Chermas Exquisite Ltd

Family showroom with a wide range of clothing, accessories, and footwear for all ages.

1985 | Hyderabad, Telangana (India) | Active
Last Updated: January 03, 2025

Chermas Exquisite Profile

Key Indicators

  • Authorised Capital ₹ 27.00 Cr
  • Paid Up Capital ₹ 1.84 Cr
  • Company Age 39 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.13 Cr
  • Satisfied Charges ₹ 44.01 Cr
  • Revenue Growth 48.54%
  • Profit Growth 7.12%
  • Ebitda -6.82%
  • Net Worth -4.92%
  • Total Assets -1.62%

About Chermas Exquisite

Chermas Exquisite Ltd (CEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 August 1985 and has a history of 39 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Chermas Exquisite Pvt Ltd. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 27.00 Cr and a paid-up capital of Rs 1.84 Cr.

The company currently has active open charges totaling ₹49.13 Cr. The company has closed loans amounting to ₹44.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chermas Exquisite Ltd India is Satya Garimella as CFO. Kaizad Pestonji, Cherazad Pestonji, Kayarmin Pestonji, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52322TG1985PLC005698

  • Company No.

    005698

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Fashion and Textile

Who are the key members and board of directors at Chermas Exquisite?

Executive Team (2)

Name Designation Appointment Date Status
Kayarmin Pestonji Country flag representing In Managing Director 01-Aug-1985 Current
Satya Garimella CFO 01-Sep-2020 Current

Board Members (4)

Name Designation Appointment Date Status
Kaizad Pestonji Country flag representing In Director 30-Sep-2014 Current
Cherazad Pestonji Country flag representing In Director 30-Sep-2014 Current
Gool Pestonji Country flag representing In Director 01-Aug-1985 Current
Asma Mahmood Country flag representing In Director 02-Nov-2007 Current

Financial Performance of Chermas Exquisite.

Chermas Exquisite Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 48.54% increase. The company also saw a slight improvement in profitability, with a 7.12% increase in profit. The company's net worth dipped by a decrease of 4.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
48.54%
Revenue from Operations
55.70%
Total Assets
-1.62%
Profit or Loss
7.12%
Net Worth
-4.92%
EBITDA
-6.82%

What is the Ownership and Shareholding Structure of Chermas Exquisite?

In 2022, Chermas Exquisite had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.13 Cr

Satisfied Charges

₹44.01 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 45.24 Cr
  • Tamilnad Mercantile Bank Limited : 3.89 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2024 Tamilnad Mercantile Bank Limited ₹3.89 Cr Open
30 Apr 2019 State Bank Of India ₹5.40 Cr Open
15 May 2018 State Bank Of India ₹8.00 Cr Open
29 Jun 2007 State Bank Of India ₹23.84 Cr Open
09 Sep 2005 State Bank Of India ₹8.00 Cr Open

How Many Employees Work at Chermas Exquisite?

Chermas Exquisite has a workforce of 34 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chermas Exquisite, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chermas Exquisite's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Chermas Exquisite

Recent activity within the organization

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 3.89 Cr with Charge ID 101009115 was registered on 30 Nov 2024.

    30 Nov 2024

  • Annual General Meeting

    Chermas Exquisite Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Chermas Exquisite Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 07 Apr 2004 via Charge ID 80001248 with State Bank Of India was fully satisfied on 28 Jun 2021.

    28 Jun 2021

  • Charges

    A charge registered on 07 Apr 2004 via Charge ID 80010995 with State Bank Of India was fully satisfied on 28 Jun 2021.

    28 Jun 2021

  • Director Appointment

    Satya Nagendra Garimella was appointed as a Cfo was appointed as a Cfo on 01 Sep 2020 & has been associated with this company since 4 years 5 months .

    01 Sep 2020

Frequently asked questions

  • Chermas Exquisite Ltd was incorporated on 01 Aug 1985.

  • The authorized share capital of Chermas Exquisite Ltd is ₹ 27.00 Cr and paid-up capital is ₹ 1.84 Cr.

  • Currently 6 directors are associated with Chermas Exquisite Ltd.

    • Kaizad Kayarmin Pestonji
    • Cherazad Kayarmin Pestonji
    • Kayarmin Ferozsha Pestonji
    • Gool Kayarmin Pestonji
    • Asma Mahmood
    • Satya Nagendra Garimella
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chermas Exquisite Ltd is 5-8-341 Chiragali Lane Abids, India, Hyderabad. A.P, Telangana, 500001.

  • The corporate identification number (CIN) of Chermas Exquisite Ltd is U52322TG1985PLC005698 and the company number is 005698 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chermas Exquisite Ltd is https://www.chermasindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Chermas Exquisite Ltd has risen by 48.54%.

  • As Per 2022 financial reports, 34 employees are currently employed by Chermas Exquisite Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Chermas Exquisite Ltd has experienced an downturn of -4.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Chermas Exquisite Ltd amount to ₹ 49.13 Cr.

  • The most recent Balance Sheet for Chermas Exquisite Ltd was filed with the ROC on 31 Mar 2023.

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