About Excel Garments Manufacturing Private Limited
Data last updated:
Excel Garments Manufacturing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 September 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1978PTC020665. Its GSTIN is 27AAACE0313K2Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.6 Lakh. It is led by directors including Bina Shyam Nathani and Mohan Shanker Nathani.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 111 – 113 Dr Nariman Roadnear Bengal Chemical Worli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.45 Cr. For the same year it recorded a net profit of ₹61.98 Lakh (net margin 18%) and EBITDA of ₹67.95 Lakh (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹4.19 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelapparels.com.
Company details
Contact details
Excel Garments Manufacturing Private Limited's registered office is in Mumbai, Maharashtra. Its website is excelapparels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address111 – 113 Dr Nariman Roadnear Bengal Chemical Worli, Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Excel Garments Manufacturing Private Limited, 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 Excel Garments Manufacturing 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 Excel Garments Manufacturing Private Limited, buy the company report.
Financials of Excel Garments Manufacturing Private Limited
FY 2024 filings availableExcel Garments Manufacturing Private Limited reported revenue of ₹3.45 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years. EBITDA rose 62% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹67.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.98 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | 18% | ||||
| 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 Excel Garments Manufacturing Private Limited, buy the company report.
Board of directors of Excel Garments Manufacturing Private Limited
Excel Garments Manufacturing has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Shyam Nathani | Director | 29 Sep 1978 | 48 Years 1 Months | Current |
| Mohan Shanker Nathani Also directs: Excel Apparels Exports Private Limited | Director | 29 Sep 1978 | 48 Years 1 Months | Current |
| Deepak Mohan Nathani Also directs: Excel Apparels Exports Private Limited | Director | 01 Sep 1989 | 37 Years 2 Months | Current |
Auditor
Excel Garments Manufacturing Private Limited is audited by A. M. SHAH & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. M. SHAH & COMPANY | FY 2023 | 112715W |
Shareholding
The shareholding of Excel Garments Manufacturing 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 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 Excel Garments Manufacturing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 1981 | 90161634 | Dena Bank | ₹2.1 Cr | Open | |
| 18 Aug 1981 | 90161623 | Dena Bank | ₹2.1 Cr | Open |
To see the full charge records of Excel Garments Manufacturing Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Excel Garments Manufacturing Private Limited has 1 court case on record: 1 filed by Excel Garments Manufacturing. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Excel Garments Manufacturing Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excel Garments Manufacturing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excel Garments Manufacturing has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE0313K2Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Garments Manufacturing Private Limited, buy the company report.
Recent activity
Excel Garments Manufacturing Private Limited has 3 board changes on record since 1978: 3 appointments. The latest: Deepak Mohan Nathani was appointed as Director on 01 Sep 1989.
Frequently asked questions
Excel Garments Manufacturing is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 September 1978 (48+ years old) and is registered under CIN U18101MH1978PTC020665.
Excel Garments Manufacturing has 3 current directors:
- Bina Shyam Nathani - Director
- Mohan Shanker Nathani - Director
- Deepak Mohan Nathani - Director
The latest financial statements of Excel Garments Manufacturing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Garments Manufacturing is 27AAACE0313K2Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Excel Garments Manufacturing is U18101MH1978PTC020665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Garments Manufacturing has 1 court case on record: 1 filed by the company.
Excel Garments Manufacturing was incorporated on 29 September 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Mohan Nathani was appointed as Director on 01 Sep 1989. Bina Shyam Nathani was appointed as Director on 29 Sep 1978. Mohan Shanker Nathani was appointed as Director on 29 Sep 1978.
Excel Garments Manufacturing can be reached through the website excelapparels.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Excel Garments Manufacturing is at 111 – 113 Dr Nariman Roadnear Bengal Chemical Worli, Mumbai, Maharashtra, India – 400025.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
