About Million Exporter Private Limited
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Million Exporter Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2014PTC265142. Its GSTIN is 07AAJCM0951A1ZV (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.99 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors Narinder Chugh (Managing Director) and Aman Saggar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at D60/2 Lgf East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2019, the company reported a revenue of ₹109.63 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Cr (net margin -1.4%) and EBITDA of ₹39.57 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.59 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website millionexporter.in.
Company details
Contact details
Million Exporter Private Limited's registered office is in New Delhi, Delhi. Its website is millionexporter.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD60/2 Lgf East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Million Exporter Private Limited, 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 activity of Million Exporter is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Million Exporter Private Limited, buy the company report.
Financials of Million Exporter Private Limited
FY 2019 filings availableMillion Exporter Private Limited reported revenue of ₹109.63 Cr (down 56% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 82% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹109.63 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹39.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.53 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Million Exporter Private Limited, buy the company report.
Board of directors of Million Exporter Private Limited
Million Exporter has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narinder Chugh | Managing Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Aman Saggar | Director | 31 Dec 2016 | 9 Years 9 Months | Current |
Peer comparison
Million Exporter Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaveri Ginning Mills Private Limited | ₹110.27 Cr (FY 2025) | 5.0% | Karimnagar, Telangana, India | |||
| Wires and Fabriks (Sa) Ltd | ₹110.25 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| J. Arim Fabrics Private Limited | ₹109.91 Cr (FY 2025) | 19.0% | Ludhiana, Punjab, India | |||
| New Horizon Textiles Private Limited | ₹109.64 Cr (FY 2025) | 8771163.0% | Ludhiana, Punjab, India | |||
| Million Exporter Private Limitedthis company | ₹109.63 Cr (FY 2019) | -₹1.53 Cr | -1.4% | -56.0% | 40 | New Delhi, Delhi, India |
| Guetermann India Private Limited | ₹109.6 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Karnavati Polyester Private Limited | ₹109.53 Cr (FY 2025) | 61.0% | Ahmedabad, Gujarat, India | |||
| C V Spinners Private Limited | ₹109.53 Cr (FY 2024) | 114.0% | Coimbatore, Tamil Nadu, India | |||
| Sva Syntex Private Limited | ₹109.42 Cr (FY 2025) | 7.0% | Udumalpet, Tamil Nadu, India |
To see the full peer comparison of Million Exporter Private Limited, buy the company report.
Auditor
Million Exporter Private Limited is audited by GARG MADAAN & ASSOCIATE for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG MADAAN & ASSOCIATE | FY 2019 |
Shareholding
The shareholding of Million Exporter Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Million Exporter Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2017 | 100113622 | Vijaya Bank | ₹50 Lakh | Open | |
| 23 Mar 2017 | 100113623 | Vijaya Bank | ₹65 Lakh | Open | |
| 07 Oct 2016 | 100057496 | Vijaya Bank | ₹12 Cr | Open | |
| 30 Oct 2015 | 10605070 | Oriental Bank of Commerce | ₹43.5 Lakh | Open |
To see the full charge records of Million Exporter Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Million Exporter Private Limited has 9 court cases on record: 3 filed by Million Exporter, 6 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Bharat Sanchar Nigam Limited | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Indusind Bank and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and 7 others | Pending |
| High Court, DELHI | Writ petition | Filed by the company against Union of India and Others and 2 others | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Aristo Printers and 1 other | Disposed |
To see the full case history of Million Exporter Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Million Exporter Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Million Exporter Private Limited has a workforce of 40 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Million Exporter has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM0951A1ZV | Delhi | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Million Exporter Private Limited, buy the company report.
Recent activity
Million Exporter Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Aman Saggar ceased to be Additional Director on 30 Sep 2017.
4 earlier events are in the company report.
Frequently asked questions
Million Exporter is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 February 2014 (12+ years old) and is registered under CIN U74900DL2014PTC265142.
Million Exporter has 2 current directors:
- Narinder Chugh - Managing Director
- Aman Saggar - Director
The latest financial statements of Million Exporter on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Million Exporter is 07AAJCM0951A1ZV, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Million Exporter is U74900DL2014PTC265142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Million Exporter has 9 court cases on record: 3 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Million Exporter was incorporated on 20 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Million Exporter by revenue are Kaveri Ginning Mills Private Limited, Wires and Fabriks (Sa) Ltd, J. Arim Fabrics Private Limited, New Horizon Textiles Private Limited, Guetermann India Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Aman Saggar ceased to be Additional Director on 30 Sep 2017. Narinder Chugh ceased to be Director on 31 Mar 2017. Aman Saggar was appointed as Director on 31 Dec 2016. Million Exporter has 8 board changes on record in total.
Million Exporter can be reached through the website millionexporter.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Million Exporter is at D602 Lgf East Of Kailash, New Delhi, Delhi, India – 110065.