director 15-Jan-2007 Current
Lingaraj Mashyal Country flag representing In Director 15-Jan-2007 Current

Financial Performance of Karthik Agro Industries.

Karthik Agro Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.8% increase. The company also saw a substantial improvement in profitability, with a 58.03% increase in profit. The company's net worth Soared by an impressive increase of 407.45%.

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
14.80%
Revenue from Operations
14.74%
Total Assets
117.37%
Profit or Loss
58.03%
Net Worth
407.45%
EBITDA
-15.55%

What is the Ownership and Shareholding Structure of Karthik Agro Industries?

In 2023, Karthik Agro Industries had a promoter holding of 57.46% and a public holding of 42.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹230.00 Cr

Satisfied Charges

₹46.78 Cr

Charges Breakdown by Lending Institutions

  • Others : 230.00 Cr

Latest Charge Details

Date Lender Amount Status
02 May 2024 Others ₹50.00 Cr Open
24 Aug 2023 Others ₹50.00 Cr Open
17 Mar 2023 Others ₹50.00 Cr Open
18 Mar 2022 Others ₹80.00 Cr Open
10 Jan 2012 Karnataka Bank Ltd ₹2.83 Cr Satisfied

How Many Employees Work at Karthik Agro Industries?

Karthik Agro Industries has a workforce of 224 employees as of Apr 09, 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 Karthik Agro Industries, 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 Karthik Agro Industries'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 Karthik Agro Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100917060 was registered on 02 May 2024.

    02 May 2024

  • Annual General Meeting

    Karthik Agro Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100779192 was registered on 24 Aug 2023.

    24 Aug 2023

  • Balance Sheet

    Karthik Agro Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100689130 was registered on 17 Mar 2023.

    17 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 80.00 Cr with Charge ID 100551808 was registered on 18 Mar 2022.

    18 Mar 2022

Frequently asked questions

  • Karthik Agro Industries Private Limited was incorporated on 15 Jan 2007.

  • The authorized share capital of Karthik Agro Industries Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 32.94 Cr.

  • Currently 2 directors are associated with Karthik Agro Industries Private Limited.

    • Vandana Mashyal
    • Lingaraj Huchappa Mashyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karthik Agro Industries Private Limited is Sy No 92 Hoolagere Village Near Iocl Petroleum Hubli Bijapur Highwa Y Badami India, Bagalkot, Karnataka, 587206.

  • The corporate identification number (CIN) of Karthik Agro Industries Private Limited is U15323KA2007PTC041485 and the company number is 041485 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karthik Agro Industries Private Limited is https://www.karthikagro.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karthik Agro Industries Private Limited has risen by 14.80%.

  • As Per 2023 financial reports, 224 employees are currently employed by Karthik Agro Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karthik Agro Industries Private Limited has experienced an upsurge of 407.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karthik Agro Industries Private Limited amount to ₹ 230.00 Cr.

  • The most recent Balance Sheet for Karthik Agro Industries Private Limited was filed with the ROC on 31 Mar 2023.

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