Glory Boys Apparels Private Limited
About Glory Boys Apparels Private Limited
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Glory Boys Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52322KA1994PTC016084. Its GSTIN is 29AAACG3713B1Z4 (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹34.04 Lakh. It is led by directors Narayanan Kutty Nair and Sureshkumar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.34 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹20.55 Lakh (net margin 8.8%) and EBITDA of ₹31.19 Lakh (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 32% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glory Boys Apparels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressKasturi Industrial Estate 28/1 & 28/2 Siddana Hosahalli Tumkur Rd Maranayakana Hall, I, Bangalore, Karnataka, India – 562123
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Glory Boys Apparels Private Limited, buy the company report.
- 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
Financials of Glory Boys Apparels Private Limited
FY 2025 filings availableGlory Boys Apparels Private Limited reported revenue of ₹2.34 Cr (down 85% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 85% fall in the latest year. EBITDA fell 53% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.55 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Glory Boys Apparels Private Limited, buy the company report.
Board of directors of Glory Boys Apparels Private Limited
Glory Boys Apparels has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Kutty Nair | Director | 18 Sep 2014 | 12 Years 1 Months | Current |
| Sureshkumar | Director | 28 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Glory Boys Apparels Private Limited is audited by SHANKARLAL JAIN & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKARLAL JAIN & ASSOCIATES LLP | FY 2019 | 109901W |
Shareholding
The shareholding of Glory Boys Apparels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Glory Boys Apparels Private Limited, buy the company report.
Legal cases
Glory Boys Apparels Private Limited has 6 court cases on record: 4 filed by Glory Boys Apparels, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S. Sonal Garments (India) Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India (Through the Joint Secy) | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Union of India (Through the Joint Secy) | Disposed |
To see the full case history of Glory Boys Apparels Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Glory Boys Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glory Boys Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG3713B1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glory Boys Apparels Private Limited, buy the company report.
Recent activity
Glory Boys Apparels Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Joykrishna Hasmukhlal Dalia ceased to be Director on 19 May 2021.
2 earlier events are in the company report.
Frequently asked questions
Glory Boys Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 August 1994 (32+ years old) and is registered under CIN U52322KA1994PTC016084.
Glory Boys Apparels has 2 current directors:
- Narayanan Kutty Nair - Director
- Sureshkumar - Director
The latest financial statements of Glory Boys Apparels 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 Glory Boys Apparels is 29AAACG3713B1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Glory Boys Apparels is U52322KA1994PTC016084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glory Boys Apparels has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the district courts.
Glory Boys Apparels was incorporated on 18 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Joykrishna Hasmukhlal Dalia ceased to be Director on 19 May 2021. Sureshkumar ceased to be Additional Director on 31 Dec 2020. Sureshkumar was appointed as Director on 28 Aug 2020. Glory Boys Apparels has 11 board changes on record in total.
The registered office of Glory Boys Apparels is at Kasturi Industrial Estate 281 & 282 Siddana Hosahalli Tumkur Rd Maranayakana Hall, I, Bangalore, Karnataka, India – 562123.
Glory Boys Apparels operates in the manufacturing industry, in the textile and fabric production segment.
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