Kortas Industries Profile
Key Indicators
- Authorised Capital ₹ 15.80 Cr
as on 30-12-2024
- Paid Up Capital ₹ 15.80 Cr
as on 30-12-2024
- Company Age 4 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.16 Cr
as on 30-12-2024
- Satisfied Charges ₹ 4.00 Cr
as on 30-12-2024
- Revenue 43.89%
(FY 2022)
- Profit 18.01%
(FY 2022)
- Ebitda 24.06%
(FY 2022)
- Net Worth 7.97%
(FY 2022)
- Total Assets 6.55%
(FY 2022)
About Kortas Industries
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.80 Cr and a paid-up capital of Rs 15.80 Cr.
The company currently has active open charges totaling ₹7.16 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Kortas Industries Private Limited India are Babu Joseph as CFO and Venugopal Pillai as Ceo. Babu Joseph, Narayana Sarma, and Shahabudeen Mohammed serve as directors at the Company.
- CIN/LLPIN
U29308KL2020PTC063612
- Company No.
063612
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Aug 2020
- Date of AGM
19 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Thiruvananthapuram, Kerala, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Kortas Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Babu Joseph | CFO | 24-Aug-2024 | Current |
| Venugopal Pillai | CEO | 24-Aug-2024 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Babu Joseph  | Whole-Time Director | 13-Aug-2020 | Current |
| Narayana Sarma | Director | 23-Aug-2024 | Current |
| Shahabudeen Mohammed | Director | 13-Aug-2020 | Current |
Financial Performance of Kortas Industries.
Kortas Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.89% increase. The company also saw a substantial improvement in profitability, with a 18.01% increase in profit. The company's net worth moved up by a moderate rise of 7.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kortas Industries?
In 2022, Kortas Industries 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Mar 2024 | ₹5.00 Cr | Open |
Sidbi Creation Date: 31 Jan 2024 | ₹1.61 Cr | Open |
The South Indian Bank Limited Creation Date: 04 Sep 2023 | ₹5.50 M | Open |
How Many Employees Work at Kortas Industries?
Kortas Industries has a workforce of 80 employees as of Apr 06, 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 Kortas 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 Kortas Industries'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.
