MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-13-0004087
Kandla Veneers Private Limited
Kandla Veneers Private Limited - manufacturing in Varsamedi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹57.3 Lakh
▼ 87% YoY
Net loss · FY 2022
₹25.25 Lakh
Net margin -44.1%
EBITDA · FY 2022
-₹1.32 Lakh
EBITDA margin -2.3%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹3.17 Cr
Satisfied ₹5.55 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
7
Provident fund records
About Kandla Veneers Private Limited
Data last updated:
Kandla Veneers Private Limited is a private limited company based in Varsamedi, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 18 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20232GJ2006PTC049092. Its GSTIN is 24AADCK1630L1ZQ (Gujarat).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Vasu Patel (Whole-Time Director) and Preety Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S No 112 Plot N, Varsamedi, Gujarat, India – 370110.
As per the financials filed for FY 2022, the company reported a revenue of ₹57.3 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹25.25 Lakh (net margin -44.1%) and EBITDA of -₹1.32 Lakh (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 31% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.17 Cr and satisfied charges of ₹5.55 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Kandla Veneers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0004087). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U20232GJ2006PTC049092
Registration Number 049092
Incorporation Date 18 September 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-13-0004087
Recognitions & Rankings of Kandla Veneers
Contact details
Kandla Veneers Private Limited's registered office is in Varsamedi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No 112 Plot N, Varsamedi, Gujarat, India – 370110
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Kandla Veneers Private Limited, buy the company report.
Comprehensive company report
Kandla Veneers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Kandla Veneers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Kandla Veneers Private Limited, buy the company report.
Financials of Kandla Veneers Private Limited
FY 2022 filings availableKandla Veneers Private Limited reported revenue of ₹57.3 Lakh (down 87% YoY) for FY 2022.
Revenue · FY 2022
₹57.3 Lakh ▼ 87%
Net loss · FY 2022
₹25.25 Lakh margin -44.1%
EBITDA · FY 2022
-₹1.32 Lakh margin -2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 55%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 105%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 87% fall in the latest year. EBITDA fell 105% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.3 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.25 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -44.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kandla Veneers Private Limited, buy the company report.
Board of directors of Kandla Veneers Private Limited
Kandla Veneers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preety Patel | Director | 08 Jun 2018 | 8 Years 4 Months | Current |
| Vineet Patel Also directs: Theme International Limited | Director | 21 May 2009 | 17 Years 5 Months | Current |
| Vasu Patel | Whole-Time Director | 18 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Kandla Veneers Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JSB Plywood Industries Private Limited | ₹60.61 Lakh (FY 2025) | -83.0% | Palghar, Maharashtra, India | |||
| Hillwood Imports and Exports Private Limited | ₹60.04 Lakh (FY 2024) | 0.0% | Kozhikode, Kerala, India | |||
| Kaziranga Wood Products Pvt Ltd | ₹58.47 Lakh (FY 2025) | -22.0% | Assam, India | |||
| Kandla Veneers Private Limitedthis company | ₹57.3 Lakh (FY 2022) | -₹25.25 Lakh | -44.1% | -87.0% | 7 | Varsamedi, Gujarat, India |
| Swastik Panels Private Limited | ₹57.25 Lakh (FY 2022) | -49.0% | Jaipur, Rajasthan, India | |||
| Simran Woods Private Limited | ₹56.4 Lakh (FY 2024) | -71.0% | New Delhi, Delhi, India | |||
| Navneet Stationers Private Limited | ₹55.03 Lakh (FY 2018) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kandla Veneers Private Limited, buy the company report.
Auditor
Kandla Veneers Private Limited is audited by VIRAT SHETH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRAT SHETH & ASSOCIATES | FY 2022 | 139622W |
Shareholding
The shareholding of Kandla Veneers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kandla Veneers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.17 Cr
Satisfied charges
₹5.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2019 | 100246939 | Hdfc Bank Limited | ₹3.17 Cr | Open | |
| 09 Mar 2017 | 100084618 | Others | ₹3 Cr | Satisfied | |
| 07 Jul 2008 | 10113617 | Oriental Bank of Commerce | ₹1.75 Cr | Satisfied | |
| 07 Jul 2008 | 10148421 | Oriental Bank of Commerce | ₹80 Lakh | Satisfied |
To see the full charge records of Kandla Veneers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Kandla Veneers Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
To see the full case history of Kandla Veneers 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 Kandla Veneers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kandla Veneers Private Limited has a workforce of 7 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Kandla Veneers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK1630L1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kandla Veneers Private Limited, buy the company report.
Recent activity
Kandla Veneers Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Kanta Ben Dholu ceased to be Director on 08 Jun 2018.
AGM
Kandla Veneers Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Kandla Veneers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 317.00 Lakh registered on 08 Mar 2019 with Charge ID 100246939 was modified on 16 Jun 2020.
Charges
A charge registered on 09 Mar 2017 via Charge ID 100084618 with Others was fully satisfied on 02 Aug 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 317.00 Lakh with Charge ID 100246939 was registered on 08 Mar 2019.
Ceased
Kanta Ben Dholu ceased to be Director.
Ceased
Maganlal Patel ceased to be Whole-Time Director.
Appointed
Preety Patel was appointed as Director.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100084618 was registered on 09 Mar 2017.
Charges
A charge registered on 07 Jul 2008 via Charge ID 10113617 with Oriental Bank Of Commerce was fully satisfied on 10 Feb 2017.
Charges
A charge registered on 07 Jul 2008 via Charge ID 10148421 with Oriental Bank Of Commerce was fully satisfied on 10 Feb 2017.
Appointed
Vineet Patel was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Kandla Veneers is an active private limited company based in Varsamedi, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 18 September 2006 (20+ years old) and is registered under CIN U20232GJ2006PTC049092.
Kandla Veneers has 3 current directors:
- Vasu Patel - Whole-Time Director
- Preety Patel - Director
- Vineet Patel - Director
The latest financial statements of Kandla Veneers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kandla Veneers is 24AADCK1630L1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Kandla Veneers is U20232GJ2006PTC049092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandla Veneers has 2 court cases on record: 2 filed against it. 2 are pending.
Kandla Veneers was incorporated on 18 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kandla Veneers by revenue are JSB Plywood Industries Private Limited, Hillwood Imports and Exports Private Limited, Kaziranga Wood Products Pvt Ltd, Swastik Panels Private Limited, Simran Woods Private Limited and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Kanta Ben Dholu ceased to be Director on 08 Jun 2018. Maganlal Patel ceased to be Whole-Time Director on 08 Jun 2018. Preety Patel was appointed as Director on 08 Jun 2018. Kandla Veneers has 5 board changes on record in total.
Yes, Kandla Veneers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-13-0004087).
The registered office of Kandla Veneers is at S No 112 Plot N, Varsamedi, Gujarat, India – 370110.
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