Western Chemical Industries Private Limited

Produces organic pigments such as violet, blue, yellow, orange, and coolant colorants since 2001.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Western Chemical Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.65 Cr
  • Satisfied Charges ₹ 6.55 Cr
  • Revenue Growth -6.44%
  • Profit Growth -255.76%
  • Ebitda -87.11%
  • Net Worth -3.86%
  • Total Assets -3.38%

About Western Chemical Industries

Western Chemical Industries Private Limited (WCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 June 2001 and has a history of 23 years and seven months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Chemicals And Materials 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹33.65 Cr. The company has closed loans amounting to ₹6.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Darius Kavasmaneck, Aban Kavasmaneck, Pearl Kavasmaneck, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24110MH2001PTC132548

  • Company No.

    132548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Western Chemical Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Darius Kavasmaneck Country flag representing In Managing Director28-Jun-2001Current

Board Members (5)

NameDesignationAppointment DateStatus
Aban Kavasmaneck Country flag representing In Director 28-Jun-2001Current
Pearl Kavasmaneck Country flag representing In Whole-Time Director 14-Mar-2020Current
Mitchelle Kavasmaneck Country flag representing In Director 05-Mar-2021Current
Kurush Dastur Country flag representing In Director 06-Dec-2021Current
Talha Kapadia Country flag representing In Director 19-Apr-2022Current

Financial Performance of Western Chemical Industries.

Western Chemical Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.44% decrease. The company also saw a substantial fall in profitability, with a 255.76% decrease in profit. The company's net worth dipped by a decrease of 3.86%.

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
-6.44%
Revenue from Operations
-6.96%
Total Assets
-3.38%
Profit or Loss
-255.76%
Net Worth
-3.86%
EBITDA
-87.11%

What is the Ownership and Shareholding Structure of Western Chemical Industries?

In 2023, Western Chemical Industries had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.65 Cr

Satisfied Charges

₹6.55 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 25.43 Cr
  • Kotak Mahindra Prime Limited : 5.30 Cr
  • Deutsche Bank Ag : 1.72 Cr
  • Reliance Home Finance Private Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2022Axis Bank Limited₹5.50 MOpen
19 Mar 2022Axis Bank Limited₹4.96 MOpen
18 Sep 2021Axis Bank Limited₹9.00 CrOpen
18 Sep 2021Axis Bank Limited₹9.00 CrOpen
18 Sep 2021Axis Bank Limited₹6.38 CrOpen

How Many Employees Work at Western Chemical Industries?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Western Chemical 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 Chemical Industries'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 Western Chemical Industries

Recent activity within the organization

  • Annual General Meeting

    Western Chemical Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Western Chemical Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100641728 was registered on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100559644 was registered on 19 Mar 2022.

    19 Mar 2022

  • Director Appointment

    Kurush Meher Dastur was appointed as a Director was appointed as a Director on 06 Dec 2021 & has been associated with this company since 3 years 2 months .

    06 Dec 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100487927 was registered on 18 Sep 2021.

    18 Sep 2021

Frequently asked questions

  • Western Chemical Industries Private Limited was incorporated on 28 Jun 2001.

  • The authorized share capital of Western Chemical Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 6 directors are associated with Western Chemical Industries Private Limited.

    • Darius Rutton Kavasmaneck
    • Aban Darius Kavasmaneck
    • Pearl Darius Kavasmaneck
    • Mitchelle Darius Kavasmaneck
    • Kurush Meher Dastur
    • Talha Kapadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Western Chemical Industries Private Limited is Cozy Bldd 72-Baugust Karnti Marg India, Mumbai, Maharashtra, 400036.

  • The corporate identification number (CIN) of Western Chemical Industries Private Limited is U24110MH2001PTC132548 and the company number is 132548 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Western Chemical Industries Private Limited is https://www.westernchemical-in.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Western Chemical Industries Private Limited has fallen by -6.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Western Chemical Industries Private Limited has experienced an downturn of -3.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Western Chemical Industries Private Limited amount to ₹ 33.65 Cr.

  • The most recent Balance Sheet for Western Chemical Industries Private Limited was filed with the ROC on 31 Mar 2024.