Charu Crafts Center Private Limited
About Charu Crafts Center Private Limited
Data last updated:
Charu Crafts Center Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 25 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2010PTC052684. Its GSTIN is 29AADCC9110F1ZU (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devendra Bhat and Latha Selvaraj.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.64 Palace Road Vasanthnagar, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2020, the company reported a revenue of ₹17.46 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹8.77 Lakh (net margin -50.2%) and EBITDA of -₹8.7 Lakh (EBITDA margin -49.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Charu Crafts Center Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.64 Palace Road Vasanthnagar, Bangalore, Karnataka, India – 560052
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Charu Crafts Center 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
Business activity
The main business activity of Charu Crafts Center is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Charu Crafts Center Private Limited, buy the company report.
Financials of Charu Crafts Center Private Limited
FY 2020 filings availableCharu Crafts Center Private Limited reported revenue of ₹17.46 Lakh (down 35% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 35% fall in the latest year. EBITDA fell 378% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹8.7 Lakh | ||||
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| Net Profit (PAT) | -₹8.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -49.8% | ||||
| Net Profit Margin | -50.2% | ||||
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To see the full financial statements and ratios of Charu Crafts Center Private Limited, buy the company report.
Board of directors of Charu Crafts Center Private Limited
Charu Crafts Center 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 |
|---|---|---|---|---|
| Devendra Bhat Also directs: Epicure Jewels Private Limited | Director | 30 Sep 2018 | 8 Years 1 Months | Current |
| Latha Selvaraj Also directs: Hemis Luxury Jewels Private Limited | Director | 25 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Charu Crafts Center Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solarise Industries Private Limited | ₹17.51 Lakh (FY 2025) | -92.0% | Pune, Maharashtra, India | |||
| Cplus Elevators and Escalators Private Limited | ₹17.51 Lakh (FY 2019) | Bangalore, Karnataka, India | ||||
| Plaza Power Solutions Private Limited | ₹17.51 Lakh (FY 2024) | 942.0% | Delhi, India | |||
| Spantrik Private Limited | ₹17.5 Lakh (FY 2025) | 75.0% | Delhi, India | |||
| Akg Healthy Snacks Private Limited | ₹17.5 Lakh (FY 2024) | -55.0% | Gurugram, Haryana, India | |||
| Charu Crafts Center Private Limitedthis company | ₹17.46 Lakh (FY 2020) | -₹8.77 Lakh | -50.2% | -35.0% | Bangalore, Karnataka, India | |
| Epesign Technologies Private Limited | ₹17.42 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Colour Me Mad Private Limited | ₹17.39 Lakh (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Vapl Alloycast Private Limited | ₹17.35 Lakh (FY 2023) | -74.0% | Hyderabad, Telangana, India | |||
| M. D. Cottex Limited | ₹17.3 Lakh (FY 2019) | 148.0% | Pithavadi, Gujarat, India | |||
| Incidex Healthcare (I) Private Limited | ₹17.29 Lakh (FY 2024) | 34.0% | Haryana, India |
To see the full peer comparison of Charu Crafts Center Private Limited, buy the company report.
Auditor
Charu Crafts Center Private Limited is audited by MANIAN&RAO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANIAN&RAO | FY 2017 | 001983S |
Shareholding
The shareholding of Charu Crafts Center Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Charu Crafts Center Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Charu Crafts Center 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 Charu Crafts Center Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Charu Crafts Center has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC9110F1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Charu Crafts Center Private Limited, buy the company report.
Recent activity
Charu Crafts Center Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Bhaskar Kanala Ramarao ceased to be Director on 12 Nov 2019.
Frequently asked questions
Charu Crafts Center is an active private limited company based in Bangalore, Karnataka, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 25 February 2010 (16+ years old) and is registered under CIN U74900KA2010PTC052684.
Charu Crafts Center has 2 current directors:
- Devendra Bhat - Director
- Latha Selvaraj - Director
The latest financial statements of Charu Crafts Center on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Charu Crafts Center is 29AADCC9110F1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Charu Crafts Center is U74900KA2010PTC052684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charu Crafts Center was incorporated on 25 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Charu Crafts Center by revenue are Solarise Industries Private Limited, Cplus Elevators and Escalators Private Limited, Plaza Power Solutions Private Limited, Spantrik Private Limited, Akg Healthy Snacks Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Bhaskar Kanala Ramarao ceased to be Director on 12 Nov 2019. Devendra Bhat was appointed as Director on 30 Sep 2018. Latha Selvaraj was appointed as Director on 25 Feb 2010.
The registered office of Charu Crafts Center is at No.64 Palace Road Vasanthnagar, Bangalore, Karnataka, India – 560052.
Charu Crafts Center operates in the musical instruments industry, in the sports goods segment.
The compliance status of Charu Crafts Center is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
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