Usha Cubals Private Limited
About Usha Cubals Private Limited
Data last updated:
Usha Cubals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 06 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2010PTC202795. Its GSTIN is 27AABCU1766D1ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.62 Cr. It is led by directors Usha Rani Surendra Kumar Agarwal and Surendrakumar Girdharilal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 35 Fifth Floor Usha Mansion 191 Kika Street, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 77.4%) and EBITDA of ₹2.92 Cr (EBITDA margin 94.5%). Revenue has declined at a compounded annual rate (CAGR) of 134% over three years and 26% over five years.
As per MCA filings, the company has satisfied charges of ₹20 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address35 Fifth Floor Usha Mansion 191 Kika Street, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry 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
- One PDF report, delivered after checkout
Financials of Usha Cubals Private Limited FY 2025 filings available
Usha Cubals Private Limited reported revenue of ₹3.09 Cr (up 1956% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Usha Cubals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years. 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 Usha Cubals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.4 Cr | •••• | •••• | •••• | •••• |
| 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 Usha Cubals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 77.4% | •••• | •••• | •••• | •••• |
| 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 Usha Cubals 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 Usha Cubals Private Limited
Usha Cubals Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Jewellery and Gems Retail and Distribution, Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Star India Jewels Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| Ama Vinayak Jewellers Private Limited | ₹3.11 Cr (FY 2024) | •••• | •••• | 144.0% | •••• | Delhi, India |
| Ganpati Mangla Multitradeship Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Sri Ganganagar, Rajasthan, India |
| Anantanarayan Minerals Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Koira, Odisha, India |
| Deccan Event Management Private Limited | ₹3.11 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Usha Cubals Private Limited this company | ₹3.09 Cr (FY 2025) | •••• | •••• | 1956.0% | •••• | Mumbai, Maharashtra, India |
| Queen-Up Jewellers Private Limited | ₹3.09 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Ami Gems and Jewellery Private Limited | ₹3.09 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Ahmedabad, Gujarat, India |
| A.R.P.N Rajamanickam & Sons Private Limited | ₹3.09 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Swan Silverwares Pvt.Ltd. | ₹3.09 Cr (FY 2016) | •••• | •••• | 396.0% | •••• | West Bengal, India |
| Ratandeep Creative Jewels Private Limited | ₹3.08 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Usha Cubals by revenue in the Metals and Minerals industry (Jewellery and Gems Retail and Distribution, Materials Retail and Distribution), 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 Usha Cubals Private Limited
Usha Cubals Private Limited is audited by DILIP THAKKAR & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DILIP THAKKAR & ASSOCIATES | 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 Usha Cubals Private Limited
Usha Cubals 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 |
|---|---|---|---|---|
| Usha Rani Surendra Kumar Agarwal | Director | 06 May 2010 | 16 Years 5 Months | Current |
| Surendrakumar Girdharilal Agarwal Also directs: Uplat Land Developers LLP, Morya Buildcon Private Limited | Director | 06 May 2010 | 16 Years 5 Months | Current |
Ownership and Shareholding of Usha Cubals 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 Usha Cubals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2013 | State Bank of India | ₹8 Cr | Satisfied |
| 13 Jul 2010 | State Bank of India | ₹12 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Usha Cubals Private Limited
Usha Cubals Private Limited has 8 court cases on record: 6 filed by Usha Cubals, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by State Bank of India Th.Mr. Vikrant Saxena | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Solapur, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company against Official Liquidator of M/S. Chetan Foundries Ltd | Disposed |
Full case history
All 8 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
Verified entity values are shown only after access is granted.
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 Usha Cubals Private Limited
Employment history and EPFO contributions of people linked to Usha Cubals.
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 Usha Cubals Private Limited
Usha Cubals Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Surendrakumar Girdharilal Agarwal was appointed as Director on 06 May 2010.
Credit Ratings, Litigation & Regulatory Alerts for Usha Cubals 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 Usha Cubals 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 Usha Cubals 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 Usha Cubals Private Limited
Usha Cubals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU1766D1ZG | Maharashtra | 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Usha Cubals 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 Usha Cubals Private Limited
Usha Cubals is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 06 May 2010 (16+ years old) and is registered under CIN U52100MH2010PTC202795.
Usha Cubals reported revenue of ₹3.09 Cr for FY 2025 (up 1956% YoY).
Usha Cubals has 2 current directors:
- Usha Rani Surendra Kumar Agarwal - Director
- Surendrakumar Girdharilal Agarwal - Director
Usha Cubals reported a net profit of ₹2.4 Cr (net margin 77.4%) and EBITDA of ₹2.92 Cr (EBITDA margin 94.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Usha Cubals is 134% over three years and -26% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Usha Cubals is 27AABCU1766D1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Usha Cubals is U52100MH2010PTC202795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Usha Cubals has 8 court cases on record: 6 filed by the company and 1 filed against it. Most are in the high courts.
Usha Cubals was incorporated on 06 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Usha Cubals by revenue are Star India Jewels Private Limited, Ama Vinayak Jewellers Private Limited, Ganpati Mangla Multitradeship Private Limited, Anantanarayan Minerals Private Limited, Deccan Event Management Private Limited and 5 more, all in the Metals and Minerals industry (Jewellery and Gems Retail and Distribution, Materials Retail and Distribution).
Surendrakumar Girdharilal Agarwal was appointed as Director on 06 May 2010. Usha Rani Surendra Kumar Agarwal was appointed as Director on 06 May 2010.