Kerala Small Industries Development Corporation Limited

Kerala Small Industries Development Corporation Limited - infrastructure and utilities in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
CIN U65929KL1975SGC002736 Incorporated 06 November 1975 ROC Ernakulam HQ Thiruvananthapuram, Kerala, India
Active Private Limited State Government Company infrastructure and utilities
Data last updated
Revenue · FY 2023
₹231.31 Cr
▲ 4% YoY
Net loss · FY 2023
₹28.5 Cr
Net margin -12.3%
EBITDA · FY 2023
-₹10.13 Cr
EBITDA margin -4.4%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹28.02 Cr
Issued & subscribed
Open charges
₹8.23 Cr
Satisfied ₹51 Lakh
Company age
51 yrs
Est. 1975
Employees · EPFO
115
Provident fund records

About Kerala Small Industries Development Corporation Limited

Data last updated:

Kerala Small Industries Development Corporation Limited is a private limited state government company based in Thiruvananthapuram, Kerala, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 06 November 1975 and has been in existence for over 51 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL1975SGC002736. Its GSTIN is 32AAACK9435C1ZW (Kerala). The company holds 19 GST registrations, of which 15 are active.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.02 Cr. It is led by directors including Jayashankar Ramachandran Nair (Managing Director) and Govindan Thekkadavan Vadakke Veedu.

Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Housing Board Buildingsanthi Nagar Santhi Nagar, Thiruvananthapuram, Kerala, India – 695001.

As per the financials filed for FY 2023, the company reported a revenue of ₹231.31 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹28.5 Cr (net margin -12.3%) and EBITDA of -₹10.13 Cr (EBITDA margin -4.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.

The company has about 115 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹8.23 Cr and satisfied charges of ₹51 Lakh on record. Court records list 233 cases involving the company, including 19 filed by the company and 214 filed against it; 65 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.58 Cr; the latest was in April 2017.

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 keralasidco.com.

Company details

CIN U65929KL1975SGC002736
Registration Number 002736
Incorporation Date 06 November 1975
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant

Contact details

Kerala Small Industries Development Corporation Limited's registered office is in Thiruvananthapuram, Kerala. Its website is keralasidco.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Housing Board Buildingsanthi Nagar Santhi Nagar, Thiruvananthapuram, Kerala, India – 695001
  • Industry
    Infrastructure and Utilities, General Infrastructure Services

To see the full contact details of Kerala Small Industries Development Corporation Limited, buy the company report.

Comprehensive company report
Kerala Small Industries 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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Business activity

The main business activities of Kerala Small Industries Development Corporation are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Kerala Small Industries Development Corporation Limited, buy the company report.

Financials of Kerala Small Industries Development Corporation Limited

FY 2023 filings available

Kerala Small Industries Development Corporation Limited reported revenue of ₹231.31 Cr (up 4% YoY) for FY 2023.

Revenue · FY 2023
₹231.31 Cr ▲ 4%
Net loss · FY 2023
₹28.5 Cr margin -12.3%
EBITDA · FY 2023
-₹10.13 Cr margin -4.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 1%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 4% growth in the latest year. EBITDA fell 16% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹10.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹28.5 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-4.4%
Net Profit Margin-12.3%
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 Small Industries Development Corporation Limited, buy the company report.

Board of directors of Kerala Small Industries Development Corporation Limited

Kerala Small Industries Development Corporation has 8 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chittammal Murali PuthenpurayilNominee Director31 Dec 20214 Years 10 MonthsCurrent
RageshNominee Director25 Sep 20233 Years 1 MonthsCurrent
Krishnapriya Devaki NairNominee Director25 Mar 20233 Years 7 MonthsCurrent
Rajeev GopiNominee Director24 Jun 20233 Years 4 MonthsCurrent
Somy CheriyanNominee Director25 Aug 20224 Years 2 MonthsCurrent
Govindan Thekkadavan Vadakke VeeduDirector19 Jul 20179 Years 3 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Kerala Small Industries Development Corporation Limited is audited by J A K S & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
J A K S & ASSOCIATESFY 2017001360S

Shareholding

The shareholding of Kerala Small Industries Development Corporation Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kerala Small Industries Development Corporation Limited, buy the company report.

Charges & borrowings

Open charges
₹8.23 Cr
Satisfied charges
₹51 Lakh
Breakdown by lending institutions
State Bank of India₹5.08 Cr
State Bank of Travancore₹2.42 Cr
Indian Bank₹0.60 Cr
Canara Bank₹0.11 Cr
Uco Bank₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Dec 2025101206276State Bank of India₹5.08 CrOpen
10 Dec 200810138483State Bank of Travancore₹1.5 CrOpen
26 Mar 199890017092State Bank of Travancore₹6.5 LakhOpen
26 Aug 198790015633State Bank of Travancore₹5 LakhOpen
16 Jun 198790015621Canara Bank₹3.5 LakhOpen

To see the full charge records of Kerala Small Industries Development Corporation Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Kerala Small Industries Development Corporation Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.58 Cr; the latest was in April 2017.

Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹15.58 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Apr 2017Funding round₹93.2 LakhInvestors: an individual
Mar 2017Secondary share transferUndisclosedBuyer: Malabar Cements Ltd
Seller: an individual
Mar 2011Secondary share transferUndisclosedBuyer: an individual
Seller: Malabar Cements Ltd
Feb 2010Funding round₹6.08 CrInvestors: Malabar Cements Ltd , an individual
Jun 2007Funding round₹8.56 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kerala Small Industries Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Kerala Small Industries Development Corporation Limited has a workforce of 115 employees on its EPFO records as of Apr 04, 2024, across 5 active EPFO establishments.

Employee count
115
Active EPFO establishments
5
Employee growth
2.68%

GST

Kerala Small Industries Development Corporation has 19 GST registrations: 15 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
19
Active
15
Cancelled / inactive
4
GSTINStateStatusRegistered on
32AAACK9435C1ZWKeralaActive01 Jul 2017
32AAACK9435C4ZTKeralaActive01 Jul 2017
32AAACK9435C5ZSKeralaActive01 Jul 2017
32AAACK9435C6ZRKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Kerala Small Industries Development Corporation Limited, buy the company report.

Recent activity

Kerala Small Industries Development Corporation Limited has 48 board changes on record since 2008: 11 appointments and 37 cessations. The latest: Manesh Mohan was appointed as Nominee Director on 21 Jul 2025.

Charges
A charge registered on 16 Feb 1994 via Charge ID 90016129 with Small Industries Dev. Bank Of India was fully satisfied on 17 Feb 2026.
Charges
A charge registered on 27 Mar 1990 via Charge ID 90015792 with Bank Of India was fully satisfied on 04 Dec 2025.
Charges
A charge with State Bank Of India amounted to Rs. 5.08 Cr with Charge ID 101206276 was registered on 02 Dec 2025.
Appointed
Manesh Mohan was appointed as Nominee Director.
Appointed
Jayashankar Ramachandran Nair was appointed as Managing Director.
AGM
Kerala Small Industries Development Corporation Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Appointed
Ragesh was appointed as Nominee Director.
Appointed
Rajeev Gopi was appointed as Nominee Director.
Filing
Kerala Small Industries Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Appointed
Krishnapriya Devaki Nair was appointed as Nominee Director.
Appointed
Somy Cheriyan was appointed as Nominee Director.
Appointed
Chittammal Murali Puthenpurayil was appointed as Nominee Director.

56 earlier events are in the company report.

Frequently asked questions

Kerala Small Industries Development Corporation is an active private limited state government company based in Thiruvananthapuram, Kerala, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 06 November 1975 (51+ years old) and is registered under CIN U65929KL1975SGC002736.

Kerala Small Industries Development Corporation has 8 current directors:

The latest financial statements of Kerala Small Industries Development Corporation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Kerala Small Industries Development Corporation is 32AAACK9435C1ZW, registered in Kerala. The company has 19 GST registrations in all, of which 15 are active and 4 are cancelled or inactive. Other active GSTINs include 32AAACK9435C4ZT (Kerala), 32AAACK9435C5ZS (Kerala), 32AAACK9435C6ZR (Kerala).

The CIN (Corporate Identification Number) of Kerala Small Industries Development Corporation is U65929KL1975SGC002736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kerala Small Industries Development Corporation has 233 court cases on record: 19 filed by the company and 214 filed against it. 65 are pending. Most are in the high courts.

Kerala Small Industries Development Corporation was incorporated on 06 November 1975, making it 51+ years old. It is registered with the Registrar of Companies, Ernakulam.

Kerala Small Industries Development Corporation has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15.58 Cr; the latest was in April 2017.

Manesh Mohan was appointed as Nominee Director on 21 Jul 2025. Jayashankar Ramachandran Nair was appointed as Managing Director on 20 Dec 2024. Ragesh was appointed as Nominee Director on 25 Sep 2023. Kerala Small Industries Development Corporation has 48 board changes on record in total.

Kerala Small Industries Development Corporation can be reached through the website keralasidco.com. Its registered office is in Thiruvananthapuram, Kerala, India.