Westway Electronics Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 6.00 M
as on 15-11-2024
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 95.48 Cr
as on 15-11-2024
- Satisfied Charges ₹ 56.96 Cr
as on 15-11-2024
- Revenue -4.38%
(FY 2023)
- Profit -27.96%
(FY 2023)
- Ebitda 15.92%
(FY 2023)
- Net Worth 26.87%
(FY 2023)
- Total Assets 38.69%
(FY 2023)
About Westway Electronics
The Corporate was formerly known as Westway Leasing & Finance Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹95.48 Cr. The company has closed loans amounting to ₹56.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Inder Oberai, Shushma Maini, Amit Maini, and Two other members serve as directors at the Company.
- CIN/LLPIN
U74899DL1994PLC061330
- Company No.
061330
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Sep 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Westway Electronics Limited offer?
Westway Electronics Limited offers a wide range of products and services, including Computer Hardware & Peripherals, Graphics Card, Air Coolers, Infrared Thermometer & Thermal Camera Raw Materials, LCD Display, Computer Monitors, LED Monitor, Smart Watch, Bluetooth Smart Watch, Smart TV.
Who are the key members and board of directors at Westway Electronics?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Inder Oberai  | Director | 12-Sep-2022 | Current |
| Shushma Maini | Additional Director | 21-Sep-2024 | Current |
| Amit Maini | Director | 01-Mar-2005 | Current |
| Sumit Maini | Director | 01-Mar-2005 | Current |
| Rajender Maini | Director | 29-Aug-2001 | Current |
Financial Performance of Westway Electronics.
Westway Electronics Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.38% decrease. The company also saw a substantial fall in profitability, with a 27.96% decrease in profit. The company's net worth Soared by an impressive increase of 26.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Westway Electronics?
In 2023, Westway Electronics had a promoter holding of 91.66% and a public holding of 8.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Build Strong Victory FoundationActive 2 years 9 months
Sumit Maini and Rajender Maini are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 29 Aug 2024 | ₹5.11 M | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 31 May 2024 | ₹10.00 Cr | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 31 May 2024 | ₹4.00 Cr | Open |
How Many Employees Work at Westway Electronics?
Westway Electronics has a workforce of 68 employees as of Apr 07, 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 Westway Electronics, 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 Westway Electronics'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.
