Charcoal Technologies Private Limited
About Charcoal Technologies Private Limited
Data last updated:
Charcoal Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101782. Its GSTIN is 29AAGCC9192C1ZF (Karnataka).
The company has an authorised share capital of ₹3.04 Cr and a paid-up capital of ₹2.93 Cr. It is led by directors Arjun Ashok and Drishti Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.1 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -399%) and EBITDA of -₹1.86 Cr (EBITDA margin -464.2%). Revenue has grown at a compounded annual rate (CAGR) of 221% over three years and 63% over five years.
The company is associated with 1 brand: Charcoal. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo 55/3, Ground Floor Opp Reliance Club Chunchaghatta, Bangalore, Karnataka, India – 560062
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Charcoal Technologies Private Limited
The main business activity of Charcoal Technologies is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Charcoal Technologies Private Limited FY 2024 filings available
Charcoal Technologies Private Limited reported revenue of ₹40.1 Lakh (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Charcoal Technologies Private Limited
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA rose 3% 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 Charcoal Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹1.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.6 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Charcoal Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -464.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -399% | •••• | •••• | •••• | •••• |
| 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 Charcoal Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Charcoal Technologies Private Limited
Charcoal Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lomassi Fashion Industries Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Salem Furniture Cluster India Private Limited | •••• | •••• | •••• | •••• | - | Seelanaickenpatty, Tamil Nadu, India |
| Forever Creation Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Wesource Furniture & Interior Products Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Ultramarine Boat Builders Private Limited | •••• | •••• | •••• | •••• | - | Pondicherry, India |
| Charcoal Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| SSN Furniture Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Madhuri Metals Private Limited | •••• | •••• | •••• | •••• | - | Karnal, Haryana, India |
| Everlite Furniture Pvt Ltd | •••• | •••• | •••• | •••• | - | Trichur, Kerala, India |
| Dafo Furnishings Impex Private Limited | •••• | •••• | •••• | •••• | - | Calicut, Kerala, India |
| Enlightenment Interiors Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Charcoal Technologies by revenue in the Consumer Durables industry (Furniture), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Charcoal Technologies Private Limited
Charcoal Technologies Private Limited is audited by N S V M & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N S V M & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Charcoal Technologies Private Limited
Charcoal Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Ashok | Director | 28 Mar 2017 | 9 Years 6 Months | Current |
| Drishti Desai | Director | 26 Feb 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Charcoal Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Charcoal Technologies Private Limited
Charcoal Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Charcoal Technologies Private Limited
Charcoal Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Xeed Ventures Fund 1 | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Charcoal Technologies Private Limited
Charcoal Technologies operates one associated brand: Charcoal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tech-enabled standing desks are offered by an internet-first brand. | charcoal.inc |
Employees and EPFO Compliance at Charcoal Technologies Private Limited
Employment history and EPFO contributions of people linked to Charcoal Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Charcoal Technologies Private Limited
Charcoal Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Drishti Desai was appointed as Director on 26 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Charcoal Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Charcoal Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Charcoal Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Charcoal Technologies Private Limited
Charcoal Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC9192C1ZF | Karnataka | Active | 12 Oct 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Charcoal Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Charcoal Technologies Private Limited
Charcoal Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101782.
Charcoal Technologies reported revenue of ₹40.1 Lakh for FY 2024 (down 76% YoY).
Charcoal Technologies has 2 current directors:
- Arjun Ashok - Director
- Drishti Desai - Director
Charcoal Technologies reported a net loss of ₹1.6 Cr (net margin -399%) and EBITDA of -₹1.86 Cr (EBITDA margin -464.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Charcoal Technologies is 221% over three years and 63% over five years. In the latest year (FY 2024) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Charcoal Technologies is 29AAGCC9192C1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Charcoal Technologies is U74999KA2017PTC101782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charcoal Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Charcoal Technologies was incorporated on 28 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Charcoal Technologies by revenue are Lomassi Fashion Industries Private Limited, Salem Furniture Cluster India Private Limited, Forever Creation Private Limited, Wesource Furniture & Interior Products Private Limited, Ultramarine Boat Builders Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Drishti Desai was appointed as Director on 26 Feb 2019. Varughese Mathai Kuttikattu ceased to be Director on 26 Feb 2019. Arjun Ashok was appointed as Director on 28 Mar 2017.