Kerala State Textile Corporation Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.63 Cr
- Company Age 53 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 34.14 Cr
- Satisfied Charges ₹ 29.41 Cr
- Revenue Growth 247.08%
- Profit Growth -10.46%
- Ebitda -22.10%
- Net Worth -20.63%
- Total Assets 8.79%
About Kerala State Textile Corporation
Kerala State Textile Corporation Limited (KSTCL) was founded in India on 09 March 1972 and has a glorious history of 53 years and two months. Its registered office is in Thiruvananthapuram, 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 2022. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 18.63 Cr.
The company currently has active open charges totaling ₹34.14 Cr. The company has closed loans amounting to ₹29.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kerala State Textile Corporation Limited India is Sujamol Kk as COMPANY SECRETARY. Sukumar Arunachalam, Cherakekaran Valsan, Siju Jacob, and Four other members serve as directors at the Company.
Company Details
- Location
Thiruvananthapuram, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101KL1972SGC002405
- Company No.
002405
- Company Classification
Private Limited State Government Company
- Incorporation Date
09 Mar 1972
- Date of AGM
29 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Manufacturing
Kerala State Textile Corporation Limited
Explore comprehensive data for Kerala State Textile Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kerala State Textile Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukumar Arunachalam  | Managing Director | 27-Sep-2022 | Current |
| Sujamol Kk | Company Secretary | 12-Feb-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Cherakekaran Valsan | Director | 20-Feb-2017 | Current |
| Siju Jacob | Director | 02-Aug-2022 | Current |
| Madhavan Prasad | Director | 16-Aug-2022 | Current |
| Thattyott Bhaskaran | Director | 11-Sep-2023 | Current |
| Maravattikkal Rajan | Director | 11-Oct-2023 | Current |
| Anil Devi | Director | 25-Jul-2022 | Current |
Financial Performance of Kerala State Textile Corporation.
Kerala State Textile Corporation Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 247.08% increase. The company also saw a substantial fall in profitability, with a 10.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kerala State Textile Corporation?
In 2022, Kerala State Textile Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kel Electrical Machines LimitedSiju Jacob is a mutual person
Kerala State Cashew Development Coprn LtdSiju Jacob is a mutual person
Handicrafts Development Corpn Of Kerala LtdSiju Jacob is a mutual person
Proficient Lawyer Info Tech LlpCherakekaran Valsan is a mutual person
- Kerala Garments Ltd
Sukumar Arunachalam is a mutual person
- Kerala State Handloom Development Corpn Ltd
Sukumar Arunachalam, Siju Jacob and 1 more are mutual person
Charges (Loans)
Open Charges
₹34.14 Cr
Satisfied Charges
₹29.41 Cr
Charges Breakdown by Lending Institutions
- State Bank Of Travancore : 12.84 Cr
- The Kerala Indusrtial Revitalization Fund Board.(Kirfb) : 8.64 Cr
- Canara Bank : 7.55 Cr
- The Kerala Industrial Revitalization Fund Board : 2.00 Cr
- State Bank Of Travancore : 1.16 Cr
- Others : 1.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2024 | Others | ₹3.19 M | Open |
| 28 Oct 2015 | State Bank Of Travancore | ₹1.20 M | Open |
| 26 Nov 2011 | State Bank Of Travancore | ₹2.35 Cr | Open |
| 26 Sep 2009 | Canara Bank | ₹1.60 Cr | Open |
| 14 Aug 2009 | State Bank Of Travancore | ₹4.88 Cr | Open |
How Many Employees Work at Kerala State Textile Corporation?
Kerala State Textile Corporation has a workforce of 264 employees as of Oct 24, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kerala State Textile Corporation, 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 Textile Corporation's trajectory.
Rating
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
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 Textile Corporation
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100874461 was registered on 17 Jan 2024.
- Director Appointment
Maravattikkal Ramakrishnan Rajan was appointed as a Director was appointed as a Director on 11 Oct 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Thattyott Bhaskaran was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 1 year 8 months .
- Annual General Meeting
Kerala State Textile Corporation Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
- Director Appointment
Sukumar Arunachalam was appointed as a Managing Director was appointed as a Managing Director on 27 Sep 2022 & has been associated with this company since 2 years 7 months .
- Director Appointment
Madhavan Nair Devi Prasad was appointed as a Director was appointed as a Director on 16 Aug 2022 & has been associated with this company since 2 years 8 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Kerala State Textile Corporation Limited?
Kerala State Textile Corporation Limited was incorporated on 09 Mar 1972.
What is authorized share capital and paid-up capital of Kerala State Textile Corporation Limited?
The authorized share capital of Kerala State Textile Corporation Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.63 Cr.
Who are the current board members & directors of Kerala State Textile Corporation Limited?
Currently 8 directors are associated with Kerala State Textile Corporation Limited.
- Sukumar Arunachalam
- Cherakekaran Rappai Valsan
- Siju Jacob
- Madhavan Nair Devi Prasad
- Thattyott Bhaskaran
- Maravattikkal Ramakrishnan Rajan
- Sujamol Kk
- Anil Kumar Krishnan Suseela Devi
What is the registered address of Kerala State Textile Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kerala State Textile Corporation Limited is Annapoorna Tc 9/2000 01Kochar Road Sasthamangalam India, Trivandrum, Kerala, 695010.
What is the corporate identification number (CIN) and company number of Kerala State Textile Corporation Limited?
The corporate identification number (CIN) of Kerala State Textile Corporation Limited is U18101KL1972SGC002405 and the company number is 002405 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kerala State Textile Corporation Limited?
The Official website of Kerala State Textile Corporation Limited is https://www.kstc.kerala.gov.in
What has been the recent revenue trend for Kerala State Textile Corporation Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Kerala State Textile Corporation Limited has risen by 247.08%.
How many employees does Kerala State Textile Corporation Limited currently have?
As Per 2018 financial reports, 264 employees are currently employed by Kerala State Textile Corporation Limited.
What change has been observed in the net worth of Kerala State Textile Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Kerala State Textile Corporation Limited has experienced an downturn of -20.63%.
What are the total open charges for Kerala State Textile Corporation Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Kerala State Textile Corporation Limited amount to ₹ 34.14 Cr.
When was the last Balance Sheet of Kerala State Textile Corporation Limited filed with the ROC?
The most recent Balance Sheet for Kerala State Textile Corporation Limited was filed with the ROC on 31 Mar 2022.
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