Karthik Inductions Limited

This company manufactures and trades MS ingots and other metals, part of Karthik Group.

1994 | Goa, Goa (India) | Active
Last Updated: June 17, 2024

Karthik Inductions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.90 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.80 Cr
  • Revenue Growth 24.83%
  • Profit Growth 41.71%
  • Ebitda 47.61%
  • Net Worth -36.31%
  • Total Assets -10.49%

About Karthik Inductions

Karthik Inductions Limited (KIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 October 1994 and has a history of 30 years and three months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Metals And Minerals 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 3.00 Cr and a paid-up capital of Rs 2.90 Cr.

The company currently has active open charges totaling ₹28.80 Cr.

Bhupal Shivakumar, Raghavendra Bhupal, and Srikanth Bhupal serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27108GA1994PLC001666

  • Company No.

    001666

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Bhupal Shivakumar Country flag representing In Director 27-Nov-2020 Current
Raghavendra Bhupal Country flag representing In Director 06-Oct-1994 Current
Srikanth Bhupal Country flag representing In Director 19-Oct-2012 Current

Financial Performance of Karthik Inductions.

Karthik Inductions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.83% increase. The company also saw a substantial improvement in profitability, with a 41.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.31%.

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
24.83%
Revenue from Operations
25.20%
Total Assets
-10.49%
Profit or Loss
41.71%
Net Worth
-36.31%
EBITDA
47.61%

What is the Ownership and Shareholding Structure of Karthik Inductions?

In 2023, Karthik Inductions had a promoter holding of 92.62% and a public holding of 7.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.90 Cr
  • State Bank Of Mysore : 3.90 Cr

Latest Charge Details

Date Lender Amount Status
28 Jul 2014 State Bank Of India ₹1.65 Cr Open
04 Mar 1997 State Bank Of India ₹23.25 Cr Open
14 Jul 1995 State Bank Of Mysore ₹3.90 Cr Open

How Many Employees Work at Karthik Inductions?

Karthik Inductions has a workforce of 152 employees as of Apr 05, 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 Inductions, 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 Inductions'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 Inductions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Karthik Inductions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 23.25 Cr registered on 04 Mar 1997 with Charge ID 90075711 was modified on 22 Dec 2020.

    22 Dec 2020

  • Director Appointment

    Bhupal Shivakumar was appointed as a Director was appointed as a Director on 27 Nov 2020 & has been associated with this company since 4 years 2 months .

    27 Nov 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.65 Cr with Charge ID 10515121 was registered on 28 Jul 2014.

    28 Jul 2014

  • Director Appointment

    Srikanth Raghavendra Bhupal was appointed as a Director was appointed as a Director on 19 Oct 2012 & has been associated with this company since 12 years 3 months .

    19 Oct 2012

Frequently asked questions

  • Karthik Inductions Limited was incorporated on 06 Oct 1994.

  • The authorized share capital of Karthik Inductions Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.90 Cr.

  • Currently 3 directors are associated with Karthik Inductions Limited.

    • Bhupal Shivakumar
    • Raghavendra Bhupal
    • Srikanth Raghavendra Bhupal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karthik Inductions Limited is Plot No.120-121 KundaimIndustrial Estate Kundaim, Goa, India, 403115.

  • The corporate identification number (CIN) of Karthik Inductions Limited is U27108GA1994PLC001666 and the company number is 001666 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karthik Inductions Limited is https://www.karthikgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karthik Inductions Limited has risen by 24.83%.

  • As Per 2023 financial reports, 152 employees are currently employed by Karthik Inductions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karthik Inductions Limited has experienced an downturn of -36.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karthik Inductions Limited amount to ₹ 28.80 Cr.

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

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