MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-KL-07-0001144
Neerakkal Latex Private Limited - manufacturing in Kottayam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.7 Cr
▼ 21% YoY
Net profit · FY 2024
₹30.08 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹2.47 Cr
EBITDA margin 3.6%
Authorised capital
₹10.5 Cr
Registered with MCA
Paid-up capital
₹9.52 Cr
Issued & subscribed
Open charges
₹14.39 Cr
Satisfied ₹45.01 Cr
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Neerakkal Latex Private Limited
Data last updated:
Neerakkal Latex Private Limited is a private limited company based in Kottayam, Kerala, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 30 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25199KL2002PTC015211.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹9.52 Cr. It is led by directors James Neerakkal Joseph (Managing Director) and Tino James (Whole-Time Director).
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 House No VIII/165 Neerakkal House Muttuchira Post, Kottayam, Kerala, India – 686613.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.7 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹30.08 Lakh (net margin 0.4%) and EBITDA of ₹2.47 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹14.39 Cr and satisfied charges of ₹45.01 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
Neerakkal Latex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-07-0001144). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neerakkallatex.co.in.
Company details
CIN U25199KL2002PTC015211
Registration Number 015211
Incorporation Date 30 January 2002
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-07-0001144
Recognitions & Rankings of Neerakkal Latex
Contact details
Neerakkal Latex Private Limited's registered office is in Kottayam, Kerala. Its website is neerakkallatex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No VIII/165 Neerakkal House Muttuchira Post, Kottayam, Kerala, India – 686613
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Neerakkal Latex Private Limited, buy the company report.
Comprehensive company report
Neerakkal Latex Private 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
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Business activity
The main business activity of Neerakkal Latex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Neerakkal Latex Private Limited, buy the company report.
Financials of Neerakkal Latex Private Limited
FY 2024 filings availableNeerakkal Latex Private Limited reported revenue of ₹68.7 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹68.7 Cr ▼ 21%
Net profit · FY 2024
₹30.08 Lakh margin 0.4%
EBITDA · FY 2024
₹2.47 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 7%
5 years · compounded
▲ 2%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 33% 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 | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.08 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Neerakkal Latex Private Limited, buy the company report.
Board of directors of Neerakkal Latex Private Limited
Neerakkal Latex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| James Neerakkal Joseph Also directs: Neerakkal Plantations Private Limited | Managing Director | 30 Jan 2002 | 24 Years 9 Months | Current |
| Tino James Also directs: Neerakkal Plantations Private Limited | Whole-Time Director | 30 Jan 2002 | 24 Years 9 Months | Current |
Peer comparison
Neerakkal Latex Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divekar Wallstabe & Schneider Precision Seals Private Limited | ₹72.75 Cr (FY 2025) | 21.0% | Thane, Maharashtra, India | |||
| Lathia Rubber Manufacfacturing Co Private Limited | ₹71.64 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Calstar Steel Limited | ₹70.85 Cr (FY 2025) | -8.0% | Kolokata, West Bengal, India | |||
| Sai Supreme Manufacturing Private Limited | ₹70.37 Cr (FY 2024) | -12.0% | Faridabad, Haryana, India | |||
| Flooratex Rubber & Plastics Private Limited | ₹68.75 Cr (FY 2024) | 18.0% | Alappuzha, Kerala, India | |||
| Neerakkal Latex Private Limitedthis company | ₹68.7 Cr (FY 2024) | ₹30.08 Lakh | 0.4% | -21.0% | Kottayam, Kerala, India | |
| Omfa Rubbers Limited | ₹68.57 Cr (FY 2024) | 9.0% | Gautam Buddha Nagar, Uttar Pradesh, India | |||
| Jasmino Corporation Limited | ₹68.38 Cr (FY 2024) | 52.0% | Panvel, Maharashtra, India | |||
| Silverstone Rubber India Private Limited | ₹67 Cr (FY 2025) | 19.0% | Vithura, Kerala, India | |||
| Cori Engineers Private Limited | ₹65.39 Cr (FY 2025) | 6.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Neerakkal Latex Private Limited, buy the company report.
Auditor
Neerakkal Latex Private Limited is audited by P T Bastin for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P T Bastin | FY 2023 |
Shareholding
The shareholding of Neerakkal Latex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neerakkal Latex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.39 Cr
Satisfied charges
₹45.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2021 | 100519963 | State Bank of India | ₹1.15 Cr | Open | |
| 30 Jun 2020 | 100361231 | State Bank of India | ₹2.25 Cr | Open | |
| 14 May 2014 | 10530984 | State Bank of India | ₹10.99 Cr | Open | |
| 22 Dec 2010 | 10261943 | State Bank of Travancore | ₹15 Cr | Satisfied | |
| 18 Jan 2008 | 10087065 | Axis Bank Ltd | ₹11.25 Cr | Satisfied |
To see the full charge records of Neerakkal Latex Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Neerakkal Latex Private Limited has 5 court cases on record: 5 filed by Neerakkal Latex. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against The Kerala State Pollution Control Board, | Pending |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner, and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Appeal | Filed by the company against individuals | Disposed |
To see the full case history of Neerakkal Latex 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 Neerakkal Latex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Neerakkal Latex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neerakkal Latex Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: James Neerakkal Joseph was appointed as Managing Director on 30 Jan 2002.
AGM
Neerakkal Latex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Neerakkal Latex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 10.99 Cr registered on 14 May 2014 with Charge ID 10530984 was modified on 15 Feb 2022.
Charges
A charge with State Bank Of India amounted to Rs. 1.15 Cr with Charge ID 100519963 was registered on 18 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2.25 Cr with Charge ID 100361231 was registered on 30 Jun 2020.
Charges
A charge registered on 22 Dec 2010 via Charge ID 10261943 with State Bank Of Travancore was fully satisfied on 19 Nov 2014.
Charges
A charge with State Bank Of India amounted to Rs. 10.99 Cr with Charge ID 10530984 was registered on 14 May 2014.
Charges
A charge registered on 30 Dec 2005 via Charge ID 80067135 with State Bank Of Travancore was fully satisfied on 14 Feb 2014.
Charges
A charge registered on 25 Oct 2002 via Charge ID 80067134 with State Bank Of Travancore was fully satisfied on 14 Feb 2014.
Charges
A charge registered on 18 Jan 2008 via Charge ID 10087065 with Axis Bank Ltd was fully satisfied on 02 Feb 2011.
Charges
A charge with State Bank Of Travancore amounted to Rs. 15.00 Cr with Charge ID 10261943 was registered on 22 Dec 2010.
Charges
A charge with Axis Bank Ltd of Rs. 11.25 Cr registered on 18 Jan 2008 with Charge ID 10087065 was modified on 27 Mar 2009.
17 earlier events are in the company report.
Frequently asked questions
Neerakkal Latex is an active private limited company based in Kottayam, Kerala, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 30 January 2002 (24+ years old) and is registered under CIN U25199KL2002PTC015211.
Neerakkal Latex has 2 current directors:
- James Neerakkal Joseph - Managing Director
- Tino James - Whole-Time Director
The latest financial statements of Neerakkal Latex 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 CIN (Corporate Identification Number) of Neerakkal Latex is U25199KL2002PTC015211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neerakkal Latex has 5 court cases on record: 5 filed by the company. 1 is pending.
Neerakkal Latex was incorporated on 30 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Neerakkal Latex by revenue are Divekar Wallstabe & Schneider Precision Seals Private Limited, Lathia Rubber Manufacfacturing Co Private Limited, Calstar Steel Limited, Sai Supreme Manufacturing Private Limited, Flooratex Rubber & Plastics Private Limited and 4 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
James Neerakkal Joseph was appointed as Managing Director on 30 Jan 2002. Tino James was appointed as Whole-Time Director on 30 Jan 2002.
Yes, Neerakkal Latex is registered as a small enterprise under Udyam registration (number: UDYAM-KL-07-0001144).
Neerakkal Latex can be reached through the website neerakkallatex.co.in. Its registered office is in Kottayam, Kerala, India.
The registered office of Neerakkal Latex is at House No VIII165 Neerakkal House Muttuchira Post, Kottayam, Kerala, India – 686613.
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