Garima Leasing Co Ltd
About Garima Leasing Co Ltd
Data last updated:
Garima Leasing Co Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB1986PLC040137.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Manish Jain and Bharatkumar Jayantilal Parmar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room – 1A 3rd Floor Chopra House 133 Canning Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹41.6 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Lakh (net margin 7.9%) and EBITDA of ₹10.44 Lakh (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 42% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRoom – 1A 3rd Floor Chopra House 133 Canning Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Garima Leasing Co Ltd
The main business activity of Garima Leasing Co 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 Garima Leasing Co Ltd FY 2024 filings available
Garima Leasing Co Ltd reported revenue of ₹41.6 Lakh (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Garima Leasing Co Ltd
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 27% 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 Garima Leasing Co Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹10.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.29 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 Garima Leasing Co Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.9% | •••• | •••• | •••• | •••• |
| 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 Garima Leasing Co 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 and KMP of Garima Leasing Co Ltd
Garima Leasing Co Ltd currently reports 3 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Suhas Upasani Also directs: Justrades Global Private Limited | Cfo | 10 Jul 2023 | 3 Years 3 Months | Current |
| Manish Jain | Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Bharatkumar Jayantilal Parmar | Additional Director | 20 Mar 2025 | 1 Years 6 Months | Current |
| Siddhant Maheshbhai Patel | Additional Director | 20 Mar 2025 | 1 Years 6 Months | Current |
Peer Comparison of Garima Leasing Co Ltd
Garima Leasing Co Ltd is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TM Investments Limited | ₹41.71 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Precise Finance & Investment Limited | ₹41.7 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Gwalior, Madhya Pradesh, India |
| Parimala Mercantile Pvt Ltd | ₹41.64 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | Kolkata, West Bengal, India |
| Rita Finance and Leasing Limited Listed | ₹41.64 Lakh (FY 2019) | •••• | •••• | 63.0% | •••• | Delhi, India |
| Bhagwati Cloth Agencey Pvt Ltd | ₹41.64 Lakh (FY 2022) | •••• | •••• | 98.0% | •••• | Kolkata, West Bengal, India |
| Garima Leasing Co Ltd this company | ₹41.6 Lakh (FY 2023) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Bell Leasing and Hire Purchase Limited | ₹41.58 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Ernakulam, Kerala, India |
| R M Cresec Private Limited | ₹41.58 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Delhi, India |
| PKS Enclave Limited | ₹41.53 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | New Delhi, Delhi, India |
| Sunlog Credits Private Limited | ₹41.46 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Richa Holdings Limited | ₹41.41 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Garima Leasing Co by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 Garima Leasing Co Ltd
Garima Leasing Co Ltd is audited by PRASANTAKUMARROYBARMAN for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRASANTAKUMARROYBARMAN | 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 Garima Leasing Co Ltd
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 Garima Leasing Co Ltd
Garima Leasing Co Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Garima Leasing Co Ltd
Garima Leasing Co Ltd has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (APO) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Garima Leasing Co Ltd
Employment history and EPFO contributions of people linked to Garima Leasing Co.
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 Garima Leasing Co Ltd
Garima Leasing Co Ltd has 16 board changes on record since 2009: 5 appointments and 11 cessations. The latest: Harjindersingh Nandasingh Babra ceased to be Additional Director on 20 May 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garima Leasing Co Ltd
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 Garima Leasing Co Ltd
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 Garima Leasing Co Ltd
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 Garima Leasing Co Ltd
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 Garima Leasing Co Ltd
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 Garima Leasing Co Ltd
Garima Leasing Co is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 February 1986 (40+ years old) and is registered under CIN U65910WB1986PLC040137.
Garima Leasing Co reported revenue of ₹41.6 Lakh for FY 2023 (down 7% YoY).
Garima Leasing Co has 4 current directors and KMP:
- Manish Jain - Director
- Bharatkumar Jayantilal Parmar - Additional Director
- Siddhant Maheshbhai Patel - Additional Director
- Kiran Suhas Upasani - Cfo
Garima Leasing Co reported a net profit of ₹3.29 Lakh (net margin 7.9%) and EBITDA of ₹10.44 Lakh (EBITDA margin 25.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garima Leasing Co is -2% over three years and 42% over five years. In the latest year (FY 2023) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Garima Leasing Co is U65910WB1986PLC040137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garima Leasing Co has 1 court case on record: 1 filed against it.
Garima Leasing Co was incorporated on 06 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Garima Leasing Co by revenue are TM Investments Limited, Precise Finance & Investment Limited, Parimala Mercantile Pvt Ltd, Rita Finance and Leasing Limited, Bhagwati Cloth Agencey Pvt Ltd and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Harjindersingh Nandasingh Babra ceased to be Additional Director on 20 May 2025. Bharatkumar Jayantilal Parmar was appointed as Additional Director on 20 Mar 2025. Siddhant Maheshbhai Patel was appointed as Additional Director on 20 Mar 2025. Garima Leasing Co has 16 board changes on record in total.
The registered office of Garima Leasing Co is at Room – 1A 3rd Floor Chopra House 133 Canning Street, Kolkata, West Bengal, India – 700001.