Werner Electric Profile
Key Indicators
- Authorised Capital ₹ 2.36 Cr
- Paid Up Capital ₹ 2.36 Cr
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.71 Cr
- Satisfied Charges ₹ 14.03 Cr
- Revenue Growth 55.39%
- Profit Growth 92.32%
- Ebitda -7.86%
- Net Worth 22.52%
- Total Assets 12.28%
About Werner Electric
Werner Electric Private Limited (WEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 2008 and has a history of 16 years and seven months. Its registered office is in Mysore, Karnataka, India.
The Corporate was formerly known as We Electric India Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.36 Cr and a paid-up capital of Rs 2.36 Cr.
The company currently has active open charges totaling ₹9.71 Cr. The company has closed loans amounting to ₹14.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palyam Vinod and Palayam Uma serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32109KA2008PTC046877
- Company No.
046877
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jun 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Werner Electric Private Limited offer?
Werner Electric Private Limited offers a wide range of products and services, including Fuses, Circuit Breakers & Components, Circuit Breakers, Street, Flood and Commercial Lights, High Mast Lighting, Switches & Switch Boxes, Industrial Switches, Control Switch, Relays and Contactors, Power Contactors, Logic Controllers.
Who are the key members and board of directors at Werner Electric?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palyam Vinod  | Director | 23-Jun-2008 | Current |
| Palayam Uma | Director | 23-Apr-2018 | Current |
Financial Performance of Werner Electric.
Werner Electric Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.39% increase. The company also saw a substantial improvement in profitability, with a 92.32% increase in profit. The company's net worth Soared by an impressive increase of 22.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Werner Electric?
In 2022, Werner Electric had a promoter holding of 95.01% and a public holding of 4.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹9.71 Cr
₹14.03 Cr
Charges Breakdown by Lending Institutions
- Sidbi : 6.43 Cr
- State Bank Of India : 2.70 Cr
- Others : 0.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2024 | Sidbi | ₹1.90 Cr | Open |
| 26 Jun 2024 | Others | ₹5.84 M | Open |
| 27 Mar 2024 | Sidbi | ₹1.90 Cr | Open |
| 30 Jun 2022 | State Bank Of India | ₹2.70 Cr | Open |
| 29 Mar 2022 | Sidbi | ₹1.00 Cr | Open |
How Many Employees Work at Werner Electric?
Unlock and access historical data on people associated with Werner Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Werner Electric, 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 Werner Electric'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.
