Walco Engineering Ltd

Designs and produces cooling systems, including panels, doors, towers, and ripening systems.

1973 | Delhi (India) | Active
Last Updated:

Walco Engineering Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.45 Cr
  • Satisfied Charges ₹ 4.03 M
  • Revenue Growth -100.00%
  • Profit Growth 26.44%
  • Ebitda 86.01%
  • Net Worth -25.01%
  • Total Assets -50.41%

About Walco Engineering

Walco Engineering Ltd (WEL) was founded in India on 31 August 1973 and has a glorious history of 51 years and seven months.Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 1.20 M.

The company currently has active open charges totaling ₹4.45 Cr. The company has closed loans amounting to ₹4.03 M, as per Ministry of Corporate Affairs (MCA) records.

Jang Singh, Jasmohan Singh, Jagmit Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210DL1973PLC006805

  • Company No.

    006805

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 1973

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Walco Engineering Ltd offer?

Walco Engineering Ltd offers a wide range of products and services, including Insulators & Insulation Materials, Sandwich Panels.

Company report

Walco Engineering Ltd

Explore comprehensive data for Walco Engineering Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Walco Engineering?

Board Members (4)

NameDesignationAppointment DateStatus
Jagmit Singh Country flag representing In Director 24-Sep-1999Current
Gurmit Singh Country flag representing In Director 01-Oct-1986Current
Jang Singh Country flag representing Us Director 23-Sep-1999Current
Jasmohan Singh Country flag representing In Director 01-Oct-1986Current

Financial Performance of Walco Engineering.

Walco Engineering Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 26.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.01%.

Walco Engineering revenue growth over time
Walco Engineering 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
-100.00%
Revenue from Operations
Total Assets
-50.41%
Profit or Loss
26.44%
Net Worth
-25.01%
EBITDA
86.01%

What is the Ownership and Shareholding Structure of Walco Engineering?

In 2019, Walco Engineering 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

₹44.48 M

Satisfied Charges

₹4.03 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.45 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2012Canara Bank₹1.45 CrOpen
02 Jul 2008Canara Bank₹3.00 MOpen
11 Aug 2007Canara Bank₹3.00 MOpen
11 Aug 2007Canara Bank₹1.00 MOpen
13 Jun 2007Canara Bank₹1.26 MOpen

How Many Employees Work at Walco Engineering?

Walco Engineering has a workforce of 24 employees as of Apr 03, 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 Walco Engineering Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Walco Engineering, 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 Walco Engineering'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 Walco Engineering

Recent activity within the organization

  • Annual General Meeting

    Walco Engineering Ltd last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Walco Engineering Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Canara Bank amounted to Rs. 14.50 M with Charge ID 10340233 was registered on 21 Feb 2012.

  • Charges

    A charge with Canara Bank of Rs. 3.00 M registered on 11 Aug 2007 with Charge ID 10066612 was modified on 02 Feb 2009.

  • Charges

    A charge with Canara Bank of Rs. 1.00 M registered on 11 Aug 2007 with Charge ID 10066613 was modified on 02 Feb 2009.

  • Charges

    A charge with Canara Bank amounted to Rs. 3.00 M with Charge ID 10111809 was registered on 02 Jul 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Walco Engineering Ltd?

    Walco Engineering Ltd was incorporated on 31 Aug 1973.

  • What is authorized share capital and paid-up capital of Walco Engineering Ltd?

    The authorized share capital of Walco Engineering Ltd is ₹ 4.00 M and paid-up capital is ₹ 1.20 M.

  • Who are the current board members & directors of Walco Engineering Ltd?

    Currently 4 directors are associated with Walco Engineering Ltd.

    • Jang Bahadur Singh
    • Jasmohan Singh
    • Jagmit Singh
    • Gurmit Singh
  • What is the registered address of Walco Engineering Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Walco Engineering Ltd is 7/17 Kirti Nagar India, New Delhi, 110015.

  • What is the corporate identification number (CIN) and company number of Walco Engineering Ltd?

    The corporate identification number (CIN) of Walco Engineering Ltd is U74210DL1973PLC006805 and the company number is 006805 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Walco Engineering Ltd?

    According to the financial reports for the fiscal year 2021, the revenue trend for Walco Engineering Ltd has fallen by -100.00%.

  • How many employees does Walco Engineering Ltd currently have?

    As Per 2021 financial reports, 24 employees are currently employed by Walco Engineering Ltd.

  • What change has been observed in the net worth of Walco Engineering Ltd, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Walco Engineering Ltd has experienced an downturn of -25.01%.

  • What are the total open charges for Walco Engineering Ltd?

    As per the financial statements for fiscal Year 2021, The total open charges for Walco Engineering Ltd amount to ₹ 4.45 Cr.

  • When was the last Balance Sheet of Walco Engineering Ltd filed with the ROC?

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

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