MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0013872
Kanara Consumer Products Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹83.65 Cr
▼ 78% YoY
Net profit · FY 2025
₹75.33 Cr
Net margin 90%
EBITDA · FY 2025
-₹24.74 Cr
EBITDA margin -29.6%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹14.88 Cr
Issued & subscribed
Satisfied charges
₹669.67 Cr
No open charges
Company age
64 yrs
Est. 1962
Employees · EPFO
110
Provident fund records
About Kanara Consumer Products Limited
Data last updated:
Kanara Consumer Products Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 09 February 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U68100KA1962PLC001443. The company has 18 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹14.88 Cr. It was formerly known as Karnataka Coir Products Limited and Kurlon Limited. It is led by directors including Kuthethoor Venugopal Shetty and Jyothi Ashish Pradhan.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at N – 301 III Floor North Block Front Wing Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.65 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹75.33 Cr (net margin 90%) and EBITDA of -₹24.74 Cr (EBITDA margin -29.6%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 37% over five years.
The company has about 110 employees on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries.
The company is associated with 1 brand: Kurlon. As per MCA filings, the company has satisfied charges of ₹669.67 Cr on record. Court records list 498 cases involving the company, including 375 filed by the company and 124 filed against it; 53 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹74.4 Lakh; the latest was in May 2006. The company has 5 MSME Form 1 returns on record between 2020 and 2022, listing 43 overdue payments to 13 micro and small suppliers.
Kanara Consumer Products Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0013872). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kurlon.com.
Company details
CIN U68100KA1962PLC001443
Registration Number 001443
Incorporation Date 09 February 1962
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 June 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0013872
Name history
Kanara Consumer Products has undergone 2 name changes throughout its history. The company was previously known as Karnataka Coir Products Limited, and Kurlon Limited. The current legal name is Kanara Consumer Products Limited.
| Company Name | Status |
|---|---|
| Kanara Consumer Products Limited | Current |
| Karnataka Coir Products Limited | Previous |
| Kurlon Limited | Previous |
CIN history
Kanara Consumer Products has one previous CIN (Corporate Identification Number): U17214KA1962PLC001443. The current CIN is U68100KA1962PLC001443, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100KA1962PLC001443 | Current |
| U17214KA1962PLC001443 | Previous |
Key People
Madhusudan Kudlugi Raghavendrarao Cfo Kuthethoor Venugopal Shetty Director Jyothi Ashish Pradhan Director Recognitions & Rankings of Kanara Consumer Products
Contact details
Kanara Consumer Products Limited's registered office is in Bangalore, Karnataka. Its website is kurlon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressN – 301 III Floor North Block Front Wing Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Kanara Consumer Products Limited, buy the company report.
Comprehensive company report
Kanara Consumer Products 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
Kanara Consumer Products operates one associated brand: Kurlon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kurlon is recognized as a leading mattress brand in India. | kurlon.com |
Financials of Kanara Consumer Products Limited
FY 2025 filings availableKanara Consumer Products Limited reported revenue of ₹83.65 Cr (down 78% YoY) for FY 2025.
Revenue · FY 2025
₹83.65 Cr ▼ 78%
Net profit · FY 2025
₹75.33 Cr margin 90%
EBITDA · FY 2025
-₹24.74 Cr margin -29.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 49%
5 years · compounded
▼ 37%
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 78% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹83.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75.33 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.6% | ||||
| Net Profit Margin | 90% | ||||
| 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 Kanara Consumer Products Limited, buy the company report.
Board of directors and KMP of Kanara Consumer Products Limited
Kanara Consumer Products Limited currently reports 7 directors and 1 key managerial person. 20 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuthethoor Venugopal Shetty Also directs: The Karnataka Theatres Limited | Director | 22 Jun 2021 | 5 Years 4 Months | Current |
| Madhusudan Kudlugi Raghavendrarao Also directs: Nutritotal India Private Limited, Manipal Natural Private Limited, Canara Steel and Real Estates Limited and 3 more | Cfo | 01 May 2023 | 3 Years 5 Months | Current |
| Jyothi Ashish Pradhan Also directs: Manipal Travels (India ) LLP, Nav Yuj Private Limited, Manipal Holdings Private Limited and 3 more | Director | 05 Nov 2015 | 10 Years 11 Months | Current |
| Ganesh Shenoy Basavanagudi Also directs: Ganesh Consumer Products Limited | Additional Director | 25 May 2026 | 0 Years 5 Months | Current |
| Jaya Sudhakar Pai Also directs: Manipal Travels (India ) LLP, Nav Yuj Private Limited, Manipal Holdings Private Limited and 4 more | Director | 11 Mar 2005 | 21 Years 7 Months | Current |
| Deepa Sudhakar Pai | Director | 05 Nov 2015 | 10 Years 11 Months | Current |
Showing 6 of 8 current directors and KMP. View all directors and KMP
Auditor
Kanara Consumer Products Limited is audited by Nangia & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nangia & Co. LLP | FY 2025 | 002391C/N500069 |
Shareholding
The shareholding of Kanara Consumer Products Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kanara Consumer Products Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹669.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2022 | 100603603 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied | |
| 29 Jan 2022 | 100544437 | Canara Bank | ₹1.35 Cr | Satisfied | |
| 17 Jan 2022 | 100544910 | Canara Bank | ₹62.93 Cr | Satisfied | |
| 10 Sep 2018 | 100207482 | Others | ₹3 Cr | Satisfied | |
| 20 Mar 2018 | 100184102 | The Zoroastrian Co-Operative Bank Limited | ₹1.2 Cr | Satisfied |
To see the full charge records of Kanara Consumer Products Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Kanara Consumer Products Limited has 1 deal on record (1 funding round), with disclosed funding of ₹74.4 Lakh; the latest was in May 2006.
Total deals
1
Funding round
1
Disclosed funding
₹74.4 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2006 | Funding round | ₹74.4 Lakh | Investors: Cci Limited , Others - Kurlon Limited, Chitrakala IT & BF Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanara Consumer Products Limited has 498 court cases on record: 375 filed by Kanara Consumer Products, 124 filed against it. 53 cases are pending and 445 are disposed.
Total cases
498
Filed by the company
375
Filed against the company
124
Pending
53
Disposed
445
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 342 | 46 | 26 |
| High courts | 140 | 70 | 26 |
| Supreme Court | 7 | 2 | 0 |
| NCLT | 5 | 2 | 1 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 498)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S India Greenreality Limited and 1 other | Pending |
| NCLT, NCLT Ahmedabad | Insolvency matter | Filed by the company against India Green Reality Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed by the company against Peps Industries Pvt. Ltd. and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Kurlon Limited & Anr and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Kurlon Limited & Anr and 1 other | Disposed |
To see the full case history of Kanara Consumer Products 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
Kanara Consumer Products Limited was last rated by Icra on 15 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Feb 2022 |
To see the full credit ratings and regulatory alerts of Kanara Consumer Products Limited, buy the company report.
MSME payment delays
Kanara Consumer Products Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 43 overdue payments to 13 micro and small suppliers. 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 (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Global Textile Alliance India Private Limited | |||
| an individual supplier | |||
| Palme Polypack Private Limited | |||
| an individual supplier | |||
| Classic Welding Products Private Limited |
To see the full MSME payment records of Kanara Consumer Products Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kanara Consumer Products has 12 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
12
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Manipal Natural Private Limited | U24290KA2019PTC130068 | |
| Kurlon Enterprise Limited | U36101MH2011PLC222657 | |
| Kurlon Retail Limited | U36104MH2012PLC428940 | |
| Starship Value Chain and Manufacturing Private Limited | U36900MH2020PTC432198 | |
| Sevalal Solar Private Limited | U40106KA2016PTC094328 | |
| Sirar Solar Energies Private Limited | U40106KA2016PTC097367 |
To see the full group structure of Kanara Consumer Products Limited, buy the company report.
Employees & EPFO
Kanara Consumer Products Limited has a workforce of 110 employees on its EPFO records as of Oct 09, 2025, across 2 active EPFO establishments.
Employee count
110
Active EPFO establishments
2
Employee growth
1.85%
GST
Kanara Consumer Products has 18 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
18
Cancelled / inactive
18
To see the full GST registrations and return filing status of Kanara Consumer Products Limited, buy the company report.
Recent activity
Kanara Consumer Products Limited has 17 board changes on record since 2005: 8 appointments and 9 cessations. The latest: Ganesh Shenoy Basavanagudi was appointed as Additional Director on 25 May 2026.
Appointed
Ganesh Shenoy Basavanagudi was appointed as Additional Director.
Appointed
Tonse Sudhakar Pai was appointed as Additional Director.
AGM
Kanara Consumer Products Limited last Annual general meeting of members was held on 23 Jun 2025 as per latest MCA records.
Filing
Kanara Consumer Products Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 17 Jan 2022 via Charge ID 100544910 with Canara Bank was fully satisfied on 05 Mar 2024.
Charges
A charge registered on 12 Aug 2022 via Charge ID 100603603 with Idbi Trusteeship Services Limited was fully satisfied on 07 Nov 2023.
Charges
A charge registered on 29 Jan 2022 via Charge ID 100544437 with Canara Bank was fully satisfied on 06 Nov 2023.
Charges
A charge registered on 20 Mar 2018 via Charge ID 100184102 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 21 Aug 2023.
Appointed
Madhusudan Kudlugi Raghavendrarao was appointed as CFO.
Ceased
Sanjoy Khan ceased to be CFO.
Charges
A charge registered on 21 Sep 2017 via Charge ID 100138453 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 16 Nov 2022.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 200.00 Cr registered on 12 Aug 2022 with Charge ID 100603603 was modified on 27 Sep 2022.
88 earlier events are in the company report.
News
Frequently asked questions
Kanara Consumer Products is an active public limited company based in Bangalore, Karnataka, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 09 February 1962 (64+ years old) and is registered under CIN U68100KA1962PLC001443.
Kanara Consumer Products has 8 current directors and KMP:
- Kuthethoor Venugopal Shetty - Director
- Jyothi Ashish Pradhan - Director
- Ganesh Shenoy Basavanagudi - Additional Director
- Jaya Sudhakar Pai - Director
- Deepa Sudhakar Pai - Director
- Santhosh Kamath - Director
- Tonse Sudhakar Pai - Additional Director
- Madhusudan Kudlugi Raghavendrarao - Cfo
The latest financial statements of Kanara Consumer Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
No. Kanara Consumer Products has 18 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kanara Consumer Products is U68100KA1962PLC001443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanara Consumer Products has 498 court cases on record: 375 filed by the company and 124 filed against it. 53 are pending. Most are in the district courts.
Kanara Consumer Products was incorporated on 09 February 1962, making it 64+ years old. It is registered with the Registrar of Companies, Bangalore.
Kanara Consumer Products has 1 deal on record (1 funding round), with disclosed funding of ₹74.4 Lakh; the latest was in May 2006.
Ganesh Shenoy Basavanagudi was appointed as Additional Director on 25 May 2026. Tonse Sudhakar Pai was appointed as Additional Director on 25 May 2026. Madhusudan Kudlugi Raghavendrarao was appointed as CFO on 01 May 2023. Kanara Consumer Products has 17 board changes on record in total.
Yes, Kanara Consumer Products is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0013872).
Kanara Consumer Products has 5 MSME Form 1 returns on record between 2020 and 2022, listing 43 overdue payments to 13 micro and small suppliers. The latest return was filed on 28 Apr 2022.