Gland Chemicals Pvt Ltd

Produces pharmaceuticals, bio-chemicals, synthetic molecules, nutraceuticals, and advanced intermediates.

1974 | Hyderabad, Telangana (India) | Active
Last Updated: December 21, 2024

Gland Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.78 Cr
  • Company Age 50 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.30 Cr
  • Satisfied Charges ₹ 28.45 Cr
  • Revenue Growth 32.53%
  • Profit Growth -68.68%
  • Ebitda -32.17%
  • Net Worth 13.94%
  • Total Assets 115.99%

About Gland Chemicals

Gland Chemicals Pvt Ltd (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 1974 and has a history of 50 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.78 Cr.

The company currently has active open charges totaling ₹16.30 Cr. The company has closed loans amounting to ₹28.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Penmetsa Ravindranath, Ramesh Penmetcha, Naga Bandreddi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110TG1974PTC001694

  • Company No.

    001694

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1974

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

Who are the key members and board of directors at Gland Chemicals?

Executive Team (1)

Name Designation Appointment Date Status
Naga Bandreddi Country flag representing In Managing Director 18-Feb-2021 Current

Board Members (4)

Name Designation Appointment Date Status
Penmetsa Ravindranath Country flag representing Us Director 07-Feb-1983 Current
Ramesh Penmetcha Country flag representing In Director 26-Dec-2018 Current
Viswanath Chibrolu Country flag representing Us Director 14-Nov-2022 Current
Nakul Penmetsa Country flag representing Us Director 01-Nov-2012 Current

Financial Performance of Gland Chemicals.

Gland Chemicals Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 32.53% increase. The company also saw a substantial fall in profitability, with a 68.68% decrease in profit. The company's net worth Soared by an impressive increase of 13.94%.

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
32.53%
Revenue from Operations
33.22%
Total Assets
115.99%
Profit or Loss
-68.68%
Net Worth
13.94%
EBITDA
-32.17%

What is the Ownership and Shareholding Structure of Gland Chemicals?

In 2022, Gland Chemicals had a promoter holding of 97.37% and a public holding of 2.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.30 Cr

Satisfied Charges

₹28.45 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 16.00 Cr
  • A.P.I.D.C. : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
20 Mar 1997 A.P.I.D.C. ₹2.99 M Open
14 Mar 1996 Axis Bank Limited ₹16.00 Cr Open
09 Dec 2011 Technology Development Board ₹8.60 Cr Satisfied
12 Apr 2007 Uti Bank Limited ₹10.00 Cr Satisfied
30 Jun 2006 Uti Bank Limited ₹9.00 Cr Satisfied

How Many Employees Work at Gland Chemicals?

Gland Chemicals has a workforce of 360 employees as of Apr 07, 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 Gland Chemicals, 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 Gland Chemicals'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 Gland Chemicals

Recent activity within the organization

  • Annual General Meeting

    Gland Chemicals Pvt Ltd last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Gland Chemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Viswanath Venkata Subrahmanya Anjaneya Chibrolu was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 2 years 2 months .

    14 Nov 2022

  • Director Appointment

    Naga Malleswara Rao Bandreddi was appointed as a Managing Director was appointed as a Managing Director on 18 Feb 2021 & has been associated with this company since 3 years 11 months .

    18 Feb 2021

  • Charges

    A charge registered on 09 Dec 2011 via Charge ID 10333703 with Technology Development Board was fully satisfied on 18 Mar 2019.

    18 Mar 2019

  • Director Appointment

    Ramesh Kumar Penmetcha was appointed as a Director was appointed as a Director on 26 Dec 2018 & has been associated with this company since 6 years 1 month .

    26 Dec 2018

Frequently asked questions

  • Gland Chemicals Pvt Ltd was incorporated on 15 Mar 1974.

  • The authorized share capital of Gland Chemicals Pvt Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 4.78 Cr.

  • Currently 5 directors are associated with Gland Chemicals Pvt Ltd.

    • Penmetsa Ravindranath
    • Ramesh Kumar Penmetcha
    • Naga Malleswara Rao Bandreddi
    • Viswanath Venkata Subrahmanya Anjaneya Chibrolu
    • Nakul Venkat Penmetsa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gland Chemicals Pvt Ltd is Plot. No.218 Road No.17, Jubilee Hills India, Hyderabad, Telangana, 500033.

  • The corporate identification number (CIN) of Gland Chemicals Pvt Ltd is U24110TG1974PTC001694 and the company number is 001694 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gland Chemicals Pvt Ltd is https://www.glandchemicals.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gland Chemicals Pvt Ltd has risen by 32.53%.

  • As Per 2022 financial reports, 360 employees are currently employed by Gland Chemicals Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gland Chemicals Pvt Ltd has experienced an upsurge of 13.94%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gland Chemicals Pvt Ltd amount to ₹ 16.30 Cr.

  • The most recent Balance Sheet for Gland Chemicals Pvt Ltd was filed with the ROC on 31 Mar 2024.

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