About Glochem Industries Private Limited
Data last updated:
Glochem Industries Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 20 November 1995.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24110TG1995PTC022303. Its GSTIN is 36AAACG9134E1ZS (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹1.97 Cr. It was formerly known as Glochem Industries Limited. It was led by directors including Subbarao Kattamuri (Managing Director) and Hazarath Basha Shaik (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at G.V. Chambers 7 – 2 – C8 & C8/2 Ida Sanatnagar, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2023, the company reported a revenue of ₹68 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹19.33 Cr and EBITDA of -₹9.74 Cr. Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 7% over five years.
The company had about 195 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 5 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹93.08 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
The last known website on record is glochemindia.com.
CIN History of Glochem Industries Private Limited
Glochem Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24110TG1995PTC022303, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110TG1995PTC022303 | Current |
| U24110TG1995PLC022303 | Previous |
| U24110AP1995PLC022303 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG.V. Chambers 7 – 2 – C8 & C8/2 Ida Sanatnagar, Hyderabad, Telangana, India – 500018
- IndustryPharma, API Manufacturers
- 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
Financials of Glochem Industries Private Limited FY 2023 filings available
Glochem Industries Private Limited reported revenue of ₹68 Lakh (down 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Glochem Industries Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 62% fall in the latest year. EBITDA fell 168% 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 Glochem Industries Private 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 | ₹68 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.33 Cr | •••• | •••• | •••• | •••• |
| 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 Glochem Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Glochem 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.
Board of Directors of Glochem Industries Private Limited
Glochem Industries has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hazarath Basha Shaik | Whole-Time Director | 01 Jul 2011 | 15 Years 3 Months | As last reported |
| Subbarao Kattamuri Also directs: Evertogen Life Sciences Limited, K.R.R. Drugs & Intermediates Private Limited, Priche Generics Private Limited and 1 more | Managing Director | 01 Jul 2011 | 15 Years 3 Months | As last reported |
| Vikram Ravindra Mamidipudi Also directs: Ahlada Engineers Limited, Sai Silks (Kalamandir) Limited, Asm Technologies Limited and 5 more | Director | 24 Mar 1999 | 27 Years 6 Months | As last reported |
Peer Comparison of Glochem Industries Private Limited
Glochem Industries Private Limited is compared with the companies closest to it by revenue in the Pharma industry (API Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Macsen Labs Limited | ₹59.7 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Udaipur, Rajasthan, India |
| Bhasya International Private Limited | ₹59.51 Cr (FY 2024) | •••• | •••• | 124.0% | •••• | Hyderabad, Telangana, India |
| Vaasavaa Pharmaceuticals Private Limited | ₹59.28 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Solapur, Maharashtra, India |
| Venus Chemicals and Drugs Private Limited | ₹59.13 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Hyderabad, Telangana, India |
| Vivachem Intermediates Private Limited | ₹59.12 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Raikot, Punjab, India |
| Unichemie International Private Limited | ₹58.91 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Keshava Organics Pvt Ltd | ₹58.68 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Praveen Laboratories Private Limited | ₹58.06 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Surat, Gujarat, India |
| Alka Laboratories Private Limited | ₹57.76 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Lakshmidurga Drugs & Intermediates Private Limited | ₹57.5 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Hyderabad, Telangana, India |
| Glochem Industries Private Limited this company | ₹68 Lakh (FY 2023) | •••• | •••• | -62.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Glochem Industries by revenue in the Pharma industry (API Manufacturers), 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 Glochem Industries Private Limited
Glochem Industries Private Limited is audited by Bhaskar Rao & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhaskar Rao & Associates | 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.
Ownership and Shareholding of Glochem Industries Private 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 Glochem Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2015 | Glochem Industries Limited | ₹32.69 Cr | Satisfied |
| 23 Mar 2015 | Punjab National Bank | ₹1.3 Cr | Satisfied |
| 13 Dec 2012 | Punjab National Bank | ₹1.3 Cr | Satisfied |
| 30 Apr 2012 | Punjab National Bank (On Behalf of Pnb Consortium Where Pnb & Axis Bank Ltd Are Members) | ₹24.38 Cr | Satisfied |
| 03 Jan 2007 | Axis Bank Limited | ₹4.75 Cr | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Glochem Industries Private Limited
Glochem Industries Private Limited has 7 court cases on record: 3 filed by Glochem Industries, 4 filed against it. 1 case is pending and 6 are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed against the company by The Oriental Insurance Company Limited | Pending |
| High Court for State of Telangana | Court case (COMCA) | Filed against the company by The Oriental Insurance Co., Ltd | Disposed |
| High Court for State of Telangana | Revision petition | Filed by the company against M/S.The Oriental Insurance Co.Ltd | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed by the company against Lohita Life Sciences Pvt.Ltd | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 7 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.
MSME Payment Delays by Glochem Industries Private Limited
Glochem Industries Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 96 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Benzo Chem Industries Pvt Ltd | •••• | •••• | •••• |
| Lofty Laboratories Private Limited | •••• | •••• | •••• |
| Leopro Technologies Private Limited | •••• | •••• | •••• |
| Benzo Chem Industries Pvt Ltd | •••• | •••• | •••• |
| Manasa Life Sciences | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Glochem Industries Private Limited
Glochem Industries Private Limited has a workforce of 195 employees as of Mar 30, 2024.
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 Glochem Industries Private Limited
Glochem Industries has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Glochem Api Private Limited | U24230TG2020PTC146205 | Locked |
| Evertogen Life Sciences Limited | U24232TG2013PLC085349 | Locked |
| K.R.R. Drugs & Intermediates Private Limited | U24239AP2002PTC038417 | Locked |
| Priche Generics Private Limited | U74999TG2016PTC112294 | Locked |
| Lytica Labs Private Limited | U74999TG2017PTC120942 | Locked |
Showing major subsidiaries. Total: 5.
Recent Activity on Glochem Industries Private Limited
Glochem Industries Private Limited has 14 board changes on record since 1999: 3 appointments and 11 cessations. The latest: Kalyan Nagururu ceased to be Director on 31 Mar 2022.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glochem Industries Private 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.
Subsidiaries & Group Companies of Glochem Industries Private 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 Glochem Industries Private Limited
Glochem Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACG9134E1ZS | Telangana | 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 Glochem Industries Private 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 Glochem Industries Private Limited
Glochem Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Glochem Industries was a private limited company based in Hyderabad, Telangana, India. The company worked in api manufacturers, within the pharma industry. It was incorporated on 20 November 1995 and is registered under CIN U24110TG1995PTC022303. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Glochem Industries was incorporated on 20 November 1995. It is registered with the Registrar of Companies, Hyderabad.
Glochem Industries had 3 directors:
- Subbarao Kattamuri - Managing Director
- Hazarath Basha Shaik - Whole-Time Director
- Vikram Ravindra Mamidipudi - Director
The CIN (Corporate Identification Number) of Glochem Industries is U24110TG1995PTC022303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Glochem Industries is at G.V. Chambers 7 – 2 – C8 & C82 Ida Sanatnagar, Hyderabad, Telangana, India – 500018.
Glochem Industries can be reached through the website glochemindia.com. Its registered office is in Hyderabad, Telangana, India.
Glochem Industries reported revenue of ₹68 Lakh for FY 2023 (down 62% YoY).
Glochem Industries has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹1.97 Cr.
Glochem Industries reported a net loss of ₹19.33 Cr and EBITDA of -₹9.74 Cr for FY 2023, as per its filed financial statements.
The GSTIN of Glochem Industries is 36AAACG9134E1ZS, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Glochem Industries operated in the pharma industry, in the api manufacturers segment.