Qrs Retail Limited

Retail company selling consumer durable and electronic appliances, with showrooms and online portal.

2006 | Thiruvananthapuram, Kerala (India) | Active
Last Updated: October 24, 2024

Qrs Retail Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.38 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 82.66 Cr
  • Satisfied Charges ₹ 135.98 Cr
  • Revenue Growth 10.42%
  • Profit Growth 9.72%
  • Ebitda -98.69%
  • Net Worth 5.46%
  • Total Assets 7.18%

About Qrs Retail

Qrs Retail Limited (QRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 October 2006 and has a history of 18 years and four months. Its registered office is in Thiruvananthapuram, Kerala, India.

The Company is engaged in the Consumer Electronics & Durables 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 10.00 Cr and a paid-up capital of Rs 8.38 Cr.

The company currently has active open charges totaling ₹82.66 Cr. The company has closed loans amounting to ₹135.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muralidharan Shunmugam, Shenbagamurthy Gauthaman, Giridharan Jayanth, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    qrs.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U52334KL2006PLC019890

  • Company No.

    019890

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Electronics & Durables

What products or services does Qrs Retail Limited offer?

Qrs Retail Limited offers a wide range of products and services, including LED, LCD, Smart TV and Home Theatre, TV, Mobile Phones, Lenovo Mobile Phones, LED TV, LG LED TV, Split Air Conditioners, LG Split Air Conditioners, Blenders, Electric Blender.

Who are the key members and board of directors at Qrs Retail?

Board Members (5)

NameDesignationAppointment DateStatus
Shenbagamurthy Gauthaman Country flag representing In Whole-Time Director 03-Oct-2006Current
Muralidharan Shunmugam Country flag representing In Whole-Time Director 03-Oct-2006Current
Giridharan Jayanth Country flag representing In Director 01-Apr-2009Current
Ajith Raghavan Country flag representing In Director 01-Apr-2009Current
Gauthaman Kanthimathi Country flag representing In Whole-Time Director 20-Jul-2015Current

Financial Performance of Qrs Retail.

Qrs Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.42% increase. The company also saw a slight improvement in profitability, with a 9.72% increase in profit. The company's net worth moved up by a moderate rise of 5.46%.

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
10.42%
Revenue from Operations
7.52%
Total Assets
7.18%
Profit or Loss
9.72%
Net Worth
5.46%
EBITDA
-98.69%

What is the Ownership and Shareholding Structure of Qrs Retail?

In 2023, Qrs Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.66 Cr

Satisfied Charges

₹135.98 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.67 Cr
  • The South Indian Bank Limited : 17.03 Cr
  • State Bank Of India : 6.00 Cr
  • Others : 5.97 Cr
  • Axis Bank Limited : 1.50 Cr
  • Others : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 2024Others₹2.00 CrOpen
06 Oct 2022The South Indian Bank Limited₹0.25 MOpen
19 Aug 2022Hdfc Bank Limited₹8.00 CrOpen
19 Jul 2022State Bank Of India₹6.00 CrOpen
03 Mar 2022Hdfc Bank Limited₹24.67 CrOpen

How Many Employees Work at Qrs Retail?

Qrs Retail has a workforce of 582 employees as of Apr 09, 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 Qrs Retail, 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 Qrs Retail'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 Qrs Retail

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100926888 was registered on 06 May 2024.

    06 May 2024

  • Annual General Meeting

    Qrs Retail Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Qrs Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 16 Oct 2018 via Charge ID 100249760 with Dhanlaxmi Bank Limited was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 07 Jun 2017 via Charge ID 100122946 with Dhanlaxmi Bank Limited was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 17 Mar 2014 via Charge ID 10490915 with Dhanlaxmi Bank Limited was fully satisfied on 29 Mar 2023.

    29 Mar 2023

Frequently asked questions

  • Qrs Retail Limited was incorporated on 03 Oct 2006.

  • The authorized share capital of Qrs Retail Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.38 Cr.

  • Currently 5 directors are associated with Qrs Retail Limited.

    • Muralidharan Shunmugam
    • Shenbagamurthy Gauthaman
    • Giridharan Jayanth
    • Ajith Raghavan
    • Gauthaman Kanthimathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qrs Retail Limited is Tc.25/2424 2Nd Floor Raymond Buildings, M.G Road India, Thiruvananthapuram, Kerala, 695001.

  • The corporate identification number (CIN) of Qrs Retail Limited is U52334KL2006PLC019890 and the company number is 019890 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Qrs Retail Limited is https://www.qrs.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qrs Retail Limited has risen by 10.42%.

  • As Per 2023 financial reports, 582 employees are currently employed by Qrs Retail Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qrs Retail Limited has experienced an upsurge of 5.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Qrs Retail Limited amount to ₹ 82.66 Cr.

  • The most recent Balance Sheet for Qrs Retail Limited was filed with the ROC on 31 Mar 2023.

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