Gloster Cables Limited

Manufacturer of electric cables and wires with a wide range of products and collaborations.

1995 | Hyderabad, Telangana (India) | Active
Last Updated: January 06, 2025

Gloster Cables Profile

Key Indicators

  • Authorised Capital ₹ 36.00 Cr
  • Paid Up Capital ₹ 34.34 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 199.95 Cr
  • Satisfied Charges ₹ 113.48 Cr
  • Revenue Growth 6.30%
  • Profit Growth 24.22%
  • Ebitda 12.95%
  • Net Worth 18.42%
  • Total Assets -1.40%

About Gloster Cables

Gloster Cables Limited (GCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 1995 and has a history of 29 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Crest Cables Private Limited. The Company is engaged in the Manufacturing 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 36.00 Cr and a paid-up capital of Rs 34.34 Cr.

The company currently has active open charges totaling ₹199.95 Cr. The company has closed loans amounting to ₹113.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gloster Cables Limited India are Manoj Gupta as CFO and Karthik Potharaju as Company Secretary. Sumit Khetan, Ashish Modi, Rajesh Chandak, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glostercable.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300TG1995PLC019694

  • Company No.

    019694

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1995

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Gloster Cables Limited offer?

Gloster Cables Limited offers a wide range of products and services, including House Wire, FRLS Wire, Electrical Cables & Wires, Power Cable, Control Cable, LT Control Cables, XLPE Cable, Industrial Wires, PVC Cables, Fire Fighting & Prevention Products.

Who are the key members and board of directors at Gloster Cables?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Modi Country flag representing In Managing Director01-Apr-1996Current
Manoj Gupta Country flag representing In CFO25-Jun-2021Current
Karthik Potharaju Company Secretary06-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vinay Rathi Country flag representing In Whole-Time Director 13-Nov-2012Current
Sumit Khetan Country flag representing In Additional Director 22-Nov-2024Current
Rajesh Chandak Country flag representing In Director 22-Nov-2022Current
Virendraa Bangur Country flag representing In Director 02-May-2019Current
Rama Rao Country flag representing In Director 01-Oct-2022Current

Financial Performance of Gloster Cables.

Gloster Cables Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 6.3% increase. The company also saw a substantial improvement in profitability, with a 24.22% increase in profit. The company's net worth Soared by an impressive increase of 18.42%.

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
6.30%
Revenue from Operations
6.31%
Total Assets
-1.40%
Profit or Loss
24.22%
Net Worth
18.42%
EBITDA
12.95%

What is the Ownership and Shareholding Structure of Gloster Cables?

In 2024, Gloster Cables had a promoter holding of 18.52% and a public holding of 81.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹199.95 Cr

Satisfied Charges

₹113.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 114.00 Cr
  • Hdfc Bank Limited : 60.00 Cr
  • Yes Bank Limited : 25.95 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2024Others₹10.00 CrOpen
23 Jan 2023Hdfc Bank Limited₹10.00 CrOpen
05 Jan 2023Others₹12.00 CrOpen
26 Nov 2021Others₹20.00 CrOpen
02 Nov 2021Hdfc Bank Limited₹50.00 CrOpen

How Many Employees Work at Gloster Cables?

Gloster Cables has a workforce of 185 employees as of Jan 06, 2025. 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 Gloster Cables, 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 Gloster Cables'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 Gloster Cables

Recent activity within the organization

  • Director Appointment

    Sumit Kumar Khetan was appointed as a Additional Director was appointed as a Additional Director on 22 Nov 2024 & has been associated with this company since 2 months 30 days .

    22 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100974571 was registered on 18 Sep 2024.

    18 Sep 2024

  • Annual General Meeting

    Gloster Cables Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Charges

    A charge registered on 01 May 2021 via Charge ID 100444964 with Others was fully satisfied on 04 Jul 2024.

    04 Jul 2024

  • Charges

    A charge with Others of Rs. 72.00 Cr registered on 25 Mar 2021 with Charge ID 100436615 was modified on 29 Jun 2024.

    29 Jun 2024

  • Balance Sheet

    Gloster Cables Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

Frequently asked questions

  • Gloster Cables Limited was incorporated on 13 Mar 1995.

  • The authorized share capital of Gloster Cables Limited is ₹ 36.00 Cr and paid-up capital is ₹ 34.34 Cr.

  • Currently 8 directors are associated with Gloster Cables Limited.

    • Sumit Kumar Khetan
    • Ashish Pramod Modi
    • Rajesh Kumar Chandak
    • Virendraa Bangur
    • Vinay Rathi
    • Rama Rao
    • Manoj Kumar Gupta
    • Karthik Venkata Potharaju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gloster Cables Limited is No. 183/184 (5-3-370 To 372A) 2Nd Floor Above Mody Motors, Rashtrapathi Road India, Secunderabad, Telangana, 500003.

  • The corporate identification number (CIN) of Gloster Cables Limited is U31300TG1995PLC019694 and the company number is 019694 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gloster Cables Limited is https://www.glostercable.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Gloster Cables Limited has risen by 6.30%.

  • As Per 2024 financial reports, 185 employees are currently employed by Gloster Cables Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Gloster Cables Limited has experienced an upsurge of 18.42%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Gloster Cables Limited amount to ₹ 199.95 Cr.

  • The most recent Balance Sheet for Gloster Cables Limited was filed with the ROC on 31 Mar 2024.

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