Kusalava Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 38 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 66.30 Cr
- Satisfied Charges ₹ 60.72 Cr
- Revenue Growth -48.08%
- Profit Growth -76.16%
- Ebitda -36.06%
- Net Worth 5.92%
- Total Assets 9.29%
About Kusalava Finance
Kusalava Finance Limited (KFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 1986 and has a history of 38 years and 11 months. Its registered office is in Krishna, Andhra Pradesh, India.
The Corporate was formerly known as Cherubic Equipment Leasing & Finance Limited. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹66.30 Cr. The company has closed loans amounting to ₹60.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravindra Muthavarapu, Venkateswara Rao, Ramakrishna Chukkapalli, and Three other members serve as directors at the Company.
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U99999AP1986PLC006276
- Company No.
006276
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Mar 1986
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
What products or services does Kusalava Finance Limited offer?
Kusalava Finance Limited offers a wide range of products and services, including Parcel Delivery Services, Home Delivery Service.
Who are the key members and board of directors at Kusalava Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chukkapalli Siddharth  | Managing Director | 25-Feb-2013 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Muthavarapu | Director | 12-Jul-2002 | Current |
| Chukkapalli Kushal | Director | 01-Feb-2020 | Current |
| Venkateswara Rao | Director | 07-Jan-1990 | Current |
| Ramakrishna Chukkapalli | Director | 07-Jan-1990 | Current |
| Chukkapalli Chakravarthi | Whole-Time Director | 08-Aug-2003 | Current |
Financial Performance of Kusalava Finance.
Kusalava Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.08% decrease. The company also saw a substantial fall in profitability, with a 76.16% decrease in profit. The company's net worth moved up by a moderate rise of 5.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kusalava Finance?
In 2023, Kusalava Finance had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kusalava International LimitedRavindra Muthavarapu, Venkateswara Rao and 4 more are mutual person
- Kusalava Motors Private Limited
Ravindra Muthavarapu, Venkateswara Rao and 4 more are mutual person
- Kusalava Realty Private Limited
Venkateswara Rao, Ramakrishna Chukkapalli and 2 more are mutual person
Ameya Batteries Private LimitedVenkateswara Rao, Ramakrishna Chukkapalli and 2 more are mutual person
- Kusalava Theertha Bio Pharma Private Limited
Ramakrishna Chukkapalli is a mutual person
- Uem Pistons Private Limited
Chukkapalli Chakravarthi is a mutual person
Charges (Loans)
₹66.30 Cr
₹60.72 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 52.23 Cr
- Others : 9.00 Cr
- Andhra Bank : 5.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2010 | Andhra Bank | ₹2.57 Cr | Open |
| 29 Nov 2008 | Others | ₹9.00 Cr | Open |
| 10 Jun 2008 | State Bank Of India | ₹4.50 M | Open |
| 08 Mar 2006 | State Bank Of India | ₹51.78 Cr | Open |
| 06 Feb 2004 | Andhra Bank | ₹1.25 Cr | Open |
How Many Employees Work at Kusalava Finance?
Kusalava Finance has a workforce of 11 employees as of Apr 07, 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 Kusalava Finance, 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 Kusalava Finance'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.
