Charms Restaurants Private Limited
About Charms Restaurants Private Limited
Data last updated:
Charms Restaurants Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 05 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2006PTC160990. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Wasan Hotels Private Limited and Suwasan Hotels Private Limited. It is led by directors Taarun Vijay Waasan and Kasturilal Kundanlal Wasan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Swastik Park Sion Trombayrd Chembur Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹36,446, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹55,826 (net margin -153.2%) and EBITDA of -₹42,453 (EBITDA margin -116.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 55% over five years.
As per MCA filings, the company has satisfied charges of ₹14 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Charms Restaurants has undergone 2 name changes throughout its history. The company was previously known as Wasan Hotels Private Limited, and Suwasan Hotels Private Limited. The current legal name is Charms Restaurants Private Limited.
| Company Name | Status |
|---|---|
| Charms Restaurants Private Limited | Current |
| Wasan Hotels Private Limited | Previous |
| Suwasan Hotels Private Limited | Previous |
Contact details
Charms Restaurants Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address4 Swastik Park Sion Trombayrd Chembur Mumbai, Maharashtra, India
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Charms Restaurants 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
Financials of Charms Restaurants Private Limited
FY 2025 filings availableCharms Restaurants Private Limited reported revenue of ₹36,446 (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 20% fall in the latest year. EBITDA rose 66% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹42,453 | ||||
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| Net Profit (PAT) | -₹55,826 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -116.5% | ||||
| Net Profit Margin | -153.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Charms Restaurants Private Limited, buy the company report.
Board of directors of Charms Restaurants Private Limited
Charms Restaurants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taarun Vijay Waasan Also directs: Wasan Realtors Private Limited, Wasan Knowledge Hub Private Limited, Wasan Bhoomi LLP and 5 more | Director | 05 Apr 2006 | 20 Years 7 Months | Current |
| Kasturilal Kundanlal Wasan | Director | 05 Apr 2006 | 20 Years 7 Months | Current |
Peer comparison
Charms Restaurants Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhatta Fall & Resorts Private Limited | ₹37,896 (FY 2024) | New Delhi, Delhi, India | ||||
| Gourmet Cuisine Private Limited | ₹36,927 (FY 2024) | -83.0% | Kolkata, West Bengal, India | |||
| Charms Restaurants Private Limitedthis company | ₹36,446 (FY 2025) | -₹55,826 | -153.2% | -20.0% | Mumbai, Maharashtra, India | |
| TFS Hospitalities Private Limited | ₹35,749 (FY 2025) | -92.0% | Mumbai, Maharashtra, India | |||
| Av Restaurants Private Limited | ₹35,639 (FY 2024) | 6661.0% | New Delhi, Delhi, India | |||
| Prapty's Restaurants Private Limited | ₹35,450 (FY 2018) | -18.0% | Kolkata, West Bengal, India | |||
| Prem Sagar Dosa Plaza Private Limited | ₹34,456 (FY 2025) | -97.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Charms Restaurants Private Limited, buy the company report.
Auditor
Charms Restaurants Private Limited is audited by BANSHI JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSHI JAIN & ASSOCIATES | FY 2022 | 100990W |
Shareholding
The shareholding of Charms Restaurants Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Charms Restaurants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2010 | 10231687 | Bank of Baroda | ₹6 Cr | Satisfied | |
| 25 Mar 2010 | 10214799 | Bank of Baroda | ₹8 Cr | Satisfied |
To see the full charge records of Charms Restaurants Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Charms Restaurants 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 Charms Restaurants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Charms Restaurants Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Charms Restaurants 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 Charms Restaurants Private Limited, buy the company report.
Recent activity
Charms Restaurants Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Pradeep Kundanlal Wasan ceased to be Director on 28 Mar 2015.
Frequently asked questions
Charms Restaurants is an active private limited company based in Mumbai, Maharashtra, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 05 April 2006 (20+ years old) and is registered under CIN U55101MH2006PTC160990.
Charms Restaurants has 2 current directors:
- Taarun Vijay Waasan - Director
- Kasturilal Kundanlal Wasan - Director
The latest financial statements of Charms Restaurants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Charms Restaurants has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Charms Restaurants is U55101MH2006PTC160990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charms Restaurants was incorporated on 05 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Charms Restaurants by revenue are Bhatta Fall & Resorts Private Limited, Gourmet Cuisine Private Limited, TFS Hospitalities Private Limited, Av Restaurants Private Limited, Prapty's Restaurants Private Limited and 1 more, all in the Consumer Services industry (Restaurants), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Pradeep Kundanlal Wasan ceased to be Director on 28 Mar 2015. Vijay Kundanlal Wasan ceased to be Director on 28 Mar 2015. Mohinidevi Kundanlal Wasan ceased to be Director on 10 Jun 2009. Charms Restaurants has 5 board changes on record in total.
The registered office of Charms Restaurants is at 4 Swastik Park Sion Trombayrd Chembur Mumbai, Maharashtra, India.
Charms Restaurants operates in the travel and hospitality industry, in the restaurants and dining services segment.
Charms Restaurants has no open charges and satisfied charges of ₹14 Cr as per latest MCA filings.
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