Garg Industries Limited
About Garg Industries Limited
Data last updated:
Garg Industries Limited is a public limited company based in Vadodara, Gujarat, India. The company is marked as inactive by the Registrar of Companies, indicating it has not filed statutory returns and may face regulatory action. It operates in the international and diplomatic organisations segment of the public administration sector. It was incorporated on 29 March 1993.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U99999GJ1993PLC019214.
The company has an authorised share capital of ₹1.01 Cr.
The registered office is at 304 Daffodils Flats Near Ganga Jamuna Soc, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2022, the company reported a revenue of ₹222.97 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
Court records list 21 cases involving the company, including 9 filed by the company and 12 filed against it; 3 cases are pending.
Company details
Contact details
Garg Industries Limited's registered office is in Vadodara, Gujarat.
- Registered Address304 Daffodils Flats Near Ganga Jamuna Soc, Vadodara, Gujarat, India – 390007
- IndustryPublic Administration, Extra Territorial Organizations
- 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
Financials of Garg Industries Limited
Garg Industries Limited reported revenue of ₹222.97 Cr (up 50% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 50% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 9%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.16 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 0.5% | ||||
| 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
No directors are listed for Garg Industries in the MCA records available to us.
Legal cases
Garg Industries Limited has 21 court cases on record: 9 filed by Garg Industries, 12 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 0 |
| District courts | 9 | 9 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Court case (CRR) | Filed against the company by Narang Wires Pvt Ltd | Pending |
| High Court | Criminal miscellaneous application | Filed by the company against Narang Wires Pvt. Ltd. and Ors. and 3 others | Disposed |
| District court, Yamunanagar, Haryana | Motor accident claim | Filed against the company by individuals | Pending |
| District court, Ludhiana, Punjab | Motor accident claim | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Garg Industries 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 Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Garg Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frequently asked questions
Garg Industries is marked as "Inactive" by the Ministry of Corporate Affairs. This typically indicates that the company has not filed its statutory returns and is not compliant with MCA requirements. Continued inactivity may result in the company being struck off.
Garg Industries is an inactive public limited company based in Vadodara, Gujarat, India. The company works in extra territorial organizations, within the public administration industry. It was incorporated on 29 March 1993 and is registered under CIN U99999GJ1993PLC019214. The company is not compliant with MCA filing requirements.
The CIN (Corporate Identification Number) of Garg Industries is U99999GJ1993PLC019214. 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 29 March 1993. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Garg Industries is at 304 Daffodils Flats Near Ganga Jamuna Soc, Vadodara, Gujarat, India – 390007.
Garg Industries operates in the public administration industry, in the extra territorial organizations segment.
Garg Industries has 21 court cases on record: 9 filed by the company and 12 filed against it. 3 are pending. Most are in the high courts.
Garg Industries can be reached at its registered office: 304 Daffodils Flats Near Ganga Jamuna Soc, Vadodara, Gujarat, India – 390007.
Garg Industries is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
