MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0001903
Garg Industries Limited
Garg Industries Limited - metals and minerals in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹183.2 Cr
▼ 18% YoY
Net profit · FY 2023
₹1.21 Cr
Net margin 0.7%
EBITDA · FY 2023
₹12.89 Cr
EBITDA margin 7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.55 Cr
Issued & subscribed
Open charges
₹3.85 Cr
Satisfied ₹314.7 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
56
Provident fund records
About Garg Industries Limited
Data last updated:
Garg Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27106DL1991PLC222970. Its GSTIN is 03AABCG4910H1Z4 (Punjab). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.55 Cr. It was formerly known as Garg Micro Structures Limited. It is led by directors including Narsi Dass and Gurdip Singh.
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 D – 128 Upper Ground Floor New Rajinder Nagar Near Post Office Shankar Road, New Delhi, Delhi, India – 110060.
As per the financials filed for FY 2023, the company reported a revenue of ₹183.2 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 0.7%) and EBITDA of ₹12.89 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.85 Cr and satisfied charges of ₹314.7 Cr on record.
Garg Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0001903). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27106DL1991PLC222970
Registration Number 222970
Incorporation Date 11 January 1991
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0001903
CIN history
Garg Industries has one previous CIN (Corporate Identification Number): U27106PB1991PLC010978. The current CIN is U27106DL1991PLC222970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106DL1991PLC222970 | Current |
| U27106PB1991PLC010978 | Previous |
Recognitions & Rankings of Garg Industries
Contact details
Garg Industries Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 128 Upper Ground Floor New Rajinder Nagar Near Post Office Shankar Road, New Delhi, Delhi, India – 110060
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Garg Industries Limited, buy the company report.
Comprehensive company report
Garg Industries 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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Financials of Garg Industries Limited
FY 2025 filings availableGarg Industries Limited reported revenue of ₹183.2 Cr (down 18% YoY) for FY 2023.
Revenue · FY 2023
₹183.2 Cr ▼ 18%
Net profit · FY 2023
₹1.21 Cr margin 0.7%
EBITDA · FY 2023
₹12.89 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 9%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 137%
3 years · compounded
▲ 42%
5 years · compounded
▲ 20%
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 137% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹183.2 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Garg Industries Limited, buy the company report.
Board of directors of Garg Industries Limited
Garg Industries has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narsi Dass Also directs: Sunsoil Metals Private Limited | Director | 22 Jun 1998 | 28 Years 4 Months | Current |
| Gurdip Singh | Director | 09 Oct 2024 | 2 Years 0 Months | Current |
| Somnath | Additional Director | 20 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Garg Industries Limited is audited by S. Karan Sharma & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Karan Sharma & Company | FY 2023 | 006890N |
Shareholding
The shareholding of Garg Industries 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 Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹3.85 Cr
Satisfied charges
₹314.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2024 | 100942222 | Others | ₹1 Cr | Open | |
| 03 May 2024 | 100915971 | Hdfc Bank Limited | ₹1.6 Cr | Open | |
| 03 May 2024 | 100915972 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 03 May 2024 | 100915968 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 18 Sep 2021 | 100484322 | Axis Bank Limited | ₹1.05 Cr | Satisfied |
To see the full charge records of Garg Industries Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving Garg Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Garg Industries Limited was last rated by Care on 25 Jul 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Jul 2023 |
To see the full credit ratings and regulatory alerts of Garg Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garg Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garg Industries Limited has a workforce of 56 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
-5.08%
GST
Garg Industries has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCG4910H1Z4 | Punjab | Active | 01 Jul 2017 |
| 22AABCG4910H1Z4 | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garg Industries Limited, buy the company report.
Recent activity
Garg Industries Limited has 11 board changes on record since 1998: 3 appointments and 8 cessations. The latest: Somnath was appointed as Additional Director on 20 Nov 2025.
Appointed
Somnath was appointed as Additional Director.
AGM
Garg Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Gurdip Singh ceased to be Additional Director.
Filing
Garg Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 08 Aug 2005 via Charge ID 90172319 with State Bank Of India was fully satisfied on 21 Oct 2024.
Appointed
Gurdip Singh was appointed as Director.
Ceased
Vikas Jain ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100942222 was registered on 30 Jun 2024.
Charges
A charge registered on 30 Apr 2021 via Charge ID 100445649 with Hdfc Bank Limited was fully satisfied on 14 Jun 2024.
Charges
A charge registered on 18 Sep 2021 via Charge ID 100484322 with Axis Bank Limited was fully satisfied on 19 May 2024.
Charges
A charge registered on 09 Jul 2021 via Charge ID 100458331 with Axis Bank Limited was fully satisfied on 19 May 2024.
Charges
A charge registered on 21 Oct 2020 via Charge ID 100408919 with Hdfc Bank Limited was fully satisfied on 06 May 2024.
37 earlier events are in the company report.
Frequently asked questions
Garg Industries is an active public limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 January 1991 (35+ years old) and is registered under CIN U27106DL1991PLC222970.
Garg Industries has 3 current directors:
- Narsi Dass - Director
- Gurdip Singh - Director
- Somnath - Additional Director
The latest financial statements of Garg Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Garg Industries is 03AABCG4910H1Z4, registered in Punjab. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 22AABCG4910H1Z4 (Chhattisgarh).
The CIN (Corporate Identification Number) of Garg Industries is U27106DL1991PLC222970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Industries was incorporated on 11 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Somnath was appointed as Additional Director on 20 Nov 2025. Gurdip Singh ceased to be Additional Director on 29 Sep 2025. Gurdip Singh was appointed as Director on 09 Oct 2024. Garg Industries has 11 board changes on record in total.
Yes, Garg Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0001903).
The registered office of Garg Industries is at D – 128 Upper Ground Floor New Rajinder Nagar Near Post Office Shankar Road, New Delhi, Delhi, India – 110060.
Garg Industries operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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