Karnataka Cotton Association
About Karnataka Cotton Association
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Karnataka Cotton Association is a public not for profit company based in Hubli, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1999NPL025729.
The company has an authorised share capital of ₹1,000. It is led by directors including Maheshwar Ishwarappa Angadi and Rajnikant Hirachand Ladhad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ram Kutur Iind Main Road Ist Floor Hangal Compound Despande Nagar, Hubli, Karnataka, India – 580029.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.88 Lakh, a growth of 144% compared to the previous year. For the same year it recorded a net profit of ₹30,970 (net margin 6.3%) and EBITDA of ₹36,985 (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Karnataka Cotton Association has one previous CIN (Corporate Identification Number): L85110KA1999NPL025729. The current CIN is U85110KA1999NPL025729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1999NPL025729 | Current |
| L85110KA1999NPL025729 | Previous |
Contact details
Karnataka Cotton Association's registered office is in Hubli, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressRam Kutur Iind Main Road Ist Floor Hangal Compound Despande Nagar, Hubli, Karnataka, India – 580029
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Karnataka Cotton Association, 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 Karnataka Cotton Association 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 Karnataka Cotton Association, buy the company report.
Financials of Karnataka Cotton Association
FY 2025 filings availableKarnataka Cotton Association reported revenue of ₹4.88 Lakh (up 144% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 144% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 51% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹36,985 | ||||
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| Net Profit (PAT) | ₹30,970 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of Karnataka Cotton Association, buy the company report.
Board of directors of Karnataka Cotton Association
Karnataka Cotton Association has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshwar Ishwarappa Angadi Also directs: Shree Veerabhadreshwar Cotton Industries Private Limited | Director | 13 Nov 2019 | 6 Years 11 Months | Current |
| Rajnikant Hirachand Ladhad | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Shantilal Ostwal Misrimal Also directs: Cotton Association of India | Director | 24 Oct 2017 | 9 Years 0 Months | Current |
| Rachappa Sangappa Maganur | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Prajesh Veerchand Patel | Director | 01 Sep 2018 | 8 Years 2 Months | Current |
| Omprakash Pukraj Jain Also directs: Mahavir Realspace Private Limited | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Karnataka Cotton Association is audited by HITESH KUMAR MODI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH KUMAR MODI & CO | FY 2021 | 006726S |
Shareholding
The shareholding of Karnataka Cotton Association is on record for FY 2021, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Karnataka Cotton Association, buy the company report.
Legal cases
No court or tribunal cases involving Karnataka Cotton Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karnataka Cotton Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karnataka Cotton Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karnataka Cotton Association has 11 board changes on record since 2014: 6 appointments and 5 cessations. The latest: Maheshwar Ishwarappa Angadi was appointed as Director on 13 Nov 2019.
2 earlier events are in the company report.
Frequently asked questions
Karnataka Cotton Association is an active public not for profit company based in Hubli, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 September 1999 (27+ years old) and is registered under CIN U85110KA1999NPL025729.
Karnataka Cotton Association has 6 current directors:
- Maheshwar Ishwarappa Angadi - Director
- Rajnikant Hirachand Ladhad - Director
- Shantilal Ostwal Misrimal - Director
- Rachappa Sangappa Maganur - Director
- Prajesh Veerchand Patel - Director
- Omprakash Pukraj Jain - Director
The latest financial statements of Karnataka Cotton Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Karnataka Cotton Association is U85110KA1999NPL025729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karnataka Cotton Association was incorporated on 21 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Maheshwar Ishwarappa Angadi was appointed as Director on 13 Nov 2019. Korlagundi Thimmareddy Govindareddy ceased to be Director on 18 Apr 2019. Omprakash Pukraj Jain was appointed as Director on 18 Apr 2019. Karnataka Cotton Association has 11 board changes on record in total.
The registered office of Karnataka Cotton Association is at Ram Kutur Iind Main Road Ist Floor Hangal Compound Despande Nagar, Hubli, Karnataka, India – 580029.
Karnataka Cotton Association operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Karnataka Cotton Association is compliant as of 13 September 2026. The company is actively filing with the Registrar of Companies.
Karnataka Cotton Association can be reached at its registered office: Ram Kutur Iind Main Road Ist Floor Hangal Compound Despande Nagar, Hubli, Karnataka, India – 580029.
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