- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0030269

Sethi Glasses Private Limited
About Sethi Glasses Private Limited
Data last updated:
Sethi Glasses Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 18 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51433MH1995PTC088516. Its GSTIN is 27AACCS4271Q1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sachindra Rajendrakumar Sethi and Sanjay Rajendrakumar Sethi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No.517/38 – A Central Avenue Road Juni Mangalwari, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.25 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹3,000 (net margin 0%) and EBITDA of ₹45.41 Lakh (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
Sethi Glasses Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0030269). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sethi Glasses
Contact details
Sethi Glasses Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No.517/38 – A Central Avenue Road Juni Mangalwari, Nagpur, Maharashtra, India – 440008
- IndustryManufacturing, Glass & Products
To see the full contact details of Sethi Glasses Private Limited, buy the company report.
- 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 Sethi Glasses is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sethi Glasses Private Limited, buy the company report.
Financials of Sethi Glasses Private Limited
FY 2024 filings availableSethi Glasses Private Limited reported revenue of ₹5.25 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 16% fall in the latest year. EBITDA fell 6% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3,000 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sethi Glasses Private Limited, buy the company report.
Board of directors of Sethi Glasses Private Limited
Sethi Glasses has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachindra Rajendrakumar Sethi | Director | 18 May 1995 | 31 Years 5 Months | Current |
| Sanjay Rajendrakumar Sethi Also directs: Orange City Garments LLP, Trinetra Holdings Private Limited | Director | 02 Oct 1996 | 30 Years 0 Months | Current |
Auditor
Sethi Glasses Private Limited is audited by P.P. BAGADIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.P. BAGADIA & CO. | FY 2023 | 100850W |
Shareholding
The shareholding of Sethi Glasses Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sethi Glasses Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sethi Glasses 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 Sethi Glasses Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sethi Glasses Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sethi Glasses has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS4271Q1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sethi Glasses Private Limited, buy the company report.
Recent activity
Sethi Glasses Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Rajendrakumar Kasturilal Sethi ceased to be Director on 16 Apr 2019.
Frequently asked questions
Sethi Glasses is an active private limited company based in Nagpur, Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 18 May 1995 (31+ years old) and is registered under CIN U51433MH1995PTC088516.
Sethi Glasses has 2 current directors:
- Sachindra Rajendrakumar Sethi - Director
- Sanjay Rajendrakumar Sethi - Director
The latest financial statements of Sethi Glasses on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sethi Glasses is 27AACCS4271Q1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sethi Glasses is U51433MH1995PTC088516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethi Glasses was incorporated on 18 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajendrakumar Kasturilal Sethi ceased to be Director on 16 Apr 2019. Sanjay Rajendrakumar Sethi was appointed as Director on 02 Oct 1996. Sachindra Rajendrakumar Sethi was appointed as Director on 18 May 1995.
Yes, Sethi Glasses is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0030269).
The registered office of Sethi Glasses is at House No.51738 – A Central Avenue Road Juni Mangalwari, Nagpur, Maharashtra, India – 440008.
Sethi Glasses operates in the manufacturing industry, in the glass and products segment.