Garlico Industries Limited

This company manufactures and exports dehydrated vegetable products to various countries, with major clients including ITC, Indo Nissin Foods, and Haldiram Snacks.

1995 | Indore, Madhya Pradesh (India) | Active
Last Updated: January 13, 2025

Garlico Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.22 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 26.45 Cr
  • Revenue Growth -25.99%
  • Profit Growth 99.73%
  • Ebitda -23.04%
  • Net Worth 4.43%
  • Total Assets -23.03%

About Garlico Industries

Garlico Industries Limited (GIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 September 1995 and has a history of 29 years and four months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Ps Garlico Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.22 Cr.

The company has closed loans amounting to ₹26.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tanvar Chouhan, Ajit Tiwari, and Amit Garg serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15134MP1995PLC009974

  • Company No.

    009974

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1995

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Food and Beverages

What products or services does Garlico Industries Limited offer?

Garlico Industries Limited offers a wide range of products and services, including Fresh, Dried & Preserved Vegetables, Vegetable & Herb Flakes, Cooking Spices and Masala, Vegetable Powders.

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

Executive Team (1)

Name Designation Appointment Date Status
Amit Garg Country flag representing In Managing Director 15-Sep-1995 Current

Board Members (2)

Name Designation Appointment Date Status
Tanvar Chouhan Country flag representing In Additional Director 07-Aug-2021 Current
Ajit Tiwari Country flag representing In Director 12-Sep-2018 Current

Financial Performance of Garlico Industries.

Garlico Industries Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 25.99% decrease. The company also saw a substantial improvement in profitability, with a 99.73% increase in profit. The company's net worth moved up by a moderate rise of 4.43%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-25.99%
Revenue from Operations
-26.59%
Total Assets
-23.03%
Profit or Loss
99.73%
Net Worth
4.43%
EBITDA
-23.04%

What is the Ownership and Shareholding Structure of Garlico Industries?

In 2019, Garlico Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹26.45 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 11.50 Cr
  • Bajaj Finance Limited : 6.22 Cr
  • Uco Bank : 4.05 Cr
  • The Hongkong & Shanghai Banking Corporation Limited : 3.40 Cr
  • State Bank Of India : 0.85 Cr
  • Others : 0.43 Cr

Latest Charge Details

Date Lender Amount Status
09 Jun 2015 Bajaj Finance Limited ₹2.75 Cr Satisfied
05 Nov 2014 Yes Bank Limited ₹11.50 Cr Satisfied
26 Apr 2013 Bajaj Finance Limited ₹1.74 Cr Satisfied
26 Apr 2013 Bajaj Finance Limited ₹1.74 Cr Satisfied
26 Mar 2012 First Blue Home Finance Limited ₹1.75 M Satisfied

How Many Employees Work at Garlico Industries?

Garlico Industries has a workforce of 1 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garlico Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garlico Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Garlico Industries

Recent activity within the organization

  • Charges

    A charge registered on 05 Nov 2014 via Charge ID 10534120 with Yes Bank Limited was fully satisfied on 18 Oct 2021.

    18 Oct 2021

  • Director Appointment

    Tanvar Singh Chouhan was appointed as a Additional Director was appointed as a Additional Director on 07 Aug 2021 & has been associated with this company since 3 years 6 months .

    07 Aug 2021

  • Annual General Meeting

    Garlico Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Garlico Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Gwalior.

    31 Mar 2019

  • Director Appointment

    Ajit Tiwari was appointed as a Director was appointed as a Director on 12 Sep 2018 & has been associated with this company since 6 years 4 months .

    12 Sep 2018

  • Charges

    A charge with Yes Bank Limited of Rs. 11.50 Cr registered on 05 Nov 2014 with Charge ID 10534120 was modified on 27 Jun 2016.

    27 Jun 2016

Frequently asked questions

  • Garlico Industries Limited was incorporated on 15 Sep 1995.

  • The authorized share capital of Garlico Industries Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.22 Cr.

  • Currently 3 directors are associated with Garlico Industries Limited.

    • Tanvar Singh Chouhan
    • Ajit Tiwari
    • Amit Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garlico Industries Limited is 404 Shagun Arcade Near Apna Sweets Plot No 8 Vijay Nagar, A.B. Road India, Indore, Madhya Pradesh, 452010.

  • The corporate identification number (CIN) of Garlico Industries Limited is U15134MP1995PLC009974 and the company number is 009974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garlico Industries Limited is https://www.garlicoindustries.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Garlico Industries Limited has fallen by -25.99%.

  • As Per 2019 financial reports, 1 employees are currently employed by Garlico Industries Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Garlico Industries Limited has experienced an upsurge of 4.43%.

  • The most recent Balance Sheet for Garlico Industries Limited was filed with the ROC on 31 Mar 2019.

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