Target Exports Private Limited

Target Exports Private Limited - home & lifestyle in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U51909PB2010PTC034299 Incorporated 23 September 2010 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company home and lifestyle MSME · Micro
Data last updated
Revenue · FY 2024
₹5.67 Lakh
▼ 99% YoY
Net loss · FY 2024
₹2.66 Lakh
Net margin -46.8%
EBITDA · FY 2024
-₹29,821
EBITDA margin -5.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹1.1 Cr
No open charges
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

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.

Target Exports Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0016546). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U51909PB2010PTC034299
Registration Number 034299
Incorporation Date 23 September 2010
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0016546
Key People
Sukhwinder Singh Grewal Managing Director Rakesh Kumar Director

Recognitions & Rankings of Target Exports

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-12-0016546

Contact details

Target Exports Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Cen 454 Vill. Laton Kalan, Ludhiana, Punjab, India – 142022
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Target Exports Private Limited, buy the company report.

Comprehensive company report
Target Exports 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 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles
CManufacturing10Manufacture of food products

To see the full business activity and turnover split of Target Exports Private Limited, buy the company report.

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.

Revenue · FY 2024
₹5.67 Lakh ▼ 99%
Net loss · FY 2024
₹2.66 Lakh margin -46.8%
EBITDA · FY 2024
-₹29,821 margin -5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 81%
5 years · compounded
▼ 56%
EBITDA CAGR growth
1 year
▼ 102%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

To see the full financial statements and ratios of Target Exports Private Limited, buy the company report.

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sukhwinder Singh Grewal
Also directs: Divine Groceries Private Limited, MCR Foods (India) Private Limited, Bavan Exports Private Limited
Managing Director23 Sep 201016 Years 1 MonthsCurrent
Rakesh KumarDirector11 Nov 20223 Years 11 MonthsCurrent
View all directors

Auditor

Target Exports Private Limited is audited by RAVI GARG & CO for the financial year 2016.

Auditor firmFinancial yearFirm registration number
RAVI GARG & COFY 2016016998N

Shareholding

The shareholding of Target Exports Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Target Exports Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.1 Cr
Breakdown by lending institutions
Punjab National Bank₹1.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 201310416250Punjab National Bank₹1.1 CrSatisfied

To see the full charge records of Target Exports Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Target Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Target Exports has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AADCT6254H1ZGPunjabActive01 Jul 2017
27AADCT6254H2Z5MaharashtraActive24 Sep 2018

To see the full GST registrations and return filing status of Target Exports Private Limited, buy the company report.

Recent activity

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.

AGM
Target Exports Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Target Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Rakesh Kumar ceased to be Additional Director.
Ceased
Mohinder Partap Singh Bajwa ceased to be Managing Director.
Appointed
Rakesh Kumar was appointed as Director.
Charges
A charge registered on 29 Mar 2013 via Charge ID 10416250 with Punjab National Bank was fully satisfied on 20 Oct 2022.
Charges
A charge with Punjab National Bank amounted to Rs. 110.00 Lakh with Charge ID 10416250 was registered on 29 Mar 2013.
Ceased
Sukhwinder Singh Grewal ceased to be Director.
Appointed
Sukhwinder Singh Grewal was appointed as Managing Director.
Incorporation
23 Sep 2010
Target Exports Private Limited was registered on 23 Sep 2010 with Roc Chandigarh & aged 16 years 1 month as per MCA records.

Frequently asked questions

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 has 2 current directors:

The latest financial statements of Target Exports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

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.

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.

Yes, Target Exports is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0016546).

The registered office of Target Exports is at Cen 454 Vill. Laton Kalan, Ludhiana, Punjab, India – 142022.