About Modways Objet D Art Private Limited
Data last updated:
Modways Objet D Art Private Limited is a private limited company based in Delhi, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 18 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2004PTC127026. Its GSTIN is 07AADCM9506H1ZE (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ashok Kumar Chhabra and Sahil Chhabra.
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 7 Chamelian Road Bara Hindu Rao Delhi, Delhi, India – 110006.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.17 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹6.66 Lakh (net margin 1.1%) and EBITDA of ₹64.86 Lakh (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.15 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modways.in.
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- Website
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- Registered Address7 Chamelian Road Bara Hindu Rao Delhi, Delhi, India – 110006
- IndustryConsumer Goods, Leather Goods Manufacturing
- 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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Business Activity of Modways Objet D Art Private Limited
The main business activity of Modways Objet D Art is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Modways Objet D Art Private Limited FY 2023 filings available
Modways Objet D Art Private Limited reported revenue of ₹6.17 Cr (down 49% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Modways Objet D Art Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 49% fall in the latest year. EBITDA rose 3% 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 of Modways Objet D Art Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹64.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.66 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 of Modways Objet D Art Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Modways Objet D Art are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Modways Objet D Art Private Limited
Modways Objet D Art Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thakur Saheb Trading (I) Private Limited | ₹6.6 Cr (FY 2017) | •••• | •••• | -19.0% | •••• | Agra, Uttar Pradesh, India |
| Sujas Leather Cloth Manufacturing Company Private Limited | ₹6.49 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Maharashtra, India |
| Kings International Limited | ₹6.46 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Tuticorin, Tamil Nadu, India |
| Amani Leather Crafts Private Limited | ₹6.31 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Vrishti Impex Private Limited | ₹6.25 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Modways Objet D Art Private Limited this company | ₹6.17 Cr (FY 2023) | •••• | •••• | -49.0% | •••• | Delhi, India |
| Rituu Exports Pvt Ltd | ₹6.13 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Topsia, West Bengal, India |
| Mahna Leathers Private Limited | ₹5.91 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Blisswood Global Impex Private Limited | ₹5.86 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Gobind Exim Private Limited | ₹5.69 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Smart Age Fashion Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Modways Objet D Art by revenue in the Consumer Products industry (Leather Goods Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Modways Objet D Art Private Limited
Modways Objet D Art Private Limited is audited by SAPRA SHARMA & ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAPRA SHARMA & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Modways Objet D Art Private Limited
Modways Objet D Art 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 |
|---|---|---|---|---|
| Ashok Kumar Chhabra | Director | 18 Jun 2004 | 22 Years 3 Months | Current |
| Sahil Chhabra Also directs: Moda Lifestyle India Private Limited | Director | 31 Dec 2007 | 18 Years 9 Months | Current |
Ownership and Shareholding of Modways Objet D Art Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Modways Objet D Art Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2022 | Yes Bank Limited | ₹81 Lakh | Open |
| 28 Sep 2015 | Electronica Finance Limited | ₹4.46 Lakh | Open |
| 03 Sep 2015 | Central Bank of India | ₹30 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Modways Objet D Art Private Limited
Modways Objet D Art Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Arbitration matter | Filed against the company by Vastu Finserve India Private Limited | Disposed |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
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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.
Employees and EPFO Compliance at Modways Objet D Art Private Limited
Modways Objet D Art Private Limited has a workforce of 13 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Modways Objet D Art Private Limited
Modways Objet D Art Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Poonam Chhabra ceased to be Director on 04 Jan 2008.
Credit Ratings, Litigation & Regulatory Alerts for Modways Objet D Art Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Modways Objet D Art Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Modways Objet D Art Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Modways Objet D Art Private Limited
Modways Objet D Art has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCM9506H1ZE | Delhi | Active | 01 Jul 2017 |
| 06AADCM9506H1ZG | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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MCA Filings & Documents of Modways Objet D Art Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Modways Objet D Art Private Limited
Modways Objet D Art is an active private limited company based in Delhi, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 18 June 2004 (22+ years old) and is registered under CIN U74999DL2004PTC127026.
Modways Objet D Art reported revenue of ₹6.17 Cr for FY 2023 (down 49% YoY).
Modways Objet D Art has 2 current directors:
- Ashok Kumar Chhabra - Director
- Sahil Chhabra - Director
Modways Objet D Art reported a net profit of ₹6.66 Lakh (net margin 1.1%) and EBITDA of ₹64.86 Lakh (EBITDA margin 10.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modways Objet D Art is -13% over three years and -6% over five years. In the latest year (FY 2023) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modways Objet D Art is 07AADCM9506H1ZE, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCM9506H1ZG (Haryana).
The CIN (Corporate Identification Number) of Modways Objet D Art is U74999DL2004PTC127026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modways Objet D Art has 5 court cases on record: 5 filed against it. 1 is pending.
Modways Objet D Art was incorporated on 18 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Modways Objet D Art by revenue are Thakur Saheb Trading (I) Private Limited, Sujas Leather Cloth Manufacturing Company Private Limited, Kings International Limited, Amani Leather Crafts Private Limited, Vrishti Impex Private Limited and 5 more, all in the Consumer Products industry (Leather Goods Manufacturers).
Poonam Chhabra ceased to be Director on 04 Jan 2008. Sahil Chhabra was appointed as Director on 31 Dec 2007. Ashok Kumar Chhabra was appointed as Director on 18 Jun 2004.