Gland Chemicals Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.78 Cr
- Company Age 50 Year, 11 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 11 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
- Website
- 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  | Managing Director | 18-Feb-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Penmetsa Ravindranath  | Director | 07-Feb-1983 | Current |
| Ramesh Penmetcha | Director | 26-Dec-2018 | Current |
| Viswanath Chibrolu | Director | 14-Nov-2022 | Current |
| Nakul Penmetsa | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Valar Capital Advisory LlpPenmetsa Ravindranath is a mutual person
Ksk Energy Ventures LimitedPenmetsa Ravindranath is a mutual person
- Dhananjaya Properties Llp
Penmetsa Ravindranath is a mutual person
- Markanday Properties Llp
Penmetsa Ravindranath is a mutual person
- Sasikala Properties Llp
Penmetsa Ravindranath is a mutual person
- Nr Advisory Services Llp
Penmetsa Ravindranath and Nakul Penmetsa are mutual person
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.
Deals i
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
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.
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.
- Balance Sheet
Gland Chemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- 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 3 months .
- 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 4 years 14 days .
- Charges
A charge registered on 09 Dec 2011 via Charge ID 10333703 with Technology Development Board was fully satisfied on 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 2 months .
Frequently asked questions
What is the Incorporation or founding date of Gland Chemicals Pvt Ltd?
Gland Chemicals Pvt Ltd was incorporated on 15 Mar 1974.
What is authorized share capital and paid-up capital of Gland Chemicals Pvt Ltd?
The authorized share capital of Gland Chemicals Pvt Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 4.78 Cr.
Who are the current board members & directors of Gland Chemicals Pvt Ltd?
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
What is the registered address of Gland Chemicals Pvt Ltd?
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.
What is the corporate identification number (CIN) and company number of Gland Chemicals Pvt Ltd?
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).
What is the official website of Gland Chemicals Pvt Ltd?
The Official website of Gland Chemicals Pvt Ltd is https://www.glandchemicals.in
What has been the recent revenue trend for Gland Chemicals Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Gland Chemicals Pvt Ltd has risen by 32.53%.
How many employees does Gland Chemicals Pvt Ltd currently have?
As Per 2022 financial reports, 360 employees are currently employed by Gland Chemicals Pvt Ltd.
What change has been observed in the net worth of Gland Chemicals Pvt Ltd, and by what percentage?
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%.
What are the total open charges for Gland Chemicals Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Gland Chemicals Pvt Ltd amount to ₹ 16.30 Cr.
When was the last Balance Sheet of Gland Chemicals Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Gland Chemicals Pvt Ltd was filed with the ROC on 31 Mar 2024.
People also Viewed
SC
Satyanarayana ChavaliDirectorVP
Venkata PenmetsaDirectorCM
Chivukula MurtyDirector and DirectorCG
Chivukula GopalakrishnaDirector and DirectorSP
Suryakantham PenmetsaDirector
Similar Companies Based on Drug Formulation & Development
Mylan Laboratories Limited Hyderabad, Telangana, India
Sun Pharma Laboratories Limited Mumbai, Maharashtra, India
Sun Pharmaceutical Industries Limited Vadodara, Gujarat, India
Lupin Limited Mumbai, Maharashtra, India
Alkem Laboratories Limited Mumbai, Maharashtra, India
Hetero Labs Limited Rangareddy, Telangana, India
Aurobindo Pharma Ltd Hyderabad, Telangana, India
Cipla Limited Mumbai, Maharashtra, India