Gopal Glass Works Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U26100GJ1996PLC030028 Incorporated 26 June 1996 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company manufacturing
Revenue · FY 2025
₹381.29 Cr
▼ 8% YoY
Net profit · FY 2025
₹50.65 Cr
Net margin 13.3%
EBITDA · FY 2025
₹73.61 Cr
EBITDA margin 19.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.93 Cr
Issued & subscribed
Open charges
₹107.8 Cr
Satisfied ₹30 Lakh
Company age
30 yrs
Est. 1996
Employees · EPFO
389
Provident fund records

About Gopal Glass Works Limited

Data last updated:

Gopal Glass Works Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 26 June 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26100GJ1996PLC030028. Its GSTIN is 24AABCG2537J1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.93 Cr. It was formerly known as Gopal Mirror Coating Private Limited and Gopal Mirror Coating Limited. It is led by directors including Mayuresh Jayantilal Shah (Managing Director) and Vikesh Jayantilal Shah (Managing Director).

Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 182 Gagan Vihar Khanpur Nr Sabar Hotel, Ahmedabad, Gujarat, India – 380001.

As per the financials filed for FY 2025, the company reported a revenue of ₹381.29 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹50.65 Cr (net margin 13.3%) and EBITDA of ₹73.61 Cr (EBITDA margin 19.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 13% over five years.

The company has about 389 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Gopal Glass Works. As per MCA filings, the company has open charges of ₹107.8 Cr and satisfied charges of ₹30 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gopalglass.com.

Company details

CIN U26100GJ1996PLC030028
Registration Number 030028
Incorporation Date 26 June 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Name history

Gopal Glass Works has undergone 2 name changes throughout its history. The company was previously known as Gopal Mirror Coating Private Limited, and Gopal Mirror Coating Limited. The current legal name is Gopal Glass Works Limited.

Company NameStatus
Gopal Glass Works LimitedCurrent
Gopal Mirror Coating Private LimitedPrevious
Gopal Mirror Coating LimitedPrevious

CIN history

Gopal Glass Works has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26100GJ1996PLC030028, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U26100GJ1996PLC030028Current
U26100GJ1996PTC030028Previous
U24250GJ1996PTC030028Previous

Contact details

Gopal Glass Works Limited's registered office is in Ahmedabad, Gujarat. Its website is gopalglass.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    182 Gagan Vihar Khanpur Nr Sabar Hotel, Ahmedabad, Gujarat, India – 380001
  • Industry
    Manufacturing, Glass & Products

To see the full contact details of Gopal Glass Works Limited, buy the company report.

Comprehensive company report
Gopal Glass Works 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

Gopal Glass Works operates one associated brand: Gopal Glass Works. Each brand links to its own profile.

BrandDescriptionWebsite
Specializes in manufacturing high-quality glass products.gopalglass.com

Business activity

The main business activity of Gopal Glass Works is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Gopal Glass Works Limited, buy the company report.

Financials of Gopal Glass Works Limited

FY 2024 filings available

Gopal Glass Works Limited reported revenue of ₹381.29 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹381.29 Cr ▼ 8%
Net profit · FY 2025
₹50.65 Cr margin 13.3%
EBITDA · FY 2025
₹73.61 Cr margin 19.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 7%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 2%
5 years · compounded
▲ 21%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 19% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹73.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹50.65 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin19.3%
Net Profit Margin13.3%
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 Gopal Glass Works Limited, buy the company report.

Board of directors of Gopal Glass Works Limited

Gopal Glass Works has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yash Narendra ChoksiDirector15 Jan 20215 Years 9 MonthsCurrent
Manan Vikeshkumar ShahDirector25 Jan 20188 Years 9 MonthsCurrent
Purvish Mayuresh ShahDirector25 Jan 20188 Years 9 MonthsCurrent
Devang Haridas ShahWhole-Time Director26 Jun 199630 Years 4 MonthsCurrent
Mayuresh Jayantilal ShahManaging Director26 Jun 199630 Years 4 MonthsCurrent
Vikesh Jayantilal ShahManaging Director26 Jun 199630 Years 4 MonthsCurrent

Auditor

Gopal Glass Works Limited is audited by Dinesh K Shah & Co for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Dinesh K Shah & CoFY 2024102602W

Shareholding

The shareholding of Gopal Glass Works Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gopal Glass Works Limited, buy the company report.

Charges & borrowings

Open charges
₹107.8 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
State Bank of India₹107.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Sep 2022100614686State Bank of India₹95 CrOpen
23 Feb 199890109755State Bank of India₹12.8 CrOpen
06 May 200290107912Jammu & Kashmir Bank Ltd₹30 LakhSatisfied

To see the full charge records of Gopal Glass Works Limited, buy the company report.

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

Gopal Glass Works Limited was last rated by Care on 04 Jan 2022.

Rating agencyRated onRating
Care04 Jan 2022

To see the full credit ratings and regulatory alerts of Gopal Glass Works Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gopal Glass Works Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Gopal Glass Works Limited has a workforce of 389 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
389
Active EPFO establishments
1
Employee growth
-1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27389
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Gopal Glass Works Limited, buy the company report.

GST

Gopal Glass Works has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AABCG2537J1ZSGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Gopal Glass Works Limited, buy the company report.

Recent activity

Gopal Glass Works Limited has 17 board changes on record since 1996: 6 appointments and 11 cessations. The latest: Yash Narendra Choksi ceased to be Additional Director on 05 Apr 2021.

Charges
A charge with State Bank Of India of Rs. 12.80 Cr registered on 23 Feb 1998 with Charge ID 90109755 was modified on 17 Oct 2025.
AGM
Gopal Glass Works Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
Filing
Gopal Glass Works Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 95.00 Cr with Charge ID 100614686 was registered on 14 Sep 2022.
Ceased
Yash Narendra Choksi ceased to be Additional Director.
Ceased
Devang Haridas Shah ceased to be Director.
Ceased
Vikesh Jayantilal Shah ceased to be Director.
Appointed
Yash Narendra Choksi was appointed as Director.
Ceased
Kantilal Keshavalal Shah ceased to be Director.
Ceased
Jayantilal Jethalal Shah ceased to be Managing Director.
Ceased
Mukesh Manubhai Shah ceased to be Additional Director.
Ceased
Manan Vikeshkumar Shah ceased to be Additional Director.

14 earlier events are in the company report.

Frequently asked questions

Gopal Glass Works is an active public limited company based in Ahmedabad, Gujarat, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 26 June 1996 (30+ years old) and is registered under CIN U26100GJ1996PLC030028.

Gopal Glass Works has 6 current directors:

The latest financial statements of Gopal Glass Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Gopal Glass Works is 24AABCG2537J1ZS, registered in Gujarat. 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 Gopal Glass Works is U26100GJ1996PLC030028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gopal Glass Works has 2 court cases on record: 2 filed by the company. Most are in the district courts.

Gopal Glass Works was incorporated on 26 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Yash Narendra Choksi ceased to be Additional Director on 05 Apr 2021. Devang Haridas Shah ceased to be Director on 01 Apr 2021. Vikesh Jayantilal Shah ceased to be Director on 01 Apr 2021. Gopal Glass Works has 17 board changes on record in total.

Gopal Glass Works can be reached through the website gopalglass.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Gopal Glass Works is at 182 Gagan Vihar Khanpur Nr Sabar Hotel, Ahmedabad, Gujarat, India – 380001.