MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0013239
Chirag Fabrics Pvt Ltd
Chirag Fabrics Pvt Ltd - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹3.79 Lakh
▼ 92% YoY
Net loss · FY 2022
₹1.65 Lakh
Net margin -43.4%
EBITDA · FY 2022
-₹1.62 Lakh
EBITDA margin -42.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹20 Lakh
No open charges
Company age
39 yrs
Est. 1987
Directors on board
2
As per MCA filings
About Chirag Fabrics Pvt Ltd
Data last updated:
Chirag Fabrics Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 13 November 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1987PTC010139. Its GSTIN is 24AAACC7817Q1ZA (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kailashchandra Satyanarayan Agarwal (Whole-Time Director) and Chirag Kailashchandra Agrawal.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mahavir Mansionkalupur, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.79 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹1.65 Lakh (net margin -43.4%) and EBITDA of -₹1.62 Lakh (EBITDA margin -42.6%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 62% over five years.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Chirag Fabrics Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0013239). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1987PTC010139
Registration Number 010139
Incorporation Date 13 November 1987
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0013239
Key People
Kailashchandra Satyanarayan Agarwal Whole-Time Director Chirag Kailashchandra Agrawal Director Recognitions & Rankings of Chirag Fabrics
Contact details
Chirag Fabrics Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMahavir Mansionkalupur, Ahmedabad, Gujarat, India – 380002
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Chirag Fabrics Pvt Ltd, buy the company report.
Comprehensive company report
Chirag Fabrics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Chirag Fabrics Pvt Ltd
FY 2023 filings availableChirag Fabrics Pvt Ltd reported revenue of ₹3.79 Lakh (down 92% YoY) for FY 2022.
Revenue · FY 2022
₹3.79 Lakh ▼ 92%
Net loss · FY 2022
₹1.65 Lakh margin -43.4%
EBITDA · FY 2022
-₹1.62 Lakh margin -42.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 79%
5 years · compounded
▼ 62%
EBITDA CAGR growth
1 year
▼ 531%
3 years · compounded
▼ 51%
5 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 92% fall in the latest year. EBITDA fell 531% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹1.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.65 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.6% | ||||
| Net Profit Margin | -43.4% | ||||
| 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 Chirag Fabrics Pvt Ltd, buy the company report.
Board of directors of Chirag Fabrics Pvt Ltd
Chirag Fabrics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailashchandra Satyanarayan Agarwal | Whole-Time Director | 19 Dec 1987 | 38 Years 10 Months | Current |
| Chirag Kailashchandra Agrawal | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Chirag Fabrics Pvt Ltd is audited by V K BANSAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K BANSAL & CO. | FY 2017 | 113658W |
Shareholding
The shareholding of Chirag Fabrics Pvt Ltd 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 Chirag Fabrics Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2012 | 10336813 | Central Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Chirag Fabrics Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Chirag Fabrics Pvt Ltd has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Deputy Enginer (O&M) | Disposed |
| High Court, GUJARAT | Court case (CR.A) | Filed against the company by State of Gujarat | Disposed |
To see the full case history of Chirag Fabrics Pvt 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 Chirag Fabrics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chirag Fabrics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC7817Q1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chirag Fabrics Pvt Ltd, buy the company report.
Recent activity
Chirag Fabrics Pvt Ltd has 4 board changes on record since 1987: 2 appointments and 2 cessations. The latest: Sumitra Kailashchandra Agarwal ceased to be Director on 01 Mar 2021.
AGM
Chirag Fabrics Pvt Ltd last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
Filing
Chirag Fabrics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge registered on 27 Jan 2012 via Charge ID 10336813 with Central Bank Of India was fully satisfied on 25 Jun 2021.
Ceased
Sumitra Kailashchandra Agarwal ceased to be Director.
Ceased
Satyanarayan Jaganathrai Agrawal ceased to be Director.
Appointed
Chirag Kailashchandra Agrawal was appointed as Director.
Charges
A charge with Central Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 10336813 was registered on 27 Jan 2012.
Appointed
Kailashchandra Satyanarayan Agarwal was appointed as Whole-Time Director.
Incorporation
13 Nov 1987
Chirag Fabrics Pvt Ltd was registered on 13 Nov 1987 with Roc Ahmedabad & aged 38 years 11 months as per MCA records.
Frequently asked questions
Chirag Fabrics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 13 November 1987 (39+ years old) and is registered under CIN U17119GJ1987PTC010139.
Chirag Fabrics has 2 current directors:
- Kailashchandra Satyanarayan Agarwal - Whole-Time Director
- Chirag Kailashchandra Agrawal - Director
The latest financial statements of Chirag Fabrics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Chirag Fabrics is 24AAACC7817Q1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Chirag Fabrics is U17119GJ1987PTC010139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chirag Fabrics has 2 court cases on record: 2 filed against it.
Chirag Fabrics was incorporated on 13 November 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sumitra Kailashchandra Agarwal ceased to be Director on 01 Mar 2021. Satyanarayan Jaganathrai Agrawal ceased to be Director on 01 May 2019. Chirag Kailashchandra Agrawal was appointed as Director on 05 Oct 2018. Chirag Fabrics has 4 board changes on record in total.
Yes, Chirag Fabrics is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0013239).
The registered office of Chirag Fabrics is at Mahavir Mansionkalupur, Ahmedabad, Gujarat, India – 380002.