Precision Weldarc Limited logo

Precision Weldarc Limited

This company manufactures and trades welding consumables and flux used in various industries.
2006 | 14G Everest House Kol-700071, West Bengal (India) | Active

Last Updated:

October 23, 2024
HomeCompanyPrecision Weldarc Limited

Who are the key members and board of directors at Precision Weldarc?

Board Members(3)

NameDesignationAppointment DateStatus
Tanay Moosaddee In Whole-Time Director 31-Mar-2006Current
Umesh Goenka In Whole-Time Director 31-Mar-2006Current
Neelu Moosaddee In Director 31-Mar-2006Current

Financial Performance and Corporate Structure Insights of Precision Weldarc.

Precision Weldarc Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.1% increase. The company also saw a substantial improvement in profitability, with a 75.01% increase in profit. The company's net worth Soared by an impressive increase of 13.25%.

Revenue Growth Graph
Profit Loss Graph
  • 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
49.10%
Revenue from Operations
53.21%
Total Assets
28.26%
Profit or Loss
75.01%
Net Worth
13.25%
EBITDA
319.25%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹18.88 Cr

₹25.35 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 31 Jul 2023
₹18.50 CrOpen

Others

Creation Date: 31 Jul 2023
₹1.90 MOpen

Others

Creation Date: 31 Jul 2023
₹1.90 MOpen

How Many Employees Work at Precision Weldarc?

Precision Weldarc has a workforce of 28 employees as of Apr 04, 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 Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Precision Weldarc

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 18.50 Cr registered on 31 Jul 2023 with Charge ID 100763592 was modified on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge registered on 27 Sep 2022 via Charge ID 100705192 with Hdfc Bank Limited was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge registered on 04 Jun 2022 via Charge ID 100582230 with Hdfc Bank Limited was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge registered on 17 Nov 2021 via Charge ID 100504529 with Hdfc Bank Limited was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100773013 was registered on 31 Jul 2023.

    31 Jul 2023

Frequently asked questions

  • Precision Weldarc Limited was incorporated on 31 Mar 2006.

  • The authorized share capital of Precision Weldarc Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.93 Cr.

  • Currently 3 directors are associated with Precision Weldarc Limited.

    • Tanay Moosaddee
    • Umesh Kumar Goenka
    • Neelu Moosaddee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Weldarc Limited is 46C Chowringhee Road Flat14G Everest House Kol-700071 14G House, India, West Bengal.

  • The corporate identification number (CIN) of Precision Weldarc Limited is U27209WB2006PLC108826 and the company number is 108826 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Weldarc Limited is https://www.grouprecision.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Weldarc Limited has risen by 49.10%.

  • As Per 2023 financial reports, 28 employees are currently employed by Precision Weldarc Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Weldarc Limited has experienced an upsurge of 13.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Weldarc Limited amount to ₹ 18.88 Cr.

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

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