About Kerala State Cashew Development Coprn Ltd
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Kerala State Cashew Development Coprn Ltd is a public limited state government company based in Quilon, Kerala, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 19 July 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15493KL1969SGC002234. Its GSTIN is 32AABCT2149K2ZF (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹116.79 Cr. It is led by directors including Sunil John Kuzhivila (Managing Director) and Sugeendran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cashew House Post Box No 13 Quilon Kerala, Kerala, India – 691001.
As per the financials filed for FY 2022, the company reported a revenue of ₹112.77 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹77.84 Cr (net margin -69%) and EBITDA of -₹35.13 Cr (EBITDA margin -31.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
The company is associated with 1 brand: KSCDC. As per MCA filings, the company has open charges of ₹429.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cashewcorporation.com.
Company details
CIN history
Kerala State Cashew Development Coprn has one previous CIN (Corporate Identification Number): U15493KL1969PLC002234. The current CIN is U15493KL1969SGC002234, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15493KL1969SGC002234 | Current |
| U15493KL1969PLC002234 | Previous |
Contact details
Kerala State Cashew Development Coprn Ltd's registered office is in Quilon, Kerala. Its website is cashewcorporation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCashew House Post Box No 13 Quilon Kerala, Kerala, India – 691001
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Kerala State Cashew Development Coprn Ltd, 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
Brands
Kerala State Cashew Development Coprn operates one associated brand: KSCDC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manages the cashew industry, promoting production, processing, and export for global markets. | cashewcorporation.com |
Financials of Kerala State Cashew Development Coprn Ltd
FY 2024 filings availableKerala State Cashew Development Coprn Ltd reported revenue of ₹112.77 Cr (up 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 25% growth 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 | ₹112.77 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹35.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.84 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.2% | ||||
| Net Profit Margin | -69% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kerala State Cashew Development Coprn Ltd, buy the company report.
Board of directors of Kerala State Cashew Development Coprn Ltd
Kerala State Cashew Development Coprn has 9 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sugeendran | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Sreekumar Sivanpillai | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Jayamohan Also directs: Kerala Cashew Board Limited | Nominee Director | 08 Sep 2016 | 10 Years 1 Months | Current |
| Bahulayan Swarnalatha Suran | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Siju Jacob | Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Sunil John Kuzhivila | Managing Director | 06 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Kerala State Cashew Development Coprn Ltd is audited by Rangamani & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rangamani & Co. | FY 2022 | 003052S |
Shareholding
The shareholding of Kerala State Cashew Development Coprn Ltd 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kerala State Cashew Development Coprn Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2004 | 90019691 | State Bank of Travancore | ₹85 Cr | Open | |
| 04 Dec 2000 | 90018040 | State Bank of Travancore | ₹140.1 Cr | Open | |
| 08 Nov 1999 | 90017578 | Punjab National Bank | ₹14.8 Cr | Open | |
| 14 Sep 1999 | 90017514 | Punjab National Bank | ₹14.14 Cr | Open | |
| 12 Mar 1999 | 90017343 | State Bank of Travancore | ₹9.5 Cr | Open |
To see the full charge records of Kerala State Cashew Development Coprn Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Kerala State Cashew Development Coprn Ltd 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 Kerala State Cashew Development Coprn Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kerala State Cashew Development Coprn has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCT2149K2ZF | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kerala State Cashew Development Coprn Ltd, buy the company report.
Recent activity
Kerala State Cashew Development Coprn Ltd has 30 board changes on record since 2008: 9 appointments and 21 cessations. The latest: Rajesh Ramakrishnan ceased to be Managing Director on 06 Sep 2023.
33 earlier events are in the company report.
Frequently asked questions
Kerala State Cashew Development Coprn is an active public limited state government company based in Quilon, Kerala, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 19 July 1969 (57+ years old) and is registered under CIN U15493KL1969SGC002234.
Kerala State Cashew Development Coprn has 9 current directors:
- Sunil John Kuzhivila - Managing Director
- Sugeendran - Director
- Sreekumar Sivanpillai - Director
- Jayamohan - Nominee Director
- Bahulayan Swarnalatha Suran - Director
- Siju Jacob - Director
- Dharmanadhan Sajee - Director
- Pratheep Kumar Bahuleyan - Director
- Babu Gopala Pillai - Director
The latest financial statements of Kerala State Cashew Development Coprn on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kerala State Cashew Development Coprn is 32AABCT2149K2ZF, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kerala State Cashew Development Coprn is U15493KL1969SGC002234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kerala State Cashew Development Coprn was incorporated on 19 July 1969, making it 57+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rajesh Ramakrishnan ceased to be Managing Director on 06 Sep 2023. Sunil John Kuzhivila was appointed as Managing Director on 06 Sep 2023. Bahulayan Swarnalatha Suran was appointed as Director on 01 Aug 2023. Kerala State Cashew Development Coprn has 30 board changes on record in total.
Kerala State Cashew Development Coprn can be reached through the website cashewcorporation.com. Its registered office is in Quilon, Kerala, India.
The registered office of Kerala State Cashew Development Coprn is at Cashew House Post Box No 13 Quilon Kerala, Kerala, India – 691001.
Kerala State Cashew Development Coprn operates in the food and beverages industry, in the organic and health foods segment.