Palm Art Apparels Private Limited
About Palm Art Apparels Private Limited
Data last updated:
Palm Art Apparels Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51500DL2006PTC152468. Its GSTIN is 07AAECP0980H1ZE (Delhi).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Deepak Goyal and Sunil Goyal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at E – 19 Additional Floor Basement Floor, Naraina Vihar New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2026, the company reported a revenue of ₹99.3 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹4.03 Lakh (net margin 4.1%) and EBITDA of ₹21.92 Lakh (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 82% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palm Art Apparels Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 19 Additional Floor Basement Floor, Naraina Vihar New Delhi, Delhi, India – 110028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Palm Art Apparels 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 Palm Art Apparels is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Palm Art Apparels Private Limited, buy the company report.
Financials of Palm Art Apparels Private Limited
FY 2026 filings availablePalm Art Apparels Private Limited reported revenue of ₹99.3 Lakh (down 69% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 82%. EBITDA fell 81% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹99.3 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.1% | ||||
| Net Profit Margin | 4.1% | ||||
| 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 Palm Art Apparels Private Limited, buy the company report.
Board of directors of Palm Art Apparels Private Limited
Palm Art Apparels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Goyal Also directs: Shangrilla World Estate LLP, Bhagwati Sales Private Limited | Director | 10 Dec 2025 | 0 Years 11 Months | Current |
| Sunil Goyal Also directs: Marvelous Farms LLP | Director | 25 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Palm Art Apparels Private Limited is audited by SAJJAN JINDAL & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAJJAN JINDAL & CO. | FY 2026 | 014054N |
Shareholding
The shareholding of Palm Art Apparels Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palm Art Apparels Private Limited, buy the company report.
Legal cases
Palm Art Apparels Private Limited has 5 court cases on record: 4 filed by Palm Art Apparels, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed by the company against M/S. En Kay Builders Pvt. Ltd. and 2 others | Disposed |
| District court, New Delhi, Delhi | Court case (Counter Claim) | Filed against the company by Enkay Builders Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Enkay Builders Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (C.R.P.) | Filed by the company against Enkay Builders Pvt Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Enkay Builders Pvt Ltd | Disposed |
To see the full case history of Palm Art Apparels 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 Palm Art Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palm Art Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECP0980H1ZE | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palm Art Apparels Private Limited, buy the company report.
Recent activity
Palm Art Apparels Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Deepak Goyal was appointed as Director on 10 Dec 2025.
Frequently asked questions
Palm Art Apparels is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 August 2006 (20+ years old) and is registered under CIN U51500DL2006PTC152468.
Palm Art Apparels has 2 current directors:
- Deepak Goyal - Director
- Sunil Goyal - Director
The latest financial statements of Palm Art Apparels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palm Art Apparels is 07AAECP0980H1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Palm Art Apparels is U51500DL2006PTC152468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palm Art Apparels has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Palm Art Apparels was incorporated on 25 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Deepak Goyal was appointed as Director on 10 Dec 2025. Nand Lal Goyal ceased to be Director on 19 Aug 2011. Bal Krishan Garg ceased to be Additional Director on 03 Aug 2011. Palm Art Apparels has 5 board changes on record in total.
The registered office of Palm Art Apparels is at E – 19 Additional Floor Basement Floor, Naraina Vihar New Delhi, Delhi, India – 110028.
Palm Art Apparels operates in the real estate and construction industry, in the real estate builders and developers segment.
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