The Canara Workshops Limited

Manufacturer of leaf springs and related components for commercial and passenger vehicles.

1943 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: February 05, 2025

The Canara Workshops Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 82 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.38 Cr
  • Satisfied Charges ₹ 1.74 M
  • Revenue Growth 9.08%
  • Profit Growth 9.97%
  • Ebitda -122.35%
  • Net Worth -97.54%
  • Total Assets 3.77%

About The Canara Workshops

The Canara Workshops Limited (TCWL) was founded in India on 27 January 1943 and has a glorious history of 82 years . Its registered office is in Dakshina Kannada, Karnataka, India.

The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 1.47 Cr.

The company currently has active open charges totaling ₹10.38 Cr. The company has closed loans amounting to ₹1.74 M, as per Ministry of Corporate Affairs (MCA) records.

Premnath Kudva, Venkatesh Mangalore, and Voderbet Kamath serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    canarasprings.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KA1943PLC001075

  • Company No.

    001075

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1943

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at The Canara Workshops?

Executive Team (1)

NameDesignationAppointment DateStatus
Premnath Kudva Country flag representing In Managing Director09-Jun-1992Current

Board Members (2)

NameDesignationAppointment DateStatus
Venkatesh Mangalore Country flag representing In Director 30-Jul-2002Current
Voderbet Kamath Country flag representing In Director 30-Jul-2004Current

Financial Performance of The Canara Workshops.

The Canara Workshops Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.08% increase. The company also saw a slight improvement in profitability, with a 9.97% increase in profit. The company's net worth observed a substantial decline by a decrease of 97.54%.

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
9.08%
Revenue from Operations
1.21%
Total Assets
3.77%
Profit or Loss
9.97%
Net Worth
-97.54%
EBITDA
-122.35%

What is the Ownership and Shareholding Structure of The Canara Workshops?

In 2023, The Canara Workshops had a promoter holding of 3.51% and a public holding of 96.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.38 Cr

Satisfied Charges

₹0.17 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.38 Cr
  • Canara Bank : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2022Canara Bank₹0.09 MOpen
31 Mar 2018State Bank Of India₹0.95 MOpen
10 Dec 1988State Bank Of India₹10.28 CrOpen
31 Jan 2019State Bank Of India₹0.36 MSatisfied
27 Oct 2017State Bank Of India₹1.08 MSatisfied

How Many Employees Work at The Canara Workshops?

The Canara Workshops has a workforce of 146 employees as of Apr 09, 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 The Canara Workshops, 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 The Canara Workshops'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 The Canara Workshops

Recent activity within the organization

  • Annual General Meeting

    The Canara Workshops Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge registered on 27 Oct 2017 via Charge ID 100133528 with State Bank Of India was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with State Bank Of India of Rs. 10.28 Cr registered on 10 Dec 1988 with Charge ID 80029867 was modified on 25 May 2024.

    25 May 2024

  • Balance Sheet

    The Canara Workshops Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.01 Cr with Charge ID 100606689 was registered on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge registered on 31 Jan 2019 via Charge ID 100237302 with State Bank Of India was fully satisfied on 06 May 2022.

    06 May 2022

Frequently asked questions

  • The Canara Workshops Limited was incorporated on 27 Jan 1943.

  • The authorized share capital of The Canara Workshops Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.47 Cr.

  • Currently 3 directors are associated with The Canara Workshops Limited.

    • Premnath Srinivas Kudva
    • Venkatesh Pai Mangalore
    • Voderbet Mahesh Kamath
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Canara Workshops Limited is V S Kudva Roadmaroli . India, Mangalore, Karnataka, 575005.

  • The corporate identification number (CIN) of The Canara Workshops Limited is U51909KA1943PLC001075 and the company number is 001075 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Canara Workshops Limited is https://www.canarasprings.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Canara Workshops Limited has risen by 9.08%.

  • As Per 2023 financial reports, 146 employees are currently employed by The Canara Workshops Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Canara Workshops Limited has experienced an downturn of -97.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Canara Workshops Limited amount to ₹ 10.38 Cr.

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

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