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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Valuation
Investment Thesis
Kerala-based food canning company (est. 1947) registered at CAICO Road, Thrissur. Likely involved in seafood/fish canning given the Cochin geography. Profitable until 2008 but has been loss-making since, with significantly eroded net worth. SEBI enforcement proceedings in 2018 and 2020 add regulatory overhang. 1,929 shareholders on record. Active status but financially distressed — avoid.
Pros
Cons
Business Segments
Food and beverages — canning industry (seafood/fish canning, Cochin/Thrissur, Kerala)
Revenue Model
Revenue generated from the sale of canned and processed food products — likely tropical fruits, vegetables, and pickles — to wholesalers, retailers, or institutional buyers. Kerala's agricultural surplus in coconut, jackfruit, tapioca, and vegetables likely forms the raw material base.
Detailed Analysis
Growth Plans
Kerala's diverse tropical agriculture (coconut, jackfruit, banana, spices) provides rich raw material for premium food canning and export
Growing demand for traditional Kerala food products in diaspora markets and online retail could provide niche market opportunities
Industry Tailwinds
Kerala's diverse tropical agriculture (coconut, jackfruit, banana, spices) provides rich raw material for premium food canning and export
Recent Developments
Comparable Companies
ITC · ~5,00,000 Cr
PE: ~28xx
Frequently Asked Questions
About Canning Industries Cochin (CAICO)
The Canning Industries Cochin Ltd is a Kerala-based company incorporated in 1947, just months after India's independence. The company is registered at CAICO Road, Trichur (Thrissur), Kerala 680006 — the 'CAICO Road' name is an abbreviation of the company's registered identity, suggesting the company was once a significant enough presence in Thrissur to lend its name to a local road. This is a mark of historical prominence in its operating area. The company's name — Canning Industries — evokes a food processing and preservation business, likely established to can and process vegetables, fruits, or seafood products from Kerala's rich agricultural and coastal output. The NIC code classification under 'Growing of vegetables, horticultural specialties and nursery products' is consistent with a vertically integrated model that combines cultivation with processing and canning. Thrissur district in Kerala is known for its agricultural activity, with paddy, coconut, rubber, banana, and vegetables as key crops. The company is managed by a nine-member board including Paul Jose, Chiriyankandath George Joy, Paul Ovungal Raphael, Paul Thalokaren Timothy, Jessy Pavoo, Jose Paul, Mazhuvancheriparambath Kuriakose Aelias, Steephen Vayakadan Devassy, and Abi Davis Parappilly — a board with predominantly Kerala Christian names, consistent with the large Syrian Christian business community in Thrissur. The balance sheet was last filed for FY2023, confirming the company is still operationally active. As a post-independence agricultural and food processing establishment, The Canning Industries Cochin represents Kerala's early agri-industrial heritage. With a road named in its honour (CAICO Road) and a nine-director board reflecting multi-generational family involvement, the company continues to operate quietly as a legacy Kerala enterprise in the horticultural sector.
Key Milestones
1947 — Incorporated in Thrissur (CAICO Road), Kerala as food canning company
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Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
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Shares reach your demat
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Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
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Growing demand for traditional Kerala food products in diaspora markets and online retail could provide niche market opportunities
Industry Headwinds
Inability to scale due to very small capital base relative to capital requirements of modern food processing
FSSAI and export certification compliance costs may be disproportionately burdensome for a small operator
Paid-up capital of only ₹1.81 Cr severely limits investment capacity in modern canning equipment, cold chain, and food safety certifications required to compete today
Source: Company Financial Filings
Large organized food processing companies (ITC, HUL, Dabur, and regional brands) dominate the canned food market, creating intense competition for small players
Source: Media Reports / Public Records
Food processing companies face FSSAI compliance, packaging regulations, and export quality requirements — compliance costs are proportionally heavier for small operators
Source: Regulatory Filings
Paid-up capital of only ₹1.81 Cr severely limits investment capacity in modern canning equipment, cold chain, and food safety certifications required to compete today
Large organized food processing companies (ITC, HUL, Dabur, and regional brands) dominate the canned food market, creating intense competition for small players
Food processing companies face FSSAI compliance, packaging regulations, and export quality requirements — compliance costs are proportionally heavier for small operators
Profitable through 2008; entered continuous loss phase post-2008
2018 & 2020 — SEBI enforcement proceedings against the company
Net worth considerably reduced; 1,929 shareholders as on record