MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MP-30-0001865
Garlico Industries Limited - food and beverages in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹12.57 Cr
▼ 26% YoY
Net profit · FY 2019
₹21.98 Lakh
Net margin 1.7%
EBITDA · FY 2019
₹1.79 Cr
EBITDA margin 14.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.22 Cr
Issued & subscribed
Satisfied charges
₹26.45 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
1
Provident fund records
About Garlico Industries Limited
Data last updated:
Garlico Industries Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 15 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15134MP1995PLC009974. Its GSTIN is 23AAACG5992Q1Z0 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.22 Cr. It was formerly known as Ps Garlico Limited. It is led by directors including Amit Garg (Managing Director) and Ajit Tiwari.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 404 Shagun Arcade Near Apna Sweets Plot No 8 Vijay Nagar A.B. Road, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.57 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹21.98 Lakh (net margin 1.7%) and EBITDA of ₹1.79 Cr (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Garlico Industries. As per MCA filings, the company has satisfied charges of ₹26.45 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Garlico Industries Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-30-0001865). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garlicoindustries.com.
Company details
CIN U15134MP1995PLC009974
Registration Number 009974
Incorporation Date 15 September 1995
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MP-30-0001865
Key People
Amit Garg Managing Director Ajit Tiwari Director Tanvar Singh Chouhan Additional Director Recognitions & Rankings of Garlico Industries
Contact details
Garlico Industries Limited's registered office is in Indore, Madhya Pradesh. Its website is garlicoindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address404 Shagun Arcade Near Apna Sweets Plot No 8 Vijay Nagar A.B. Road, Indore, Madhya Pradesh, India – 452010
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Garlico Industries Limited, buy the company report.
Comprehensive company report
Garlico 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Garlico Industries operates one associated brand: Garlico Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stone material production, mining, and sales operations in China. | garlicoindustries.com |
Business activity
The main business activity of Garlico Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Garlico Industries Limited, buy the company report.
Financials of Garlico Industries Limited
FY 2019 filings availableGarlico Industries Limited reported revenue of ₹12.57 Cr (down 26% YoY) for FY 2019.
Revenue · FY 2019
₹12.57 Cr ▼ 26%
Net profit · FY 2019
₹21.98 Lakh margin 1.7%
EBITDA · FY 2019
₹1.79 Cr margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 26% fall in the latest year. EBITDA fell 19% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.98 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Garlico Industries Limited, buy the company report.
Board of directors of Garlico Industries Limited
Garlico Industries has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Tiwari | Director | 12 Sep 2018 | 8 Years 2 Months | Current |
| Tanvar Singh Chouhan | Additional Director | 07 Aug 2021 | 5 Years 3 Months | Current |
| Amit Garg Also directs: Garon Dehydrates Private Limited | Managing Director | 15 Sep 1995 | 31 Years 1 Months | Current |
Peer comparison
Garlico Industries Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imfa Industries Private Limited | ₹13.53 Cr (FY 2024) | 4.0% | Ahmedabad, Gujarat, India | |||
| Cifal Herbal Private Limited | ₹13.4 Cr (FY 2024) | 27.0% | Andhra Pradesh, India | |||
| Fab Flavours and Fragrances Private Ltd. | ₹12.94 Cr (FY 2024) | 21.0% | New Delhi, Delhi, India | |||
| Garlico Industries Limitedthis company | ₹12.57 Cr (FY 2019) | ₹21.98 Lakh | 1.7% | -26.0% | 1 | Indore, Madhya Pradesh, India |
| Symega Flavours (India) Private Limited | ₹12.53 Cr (FY 2016) | 22.0% | Ernakulam, Kerala, India | |||
| Sri Parvathy Saltern Private Limited | ₹12.5 Cr (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| S.K.Florescences Private Limited | ₹12.36 Cr (FY 2022) | -12.0% | Delhi, India | |||
| Sargam Food Private Limited | ₹12.17 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Garlico Industries Limited, buy the company report.
Auditor
Garlico Industries Limited is audited by B R PATIDAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R PATIDAR & CO | FY 2019 | 021202C |
Shareholding
The shareholding of Garlico Industries Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garlico Industries Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹26.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2015 | 10574546 | Bajaj Finance Limited | ₹2.75 Cr | Satisfied | |
| 05 Nov 2014 | 10534120 | Yes Bank Limited | ₹11.5 Cr | Satisfied | |
| 26 Apr 2013 | 10428530 | Bajaj Finance Limited | ₹1.74 Cr | Satisfied | |
| 26 Apr 2013 | 10429642 | Bajaj Finance Limited | ₹1.74 Cr | Satisfied | |
| 26 Mar 2012 | 10347608 | First Blue Home Finance Limited | ₹17.5 Lakh | Satisfied |
To see the full charge records of Garlico Industries Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Garlico Industries Limited has 4 court cases on record: 2 filed by Garlico Industries, 2 filed against it. All cases are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by M/S. Symega Food Ingredients Ltd. | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Icici Bank Ltd. | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against M.P.State Electricity Board | Disposed |
To see the full case history of Garlico 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 Garlico Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garlico Industries Limited has a workforce of 1 employees on its EPFO records as of Feb 2021, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 1 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 |
To see the full employee and EPFO history of Garlico Industries Limited, buy the company report.
GST
Garlico Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACG5992Q1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACG5992Q2ZZ | Madhya Pradesh | Active | 17 Feb 2022 |
To see the full GST registrations and return filing status of Garlico Industries Limited, buy the company report.
Recent activity
Garlico Industries Limited has 10 board changes on record since 1995: 3 appointments and 7 cessations. The latest: Akhilesh Soni ceased to be Director on 07 Aug 2021.
Charges
A charge registered on 05 Nov 2014 via Charge ID 10534120 with Yes Bank Limited was fully satisfied on 18 Oct 2021.
Ceased
Akhilesh Soni ceased to be Director.
Appointed
Tanvar Singh Chouhan was appointed as Additional Director.
AGM
Garlico Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Garlico Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Gwalior.
Ceased
Namrata Srivastava ceased to be Director.
Ceased
Ajit Tiwari ceased to be Additional Director.
Appointed
Ajit Tiwari was appointed as Director.
Ceased
Jyoti Garg ceased to be Managing Director.
Charges
A charge with Yes Bank Limited of Rs. 11.50 Cr registered on 05 Nov 2014 with Charge ID 10534120 was modified on 27 Jun 2016.
Charges
A charge registered on 09 Jun 2015 via Charge ID 10574546 with Bajaj Finance Limited was fully satisfied on 20 Jan 2016.
Charges
A charge registered on 26 Apr 2013 via Charge ID 10428530 with Bajaj Finance Limited was fully satisfied on 20 Jan 2016.
30 earlier events are in the company report.
Frequently asked questions
Garlico Industries is an active public limited company based in Indore, Madhya Pradesh, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 15 September 1995 (31+ years old) and is registered under CIN U15134MP1995PLC009974.
Garlico Industries has 3 current directors:
- Amit Garg - Managing Director
- Ajit Tiwari - Director
- Tanvar Singh Chouhan - Additional Director
The latest financial statements of Garlico Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Garlico Industries is 23AAACG5992Q1Z0, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAACG5992Q2ZZ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Garlico Industries is U15134MP1995PLC009974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garlico Industries has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Garlico Industries was incorporated on 15 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Garlico Industries by revenue are Imfa Industries Private Limited, Cifal Herbal Private Limited, Fab Flavours and Fragrances Private Ltd, Symega Flavours (India) Private Limited, Sri Parvathy Saltern Private Limited and 2 more, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).
Akhilesh Soni ceased to be Director on 07 Aug 2021. Tanvar Singh Chouhan was appointed as Additional Director on 07 Aug 2021. Namrata Srivastava ceased to be Director on 02 Nov 2018. Garlico Industries has 10 board changes on record in total.
Yes, Garlico Industries is registered as an MSME under Udyam registration (number: UDYAM-MP-30-0001865).
Garlico Industries can be reached through the website garlicoindustries.com. Its registered office is in Indore, Madhya Pradesh, India.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages