Czar Faucets Limited - manufacturing in Chandigarh, India. FY 2026 financials & compliance.
CIN U26941CH1999PLC023032 Incorporated 25 October 1999 ROC Chandigarh HQ Chandigarh, India
Active Public Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹7.81 Cr
▲ 2% YoY
Net loss · FY 2023
₹1.42 Cr
Net margin -18.1%
EBITDA · FY 2023
-₹55.31 Lakh
EBITDA margin -7.1%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹7.44 Cr
Satisfied ₹4.34 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
17
Provident fund records

About Czar Faucets Limited

Data last updated:

Czar Faucets Limited is a public limited company based in Chandigarh, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 25 October 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U26941CH1999PLC023032. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Manoj Kumar and Vipin Mittal.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 182/44 Industrial Area Phase – 1 Chandigarh, Chandigarh, India – 160002.

As per the financials filed for FY 2023, the company reported a revenue of ₹7.81 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -18.1%) and EBITDA of -₹55.31 Lakh (EBITDA margin -7.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 4% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Czar India. As per MCA filings, the company has open charges of ₹7.44 Cr and satisfied charges of ₹4.34 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.38 Cr; the latest was in February 2020. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 36 overdue payments to 26 micro and small suppliers.

Czar Faucets Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0003439). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website czarindia.com.

Company details

CIN U26941CH1999PLC023032
Registration Number 023032
Incorporation Date 25 October 1999
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0003439

CIN history

Czar Faucets has one previous CIN (Corporate Identification Number): L26941CH1999PLC023032. The current CIN is U26941CH1999PLC023032, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U26941CH1999PLC023032Current
L26941CH1999PLC023032Previous

Recognitions & Rankings of Czar Faucets

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-HP-11-0003439

Contact details

Czar Faucets Limited's registered office is in Chandigarh, Chandigarh. Its website is czarindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 182/44 Industrial Area Phase – 1 Chandigarh, Chandigarh, India – 160002
  • Industry
    Manufacturing, Fittings & Components

To see the full contact details of Czar Faucets Limited, buy the company report.

Comprehensive company report
Czar Faucets 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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Secure checkout · GST invoice included

Brands

Czar Faucets operates one associated brand: Czar India. Each brand links to its own profile.

BrandDescriptionWebsite
Designs and sells premium bathroom faucets, showers, and accessories for home use.czarindia.com

Business activity

The main business activity of Czar Faucets is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Czar Faucets Limited, buy the company report.

Financials of Czar Faucets Limited

FY 2023 filings available

Czar Faucets Limited reported revenue of ₹7.81 Cr (up 2% YoY) for FY 2023.

Revenue · FY 2023
₹7.81 Cr ▲ 2%
Net loss · FY 2023
₹1.42 Cr margin -18.1%
EBITDA · FY 2023
-₹55.31 Lakh margin -7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 23%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 129%
3 years · compounded
▲ 34%
5 years · compounded
▼ 26%

Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 129% 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₹7.81 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹55.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.42 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-7.1%
Net Profit Margin-18.1%
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

To see the full financial statements and ratios of Czar Faucets Limited, buy the company report.

Board of directors of Czar Faucets Limited

Czar Faucets has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj KumarDirector21 Aug 20188 Years 2 MonthsCurrent
Vipin MittalDirector03 Sep 20224 Years 2 MonthsCurrent
Navneet Kumar GuptaDirector21 Aug 20188 Years 2 MonthsCurrent
Dharam Vir KhannaDirector25 Oct 199927 Years 0 MonthsCurrent
Rahul KhannaDirector25 Oct 199927 Years 0 MonthsCurrent

Auditor

Czar Faucets Limited is audited by MEHROTRA SHARMA AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MEHROTRA SHARMA AND ASSOCIATESFY 202381573

Shareholding

The shareholding of Czar Faucets 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 Czar Faucets Limited, buy the company report.

Charges & borrowings

Open charges
₹7.44 Cr
Satisfied charges
₹4.34 Cr
Breakdown by lending institutions
Others₹3.35 Cr
Small Industries Development Bank of India₹2.00 Cr
Small Ind. Development Bank of India₹1.00 Cr
Small Industries Develop. Bank of India₹1.00 Cr
Andhra Bank₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 201110278862Andhra Bank₹9 LakhOpen
01 Sep 200710071835Others₹3.35 CrOpen
01 Sep 200610021701Small Industries Development Bank of India₹2 CrOpen
07 Jun 200590176395Small Ind. Development Bank of India₹50 LakhOpen
07 Jun 200590308643Small Industries Develop. Bank of India₹50 LakhOpen

To see the full charge records of Czar Faucets Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Czar Faucets Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.38 Cr; the latest was in February 2020.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.38 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Feb 2020Funding round₹42.5 LakhInvestors: 4 individuals
Mar 2019Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2007Secondary share transferUndisclosedBuyer: D V Khanna Huf
Seller: an individual
Aug 2006Funding round₹95 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Czar Faucets Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 36 overdue payments to 26 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 26)

SupplierAmount dueDue sinceReported on
K.C.Papers
Perfect Metacraft LLP
an individual supplier
Patronize Packages
an individual supplier

To see the full MSME payment records of Czar Faucets Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Czar Faucets Limited has a workforce of 17 employees on its EPFO records as of Jun 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
-52.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-2517
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Czar Faucets Limited, buy the company report.

GST

Czar Faucets has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Czar Faucets Limited, buy the company report.

Recent activity

Czar Faucets Limited has 7 board changes on record since 1999: 5 appointments and 2 cessations. The latest: Vipin Mittal was appointed as Director on 03 Sep 2022.

AGM
Czar Faucets Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 30 Apr 2009 via Charge ID 10157135 with Punjab And Sind Bank was fully satisfied on 27 Jun 2023.
Charges
A charge registered on 20 Sep 2007 via Charge ID 10071833 with Punjab & Sind Bank was fully satisfied on 27 Jun 2023.
Charges
A charge registered on 01 Sep 2007 via Charge ID 10071836 with Punjab & Sind Bank was fully satisfied on 27 Jun 2023.
Filing
Czar Faucets Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Appointed
Vipin Mittal was appointed as Director.
Ceased
Naresh Kumar ceased to be Additional Director.
Ceased
Atul Khanna ceased to be Director.
Appointed
Manoj Kumar was appointed as Director.
Appointed
Navneet Kumar Gupta was appointed as Director.
Charges
A charge with Others of Rs. 3.35 Cr registered on 01 Sep 2007 with Charge ID 10071835 was modified on 04 Apr 2016.
Charges
A charge with Punjab & Sind Bank of Rs. 1.25 Cr registered on 20 Sep 2007 with Charge ID 10071833 was modified on 06 Jun 2011.

16 earlier events are in the company report.

Frequently asked questions

Czar Faucets is an active public limited company based in Chandigarh, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 25 October 1999 (27+ years old) and is registered under CIN U26941CH1999PLC023032.

Czar Faucets has 5 current directors:

The latest financial statements of Czar Faucets on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

No. Czar Faucets has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Czar Faucets is U26941CH1999PLC023032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Czar Faucets has 11 court cases on record: 1 filed by the company and 10 filed against it. 2 are pending.

Czar Faucets was incorporated on 25 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.

Czar Faucets has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.38 Cr; the latest was in February 2020.

Vipin Mittal was appointed as Director on 03 Sep 2022. Naresh Kumar ceased to be Additional Director on 31 Dec 2020. Atul Khanna ceased to be Director on 10 Jan 2020. Czar Faucets has 7 board changes on record in total.

Yes, Czar Faucets is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0003439).

Czar Faucets has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 36 overdue payments to 26 micro and small suppliers. The latest return was filed on 30 May 2019.