Kerala State Handloom Development Corpn Ltd

Supporting handloom weavers in Kerala through financial assistance, manufacturing and marketing of traditional products.

1968 | Kannur, Kerala (India) | Active
Last Updated:

Kerala State Handloom Development Corpn Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 59.49 Cr
  • Company Age 56 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.15 M
  • Satisfied Charges ₹ 3.54 Cr
  • Revenue Growth -43.60%
  • Profit Growth -102.13%
  • Ebitda -93.54%
  • Net Worth -15.66%
  • Total Assets 4.73%

About Kerala State Handloom Development Corpn

Kerala State Handloom Development Corpn Ltd (KSHDCL) was founded in India on 24 June 1968 and has a glorious history of 56 years and ten months. Its registered office is in Kannur, Kerala, India.

The Company is engaged in the Manufacturing 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 60.00 Cr and a paid-up capital of Rs 59.49 Cr.

The company currently has active open charges totaling ₹0.15 M. The company has closed loans amounting to ₹3.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kerala State Handloom Development Corpn Ltd India are Sunil Kalarickal as CFO and Arun Augustine as Company Secretary. Sukumar Arunachalam, Govindan Kuttyat, Karunakaran Binu, and Six other members serve as directors at the Company.

Company Details

  • Location

    Kannur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KL1968SGC002181

  • Company No.

    002181

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    24 Jun 1968

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing
Company report

Kerala State Handloom Development Corpn Ltd

Explore comprehensive data for Kerala State Handloom Development Corpn Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Kerala State Handloom Development Corpn?

Executive Team (3)

NameDesignationAppointment DateStatus
Sukumar Arunachalam Country flag representing In Managing Director23-Mar-2022Current
Sunil Kalarickal CFO30-Sep-2015Current
Arun Augustine Country flag representing In Company Secretary09-Nov-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Govindan Kuttyat Country flag representing In Nominee Director 14-Dec-2021Current
Karunakaran Binu Country flag representing In Nominee Director 18-Nov-2021Current
Anil Devi Country flag representing In Nominee Director 19-Aug-2022Current
Siju Jacob Country flag representing In Nominee Director 19-Sep-2022Current
Prasad Narayanan Country flag representing In Nominee Director 20-Sep-2022Current
Joy Varghese Country flag representing In Nominee Director 27-Jun-2023Current

Financial Performance of Kerala State Handloom Development Corpn.

Kerala State Handloom Development Corpn Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 43.6% decrease. The company also saw a substantial fall in profitability, with a 102.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.66%.

Kerala State Handloom Development Corpn revenue growth over time
Kerala State Handloom Development Corpn 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
-43.60%
Revenue from Operations
-57.03%
Total Assets
4.73%
Profit or Loss
-102.13%
Net Worth
-15.66%
EBITDA
-93.54%

What is the Ownership and Shareholding Structure of Kerala State Handloom Development Corpn?

In 2023, Kerala State Handloom Development Corpn had a promoter holding of 99.91% and a public holding of 0.09%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.02 Cr

Satisfied Charges

₹3.54 Cr

Charges Breakdown by Lending Institutions

  • The Governor Of Kerala : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 1979The Governor Of Kerala₹0.15 MOpen
21 Feb 2020Others₹2.18 CrSatisfied
21 Oct 1989Syndicate Bank₹0.35 MSatisfied
28 Oct 1983Syndicate Bank₹1.00 MSatisfied
24 Nov 1982Syndicate Bank₹0.50 MSatisfied

How Many Employees Work at Kerala State Handloom Development Corpn?

Unlock and access historical data on people associated with Kerala State Handloom Development Corpn, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Kerala State Handloom Development Corpn Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kerala State Handloom Development Corpn, 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 State Handloom Development Corpn'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 State Handloom Development Corpn

Recent activity within the organization

  • Annual General Meeting

    Kerala State Handloom Development Corpn Ltd last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

  • Director Appointment

    Shaji Kochugovindan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Oct 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Joy Varghese was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jun 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Thavam Balakrishnan was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jun 2023 & has been associated with this company since 1 year 10 months .

  • Balance Sheet

    Kerala State Handloom Development Corpn Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Director Appointment

    Arun Augustine was appointed as a Company Secretary was appointed as a Company Secretary on 09 Nov 2022 & has been associated with this company since 2 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Kerala State Handloom Development Corpn Ltd?

    Kerala State Handloom Development Corpn Ltd was incorporated on 24 Jun 1968.

  • What is authorized share capital and paid-up capital of Kerala State Handloom Development Corpn Ltd?

    The authorized share capital of Kerala State Handloom Development Corpn Ltd is ₹ 60.00 Cr and paid-up capital is ₹ 59.49 Cr.

  • Who are the current board members & directors of Kerala State Handloom Development Corpn Ltd?

    Currently 11 directors are associated with Kerala State Handloom Development Corpn Ltd.

    • Sukumar Arunachalam
    • Govindan Thozhikot Kuttyat
    • Karunakaran Nair Binu
    • Anil Kumar Krishnan Suseela Devi
    • Siju Jacob
    • Prasad Pathalil Narayanan
    • Joy Varghese
    • Thavam Balakrishnan
    • Shaji Kochugovindan
    • Sunil Mathew Kalarickal
    • Arun Augustine
  • What is the registered address of Kerala State Handloom Development Corpn Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kerala State Handloom Development Corpn Ltd is Pm 32/249Thillery Road India, Cannanore, Kerala, 670001.

  • What is the corporate identification number (CIN) and company number of Kerala State Handloom Development Corpn Ltd?

    The corporate identification number (CIN) of Kerala State Handloom Development Corpn Ltd is U74140KL1968SGC002181 and the company number is 002181 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Kerala State Handloom Development Corpn Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Kerala State Handloom Development Corpn Ltd has fallen by -43.60%.

  • What change has been observed in the net worth of Kerala State Handloom Development Corpn Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Kerala State Handloom Development Corpn Ltd has experienced an downturn of -15.66%.

  • What are the total open charges for Kerala State Handloom Development Corpn Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Kerala State Handloom Development Corpn Ltd amount to ₹ 0.15 M.

  • When was the last Balance Sheet of Kerala State Handloom Development Corpn Ltd filed with the ROC?

    The most recent Balance Sheet for Kerala State Handloom Development Corpn Ltd was filed with the ROC on 31 Mar 2023.

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