Sethi Glasses Private Limited

Sethi Glasses Private Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U51433MH1995PTC088516 Incorporated 18 May 1995 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹5.25 Cr
▼ 16% YoY
Net loss · FY 2025
₹3,000
Net margin 0%
EBITDA · FY 2025
₹45.41 Lakh
EBITDA margin 8.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
31 yrs
Est. 1995
Employees · EPFO
23
Provident fund records
Directors on board
2
As per MCA filings

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

CIN U51433MH1995PTC088516
Registration Number 088516
Incorporation Date 18 May 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0030269

Recognitions & Rankings of Sethi Glasses

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-20-0030269

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 Address
    House No.517/38 – A Central Avenue Road Juni Mangalwari, Nagpur, Maharashtra, India – 440008
  • Industry
    Manufacturing, Glass & Products

To see the full contact details of Sethi Glasses Private Limited, buy the company report.

Comprehensive company report
Sethi Glasses Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other 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 available

Sethi Glasses Private Limited reported revenue of ₹5.25 Cr (down 16% YoY) for FY 2025.

Revenue · FY 2025
₹5.25 Cr ▼ 16%
Net loss · FY 2025
₹3,000 margin 0%
EBITDA · FY 2025
₹45.41 Lakh margin 8.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 9%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 7%
5 years · compounded
▼ 7%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.6%
Net Profit Margin0%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sachindra Rajendrakumar SethiDirector18 May 199531 Years 5 MonthsCurrent
Sanjay Rajendrakumar SethiDirector02 Oct 199630 Years 0 MonthsCurrent

Auditor

Sethi Glasses Private Limited is audited by P.P. BAGADIA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P.P. BAGADIA & CO.FY 2023100850W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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.

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.

Employee count
23
Active EPFO establishments
1
Employee growth
9.52%

GST

Sethi Glasses has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCS4271Q1ZSMaharashtraActive01 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.

AGM
Sethi Glasses Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sethi Glasses Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Rajendrakumar Kasturilal Sethi ceased to be Director.
Appointed
Sanjay Rajendrakumar Sethi was appointed as Director.
Appointed
Sachindra Rajendrakumar Sethi was appointed as Director.
Incorporation
18 May 1995
Sethi Glasses Private Limited was registered on 18 May 1995 with Roc Mumbai & aged 31 years 5 months as per MCA records.

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:

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.