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 10 peer companies in the Manufacturing industry (Glass Works) are compared by revenue, 5 larger and 5 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.
Name History of Sisecam Flat Glass India Private Limited
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 of Sisecam Flat Glass India Private Limited
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 |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHalol GIDC Phase III Champaner Road Halol, Gujarat, India – 389351
- IndustryManufacturing, Glass & Products
- 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
- One PDF report, delivered after checkout
Business Activity of Sisecam Flat Glass India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sisecam Flat Glass India Private Limited FY 2025 filings available
Sisecam Flat Glass India Private Limited reported revenue of ₹750.89 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sisecam Flat Glass India Private Limited
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 of Sisecam Flat Glass India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹77.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.75 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 of Sisecam Flat Glass India Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sisecam Flat Glass India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Sisecam Flat Glass India Private Limited
Sisecam Flat Glass India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Glass Works). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Borosil Renewables Limited Listed | ₹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 Limited this company | ₹750.89 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Halol, Gujarat, India |
| Empire Industries Limited Listed | ₹691.83 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Standard Engineering Technology Limited | ₹625.97 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Luminaz Safety Glass Private Limited | ₹588.44 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Aurangabad, Maharashtra, India |
| Emerge Glass India Private Limited | ₹410.82 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Knauf Ceiling Solutions (India) Private Limited | ₹403.67 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sisecam Flat Glass India by revenue in the Manufacturing industry (Glass Works), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sisecam Flat Glass India Private Limited
Sisecam Flat Glass India Private Limited is audited by MSKA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sisecam Flat Glass India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sisecam Flat Glass India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2015 | Syndicate Bank | ₹10 Cr | Satisfied |
| 03 Dec 2014 | Syndicate Bank | ₹50 Cr | Satisfied |
| 16 Sep 2014 | State Bank of India | ₹75 Cr | Satisfied |
| 13 Oct 2011 | State Bank of India | ₹50 Cr | Satisfied |
| 22 Jul 2010 | Hdfc Bank Limited | ₹27.52 Lakh | Satisfied |
Total charge records: 13 View all charges
Deals & Funding of Sisecam Flat Glass India Private Limited
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. |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sisecam Flat Glass India Private Limited
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 |
Full case history
All 150 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Sisecam Flat Glass India Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sisecam Flat Glass India Private Limited
Sisecam Flat Glass India Private Limited has a workforce of 264 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sisecam Flat Glass India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sisecam Flat Glass India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sisecam Flat Glass India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sisecam Flat Glass India Private Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sisecam Flat Glass India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Sisecam Flat Glass India Private Limited
Frequently Asked Questions about Sisecam Flat Glass India Private Limited
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 reported revenue of ₹750.89 Cr for FY 2025 (up 28% YoY).
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
Sisecam Flat Glass India reported a net profit of ₹9.75 Cr (net margin 1.3%) and EBITDA of ₹77.72 Cr (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sisecam Flat Glass India is -1% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
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 5 more, all in the Manufacturing industry (Glass Works).
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.