MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0010130
_PRIVATE_LIMITED.webp)
Garcicon (India) Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.41 Cr
▼ 44% YoY
Net profit · FY 2024
₹9.09 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹12.54 Lakh
EBITDA margin 3.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Garcicon (India) Private Limited
Data last updated:
Garcicon (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1994PTC015382. Its GSTIN is 29AAACG6102G1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Harish Batarao and Mahalakshmi Harish.
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 3300 12th A Main Hal II Stage, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.41 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹9.09 Lakh (net margin 2.7%) and EBITDA of ₹12.54 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Garcicon (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0010130). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garcicon.com.
Company details
CIN U85110KA1994PTC015382
Registration Number 015382
Incorporation Date 18 March 1994
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0010130
CIN history
Garcicon (India) has one previous CIN (Corporate Identification Number): U24111KA1994PTC015382. The current CIN is U85110KA1994PTC015382, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PTC015382 | Current |
| U24111KA1994PTC015382 | Previous |
Recognitions & Rankings of Garcicon (India)
Contact details
Garcicon (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is garcicon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3300 12th A Main Hal II Stage, Bangalore, Karnataka, India – 560008
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Garcicon (India) Private Limited, buy the company report.
Comprehensive company report
Garcicon (India) Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of Garcicon (India) are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Garcicon (India) Private Limited, buy the company report.
Financials of Garcicon (India) Private Limited
FY 2025 filings availableGarcicon (India) Private Limited reported revenue of ₹3.41 Cr (down 44% YoY) for FY 2024.
Revenue · FY 2024
₹3.41 Cr ▼ 44%
Net profit · FY 2024
₹9.09 Lakh margin 2.7%
EBITDA · FY 2024
₹12.54 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 50%
5 years · compounded
▲ 12%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 44% fall in the latest year. EBITDA fell 36% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.09 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Garcicon (India) Private Limited, buy the company report.
Board of directors of Garcicon (India) Private Limited
Garcicon (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Batarao | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
| Mahalakshmi Harish | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
Auditor
Garcicon (India) Private Limited is audited by ARU & DEV for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARU & DEV | FY 2023 | 013951 |
Shareholding
The shareholding of Garcicon (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garcicon (India) Private Limited, buy the company report.
Legal cases
Garcicon (India) Private Limited has 3 court cases on record: 2 filed by Garcicon (India), 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Fleetguard Filters Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Garcicon (India) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garcicon (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garcicon (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG6102G1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garcicon (India) Private Limited, buy the company report.
Recent activity
Garcicon (India) Private Limited has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Harish Batarao ceased to be Additional Director on 29 Sep 2023.
AGM
Garcicon (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Garcicon (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Harish Batarao ceased to be Additional Director.
Ceased
Mahalakshmi Harish ceased to be Additional Director.
Ceased
Asha Maheshwari ceased to be Whole-Time Director.
Ceased
Ashok Maheshwari ceased to be Managing Director.
Appointed
Harish Batarao was appointed as Director.
Appointed
Mahalakshmi Harish was appointed as Director.
Ceased
Munnalal Vishwakarma ceased to be Additional Director.
Ceased
Nirmala Shashikala Arun ceased to be Additional Director.
Ceased
Neha Maheshwari ceased to be Additional Director.
Incorporation
18 Mar 1994
Garcicon (India) Private Limited was registered on 18 Mar 1994 with Roc Bangalore & aged 32 years 7 months as per MCA records.
Frequently asked questions
Garcicon (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 18 March 1994 (32+ years old) and is registered under CIN U85110KA1994PTC015382.
Garcicon (India) has 2 current directors:
- Harish Batarao - Director
- Mahalakshmi Harish - Director
The latest financial statements of Garcicon (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Garcicon (India) is 29AAACG6102G1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Garcicon (India) is U85110KA1994PTC015382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garcicon (India) has 3 court cases on record: 2 filed by the company and 1 filed against it.
Garcicon (India) was incorporated on 18 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Harish Batarao ceased to be Additional Director on 29 Sep 2023. Mahalakshmi Harish ceased to be Additional Director on 29 Sep 2023. Asha Maheshwari ceased to be Whole-Time Director on 10 Apr 2023. Garcicon (India) has 9 board changes on record in total.
Yes, Garcicon (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0010130).
Garcicon (India) can be reached through the website garcicon.com. Its registered office is in Bangalore, Karnataka, India.
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