Western Abrasive Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 36 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.72 Cr
- Satisfied Charges ₹ 1.77 Cr
- Revenue Growth 0.67%
- Profit Growth -3.60%
- Ebitda -75.34%
- Net Worth 19.02%
- Total Assets 20.37%
About Western Abrasive Industries
Western Abrasive Industries Pvt Ltd (WAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 1988 and has a history of 36 years and 11 months. Its registered office is in Jamnagar, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 2.50 M.
The company currently has active open charges totaling ₹1.72 Cr. The company has closed loans amounting to ₹1.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dharmendrasinh Mahedu, Shilpaben Mahedu, Bhagirathsinh Mahedu, and One other member serve as directors at the Company.
Company Details
-
Location
Jamnagar, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U29224GJ1988PTC010403
-
Company No.
010403
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
26 Feb 1988
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does Western Abrasive Industries Pvt Ltd offer?
Western Abrasive Industries Pvt Ltd offers a wide range of products and services, including Hydraulic & Pneumatic Tools, Air Spray Gun, Abrasives & Grains, Abrasive Media, Blasting Grit, Abrasive Wheels, Cleaning Liquids & Wipes, Automotive Cleaners, Paints, Wall Putty & Varnishes, Surface Polish.
Who are the key members and board of directors at Western Abrasive Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharmendrasinh Mahedu
|
Director | 26-Feb-1988 | Current |
|
Shilpaben Mahedu
|
Director | 01-Dec-2004 | Current |
|
Bhagirathsinh Mahedu
|
Director | 01-Mar-1990 | Current |
|
Charanjitsinh Mahedu
|
Director | 15-Apr-2019 | Current |
Financial Performance of Western Abrasive Industries.
Western Abrasive Industries Pvt Ltd, for the financial year ended 2020, experienced modest growth in revenue, with a 0.67% increase. The company also saw a slight decrease in profitability, with a 3.6% decrease in profit. The company's net worth Soared by an impressive increase of 19.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Western Abrasive Industries?
In 2020, Western Abrasive Industries had a promoter holding of 85.78% and a public holding of 14.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹17.15 M
₹17.73 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.63 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2022 | Hdfc Bank Limited | ₹1.63 Cr | Open |
| 12 Apr 2021 | Others | ₹0.85 M | Open |
| 17 Feb 2021 | Others | ₹1.60 M | Satisfied |
| 07 Jul 2020 | Others | ₹0.73 M | Satisfied |
| 31 Mar 2015 | Central Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Western Abrasive Industries?
Western Abrasive Industries has a workforce of 74 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Western Abrasive 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 Western Abrasive Industries'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.