MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-KL-12-0037208
Kerala Artisans Development Corporation Limited
Kerala Artisans Development Corporation Limited - public administration in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹32.4 Cr
▼ 1% YoY
Net profit · FY 2021
₹17.41 Lakh
Net margin 0.5%
EBITDA · FY 2021
₹74.45 Lakh
EBITDA margin 2.3%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹4.6 Cr
Issued & subscribed
Open charges
₹4.5 Lakh
Secured borrowings
Company age
45 yrs
Est. 1981
Directors on board
10
As per MCA filings
About Kerala Artisans Development Corporation Limited
Data last updated:
Kerala Artisans Development Corporation Limited is a private limited state government company based in Thiruvananthapuram, Kerala, India. It operates in the public service by government administration segment of the public administration sector. It was incorporated on 01 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U91200KL1981SGC003424. Its GSTIN is 32AACCK2253Q1ZF (Kerala). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹4.6 Cr. It is led by directors including Kannikulathil Gopalan Ajithkumar (Managing Director) and Ajitha Lekshmi.
Its last annual general meeting (AGM) was held on 26 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Thiruvananthapuram, Kerala.
As per the financials filed for FY 2021, the company reported a revenue of ₹32.4 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹17.41 Lakh (net margin 0.5%) and EBITDA of ₹74.45 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹4.5 Lakh on record. Court records list 26 cases involving the company, including 2 filed by the company and 24 filed against it; 4 cases are pending.
Kerala Artisans Development Corporation Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0037208). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U91200KL1981SGC003424
Registration Number 003424
Incorporation Date 01 October 1981
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-12-0037208
Key People
Kannikulathil Gopalan Ajithkumar Managing Director Ajitha Lekshmi Director Murali Sankarankutty Director Recognitions & Rankings of Kerala Artisans Development Corporation
Contact details
Kerala Artisans Development Corporation Limited's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT C 42/2735 Remya Opp. Poojappura Police Stn, Chengalloor, Thiruvananthapuram, Kerala, India – 695012
- IndustryPublic Administration, Public Service By Government Administration, Agencies Legislation
To see the full contact details of Kerala Artisans Development Corporation Limited, buy the company report.
Comprehensive company report
Kerala Artisans Development Corporation 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 Kerala Artisans Development Corporation is public services by government agencies. In detail, this covers administration relating to executive, legislation and other public service by government agencies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| O | Public Services by Government agencies | O1 | Administration relating to Executive, Legislation and other public service by government agencies |
To see the full business activity and turnover split of Kerala Artisans Development Corporation Limited, buy the company report.
Financials of Kerala Artisans Development Corporation Limited
FY 2022 filings availableKerala Artisans Development Corporation Limited reported revenue of ₹32.4 Cr (down 1% YoY) for FY 2021.
Revenue · FY 2021
₹32.4 Cr ▼ 1%
Net profit · FY 2021
₹17.41 Lakh margin 0.5%
EBITDA · FY 2021
₹74.45 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 22%
5 years · compounded
▲ 15%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 37% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.41 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Kerala Artisans Development Corporation Limited, buy the company report.
Board of directors of Kerala Artisans Development Corporation Limited
Kerala Artisans Development Corporation has 10 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kannikulathil Gopalan Ajithkumar | Managing Director | 26 Aug 2019 | 7 Years 2 Months | Current |
| Ajitha Lekshmi | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Murali Sankarankutty | Director | 02 Jan 2021 | 5 Years 9 Months | Current |
| Gopalakrishnan Achari Sankaranachari | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
| Sivasankaran Kunjupilla | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
| Sundaresan Narayanan | Director | 07 Sep 2016 | 10 Years 1 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Kerala Artisans Development Corporation Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (administration relating to executive, legislation and other public service by government agencies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saharanpur Smart City Limited | ₹50.35 Cr (FY 2022) | 10115.0% | Saharanpur, Uttar Pradesh, India | |||
| West Bengal Trade Promotion Organisation | ₹47.79 Cr (FY 2024) | 142.0% | Kolkata, West Bengal, India | |||
| Gujarat Water Resources Development Corporation Limited | ₹47.75 Cr (FY 2023) | -32.0% | Gujarat, India | |||
| Indore Smart City Development Limited | ₹39.16 Cr (FY 2025) | -19.0% | Indore, Madhya Pradesh, India | |||
| National Industrial Corridor Development Corporation Limited | ₹38.18 Cr (FY 2025) | 84.0% | New Delhi, Delhi, India | |||
| Kerala Artisans Development Corporation Limitedthis company | ₹32.4 Cr (FY 2021) | ₹17.41 Lakh | 0.5% | -1.0% | Thiruvananthapuram, Kerala, India | |
| The Plastics Export Promotion Council | ₹29.53 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Western Maharashtra Development Corpn Ltd | ₹25.19 Cr (FY 2024) | 32.0% | Pune, Maharashtra, India | |||
| Jabalpur Smart City Limited | ₹17.7 Cr (FY 2020) | 19.0% | Jabalpur, Madhya Pradesh, India | |||
| Chennai Smart City Limited | ₹16.48 Cr (FY 2022) | -18.0% | Chennai, Tamil Nadu, India | |||
| Kerala State Welfare Corporation for Forward Communities Limited | ₹16.26 Cr (FY 2024) | -24.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Kerala Artisans Development Corporation Limited, buy the company report.
Auditor
Kerala Artisans Development Corporation Limited is audited by SVM Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVM Associates | FY 2021 | 005793S |
Shareholding
The shareholding of Kerala Artisans Development Corporation Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kerala Artisans Development Corporation Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2007 | 10033752 | Canara Bank | ₹4.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Kerala Artisans Development Corporation Limited has 26 court cases on record: 2 filed by Kerala Artisans Development Corporation, 24 filed against it. 4 cases are pending and 22 are disposed.
Total cases
26
Filed by the company
2
Filed against the company
24
Pending
4
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 24 | 2 |
| District courts | 2 | 0 | 2 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Cert Educational Research & Training Private Limited | Disposed |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
| District court, Thiruvananthapuram, Kerala | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Kerala Artisans Development Corporation 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 Kerala Artisans Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kerala Artisans Development Corporation has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCK2253Q1ZF | Kerala | Active | 01 Jul 2017 |
| 32AACCK2253Q1DO | Kerala | Active | 21 Jan 2019 |
To see the full GST registrations and return filing status of Kerala Artisans Development Corporation Limited, buy the company report.
Recent activity
Kerala Artisans Development Corporation Limited has 25 board changes on record since 2016: 10 appointments and 15 cessations. The latest: Murali Sankarankutty was appointed as Director on 02 Jan 2021.
AGM
Kerala Artisans Development Corporation Limited last Annual general meeting of members was held on 26 Sep 2022 as per latest MCA records.
Filing
Kerala Artisans Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Appointed
Murali Sankarankutty was appointed as Director.
Appointed
Kannikulathil Gopalan Ajithkumar was appointed as Managing Director.
Ceased
Kummarambil Sunilkumar ceased to be Director.
Ceased
Vinod Thekkechirayil Velayudhan ceased to be Managing Director.
Ceased
Suresh Subramonia Pillai ceased to be Director.
Appointed
Ajitha Lekshmi was appointed as Director.
Ceased
Shoba Rajeswari ceased to be Nominee Director.
Ceased
Vinod Gangadharan ceased to be Nominee Director.
Appointed
Gopalakrishnan Achari Sankaranachari was appointed as Director.
Appointed
Mohammed Paladka Kunhali was appointed as Director.
17 earlier events are in the company report.
Frequently asked questions
Kerala Artisans Development Corporation is an active private limited state government company based in Thiruvananthapuram, Kerala, India. The company works in public service by government administration, within the public administration industry. It was incorporated on 01 October 1981 (45+ years old) and is registered under CIN U91200KL1981SGC003424.
Kerala Artisans Development Corporation has 10 current directors:
- Kannikulathil Gopalan Ajithkumar - Managing Director
- Ajitha Lekshmi - Director
- Murali Sankarankutty - Director
- Gopalakrishnan Achari Sankaranachari - Director
- Sivasankaran Kunjupilla - Director
- Sundaresan Narayanan - Director
- Ramanpillai Krishnapillai Sasidharanpillai - Director
- Rajan Alikkal - Director
- Varakukalayil Bhaskaran Mohanan - Director
- Mohammed Paladka Kunhali - Director
The latest financial statements of Kerala Artisans Development Corporation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kerala Artisans Development Corporation is 32AACCK2253Q1ZF, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AACCK2253Q1DO (Kerala).
The CIN (Corporate Identification Number) of Kerala Artisans Development Corporation is U91200KL1981SGC003424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kerala Artisans Development Corporation has 26 court cases on record: 2 filed by the company and 24 filed against it. 4 are pending. Most are in the high courts.
Kerala Artisans Development Corporation was incorporated on 01 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kerala Artisans Development Corporation by revenue are Saharanpur Smart City Limited, West Bengal Trade Promotion Organisation, Gujarat Water Resources Development Corporation Limited, Indore Smart City Development Limited, National Industrial Corridor Development Corporation Limited and 5 more, all in the same principal business activity (administration relating to executive, legislation and other public service by government agencies).
Murali Sankarankutty was appointed as Director on 02 Jan 2021. Kannikulathil Gopalan Ajithkumar was appointed as Managing Director on 26 Aug 2019. Kummarambil Sunilkumar ceased to be Director on 12 Feb 2019. Kerala Artisans Development Corporation has 25 board changes on record in total.
Yes, Kerala Artisans Development Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-12-0037208).
The registered office of Kerala Artisans Development Corporation is at T C 422735 Remya Opp. Poojappura Police Stn, Chengalloor, Thiruvananthapuram, Kerala, India – 695012.