Citrus Global Brands Limited

Citrus Global Brands Limited - travel and hospitality in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U93000PB2011PLC035287 Incorporated 15 July 2011 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Public Limited Company travel and hospitality MSME
Data last updated
Revenue · FY 2023
₹31.49 Cr
▲ 345% YoY
Net profit · FY 2023
₹10.88 Cr
Net margin 34.6%
EBITDA · FY 2023
-₹16.94 Cr
EBITDA margin -53.8%
Authorised capital
₹2,001.66 Cr
Registered with MCA
Paid-up capital
₹791.5 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Citrus Global Brands Limited

Data last updated:

Citrus Global Brands Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 15 July 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93000PB2011PLC035287.

The company has an authorised share capital of ₹2,001.66 Cr and a paid-up capital of ₹791.5 Cr. It was formerly known as Madhuraj.Foundation Limited. It is led by directors including Parmod Kumar Sharma (Managing Director) and Subhash Chander Gupta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 214 Kitchlu Nagar, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2023, the company reported a revenue of ₹31.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.88 Cr (net margin 34.6%) and EBITDA of -₹16.94 Cr (EBITDA margin -53.8%). Revenue has grown at a compounded annual rate (CAGR) of 533% over five years.

Its group structure includes 3 subsidiaries.

Court records list 2 cases involving the company, including 2 filed against it.

Citrus Global Brands Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-PB-12-0043892). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U93000PB2011PLC035287
Registration Number 035287
Incorporation Date 15 July 2011
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-PB-12-0043892

Name history

Citrus Global Brands has undergone 3 name changes throughout its history. The company was previously known as Citrus Global Brands Limited, Madhuraj.Foundation Limited, and Madhuraj Foundation Limited. The current legal name is Citrus Global Brands Limited.

Company NameStatus
Citrus Global Brands LimitedCurrent
Madhuraj.Foundation LimitedPrevious
Madhuraj Foundation LimitedPrevious

CIN history

Citrus Global Brands has one previous CIN (Corporate Identification Number): U74900PB2011PLC035287. The current CIN is U93000PB2011PLC035287, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U93000PB2011PLC035287Current
U74900PB2011PLC035287Previous
Key People
Parmod Kumar Sharma Managing Director Dinesh Kumar Additional Director Subhash Chander Gupta Director

Recognitions & Rankings of Citrus Global Brands

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-PB-12-0043892

Contact details

Citrus Global Brands Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    E – 214 Kitchlu Nagar, Ludhiana, Punjab, India – 141001
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Citrus Global Brands Limited, buy the company report.

Comprehensive company report
Citrus Global Brands Limited - 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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Financials of Citrus Global Brands Limited

FY 2024 filings available

Citrus Global Brands Limited reported revenue of ₹31.49 Cr (up 345% YoY) for FY 2023.

Revenue · FY 2023
₹31.49 Cr ▲ 345%
Net profit · FY 2023
₹10.88 Cr margin 34.6%
EBITDA · FY 2023
-₹16.94 Cr margin -53.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 345%
5 years · compounded
▲ 533%

Revenue has grown at a compounded annual rate (CAGR) of 533% over five years, including 345% growth 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹31.49 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹16.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.88 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-53.8%
Net Profit Margin34.6%
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 Citrus Global Brands Limited, buy the company report.

Board of directors of Citrus Global Brands Limited

Citrus Global Brands has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh Kumar
Also directs: Creativeline Developers Private Limited, Trident Group Limited, Trident Innovations Private Limited and 1 more
Additional Director29 Oct 20242 Years 0 MonthsCurrent
Subhash Chander Gupta
Also directs: Creativeline Developers Private Limited, Trident Group Limited, Trident Global Corp Limited
Director20 Nov 20241 Years 11 MonthsCurrent
Anu Rai
Also directs: Trident Group Limited
Director30 Mar 20242 Years 7 MonthsCurrent
Parmod Kumar Sharma
Also directs: Citrus Global Enterprises Limited, Creativeline Developers Private Limited, Lotus Corporate Solutions Private Limited
Managing Director22 Oct 20215 Years 0 MonthsCurrent
View all directors

Auditor

Citrus Global Brands Limited is audited by M/s K. K. Kapoor & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M/s K. K. Kapoor & AssociatesFY 202301013N

Shareholding

The shareholding of Citrus Global Brands Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Citrus Global Brands Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Citrus Global Brands Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Citrus Global Brands has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

3
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Asian Trading Corporation LimitedU17100PB2005PLC028371
Citrus Global Enterprises LimitedU52100PB2011PLC034967
Creativeline Developers Private LimitedU70109PB2008PTC031766

To see the full group structure of Citrus Global Brands Limited, buy the company report.

GST

No GST registration is on our record for Citrus Global Brands Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Citrus Global Brands Limited has 19 board changes on record since 2021: 5 appointments and 14 cessations. The latest: Paramvir Rajput was appointed as Company Secretary on 16 May 2025.

Appointed
Paramvir Rajput was appointed as Company Secretary.
Ceased
Subhash Chander Gupta ceased to be Additional Director.
Appointed
Subhash Chander Gupta was appointed as Director.
Appointed
Dinesh Kumar was appointed as Additional Director.
AGM
Citrus Global Brands Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Anu Rai ceased to be Additional Director.
Ceased
Jatinder Chopra ceased to be Additional Director.
Filing
Citrus Global Brands Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Anu Rai was appointed as Director.
Ceased
Manpriya Puri ceased to be CFO.
Ceased
Sukhdarshan Singh ceased to be Additional Director.
Ceased
Davindar Singh Sokhi ceased to be Additional Director.

10 earlier events are in the company report.

Frequently asked questions

Citrus Global Brands is an active public limited company based in Ludhiana, Punjab, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 15 July 2011 (15+ years old) and is registered under CIN U93000PB2011PLC035287.

Citrus Global Brands has 4 current directors:

The latest financial statements of Citrus Global Brands on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Citrus Global Brands is U93000PB2011PLC035287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Citrus Global Brands has 2 court cases on record: 2 filed against it.

Citrus Global Brands was incorporated on 15 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.

Paramvir Rajput was appointed as Company Secretary on 16 May 2025. Subhash Chander Gupta ceased to be Additional Director on 15 Apr 2025. Subhash Chander Gupta was appointed as Director on 20 Nov 2024. Citrus Global Brands has 19 board changes on record in total.

Yes, Citrus Global Brands is registered as an MSME under Udyam registration (number: UDYAM-PB-12-0043892).

The registered office of Citrus Global Brands is at E – 214 Kitchlu Nagar, Ludhiana, Punjab, India – 141001.

Citrus Global Brands operates in the travel and hospitality industry, in the consumer professional services segment.