Global Instile Solid Industries Limited
About Global Instile Solid Industries Limited
Data last updated:
Global Instile Solid Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 13 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14100MH1997PLC106541. Its GSTIN is 27AABCG1174D1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.36 Lakh. It is led by directors including Manoj Dwarkadas Dewani and Prakash Bhagwandas Khakhar.
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 1501 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.75 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹10.41 Lakh (net margin -14.3%) and EBITDA of -₹10.47 Lakh (EBITDA margin -14.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹31.14 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address1501 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Global Instile Solid Industries Limited
The main business activity of Global Instile Solid Industries is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Global Instile Solid Industries Limited FY 2025 filings available
Global Instile Solid Industries Limited reported revenue of ₹72.75 Lakh (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Global Instile Solid Industries Limited
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 218% 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 Global Instile Solid Industries Limited
| 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 | -₹10.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.41 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 Global Instile Solid Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -14.3% | •••• | •••• | •••• | •••• |
| 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 Global Instile Solid Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Global Instile Solid Industries Limited
Global Instile Solid Industries Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Efp European Facade Products India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Jana Cleaner India Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Raipur Nirman Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Neel Kamal Stones Private Limited | •••• | •••• | •••• | •••• | - | Udaipur, Rajasthan, India |
| Nazakat Estates and Trading Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Global Instile Solid Industries Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Maqnum Infratrade Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Diligence Global Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Soa Estate Services Private Limited | •••• | •••• | •••• | •••• | - | Lohardaga, Jharkhand, India |
| Reva Sales & Marketing Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| T24 Global Impex Private Limited | •••• | •••• | •••• | •••• | - | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Global Instile Solid Industries by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Global Instile Solid Industries Limited
Global Instile Solid Industries Limited is audited by ASHAR & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Global Instile Solid Industries Limited
Global Instile Solid Industries has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Dwarkadas Dewani Also directs: Solid Stone Company Limited | Director | 01 Jul 1999 | 27 Years 3 Months | Current |
| Prakash Bhagwandas Khakhar Also directs: Solid Stone Company Limited | Director | 13 Mar 1997 | 29 Years 6 Months | Current |
| Milan Bhagwandas Khakhar | Director | 13 Mar 1997 | 29 Years 6 Months | Current |
| Jeenoo Milan Khakhar | Director | 01 Apr 2001 | 25 Years 6 Months | Current |
Ownership and Shareholding of Global Instile Solid Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Global Instile Solid Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2016 | State Bank of India | ₹17.85 Cr | Open |
| 27 Mar 2012 | State Bank of India | ₹11.5 Cr | Open |
| 01 Aug 2007 | State Bank of India | ₹50 Lakh | Open |
| 15 Jun 2000 | State Bank of India | ₹97,000 | Open |
| 15 Mar 2000 | State Bank of India | ₹88 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Global Instile Solid Industries Limited
Global Instile Solid Industries Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Global Instile Solid Industries Limited
Employment history and EPFO contributions of people linked to Global Instile Solid Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Global Instile Solid Industries Limited
Global Instile Solid Industries has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Recent Activity on Global Instile Solid Industries Limited
Global Instile Solid Industries Limited has 6 board changes on record since 1997: 4 appointments and 2 cessations. The latest: Tushar Jayantilal Popat ceased to be Director on 30 Mar 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Global Instile Solid Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Global Instile Solid Industries Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Global Instile Solid Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Global Instile Solid Industries Limited
Global Instile Solid Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG1174D1Z0 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Global Instile Solid Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Global Instile Solid Industries Limited
Global Instile Solid Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 13 March 1997 (29+ years old) and is registered under CIN U14100MH1997PLC106541.
Global Instile Solid Industries reported revenue of ₹72.75 Lakh for FY 2025 (down 74% YoY).
Global Instile Solid Industries has 4 current directors:
- Manoj Dwarkadas Dewani - Director
- Prakash Bhagwandas Khakhar - Director
- Milan Bhagwandas Khakhar - Director
- Jeenoo Milan Khakhar - Director
Global Instile Solid Industries reported a net loss of ₹10.41 Lakh (net margin -14.3%) and EBITDA of -₹10.47 Lakh (EBITDA margin -14.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Global Instile Solid Industries is -61% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Global Instile Solid Industries is 27AABCG1174D1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Global Instile Solid Industries is U14100MH1997PLC106541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Instile Solid Industries has 1 court case on record: 1 filed against it. 1 is pending.
Global Instile Solid Industries was incorporated on 13 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Global Instile Solid Industries by revenue are Efp European Facade Products India Private Limited, Jana Cleaner India Private Limited, Raipur Nirman Private Limited, Neel Kamal Stones Private Limited, Nazakat Estates and Trading Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution).
Tushar Jayantilal Popat ceased to be Director on 30 Mar 2024. Vasumati Bhagwandas Khakhar ceased to be Director on 31 Dec 2020. Jeenoo Milan Khakhar was appointed as Director on 01 Apr 2001. Global Instile Solid Industries has 6 board changes on record in total.