Garg Apparels Private Limited
About Garg Apparels Private Limited
Data last updated:
Garg Apparels Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the apparel and garments segment of the textiles sector. It was incorporated on 21 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U18101UP1992PTC014832.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Atul Kumar Agrawal and Kavita Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 58/65 Neel Wali Galicollector Ganj Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.16 Lakh, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Lakh (net margin 8.7%) and EBITDA of ₹3.17 Lakh (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 53% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address58/65 Neel Wali Galicollector Ganj Kanpur, Uttar Pradesh, India – 208001
- IndustryTextile, Apparel, Garments, Manufacturing
- 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 of Garg Apparels Private Limited
The main business activity of Garg Apparels is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Garg Apparels Private Limited FY 2025 filings available
Garg Apparels Private Limited reported revenue of ₹26.16 Lakh (up 139% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Garg Apparels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 139% growth in the latest year. EBITDA rose 69% 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 of Garg Apparels Private Limited
| 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 | ₹3.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.27 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 of Garg Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garg Apparels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Garg Apparels Private Limited
Garg Apparels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Kumar Agrawal | Director | 21 Oct 1992 | 34 Years 0 Months | Current |
| Kavita Agrawal Also directs: Arth Intelligence Resonance Private Limited | Director | 11 Jul 2024 | 2 Years 3 Months | Current |
Peer Comparison of Garg Apparels Private Limited
Garg Apparels Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rishikesh Infrastructure Private Limited | ₹26.21 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Mirabelle Tradecomm Pvt Ltd | ₹26.2 Lakh (FY 2025) | •••• | •••• | 96.0% | •••• | Kolkata, West Bengal, India |
| Arctic Investment & Trading Company Private Limited | ₹26.2 Lakh (FY 2018) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Vaishno Nirman Private Limited. | ₹26.19 Lakh (FY 2018) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Flotus Chits Private Limited | ₹26.18 Lakh (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Garg Apparels Private Limited this company | ₹26.16 Lakh (FY 2024) | •••• | •••• | 139.0% | •••• | Kanpur, Uttar Pradesh, India |
| Plazma Tradelink Private Limited | ₹26.15 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Sriseetai Urban Multipurpose Nidhi Limited | ₹26.14 Lakh (FY 2023) | •••• | •••• | 8.0% | •••• | Paithan, Maharashtra, India |
| Wonder Tiles (P) Ltd | ₹26.13 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| SPML India Limited | ₹26.13 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| MD Finance & Investment Company Pvt Ltd | ₹26.12 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Garg Apparels by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Garg Apparels Private Limited
Garg Apparels Private Limited is audited by VIVEK KHANNA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIVEK KHANNA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Garg Apparels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garg Apparels Private Limited
Garg Apparels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Garg Apparels Private Limited
Employment history and EPFO contributions of people linked to Garg Apparels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Garg Apparels Private Limited
Garg Apparels Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Kavita Agrawal was appointed as Director on 11 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Garg Apparels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Garg Apparels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garg Apparels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Garg Apparels Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garg Apparels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Garg Apparels Private Limited
Garg Apparels is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in apparel, within the textile industry. It was incorporated on 21 October 1992 (34+ years old) and is registered under CIN U18101UP1992PTC014832.
Garg Apparels reported revenue of ₹26.16 Lakh for FY 2024 (up 139% YoY).
Garg Apparels has 2 current directors:
- Atul Kumar Agrawal - Director
- Kavita Agrawal - Director
Garg Apparels reported a net profit of ₹2.27 Lakh (net margin 8.7%) and EBITDA of ₹3.17 Lakh (EBITDA margin 12.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garg Apparels is 95% over three years and 53% over five years. In the latest year (FY 2024) revenue rose 139%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Garg Apparels is U18101UP1992PTC014832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Apparels was incorporated on 21 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Garg Apparels by revenue are Rishikesh Infrastructure Private Limited, Mirabelle Tradecomm Pvt Ltd, Arctic Investment & Trading Company Private Limited, Vaishno Nirman Private Limited, Flotus Chits Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Kavita Agrawal was appointed as Director on 11 Jul 2024. Beena Agrawal ceased to be Additional Director on 30 Dec 2020. Navneet Das Agarwal ceased to be Director on 22 May 2020. Garg Apparels has 4 board changes on record in total.
The registered office of Garg Apparels is at 5865 Neel Wali Galicollector Ganj Kanpur, Uttar Pradesh, India – 208001.
Garg Apparels has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.02 Lakh.