Charles Commercial Pvt Ltd

Charles Commercial Pvt Ltd - real estate and construction in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U70100WB1996PTC081136 Incorporated 30 August 1996 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2024
₹1.67 Cr
▼ 20% YoY
Net profit · FY 2024
₹53.32 Lakh
Net margin 31.9%
EBITDA · FY 2024
₹1.26 Cr
EBITDA margin 75.6%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.55 Lakh
Issued & subscribed
Open charges
₹56.2 Cr
Satisfied ₹20 Cr
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings

About Charles Commercial Pvt Ltd

Data last updated:

Charles Commercial Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 August 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70100WB1996PTC081136. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.55 Lakh. It is led by directors Lalit Kumar Bhutoria and Prakaash Bhutoria.

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 Bakrahat Road Thakurpukur P.O. Rasapunja Kolkata – 700 104, West Bengal, India – 700104.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.67 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹53.32 Lakh (net margin 31.9%) and EBITDA of ₹1.26 Cr (EBITDA margin 75.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 2% over five years.

As per MCA filings, the company has open charges of ₹56.2 Cr and satisfied charges of ₹20 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.

Charles Commercial Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0031532). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U70100WB1996PTC081136
Registration Number 081136
Incorporation Date 30 August 1996
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0031532

CIN history

Charles Commercial has one previous CIN (Corporate Identification Number): U51109WB1996PTC081136. The current CIN is U70100WB1996PTC081136, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70100WB1996PTC081136Current
U51109WB1996PTC081136Previous

Recognitions & Rankings of Charles Commercial

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-WB-10-0031532

Contact details

Charles Commercial Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Bakrahat Road Thakurpukur P.O. Rasapunja Kolkata – 700 104, West Bengal, India – 700104
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Charles Commercial Pvt Ltd, buy the company report.

Comprehensive company report
Charles Commercial Pvt Ltd - 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 Charles Commercial is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Charles Commercial Pvt Ltd, buy the company report.

Financials of Charles Commercial Pvt Ltd

FY 2024 filings available

Charles Commercial Pvt Ltd reported revenue of ₹1.67 Cr (down 20% YoY) for FY 2024.

Revenue · FY 2024
₹1.67 Cr ▼ 20%
Net profit · FY 2024
₹53.32 Lakh margin 31.9%
EBITDA · FY 2024
₹1.26 Cr margin 75.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 21%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▼ 27%
5 years · compounded
▲ 35%

Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 16% 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₹1.26 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹53.32 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin75.6%
Net Profit Margin31.9%
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 Charles Commercial Pvt Ltd, buy the company report.

Board of directors of Charles Commercial Pvt Ltd

Charles Commercial has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prakaash BhutoriaAdditional Director24 Mar 20251 Years 7 MonthsCurrent
Lalit Kumar BhutoriaDirector29 Sep 20188 Years 1 MonthsCurrent

Auditor

Charles Commercial Pvt Ltd is audited by S. BHALOTIA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S. BHALOTIA & ASSOCIATESFY 2023325040E

Shareholding

The shareholding of Charles Commercial Pvt Ltd 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 Charles Commercial Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹56.2 Cr
Satisfied charges
₹20 Cr
Breakdown by lending institutions
State Bank of India₹39.70 Cr
Bank of India₹12.50 Cr
Others₹4.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 2024100870418Others₹4 CrOpen
18 Sep 2023100789851Bank of India₹7.5 CrOpen
30 Jan 2023100675532Bank of India₹5 CrOpen
05 May 201110286254State Bank of India₹39.7 CrOpen
03 Sep 2018100214430Others₹20 CrSatisfied

To see the full charge records of Charles Commercial Pvt Ltd, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Charles Commercial Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Charles Commercial has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Charles Commercial Pvt Ltd, buy the company report.

Recent activity

Charles Commercial Pvt Ltd has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Prakaash Bhutoria was appointed as Additional Director on 24 Mar 2025.

Appointed
Prakaash Bhutoria was appointed as Additional Director.
Ceased
Pushpa Bhutoria ceased to be Director.
AGM
Charles Commercial Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Charles Commercial Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with State Bank Of India of Rs. 3,970.00 Lakh registered on 05 May 2011 with Charge ID 10286254 was modified on 22 Feb 2024.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100870418 was registered on 31 Jan 2024.
Charges
A charge with Bank Of India amounted to Rs. 750.00 Lakh with Charge ID 100789851 was registered on 18 Sep 2023.
Charges
A charge with Bank Of India amounted to Rs. 500.00 Lakh with Charge ID 100675532 was registered on 30 Jan 2023.
Charges
A charge registered on 03 Sep 2018 via Charge ID 100214430 with Others was fully satisfied on 29 Aug 2022.
Ceased
Kanta Bhutoria ceased to be Director.
Appointed
Lalit Kumar Bhutoria was appointed as Director.
Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 100214430 was registered on 03 Sep 2018.

2 earlier events are in the company report.

Frequently asked questions

Charles Commercial is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 August 1996 (30+ years old) and is registered under CIN U70100WB1996PTC081136.

Charles Commercial has 2 current directors:

The latest financial statements of Charles Commercial on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

No. Charles Commercial has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Charles Commercial is U70100WB1996PTC081136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Charles Commercial has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.

Charles Commercial was incorporated on 30 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.

Prakaash Bhutoria was appointed as Additional Director on 24 Mar 2025. Pushpa Bhutoria ceased to be Director on 24 Mar 2025. Kanta Bhutoria ceased to be Director on 08 Oct 2018. Charles Commercial has 4 board changes on record in total.

Yes, Charles Commercial is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0031532).

The registered office of Charles Commercial is at Bakrahat Road Thakurpukur P.O. Rasapunja Kolkata – 700 104, West Bengal, India – 700104.