About Sisecam Flat Glass India Private Limited
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Sisecam Flat Glass India Private Limited is a private limited company based in Halol, Gujarat, India, a subsidiary of Turkiye Sise Ve Cam Fabrikalari As. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 29 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26101GJ2006PTC113291. Its GSTIN is 24AABCH7942Q1Z2 (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹330 Cr and a paid-up capital of ₹307.92 Cr. It was formerly known as Hng Float Glass Limited. and Sisecam Flat Glass India Limited. It is led by directors including Nirmalendu Ghosh (Whole-Time Director) and Melih Tolga Guven.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Halol GIDC Phase III Champaner Road Halol, Gujarat, India – 389351.
As per the financials filed for FY 2025, the company reported a revenue of ₹750.89 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹9.75 Cr (net margin 1.3%) and EBITDA of ₹77.72 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 264 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹699.21 Cr on record. Court records list 150 cases involving the company, including 47 filed by the company and 103 filed against it; 7 cases are pending. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹392.5 Cr; the latest was in March 2022. Its 6 peer companies in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 5 larger and 1 smaller; the largest is Borosil Renewables Limited with revenue of ₹1,514.58 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2022, listing 151 overdue payments to 98 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 sisecamflatglass.com.
Company details
Name history
Sisecam Flat Glass India has undergone 3 name changes throughout its history. The company was previously known as Hng Float Glass Limited., Sisecam Flat Glass India Limited, and Hng Float Glass Limited. The current legal name is Sisecam Flat Glass India Private Limited.
| Company Name | Status |
|---|---|
| Sisecam Flat Glass India Private Limited | Current |
| Hng Float Glass Limited. | Previous |
| Sisecam Flat Glass India Limited | Previous |
| Hng Float Glass Limited | Previous |
CIN history
Sisecam Flat Glass India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26101GJ2006PTC113291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26101GJ2006PTC113291 | Current |
| U26101WB2006PTC111182 | Previous |
| U26101WB2006PLC111182 | Previous |
Contact details
Sisecam Flat Glass India Private Limited's registered office is in Halol, Gujarat. Its website is sisecamflatglass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHalol GIDC Phase III Champaner Road Halol, Gujarat, India – 389351
- IndustryManufacturing, Glass & Products
To see the full contact details of Sisecam Flat Glass 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
Business activity
The main business activity of Sisecam Flat Glass India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sisecam Flat Glass India Private Limited, buy the company report.
Financials of Sisecam Flat Glass India Private Limited
FY 2025 filings availableSisecam Flat Glass India Private Limited reported revenue of ₹750.89 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 28% growth in the latest year. EBITDA rose 357% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹77.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.75 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sisecam Flat Glass India Private Limited, buy the company report.
Board of directors and KMP of Sisecam Flat Glass India Private Limited
Sisecam Flat Glass India Private Limited currently reports 7 directors and 2 key managerial personnel. 29 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Melih Tolga Guven | Director | 12 Jul 2023 | 3 Years 3 Months | Current |
| Swapnil Yogeshbhai Thakkar | Company Secretary | 16 May 2024 | 2 Years 5 Months | Current |
| Saliha Ebru Sapoglu | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Gokhan Guralp | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Beytullah Aliriza Sahin | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Pradeep Kumar Tibrewal | Cfo | 30 Apr 2014 | 12 Years 5 Months | Current |
Peer comparison
Sisecam Flat Glass India Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Borosil Renewables Limited | ₹1,514.58 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Gold Plus Float Glass Private Limited | ₹1,348.21 Cr (FY 2025) | 121.0% | Delhi, India | |||
| Piramal Glass Private Limited | ₹1,317.17 Cr (FY 2024) | 127.0% | Mumbai, Maharashtra, India | |||
| Gujarat Guardian Limited | ₹912.91 Cr (FY 2025) | -3.0% | Bharuch, Gujarat, India | |||
| Vishakha Glass Private Limited | ₹812.23 Cr (FY 2025) | 346.0% | Ahmedabad, Gujarat, India | |||
| Sisecam Flat Glass India Private Limitedthis company | ₹750.89 Cr (FY 2025) | ₹9.75 Cr | 1.3% | 28.0% | 264 | Halol, Gujarat, India |
| Empire Industries Limited | ₹691.83 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sisecam Flat Glass India Private Limited, buy the company report.
Auditor
Sisecam Flat Glass India Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Sisecam Flat Glass 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sisecam Flat Glass India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2015 | 10550481 | Syndicate Bank | ₹10 Cr | Satisfied | |
| 03 Dec 2014 | 10536396 | Syndicate Bank | ₹50 Cr | Satisfied | |
| 16 Sep 2014 | 10521666 | State Bank of India | ₹75 Cr | Satisfied | |
| 13 Oct 2011 | 10313993 | State Bank of India | ₹50 Cr | Satisfied | |
| 22 Jul 2010 | 10238517 | Hdfc Bank Limited | ₹27.52 Lakh | Satisfied |
To see the full charge records of Sisecam Flat Glass India Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Sisecam Flat Glass India Private Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹392.5 Cr; the latest was in March 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Spotlight Vanijya Ltd , Mukul Somany (Karta Of Mukul Somany HUF), 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Spotlight Vanijya Ltd Seller: Somany Foam Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Spotlight Vanijya Ltd , Brabourne Commerce Pvt Ltd Seller: Hindusthan National Glass & Industries Limited |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Somany Foam Limited Seller: Hindusthan National Glass & Industries Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Spotlight Vanijya Ltd , an individual Seller: Hindusthan National Glass & Industries Limited , International Finance Corporation, Microwave Merchants Pvt.Ltd. |
To see the full deal history of Sisecam Flat Glass India 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
Sisecam Flat Glass India Private Limited has 150 court cases on record: 47 filed by Sisecam Flat Glass India, 103 filed against it. 7 cases are pending and 143 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 130 | 93 | 5 |
| High courts | 17 | 9 | 2 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 150)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed against the company by M/S.Bagrecha Enterprises Ltd | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Bagrecha Enterprises Ltd | Disposed |
| High Court | Court case (COP) | Filed by the company against Hindustan Float Glass Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Magic Glass Pvt Ltd and 3 others | Disposed |
| Bombay High Court | Appeal | Filed against the company by Sejal Glass Ltd. | Disposed |
To see the full case history of Sisecam Flat Glass 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.
MSME payment delays
Sisecam Flat Glass India Private Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 151 overdue payments to 98 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 98)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rishika Packaging | |||
| Industrial Bearing Corporation | |||
| an individual supplier | |||
| Machhar Polymer Private Limited |
To see the full MSME payment records of Sisecam Flat Glass India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sisecam Flat Glass India Private Limited has a workforce of 264 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Sisecam Flat Glass India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH7942Q1Z2 | Gujarat | Active | 01 Jul 2017 |
| 27AABCH7942Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sisecam Flat Glass India Private Limited, buy the company report.
Recent activity
Sisecam Flat Glass India Private Limited has 33 board changes on record since 2008: 9 appointments and 24 cessations. The latest: Basar Tirpanci was appointed as Additional Director on 15 Oct 2025.
61 earlier events are in the company report.
Frequently asked questions
Sisecam Flat Glass India is an active private limited company based in Halol, Gujarat, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 29 July 2006 (20+ years old) and is registered under CIN U26101GJ2006PTC113291.
Sisecam Flat Glass India has 9 current directors and KMP:
- Nirmalendu Ghosh - Whole-Time Director
- Melih Tolga Guven - Director
- Saliha Ebru Sapoglu - Director
- Gokhan Guralp - Director
- Beytullah Aliriza Sahin - Director
- Ali Tolga Unal - Director
- Basar Tirpanci - Additional Director
- Swapnil Yogeshbhai Thakkar - Company Secretary
- Pradeep Kumar Tibrewal - Cfo
The latest financial statements of Sisecam Flat Glass India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sisecam Flat Glass India is 24AABCH7942Q1Z2, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCH7942Q1ZW (Maharashtra).
The CIN (Corporate Identification Number) of Sisecam Flat Glass India is U26101GJ2006PTC113291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sisecam Flat Glass India has 150 court cases on record: 47 filed by the company and 103 filed against it. 7 are pending. Most are in the district courts.
Sisecam Flat Glass India was incorporated on 29 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sisecam Flat Glass India has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹392.5 Cr; the latest was in March 2022.
The peers of Sisecam Flat Glass India by revenue are Borosil Renewables Limited, Gold Plus Float Glass Private Limited, Piramal Glass Private Limited, Gujarat Guardian Limited, Vishakha Glass Private Limited and 1 more, all in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Basar Tirpanci was appointed as Additional Director on 15 Oct 2025. Ali Tolga Unal ceased to be Additional Director on 28 Sep 2025. Nirmalendu Ghosh ceased to be Additional Director on 28 Sep 2025. Sisecam Flat Glass India has 33 board changes on record in total.
Sisecam Flat Glass India has 10 MSME Form 1 returns on record between 2019 and 2022, listing 151 overdue payments to 98 micro and small suppliers. The latest return was filed on 01 Nov 2022.
Sisecam Flat Glass India can be reached through the website sisecamflatglass.com. Its registered office is in Halol, Gujarat, India.