Westcoast Pharmaceutical Works Limited

Global pharmaceutical company manufacturing diverse range of products for clients worldwide.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 03, 2025

Westcoast Pharmaceutical Works Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 85.57 Cr
  • Satisfied Charges ₹ 10.26 Cr
  • Revenue Growth 5.95%
  • Profit Growth 518.16%
  • Ebitda -51.93%
  • Net Worth 199.34%
  • Total Assets 109.13%

About Westcoast Pharmaceutical Works

Westcoast Pharmaceutical Works Limited (WPWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 April 2007 and has a history of 17 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Pharma 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 1.50 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹85.57 Cr. The company has closed loans amounting to ₹10.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamlesh Patel, Nareshbhai Patel, Bipinkumar Vekaria, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    westcoastin.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24233GJ2007PLC050504

  • Company No.

    050504

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Westcoast Pharmaceutical Works Limited offer?

Westcoast Pharmaceutical Works Limited offers a wide range of products and services, including Hand Sanitizers & Personal Hygiene, Organic Soap, TB, Tumor & Cancer Drugs, Anti Cancer Medicines, Face Wash, Cardiovascular Drugs & Medication, Blood Pressure Medicine, Common Disease Medicines, Herbal Cough Syrup, Ayurvedic,Herbal Products & Medicine.

Who are the key members and board of directors at Westcoast Pharmaceutical Works?

Board Members (4)

NameDesignationAppointment DateStatus
Kamlesh Patel Country flag representing In Whole-Time Director 11-Apr-2007Current
Nareshbhai Patel Country flag representing In Director 11-Apr-2007Current
Bipinkumar Vekaria Country flag representing In Director 20-Dec-2022Current
Minesh Parikh Country flag representing In Director 20-Dec-2022Current

Financial Performance of Westcoast Pharmaceutical Works.

Westcoast Pharmaceutical Works Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.95% increase. The company also saw a substantial improvement in profitability, with a 518.16% increase in profit. The company's net worth Soared by an impressive increase of 199.34%.

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
5.95%
Revenue from Operations
4.89%
Total Assets
109.13%
Profit or Loss
518.16%
Net Worth
199.34%
EBITDA
-51.93%

What is the Ownership and Shareholding Structure of Westcoast Pharmaceutical Works?

In 2022, Westcoast Pharmaceutical Works 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

₹85.57 Cr

Satisfied Charges

₹10.26 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 85.57 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2022Hdfc Bank Limited₹0.70 MOpen
31 Jul 2020Hdfc Bank Limited₹1.00 MOpen
17 Jun 2016Hdfc Bank Limited₹85.40 CrOpen
28 Jun 2016Hdfc Bank Limited₹5.00 MSatisfied
23 Jul 2013Bank Of Baroda₹1.50 CrSatisfied

How Many Employees Work at Westcoast Pharmaceutical Works?

Westcoast Pharmaceutical Works has a workforce of 397 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 Westcoast Pharmaceutical Works, 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 Westcoast Pharmaceutical Works'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 Westcoast Pharmaceutical Works

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 85.40 Cr registered on 17 Jun 2016 with Charge ID 100042027 was modified on 09 Oct 2024.

    09 Oct 2024

  • Annual General Meeting

    Westcoast Pharmaceutical Works Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Westcoast Pharmaceutical Works Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Bipinkumar Bhagwanjibhai Vekaria was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 2 years 2 months .

    20 Dec 2022

  • Director Appointment

    Minesh Surendra Parikh was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 2 years 2 months .

    20 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100630224 was registered on 01 Nov 2022.

    01 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Westcoast Pharmaceutical Works Limited was incorporated on 11 Apr 2007.

  • The authorized share capital of Westcoast Pharmaceutical Works Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 4 directors are associated with Westcoast Pharmaceutical Works Limited.

    • Kamlesh Chandrakantbhai Patel
    • Nareshbhai Kacharalal Patel
    • Bipinkumar Bhagwanjibhai Vekaria
    • Minesh Surendra Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Westcoast Pharmaceutical Works Limited is F.P. No. 17 16/5 Meldi Estate Nr. Gota Crossing Chandlodia Road, India, Ahmedabad, Gujarat, 382481.

  • The corporate identification number (CIN) of Westcoast Pharmaceutical Works Limited is U24233GJ2007PLC050504 and the company number is 050504 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Westcoast Pharmaceutical Works Limited is https://www.westcoastin.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Westcoast Pharmaceutical Works Limited has risen by 5.95%.

  • As Per 2022 financial reports, 397 employees are currently employed by Westcoast Pharmaceutical Works Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Westcoast Pharmaceutical Works Limited has experienced an upsurge of 199.34%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Westcoast Pharmaceutical Works Limited amount to ₹ 85.57 Cr.

  • The most recent Balance Sheet for Westcoast Pharmaceutical Works Limited was filed with the ROC on 31 Mar 2023.

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