About Kerala State Electronics Development Corporation Limited
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Kerala State Electronics Development Corporation Limited is a private limited state government company based in Thiruvananthapuram, Kerala, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 September 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL1972SGC002450. Its GSTIN is 32AABCK1319E1Z8 (Kerala). The company holds 20 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹375 Cr and a paid-up capital of ₹373.86 Cr. It is led by directors including Sreekumar Nair (Managing Director) and Narayana Moorthy Nilakanta Iyer.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Keltron House Vellayambalam, Thiruvananthapuram, Kerala, India – 695033.
As per the financials filed for FY 2023, the company reported a revenue of ₹584.52 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹27.37 Cr (net margin 4.7%) and EBITDA of ₹49.27 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 391 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹153.3 Cr and satisfied charges of ₹243.79 Cr on record. Court records list 175 cases involving the company, including 64 filed by the company and 111 filed against it; 41 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹270.5 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website keltron.org.
Company details
Contact details
Kerala State Electronics Development Corporation Limited's registered office is in Thiruvananthapuram, Kerala. Its website is keltron.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressKeltron House Vellayambalam, Thiruvananthapuram, Kerala, India – 695033
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Kerala State Electronics 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
Business activity
The main business activities of Kerala State Electronics Development Corporation are manufacturing, trade and professional, scientific and technical. In detail, this covers computer, electronic, communication and scientific measuring & control equipment, retail trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| G | Trade | G2 | Retail Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Kerala State Electronics Development Corporation Limited, buy the company report.
Financials of Kerala State Electronics Development Corporation Limited
FY 2024 filings availableKerala State Electronics Development Corporation Limited reported revenue of ₹584.52 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 3% 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 | ₹49.27 Cr | ||||
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| Net Profit (PAT) | ₹27.37 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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| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Kerala State Electronics Development Corporation Limited, buy the company report.
Board of directors of Kerala State Electronics Development Corporation Limited
Kerala State Electronics Development Corporation has 12 current directors and 44 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreekumar Nair Also directs: Keltron Component Complex Limited, Panathussery Advisory Services LLP, Coconics Private Limited and 1 more | Managing Director | 22 Feb 2024 | 2 Years 8 Months | Current |
| Kottarathil Naduvil Madhusoodanan | Nominee Director | 19 Aug 2022 | 4 Years 2 Months | Current |
| Rajeena Beegum Also directs: Keltron Electro Ceramics Ltd, Keltron Component Complex Limited, Kerala State Drugs and Pharmaceuticals Ltd and 4 more | Nominee Director | 24 Jul 2022 | 4 Years 3 Months | Current |
| Sanjeev Nair | Nominee Director | 25 Jan 2024 | 2 Years 9 Months | Current |
| Hemachandran Sreedharan | Nominee Director | 09 Apr 2019 | 7 Years 6 Months | Current |
| Gopakumar Prabhakaran Nair | Nominee Director | 14 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Kerala State Electronics Development Corporation Limited is audited by Sridhar and Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sridhar and Co | FY 2021 | 003978S |
Shareholding
The shareholding of Kerala State Electronics 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 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 Electronics Development Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101190822 | Others | ₹75 Lakh | Open | |
| 15 Apr 2025 | 101080449 | Others | ₹10 Cr | Open | |
| 16 Jan 2025 | 101032865 | Others | ₹4.75 Cr | Open | |
| 03 Jan 2025 | 101037685 | Others | ₹4.75 Cr | Open | |
| 21 Oct 2024 | 100996368 | Others | ₹50 Cr | Open |
To see the full charge records of Kerala State Electronics Development Corporation Limited, buy the company report.
Total charge records: 38 View all charges
Deals & funding
Kerala State Electronics Development Corporation Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹270.5 Cr; the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹170.31 Cr | Investors: an individual |
| Mar 2017 | Funding round | ₹3.55 Cr | Investors: an individual |
| Dec 2013 | Funding round | ₹96.64 Cr | Investors: Malabar Cements Ltd , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kerala State Electronics Development Corporation Limited has 175 court cases on record: 64 filed by Kerala State Electronics Development Corporation, 111 filed against it. 41 cases are pending and 134 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 134 | 87 | 29 |
| District courts | 26 | 10 | 6 |
| NCLT | 6 | 5 | 0 |
| NCLAT | 5 | 5 | 5 |
| Supreme Court | 4 | 4 | 1 |
Cases on record (5 of 175)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company by Srit India Ltd | Pending |
| District court, Thiruvananthapuram, Kerala | Arbitration matter | Filed by the company against RP Techsoft International Pvt Ltd | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Simoco Telecommunications South Asia Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Hippocampus Infotech Pvt Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Energy Efficiency Services Ltd and Anr | Pending |
To see the full case history of Kerala State Electronics 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 Electronics Development Corporation Limited was last rated by Indiarating on 06 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 06 Oct 2021 |
To see the full credit ratings and regulatory alerts of Kerala State Electronics Development Corporation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kerala State Electronics Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kerala State Electronics Development Corporation has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Keltron Electro Ceramics Ltd | U29299KL1974SGC002601 | |
| Keltron Component Complex Ltd | U31904KL1974SGC002630 |
To see the full group structure of Kerala State Electronics Development Corporation Limited, buy the company report.
Employees & EPFO
Kerala State Electronics Development Corporation Limited has a workforce of 391 employees on its EPFO records as of Oct 24, 2024, across 2 active EPFO establishments.
GST
Kerala State Electronics Development Corporation has 20 GST registrations: 16 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCK1319E1Z8 | Kerala | Active | 01 Jul 2017 |
| 32AABCK1319E2Z7 | Kerala | Active | 01 Jul 2017 |
| 32AABCK1319E3Z6 | Kerala | Active | 01 Jul 2017 |
| 32AABCK1319E4Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kerala State Electronics Development Corporation Limited, buy the company report.
Recent activity
Kerala State Electronics Development Corporation Limited has 56 board changes on record since 2009: 12 appointments and 44 cessations. The latest: Bilu Balakrishna Pillai ceased to be Company Secretary on 10 Jul 2025.
119 earlier events are in the company report.
Frequently asked questions
Kerala State Electronics Development Corporation is an active private limited state government company based in Thiruvananthapuram, Kerala, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 September 1972 (54+ years old) and is registered under CIN U74999KL1972SGC002450.
Kerala State Electronics Development Corporation has 12 current directors:
- Sreekumar Nair - Managing Director
- Kottarathil Naduvil Madhusoodanan - Nominee Director
- Rajeena Beegum - Nominee Director
- Sanjeev Nair - Nominee Director
- Hemachandran Sreedharan - Nominee Director
- Gopakumar Prabhakaran Nair - Nominee Director
- Narayana Moorthy Nilakanta Iyer - Director
- Venkateswara Sachithananda Shenoi - Nominee Director
- Santhakumaran Aji - Nominee Director
- Anand Kesavan Nair - Nominee Director
- Suresh Mohan - Nominee Director
- Miny Govindapillai - Nominee Director
The latest financial statements of Kerala State Electronics Development Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kerala State Electronics Development Corporation is 32AABCK1319E1Z8, registered in Kerala. The company has 20 GST registrations in all, of which 16 are active and 4 are cancelled or inactive. Other active GSTINs include 32AABCK1319E2Z7 (Kerala), 32AABCK1319E3Z6 (Kerala), 32AABCK1319E4Z5 (Kerala).
The CIN (Corporate Identification Number) of Kerala State Electronics Development Corporation is U74999KL1972SGC002450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kerala State Electronics Development Corporation has 175 court cases on record: 64 filed by the company and 111 filed against it. 41 are pending. Most are in the high courts.
Kerala State Electronics Development Corporation was incorporated on 29 September 1972, making it 54+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kerala State Electronics Development Corporation has 3 deals on record (3 funding rounds), with disclosed funding of ₹270.5 Cr; the latest was in March 2023.
Bilu Balakrishna Pillai ceased to be Company Secretary on 10 Jul 2025. Miny Govindapillai was appointed as Nominee Director on 29 Jan 2025. Venkateswara Sachithananda Shenoi ceased to be Nominee Director on 29 Jan 2025. Kerala State Electronics Development Corporation has 56 board changes on record in total.
Kerala State Electronics Development Corporation can be reached through the website keltron.org. Its registered office is in Thiruvananthapuram, Kerala, India.