MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-26-0042230
PF Glass Foundation
PF Glass Foundation - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.43 Cr
▼ 100.00% YoY
Net loss · FY 2024
₹3.04 Cr
Net margin -88.7%
EBITDA · FY 2024
-₹44.27 Lakh
EBITDA margin -12.9%
Open charges
₹13.34 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
29
Provident fund records
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About PF Glass Foundation
Data last updated:
PF Glass Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 05 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93090PN2018NPL175111. Its GSTIN is 27AAJCP7153M1ZT (Maharashtra).
It is led by directors including Sukhendu Suresh Kulkarni (Managing Director) and Nandkumar Annasaheb Shelar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Talegaon Dabhade Station Tal – Maval, Pune, Maharashtra, India – 410507.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.43 Cr. For the same year it recorded a net loss of ₹3.04 Cr (net margin -88.7%) and EBITDA of -₹44.27 Lakh (EBITDA margin -12.9%). Revenue has grown at a compounded annual rate (CAGR) of 266% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.34 Cr on record.
PF Glass Foundation is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0042230). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of PF Glass Foundation
CIN U93090PN2018NPL175111
Registration Number 175111
Incorporation Date 05 March 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0042230
Key People
Sukhendu Suresh Kulkarni Managing Director Nandkumar Annasaheb Shelar Director Dadasaheb Urhe Director Recognitions & Rankings of PF Glass Foundation
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressTalegaon Dabhade Station Tal – Maval, Pune, Maharashtra, India – 410507
- IndustryManufacturing, Glass & Products
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Business Activity of PF Glass Foundation
The main business activity of PF Glass Foundation is professional, scientific and technical activities. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 72 | Scientific research and development | Locked |
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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 PF Glass Foundation FY 2025 filings available
PF Glass Foundation reported revenue of ₹3.43 Cr for FY 2024.
Revenue · FY 2024
₹3.43 Cr
Net loss · FY 2024
₹3.04 Cr margin -88.7%
EBITDA · FY 2024
-₹44.27 Lakh margin -12.9%
Compounded Annual Growth Rate (CAGR) of PF Glass Foundation
Revenue CAGR growth
3 years · compounded
▲ 266%
EBITDA CAGR growth
3 years · compounded
▼ 178%
5 years · compounded
▼ 238%
Revenue has grown at a compounded annual rate (CAGR) of 266% over three years. 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 PF Glass Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹44.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.04 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 PF Glass Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -88.7% | •••• | •••• | •••• | •••• |
| 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 PF Glass Foundation are in the company report.
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Financial statements from FY 2018
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 of PF Glass Foundation
PF Glass Foundation has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkumar Annasaheb Shelar | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Sukhendu Suresh Kulkarni | Managing Director | 08 Nov 2023 | 2 Years 11 Months | Current |
| Dadasaheb Urhe | Director | 07 Dec 2020 | 5 Years 10 Months | Current |
| Deepak Vinodkumar Shah Also directs: Sdm-Diagnostic LLP, Ashish Cans and Containers Private Limited, Habrs Reenergy Private Limited and 1 more | Director | 07 Dec 2020 | 5 Years 10 Months | Current |
| Rajesh Rajaram Mhaske Also directs: Mask Staples LLP, Mask Polymers Insulators Private Limited, Mask Rubber Products Private Limited and 5 more | Director | 25 Aug 2023 | 3 Years 1 Months | Current |
Peer Comparison of PF Glass Foundation
PF Glass Foundation 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 |
|---|---|---|---|---|---|---|
| Superior Glass Private Limited | ₹3.77 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Karkas Glass & Fab Private Limited | ₹3.7 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Sudarshan Glass Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Barakar, West Bengal, India |
| Avinash Appliances Private Limited | ₹3.56 Cr (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Esspee Glass Studio Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| PF Glass Foundation this company | ₹3.43 Cr (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| S. S. Glass Gallery Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Surfland Composites Private Limited | ₹3.38 Cr (FY 2024) | •••• | •••• | 126.0% | •••• | Bangalore, Karnataka, India |
| Windowala India Private Limited | ₹3.38 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Crynjal Glassware Private Limited | ₹3.34 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Firozabad, Uttar Pradesh, India |
| Unipharma Ampoules and Vials Private Limited | ₹3.33 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below PF Glass Foundation 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 PF Glass Foundation
PF Glass Foundation is audited by M. Y. Malhotra & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. Y. Malhotra & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of PF Glass Foundation
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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 PF Glass Foundation
Open charges
₹13.34 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2022 | Abhyudaya Co-Operative Bank Limited | ₹13.34 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at PF Glass Foundation
Employment history and EPFO contributions of people linked to PF Glass Foundation.
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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 PF Glass Foundation
PF Glass Foundation has 8 board changes on record since 2018: 6 appointments and 2 cessations. The latest: Krishnaji Dhondiba Bhegade ceased to be Director on 16 Feb 2025.
AGM
Pf Glass Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pf Glass Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Krishnaji Dhondiba Bhegade ceased to be Director.
Ceased
Rajesh Rajaram Mhaske ceased to be Additional Director.
Appointed
Sukhendu Suresh Kulkarni was appointed as Managing Director.
Appointed
Rajesh Rajaram Mhaske was appointed as Director.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 133,427,000.00 with Charge ID 100598449 was registered on 16 Jul 2022.
Appointed
Dadasaheb Urhe was appointed as Director.
Appointed
Deepak Vinodkumar Shah was appointed as Director.
Appointed
Krishnaji Dhondiba Bhegade was appointed as Director.
Appointed
Nandkumar Annasaheb Shelar was appointed as Director.
Incorporation
05 Mar 2018
Pf Glass Foundation was registered on 05 Mar 2018 with Roc Pune & aged 8 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for PF Glass Foundation
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by PF Glass Foundation
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of PF Glass Foundation
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of PF Glass Foundation
PF Glass Foundation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP7153M1ZT | Maharashtra | Active | 04 Jul 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of PF Glass Foundation
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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- Annual returns and statements
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Frequently Asked Questions about PF Glass Foundation
PF Glass Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 05 March 2018 (8+ years old) and is registered under CIN U93090PN2018NPL175111.
PF Glass Foundation reported revenue of ₹3.43 Cr for FY 2024.
PF Glass Foundation has 5 current directors:
- Sukhendu Suresh Kulkarni - Managing Director
- Nandkumar Annasaheb Shelar - Director
- Dadasaheb Urhe - Director
- Deepak Vinodkumar Shah - Director
- Rajesh Rajaram Mhaske - Director
PF Glass Foundation reported a net loss of ₹3.04 Cr (net margin -88.7%) and EBITDA of -₹44.27 Lakh (EBITDA margin -12.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of PF Glass Foundation is 266% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of PF Glass Foundation is 27AAJCP7153M1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of PF Glass Foundation is U93090PN2018NPL175111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PF Glass Foundation was incorporated on 05 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of PF Glass Foundation by revenue are Superior Glass Private Limited, Karkas Glass & Fab Private Limited, Sudarshan Glass Private Limited, Avinash Appliances Private Limited, Esspee Glass Studio Private Limited and 5 more, all in the Manufacturing industry (Glass Works).
Krishnaji Dhondiba Bhegade ceased to be Director on 16 Feb 2025. Rajesh Rajaram Mhaske ceased to be Additional Director on 29 Sep 2024. Sukhendu Suresh Kulkarni was appointed as Managing Director on 08 Nov 2023. PF Glass Foundation has 8 board changes on record in total.
Yes, PF Glass Foundation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0042230).