MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0207996
Honest Craft Private Limited
Honest Craft Private Limited - consumer electronics & durables in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.57 Lakh
▼ 75% YoY
Net profit · FY 2024
₹15,500
Net margin 1.5%
EBITDA · FY 2024
₹20,900
EBITDA margin 2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹3.25 Cr
Satisfied ₹8.51 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Honest Craft Private Limited
Data last updated:
Honest Craft Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U20299RJ2010PTC031856. Its GSTIN is 08AACCH4216Q1ZA (Rajasthan).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Harish Gyanani and Reetu.
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 Plot No. F – 2242 RIICO Industrial Area Ramchandrapura Sitapura Ext., Jaipur, Rajasthan, India – 302006.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.57 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹15,500 (net margin 1.5%) and EBITDA of ₹20,900 (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹3.25 Cr and satisfied charges of ₹8.51 Cr on record.
Honest Craft Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0207996). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U20299RJ2010PTC031856
Registration Number 031856
Incorporation Date 19 May 2010
ROC Jaipur
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 Micro
Udyam Registration UDYAM-RJ-17-0207996
Key People
Harish Gyanani Director Reetu Director Recognitions & Rankings of Honest Craft
Contact details
Honest Craft Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. F – 2242 RIICO Industrial Area Ramchandrapura Sitapura Ext., Jaipur, Rajasthan, India – 302006
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Honest Craft Private Limited, buy the company report.
Comprehensive company report
Honest Craft Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Honest Craft is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Honest Craft Private Limited, buy the company report.
Financials of Honest Craft Private Limited
FY 2024 filings availableHonest Craft Private Limited reported revenue of ₹10.57 Lakh (down 75% YoY) for FY 2024.
Revenue · FY 2024
₹10.57 Lakh ▼ 75%
Net profit · FY 2024
₹15,500 margin 1.5%
EBITDA · FY 2024
₹20,900 margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 16%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 52%
5 years · compounded
▲ 52%
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 36% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹20,900 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15,500 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Honest Craft Private Limited, buy the company report.
Board of directors of Honest Craft Private Limited
Honest Craft has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Gyanani | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Reetu | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Honest Craft Private Limited is audited by Rakesh Ashok & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rakesh Ashok & Co. | FY 2023 | 011273C |
Shareholding
The shareholding of Honest Craft Private 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 Honest Craft Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.25 Cr
Satisfied charges
₹8.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100949935 | Others | ₹3.25 Cr | Open | |
| 17 Mar 2020 | 100330598 | Others | ₹4.01 Cr | Satisfied | |
| 05 Feb 2018 | 100158270 | Others | ₹2.3 Cr | Satisfied | |
| 05 Feb 2018 | 100158199 | Others | ₹70 Lakh | Satisfied | |
| 31 Aug 2016 | 100073340 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Honest Craft Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Honest Craft Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honest Craft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honest Craft has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCH4216Q1ZA | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honest Craft Private Limited, buy the company report.
Recent activity
Honest Craft Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Indu Sharma ceased to be Director on 07 Apr 2022.
AGM
Honest Craft Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 325.00 Lakh with Charge ID 100949935 was registered on 31 May 2024.
Filing
Honest Craft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge registered on 31 Aug 2016 via Charge ID 100073340 with Others was fully satisfied on 27 Apr 2022.
Ceased
Indu Sharma ceased to be Director.
Appointed
Harish Gyanani was appointed as Director.
Appointed
Reetu was appointed as Director.
Charges
A charge registered on 17 Mar 2020 via Charge ID 100330598 with Others was fully satisfied on 21 Jan 2022.
Charges
A charge with Others of Rs. 401.00 Lakh registered on 17 Mar 2020 with Charge ID 100330598 was modified on 02 Jul 2020.
Charges
A charge with Others amounted to Rs. 401.00 Lakh with Charge ID 100330598 was registered on 17 Mar 2020.
Charges
A charge registered on 05 Feb 2018 via Charge ID 100158270 with Others was fully satisfied on 09 Jan 2020.
Charges
A charge registered on 05 Feb 2018 via Charge ID 100158199 with Others was fully satisfied on 09 Jan 2020.
9 earlier events are in the company report.
Frequently asked questions
Honest Craft is an active private limited company based in Jaipur, Rajasthan, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 May 2010 (16+ years old) and is registered under CIN U20299RJ2010PTC031856.
Honest Craft has 2 current directors:
- Harish Gyanani - Director
- Reetu - Director
The latest financial statements of Honest Craft 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 GSTIN of Honest Craft is 08AACCH4216Q1ZA, registered in Rajasthan.
The CIN (Corporate Identification Number) of Honest Craft is U20299RJ2010PTC031856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Craft was incorporated on 19 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jaipur.
Indu Sharma ceased to be Director on 07 Apr 2022. Harish Gyanani was appointed as Director on 14 Mar 2022. Reetu was appointed as Director on 14 Mar 2022. Honest Craft has 8 board changes on record in total.
Yes, Honest Craft is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0207996).
The registered office of Honest Craft is at Plot No. F – 2242 RIICO Industrial Area Ramchandrapura Sitapura Ext., Jaipur, Rajasthan, India – 302006.
Honest Craft operates in the consumer electronics and durables industry, in the furniture manufacturing segment.