Aakriti Handicrafts Development Centre Private Limited
About Aakriti Handicrafts Development Centre Private Limited
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Aakriti Handicrafts Development Centre Private Limited is a private limited company based in Moradabad, Uttar Pradesh, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 07 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U93030UP2010PTC040524. Its GSTIN is 09AAJCA1887F1ZG (Uttar Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹41 Lakh. It is led by directors including Anoop Kumar and Sudhanshu Sharma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Lakri Fazalpur Delhi Road, Moradabad, Uttar Pradesh, India – 244001.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.94 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net loss of ₹55.4 Lakh (net margin -28.6%) and EBITDA of ₹2.14 Lakh (EBITDA margin 1.1%).
As per MCA filings, the company has satisfied charges of ₹4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aakriti Handicrafts Development Centre Private Limited's registered office is in Moradabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLakri Fazalpur Delhi Road, Moradabad, Uttar Pradesh, India – 244001
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Aakriti Handicrafts Development Centre 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 Aakriti Handicrafts Development Centre is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Aakriti Handicrafts Development Centre Private Limited, buy the company report.
Financials of Aakriti Handicrafts Development Centre Private Limited
FY 2022 filings availableAakriti Handicrafts Development Centre Private Limited reported revenue of ₹1.94 Cr (up 104% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 104% in the latest year. EBITDA fell 88% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.94 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.14 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹55.4 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | ||
| Net Profit Margin | -28.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Aakriti Handicrafts Development Centre Private Limited, buy the company report.
Board of directors of Aakriti Handicrafts Development Centre Private Limited
Aakriti Handicrafts Development Centre has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veenam Shankhdhar Also directs: Dba Export India Private Limited, Moradabad Corrugation Centre Private Limited, Rampur Cutlery Centre Private Limited and 2 more | Additional Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Anoop Kumar Also directs: Dba Export India Private Limited, Moradabad Corrugation Centre Private Limited, Rampur Cutlery Centre Private Limited and 3 more | Director | 07 May 2010 | 16 Years 5 Months | Current |
| Sudhanshu Sharma Also directs: Rampur Cutlery Centre Private Limited | Director | 07 May 2010 | 16 Years 5 Months | Current |
Auditor
Aakriti Handicrafts Development Centre Private Limited is audited by BHASKAR BANERJEE for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHASKAR BANERJEE | FY 2017 | 054126 |
Shareholding
The shareholding of Aakriti Handicrafts Development Centre Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aakriti Handicrafts Development Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2012 | 10372622 | Export-Import Bank of India | ₹4 Cr | Satisfied |
To see the full charge records of Aakriti Handicrafts Development Centre Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aakriti Handicrafts Development Centre Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aakriti Handicrafts Development Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aakriti Handicrafts Development Centre Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Aakriti Handicrafts Development Centre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCA1887F1ZG | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakriti Handicrafts Development Centre Private Limited, buy the company report.
Recent activity
Aakriti Handicrafts Development Centre Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Sudhanshu Sharma ceased to be Director on 14 Jul 2021.
Frequently asked questions
Aakriti Handicrafts Development Centre is an active private limited company based in Moradabad, Uttar Pradesh, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 07 May 2010 (16+ years old) and is registered under CIN U93030UP2010PTC040524.
Aakriti Handicrafts Development Centre has 3 current directors:
- Veenam Shankhdhar - Additional Director
- Anoop Kumar - Director
- Sudhanshu Sharma - Director
The latest financial statements of Aakriti Handicrafts Development Centre on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakriti Handicrafts Development Centre is 09AAJCA1887F1ZG, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Aakriti Handicrafts Development Centre is U93030UP2010PTC040524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakriti Handicrafts Development Centre was incorporated on 07 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kanpur.
Sudhanshu Sharma ceased to be Director on 14 Jul 2021. Veenam Shankhdhar was appointed as Additional Director on 05 Jul 2021. Anoop Kumar was appointed as Director on 07 May 2010. Aakriti Handicrafts Development Centre has 4 board changes on record in total.
The registered office of Aakriti Handicrafts Development Centre is at Lakri Fazalpur Delhi Road, Moradabad, Uttar Pradesh, India – 244001.
Aakriti Handicrafts Development Centre operates in the home and lifestyle industry, in the handicrafts and artisan products manufacturing segment.
Aakriti Handicrafts Development Centre has no open charges and satisfied charges of ₹4 Cr as per latest MCA filings.