Target Exports Private Limited
About Target Exports Private Limited
Data last updated:
Target Exports Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 23 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2010PTC034299. Its GSTIN is 03AADCT6254H1ZG (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sukhwinder Singh Grewal (Managing Director) and Rakesh Kumar.
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 Cen 454 Vill. Laton Kalan, Ludhiana, Punjab, India – 142022.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.67 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹2.66 Lakh (net margin -46.8%) and EBITDA of -₹29,821 (EBITDA margin -5.3%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 56% over five years.
As per MCA filings, the company has satisfied charges of ₹1.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressCen 454 Vill. Laton Kalan, Ludhiana, Punjab, India – 142022
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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 Target Exports Private Limited
The main business activities of Target Exports are wholesale and retail trade; repair of motor vehicles and motorcycles and manufacturing. In detail, this covers wholesale trade, except of motor vehicles and motorcycles and manufacture of food products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
| C | Manufacturing | 10 | Manufacture of food products | 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 Target Exports Private Limited FY 2025 filings available
Target Exports Private Limited reported revenue of ₹5.67 Lakh (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Target Exports Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 99% fall in the latest year. EBITDA fell 102% 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 Target Exports Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹29,821 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.66 Lakh | •••• | •••• | •••• | •••• |
| 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 Target Exports Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.8% | •••• | •••• | •••• | •••• |
| 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 Target Exports 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 Target Exports Private Limited
Target Exports Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Petal Enterprises Private Limited | ₹5.7 Lakh (FY 2023) | •••• | •••• | 37.0% | •••• | Ludhiana, Punjab, India |
| Pashupati Advisory Private Limited | ₹5.69 Lakh (FY 2019) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Bheemnath Krushi Evam Pashupalan Producer Company Limited | ₹5.69 Lakh (FY 2020) | •••• | •••• | 6.0% | •••• | Barwada, Gujarat, India |
| Krimpex Synthetics Ltd | ₹5.68 Lakh (FY 2018) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Jay Laxmi Tradelinks Private Limited | ₹5.67 Lakh (FY 2018) | •••• | •••• | 15.0% | •••• | Surat, Gujarat, India |
| Target Exports Private Limited this company | ₹5.67 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Ludhiana, Punjab, India |
| Jyotsna Vanijya Private Limited | ₹5.66 Lakh (FY 2022) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Suji Exim Private Limited | ₹5.65 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | New Delhi, Delhi, India |
| Star Sulz Private Limited | ₹5.64 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bhilwara, Rajasthan, India |
| Idea Vinimay Private Limited | ₹5.62 Lakh (FY 2016) | •••• | •••• | 51.0% | •••• | Kolkata, West Bengal, India |
| Naitik Impex Private Limited | ₹5.61 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Target Exports by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Target Exports Private Limited
Target Exports Private Limited is audited by RAVI GARG & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVI GARG & 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 Target Exports Private Limited
Target Exports 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 |
|---|---|---|---|---|
| Sukhwinder Singh Grewal | Managing Director | 23 Sep 2010 | 16 Years 0 Months | Current |
| Rakesh Kumar | Director | 11 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Target Exports Private 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 Target Exports Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2013 | Punjab National Bank | ₹1.1 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Target Exports Private Limited
Target Exports Private Limited has 1 court case on record: 1 filed by Target Exports. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed by the company against Mann Farms Private Limited | Disposed |
Full case history
All 1 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 Target Exports Private Limited
Employment history and EPFO contributions of people linked to Target Exports.
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.
Recent Activity on Target Exports Private Limited
Target Exports Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Rakesh Kumar ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Target Exports Private 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 Target Exports Private 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 Target Exports Private 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 Target Exports Private Limited
Target Exports has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCT6254H1ZG | Punjab | Active | 01 Jul 2017 |
| 27AADCT6254H2Z5 | Maharashtra | Active | 24 Sep 2018 |
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 Target Exports Private 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 Target Exports Private Limited
Target Exports is an active private limited company based in Ludhiana, Punjab, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 23 September 2010 (16+ years old) and is registered under CIN U51909PB2010PTC034299.
Target Exports reported revenue of ₹5.67 Lakh for FY 2024 (down 99% YoY).
Target Exports has 2 current directors:
- Sukhwinder Singh Grewal - Managing Director
- Rakesh Kumar - Director
Target Exports reported a net loss of ₹2.66 Lakh (net margin -46.8%) and EBITDA of -₹29,821 (EBITDA margin -5.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Target Exports is -81% over three years and -56% over five years. In the latest year (FY 2024) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Target Exports is 03AADCT6254H1ZG, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCT6254H2Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Target Exports is U51909PB2010PTC034299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Target Exports has 1 court case on record: 1 filed by the company.
Target Exports was incorporated on 23 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Target Exports by revenue are Petal Enterprises Private Limited, Pashupati Advisory Private Limited, Bheemnath Krushi Evam Pashupalan Producer Company Limited, Krimpex Synthetics Ltd, Jay Laxmi Tradelinks Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Rakesh Kumar ceased to be Additional Director on 29 Sep 2023. Mohinder Partap Singh Bajwa ceased to be Managing Director on 21 Nov 2022. Rakesh Kumar was appointed as Director on 11 Nov 2022. Target Exports has 5 board changes on record in total.