Walchandnagar Industries Limited

Manufacturer of heavy engineering components, EPC projects, and turnkey services with global reach.

1908 | Mumbai, Maharashtra (India) | Active
Last Updated: July 12, 2024

Walchandnagar Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.08 Cr
  • Company Age 116 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,178.26 Cr
  • Satisfied Charges ₹ 2,111.23 Cr
  • Revenue Growth 3.76%
  • Profit Growth 151.43%
  • Ebitda -256.58%
  • Net Worth 47.27%
  • Total Assets -11.29%

About Walchandnagar Industries

Walchandnagar Industries Limited (WIL) was founded in India on 25 November 1908 and has a glorious history of 116 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507410 and on the National Stock Exchange(NSE) under WALCHANNAG.

The Corporate was formerly known as Tiwac Industries 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 25.00 Cr and a paid-up capital of Rs 11.08 Cr.

The company currently has active open charges totaling ₹1,178.26 Cr. The company has closed loans amounting to ₹2,111.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Walchandnagar Industries Limited India are Giriraj Agrawal as Company Secretary, Sandeep Jain as Cfo, and Chirag Doshi as Ceo. Jayesh Dadia, Chirag Doshi, Chakor Doshi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999MH1908PLC000291

  • Company No.

    000291

  • Stock Symbol

    BSE : 507410 NSE : WALCHANNAG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1908

  • Date of AGM

    09 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Walchandnagar Industries Limited offer?

Walchandnagar Industries Limited offers a wide range of products and services, including Cement and Concrete, Cement Plant Machinery & Parts, Measurement Gauges & Gauge Fittings, Pressure Gauge, Chemical Plants & Machinery, Chemical Plant, Environment Protection & Auditing, Environmental Consultants, Orthopedic Equipment & Supplies, Orthopedic Trauma Implants.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Chirag Doshi Country flag representing In Managing Director25-Nov-2007Current
Giriraj Agrawal Country flag representing In Company Secretary30-Jan-2009Current
Sandeep Jain Country flag representing In CFO22-May-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Jayesh Dadia Country flag representing In Director 30-May-2022Current
Chakor Doshi Country flag representing In Director 15-May-1979Current
Giriraj Agrawal Country flag representing In Whole-Time Director and Company Secretary 02-Aug-2022Current
Anil Kakodkar Country flag representing In Director 27-Dec-2010Current
Rupal Vora Country flag representing In Director 07-Aug-2019Current

Financial Performance of Walchandnagar Industries.

Walchandnagar Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.76% increase. The company also saw a substantial improvement in profitability, with a 151.43% increase in profit. The company's net worth Soared by an impressive increase of 47.27%.

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
3.76%
Revenue from Operations
7.65%
Total Assets
-11.29%
Profit or Loss
151.43%
Net Worth
47.27%
EBITDA
-256.58%

What is the Ownership and Shareholding Structure of Walchandnagar Industries?

In 2023, Walchandnagar Industries had a promoter holding of 34.87% and a public holding of 65.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,178.26 Cr

Satisfied Charges

₹2,111.23 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 920.00 Cr
  • Others : 243.00 Cr
  • State Bank Of India : 15.00 Cr
  • Bank Of India : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2018Bank Of India₹2.55 MOpen
04 Sep 2017Others₹186.00 CrOpen
04 Sep 2017Others₹57.00 CrOpen
25 Oct 2011Sbicap Trustee Company Limited₹920.00 CrOpen
20 Jan 2006State Bank Of India₹15.00 CrOpen

How Many Employees Work at Walchandnagar Industries?

Walchandnagar Industries has a workforce of 1051 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Walchandnagar 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 Walchandnagar 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 Walchandnagar Industries

Recent activity within the organization

  • Annual General Meeting

    Walchandnagar Industries Limited last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.

    09 Aug 2023

  • Balance Sheet

    Walchandnagar Industries 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 03 Nov 2020 via Charge ID 100390782 with Sbicap Trustee Company Limited was fully satisfied on 02 Jan 2023.

    02 Jan 2023

  • Charges

    A charge registered on 03 Nov 2020 via Charge ID 100390783 with Sbicap Trustee Company Limited was fully satisfied on 02 Jan 2023.

    02 Jan 2023

  • Director Appointment

    Jayesh Chaturdas Dadia was appointed as a Director was appointed as a Director on 30 May 2022 & has been associated with this company since 2 years 8 months .

    30 May 2022

  • Charges

    A charge with Others of Rs. 186.00 Cr registered on 04 Sep 2017 with Charge ID 100122775 was modified on 13 Apr 2022.

    13 Apr 2022

Frequently asked questions

  • Walchandnagar Industries Limited was incorporated on 25 Nov 1908.

  • The authorized share capital of Walchandnagar Industries Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.08 Cr.

  • Currently 9 directors are associated with Walchandnagar Industries Limited.

    • Jayesh Chaturdas Dadia
    • Chirag Chakor Doshi
    • Chakor Lalchand Doshi
    • Giriraj Sharan Agrawal
    • Anil Purushottam Kakodkar
    • Rupal Anand Vora
    • Giriraj Sharan Agrawal
    • Sandeep Kumar Jain
    • Chirag Chakor Doshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Walchandnagar Industries Limited is 3 Walchand Terracesopp Air Conditioned Market, Tardeo, Mumbai, Maharashtra, India, 400034.

  • The corporate identification number (CIN) of Walchandnagar Industries Limited is L74999MH1908PLC000291 and the company number is 000291 as per Ministry of Corporate Affairs (MCA).

  • Yes, Walchandnagar Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): WALCHANNAG.

  • The Official website of Walchandnagar Industries Limited is https://www.walchand.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Walchandnagar Industries Limited has risen by 3.76%.

  • As Per 2023 financial reports, 1051 employees are currently employed by Walchandnagar Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Walchandnagar Industries Limited has experienced an upsurge of 47.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Walchandnagar Industries Limited amount to ₹ 1,178.26 Cr.

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

Similar Companies Based on Heavy Engineering & Manufacturing