Garg Garments Private Limited
About Garg Garments Private Limited
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Garg Garments Private Limited is a private limited company based in Delhi, India, a subsidiary of Skar Securities Private Limited. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 08 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2006PTC151760. Its GSTIN is 07AACCG8605L1ZE (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.9 Lakh. It is led by directors including Manoj Kumar Garg and Pradeep Kumar Garg.
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 9/6816 Shyam Gali Gandhi Nagar, Delhi, India – 110031.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.12 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹23.8 Lakh (net margin 0.7%) and EBITDA of ₹1.39 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹4.9 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Garg Garments Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9/6816 Shyam Gali Gandhi Nagar, Delhi, India – 110031
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Garg Garments 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 Garments 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 Garg Garments Private Limited, buy the company report.
Financials of Garg Garments Private Limited
FY 2024 filings availableGarg Garments Private Limited reported revenue of ₹35.12 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.39 Cr | ||||
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| Net Profit (PAT) | ₹23.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Garg Garments Private Limited, buy the company report.
Board of directors of Garg Garments Private Limited
Garg Garments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Garg | Director | 08 Aug 2006 | 20 Years 2 Months | Current |
| Pradeep Kumar Garg | Director | 08 Aug 2006 | 20 Years 2 Months | Current |
| Anil Garg Kumar | Director | 08 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Garg Garments 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kirish Weavings Private Limited | ₹35.21 Cr (FY 2024) | -42.0% | Vediyarasampalayam, Tamil Nadu, India | |||
| Arnit Creations Private Limited | ₹35.18 Cr (FY 2024) | -44.0% | Delhi, India | |||
| Bombay Rayon Clothing Limited | ₹35.15 Cr (FY 2019) | 7923.0% | Mumbai, Maharashtra, India | |||
| K K Cottex Private Limited | ₹35.13 Cr (FY 2025) | -62.0% | Jamner, Maharashtra, India | |||
| Garg Garments Private Limitedthis company | ₹35.12 Cr (FY 2025) | ₹23.8 Lakh | 0.7% | -15.0% | Delhi, India | |
| Pawan Fabtex Private Limited | ₹35.1 Cr (FY 2024) | -17.0% | Jaipur, Rajasthan, India | |||
| BMSR Texofab Private Limited | ₹35.06 Cr (FY 2025) | 135.0% | Meerut, Uttar Pradesh, India | |||
| Ruckmani Ammal Cotspin Private Limited | ₹35.05 Cr (FY 2024) | 19.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Garg Garments Private Limited, buy the company report.
Auditor
Garg Garments Private Limited is audited by Ankita Chandak & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankita Chandak & Associates | FY 2023 | 037988N |
Shareholding
The shareholding of Garg 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 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 Garg Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2020 | 100403930 | Others | ₹4.9 Cr | Open |
To see the full charge records of Garg Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Garg Garments Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Standard Chartered Bank | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Standard Chartered Bank | Disposed |
To see the full case history of Garg Garments 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 Garg Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garg Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCG8605L1ZE | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garg Garments Private Limited, buy the company report.
Recent activity
Garg Garments Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Lokesh Garg ceased to be Director on 21 Oct 2016.
Frequently asked questions
Garg Garments is an active private limited company based in Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 08 August 2006 (20+ years old) and is registered under CIN U18109DL2006PTC151760.
Garg Garments has 3 current directors:
- Manoj Kumar Garg - Director
- Pradeep Kumar Garg - Director
- Anil Garg Kumar - Director
The latest financial statements of Garg Garments 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 Garg Garments is 07AACCG8605L1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Garg Garments is U18109DL2006PTC151760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Garments has 2 court cases on record: 2 filed against it. 1 is pending.
Garg Garments was incorporated on 08 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Garg Garments by revenue are Kirish Weavings Private Limited, Arnit Creations Private Limited, Bombay Rayon Clothing Limited, K K Cottex Private Limited, Pawan Fabtex Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Lokesh Garg ceased to be Director on 21 Oct 2016. Anil Garg Kumar was appointed as Director on 08 Aug 2006. Manoj Kumar Garg was appointed as Director on 08 Aug 2006. Garg Garments has 4 board changes on record in total.
The registered office of Garg Garments is at 96816 Shyam Gali Gandhi Nagar, Delhi, India – 110031.
Garg Garments operates in the fashion and textile industry, in the designer and branded fashion segment.
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