Mannarkkad Gold Private Limited
About Mannarkkad Gold Private Limited
Data last updated:
Mannarkkad Gold Private Limited is a private limited company based in Kondotty, Kerala, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 26 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51398KL2013PTC034404. Its GSTIN is 32AAICM7563K1Z4 (Kerala).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.22 Cr. It is led by directors Ibrahimkutty Palasseri (Managing Director) and Abdul Majeed Palasseri.
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 Building No.Kp 4/971K New Fatah Masjid By Pass Road, Kondotty, Kerala, India – 673608.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.11 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Cr (net margin -13.8%) and EBITDA of -₹1.69 Cr (EBITDA margin -12.9%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 15% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.93 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mannarkkad Gold Private Limited's registered office is in Kondotty, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBuilding No.Kp 4/971K New Fatah Masjid By Pass Road, Kondotty, Kerala, India – 673608
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Mannarkkad Gold 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 Mannarkkad Gold 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 Mannarkkad Gold Private Limited, buy the company report.
Financials of Mannarkkad Gold Private Limited
FY 2024 filings availableMannarkkad Gold Private Limited reported revenue of ₹13.11 Cr (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 47% fall in the latest year. EBITDA rose 22% 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 | -₹1.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.8 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 | -12.9% | ||||
| Net Profit Margin | -13.8% | ||||
| 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 Mannarkkad Gold Private Limited, buy the company report.
Board of directors of Mannarkkad Gold Private Limited
Mannarkkad Gold has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahimkutty Palasseri Also directs: Techno Mark Trading LLP, Perinthalmanna Gold LLP, Vgabm Gold Limited Liability Partnership and 5 more | Managing Director | 26 Jun 2013 | 13 Years 3 Months | Current |
| Abdul Majeed Palasseri Also directs: Techno Mark Trading LLP, Perinthalmanna Gold LLP, Vgabm Gold Limited Liability Partnership and 5 more | Director | 26 Jun 2013 | 13 Years 3 Months | Current |
Auditor
Mannarkkad Gold Private Limited is audited by HAMID HUSSAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAMID HUSSAIN & CO | FY 2018 | 010504S |
Shareholding
The shareholding of Mannarkkad Gold Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mannarkkad Gold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2023 | 100809051 | Hdfc Bank Limited | ₹6.93 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Mannarkkad Gold Private Limited has 4 court cases on record: 4 filed by Mannarkkad Gold. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Asst. Commissioner (Intelligence) | Pending |
| High Court of Kerala | Writ petition | Filed by the company against The State of Kerala | Pending |
| High Court | Writ petition | Filed by the company against The State of Kerala and 2 others | Pending |
| High Court | Writ petition | Filed by the company against State Tax Officer | Disposed |
To see the full case history of Mannarkkad Gold 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mannarkkad Gold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mannarkkad Gold Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mannarkkad Gold has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICM7563K1Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mannarkkad Gold Private Limited, buy the company report.
Recent activity
Mannarkkad Gold Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Hajara ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Mannarkkad Gold is an active private limited company based in Kondotty, Kerala, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 26 June 2013 (13+ years old) and is registered under CIN U51398KL2013PTC034404.
Mannarkkad Gold has 2 current directors:
- Ibrahimkutty Palasseri - Managing Director
- Abdul Majeed Palasseri - Director
The latest financial statements of Mannarkkad Gold 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 Mannarkkad Gold is 32AAICM7563K1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of Mannarkkad Gold is U51398KL2013PTC034404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mannarkkad Gold has 4 court cases on record: 4 filed by the company. 3 are pending.
Mannarkkad Gold was incorporated on 26 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Hajara ceased to be Additional Director on 29 Sep 2018. Maimoona Abdul Majeed ceased to be Additional Director on 29 Sep 2018. Abdul Majeed Palasseri was appointed as Director on 26 Jun 2013. Mannarkkad Gold has 4 board changes on record in total.
The registered office of Mannarkkad Gold is at Building No.Kp 4971K New Fatah Masjid By Pass Road, Kondotty, Kerala, India – 673608.
Mannarkkad Gold operates in the consumer goods industry, in the watches and jewelry manufacturing segment.