Kothari Petrochemicals Limited.

Produces PIB and sells LPG to parallel marketers, part of HC Kothari Group.

1989 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Kothari Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 66.00 Cr
  • Paid Up Capital ₹ 59.19 Cr
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 38.99 Cr
  • Revenue Growth 26.55%
  • Profit Growth 19.13%
  • Ebitda 14.34%
  • Net Worth 23.26%
  • Total Assets 21.22%

About Kothari Petrochemicals

Kothari Petrochemicals Limited. (KPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 April 1989 and has a history of 35 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol KOTHARIPET.

The Company is engaged in the Chemicals And Materials 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 66.00 Cr and a paid-up capital of Rs 59.19 Cr.

The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹38.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kothari Petrochemicals Limited. India are Priya Krishnarao as COMPANY SECRETARY and Sukshmapuriswaran Sivamahesh as Cfo. Velamuri Suryarau, Nina Kothari, Brij Bansal, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L11101TN1989PLC017347

  • Company No.

    017347

  • Stock Symbol

    NSE : KOTHARIPET

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1989

  • Date of AGM

    25 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Kothari Petrochemicals Limited. offer?

Kothari Petrochemicals Limited. offers a wide range of products and services, including Organic and Inorganic Solvents, Organic Chemicals, Petroleum and Petrochemical Products, Bitumen, Oils, Grease & Lubricants, Lubricants, Adhesives, Glue and Sealants, Epoxy Adhesives.

Who are the key members and board of directors at Kothari Petrochemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Arjun Kothari Country flag representing In Managing Director08-Apr-2015Current
Priya Krishnarao Country flag representing In Company Secretary11-Apr-2021Current
Sukshmapuriswaran Sivamahesh Country flag representing In CFO12-Feb-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Brij Bansal Country flag representing In Director 10-Aug-2020Current
Velamuri Suryarau Country flag representing In Director 20-May-2019Current
Nina Kothari Country flag representing In Director 27-May-2014Current
Sitharaman Sundarraman Country flag representing In Director 22-Nov-2017Current
Gautam Roy Country flag representing In Director 10-Aug-2020Current
Muthukumaran Rajavel Country flag representing In Whole-Time Director 01-Aug-2018Current

Financial Performance of Kothari Petrochemicals.

Kothari Petrochemicals Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 26.55% increase. The company also saw a substantial improvement in profitability, with a 19.13% increase in profit. The company's net worth Soared by an impressive increase of 23.26%.

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
26.55%
Revenue from Operations
26.37%
Total Assets
21.22%
Profit or Loss
19.13%
Net Worth
23.26%
EBITDA
14.34%

What is the Ownership and Shareholding Structure of Kothari Petrochemicals?

In 2023, Kothari Petrochemicals had a promoter holding of 70.98% and a public holding of 29.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 Cr

Satisfied Charges

₹38.99 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2009Indian Bank₹40.00 CrOpen
24 Feb 2017Hdfc Bank Limited₹15.00 CrSatisfied
22 Jun 2016Hdfc Bank Limited₹1.10 CrSatisfied
01 Dec 2011Indian Bank₹8.47 CrSatisfied
06 Jan 1998The South Indian Bank Ltd.₹4.00 CrSatisfied

How Many Employees Work at Kothari Petrochemicals?

Kothari Petrochemicals has a workforce of 173 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 Kothari Petrochemicals, 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 Kothari Petrochemicals'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 Kothari Petrochemicals

Recent activity within the organization

  • Annual General Meeting

    Kothari Petrochemicals Limited. last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.

    25 Jul 2024

  • Balance Sheet

    Kothari Petrochemicals Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Indian Bank of Rs. 40.00 Cr registered on 10 Dec 2009 with Charge ID 10192130 was modified on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge registered on 24 Feb 2017 via Charge ID 100082958 with Hdfc Bank Limited was fully satisfied on 06 Nov 2020.

    06 Nov 2020

  • Charges

    A charge registered on 22 Jun 2016 via Charge ID 100051609 with Hdfc Bank Limited was fully satisfied on 15 Sep 2020.

    15 Sep 2020

  • Director Appointment

    Brij Mohan Bansal was appointed as a Director was appointed as a Director on 10 Aug 2020 & has been associated with this company since 4 years 5 months .

    10 Aug 2020

Frequently asked questions

  • Kothari Petrochemicals Limited. was incorporated on 28 Apr 1989.

  • The authorized share capital of Kothari Petrochemicals Limited. is ₹ 66.00 Cr and paid-up capital is ₹ 59.19 Cr.

  • Currently 9 directors are associated with Kothari Petrochemicals Limited..

    • Velamuri Venkata Suryarau
    • Nina Bhadrashyam Kothari
    • Brij Mohan Bansal
    • Sitharaman Sundarraman
    • Gautam Roy
    • Arjun Bhadrashyam Kothari
    • Muthukumaran Rajavel
    • Priya Krishnarao
    • Sukshmapuriswaran Sivamahesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kothari Petrochemicals Limited. is Kothari Building, No-115 Nungambakkam High Road Madras. India, Tamilnadu, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Kothari Petrochemicals Limited. is L11101TN1989PLC017347 and the company number is 017347 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kothari Petrochemicals Limited. is registered on National Stock Exchange (NSE).

  • The Official website of Kothari Petrochemicals Limited. is https://www.kotharipetrochemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kothari Petrochemicals Limited. has risen by 26.55%.

  • As Per 2023 financial reports, 173 employees are currently employed by Kothari Petrochemicals Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kothari Petrochemicals Limited. has experienced an upsurge of 23.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kothari Petrochemicals Limited. amount to ₹ 40.00 Cr.

  • The most recent Balance Sheet for Kothari Petrochemicals Limited. was filed with the ROC on 31 Mar 2024.

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