MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2020-21)
- Udyam number
- UDYAM-KL-01-0002938
The Kerala State Coir Corporation Limited - consumer goods in Alappuzha, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹242.37 Cr
▼ 3% YoY
Net profit · FY 2022
₹54.73 Lakh
Net margin 0.2%
EBITDA · FY 2022
₹2.83 Cr
EBITDA margin 1.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.05 Cr
Issued & subscribed
Open charges
₹63.84 Cr
Satisfied ₹53.65 Cr
Company age
57 yrs
Est. 1969
Employees · EPFO
225
Provident fund records
About The Kerala State Coir Corporation Limited
Data last updated:
The Kerala State Coir Corporation Limited is a public limited state government company based in Alappuzha, Kerala, India. It operates in the home furnishings manufacturing segment of the consumer goods 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 U17233KL1969SGC002235. Its GSTIN is 32AABCT2045G1ZU (Kerala). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.05 Cr. It is led by directors including Pratheesh Gopalakrishna Panicker (Managing Director) and Gopalan Venugopal.
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 P B No 191 Factory Ward Factory Ward, Alappuzha, Kerala, India – 688001.
As per the financials filed for FY 2022, the company reported a revenue of ₹242.37 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹54.73 Lakh (net margin 0.2%) and EBITDA of ₹2.83 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 16% over five years.
The company has about 225 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Kerala State Coir Corporation Ltd. As per MCA filings, the company has open charges of ₹63.84 Cr and satisfied charges of ₹53.65 Cr on record. Court records list 109 cases involving the company, including 24 filed by the company and 85 filed against it; 14 cases are pending.
The Kerala State Coir Corporation Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-01-0002938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coircraft.com.
Company details
CIN U17233KL1969SGC002235
Registration Number 002235
Incorporation Date 19 July 1969
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-01-0002938
CIN history
The Kerala State Coir Corporation has one previous CIN (Corporate Identification Number): U17233KL1969PLC002235. The current CIN is U17233KL1969SGC002235, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17233KL1969SGC002235 | Current |
| U17233KL1969PLC002235 | Previous |
Key People
Pratheesh Gopalakrishna Panicker Managing Director Gopalan Venugopal Director Anie Jula Thomas Director Recognitions & Rankings of The Kerala State Coir Corporation
Contact details
The Kerala State Coir Corporation Limited's registered office is in Alappuzha, Kerala. Its website is coircraft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressP B No 191 Factory Ward Factory Ward, Alappuzha, Kerala, India – 688001
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of The Kerala State Coir Corporation Limited, buy the company report.
Comprehensive company report
The Kerala State Coir 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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Brands
The Kerala State Coir Corporation operates one associated brand: The Kerala State Coir Corporation Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coir manufacturing and related services in Kerala. | coircraft.com |
Financials of The Kerala State Coir Corporation Limited
FY 2024 filings availableThe Kerala State Coir Corporation Limited reported revenue of ₹242.37 Cr (down 3% YoY) for FY 2022.
Revenue · FY 2022
₹242.37 Cr ▼ 3%
Net profit · FY 2022
₹54.73 Lakh margin 0.2%
EBITDA · FY 2022
₹2.83 Cr margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 9%
5 years · compounded
▲ 16%
EBITDA CAGR growth
3 years · compounded
▲ 61%
5 years · compounded
▲ 14%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. 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 | ₹242.37 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.73 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 The Kerala State Coir Corporation Limited, buy the company report.
Board of directors of The Kerala State Coir Corporation Limited
The Kerala State Coir Corporation has 8 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalan Venugopal | Director | 07 Dec 2021 | 4 Years 11 Months | Current |
| Anie Jula Thomas Also directs: Foam Mattings India Limited, Kerala Rubber Limited, Kerala State Coir Machinery Manufacturing Company Limited and 2 more | Director | 12 Oct 2023 | 3 Years 1 Months | Current |
| Pratheesh Gopalakrishna Panicker Also directs: Foam Mattings India Limited, Traco Cable Co Ltd | Managing Director | 18 Apr 2023 | 3 Years 6 Months | Current |
| Rajesh Prakash Also directs: Pharmaceutical Corpn I M Kerala Ltd | Director | 18 Oct 2024 | 2 Years 0 Months | Current |
| Benny | Director | 27 Oct 2022 | 4 Years 0 Months | Current |
| Anilkumar Kallupurackal Divakaran | Director | 27 Oct 2022 | 4 Years 0 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
The Kerala State Coir Corporation Limited is audited by L.R Kamath & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L.R Kamath & Co. | FY 2022 | 001703S |
Shareholding
The shareholding of The Kerala State Coir 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 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 The Kerala State Coir Corporation Limited, buy the company report.
Charges & borrowings
Open charges
₹63.84 Cr
Satisfied charges
₹53.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2026 | 101225388 | State Bank of India | ₹33 Cr | Open | |
| 26 Mar 2025 | 101076127 | Others | ₹20 Cr | Open | |
| 28 Jun 2018 | 100191896 | The South Indian Bank Limited | ₹9.13 Cr | Open | |
| 29 Aug 2000 | 90017930 | Union Bank of India | ₹80 Lakh | Open | |
| 28 Sep 1987 | 90015638 | Union Bank of India | ₹65 Lakh | Open |
To see the full charge records of The Kerala State Coir Corporation Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
The Kerala State Coir Corporation Limited has 109 court cases on record: 24 filed by The Kerala State Coir Corporation, 85 filed against it. 14 cases are pending and 95 are disposed.
Total cases
109
Filed by the company
24
Filed against the company
85
Pending
14
Disposed
95
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 89 | 77 | 12 |
| District courts | 17 | 7 | 1 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Plants India Agro Machineries Pvt Ltd and 1 other | Disposed |
| High Court, Kerala | Appeal | Filed against the company by D.C.Mills (P) Ltd | Disposed |
| High Court, Kerala | Writ petition | Filed against the company by M/S. D.C.Mills Pvt.Ltd., | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against DC Mills Private Limited and 1 other | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against M/S. Delhi Intercontinental(Hotels)P.Ltd | Disposed |
To see the full case history of The Kerala State Coir 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 The Kerala State Coir Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
The Kerala State Coir Corporation Limited has a workforce of 225 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
225
Active EPFO establishments
2
Employee growth
5.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 225 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of The Kerala State Coir Corporation Limited, buy the company report.
GST
The Kerala State Coir Corporation has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCT2045G1ZU | Kerala | Active | 01 Jul 2017 |
| 07AABCT2045G1ZN | Delhi | Active | 01 Jul 2017 |
| 24AABCT2045G1ZR | Gujarat | Active | 01 Jul 2017 |
| 33AABCT2045G1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of The Kerala State Coir Corporation Limited, buy the company report.
Recent activity
The Kerala State Coir Corporation Limited has 51 board changes on record since 2008: 8 appointments and 43 cessations. The latest: Rajesh Prakash was appointed as Director on 18 Oct 2024.
Charges
A charge registered on 27 Nov 2024 via Charge ID 101063026 with Canara Bank was fully satisfied on 31 Jan 2026.
Charges
A charge registered on 12 Feb 2021 via Charge ID 100432400 with Canara Bank was fully satisfied on 30 Jan 2026.
Charges
A charge with State Bank Of India amounted to Rs. 33.00 Cr with Charge ID 101225388 was registered on 05 Jan 2026.
AGM
The Kerala State Coir Corporation Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101076127 was registered on 26 Mar 2025.
Charges
A charge registered on 06 Feb 2020 via Charge ID 100324462 with Others was fully satisfied on 25 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 3.00 Cr with Charge ID 101063026 was registered on 27 Nov 2024.
Appointed
Rajesh Prakash was appointed as Director.
Appointed
Acharath Parakat Mahalil Mohamedhanish was appointed as Director.
Ceased
Saurabh Jain ceased to be Director.
Filing
The Kerala State Coir Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Ajit Kumar ceased to be Director.
62 earlier events are in the company report.
Frequently asked questions
The Kerala State Coir Corporation is an active public limited state government company based in Alappuzha, Kerala, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 19 July 1969 (57+ years old) and is registered under CIN U17233KL1969SGC002235.
The Kerala State Coir Corporation has 8 current directors:
- Pratheesh Gopalakrishna Panicker - Managing Director
- Gopalan Venugopal - Director
- Anie Jula Thomas - Director
- Rajesh Prakash - Director
- Benny - Director
- Anilkumar Kallupurackal Divakaran - Director
- Francis Vadakuzhiyil Chacko - Director
- Acharath Parakat Mahalil Mohamedhanish - Director
The latest financial statements of The Kerala State Coir 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 The Kerala State Coir Corporation is 32AABCT2045G1ZU, registered in Kerala. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 07AABCT2045G1ZN (Delhi), 24AABCT2045G1ZR (Gujarat), 33AABCT2045G1ZS (Tamil Nadu).
The CIN (Corporate Identification Number) of The Kerala State Coir Corporation is U17233KL1969SGC002235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Kerala State Coir Corporation has 109 court cases on record: 24 filed by the company and 85 filed against it. 14 are pending. Most are in the high courts.
The Kerala State Coir Corporation was incorporated on 19 July 1969, making it 57+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rajesh Prakash was appointed as Director on 18 Oct 2024. Acharath Parakat Mahalil Mohamedhanish was appointed as Director on 24 Jun 2024. Saurabh Jain ceased to be Director on 24 Jun 2024. The Kerala State Coir Corporation has 51 board changes on record in total.
Yes, The Kerala State Coir Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-01-0002938).
The Kerala State Coir Corporation can be reached through the website coircraft.com. Its registered office is in Alappuzha, Kerala, India.
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