MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0208021
Elsons Garments Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.45 Cr
▼ 56% YoY
Net profit · FY 2024
₹1.63 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹20.26 Lakh
EBITDA margin 14%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1.99 Lakh
Issued & subscribed
Open charges
₹1.01 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Employees · EPFO
4
Provident fund records
About Elsons Garments Private Limited
Data last updated:
Elsons Garments Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32301TN1988PTC016343. Its GSTIN is 33AAACE0778N1ZH (Tamil Nadu).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.99 Lakh. It is led by directors Gautam Anoop Bhagwandas Daswani (Whole-Time Director) and Anoop Bhagwan Daswani (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 849 Anna Salai Madras – 2 Tamilnadu Tamilnadu, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 1.1%) and EBITDA of ₹20.26 Lakh (EBITDA margin 14%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 35% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.01 Cr on record.
Elsons Garments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0208021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elsonsgarments.com.
Company details
CIN U32301TN1988PTC016343
Registration Number 016343
Incorporation Date 13 October 1988
ROC Chennai
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 Micro
Udyam Registration UDYAM-TN-02-0208021
Key People
Gautam Anoop Bhagwandas Daswani Whole-Time Director Anoop Bhagwan Daswani Whole-Time Director Recognitions & Rankings of Elsons Garments
Contact details
Elsons Garments Private Limited's registered office is in Chennai, Tamil Nadu. Its website is elsonsgarments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address849 Anna Salai Madras – 2 Tamilnadu Tamilnadu, Chennai, Tamil Nadu, India – 600002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Elsons Garments Private Limited, buy the company report.
Comprehensive company report
Elsons 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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Business activity
The main business activity of Elsons Garments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Elsons Garments Private Limited, buy the company report.
Financials of Elsons Garments Private Limited
FY 2024 filings availableElsons Garments Private Limited reported revenue of ₹1.45 Cr (down 56% YoY) for FY 2024.
Revenue · FY 2024
₹1.45 Cr ▼ 56%
Net profit · FY 2024
₹1.63 Lakh margin 1.1%
EBITDA · FY 2024
₹20.26 Lakh margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 12%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 10%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 56% fall in the latest year. EBITDA fell 22% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Elsons Garments Private Limited, buy the company report.
Board of directors of Elsons Garments Private Limited
Elsons Garments has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Anoop Bhagwandas Daswani | Whole-Time Director | 30 Jun 2003 | 23 Years 4 Months | Current |
| Anoop Bhagwan Daswani | Whole-Time Director | 14 Oct 1988 | 38 Years 0 Months | Current |
Peer comparison
Elsons Garments Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dots 'N' Roses Private Limited | ₹1.46 Cr (FY 2024) | -45.0% | Haiderpur, Delhi, India | |||
| Sodhi's Jaypore Textiles & Home Furnishings Private Limited | ₹1.46 Cr (FY 2025) | -5.0% | Jaipur, Rajasthan, India | |||
| Jill Mill Jari House Private Limited | ₹1.45 Cr (FY 2020) | -34.0% | Surat, Gujarat, India | |||
| Elsons Garments Private Limitedthis company | ₹1.45 Cr (FY 2024) | ₹1.63 Lakh | 1.1% | -56.0% | 4 | Chennai, Tamil Nadu, India |
| Speciality Flocks India Private Limited | ₹1.45 Cr (FY 2025) | 16.0% | Navi Mumbai, Maharashtra, India | |||
| Lukasz Fashion Private Limited | ₹1.45 Cr (FY 2025) | -12.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Elsons Garments Private Limited, buy the company report.
Auditor
Elsons Garments Private Limited is audited by AMUL&ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMUL&ASSOCIATES | FY 2022 | 000105S |
Shareholding
The shareholding of Elsons Garments Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elsons Garments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.01 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2001 | 90306605 | Uco Bank | ₹93 Lakh | Open | |
| 06 Dec 1991 | 90304598 | Uco Bank | ₹60,000 | Open | |
| 20 May 1991 | 90304560 | Uco Bank | ₹1 Lakh | Open | |
| 04 Mar 1991 | 90308251 | Sundaram Finance Limited | ₹1.34 Lakh | Open | |
| 26 Oct 1990 | 90304508 | Uco Bank | ₹5 Lakh | Open |
To see the full charge records of Elsons Garments Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Elsons Garments Private Limited 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 Elsons Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elsons Garments Private Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Elsons Garments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACE0778N1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elsons Garments Private Limited, buy the company report.
Recent activity
Elsons Garments Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Roop Daswani Bhagwan ceased to be Whole-Time Director on 18 Mar 2022.
AGM
Elsons Garments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elsons Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Roop Daswani Bhagwan ceased to be Whole-Time Director.
Charges
A charge with Uco Bank of Rs. 93.00 Lakh registered on 27 Mar 2001 with Charge ID 90306605 was modified on 29 Feb 2020.
Appointed
Gautam Anoop Bhagwandas Daswani was appointed as Whole-Time Director.
Charges
A charge with Uco Bank amounted to Rs. 93.00 Lakh with Charge ID 90306605 was registered on 27 Mar 2001.
Charges
A charge with Uco Bank amounted to Rs. 0.60 Lakh with Charge ID 90304598 was registered on 06 Dec 1991.
Charges
A charge with Uco Bank amounted to Rs. 1.00 Lakh with Charge ID 90304560 was registered on 20 May 1991.
Charges
A charge with Sundaram Finance Limited amounted to Rs. 1.34 Lakh with Charge ID 90308251 was registered on 04 Mar 1991.
Charges
A charge with Uco Bank amounted to Rs. 5.00 Lakh with Charge ID 90304508 was registered on 26 Oct 1990.
Appointed
Anoop Bhagwan Daswani was appointed as Whole-Time Director.
Incorporation
13 Oct 1988
Elsons Garments Private Limited was registered on 13 Oct 1988 with Roc Chennai & aged 38 years 18 days as per MCA records.
Frequently asked questions
Elsons Garments is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 October 1988 (38+ years old) and is registered under CIN U32301TN1988PTC016343.
Elsons Garments has 2 current directors:
- Gautam Anoop Bhagwandas Daswani - Whole-Time Director
- Anoop Bhagwan Daswani - Whole-Time Director
The latest financial statements of Elsons 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 2015 are in the company report.
The GSTIN of Elsons Garments is 33AAACE0778N1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Elsons Garments is U32301TN1988PTC016343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elsons Garments was incorporated on 13 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Elsons Garments by revenue are Dots 'N' Roses Private Limited, Sodhi's Jaypore Textiles & Home Furnishings Private Limited, Jill Mill Jari House Private Limited, Speciality Flocks India Private Limited, Lukasz Fashion Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Roop Daswani Bhagwan ceased to be Whole-Time Director on 18 Mar 2022. Gautam Anoop Bhagwandas Daswani was appointed as Whole-Time Director on 30 Jun 2003. Anoop Bhagwan Daswani was appointed as Whole-Time Director on 14 Oct 1988.
Yes, Elsons Garments is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0208021).
Elsons Garments can be reached through the website elsonsgarments.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Elsons Garments is at 849 Anna Salai Madras – 2 Tamilnadu Tamilnadu, Chennai, Tamil Nadu, India – 600002.
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