India's Richest People 2026 edition · 1 director · Source: Hurun India
- #147 Pavan Kumar Jain & family ₹24,700 Cr
Market Cap
₹594 Cr
GFLLIMITED · NSE
Revenue
₹3.97 Cr
FY 2025-26 · +8.8% YoY
EBITDA
₹2.04 Cr
Margin 51.4%
Net Profit
₹45.02 Cr
FY 2025-26 · +159.6% YoY
P/E (TTM)
9.4x
P/B 0.2x
ROE
1.8%
ROCE 2.1%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹10.99 Cr
Issued & subscribed
About GFL Limited
Data last updated:
GFL Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 04 February 1987 and has been in existence for over 39 years.
Its director Pavan Kumar Jain and family are #147 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65100MH1987PLC374824. Its GSTIN is 27AAACG6725H1ZM (Maharashtra). The company holds 8 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 500173 and NSE: GFLLIMITED.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.99 Cr. It was formerly known as Gujarat Fluorochemicals Limited. It is led by directors including Siddharth Jain and Pavan Jain.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 7th Floor Ceejay House Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3.97 Cr, a growth of 8.8% compared to the previous year. For the same year it recorded a net profit of ₹45.02 Cr and EBITDA of ₹2.04 Cr (EBITDA margin 51.4%). The net worth stands at ₹2,564.73 Cr (up 1.7% YoY). Total assets are valued at ₹2,564.72 Cr (up 1.7% YoY).
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: GFL Limited. As per MCA filings, the company has satisfied charges of ₹2,462.36 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending. The company has 19 deals on record (19 market trades); the latest was in September 2021. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 78 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gfllimited.co.in.
Company details
CIN L65100MH1987PLC374824
Registration Number 374824
Incorporation Date 04 February 1987
ROC Mumbai
Listing Status Listed - Listed on NSE (GFLLIMITED); Listed on BSE (500173)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
GFL has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65100MH1987PLC374824, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65100MH1987PLC374824 | Current |
| L24110GJ1987PLC009362 | Previous |
| L65100GJ1987PLC009362 | Previous |
| U24110GJ1987PTC009362 | Previous |
Recognitions & Rankings of GFL
Contact details
GFL Limited's registered office is in Mumbai, Maharashtra. Its website is gfllimited.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th Floor Ceejay House Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of GFL Limited, buy the company report.
Comprehensive company report
GFL 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
GFL operates one associated brand: GFL Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Holding company operations in entertainment and industrial manufacturing sectors in India. | gfllimited.co.in |
Business activity
The main business activity of GFL is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of GFL Limited, buy the company report.
Financials of GFL Limited
FY 2025-26 filings availableGFL Limited reported revenue of ₹3.97 Cr (up 8.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹3.97 Cr
+8.8% YoY
EBITDA
₹2.04 Cr
+104.2% YoY
Profit After Tax
₹45.02 Cr
+159.6% YoY
Net Worth
₹2,565 Cr
+1.7% YoY
Total Assets
₹2,565 Cr
+1.7% YoY
Total Debt
Nil
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3.97 | 3.65 | 3.52 | 2,454 | 699 | 117 | 1,908 |
| Revenue growth | +8.8% | +3.7% | -99.9% | +251.2% | +496.7% | -93.9% | - |
| EBITDA | 2.04 | (48.38) | (8.38) | 2,372 | 78.10 | (265) | 352 |
| EBITDA margin | +51.4% | -1325.5% | -238.1% | +96.7% | +11.2% | -226.6% | +18.4% |
| Profit before tax | 52.75 | (48.40) | (8.18) | 2,372 | (317) | (538) | (123) |
| Net profit | 45.02 | (75.58) | (7.57) | (17.10) | (110) | (37.71) | 146 |
| Net profit margin | +1134.0% | -2070.7% | -215.1% | -0.7% | -15.8% | -32.2% | +7.6% |
| EPS (₹) | 4.10 | (6.88) | (0.69) | 204.68 | (10.13) | (21.09) | (11.23) |
| Balance sheet | |||||||
| Total assets | 2,565 | 2,521 | 2,594 | 2,602 | 3,760 | 3,645 | 9,300 |
| Net worth | 2,565 | 2,521 | 2,594 | 2,602 | 353 | 373 | 2,179 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 2,948 | 2,856 | 2,837 |
| Cash & bank | 0.51 | 0.47 | 1.24 | 1.26 | 57.24 | 80.00 | 46.77 |
| Net working capital | 32.31 | 32.08 | 32.61 | 32.05 | (99.11) | (21.90) | (46.83) |
| Cash flow | |||||||
| Cash from operations | 0.41 | 0.50 | 0.36 | 402 | 88.95 | (156) | 1,214 |
| Cash from investing | (0.18) | (0.96) | (0.10) | (241) | (160) | 60.59 | (608) |
| Cash from financing | 0.00 | 0.00 | 0.00 | (184) | 85.41 | 56.01 | (629) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.03 | 0.89 | 0.95 | 0.92 | 0.92 | 0.84 | 0.82 | 0.85 |
| Revenue growth (YoY) | +12.0% | +6.0% | +15.9% | +8.2% | +13.6% | - | - | - |
| Other income | 8.43 | 29.70 | 14.68 | 16.59 | 0.10 | 0.08 | 4.97 | 0.09 |
| EBITDA | 0.29 | 0.17 | 0.54 | 0.53 | (9.53) | (21.36) | 0.43 | (2.76) |
| EBITDA margin | +28.2% | +19.1% | +56.8% | +57.6% | -1035.9% | -2542.9% | +52.4% | -324.7% |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 8.71 | 29.87 | 15.22 | 17.12 | (9.44) | (21.28) | 5.39 | (2.68) |
| Tax | 1.27 | 4.31 | 2.22 | 2.49 | (1.28) | (2.99) | 0.81 | 32.67 |
| Net profit | 7.44 | 25.56 | 13.00 | 14.63 | (8.16) | (18.29) | 4.58 | (35.35) |
| EPS (₹) | 0.68 | 2.33 | 1.18 | 1.33 | (0.74) | (1.67) | 0.42 | (3.22) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3.68 | 3.32 | 3.19 | 2,470 | 1.76 | 1.04 | 7.88 |
| Revenue growth | +10.8% | +4.1% | -99.9% | - | +69.2% | -86.8% | - |
| EBITDA | 2.05 | 2.05 | 1.87 | 2,468 | 0.41 | (31.27) | 5.04 |
| EBITDA margin | +55.7% | +61.8% | +58.6% | +99.9% | +23.3% | -3006.7% | +64.0% |
| Profit before tax | 2.05 | 2.05 | 2.09 | 2,468 | 1.47 | (31.21) | 18.72 |
| Net profit | 1.64 | (34.01) | 1.55 | 0.93 | 0.43 | (1.77) | 5.03 |
| Net profit margin | +44.6% | -1024.4% | +48.6% | +0.0% | +24.4% | -170.2% | +63.8% |
| EPS (₹) | 0.15 | (3.10) | 0.14 | 211.57 | 0.09 | (2.84) | 1.70 |
| Balance sheet | |||||||
| Total assets | 2,606 | 2,604 | 2,638 | 2,636 | 312 | 312 | 1,174 |
| Net worth | 2,606 | 2,604 | 2,638 | 2,636 | 312 | 311 | 1,174 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Cash & bank | 0.49 | 0.44 | 1.20 | 1.25 | 1.37 | 2.57 | 2.02 |
| Net working capital | 0.37 | 0.14 | 0.63 | 0.11 | (1.03) | 12.08 | 872 |
| Cash flow | |||||||
| Cash from operations | 0.75 | 0.75 | 0.59 | (0.58) | 12.83 | (45.20) | (1.42) |
| Cash from investing | (0.50) | (1.20) | (0.36) | 0.74 | (12.74) | 44.92 | 17.46 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | (1.04) | 0.95 | (46.84) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.03 | 0.89 | 0.95 | 0.92 | 0.92 | 0.84 | 0.82 | 0.85 |
| Revenue growth (YoY) | +12.0% | +6.0% | +15.9% | +8.2% | +13.6% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.67 | 0.58 | 0.35 | 0.33 | 0.37 | 0.38 | 0.33 | 0.28 |
| EBITDA | 0.36 | 0.31 | 0.60 | 0.59 | 0.55 | 0.46 | 0.49 | 0.57 |
| EBITDA margin | +35.0% | +34.8% | +63.2% | +64.1% | +59.8% | +54.8% | +59.8% | +67.1% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.36 | 0.31 | 0.60 | 0.59 | 0.55 | 0.46 | 0.49 | 0.57 |
| Tax | 0.06 | 0.06 | 0.12 | 0.13 | 0.11 | 0.11 | 0.10 | 35.72 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.03 | 0.89 | 0.95 | 0.92 | 0.92 | 0.84 | 0.82 | 0.85 |
| Revenue growth (YoY) | +12.0% | +6.0% | +15.9% | +8.2% | +13.6% | - | - | - |
| Other income | 8.43 | 29.70 | 14.68 | 16.59 | 0.10 | 0.08 | 4.97 | 0.09 |
| EBITDA | 0.29 | 0.17 | 0.54 | 0.53 | (9.53) | (21.36) | 0.43 | (2.76) |
| EBITDA margin | +28.2% | +19.1% | +56.8% | +57.6% | -1035.9% | -2542.9% | +52.4% | -324.7% |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 8.71 | 29.87 | 15.22 | 17.12 | (9.44) | (21.28) | 5.39 | (2.68) |
| Tax | 1.27 | 4.31 | 2.22 | 2.49 | (1.28) | (2.99) | 0.81 | 32.67 |
| Net profit | 7.44 | 25.56 | 13.00 | 14.63 | (8.16) | (18.29) | 4.58 | (35.35) |
| EPS (₹) | 0.68 | 2.33 | 1.18 | 1.33 | (0.74) | (1.67) | 0.42 | (3.22) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.97 | 3.65 | 3.52 | 2,454 | 699 | 117 | 1,908 |
| Revenue growth | +8.8% | +3.7% | -99.9% | +251.2% | +496.7% | -93.9% | - |
| Other income | 50.73 | 0.00 | 0.22 | 0.02 | 157 | 263 | 9.03 |
| Total expenses | 1.93 | 52.03 | 11.90 | 81.32 | 621 | 383 | 1,556 |
| Employee cost | 0.79 | 0.66 | 0.63 | 1.23 | 95.66 | 89.04 | 144 |
| EBITDA | 2.04 | (48.38) | (8.38) | 2,372 | 78.10 | (265) | 352 |
| EBITDA margin | +51.4% | -1325.5% | -238.1% | +96.7% | +11.2% | -226.6% | +18.4% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 294 | 283 | 264 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 258 | 253 | 219 |
| Profit before tax | 52.75 | (48.40) | (8.18) | 2,372 | (317) | (538) | (123) |
| Tax | 7.73 | 27.18 | (0.61) | 137 | (73.24) | (108) | 114 |
| Net profit | 45.02 | (75.58) | (7.57) | (17.10) | (110) | (37.71) | 146 |
| Net profit margin | +1134.0% | -2070.7% | -215.1% | -0.7% | -15.8% | -32.2% | +7.6% |
| EPS (₹) | 4.10 | (6.88) | (0.69) | 204.68 | (10.13) | (21.09) | (11.23) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.99 | 10.99 | 10.99 | 10.99 | 10.99 | 10.99 | 10.99 |
| Reserves & surplus | 2,554 | 2,510 | 2,583 | 2,591 | 342 | 362 | 2,168 |
| Shareholders' funds (net worth) | 2,565 | 2,521 | 2,594 | 2,602 | 353 | 373 | 2,179 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 391 | 336 | 1,013 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 43.82 | 47.52 | 107 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 2,904 | 2,808 | 2,730 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 2,948 | 2,856 | 2,837 |
| Total liabilities | 2,565 | 2,521 | 2,594 | 2,602 | 3,760 | 3,645 | 9,300 |
| Assets | |||||||
| Gross block | 2.66 | 2.66 | 2.66 | 2.66 | 4,218 | 3,930 | 3,713 |
| Net block | 2.45 | 2.47 | 2.49 | 2.51 | 3,087 | 3,083 | 3,146 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 26.29 | 56.95 | 85.35 |
| Investments | 2,701 | 2,650 | 2,696 | 2,705 | 167 | 22.13 | 28.15 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 14.33 | 10.34 | 13.65 |
| Sundry debtors | 0.29 | 0.22 | 0.21 | 0.24 | 29.30 | 17.78 | 62.75 |
| Cash & bank balances | 0.51 | 0.47 | 1.24 | 1.26 | 57.24 | 80.00 | 46.77 |
| Loans & advances | 32.15 | 32.13 | 32.11 | 32.14 | 75.04 | 108 | 117 |
| Total current assets | 32.95 | 32.82 | 33.56 | 33.64 | 176 | 216 | 240 |
| Total current liabilities | 0.64 | 0.74 | 0.95 | 1.59 | 275 | 238 | 287 |
| Net working capital | 32.31 | 32.08 | 32.61 | 32.05 | (99.11) | (21.90) | (46.83) |
| Total assets | 2,565 | 2,521 | 2,594 | 2,602 | 3,760 | 3,645 | 9,300 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.11 | 0.57 | 0.31 | 23.48 | 8.87 | 48.01 | 71.25 |
| Net cash from operating activities | 0.41 | 0.50 | 0.36 | 402 | 88.95 | (156) | 1,214 |
| Net cash from investing activities | (0.18) | (0.96) | (0.10) | (241) | (160) | 60.59 | (608) |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | (184) | 85.41 | 56.01 | (629) |
| Net change in cash | 0.23 | (0.46) | 0.26 | (23.17) | 14.61 | (39.14) | (23.24) |
| Closing cash | 0.51 | 0.47 | 1.24 | 1.26 | 57.24 | 80.00 | 46.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.8% | +3.7% | -99.9% | +251.2% | +496.7% | -93.9% | - |
| EBITDA growth | +104.2% | -477.3% | -100.4% | +2937.6% | +129.4% | -175.5% | - |
| PBT growth | +9998.0% | -491.7% | - | +9998.0% | +41.2% | -338.8% | - |
| Net income growth | +159.6% | -898.4% | +55.7% | +84.5% | -192.3% | -125.9% | - |
| Revenue CAGR (3Y) | -88.3% | -82.7% | -68.9% | +8.8% | -38.3% | -68.9% | -32.8% |
| EBITDA CAGR (3Y) | -90.5% | - | -68.4% | +89.0% | -44.4% | - | -28.2% |
| Profitability & leverage | |||||||
| Net income margin | +1134.0% | -2070.7% | -215.1% | +91.1% | -34.9% | -367.2% | -12.4% |
| Return on capital employed | +2.1% | -1.9% | -0.3% | -1.0% | -1.8% | -1.6% | +7.7% |
| Return on net worth | +1.8% | -3.0% | -0.3% | -2.1% | -67.1% | -18.5% | +0.8% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 1.00 | 8.00 | 2.23 | 0.50 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.96 | 7.63 | 2.09 | 0.37 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | -119.71 | -46.03 | 250.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 20.56 | 1.37 | 1.41 | 1.16 | 0.21 | 0.10 | 0.61 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 342.46 | 69.40 | 31.67 | 3.95 |
| Debtors turnover | 214.51 | 16.98 | 16.62 | 166.13 | 36.36 | 9.44 | 2.38 |
| EPS (₹) | 4.10 | (6.88) | (0.69) | 204.68 | (10.13) | (21.09) | (11.23) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 233.48 | 229.46 | 236.16 | 236.85 | 32.14 | 33.92 | 198.34 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.03 | 0.89 | 0.95 | 0.92 | 0.92 | 0.84 | 0.82 | 0.85 |
| Revenue growth (YoY) | +12.0% | +6.0% | +15.9% | +8.2% | +13.6% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.67 | 0.58 | 0.35 | 0.33 | 0.37 | 0.38 | 0.33 | 0.28 |
| EBITDA | 0.36 | 0.31 | 0.60 | 0.59 | 0.55 | 0.46 | 0.49 | 0.57 |
| EBITDA margin | +35.0% | +34.8% | +63.2% | +64.1% | +59.8% | +54.8% | +59.8% | +67.1% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.36 | 0.31 | 0.60 | 0.59 | 0.55 | 0.46 | 0.49 | 0.57 |
| Tax | 0.06 | 0.06 | 0.12 | 0.13 | 0.11 | 0.11 | 0.10 | 35.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.68 | 3.32 | 3.19 | 2,470 | 1.76 | 1.04 | 7.88 |
| Revenue growth | +10.8% | +4.1% | -99.9% | - | +69.2% | -86.8% | - |
| Other income | 0.00 | 0.00 | 0.22 | 0.00 | 1.12 | 0.06 | 13.68 |
| Total expenses | 1.63 | 1.27 | 1.32 | 2.24 | 1.35 | 32.31 | 2.84 |
| Employee cost | 0.79 | 0.66 | 0.63 | 1.23 | 0.79 | 2.37 | 1.89 |
| EBITDA | 2.05 | 2.05 | 1.87 | 2,468 | 0.41 | (31.27) | 5.04 |
| EBITDA margin | +55.7% | +61.8% | +58.6% | +99.9% | +23.3% | -3006.7% | +64.0% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 |
| Profit before tax | 2.05 | 2.05 | 2.09 | 2,468 | 1.47 | (31.21) | 18.72 |
| Tax | 0.41 | 36.06 | 0.54 | 144 | 0.50 | 0.00 | 0.05 |
| Net profit | 1.64 | (34.01) | 1.55 | 0.93 | 0.43 | (1.77) | 5.03 |
| Net profit margin | +44.6% | -1024.4% | +48.6% | +0.0% | +24.4% | -170.2% | +63.8% |
| EPS (₹) | 0.15 | (3.10) | 0.14 | 211.57 | 0.09 | (2.84) | 1.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.99 | 10.99 | 10.99 | 10.99 | 10.99 | 10.99 | 10.99 |
| Reserves & surplus | 2,595 | 2,593 | 2,627 | 2,625 | 301 | 300 | 1,163 |
| Shareholders' funds (net worth) | 2,606 | 2,604 | 2,638 | 2,636 | 312 | 311 | 1,174 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Total liabilities | 2,606 | 2,604 | 2,638 | 2,636 | 312 | 312 | 1,174 |
| Assets | |||||||
| Gross block | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 |
| Net block | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2,785 | 2,783 | 2,781 | 2,780 | 313 | 300 | 302 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.29 | 0.22 | 0.21 | 0.24 | 0.27 | 13.48 | 14.29 |
| Cash & bank balances | 0.49 | 0.44 | 1.20 | 1.25 | 1.37 | 2.57 | 2.02 |
| Loans & advances | 0.13 | 0.11 | 0.09 | 0.13 | 0.95 | 8.70 | 949 |
| Total current assets | 0.91 | 0.77 | 1.50 | 1.62 | 2.59 | 24.75 | 965 |
| Total current liabilities | 0.54 | 0.63 | 0.87 | 1.51 | 3.62 | 12.67 | 93.61 |
| Net working capital | 0.37 | 0.14 | 0.63 | 0.11 | (1.03) | 12.08 | 872 |
| Total assets | 2,606 | 2,604 | 2,638 | 2,636 | 312 | 312 | 1,174 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.08 | 0.53 | 0.30 | 0.14 | 1.08 | 0.42 | 31.23 |
| Net cash from operating activities | 0.75 | 0.75 | 0.59 | (0.58) | 12.83 | (45.20) | (1.42) |
| Net cash from investing activities | (0.50) | (1.20) | (0.36) | 0.74 | (12.74) | 44.92 | 17.46 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | (1.04) | 0.95 | (46.84) |
| Net change in cash | 0.25 | (0.45) | 0.23 | 0.16 | (0.94) | 0.66 | (30.81) |
| Closing cash | 0.49 | 0.44 | 1.20 | 1.25 | 1.37 | 2.57 | 2.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.8% | +4.1% | -99.9% | - | +69.2% | -86.8% | - |
| EBITDA growth | 0.0% | +9.6% | -99.9% | - | +101.3% | -720.4% | - |
| PBT growth | 0.0% | -1.9% | -99.9% | - | +9998.0% | - | -98.6% |
| Net income growth | +104.8% | -2294.2% | +66.7% | +116.3% | +124.3% | -135.2% | - |
| Revenue CAGR (3Y) | -88.6% | +23.6% | +45.3% | +579.3% | - | -92.0% | -82.3% |
| EBITDA CAGR (3Y) | -90.6% | +71.0% | - | +688.2% | - | - | -74.4% |
| Profitability & leverage | |||||||
| Net income margin | +44.6% | -1024.4% | +48.6% | +94.1% | +55.1% | -3001.0% | +236.9% |
| Return on capital employed | +0.1% | +0.1% | +0.1% | +0.1% | +0.3% | +3.6% | -0.3% |
| Return on net worth | +0.1% | -1.3% | +0.1% | +0.1% | +0.1% | -0.2% | +0.2% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 14.63 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 184.00 | 166.00 | 227.33 | 4,93,992.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 14.43 | 15.44 | 15.16 | 9,686.12 | 0.42 | 0.08 | 3.02 |
| EPS (₹) | 0.15 | (3.10) | 0.14 | 211.57 | 0.09 | (2.84) | 1.70 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 237.20 | 237.05 | 240.15 | 240.00 | 28.42 | 28.33 | 106.89 |
To see the full year-wise statements and ratios of GFL Limited, buy the company report.
Board of directors of GFL Limited
GFL has 6 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Jain | Director | 30 May 2021 | 5 Years 5 Months | Current |
| Pavan Jain | Director | 04 Feb 1987 | 39 Years 9 Months | Current |
| Shashi Kishore Jain Also directs: Inox Infrastructure Limited | Director | 30 May 2021 | 5 Years 5 Months | Current |
| Sudip Mullick Also directs: Pune IT City Metro Rail Limited, Uchit Expressways Private Limited, Tata Housing Development Company Limited and 2 more | Director | 25 Apr 2025 | 1 Years 6 Months | Current |
| Girija Balakrishnan Also directs: Inox India Limited, Inox Infrastructure Limited, Indef Manufacturing Limited and 4 more | Director | 05 Feb 2024 | 2 Years 9 Months | Current |
| Ishita Jain Also directs: Inox India Limited | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
Auditor
GFL Limited is audited by Kulkarni and Company for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kulkarni and Company | FY 2020 | 140959W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 68.70%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 31.10%.
Sep 2026
QUARTER
68.70% Promoters
0.20% FII (Foreign Institutional)
31.10% Retail & Others
Promoter holding - history
Now 68.70% · Sep 2026High 68.70% · Dec 2025Low 68.70% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 68.70% | 68.70% | 68.70% | 68.70% |
| Public | 31.30% | 31.30% | 31.30% | 31.30% |
Charges & borrowings
Open charges
None
Satisfied charges
₹2,462.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2017 | 100125188 | Others | ₹54 Cr | Satisfied | |
| 31 Jan 2013 | 10406949 | Axis Bank Limited | ₹283.5 Cr | Satisfied | |
| 26 Mar 2012 | 10343904 | Icici Bank Limited | ₹307.5 Cr | Satisfied | |
| 09 Mar 2012 | 10343720 | Icici Bank Limited | ₹307.5 Cr | Satisfied | |
| 22 Jun 2011 | 10295326 | Dbs Bank Ltd | ₹92 Cr | Satisfied |
To see the full charge records of GFL Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
GFL Limited has 19 deals on record (19 market trades); the latest was in September 2021.
Total deals
19
Market trades
19
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Market trade | ₹190.31 Cr | Buyer: 3 individuals Seller: Devansh Trademart LLP , Siddhapavan Trading Llp |
| Apr 2018 | Market trade | ₹20.8 Cr | Buyer: Hotz Industries Limited Seller: an individual |
| Mar 2018 | Market trade | ₹20.11 Cr | Buyer: MDP Business Consultants Private Ltd. Seller: Hotz Industries Limited |
| Mar 2018 | Market trade | ₹20.59 Cr | Buyer: an individual Seller: Hotz Industries Limited |
| Dec 2016 | Market trade | ₹13.44 Cr | Buyer: Dhoot Industrial Finance Limited Seller: an individual |
To see the full deal history of GFL 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
GFL Limited has 6 court cases on record: 1 filed by GFL, 5 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pratapgarh, Rajasthan | Civil suit | Filed against the company | Pending |
| District court, North, Delhi | Court case (Succ. Court) | Filed against the company | Pending |
| District court, South, Delhi | Interim or miscellaneous application | Filed against the company | Disposed |
| District court, Chhota Udepur, Gujarat | Commercial matter | Filed against the company | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Deputy Commissioner of Income Tax Circle 1(1)(1) Vadodara | Disposed |
To see the full case history of GFL Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
GFL Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 78 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mufg Intime India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of GFL Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
GFL has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Inox Infrastructure Limited | U45200MH2007PLC374004 |
To see the full group structure of GFL Limited, buy the company report.
Employees & EPFO
GFL Limited has a workforce of 4 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
100%
GST
GFL has 8 GST registrations: 1 active and 7 cancelled or inactive.
Total GSTINs
8
Active
1
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG6725H1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GFL Limited, buy the company report.
Recent activity
GFL Limited has 44 board changes on record since 1987: 26 appointments and 18 cessations. The latest: Ishita Jain was appointed as Director on 12 Feb 2026.
Filing
Gfl Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Ishita Jain was appointed as Director.
AGM
Gfl Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Vanita Bhargava ceased to be Director.
Appointed
Sudip Mullick was appointed as Director.
Ceased
Shanti Prashad Jain ceased to be Director.
Appointed
Girija Balakrishnan was appointed as Director.
Appointed
Dhiren Vithaldas Asher was appointed as CFO.
Ceased
Mukesh Patni ceased to be CFO.
Appointed
Shashi Kishore Jain was appointed as Director.
Appointed
Siddharth Jain was appointed as Director.
Ceased
Vivek Kumar Jain ceased to be Director.
90 earlier events are in the company report.
News
Frequently asked questions
GFL is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 04 February 1987 (39+ years old) and is registered under CIN L65100MH1987PLC374824. Listed on BSE: 500173 and NSE: GFLLIMITED.
GFL reported revenue of ₹3.97 Cr for FY 2025-26 (up 8.8% YoY) based on consolidated financials.
GFL has 6 current directors:
- Siddharth Jain - Director
- Pavan Jain - Director
- Shashi Kishore Jain - Director
- Sudip Mullick - Director
- Girija Balakrishnan - Director
- Ishita Jain - Director
The latest financial statements of GFL on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GFL is 27AAACG6725H1ZM, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of GFL is L65100MH1987PLC374824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. GFL is a listed company as per MCA records. Its shares are listed on both BSE (code: 500173) and NSE (symbol: GFLLIMITED).
GFL has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
GFL was incorporated on 04 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
GFL has 19 deals on record (19 market trades); the latest was in September 2021.
Ishita Jain was appointed as Director on 12 Feb 2026. Vanita Bhargava ceased to be Director on 27 Apr 2025. Sudip Mullick was appointed as Director on 25 Apr 2025. GFL has 44 board changes on record in total.
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