The Kerala State Coir Corporation Limited

The Kerala State Coir Corporation Limited - consumer goods in Alappuzha, Kerala, India. FY 2026 financials & compliance.
CIN U17233KL1969SGC002235 Incorporated 19 July 1969 ROC Ernakulam HQ Alappuzha, Kerala, India
Active Public Limited State Government Company consumer goods MSME · Medium
Revenue · FY 2022
₹242.37 Cr
▼ 3% YoY
Net profit · FY 2022
₹54.73 Lakh
Net margin 0.2%
EBITDA · FY 2022
₹2.83 Cr
EBITDA margin 1.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.05 Cr
Issued & subscribed
Open charges
₹63.84 Cr
Satisfied ₹53.65 Cr
Company age
57 yrs
Est. 1969
Employees · EPFO
225
Provident fund records

About The Kerala State Coir Corporation Limited

Data last updated:

The Kerala State Coir Corporation Limited is a public limited state government company based in Alappuzha, Kerala, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 19 July 1969 and has been in existence for over 57 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U17233KL1969SGC002235. Its GSTIN is 32AABCT2045G1ZU (Kerala). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.05 Cr. It is led by directors including Pratheesh Gopalakrishna Panicker (Managing Director) and Gopalan Venugopal.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at P B No 191 Factory Ward Factory Ward, Alappuzha, Kerala, India – 688001.

As per the financials filed for FY 2022, the company reported a revenue of ₹242.37 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹54.73 Lakh (net margin 0.2%) and EBITDA of ₹2.83 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 16% over five years.

The company has about 225 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: The Kerala State Coir Corporation Ltd. As per MCA filings, the company has open charges of ₹63.84 Cr and satisfied charges of ₹53.65 Cr on record. Court records list 109 cases involving the company, including 24 filed by the company and 85 filed against it; 14 cases are pending.

The Kerala State Coir Corporation Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-01-0002938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coircraft.com.

Company details

CIN U17233KL1969SGC002235
Registration Number 002235
Incorporation Date 19 July 1969
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-01-0002938

CIN history

The Kerala State Coir Corporation has one previous CIN (Corporate Identification Number): U17233KL1969PLC002235. The current CIN is U17233KL1969SGC002235, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17233KL1969SGC002235Current
U17233KL1969PLC002235Previous

Recognitions & Rankings of The Kerala State Coir Corporation

MSME (Udyam registered) Ministry of MSME
Category
Medium (2020-21)
Udyam number
UDYAM-KL-01-0002938

Contact details

The Kerala State Coir Corporation Limited's registered office is in Alappuzha, Kerala. Its website is coircraft.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    P B No 191 Factory Ward Factory Ward, Alappuzha, Kerala, India – 688001
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of The Kerala State Coir Corporation Limited, buy the company report.

Comprehensive company report
The Kerala State Coir Corporation Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

The Kerala State Coir Corporation operates one associated brand: The Kerala State Coir Corporation Ltd. Each brand links to its own profile.

BrandDescriptionWebsite
Coir manufacturing and related services in Kerala.coircraft.com

Financials of The Kerala State Coir Corporation Limited

FY 2024 filings available

The Kerala State Coir Corporation Limited reported revenue of ₹242.37 Cr (down 3% YoY) for FY 2022.

Revenue · FY 2022
₹242.37 Cr ▼ 3%
Net profit · FY 2022
₹54.73 Lakh margin 0.2%
EBITDA · FY 2022
₹2.83 Cr margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 9%
5 years · compounded
▲ 16%
EBITDA CAGR growth
3 years · compounded
▲ 61%
5 years · compounded
▲ 14%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹242.37 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.83 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.73 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
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin1.2%
Net Profit Margin0.2%
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 The Kerala State Coir Corporation Limited, buy the company report.

Board of directors of The Kerala State Coir Corporation Limited

The Kerala State Coir Corporation has 8 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopalan VenugopalDirector07 Dec 20214 Years 11 MonthsCurrent
Anie Jula ThomasDirector12 Oct 20233 Years 1 MonthsCurrent
Pratheesh Gopalakrishna PanickerManaging Director18 Apr 20233 Years 6 MonthsCurrent
Rajesh PrakashDirector18 Oct 20242 Years 0 MonthsCurrent
BennyDirector27 Oct 20224 Years 0 MonthsCurrent
Anilkumar Kallupurackal DivakaranDirector27 Oct 20224 Years 0 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

The Kerala State Coir Corporation Limited is audited by L.R Kamath & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
L.R Kamath & Co.FY 2022001703S

Shareholding

The shareholding of The Kerala State Coir Corporation 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of The Kerala State Coir Corporation Limited, buy the company report.

Charges & borrowings

Open charges
₹63.84 Cr
Satisfied charges
₹53.65 Cr
Breakdown by lending institutions
State Bank of India₹33.00 Cr
Others₹20.00 Cr
The South Indian Bank Limited₹9.13 Cr
Union Bank of India₹1.65 Cr
Syndiacate Bank₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jan 2026101225388State Bank of India₹33 CrOpen
26 Mar 2025101076127Others₹20 CrOpen
28 Jun 2018100191896The South Indian Bank Limited₹9.13 CrOpen
29 Aug 200090017930Union Bank of India₹80 LakhOpen
28 Sep 198790015638Union Bank of India₹65 LakhOpen

To see the full charge records of The Kerala State Coir Corporation Limited, buy the company report.

Total charge records: 12 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for The Kerala State Coir Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

The Kerala State Coir Corporation Limited has a workforce of 225 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
225
Active EPFO establishments
2
Employee growth
5.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27225
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of The Kerala State Coir Corporation Limited, buy the company report.

GST

The Kerala State Coir Corporation has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
32AABCT2045G1ZUKeralaActive01 Jul 2017
07AABCT2045G1ZNDelhiActive01 Jul 2017
24AABCT2045G1ZRGujaratActive01 Jul 2017
33AABCT2045G1ZSTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of The Kerala State Coir Corporation Limited, buy the company report.

Recent activity

The Kerala State Coir Corporation Limited has 51 board changes on record since 2008: 8 appointments and 43 cessations. The latest: Rajesh Prakash was appointed as Director on 18 Oct 2024.

Charges
A charge registered on 27 Nov 2024 via Charge ID 101063026 with Canara Bank was fully satisfied on 31 Jan 2026.
Charges
A charge registered on 12 Feb 2021 via Charge ID 100432400 with Canara Bank was fully satisfied on 30 Jan 2026.
Charges
A charge with State Bank Of India amounted to Rs. 33.00 Cr with Charge ID 101225388 was registered on 05 Jan 2026.
AGM
The Kerala State Coir Corporation Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101076127 was registered on 26 Mar 2025.
Charges
A charge registered on 06 Feb 2020 via Charge ID 100324462 with Others was fully satisfied on 25 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 3.00 Cr with Charge ID 101063026 was registered on 27 Nov 2024.
Appointed
Rajesh Prakash was appointed as Director.
Appointed
Acharath Parakat Mahalil Mohamedhanish was appointed as Director.
Ceased
Saurabh Jain ceased to be Director.
Filing
The Kerala State Coir Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Ajit Kumar ceased to be Director.

62 earlier events are in the company report.

Frequently asked questions

The Kerala State Coir Corporation is an active public limited state government company based in Alappuzha, Kerala, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 19 July 1969 (57+ years old) and is registered under CIN U17233KL1969SGC002235.

The Kerala State Coir Corporation has 8 current directors:

The latest financial statements of The Kerala State Coir Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of The Kerala State Coir Corporation is 32AABCT2045G1ZU, registered in Kerala. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 07AABCT2045G1ZN (Delhi), 24AABCT2045G1ZR (Gujarat), 33AABCT2045G1ZS (Tamil Nadu).

The CIN (Corporate Identification Number) of The Kerala State Coir Corporation is U17233KL1969SGC002235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The Kerala State Coir Corporation has 109 court cases on record: 24 filed by the company and 85 filed against it. 14 are pending. Most are in the high courts.

The Kerala State Coir Corporation was incorporated on 19 July 1969, making it 57+ years old. It is registered with the Registrar of Companies, Ernakulam.

Rajesh Prakash was appointed as Director on 18 Oct 2024. Acharath Parakat Mahalil Mohamedhanish was appointed as Director on 24 Jun 2024. Saurabh Jain ceased to be Director on 24 Jun 2024. The Kerala State Coir Corporation has 51 board changes on record in total.

Yes, The Kerala State Coir Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-01-0002938).

The Kerala State Coir Corporation can be reached through the website coircraft.com. Its registered office is in Alappuzha, Kerala, India.