Balaji Garments Private Limited

Balaji Garments Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U18101KA1996PTC020758 Incorporated 05 July 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company fashion and textile MSME · Micro
Data last updated
Revenue · FY 2024
₹7.85 Cr
▼ 7.08% YoY
Net profit · FY 2024
₹5.66 Cr
Net margin 72%
EBITDA · FY 2024
₹7.27 Cr
EBITDA margin 92.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Satisfied charges
₹4.92 Cr
No open charges
Company age
30 yrs
Est. 1996
Employees · EPFO
43
Provident fund records

About Balaji Garments Private Limited

Data last updated:

Balaji Garments Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 05 July 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA1996PTC020758. Its GSTIN is 29AAACB8622L1ZE (Karnataka).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Abhishek Chaturvedi and Atish Chaturvedi.

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 No.6 Bhrv Complex 5 Floor Icross A – 5 Charstreet Bangalore, Karnataka, India – 560053.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.85 Cr. For the same year it recorded a net profit of ₹5.66 Cr (net margin 72%) and EBITDA of ₹7.27 Cr (EBITDA margin 92.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.

The company has about 43 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹4.92 Cr on record. Court records list 20 cases involving the company, including 1 filed by the company and 19 filed against it; 1 case is pending.

Balaji Garments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0094563). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18101KA1996PTC020758
Registration Number 020758
Incorporation Date 05 July 1996
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 Micro
Udyam Registration UDYAM-KR-03-0094563
Key People
Abhishek Chaturvedi Director Atish Chaturvedi Director Avinash Chaturvedi Director

Recognitions & Rankings of Balaji Garments

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KR-03-0094563

Contact details

Balaji Garments Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.6 Bhrv Complex 5 Floor Icross A – 5 Charstreet Bangalore, Karnataka, India – 560053
  • Industry
    Fashion and Textile, Designer & Branded Fashion

To see the full contact details of Balaji Garments Private Limited, buy the company report.

Comprehensive company report
Balaji Garments 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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Financials of Balaji Garments Private Limited

FY 2025 filings available

Balaji Garments Private Limited reported revenue of ₹7.85 Cr for FY 2024.

Revenue · FY 2024
₹7.85 Cr
Net profit · FY 2024
₹5.66 Cr margin 72%
EBITDA · FY 2024
₹7.27 Cr margin 92.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
5 years · compounded
▲ 13%
EBITDA CAGR growth
3 years · compounded
▲ 156%
5 years · compounded
▲ 115%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years. 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 2022-23FY 2021-22FY 2020-21FY 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₹7.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.66 Cr
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 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin92.5%
Net Profit Margin72%
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 Balaji Garments Private Limited, buy the company report.

Board of directors of Balaji Garments Private Limited

Balaji Garments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhishek ChaturvediDirector05 Jul 199630 Years 4 MonthsCurrent
Atish ChaturvediDirector05 Jul 199630 Years 4 MonthsCurrent
Avinash ChaturvediDirector05 Jul 199630 Years 4 MonthsCurrent
View all directors

Peer comparison

Balaji Garments Private Limited is compared with the 8 companies closest to it by revenue 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Primetex Brands Private Limited₹7.87 Cr (FY 2025)4.0%New Delhi, Delhi, India
Simon and Cailand Private Limited₹7.86 Cr (FY 2024)-16.0%New Delhi, Delhi, India
Rapid Creations Private Limited₹7.86 Cr (FY 2025)28.0%Delhi, India
Kism Textile Private Limited₹7.85 Cr (FY 2024)-11.0%Mumbai, Maharashtra, India
Rudrasagar Silk Limited₹7.85 Cr (FY 2024)11.0%Guwahati, Assam, India
Balaji Garments Private Limitedthis company₹7.85 Cr (FY 2024)₹5.66 Cr72%43Bangalore, Karnataka, India
Eastern Fine Printing India Private Limited₹7.85 Cr (FY 2025)33.0%Mumbai, Maharashtra, India
Gopi Textile Private Limited₹7.84 Cr (FY 2025)-4.0%Khurda, Odisha, India
Truelan Textiles Private Limited₹7.84 Cr (FY 2025)18.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Balaji Garments Private Limited, buy the company report.

Shareholding

The shareholding of Balaji Garments Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balaji Garments Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4.92 Cr
Breakdown by lending institutions
State Bank of India₹3.30 Cr
Lakshmi Vilas Bank₹0.70 Cr
The Lakshmi Vilas Bank Ltd₹0.41 Cr
The Lakshmi Vilas Bank Ltd.₹0.41 Cr
Lakshmi Vilas Bank Limited₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Mar 201010214487State Bank of India₹3.3 CrSatisfied
12 Dec 200810138527Lakshmi Vilas Bank₹70 LakhSatisfied
11 Nov 200610025864Lakshmi Vilas Bank Limited₹10 LakhSatisfied
22 Jun 200590198612The Lakshmi Vilas Bank Ltd₹41 LakhSatisfied
22 Jun 200590199833The Lakshmi Vilas Bank Ltd.₹41 LakhSatisfied

To see the full charge records of Balaji Garments Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Balaji Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Balaji Garments Private Limited has a workforce of 43 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
43
Active EPFO establishments
2

GST

Balaji Garments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACB8622L1ZEKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Balaji Garments Private Limited, buy the company report.

Recent activity

Balaji Garments Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Girishchandra Chaturvedi ceased to be Director on 13 Apr 2011.

AGM
Balaji Garments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Balaji Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 23 Mar 2010 via Charge ID 10214487 with State Bank Of India was fully satisfied on 12 Sep 2023.
Charges
A charge with State Bank Of India of Rs. 3.30 Cr registered on 23 Mar 2010 with Charge ID 10214487 was modified on 22 Nov 2012.
Ceased
Girishchandra Chaturvedi ceased to be Director.
Charges
A charge registered on 12 Dec 2008 via Charge ID 10138527 with Lakshmi Vilas Bank was fully satisfied on 29 Mar 2010.
Charges
A charge registered on 11 Nov 2006 via Charge ID 10025864 with Lakshmi Vilas Bank Limited was fully satisfied on 29 Mar 2010.
Charges
A charge registered on 22 Jun 2005 via Charge ID 90198612 with The Lakshmi Vilas Bank Ltd was fully satisfied on 29 Mar 2010.
Charges
A charge registered on 22 Jun 2005 via Charge ID 90199833 with The Lakshmi Vilas Bank Ltd. was fully satisfied on 29 Mar 2010.
Charges
A charge with State Bank Of India amounted to Rs. 3.30 Cr with Charge ID 10214487 was registered on 23 Mar 2010.
Charges
A charge with Lakshmi Vilas Bank of Rs. 0.70 Cr registered on 12 Dec 2008 with Charge ID 10138527 was modified on 07 May 2009.
Charges
A charge with Lakshmi Vilas Bank amounted to Rs. 0.70 Cr with Charge ID 10138527 was registered on 12 Dec 2008.

9 earlier events are in the company report.

Frequently asked questions

Balaji Garments is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 05 July 1996 (30+ years old) and is registered under CIN U18101KA1996PTC020758.

Balaji Garments has 3 current directors:

The latest financial statements of Balaji Garments 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 Balaji Garments is 29AAACB8622L1ZE, registered in Karnataka.

The CIN (Corporate Identification Number) of Balaji Garments is U18101KA1996PTC020758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Balaji Garments has 20 court cases on record: 1 filed by the company and 19 filed against it. 1 is pending. Most are in the district courts.

Balaji Garments was incorporated on 05 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Balaji Garments by revenue are Primetex Brands Private Limited, Simon and Cailand Private Limited, Rapid Creations Private Limited, Kism Textile Private Limited, Rudrasagar Silk Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Girishchandra Chaturvedi ceased to be Director on 13 Apr 2011. Abhishek Chaturvedi was appointed as Director on 05 Jul 1996. Atish Chaturvedi was appointed as Director on 05 Jul 1996. Balaji Garments has 4 board changes on record in total.

Yes, Balaji Garments is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0094563).

The registered office of Balaji Garments is at No.6 Bhrv Complex 5 Floor Icross A – 5 Charstreet Bangalore, Karnataka, India – 560053.