MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-05-0023372
Saraswat Garments Private Limited
Saraswat Garments Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹64.57 Lakh
▼ 73% YoY
Net loss · FY 2025
₹3.6 Cr
Latest filing
EBITDA · FY 2025
-₹3.34 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹6.4 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Saraswat Garments Private Limited
Data last updated:
Saraswat Garments Private Limited is a private limited company based in Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2009PTC196348. Its GSTIN is 07AANCS6656C1Z3 (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Raj Kumar Sarswat and Sunita Saraswat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at J – 5/1 S/F West Jyoti Nagar Shahdara, Delhi, India – 110093.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.57 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹3.6 Cr and EBITDA of -₹3.34 Cr. Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹6.4 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending.
Saraswat Garments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-05-0023372). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18109DL2009PTC196348
Registration Number 196348
Incorporation Date 24 November 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-05-0023372
Recognitions & Rankings of Saraswat Garments
Contact details
Saraswat Garments Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ – 5/1 S/F West Jyoti Nagar Shahdara, Delhi, India – 110093
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Saraswat Garments Private Limited, buy the company report.
Comprehensive company report
Saraswat Garments 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 Saraswat Garments 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 Saraswat Garments Private Limited, buy the company report.
Financials of Saraswat Garments Private Limited
FY 2024 filings availableSaraswat Garments Private Limited reported revenue of ₹64.57 Lakh (down 73% YoY) for FY 2025.
Revenue · FY 2025
₹64.57 Lakh ▼ 73%
Net loss · FY 2025
₹3.6 Cr
EBITDA · FY 2025
-₹3.34 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 59%
5 years · compounded
▼ 35%
EBITDA CAGR growth
3 years · compounded
▼ 151%
5 years · compounded
▼ 75%
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 73% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Saraswat Garments Private Limited, buy the company report.
Board of directors of Saraswat Garments Private Limited
Saraswat Garments has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Sarswat | Director | 11 May 2015 | 11 Years 5 Months | Current |
| Sunita Saraswat | Director | 11 May 2015 | 11 Years 5 Months | Current |
Peer comparison
Saraswat Garments Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Shree Daksh Jyot Silk Mills Private Limited | ₹65.05 Lakh (FY 2020) | -54.0% | Bhiwandi, Maharashtra, India | |||
| Kush Extracts Private Limited | ₹64.92 Lakh (FY 2024) | 81.0% | Kolkata, West Bengal, India | |||
| Saraswat Garments Private Limitedthis company | ₹64.57 Lakh (FY 2025) | -₹3.6 Cr | -73.0% | Delhi, India | ||
| Dynamic Embroideries Pvt. Ltd. | ₹64.52 Lakh (FY 2024) | 29.0% | New Delhi, Delhi, India | |||
| Chakrin Digital Textiles Private Limited | ₹64.46 Lakh (FY 2024) | 2839336.0% | Panipat, Haryana, India |
To see the full peer comparison of Saraswat Garments Private Limited, buy the company report.
Auditor
Saraswat Garments Private Limited is audited by RAKESH DAULAT RAM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH DAULAT RAM & CO. | FY 2023 | 021757N |
Shareholding
The shareholding of Saraswat Garments 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 Saraswat Garments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2023 | 100744152 | Others | ₹2.9 Cr | Open | |
| 15 Jul 2013 | 10444097 | Others | ₹3.5 Cr | Open |
To see the full charge records of Saraswat Garments Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Saraswat Garments Private Limited has 7 court cases on record: 5 filed by Saraswat Garments, 2 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Interim or miscellaneous application | Filed against the company by M/S Icici Bank Limited | Disposed |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by an individual | Pending |
| District court, North East, Delhi | Civil suit | Filed by the company against an individual | Pending |
| District court, North East, Delhi | Court case (C.S. (COMM)) | Filed by the company against an individual | Disposed |
| District court, North East, Delhi | Interim or miscellaneous application | Filed by the company against M/S Ashirbad Fashion | Disposed |
To see the full case history of Saraswat Garments 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 Saraswat Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saraswat Garments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCS6656C1Z3 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saraswat Garments Private Limited, buy the company report.
Recent activity
Saraswat Garments Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Manmohan Saraswat ceased to be Director on 20 Feb 2023.
AGM
Saraswat Garments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saraswat Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 290.00 Lakh with Charge ID 100744152 was registered on 20 Apr 2023.
Ceased
Manmohan Saraswat ceased to be Director.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 15 Jul 2013 with Charge ID 10444097 was modified on 07 Apr 2022.
Ceased
Poonam Saraswat ceased to be Director.
Ceased
Sanjay Saraswat ceased to be Director.
Appointed
Raj Kumar Sarswat was appointed as Director.
Appointed
Sunita Saraswat was appointed as Director.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 10444097 was registered on 15 Jul 2013.
Ceased
Raj Kumar Sarswat ceased to be Director.
Ceased
Sunita Saraswat ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Saraswat Garments is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 November 2009 (17+ years old) and is registered under CIN U18109DL2009PTC196348.
Saraswat Garments has 2 current directors:
- Raj Kumar Sarswat - Director
- Sunita Saraswat - Director
The latest financial statements of Saraswat Garments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Saraswat Garments is 07AANCS6656C1Z3, registered in Delhi.
The CIN (Corporate Identification Number) of Saraswat Garments is U18109DL2009PTC196348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraswat Garments has 7 court cases on record: 5 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Saraswat Garments was incorporated on 24 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Saraswat Garments by revenue are Shree Daksh Jyot Silk Mills Private Limited, Kush Extracts Private Limited, Dynamic Embroideries Pvt. Ltd, Chakrin Digital Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Manmohan Saraswat ceased to be Director on 20 Feb 2023. Poonam Saraswat ceased to be Director on 27 Jan 2016. Sanjay Saraswat ceased to be Director on 27 Jan 2016. Saraswat Garments has 7 board changes on record in total.
Yes, Saraswat Garments is registered as a small enterprise under Udyam registration (number: UDYAM-DL-05-0023372).
The registered office of Saraswat Garments is at J – 51 SF West Jyoti Nagar Shahdara, Delhi, India – 110093.
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