Welspun Advanced Materials (India) Limited

Manufactures and sells advanced fiber-based materials and technical textiles.

2019 | Hyderabad, Telangana (India) | Active
Last Updated: January 10, 2025

Welspun Advanced Materials (India) Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 33.01 Cr
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 284.74 Cr
  • Satisfied Charges ₹ 155.00 Cr
  • Revenue Growth 1639.49%
  • Profit Growth -1925.82%
  • Ebitda 19827.13%
  • Net Worth -0.02%
  • Total Assets 10.43%

About Welspun Advanced Materials (India)

Welspun Advanced Materials (India) Limited (WAMIL) is a Public Limited Indian Non-Government Company incorporated in India on 03 December 2019 (Five years and two months 0 days old ). Its registered office is in Hyderabad, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 33.01 Cr.

The company currently has active open charges totaling ₹284.74 Cr. The company has closed loans amounting to ₹155.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Welspun Advanced Materials (India) Limited India are Sharad Agarwal as CFO and Shashikant Thorat as Company Secretary. Harish Gupta, Guggilam Kumar, Balkrishan Goenka, and Six other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309TG2019PLC137277

  • Company No.

    137277

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 2019

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

Who are the key members and board of directors at Welspun Advanced Materials (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Sharad Agarwal CFO14-May-2021Current
Shashikant Thorat Company Secretary14-May-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Rajesh Mandawewala Country flag representing In Director 03-Dec-2019Current
Guggilam Kumar Country flag representing In Additional Director 04-Jun-2024Current
Dipali Goenka Country flag representing In Director 03-Dec-2019Current
Balkrishan Goenka Country flag representing In Director 03-Dec-2019Current
Harish Gupta Country flag representing In Additional Director 19-Apr-2024Current
Lalchand Hotwani Country flag representing In Director 19-Apr-2024Current

Financial Performance of Welspun Advanced Materials (India).

Welspun Advanced Materials (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1639.49% increase. The company also saw a substantial fall in profitability, with a 1925.82% decrease in profit. The company's net worth dipped by a decrease of 0.02%.

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
1639.49%
Revenue from Operations
2489.56%
Total Assets
10.43%
Profit or Loss
-1925.82%
Net Worth
-0.02%
EBITDA
19827.13%

What is the Ownership and Shareholding Structure of Welspun Advanced Materials (India)?

In 2023, Welspun Advanced Materials (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹284.74 Cr

Satisfied Charges

₹155.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 284.74 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2022Others₹75.00 CrOpen
04 Jan 2021Others₹209.74 CrOpen
18 Aug 2021Axis Bank Limited₹50.00 CrSatisfied
11 Aug 2020Others₹105.00 CrSatisfied

How Many Employees Work at Welspun Advanced Materials (India)?

Welspun Advanced Materials (India) has a workforce of 143 employees as of Mar 31, 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 Welspun Advanced Materials (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 Welspun Advanced Materials (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 Welspun Advanced Materials (India)

Recent activity within the organization

  • Annual General Meeting

    Welspun Advanced Materials (India) Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Guggilam Rajagopalan Arun Kumar was appointed as a Additional Director was appointed as a Additional Director on 04 Jun 2024 & has been associated with this company since 7 months 28 days .

    04 Jun 2024

  • Director Appointment

    Harish Chandra Gupta was appointed as a Additional Director was appointed as a Additional Director on 19 Apr 2024 & has been associated with this company since 9 months 13 days .

    19 Apr 2024

  • Director Appointment

    Lalchand Tekchand Hotwani was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 9 months 13 days .

    19 Apr 2024

  • Balance Sheet

    Welspun Advanced Materials (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Anant Charan Panigrahi was appointed as a Additional Director was appointed as a Additional Director on 30 Jan 2024 & has been associated with this company since 1 year 1 day .

    30 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Welspun Advanced Materials (India) Limited was incorporated on 03 Dec 2019.

  • The authorized share capital of Welspun Advanced Materials (India) Limited is ₹ 35.00 Cr and paid-up capital is ₹ 33.01 Cr.

  • Currently 11 directors are associated with Welspun Advanced Materials (India) Limited.

    • Sharad Agarwal
    • Harish Chandra Gupta
    • Guggilam Rajagopalan Arun Kumar
    • Balkrishan Gopiram Goenka
    • Rajesh Rameshkumar Mandawewala
    • Lalchand Tekchand Hotwani
    • Dipali Balkrishan Goenka
    • Chintan Thaker
    • Milind Bhaskar Hardikar
    • Anant Charan Panigrahi
    • Shashikant Bhausaheb Thorat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Advanced Materials (India) Limited is 5-10-197/ Abc Flat No. G5 Reliance Krishna, Hill Fort Road India, Khairatabad, Telangana, 500004.

  • The corporate identification number (CIN) of Welspun Advanced Materials (India) Limited is U17309TG2019PLC137277 and the company number is 137277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welspun Advanced Materials (India) Limited is https://www.welspun.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Advanced Materials (India) Limited has risen by 1639.49%.

  • As Per 2023 financial reports, 143 employees are currently employed by Welspun Advanced Materials (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Advanced Materials (India) Limited has experienced an downturn of -0.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Welspun Advanced Materials (India) Limited amount to ₹ 284.74 Cr.

  • The most recent Balance Sheet for Welspun Advanced Materials (India) Limited was filed with the ROC on 31 Mar 2024.

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