Tag Glass P Ltd
About Tag Glass P Ltd
Data last updated:
Tag Glass P Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 21 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26100MH1994PTC077204. Its GSTIN is 27AABCT0475A1ZR (Maharashtra).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹71.33 Lakh. It is led by directors Ashutosh Vithaldas Divecha and Meenakshi Vitthaldas Divecha.
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 C – 20/5 MIDC Hingna Industrial Estate Nagpur – 440028, Maharashtra, India – 440028.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹19.58 Lakh (net margin -10.9%) and EBITDA of -₹5.24 Lakh (EBITDA margin -2.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹1.71 Cr and satisfied charges of ₹1.47 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC – 20/5 MIDC Hingna Industrial Estate Nagpur – 440028, Maharashtra, India – 440028
- 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
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Business Activity of Tag Glass P Ltd
The main business activity of Tag Glass P 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 Tag Glass P Ltd FY 2025 filings available
Tag Glass P Ltd reported revenue of ₹1.8 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tag Glass P Ltd
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 27% fall in the latest year. EBITDA fell 221% 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 Tag Glass P Ltd
| 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 | -₹5.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.58 Lakh | •••• | •••• | •••• | •••• |
| 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 Tag Glass P Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.9% | •••• | •••• | •••• | •••• |
| 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 Tag Glass P 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.
Peer Comparison of Tag Glass P Ltd
Tag Glass P Ltd 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 |
|---|---|---|---|---|---|---|
| Wintech Glazing Systems Private Limited | ₹1.94 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Thane, Maharashtra, India |
| SF Sleevings Private Limited | ₹1.91 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Modern Creation Private Limited | ₹1.83 Cr (FY 2024) | •••• | •••• | -64.0% | •••• | Siliguri, West Bengal, India |
| Niny Tasha Exports Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Mahalakshmi Glass Works Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 450500.0% | •••• | Mumbai, Maharashtra, India |
| Tag Glass P Ltd this company | ₹1.8 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Nagpur, Maharashtra, India |
| Shantilal Glass Industries Private Limited | ₹1.79 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Akshatudyam Innovative Techno Solutions Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | 954.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Synergy Wood and Glass Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Emkay Glass Works Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Uttar Pradesh, India |
| Uttar Pradesh Safety Glass Works (P) Ltd. | ₹1.74 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Tag Glass P 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 Tag Glass P Ltd
Tag Glass P Ltd is audited by T S RAWAL& CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T S RAWAL& CO. | 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.
Board of Directors of Tag Glass P Ltd
Tag Glass P has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashutosh Vithaldas Divecha | Director | 21 Mar 1994 | 32 Years 6 Months | Current |
| Meenakshi Vitthaldas Divecha | Director | 05 Oct 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Tag Glass P Ltd
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 Tag Glass P Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2022 | Others | ₹1.71 Cr | Open |
| 18 Sep 2020 | Others | ₹66 Lakh | Satisfied |
| 05 Oct 1999 | Bank of Baroda | ₹15 Lakh | Satisfied |
| 05 Dec 1994 | Others | ₹66 Lakh | Satisfied |
Total charge records: 4 View all charges
MSME Payment Delays by Tag Glass P Ltd
Tag Glass P Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Belting Enterprises Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Tag Glass P Ltd
Employment history and EPFO contributions of people linked to Tag Glass P.
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 Tag Glass P Ltd
Tag Glass P Ltd has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Meenakshi Vitthaldas Divecha was appointed as Director on 05 Oct 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tag Glass P Ltd
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 Tag Glass P Ltd
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 Tag Glass P Ltd
Tag Glass P has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT0475A1ZR | 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 Tag Glass P Ltd
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.
Frequently Asked Questions about Tag Glass P Ltd
Tag Glass P is an active private limited company based in Nagpur, Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 21 March 1994 (32+ years old) and is registered under CIN U26100MH1994PTC077204.
Tag Glass P reported revenue of ₹1.8 Cr for FY 2025 (down 27% YoY).
Tag Glass P has 2 current directors:
- Ashutosh Vithaldas Divecha - Director
- Meenakshi Vitthaldas Divecha - Director
Tag Glass P reported a net loss of ₹19.58 Lakh (net margin -10.9%) and EBITDA of -₹5.24 Lakh (EBITDA margin -2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tag Glass P is -1% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tag Glass P is 27AABCT0475A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tag Glass P is U26100MH1994PTC077204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tag Glass P was incorporated on 21 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tag Glass P by revenue are Wintech Glazing Systems Private Limited, SF Sleevings Private Limited, Modern Creation Private Limited, Niny Tasha Exports Private Limited, Mahalakshmi Glass Works Private Limited and 5 more, all in the Manufacturing industry (Glass Works).
Meenakshi Vitthaldas Divecha was appointed as Director on 05 Oct 2024. Yogeeta Vithaldas Divecha ceased to be Additional Director on 30 Sep 2019. Gangaram Purushottam Divecha ceased to be Director on 07 Feb 2019. Tag Glass P has 7 board changes on record in total.
Tag Glass P has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 May 2019.
The registered office of Tag Glass P is at C – 205 MIDC Hingna Industrial Estate Nagpur – 440028, Maharashtra, India – 440028.