TGC Exports Private Limited

TGC Exports Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U18101MH2006PTC165805 Incorporated 27 November 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME
Revenue · FY 2024
₹19.42 Cr
▼ 42% YoY
Net profit · FY 2024
₹11.62 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.07 Cr
EBITDA margin 5.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹14 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
2
Provident fund records

About TGC Exports Private Limited

Data last updated:

TGC Exports Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 November 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2006PTC165805. Its GSTIN is 27AACCT5508R1ZR (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Murlidhar Jayakar Shetty and Vikas Satish Khanna.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.42 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹11.62 Lakh (net margin 0.6%) and EBITDA of ₹1.07 Cr (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 12% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: The Garment Company. As per MCA filings, the company has open charges of ₹14 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.

TGC Exports Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0060216). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thegarmentcompany.com.

Company details

CIN U18101MH2006PTC165805
Registration Number 165805
Incorporation Date 27 November 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0060216
Key People
Murlidhar Jayakar Shetty Director Vikas Satish Khanna Director

Recognitions & Rankings of TGC Exports

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0060216

Contact details

TGC Exports Private Limited's registered office is in Mumbai, Maharashtra. Its website is thegarmentcompany.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    thegarmentcompany.com
  • Registered Address
    26/27 Gaurav Industrial Estate Bharat Coal Compound Bail Bazar Kurla, (W), Mumbai, Maharashtra, India – 400070
  • Industry
    Manufacturing, Textile & Fabric Production

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

Comprehensive company report
TGC 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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Secure checkout · GST invoice included

Brands

TGC Exports operates one associated brand: The Garment Company. Each brand links to its own profile.

BrandDescriptionWebsite
The Garment Company
Manufacturing and exporting of woven garments from India.thegarmentcompany.com

Business activity

The main business activity of TGC Exports is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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

Financials of TGC Exports Private Limited

FY 2025 filings available

TGC Exports Private Limited reported revenue of ₹19.42 Cr (down 42% YoY) for FY 2024.

Revenue · FY 2024
₹19.42 Cr ▼ 42%
Net profit · FY 2024
₹11.62 Lakh margin 0.6%
EBITDA · FY 2024
₹1.07 Cr margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 14%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 3%
5 years · compounded
▼ 9%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 42% fall in the latest year. EBITDA fell 11% 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₹1.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.62 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 Margin5.5%
Net Profit Margin0.6%
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 TGC Exports Private Limited, buy the company report.

Board of directors of TGC Exports Private Limited

TGC Exports has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Murlidhar Jayakar Shetty
Also directs: TGC Global Fashion LLP
Director27 Nov 200619 Years 11 MonthsCurrent
Vikas Satish Khanna
Also directs: TGC Global Fashion LLP, Mukesh Khanna Foundation
Director27 Nov 200619 Years 11 MonthsCurrent
View all directors

Peer comparison

TGC Exports Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shubham Fabrics India Private Limited₹19.45 Cr (FY 2025)9.0%Noida, Uttar Pradesh, India
Hritnik Export Private Limited₹19.45 Cr (FY 2025)-5.0%Delhi, India
Bluestar Cottspin Private Limited₹19.43 Cr (FY 2025)22.0%Rajkot, Gujarat, India
Toto PVC Leather Private Limited₹19.43 Cr (FY 2024)-27.0%Bagathala, Gujarat, India
TGC Exports Private Limitedthis company₹19.42 Cr (FY 2024)₹11.62 Lakh0.6%-42.0%2Mumbai, Maharashtra, India
Garv Fashions Private Limited₹19.4 Cr (FY 2025)7.0%Kolkata, West Bengal, India

To see the full peer comparison of TGC Exports Private Limited, buy the company report.

Auditor

TGC Exports Private Limited is audited by NBS & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NBS & Co.FY 2023110100W

Shareholding

The shareholding of TGC Exports 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹14 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹7.00 Cr
Others₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jan 201010206572Bank of Baroda₹2 CrOpen
19 Jan 201010206573Bank of Baroda₹5 CrOpen
19 Jan 201010206575Others₹7 CrOpen

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

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

TGC Exports Private Limited was last rated by Crisil on 29 Jun 2021.

Rating agencyRated onRating
Crisil29 Jun 2021

To see the full credit ratings and regulatory alerts of TGC Exports Private Limited, buy the company report.

MSME payment delays

TGC Exports Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Aquarius Tex Fab Private Limited

To see the full MSME payment records of TGC Exports Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

TGC Exports Private Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-272
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of TGC Exports Private Limited, buy the company report.

GST

TGC Exports has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCT5508R1ZRMaharashtraActive01 Jul 2017

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

Recent activity

TGC Exports Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Murlidhar Jayakar Shetty was appointed as Director on 27 Nov 2006.

AGM
Tgc Exports Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tgc Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 700.00 Lakh registered on 19 Jan 2010 with Charge ID 10206575 was modified on 07 Aug 2019.
Charges
A charge with Bank Of Baroda of Rs. 500.00 Lakh registered on 19 Jan 2010 with Charge ID 10206573 was modified on 06 Nov 2013.
Charges
A charge with Bank Of Baroda amounted to Rs. 200.00 Lakh with Charge ID 10206572 was registered on 19 Jan 2010.
Charges
A charge with Bank Of Baroda amounted to Rs. 500.00 Lakh with Charge ID 10206573 was registered on 19 Jan 2010.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 10206575 was registered on 19 Jan 2010.
Appointed
Murlidhar Jayakar Shetty was appointed as Director.
Appointed
Vikas Satish Khanna was appointed as Director.
Incorporation
27 Nov 2006
Tgc Exports Private Limited was registered on 27 Nov 2006 with Roc Mumbai & aged 19 years 11 months as per MCA records.

Frequently asked questions

TGC Exports is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 November 2006 (20+ years old) and is registered under CIN U18101MH2006PTC165805.

TGC Exports has 2 current directors:

The latest financial statements of TGC 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 TGC Exports is 27AACCT5508R1ZR, registered in Maharashtra.

The CIN (Corporate Identification Number) of TGC Exports is U18101MH2006PTC165805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

TGC Exports has 4 court cases on record: 4 filed against it. 2 are pending.

TGC Exports was incorporated on 27 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of TGC Exports by revenue are Shubham Fabrics India Private Limited, Hritnik Export Private Limited, Bluestar Cottspin Private Limited, Toto PVC Leather Private Limited, Garv Fashions Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Murlidhar Jayakar Shetty was appointed as Director on 27 Nov 2006. Vikas Satish Khanna was appointed as Director on 27 Nov 2006.

Yes, TGC Exports is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0060216).

TGC Exports has 3 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.

TGC Exports can be reached through the website thegarmentcompany.com. Its registered office is in Mumbai, Maharashtra, India.