About Gulbrandsen Technologies (India) Private Limited
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Gulbrandsen Technologies (India) Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Ew Ltd, Mauritius. It operates in the business process outsourcing sector. It was incorporated on 21 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2003PTC042402. Its GSTIN is 24AABCG9006E1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹78.51 Lakh. It is led by directors including Vikram Singhal (Managing Director) and Donald Edward Gulbrandsen.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹738.25 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹171.3 Cr (net margin 23.2%) and EBITDA of ₹261.59 Cr (EBITDA margin 35.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 12% over five years.
The company has about 287 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Gulbrandsen and Gulbrandsen Technologies. As per MCA filings, the company has open charges of ₹282.61 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2011. Its 6 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is Unitop Chemicals Private Limited with revenue of ₹774.29 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2023, listing 105 overdue payments to 23 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 gulbrandsentechnologies.com.
Company details
Contact details
Gulbrandsen Technologies (India) Private Limited's registered office is in Vadodara, Gujarat. Its website is gulbrandsentechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address405 Synergy Square, Krishna Industrial Estate Gorwa, Vadodara, Gujarat, India – 390016
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Gulbrandsen Technologies (India) 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
Brands
Gulbrandsen Technologies (India) operates two associated brands: Gulbrandsen and Gulbrandsen Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures specialty chemicals for process industries worldwide with global logistics. | gulbrandsen.com | |
| Chemical solutions for Personal Care, Water Treatment, and Life Sciences sectors. | gulbrandsentechnologies.com |
Business activity
The main business activities of Gulbrandsen Technologies (India) are manufacturing and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Financials of Gulbrandsen Technologies (India) Private Limited
FY 2024 filings availableGulbrandsen Technologies (India) Private Limited reported revenue of ₹738.25 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA rose 31% 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 | ₹261.59 Cr | ||||
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| Net Profit (PAT) | ₹171.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 35.4% | ||||
| Net Profit Margin | 23.2% | ||||
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To see the full financial statements and ratios of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Board of directors of Gulbrandsen Technologies (India) Private Limited
Gulbrandsen Technologies (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Singhal | Managing Director | 21 May 2003 | 23 Years 5 Months | Current |
| Upendra Laljibhai Thakkar | Additional Director | 17 Mar 2025 | 1 Years 7 Months | Current |
| Donald Edward Gulbrandsen | Director | 21 May 2003 | 23 Years 5 Months | Current |
Peer comparison
Gulbrandsen Technologies (India) Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unitop Chemicals Private Limited | ₹774.29 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Gramercy Trade Industries Private Limited | ₹767.72 Cr (FY 2025) | 1324.0% | Pune, Maharashtra, India | |||
| Eskay Iodine Private Limited | ₹741.41 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Gulbrandsen Technologies (India) Private Limitedthis company | ₹738.25 Cr (FY 2024) | ₹171.3 Cr | 23.2% | 5.0% | 287 | Vadodara, Gujarat, India |
| Valiant Organics Limited | ₹727.4 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Baerlocher India Additives Private Limited | ₹715.01 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Gargi Huttenes Albertus Private Limited | ₹686.13 Cr (FY 2025) | 7.0% | Chembur Mumbai, Maharashtra, India |
To see the full peer comparison of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Auditor
Gulbrandsen Technologies (India) Private Limited is audited by HARIBHAKTI & for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARIBHAKTI & | FY 2022 | 103523W |
Shareholding
The shareholding of Gulbrandsen Technologies (India) 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101164252 | Hdfc Bank Limited | ₹77.78 Cr | Open | |
| 23 Jan 2023 | 100670698 | Citi Bank N.A. | ₹45 Cr | Open | |
| 04 Mar 2022 | 100552647 | Citi Bank N.A. | ₹65.83 Cr | Open | |
| 23 Oct 2010 | 10248059 | Others | ₹38 Cr | Open | |
| 06 Jul 2010 | 10228624 | Others | ₹56 Cr | Open |
To see the full charge records of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Gulbrandsen Technologies (India) Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Funding round | ₹1.13 Cr | Investors: EW Limited |
| Dec 2007 | Funding round | ₹21 Lakh | Investors: EW Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gulbrandsen Technologies (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by PR. Commissioner of Incomet Tax Vadodara 1 | Disposed |
To see the full case history of Gulbrandsen Technologies (India) 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
Gulbrandsen Technologies (India) Private Limited was last rated by Crisil on 31 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2021 |
To see the full credit ratings and regulatory alerts of Gulbrandsen Technologies (India) Private Limited, buy the company report.
MSME payment delays
Gulbrandsen Technologies (India) Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 105 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Zed Furniture Industries | |||
| Synergy Techno Support & Solutions LLP |
To see the full MSME payment records of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Gulbrandsen Technologies (India) 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
Gulbrandsen Technologies (India) Private Limited has a workforce of 287 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Gulbrandsen Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG9006E1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gulbrandsen Technologies (India) Private Limited, buy the company report.
Recent activity
Gulbrandsen Technologies (India) Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Upendra Laljibhai Thakkar was appointed as Additional Director on 17 Mar 2025.
8 earlier events are in the company report.
Frequently asked questions
Gulbrandsen Technologies (India) is an active private limited company based in Vadodara, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 21 May 2003 (23+ years old) and is registered under CIN U72200GJ2003PTC042402.
Gulbrandsen Technologies (India) has 3 current directors:
- Vikram Singhal - Managing Director
- Upendra Laljibhai Thakkar - Additional Director
- Donald Edward Gulbrandsen - Director
The latest financial statements of Gulbrandsen Technologies (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gulbrandsen Technologies (India) is 24AABCG9006E1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Gulbrandsen Technologies (India) is U72200GJ2003PTC042402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gulbrandsen Technologies (India) has 1 court case on record: 1 filed against it.
Gulbrandsen Technologies (India) was incorporated on 21 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gulbrandsen Technologies (India) has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.34 Cr; the latest was in March 2011.
The peers of Gulbrandsen Technologies (India) by revenue are Unitop Chemicals Private Limited, Gramercy Trade Industries Private Limited, Eskay Iodine Private Limited, Valiant Organics Limited, Baerlocher India Additives Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Upendra Laljibhai Thakkar was appointed as Additional Director on 17 Mar 2025. David Dean Drollinger ceased to be Director on 05 Oct 2021. Donald Edward Gulbrandsen was appointed as Director on 21 May 2003. Gulbrandsen Technologies (India) has 4 board changes on record in total.
Gulbrandsen Technologies (India) has 7 MSME Form 1 returns on record between 2021 and 2023, listing 105 overdue payments to 23 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Gulbrandsen Technologies (India) can be reached through the website gulbrandsentechnologies.com. Its registered office is in Vadodara, Gujarat, India.
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