MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0113660
Glare Appliances Pvt Ltd - home & lifestyle in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹20.51 Cr
▲ 24% YoY
Net profit · FY 2023
₹2.38 Cr
Net margin 11.6%
EBITDA · FY 2023
₹3.45 Cr
EBITDA margin 16.8%
Authorised capital
₹41 Lakh
Registered with MCA
Paid-up capital
₹41 Lakh
Issued & subscribed
Open charges
₹2.08 Cr
Satisfied ₹14.93 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
72
Provident fund records
About Glare Appliances Pvt Ltd
Data last updated:
Glare Appliances Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 09 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24300GJ1992PTC018546. Its GSTIN is 24AAACG7863Q1Z0 (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹41 Lakh and a paid-up capital of ₹41 Lakh. It is led by directors Nisha Jayantilal Patoria and Jayantibhai Patel Bhagvanjibhai.
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 213 A Ajanta Comm Complexgondalroad 2 Nds Floor, Rajkot, Gujarat, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.51 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 11.6%) and EBITDA of ₹3.45 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GLARE. As per MCA filings, the company has open charges of ₹2.08 Cr and satisfied charges of ₹14.93 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending.
Glare Appliances Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0113660). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glareindia.com.
Company details
CIN U24300GJ1992PTC018546
Registration Number 018546
Incorporation Date 09 November 1992
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0113660
Recognitions & Rankings of Glare Appliances
Contact details
Glare Appliances Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is glareindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address213 A Ajanta Comm Complexgondalroad 2 Nds Floor, Rajkot, Gujarat, India
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Glare Appliances Pvt Ltd, buy the company report.
Comprehensive company report
Glare Appliances Pvt Ltd - 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
Glare Appliances operates one associated brand: GLARE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kitchen knives, dinnerware, and kitchen gadgets manufacturing in India. | glareindia.com |
Business activity
The main business activity of Glare Appliances is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Glare Appliances Pvt Ltd, buy the company report.
Financials of Glare Appliances Pvt Ltd
FY 2025 filings availableGlare Appliances Pvt Ltd reported revenue of ₹20.51 Cr (up 24% YoY) for FY 2023.
Revenue · FY 2023
₹20.51 Cr ▲ 24%
Net profit · FY 2023
₹2.38 Cr margin 11.6%
EBITDA · FY 2023
₹3.45 Cr margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 17%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 24% growth in the latest year. EBITDA rose 57% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.38 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 | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Glare Appliances Pvt Ltd, buy the company report.
Board of directors of Glare Appliances Pvt Ltd
Glare Appliances has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Jayantilal Patoria Also directs: Glare Household Private Limited, Glare Electronics Private Limited | Director | 29 May 2013 | 13 Years 5 Months | Current |
| Jayantibhai Patel Bhagvanjibhai | Director | 01 Nov 2005 | 21 Years 0 Months | Current |
Auditor
Glare Appliances Pvt Ltd is audited by BHAVIN ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVIN ASSOCIATES | FY 2022 | 0101383W |
Shareholding
The shareholding of Glare Appliances Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glare Appliances Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹2.08 Cr
Satisfied charges
₹14.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2024 | 101031515 | Others | ₹2.08 Cr | Open | |
| 29 Oct 2013 | 10459521 | Corporation Bank | ₹5.91 Cr | Satisfied | |
| 29 Jun 2012 | 10366146 | ₹2.15 Cr | Satisfied | ||
| 29 Jun 2012 | 10366197 | ₹70.01 Lakh | Satisfied | ||
| 18 Jun 2012 | 10365188 | Corporation Bank | ₹2.15 Cr | Satisfied |
To see the full charge records of Glare Appliances Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Glare Appliances Pvt Ltd has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed against the company
7
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by Jain Enterprises | Pending |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Glare Appliances Pvt 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 Glare Appliances Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glare Appliances Pvt Ltd has a workforce of 72 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
72
Active EPFO establishments
1
Employee growth
-1.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 72 |
| 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 | |
| FY 2016-17 |
To see the full employee and EPFO history of Glare Appliances Pvt Ltd, buy the company report.
GST
Glare Appliances has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG7863Q1Z0 | Gujarat | Active | 01 Jul 2017 |
| 04AAACG7863Q1Z2 | Chandigarh | Active | 01 Jul 2017 |
| 08AAACG7863Q1ZU | Rajasthan | Active | 01 Jul 2017 |
| 09AAACG7863Q1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glare Appliances Pvt Ltd, buy the company report.
Recent activity
Glare Appliances Pvt Ltd has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Hiral Manishbhai Patoria ceased to be Director on 25 Jan 2016.
AGM
Glare Appliances Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glare Appliances Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 207.50 Lakh registered on 21 Dec 2024 with Charge ID 101031515 was modified on 06 Jan 2025.
Charges
A charge with Others amounted to Rs. 207.50 Lakh with Charge ID 101031515 was registered on 21 Dec 2024.
Charges
A charge registered on 29 Oct 2013 via Charge ID 10459521 with Corporation Bank was fully satisfied on 05 Aug 2021.
Charges
A charge registered on 29 Jun 2012 with was fully satisfied on 05 Aug 2021.
Charges
A charge registered on 29 Jun 2012 with was fully satisfied on 05 Aug 2021.
Charges
A charge registered on 18 Jun 2012 via Charge ID 10365188 with Corporation Bank was fully satisfied on 05 Aug 2021.
Ceased
Hiral Manishbhai Patoria ceased to be Director.
Ceased
Vishal Jayantibhai Patel ceased to be Director.
Charges
A charge with Corporation Bank amounted to Rs. 591.11 Lakh with Charge ID 10459521 was registered on 29 Oct 2013.
Ceased
Nisha Jayantilal Patoria ceased to be Additional Director.
22 earlier events are in the company report.
Frequently asked questions
Glare Appliances is an active private limited company based in Rajkot, Gujarat, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 09 November 1992 (34+ years old) and is registered under CIN U24300GJ1992PTC018546.
Glare Appliances has 2 current directors:
- Nisha Jayantilal Patoria - Director
- Jayantibhai Patel Bhagvanjibhai - Director
The latest financial statements of Glare Appliances 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 Glare Appliances is 24AAACG7863Q1Z0, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 04AAACG7863Q1Z2 (Chandigarh), 08AAACG7863Q1ZU (Rajasthan), 09AAACG7863Q1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of Glare Appliances is U24300GJ1992PTC018546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glare Appliances has 7 court cases on record: 7 filed against it. 3 are pending.
Glare Appliances was incorporated on 09 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hiral Manishbhai Patoria ceased to be Director on 25 Jan 2016. Vishal Jayantibhai Patel ceased to be Director on 25 Jan 2016. Nisha Jayantilal Patoria ceased to be Additional Director on 30 Sep 2013. Glare Appliances has 6 board changes on record in total.
Yes, Glare Appliances is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0113660).
Glare Appliances can be reached through the website glareindia.com. Its registered office is in Rajkot, Gujarat, India.
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