Startup India Government of India
3B Advanced Composites Private Limited - manufacturing in Colvale, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.93 Cr
▲ 378% YoY
Net loss · FY 2025
₹2.75 Cr
Net margin -93.9%
EBITDA · FY 2025
-₹2.74 Cr
EBITDA margin -93.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹975 Cr
Satisfied ₹164 Cr
Company age
4 yrs
Est. 2022
Employees · EPFO
56
Provident fund records
About 3B Advanced Composites Private Limited
Data last updated:
3B Advanced Composites Private Limited is a private limited company based in Colvale, Goa, India, recognised as a startup by DPIIT. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 11 July 2022.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U26999GA2022PTC015389. Its GSTIN is 30AACCZ0081D1ZX (Goa).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Vishal Sushilkumar Goenka and Govind Krishna Salian.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 218/220 NH – 17 Colvale Village, Goa, India – 403513.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.93 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.75 Cr (net margin -93.9%) and EBITDA of -₹2.74 Cr (EBITDA margin -93.6%).
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: 3B-the Fiberglass. As per MCA filings, the company has open charges of ₹975 Cr and satisfied charges of ₹164 Cr on record.
For more details, the company can be reached via its website 3b-fibreglass.com.
Company Details of 3B Advanced Composites Private Limited
CIN U26999GA2022PTC015389
Registration Number 015389
Incorporation Date 11 July 2022
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of 3B Advanced Composites
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address218/220 NH – 17 Colvale Village, Goa, India – 403513
- IndustryManufacturing, Glass & Products
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Associated Brands with 3B Advanced Composites Private Limited
3B Advanced Composites operates one associated brand: 3B-the Fiberglass. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fiberglass products are developed and supplied for polymer reinforcement applications. | 3b-fibreglass.com |
Business Activity of 3B Advanced Composites Private Limited
The main business activity of 3B Advanced Composites is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of 3B Advanced Composites Private Limited FY 2025 filings available
3B Advanced Composites Private Limited reported revenue of ₹2.93 Cr (up 378% YoY) for FY 2025.
Revenue · FY 2025
₹2.93 Cr ▲ 378%
Net loss · FY 2025
₹2.75 Cr margin -93.9%
EBITDA · FY 2025
-₹2.74 Cr margin -93.6%
Compounded Annual Growth Rate (CAGR) of 3B Advanced Composites Private Limited
Revenue CAGR growth
1 year
▲ 378%
Revenue rose 378% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of 3B Advanced Composites Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹2.74 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.75 Cr | •••• | •••• |
| 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 of 3B Advanced Composites Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -93.6% | •••• | •••• |
| Net Profit Margin | -93.9% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of 3B Advanced Composites are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of 3B Advanced Composites Private Limited
3B Advanced Composites has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Sushilkumar Goenka Also directs: Praana Global Solutions Limited Liability Partnership, Artek Industries LLP, Artek Exports LLP and 5 more | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
| Govind Krishna Salian Also directs: Artek Surfin Chemicals Limited, Artek Surfin Chemicals Limited, Praana Corporation Private Limited and 4 more | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
| Vishal Shah Also directs: Galata Chemicals India Private Limited, Artek Surfin Chemicals Limited, Quartz Fiber Private Limited and 5 more | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
| Vitthal Narvekar Also directs: Goa Glass Fibre Limited | Director | 03 Feb 2023 | 3 Years 8 Months | Current |
Peer Comparison of 3B Advanced Composites Private Limited
3B Advanced Composites Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Glass Works). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glassto India Private Limited | ₹3.31 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Kolkata, West Bengal, India |
| Samtel Glass Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | 487.0% | •••• | Rajasthan, India |
| Ocean Glass Works Private Limited | ₹3.24 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Lakshyagun Technologies Private Limited | ₹3.12 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Dadri, Uttar Pradesh, India |
| Eswaf Building Solution Private Limited | ₹2.94 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| 3B Advanced Composites Private Limited this company | ₹2.93 Cr (FY 2025) | •••• | •••• | 378.0% | •••• | Colvale, Goa, India |
| Labsolv Scientific Private Limited | ₹2.82 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Fancy Glass India Private Limited | ₹2.81 Cr (FY 2024) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Rainbow Glass India Private Limited | ₹2.77 Cr (FY 2025) | •••• | •••• | 1942.0% | •••• | Bangalore, Karnataka, India |
| Kgy Glass Industries Private Limited | ₹2.72 Cr (FY 2025) | •••• | •••• | -90.0% | •••• | Surat, Gujarat, India |
| Poly Glass Fibre Industries Private Limited | ₹2.7 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below 3B Advanced Composites by revenue in the Manufacturing industry (Glass Works), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of 3B Advanced Composites Private Limited
3B Advanced Composites Private Limited is audited by Udeshi Shukla & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Udeshi Shukla & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of 3B Advanced Composites Private Limited
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Shareholding and ownership data
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Charges & Borrowings of 3B Advanced Composites Private Limited
Open charges
₹975 Cr
Satisfied charges
₹164 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2025 | Axis Bank Limited | ₹75 Cr | Open |
| 07 Aug 2024 | Others | ₹900 Cr | Open |
| 01 Jan 2024 | Others | ₹144 Cr | Satisfied |
| 02 Nov 2023 | Hdfc Bank Limited | ₹20 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at 3B Advanced Composites Private Limited
Employment history and EPFO contributions of people linked to 3B Advanced Composites.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on 3B Advanced Composites Private Limited
3B Advanced Composites Private Limited has 6 board changes on record since 2022: 5 appointments and 1 cessation. The latest: Veera Venkata Satyanarayana Rao Palepu ceased to be Director on 03 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 75.00 Cr with Charge ID 101206100 was registered on 18 Dec 2025.
Charges
A charge with Others of Rs. 900.00 Cr registered on 07 Aug 2024 with Charge ID 100963512 was modified on 21 Nov 2025.
Ceased
Veera Venkata Satyanarayana Rao Palepu ceased to be Director.
AGM
3B Advanced Composites Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge registered on 01 Jan 2024 via Charge ID 100852590 with Others was fully satisfied on 24 Jun 2025.
Filing
3B Advanced Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with Others amounted to Rs. 900.00 Cr with Charge ID 100963512 was registered on 07 Aug 2024.
Charges
A charge registered on 02 Nov 2023 via Charge ID 100815841 with Hdfc Bank Limited was fully satisfied on 26 Apr 2024.
Charges
A charge with Others amounted to Rs. 144.00 Cr with Charge ID 100852590 was registered on 01 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100815841 was registered on 02 Nov 2023.
Appointed
Vitthal Narvekar was appointed as Director.
Appointed
Govind Krishna Salian was appointed as Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for 3B Advanced Composites Private Limited
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MSME Payment Delays by 3B Advanced Composites Private Limited
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Subsidiaries & Group Companies of 3B Advanced Composites Private Limited
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Corporate group structure
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GST Compliance of 3B Advanced Composites Private Limited
3B Advanced Composites has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AACCZ0081D1ZX | Goa | Active | 08 Aug 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of 3B Advanced Composites Private Limited
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Related news about 3B Advanced Composites Private Limited
Frequently Asked Questions about 3B Advanced Composites Private Limited
3B Advanced Composites is an active private limited company based in Colvale, Goa, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 11 July 2022 (4+ years old) and is registered under CIN U26999GA2022PTC015389.
3B Advanced Composites reported revenue of ₹2.93 Cr for FY 2025 (up 378% YoY).
3B Advanced Composites has 4 current directors:
- Vishal Sushilkumar Goenka - Director
- Govind Krishna Salian - Director
- Vishal Shah - Director
- Vitthal Narvekar - Director
3B Advanced Composites reported a net loss of ₹2.75 Cr (net margin -93.9%) and EBITDA of -₹2.74 Cr (EBITDA margin -93.6%) for FY 2025, as per its filed financial statements.
The GSTIN of 3B Advanced Composites is 30AACCZ0081D1ZX, registered in Goa.
The CIN (Corporate Identification Number) of 3B Advanced Composites is U26999GA2022PTC015389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
3B Advanced Composites was incorporated on 11 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Goa.
The peers of 3B Advanced Composites by revenue are Glassto India Private Limited, Samtel Glass Limited, Ocean Glass Works Private Limited, Lakshyagun Technologies Private Limited, Eswaf Building Solution Private Limited and 5 more, all in the Manufacturing industry (Glass Works).
Veera Venkata Satyanarayana Rao Palepu ceased to be Director on 03 Nov 2025. Vitthal Narvekar was appointed as Director on 03 Feb 2023. Govind Krishna Salian was appointed as Director on 11 Jul 2022. 3B Advanced Composites has 6 board changes on record in total.
Yes, 3B Advanced Composites is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
3B Advanced Composites can be reached through the website 3b-fibreglass.com. Its registered office is in Colvale, Goa, India.