About Garnet Motors (A) Private Limited
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Garnet Motors (A) Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the site preparation segment of the construction sector. It was incorporated on 06 November 2023.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U45100MH2023PTC413333.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ankur Singh Cheema and Karnailsingh Gurbachansingh Cheema.
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 Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.03 Cr (net margin -15.9%) and EBITDA of -₹2.32 Cr (EBITDA margin -12.2%).
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.3 Cr and satisfied charges of ₹5 Cr on record.
For more details, the company can be reached via its website garnetmotors.co.in.
Company details
Contact details
Garnet Motors (A) Private Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressPlot No 104 – 105/2 Fno 902, Happy Heights Ramdaspeth, Nagpur, Maharashtra, India – 440010
- IndustryConstruction, Site Preparation
- 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 activities of Garnet Motors (A) are trade and manufacturing. In detail, this covers retail trading and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Garnet Motors (A) Private Limited, buy the company report.
Financials of Garnet Motors (A) Private Limited
FY 2025 filings availableGarnet Motors (A) Private Limited reported revenue of ₹19.01 Cr (up 439% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 439% in the latest year. EBITDA fell 460% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹2.32 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.03 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -12.2% | |
| Net Profit Margin | -15.9% | |
| 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 | ||
To see the full financial statements and ratios of Garnet Motors (A) Private Limited, buy the company report.
Board of directors of Garnet Motors (A) Private Limited
Garnet Motors (A) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Singh Cheema Also directs: Garnet Motors (B) Private Limited, Garnet Motors (C) Private Limited, Garnet Motors (D) Private Limited and 5 more | Director | 06 Nov 2023 | 2 Years 11 Months | Current |
| Karnailsingh Gurbachansingh Cheema Also directs: KS Metals & Mining Industries Private Limited, Dthrust Aerospace Private Limited, Garnet Motors (B) Private Limited and 5 more | Director | 06 Nov 2023 | 2 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101101290 | Others | ₹1 Cr | Open | |
| 15 May 2025 | 101101296 | Others | ₹6 Cr | Open | |
| 29 Mar 2024 | 100904178 | Axis Bank Limited | ₹5.3 Cr | Open | |
| 15 Feb 2024 | 100868535 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Garnet Motors (A) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Garnet Motors (A) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garnet Motors (A) Private 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 Garnet Motors (A) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garnet Motors (A) Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Ankur Singh Cheema was appointed as Director on 06 Nov 2023.
Frequently asked questions
Garnet Motors (A) is an active private limited company based in Nagpur, Maharashtra, India. The company works in site preparation, within the construction industry. It was incorporated on 06 November 2023 (3+ years old) and is registered under CIN U45100MH2023PTC413333.
Garnet Motors (A) has 2 current directors:
- Ankur Singh Cheema - Director
- Karnailsingh Gurbachansingh Cheema - Director
The latest financial statements of Garnet Motors (A) 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 FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Garnet Motors (A) is U45100MH2023PTC413333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garnet Motors (A) was incorporated on 06 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Nagpur.
Ankur Singh Cheema was appointed as Director on 06 Nov 2023. Karnailsingh Gurbachansingh Cheema was appointed as Director on 06 Nov 2023.
Garnet Motors (A) can be reached through the website garnetmotors.co.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Garnet Motors (A) is at Plot No 104 – 1052 Fno 902, Happy Heights Ramdaspeth, Nagpur, Maharashtra, India – 440010.
Garnet Motors (A) operates in the construction industry, in the site preparation segment.
Garnet Motors (A) has open charges of ₹12.3 Cr and satisfied charges of ₹5 Cr as per latest MCA filings.
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