Wartsila India Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.88 Cr
- Company Age 38 Year, 10 Months
- Last Filing with ROC 31 Dec 2023
- Satisfied Charges ₹ 143.54 Cr
- Revenue Growth 6.95%
- Profit Growth -24.30%
- Ebitda -14.55%
- Net Worth 0.36%
- Total Assets -4.67%
About Wartsila India
Wartsila India Private Limited (WIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 April 1986 and has a history of 38 years and ten months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Wartsila India Limited. 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 December 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 10.88 Cr.
The company has closed loans amounting to ₹143.54 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Wartsila India Private Limited India is Srinivas Sankaranarayanan as COMPANY SECRETARY. Pranesh Ramakrishnan, Bengt Richardsson, Ramachandran Venkatesh, and Two other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1986PTC062170
- Company No.
062170
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1986
- Date of AGM
27 Jun 2024
- Date of Balance Sheet
31 Dec 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Wartsila India Private Limited offer?
Wartsila India Private Limited offers a wide range of products and services, including Repair & Maintenance Services, Machinery Repairs, Engine & Engine Spare Parts, Industrial Engines, Seals, Oil Seals & Industrial Seals, Pump Seals, Oil Seals, Alloy, Metal and Industrial Nuts, Machine Nuts, Diesel Engine.
Who are the key members and board of directors at Wartsila India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramachandran Venkatesh  | Managing Director | 05-Apr-2021 | Current |
| Srinivas Sankaranarayanan | Company Secretary | 28-Feb-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pranesh Ramakrishnan | Director | 07-Apr-2021 | Current |
Antti Saares  | Director | 23-Oct-2020 | Current |
Bengt Richardsson  | Director | 31-May-2023 | Current |
| Frederic Carron | Director | 19-Jul-2020 | Current |
Financial Performance of Wartsila India.
Wartsila India Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.95% increase. The company also saw a substantial fall in profitability, with a 24.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.36%.
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What is the Ownership and Shareholding Structure of Wartsila India?
In 2022, Wartsila India had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Finland Chamber Of Commerce In IndiaRamachandran Venkatesh is a mutual person
Charges (Loans)
₹0
₹143.54 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 113.54 Cr
- Ge Capital Services Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Dec 2002 | Ge Capital Services Limited | ₹30.00 Cr | Satisfied |
| 01 Feb 1993 | Bank Of Baroda | ₹110.00 Cr | Satisfied |
| 23 Oct 1989 | Bank Of Baroda | ₹3.54 Cr | Satisfied |
How Many Employees Work at Wartsila India?
Wartsila India has a workforce of 573 employees as of Apr 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Wartsila India, 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 Wartsila India's trajectory.
Rating
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
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.
