- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0002330

About Valiant Glass Works Private Limited
Data last updated:
Valiant Glass Works Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 December 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1971PTC015495. Its GSTIN is 27AAACV1224E1ZT (Maharashtra).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.35 Cr. It was formerly known as Crystal Glass Works Limited and Crystal Glass Works Private Limited. It is led by directors including Dilipkumar Vinodlal Pacheriwala (Whole-Time Director) and Neha Dilipkumar Pacheriwala (Whole-Time Director).
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 384/M Kalbadevi Road 5th Floor, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹255.48 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Cr (net margin 1.1%) and EBITDA of ₹18.95 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹232.71 Cr and satisfied charges of ₹32 Cr on record. Court records list 22 cases involving the company, including 10 filed by the company and 12 filed against it; 3 cases are pending.
Valiant Glass Works Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002330). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website valiantindia.com.
Company details
Name history
Valiant Glass Works has undergone 2 name changes throughout its history. The company was previously known as Crystal Glass Works Limited, and Crystal Glass Works Private Limited. The current legal name is Valiant Glass Works Private Limited.
| Company Name | Status |
|---|---|
| Valiant Glass Works Private Limited | Current |
| Crystal Glass Works Limited | Previous |
| Crystal Glass Works Private Limited | Previous |
CIN history
Valiant Glass Works has one previous CIN (Corporate Identification Number): U51900MH2004PTC015495. The current CIN is U51900MH1971PTC015495, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1971PTC015495 | Current |
| U51900MH2004PTC015495 | Previous |
Recognitions & Rankings of Valiant Glass Works
Contact details
Valiant Glass Works Private Limited's registered office is in Mumbai, Maharashtra. Its website is valiantindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address384/M Kalbadevi Road 5th Floor, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Valiant Glass Works Private 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 Valiant Glass Works is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Valiant Glass Works Private Limited, buy the company report.
Financials of Valiant Glass Works Private Limited
FY 2025 filings availableValiant Glass Works Private Limited reported revenue of ₹255.48 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹18.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.83 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Valiant Glass Works Private Limited, buy the company report.
Board of directors of Valiant Glass Works Private Limited
Valiant Glass Works has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilipkumar Vinodlal Pacheriwala Also directs: Jimtex Pvt Ltd, Benktesh Synth Processors Pvt Ltd, Binayak Chemicals Private Limited and 4 more | Whole-Time Director | 12 Sep 2000 | 26 Years 1 Months | Current |
| Vishal Pradip Kumar Pacheriwala Also directs: Wintry Engineering and Chemicals P.Ltd., Kindshila India LLP, Hind Rectifiers Limited and 4 more | Director | 03 May 2019 | 7 Years 6 Months | Current |
| Neha Dilipkumar Pacheriwala | Whole-Time Director | 06 Oct 2005 | 21 Years 1 Months | Current |
Peer comparison
Valiant Glass Works Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Glass Works, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anubhav Apparels Private Limited | ₹257.3 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Nav Hindustan Spinners Private Limited | ₹256.81 Cr (FY 2025) | 21.0% | Coimbatore, Tamil Nadu, India | |||
| F T Textiles Private Limited | ₹256.66 Cr (FY 2025) | 25.0% | Bhiwandi, Maharashtra, India | |||
| Suvidhi Rayons Private Limited | ₹255.97 Cr (FY 2025) | -13.0% | Bhilwara, Rajasthan, India | |||
| Valiant Glass Works Private Limitedthis company | ₹255.48 Cr (FY 2025) | ₹2.83 Cr | 1.1% | -10.0% | Mumbai, Maharashtra, India | |
| Permeshwar Creations Private Limited | ₹254.84 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Encot Fabrics Private Limited | ₹254.65 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Gainup Technotek Limited | ₹254.32 Cr (FY 2025) | 86.0% | Athur, Tamil Nadu, India | |||
| Mira Exim Ltd | ₹254.06 Cr (FY 2025) | 122.0% | New Delhi, Delhi, India |
To see the full peer comparison of Valiant Glass Works Private Limited, buy the company report.
Auditor
Valiant Glass Works Private Limited is audited by H C R K & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H C R K & CO | FY 2023 | 154796W |
Shareholding
The shareholding of Valiant Glass Works Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Valiant Glass Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2025 | 101178060 | Indian Bank | ₹26.8 Lakh | Open | |
| 29 Apr 2025 | 101097725 | Canara Bank | ₹52.44 Cr | Open | |
| 29 Mar 2025 | 101075749 | Uco Bank | ₹39.4 Cr | Open | |
| 16 Sep 2024 | 100984396 | Others | ₹19.5 Cr | Open | |
| 29 Dec 2022 | 100663940 | Canara Bank | ₹5 Cr | Open |
To see the full charge records of Valiant Glass Works Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Valiant Glass Works Private Limited has 22 court cases on record: 10 filed by Valiant Glass Works, 12 filed against it. 3 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 9 | 2 |
| High courts | 6 | 3 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Affinity Apparels | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against 1 JSW Steel Coated Products Ltd/. THR. Its Authorised Representative JSW Centre, Bandra Kurla Complex ,Mumbai , Maharashtra and 11 others | Pending |
| Bombay High Court | Court case (CONP) | Filed by the company against Vividh Apparels Pvt. Ltd. and 2 Ors | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by M/S. Vividh Apparels Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M/S. Vividh Apparels Pvt. Ltd. | Disposed |
To see the full case history of Valiant Glass Works Private 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.
Credit ratings & regulatory alerts
Valiant Glass Works Private Limited was last rated by Care on 09 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Aug 2021 |
To see the full credit ratings and regulatory alerts of Valiant Glass Works Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Valiant Glass Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Valiant Glass Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1224E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Valiant Glass Works Private Limited, buy the company report.
Recent activity
Valiant Glass Works Private Limited has 7 board changes on record since 2000: 5 appointments and 2 cessations. The latest: Vishal Pradip Kumar Pacheriwala was appointed as Director on 03 May 2019.
26 earlier events are in the company report.
Frequently asked questions
Valiant Glass Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 December 1971 (55+ years old) and is registered under CIN U51900MH1971PTC015495.
Valiant Glass Works has 3 current directors:
- Dilipkumar Vinodlal Pacheriwala - Whole-Time Director
- Neha Dilipkumar Pacheriwala - Whole-Time Director
- Vishal Pradip Kumar Pacheriwala - Director
The latest financial statements of Valiant Glass Works on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Valiant Glass Works is 27AAACV1224E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Valiant Glass Works is U51900MH1971PTC015495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valiant Glass Works has 22 court cases on record: 10 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Valiant Glass Works was incorporated on 17 December 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Valiant Glass Works by revenue are Anubhav Apparels Private Limited, Nav Hindustan Spinners Private Limited, F T Textiles Private Limited, Suvidhi Rayons Private Limited, Permeshwar Creations Private Limited and 3 more, all in the Manufacturing industry (Glass Works, Textiles), with the same principal business activity (textile, leather and other apparel products).
Vishal Pradip Kumar Pacheriwala was appointed as Director on 03 May 2019. Naresh Kumar Agarwal ceased to be Director on 14 Dec 2016. Chiranjilal Lahoti ceased to be Director on 15 Sep 2008. Valiant Glass Works has 7 board changes on record in total.
Yes, Valiant Glass Works is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0002330).
Valiant Glass Works can be reached through the website valiantindia.com. Its registered office is in Mumbai, Maharashtra, India.

