Glen Industries Limited - plastics in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L21097WB2007PLC119239 Incorporated 05 October 2007 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - BSE: 544444 Public Limited Company plastics
Data last updated
Market Cap
₹257 Cr
GLEN · BSE
Share Price
₹106.80
-0.09% today
Revenue
₹203 Cr
FY 2025-26 · +19.0% YoY
EBITDA
₹37.03 Cr
Margin 18.2%
Net Profit
₹16.47 Cr
FY 2025-26 · -8.0% YoY
P/E (TTM)
15.5x
P/B 1.9x
ROE
16.7%
ROCE 13.6%
Debt / Equity
1.28
Interest cover 32.2x

About Glen Industries Limited

Data last updated:

Glen Industries Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 05 October 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L21097WB2007PLC119239. Its GSTIN is 19AACCG9933B1ZL (West Bengal). It is a listed company as per MCA records. Its shares are listed on BSE: 544444.

The company has an authorised share capital of ₹29.21 Cr and a paid-up capital of ₹24.06 Cr. It was formerly known as Glen Stationery Private Limited. It is led by directors including Nikhil Agrawal (Managing Director) and Lalit Agrawal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 20 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rajveena 2nd Floor 50A Block – C New Alipore, Kolkata, West Bengal, India – 700053.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹203.13 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹16.47 Cr (net margin 8.1%) and EBITDA of ₹37.03 Cr (EBITDA margin 18.2%). The net worth stands at ₹139.61 Cr (up 138.8% YoY). Total assets are valued at ₹262.29 Cr (up 35.3% YoY).

The company is associated with 1 brand: Glen Industries. As per MCA filings, the company has open charges of ₹276.63 Cr and satisfied charges of ₹96.58 Cr on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 5 cases are pending. The company has 12 deals on record (4 secondary share transfers, 4 market trades, 3 funding rounds), with disclosed funding of ₹8.07 Cr; the latest was in October 2025. Its 4 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger; the largest is Shako Flexi Pack Pvt Ltd with revenue of ₹179 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glen-india.com.

Company details

CIN L21097WB2007PLC119239
Registration Number 119239
Incorporation Date 05 October 2007
ROC Kolkata
Listing Status Listed - Listed on BSE (544444)
Company Status Active
Date of Last AGM 20 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Glen Industries has undergone 2 name changes throughout its history. The company was previously known as Glen Stationery Private Limited, and Glen Industries Limited. The current legal name is Glen Industries Limited.

Company NameStatus
Glen Industries LimitedCurrent
Glen Stationery Private LimitedPrevious

CIN history

Glen Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L21097WB2007PLC119239, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L21097WB2007PLC119239Current
U21097WB2007PLC119239Previous
U21097WB2007PTC119239Previous

Contact details

Glen Industries Limited's registered office is in Kolkata, West Bengal.

  • Registered Address
    Rajveena 2nd Floor 50A Block – C New Alipore, Kolkata, West Bengal, India – 700053
  • Industry
    Plastics, Non-Metallic Mineral Products, Fabricated Metal Products, Plastic Products, Rubber Products
Comprehensive company report
Glen Industries 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

Glen Industries operates one associated brand: Glen Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Glen Industries is recognized for manufacturing food packaging solutions.glen-india.com

Business activity

The main business activity of Glen Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Glen Industries Limited, buy the company report.

Financials of Glen Industries Limited

FY 2025-26 filings available

Glen Industries Limited reported revenue of ₹203.13 Cr (up 19% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹203 Cr
+19.0% YoY
EBITDA
₹37.03 Cr
-8.0% YoY
Profit After Tax
₹16.47 Cr
-8.0% YoY
Net Worth
₹140 Cr
+138.8% YoY
Total Assets
₹262 Cr
+35.3% YoY
Total Debt
₹121 Cr
-9.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue20317114511993.85
Revenue growth+19.0%+18.0%+21.7%+26.6%-
EBITDA37.0340.2324.8213.5110.82
EBITDA margin+18.2%+23.6%+17.2%+11.4%+11.5%
Profit before tax21.7224.4411.412.635.03
Net profit16.4717.918.423.063.65
Net profit margin+8.1%+10.5%+5.8%+2.6%+3.9%
EPS (₹)5.1210.3782.4214.3835.60
Balance sheet
Total assets26219413912297.99
Net worth14058.4645.5036.4122.60
Total debt12113389.0081.6572.18
Cash & bank33.802.070.823.963.47
Net working capital14687.6259.5849.1241.05
Cash flow
Cash from operations5.855.7713.9111.39(13.65)
Cash from investing(17.69)(34.80)(13.31)(14.91)(22.11)
Cash from financing11.1530.08(1.55)3.8333.75
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue20317114511993.85
Revenue growth+19.0%+18.0%+21.7%+26.6%-
EBITDA37.1640.2624.8212.5910.85
EBITDA margin+18.3%+23.6%+17.2%+10.6%+11.6%
Profit before tax21.8524.4711.411.715.15
Net profit16.6017.948.421.793.82
Net profit margin+8.2%+10.5%+5.8%+1.5%+4.1%
EPS (₹)6.9110.3982.465.4837.27
Balance sheet
Total assets26219313912298.82
Net worth13258.4945.5036.4223.53
Total debt12813288.8381.6572.08
Cash & bank33.762.000.793.943.43
Net working capital14587.4059.4149.1144.17
Cash flow
Cash from operations6.045.799.8311.32(13.55)
Cash from investing(17.68)(34.41)(13.31)(14.91)(22.11)
Cash from financing10.9729.62(1.12)3.9333.65
ParticularsSep 2024Jun 2024
Revenue40.9043.23
Other income0.290.43
Total expenses33.5132.97
EBITDA7.3910.26
EBITDA margin+18.1%+23.7%
Depreciation1.851.71
Interest1.561.94
Profit before tax4.277.04
Tax1.021.80

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue20317114511993.85
Revenue growth+19.0%+18.0%+21.7%+26.6%-
Other income2.030.620.280.742.86
Total expenses16613012010583.03
Employee cost15.2012.3610.588.096.59
EBITDA37.0340.2324.8213.5110.82
EBITDA margin+18.2%+23.6%+17.2%+11.4%+11.5%
Depreciation7.997.366.405.974.80
Interest9.359.057.295.653.85
Profit before tax21.7224.4411.412.635.03
Tax5.226.232.901.151.35
Net profit16.4717.918.423.063.65
Net profit margin+8.1%+10.5%+5.8%+2.6%+3.9%
EPS (₹)5.1210.3782.4214.3835.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital32.2017.565.745.745.74
Reserves & surplus10740.9039.7630.6716.86
Shareholders' funds (net worth)14058.4645.5036.4122.60
Minority interest0.000.000.000.000.00
Secured loans97.3387.5457.3855.2650.74
Unsecured loans23.4045.2931.6226.3921.44
Total debt12113389.0081.6572.18
Total liabilities26219413912297.99
Assets
Gross block14313499.6386.3062.33
Net block10810880.6673.1555.25
Capital work in progress11.890.540.000.000.79
Investments0.000.000.000.000.00
Inventories78.4259.5941.5436.2729.59
Sundry debtors37.1730.7126.6016.4615.32
Cash & bank balances33.802.070.823.963.47
Loans & advances19.8111.398.605.039.44
Total current assets16910477.5661.7257.82
Total current liabilities23.5116.1417.9812.6016.77
Net working capital14687.6259.5849.1241.05
Total assets26219413912297.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash1.220.171.130.822.83
Net cash from operating activities5.855.7713.9111.39(13.65)
Net cash from investing activities(17.69)(34.80)(13.31)(14.91)(22.11)
Net cash from financing activities11.1530.08(1.55)3.8333.75
Net change in cash(0.70)1.04(0.95)0.31(2.01)
Closing cash33.802.070.823.963.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+19.0%+18.0%+21.7%+26.6%-
EBITDA growth-8.0%+62.1%+83.7%+24.9%-
PBT growth-11.1%+114.2%+333.8%-47.7%+9997.0%
Net income growth-8.0%+112.7%+175.2%-16.2%-
Revenue CAGR (3Y)+19.6%+22.1%---
EBITDA CAGR (3Y)+40.0%+54.9%---
Profitability & leverage
Net income margin+8.1%+10.7%+5.9%+1.3%+3.9%
Return on capital employed+13.6%+20.1%+14.3%+10.1%+9.0%
Return on net worth+16.7%+36.7%+23.5%+12.2%+19.9%
Debt / equity1.282.132.082.613.19
Long-term debt / equity0.330.690.791.201.60
Interest cover32.2027.5339.5874.9363.95
Efficiency & per share
Fixed asset turnover1.461.461.561.601.51
Inventory turnover2.943.383.723.613.17
Debtors turnover5.985.966.727.486.13
EPS (₹)5.1210.3782.4214.3835.60
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)43.3633.28394.79306.87173.19
ParticularsSep 2024Jun 2024
Revenue40.9043.23
Other income0.290.43
Total expenses33.5132.97
EBITDA7.3910.26
EBITDA margin+18.1%+23.7%
Depreciation1.851.71
Interest1.561.94
Profit before tax4.277.04
Tax1.021.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue20317114511993.85
Revenue growth+19.0%+18.0%+21.7%+26.6%-
Other income2.030.620.280.742.86
Total expenses16613012010683.00
Employee cost15.1712.3410.588.096.59
EBITDA37.1640.2624.8212.5910.85
EBITDA margin+18.3%+23.6%+17.2%+10.6%+11.6%
Depreciation7.997.366.405.974.71
Interest9.359.057.295.653.85
Profit before tax21.8524.4711.411.715.15
Tax5.226.232.901.151.30
Net profit16.6017.948.421.793.82
Net profit margin+8.2%+10.5%+5.8%+1.5%+4.1%
EPS (₹)6.9110.3982.465.4837.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital24.0617.565.745.745.74
Reserves & surplus10840.9339.7630.6817.79
Shareholders' funds (net worth)13258.4945.5036.4223.53
Secured loans97.3387.5457.3855.2650.74
Unsecured loans30.7444.6731.4526.3921.34
Total debt12813288.8381.6572.08
Total liabilities26219313912298.82
Assets
Gross block14313499.6186.0656.27
Net block10810880.6473.1549.43
Capital work in progress11.490.150.000.000.79
Investments0.020.020.020.023.42
Inventories78.4259.5941.5436.2729.59
Sundry debtors37.1730.7126.6016.4615.32
Cash & bank balances33.762.000.793.943.43
Loans & advances19.6111.248.445.0412.59
Total current assets16910477.3761.7160.93
Total current liabilities23.5116.1417.9612.6016.76
Net working capital14587.4059.4149.1144.17
Total assets26219313912298.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash1.160.164.760.000.00
Net cash from operating activities6.045.799.8311.32(13.55)
Net cash from investing activities(17.68)(34.41)(13.31)(14.91)(22.11)
Net cash from financing activities10.9729.62(1.12)3.9333.65
Net change in cash(0.67)1.00(4.60)0.34(2.01)
Closing cash33.762.000.793.943.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+19.0%+18.0%+21.7%+26.6%-
EBITDA growth-7.7%+62.2%+97.1%+16.0%-
PBT growth-10.7%+114.5%+567.3%-66.8%+9997.0%
Net income growth-7.5%+113.1%+370.4%-53.1%-
Revenue CAGR (3Y)+19.6%+22.1%---
EBITDA CAGR (3Y)+43.4%+54.8%---
Profitability & leverage
Net income margin+8.2%+10.7%+5.9%+0.5%+4.1%
Return on capital employed+13.7%+20.2%+14.3%+10.1%+9.1%
Return on net worth+17.5%+36.8%+23.5%+7.1%+20.5%
Debt / equity1.372.132.082.563.06
Long-term debt / equity0.380.690.710.951.20
Interest cover32.0527.5139.5885.3562.70
Efficiency & per share
Fixed asset turnover1.461.461.561.671.67
Inventory turnover2.943.383.723.613.17
Debtors turnover5.985.966.727.486.13
EPS (₹)6.9110.3982.465.4837.27
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)54.7133.30394.79306.96182.17

To see the full year-wise statements and ratios of Glen Industries Limited, buy the company report.

Board of directors of Glen Industries Limited

Glen Industries has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lalit AgrawalWhole-Time Director23 Jan 20179 Years 9 MonthsCurrent
Niyati SeksariaWhole-Time Director01 Sep 20206 Years 1 MonthsCurrent
Nikhil AgrawalManaging Director23 Jan 20179 Years 9 MonthsCurrent
Prashant SinghaniaDirector16 Sep 20242 Years 1 MonthsCurrent
Chandan SenguptaDirector16 Sep 20242 Years 1 MonthsCurrent
Manoj BaidDirector16 Sep 20242 Years 1 MonthsCurrent

Peer comparison

Glen Industries Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Glen Industries Limitedthis company₹203.13 Cr (FY 2026)₹16.47 Cr8.1%19.0%Kolkata, West Bengal, India
Shako Flexi Pack Pvt Ltd₹179 Cr (FY 2025)17.0%Ahmedabad, Gujarat, India
Aparna Paper Processing Industry Pvt Ltd₹177.85 Cr (FY 2025)4.0%Ahmedabad, Gujarat, India
Sati Poly Plast Limited₹175.16 Cr (FY 2022)39.0%Bihar, India
Swiss Pac Pvt Ltd₹174.96 Cr (FY 2024)13.0%Vadodara, Gujarat, India

To see the full peer comparison of Glen Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹276.63 Cr
Satisfied charges
₹96.58 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹131.90 Cr
Others₹80.55 Cr
Axis Bank Limited₹62.88 Cr
Sidbi₹1.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jul 2026101380066Hdfc Bank Limited₹4.33 CrOpen
12 Mar 2026101297865Hdfc Bank Limited₹27 LakhOpen
22 Oct 2025101194080Hdfc Bank Limited₹48.9 LakhOpen
06 Feb 2025101048331Others₹10 CrOpen
29 Apr 2024100915228Others₹2.75 CrOpen

To see the full charge records of Glen Industries Limited, buy the company report.

Total charge records: 41 View all charges

Deals & funding

Glen Industries Limited has 12 deals on record (4 secondary share transfers, 4 market trades, 3 funding rounds), with disclosed funding of ₹8.07 Cr; the latest was in October 2025.

Total deals
12
Secondary share transfers
4
Market trades
4
Funding rounds
3
IPO
1
Disclosed funding
₹8.07 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Oct 2025Market trade₹1.08 CrSeller: Mansi Share and Stock Broking Private Limited
Jul 2025Market trade₹5.78 CrBuyer: Mansi Share and Stock Broking Private Limited
Seller: Neo Apex Venture LLP , Mansi Share and Stock Broking Private Limited
Jul 2025Market trade₹7.23 CrBuyer: Neo Apex Venture LLP
Seller: Neo Apex Venture LLP
Jul 2025Market trade₹5.47 CrBuyer: Mansi Share and Stock Broking Private Limited , Sb Opportunities Fund I
Jul 2025IPO₹63.02 CrInvestors: Bharat Venture Opportunities Fund, Swyom India Alpha Fund, Sanshi Fund-I

To see the full deal history of Glen Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Glen Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Glen Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AACCG9933B1ZLWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Glen Industries Limited, buy the company report.

Recent activity

Glen Industries Limited has 15 board changes on record since 2009: 7 appointments and 8 cessations. The latest: Chandan Sengupta ceased to be Additional Director on 29 Sep 2024.

Charges
A charge registered on 10 Apr 2019 via Charge ID 100260977 with Hdfc Bank Limited was fully satisfied on 14 Sep 2026.
Charges
A charge registered on 26 Aug 2026 via Charge ID 101377741 with Others was fully satisfied on 09 Sep 2026.
Charges
A charge registered on 04 Aug 2022 via Charge ID 100601788 with Others was fully satisfied on 09 Sep 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 58.00 Cr registered on 26 Apr 2019 with Charge ID 100260978 was modified on 02 Sep 2026.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 101377741 was registered on 26 Aug 2026.
Charges
A charge with Others of Rs. 46.00 Cr registered on 20 Aug 2021 with Charge ID 100477929 was modified on 26 Aug 2026.
AGM
Glen Industries Limited last Annual general meeting of members was held on 20 Aug 2026 as per latest MCA records.
Charges
A charge registered on 26 Dec 2024 via Charge ID 101039225 with Others was fully satisfied on 27 Jul 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.33 Cr with Charge ID 101380066 was registered on 23 Jul 2026.
Charges
A charge with Axis Bank Limited of Rs. 38.79 Cr registered on 29 Sep 2020 with Charge ID 100376624 was modified on 15 Jul 2026.
Filing
Glen Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101297865 was registered on 12 Mar 2026.

73 earlier events are in the company report.

Frequently asked questions

Glen Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 05 October 2007 (19+ years old) and is registered under CIN L21097WB2007PLC119239. Listed on BSE: 544444.

Glen Industries reported revenue of ₹203.13 Cr for FY 2025-26 (up 19% YoY) based on consolidated financials.

Glen Industries has 6 current directors:

The latest financial statements of Glen Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Glen Industries is 19AACCG9933B1ZL, registered in West Bengal.

The CIN (Corporate Identification Number) of Glen Industries is L21097WB2007PLC119239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Glen Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 544444).

Glen Industries has 12 court cases on record: 9 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.

Glen Industries was incorporated on 05 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.

Glen Industries has 12 deals on record (4 secondary share transfers, 4 market trades, 3 funding rounds), with disclosed funding of ₹8.07 Cr; the latest was in October 2025.

The peers of Glen Industries by revenue are Shako Flexi Pack Pvt Ltd, Aparna Paper Processing Industry Pvt Ltd, Sati Poly Plast Limited, Swiss Pac Pvt Ltd, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).