Charang Cranes Private Limited

Charang Cranes Private Limited - machinery and equipment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
CIN U29199MH2006PTC165614 Incorporated 21 November 2006 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2024
₹13.13 Lakh
▼ 89% YoY
Net profit · FY 2024
₹17,273
Net margin 1.3%
EBITDA · FY 2024
₹97,688
EBITDA margin 7.4%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Satisfied charges
₹80 Lakh
No open charges
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings

About Charang Cranes Private Limited

Data last updated:

Charang Cranes Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 November 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29199MH2006PTC165614. Its GSTIN is 27AADCR4429A1ZP (Maharashtra).

The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It was formerly known as Reliable Heavy Engineering (India) Private Limited. It is led by directors including Gaurav Sadashiv Pawar and Govind Sudam Chaudhary.

Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at M – 49 M.I.D.C Opp. Sumit Machine Limited Ambad Industrial Area., Nashik, Maharashtra, India – 422010.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.13 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹17,273 (net margin 1.3%) and EBITDA of ₹97,688 (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 34% over five years.

As per MCA filings, the company has satisfied charges of ₹80 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

Charang Cranes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0085478). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29199MH2006PTC165614
Registration Number 165614
Incorporation Date 21 November 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0085478
Key People
Gaurav Sadashiv Pawar Director Govind Sudam Chaudhary Director Alkabai Govind Chaudhari Director

Recognitions & Rankings of Charang Cranes

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-23-0085478

Contact details

Charang Cranes Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    M – 49 M.I.D.C Opp. Sumit Machine Limited Ambad Industrial Area., Nashik, Maharashtra, India – 422010
  • Industry
    Machinery and Equipment, Material Handling & Storage Equipment

To see the full contact details of Charang Cranes Private Limited, buy the company report.

Comprehensive company report
Charang Cranes Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Charang Cranes is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Charang Cranes Private Limited, buy the company report.

Financials of Charang Cranes Private Limited

FY 2024 filings available

Charang Cranes Private Limited reported revenue of ₹13.13 Lakh (down 89% YoY) for FY 2024.

Revenue · FY 2024
₹13.13 Lakh ▼ 89%
Net profit · FY 2024
₹17,273 margin 1.3%
EBITDA · FY 2024
₹97,688 margin 7.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 35%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 39%
5 years · compounded
▼ 36%

Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 89% fall in the latest year. EBITDA fell 94% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹97,688
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17,273
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.4%
Net Profit Margin1.3%
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

To see the full financial statements and ratios of Charang Cranes Private Limited, buy the company report.

Board of directors of Charang Cranes Private Limited

Charang Cranes has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav Sadashiv Pawar
Also directs: Prime Leaf Organics Marketing LLP, Shivsadhana Engineering Private Limited, Agripex Pesticide Fertilizer and Chemical Private Limited
Director21 Nov 20223 Years 11 MonthsCurrent
Govind Sudam ChaudharyDirector21 Nov 200619 Years 11 MonthsCurrent
Alkabai Govind ChaudhariDirector01 Oct 20215 Years 1 MonthsCurrent
View all directors

Auditor

Charang Cranes Private Limited is audited by SEJAL BOTHRA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SEJAL BOTHRA & ASSOCIATESFY 2023132723W

Shareholding

The shareholding of Charang Cranes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Charang Cranes Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
State Bank of India₹0.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Apr 201010217195State Bank of India₹80 LakhSatisfied

To see the full charge records of Charang Cranes Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Charang Cranes Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 217 overdue payments to 29 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 29)

SupplierAmount dueDue sinceReported on
Charang Cranes Private Limited
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Charang Cranes Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Charang Cranes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCR4429A1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Charang Cranes Private Limited, buy the company report.

Recent activity

Charang Cranes Private Limited has 11 board changes on record since 2006: 3 appointments and 8 cessations. The latest: Gaurav Sadashiv Pawar was appointed as Director on 21 Nov 2022.

AGM
Charang Cranes Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Charang Cranes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Gaurav Sadashiv Pawar was appointed as Director.
Ceased
Akshara Premkumar ceased to be Additional Director.
Ceased
Rajesh Sonar ceased to be Additional Director.
Ceased
Alkabai Govind Chaudhari ceased to be Additional Director.
Appointed
Alkabai Govind Chaudhari was appointed as Director.
Ceased
Sachin Govind Chaudhari ceased to be Director.
Ceased
Sarika Sachin Choudhari ceased to be Director.
Charges
A charge registered on 09 Apr 2010 via Charge ID 10217195 with State Bank Of India was fully satisfied on 10 Jan 2018.
Ceased
Asha Govind Chaudhary ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 80.00 Lakh with Charge ID 10217195 was registered on 09 Apr 2010.

4 earlier events are in the company report.

Frequently asked questions

Charang Cranes is an active private limited company based in Nashik, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 November 2006 (20+ years old) and is registered under CIN U29199MH2006PTC165614.

Charang Cranes has 3 current directors:

The latest financial statements of Charang Cranes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Charang Cranes is 27AADCR4429A1ZP, registered in Maharashtra.

The CIN (Corporate Identification Number) of Charang Cranes is U29199MH2006PTC165614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Charang Cranes has 1 court case on record: 1 filed by the company.

Charang Cranes was incorporated on 21 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Gaurav Sadashiv Pawar was appointed as Director on 21 Nov 2022. Akshara Premkumar ceased to be Additional Director on 06 Jan 2022. Rajesh Sonar ceased to be Additional Director on 06 Jan 2022. Charang Cranes has 11 board changes on record in total.

Yes, Charang Cranes is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0085478).

Charang Cranes has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 217 overdue payments to 29 micro and small suppliers. The latest return was filed on 09 Jun 2019.

The registered office of Charang Cranes is at M – 49 M.I.D.C Opp. Sumit Machine Limited Ambad Industrial Area., Nashik, Maharashtra, India – 422010.