About Kerala State Financial Enterprises Ltd
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Kerala State Financial Enterprises Ltd is a private limited state government company based in Thrissur, Kerala, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 06 November 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65923KL1969SGC002249. Its GSTIN is 32AABCT3817A1Z0 (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹200 Cr. It was formerly known as The Kerala State Financial Enterprises Ltd. It is led by directors including Sanil Sudhakaran Nair Kamala (Managing Director) and Govindan Pallikappil.
Its last annual general meeting (AGM) was held on 05 December 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P B No 510 Bhadratha Museum Road, Thrissur, Kerala, India – 680020.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,555.17 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹375.51 Cr (net margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 9,161 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KSFE. As per MCA filings, the company has open charges of ₹3,970.05 Cr and satisfied charges of ₹12,530 Cr on record. Court records list 3,517 cases involving the company, including 564 filed by the company and 2,954 filed against it; 549 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in October 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ksfe.com.
Company details
Contact details
Kerala State Financial Enterprises Ltd's registered office is in Thrissur, Kerala. Its website is ksfe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressP B No 510 Bhadratha Museum Road, Thrissur, Kerala, India – 680020
- IndustryFinancial Services, NBFC
To see the full contact details of Kerala State Financial Enterprises 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
Business activity
The main business activity of Kerala State Financial Enterprises is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Kerala State Financial Enterprises Ltd, buy the company report.
Financials of Kerala State Financial Enterprises Ltd
FY 2025 filings availableKerala State Financial Enterprises Ltd reported revenue of ₹5,555.17 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5,555.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹375.51 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kerala State Financial Enterprises Ltd, buy the company report.
Board of directors of Kerala State Financial Enterprises Ltd
Kerala State Financial Enterprises has 12 current directors and 71 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindan Pallikappil | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Preetha Sukumaran Nair | Director | 02 Sep 2021 | 5 Years 2 Months | Current |
| Varadarajan | Director | 06 Dec 2021 | 4 Years 11 Months | Current |
| Udiniparambil Poulose Joseph | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Raghavan Chandroth Mundayadan | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Sanil Sudhakaran Nair Kamala | Managing Director | 01 Dec 2022 | 3 Years 11 Months | Current |
Auditor
Kerala State Financial Enterprises Ltd is audited by ABRAHAM & JOSE for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABRAHAM & JOSE | FY 2025 | 000010S |
Shareholding
The shareholding of Kerala State Financial Enterprises Ltd is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kerala State Financial Enterprises Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101211478 | Canara Bank | ₹250 Cr | Open | |
| 31 May 2025 | 101103809 | Canara Bank | ₹500 Cr | Open | |
| 29 Jun 2024 | 100952561 | Others | ₹120 Cr | Open | |
| 14 Aug 2023 | 100761564 | Indian Overseas Bank | ₹500 Cr | Open | |
| 15 Nov 2021 | 100507849 | State Bank of India | ₹700 Cr | Open |
To see the full charge records of Kerala State Financial Enterprises Ltd, buy the company report.
Total charge records: 49 View all charges
Deals & funding
Kerala State Financial Enterprises Ltd has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in October 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Rights issue | ₹30 Cr | Investors: an individual |
| Apr 2009 | Funding round | ₹10 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kerala State Financial Enterprises Ltd has 3,517 court cases on record: 564 filed by Kerala State Financial Enterprises, 2,954 filed against it. 549 cases are pending and 2,968 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2,880 | 2,708 | 451 |
| District courts | 619 | 239 | 92 |
| Supreme Court | 18 | 7 | 6 |
Cases on record (5 of 3,517)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (4304-Service Laws : Retiral benefits, pension) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (4304-Service Laws : Retiral benefits, pension) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed by the company against individuals | Pending |
To see the full case history of Kerala State Financial Enterprises Ltd, 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 Kerala State Financial Enterprises Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kerala State Financial Enterprises Ltd has a workforce of 9,161 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9,161 |
| 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 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Kerala State Financial Enterprises Ltd, buy the company report.
GST
Kerala State Financial Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCT3817A1Z0 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kerala State Financial Enterprises Ltd, buy the company report.
Recent activity
Kerala State Financial Enterprises Ltd has 152 board changes on record since 2003: 82 appointments and 70 cessations. The latest: Jennings Jacob was appointed as Director on 05 Sep 2024.
237 earlier events are in the company report.
Frequently asked questions
Kerala State Financial Enterprises is an active private limited state government company based in Thrissur, Kerala, India. The company works in nbfc, within the financial services industry. It was incorporated on 06 November 1969 (57+ years old) and is registered under CIN U65923KL1969SGC002249.
Kerala State Financial Enterprises has 12 current directors:
- Sanil Sudhakaran Nair Kamala - Managing Director
- Govindan Pallikappil - Director
- Preetha Sukumaran Nair - Director
- Varadarajan - Director
- Udiniparambil Poulose Joseph - Director
- Raghavan Chandroth Mundayadan - Director
- Ramanalukkal Shah Mohammed - Director
- Sasikumar Kumaran - Director
- Thenenchery Narendran - Director
- Jennings Jacob - Director
- Sreedhanya Suresh - Director
- Manoj Krishnankutty - Director
The latest financial statements of Kerala State Financial Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kerala State Financial Enterprises is 32AABCT3817A1Z0, 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 Financial Enterprises is U65923KL1969SGC002249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kerala State Financial Enterprises has 3,517 court cases on record: 564 filed by the company and 2,954 filed against it. 549 are pending. Most are in the high courts.
Kerala State Financial Enterprises was incorporated on 06 November 1969, making it 57+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kerala State Financial Enterprises has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in October 2015.
Jennings Jacob was appointed as Director on 05 Sep 2024. Joseph Thomas Veliparambil ceased to be Director on 04 Sep 2024. Rudramuni Dodderi Meghashree ceased to be Director on 03 Jan 2024. Kerala State Financial Enterprises has 152 board changes on record in total.
Kerala State Financial Enterprises can be reached through the website ksfe.com. Its registered office is in Thrissur, Kerala, India.
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