Kargwal Enterprises Private Limited

Kargwal Enterprises Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U26932MH2008PTC180623 Incorporated 31 March 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹125.04 Cr
▼ 14% YoY
Net profit · FY 2025
₹1.91 Cr
Net margin 1.5%
EBITDA · FY 2025
₹11.85 Cr
EBITDA margin 9.5%
Authorised capital
₹1.55 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹82.52 Cr
Satisfied ₹62.93 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
89
Provident fund records

About Kargwal Enterprises Private Limited

Data last updated:

Kargwal Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 31 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26932MH2008PTC180623. Its GSTIN is 27AADCK5046Q1Z0 (Maharashtra). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Bela Suresh Agarwal and Rajendra Hanumanprasad Agarwal.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 307 Shalimar Morya Park Behind Hyundai Show Room Off Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2025, the company reported a revenue of ₹125.04 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 1.5%) and EBITDA of ₹11.85 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.

The company has about 89 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹82.52 Cr and satisfied charges of ₹62.93 Cr on record. Court records list 30 cases involving the company, including 30 filed by the company; 3 cases are pending. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹13.75 Cr; the latest was in November 2021. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 131 overdue payments to 22 micro and small suppliers.

Kargwal Enterprises Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0021878). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U26932MH2008PTC180623
Registration Number 180623
Incorporation Date 31 March 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0021878
Key People
Bela Suresh Agarwal Director Rajendra Hanumanprasad Agarwal Director

Recognitions & Rankings of Kargwal Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0021878

Contact details

Kargwal Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    307 Shalimar Morya Park Behind Hyundai Show Room Off Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
  • Industry
    Manufacturing, Sanitaryware & Tile, Ceramics

To see the full contact details of Kargwal Enterprises Private Limited, buy the company report.

Comprehensive company report
Kargwal Enterprises 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 Kargwal Enterprises is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Kargwal Enterprises Private Limited, buy the company report.

Financials of Kargwal Enterprises Private Limited

FY 2025 filings available

Kargwal Enterprises Private Limited reported revenue of ₹125.04 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹125.04 Cr ▼ 14%
Net profit · FY 2025
₹1.91 Cr margin 1.5%
EBITDA · FY 2025
₹11.85 Cr margin 9.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 4%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 9%
5 years · compounded
▲ 5%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 4% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹11.85 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.91 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.5%
Net Profit Margin1.5%
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 Kargwal Enterprises Private Limited, buy the company report.

Board of directors of Kargwal Enterprises Private Limited

Kargwal Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bela Suresh AgarwalDirector31 Mar 200818 Years 7 MonthsCurrent
Rajendra Hanumanprasad Agarwal
Also directs: Box Haus LLP, Kovai Partners LLP, Singhal Granites Private Limited and 2 more
Director31 Mar 200818 Years 7 MonthsCurrent
View all directors

Auditor

Kargwal Enterprises Private Limited is audited by V. Bangar & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V. Bangar & Co.FY 2023003779C

Shareholding

The shareholding of Kargwal Enterprises 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kargwal Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
₹82.52 Cr
Satisfied charges
₹62.93 Cr
Breakdown by lending institutions
Others₹76.58 Cr
Hdfc Bank Limited₹3.56 Cr
Yes Bank Limited₹1.90 Cr
Axis Bank Limited₹0.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Aug 2025101142484Hdfc Bank Limited₹30 LakhOpen
13 Feb 2025101045285Hdfc Bank Limited₹75 LakhOpen
18 Apr 2024100905823Hdfc Bank Limited₹28 LakhOpen
05 Mar 2024100883005Hdfc Bank Limited₹25.29 LakhOpen
01 Sep 2023100775275Hdfc Bank Limited₹1.05 CrOpen

To see the full charge records of Kargwal Enterprises Private Limited, buy the company report.

Total charge records: 25 View all charges

Deals & funding

Kargwal Enterprises Private Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹13.75 Cr; the latest was in November 2021.

Total deals
10
Secondary share transfers
6
Funding rounds
3
Rights issue
1
Disclosed funding
₹13.75 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Suresh Agarwal HUF, Rajendra Agarwal HUF, 2 individuals
Seller: Guruji Mercantile Pvt.Ltd. , Sanwaria Vintrade Private Limited , 2 individuals
Mar 2015Secondary share transferUndisclosedBuyer: Matra Homeland Private Limited
Seller: Matra Homeland Private Limited
Jul 2013Secondary share transferUndisclosedBuyer: Sidhidaatri Marketing Private Limited , an individual
Seller: 4 individuals
Mar 2012Funding round₹3 CrInvestors: Dayanidhi Marketing Private Limited , Guruji Mercantile Pvt.Ltd. , Goodview Tradecom Private Limited
Mar 2010Funding round₹3.75 CrInvestors: Rajendra Oil Mills Pvt Ltd , Terry Towel Industries Limited, 2 individuals

To see the full deal history of Kargwal Enterprises Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Kargwal Enterprises Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 131 overdue payments to 22 micro and small suppliers. 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 (5 of 22)

SupplierAmount dueDue sinceReported on
an individual supplier
Asterix Reinforced Limited
Kimberley Tools Private Limited
Addzol Oil (India) Private Limited
an individual supplier

To see the full MSME payment records of Kargwal Enterprises Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Kargwal Enterprises Private Limited has a workforce of 89 employees on its EPFO records as of Apr 10, 2024, across 2 active EPFO establishments.

Employee count
89
Active EPFO establishments
2
Employee growth
2.3%

GST

Kargwal Enterprises has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
27AADCK5046Q1Z0MaharashtraActive15 Jul 2017
26AADCK5046Q1Z2Dadra and Nagar Haveli and Daman and DiuActive01 Jul 2017
33AADCK5046Q1Z7Tamil NaduActive01 Jul 2017
26AADCK5046Q2Z1Dadra and Nagar Haveli and Daman and DiuActive01 Apr 2025

To see the full GST registrations and return filing status of Kargwal Enterprises Private Limited, buy the company report.

Recent activity

Kargwal Enterprises Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Bela Suresh Agarwal was appointed as Director on 31 Mar 2008.

AGM
Kargwal Enterprises Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101142484 was registered on 14 Aug 2025.
Charges
A charge registered on 15 Jul 2020 via Charge ID 100351478 with Axis Bank Limited was fully satisfied on 13 Jun 2025.
Charges
A charge registered on 10 Jan 2020 via Charge ID 100320798 with Axis Bank Limited was fully satisfied on 13 Jun 2025.
Charges
A charge with Others of Rs. 13.00 Cr registered on 09 Oct 2018 with Charge ID 100216686 was modified on 14 May 2025.
Filing
Kargwal Enterprises 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. 31.48 Cr registered on 03 Jul 2023 with Charge ID 100748545 was modified on 12 Mar 2025.
Charges
A charge with Others of Rs. 31.48 Cr registered on 19 Oct 2018 with Charge ID 100219567 was modified on 12 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.75 Cr with Charge ID 101045285 was registered on 13 Feb 2025.
Charges
A charge registered on 30 Oct 2021 via Charge ID 100503117 with Hdfc Bank Limited was fully satisfied on 05 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100905823 was registered on 18 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100883005 was registered on 05 Mar 2024.

32 earlier events are in the company report.

Frequently asked questions

Kargwal Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 31 March 2008 (18+ years old) and is registered under CIN U26932MH2008PTC180623.

Kargwal Enterprises has 2 current directors:

The latest financial statements of Kargwal Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kargwal Enterprises is 27AADCK5046Q1Z0, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 26AADCK5046Q1Z2 (Dadra and Nagar Haveli and Daman and Diu), 33AADCK5046Q1Z7 (Tamil Nadu), 26AADCK5046Q2Z1 (Dadra and Nagar Haveli and Daman and Diu).

The CIN (Corporate Identification Number) of Kargwal Enterprises is U26932MH2008PTC180623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kargwal Enterprises has 30 court cases on record: 30 filed by the company. 3 are pending. Most are in the high courts.

Kargwal Enterprises was incorporated on 31 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Kargwal Enterprises has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹13.75 Cr; the latest was in November 2021.

Bela Suresh Agarwal was appointed as Director on 31 Mar 2008. Rajendra Hanumanprasad Agarwal was appointed as Director on 31 Mar 2008.

Yes, Kargwal Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0021878).

Kargwal Enterprises has 5 MSME Form 1 returns on record between 2019 and 2022, listing 131 overdue payments to 22 micro and small suppliers. The latest return was filed on 21 Jan 2023.