MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0055496
Gartex Exports (India) Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.87 Cr
▼ 31% YoY
Net profit · FY 2025
₹61.37 Lakh
Net margin 4.8%
EBITDA · FY 2025
₹1.06 Cr
EBITDA margin 8.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹19.71 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
45
Provident fund records
About Gartex Exports (India) Private Limited
Data last updated:
Gartex Exports (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1995PTC085626. Its GSTIN is 27AAACG2227Q1ZE (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Mona Barodawala Shinghal (Managing Director) and Riaan Barodawalla.
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 Dheeraj Heritage 3rd Floor Office No – 46 – 47 S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.87 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹61.37 Lakh (net margin 4.8%) and EBITDA of ₹1.06 Cr (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹19.71 Cr on record.
Gartex Exports (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0055496). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gartexexports.in.
Company details
CIN U51909MH1995PTC085626
Registration Number 085626
Incorporation Date 15 February 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0055496
Key People
Mona Barodawala Shinghal Managing Director Riaan Barodawalla Director Azim Abde Barodawalla Director Recognitions & Rankings of Gartex Exports (India)
Contact details
Gartex Exports (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is gartexexports.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDheeraj Heritage 3rd Floor Office No – 46 – 47 S. V. Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Gartex Exports (India) Private Limited, buy the company report.
Comprehensive company report
Gartex Exports (India) Private 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
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Business activity
The main business activity of Gartex Exports (India) is manufacturing. In detail, this covers manufacture of textiles and manufacture of leather and related products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles | |
| C | Manufacturing | 15 | Manufacture of leather and related products |
To see the full business activity and turnover split of Gartex Exports (India) Private Limited, buy the company report.
Financials of Gartex Exports (India) Private Limited
FY 2025 filings availableGartex Exports (India) Private Limited reported revenue of ₹12.87 Cr (down 31% YoY) for FY 2025.
Revenue · FY 2025
₹12.87 Cr ▼ 31%
Net profit · FY 2025
₹61.37 Lakh margin 4.8%
EBITDA · FY 2025
₹1.06 Cr margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 15%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 18%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 31% fall in the latest year. EBITDA fell 62% 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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| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Gartex Exports (India) Private Limited, buy the company report.
Board of directors of Gartex Exports (India) Private Limited
Gartex Exports (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mona Barodawala Shinghal | Managing Director | 15 Feb 1995 | 31 Years 9 Months | Current |
| Riaan Barodawalla | Director | 14 May 2019 | 7 Years 6 Months | Current |
| Azim Abde Barodawalla | Director | 03 Sep 2007 | 19 Years 2 Months | Current |
Auditor
Gartex Exports (India) Private Limited is audited by PRAMOD BOHRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAMOD BOHRA & CO. | FY 2023 | 115360W |
Shareholding
The shareholding of Gartex Exports (India) Private 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 Gartex Exports (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
₹19.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2016 | 100073835 | Others | ₹2.5 Cr | Open | |
| 23 Mar 2018 | 100167735 | Hdfc Bank Limited | ₹73.45 Lakh | Satisfied | |
| 05 Jul 2008 | 10118642 | Hdfc Bank Limited | ₹3.8 Cr | Satisfied | |
| 31 Jan 2006 | 80015958 | Hdfc Bank | ₹4 Cr | Satisfied | |
| 14 Oct 2003 | 90214012 | Central Bank of India | ₹44 Lakh | Satisfied |
To see the full charge records of Gartex Exports (India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Gartex Exports (India) 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 Gartex Exports (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gartex Exports (India) Private Limited has a workforce of 45 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
9.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 45 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Gartex Exports (India) Private Limited, buy the company report.
GST
Gartex Exports (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG2227Q1ZE | Maharashtra | Active | 01 Jul 2017 |
| 33AAACG2227Q2ZK | Tamil Nadu | Active | 19 Aug 2017 |
To see the full GST registrations and return filing status of Gartex Exports (India) Private Limited, buy the company report.
Recent activity
Gartex Exports (India) Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Riaan Barodawalla ceased to be Additional Director on 30 Sep 2019.
AGM
Gartex Exports (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gartex Exports (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 250.00 Lakh registered on 01 Aug 2016 with Charge ID 100073835 was modified on 14 May 2024.
Charges
A charge registered on 23 Mar 2018 via Charge ID 100167735 with Hdfc Bank Limited was fully satisfied on 03 Aug 2021.
Ceased
Riaan Barodawalla ceased to be Additional Director.
Appointed
Riaan Barodawalla was appointed as Director.
Ceased
Manoharan Kuttiyil ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 73.45 Lakh with Charge ID 100167735 was registered on 23 Mar 2018.
Charges
A charge registered on 05 Jul 2008 via Charge ID 10118642 with Hdfc Bank Limited was fully satisfied on 23 Feb 2017.
Charges
A charge registered on 31 Jan 2006 via Charge ID 80015958 with Hdfc Bank was fully satisfied on 23 Feb 2017.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100073835 was registered on 01 Aug 2016.
Charges
A charge registered on 17 Oct 2001 via Charge ID 90214863 with Central Bank Of India was fully satisfied on 10 Jun 2016.
24 earlier events are in the company report.
Frequently asked questions
Gartex Exports (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 February 1995 (31+ years old) and is registered under CIN U51909MH1995PTC085626.
Gartex Exports (India) has 3 current directors:
- Mona Barodawala Shinghal - Managing Director
- Riaan Barodawalla - Director
- Azim Abde Barodawalla - Director
The latest financial statements of Gartex Exports (India) 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 Gartex Exports (India) is 27AAACG2227Q1ZE, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACG2227Q2ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Gartex Exports (India) is U51909MH1995PTC085626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gartex Exports (India) was incorporated on 15 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Riaan Barodawalla ceased to be Additional Director on 30 Sep 2019. Riaan Barodawalla was appointed as Director on 14 May 2019. Manoharan Kuttiyil ceased to be Director on 10 Apr 2018. Gartex Exports (India) has 6 board changes on record in total.
Yes, Gartex Exports (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0055496).
Gartex Exports (India) can be reached through the website gartexexports.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gartex Exports (India) is at Dheeraj Heritage 3rd Floor Office No – 46 – 47 S. V. Road Santacruz West, Mumbai, Maharashtra, India – 400054.
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