Agarwal Sarees Private Limited

Agarwal Sarees Private Limited - fashion and textile in West Bengal, India. Directors, charges & compliance details.
CIN U18101WB2003PTC096704 Incorporated 16 July 2003 ROC Kolkata HQ West Bengal, India
Merged Private Limited Company fashion and textile
Data last updated
Revenue · FY 2023
₹4.62 Cr
▲ 19% YoY
Net profit · FY 2023
₹13.42 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹21.13 Lakh
EBITDA margin 4.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.99 Cr
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Agarwal Sarees Private Limited

Data last updated:

Agarwal Sarees Private Limited was a private limited company based in West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 July 2003.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U18101WB2003PTC096704. Its GSTIN is 19AAECA3299E1ZK (West Bengal).

The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was led by directors Vikash Agarwal (Whole-Time Director) and Suryakant Agarwal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 111A Park Street 3rd Floor Kol – 16, West Bengal, India.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.62 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹13.42 Lakh (net margin 2.9%) and EBITDA of ₹21.13 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.

The company was associated with 1 brand: Agarwal Sarees. Court records list 6 cases involving the company, including 6 filed by the company; 5 cases are pending.

The last known website on record is agarwalsarees.com.

Company Details of Agarwal Sarees Private Limited
CIN U18101WB2003PTC096704
Registration Number 096704
Incorporation Date 16 July 2003
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 25 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    111A Park Street 3rd Floor Kol – 16, West Bengal, India
  • Industry
    Fashion and Textile, Fashion Retail
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Financials, compliance, directors, charges, ownership and filings for Agarwal Sarees Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Agarwal Sarees Private Limited

Agarwal Sarees operates one associated brand: Agarwal Sarees. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and sells ethnic wear including lehengas and sarees for various occasions.agarwalsarees.com

Business Activity of Agarwal Sarees Private Limited

The main business activity of Agarwal Sarees is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Agarwal Sarees Private Limited FY 2023 filings available

Agarwal Sarees Private Limited reported revenue of ₹4.62 Cr (up 19% YoY) for FY 2023.

Revenue · FY 2023
₹4.62 Cr ▲ 19%
Net profit · FY 2023
₹13.42 Lakh margin 2.9%
EBITDA · FY 2023
₹21.13 Lakh margin 4.6%

Compounded Annual Growth Rate (CAGR) of Agarwal Sarees Private Limited

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 49%
5 years · compounded
▼ 10%

Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 19% growth in the latest year. EBITDA fell 14% 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 Agarwal Sarees Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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₹21.13 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹13.42 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 Agarwal Sarees Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin4.6%••••••••••••••••
Net Profit Margin2.9%••••••••••••••••
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 Agarwal Sarees are in the company report.

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Financial statements from 2015

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Board of Directors of Agarwal Sarees Private Limited

Agarwal Sarees has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vikash AgarwalWhole-Time Director06 Aug 200323 Years 2 MonthsAs last reported
Suryakant AgarwalWhole-Time Director06 Aug 200323 Years 2 MonthsAs last reported

Peer Comparison of Agarwal Sarees Private Limited

Agarwal Sarees Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Sarees). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aduri Dresses Private Limited₹4.66 Cr (FY 2025)••••••••-23.0%••••Howrah, West Bengal, India
SF Creation Private Limited₹4.66 Cr (FY 2023)••••••••-75.0%••••Kolkata, West Bengal, India
Hena Vincom Pvt.Ltd.₹4.66 Cr (FY 2024)••••••••-36.0%••••Kolkata, West Bengal, India
Manifold Wrap Solutions Private Limited₹4.66 Cr (FY 2025)••••••••38.0%••••Hyderabad, Telangana, India
S T D Sarees Private Limited₹4.62 Cr (FY 2025)••••••••-12.0%••••Varanasi, Uttar Pradesh, India
Agarwal Sarees Private Limited this company₹4.62 Cr (FY 2023)••••••••19.0%••••West Bengal, India
VKCR Consultants Private Limited₹4.61 Cr (FY 2025)••••••••-15.0%••••Ludhiana, Punjab, India
Varsiddhi Saree Private Limited₹4.6 Cr (FY 2023)••••••••••••Jaipur, Rajasthan, India
Knit & Fit Fashions (India) Private Limited₹4.58 Cr (FY 2025)••••••••-18.0%••••Noida, Uttar Pradesh, India
Gents Corners Private Limited₹4.57 Cr (FY 2025)••••••••53.0%••••Bhopal, Madhya Pradesh, India
Bharat Reshma Designs Private Limited₹4.57 Cr (FY 2025)••••••••24.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Agarwal Sarees by revenue in the Apparel industry (Apparel Retail and Distribution, Sarees), 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 Agarwal Sarees Private Limited

Agarwal Sarees Private Limited is audited by KHETAN & ASSOCIATES for the financial year 2021.

NameStatusAppointment DateCessation Date
KHETAN & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Agarwal Sarees Private Limited

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Charges & Borrowings of Agarwal Sarees Private Limited

Agarwal Sarees Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Agarwal Sarees Private Limited

Employment history and EPFO contributions of people linked to Agarwal Sarees.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Agarwal Sarees Private Limited

Agarwal Sarees Private Limited has 7 board changes on record since 2003: 2 appointments and 5 cessations. The latest: Ramprakash Agarwal ceased to be Director on 12 May 2021.

AGM
Agarwal Sarees Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
Filing
Agarwal Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
Ceased
Ramprakash Agarwal ceased to be Director.
Ceased
Sita Agarwal ceased to be Director.
Ceased
Suryakant Agarwal ceased to be Director.
Ceased
Varsha Agarwal ceased to be Director.
Ceased
Vikash Agarwal ceased to be Director.
Appointed
Suryakant Agarwal was appointed as Whole-Time Director.
Appointed
Vikash Agarwal was appointed as Whole-Time Director.
Incorporation
16 Jul 2003
Agarwal Sarees Private Limited was registered on 16 Jul 2003 with Roc Kolkata & aged 23 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Agarwal Sarees Private Limited

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MSME Payment Delays by Agarwal Sarees Private Limited

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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Agarwal Sarees Private Limited

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Corporate group structure

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GST Compliance of Agarwal Sarees Private Limited

Agarwal Sarees has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AAECA3299E1ZKWest BengalActive07 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Agarwal Sarees Private Limited

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Frequently Asked Questions about Agarwal Sarees Private Limited

Agarwal Sarees has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Agarwal Sarees was a private limited company based in West Bengal, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 16 July 2003 and is registered under CIN U18101WB2003PTC096704. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Agarwal Sarees was incorporated on 16 July 2003. It is registered with the Registrar of Companies, Kolkata.

Agarwal Sarees had 2 directors:

The CIN (Corporate Identification Number) of Agarwal Sarees is U18101WB2003PTC096704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Agarwal Sarees is at 111A Park Street 3rd Floor Kol – 16, West Bengal, India.

Agarwal Sarees can be reached through the website agarwalsarees.com. Its registered office is in West Bengal, India.

Agarwal Sarees reported revenue of ₹4.62 Cr for FY 2023 (up 19% YoY).

Agarwal Sarees has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr.

Agarwal Sarees reported a net profit of ₹13.42 Lakh (net margin 2.9%) and EBITDA of ₹21.13 Lakh (EBITDA margin 4.6%) for FY 2023, as per its filed financial statements.

The GSTIN of Agarwal Sarees is 19AAECA3299E1ZK, registered in West Bengal.

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