- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JH-22-0000171

About Gargs Engineers Limited
Data last updated:
Gargs Engineers Limited is a public limited company based in Jamshedpur, Jharkhand, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 04 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27203JH1986PLC002279. Its GSTIN is 20AAACT6022G1ZZ (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.36 Cr. It was formerly known as Tube Computech Private Limited. It is led by directors including Anil Garg and Sonia Devi 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 M – 18(P) VI Phase Gamharia Industrial Area Jamshedpur, Jharkhand, India – 832108.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.04 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Cr (net margin 2.1%) and EBITDA of ₹7.83 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 40 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹37.73 Cr and satisfied charges of ₹23.6 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Gargs Engineers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-22-0000171). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gargsindia.com.
Company details
CIN history
Gargs Engineers has one previous CIN (Corporate Identification Number): U27203JH1986PTC002279. The current CIN is U27203JH1986PLC002279, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27203JH1986PLC002279 | Current |
| U27203JH1986PTC002279 | Previous |
Recognitions & Rankings of Gargs Engineers
Contact details
Gargs Engineers Limited's registered office is in Jamshedpur, Jharkhand. Its website is gargsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 18(P) VI Phase Gamharia Industrial Area Jamshedpur, Jharkhand, India – 832108
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Gargs Engineers 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 Gargs Engineers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Gargs Engineers Limited, buy the company report.
Financials of Gargs Engineers Limited
FY 2024 filings availableGargs Engineers Limited reported revenue of ₹95.04 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 4% growth in the latest year. EBITDA rose 39% 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 |
|---|---|---|---|---|---|
| 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 | ₹7.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.04 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Gargs Engineers Limited, buy the company report.
Board of directors of Gargs Engineers Limited
Gargs Engineers has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Garg Also directs: Viks Gears (India) Limited, Sokhi Engineering Company Private Limited, Auto Feed (India) Private Limited and 2 more | Director | 11 Mar 2004 | 22 Years 7 Months | Current |
| Sonia Devi Garg Also directs: Sokhi Engineering Company Private Limited, Garg Infracon Private Limited, Garg Leisure & Hospitality Private Limited and 1 more | Director | 06 Aug 1992 | 34 Years 2 Months | Current |
| Ramesh Kumar Sonthalia Also directs: Auto Feed (India) Private Limited | Director | 04 Oct 2013 | 13 Years 1 Months | Current |
| Sunil Garg Also directs: Viks Gears (India) Limited, Sokhi Engineering Company Private Limited, Auto Feed (India) Private Limited and 2 more | Director | 01 Aug 1999 | 27 Years 3 Months | Current |
| Manish Singhania | Director | 04 Oct 2013 | 13 Years 1 Months | Current |
| Shruti Garg | Director | 27 Jul 2011 | 15 Years 3 Months | Current |
Auditor
Gargs Engineers Limited is audited by S D Y & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D Y & Co | FY 2023 | 016850C |
Shareholding
The shareholding of Gargs Engineers 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 Gargs Engineers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2025 | 101047083 | Others | ₹15.48 Lakh | Open | |
| 05 Aug 2024 | 100980218 | Others | ₹12 Cr | Open | |
| 26 Aug 2022 | 100606220 | Others | ₹8.5 Lakh | Open | |
| 15 Feb 2022 | 100542297 | Others | ₹19 Lakh | Open | |
| 31 Jan 2022 | 100532601 | Others | ₹25.3 Cr | Open |
To see the full charge records of Gargs Engineers Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Gargs Engineers Limited has 4 court cases on record: 2 filed by Gargs Engineers, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Imco Alloys Private Limited Through Its Director Joydeep Duttagupta | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Imco Alloys Private Limited Through Its Director Joydeep Duttagupta | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against The State of Jharkhand Through the Chief Secretary | Pending |
| District court, Seraikella, Jharkhand | Court case (EXECUITION CASES(N)) | Filed by the company against an individual | Disposed |
To see the full case history of Gargs Engineers 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.
Credit ratings & regulatory alerts
Gargs Engineers Limited was last rated by Crisil on 29 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Oct 2020 |
To see the full credit ratings and regulatory alerts of Gargs Engineers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gargs Engineers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gargs Engineers has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sokhi Engineering Company Private Limited | U29150JH1972PTC000977 |
To see the full group structure of Gargs Engineers Limited, buy the company report.
Employees & EPFO
Gargs Engineers Limited has a workforce of 40 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Gargs Engineers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAACT6022G1ZZ | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gargs Engineers Limited, buy the company report.
Recent activity
Gargs Engineers Limited has 10 board changes on record since 1992: 7 appointments and 3 cessations. The latest: Prem Narayan Garg ceased to be Managing Director on 18 Mar 2018.
20 earlier events are in the company report.
Frequently asked questions
Gargs Engineers is an active public limited company based in Jamshedpur, Jharkhand, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 04 February 1986 (40+ years old) and is registered under CIN U27203JH1986PLC002279.
Gargs Engineers has 7 current directors:
- Anil Garg - Director
- Sonia Devi Garg - Director
- Ramesh Kumar Sonthalia - Director
- Sunil Garg - Director
- Manish Singhania - Director
- Shruti Garg - Director
- Neelam Garg - Director
The latest financial statements of Gargs Engineers 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 Gargs Engineers is 20AAACT6022G1ZZ, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gargs Engineers is U27203JH1986PLC002279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gargs Engineers has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Gargs Engineers was incorporated on 04 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ranchi.
Prem Narayan Garg ceased to be Managing Director on 18 Mar 2018. Manish Singhania ceased to be Additional Director on 30 Sep 2015. Ramesh Kumar Sonthalia ceased to be Additional Director on 30 Sep 2015. Gargs Engineers has 10 board changes on record in total.
Yes, Gargs Engineers is registered as a medium enterprise under Udyam registration (number: UDYAM-JH-22-0000171).
Gargs Engineers can be reached through the website gargsindia.com. Its registered office is in Jamshedpur, Jharkhand, India.

