Gallari Creations Private Limited

Gallari Creations Private Limited - manufacturing in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U18109KA2011PTC061657 Incorporated 15 December 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company manufacturing MSME
Data last updated
Revenue · FY 2024
₹10.5 Cr
▼ 23% YoY
Net profit · FY 2024
₹1.61 Cr
Net margin 15.3%
EBITDA · FY 2024
₹2.35 Cr
EBITDA margin 22.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
98
Provident fund records
Directors on board
2
As per MCA filings

About Gallari Creations Private Limited

Data last updated:

Gallari Creations Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18109KA2011PTC061657. Its GSTIN is 29AAECG5176G1ZD (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Akshata Ajit Kamat (Managing Director) and Ajit Timmappa Kamat.

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 No. 100 2nd Main Road Rajajinagar Industrial Town, Bengaluru, Karnataka, India – 560010.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.5 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Cr (net margin 15.3%) and EBITDA of ₹2.35 Cr (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.

The company has about 98 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Gallari Creations. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.

Gallari Creations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0151049). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gallaricreations.com.

Company details

CIN U18109KA2011PTC061657
Registration Number 061657
Incorporation Date 15 December 2011
ROC Bangalore
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 MSME
Udyam Registration UDYAM-KR-03-0151049

Recognitions & Rankings of Gallari Creations

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0151049

Contact details

Gallari Creations Private Limited's registered office is in Bengaluru, Karnataka. Its website is gallaricreations.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 100 2nd Main Road Rajajinagar Industrial Town, Bengaluru, Karnataka, India – 560010
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Gallari Creations Private Limited, buy the company report.

Comprehensive company report
Gallari Creations 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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Brands

Gallari Creations operates one associated brand: Gallari Creations. Each brand links to its own profile.

BrandDescriptionWebsite
Ready-made garments are manufactured and exported by Gallari Creations in Bangalore, India.gallaricreations.com

Business activity

The main business activity of Gallari Creations 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 Gallari Creations Private Limited, buy the company report.

Financials of Gallari Creations Private Limited

FY 2024 filings available

Gallari Creations Private Limited reported revenue of ₹10.5 Cr (down 23% YoY) for FY 2024.

Revenue · FY 2024
₹10.5 Cr ▼ 23%
Net profit · FY 2024
₹1.61 Cr margin 15.3%
EBITDA · FY 2024
₹2.35 Cr margin 22.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 17%
5 years · compounded
▲ 36%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 26% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.61 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin22.3%
Net Profit Margin15.3%
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 Gallari Creations Private Limited, buy the company report.

Board of directors of Gallari Creations Private Limited

Gallari Creations has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Akshata Ajit KamatManaging Director15 Dec 201114 Years 10 MonthsCurrent
Ajit Timmappa KamatDirector15 Dec 201114 Years 10 MonthsCurrent

Peer comparison

Gallari Creations Private Limited is compared with the 7 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Siddhi Vinayak Fibre Private Limited₹10.51 Cr (FY 2025)11.0%Surat, Gujarat, India
Sreevari Apparels Private Limited₹10.51 Cr (FY 2024)9.0%Mettupalayam, Tamil Nadu, India
Pillars Exports Private Limited₹10.51 Cr (FY 2025)6.0%Noida, Uttar Pradesh, India
Sidhi Vinayak Cotspin Private Limited₹10.5 Cr (FY 2025)-19.0%Punjab, India
Gallari Creations Private Limitedthis company₹10.5 Cr (FY 2024)₹1.61 Cr15.3%-23.0%98Bengaluru, Karnataka, India
Gopal Print & Processors Private Limited₹10.49 Cr (FY 2024)-15.0%Mumbai, Maharashtra, India
Piyush Overseas Private Limited₹10.49 Cr (FY 2025)13.0%Punjab, India
SDG Textiles Private Limited₹10.49 Cr (FY 2025)45.0%Hatkanangale, Maharashtra, India

To see the full peer comparison of Gallari Creations Private Limited, buy the company report.

Auditor

Gallari Creations Private Limited is audited by S SUNIL KUMAR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S SUNIL KUMAR & COFY 2023009947S

Shareholding

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

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Gallari Creations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gallari Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Gallari Creations Private Limited has a workforce of 98 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
98
Active EPFO establishments
1
Employee growth
-12.5%

GST

Gallari Creations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECG5176G1ZDKarnatakaActive01 Jul 2017

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

Recent activity

Gallari Creations Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ajit Timmappa Kamat was appointed as Director on 15 Dec 2011.

AGM
Gallari Creations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gallari Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Ajit Timmappa Kamat was appointed as Director.
Appointed
Akshata Ajit Kamat was appointed as Managing Director.
Incorporation
15 Dec 2011
Gallari Creations Private Limited was registered on 15 Dec 2011 with Roc Bangalore & aged 14 years 10 months as per MCA records.

Frequently asked questions

Gallari Creations is an active private limited company based in Bengaluru, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U18109KA2011PTC061657.

Gallari Creations has 2 current directors:

The latest financial statements of Gallari Creations 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 Gallari Creations is 29AAECG5176G1ZD, registered in Karnataka.

The CIN (Corporate Identification Number) of Gallari Creations is U18109KA2011PTC061657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gallari Creations has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.

Gallari Creations was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Gallari Creations by revenue are Siddhi Vinayak Fibre Private Limited, Sreevari Apparels Private Limited, Pillars Exports Private Limited, Sidhi Vinayak Cotspin Private Limited, Gopal Print & Processors Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Ajit Timmappa Kamat was appointed as Director on 15 Dec 2011. Akshata Ajit Kamat was appointed as Managing Director on 15 Dec 2011.

Yes, Gallari Creations is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0151049).

Gallari Creations can be reached through the website gallaricreations.com. Its registered office is in Bengaluru, Karnataka, India.