Garmin Technologies Private Limited logo

Garmin Technologies Private Limited

Produces electronic charts for marine navigation and offers software development services.
2001 | Hyderabad, Telangana (India) | Active

Last Updated:

April 30, 2024
HomeCompanyGarmin Technologies Private Limited

Who are the key members and board of directors at Garmin Technologies?

Board Members(4)

NameDesignationAppointment DateStatus
Daniele Palma It Director 05-Jan-2001Current
Paolo Soro It Whole-Time Director 23-Sep-2014Current
Nissankararao Raveendranadh In Director 27-Apr-2023Current
Michele Graziani It Director 18-Oct-2019Current

Financial Performance and Corporate Structure Insights of Garmin Technologies.

Garmin Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.76% increase. The company also saw a substantial improvement in profitability, with a 45.3% increase in profit. The company's net worth Soared by an impressive increase of 14.46%.

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  • 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
43.76%
Revenue from Operations
43.66%
Total Assets
15.82%
Profit or Loss
45.30%
Net Worth
14.46%
EBITDA
39.43%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Garmin Technologies?

Garmin Technologies has a workforce of 266 employees as of Apr 08, 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.

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Latest Updates, News, and FAQs on Garmin Technologies

Recent activity within the organization

  • Annual General Meeting

    Garmin Technologies Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Director Appointment

    Nissankararao Raveendranadh was appointed as a Director was appointed as a Director on 27 Apr 2023 & has been associated with this company since 1 year 7 months .

    27 Apr 2023

  • Balance Sheet

    Garmin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Michele Graziani was appointed as a Director was appointed as a Director on 18 Oct 2019 & has been associated with this company since 5 years 2 months .

    18 Oct 2019

  • Director Appointment

    Paolo Luigi Maria Soro was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Sep 2014 & has been associated with this company since 10 years 2 months .

    23 Sep 2014

  • Director Appointment

    Daniele Palma was appointed as a Director was appointed as a Director on 05 Jan 2001 & has been associated with this company since 23 years 11 months .

    05 Jan 2001

Recent News, Updates & Announcement

Frequently asked questions

  • Garmin Technologies Private Limited was incorporated on 05 Jan 2001.

  • The authorized share capital of Garmin Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.97 M.

  • Currently 4 directors are associated with Garmin Technologies Private Limited.

    • Daniele Palma
    • Paolo Luigi Maria Soro
    • Nissankararao Raveendranadh
    • Michele Graziani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garmin Technologies Private Limited is Laxmi Cyber City 3Rd Floor Block B Survey No.10, Serilingampally Mandal Kondapur Village, Hyderabad, Telangana, India, 500081.

  • The corporate identification number (CIN) of Garmin Technologies Private Limited is U72200TG2001PTC035995 and the company number is 035995 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garmin Technologies Private Limited is https://www.navionics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garmin Technologies Private Limited has risen by 43.76%.

  • As Per 2023 financial reports, 266 employees are currently employed by Garmin Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garmin Technologies Private Limited has experienced an upsurge of 14.46%.

  • The most recent Balance Sheet for Garmin Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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