Excel Glasses Ltd

Excel Glasses Ltd - packaging in Alappuzha, Kerala, India. FY 2026 financials & compliance.
CIN L26109KL1970PLC002289 Incorporated 01 July 1970 ROC Ernakulam HQ Alappuzha, Kerala, India
Under Liquidation Listed Public Limited Company packaging
Data last updated
Revenue · FY 2018
₹1.17 Cr
▲ 10597% YoY
Net loss · FY 2018
₹31.4 Cr
Latest filing
EBITDA · FY 2018
₹83.75 Lakh
EBITDA margin 71.7%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹7.13 Cr
Issued & subscribed
Open charges
₹14.5 Cr
Satisfied ₹56.24 Cr
Company age
56 yrs
Est. 1970
Directors on board
7
As per MCA filings

About Excel Glasses Ltd

Data last updated:

Excel Glasses Ltd is a public limited company based in Alappuzha, Kerala, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 01 July 1970.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L26109KL1970PLC002289. Its GSTIN is 32AAACE7522L1ZR (Kerala). The company holds 2 GST registrations, all of them active. It is a listed company.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹7.13 Cr. It is led by directors including Venugopal Bhaskara Karta (Whole-Time Director) and Beena Karukathakidiyil Abdul Jabar.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Udaya Nagarpathirapally P O, Alappuzha, Kerala, India – 688521.

As per the financials filed for FY 2018, the company reported a revenue of ₹1.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹31.4 Cr and EBITDA of ₹83.75 Lakh (EBITDA margin 71.7%). Revenue has grown at a compounded annual rate (CAGR) of 449% over three years.

The company is associated with 1 brand: Excel Glasses. As per MCA filings, the company has open charges of ₹14.5 Cr and satisfied charges of ₹56.24 Cr on record. Court records list 98 cases involving the company, including 45 filed by the company and 48 filed against it; 15 cases are pending. The company has 18 deals on record (18 market trades); the latest was in March 2011. Its 10 peer companies in the Packaging industry (Bottles and Caps) are compared by revenue, 5 larger and 5 smaller; the largest is Sunshine Polypet Private Limited with revenue of ₹1.21 Cr.

The last known website on record is excelglasses.com.

Company Details of Excel Glasses Ltd
CIN L26109KL1970PLC002289
Registration Number 002289
Incorporation Date 01 July 1970
ROC Ernakulam
Listing Status Listed
Company Status Under Liquidation
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Key People
Venugopal Bhaskara Karta Whole-Time Director Rajendra Prasad Tiwari Cfo Beena Karukathakidiyil Abdul Jabar Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    excelglasses.com
  • Social Media
    Locked
  • Registered Address
    Udaya Nagarpathirapally P O, Alappuzha, Kerala, India – 688521
  • Industry
    Packaging, Bottle & Cap Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Excel Glasses Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Excel Glasses Ltd FY 2018 filings available

Excel Glasses Ltd reported revenue of ₹1.17 Cr (up 10597% YoY) for FY 2018.

Revenue · FY 2018
₹1.17 Cr ▲ 10597%
Net loss · FY 2018
₹31.4 Cr
EBITDA · FY 2018
₹83.75 Lakh margin 71.7%

Compounded Annual Growth Rate (CAGR) of Excel Glasses Ltd

Revenue CAGR growth
3 years · compounded
▲ 449%
EBITDA CAGR growth
1 year
▲ 485%
3 years · compounded
▲ 36%

Revenue has grown at a compounded annual rate (CAGR) of 449% over three years. EBITDA rose 485% 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 of Excel Glasses Ltd

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹1.17 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹83.75 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹31.4 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 Excel Glasses Ltd

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin71.7%••••••••••••
Net Profit Margin••••••••••••••••
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 Excel Glasses are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Excel Glasses Ltd

Excel Glasses Ltd is compared with the companies closest to it by revenue in the Packaging industry (Bottles and Caps). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sunshine Polypet Private Limited₹1.21 Cr (FY 2024)••••••••18.0%••••New Delhi, Delhi, India
Metier Pet Private Limited₹1.21 Cr (FY 2024)••••••••11.0%••••Bangalore, Karnataka, India
Rapsco's Bio Pharma Private Limited₹1.21 Cr (FY 2019)••••••••151.0%••••Nashik, Maharashtra, India
Raksun Tin Printers Private Limited₹1.2 Cr (FY 2025)••••••••21.0%••••Nagpur, Maharashtra, India
Mul Munni Polypack Private Limited₹1.2 Cr (FY 2025)••••••••36.0%••••Howrah, West Bengal, India
Excel Glasses Ltd this company₹1.17 Cr (FY 2018)••••••••10597.0%••••Alappuzha, Kerala, India
Global Polypet Private Limited₹1.16 Cr (FY 2024)••••••••-29.0%••••Kolkata, West Bengal, India
Nikhileshwara Plast Private Limited₹1.12 Cr (FY 2022)••••••••-23.0%••••Nagpur, Maharashtra, India
Ravi Aeromatics Pvt Ltd₹1.12 Cr (FY 2020)••••••••4.0%••••Haryana, India
Fancy Bottle International Private Limited₹1.08 Cr (FY 2025)••••••••22.0%••••Delhi, India
Lozano Packaging Private Limited₹1.05 Cr (FY 2024)••••••••-77.0%••••Noida, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Excel Glasses by revenue in the Packaging industry (Bottles and Caps), 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 Excel Glasses Ltd

Excel Glasses Ltd is audited by BALAKRISHNAN & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
BALAKRISHNAN & COLockedLockedLocked
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Board of Directors and KMP of Excel Glasses Ltd

Excel Glasses Ltd currently reports 6 directors and 1 key managerial person. 12 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Beena Karukathakidiyil Abdul JabarDirector07 Jun 20188 Years 4 MonthsAs last reported
Krishnan Chettiyar Jayakumar
Also directs: Surajaya Infra Services LLP, Aluminium Industries Limited
Director14 May 201313 Years 4 MonthsAs last reported
Surendran Nair
Also directs: Sarvamangal Marcantile Company Limited, Kopran Laboratories Limited, Meenul Metallizing Private Limited
Director06 Mar 201313 Years 7 MonthsAs last reported
Tribhuvan Kashinath Pandey
Also directs: Navjeevan Synthetics Private Limited
Director30 Mar 201313 Years 6 MonthsAs last reported
Ramdas Kamat KeshavDirector04 Sep 201412 Years 1 MonthsAs last reported
Venugopal Bhaskara KartaWhole-Time Director25 Jun 20188 Years 3 MonthsAs last reported
Showing 6 of 7 current directors and KMP. View all directors and KMP

Ownership and Shareholding of Excel Glasses Ltd

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Charges & Borrowings of Excel Glasses Ltd

Open charges
₹14.5 Cr
Satisfied charges
₹56.24 Cr
Breakdown by lending institutions
Kerala State Industrial Development Corpn Ltd₹14.50 Cr
Latest charge details
DateLenderAmountStatus
09 Feb 2011Kerala State Industrial Development Corpn Ltd₹14.5 CrOpen
25 May 2006State Bank of Travancore₹1.5 CrSatisfied
05 May 2006Uco Bank₹2 CrSatisfied
28 May 2003Parijat Shipping and Finale Limited₹2.5 CrSatisfied
26 Jul 2002Parijat Shipping and Finale Limited₹4 CrSatisfied

Total charge records: 21 View all charges

Deals & Funding of Excel Glasses Ltd

Excel Glasses Ltd has 18 deals on record (18 market trades); the latest was in March 2011.

Total deals
18
Market trades
18

Deals on record (5 of 18)

WhenDealAmountParties
Jul 2010Market trade₹6.9 LakhBuyer: MC Jain Infoservices Private Limited
Jul 2010Market trade₹5 LakhBuyer: Fiduciary Euromax Global Markets Limited
Dec 2009Market trade₹16.4 LakhBuyer: 2 individuals
Seller: Shail Investments Private Limited , 2 individuals
Sep 2009Market trade₹5.1 LakhBuyer: Shail Investments Private Limited
Sep 2009Market trade₹6.9 LakhBuyer: R C Investment
Seller: Ayodhyapati Investment Private Limited
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Excel Glasses Ltd

Excel Glasses operates one associated brand: Excel Glasses. Each brand links to its own profile.

BrandDescriptionWebsite
Excel Glasses
Flint glass bottles and jars are manufactured by Excel Glasses.excelglasses.com

Employees and EPFO Compliance at Excel Glasses Ltd

Excel Glasses Ltd has a workforce of 0 employees as of Apr 09, 2024.

Active EPFO establishments
2
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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 Excel Glasses Ltd

Excel Glasses Ltd has 29 board changes on record since 1984: 18 appointments and 11 cessations. The latest: Rajendra Prasad Tiwari was appointed as CFO on 25 Jun 2018.

AGM
Excel Glasses Ltd last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Appointed
Rajendra Prasad Tiwari was appointed as CFO.
Appointed
Venugopal Bhaskara Karta was appointed as Whole-Time Director.
Appointed
Beena Karukathakidiyil Abdul Jabar was appointed as Director.
Filing
Excel Glasses Ltd has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ernakulam.
Ceased
Reshmi Mol Sudharma ceased to be Director.
Ceased
Reshma Prabhakar Kanade ceased to be Director.
Appointed
Reshmi Mol Sudharma was appointed as Director.
Appointed
Reshma Prabhakar Kanade was appointed as Director.
Ceased
Basant Kumar Soni ceased to be Additional Director.
Appointed
Ramdas Kamat Keshav was appointed as Director.
Ceased
Prashant Somani ceased to be Director.

72 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Excel Glasses Ltd

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MSME Payment Delays by Excel Glasses Ltd

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Subsidiaries & Group Companies of Excel Glasses Ltd

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Corporate group structure

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GST Compliance of Excel Glasses Ltd

Excel Glasses has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
32AAACE7522L1ZRKeralaActive01 Jul 2017
32AAACE7522L2ZQKeralaActive13 Aug 2020
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GST registrations and filing compliance

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MCA Filings & Documents of Excel Glasses Ltd

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Frequently Asked Questions about Excel Glasses Ltd

Excel Glasses is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Excel Glasses is a company under liquidation, formerly operating as a public limited company based in Alappuzha, Kerala, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 01 July 1970 and is registered under CIN L26109KL1970PLC002289. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Excel Glasses reported revenue of ₹1.17 Cr for FY 2018 (up 10597% YoY).

Excel Glasses has 7 current directors and KMP:

Excel Glasses reported a net loss of ₹31.4 Cr and EBITDA of ₹83.75 Lakh (EBITDA margin 71.7%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Excel Glasses is 449% over three years. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Excel Glasses is L26109KL1970PLC002289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Excel Glasses is a listed company.

Excel Glasses has open charges of ₹14.5 Cr and satisfied charges of ₹56.24 Cr as per latest MCA filings.

Excel Glasses has 98 court cases on record: 45 filed by the company and 48 filed against it. 15 are pending. Most are in the high courts.

Excel Glasses was incorporated on 01 July 1970. It is registered with the Registrar of Companies, Ernakulam.

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