- #458 Mayankutty C ₹7,700 Cr
- #641 Veerankutty K P ₹5,000 Cr

About Malabar Business Centre Private Limited
Data last updated:
Malabar Business Centre Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 09 December 1958 and has been in existence for over 68 years.
Its director Mayankutty C is #458 among India's richest people (2026). Its director Veerankutty K P is #641 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70101KL1958PTC001812. Its GSTIN is 32AADCM5248E1ZS (Kerala).
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors including Jaifer Thayyil (Whole-Time Director) and Mayan Kutty Cholakkal.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16/501 M Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571.
As per the financials filed for FY 2025, the company reported a revenue of ₹903.82 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹45.2 Cr (net margin 5%) and EBITDA of ₹58.35 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹61.07 Cr and satisfied charges of ₹5.58 Cr on record. Court records list 18 cases involving the company, including 15 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malabargoldanddiamonds.com.
Company details
Recognitions & Rankings of Malabar Business Centre
Contact details
Malabar Business Centre Private Limited's registered office is in Kozhikode, Kerala. Its website is malabargoldanddiamonds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16/501 M Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Malabar Business Centre Private 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 activity of Malabar Business Centre is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Malabar Business Centre Private Limited, buy the company report.
Financials of Malabar Business Centre Private Limited
FY 2025 filings availableMalabar Business Centre Private Limited reported revenue of ₹903.82 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 31% 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 |
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| EBITDA | ₹58.35 Cr | ||||
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| Net Profit (PAT) | ₹45.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Malabar Business Centre Private Limited, buy the company report.
Board of directors of Malabar Business Centre Private Limited
Malabar Business Centre has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayan Kutty Cholakkal Also directs: Eham Digital Limited Liability Partnership, Malabar Gold and Diamonds Limited, Malabar Gold Palace Private Limited and 5 more | Director | 18 Dec 2004 | 21 Years 10 Months | Current |
| Kandambath Puthiyapath Veerankutty | Director | 18 Dec 2004 | 21 Years 10 Months | Current |
| Jaifer Thayyil Also directs: Bluecounty Properties Limited Liability Partnership | Whole-Time Director | 18 Dec 2004 | 21 Years 10 Months | Current |
Peer comparison
Malabar Business Centre Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malabar Gold Super Market (Kannur) Private Limited | ₹985.46 Cr (FY 2025) | 33.0% | Kozhikode, Kerala, India | |||
| Attica Gold Private Limited | ₹984.67 Cr (FY 2024) | 16.0% | Bangalore, Karnataka, India | |||
| Malabar Crystals and Diamonds Private Limited | ₹959.67 Cr (FY 2025) | 27.0% | Kozhikode, Kerala, India | |||
| Travancore Gold India Private Limited | ₹918.91 Cr (FY 2025) | 20.0% | Kozhikode, Kerala, India | |||
| Malabar Business Centre Private Limitedthis company | ₹903.82 Cr (FY 2025) | ₹45.2 Cr | 5% | 7.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Malabar Business Centre Private Limited, buy the company report.
Auditor
Malabar Business Centre Private Limited is audited by HAMEED & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAMEED & ASSOCIATES | FY 2023 | 005527S |
Shareholding
The shareholding of Malabar Business Centre Private 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 Malabar Business Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2021 | 100489410 | State Bank of India | ₹97 Lakh | Open | |
| 19 Jan 2013 | 10406286 | State Bank of Travancore | ₹5 Cr | Open | |
| 19 Dec 2012 | 10396518 | State Bank of India | ₹14.1 Cr | Open | |
| 02 Nov 2011 | 10319951 | State Bank of India | ₹25.6 Cr | Open | |
| 30 Mar 2009 | 10156382 | State Bank of India | ₹15.4 Cr | Open |
To see the full charge records of Malabar Business Centre Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Malabar Business Centre Private Limited has 18 court cases on record: 15 filed by Malabar Business Centre, 3 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 4 |
| District courts | 4 | 0 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Riches Jewel Arcade Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against Sequel Logistics P Ltd. and 3 others | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Union of India, | Pending |
| High Court | Writ petition | Filed by the company against Represented by Finance Secretary and 3 others | Pending |
| High Court | Writ petition | Filed by the company against Union of India and 1 other | Pending |
To see the full case history of Malabar Business Centre Private 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
Malabar Business Centre Private Limited was last rated by Crisil on 30 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2021 |
To see the full credit ratings and regulatory alerts of Malabar Business Centre Private Limited, buy the company report.
MSME payment delays
Malabar Business Centre Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 47 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Malabar Equipments and General Traders Private Limited |
To see the full MSME payment records of Malabar Business Centre Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Malabar Business Centre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCM5248E1ZS | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malabar Business Centre Private Limited, buy the company report.
Recent activity
Malabar Business Centre Private Limited has 11 board changes on record since 2004: 3 appointments and 8 cessations. The latest: Jaifer Thayyil ceased to be Director on 11 Jun 2024.
17 earlier events are in the company report.
News
Frequently asked questions
Malabar Business Centre is an active private limited company based in Kozhikode, Kerala, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 09 December 1958 (68+ years old) and is registered under CIN U70101KL1958PTC001812.
Malabar Business Centre has 3 current directors:
- Jaifer Thayyil - Whole-Time Director
- Mayan Kutty Cholakkal - Director
- Kandambath Puthiyapath Veerankutty - Director
The latest financial statements of Malabar Business Centre on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Malabar Business Centre is 32AADCM5248E1ZS, registered in Kerala.
The CIN (Corporate Identification Number) of Malabar Business Centre is U70101KL1958PTC001812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malabar Business Centre has 18 court cases on record: 15 filed by the company and 3 filed against it. 5 are pending. Most are in the high courts.
Malabar Business Centre was incorporated on 09 December 1958, making it 68+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Malabar Business Centre by revenue are Malabar Gold Super Market (Kannur) Private Limited, Attica Gold Private Limited, Malabar Crystals and Diamonds Private Limited, Travancore Gold India Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Jaifer Thayyil ceased to be Director on 11 Jun 2024. Pallikere Ibrahim Abdulla ceased to be Director on 21 Dec 2021. Amjad Hussain Thachempoyil ceased to be Managing Director on 29 Mar 2019. Malabar Business Centre has 11 board changes on record in total.
Malabar Business Centre has 7 MSME Form 1 returns on record between 2019 and 2022, listing 47 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Dec 2022.
Malabar Business Centre can be reached through the website malabargoldanddiamonds.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of Malabar Business Centre is at 16501 M Montana Estate Paingottupuram Peringolam Po, Kozhikode, Kerala, India – 673571.

