Glension Agro Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U01110GJ2017PLC096060 Incorporated 03 March 2017 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company agriculture MSME · Micro
Data last updated
Revenue · FY 2023
₹2.58 Cr
▼ 90% YoY
Net profit · FY 2023
₹6.1 Lakh
Net margin 2.4%
EBITDA · FY 2023
₹9.15 Lakh
EBITDA margin 3.6%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹7.8 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

About Glension Agro Limited

Data last updated:

Glension Agro Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 03 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01110GJ2017PLC096060. Its GSTIN is 24AAGCG7260F1ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹7.8 Cr. It is led by directors including Malay Shaileshbhai Patel and Meet Harshadbhai Thakkar.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 422/A Chokha Bazzar Survey No. 84 Kalupur, Ahmedabad, Gujarat, India – 380002.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.58 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹6.1 Lakh (net margin 2.4%) and EBITDA of ₹9.15 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 75% over five years.

Glension Agro Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0159894). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U01110GJ2017PLC096060
Registration Number 096060
Incorporation Date 03 March 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0159894

CIN history

Glension Agro has one previous CIN (Corporate Identification Number): U01110GJ2017PTC096060. The current CIN is U01110GJ2017PLC096060, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U01110GJ2017PLC096060Current
U01110GJ2017PTC096060Previous

Recognitions & Rankings of Glension Agro

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0159894

Contact details

Glension Agro Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    422/A Chokha Bazzar Survey No. 84 Kalupur, Ahmedabad, Gujarat, India – 380002
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Glension Agro Limited, buy the company report.

Comprehensive company report
Glension Agro 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
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Business activity

The main business activity of Glension Agro is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including hunting

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

Financials of Glension Agro Limited

FY 2023 filings available

Glension Agro Limited reported revenue of ₹2.58 Cr (down 90% YoY) for FY 2023.

Revenue · FY 2023
₹2.58 Cr ▼ 90%
Net profit · FY 2023
₹6.1 Lakh margin 2.4%
EBITDA · FY 2023
₹9.15 Lakh margin 3.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▲ 39%
5 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 51%
5 years · compounded
▼ 3%

Revenue fell 90% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 75%. EBITDA fell 94% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹9.15 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.1 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.6%
Net Profit Margin2.4%
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 Glension Agro Limited, buy the company report.

Board of directors of Glension Agro Limited

Glension Agro has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Malay Shaileshbhai PatelDirector01 Nov 20205 Years 11 MonthsCurrent
Meet Harshadbhai ThakkarDirector13 Oct 20215 Years 0 MonthsCurrent
Prashant MaheshwariDirector24 Aug 20215 Years 1 MonthsCurrent

Peer comparison

Glension Agro Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agri Services), with the same principal business activity (support activities to agriculture and other activities including hunting), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shivpratap Agrotech Farmers Producer Company Limited₹2.58 Cr (FY 2024)-24.0%Sangli, Maharashtra, India
Poshtik Aahar Producer Company Limited₹2.58 Cr (FY 2023)-5.0%Hisar, Haryana, India
Jaya Seeds Producer Company Limited₹2.58 Cr (FY 2024)160.0%Varanasi, Uttar Pradesh, India
Glension Agro Limitedthis company₹2.58 Cr (FY 2023)₹6.1 Lakh2.4%-90.0%Ahmedabad, Gujarat, India
Chandrai Agro Producer Company Limited₹2.57 Cr (FY 2025)211.0%Beed, Maharashtra, India

To see the full peer comparison of Glension Agro Limited, buy the company report.

Auditor

Glension Agro Limited is audited by VISHVES A SHAH & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
VISHVES A SHAH & COFY 2020121356W

Shareholding

The shareholding of Glension Agro Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Glension Agro Limited, buy the company report.

MSME payment delays

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

GST

Glension Agro has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAGCG7260F1ZQGujaratActive01 Jul 2017

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

Recent activity

Glension Agro Limited has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Malay Shaileshbhai Patel ceased to be Additional Director on 29 Nov 2021.

AGM
Glension Agro Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Glension Agro Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Malay Shaileshbhai Patel ceased to be Additional Director.
Ceased
Meet Harshadbhai Thakkar ceased to be Additional Director.
Ceased
Prashant Maheshwari ceased to be Additional Director.
Appointed
Meet Harshadbhai Thakkar was appointed as Director.
Ceased
Pradip Dilipbhai Ramvani ceased to be Additional Director.
Appointed
Prashant Maheshwari was appointed as Director.
Ceased
Vipin S Maheshwari ceased to be Additional Director.
Ceased
Ajitkumar Mahendra Kumar Santoki ceased to be Director.
Appointed
Malay Shaileshbhai Patel was appointed as Director.
Ceased
Sarth Ajitbhai Santoki ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Glension Agro is an active public limited company based in Ahmedabad, Gujarat, India. The company works in agri support services, within the agriculture industry. It was incorporated on 03 March 2017 (9+ years old) and is registered under CIN U01110GJ2017PLC096060.

Glension Agro has 3 current directors:

The latest financial statements of Glension Agro on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Glension Agro is 24AAGCG7260F1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Glension Agro is U01110GJ2017PLC096060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glension Agro was incorporated on 03 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Glension Agro by revenue are Shivpratap Agrotech Farmers Producer Company Limited, Poshtik Aahar Producer Company Limited, Jaya Seeds Producer Company Limited, Chandrai Agro Producer Company Limited, all in the Agriculture industry (Agri Services), with the same principal business activity (support activities to agriculture and other activities including hunting).

Malay Shaileshbhai Patel ceased to be Additional Director on 29 Nov 2021. Meet Harshadbhai Thakkar ceased to be Additional Director on 29 Nov 2021. Prashant Maheshwari ceased to be Additional Director on 29 Nov 2021. Glension Agro has 10 board changes on record in total.

Yes, Glension Agro is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0159894).

The registered office of Glension Agro is at 422A Chokha Bazzar Survey No. 84 Kalupur, Ahmedabad, Gujarat, India – 380002.

Glension Agro operates in the agriculture industry, in the agri support services segment.