About GLS Films Industries Private Limited
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GLS Films Industries Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 30 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74950HR2003PTC127247. Its GSTIN is 06AADCG5681K1ZB (Haryana). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.67 Cr. It was formerly known as Gls Film Industries Private Limited and Gls Industries Private Limited. It is led by directors Sandeep Goyal and Kanta Goyal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹634.69 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹8.11 Cr (net margin 1.3%) and EBITDA of ₹44.48 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 278 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹239.42 Cr and satisfied charges of ₹196.67 Cr on record. Court records list 43 cases involving the company, including 26 filed by the company and 18 filed against it; 7 cases are pending. The company has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹40.63 Cr; the latest was in September 2025. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Uma Polymers Limited with revenue of ₹748.65 Cr. The company has 18 MSME Form 1 returns on record between 2017 and 2024, listing 877 overdue payments to 120 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glsind.com.
Company details
Name history
GLS Films Industries has undergone 2 name changes throughout its history. The company was previously known as Gls Film Industries Private Limited, and Gls Industries Private Limited. The current legal name is Gls Films Industries Private Limited.
| Company Name | Status |
|---|---|
| GLS Films Industries Private Limited | Current |
| Gls Film Industries Private Limited | Previous |
| Gls Industries Private Limited | Previous |
CIN history
GLS Films Industries has one previous CIN (Corporate Identification Number): U74950DL2003PTC120112. The current CIN is U74950HR2003PTC127247, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74950HR2003PTC127247 | Current |
| U74950DL2003PTC120112 | Previous |
Contact details
GLS Films Industries Private Limited's registered office is in Gurgaon, Haryana. Its website is glsind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. Sf – 207 To 209, Jmd Pacific Square Sector – 15 Part – II, Gurgaon, Haryana, India – 122001
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of GLS Films Industries 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
Business activity
The main business activity of GLS Films 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 GLS Films Industries Private Limited, buy the company report.
Financials of GLS Films Industries Private Limited
FY 2024 filings availableGLS Films Industries Private Limited reported revenue of ₹634.69 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹44.48 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of GLS Films Industries Private Limited, buy the company report.
Board of directors of GLS Films Industries Private Limited
GLS Films Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Goyal | Director | 30 Apr 2003 | 23 Years 6 Months | Current |
| Kanta Goyal | Director | 20 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
GLS Films Industries Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| Uma Polymers Limited | ₹748.65 Cr (FY 2025) | 8.0% | Jodhpur, Rajasthan, India | |||
| Paharpur 3P Private Limited | ₹678.36 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| GLS Films Industries Private Limitedthis company | ₹634.69 Cr (FY 2024) | ₹8.11 Cr | 1.3% | -21.0% | 286 | Gurgaon, Haryana, India |
| Kris Flexipacks Private Limited | ₹621.52 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Balmer Lawrie-Van Leer Limited | ₹584.87 Cr (FY 2025) | 4.0% | Navi Mumbai, Maharashtra, India | |||
| Shankar Packagings Limited | ₹528.05 Cr (FY 2025) | 8.0% | Vaghodia, Gujarat, India | |||
| Kuloday Technopack Private Limited | ₹519.95 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of GLS Films Industries Private Limited, buy the company report.
Auditor
GLS Films Industries Private Limited is audited by Goel S & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goel S & Co. | FY 2023 | 037140N |
Shareholding
The shareholding of GLS Films 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 GLS Films Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2023 | 100823073 | Others | ₹15 Cr | Open | |
| 03 Sep 2022 | 100608661 | Axis Bank Limited | ₹48 Cr | Open | |
| 25 Jul 2022 | 100633482 | Others | ₹20 Cr | Open | |
| 14 Feb 2022 | 100543915 | Axis Bank Limited | ₹50 Lakh | Open | |
| 15 Dec 2020 | 100427311 | Hdfc Bank Limited | ₹17.54 Lakh | Open |
To see the full charge records of GLS Films Industries Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
GLS Films Industries Private Limited has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹40.63 Cr; the latest was in September 2025.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Pallavi Portfolio Management LLP Seller: GLS Logistics Private Limited |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Sandeep Laminators Private Limited Seller: Tovay Ink India Private Limited , Samarpit Polyfilm India Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pallavi Portfolio Management LLP , Monica Enterprises Private Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Pallavi Portfolio Management LLP , an individual Seller: Goyal Pro Private Limited , Deesha Tie Up Pvt Ltd , G&G Pharma Private Limited |
| Mar 2014 | Funding round | ₹7 Cr | Investors: Monica Enterprises Private Limited |
To see the full deal history of GLS Films Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GLS Films Industries Private Limited has 43 court cases on record: 26 filed by GLS Films Industries, 18 filed against it. 7 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 9 | 3 |
| High courts | 13 | 4 | 4 |
| Supreme Court | 4 | 3 | 0 |
| NCLAT | 3 | 2 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Kundan Precision Components Pvt. Limited | Pending |
| High Court, HARYANA | Appeal | Filed against the company by M/S GLS Films Industries Pvt Ltd and 1 other | Pending |
| High Court, HARYANA | Appeal | Filed by the company against M/S GLS Films Industries Pvt Ltd and 2 others | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Chemical Suppliers India Pvt Ltd Etc and 2 others | Pending |
| Supreme Court | Court case | Filed against the company by Chemical Suppliers India Private Limited | Disposed |
To see the full case history of GLS Films 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.
Credit ratings & regulatory alerts
GLS Films Industries Private Limited was last rated by Care on 04 Aug 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Aug 2023 |
To see the full credit ratings and regulatory alerts of GLS Films Industries Private Limited, buy the company report.
MSME payment delays
GLS Films Industries Private Limited has 18 MSME Form 1 returns on record between 2017 and 2024, listing 877 overdue payments to 120 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 120)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Inpack Solutions India | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of GLS Films Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
GLS Films Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
GLS Films Industries Private Limited has a workforce of 286 employees on its EPFO records as of Aug 18, 2025, across 1 active EPFO establishment.
GST
GLS Films Industries has 8 GST registrations: 3 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCG5681K1ZB | Haryana | Active | 01 Jul 2017 |
| 03AADCG5681K1ZH | Punjab | Active | 01 Jul 2017 |
| 04AADCG5681K2ZE | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GLS Films Industries Private Limited, buy the company report.
Recent activity
GLS Films Industries Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Gulshan Dua ceased to be Additional Director on 03 Jun 2020.
43 earlier events are in the company report.
Frequently asked questions
GLS Films Industries is an active private limited company based in Gurgaon, Haryana, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 30 April 2003 (23+ years old) and is registered under CIN U74950HR2003PTC127247.
GLS Films Industries has 2 current directors:
- Sandeep Goyal - Director
- Kanta Goyal - Director
The latest financial statements of GLS Films Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of GLS Films Industries is 06AADCG5681K1ZB, registered in Haryana. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 03AADCG5681K1ZH (Punjab), 04AADCG5681K2ZE (Chandigarh).
The CIN (Corporate Identification Number) of GLS Films Industries is U74950HR2003PTC127247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GLS Films Industries has 43 court cases on record: 26 filed by the company and 18 filed against it. 7 are pending. Most are in the district courts.
GLS Films Industries was incorporated on 30 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
GLS Films Industries has 13 deals on record (7 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹40.63 Cr; the latest was in September 2025.
The peers of GLS Films Industries by revenue are Uma Polymers Limited, Paharpur 3P Private Limited, Kris Flexipacks Private Limited, Balmer Lawrie-Van Leer Limited, Shankar Packagings Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Gulshan Dua ceased to be Additional Director on 03 Jun 2020. Kanta Goyal was appointed as Director on 20 Mar 2020. Kanta Goyal ceased to be Director on 13 Jan 2020. GLS Films Industries has 4 board changes on record in total.
GLS Films Industries has 18 MSME Form 1 returns on record between 2017 and 2024, listing 877 overdue payments to 120 micro and small suppliers. The latest return was filed on 04 May 2024.
GLS Films Industries can be reached through the website glsind.com. Its registered office is in Gurgaon, Haryana, India.
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