Garware Construction Limited
About Garware Construction Limited
Data last updated:
Garware Construction Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PLC086615. Its GSTIN is 27AAFCG1379J1ZC (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Garware Thermoframe Limited. It is led by directors including Nishka Nihal Garware and Nikita Nihal Garware.
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 135 Dr A B Road Worli, Mumbai, Maharashtra, India – 400018.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address135 Dr A B Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Financials of Garware Construction Limited FY 2025 filings available
Garware Construction Limited reported revenue of ₹500 for FY 2023.
Compounded Annual Growth Rate (CAGR) of Garware Construction Limited
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years. 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 Garware Construction Limited
| 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 | ₹500 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Garware Construction Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Garware Construction 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.
Auditor Details of Garware Construction Limited
Garware Construction Limited is audited by AMOL DANDEKAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMOL DANDEKAR & ASSOCIATES | 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.
Board of Directors of Garware Construction Limited
Garware Construction has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishka Nihal Garware Also directs: CBG Trading Private Limited, Anjan Holding Pvt Ltd, Sat Man Strategies Private Limited and 1 more | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
| Nikita Nihal Garware Also directs: Tyson Marketing Private Limited, CBG Trading Private Limited, Anjan Holding Pvt Ltd and 2 more | Director | 15 Jul 2013 | 13 Years 2 Months | Current |
| Vihaan Garware Also directs: Tyson Marketing Private Limited, CBG Trading Private Limited, Anjan Holding Pvt Ltd and 3 more | Director | 18 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Garware Construction Limited
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 Garware Construction Limited
Garware Construction Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Garware Construction Limited
Employment history and EPFO contributions of people linked to Garware Construction.
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.
Group Structure of Garware Construction Limited
Garware Construction has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Garware Construction Limited
Garware Construction has one previous CIN (Corporate Identification Number): U25209MH1995PLC086615. The current CIN is U45200MH1995PLC086615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1995PLC086615 | Current |
| U25209MH1995PLC086615 | Previous |
Recent Activity on Garware Construction Limited
Garware Construction Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Vihaan Garware ceased to be Additional Director on 30 Sep 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garware Construction Limited
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 Garware Construction Limited
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 Garware Construction Limited
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 Garware Construction Limited
Garware Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG1379J1ZC | Maharashtra | Active | 01 Jul 2017 |
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 Garware Construction Limited
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 Garware Construction Limited
Garware Construction is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 March 1995 (31+ years old) and is registered under CIN U45200MH1995PLC086615.
Garware Construction has 3 current directors:
- Nishka Nihal Garware - Director
- Nikita Nihal Garware - Director
- Vihaan Garware - Director
The GSTIN of Garware Construction is 27AAFCG1379J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Garware Construction is U45200MH1995PLC086615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garware Construction was incorporated on 20 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Vihaan Garware ceased to be Additional Director on 30 Sep 2022. Nihal Chandrakant Garware ceased to be Director on 19 May 2022. Vihaan Garware was appointed as Director on 18 May 2022. Garware Construction has 12 board changes on record in total.
The registered office of Garware Construction is at 135 Dr A B Road Worli, Mumbai, Maharashtra, India – 400018.
Garware Construction has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh.
Garware Construction operates in the infrastructure and utilities industry, in the general construction services segment.
No. Garware Construction is not listed on any stock exchange. It is an unlisted company.