Kerala Balers Private Ltd

Manufactures coir mats and deals in coir yarn, fiber, and other yarns and fibers.

1948 | Alappuzha, Kerala (India) | Active
Last Updated: January 30, 2025

Kerala Balers Profile

Key Indicators

  • Authorised Capital ₹ 0.75 M
  • Paid Up Capital ₹ 0.62 M
  • Company Age 76 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.65 Cr
  • Satisfied Charges ₹ 1.45 M
  • Revenue Growth -13.44%
  • Profit Growth 128.30%
  • Ebitda 374.82%
  • Net Worth 12.06%
  • Total Assets 6.41%

About Kerala Balers

Kerala Balers Private Ltd (KBPL) was founded in India on 31 March 1948 and has a glorious history of 76 years and ten months. Its registered office is in Alappuzha, Kerala, India.

The Corporate was formerly known as Kerala Balers Ltd. 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 0.75 M and a paid-up capital of Rs 0.62 M.

The company currently has active open charges totaling ₹27.65 Cr. The company has closed loans amounting to ₹1.45 M, as per Ministry of Corporate Affairs (MCA) records.

Vivek Venugopal, Ashok Venugopal, Subhadra Revi, and One other member serve as directors at the Company.

Company Details

  • Location

    Alappuzha, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    karan-group.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51494KL1948PTC000582

  • Company No.

    000582

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1948

  • Date of AGM

    20 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Goods

Who are the key members and board of directors at Kerala Balers?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Venugopal Country flag representing In Managing Director21-Nov-2000Current

Board Members (3)

NameDesignationAppointment DateStatus
Vivek Venugopal Country flag representing In Director 06-Jan-2006Current
Subhadra Revi Country flag representing In Director 18-May-1991Current
Chandrahasan Pillai Country flag representing In Additional Director 12-Mar-2024Current

Financial Performance of Kerala Balers.

Kerala Balers Private Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.44% decrease. The company also saw a substantial improvement in profitability, with a 128.3% increase in profit. The company's net worth Soared by an impressive increase of 12.06%.

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
-13.44%
Revenue from Operations
-15.69%
Total Assets
6.41%
Profit or Loss
128.30%
Net Worth
12.06%
EBITDA
374.82%

What is the Ownership and Shareholding Structure of Kerala Balers?

In 2023, Kerala Balers had a promoter holding of 60.48% and a public holding of 39.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹276.50 M

Satisfied Charges

₹1.45 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 27.65 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 1980State Bank Of India₹27.65 CrOpen
14 Feb 1968State Bank Of India₹0.50 MSatisfied
18 Feb 1964State Bank Of India₹0.65 MSatisfied
09 Nov 1956The Travancore Cochin Financial Corporation₹0.30 MSatisfied

How Many Employees Work at Kerala Balers?

Kerala Balers has a workforce of 130 employees as of Apr 02, 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 Kerala Balers, 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 Kerala Balers'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 Kerala Balers

Recent activity within the organization

  • Director Appointment

    Chandrahasan Kuzhiyil Chellappan Pillai was appointed as a Additional Director was appointed as a Additional Director on 12 Mar 2024 & has been associated with this company since 11 months 12 days .

    12 Mar 2024

  • Annual General Meeting

    Kerala Balers Private Ltd last Annual general meeting of members was held on 20 Oct 2023 as per latest MCA records.

    20 Oct 2023

  • Balance Sheet

    Kerala Balers Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 14 Feb 1968 via Charge ID 90015080 with State Bank Of India was fully satisfied on 09 Feb 2021.

    09 Feb 2021

  • Charges

    A charge registered on 18 Feb 1964 via Charge ID 90015052 with State Bank Of India was fully satisfied on 09 Feb 2021.

    09 Feb 2021

  • Charges

    A charge registered on 09 Nov 1956 via Charge ID 90015025 with The Travancore Cochin Financial Corporation was fully satisfied on 03 Feb 2021.

    03 Feb 2021

Frequently asked questions

  • Kerala Balers Private Ltd was incorporated on 31 Mar 1948.

  • The authorized share capital of Kerala Balers Private Ltd is ₹ 0.75 M and paid-up capital is ₹ 0.62 M.

  • Currently 4 directors are associated with Kerala Balers Private Ltd.

    • Vivek Venugopal Venugopal
    • Ashok Venugopal
    • Subhadra Karunakaran Revi
    • Chandrahasan Kuzhiyil Chellappan Pillai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kerala Balers Private Ltd is Post Box 2823Kommady Ward A S Road India, Alleppey, Kerala, 688007.

  • The corporate identification number (CIN) of Kerala Balers Private Ltd is U51494KL1948PTC000582 and the company number is 000582 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kerala Balers Private Ltd is https://www.karan-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kerala Balers Private Ltd has fallen by -13.44%.

  • As Per 2023 financial reports, 130 employees are currently employed by Kerala Balers Private Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kerala Balers Private Ltd has experienced an upsurge of 12.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kerala Balers Private Ltd amount to ₹ 27.65 Cr.

  • The most recent Balance Sheet for Kerala Balers Private Ltd was filed with the ROC on 31 Mar 2023.

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