Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation Ltd - home & lifestyle in Vijayawada, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U75112AP1981SGC108927 Incorporated 10 November 1981 ROC Vijayawada HQ Vijayawada, Andhra Pradesh, India
Active Public Limited State Government Company home and lifestyle
Data last updated
Revenue · FY 2015
₹85.3 Cr
▲ 4% YoY
Net profit · FY 2015
₹1.2 Cr
Net margin 1.4%
EBITDA · FY 2015
₹3.07 Cr
EBITDA margin 3.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹85 Lakh
Secured borrowings
Company age
45 yrs
Est. 1981
Directors on board
11
As per MCA filings

About Andhra Pradesh Handicrafts Development Corporation Ltd

Data last updated:

Andhra Pradesh Handicrafts Development Corporation Ltd is a public limited state government company based in Vijayawada, Andhra Pradesh, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 10 November 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U75112AP1981SGC108927. Its GSTIN is 37AABCA7350D1ZZ (Andhra Pradesh). The company holds 10 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Himanshu Shukla (Managing Director) and Manoharan Vishwa (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at D.No: 14 – 20 – 5 1st Floor Lepakshi Building Gandhinagar, Vijayawada, Andhra Pradesh, India – 520003.

As per the financials filed for FY 2015, the company reported a revenue of ₹85.3 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 1.4%) and EBITDA of ₹3.07 Cr (EBITDA margin 3.6%).

The company is associated with 1 brand: Lepakshi Handicrafts. As per MCA filings, the company has open charges of ₹85 Lakh on record. Court records list 7 cases involving the company, including 2 filed by the company and 2 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website lepakshihandicrafts.gov.in.

Company Details of Andhra Pradesh Handicrafts Development Corporation Ltd
CIN U75112AP1981SGC108927
Registration Number 108927
Incorporation Date 10 November 1981
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    D.No: 14 – 20 – 5 1st Floor Lepakshi Building Gandhinagar, Vijayawada, Andhra Pradesh, India – 520003
  • Industry
    Home & Lifestyle, Handicrafts & Artisan Products Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Andhra Pradesh Handicrafts Development Corporation Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Andhra Pradesh Handicrafts Development Corporation Ltd

The main business activity of Andhra Pradesh Handicrafts Development Corporation is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Andhra Pradesh Handicrafts Development Corporation Ltd FY 2019 filings available

Andhra Pradesh Handicrafts Development Corporation Ltd reported revenue of ₹85.3 Cr (up 4% YoY) for FY 2015.

Revenue · FY 2015
₹85.3 Cr ▲ 4%
Net profit · FY 2015
₹1.2 Cr margin 1.4%
EBITDA · FY 2015
₹3.07 Cr margin 3.6%

Compounded Annual Growth Rate (CAGR) of Andhra Pradesh Handicrafts Development Corporation Ltd

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▼ 20%

Revenue rose 4% in the latest year. EBITDA fell 20% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Andhra Pradesh Handicrafts Development Corporation Ltd

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA₹3.07 Cr
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹1.2 Cr
Balance Sheet
Share Capital••••
Reserves and Surplus••••
Net Worth (Total Equity)••••
Long-term Borrowings••••
Short-term Borrowings••••
Trade Payables••••
Total Liabilities••••
Fixed Assets••••
Investments••••
Inventories••••
Trade Receivables••••
Cash and Bank Balance••••
Total Assets••••

Financial Ratios of Andhra Pradesh Handicrafts Development Corporation Ltd

MetricsFY 2014-15
Profitability
EBITDA Margin3.6%
Net Profit Margin1.4%
Return on Equity (ROE)••••
Return on Capital Employed (ROCE)••••
Return on Assets (ROA)••••
Liquidity and Debt
Current Ratio••••
Quick Ratio••••
Debt-to-Equity Ratio••••
Interest Coverage Ratio••••
Efficiency and Growth
Asset Turnover••••
Receivable Days••••
Payable Days••••
Inventory Days••••
Revenue Growth••••
Net Profit Growth••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Andhra Pradesh Handicrafts Development Corporation are in the company report.

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Financial statements from 2015

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Peer Comparison of Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Handicrafts Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sumitra Woodcraft Private Limited₹182.3 Cr (FY 2025)••••••••-9.0%••••Kirti Nagar, Delhi, India
Marque Impex Private Limited₹178.7 Cr (FY 2025)••••••••5.0%••••Moradabad, Uttar Pradesh, India
Contemporary Furnitures Private Limited₹170.03 Cr (FY 2025)••••••••34.0%••••Jodhpur, Rajasthan, India
Golden Rock Granites Private Limited₹122.31 Cr (FY 2025)••••••••20.0%••••Chennai, Tamil Nadu, India
Wazir Chand and Company Private Limited₹110.83 Cr (FY 2025)••••••••3.0%••••Moradabad, Uttar Pradesh, India
Andhra Pradesh Handicrafts Development Corporation Ltd this company₹85.3 Cr (FY 2015)••••••••4.0%••••Vijayawada, Andhra Pradesh, India
BLJ Overseas Private Limited₹79.41 Cr (FY 2024)••••••••27.0%••••Village Raslapur, Haryana, India
Gujarat State Handloom and Handicrafts Development Corporation Limited₹78.71 Cr (FY 2025)••••••••17.0%••••Gandhinagar, Gujarat, India
Exmart International Private Limited₹77.71 Cr (FY 2024)••••••••-8.0%••••New Delhi, Delhi, India
Sandiya Exports Private Limited₹70.83 Cr (FY 2025)••••••••-9.0%••••New Delhi, Delhi, India
Khemchand Handicrafts Limited₹64.25 Cr (FY 2025)••••••••25.0%••••Jodhpur, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Andhra Pradesh Handicrafts Development Corporation by revenue in the Consumer Products industry (Handicrafts Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation has 11 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Patnana SudhakarDirector24 Jan 20197 Years 8 MonthsCurrent
Goddeti BalakrishnaDirector15 Dec 20169 Years 9 MonthsCurrent
Pali Satyanarayana Vara PrasadDirector15 Dec 20169 Years 9 MonthsCurrent
Vattikuti Rao Harsha VardhanaDirector15 Dec 20169 Years 9 MonthsCurrent
Himanshu ShuklaManaging Director31 Jul 20197 Years 2 MonthsCurrent
Tirumala Rao IppiliDirector15 Dec 20169 Years 9 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Charges & Borrowings of Andhra Pradesh Handicrafts Development Corporation Ltd

Open charges
₹85 Lakh
Satisfied charges
None
Breakdown by lending institutions
Andhra Bank₹0.75 Cr
Syndicate Bank₹0.10 Cr
Latest charge details
DateLenderAmountStatus
04 Oct 1994Andhra Bank₹75 LakhOpen
05 Feb 1994Syndicate Bank₹10 LakhOpen

Total charge records: 2 View all charges

Associated Brands with Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation operates one associated brand: Lepakshi Handicrafts. Each brand links to its own profile.

BrandDescriptionWebsite
Promotion of traditional handicrafts and support for artisans in Andhra Pradesh.lepakshihandicrafts.gov.in

Employees and EPFO Compliance at Andhra Pradesh Handicrafts Development Corporation Ltd

Employment history and EPFO contributions of people linked to Andhra Pradesh Handicrafts Development Corporation.

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Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U75112AP1981SGC108927, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U75112AP1981SGC108927Current
U75112AP1981SGC003260Previous
U75112TG1981SGC003260Previous

Recent Activity on Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation Ltd has 40 board changes on record since 2008: 11 appointments and 29 cessations. The latest: Manoharan Vishwa was appointed as Managing Director on 04 Nov 2024.

Appointed
Manoharan Vishwa was appointed as Managing Director.
Ceased
Meda Bala Subramanyam Reddy ceased to be Managing Director.
Appointed
Athkuri Ramalingeswara Raju was appointed as Director.
AGM
Andhra Pradesh Handicrafts Development Corporation Ltd last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Appointed
Himanshu Shukla was appointed as Managing Director.
Ceased
Venkateswarlu Maddukuri ceased to be Managing Director.
Filing
Andhra Pradesh Handicrafts Development Corporation Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.
Appointed
Patnana Sudhakar was appointed as Director.
Ceased
Srinivas Srinaresh Irrinki ceased to be Managing Director.
Ceased
Manne Usha Rani ceased to be Director.
Ceased
Appointed
Durga Sahu Prasad was appointed as Director.

33 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Andhra Pradesh Handicrafts Development Corporation Ltd

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MSME Payment Delays by Andhra Pradesh Handicrafts Development Corporation Ltd

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Subsidiaries & Group Companies of Andhra Pradesh Handicrafts Development Corporation Ltd

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GST Compliance of Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
6
Cancelled / inactive
4
GSTINStateStatusRegistered on
37AABCA7350D1ZZAndhra PradeshActive01 Jul 2017
07AABCA7350D3Z0DelhiActive01 Jul 2017
19AABCA7350D1ZXWest BengalActive01 Jul 2017
36AABCA7350D2Z0TelanganaActive27 Sep 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Andhra Pradesh Handicrafts Development Corporation Ltd

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Frequently Asked Questions about Andhra Pradesh Handicrafts Development Corporation Ltd

Andhra Pradesh Handicrafts Development Corporation is an active public limited state government company based in Vijayawada, Andhra Pradesh, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 10 November 1981 (45+ years old) and is registered under CIN U75112AP1981SGC108927.

Andhra Pradesh Handicrafts Development Corporation reported revenue of ₹85.3 Cr for FY 2015 (up 4% YoY).

Andhra Pradesh Handicrafts Development Corporation has 11 current directors:

Andhra Pradesh Handicrafts Development Corporation reported a net profit of ₹1.2 Cr (net margin 1.4%) and EBITDA of ₹3.07 Cr (EBITDA margin 3.6%) for FY 2015, as per its filed financial statements.

The GSTIN of Andhra Pradesh Handicrafts Development Corporation is 37AABCA7350D1ZZ, registered in Andhra Pradesh. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 07AABCA7350D3Z0 (Delhi), 19AABCA7350D1ZX (West Bengal), 36AABCA7350D2Z0 (Telangana).

The CIN (Corporate Identification Number) of Andhra Pradesh Handicrafts Development Corporation is U75112AP1981SGC108927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Andhra Pradesh Handicrafts Development Corporation has 7 court cases on record: 2 filed by the company and 2 filed against it. Most are in the high courts.

Andhra Pradesh Handicrafts Development Corporation was incorporated on 10 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Andhra Pradesh Handicrafts Development Corporation by revenue are Sumitra Woodcraft Private Limited, Marque Impex Private Limited, Contemporary Furnitures Private Limited, Golden Rock Granites Private Limited, Wazir Chand and Company Private Limited and 5 more, all in the Consumer Products industry (Handicrafts Manufacturers).

Manoharan Vishwa was appointed as Managing Director on 04 Nov 2024. Meda Bala Subramanyam Reddy ceased to be Managing Director on 25 Oct 2024. Athkuri Ramalingeswara Raju was appointed as Director on 04 Apr 2023. Andhra Pradesh Handicrafts Development Corporation has 40 board changes on record in total.

Andhra Pradesh Handicrafts Development Corporation can be reached through the website lepakshihandicrafts.gov.in. Its registered office is in Vijayawada, Andhra Pradesh, India.

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