MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0159894
Glension Agro Limited
Glension Agro Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
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 of Glension Agro Limited
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 of Glension Agro Limited
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.
| CIN | Status |
|---|---|
| U01110GJ2017PLC096060 | Current |
| U01110GJ2017PTC096060 | Previous |
Key People
Malay Shaileshbhai Patel Director Meet Harshadbhai Thakkar Director Prashant Maheshwari Director Recognitions & Rankings of Glension Agro
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address422/A Chokha Bazzar Survey No. 84 Kalupur, Ahmedabad, Gujarat, India – 380002
- IndustryAgriculture, Agri Support Services
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Business Activity of Glension Agro Limited
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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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) of Glension Agro Limited
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 of Glension Agro Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 of Glension Agro Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Glension Agro are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malay Shaileshbhai Patel Also directs: Agrion Enterprises LLP | Director | 01 Nov 2020 | 5 Years 11 Months | Current |
| Meet Harshadbhai Thakkar Also directs: Heera Ispat Limited | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
| Prashant Maheshwari Also directs: Midas Touch Fiscal Services LLP, Satom Advisors LLP, Deepjyoti International Private Limited and 2 more | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
Peer Comparison of Glension Agro Limited
Glension Agro Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agri Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GV Seeds Private Limited | ₹2.58 Cr (FY 2020) | •••• | •••• | -50.0% | •••• | Hyderabad, Telangana, India |
| 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 |
| Bdtech Private Limited | ₹2.58 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Maradu, Kerala, India |
| Glension Agro Limited this company | ₹2.58 Cr (FY 2023) | •••• | •••• | -90.0% | •••• | Ahmedabad, Gujarat, India |
| Ansh Agronomy Private Limited | ₹2.57 Cr (FY 2023) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
| Chandrai Agro Producer Company Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 211.0% | •••• | Beed, Maharashtra, India |
| Freshrooms Lifesciences Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 3130.0% | •••• | Ulundurpet, Tamil Nadu, India |
| Tropical Nanosciences Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
| Vindhyanchal Crop Producer Company Limited | ₹2.56 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Rewa, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Glension Agro by revenue in the Agriculture industry (Agri Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Glension Agro Limited
Glension Agro Limited is audited by VISHVES A SHAH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHVES A SHAH & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Glension Agro Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Glension Agro Limited
Glension Agro Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Glension Agro Limited
Employment history and EPFO contributions of people linked to Glension Agro.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Glension Agro Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glension Agro Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Glension Agro Limited
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Subsidiaries & Group Companies of Glension Agro Limited
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Corporate group structure
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GST Compliance of Glension Agro Limited
Glension Agro has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG7260F1ZQ | Gujarat | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Glension Agro Limited
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Frequently Asked Questions about Glension Agro Limited
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 reported revenue of ₹2.58 Cr for FY 2023 (down 90% YoY).
Glension Agro has 3 current directors:
- Malay Shaileshbhai Patel - Director
- Meet Harshadbhai Thakkar - Director
- Prashant Maheshwari - Director
Glension Agro reported a net profit of ₹6.1 Lakh (net margin 2.4%) and EBITDA of ₹9.15 Lakh (EBITDA margin 3.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glension Agro is 39% over three years and 75% over five years. In the latest year (FY 2023) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
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 GV Seeds Private Limited, Shivpratap Agrotech Farmers Producer Company Limited, Poshtik Aahar Producer Company Limited, Jaya Seeds Producer Company Limited, Bdtech Private Limited and 5 more, all in the Agriculture industry (Agri Services).
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).