Welworth Textiles Pvt Ltd

Textile manufacturing and trading company established in 1949 with headquarters in Mumbai, Maharashtra.

1949 | Mumbai, Maharashtra (India) | Active
Last Updated:

Welworth Textiles Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.63 M
  • Company Age 76 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.54 Cr
  • Revenue Growth 14.56%
  • Profit Growth 43.37%
  • Ebitda 8.25%
  • Net Worth 19.56%
  • Total Assets 7.79%

About Welworth Textiles

Welworth Textiles Pvt Ltd (WTPL) was founded in India on 04 January 1949 and has a glorious history of 76 years and two months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle 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 2.50 M and a paid-up capital of Rs 0.63 M.

The company currently has active open charges totaling ₹6.54 Cr.

Anil Shah, Hasmukh Shah, and Bipin Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28920MH1949PTC005881

  • Company No.

    005881

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1949

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Welworth Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Anil Shah Country flag representing In Director 09-Nov-2009Current
Hasmukh Shah Country flag representing In Director 30-Dec-2010Current
Bipin Shah Country flag representing In Director 30-Dec-2010Current

Financial Performance of Welworth Textiles.

Welworth Textiles Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 14.56% increase. The company also saw a substantial improvement in profitability, with a 43.37% increase in profit. The company's net worth Soared by an impressive increase of 19.56%.

Welworth Textiles revenue growth over time
Welworth Textiles 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
14.56%
Revenue from Operations
8.91%
Total Assets
7.79%
Profit or Loss
43.37%
Net Worth
19.56%
EBITDA
8.25%

What is the Ownership and Shareholding Structure of Welworth Textiles?

In 2023, Welworth Textiles had a public holding of 13.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.37 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.54 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2022Axis Bank Limited₹6.54 CrOpen

How Many Employees Work at Welworth Textiles?

Unlock and access historical data on people associated with Welworth Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Welworth Textiles Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welworth Textiles, 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 Welworth Textiles'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 Welworth Textiles

Recent activity within the organization

  • Annual General Meeting

    Welworth Textiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Welworth Textiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 65.37 M with Charge ID 100592515 was registered on 20 Jun 2022.

  • Director Appointment

    Hasmukh Hiralal Shah was appointed as a Director was appointed as a Director on 30 Dec 2010 & has been associated with this company since 14 years 2 months .

  • Director Appointment

    Bipin Hiralal Shah was appointed as a Director was appointed as a Director on 30 Dec 2010 & has been associated with this company since 14 years 2 months .

  • Director Appointment

    Anil Hiralal Shah was appointed as a Director was appointed as a Director on 09 Nov 2009 & has been associated with this company since 15 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Welworth Textiles Pvt Ltd?

    Welworth Textiles Pvt Ltd was incorporated on 04 Jan 1949.

  • What is authorized share capital and paid-up capital of Welworth Textiles Pvt Ltd?

    The authorized share capital of Welworth Textiles Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 0.63 M.

  • Who are the current board members & directors of Welworth Textiles Pvt Ltd?

    Currently 3 directors are associated with Welworth Textiles Pvt Ltd.

    • Anil Hiralal Shah
    • Hasmukh Hiralal Shah
    • Bipin Hiralal Shah
  • What is the registered address of Welworth Textiles Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Welworth Textiles Pvt Ltd is 144 Abcd Kandivali Co-Op. Industrial Estate Charkop (West), India, Mumbai, Maharashtra, 400067.

  • What is the corporate identification number (CIN) and company number of Welworth Textiles Pvt Ltd?

    The corporate identification number (CIN) of Welworth Textiles Pvt Ltd is U28920MH1949PTC005881 and the company number is 005881 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Welworth Textiles Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Welworth Textiles Pvt Ltd has risen by 14.56%.

  • What change has been observed in the net worth of Welworth Textiles Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Welworth Textiles Pvt Ltd has experienced an upsurge of 19.56%.

  • What are the total open charges for Welworth Textiles Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Welworth Textiles Pvt Ltd amount to ₹ 6.54 Cr.

  • When was the last Balance Sheet of Welworth Textiles Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Welworth Textiles Pvt Ltd was filed with the ROC on 31 Mar 2024.

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