Duraweld Metsys Private Limited

Manufacturer of wear resistant plates, welding products, industrial fans, and reclamation services for various clients.

1989 | Nagpur, Maharashtra (India) | Active
Last Updated: July 02, 2024

Duraweld Metsys Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.81 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.80 Cr
  • Satisfied Charges ₹ 4.42 Cr
  • Revenue Growth 161.91%
  • Profit Growth -492.74%
  • Ebitda 72.30%
  • Net Worth -39.34%
  • Total Assets 53.44%

About Duraweld Metsys

Duraweld Metsys Private Limited (DMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 October 1989 and has a history of 35 years and four months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Duraweld Wearplates Pvt Ltd. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.81 M.

The company currently has active open charges totaling ₹3.80 Cr. The company has closed loans amounting to ₹4.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dilip Peshwe, Sumedh Shekhar, Nikhil Patwardhan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    duraweldmetsys.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1989PTC053894

  • Company No.

    053894

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Duraweld Metsys?

Board Members (5)

NameDesignationAppointment DateStatus
Sumedh Shekhar Country flag representing In Director 28-Sep-2014Current
Dilip Peshwe Country flag representing In Director 28-Sep-2014Current
Nikhil Patwardhan Country flag representing In Director 15-Feb-2012Current
Shekhar Patwardhan Country flag representing In Director 16-Oct-1989Current
Rohini Patwardhan Country flag representing In Director 16-Oct-1989Current

Financial Performance of Duraweld Metsys.

Duraweld Metsys Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 161.91% increase. The company also saw a substantial fall in profitability, with a 492.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.34%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
161.91%
Revenue from Operations
161.31%
Total Assets
53.44%
Profit or Loss
-492.74%
Net Worth
-39.34%
EBITDA
72.30%

What is the Ownership and Shareholding Structure of Duraweld Metsys?

In 2023, Duraweld Metsys had a promoter holding of 70.19% and a public holding of 29.82%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.80 Cr

Satisfied Charges

₹4.42 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 3.62 Cr
  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2022Indian Overseas Bank₹3.62 CrOpen
29 Jun 2021Hdfc Bank Limited₹1.80 MOpen
02 Feb 2018Others₹1.00 CrSatisfied
22 Dec 2017Others₹2.34 CrSatisfied
25 Mar 2003Small Industries Development Bank Of India₹3.00 MSatisfied

How Many Employees Work at Duraweld Metsys?

Duraweld Metsys has a workforce of 42 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Duraweld Metsys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Duraweld Metsys's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Duraweld Metsys

Recent activity within the organization

  • Annual General Meeting

    Duraweld Metsys Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Duraweld Metsys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 02 Feb 2018 via Charge ID 100152601 with Others was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100153987 with Others was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge registered on 25 Mar 2003 via Charge ID 90215784 with Small Industries Development Bank Of India was fully satisfied on 13 Jan 2023.

    13 Jan 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 3.62 Cr with Charge ID 100677757 was registered on 31 Dec 2022.

    31 Dec 2022

Frequently asked questions

  • Duraweld Metsys Private Limited was incorporated on 16 Oct 1989.

  • The authorized share capital of Duraweld Metsys Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.81 M.

  • Currently 5 directors are associated with Duraweld Metsys Private Limited.

    • Dilip Ramkrishna Peshwe
    • Sumedh Patwardhan Shekhar
    • Nikhil Jayant Patwardhan
    • Shekhar Madhukar Patwardhan
    • Rohini Shekhar Patwardhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Duraweld Metsys Private Limited is U 139 Midchingna Rd, Nagpur, Maharashtra, India, 440016.

  • The corporate identification number (CIN) of Duraweld Metsys Private Limited is U27200MH1989PTC053894 and the company number is 053894 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Duraweld Metsys Private Limited is https://www.duraweldmetsys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Duraweld Metsys Private Limited has risen by 161.91%.

  • As Per 2023 financial reports, 42 employees are currently employed by Duraweld Metsys Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Duraweld Metsys Private Limited has experienced an downturn of -39.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Duraweld Metsys Private Limited amount to ₹ 3.80 Cr.

  • The most recent Balance Sheet for Duraweld Metsys Private Limited was filed with the ROC on 31 Mar 2023.

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