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About Comet Tools (Guj ) Pvt Ltd
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Comet Tools (Guj ) Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28939GJ1989PTC012172. Its GSTIN is 24AAACC8654K1ZH (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Kishorbhai Dharamshibhai Garala and Bharatkumar Dharamshi Garala.
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 10 Nilesh Builders Nr Gokulchambers Dhabar Road, Rajkot, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.85 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 3.1%) and EBITDA of ₹3.22 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.75 Cr and satisfied charges of ₹3.46 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comettools.co.in.
Company details
Contact details
Comet Tools (Guj ) Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is comettools.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10 Nilesh Builders Nr Gokulchambers Dhabar Road, Rajkot, Gujarat, India
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Comet Tools (Guj ) Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Comet Tools (Guj ) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Comet Tools (Guj ) Pvt Ltd, buy the company report.
Financials of Comet Tools (Guj ) Pvt Ltd
FY 2025 filings availableComet Tools (Guj ) Pvt Ltd reported revenue of ₹44.85 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.22 Cr | ||||
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| Net Profit (PAT) | ₹1.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Comet Tools (Guj ) Pvt Ltd, buy the company report.
Board of directors of Comet Tools (Guj ) Pvt Ltd
Comet Tools (Guj ) has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishorbhai Dharamshibhai Garala | Director | 27 Apr 1989 | 37 Years 6 Months | Current |
| Bharatkumar Dharamshi Garala | Director | 27 Apr 1989 | 37 Years 6 Months | Current |
| Jayantilal Dharamshi Garala | Director | 27 Apr 1989 | 37 Years 6 Months | Current |
| Vinodrai Dharamshi Garala | Director | 27 Apr 1989 | 37 Years 6 Months | Current |
| Kishan Vinodrai Garala | Director | 15 May 2023 | 3 Years 5 Months | Current |
| Dineshbhai Liladharbhai Marvania | Director | 27 Apr 1989 | 37 Years 6 Months | Current |
Auditor
Comet Tools (Guj ) Pvt Ltd is audited by P.GHANSHYAM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.GHANSHYAM & CO. | FY 2023 | 103153W |
Shareholding
The shareholding of Comet Tools (Guj ) Pvt Ltd 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 Comet Tools (Guj ) Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2014 | 10500786 | Others | ₹11.23 Cr | Open | |
| 23 Mar 1990 | 90108637 | State Bank of Saurashtra | ₹20 Lakh | Open | |
| 23 Mar 1990 | 90111121 | State Bank of Saurashtra | ₹32.5 Lakh | Open | |
| 24 Dec 1996 | 90109533 | State Bank of India | ₹3.46 Cr | Satisfied |
To see the full charge records of Comet Tools (Guj ) Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Comet Tools (Guj ) Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Comet Tools (Guj ) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Comet Tools (Guj ) Pvt Ltd has a workforce of 24 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Comet Tools (Guj ) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC8654K1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comet Tools (Guj ) Pvt Ltd, buy the company report.
Recent activity
Comet Tools (Guj ) Pvt Ltd has 9 board changes on record since 1989: 7 appointments and 2 cessations. The latest: Dineshbhai Liladharbhai Marvania ceased to be Director on 07 Oct 2025.
8 earlier events are in the company report.
Frequently asked questions
Comet Tools (Guj ) is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 April 1989 (37+ years old) and is registered under CIN U28939GJ1989PTC012172.
Comet Tools (Guj ) has 7 current directors:
- Kishorbhai Dharamshibhai Garala - Director
- Bharatkumar Dharamshi Garala - Director
- Jayantilal Dharamshi Garala - Director
- Vinodrai Dharamshi Garala - Director
- Kishan Vinodrai Garala - Director
- Dineshbhai Liladharbhai Marvania - Director
- Ankur Jayantilal Garala - Director
The latest financial statements of Comet Tools (Guj ) 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 Comet Tools (Guj ) is 24AAACC8654K1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Comet Tools (Guj ) is U28939GJ1989PTC012172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Tools (Guj ) was incorporated on 27 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dineshbhai Liladharbhai Marvania ceased to be Director on 07 Oct 2025. Kishan Vinodrai Garala was appointed as Director on 15 May 2023. Kishan Vinodrai Garala ceased to be Director on 01 Jan 2022. Comet Tools (Guj ) has 9 board changes on record in total.
Comet Tools (Guj ) can be reached through the website comettools.co.in. Its registered office is in Rajkot, Gujarat, India.
The registered office of Comet Tools (Guj ) is at 10 Nilesh Builders Nr Gokulchambers Dhabar Road, Rajkot, Gujarat, India.
Comet Tools (Guj ) operates in the machinery and equipment industry, in the industrial tools and components segment.
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