The Waxpol Industries Ltd

Manufacturer and marketer of car care products, lubricants, and greases for the automobile industry.

1950 | Kolkata, West Bengal (India) | Active
Last Updated:

The Waxpol Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.09 Cr
  • Company Age 74 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.05 M
  • Satisfied Charges ₹ 9.92 Cr
  • Revenue Growth -0.10%
  • Profit Growth -15.25%
  • Ebitda -28.89%
  • Net Worth 10.83%
  • Total Assets 10.88%

About The Waxpol Industries

The Waxpol Industries Ltd (TWIL) was founded in India on 24 November 1950 and has a glorious history of 74 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.09 Cr.

The company currently has active open charges totaling ₹7.05 M. The company has closed loans amounting to ₹9.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Waxpol Industries Ltd India is Akanksha Garg as CEO. Suresh Baid, Pravir Garg, Sitaram Balasubramanian, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1950PLC019254

  • Company No.

    019254

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1950

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials

What products or services does The Waxpol Industries Ltd offer?

The Waxpol Industries Ltd offers a wide range of products and services, including Cleaning Liquids & Wipes, Automotive Cleaners, Oils, Grease & Lubricants, Automotive Oils, Paints, Wall Putty & Varnishes, Surface Polish, Engine Oil, Gear Oil, Car Care Accessories, Car Cleaning Kit.

Who are the key members and board of directors at The Waxpol Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Akanksha Garg Country flag representing In CEO01-Apr-2019Current
Pravir Garg Country flag representing In Managing Director21-Nov-1986Current

Board Members (7)

NameDesignationAppointment DateStatus
Suresh Baid Country flag representing In Whole-Time Director 02-Jun-2006Current
Sitaram Balasubramanian Country flag representing In Director 13-Apr-2021Current
Subhransu Ganguli Country flag representing In Director 20-Apr-2007Current
Shrey Garg Country flag representing In Whole-Time Director 17-Aug-2012Current
Gunendu Roychowdhury Country flag representing In Whole-Time Director 17-Apr-2012Current
Geetki Garg Country flag representing In Whole-Time Director 24-Aug-2016Current

Financial Performance of The Waxpol Industries.

The Waxpol Industries Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.1% decrease. The company also saw a substantial fall in profitability, with a 15.25% decrease in profit. The company's net worth Soared by an impressive increase of 10.83%.

The Waxpol Industries revenue growth over time
The Waxpol Industries 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
-0.10%
Revenue from Operations
-0.68%
Total Assets
10.88%
Profit or Loss
-15.25%
Net Worth
10.83%
EBITDA
-28.89%

What is the Ownership and Shareholding Structure of The Waxpol Industries?

In 2022, The Waxpol Industries had a promoter holding of 49.75% and a public holding of 50.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.70 Cr

Satisfied Charges

₹9.92 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2024Hdfc Bank Limited₹1.00 MOpen
04 Jul 2024Hdfc Bank Limited₹5.05 MOpen
23 Sep 2022Hdfc Bank Limited₹1.00 MOpen
30 Jun 2015Others₹5.75 CrSatisfied
03 Mar 2005Small Industries Development Bank Of India₹7.50 MSatisfied

How Many Employees Work at The Waxpol Industries?

The Waxpol Industries has a workforce of 250 employees as of Apr 06, 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 The Waxpol Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Waxpol Industries, 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 The Waxpol Industries'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 The Waxpol Industries

Recent activity within the organization

  • Annual General Meeting

    The Waxpol Industries Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101015206 was registered on 19 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100986474 was registered on 04 Jul 2024.

  • Balance Sheet

    The Waxpol Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100699084 was registered on 23 Sep 2022.

  • Director Appointment

    Dipayan Banerji was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Apr 2022 & has been associated with this company since 2 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of The Waxpol Industries Ltd?

    The Waxpol Industries Ltd was incorporated on 24 Nov 1950.

  • What is authorized share capital and paid-up capital of The Waxpol Industries Ltd?

    The authorized share capital of The Waxpol Industries Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 1.09 Cr.

  • Who are the current board members & directors of The Waxpol Industries Ltd?

    Currently 9 directors are associated with The Waxpol Industries Ltd.

    • Suresh Baid
    • Pravir Garg
    • Sitaram Balasubramanian
    • Subhransu Ganguli
    • Shrey Garg
    • Gunendu Bikash Roychowdhury
    • Geetki Garg
    • Dipayan Banerji
    • Akanksha Garg

  • What is the registered address of The Waxpol Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Waxpol Industries Ltd is 9 Mitter House 71, Ganesh Chandra Avenue India, Kolkata, West Bengal, 700013.

  • What is the corporate identification number (CIN) and company number of The Waxpol Industries Ltd?

    The corporate identification number (CIN) of The Waxpol Industries Ltd is U51909WB1950PLC019254 and the company number is 019254 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The Waxpol Industries Ltd?

    The Official website of The Waxpol Industries Ltd is https://www.waxpol.com

  • What has been the recent revenue trend for The Waxpol Industries Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for The Waxpol Industries Ltd has fallen by -0.10%.

  • How many employees does The Waxpol Industries Ltd currently have?

    As Per 2022 financial reports, 250 employees are currently employed by The Waxpol Industries Ltd.

  • What change has been observed in the net worth of The Waxpol Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of The Waxpol Industries Ltd has experienced an upsurge of 10.83%.

  • What are the total open charges for The Waxpol Industries Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for The Waxpol Industries Ltd amount to ₹ 7.05 M.

  • When was the last Balance Sheet of The Waxpol Industries Ltd filed with the ROC?

    The most recent Balance Sheet for The Waxpol Industries Ltd was filed with the ROC on 31 Mar 2024.

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