About Malabar Cements Ltd
Data last updated:
Malabar Cements Ltd is a public limited state government company based in Palakkad, Kerala, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 11 April 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U26941KL1978SGC002975. Its GSTIN is 32AABCM5814C1Z2 (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹26.01 Cr. It is led by directors including Kurungattu Vasudevan Balakrishnannair (Managing Director) and Rajendra Prasad Prabhakaran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Regd.Office &Works Walayar, Palakkad, Kerala, India – 678624.
As per the financials filed for FY 2024, the company reported a revenue of ₹225.3 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹27.51 Cr (net margin -12.2%) and EBITDA of -₹20.16 Cr (EBITDA margin -8.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 491 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Malabarcements and Malabar Cements. As per MCA filings, the company has open charges of ₹41.52 Cr and satisfied charges of ₹24.05 Cr on record. Court records list 418 cases involving the company, including 133 filed by the company and 286 filed against it; 53 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 malabarcements.co.in.
Company details
Contact details
Malabar Cements Ltd's registered office is in Palakkad, Kerala. Its website is malabarcements.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRegd.Office &Works Walayar, Palakkad, Kerala, India – 678624
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Malabar Cements 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
Brands
Malabar Cements operates two associated brands: Malabarcements and Malabar Cements. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| malabarcements.co.in | ||
| Cement manufacturing and supply in Kerala as a government undertaking. | malabarcements.com |
Business activity
The main business activity of Malabar Cements is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Malabar Cements Ltd, buy the company report.
Financials of Malabar Cements Ltd
FY 2024 filings availableMalabar Cements Ltd reported revenue of ₹225.3 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 4% fall in the latest year. EBITDA fell 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.51 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.9% | ||||
| Net Profit Margin | -12.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Malabar Cements Ltd, buy the company report.
Board of directors of Malabar Cements Ltd
Malabar Cements has 11 current directors and 68 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Prasad Prabhakaran | Director | 26 Apr 2022 | 4 Years 5 Months | Current |
| Saraswathy Bhaskaran Pillai Raju | Director | 10 Oct 2024 | 2 Years 0 Months | Current |
| Muraleedharan Nair Narayanapanicker Gowriamma | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Kurungattu Vasudevan Balakrishnannair | Managing Director | 26 Apr 2025 | 1 Years 5 Months | Current |
| Lathi Raj | Director | 22 Oct 2022 | 4 Years 0 Months | Current |
| Pandarathil Murali Madhavan | Director | 26 Apr 2022 | 4 Years 5 Months | Current |
Auditor
Malabar Cements Ltd is audited by K.Venkatachalam Aiyer & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.Venkatachalam Aiyer & Co | FY 2023 | 004610S |
Shareholding
The shareholding of Malabar Cements Ltd 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 Cements Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 1985 | 90015507 | Industrial Development Bank of India | ₹3 Cr | Open | |
| 29 Nov 1983 | 90015425 | State Bank of India | ₹35 Cr | Open | |
| 11 Mar 1983 | 90015377 | Industrial Finance Corporation of India | ₹22.5 Lakh | Open | |
| 18 Dec 1982 | 90015369 | Industrial Development Bank of India | ₹79 Lakh | Open | |
| 12 Mar 1981 | 90015324 | Industrial Finance Corporation of India | ₹2.5 Cr | Open |
To see the full charge records of Malabar Cements Ltd, buy the company report.
Total charge records: 20 View all charges
Legal cases
Malabar Cements Ltd has 418 court cases on record: 133 filed by Malabar Cements, 286 filed against it. 53 cases are pending and 365 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 350 | 250 | 48 |
| District courts | 59 | 31 | 5 |
| Supreme Court | 8 | 5 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 418)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Civil suit | Filed by the company against Malabar Readymix Concrete Pvt Limited R | Pending |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by Seaways Shipping and Logistics Ltd. | Disposed |
| District court, Palakkad, Kerala | Civil suit | Filed by the company against Malabar Readymix Concrete Pvt Limited R | Disposed |
| District court, Palakkad, Kerala | Execution petition | Filed by the company against Hamara Periyar Cements Pvt Ltd Rep by Managing Director Palakkad | Disposed |
| NCLT, Chennai | Appeal | Filed by the company against Ark Wood and Metals Private Limited and 4 others | Disposed |
To see the full case history of Malabar Cements 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.
Credit ratings & regulatory alerts
Malabar Cements Ltd was last rated by Crisil on 29 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Feb 2020 |
To see the full credit ratings and regulatory alerts of Malabar Cements Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Malabar Cements Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Malabar Cements Ltd has a workforce of 491 employees on its EPFO records as of Mar 21, 2024, across 2 active EPFO establishments.
GST
Malabar Cements has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCM5814C1Z2 | Kerala | Active | 01 Jul 2017 |
| 32AABCM5814C1DB | Kerala | Active | 14 Sep 2018 |
| 33AABCM5814C1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malabar Cements Ltd, buy the company report.
Recent activity
Malabar Cements Ltd has 77 board changes on record since 2007: 11 appointments and 66 cessations. The latest: Mir Mohammed Ali ceased to be Nominee Director on 09 Oct 2025.
112 earlier events are in the company report.
Frequently asked questions
Malabar Cements is an active public limited state government company based in Palakkad, Kerala, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 11 April 1978 (48+ years old) and is registered under CIN U26941KL1978SGC002975.
Malabar Cements has 11 current directors:
- Kurungattu Vasudevan Balakrishnannair - Managing Director
- Rajendra Prasad Prabhakaran - Director
- Saraswathy Bhaskaran Pillai Raju - Director
- Muraleedharan Nair Narayanapanicker Gowriamma - Director
- Lathi Raj - Director
- Pandarathil Murali Madhavan - Director
- Suresh Babu Narayanan - Director
- Pattatt Vishnuraj - Nominee Director
- Acharath Parakat Mahalil Mohamedhanish - Director
- Valiyaveettil Kassim Rawther Beena Beegom - Director
- Nelson Joseph - Nominee Director
The latest financial statements of Malabar Cements on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Malabar Cements is 32AABCM5814C1Z2, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AABCM5814C1DB (Kerala), 33AABCM5814C1Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of Malabar Cements is U26941KL1978SGC002975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malabar Cements has 418 court cases on record: 133 filed by the company and 286 filed against it. 53 are pending. Most are in the high courts.
Malabar Cements was incorporated on 11 April 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ernakulam.
Mir Mohammed Ali ceased to be Nominee Director on 09 Oct 2025. Pattatt Vishnuraj was appointed as Nominee Director on 09 Oct 2025. Nelson Joseph was appointed as Nominee Director on 18 Jun 2025. Malabar Cements has 77 board changes on record in total.
Malabar Cements can be reached through the website malabarcements.co.in. Its registered office is in Palakkad, Kerala, India.
The registered office of Malabar Cements is at Regd.Office &Works Walayar, Palakkad, Kerala, India – 678624.