Kerala State Handloom Development Corpn Ltd - Company Profile

It is a manufacturing public limited state government company based in Cannanore, Kerala, India, established in 1968.
1968 Cannanore, Kerala, India Active
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About Kerala State Handloom Development Corpn Ltd

Kerala State Handloom Development Corpn Ltd, a active public limited state government company, was established on 24 June 1968 in Cannanore, Kerala, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U74140KL1968SGC002181. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹59.49 Cr.

It upholds a compliant status. Its leadership includes Shaji Kochugovindan (Nominee Director), Joy Varghese (Nominee Director), Thavam Balakrishnan (Nominee Director). Past directors included Biju Bhaskar Bhaskaran Nair Santhakuma, Suku Sivasankar, Rajappan. It holds ₹0.15 M open charges and ₹3.54 Cr settled loans. Its latest AGM occurred on 30 December 2023, with the balance sheet filed on 31 March 2023. It is based at Pm 32/249Thillery Road, Cannanore, Kerala, 670001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74140KL1968SGC002181

  • Registration Number

    002181

  • Incorporation Date

    24 June 1968

  • Authorized Capital

    ₹60.00 Cr

  • Paid-Up Capital

    ₹59.49 Cr

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 59.49 Cr
  • Company Age 57 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.15 M
  • Satisfied Charges ₹ 3.54 Cr
  • Revenue Growth **** -43.60%
  • Profit Growth **** -102.13%
  • Ebitda **** -93.54%
  • Net Worth -15.66%
  • Total Assets **** 4.73%
Company report

Kerala State Handloom Development Corpn Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Kerala State Handloom Development Corpn Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Kerala State Handloom Development Corpn Ltd?
Current Directors
Name Designation Appointment Date Status
Shaji Kochugovindan Nominee Director 26 Oct 2023 Current
Joy Varghese Nominee Director 27 Jun 2023 Current
Thavam Balakrishnan Nominee Director 27 Jun 2023 Current
Prasad Pathalil Narayanan Nominee Director 20 Sep 2022 Current
Sukumar Arunachalam Managing Director 23 Mar 2022 Current
Govindan Thozhikot Kuttyat Nominee Director 14 Dec 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 11 Jun 2019 Past
Pramod Abcsdd Director 24 Jul 2008 Past
Pramod Abcsdd Nominee Director 13 Mar 2019 Past
Pramod Abcsdd Nominee Director 30 Sep 2016 Past
Pramod Abcsdd Nominee Director 30 Sep 2016 Past
Pramod Abcsdd Nominee Director 31 Jul 2015 Past

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Financial Performance of Kerala State Handloom Development Corpn.

Kerala State Handloom Development Corpn Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 43.6% decrease. The company also saw a substantial fall in profitability, with a 102.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.66%.

Kerala State Handloom Development Corpn revenue growth over time
Kerala State Handloom Development Corpn profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -43.60%
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Revenue from Operations
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 -57.03%
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Total Assets
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 4.73%
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Profit or Loss
*******
 -102.13%
*******
*******
*******
*******
Net Worth
*******
 -15.66%
*******
*******
*******
*******
EBITDA
*******
 -93.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Kerala State Handloom Development Corpn?

In 2023, Kerala State Handloom Development Corpn had a promoter holding of 99.91% and a public holding of 0.09%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹150,000.00

Satisfied Charges

₹35,400,000.00

Charges Breakdown by Lending Institutions
  • The Governor Of Kerala : 0.02 Cr
Latest Charge Details
Date Lender Amount Status
26 Mar 1979 The Governor Of Kerala ₹0.15 M Open
21 Feb 2020 Others ₹2.18 Cr Satisfied
21 Oct 1989 Syndicate Bank ₹0.35 M Satisfied
28 Oct 1983 Syndicate Bank ₹1.00 M Satisfied
24 Nov 1982 Syndicate Bank ₹0.50 M Satisfied

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How Many Employees Work at Kerala State Handloom Development Corpn?

Unlock and access historical data on people associated with Kerala State Handloom Development Corpn, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kerala State Handloom Development Corpn, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Kerala State Handloom Development Corpn's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Kerala State Handloom Development Corpn
Recent Activity within the Organization
  • Director Appointment

    Kripakumar Kulangaravalappil Sasikumar was appointed as a Nominee Director was appointed as a Nominee Director on 26 Aug 2025 & has been associated with this company since 5 months 17 days . was recorded as a recent event.

  • Director Appointment

    Progress on Hema Venugopal was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jul 2025 & has been associated with this company since 6 months 25 days . was documented.

  • Annual General Meeting

    The activity Kerala State Handloom Development Corpn Ltd last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records. was completed.

  • Director Appointment

    The activity Shaji Kochugovindan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Oct 2023 & has been associated with this company since 2 years 3 months . was completed.

  • Director Appointment

    Joy Varghese was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jun 2023 & has been associated with this company since 2 years 7 months . was recorded as a recent event.

  • Director Appointment

    Thavam Balakrishnan was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jun 2023 & has been associated with this company since 2 years 7 months . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Kerala State Handloom Development Corpn Ltd?

The CIN of Kerala State Handloom Development Corpn Ltd is U74140KL1968SGC002181.

Where is Kerala State Handloom Development Corpn Ltd headquartered?

Kerala State Handloom Development Corpn Ltd is headquartered at Pm 32/249Thillery Road, Cannanore, Kerala, 670001.

When was Kerala State Handloom Development Corpn Ltd incorporated?

Kerala State Handloom Development Corpn Ltd was incorporated on 24 June 1968.

Who are the current directors of Kerala State Handloom Development Corpn Ltd?

The current directors of Kerala State Handloom Development Corpn Ltd are

What is the primary industry of Kerala State Handloom Development Corpn Ltd?

The primary industry of Kerala State Handloom Development Corpn Ltd is Manufacturing.

Is Kerala State Handloom Development Corpn Ltd a listed company?

Kerala State Handloom Development Corpn Ltd is unlisted.

What is the capital structure of Kerala State Handloom Development Corpn Ltd?

The authorized capital of Kerala State Handloom Development Corpn Ltd is ₹60.00 Cr, and the paid-up capital is ₹59.49 Cr.

What is the compliance status of Kerala State Handloom Development Corpn Ltd?

The compliance status of Kerala State Handloom Development Corpn Ltd is Compliant.

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