About Carreg Commodities Private Limited
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Carreg Commodities Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the agricultural support services segment of the agriculture sector. It was incorporated on 26 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51101KA2010PTC056013. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Jacintha Pancikeer Prasad (Managing Director) and Krishnan Sivaprasad.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Ponmudi Cottage Ombathukere Ullal, Mangalore, Karnataka, India – 575020.
As per the financials filed for FY 2018, the company reported a revenue of ₹29.63 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹9.71 Lakh (net margin 0.3%) and EBITDA of ₹32.14 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
As per MCA filings, the company has satisfied charges of ₹7.74 Cr on record. Court records list 26 cases involving the company, including 14 filed by the company and 12 filed against it; 13 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 carreg.in.
Company details
Contact details
Carreg Commodities Private Limited's registered office is in Mangalore, Karnataka. Its website is carreg.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPonmudi Cottage Ombathukere Ullal, Mangalore, Karnataka, India – 575020
- IndustryAgriculture, Agricultural Support Services, Hunting
To see the full contact details of Carreg Commodities 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 Carreg Commodities is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Carreg Commodities Private Limited, buy the company report.
Financials of Carreg Commodities Private Limited
FY 2018 filings availableCarreg Commodities Private Limited reported revenue of ₹29.63 Cr (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 63% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹29.63 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹32.14 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹9.71 Lakh | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.1% | |||
| Net Profit Margin | 0.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| 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 Carreg Commodities Private Limited, buy the company report.
Board of directors of Carreg Commodities Private Limited
Carreg Commodities has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Sivaprasad | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
| Jacintha Pancikeer Prasad | Managing Director | 26 Nov 2010 | 15 Years 10 Months | Current |
Shareholding
The shareholding of Carreg Commodities Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Carreg Commodities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2015 | 10616622 | Corporation Bank | ₹5 Cr | Satisfied | |
| 01 Feb 2014 | 10485280 | Corporation Bank | ₹2.5 Cr | Satisfied | |
| 02 Aug 2011 | 10304477 | Corporation Bank | ₹24 Lakh | Satisfied |
To see the full charge records of Carreg Commodities Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Carreg Commodities Private Limited has 26 court cases on record: 14 filed by Carreg Commodities, 12 filed against it. 13 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 6 | 8 |
| District courts | 7 | 6 | 5 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by PNB Housing Finance Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. PNB Housing Finance Ltd, Rep.By Pradeep Kumar | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against M/S PNB Housing Finance Ltd | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by PNB Housing Finance Ltd. | Pending |
| High Court of Karnataka | Appeal | Filed against the company by M/S Virtuous Urja Ltd | Pending |
To see the full case history of Carreg Commodities 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
Carreg Commodities Private Limited was last rated by Crisil on 13 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Aug 2020 |
To see the full credit ratings and regulatory alerts of Carreg Commodities Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Carreg Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Carreg Commodities has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Carreg Commodities Private Limited, buy the company report.
Recent activity
Carreg Commodities Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Sanjed Aloysius Pais ceased to be Whole-Time Director on 06 Mar 2020.
1 earlier event is in the company report.
Frequently asked questions
Carreg Commodities is an active private limited company based in Mangalore, Karnataka, India. The company works in agricultural support services, within the agriculture industry. It was incorporated on 26 November 2010 (16+ years old) and is registered under CIN U51101KA2010PTC056013.
Carreg Commodities has 2 current directors:
- Jacintha Pancikeer Prasad - Managing Director
- Krishnan Sivaprasad - Director
The latest financial statements of Carreg Commodities on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Carreg Commodities has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Carreg Commodities is U51101KA2010PTC056013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carreg Commodities has 26 court cases on record: 14 filed by the company and 12 filed against it. 13 are pending. Most are in the high courts.
Carreg Commodities was incorporated on 26 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Sanjed Aloysius Pais ceased to be Whole-Time Director on 06 Mar 2020. Krishnan Sivaprasad was appointed as Director on 02 Mar 2020. Jacintha Pancikeer Prasad was appointed as Managing Director on 26 Nov 2010.
Carreg Commodities can be reached through the website carreg.in. Its registered office is in Mangalore, Karnataka, India.
The registered office of Carreg Commodities is at Ponmudi Cottage Ombathukere Ullal, Mangalore, Karnataka, India – 575020.