About Narhari Exports Private Limited
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Narhari Exports Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 26 June 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51311GJ2001PTC039712. Its GSTIN is 24AABCN2649G1ZN (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Haresh Lalchand Santwani and Bharatkumar Lalchand Santwani.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 89 New Cloth Market O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.27 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Lakh (net margin 9.5%) and EBITDA of ₹19.9 Lakh (EBITDA margin 73%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹3.15 Cr 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 narhari.in.
Company details
Contact details
Narhari Exports Private Limited's registered office is in Ahmedabad, Gujarat. Its website is narhari.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address89 New Cloth Market O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Narhari Exports 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
Financials of Narhari Exports Private Limited
FY 2025 filings availableNarhari Exports Private Limited reported revenue of ₹27.27 Lakh (down 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 49% fall in the latest year. EBITDA rose 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.9 Lakh | ||||
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| Net Profit (PAT) | ₹2.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 73% | ||||
| Net Profit Margin | 9.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Narhari Exports Private Limited, buy the company report.
Board of directors of Narhari Exports Private Limited
Narhari Exports has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haresh Lalchand Santwani | Director | 26 Jun 2001 | 25 Years 4 Months | Current |
| Bharatkumar Lalchand Santwani | Director | 26 Jun 2001 | 25 Years 4 Months | Current |
| Anand Bharatkumar Santwani | Director | 13 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Narhari Exports Private Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Apparel 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 |
|---|---|---|---|---|---|---|
| Vanraj Luxe Private Limited | ₹27.5 Lakh (FY 2025) | 3547.0% | Jalandhar, Punjab, India | |||
| Ramdeo Business Pvt Ltd | ₹27.36 Lakh (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Narhari Exports Private Limitedthis company | ₹27.27 Lakh (FY 2024) | ₹2.59 Lakh | 9.5% | -49.0% | Ahmedabad, Gujarat, India | |
| Savvy Fashions Private Limited | ₹26.96 Lakh (FY 2025) | 1.0% | Jammu, Jammu and Kashmir, India | |||
| Noida Merchandising Private Limited | ₹26.95 Lakh (FY 2018) | 110.0% | New Delhi, Delhi, India | |||
| Utopia Distribution and Sales Private Limited | ₹26.95 Lakh (FY 2021) | -1.0% | Patna, Bihar, India | |||
| Nimesh Brothers Fashion and Lives Private Limited | ₹26.94 Lakh (FY 2024) | 291.0% | Hisar, Haryana, India | |||
| Age Lifestyle Private Limited | ₹26.86 Lakh (FY 2024) | -92.0% | Gmc, Assam, India |
To see the full peer comparison of Narhari Exports Private Limited, buy the company report.
Auditor
Narhari Exports Private Limited is audited by Arun Sadhwani & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun Sadhwani & Co | FY 2023 | 038898 |
Shareholding
The shareholding of Narhari Exports 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 Narhari Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2019 | 100315555 | Others | ₹3.15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Narhari Exports 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 Narhari Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Narhari Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN2649G1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narhari Exports Private Limited, buy the company report.
Recent activity
Narhari Exports Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Ravi Bharatkumar Santwani ceased to be Director on 05 Aug 2016.
Frequently asked questions
Narhari Exports is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 26 June 2001 (25+ years old) and is registered under CIN U51311GJ2001PTC039712.
Narhari Exports has 3 current directors:
- Haresh Lalchand Santwani - Director
- Bharatkumar Lalchand Santwani - Director
- Anand Bharatkumar Santwani - Director
The latest financial statements of Narhari Exports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Narhari Exports is 24AABCN2649G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Narhari Exports is U51311GJ2001PTC039712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narhari Exports was incorporated on 26 June 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Narhari Exports by revenue are Vanraj Luxe Private Limited, Ramdeo Business Pvt Ltd, Savvy Fashions Private Limited, Noida Merchandising Private Limited, Utopia Distribution and Sales Private Limited and 2 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Ravi Bharatkumar Santwani ceased to be Director on 05 Aug 2016. Anand Bharatkumar Santwani was appointed as Director on 13 Nov 2003. Bharatkumar Lalchand Santwani was appointed as Director on 26 Jun 2001. Narhari Exports has 4 board changes on record in total.
Narhari Exports can be reached through the website narhari.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Narhari Exports is at 89 New Cloth Market OS Raipur Gate, Ahmedabad, Gujarat, India – 380002.
Narhari Exports operates in the fashion and textile industry, in the fashion retail segment.
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