Chakolas Decorette Private Limited

Chakolas Decorette Private Limited - home & lifestyle in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U52390KL2011PTC028803 Incorporated 05 July 2011 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company home and lifestyle
Data last updated
Revenue · FY 2021
₹53.38 Lakh
▼ 45% YoY
Net loss · FY 2021
₹14.75 Lakh
Net margin -27.6%
EBITDA · FY 2021
-₹24.64 Lakh
EBITDA margin -46.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.02 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Chakolas Decorette Private Limited

Data last updated:

Chakolas Decorette Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 05 July 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52390KL2011PTC028803. Its GSTIN is 32AAECC4607L1ZT (Kerala).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors Joseph John Chakola (Managing Director) and Nimmi John Chakola.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Building No.40/3161 Dharmodhayam Buildings P B No.2605 Shanmugham Road Marine Drive, Ernakulam, Kerala, India – 682031.

As per the financials filed for FY 2021, the company reported a revenue of ₹53.38 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹14.75 Lakh (net margin -27.6%) and EBITDA of -₹24.64 Lakh (EBITDA margin -46.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.

As per MCA filings, the company has open charges of ₹1.02 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chakolasdecorette.com.

Company Details of Chakolas Decorette Private Limited
CIN U52390KL2011PTC028803
Registration Number 028803
Incorporation Date 05 July 2011
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Building No.40/3161 Dharmodhayam Buildings P B No.2605 Shanmugham Road Marine Drive, Ernakulam, Kerala, India – 682031
  • Industry
    Home & Lifestyle, Home Furnishings & Accessories Retail
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Financials, compliance, directors, charges, ownership and filings for Chakolas Decorette Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Chakolas Decorette Private Limited

The main business activity of Chakolas Decorette is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Chakolas Decorette Private Limited FY 2021 filings available

Chakolas Decorette Private Limited reported revenue of ₹53.38 Lakh (down 45% YoY) for FY 2021.

Revenue · FY 2021
₹53.38 Lakh ▼ 45%
Net loss · FY 2021
₹14.75 Lakh margin -27.6%
EBITDA · FY 2021
-₹24.64 Lakh margin -46.2%

Compounded Annual Growth Rate (CAGR) of Chakolas Decorette Private Limited

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 29%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 347%
3 years · compounded
▼ 162%
5 years · compounded
▼ 76%

Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 45% fall in the latest year. EBITDA fell 347% 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 of Chakolas Decorette Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹24.64 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹14.75 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 of Chakolas Decorette Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-46.2%••••••••••••••••
Net Profit Margin-27.6%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chakolas Decorette are in the company report.

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Financial statements from 2015

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Peer Comparison of Chakolas Decorette Private Limited

Chakolas Decorette Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shree Anjani Decor Private Limited₹55.57 Lakh (FY 2023)••••••••28.0%••••Katihar, Bihar, India
Reefab Steels Private Limited₹54.88 Lakh (FY 2024)••••••••35.0%••••Jammu, Jammu and Kashmir, India
Out of India Retail Private Limited₹53.87 Lakh (FY 2025)••••••••-30.0%••••Mumbai, Maharashtra, India
Sairattan Projects Private Limited₹53.57 Lakh (FY 2024)••••••••105.0%••••Ahmedabad, Gujarat, India
Pelican Crafts Private Limited₹53.39 Lakh (FY 2025)••••••••-47.0%••••New Delhi, Delhi, India
Chakolas Decorette Private Limited this company₹53.38 Lakh (FY 2021)••••••••-45.0%••••Ernakulam, Kerala, India
Leal Exim Private Limited₹52.28 Lakh (FY 2025)••••••••-51.0%••••Amleshwar Raipur, Chhattisgarh, India
Lilama Concepts Private Limited₹51.81 Lakh (FY 2025)••••••••-18.0%••••Mumbai, Maharashtra, India
Quay One Bedding Private Limited₹51.14 Lakh (FY 2025)••••••••••••New Delhi, Delhi, India
Srinathji Furnishings Private Limited₹51 Lakh (FY 2024)••••••••-19.0%••••Kolkata, West Bengal, India
Mahamaya Global Private Limited₹49.89 Lakh (FY 2024)••••••••-17.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Chakolas Decorette by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Chakolas Decorette Private Limited

Chakolas Decorette Private Limited is audited by J R S & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
J R S & COLockedLockedLocked
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Board of Directors of Chakolas Decorette Private Limited

Chakolas Decorette has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Joseph John ChakolaManaging Director05 Jul 201115 Years 3 MonthsCurrent
Nimmi John ChakolaDirector05 Jul 201115 Years 3 MonthsCurrent

Ownership and Shareholding of Chakolas Decorette Private Limited

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Charges & Borrowings of Chakolas Decorette Private Limited

Open charges
₹1.02 Cr
Satisfied charges
None
Breakdown by lending institutions
The Federal Bank Ltd₹1.02 Cr
Latest charge details
DateLenderAmountStatus
01 Oct 2012The Federal Bank Ltd₹31.5 LakhOpen
26 Sep 2012The Federal Bank Ltd₹70 LakhOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Chakolas Decorette Private Limited

Employment history and EPFO contributions of people linked to Chakolas Decorette.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Chakolas Decorette Private Limited

Chakolas Decorette Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Joseph John Chakola was appointed as Managing Director on 05 Jul 2011.

AGM
Chakolas Decorette Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Chakolas Decorette Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Charges
A charge with The Federal Bank Ltd of Rs. 0.32 Cr registered on 01 Oct 2012 with Charge ID 10382543 was modified on 10 Oct 2013.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 0.32 Cr with Charge ID 10382543 was registered on 01 Oct 2012.
Charges
A charge with The Federal Bank Ltd amounted to Rs. 0.70 Cr with Charge ID 10382541 was registered on 26 Sep 2012.
Appointed
Joseph John Chakola was appointed as Managing Director.
Appointed
Nimmi John Chakola was appointed as Director.
Incorporation
05 Jul 2011
Chakolas Decorette Private Limited was registered on 05 Jul 2011 with Roc Ernakulam & aged 15 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Chakolas Decorette Private Limited

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MSME Payment Delays by Chakolas Decorette Private Limited

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Subsidiaries & Group Companies of Chakolas Decorette Private Limited

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GST Compliance of Chakolas Decorette Private Limited

Chakolas Decorette has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAECC4607L1ZTKeralaActive01 Jul 2017
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MCA Filings & Documents of Chakolas Decorette Private Limited

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Frequently Asked Questions about Chakolas Decorette Private Limited

Chakolas Decorette is an active private limited company based in Ernakulam, Kerala, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 05 July 2011 (15+ years old) and is registered under CIN U52390KL2011PTC028803.

Chakolas Decorette reported revenue of ₹53.38 Lakh for FY 2021 (down 45% YoY).

Chakolas Decorette has 2 current directors:

Chakolas Decorette reported a net loss of ₹14.75 Lakh (net margin -27.6%) and EBITDA of -₹24.64 Lakh (EBITDA margin -46.2%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Chakolas Decorette is -29% over three years and -22% over five years. In the latest year (FY 2021) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Chakolas Decorette is 32AAECC4607L1ZT, registered in Kerala.

The CIN (Corporate Identification Number) of Chakolas Decorette is U52390KL2011PTC028803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chakolas Decorette was incorporated on 05 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Chakolas Decorette by revenue are Shree Anjani Decor Private Limited, Reefab Steels Private Limited, Out of India Retail Private Limited, Sairattan Projects Private Limited, Pelican Crafts Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution).

Joseph John Chakola was appointed as Managing Director on 05 Jul 2011. Nimmi John Chakola was appointed as Director on 05 Jul 2011.

Chakolas Decorette can be reached through the website chakolasdecorette.com. Its registered office is in Ernakulam, Kerala, India.

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