
About Glazewell System Private Limited
Data last updated:
Glazewell System Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 01 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PTC258496. Its GSTIN is 27AAFCG7603M1ZB (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Vishwanath Vitthal Bhandare and Vishal Vitthal Bhandare.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.38 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹8.5 Lakh (net margin 6.1%) and EBITDA of ₹8.55 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 148% over three years and 49% over five years.
The company is associated with 1 brand: Glazewell System. As per MCA filings, the company has open charges of ₹60 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website glazewellsystem.com.
Company details
Contact details
Glazewell System Private Limited's registered office is in Mumbai, Maharashtra. Its website is glazewellsystem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRm 785 Mahatma Phule Nagar Chakala Rd M.C.Chagala Mrg Bamanwada Nr Cpwd Office Dr.Ambedkar, Chowk, Mumbai, Maharashtra, India – 400099
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Glazewell System Private 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
Glazewell System operates one associated brand: Glazewell System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design, supply, and installation of architectural facade systems, including glazing and cladding in India. | glazewellsystem.com |
Business activity
The main business activity of Glazewell System is manufacturing. In detail, this covers repair and installation of machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment |
To see the full business activity and turnover split of Glazewell System Private Limited, buy the company report.
Financials of Glazewell System Private Limited
FY 2025 filings availableGlazewell System Private Limited reported revenue of ₹1.38 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 49%. EBITDA fell 30% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.5 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 6.1% | ||||
| 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 Glazewell System Private Limited, buy the company report.
Board of directors of Glazewell System Private Limited
Glazewell System has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Vitthal Bhandare Also directs: Ysr System Services (India) Private Limited | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Vishal Vitthal Bhandare Also directs: Ysr System Services (India) Private Limited | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Santosh Vishwanath Boine | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Glazewell System Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (repair and installation of machinery and equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mae Gweel Private Limited | ₹1.45 Cr (FY 2025) | 203.0% | Navi Mumbai, Maharashtra, India | |||
| Maina Power Transmission Equipment India Private Limited | ₹1.45 Cr (FY 2025) | 235.0% | Bangalore, Karnataka, India | |||
| Sys Tech Graphite Private Limited | ₹1.39 Cr (FY 2025) | 286.0% | Pune, Maharashtra, India | |||
| Solargica Power Private Limited | ₹1.39 Cr (FY 2024) | 44.0% | Pune, Maharashtra, India | |||
| Indo-Tech Auto Parts Private Limited | ₹1.39 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Glazewell System Private Limitedthis company | ₹1.38 Cr (FY 2025) | ₹8.5 Lakh | 6.1% | -32.0% | Mumbai, Maharashtra, India | |
| Shilaayantra Udyog Private Limited | ₹1.38 Cr (FY 2024) | -29.0% | Bangalore, Karnataka, India | |||
| Primeseal Multipack Private Limited | ₹1.38 Cr (FY 2025) | 16.0% | Rajkot, Gujarat, India | |||
| Man Elevators Company Private Limited | ₹1.36 Cr (FY 2025) | -17.0% | Bangalore, Karnataka, India | |||
| Torrautomation Products Private Limited | ₹1.35 Cr (FY 2024) | 1016.0% | Faridabad, Haryana, India | |||
| Felicity Machines Private Limited | ₹1.34 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Glazewell System Private Limited, buy the company report.
Auditor
Glazewell System Private Limited is audited by K.S.TANKSALI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.TANKSALI & CO | FY 2017 | 09779 |
Shareholding
The shareholding of Glazewell System Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Glazewell System Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2016 | 10610244 | Bank of Baroda | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Glazewell System Private 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 Glazewell System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glazewell System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG7603M1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glazewell System Private Limited, buy the company report.
Recent activity
Glazewell System Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Santosh Vishwanath Boine was appointed as Director on 01 Oct 2014.
Frequently asked questions
Glazewell System is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 01 October 2014 (12+ years old) and is registered under CIN U74120MH2014PTC258496.
Glazewell System has 3 current directors:
- Vishwanath Vitthal Bhandare - Director
- Vishal Vitthal Bhandare - Director
- Santosh Vishwanath Boine - Director
The latest financial statements of Glazewell System 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 Glazewell System is 27AAFCG7603M1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glazewell System is U74120MH2014PTC258496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glazewell System was incorporated on 01 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glazewell System by revenue are Mae Gweel Private Limited, Maina Power Transmission Equipment India Private Limited, Sys Tech Graphite Private Limited, Solargica Power Private Limited, Indo-Tech Auto Parts Private Limited and 5 more, all in the same principal business activity (repair and installation of machinery and equipment).
Santosh Vishwanath Boine was appointed as Director on 01 Oct 2014. Vishal Vitthal Bhandare was appointed as Director on 01 Oct 2014. Vishwanath Vitthal Bhandare was appointed as Director on 01 Oct 2014.
Glazewell System can be reached through the website glazewellsystem.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Glazewell System is at Rm 785 Mahatma Phule Nagar Chakala Rd M.C.Chagala Mrg Bamanwada Nr Cpwd Office Dr.Ambedkar, Chowk, Mumbai, Maharashtra, India – 400099.
Glazewell System operates in the trading industry, in the wholesale segment.