Esgi Garments Private Limited

Esgi Garments Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17220TN2010PTC075946 Incorporated 01 June 2010 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2023
₹17.98 Cr
▼ 27% YoY
Net loss · FY 2023
₹1.13 Cr
Net margin -6.3%
EBITDA · FY 2023
₹21.18 Lakh
EBITDA margin 1.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹21.88 Cr
Satisfied ₹2 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
51
Provident fund records

About Esgi Garments Private Limited

Data last updated:

Esgi Garments Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 01 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17220TN2010PTC075946. Its GSTIN is 33AACCE4147P1ZG (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Mohamed Rafiur Rahman (Managing Director) and Khader Mohamed Abdulrahman.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. K – 2D Talco Industrial Estate S.3 Madhavaram, Chennai, Tamil Nadu, India – 600060.

As per the financials filed for FY 2023, the company reported a revenue of ₹17.98 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr (net margin -6.3%) and EBITDA of ₹21.18 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.

The company has about 51 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: ESGI Garments. As per MCA filings, the company has open charges of ₹21.88 Cr and satisfied charges of ₹2 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 9 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹3.19 Cr; the latest was in March 2017. Its 4 peer companies in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 2 smaller; the largest is Fashion Craft Centre Pvt Ltd with revenue of ₹18.85 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.

Esgi Garments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0062698). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esgigarments.com.

Company details

CIN U17220TN2010PTC075946
Registration Number 075946
Incorporation Date 01 June 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0062698
Key People
Mohamed Rafiur Rahman Managing Director Khader Mohamed Abdulrahman Director Mohammed Khalid Rahman Director

Recognitions & Rankings of Esgi Garments

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0062698

Contact details

Esgi Garments Private Limited's registered office is in Chennai, Tamil Nadu. Its website is esgigarments.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    esgigarments.com
  • Registered Address
    No. K – 2D Talco Industrial Estate S.3 Madhavaram, Chennai, Tamil Nadu, India – 600060
  • Industry
    Consumer Goods, Leather Goods Manufacturing

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

Comprehensive company report
Esgi 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Esgi Garments operates one associated brand: ESGI Garments. Each brand links to its own profile.

BrandDescriptionWebsite
ESGI Garments
A brand specializing in casual wear for men and women.esgigarments.com

Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Esgi Garments Private Limited, buy the company report.

Financials of Esgi Garments Private Limited

FY 2023 filings available

Esgi Garments Private Limited reported revenue of ₹17.98 Cr (down 27% YoY) for FY 2023.

Revenue · FY 2023
₹17.98 Cr ▼ 27%
Net loss · FY 2023
₹1.13 Cr margin -6.3%
EBITDA · FY 2023
₹21.18 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 20%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 50%
5 years · compounded
▼ 37%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 27% fall in the latest year. EBITDA fell 82% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹17.98 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹21.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.13 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.2%
Net Profit Margin-6.3%
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 Esgi Garments Private Limited, buy the company report.

Board of directors of Esgi Garments Private Limited

Esgi Garments has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Khader Mohamed AbdulrahmanDirector10 Aug 201214 Years 2 MonthsCurrent
Mohamed Rafiur RahmanManaging Director01 Jun 201016 Years 4 MonthsCurrent
Mohammed Khalid RahmanDirector01 Jun 201016 Years 4 MonthsCurrent
Abdul HaqueDirector01 Jun 201016 Years 4 MonthsCurrent
View all directors

Peer comparison

Esgi Garments Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers), 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
Fashion Craft Centre Pvt Ltd₹18.85 Cr (FY 2025)8.0%New Delhi, Delhi, India
Deva International Exim Private Limited₹18.31 Cr (FY 2025)39.0%Kolkata, West Bengal, India
Esgi Garments Private Limitedthis company₹17.98 Cr (FY 2023)-₹1.13 Cr-6.3%-27.0%51Chennai, Tamil Nadu, India
XL Enterprises Ltd₹17.38 Cr (FY 2025)14.0%Kolkata, West Bengal, India
Kariwala Synthetic Private Limited₹17.32 Cr (FY 2025)45.0%Uttar Pradesh, India

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

Auditor

Esgi Garments Private Limited is audited by Dean & Dean for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Dean & DeanFY 2023000708S

Shareholding

The shareholding of Esgi Garments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹21.88 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Others₹21.88 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2021100507120Others₹1.63 CrOpen
23 Aug 2021100479648Others₹45,000Open
14 Jul 2020100384390Others₹2.23 CrOpen
21 May 2020100384388Others₹46.47 LakhOpen
02 Feb 201210335970Others₹17.54 CrOpen

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

Total charge records: 6 View all charges

Deals & funding

Esgi Garments Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹3.19 Cr; the latest was in March 2017.

Total deals
4
Secondary share transfers
2
Funding round
1
Convertible or debt financing
1
Disclosed funding
₹3.19 Cr

Deals on record (3 of 4)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedSeller: 4 individuals
Mar 2016Secondary share transferUndisclosedSeller: Haresh Mulchand Huf, 3 individuals
Sep 2012Funding round₹99 LakhInvestors: 4 individuals

To see the full deal history of Esgi Garments Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Esgi Garments Private Limited was last rated by Crisil on 02 Sep 2020.

Rating agencyRated onRating
Crisil02 Sep 2020

To see the full credit ratings and regulatory alerts of Esgi Garments Private Limited, buy the company report.

MSME payment delays

Esgi Garments Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Vasavi Bala Resins Private Limited

To see the full MSME payment records of Esgi Garments Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Esgi Garments Private Limited has a workforce of 51 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
51
Active EPFO establishments
2
Employee growth
-41.38%

GST

Esgi Garments has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AACCE4147P1ZGTamil NaduActive01 Jul 2017
09AACCE4147P1Z7Uttar PradeshActive01 Jul 2017

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

Recent activity

Esgi Garments Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Naveed Mohammad ceased to be Additional Director on 18 Dec 2020.

AGM
Esgi Garments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 05 Aug 2015 via Charge ID 10591242 with Union Bank Of India was fully satisfied on 02 May 2023.
Filing
Esgi Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 100507120 was registered on 29 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.00 Cr with Charge ID 100479648 was registered on 23 Aug 2021.
Ceased
Naveed Mohammad ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 2.23 Cr with Charge ID 100384390 was registered on 14 Jul 2020.
Charges
A charge with Others amounted to Rs. 0.46 Cr with Charge ID 100384388 was registered on 21 May 2020.
Ceased
Mohamed Rafiur Rahman ceased to be Managing Director.
Charges
A charge with Others of Rs. 17.54 Cr registered on 02 Feb 2012 with Charge ID 10335970 was modified on 27 Jul 2018.
Charges
A charge with Union Bank Of India amounted to Rs. 2.00 Cr with Charge ID 10591242 was registered on 05 Aug 2015.
Ceased
Khader Mohamed Abdulrahman ceased to be Additional Director.

6 earlier events are in the company report.

Frequently asked questions

Esgi Garments is an active private limited company based in Chennai, Tamil Nadu, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 01 June 2010 (16+ years old) and is registered under CIN U17220TN2010PTC075946.

Esgi Garments has 4 current directors:

The latest financial statements of Esgi Garments on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Esgi Garments is 33AACCE4147P1ZG, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AACCE4147P1Z7 (Uttar Pradesh).

The CIN (Corporate Identification Number) of Esgi Garments is U17220TN2010PTC075946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Esgi Garments has 14 court cases on record: 14 filed against it. 9 are pending. Most are in the high courts.

Esgi Garments was incorporated on 01 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.

Esgi Garments has 4 deals on record (2 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹3.19 Cr; the latest was in March 2017.

The peers of Esgi Garments by revenue are Fashion Craft Centre Pvt Ltd, Deva International Exim Private Limited, XL Enterprises Ltd, Kariwala Synthetic Private Limited, all in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Naveed Mohammad ceased to be Additional Director on 18 Dec 2020. Mohamed Rafiur Rahman ceased to be Managing Director on 30 Sep 2019. Khader Mohamed Abdulrahman ceased to be Additional Director on 03 Sep 2012. Esgi Garments has 7 board changes on record in total.

Yes, Esgi Garments is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0062698).

Esgi Garments has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 02 Jul 2019.