MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0034630
Chermas Exquisite Ltd - fashion and textile in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.48 Cr
▼ 30% YoY
Net loss · FY 2025
₹6.58 Cr
Net margin -22.3%
EBITDA · FY 2025
-₹4.58 Cr
EBITDA margin -15.5%
Authorised capital
₹27 Cr
Registered with MCA
Paid-up capital
₹18.35 Cr
Issued & subscribed
Open charges
₹3.89 Cr
Satisfied ₹89.25 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
34
Provident fund records
About Chermas Exquisite Ltd
Data last updated:
Chermas Exquisite Ltd is a public limited company based in Hyderabad, Telangana, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 01 August 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52322TG1985PLC005698. Its GSTIN is 36AAACC8837A1ZW (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹18.35 Cr. It was formerly known as Chermas Exquisite Pvt Ltd. It is led by directors including Kayarmin Ferozsha Pestonji (Managing Director) and Kaizad Kayarmin Pestonji.
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 5 – 8 – 341 Chiragali Lane Abids, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.48 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹6.58 Cr (net margin -22.3%) and EBITDA of -₹4.58 Cr (EBITDA margin -15.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.
The company has about 34 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Chermasindia. As per MCA filings, the company has open charges of ₹3.89 Cr and satisfied charges of ₹89.25 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹12.5 Cr; the latest was in March 2019.
Chermas Exquisite Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0034630). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chermasindia.com.
Company details
CIN U52322TG1985PLC005698
Registration Number 005698
Incorporation Date 01 August 1985
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0034630
CIN history
Chermas Exquisite has one previous CIN (Corporate Identification Number): U52322AP1985PLC005698. The current CIN is U52322TG1985PLC005698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52322TG1985PLC005698 | Current |
| U52322AP1985PLC005698 | Previous |
Key People
Kayarmin Ferozsha Pestonji Managing Director Kaizad Kayarmin Pestonji Director Cherazad Kayarmin Pestonji Director Recognitions & Rankings of Chermas Exquisite
Contact details
Chermas Exquisite Ltd's registered office is in Hyderabad, Telangana. Its website is chermasindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 – 8 – 341 Chiragali Lane Abids, Hyderabad, Telangana, India – 500001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Chermas Exquisite Ltd, buy the company report.
Comprehensive company report
Chermas Exquisite 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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Brands
Chermas Exquisite operates one associated brand: Chermasindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a brand offering men's, women's, and kids' clothing products. | chermasindia.com |
Business activity
The main business activity of Chermas Exquisite is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Chermas Exquisite Ltd, buy the company report.
Financials of Chermas Exquisite Ltd
FY 2025 filings availableChermas Exquisite Ltd reported revenue of ₹29.48 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹29.48 Cr ▼ 30%
Net loss · FY 2025
₹6.58 Cr margin -22.3%
EBITDA · FY 2025
-₹4.58 Cr margin -15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 2%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 233%
3 years · compounded
▼ 70%
5 years · compounded
▼ 22%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 30% fall in the latest year. EBITDA fell 233% 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 | -₹4.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.58 Cr | ||||
| Balance Sheet | |||||
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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 | -15.5% | ||||
| Net Profit Margin | -22.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chermas Exquisite Ltd, buy the company report.
Board of directors of Chermas Exquisite Ltd
Chermas Exquisite has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaizad Kayarmin Pestonji Also directs: Hyderabad Padel Panthers LLP, Singh Casuals Private Limited | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Cherazad Kayarmin Pestonji Also directs: Singh Casuals Private Limited | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
| Kayarmin Ferozsha Pestonji Also directs: Singh Casuals Private Limited, Mistry Pestonji Properties LLP | Managing Director | 01 Aug 1985 | 41 Years 2 Months | Current |
| Gool Kayarmin Pestonji Also directs: Singh Casuals Private Limited | Director | 01 Aug 1985 | 41 Years 2 Months | Current |
| Asma Mahmood | Director | 02 Nov 2007 | 18 Years 11 Months | Current |
| Shagun Pestonji | Additional Director | 19 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Chermas Exquisite Ltd is audited by Reddy & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Reddy & Associates | FY 2022 | 05169S |
Shareholding
The shareholding of Chermas Exquisite Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chermas Exquisite Ltd, buy the company report.
Charges & borrowings
Open charges
₹3.89 Cr
Satisfied charges
₹89.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2024 | 101009115 | Tamilnad Mercantile Bank Limited | ₹3.89 Cr | Open | |
| 30 Apr 2019 | 100261116 | State Bank of India | ₹5.4 Cr | Satisfied | |
| 15 May 2018 | 100180953 | State Bank of India | ₹8 Cr | Satisfied | |
| 28 Mar 2014 | 10491171 | Andhra Bank | ₹5 Cr | Satisfied | |
| 20 Feb 2013 | 10410797 | Andhra Bank | ₹5.5 Cr | Satisfied |
To see the full charge records of Chermas Exquisite Ltd, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Chermas Exquisite Ltd has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹12.5 Cr; the latest was in March 2019.
Total deals
9
Funding rounds
4
Secondary share transfers
4
Rights issue
1
Disclosed funding
₹12.5 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹85 Lakh | Investors: 2 individuals |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹2.5 Cr | Investors: 2 individuals |
| Dec 2008 | Funding round | ₹2.89 Cr | Investors: 2 individuals |
To see the full deal history of Chermas Exquisite Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Chermas Exquisite Ltd has 9 court cases on record: 2 filed by Chermas Exquisite, 7 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
2
Filed against the company
7
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 2 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S. Seeker Fashions P Ltd and Others | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by The Employees State Insurance Corporation and 1 other | Pending |
| High Court, TELANGANA | Appeal | Filed against the company by The Employees State Insurance Corporation, Hyd. | Pending |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Court case (MACMA) | Filed against the company by The United India Insurance Co Ltd | Disposed |
To see the full case history of Chermas Exquisite Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chermas Exquisite Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Chermas Exquisite has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Singh Casuals Private Limited | U18100TG1997PTC026601 |
To see the full group structure of Chermas Exquisite Ltd, buy the company report.
Employees & EPFO
Chermas Exquisite Ltd has a workforce of 34 employees on its EPFO records as of Apr 08, 2024, across 4 active EPFO establishments.
Employee count
34
Active EPFO establishments
4
GST
Chermas Exquisite has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACC8837A1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chermas Exquisite Ltd, buy the company report.
Recent activity
Chermas Exquisite Ltd has 15 board changes on record since 1985: 6 appointments and 9 cessations. The latest: Shagun Pestonji was appointed as Additional Director on 19 Nov 2025.
Appointed
Shagun Pestonji was appointed as Additional Director.
AGM
Chermas Exquisite Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Apr 2019 via Charge ID 100261116 with State Bank Of India was fully satisfied on 29 May 2025.
Charges
A charge registered on 15 May 2018 via Charge ID 100180953 with State Bank Of India was fully satisfied on 29 May 2025.
Charges
A charge registered on 29 Jun 2007 via Charge ID 10079865 with State Bank Of India was fully satisfied on 29 May 2025.
Charges
A charge registered on 09 Sep 2005 via Charge ID 80016124 with State Bank Of India was fully satisfied on 29 May 2025.
Filing
Chermas Exquisite Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 3.89 Cr with Charge ID 101009115 was registered on 30 Nov 2024.
Charges
A charge registered on 07 Apr 2004 via Charge ID 80001248 with State Bank Of India was fully satisfied on 28 Jun 2021.
Charges
A charge registered on 07 Apr 2004 via Charge ID 80010995 with State Bank Of India was fully satisfied on 28 Jun 2021.
Charges
A charge with State Bank Of India of Rs. 23.84 Cr registered on 29 Jun 2007 with Charge ID 10079865 was modified on 02 Jun 2020.
Ceased
Ketayoun Hormusji Chinoy ceased to be Director.
54 earlier events are in the company report.
Frequently asked questions
Chermas Exquisite is an active public limited company based in Hyderabad, Telangana, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 01 August 1985 (41+ years old) and is registered under CIN U52322TG1985PLC005698.
Chermas Exquisite has 6 current directors:
- Kayarmin Ferozsha Pestonji - Managing Director
- Kaizad Kayarmin Pestonji - Director
- Cherazad Kayarmin Pestonji - Director
- Gool Kayarmin Pestonji - Director
- Asma Mahmood - Director
- Shagun Pestonji - Additional Director
The latest financial statements of Chermas Exquisite 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.
The GSTIN of Chermas Exquisite is 36AAACC8837A1ZW, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Chermas Exquisite is U52322TG1985PLC005698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chermas Exquisite has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Chermas Exquisite was incorporated on 01 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chermas Exquisite has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹12.5 Cr; the latest was in March 2019.
Shagun Pestonji was appointed as Additional Director on 19 Nov 2025. Ketayoun Hormusji Chinoy ceased to be Director on 17 Sep 2019. Rahul Mehta Narendra ceased to be Director on 08 Jul 2017. Chermas Exquisite has 15 board changes on record in total.
Yes, Chermas Exquisite is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0034630).