Chavar Services Private Limited
About Chavar Services Private Limited
Data last updated:
Chavar Services Private Limited is a private limited company based in Muzaffarpur, Bihar, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 24 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U74999BR2016PTC031643. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varun Kumar and Chandreshwar Roy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sri Niwas Near Newalal Market Nazirpur Shekhpur, Muzaffarpur, Bihar, India – 842002.
As per the financials filed for FY 2019, the company reported a revenue of ₹22,580, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹27,697 (net margin -122.7%) and EBITDA of -₹27,697 (EBITDA margin -122.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressSri Niwas Near Newalal Market Nazirpur Shekhpur, Muzaffarpur, Bihar, India – 842002
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Chavar Services Private Limited
The main business activity of Chavar Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Chavar Services Private Limited FY 2019 filings available
Chavar Services Private Limited reported revenue of ₹22,580 (down 51% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Chavar Services Private Limited
Revenue fell 51% in the latest year. EBITDA rose 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Chavar Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹22,580 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹27,697 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27,697 | •••• | •••• |
| 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 of Chavar Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -122.7% | •••• | •••• |
| Net Profit Margin | -122.7% | •••• | •••• |
| 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 Chavar Services 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.
Board of Directors of Chavar Services Private Limited
Chavar Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Kumar | Director | 24 May 2016 | 10 Years 4 Months | Current |
| Chandreshwar Roy | Director | 24 May 2016 | 10 Years 4 Months | Current |
Peer Comparison of Chavar Services Private Limited
Chavar Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Saikrupa Placement Services Private Limited | ₹23,347 (FY 2021) | •••• | •••• | -96.0% | •••• | Pune, Maharashtra, India |
| M M Erpm Consultancy Private Limited | ₹23,230 (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Sci Companies India Services Private Limited | ₹23,190 (FY 2019) | •••• | •••• | -100.0% | •••• | Sonipat, Haryana, India |
| Radflex Contract Services Private Limited | ₹23,160 (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Dbros Management Private Limited | ₹22,751 (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Chavar Services Private Limited this company | ₹22,580 (FY 2019) | •••• | •••• | -51.0% | •••• | Muzaffarpur, Bihar, India |
| Anvi Human Resource Solutions Private Limited | ₹22,502 (FY 2022) | •••• | •••• | •••• | Chandigarh, India | |
| Dquor Interior Solutions Private Limited | ₹22,273 (FY 2022) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Fleet Personnel Private Limited | ₹22,220 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Beetlesystems India Private Limited | ₹22,213 (FY 2025) | •••• | •••• | -96.0% | •••• | Bangalore, Karnataka, India |
| Talvox Private Limited | ₹22,004 (FY 2025) | •••• | •••• | •••• | Amaravathi, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Chavar Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chavar Services Private Limited
Chavar Services Private Limited is audited by NIKUNJ G THACKER & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKUNJ G THACKER & 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.
Ownership and Shareholding of Chavar Services 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 Chavar Services Private Limited
Chavar Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Chavar Services Private Limited
Employment history and EPFO contributions of people linked to Chavar Services.
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 Chavar Services Private Limited
Chavar Services Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Chandreshwar Roy was appointed as Director on 24 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Chavar Services 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 Chavar Services 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 Chavar Services 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 Chavar Services Private Limited
Chavar Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Chavar Services 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 Chavar Services Private Limited
Chavar Services is an active private limited company based in Muzaffarpur, Bihar, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 24 May 2016 (10+ years old) and is registered under CIN U74999BR2016PTC031643.
Chavar Services reported revenue of ₹22,580 for FY 2019 (down 51% YoY).
Chavar Services has 2 current directors:
- Varun Kumar - Director
- Chandreshwar Roy - Director
Chavar Services reported a net loss of ₹27,697 (net margin -122.7%) and EBITDA of -₹27,697 (EBITDA margin -122.7%) for FY 2019, as per its filed financial statements.
No. Chavar Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Chavar Services is U74999BR2016PTC031643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chavar Services was incorporated on 24 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Chavar Services by revenue are Om Saikrupa Placement Services Private Limited, M M Erpm Consultancy Private Limited, Sci Companies India Services Private Limited, Radflex Contract Services Private Limited, Dbros Management Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Chandreshwar Roy was appointed as Director on 24 May 2016. Varun Kumar was appointed as Director on 24 May 2016.
The registered office of Chavar Services is at Sri Niwas Near Newalal Market Nazirpur Shekhpur, Muzaffarpur, Bihar, India – 842002.
Chavar Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.