Garmin Technologies Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.97 M
- Company Age 24 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 43.76%
- Profit Growth 45.30%
- Ebitda 39.43%
- Net Worth 14.46%
- Total Assets 15.82%
About Garmin Technologies
Garmin Technologies Private Limited (GTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 2001 and has a history of 24 years. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Navionics Technologies Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.97 M, as per Ministry of Corporate Affairs (MCA) records.
Daniele Palma, Paolo Soro, Nissankararao Raveendranadh, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2001PTC035995
- Company No.
035995
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jan 2001
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Garmin Technologies?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Daniele Palma  | Director | 05-Jan-2001 | Current |
| Paolo Soro | Whole-Time Director | 23-Sep-2014 | Current |
Nissankararao Raveendranadh  | Director | 27-Apr-2023 | Current |
| Michele Graziani | Director | 18-Oct-2019 | Current |
Financial Performance 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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What is the Ownership and Shareholding Structure of Garmin Technologies?
In 2022, Garmin Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garmin India Private LimitedNissankararao Raveendranadh is a mutual person
Charges (Loans)
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Garmin Technologies, 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 Garmin Technologies's trajectory.
Rating
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
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.
