Hindustan National Glass & Industries Limited Corporate Profile and Structure

Hindustan National Glass & Industries Limited is a well-established company with a rich history. It was incorporated in 1971.

The company's headquarters is located in Chennai, Tamil Nadu, India.

Hindustan National Glass & Industries Limited is a part of the Hindustan National Group.

Hindustan National Glass & Industries Limited has a diverse product line that meets the needs of various industries. They manufacture containers for pharmaceuticals.

Their expertise extends to producing containers for liquor, beer, and beverages. This is evident in their ability to cater to the specific requirements of these sectors.

The company also produces containers for cosmetics and processed food. This shows their commitment to serving a wide range of markets.

Hindustan National Glass & Industries Limited has detailed financial information available, which includes a balance sheet, profit and loss statement, and cash flows.

The company's financial performance is tracked through various metrics, including total revenue, revenue from operations, total assets, profit or loss, net worth, and EBITDA.

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In the year FY 2023, the company saw a 16.51% year-over-year (YOY) growth in total revenue.

Revenue from operations also increased by 17.18% in FY 2023 compared to the previous year.

Total assets decreased by 3.32% in FY 2023.

Profit or loss showed a significant improvement, increasing by 33.05% in FY 2023.

Net worth, however, decreased by 30.18% in FY 2023.

EBITDA increased by 14.99% in FY 2023.

Here is a summary of the company's key metrics for the past five years:

At Hindustan National Glass & Industries Limited, the Board of Directors plays a crucial role in shaping the company's vision and strategy. The Board is responsible for overseeing the overall direction of the company, making key decisions, and ensuring that the company operates in a transparent and accountable manner.

The company's Board of Directors is comprised of experienced professionals who bring a wealth of knowledge and expertise to the table. They work together to drive the company's growth and success.

The company's contact details are readily available, allowing stakeholders to get in touch with the Board and management team.

The Board of Directors is made up of key individuals who oversee the company's operations. This team includes Neeraj Kumar Sureka, who has been a Director since June 20, 2024.

The Board of Directors also includes Managing Directors Sanjay Somany and Mukul Somany, who have been in their positions since March 27, 1993, and July 23, 1992, respectively. Bimal Kumar Garodia serves as the Chief Financial Officer (CFO) and has been in this role since May 20, 2014.

Here is a list of the current directors:

The past directors of a company play a crucial role in its governance. Pramod Abcsdd has held various positions within the company.

Pramod Abcsdd served as the Managing Director from 28 Feb 2017. He also held the position of Director from 15 Jul 2011 to an unknown date.

Pramod Abcsdd was the Additional Director from 18 Sep 2019. He also held this position from 27 Oct 2008 to an unknown date.

Pramod Abcsdd served as the Company Secretary from 31 Dec 2012. He also held the position of Director from 07 Feb 2009.

Here is a list of Pramod Abcsdd's past roles:

Hindustan National Glass & Industries Limited has a significant promoter holding, with 70.72% of the company owned by its promoters.

The remaining 29.26% is held by the public. This distribution suggests a strong foundation of ownership and control within the company.

The company's financial performance is substantial, with a total amount of ₹44,785,391,700.00 in its total assets.

In terms of debt, Hindustan National Glass & Industries Limited has a total debt of ₹27,481,996,000.00.

Here's a breakdown of the company's debt structure:

Hindustan National Glass & Industries Limited has a long history of leadership, with Sanjay Somany and Mukul Somany serving as Managing Directors for 33 years. This level of continuity is a testament to their dedication and expertise.

The company's Board of Directors includes Neeraj Kumar Sureka, who has been a Director for 1 year. His experience and insights have likely played a significant role in shaping the company's strategies.

The company has a workforce of 904 employees as of April 7, 2024.

The people behind the company make all the difference. Sanjay Somany has been the Managing Director for 33 years, a testament to his dedication and leadership.

Sanjay is not alone in his role, as his brother Mukul Somany also serves as Managing Director, sharing the same tenure. This level of continuity is often beneficial for a company's stability.

One notable director is Neeraj Kumar Sureka, who has been a Director for only 1 year. This relatively short tenure suggests that he is a newer addition to the team.

Here's a summary of the key personnel:

Hindusthan National Glass & Industries has 904 employees as of April 7, 2024.

The number of employees working at Hindusthan National Glass & Industries is a notable figure, indicating the company's size and scope.

In contrast, the article does not provide information on the number of employees at other companies, but rather focuses on specific details about Hindusthan National Glass & Industries.

The workforce of 904 employees at Hindusthan National Glass & Industries is a significant number, suggesting a substantial operation.

Unfortunately, the article does not provide a breakdown of the company's employee demographics, such as age or job function.

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All financial statements of Hindustan National Glass & Industries Limited include valuations and audit qualifications, which are presented in lakhs of rupees.

The company discloses the impact of audit qualification in its financial statements, ensuring transparency and accountability.

For instance, all values mentioned in the audit qualification are in lakhs of rupees, providing a clear understanding of the financial data.

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In the world of valuations, it's essential to understand the different timeframes used to measure performance. One week is a common period to assess short-term gains or losses.

The table below shows the typical timeframes used in valuations:

These timeframes help investors and analysts understand how well a company or asset is performing over different periods.

In the context of valuations and audit, it's essential to understand the impact of audit qualification. All values in this discussion are in ₹ Lakhs.

Audit qualification can significantly affect the reliability of financial statements. This is because it indicates that the auditor has found a material weakness in the company's financial reporting process.

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When dealing with audit qualifications, it's crucial to understand the implications on the company's financial health. In this case, all values are in ₹ Lakhs.

A well-documented audit qualification can help investors and stakeholders make informed decisions about the company's financial situation. This is especially important when considering the company's valuation.

The impact of audit qualification on a company's valuation can be substantial.