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

Last Updated: February 11, 2026

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 31 December 2024, with the balance sheet filed on 31 March 2023. It is based at Pm 32/249Thillery Road, Cannanore, Kerala, 670001.

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 as on 11-02-2026
Paid Up Capital ₹ 59.49 Cr as on 11-02-2026
Company Age 57 Year, 9 Months
Last Filing with ROC 31 Mar 2023
Open Charges ₹ 0.15 M as on 11-02-2026
Satisfied Charges ₹ 3.54 Cr as on 11-02-2026
Revenue Growth **** -43.60% (FY 2022)
Profit Growth **** -102.13% (FY 2022)
Ebitda **** -93.54% (FY 2022)
Net Worth -15.66% (FY 2022)
Total Assets **** 4.73% (FY 2022)

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%.

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

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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

********

-43.60%

*******

Revenue from Operations

*******

-57.03%

*******

Total Assets

*******

4.73%

*******

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)

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

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Deals i

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

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

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

The activity 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 7 months 5 days . was completed.
26 Aug 2025
Director Appointment

The activity 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 8 months 12 days . was completed.
19 Jul 2025
Annual General Meeting

Kerala State Handloom Development Corpn Ltd last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records. was recorded as a recent event.
31 Dec 2024
Director Appointment

Progress on 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 5 months . was documented.
26 Oct 2023
Director Appointment

Progress on 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 9 months . was documented.
27 Jun 2023
Director Appointment

Progress on 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 9 months . was documented.
27 Jun 2023

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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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