COMPANY INTELLIGENCE PROFILE
Glorifarm Botanicals Private Limited
Glorifarm Botanicals Pvt Ltd is the legal entity behind the "PlantWorks" brand, a Coimbatore/Bengaluru-based life-sciences/agri company engaged in cultivation, research, processing and supply of medicinal and aromatic (botanical) plant ingredients and extracts — e.g.
Glorifarm Botanicals Pvt Ltd, under the "PlantWorks" brand, is a company based in Coimbatore/Bengaluru engaged in cultivation and supply of medicinal and aromatic plant ingredients for the pharmaceutical and nutraceutical industries. The company reported a FY2023 revenue of ₹149.34 Crore, a 66% increase YoY. Founded by Vijai Babu Madhavan, Glorifarm Botanicals utilizes an integrated supply chain model. It is recognized as a DPIIT startup.
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Business Overview
- Glorifarm Botanicals Pvt Ltd is the legal entity behind the "PlantWorks" brand, a Coimbatore/Bengaluru-based life-sciences/agri company engaged in cultivation, research, processing and supply of medicinal and aromatic (botanical) plant ingredients and extracts — e.g.
- Coleus, Java tea, Senna Alexandrina, Ashwagandha, Moringa, Flame Lily (Gloriosa), Pennywort — supplied to global pharmaceutical and nutraceutical brands, following a "soil to silica" integrated supply-chain model on privately owned cultivation land.
- DPIIT-recognised startup.
- Founded/led by Vijai Babu Madhavan, also Managing Director-India at Indena S.p.A., a global botanical-extracts major — flagged as an industry/professional overlap, not a corporate affiliation of this entity.
- Sources: TheCompanyCheck, LinkedIn, PlantWorks/Glorifarm Botanicals pages, WebSearch aggregation.
Sector & Classification
NIC: Agricultural and animal husbandry service activities (specialized farm-basis services), except veterinary (per WebSearch/registry snippet); TheCompanyCheck tags principal activity as wholesale trading of botanical/herbal products. Business is cultivation, processing and supply of medicinal & aromatic plant (botanical) ingredients/extracts for pharma & nutraceutical industry, under the "PlantWorks" brand.
Directors & Key Management
Directors — source notes
1) Madhavan Vaiyapuri — DIN 08195825 — Director/Shareholder (Tofler; ~8 yrs tenure, since incorporation 08-Aug-2018 per Falconebiz) 2) Chellammal Ramasamy — DIN 08195826 — Director/Shareholder (Tofler; since 08-Aug-2018 per Falconebiz) 3) Vijai Babu Madhavan — DIN 08398325 — Director (Tofler; appointed 26-Mar-2019 per Falconebiz) All three names/DINs corroborated by Tofler; Falconebiz independently confirms same 3 names + appointment dates (DINs not shown on Falconebiz's free page). Confirmed via 2 sources. Last AGM: 29 January 2024 (Tofler, Falconebiz).
GST Registrations
Primary GSTIN: 33AAHCG4195J1ZD — Tamil Nadu (state code 33), registered ~12-Sep-2018, status ACTIVE, Regular taxpayer, Private Limited Company (piceapp.com, Mastersindia — 2 sources agree). Secondary GSTIN: 29AAHCG4195J1Z2 — Karnataka (state code 29), registered ~29-Nov-2019 (piceapp.com, Mastersindia — 2 sources agree). PAN segment "AAHCG4195J" in both GSTINs matches the company PAN from Tofler — cross-verified, no entity-confusion. Home state: Tamil Nadu. #registrations found: 2 (TN + KA); more may exist but not found. Individual knowyourgst.com GSTIN lookup page did not return live verification data (tool-only page, no cached record) — not used as a confirming source.
Financials
Glorifarm Botanicals Private Limited reported a 66% increase in revenue to ₹149.34 Crore for FY2023, up from ₹85.5 Crore in FY2022. The financials were audited by Mridul Agarwal and Associates.
AI-generated, may contain errors.
| FY2023, year ended 31-Mar-2023, filing basis — standalone, company-level; not stated whether consolidated: Revenue ₹149.34 Crore, up 66% YoY, TheCompanyCheck, corroborated by a second WebSearch aggregation citing the same figure — confirmed. | |
| EBITDA and PAT | locked behind paywall — not obtained. |
| Net worth / borrowings | not separately obtained (see Charges). |
| Auditor for FY2023 | Mridul Agarwal and Associates, TheCompanyCheck, single source — partial. |
| Earlier data point | FY2022, year ended 31-Mar-2022, revenue ₹85.5 Crore with ~87% CAGR over the prior year, per Tracxn snippet, single source — partial, unverified second source. |
Funding History
- Not obtained / none found. No VC/PE funding rounds, investor names, or valuation data surfaced in searches, Tracxn, Inc42, Entrackr checked, — appears to be a promoter-funded/bootstrapped operating company rather than VC-backed.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| State Bank of India | ₹22.75 Crore | |
| unnamed | ₹20.00 Crore | |
| HDFC Bank Limited | ₹3.01 Crore |
- Open charges totalling ₹45.77 Crore, TheCompanyCheck, single source — partial, not cross-confirmed on a second free source:
Competitive Landscape
- Botanical-ingredient/herbal-extract manufacturers serving pharma & nutraceutical clients in India/globally:
- 1. Indena S.p.A. (Italy/India) — large global botanical-extracts major
- Notable because the company's founder-director is also MD-India there, industry-peer/professional-overlap, not a corporate affiliate.
- 2. Sabinsa Corporation / Sami Labs Ltd (Bengaluru) — large scale, ₹500 Cr+ revenue range, long-established botanical/nutraceutical ingredients player.
- 3. Natural Remedies Pvt Ltd (Bengaluru) — mid-to-large scale, herbal extracts for nutraceuticals.
- 4. Arjuna Natural Pvt Ltd (Kerala) — mid scale, ~₹100–200 Cr range, specialty botanical extracts.
- 5. Phytochem Extractions Pvt Ltd — mid/small scale, herbal extract manufacturer.
- 6. Natreon Inc (India–US) — mid scale, standardized botanical extracts for global nutraceutical brands.
- Scale tags are rough/directional, not sourced from audited filings for the peers.
Frequently Asked Questions
What does Glorifarm Botanicals Pvt Ltd do?
Glorifarm Botanicals Pvt Ltd is a life-sciences/agri company engaged in the cultivation, research, processing, and supply of medicinal and aromatic plant ingredients and extracts under the 'PlantWorks' brand. The company supplies botanical/herbal products for global pharmaceutical and nutraceutical brands.
What is the CIN of Glorifarm Botanicals Pvt Ltd?
The CIN of Glorifarm Botanicals Pvt Ltd is U01400TZ2018PTC030803.
What is the GSTIN for Glorifarm Botanicals Pvt Ltd?
Glorifarm Botanicals Pvt Ltd has two GSTINs: Primary GSTIN 33AAHCG4195J1ZD registered in Tamil Nadu and Secondary GSTIN 29AAHCG4195J1Z2 registered in Karnataka.
When was Glorifarm Botanicals Pvt Ltd incorporated?
Glorifarm Botanicals Pvt Ltd was incorporated in 2018.
What is the registered office address of Glorifarm Botanicals Pvt Ltd?
The registered office address of Glorifarm Botanicals Pvt Ltd is Old No. 37, New No. 35, Race Course Road, Coimbatore, Tamil Nadu to 641018.
Sources
Tofler (https://www.tofler.in/glorifarm-botanicals-private-limited/company/U01400TZ2018PTC030803), TheCompanyCheck (https://www.thecompanycheck.com/company/glorifarm-botanicals-private-limited/U01400TZ2018PTC030803), Falconebiz (https://www.falconebiz.com/company/GLORIFARM-BOTANICALS-PRIVATE-LIMITED-U01400TZ2018PTC030803), piceapp.com GSTIN pages, mastersindia.co GSTIN pages, Tracxn (funding/financial snippet only), LinkedIn (PlantWorks/Glorifarm Botanicals company pages), IndiaMART vendor page, quickcompany.in (director's other directorships — low-confidence, non-primary), live browse of glorifarm.com and plantworksgroup.com (2026-08-06).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.