Oswal Corp Limited
About Oswal Corp Limited
Data last updated:
Oswal Corp Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00000PB2003PLC026430. Its GSTIN is 03AAACO6613N1ZG (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Manish Mahajan and Anil Kumar Garg.
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 88 Industrial Area – A Oswal Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.56 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr (net margin -23%) and EBITDA of -₹18.76 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address88 Industrial Area – A Oswal Road, Ludhiana, Punjab, India – 141003
- IndustryFashion and Textile, Fashion Retail
- 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
Business Activity of Oswal Corp Limited
The main business activity of Oswal Corp is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Oswal Corp Limited FY 2025 filings available
Oswal Corp Limited reported revenue of ₹7.56 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Oswal Corp Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 133% 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 of Oswal Corp Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹18.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.74 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 of Oswal Corp Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -23% | •••• | •••• | •••• | •••• |
| 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 Oswal Corp 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.
Peer Comparison of Oswal Corp Limited
Oswal Corp Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prabha Sarees Private Limited | •••• | •••• | •••• | •••• | - | M Block Market, Delhi, India |
| Kafe Clothing Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Radhegovind Apparel Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Blue Star International Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Riwaaz Garments Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Oswal Corp Limited this company | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Safetek Engineering Solutions Private Limited | •••• | •••• | •••• | •••• | - | Shahdara, Delhi, India |
| Boutiques Asia Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Arham Fabrics Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Gopal Sons Marketing Pvt Ltd | •••• | •••• | •••• | •••• | - | Ujjain, Madhya Pradesh, India |
| Samyak Departmental Stores Private Limited | •••• | •••• | •••• | •••• | - | Baramati, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Oswal Corp by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Oswal Corp Limited
Oswal Corp Limited is audited by S JAIN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S JAIN & CO | 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 Oswal Corp Limited
Oswal Corp has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Mahajan Also directs: Oswal Exim Trade Ltd, Malwa Industries Ltd, Malwa Millennium Designs Limited and 5 more | Director | 23 Mar 2019 | 7 Years 6 Months | Current |
| Anil Kumar Garg | Additional Director | 16 Jun 2020 | 6 Years 3 Months | Current |
| Mahesh Parshad Also directs: Libra Trading and Investment Co Private Limited, Oswal Knit India Limited, Oswal Garments Limited and 5 more | Additional Director | 01 Dec 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Oswal Corp 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 Oswal Corp Limited
Oswal Corp Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Oswal Corp Limited
Oswal Corp Limited has 4 court cases on record: 4 filed by Oswal Corp. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Vac Apparels Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Oswal Corp Limited
Oswal Corp Limited has a workforce of 11 employees as of Apr 08, 2024.
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.
CIN History of Oswal Corp Limited
Oswal Corp has one previous CIN (Corporate Identification Number): L00000PB2003PLC026430. The current CIN is U00000PB2003PLC026430, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00000PB2003PLC026430 | Current |
| L00000PB2003PLC026430 | Previous |
Recent Activity on Oswal Corp Limited
Oswal Corp Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Dharm Pal Chopra ceased to be Additional Director on 01 Dec 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Oswal Corp 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 Oswal Corp 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 Oswal Corp 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 Oswal Corp Limited
Oswal Corp has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACO6613N1ZG | Punjab | Active | 06 May 2019 |
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 Oswal Corp 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 Oswal Corp Limited
Oswal Corp is an active public limited company based in Ludhiana, Punjab, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 October 2003 (23+ years old) and is registered under CIN U00000PB2003PLC026430.
Oswal Corp reported revenue of ₹7.56 Cr for FY 2025 (down 14% YoY).
Oswal Corp has 3 current directors:
- Manish Mahajan - Director
- Anil Kumar Garg - Additional Director
- Mahesh Parshad - Additional Director
Oswal Corp reported a net loss of ₹1.74 Cr (net margin -23%) and EBITDA of -₹18.76 Lakh (EBITDA margin -2.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Oswal Corp is 5% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Oswal Corp is 03AAACO6613N1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of Oswal Corp is U00000PB2003PLC026430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oswal Corp has 4 court cases on record: 4 filed by the company.
Oswal Corp was incorporated on 07 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Oswal Corp by revenue are Prabha Sarees Private Limited, Kafe Clothing Private Limited, Radhegovind Apparel Private Limited, Blue Star International Private Limited, Riwaaz Garments Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Dharm Pal Chopra ceased to be Additional Director on 01 Dec 2021. Mahesh Parshad was appointed as Additional Director on 01 Dec 2021. Anil Kumar Garg was appointed as Additional Director on 16 Jun 2020. Oswal Corp has 10 board changes on record in total.