About GL Networks and Systems Private Limited
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GL Networks and Systems Private Limited is a private limited company based in Jammu And Kashmir, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 20 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U64202JK2003PTC002263. Its GSTIN is 01AACCG1731H1ZA (Jammu and Kashmir).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tahira Jabeen Khan and Qaiser Un Nabi.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 3rd Flour 4/A Poliview Srinagar., Jammu and Kashmir, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.83 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹14,655 (net margin -3%) and EBITDA of ₹5,614 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website glnet.in.
Company details
Contact details
GL Networks and Systems Private Limited's registered office is in Jammu And Kashmir.
- Registered Address3rd Flour 4/A Poliview Srinagar., Jammu and Kashmir, India
- IndustryInformation Technology, Consultancy, Computer Programming
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of GL Networks and Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of GL Networks and Systems Private Limited, buy the company report.
Financials of GL Networks and Systems Private Limited
FY 2019 filings availableGL Networks and Systems Private Limited reported revenue of ₹4.83 Lakh (down 11% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 11% fall in the latest year. EBITDA rose 110% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹5,614 | ||||
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| Net Profit (PAT) | -₹14,655 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of GL Networks and Systems Private Limited, buy the company report.
Board of directors of GL Networks and Systems Private Limited
GL Networks and Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tahira Jabeen Khan | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
| Qaiser Un Nabi | Director | 20 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
GL Networks and Systems Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Associated Staffing Private Limited | ₹4.83 Lakh (FY 2025) | -29.0% | Bangalore, Karnataka, India | |||
| Lugbee Services Private Limited | ₹4.83 Lakh (FY 2025) | 38.0% | Bikaner, Rajasthan, India | |||
| Envision Webier Technologies India Private Limited | ₹4.83 Lakh (FY 2025) | -47.0% | Noida, Uttar Pradesh, India | |||
| Jangir Infrastructures Private Limited | ₹4.83 Lakh (FY 2025) | -76.0% | Pune, Maharashtra, India | |||
| GL Networks and Systems Private Limitedthis company | ₹4.83 Lakh (FY 2019) | -₹14,655 | -3% | -11.0% | Jammu And Kashmir, India | |
| Lainnovatorslab Private Limited | ₹4.83 Lakh (FY 2024) | -85.0% | Morbi, Gujarat, India | |||
| Uex Media and Technologies Private Limited | ₹4.83 Lakh (FY 2024) | -67.0% | Shikohabad, Uttar Pradesh, India | |||
| Manara Enterprises Private Limited | ₹4.83 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Brijdeep Professionals Private Limited | ₹4.83 Lakh (FY 2018) | Jaipur, Rajasthan, India | ||||
| Signifi Consulting Services Private Limited | ₹4.82 Lakh (FY 2023) | 20.0% | Gurugram, Haryana, India |
To see the full peer comparison of GL Networks and Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GL Networks and Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GL Networks and Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GL Networks and Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AACCG1731H1ZA | Jammu and Kashmir | Active | 17 Mar 2020 |
To see the full GST registrations and return filing status of GL Networks and Systems Private Limited, buy the company report.
Recent activity
GL Networks and Systems Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Bashir Muzaffar Jan Pandit ceased to be Director on 02 Mar 2020.
Frequently asked questions
GL Networks and Systems is an active private limited company based in Jammu And Kashmir, India. The company works in consultancy, within the information technology industry. It was incorporated on 20 January 2003 (23+ years old) and is registered under CIN U64202JK2003PTC002263.
GL Networks and Systems has 2 current directors:
- Tahira Jabeen Khan - Director
- Qaiser Un Nabi - Director
The latest financial statements of GL Networks and Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of GL Networks and Systems is 01AACCG1731H1ZA, registered in Jammu and Kashmir.
The CIN (Corporate Identification Number) of GL Networks and Systems is U64202JK2003PTC002263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GL Networks and Systems was incorporated on 20 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jammu.
The peers of GL Networks and Systems by revenue are Associated Staffing Private Limited, Lugbee Services Private Limited, Envision Webier Technologies India Private Limited, Jangir Infrastructures Private Limited, Lainnovatorslab Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Bashir Muzaffar Jan Pandit ceased to be Director on 02 Mar 2020. Mehbooba Begum ceased to be Director on 02 Mar 2020. Tahira Jabeen Khan was appointed as Director on 02 Mar 2020. GL Networks and Systems has 4 board changes on record in total.
GL Networks and Systems can be reached through the website glnet.in. Its registered office is in Jammu And Kashmir, India.
The registered office of GL Networks and Systems is at 3rd Flour 4A Poliview Srinagar., Jammu and Kashmir, India.
GL Networks and Systems operates in the information technology industry, in the consultancy segment.