Valiant Glass Works Private Limited

Valiant Glass Works Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51900MH1971PTC015495 Incorporated 17 December 1971 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹255.48 Cr
▼ 10% YoY
Net profit · FY 2025
₹2.83 Cr
Net margin 1.1%
EBITDA · FY 2025
₹18.95 Cr
EBITDA margin 7.4%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹7.35 Cr
Issued & subscribed
Open charges
₹232.71 Cr
Satisfied ₹32 Cr
Company age
55 yrs
Est. 1971
Directors on board
3
As per MCA filings

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

CIN U51900MH1971PTC015495
Registration Number 015495
Incorporation Date 17 December 1971
ROC Mumbai
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 Medium
Udyam Registration UDYAM-MH-19-0002330

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 NameStatus
Valiant Glass Works Private LimitedCurrent
Crystal Glass Works LimitedPrevious
Crystal Glass Works Private LimitedPrevious

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.

CINStatus
U51900MH1971PTC015495Current
U51900MH2004PTC015495Previous

Recognitions & Rankings of Valiant Glass Works

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0002330

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
  • Registered Address
    384/M Kalbadevi Road 5th Floor, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Valiant Glass Works Private Limited, buy the company report.

Comprehensive company report
Valiant Glass Works Private Limited - one report that includes everything
  • 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

The main business activity of Valiant Glass Works is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, 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 available

Valiant Glass Works Private Limited reported revenue of ₹255.48 Cr (down 10% YoY) for FY 2025.

Revenue · FY 2025
₹255.48 Cr ▼ 10%
Net profit · FY 2025
₹2.83 Cr margin 1.1%
EBITDA · FY 2025
₹18.95 Cr margin 7.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 1%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 8%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.4%
Net Profit Margin1.1%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Dilipkumar Vinodlal PacheriwalaWhole-Time Director12 Sep 200026 Years 1 MonthsCurrent
Vishal Pradip Kumar PacheriwalaDirector03 May 20197 Years 6 MonthsCurrent
Neha Dilipkumar PacheriwalaWhole-Time Director06 Oct 200521 Years 1 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr1.1%-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 firmFinancial yearFirm registration number
H C R K & COFY 2023154796W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹232.71 Cr
Satisfied charges
₹32 Cr
Breakdown by lending institutions
Canara Bank₹166.60 Cr
Uco Bank₹46.34 Cr
Others₹19.50 Cr
Indian Bank₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Oct 2025101178060Indian Bank₹26.8 LakhOpen
29 Apr 2025101097725Canara Bank₹52.44 CrOpen
29 Mar 2025101075749Uco Bank₹39.4 CrOpen
16 Sep 2024100984396Others₹19.5 CrOpen
29 Dec 2022100663940Canara Bank₹5 CrOpen

To see the full charge records of Valiant Glass Works Private Limited, buy the company report.

Total charge records: 17 View all charges

Credit ratings & regulatory alerts

Valiant Glass Works Private Limited was last rated by Care on 09 Aug 2021.

Rating agencyRated onRating
Care09 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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACV1224E1ZTMaharashtraActive01 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.

Charges
A charge with Indian Bank amounted to Rs. 0.27 Cr with Charge ID 101178060 was registered on 04 Oct 2025.
AGM
Valiant Glass Works Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 52.44 Cr registered on 29 Apr 2025 with Charge ID 101097725 was modified on 02 Jul 2025.
Charges
A charge with Uco Bank of Rs. 39.40 Cr registered on 29 Mar 2025 with Charge ID 101075749 was modified on 02 Jul 2025.
Charges
A charge with Others of Rs. 19.50 Cr registered on 16 Sep 2024 with Charge ID 100984396 was modified on 06 May 2025.
Charges
A charge with Canara Bank amounted to Rs. 52.44 Cr with Charge ID 101097725 was registered on 29 Apr 2025.
Filing
Valiant Glass Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Uco Bank amounted to Rs. 39.40 Cr with Charge ID 101075749 was registered on 29 Mar 2025.
Charges
A charge registered on 29 Sep 2020 via Charge ID 100398466 with Uco Bank was fully satisfied on 28 Feb 2025.
Charges
A charge registered on 27 Sep 2011 via Charge ID 10317388 with Canara Bank was fully satisfied on 24 Feb 2025.
Charges
A charge registered on 27 Oct 2010 via Charge ID 10258756 with Canara Bank was fully satisfied on 24 Feb 2025.
Charges
A charge registered on 21 Sep 2007 via Charge ID 10074045 with Canara Bank was fully satisfied on 24 Feb 2025.

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:

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.