About Chanthara Resources Limited
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Chanthara Resources Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1989PLC054110. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Chanthara Textiles Limited. It is led by directors including Sanjay Bhagwat Gaikwad (Whole-Time Director) and Kamal Prakash Kapai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹96.59 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4,990 (net margin 0.1%) and EBITDA of ₹10,919 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website chanthara.com.
Company details
Contact details
Chanthara Resources Limited's registered office is in Mumbai, Maharashtra. Its website is chanthara.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB 104 Shankardham Sra Chs Ltd Nehru Road Vakola Beside P&T Colony Santacruz (Ea, St), Mumbai, Maharashtra, India – 400055
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Chanthara Resources 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 Chanthara Resources 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 Chanthara Resources Limited, buy the company report.
Financials of Chanthara Resources Limited
FY 2022 filings availableChanthara Resources Limited reported revenue of ₹96.59 Lakh (up 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 11% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹10,919 | ||||
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| Net Profit (PAT) | ₹4,990 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Chanthara Resources Limited, buy the company report.
Board of directors of Chanthara Resources Limited
Chanthara Resources has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Bhagwat Gaikwad | Whole-Time Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Kamal Prakash Kapai | Director | 21 Jan 1993 | 33 Years 9 Months | Current |
| Promod Kapahi | Director | 31 Oct 1989 | 36 Years 11 Months | Current |
Peer comparison
Chanthara Resources Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| KMSN International Private Limited | ₹96.9 Lakh (FY 2024) | 125.0% | Kanpur, Uttar Pradesh, India | |||
| Chanthara Resources Limitedthis company | ₹96.59 Lakh (FY 2022) | ₹4,990 | 0.1% | 5.0% | Mumbai, Maharashtra, India | |
| Halftone Designs and Manufacturers Private Limited | ₹96.5 Lakh (FY 2025) | -1.0% | Thane, Maharashtra, India | |||
| Colorpik Textiles Private Limited | ₹96.48 Lakh (FY 2021) | 89.0% | Bangarpet, Karnataka, India | |||
| Shri Mahalaxmi Weaving and Spinning Mills Private Limited | ₹96.47 Lakh (FY 2025) | -18.0% | Yadrav, Maharashtra, India |
To see the full peer comparison of Chanthara Resources Limited, buy the company report.
Auditor
Chanthara Resources Limited is audited by MUKESH M CHOKSI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M CHOKSI & CO | FY 2020 | 131513W |
Shareholding
The shareholding of Chanthara Resources Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chanthara Resources Limited, buy the company report.
Legal cases
Chanthara Resources Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Texcot Exports Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M - S. Ups Jetair Express Pvt. Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Punjab Natinoal Bank | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by Morya Powar Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Chanthara Resources 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 Chanthara Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chanthara Resources has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Chanthara Resources Limited, buy the company report.
Recent activity
Chanthara Resources Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Amritlal Babumal Tated ceased to be Director on 06 Jul 2021.
Frequently asked questions
Chanthara Resources is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 October 1989 (37+ years old) and is registered under CIN U17120MH1989PLC054110.
Chanthara Resources has 3 current directors:
- Sanjay Bhagwat Gaikwad - Whole-Time Director
- Kamal Prakash Kapai - Director
- Promod Kapahi - Director
The latest financial statements of Chanthara Resources 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.
No. Chanthara Resources has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Chanthara Resources is U17120MH1989PLC054110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chanthara Resources has 7 court cases on record: 7 filed against it. 1 is pending.
Chanthara Resources was incorporated on 31 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chanthara Resources by revenue are KMSN International Private Limited, Halftone Designs and Manufacturers Private Limited, Colorpik Textiles Private Limited, Shri Mahalaxmi Weaving and Spinning Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Amritlal Babumal Tated ceased to be Director on 06 Jul 2021. Sanjay Bhagwat Gaikwad was appointed as Whole-Time Director on 06 Jul 2021. Parsu Rama Swain ceased to be Director on 04 Jan 2012. Chanthara Resources has 5 board changes on record in total.
Chanthara Resources can be reached through the website chanthara.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Chanthara Resources is at B 104 Shankardham Sra Chs Ltd Nehru Road Vakola Beside P&T Colony Santacruz Ea, St, Mumbai, Maharashtra, India – 400055.