GLS Electronics Industries Private Limited
About GLS Electronics Industries Private Limited
Data last updated:
GLS Electronics Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2008PTC185384. Its GSTIN is 05AADCG2278E1ZV (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹10.38 Cr. It is led by directors Brijesh Sushil Kumar Lohia and Sanjay Atmaram Singhania.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No.2 Nishit Chs Ltd Ushma Nagar Evershine Nagar Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2018, the company reported a revenue of ₹37.22 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.98 Cr and EBITDA of -₹22.78 Lakh (EBITDA margin -61.2%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹27.75 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressShop No.2 Nishit Chs Ltd Ushma Nagar Evershine Nagar Malad West, Mumbai, Maharashtra, India – 400064
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 GLS Electronics Industries Private Limited
The main business activity of GLS Electronics Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 GLS Electronics Industries Private Limited FY 2018 filings available
GLS Electronics Industries Private Limited reported revenue of ₹37.22 Lakh (down 90% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of GLS Electronics Industries Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 74% over three years, including a 90% fall in the latest year. EBITDA rose 69% 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 GLS Electronics Industries Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹37.22 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹22.78 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.98 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 GLS Electronics Industries Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -61.2% | •••• | •••• | •••• |
| 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 GLS Electronics 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 GLS Electronics Industries Private Limited
GLS Electronics Industries Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rsly Electrical Private Limited | ₹37.42 Lakh (FY 2024) | •••• | •••• | -21.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Next Private Limited | ₹37.38 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Bangalore, Karnataka, India |
| Demetria Technology Private Limited | ₹37.38 Lakh (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Og Power System Private Limited | ₹37.34 Lakh (FY 2018) | •••• | •••• | •••• | Allahabad, Uttar Pradesh, India | |
| Kicksonic India Private Limited | ₹37.24 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Haridwar, Uttarakhand, India |
| GLS Electronics Industries Private Limited this company | ₹37.22 Lakh (FY 2018) | •••• | •••• | -90.0% | •••• | Mumbai, Maharashtra, India |
| Turangmagnetics Solutions Private Limited | ₹37.17 Lakh (FY 2025) | •••• | •••• | 154.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Gelo Technologies Private Limited | ₹37.1 Lakh (FY 2021) | •••• | •••• | 52.0% | •••• | Hyderabad, Telangana, India |
| Samratahal Steel Industries Private Limited | ₹37.08 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Ratlam, Madhya Pradesh, India |
| Sheetal Engineering Works Pvt Ltd | ₹37.03 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Ahmedabad-7, Gujarat, India |
| Electronic Gallery India Private Limited | ₹36.9 Lakh (FY 2025) | •••• | •••• | 888.0% | •••• | Vikas Marg, Delhi, India |
Peers are the five companies nearest above and the five nearest below GLS Electronics Industries by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 GLS Electronics Industries Private Limited
GLS Electronics Industries Private Limited is audited by BAFNA KHUSHBOO & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAFNA KHUSHBOO & 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 GLS Electronics Industries Private Limited
GLS Electronics Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Sushil Kumar Lohia | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Sanjay Atmaram Singhania Also directs: Drisha Impex Private Limited C/N | Director | 02 Aug 2008 | 18 Years 2 Months | Current |
Ownership and Shareholding of GLS Electronics 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 GLS Electronics Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2008 | State Bank of India | ₹27.75 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of GLS Electronics Industries Private Limited
GLS Electronics Industries Private Limited has 1 court case on record: 1 filed by GLS Electronics Industries. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
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 GLS Electronics Industries Private Limited
Employment history and EPFO contributions of people linked to GLS Electronics 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.
Recent Activity on GLS Electronics Industries Private Limited
GLS Electronics Industries Private Limited has 10 board changes on record since 2008: 6 appointments and 4 cessations. The latest: Pravin Jain ceased to be Director on 10 Sep 2015.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for GLS Electronics 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.
MSME Payment Delays by GLS Electronics Industries Private 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 GLS Electronics 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 GLS Electronics Industries Private Limited
GLS Electronics Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AADCG2278E1ZV | Uttarakhand | 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 GLS Electronics 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 GLS Electronics Industries Private Limited
GLS Electronics Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 August 2008 (18+ years old) and is registered under CIN U31401MH2008PTC185384.
GLS Electronics Industries reported revenue of ₹37.22 Lakh for FY 2018 (down 90% YoY).
GLS Electronics Industries has 2 current directors:
- Brijesh Sushil Kumar Lohia - Director
- Sanjay Atmaram Singhania - Director
GLS Electronics Industries reported a net loss of ₹1.98 Cr and EBITDA of -₹22.78 Lakh (EBITDA margin -61.2%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of GLS Electronics Industries is -74% over three years. In the latest year (FY 2018) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of GLS Electronics Industries is 05AADCG2278E1ZV, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of GLS Electronics Industries is U31401MH2008PTC185384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GLS Electronics Industries has 1 court case on record: 1 filed by the company.
GLS Electronics Industries was incorporated on 02 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of GLS Electronics Industries by revenue are Rsly Electrical Private Limited, Next Private Limited, Demetria Technology Private Limited, Og Power System Private Limited, Kicksonic India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Pravin Jain ceased to be Director on 10 Sep 2015. Deepak Badiyani ceased to be Additional Director on 28 Sep 2013. Dhanishkumar Jain ceased to be Additional Director on 28 Sep 2013. GLS Electronics Industries has 10 board changes on record in total.