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 14 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 6 cases involving the company, including 5 filed against it; 4 cases are pending.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIa Janki Shah Roadhastings, Kolkata, West Bengal, India – 700022
- IndustryFinancial Services, Third Party Admins
- 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
- One PDF report, delivered after checkout
Business Activity of Gladstone Agencies Ltd
The main business activity of Gladstone Agencies is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gladstone Agencies Ltd FY 2025 filings available
Gladstone Agencies Ltd reported revenue of ₹10.56 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gladstone Agencies Ltd
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 of Gladstone Agencies Ltd
| 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 of Gladstone Agencies Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Gladstone Agencies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gladstone Agencies Ltd
Gladstone Agencies Ltd is compared with the companies closest to it by revenue in the BFSI industry (Third Party Administrators). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medsave Health Insurance Tpa Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Medvantage Insurance Tpa Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Park Mediclaim Insurance Tpa Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Wilson Surveyors and Adjusters Private Limited | •••• | •••• | •••• | •••• | - | Tamil Nadu, India |
| Ericson Insurance Tpa Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Gladstone Agencies Ltd this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Apollo Health Resources Limited. | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Anmol Medicare Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Easy Medi-Claim Reviews Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| SNS Adr Centre Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Alex Stewart Insurance Surveyors and Loss Assessors Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Gladstone Agencies by revenue in the BFSI industry (Third Party Administrators), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Gladstone Agencies Ltd
Gladstone Agencies Ltd is audited by VIJAY KUMAR AGARWAL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAY KUMAR AGARWAL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 4 Months | Current |
| Pallavi Bhartiya | Director | 14 Apr 2022 | 4 Years 5 Months | Current |
| Jyoti Jatia Also directs: Accurate Investment Co Ltd. | Director | 01 Jun 2015 | 11 Years 4 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 | 33 Years 11 Months | Current |
Ownership and Shareholding of Gladstone Agencies Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gladstone Agencies Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Apr 2024 | Axis Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Gladstone Agencies Ltd
Gladstone Agencies Ltd has 6 court cases on record: 5 filed against it, 1 where it is another party. 4 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMAS) | Filed against the company by Tristar Intercontinental Private Limited | Pending |
| Supreme Court | Court case | Filed against the company by Tristar Intercontinental Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Tristar Intercontinental Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Sri Balaji Chemicals | Pending |
| High Court of Kerala | Appeal | Company is another party | Pending |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Gladstone Agencies Ltd
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 |
Employees and EPFO Compliance at Gladstone Agencies Ltd
Gladstone Agencies Ltd has a workforce of 14 employees as of Mar 22, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gladstone Agencies Ltd
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.
Credit Ratings, Litigation & Regulatory Alerts for Gladstone Agencies Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gladstone Agencies Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gladstone Agencies Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gladstone Agencies Ltd
Gladstone Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCG0386P1Z4 | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gladstone Agencies Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gladstone Agencies Ltd
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 reported revenue of ₹10.56 Cr for FY 2024 (up 26% YoY).
Gladstone Agencies has 4 current directors:
- Nilesh Jatia - Managing Director
- Pallavi Bhartiya - Director
- Jyoti Jatia - Director
- Ashok Jatia - Director
Gladstone Agencies reported a net profit of ₹1.58 Cr (net margin 15%) and EBITDA of ₹2.68 Cr (EBITDA margin 25.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gladstone Agencies is 16% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
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 6 court cases on record: 5 filed against it. 4 are pending. Most are in the high courts.
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 Medsave Health Insurance Tpa Limited, Medvantage Insurance Tpa Private Limited, Park Mediclaim Insurance Tpa Private Limited, Wilson Surveyors and Adjusters Private Limited, Ericson Insurance Tpa Private Limited and 5 more, all in the BFSI industry (Third Party Administrators).
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.