GSL Textile India Private Limited

GSL Textile India Private Limited - machinery and equipment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U29291PB1994PTC014313 Incorporated 10 March 1994 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2023
₹9.19 Cr
▼ 23% YoY
Net profit · FY 2023
₹8.33 Lakh
Net margin 0.9%
EBITDA · FY 2023
₹56 Lakh
EBITDA margin 6.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹59.35 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Satisfied ₹3.05 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
6
Provident fund records

About GSL Textile India Private Limited

Data last updated:

GSL Textile India Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 10 March 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29291PB1994PTC014313. Its GSTIN is 03AABCG1350K1Z1 (Punjab).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹59.35 Lakh. It was formerly known as Gsl Textile India Limited. It is led by directors including Lakhbir Singh and Charandeep Singh.

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 D 103 Focal Point Phase V, Ludhiana, Punjab, India – 141010.

As per the financials filed for FY 2023, the company reported a revenue of ₹9.19 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹8.33 Lakh (net margin 0.9%) and EBITDA of ₹56 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 23% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹3.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

GSL Textile India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0033546). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gslindia.com.

Company details

CIN U29291PB1994PTC014313
Registration Number 014313
Incorporation Date 10 March 1994
ROC Chandigarh
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 Small
Udyam Registration UDYAM-PB-12-0033546

CIN history

GSL Textile India has one previous CIN (Corporate Identification Number): U29291PB1994PLC014313. The current CIN is U29291PB1994PTC014313, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29291PB1994PTC014313Current
U29291PB1994PLC014313Previous
Key People
Charandeep Singh Additional Director Lakhbir Singh Director Iqbal Kaur Additional Director

Recognitions & Rankings of GSL Textile India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-12-0033546

Contact details

GSL Textile India Private Limited's registered office is in Ludhiana, Punjab. Its website is gslindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gslindia.com
  • Social Media
  • Registered Address
    D 103 Focal Point Phase V, Ludhiana, Punjab, India – 141010
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

To see the full contact details of GSL Textile India Private Limited, buy the company report.

Comprehensive company report
GSL Textile India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of GSL Textile India is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of GSL Textile India Private Limited, buy the company report.

Financials of GSL Textile India Private Limited

FY 2025 filings available

GSL Textile India Private Limited reported revenue of ₹9.19 Cr (down 23% YoY) for FY 2023.

Revenue · FY 2023
₹9.19 Cr ▼ 23%
Net profit · FY 2023
₹8.33 Lakh margin 0.9%
EBITDA · FY 2023
₹56 Lakh margin 6.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 26%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 39%
5 years · compounded
▲ 18%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 14% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.33 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin6.1%
Net Profit Margin0.9%
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 GSL Textile India Private Limited, buy the company report.

Board of directors of GSL Textile India Private Limited

GSL Textile India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Charandeep SinghAdditional Director11 Feb 20251 Years 8 MonthsCurrent
Lakhbir SinghDirector10 Mar 199432 Years 7 MonthsCurrent
Iqbal KaurAdditional Director25 Apr 20251 Years 6 MonthsCurrent
View all directors

Auditor

GSL Textile India Private Limited is audited by R JAIN P BHATIA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R JAIN P BHATIA & ASSOCIATESFY 2021020606N

Shareholding

The shareholding of GSL Textile India Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of GSL Textile India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.1 Cr
Satisfied charges
₹3.05 Cr
Breakdown by lending institutions
Others₹0.90 Cr
Axis Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Aug 2020100373457Axis Bank Limited₹19.77 LakhOpen
15 Jul 200590170175Others₹90 LakhOpen
17 Sep 200580024296Bank of Baroda₹2.57 CrSatisfied
12 Jan 199690171856Anz Groindlays Bank Pic₹2.52 LakhSatisfied
30 May 199490168632Bank of Baroda₹7.5 LakhSatisfied

To see the full charge records of GSL Textile India Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for GSL Textile India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

GSL Textile India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1

GST

GSL Textile India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AABCG1350K1Z1PunjabActive01 Jul 2017

To see the full GST registrations and return filing status of GSL Textile India Private Limited, buy the company report.

Recent activity

GSL Textile India Private Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Ghansham Singh Lotey ceased to be Director on 25 Apr 2025.

AGM
Gsl Textile India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Ghansham Singh Lotey ceased to be Director.
Appointed
Iqbal Kaur was appointed as Additional Director.
Filing
Gsl Textile India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Charandeep Singh was appointed as Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100373457 was registered on 13 Aug 2020.
Charges
A charge registered on 17 Sep 2005 via Charge ID 80024296 with Bank Of Baroda was fully satisfied on 24 Jan 2020.
Ceased
Jaswinder Kaur ceased to be Additional Director.
Charges
A charge with Others of Rs. 0.90 Cr registered on 15 Jul 2005 with Charge ID 90170175 was modified on 11 Sep 2019.
Appointed
Jaswinder Kaur was appointed as Director.
Ceased
Iqbal Kaur ceased to be Director.
Ceased
Charandeep Singh ceased to be Additional Director.

13 earlier events are in the company report.

Frequently asked questions

GSL Textile India is an active private limited company based in Ludhiana, Punjab, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 10 March 1994 (32+ years old) and is registered under CIN U29291PB1994PTC014313.

GSL Textile India has 3 current directors:

The latest financial statements of GSL Textile India 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 GSL Textile India is 03AABCG1350K1Z1, registered in Punjab.

The CIN (Corporate Identification Number) of GSL Textile India is U29291PB1994PTC014313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

GSL Textile India has 1 court case on record: 1 filed by the company.

GSL Textile India was incorporated on 10 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.

Ghansham Singh Lotey ceased to be Director on 25 Apr 2025. Iqbal Kaur was appointed as Additional Director on 25 Apr 2025. Charandeep Singh was appointed as Additional Director on 11 Feb 2025. GSL Textile India has 9 board changes on record in total.

Yes, GSL Textile India is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0033546).

GSL Textile India can be reached through the website gslindia.com. Its registered office is in Ludhiana, Punjab, India.