- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-11-0003439

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 42 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 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.
| CIN | Status |
|---|---|
| U26941CH1999PLC023032 | Current |
| L26941CH1999PLC023032 | Previous |
Recognitions & Rankings of Czar Faucets
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
- Website
- Registered AddressPlot No. 182/44 Industrial Area Phase – 1 Chandigarh, Chandigarh, India – 160002
- IndustryManufacturing, Fittings & Components
To see the full contact details of Czar Faucets Limited, buy the company report.
- 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
Brands
Czar Faucets operates one associated brand: Czar India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic 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 availableCzar Faucets Limited reported revenue of ₹7.81 Cr (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | |||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Also directs: Partap Infradevelopers Private Limited, Skyhigh Landcon Private Limited, Skyhigh Propbuild Private Limited and 4 more | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Vipin Mittal | Director | 03 Sep 2022 | 4 Years 2 Months | Current |
| Navneet Kumar Gupta Also directs: Skyhigh Landcon Private Limited, Skyhigh Propbuild Private Limited, Skyhigh Infracon Private Limited and 1 more | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Dharam Vir Khanna Also directs: Nova Industries Private Limited | Director | 25 Oct 1999 | 27 Years 0 Months | Current |
| Rahul Khanna Also directs: Deluxe Sanitary Appliances Pvt Ltd | Director | 25 Oct 1999 | 27 Years 0 Months | Current |
Auditor
Czar Faucets Limited is audited by MEHROTRA SHARMA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHROTRA SHARMA AND ASSOCIATES | FY 2023 | 81573 |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2011 | 10278862 | Andhra Bank | ₹9 Lakh | Open | |
| 01 Sep 2007 | 10071835 | Others | ₹3.35 Cr | Open | |
| 01 Sep 2006 | 10021701 | Small Industries Development Bank of India | ₹2 Cr | Open | |
| 07 Jun 2005 | 90176395 | Small Ind. Development Bank of India | ₹50 Lakh | Open | |
| 07 Jun 2005 | 90308643 | Small Industries Develop. Bank of India | ₹50 Lakh | Open |
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.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Funding round | ₹42.5 Lakh | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: D V Khanna Huf Seller: an individual |
| Aug 2006 | Funding round | ₹95 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Czar Faucets Limited has 11 court cases on record: 1 filed by Czar Faucets, 10 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Religare Finvest Limited | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Religare Finvest Limited | Disposed |
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Czar Faucets Limited, 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
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)
| Supplier | Amount due | Due since | Reported 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 42 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
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.
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.
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:
- Manoj Kumar - Director
- Vipin Mittal - Director
- Navneet Kumar Gupta - Director
- Dharam Vir Khanna - Director
- Rahul Khanna - Director
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.

