Need Chain Private Limited
About Need Chain Private Limited
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Need Chain Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the caterers segment of the hospitality and wellness sector. It was incorporated on 27 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74140HR2015PTC057109.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jitendra Singh Chouhan and Rita Chouhan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No 1009 Sector – 21C Hbd, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2021, the company reported a revenue of ₹2 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹717 (net margin 0.4%) and EBITDA of ₹2,243 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressH.No 1009 Sector – 21C Hbd, Faridabad, Haryana, India – 121001
- IndustryHospitality & Wellness, Caterers, Restaurants, Food And Beverage Services By Hotels
- 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
- One PDF report, delivered after checkout
Business Activity of Need Chain Private Limited
The main business activity of Need Chain is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Need Chain Private Limited FY 2021 filings available
Need Chain Private Limited reported revenue of ₹2 Lakh (down 60% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Need Chain Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 60% fall in the latest year. EBITDA rose 164% 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 Need Chain Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹2,243 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹717 | •••• | •••• | •••• | •••• |
| 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 Need Chain Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Need Chain are in the company report.
Financial statements from FY 2016
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 Need Chain Private Limited
Need Chain Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Need Chain Private Limited this company | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Appressed Trade Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Drishti Creative Productions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Art People Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kaps Advisory Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Nextdelta Digital Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Starbridge Associates Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Standard Goldman Capital Advisors Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Saaraksh Capital Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| Haeng Nam RNT Stoeneware Ltd | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Sphere Advisory Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Need Chain by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Need Chain Private Limited
Need Chain Private Limited is audited by GARG AKANKSHA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GARG AKANKSHA & CO. | 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 Need Chain Private Limited
Need Chain has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Singh Chouhan | Director | 04 Dec 2020 | 5 Years 10 Months | Current |
| Rita Chouhan | Director | 04 Dec 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Need Chain 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 Need Chain Private Limited
Need Chain Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Need Chain Private Limited
Employment history and EPFO contributions of people linked to Need Chain.
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 Need Chain Private Limited
Need Chain Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Bindiya Gupta ceased to be Director on 21 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Need Chain 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 Need Chain 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Need Chain 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
Verified entity values are shown only after access is granted.
GST Compliance of Need Chain Private Limited
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Need Chain 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 Need Chain Private Limited
Need Chain is an active private limited company based in Faridabad, Haryana, India. The company works in caterers, within the hospitality and wellness industry. It was incorporated on 27 October 2015 (11+ years old) and is registered under CIN U74140HR2015PTC057109.
Need Chain reported revenue of ₹2 Lakh for FY 2021 (down 60% YoY).
Need Chain has 2 current directors:
- Jitendra Singh Chouhan - Director
- Rita Chouhan - Director
Need Chain reported a net profit of ₹717 (net margin 0.4%) and EBITDA of ₹2,243 (EBITDA margin 1.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Need Chain is -21% over three years. In the latest year (FY 2021) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Need Chain is U74140HR2015PTC057109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Need Chain was incorporated on 27 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Need Chain by revenue are Appressed Trade Private Limited, Drishti Creative Productions Private Limited, Art People Private Limited, Kaps Advisory Services Private Limited, Nextdelta Digital Solutions Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Bindiya Gupta ceased to be Director on 21 Dec 2020. Yogesh Gupta ceased to be Director on 21 Dec 2020. Jitendra Singh Chouhan was appointed as Director on 04 Dec 2020. Need Chain has 4 board changes on record in total.
The registered office of Need Chain is at H.No 1009 Sector – 21C Hbd, Faridabad, Haryana, India – 121001.
Need Chain has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.