Wavin Industries Limited

Manufacturer of plastic water tanks, piping systems, and molded articles.

2007 | Morena, Madhya Pradesh (India) | Active
Last Updated: December 15, 2024

Wavin Industries Profile

Key Indicators

  • Authorised Capital ₹ 29.50 Cr
  • Paid Up Capital ₹ 11.75 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 106.00 Cr
  • Satisfied Charges ₹ 219.27 Cr
  • Revenue Growth 17.12%
  • Profit Growth -229.74%
  • Ebitda -29.99%
  • Net Worth 58.92%
  • Total Assets 42.75%

About Wavin Industries

Wavin Industries Limited (WIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 August 2007 and has a history of 17 years and five months. Its registered office is in Morena, Madhya Pradesh, India.

The Company is engaged in the Manufacturing 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 29.50 Cr and a paid-up capital of Rs 11.75 Cr.

The company currently has active open charges totaling ₹106.00 Cr. The company has closed loans amounting to ₹219.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wavin Industries Limited India are Sandeep Garg as Cfo, Mahipal Singh as Company Secretary, Chandra Singh as Cfo, and One other members. Sanjay Asher, Krishna Joshi, Randhirsinh Chauhan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Morena, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25202MP2007PLC019781

  • Company No.

    019781

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2007

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Wavin Industries Limited offer?

Wavin Industries Limited offers a wide range of products and services, including PVC, CPVC, HDPE Water Pipe Fittings, Plastic Pipe Fittings, PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes, Plastic Pipe Cap, Polypropylene Fittings, Metal Pipe & Plumbing Fittings, Pipe Unions, Industrial Valves & Valve Fittings, Ball Valves.

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

Executive Team (4)

Name Designation Appointment Date Status
Krishna Joshi Country flag representing In Managing Director 28-Apr-2023 Current
Sandeep Garg Country flag representing In CFO 04-Apr-2024 Current
Mahipal Singh Country flag representing In Company Secretary 20-Sep-2016 Current
Chandra Singh Country flag representing In CFO 21-Jan-2015 Current

Board Members (4)

Name Designation Appointment Date Status
Sudha Navandar Country flag representing In Director 09-Dec-2022 Current
Sanjay Asher Country flag representing In Director 08-Feb-2022 Current
Randhirsinh Chauhan Country flag representing In Director 07-Jun-2024 Current
Sandeep Garg Country flag representing In Whole-Time Director and Cfo 24-Nov-2023 Current

Financial Performance of Wavin Industries.

Wavin Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.12% increase. The company also saw a substantial fall in profitability, with a 229.74% decrease in profit. The company's net worth Soared by an impressive increase of 58.92%.

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
17.12%
Revenue from Operations
16.96%
Total Assets
42.75%
Profit or Loss
-229.74%
Net Worth
58.92%
EBITDA
-29.99%

What is the Ownership and Shareholding Structure of Wavin Industries?

In 2022, Wavin Industries had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹106.00 Cr

Satisfied Charges

₹219.27 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 58.00 Cr
  • State Bank Of India : 30.00 Cr
  • Yes Bank Limited : 18.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2018 The Hongkong And Shanghai Banking Corporation Limited ₹58.00 Cr Open
01 Nov 2017 Yes Bank Limited ₹18.00 Cr Open
28 Nov 2007 State Bank Of India ₹30.00 Cr Open
05 Apr 2022 Yes Bank Limited ₹10.00 Cr Satisfied
26 Mar 2021 The Hongkong And Shanghai Banking Corporation Limited ₹12.00 Cr Satisfied

How Many Employees Work at Wavin Industries?

Wavin Industries has a workforce of 1129 employees as of Apr 08, 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 Wavin 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 Wavin 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 Wavin Industries

Recent activity within the organization

  • Charges

    A charge registered on 05 Apr 2022 via Charge ID 100555646 with Yes Bank Limited was fully satisfied on 02 Sep 2024.

    02 Sep 2024

  • Director Appointment

    Randhirsinh Abasinh Chauhan was appointed as a Director was appointed as a Director on 07 Jun 2024 & has been associated with this company since 7 months 28 days .

    07 Jun 2024

  • Charges

    A charge registered on 26 Mar 2021 via Charge ID 100430159 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Jun 2024.

    03 Jun 2024

  • Charges

    A charge registered on 10 Jun 2020 via Charge ID 100340091 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Jun 2024.

    03 Jun 2024

  • Director Appointment

    Sandeep Garg was appointed as a Cfo was appointed as a Cfo on 04 Apr 2024 & has been associated with this company since 10 months .

    04 Apr 2024

  • Annual General Meeting

    Wavin Industries Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Wavin Industries Limited was incorporated on 30 Aug 2007.

  • The authorized share capital of Wavin Industries Limited is ₹ 29.50 Cr and paid-up capital is ₹ 11.75 Cr.

  • Currently 9 directors are associated with Wavin Industries Limited.

    • Sanjay Khatau Asher
    • Krishna Hanumant Joshi
    • Randhirsinh Abasinh Chauhan
    • Sudha Pravin Navandar
    • Sandeep Garg
    • Sandeep Garg
    • Mahipal Singh
    • Chandra Shekhar Singh
    • Chandra Shekhar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wavin Industries Limited is Plot No 41-42 Banmore Industrial Area District, India, Morena, Madhya Pradesh, 476444.

  • The corporate identification number (CIN) of Wavin Industries Limited is U25202MP2007PLC019781 and the company number is 019781 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wavin Industries Limited is https://www.vectus.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Wavin Industries Limited has risen by 17.12%.

  • As Per 2022 financial reports, 1129 employees are currently employed by Wavin Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Wavin Industries Limited has experienced an upsurge of 58.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Wavin Industries Limited amount to ₹ 106.00 Cr.

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

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