- Udyam number
- UDYAM-MH-33-0187258

Chitsons Design Spaces Private Limited
About Chitsons Design Spaces Private Limited
Data last updated:
Chitsons Design Spaces Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20297MH2009PTC196205. Its GSTIN is 27AADCC7686C1ZJ (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vilas Somakant Chitnis and Anirudha Vilas Chitnis.
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 Plot No.A – 571 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹94.11 Lakh (net margin 9.1%) and EBITDA of ₹98.48 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 16% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr on record.
Chitsons Design Spaces Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0187258). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Chitsons Design Spaces
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No.A – 571 Ttc Industrial Area MIDC Mahape Navi Mumbai, Maharashtra, India – 400701
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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 Chitsons Design Spaces Private Limited
The main business activity of Chitsons Design Spaces is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Chitsons Design Spaces Private Limited FY 2025 filings available
Chitsons Design Spaces Private Limited reported revenue of ₹10.35 Cr (up 159% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chitsons Design Spaces Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 159% growth in the latest year. EBITDA rose 227% 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 of Chitsons Design Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹98.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹94.11 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 of Chitsons Design Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Chitsons Design Spaces are in the company report.
Financial statements from 2015
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 Chitsons Design Spaces Private Limited
Chitsons Design Spaces has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Somakant Chitnis Also directs: Mumbai Heart Clinic and Research Centre, Arvindalini Foundation | Director | 05 Oct 2009 | 17 Years 0 Months | Current |
| Anirudha Vilas Chitnis | Director | 05 Oct 2009 | 17 Years 0 Months | Current |
| Archana Anirudha Chitnis | Director | 25 Aug 2015 | 11 Years 1 Months | Current |
Peer Comparison of Chitsons Design Spaces Private Limited
Chitsons Design Spaces Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). 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 Interiors Private Limited | ₹10.4 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Mumbai, Maharashtra, India |
| Eko Pro Engineers Private Limited | ₹10.38 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Kaushal Interiors Private Limited | ₹10.36 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Kalyan Nhagar Bangalore, Karnataka, India |
| E4 Engineer Private Limited | ₹10.36 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Jodhpur, Rajasthan, India |
| Kashimoksha Spiritual Private Limited | ₹10.35 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Varanasi, Uttar Pradesh, India |
| Chitsons Design Spaces Private Limited this company | ₹10.35 Cr (FY 2025) | •••• | •••• | 159.0% | •••• | Navi Mumbai, Maharashtra, India |
| Light Information Systems Private Limited | ₹10.32 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Amable Consultancy Services Private Limited | ₹10.32 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mohali, Punjab, India |
| DSS Interiors Private Limited | ₹10.29 Cr (FY 2024) | •••• | •••• | 517.0% | •••• | Pune, Maharashtra, India |
| Av Collection and Marketing Private Limited | ₹10.29 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| FHHL Private Limited | ₹10.29 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Chitsons Design Spaces by revenue in the Consumer Services industry (Professional Services), 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 Chitsons Design Spaces Private Limited
Chitsons Design Spaces Private Limited is audited by Karnik & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Karnik & 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 Chitsons Design Spaces 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 Chitsons Design Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2013 | Bank of Maharashtra | ₹50 Lakh | Open |
| 31 Mar 2013 | Bank of Maharashtra | ₹3 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Chitsons Design Spaces Private Limited
Chitsons Design Spaces Private Limited has 4 MSME Form 1 returns on record between 2017 and 2021, listing 35 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jamuna Timber Traders | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Sharda Stationery & Zerox | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Chitsons Design Spaces Private Limited
Chitsons Design Spaces Private Limited has a workforce of 7 employees as of Apr 08, 2024.
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 Chitsons Design Spaces Private Limited
Chitsons Design Spaces Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Archana Anirudha Chitnis ceased to be Additional Director on 22 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Chitsons Design Spaces 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.
Subsidiaries & Group Companies of Chitsons Design Spaces 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 Chitsons Design Spaces Private Limited
Chitsons Design Spaces has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC7686C1ZJ | Maharashtra | Active | 01 Jul 2017 |
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 Chitsons Design Spaces 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 Chitsons Design Spaces Private Limited
Chitsons Design Spaces is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 October 2009 (17+ years old) and is registered under CIN U20297MH2009PTC196205.
Chitsons Design Spaces reported revenue of ₹10.35 Cr for FY 2025 (up 159% YoY).
Chitsons Design Spaces has 3 current directors:
- Vilas Somakant Chitnis - Director
- Anirudha Vilas Chitnis - Director
- Archana Anirudha Chitnis - Director
Chitsons Design Spaces reported a net profit of ₹94.11 Lakh (net margin 9.1%) and EBITDA of ₹98.48 Lakh (EBITDA margin 9.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chitsons Design Spaces is 45% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 159%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chitsons Design Spaces is 27AADCC7686C1ZJ, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Chitsons Design Spaces is U20297MH2009PTC196205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chitsons Design Spaces was incorporated on 05 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chitsons Design Spaces by revenue are Om Interiors Private Limited, Eko Pro Engineers Private Limited, Kaushal Interiors Private Limited, E4 Engineer Private Limited, Kashimoksha Spiritual Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Archana Anirudha Chitnis ceased to be Additional Director on 22 Sep 2015. Archana Anirudha Chitnis was appointed as Director on 25 Aug 2015. Anirudha Vilas Chitnis was appointed as Director on 05 Oct 2009. Chitsons Design Spaces has 4 board changes on record in total.
Yes, Chitsons Design Spaces is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0187258).
Chitsons Design Spaces has 4 MSME Form 1 returns on record between 2017 and 2021, listing 35 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Oct 2021.