Vyline Glass Works Limited
About Vyline Glass Works Limited
Data last updated:
Vyline Glass Works Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the glass and products segment of the manufacturing sector. It was incorporated on 01 June 1987.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U26109MH1987PLC215465. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.95 Cr. It was led by directors including Dharmesh Harshadrai Naik and Sorabh Singhal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 107 Famous Cine Studio Building 20 Dr. E. Moses Road Mahalaxmi., Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2019, the company reported a revenue of ₹106.03 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.19 Cr (net margin 5.8%) and EBITDA of ₹14.89 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company had about 262 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹8.6 Cr on record. Court records list 25 cases involving the company, including 8 filed by the company and 17 filed against it; 6 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in February 2020.
Company details
CIN history
Vyline Glass Works has one previous CIN (Corporate Identification Number): U26109TN1987PLC014413. The current CIN is U26109MH1987PLC215465, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26109MH1987PLC215465 | Current |
| U26109TN1987PLC014413 | Previous |
Contact details
Vyline Glass Works Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address107 Famous Cine Studio Building 20 Dr. E. Moses Road Mahalaxmi., Mumbai, Maharashtra, India – 400011
- IndustryManufacturing, Glass & Products
To see the full contact details of Vyline Glass Works 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 Vyline Glass Works is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Vyline Glass Works Limited, buy the company report.
Financials of Vyline Glass Works Limited
FY 2018 filings availableVyline Glass Works Limited reported revenue of ₹106.03 Cr (up 34% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 34% growth in the latest year. EBITDA rose 2% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹106.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.19 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vyline Glass Works Limited, buy the company report.
Board of directors of Vyline Glass Works Limited
Vyline Glass Works has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Harshadrai Naik | Director | 28 Jun 2007 | 19 Years 4 Months | As last reported |
| Sorabh Singhal | Director | 05 Jan 2016 | 10 Years 10 Months | As last reported |
| Som Chand Mehta | Director | 20 Jul 2015 | 11 Years 3 Months | As last reported |
Auditor
Vyline Glass Works Limited is audited by PATHAK H D & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATHAK H D & ASSOCIATES | FY 2019 | 107783W |
Shareholding
The shareholding of Vyline Glass Works Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vyline Glass Works Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2008 | 10115707 | Indusind Bank Ltd. | ₹4 Cr | Satisfied | |
| 26 May 1995 | 90304927 | Borosil Glass Works Limited | ₹4.6 Cr | Satisfied |
To see the full charge records of Vyline Glass Works Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Vyline Glass Works Limited has 1 deal on record (1 acquisition); the latest was in February 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Acquisition | Undisclosed | Buyer: Borosil Renewables Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vyline Glass Works Limited has 25 court cases on record: 8 filed by Vyline Glass Works, 17 filed against it. 6 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 6 | 6 |
| District courts | 11 | 11 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (TCA) | Filed against the company by Commissioner of Wealth Tax, | Pending |
| High Court, UTTARAKHAND | Appeal | Filed against the company by an individual | Pending |
| District court, Bharuch, Gujarat | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Vyline Glass Works 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 Vyline Glass Works Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vyline Glass Works Limited has a workforce of 262 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Vyline Glass Works has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vyline Glass Works Limited, buy the company report.
Recent activity
Vyline Glass Works Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Sorabh Singhal ceased to be Additional Director on 30 Sep 2016.
10 earlier events are in the company report.
Frequently asked questions
Vyline Glass Works 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.
Vyline Glass Works was a public limited company based in Mumbai, Maharashtra, India. The company worked in glass and products, within the manufacturing industry. It was incorporated on 01 June 1987 and is registered under CIN U26109MH1987PLC215465. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vyline Glass Works was incorporated on 01 June 1987. It is registered with the Registrar of Companies, Mumbai.
Vyline Glass Works had 3 directors:
- Dharmesh Harshadrai Naik - Director
- Sorabh Singhal - Director
- Som Chand Mehta - Director
The CIN (Corporate Identification Number) of Vyline Glass Works is U26109MH1987PLC215465. 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 Vyline Glass Works is at 107 Famous Cine Studio Building 20 Dr. E. Moses Road Mahalaxmi., Mumbai, Maharashtra, India – 400011.
The latest financial statements of Vyline Glass Works on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vyline Glass Works has 3 GST registrations on record and all of them are cancelled or inactive.
Vyline Glass Works operated in the manufacturing industry, in the glass and products segment.
Vyline Glass Works has 1 deal on record (1 acquisition); the latest was in February 2020.
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