Av Garments Private Limited

Av Garments Private Limited - fashion and textile in Kolhapur, Maharashtra, India. Directors, charges & compliance details.
CIN U18209PN2020PTC192515 Incorporated 30 July 2020 ROC Pune HQ Kolhapur, Maharashtra, India
Active Private Limited Company fashion and textile MSME · Micro
Data last updated
Revenue · FY 2024
₹35.72 Lakh
▼ 11% YoY
Net profit · FY 2024
₹3.16 Lakh
Net margin 8.9%
EBITDA · FY 2024
₹6.18 Lakh
EBITDA margin 17.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Av Garments Private Limited

Data last updated:

Av Garments Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 30 July 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U18209PN2020PTC192515. Its GSTIN is 27AATCA7792H1ZW (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Somnath Vinayak Patil and Arjun Ramu Divate.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Vinayak Viragonda Patil Gat No.1451 Mahagaon Tal – Gadhingalj, Kolhapur, Maharashtra, India – 416503.

As per the financials filed for FY 2024, the company reported a revenue of ₹35.72 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Lakh (net margin 8.9%) and EBITDA of ₹6.18 Lakh (EBITDA margin 17.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Av Garments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0029918).

Company Details of Av Garments Private Limited
CIN U18209PN2020PTC192515
Registration Number 192515
Incorporation Date 30 July 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-15-0029918
Key People
Somnath Vinayak Patil Director Arjun Ramu Divate Director

Recognitions & Rankings of Av Garments

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-15-0029918
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    C/O Vinayak Viragonda Patil Gat No.1451 Mahagaon Tal – Gadhingalj, Kolhapur, Maharashtra, India – 416503
  • Industry
    Fashion and Textile, Designer & Branded Fashion
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Financials, compliance, directors, charges, ownership and filings for Av Garments Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity

The main business activity of Av Garments is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
Premium access

Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Financials of Av Garments Private Limited

FY 2024 filings available

Av Garments Private Limited reported revenue of ₹35.72 Lakh (down 11% YoY) for FY 2024.

Revenue · FY 2024
₹35.72 Lakh ▼ 11%
Net profit · FY 2024
₹3.16 Lakh margin 8.9%
EBITDA · FY 2024
₹6.18 Lakh margin 17.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 8%

Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 11% fall in the latest year. EBITDA fell 8% 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

MetricsFY 2023-24FY 2020-21 to FY 2022-23in the company report
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₹6.18 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹3.16 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

MetricsFY 2023-24FY 2020-21 to FY 2022-23in the company report
Profitability
EBITDA Margin17.3%
Net Profit Margin8.9%
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, and every line for FY 2020-21 to FY 2022-23, 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 Av Garments are in the company report.

Financial statements from FY 2021: available in the company report

Board of Directors of Av Garments Private Limited

Av Garments has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Somnath Vinayak Patil
Also directs: Sharda Sugars Private Limited, Harihara Sugars and Distilleries Limited, Mallikarjun Agro Processing Private Limited
Director30 Jul 20206 Years 2 MonthsCurrent
Arjun Ramu Divate
Also directs: Sharda Sugars Private Limited, Harihara Sugars and Distilleries Limited, Mallikarjun Agro Processing Private Limited
Director30 Jul 20206 Years 2 MonthsCurrent
View all directors

Peer Comparison

Av Garments Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Thermo Print India Private Limited₹35.8 Lakh (FY 2025)••••••••-5.0%••••Punjab, India
Av Garments Private Limited this company₹35.72 Lakh (FY 2024)••••••••-11.0%••••Kolhapur, Maharashtra, India
Kenam Exim Private Limited₹35.7 Lakh (FY 2025)••••••••-86.0%••••New Delhi, Delhi, India
Banashankari Textiles Private Limited₹35.69 Lakh (FY 2024)••••••••0.0%••••Bangalore, Karnataka, India
Puma Fabrics P Ltd₹35.66 Lakh (FY 2025)••••••••38.0%••••Kolhapur, Maharashtra, India
Airavata Weaves and Textiles Private Limited₹35.55 Lakh (FY 2024)••••••••98.0%••••Hyderabad, Telangana, India

Peers are the companies nearest to Av Garments by revenue, above and below it, in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings

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

Employees and EPFO Compliance

Employment history and EPFO contributions of people linked to Av Garments.

Employee and EPFO history: available in the company report

Recent Activity

Av Garments Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Arjun Ramu Divate was appointed as Director on 30 Jul 2020.

AGM
Av Garments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Av Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Arjun Ramu Divate was appointed as Director.
Appointed
Somnath Vinayak Patil was appointed as Director.
Incorporation
30 Jul 2020
Av Garments Private Limited was registered on 30 Jul 2020 with Roc Pune & aged 6 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

MSME Payment Delays

MSME payment history: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Av Garments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AATCA7792H1ZWMaharashtraActive26 Oct 2020

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and documents: available in the company report

Frequently Asked Questions

Av Garments is an active private limited company based in Kolhapur, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 30 July 2020 (6+ years old) and is registered under CIN U18209PN2020PTC192515.

Av Garments has 2 current directors:

The latest financial statements of Av Garments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Av Garments is 27AATCA7792H1ZW, registered in Maharashtra.

The CIN (Corporate Identification Number) of Av Garments is U18209PN2020PTC192515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Av Garments has 1 court case on record: 1 filed against it. 1 is pending.

Av Garments was incorporated on 30 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Av Garments by revenue are Thermo Print India Private Limited, Kenam Exim Private Limited, Banashankari Textiles Private Limited, Puma Fabrics P Ltd, Airavata Weaves and Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Arjun Ramu Divate was appointed as Director on 30 Jul 2020. Somnath Vinayak Patil was appointed as Director on 30 Jul 2020.

Yes, Av Garments is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-15-0029918).

The registered office of Av Garments is at CO Vinayak Viragonda Patil Gat No.1451 Mahagaon Tal – Gadhingalj, Kolhapur, Maharashtra, India – 416503.

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