Wartsila India Private Limited

Manufacturer of marine auxiliaries, engines, and power plants with maintenance and upgrade services.

1986 | Thane, Maharashtra (India) | Active
Last Updated:

Wartsila India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.88 Cr
  • Company Age 39 Year, 1 Month
  • 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 39 years and one month. 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

Machinery and Equipment

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.

Company report

Wartsila India Private Limited

Explore comprehensive data for Wartsila India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Wartsila India?

Executive Team (2)

NameDesignationAppointment DateStatus
Ramachandran Venkatesh Country flag representing In Managing Director05-Apr-2021Current
Srinivas Sankaranarayanan Country flag representing In Company Secretary28-Feb-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Pranesh Ramakrishnan Country flag representing In Director 07-Apr-2021Current
Antti Saares Country flag representing Sg Director 23-Oct-2020Current
Bengt Richardsson Country flag representing Fi Director 31-May-2023Current
Frederic Carron Country flag representing Sg Director 19-Jul-2020Current

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%.

Wartsila India revenue growth over time
Wartsila India 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
6.95%
Revenue from Operations
7.01%
Total Assets
-4.67%
Profit or Loss
-24.30%
Net Worth
0.36%
EBITDA
-14.55%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹143.54 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 113.54 Cr
  • Ge Capital Services Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2002Ge Capital Services Limited₹30.00 CrSatisfied
01 Feb 1993Bank Of Baroda₹110.00 CrSatisfied
23 Oct 1989Bank Of Baroda₹3.54 CrSatisfied

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.

Employee growth trends for Wartsila India Private Limited

Deals i

Graph showing company valuation over time

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

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 Wartsila India

Recent activity within the organization

  • Annual General Meeting

    Wartsila India Private Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Wartsila India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Mumbai.

  • Director Appointment

    Bengt Goran Richardsson was appointed as a Director was appointed as a Director on 31 May 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Pranesh Ramakrishnan was appointed as a Director was appointed as a Director on 07 Apr 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Ramachandran Venkatesh was appointed as a Managing Director was appointed as a Managing Director on 05 Apr 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Antti Petteri Saares was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 4 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Wartsila India Private Limited?

    Wartsila India Private Limited was incorporated on 25 Apr 1986.

  • What is authorized share capital and paid-up capital of Wartsila India Private Limited?

    The authorized share capital of Wartsila India Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.88 Cr.

  • Who are the current board members & directors of Wartsila India Private Limited?

    Currently 6 directors are associated with Wartsila India Private Limited.

    • Pranesh Ramakrishnan
    • Srinivas Sankaranarayanan
    • Bengt Goran Richardsson
    • Ramachandran Venkatesh
    • Antti Petteri Saares
    • Frederic Nicolas Michel Carron

  • What is the registered address of Wartsila India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wartsila India Private Limited is 10Th Floor Tower 1 Seawoods Grand Central Sector 40 Seawood Railway Station Neru L Node, India, Navi Mumbai, Maharashtra, 400706.

  • What is the corporate identification number (CIN) and company number of Wartsila India Private Limited?

    The corporate identification number (CIN) of Wartsila India Private Limited is U99999MH1986PTC062170 and the company number is 062170 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wartsila India Private Limited?

    The Official website of Wartsila India Private Limited is https://www.wartsila.com

  • What has been the recent revenue trend for Wartsila India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Wartsila India Private Limited has risen by 6.95%.

  • How many employees does Wartsila India Private Limited currently have?

    As Per 2022 financial reports, 573 employees are currently employed by Wartsila India Private Limited.

  • What change has been observed in the net worth of Wartsila India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Wartsila India Private Limited has experienced an upsurge of 0.36%.

  • When was the last Balance Sheet of Wartsila India Private Limited filed with the ROC?

    The most recent Balance Sheet for Wartsila India Private Limited was filed with the ROC on 31 Dec 2023.

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