Chalak Apparels Private Limited
About Chalak Apparels Private Limited
Data last updated:
Chalak Apparels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 24 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH2011PTC217834. Its GSTIN is 27AAECC4048F1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jaysukh Khusalchand Morabia (Managing Director) and Kartik Jaysukhlal Morabia.
Its last annual general meeting (AGM) was held on 08 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 120 3438 Pantnagar Ghatkopar, Mumbai, Maharashtra, India – 400075.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52,725 (net margin 29.3%) and EBITDA of ₹1.52 Lakh (EBITDA margin 84.3%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 62% over five years.
As per MCA filings, the company has satisfied charges of ₹87.64 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chalak Apparels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address120 3438 Pantnagar Ghatkopar, Mumbai, Maharashtra, India – 400075
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Chalak Apparels 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 Chalak Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Chalak Apparels Private Limited, buy the company report.
Financials of Chalak Apparels Private Limited
FY 2021 filings availableChalak Apparels Private Limited reported revenue of ₹1.8 Lakh (up 5105% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. EBITDA rose 290% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.52 Lakh | ||||
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| Net Profit (PAT) | ₹52,725 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 84.3% | ||||
| Net Profit Margin | 29.3% | ||||
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To see the full financial statements and ratios of Chalak Apparels Private Limited, buy the company report.
Board of directors of Chalak Apparels Private Limited
Chalak Apparels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaysukh Khusalchand Morabia | Managing Director | 24 May 2011 | 15 Years 5 Months | Current |
| Kartik Jaysukhlal Morabia Also directs: Kdeea Apparels LLP | Director | 24 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Chalak Apparels Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 7Days Fashion Private Limited | ₹1.84 Lakh (FY 2016) | Delhi, India | ||||
| Chalak Apparels Private Limitedthis company | ₹1.8 Lakh (FY 2021) | ₹52,725 | 29.3% | 5105.0% | Mumbai, Maharashtra, India | |
| Maaruth Embroiders Private Limited | ₹1.79 Lakh (FY 2021) | 461.0% | New Delhi, Delhi, India | |||
| Ritika Garments Private Limited | ₹1.77 Lakh (FY 2020) | -58.0% | Delhi, India |
To see the full peer comparison of Chalak Apparels Private Limited, buy the company report.
Auditor
Chalak Apparels Private Limited is audited by K GALA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K GALA & ASSOCIATES | FY 2020 | 114864W |
Shareholding
The shareholding of Chalak Apparels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Chalak Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2017 | 100147254 | Others | ₹87.64 Lakh | Satisfied |
To see the full charge records of Chalak Apparels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Chalak Apparels 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 Chalak Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chalak Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC4048F1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chalak Apparels Private Limited, buy the company report.
Recent activity
Chalak Apparels Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Jaysukh Khusalchand Morabia was appointed as Managing Director on 24 May 2011.
Frequently asked questions
Chalak Apparels is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 24 May 2011 (15+ years old) and is registered under CIN U18109MH2011PTC217834.
Chalak Apparels has 2 current directors:
- Jaysukh Khusalchand Morabia - Managing Director
- Kartik Jaysukhlal Morabia - Director
The latest financial statements of Chalak Apparels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 08 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Chalak Apparels is 27AAECC4048F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Chalak Apparels is U18109MH2011PTC217834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chalak Apparels was incorporated on 24 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chalak Apparels by revenue are 7Days Fashion Private Limited, Maaruth Embroiders Private Limited, Ritika Garments Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Jaysukh Khusalchand Morabia was appointed as Managing Director on 24 May 2011. Kartik Jaysukhlal Morabia was appointed as Director on 24 May 2011.
The registered office of Chalak Apparels is at 120 3438 Pantnagar Ghatkopar, Mumbai, Maharashtra, India – 400075.
Chalak Apparels operates in the fashion and textile industry, in the designer and branded fashion segment.
Chalak Apparels has no open charges and satisfied charges of ₹87.64 Lakh as per latest MCA filings.
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