About Kerala State Backward Classes Development Corporation Limited
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Kerala State Backward Classes Development Corporation Limited is a private limited state government company based in Thiruvananthapuram, Kerala, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 28 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U75122KL1995SGC008705. Its GSTIN is 32AABCK1609H1Z1 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹156.49 Cr. It is led by directors including Kaitharavu Sambathkumar Anju (Managing Director) and Suresh Kumar.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tc27/588(7)&(8) Sentinel2Ndfloorpattoor Vanchiyoorpo, Thiruvananthapuram, Kerala, India – 695035.
As per the financials filed for FY 2023, the company reported a revenue of ₹123.69 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹64.18 Cr (net margin 51.9%) and EBITDA of ₹105.5 Cr (EBITDA margin 85.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 208 employees on its provident fund (EPFO) records.
Court records list 87 cases involving the company, including 10 filed by the company and 77 filed against it; 16 cases are pending. The company has 13 deals on record (13 funding rounds), with disclosed funding of ₹109.08 Cr; the latest was in March 2024. Its 10 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is Kanakadurga Finance Limited with revenue of ₹126.87 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ksbcdc.com.
Company details
CIN history
Kerala State Backward Classes Development Corporation has one previous CIN (Corporate Identification Number): U75122KL1995PLC008705. The current CIN is U75122KL1995SGC008705, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U75122KL1995SGC008705 | Current |
| U75122KL1995PLC008705 | Previous |
Contact details
Kerala State Backward Classes Development Corporation Limited's registered office is in Thiruvananthapuram, Kerala. Its website is ksbcdc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTc27/588(7)&(8) Sentinel2Ndfloorpattoor Vanchiyoorpo, Thiruvananthapuram, Kerala, India – 695035
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Kerala State Backward Classes Development Corporation 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
Financials of Kerala State Backward Classes Development Corporation Limited
FY 2024 filings availableKerala State Backward Classes Development Corporation Limited reported revenue of ₹123.69 Cr (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 19% growth in the latest year. EBITDA rose 31% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹105.5 Cr | ||||
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| Net Profit (PAT) | ₹64.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 85.3% | ||||
| Net Profit Margin | 51.9% | ||||
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To see the full financial statements and ratios of Kerala State Backward Classes Development Corporation Limited, buy the company report.
Board of directors of Kerala State Backward Classes Development Corporation Limited
Kerala State Backward Classes Development Corporation has 11 current directors and 64 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaitharavu Sambathkumar Anju | Managing Director | 07 Jul 2025 | 1 Years 3 Months | Current |
| Suresh Kumar | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Painakkil Padmanabhan Udayakumar Also directs: Thrikkakara Urban Farmers Producer Company Limited | Director | 26 Aug 2022 | 4 Years 2 Months | Current |
| Baiju Tharayil Divakaran | Director | 26 Aug 2022 | 4 Years 2 Months | Current |
| Prasad | Director | 13 Dec 2021 | 4 Years 10 Months | Current |
| Anil Kumar | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Kerala State Backward Classes Development Corporation Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanakadurga Finance Limited | ₹126.87 Cr (FY 2024) | 8.0% | Vijayawada, Andhra Pradesh, India | |||
| Mackmorn Commodities Pvt.Ltd. | ₹125.95 Cr (FY 2025) | 29.0% | Kolkata, West Bengal, India | |||
| Navachetana Microfin Services Private Limited | ₹125.67 Cr (FY 2025) | -14.0% | Haveri, Karnataka, India | |||
| Aryavrat Financial Services Private Limited | ₹124.95 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Yaduka Financial Services Limited | ₹124.43 Cr (FY 2025) | 42.0% | Kolkata, West Bengal, India | |||
| Kerala State Backward Classes Development Corporation Limitedthis company | ₹123.69 Cr (FY 2023) | ₹64.18 Cr | 51.9% | 19.0% | 208 | Thiruvananthapuram, Kerala, India |
| Sbi Factors Limited | ₹123.28 Cr (FY 2019) | 22.0% | Mumbai, Maharashtra, India | |||
| Unifinz Capital India Limited | ₹122.01 Cr (FY 2025) | 309.0% | New Delhi, Delhi, India | |||
| Dhan Commercial Private Limited | ₹121.05 Cr (FY 2025) | 124.0% | Kolkata, West Bengal, India | |||
| RGF Fincon Pvt Ltd | ₹120.83 Cr (FY 2024) | -32.0% | Kolkata, West Bengal, India | |||
| Hindon Mercantile Limited | ₹120.38 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kerala State Backward Classes Development Corporation Limited, buy the company report.
Auditor
Kerala State Backward Classes Development Corporation Limited is audited by C Thomas & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C Thomas & Associates | FY 2022 | 008921S |
Shareholding
The shareholding of Kerala State Backward Classes Development Corporation Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kerala State Backward Classes Development Corporation Limited, buy the company report.
Deals & funding
Kerala State Backward Classes Development Corporation Limited has 13 deals on record (13 funding rounds), with disclosed funding of ₹109.08 Cr; the latest was in March 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹1.14 Cr | Investors: an individual |
| Dec 2021 | Funding round | ₹10.07 Cr | Investors: an individual |
| Nov 2019 | Funding round | ₹4.58 Cr | Investors: an individual |
| Mar 2018 | Funding round | ₹35.35 Cr | Investors: an individual |
| May 2014 | Funding round | ₹17.04 Cr | Investors: an individual |
To see the full deal history of Kerala State Backward Classes Development Corporation Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kerala State Backward Classes Development Corporation Limited has 87 court cases on record: 10 filed by Kerala State Backward Classes Development Corporation, 77 filed against it. 16 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 73 | 13 |
| District courts | 6 | 4 | 3 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Arbitration matter | Filed against the company by M/S Hindustan Prefab Limited | Pending |
| District court, Thiruvananthapuram, Kerala | Arbitration matter | Filed against the company by M/S Hindustan Prefab Limited | Disposed |
| High Court of Kerala | Writ petition | Filed against the company by PNB Housing Finance Ltd., | Disposed |
| High Court | Court case (AR) | Filed by the company against Hindustan Prefab Limited Regional – in Charge (South Zone) | Disposed |
| High Court of Kerala | Writ petition | Filed against the company | Pending |
To see the full case history of Kerala State Backward Classes 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.
Credit ratings & regulatory alerts
Kerala State Backward Classes Development Corporation Limited was last rated by Brickwork on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Kerala State Backward Classes Development Corporation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kerala State Backward Classes Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kerala State Backward Classes Development Corporation Limited has a workforce of 208 employees on its EPFO records as of Oct 22, 2024, across 1 active EPFO establishment.
GST
Kerala State Backward Classes Development Corporation has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK1609H1Z1 | Kerala | Active | 01 Jul 2017 |
| 32AABCK1609H1DA | Kerala | Active | 15 Nov 2018 |
To see the full GST registrations and return filing status of Kerala State Backward Classes Development Corporation Limited, buy the company report.
Recent activity
Kerala State Backward Classes Development Corporation Limited has 79 board changes on record since 2007: 16 appointments and 63 cessations. The latest: Arunjyothibhavan Omanakuttan ceased to be Director on 29 Sep 2025.
70 earlier events are in the company report.
Frequently asked questions
Kerala State Backward Classes Development Corporation is an active private limited state government company based in Thiruvananthapuram, Kerala, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 28 February 1995 (31+ years old) and is registered under CIN U75122KL1995SGC008705.
Kerala State Backward Classes Development Corporation has 11 current directors:
- Kaitharavu Sambathkumar Anju - Managing Director
- Suresh Kumar - Director
- Painakkil Padmanabhan Udayakumar - Director
- Baiju Tharayil Divakaran - Director
- Prasad - Director
- Anil Kumar - Director
- Sreeni Gopinathan Pillai - Director
- Pushpalatha - Director
- Kunhikrishnan Valiya Parambath - Director
- Valsala Sarojini Dharmarajan - Director
- Sagar Bharat Misal - Director
The latest financial statements of Kerala State Backward Classes Development Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kerala State Backward Classes Development Corporation is 32AABCK1609H1Z1, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCK1609H1DA (Kerala).
The CIN (Corporate Identification Number) of Kerala State Backward Classes Development Corporation is U75122KL1995SGC008705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kerala State Backward Classes Development Corporation has 87 court cases on record: 10 filed by the company and 77 filed against it. 16 are pending. Most are in the high courts.
Kerala State Backward Classes Development Corporation was incorporated on 28 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kerala State Backward Classes Development Corporation has 13 deals on record (13 funding rounds), with disclosed funding of ₹109.08 Cr; the latest was in March 2024.
The peers of Kerala State Backward Classes Development Corporation by revenue are Kanakadurga Finance Limited, Mackmorn Commodities Pvt.Ltd, Navachetana Microfin Services Private Limited, Aryavrat Financial Services Private Limited, Yaduka Financial Services Limited and 5 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Arunjyothibhavan Omanakuttan ceased to be Director on 29 Sep 2025. Sagar Bharat Misal was appointed as Director on 29 Sep 2025. Arunjyothibhavan Omanakuttan was appointed as Director on 18 Jul 2025. Kerala State Backward Classes Development Corporation has 79 board changes on record in total.
Kerala State Backward Classes Development Corporation can be reached through the website ksbcdc.com. Its registered office is in Thiruvananthapuram, Kerala, India.