Glitnir Corporate Solutions Private Limited

Glitnir Corporate Solutions Private Limited - professional services in Kochi, Kerala, India. FY 2026 financials & compliance.
CIN U74140KL2010PTC027296 Incorporated 29 December 2010 ROC Ernakulam HQ Kochi, Kerala, India
Active Private Limited Company professional services MSME · Micro
Data last updated
Revenue · FY 2025
₹18.86 Lakh
▼ 27% YoY
Net loss · FY 2025
₹1.14 Lakh
Net margin -6.1%
EBITDA · FY 2025
-₹1.09 Lakh
EBITDA margin -5.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Glitnir Corporate Solutions Private Limited

Data last updated:

Glitnir Corporate Solutions Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the placement services segment of the professional services sector. It was incorporated on 29 December 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2010PTC027296. Its GSTIN is 32AAECG0984C1Z0 (Kerala).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Rajeev Panicker and Sundaresh Kamath Panduranga.

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 No.107 4th Floor D Corner Stone S.A.Road Kadavanthara, Kochi, Kerala, India – 682020.

As per the financials filed for FY 2025, the company reported a revenue of ₹18.86 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Lakh (net margin -6.1%) and EBITDA of -₹1.09 Lakh (EBITDA margin -5.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 12% over five years.

Glitnir Corporate Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0015328). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140KL2010PTC027296
Registration Number 027296
Incorporation Date 29 December 2010
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0015328

Recognitions & Rankings of Glitnir Corporate Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-02-0015328

Contact details

Glitnir Corporate Solutions Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.107 4th Floor D Corner Stone S.A.Road Kadavanthara, Kochi, Kerala, India – 682020
  • Industry
    Professional Services, Placement Services, Human Resources

To see the full contact details of Glitnir Corporate Solutions Private Limited, buy the company report.

Comprehensive company report
Glitnir Corporate Solutions Private 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 Glitnir Corporate Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Glitnir Corporate Solutions Private Limited, buy the company report.

Financials of Glitnir Corporate Solutions Private Limited

FY 2025 filings available

Glitnir Corporate Solutions Private Limited reported revenue of ₹18.86 Lakh (down 27% YoY) for FY 2025.

Revenue · FY 2025
₹18.86 Lakh ▼ 27%
Net loss · FY 2025
₹1.14 Lakh margin -6.1%
EBITDA · FY 2025
-₹1.09 Lakh margin -5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 9%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▼ 47%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 27% fall in the latest year. EBITDA rose 64% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹1.09 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.14 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-5.8%
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 Glitnir Corporate Solutions Private Limited, buy the company report.

Board of directors of Glitnir Corporate Solutions Private Limited

Glitnir Corporate Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajeev PanickerDirector29 Dec 201015 Years 9 MonthsCurrent
Sundaresh Kamath PandurangaDirector29 Dec 201015 Years 9 MonthsCurrent
Varkey George PottenkulamDirector12 Jan 201115 Years 9 MonthsCurrent

Peer comparison

Glitnir Corporate Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Easy Recruiitz 365 Private Limited₹18.96 Lakh (FY 2024)63.0%New Delhi, Delhi, India
Optimal Career and Staffing Private Limited₹18.94 Lakh (FY 2023)-5.0%Ahmedabad, Gujarat, India
Safecure Iconic Private Limited₹18.91 Lakh (FY 2025)238.0%Delhi, India
Shekhawati Solution Services Private Limited₹18.91 Lakh (FY 2025)1.0%Sikar, Rajasthan, India
Pegasuss Facilities Private Limited₹18.88 Lakh (FY 2024)0.0%New Delhi, Delhi, India
Glitnir Corporate Solutions Private Limitedthis company₹18.86 Lakh (FY 2025)-₹1.14 Lakh-6.1%-27.0%Kochi, Kerala, India
Jotish Recruitment Private Limited₹18.84 Lakh (FY 2021)-1.0%New Delhi, Delhi, India
Greatbell Human Resource Consultancy Services Private Limited₹18.82 Lakh (FY 2025)1.0%Ernakulam, Kerala, India
HRD Star Jobs Consultancy Private Limited₹18.8 Lakh (FY 2021)Wayanad, Kerala, India
TDS Infrastructure Private Limited₹18.78 Lakh (FY 2025)221.0%Mohali, Punjab, India
Psytech Outsourcing Private Limited₹18.77 Lakh (FY 2024)35.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Glitnir Corporate Solutions Private Limited, buy the company report.

Auditor

Glitnir Corporate Solutions Private Limited is audited by ELIAS GEORGE AND CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
ELIAS GEORGE AND COFY 2017000801S

Shareholding

The shareholding of Glitnir Corporate Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Glitnir Corporate Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

Glitnir Corporate Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAECG0984C1Z0KeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Glitnir Corporate Solutions Private Limited, buy the company report.

Recent activity

Glitnir Corporate Solutions Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Varkey George Pottenkulam ceased to be Additional Director on 30 Sep 2011.

AGM
Glitnir Corporate Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glitnir Corporate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Varkey George Pottenkulam ceased to be Additional Director.
Appointed
Varkey George Pottenkulam was appointed as Director.
Appointed
Rajeev Panicker was appointed as Director.
Appointed
Sundaresh Kamath Panduranga was appointed as Director.
Incorporation
29 Dec 2010
Glitnir Corporate Solutions Private Limited was registered on 29 Dec 2010 with Roc Ernakulam & aged 15 years 9 months as per MCA records.

Frequently asked questions

Glitnir Corporate Solutions is an active private limited company based in Kochi, Kerala, India. The company works in placement services, within the professional services industry. It was incorporated on 29 December 2010 (16+ years old) and is registered under CIN U74140KL2010PTC027296.

Glitnir Corporate Solutions has 3 current directors:

The latest financial statements of Glitnir Corporate Solutions 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 Glitnir Corporate Solutions is 32AAECG0984C1Z0, registered in Kerala.

The CIN (Corporate Identification Number) of Glitnir Corporate Solutions is U74140KL2010PTC027296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glitnir Corporate Solutions was incorporated on 29 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Glitnir Corporate Solutions by revenue are Easy Recruiitz 365 Private Limited, Optimal Career and Staffing Private Limited, Safecure Iconic Private Limited, Shekhawati Solution Services Private Limited, Pegasuss Facilities Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).

Varkey George Pottenkulam ceased to be Additional Director on 30 Sep 2011. Varkey George Pottenkulam was appointed as Director on 12 Jan 2011. Rajeev Panicker was appointed as Director on 29 Dec 2010. Glitnir Corporate Solutions has 4 board changes on record in total.

Yes, Glitnir Corporate Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0015328).

The registered office of Glitnir Corporate Solutions is at No.107 4th Floor D Corner Stone S.A.Road Kadavanthara, Kochi, Kerala, India – 682020.

Glitnir Corporate Solutions operates in the professional services industry, in the placement services segment.