About Global Composites and Structurals Limited
Data last updated:
Global Composites and Structurals Limited was a public limited company based in Wada, Maharashtra, India, operated as a subsidiary of Ion Exchange (India) Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 13 April 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U26102MH2006PLC161108. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.94 Cr. It was led by directors including Shirish Balkrishna Sirjoshi and Dinesh Sharma.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Village Nikhole Post – Khanivali India, Wada, Maharashtra, India – 421303.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.88 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹2.13 Cr (net margin -43.6%) and EBITDA of ₹80.34 Lakh (EBITDA margin 16.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company had satisfied charges of ₹51.64 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 2 cases are pending.
The last known website on record is globalcomposites.org.
Company details
Contact details
Global Composites and Structurals Limited's registered office is in Wada, Maharashtra. Its website is globalcomposites.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Nikhole Post – Khanivali India, Wada, Maharashtra, India – 421303
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Global Composites and Structurals 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 Global Composites and Structurals is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Global Composites and Structurals Limited, buy the company report.
Financials of Global Composites and Structurals Limited
FY 2023 filings availableGlobal Composites and Structurals Limited reported revenue of ₹4.88 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 27% fall in the latest year. EBITDA fell 25% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.13 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | -43.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Global Composites and Structurals Limited, buy the company report.
Board of directors of Global Composites and Structurals Limited
Global Composites and Structurals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shirish Balkrishna Sirjoshi | Director | 06 Oct 2007 | 19 Years 0 Months | As last reported |
| Dinesh Sharma Also directs: Ion Exchange (India) Limited, Rockmen Merchants Ltd, Aquanomics Systems Limited and 1 more | Director | 13 Apr 2006 | 20 Years 6 Months | As last reported |
| Aankur Patni Also directs: Ion Exchange (India) Limited, Rockmen Merchants Ltd, Aquanomics Systems Limited and 2 more | Director | 13 Apr 2006 | 20 Years 6 Months | As last reported |
Auditor
Global Composites and Structurals Limited is audited by GMJ & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & Company | FY 2023 | 103429W |
Shareholding
The shareholding of Global Composites and Structurals 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 Global Composites and Structurals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2017 | 100089871 | Tjsb Sahakari Bank Limited | ₹18 Cr | Satisfied | |
| 09 Feb 2012 | 10338688 | The Thane Janata Sahakari Bank Limited | ₹5 Cr | Satisfied | |
| 21 Jan 2010 | 10204537 | The Thane Janata Sahakari Bank Limited | ₹5 Cr | Satisfied | |
| 01 Jan 2010 | 10194818 | The Thane Janata Sahakari Bank Limited | ₹3 Cr | Satisfied | |
| 30 Jul 2009 | 10231547 | The Thane Janata Sahakari Bank Limited | ₹45 Lakh | Satisfied |
To see the full charge records of Global Composites and Structurals Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Global Composites and Structurals Limited has 16 court cases on record: 2 filed by Global Composites and Structurals, 14 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 5 | 5 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by The Janata Agencies Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Vashi Electricals Pvt. Ltd. THR. Ajay Babulal Shah | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Vashi Electricals Pvt. Ltd. THR. Ajay Babulal Shah | Disposed |
| Bombay High Court | Company petition | Filed against the company by Ashland India Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Huntsman Advanced Materials (India) Pvt. Ltd. | Disposed |
To see the full case history of Global Composites and Structurals 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
No delayed payments to MSME suppliers are on our record for Global Composites and Structurals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Global Composites and Structurals Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Global Composites and Structurals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Global Composites and Structurals Limited, buy the company report.
Recent activity
Global Composites and Structurals Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Arvind Krishna Natu ceased to be Director on 04 Sep 2018.
15 earlier events are in the company report.
Frequently asked questions
Global Composites and Structurals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Global Composites and Structurals was a public limited company based in Wada, Maharashtra, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 13 April 2006 and is registered under CIN U26102MH2006PLC161108. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Global Composites and Structurals was incorporated on 13 April 2006. It is registered with the Registrar of Companies, Mumbai.
Global Composites and Structurals had 3 directors:
- Shirish Balkrishna Sirjoshi - Director
- Dinesh Sharma - Director
- Aankur Patni - Director
The CIN (Corporate Identification Number) of Global Composites and Structurals is U26102MH2006PLC161108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Global Composites and Structurals is at Village Nikhole Post – Khanivali India, Wada, Maharashtra, India – 421303.
Global Composites and Structurals can be reached through the website globalcomposites.org. Its registered office is in Wada, Maharashtra, India.
The latest financial statements of Global Composites and Structurals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Global Composites and Structurals has 1 GST registration on record and it is cancelled or inactive.
Global Composites and Structurals operated in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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