Garg Industries Limited

Garg Industries Limited

Manufacturer of wire rod, square, and treated bars for cycle wheel spokes.
1991 | New Delhi, Delhi (India) | Active

Last Updated:

October 04, 2024
HomeCompanyGarg Industries Limited

Who are the key members and board of directors at Garg Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Isha Gupta InCompany Secretary01-May-2019Current

Board Members(3)

NameDesignationAppointment DateStatus
Balraj Garg In Director 22-Jun-1998Current
Narsi Dass In Director 22-Jun-1998Current
Vikas Jain In Director 27-Mar-2015Current

Financial Performance of Garg Industries.

Garg Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.01% decrease. The company also saw a slight improvement in profitability, with a 4.21% increase in profit. The company's net worth moved up by a moderate rise of 4.47%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-18.01%
Revenue from Operations
-17.87%
Total Assets
-3.12%
Profit or Loss
4.21%
Net Worth
4.47%
EBITDA
10.25%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹31.21 Cr

₹287.34 Cr

LenderAmountStatus

Others

Creation Date: 30 Jun 2024
₹1.00 CrOpen

Hdfc Bank Limited

Creation Date: 03 May 2024
₹2.50 MOpen

Hdfc Bank Limited

Creation Date: 03 May 2024
₹1.60 CrOpen

How Many Employees Work at Garg Industries?

Garg Industries has a workforce of 56 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Garg Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100942222 was registered on 30 Jun 2024.

    30 Jun 2024

  • Charges

    A charge registered on 30 Apr 2021 via Charge ID 100445649 with Hdfc Bank Limited was fully satisfied on 14 Jun 2024.

    14 Jun 2024

  • Charges

    A charge registered on 18 Sep 2021 via Charge ID 100484322 with Axis Bank Limited was fully satisfied on 19 May 2024.

    19 May 2024

  • Charges

    A charge registered on 09 Jul 2021 via Charge ID 100458331 with Axis Bank Limited was fully satisfied on 19 May 2024.

    19 May 2024

  • Charges

    A charge registered on 21 Oct 2020 via Charge ID 100408919 with Hdfc Bank Limited was fully satisfied on 06 May 2024.

    06 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100915968 was registered on 03 May 2024.

    03 May 2024

Frequently asked questions

  • Garg Industries Limited was incorporated on 11 Jan 1991.

  • The authorized share capital of Garg Industries Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.55 Cr.

  • Currently 4 directors are associated with Garg Industries Limited.

    • Balraj Garg
    • Narsi Dass
    • Vikas Jain
    • Isha Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Industries Limited is D-128 Upper Ground Floor New Rajinder Nagar Near Post Office Shankar Road, New Delhi, India, 110060.

  • The corporate identification number (CIN) of Garg Industries Limited is U27106DL1991PLC222970 and the company number is 222970 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Industries Limited has fallen by -18.01%.

  • As Per 2023 financial reports, 56 employees are currently employed by Garg Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Industries Limited has experienced an upsurge of 4.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garg Industries Limited amount to ₹ 31.21 Cr.

  • The most recent Balance Sheet for Garg Industries Limited was filed with the ROC on 31 Mar 2023.

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