Watts Heating Equipments (India) Private Limited

Manufactures heating equipment and electrical components for various industries.

2011 | Pune, Maharashtra (India) | Active
Last Updated: December 25, 2024

Watts Heating Equipments (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.70 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.05 Cr
  • Satisfied Charges ₹ 1.33 Cr
  • Revenue Growth 22.99%
  • Profit Growth -30.01%
  • Ebitda 74.76%
  • Net Worth 10.81%
  • Total Assets 6.54%

About Watts Heating Equipments (India)

Watts Heating Equipments (India) Private Limited (WHEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 2011 and has a history of 13 years and 11 months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 M and a paid-up capital of Rs 3.70 M.

The company currently has active open charges totaling ₹3.05 Cr. The company has closed loans amounting to ₹1.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satish Kirane, Kalpana Kirane, and Rohit Kirane serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29253PN2011PTC138590

  • Company No.

    138590

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables
Machinery and Equipment

What products or services does Watts Heating Equipments (India) Private Limited offer?

Watts Heating Equipments (India) Private Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Heater & Heating Components, Industrial Heaters, Home Appliances & Kitchen Appliances, Microwave Oven for Home.

Who are the key members and board of directors at Watts Heating Equipments (India)?

Board Members (3)

Name Designation Appointment Date Status
Rohit Kirane Country flag representing In Director 19-Feb-2011 Current
Satish Kirane Country flag representing In Director 19-Feb-2011 Current
Kalpana Kirane Country flag representing In Director 19-Feb-2011 Current

Financial Performance of Watts Heating Equipments (India).

Watts Heating Equipments (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.99% increase. The company also saw a substantial fall in profitability, with a 30.01% decrease in profit. The company's net worth Soared by an impressive increase of 10.81%.

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
22.99%
Revenue from Operations
25.05%
Total Assets
6.54%
Profit or Loss
-30.01%
Net Worth
10.81%
EBITDA
74.76%

What is the Ownership and Shareholding Structure of Watts Heating Equipments (India)?

In 2021, Watts Heating Equipments (India) had a promoter holding of 69.53% and a public holding of 30.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.51 M

Satisfied Charges

₹13.30 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.05 Cr

Latest Charge Details

Date Lender Amount Status
06 Apr 2022 Hdfc Bank Limited ₹1.28 M Open
19 Jun 2021 Hdfc Bank Limited ₹0.73 M Open
21 Jul 2018 Hdfc Bank Limited ₹2.85 Cr Open
06 Oct 2017 Others ₹2.00 M Satisfied
06 Jan 2016 The Cosmos Co-Operative Bank Ltd (Chinchwad Branch) ₹5.00 M Satisfied

How Many Employees Work at Watts Heating Equipments (India)?

Watts Heating Equipments (India) has a workforce of 13 employees as of Apr 09, 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 Watts Heating Equipments (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 Watts Heating Equipments (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 Watts Heating Equipments (India)

Recent activity within the organization

  • Annual General Meeting

    Watts Heating Equipments (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 28.50 M registered on 21 Jul 2018 with Charge ID 100229189 was modified on 29 Jul 2024.

    29 Jul 2024

  • Balance Sheet

    Watts Heating Equipments (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.28 M with Charge ID 100592477 was registered on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.73 M with Charge ID 100465040 was registered on 19 Jun 2021.

    19 Jun 2021

  • Charges

    A charge registered on 16 Nov 2011 via Charge ID 10326391 with Others was fully satisfied on 10 Jan 2020.

    10 Jan 2020

Frequently asked questions

  • Watts Heating Equipments (India) Private Limited was incorporated on 19 Feb 2011.

  • The authorized share capital of Watts Heating Equipments (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.70 M.

  • Currently 3 directors are associated with Watts Heating Equipments (India) Private Limited.

    • Satish Krishnaji Kirane
    • Kalpana Satish Kirane
    • Rohit Satish Kirane
  • As per Ministry of Corporate Affairs (Mca), the registered address of Watts Heating Equipments (India) Private Limited is T-41 M.I.D.C. Ind. Estate, Bhosari India, Pune, Maharashtra, 411026.

  • The corporate identification number (CIN) of Watts Heating Equipments (India) Private Limited is U29253PN2011PTC138590 and the company number is 138590 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Watts Heating Equipments (India) Private Limited is https://www.wattsheatingequipments.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Watts Heating Equipments (India) Private Limited has risen by 22.99%.

  • As Per 2022 financial reports, 13 employees are currently employed by Watts Heating Equipments (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Watts Heating Equipments (India) Private Limited has experienced an upsurge of 10.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Watts Heating Equipments (India) Private Limited amount to ₹ 3.05 Cr.

  • The most recent Balance Sheet for Watts Heating Equipments (India) Private Limited was filed with the ROC on 31 Mar 2024.

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