Friction Welding Technologies Private Limited

Manufacturer of friction welding machines and contract manufacturing services for various industries.

2005 | Pune, Maharashtra (India) | Active
Last Updated:

Friction Welding Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.98 Cr
  • Satisfied Charges ₹ 5.60 M
  • Revenue Growth -13.48%
  • Profit Growth -73.56%
  • Ebitda -59.48%
  • Net Worth 2.88%
  • Total Assets 74.00%

About Friction Welding Technologies

Friction Welding Technologies Private Limited (FWTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 2005 and has a history of 19 years and three months. Its registered office is in Pune, Maharashtra, India.

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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.98 Cr. The company has closed loans amounting to ₹5.60 M, as per Ministry of Corporate Affairs (MCA) records.

Yatin Tambe, Daniel Adams, Richard Jones, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2005PTC021710

  • Company No.

    021710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Friction Welding Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Vipul Kulkarni Country flag representing In Managing Director17-Oct-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Yatin Tambe Country flag representing In Director 20-Dec-2005Current
Daniel Adams Country flag representing Us Director 17-Oct-2022Current
Richard Jones Country flag representing Gb Director 17-Oct-2022Current
Robert Mazzacavallo Country flag representing Us Director 26-Mar-2024Current

Financial Performance of Friction Welding Technologies.

Friction Welding Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.48% decrease. The company also saw a substantial fall in profitability, with a 73.56% decrease in profit. The company's net worth moved up by a moderate rise of 2.88%.

Friction Welding Technologies revenue growth over time
Friction Welding Technologies 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
-13.48%
Revenue from Operations
-17.88%
Total Assets
74.00%
Profit or Loss
-73.56%
Net Worth
2.88%
EBITDA
-59.48%

What is the Ownership and Shareholding Structure of Friction Welding Technologies?

In 2023, Friction Welding Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.83 M

Satisfied Charges

₹5.60 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.98 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2021Hdfc Bank Limited₹3.83 MOpen
09 Jan 2013Hdfc Bank Limited₹1.60 CrOpen
10 Aug 2010Th Janata Sahakari Bank Limited. Pune₹2.00 MSatisfied
10 Aug 2010Th Janata Sahakari Bank Limited. Pune₹1.90 MSatisfied
17 Mar 2008Hdfc Bank Limited₹1.50 MSatisfied

How Many Employees Work at Friction Welding Technologies?

Friction Welding Technologies has a workforce of 54 employees as of Apr 07, 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.

Employee growth trends for Friction Welding Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friction Welding Technologies, 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 Friction Welding Technologies'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 Friction Welding Technologies

Recent activity within the organization

  • Director Appointment

    Robert James Mazzacavallo was appointed as a Director was appointed as a Director on 26 Mar 2024 & has been associated with this company since 1 year 2 days .

  • Annual General Meeting

    Friction Welding Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Friction Welding Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Director Appointment

    Daniel Charles Adams was appointed as a Director was appointed as a Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Richard Mark Alan Jones was appointed as a Director was appointed as a Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Vipul Vijay Kulkarni was appointed as a Managing Director was appointed as a Managing Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Friction Welding Technologies Private Limited?

    Friction Welding Technologies Private Limited was incorporated on 20 Dec 2005.

  • What is authorized share capital and paid-up capital of Friction Welding Technologies Private Limited?

    The authorized share capital of Friction Welding Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Friction Welding Technologies Private Limited?

    Currently 5 directors are associated with Friction Welding Technologies Private Limited.

    • Yatin Suresh Tambe
    • Daniel Charles Adams
    • Richard Mark Alan Jones
    • Vipul Vijay Kulkarni
    • Robert James Mazzacavallo
  • What is the registered address of Friction Welding Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Friction Welding Technologies Private Limited is S No. 326 A/P – Gauddara Gauddara Road Khed-Shivapur Haveli, India, Pune, Maharashtra, 412205.

  • What is the corporate identification number (CIN) and company number of Friction Welding Technologies Private Limited?

    The corporate identification number (CIN) of Friction Welding Technologies Private Limited is U29299PN2005PTC021710 and the company number is 021710 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Friction Welding Technologies Private Limited?

    The Official website of Friction Welding Technologies Private Limited is https://www.frictionwelding.in

  • What has been the recent revenue trend for Friction Welding Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Friction Welding Technologies Private Limited has fallen by -13.48%.

  • How many employees does Friction Welding Technologies Private Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Friction Welding Technologies Private Limited.

  • What change has been observed in the net worth of Friction Welding Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Friction Welding Technologies Private Limited has experienced an upsurge of 2.88%.

  • What are the total open charges for Friction Welding Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Friction Welding Technologies Private Limited amount to ₹ 1.98 Cr.

  • When was the last Balance Sheet of Friction Welding Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Friction Welding Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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