Gartels Werke Limited logo

Gartels Werke Limited

Manufactures helical springs and various industrial equipment for multiple applications.
1984 | Mumbai, Maharashtra (India) | Active

Last Updated:

June 15, 2024
HomeCompanyGartels Werke Limited

Who are the key members and board of directors at Gartels Werke?

Board Members(3)

NameDesignationAppointment DateStatus
Vikrant Churi In Director 01-Apr-2023Current
Ajaykumar Shah In Director 02-Mar-1998Current
Rohit Panicker In Director 21-Feb-2018Current

Financial Performance and Corporate Structure Insights of Gartels Werke.

Gartels Werke Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.82% increase. The company also saw a substantial improvement in profitability, with a 221.74% increase in profit. The company's net worth Soared by an impressive increase of 40.6%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.82%
Revenue from Operations
49.84%
Total Assets
25.01%
Profit or Loss
221.74%
Net Worth
40.60%
EBITDA
116.09%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹8.99 Cr

₹26.20 Cr

LenderAmountStatus

Others

Creation Date: 30 Dec 2021
₹7.99 CrOpen

Others

Creation Date: 01 Oct 2021
₹1.00 CrOpen

Others

Creation Date: 25 Mar 2016
₹2.01 CrSatisfied

How Many Employees Work at Gartels Werke?

Gartels Werke has a workforce of 79 employees as of Apr 09, 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.

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Latest Updates, News, and FAQs on Gartels Werke

Recent activity within the organization

  • Annual General Meeting

    Gartels Werke Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Vikrant Narayan Churi was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 8 months .

    01 Apr 2023

  • Balance Sheet

    Gartels Werke Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.99 Cr with Charge ID 100519013 was registered on 30 Dec 2021.

    30 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100506205 was registered on 01 Oct 2021.

    01 Oct 2021

  • Charges

    A charge registered on 25 Mar 2016 via Charge ID 100028276 with Others was fully satisfied on 01 Feb 2021.

    01 Feb 2021

Frequently asked questions

  • Gartels Werke Limited was incorporated on 24 Aug 1984.

  • The authorized share capital of Gartels Werke Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 3 directors are associated with Gartels Werke Limited.

    • Vikrant Narayan Churi
    • Ajaykumar Gunvantrai Shah
    • Rohit Damodar Panicker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gartels Werke Limited is 217 Mastermind-V Royal Palms Aarey Milk Colony Goregaon (E), Mumbai, Maharashtra, India, 400065.

  • The corporate identification number (CIN) of Gartels Werke Limited is U74999MH1984PLC033835 and the company number is 033835 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gartels Werke Limited is https://www.gartelsprings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gartels Werke Limited has risen by 49.82%.

  • As Per 2023 financial reports, 79 employees are currently employed by Gartels Werke Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gartels Werke Limited has experienced an upsurge of 40.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gartels Werke Limited amount to ₹ 8.99 Cr.

  • The most recent Balance Sheet for Gartels Werke Limited was filed with the ROC on 31 Mar 2023.

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