
About Garnet Powertech Private Limted
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Garnet Powertech Private Limted is a private limited company based in Delhi, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2007PTC167312. Its GSTIN is 07AACCG9187B1ZK (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors including Gaurav Mittal and Arun Kumar Mittal.
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 Flat No. 306 Rg Square Lsc Plot No.2 I.P. Extension Patparga, Nj, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.12 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹9.59 Lakh (net margin 4.5%) and EBITDA of ₹22.32 Lakh (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹82 Lakh and satisfied charges of ₹82 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garnetworld.com.
Company details
Contact details
Garnet Powertech Private Limted's registered office is in Delhi, Delhi. Its website is garnetworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 306 Rg Square Lsc Plot No.2 I.P. Extension Patparga, Nj, Delhi, India – 110092
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Garnet Powertech Private Limted, 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 activities of Garnet Powertech Private Limted are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Garnet Powertech Private Limted, buy the company report.
Financials of Garnet Powertech Private Limted
FY 2025 filings availableGarnet Powertech Private Limted reported revenue of ₹2.12 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 14% 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 |
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| EBITDA | ₹22.32 Lakh | ||||
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| Net Profit (PAT) | ₹9.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Garnet Powertech Private Limted, buy the company report.
Board of directors of Garnet Powertech Private Limted
Garnet Powertech Private Limted has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Mittal | Director | 23 Aug 2007 | 19 Years 2 Months | Current |
| Arun Kumar Mittal | Director | 23 Aug 2007 | 19 Years 2 Months | Current |
| Madhukar Natu | Director | 16 Feb 2010 | 16 Years 8 Months | Current |
| Manjiri Natu | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
| Akshay Mittal | Director | 23 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
Garnet Powertech Private Limted is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sharma Welding Store Private Limited | ₹2.14 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Trinity Hydraulic Private Limited | ₹2.14 Cr (FY 2025) | 73.0% | Bhilwara, Rajasthan, India | |||
| Redi Unipolar Private Limited | ₹2.13 Cr (FY 2024) | -46.0% | Chennai, Tamil Nadu, India | |||
| Garnet Powertech Private Limtedthis company | ₹2.12 Cr (FY 2025) | ₹9.59 Lakh | 4.5% | 4.0% | Delhi, India | |
| Tricoat Weld Private Limited | ₹2.1 Cr (FY 2025) | 12.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Garnet Powertech Private Limted, buy the company report.
Auditor
Garnet Powertech Private Limted is audited by Subodh Benipuri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Subodh Benipuri & Associates | FY 2023 | 021038C |
Shareholding
The shareholding of Garnet Powertech Private Limted 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 Garnet Powertech Private Limted, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2012 | 10401082 | Corporation Bank | ₹82 Lakh | Satisfied |
To see the full charge records of Garnet Powertech Private Limted, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Garnet Powertech Private Limted 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
Garnet Powertech Private Limted has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Garnet Powertech Private Limted, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Garnet Powertech Private Limted has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCG9187B1ZK | Delhi | Active | 01 Jul 2017 |
| 09AACCG9187B1ZG | Uttar Pradesh | Active | 19 Sep 2023 |
To see the full GST registrations and return filing status of Garnet Powertech Private Limted, buy the company report.
Recent activity
Garnet Powertech Private Limted has 7 board changes on record since 2007: 5 appointments and 2 cessations. The latest: Saroj Goel ceased to be Director on 26 Jun 2020.
1 earlier event is in the company report.
Frequently asked questions
Garnet Powertech Private Limted is an active private limited company based in Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 23 August 2007 (19+ years old) and is registered under CIN U40300DL2007PTC167312.
Garnet Powertech Private Limted has 5 current directors:
- Gaurav Mittal - Director
- Arun Kumar Mittal - Director
- Madhukar Natu - Director
- Manjiri Natu - Director
- Akshay Mittal - Director
The latest financial statements of Garnet Powertech Private Limted 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 2015 are in the company report.
The GSTIN of Garnet Powertech Private Limted is 07AACCG9187B1ZK, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AACCG9187B1ZG (Uttar Pradesh).
The CIN (Corporate Identification Number) of Garnet Powertech Private Limted is U40300DL2007PTC167312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garnet Powertech Private Limted was incorporated on 23 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Garnet Powertech Private Limted by revenue are Sharma Welding Store Private Limited, Trinity Hydraulic Private Limited, Redi Unipolar Private Limited, Tricoat Weld Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Saroj Goel ceased to be Director on 26 Jun 2020. Rama Mittal ceased to be Additional Director on 30 Sep 2015. Manjiri Natu was appointed as Director on 02 Feb 2015. Garnet Powertech Private Limted has 7 board changes on record in total.
Garnet Powertech Private Limted has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 May 2019.
Garnet Powertech Private Limted can be reached through the website garnetworld.com. Its registered office is in Delhi, India.
The registered office of Garnet Powertech Private Limted is at Flat No. 306 Rg Square Lsc Plot No.2 I.P. Extension Patparga, Nj, Delhi, India – 110092.
Garnet Powertech Private Limted operates in the machinery and equipment industry, in the industrial products retail and distribution segment.