- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0044657

About Gladstone Agencies Ltd
Data last updated:
Gladstone Agencies Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the third party admins segment of the financial services sector. It was incorporated on 17 May 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65922WB1965PLC026474. Its GSTIN is 19AABCG0386P1Z4 (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹7.5 Lakh. It was formerly known as Onkar Investments and Properties Limited. It is led by directors including Nilesh Jatia (Managing Director) and Pallavi Bhartiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ia Janki Shah Roadhastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.56 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Cr (net margin 15%) and EBITDA of ₹2.68 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gladstone Agencies. As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 4 cases are pending.
Gladstone Agencies Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0044657). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gladstoneagencies.com.
Company details
Recognitions & Rankings of Gladstone Agencies
Contact details
Gladstone Agencies Ltd's registered office is in Kolkata, West Bengal. Its website is gladstoneagencies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIa Janki Shah Roadhastings, Kolkata, West Bengal, India – 700022
- IndustryFinancial Services, Third Party Admins
To see the full contact details of Gladstone Agencies Ltd, 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
Gladstone Agencies operates one associated brand: Gladstone Agencies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine cargo surveying, loss assessment, and maritime inspection services in South Asia. | gladstoneagencies.com |
Business activity
The main business activity of Gladstone Agencies 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 Gladstone Agencies Ltd, buy the company report.
Financials of Gladstone Agencies Ltd
FY 2025 filings availableGladstone Agencies Ltd reported revenue of ₹10.56 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 26% growth in the latest year. EBITDA rose 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.58 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.4% | ||||
| Net Profit Margin | 15% | ||||
| 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 Gladstone Agencies Ltd, buy the company report.
Board of directors of Gladstone Agencies Ltd
Gladstone Agencies has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Jatia Also directs: Placent Commercial Private Limited, Accurate Investment Co Ltd., Samvit Securities Private Limited and 3 more | Managing Director | 01 Jun 2005 | 21 Years 5 Months | Current |
| Pallavi Bhartiya | Director | 14 Apr 2022 | 4 Years 6 Months | Current |
| Jyoti Jatia Also directs: Accurate Investment Co Ltd. | Director | 01 Jun 2015 | 11 Years 5 Months | Current |
| Ashok Jatia Also directs: Placent Commercial Private Limited, Accurate Investment Co Ltd., Samvit Securities Private Limited and 2 more | Director | 01 Nov 1992 | 34 Years 0 Months | Current |
Peer comparison
Gladstone Agencies Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Third Party Administrators), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wilson Surveyors and Adjusters Private Limited | ₹13.66 Cr (FY 2025) | -2.0% | Tamil Nadu, India | |||
| Gladstone Agencies Ltdthis company | ₹10.56 Cr (FY 2024) | ₹1.58 Cr | 15% | 26.0% | 13 | Kolkata, West Bengal, India |
| Apollo Health Resources Limited. | ₹7.65 Cr (FY 2025) | 273.0% | Hyderabad, Telangana, India | |||
| Alex Stewart Insurance Surveyors and Loss Assessors Private Limited | ₹2.46 Cr (FY 2024) | -7.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gladstone Agencies Ltd, buy the company report.
Auditor
Gladstone Agencies Ltd is audited by VIJAY KUMAR AGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY KUMAR AGARWAL & CO. | FY 2023 | 320185E |
Shareholding
The shareholding of Gladstone Agencies Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gladstone Agencies Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2024 | 100900338 | Axis Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Gladstone Agencies Ltd has 9 court cases on record: 3 filed by Gladstone Agencies, 6 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 4 | 1 | 1 |
| High courts | 3 | 3 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Tristar Intercontinental Pvt. Ltd | Pending |
| High Court, MAHARASHTRA | Court case (COMAS) | Filed against the company by Tristar Intercontinental Pvt. Ltd. | Pending |
| High Court | Appeal | Filed against the company by Merchem Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Tristar Intercontinental Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Sri Balaji Chemicals | Pending |
To see the full case history of Gladstone Agencies Ltd, 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
No delayed payments to MSME suppliers are on our record for Gladstone Agencies Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gladstone Agencies Ltd has a workforce of 13 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 13 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Gladstone Agencies Ltd, buy the company report.
GST
Gladstone Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCG0386P1Z4 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gladstone Agencies Ltd, buy the company report.
Recent activity
Gladstone Agencies Ltd has 8 board changes on record since 1992: 4 appointments and 4 cessations. The latest: Pallavi Bhartiya ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Gladstone Agencies is an active public limited company based in Kolkata, West Bengal, India. The company works in third party admins, within the financial services industry. It was incorporated on 17 May 1965 (61+ years old) and is registered under CIN U65922WB1965PLC026474.
Gladstone Agencies has 4 current directors:
- Nilesh Jatia - Managing Director
- Pallavi Bhartiya - Director
- Jyoti Jatia - Director
- Ashok Jatia - Director
The latest financial statements of Gladstone Agencies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gladstone Agencies is 19AABCG0386P1Z4, registered in West Bengal.
The CIN (Corporate Identification Number) of Gladstone Agencies is U65922WB1965PLC026474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gladstone Agencies has 9 court cases on record: 3 filed by the company and 6 filed against it. 4 are pending. Most are in the supreme court.
Gladstone Agencies was incorporated on 17 May 1965, making it 61+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Gladstone Agencies by revenue are Wilson Surveyors and Adjusters Private Limited, Apollo Health Resources Limited, Alex Stewart Insurance Surveyors and Loss Assessors Private Limited, all in the BFSI industry (Third Party Administrators), with the same principal business activity (other financial activities).
Pallavi Bhartiya ceased to be Additional Director on 30 Sep 2022. Pallavi Bhartiya was appointed as Director on 14 Apr 2022. Nirmal Himatsingka Kumar ceased to be Director on 04 Sep 2017. Gladstone Agencies has 8 board changes on record in total.
Yes, Gladstone Agencies is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0044657).
Gladstone Agencies can be reached through the website gladstoneagencies.com. Its registered office is in Kolkata, West Bengal, India.

