About GBL Industries Limited
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GBL Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24117GJ1985PLC007985. It is recorded as listed by MCA, but its shares were delisted from BSE on 10 Jan 2024 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Gujarat Bitumen Limited. It is led by directors including Karan Parikh Dharmendrabhai (Managing Director) and Rushabh Nitin Gandhi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Pinnacle Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹25.24 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹28.15 Lakh (net margin 1.1%) and EBITDA of ₹14.1 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 434% over three years and 203% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Gujarat Bitumen. The company has 74 deals on record (74 market trades); the latest was in October 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujaratbitumen.com.
Company details
CIN history
GBL Industries has one previous CIN (Corporate Identification Number): U24117GJ1985PLC007985. The current CIN is L24117GJ1985PLC007985, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24117GJ1985PLC007985 | Current |
| U24117GJ1985PLC007985 | Previous |
Contact details
GBL Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is gujaratbitumen.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address801 8th Floor Safal Prelude B/H. Pinnacle Business Park Corporate Road Prahladna, Gar, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of GBL Industries 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
Brands
GBL Industries operates one associated brand: Gujarat Bitumen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| All grades of asphalt materials are manufactured and supplied. | gujaratbitumen.com |
Financials of GBL Industries Limited
FY 2020 filings availableGBL Industries Limited reported revenue of ₹25.24 Cr (up 48% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 203% over five years, including 48% growth in the latest year. EBITDA fell 31% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹25.24 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.15 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of GBL Industries Limited, buy the company report.
Board of directors and KMP of GBL Industries Limited
GBL Industries Limited currently reports 4 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaiwalya Soni | Cfo | 10 May 2019 | 7 Years 5 Months | Current |
| Karan Parikh Dharmendrabhai | Managing Director | 30 Apr 2019 | 7 Years 6 Months | Current |
| Rushabh Nitin Gandhi | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Parulben Kailaspuri Goswami | Director | 10 May 2019 | 7 Years 5 Months | Current |
| Nisha Soni | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Auditor
GBL Industries Limited is audited by LOONIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOONIA & ASSOCIATES | FY 2018 | 130883W |
Shareholding
The shareholding of GBL Industries Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GBL Industries Limited, buy the company report.
Deals & funding
GBL Industries Limited has 74 deals on record (74 market trades); the latest was in October 2019.
Deals on record (5 of 74)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Market trade | ₹4.69 Cr | Buyer: Glorious Vincom Private Limited , 2 individuals Seller: Glorious Vincom Private Limited , 2 individuals |
| Jan 2019 | Market trade | ₹4.77 Cr | Buyer: Glorious Vincom Private Limited , 2 individuals Seller: Glorious Vincom Private Limited , Highgrowth Vincom Private Limited , 2 individuals |
| Jan 2019 | Market trade | ₹4.77 Cr | Buyer: Glorious Vincom Private Limited , Highgrowth Vincom Private Limited , an individual Seller: Glorious Vincom Private Limited , Highgrowth Vincom Private Limited , an individual |
| Jan 2019 | Market trade | ₹2.66 Cr | Buyer: Glorious Vincom Private Limited , an individual Seller: Glorious Vincom Private Limited , an individual |
| Jan 2019 | Market trade | ₹1.57 Cr | Buyer: Highgrowth Vincom Private Limited , an individual Seller: Highgrowth Vincom Private Limited , an individual |
To see the full deal history of GBL Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving GBL Industries 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 GBL Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
GBL Industries has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rahul Papers India Private Limited | U21093GJ2007PTC050179 |
To see the full group structure of GBL Industries Limited, buy the company report.
GST
No GST registration is on our record for GBL Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GBL Industries Limited has 37 board changes on record since 1985: 21 appointments and 16 cessations. The latest: Vijay Pravinchandra Mehta ceased to be Director on 15 Oct 2019.
28 earlier events are in the company report.
Frequently asked questions
GBL Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 July 1985 (41+ years old) and is registered under CIN L24117GJ1985PLC007985.
GBL Industries has 5 current directors and KMP:
- Karan Parikh Dharmendrabhai - Managing Director
- Rushabh Nitin Gandhi - Director
- Parulben Kailaspuri Goswami - Director
- Nisha Soni - Director
- Kaiwalya Soni - Cfo
The latest financial statements of GBL Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of GBL Industries is L24117GJ1985PLC007985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GBL Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 10 Jan 2024 · compulsory delisting, and no longer trade on a stock exchange.
GBL Industries was incorporated on 26 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
GBL Industries has 74 deals on record (74 market trades); the latest was in October 2019.
Vijay Pravinchandra Mehta ceased to be Director on 15 Oct 2019. Dhiral Ravinderbhai Dave ceased to be Director on 10 May 2019. Kaiwalya Soni was appointed as CFO on 10 May 2019. GBL Industries has 37 board changes on record in total.
GBL Industries can be reached through the website gujaratbitumen.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of GBL Industries is at 801 8th Floor Safal Prelude BH. Pinnacle Business Park Corporate Road Prahladna, Gar, Ahmedabad, Gujarat, India – 380015.
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