MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-07-0000016
Glowstone Industries Private Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹176.37 Cr
▲ 11% YoY
Net profit · FY 2025
₹8.89 Cr
Net margin 5%
EBITDA · FY 2025
₹21.47 Cr
EBITDA margin 12.2%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹12 Cr
Issued & subscribed
Open charges
₹94.92 Cr
Satisfied ₹21.66 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
174
Provident fund records
About Glowstone Industries Private Limited
Data last updated:
Glowstone Industries Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 07 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14200RJ2014PTC045713. Its GSTIN is 08AAFCG6300F1ZY (Rajasthan).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It is led by directors including Ankit Toshniwal and Abhinav Vinodkumar Jain.
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 Village Baran Tehsil Banera, Bhilwara, Rajasthan, India – 311401.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.37 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹8.89 Cr (net margin 5%) and EBITDA of ₹21.47 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 28% over five years.
The company has about 174 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Glowstone. As per MCA filings, the company has open charges of ₹94.92 Cr and satisfied charges of ₹21.66 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending.
Glowstone Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0000016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowstone.in.
Company details
CIN U14200RJ2014PTC045713
Registration Number 045713
Incorporation Date 07 June 2014
ROC Jaipur
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 Medium
Udyam Registration UDYAM-RJ-07-0000016
Key People
Ankit Toshniwal Director Abhinav Vinodkumar Jain Director Krishan Gopal Suvalal Toshniwal Director Recognitions & Rankings of Glowstone Industries
Contact details
Glowstone Industries Private Limited's registered office is in Bhilwara, Rajasthan. Its website is glowstone.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Baran Tehsil Banera, Bhilwara, Rajasthan, India – 311401
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Glowstone Industries Private Limited, buy the company report.
Comprehensive company report
Glowstone Industries 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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Brands
Glowstone Industries operates one associated brand: GLOWSTONE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures durable quartz surfaces for countertops and interior designs. | glowstone.co.in |
Business activity
The main business activity of Glowstone Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Glowstone Industries Private Limited, buy the company report.
Financials of Glowstone Industries Private Limited
FY 2025 filings availableGlowstone Industries Private Limited reported revenue of ₹176.37 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹176.37 Cr ▲ 11%
Net profit · FY 2025
₹8.89 Cr margin 5%
EBITDA · FY 2025
₹21.47 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 9%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 17%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 11% growth in the latest year. EBITDA rose 1% 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 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 | ₹21.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.89 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 5% | ||||
| 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 Glowstone Industries Private Limited, buy the company report.
Board of directors of Glowstone Industries Private Limited
Glowstone Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Toshniwal | Director | 07 Jun 2014 | 12 Years 4 Months | Current |
| Abhinav Vinodkumar Jain Also directs: Aman Sulz Private Limited | Director | 07 Jun 2014 | 12 Years 4 Months | Current |
| Krishan Gopal Suvalal Toshniwal Also directs: Eternal Surfaces Private Limited | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Glowstone Industries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanvis Ceramic Private Limited | ₹178.61 Cr (FY 2025) | -4.0% | Jasmatgadh, Gujarat, India | |||
| Gryphon Ceramics Private Limited | ₹178.49 Cr (FY 2025) | 4.0% | Ghuntu, Gujarat, India | |||
| Creanza Ceramic Private Limited | ₹177.63 Cr (FY 2025) | -15.0% | Morbi, Gujarat, India | |||
| Glowstone Industries Private Limitedthis company | ₹176.37 Cr (FY 2025) | ₹8.89 Cr | 5% | 11.0% | 174 | Bhilwara, Rajasthan, India |
| Lioli Ceramica Private Limited | ₹175.4 Cr (FY 2024) | -14.0% | Morbi, Gujarat, India | |||
| Nextile Marbosys Private Limited | ₹174.66 Cr (FY 2023) | 18.0% | Morbi, Gujarat, India | |||
| Duracon Vitrified Private Limited | ₹169.99 Cr (FY 2024) | 4.0% | Wankaner, Gujarat, India | |||
| Ibis Smart Marble Private Limited | ₹165.76 Cr (FY 2025) | -2.0% | Morbi, Gujarat, India |
To see the full peer comparison of Glowstone Industries Private Limited, buy the company report.
Auditor
Glowstone Industries Private Limited is audited by D.P.DAGA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.P.DAGA & CO | FY 2023 | 0005324C |
Shareholding
The shareholding of Glowstone Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glowstone Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹94.92 Cr
Satisfied charges
₹21.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2024 | 100904791 | Hdfc Bank Limited | ₹49.82 Lakh | Open | |
| 29 Aug 2023 | 100787056 | Hdfc Bank Limited | ₹1.32 Cr | Open | |
| 23 Nov 2021 | 100527211 | Axis Bank Limited | ₹76.7 Lakh | Open | |
| 16 Mar 2021 | 100438824 | Axis Bank Limited | ₹9.95 Cr | Open | |
| 05 Dec 2020 | 100399614 | Axis Bank Limited | ₹82.39 Cr | Open |
To see the full charge records of Glowstone Industries Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Glowstone Industries Private Limited has 5 court cases on record: 2 filed by Glowstone Industries, 3 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by M/S Pinaka Power and Electronics | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Ajmer, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
| District court, Bhilwara, Rajasthan | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Glowstone Industries 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 Glowstone Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glowstone Industries Private Limited has a workforce of 174 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
174
Active EPFO establishments
1
Employee growth
37.01%
GST
Glowstone Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCG6300F1ZY | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glowstone Industries Private Limited, buy the company report.
Recent activity
Glowstone Industries Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Anjali Jain ceased to be Director on 10 May 2018.
AGM
Glowstone Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glowstone Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Axis Bank Limited of Rs. 82.39 Cr registered on 05 Dec 2020 with Charge ID 100399614 was modified on 25 Jan 2025.
Charges
A charge registered on 24 Dec 2020 via Charge ID 100417485 with Hdfc Bank Limited was fully satisfied on 24 Mar 2024.
Charges
A charge registered on 14 Dec 2020 via Charge ID 100422340 with Hdfc Bank Limited was fully satisfied on 24 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100904791 was registered on 14 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.32 Cr with Charge ID 100787056 was registered on 29 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.77 Cr with Charge ID 100527211 was registered on 23 Nov 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.95 Cr with Charge ID 100438824 was registered on 16 Mar 2021.
Charges
A charge with Axis Bank Limited of Rs. 9.95 Cr registered on 16 Mar 2021 with Charge ID 100438824 was modified on 16 Mar 2021.
Charges
A charge registered on 04 Jul 2020 via Charge ID 100352809 with Indian Overseas Bank was fully satisfied on 11 Feb 2021.
Charges
A charge registered on 03 Feb 2020 via Charge ID 100321029 with Others was fully satisfied on 11 Feb 2021.
16 earlier events are in the company report.
Frequently asked questions
Glowstone Industries is an active private limited company based in Bhilwara, Rajasthan, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 07 June 2014 (12+ years old) and is registered under CIN U14200RJ2014PTC045713.
Glowstone Industries has 3 current directors:
- Ankit Toshniwal - Director
- Abhinav Vinodkumar Jain - Director
- Krishan Gopal Suvalal Toshniwal - Director
The latest financial statements of Glowstone Industries 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 Glowstone Industries is 08AAFCG6300F1ZY, registered in Rajasthan.
The CIN (Corporate Identification Number) of Glowstone Industries is U14200RJ2014PTC045713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowstone Industries has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Glowstone Industries was incorporated on 07 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Glowstone Industries by revenue are Sanvis Ceramic Private Limited, Gryphon Ceramics Private Limited, Creanza Ceramic Private Limited, Lioli Ceramica Private Limited, Nextile Marbosys Private Limited and 2 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Anjali Jain ceased to be Director on 10 May 2018. Asha Devi Toshniwal ceased to be Director on 28 Jan 2016. Krishan Gopal Suvalal Toshniwal was appointed as Director on 25 Jan 2016. Glowstone Industries has 5 board changes on record in total.
Yes, Glowstone Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-07-0000016).
Glowstone Industries can be reached through the website glowstone.in. Its registered office is in Bhilwara, Rajasthan, India.
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