Garg Abrasives Private Limited
About Garg Abrasives Private Limited
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Garg Abrasives Private Limited is a private limited company based in Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52201DL2018PTC332555. Its GSTIN is 07AAHCG2772R1ZX (Delhi).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Rishabh Gupta and Tarun Gupta.
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 4433 Shahtara Street Ajmeri Gate, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.49 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹33.94 Lakh (net margin 0.8%) and EBITDA of ₹81.01 Lakh (EBITDA margin 1.9%).
As per MCA filings, the company has open charges of ₹4.9 Cr on record.
Company details
Contact details
Garg Abrasives Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4433 Shahtara Street Ajmeri Gate, Delhi, India – 110006
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Garg Abrasives 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 Garg Abrasives is water supply; sewerage, waste management and remediation activities. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 36 | Water collection, treatment and supply |
To see the full business activity and turnover split of Garg Abrasives Private Limited, buy the company report.
Financials of Garg Abrasives Private Limited
FY 2024 filings availableGarg Abrasives Private Limited reported revenue of ₹43.49 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. EBITDA rose 41% 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 | ₹43.49 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹81.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 1.9% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Garg Abrasives Private Limited, buy the company report.
Board of directors of Garg Abrasives Private Limited
Garg Abrasives has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Gupta | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
| Tarun Gupta | Director | 01 May 2023 | 3 Years 5 Months | Current |
| Rashimi Gupta | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Garg Abrasives Private Limited is audited by A. MANDIRATTA AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. MANDIRATTA AND ASSOCIATES | FY 2024 | 015288N |
Shareholding
The shareholding of Garg Abrasives Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garg Abrasives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2022 | 100561085 | State Bank of India | ₹4.9 Cr | Open |
To see the full charge records of Garg Abrasives Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Garg Abrasives 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
Garg Abrasives Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Orchids Diamond Tools Private Limited | |||
| Shree Anurag Enterprises | |||
| Shree Anurag Tailong Abrasives Private Limited |
To see the full MSME payment records of Garg Abrasives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Garg Abrasives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG2772R1ZX | Delhi | Active | 27 Nov 2019 |
To see the full GST registrations and return filing status of Garg Abrasives Private Limited, buy the company report.
Recent activity
Garg Abrasives Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Tarun Gupta was appointed as Director on 01 May 2023.
Frequently asked questions
Garg Abrasives is an active private limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 April 2018 (8+ years old) and is registered under CIN U52201DL2018PTC332555.
Garg Abrasives has 3 current directors:
- Rishabh Gupta - Director
- Tarun Gupta - Director
- Rashimi Gupta - Director
The latest financial statements of Garg Abrasives 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 FY 2019 are in the company report.
The GSTIN of Garg Abrasives is 07AAHCG2772R1ZX, registered in Delhi.
The CIN (Corporate Identification Number) of Garg Abrasives is U52201DL2018PTC332555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Abrasives was incorporated on 16 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Tarun Gupta was appointed as Director on 01 May 2023. Rishabh Gupta ceased to be Additional Director on 30 Dec 2020. Rishabh Gupta was appointed as Director on 23 Oct 2019. Garg Abrasives has 5 board changes on record in total.
Garg Abrasives has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 31 Aug 2023.
The registered office of Garg Abrasives is at 4433 Shahtara Street Ajmeri Gate, Delhi, India – 110006.
Garg Abrasives operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Garg Abrasives has open charges of ₹4.9 Cr and no satisfied charges on record as per latest MCA filings.
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