Jhalak Couture Private Limited
About Jhalak Couture Private Limited
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Jhalak Couture Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 12 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17120WB2009PTC135048. Its GSTIN is 19AACCJ1719N1Z9 (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹22.1 Lakh. It is led by directors Sharad Kumar Jain and Rohit Jain.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 11 Sudder Street 2nd Floor Arcade Shop No – 37 & 38, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2017, the company reported a revenue of ₹19.8 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Lakh (net margin 0.2%) and EBITDA of ₹76.04 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹5.1 Cr on record. Court records list 30 cases involving the company, including 6 filed by the company and 24 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Jhalak Couture Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address11 Sudder Street 2nd Floor Arcade Shop No – 37 & 38, Kolkata, West Bengal, India – 700016
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Jhalak Couture Private 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
Business activity
The main business activity of Jhalak Couture is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Jhalak Couture Private Limited, buy the company report.
Financials of Jhalak Couture Private Limited
FY 2017 filings availableJhalak Couture Private Limited reported revenue of ₹19.8 Cr (up 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 31% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹19.8 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹76.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.81 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.8% | ||
| Net Profit Margin | 0.2% | ||
| 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 Jhalak Couture Private Limited, buy the company report.
Board of directors of Jhalak Couture Private Limited
Jhalak Couture has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Kumar Jain Also directs: Jhalak Fashions Private Limited | Director | 12 May 2009 | 17 Years 6 Months | Current |
| Rohit Jain Also directs: Jhalak Fashions Private Limited | Director | 12 May 2009 | 17 Years 6 Months | Current |
Peer comparison
Jhalak Couture Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Ethnic Wear), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhika Collection Private Limited | ₹23.39 Cr (FY 2024) | 46.0% | Delhi, India | |||
| LCTM Overseas Private Limited | ₹22.56 Cr (FY 2024) | -33.0% | Delhi, India | |||
| Jhalak Couture Private Limitedthis company | ₹19.8 Cr (FY 2017) | ₹4.81 Lakh | 0.2% | 13.0% | Kolkata, West Bengal, India | |
| Sidhant Creations Private Limited | ₹17.77 Cr (FY 2022) | 2442.0% | Surat, Gujarat, India |
To see the full peer comparison of Jhalak Couture Private Limited, buy the company report.
Auditor
Jhalak Couture Private Limited is audited by KEDIA PATWARI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA PATWARI & CO | FY 2017 | 327731E |
Shareholding
The shareholding of Jhalak Couture Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Jhalak Couture Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2016 | 100071872 | Axis Bank Limited | ₹6.5 Cr | Open | |
| 15 Dec 2015 | 10612404 | Canara Bank | ₹2.85 Cr | Satisfied | |
| 22 Sep 2009 | 10178937 | The Catholic Syrian Bank Ltd | ₹2.25 Cr | Satisfied |
To see the full charge records of Jhalak Couture Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Jhalak Couture Private Limited has 30 court cases on record: 6 filed by Jhalak Couture, 24 filed against it. 7 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 23 | 7 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by Arohan Financial Services Ltd. | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by PNB Housing Finance Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Religare Finvest Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Bajaj Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (MEX) | Filed against the company by Religare Finvest Ltd. | Disposed |
To see the full case history of Jhalak Couture Private 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
No delayed payments to MSME suppliers are on our record for Jhalak Couture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jhalak Couture has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCJ1719N1Z9 | West Bengal | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Jhalak Couture Private Limited, buy the company report.
Recent activity
Jhalak Couture Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Rohan Jain ceased to be Director on 29 May 2009.
2 earlier events are in the company report.
Frequently asked questions
Jhalak Couture is an active private limited company based in Kolkata, West Bengal, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 12 May 2009 (17+ years old) and is registered under CIN U17120WB2009PTC135048.
Jhalak Couture has 2 current directors:
- Sharad Kumar Jain - Director
- Rohit Jain - Director
The latest financial statements of Jhalak Couture on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Jhalak Couture is 19AACCJ1719N1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Jhalak Couture is U17120WB2009PTC135048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jhalak Couture has 30 court cases on record: 6 filed by the company and 24 filed against it. 7 are pending. Most are in the district courts.
Jhalak Couture was incorporated on 12 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Jhalak Couture by revenue are Radhika Collection Private Limited, LCTM Overseas Private Limited, Sidhant Creations Private Limited, all in the Apparel industry (Ethnic Wear), with the same principal business activity (wholesale trading).
Rohan Jain ceased to be Director on 29 May 2009. Rohan Jain was appointed as Director on 12 May 2009. Rohit Jain was appointed as Director on 12 May 2009. Jhalak Couture has 4 board changes on record in total.
The registered office of Jhalak Couture is at 11 Sudder Street 2nd Floor Arcade Shop No – 37 & 38, Kolkata, West Bengal, India – 700016.
Jhalak Couture operates in the fashion and textile industry, in the traditional and ethnic wear segment.
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