Edakkara Gold Private Limited
About Edakkara Gold Private Limited
Data last updated:
Edakkara Gold Private Limited is a private limited company based in Malappuram, Kerala, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 25 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51398KL2012PTC032237. Its GSTIN is 32AADCE2328K1ZW (Kerala).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors Ibrahimkutty Palasseri (Managing Director) and Abdul Majeed Palasseri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ootty Road Edakkeara, Malappuram, Kerala, India – 679331.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.25 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹15.28 Lakh (net margin 0.4%) and EBITDA of ₹23.34 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.41 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Edakkara Gold Private Limited's registered office is in Malappuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOotty Road Edakkeara, Malappuram, Kerala, India – 679331
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Edakkara Gold Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Edakkara Gold is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Edakkara Gold Private Limited, buy the company report.
Financials of Edakkara Gold Private Limited
FY 2024 filings availableEdakkara Gold Private Limited reported revenue of ₹37.25 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 9% growth in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23.34 Lakh | ||||
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| Net Profit (PAT) | ₹15.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Edakkara Gold Private Limited, buy the company report.
Board of directors of Edakkara Gold Private Limited
Edakkara Gold has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahimkutty Palasseri Also directs: Techno Mark Trading LLP, Perinthalmanna Gold LLP, Vgabm Gold Limited Liability Partnership and 5 more | Managing Director | 25 Sep 2012 | 14 Years 1 Months | Current |
| Abdul Majeed Palasseri Also directs: Techno Mark Trading LLP, Perinthalmanna Gold LLP, Vgabm Gold Limited Liability Partnership and 5 more | Director | 25 Sep 2012 | 14 Years 1 Months | Current |
Peer comparison
Edakkara Gold Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suman Shudha Abharana Private Limited | ₹37.46 Cr (FY 2024) | 9.0% | Bangalore, Karnataka, India | |||
| Kataria Gold Jewellery Private Limited | ₹37.35 Cr (FY 2025) | 108.0% | Ratlam, Madhya Pradesh, India | |||
| Edakkara Gold Private Limitedthis company | ₹37.25 Cr (FY 2024) | ₹15.28 Lakh | 0.4% | 9.0% | 16 | Malappuram, Kerala, India |
| Tikamdas Motiram Jewellers Private Limited | ₹37.19 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Edakkara Gold Private Limited, buy the company report.
Auditor
Edakkara Gold Private Limited is audited by HAMID HUSSAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAMID HUSSAIN & CO | FY 2018 | 010504S |
Shareholding
The shareholding of Edakkara Gold Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Edakkara Gold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2023 | 100714316 | Hdfc Bank Limited | ₹6.41 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Edakkara Gold Private Limited has 2 court cases on record: 1 filed by Edakkara Gold, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by State of Kerala and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 2 others | Disposed |
To see the full case history of Edakkara Gold Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Edakkara Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Edakkara Gold Private Limited has a workforce of 16 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Edakkara Gold has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCE2328K1ZW | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Edakkara Gold Private Limited, buy the company report.
Recent activity
Edakkara Gold Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Hajara ceased to be Director on 25 Sep 2019.
Frequently asked questions
Edakkara Gold is an active private limited company based in Malappuram, Kerala, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 25 September 2012 (14+ years old) and is registered under CIN U51398KL2012PTC032237.
Edakkara Gold has 2 current directors:
- Ibrahimkutty Palasseri - Managing Director
- Abdul Majeed Palasseri - Director
The latest financial statements of Edakkara Gold on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Edakkara Gold is 32AADCE2328K1ZW, registered in Kerala.
The CIN (Corporate Identification Number) of Edakkara Gold is U51398KL2012PTC032237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edakkara Gold has 2 court cases on record: 1 filed by the company and 1 filed against it.
Edakkara Gold was incorporated on 25 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Edakkara Gold by revenue are Suman Shudha Abharana Private Limited, Kataria Gold Jewellery Private Limited, Tikamdas Motiram Jewellers Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (retail trading).
Hajara ceased to be Director on 25 Sep 2019. Maimoona Abdul Majeed ceased to be Director on 25 Sep 2019. Abdul Majeed Palasseri was appointed as Director on 25 Sep 2012. Edakkara Gold has 4 board changes on record in total.
The registered office of Edakkara Gold is at Ootty Road Edakkeara, Malappuram, Kerala, India – 679331.
Edakkara Gold operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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