Gladstone Engineering Industries Ltd.
About Gladstone Engineering Industries Ltd.
Data last updated:
Gladstone Engineering Industries Ltd. is a public limited company based in Kolkata, West Bengal, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 25 January 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74110WB1984PLC037126. Its GSTIN is 19AAACG9201C1Z0 (West Bengal).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.51 Lakh. It is led by directors including Samir Jitendra Shah and Tarana Jitendra Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3A Pollock Street1St Floor Room No 5, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.96 Lakh, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Lakh (net margin 4.9%) and EBITDA of ₹6.91 Lakh (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹8.51 Cr and satisfied charges of ₹90 Lakh on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Gladstone Engineering Industries has one previous CIN (Corporate Identification Number): U26914WB1984PLC037126. The current CIN is U74110WB1984PLC037126, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110WB1984PLC037126 | Current |
| U26914WB1984PLC037126 | Previous |
Contact details
Gladstone Engineering Industries Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3A Pollock Street1St Floor Room No 5, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Gladstone Engineering Industries Ltd., 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 Gladstone Engineering Industries is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Gladstone Engineering Industries Ltd., buy the company report.
Financials of Gladstone Engineering Industries Ltd.
FY 2023 filings availableGladstone Engineering Industries Ltd. reported revenue of ₹32.96 Lakh (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 107% growth in the latest year. EBITDA rose 149% 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 | ₹6.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.61 Lakh | ||||
| 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 | 21% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Gladstone Engineering Industries Ltd., buy the company report.
Board of directors of Gladstone Engineering Industries Ltd.
Gladstone Engineering Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Jitendra Shah | Director | 10 Jul 2004 | 22 Years 4 Months | Current |
| Tarana Jitendra Shah Also directs: Gladstone Advertising Private Limited | Director | 09 Nov 1992 | 34 Years 0 Months | Current |
| Jitendra Vrajlal Shah Also directs: Gladstone Electronics Private Limited | Director | 01 Feb 1986 | 40 Years 9 Months | Current |
Auditor
Gladstone Engineering Industries Ltd. is audited by AGARWAL TIBREWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL TIBREWAL & CO | FY 2023 | 328977E |
Shareholding
The shareholding of Gladstone Engineering Industries Ltd. is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gladstone Engineering Industries Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2013 | 10438045 | State Bank of India | ₹88 Lakh | Open | |
| 18 Oct 2012 | 10383703 | State Bank of India | ₹7.23 Cr | Open | |
| 29 Oct 2010 | 10248838 | Indiabulls Financial Services Limited | ₹35 Lakh | Open | |
| 17 Jun 1999 | 90247966 | Union Bank of India | ₹5 Lakh | Open | |
| 21 Dec 2010 | 10261771 | State Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of Gladstone Engineering Industries Ltd., buy the company report.
Total charge records: 6 View all charges
Legal cases
Gladstone Engineering Industries Ltd. has 6 court cases on record: 3 filed by Gladstone Engineering Industries, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by M/S. Nickunj Eximp Enterprises Pvt Ltd Th.Mr.Manohar Balkrishna Pai | Disposed |
| Calcutta High Court | Court case (FAT) | Filed by the company against an individual | Disposed |
| Calcutta High Court | Court case (CO) | Filed against the company by an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Court case (Ejectment Suit) | Filed against the company by an individual | Disposed |
| High Court | Arbitration matter | Filed by the company against Indiabulls Housing Finance Limited | Disposed |
To see the full case history of Gladstone Engineering Industries Ltd., 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
No delayed payments to MSME suppliers are on our record for Gladstone Engineering Industries Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gladstone Engineering Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACG9201C1Z0 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gladstone Engineering Industries Ltd., buy the company report.
Recent activity
Gladstone Engineering Industries Ltd. has 3 board changes on record since 1986: 3 appointments. The latest: Samir Jitendra Shah was appointed as Director on 10 Jul 2004.
3 earlier events are in the company report.
Frequently asked questions
Gladstone Engineering Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 25 January 1984 (42+ years old) and is registered under CIN U74110WB1984PLC037126.
Gladstone Engineering Industries has 3 current directors:
- Samir Jitendra Shah - Director
- Tarana Jitendra Shah - Director
- Jitendra Vrajlal Shah - Director
The latest financial statements of Gladstone Engineering Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Gladstone Engineering Industries is 19AAACG9201C1Z0, registered in West Bengal.
The CIN (Corporate Identification Number) of Gladstone Engineering Industries is U74110WB1984PLC037126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gladstone Engineering Industries has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the high courts.
Gladstone Engineering Industries was incorporated on 25 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Kolkata.
Samir Jitendra Shah was appointed as Director on 10 Jul 2004. Tarana Jitendra Shah was appointed as Director on 09 Nov 1992. Jitendra Vrajlal Shah was appointed as Director on 01 Feb 1986.
The registered office of Gladstone Engineering Industries is at 3A Pollock Street1St Floor Room No 5, Kolkata, West Bengal, India – 700001.
Gladstone Engineering Industries operates in the metals and minerals industry, in the construction materials retail and distribution segment.
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