Dhruv Globals Limited - manufacturing in Faridabad, Haryana, India. FY 2026 financials & compliance.
CIN U18101HR2001PLC095840 Incorporated 11 May 2001 ROC Delhi HQ Faridabad, Haryana, India
Active Public Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2022
₹496.85 Cr
▲ 71% YoY
Net profit · FY 2022
₹28.4 Cr
Net margin 5.7%
EBITDA · FY 2022
₹42.91 Cr
EBITDA margin 8.6%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.2 Cr
Issued & subscribed
Open charges
₹137.83 Cr
Satisfied ₹485.3 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
3,378
Provident fund records

About Dhruv Globals Limited

Data last updated:

Dhruv Globals Limited is a public limited company based in Faridabad, Haryana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 May 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101HR2001PLC095840. Its GSTIN is 06AABCD3498H1ZK (Haryana). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.2 Cr. It was formerly known as Dhruv Globals Private Limited. It is led by directors including Shri Ram Goyal (Managing Director) and Dhruv Goyal (Whole-Time Director).

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 14th Milestone Mathura Road, Faridabad, Haryana, India – 121003.

As per the financials filed for FY 2022, the company reported a revenue of ₹496.85 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹28.4 Cr (net margin 5.7%) and EBITDA of ₹42.91 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 11% over five years.

The company has about 3,378 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Dhruv Globals and Muvazo. As per MCA filings, the company has open charges of ₹137.83 Cr and satisfied charges of ₹485.3 Cr on record. Court records list 25 cases involving the company, including 2 filed by the company and 22 filed against it; 4 cases are pending. The company has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹16.49 Cr; the latest was in March 2024. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Balar Synthetics Private Limited with revenue of ₹286.11 Cr.

Dhruv Globals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0003843). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhruvglobals.com.

Company Details of Dhruv Globals Limited
CIN U18101HR2001PLC095840
Registration Number 095840
Incorporation Date 11 May 2001
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0003843

CIN History of Dhruv Globals Limited

Dhruv Globals has one previous CIN (Corporate Identification Number): U18101DL2001PLC110804. The current CIN is U18101HR2001PLC095840, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U18101HR2001PLC095840Current
U18101DL2001PLC110804Previous

Recognitions & Rankings of Dhruv Globals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-03-0003843
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    14th Milestone Mathura Road, Faridabad, Haryana, India – 121003
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Dhruv Globals Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Dhruv Globals Limited

Dhruv Globals operates two associated brands: Dhruv Globals and Muvazo. Each brand links to its own profile.

BrandDescriptionWebsite
Serves as a contract manufacturer for garment products.dhruvglobals.com
Provides premium athleisure clothing for men and women through online sales.muvazo.com

Business Activity of Dhruv Globals Limited

The main business activity of Dhruv Globals 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
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Business activity turnover details

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

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Financials of Dhruv Globals Limited FY 2024 filings available

Dhruv Globals Limited reported revenue of ₹496.85 Cr (up 71% YoY) for FY 2022.

Revenue · FY 2022
₹496.85 Cr ▲ 71%
Net profit · FY 2022
₹28.4 Cr margin 5.7%
EBITDA · FY 2022
₹42.91 Cr margin 8.6%

Compounded Annual Growth Rate (CAGR) of Dhruv Globals Limited

Revenue CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 20%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 263%
3 years · compounded
▲ 20%
5 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 71% growth in the latest year. EBITDA rose 263% 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 Dhruv Globals Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹496.85 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹42.91 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹28.4 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 of Dhruv Globals Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin8.6%••••••••••••••••
Net Profit Margin5.7%••••••••••••••••
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••••••••••••••••••••

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 Dhruv Globals are in the company report.

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Financial statements from 2015

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Board of Directors of Dhruv Globals Limited

Dhruv Globals has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gagan GoyalDirector10 May 20224 Years 5 MonthsCurrent
Shri Ram GoyalManaging Director11 May 200125 Years 5 MonthsCurrent
Dhruv GoyalWhole-Time Director10 Sep 201016 Years 1 MonthsCurrent
Sachit GuptaDirector27 Apr 20179 Years 5 MonthsCurrent
Babu Lal JainDirector25 Mar 201511 Years 6 MonthsCurrent
Sangita GoyalDirector25 Mar 20197 Years 6 MonthsCurrent

Peer Comparison of Dhruv Globals Limited

Dhruv Globals Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dhruv Globals Limited this company₹496.85 Cr (FY 2022)••••••••71.0%••••Faridabad, Haryana, India
Balar Synthetics Private Limited₹286.11 Cr (FY 2025)••••••••13.0%••••Bhilwara, Rajasthan, India
Kian-M Export Private Limited₹285.88 Cr (FY 2025)••••••••593.0%••••Rajkot, Gujarat, India
Radheshyam Cotspin Private Limited₹285.86 Cr (FY 2025)••••••••9.0%••••At Babra, Gujarat, India
Carloo Tex Private Limited₹285.74 Cr (FY 2024)••••••••1283.0%••••Tirupur, Tamil Nadu, India
Premier Texturisers Private Limited₹285.25 Cr (FY 2017)••••••••3.0%••••Coimbatore, Tamil Nadu, India
Veebee Yarnntex Private Limited₹284.2 Cr (FY 2025)••••••••-2.0%••••Rajapalayam, Tamil Nadu, India
Adisankara Spinning Mills Private Limited₹283.43 Cr (FY 2024)••••••••-12.0%••••Tiruppur, Tamil Nadu, India
Nova Textiles Private Limited₹283.02 Cr (FY 2025)••••••••-39.0%••••Mumbai, Maharashtra, India
Baldev Textile Mills Private Limited₹282.98 Cr (FY 2025)••••••••3.0%••••Hatkanangale, Maharashtra, India
Amisha Vinyls Private Limited₹282.73 Cr (FY 2025)••••••••4.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Dhruv Globals by revenue in the Manufacturing industry (Textiles), 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 Dhruv Globals Limited

Dhruv Globals Limited is audited by A K Bhagav & Co. for the financial year 2022.

NameStatusAppointment DateCessation Date
A K Bhagav & Co.LockedLockedLocked
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Ownership and Shareholding of Dhruv Globals Limited

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Charges & Borrowings of Dhruv Globals Limited

Open charges
₹137.83 Cr
Satisfied charges
₹485.3 Cr
Breakdown by lending institutions
Yes Bank Limited₹61.20 Cr
Standard Chartered Bank₹37.00 Cr
Hdfc Bank Limited₹32.36 Cr
Others₹6.00 Cr
Axis Bank Limited₹1.27 Cr
Latest charge details
DateLenderAmountStatus
18 Sep 2023Yes Bank Limited₹27.1 CrOpen
21 Aug 2023Hdfc Bank Limited₹21 LakhOpen
28 Jun 2023Hdfc Bank Limited₹45 LakhOpen
24 May 2023Hdfc Bank Limited₹23 LakhOpen
28 Feb 2022Axis Bank Limited₹1.27 CrOpen

Total charge records: 21 View all charges

Deals & Funding of Dhruv Globals Limited

Dhruv Globals Limited has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹16.49 Cr; the latest was in March 2024.

Total deals
17
Secondary share transfers
14
Funding rounds
3
Disclosed funding
₹16.49 Cr

Deals on record (5 of 17)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Cosmic Alloys and Metal Works Private Limited , 3 individuals
Seller: Bonlon Industries Limited , an individual
Mar 2020Secondary share transferUndisclosedBuyer: Bonlon Industries Limited
Seller: Harshit Promoters Private Limited
Mar 2015Secondary share transferUndisclosedBuyer: Vinco Metals Private Limited , Shri Ram Goyal HUF, 2 individuals
Seller: Metcalf Traders Private Limited, Victory Tie-Up Private Limited, 2 individuals
Oct 2014Secondary share transferUndisclosedBuyer: an individual
Seller: R M Cresec Private Limited , Krishan Mittal HUF
Jun 2014Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Sagar Tie Up Private Limited , Mahadhan Vyappar Private Limited, Shambunath Properties Private Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Dhruv Globals Limited

Dhruv Globals Limited has a workforce of 3,378 employees as of Apr 05, 2024.

Employee count
3,378
Active EPFO establishments
1
Employee growth
-25.1%
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Recent Activity on Dhruv Globals Limited

Dhruv Globals Limited has 18 board changes on record since 2001: 6 appointments and 12 cessations. The latest: Gagan Goyal ceased to be Additional Director on 30 Sep 2022.

Charges
A charge registered on 21 Feb 2023 via Charge ID 100690904 with Sbicap Trustee Company Limited was fully satisfied on 03 Oct 2025.
Charges
A charge registered on 01 Mar 2012 via Charge ID 10343428 with State Bank Of India was fully satisfied on 24 Jul 2025.
AGM
Dhruv Globals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dhruv Globals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Yes Bank Limited amounted to Rs. 27.10 Cr with Charge ID 100780949 was registered on 18 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100769856 was registered on 21 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100823193 was registered on 28 Jun 2023.
Charges
A charge with Standard Chartered Bank of Rs. 36.00 Cr registered on 14 Jun 2016 with Charge ID 100033383 was modified on 13 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100755716 was registered on 24 May 2023.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 166.00 Cr with Charge ID 100690904 was registered on 21 Feb 2023.
Charges
A charge with Standard Chartered Bank of Rs. 1.00 Cr registered on 29 Oct 2018 with Charge ID 100225678 was modified on 30 Jan 2023.
Charges
A charge with Yes Bank Limited of Rs. 27.10 Cr registered on 09 Jan 2017 with Charge ID 100083877 was modified on 06 Dec 2022.

47 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Dhruv Globals Limited

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MSME Payment Delays by Dhruv Globals Limited

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Subsidiaries & Group Companies of Dhruv Globals Limited

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GST Compliance of Dhruv Globals Limited

Dhruv Globals has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AABCD3498H1ZKHaryanaActive01 Jul 2017
07AABCD3498H1ZIDelhiActive20 Apr 2021
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MCA Filings & Documents of Dhruv Globals Limited

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Frequently Asked Questions about Dhruv Globals Limited

Dhruv Globals is an active public limited company based in Faridabad, Haryana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 May 2001 (25+ years old) and is registered under CIN U18101HR2001PLC095840.

Dhruv Globals reported revenue of ₹496.85 Cr for FY 2022 (up 71% YoY).

Dhruv Globals has 6 current directors:

Dhruv Globals reported a net profit of ₹28.4 Cr (net margin 5.7%) and EBITDA of ₹42.91 Cr (EBITDA margin 8.6%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Dhruv Globals is 20% over three years and 11% over five years. In the latest year (FY 2022) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Dhruv Globals is 06AABCD3498H1ZK, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AABCD3498H1ZI (Delhi).

The CIN (Corporate Identification Number) of Dhruv Globals is U18101HR2001PLC095840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dhruv Globals has 25 court cases on record: 2 filed by the company and 22 filed against it. 4 are pending. Most are in the district courts.

Dhruv Globals was incorporated on 11 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.

Dhruv Globals has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹16.49 Cr; the latest was in March 2024.

The peers of Dhruv Globals by revenue are Balar Synthetics Private Limited, Kian-M Export Private Limited, Radheshyam Cotspin Private Limited, Carloo Tex Private Limited, Premier Texturisers Private Limited and 5 more, all in the Manufacturing industry (Textiles).

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