Wil Car Wheels Limited

Manufactures steel wheel rims for top car brands in India, part of TVS Group.

2017 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Wil Car Wheels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 264.76 Cr
  • Satisfied Charges ₹ 60.63 Cr
  • Revenue Growth 12.13%
  • Profit Growth -71.39%
  • Ebitda -276.07%
  • Net Worth -23.46%
  • Total Assets -2.40%

About Wil Car Wheels

Wil Car Wheels Limited (WCWL) is a Public Limited Indian Non-Government Company incorporated in India on 07 June 2017 (Seven years and seven months 25 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Automotive 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 5.00 Cr.

The company currently has active open charges totaling ₹264.76 Cr. The company has closed loans amounting to ₹60.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wil Car Wheels Limited India is Ganesan Mugunthanarayanan as CFO. Srivats Ram, Sreenivasan Prasad, Badri Vijayaraghavan, and Four other members serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35999TN2017PLC116976

  • Company No.

    116976

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2017

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Wil Car Wheels Limited offer?

Wil Car Wheels Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Wheel Rim, Forgings, Forging Parts & Supplies, Forgings, Commercial Vehicle Tyres, Suspension System & Components, Suspension Parts.

Who are the key members and board of directors at Wil Car Wheels?

Executive Team (1)

NameDesignationAppointment DateStatus
Ganesan Mugunthanarayanan CFO13-Sep-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Srivats Ram Country flag representing In Director 07-Jun-2017Current
Sanjay Pande Country flag representing In Director 07-Jun-2017Current
Rajasekar Lakshmanan Country flag representing In Whole-Time Director 18-Feb-2019Current
Sreenivasan Prasad Country flag representing In Director 13-Dec-2017Current
Badri Vijayaraghavan Country flag representing Us Director 13-Dec-2017Current
Sandhya Subramanyam Country flag representing In Director 26-Mar-2024Current

Financial Performance of Wil Car Wheels.

Wil Car Wheels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.13% increase. The company also saw a substantial fall in profitability, with a 71.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.46%.

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
12.13%
Revenue from Operations
12.07%
Total Assets
-2.40%
Profit or Loss
-71.39%
Net Worth
-23.46%
EBITDA
-276.07%

What is the Ownership and Shareholding Structure of Wil Car Wheels?

In 2023, Wil Car Wheels 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

₹264.76 Cr

Satisfied Charges

₹60.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 155.00 Cr
  • Axis Bank Limited : 80.39 Cr
  • Hdfc Bank Limited : 29.37 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2024Others₹30.00 CrOpen
23 Jul 2024Others₹30.00 CrOpen
03 Nov 2023Others₹30.00 CrOpen
02 Sep 2022Others₹50.00 CrOpen
20 May 2022Hdfc Bank Limited₹9.37 CrOpen

How Many Employees Work at Wil Car Wheels?

Wil Car Wheels has a workforce of 292 employees as of Mar 30, 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 Wil Car Wheels, 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 Wil Car Wheels'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 Wil Car Wheels

Recent activity within the organization

  • Charges

    A charge registered on 13 Aug 2019 via Charge ID 100285443 with Hdfc Bank Limited was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge registered on 31 May 2018 via Charge ID 100192404 with Hdfc Bank Limited was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Director Appointment

    Ganesan Mugunthanarayanan was appointed as a Cfo was appointed as a Cfo on 13 Sep 2024 & has been associated with this company since 4 months 19 days .

    13 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100972905 was registered on 21 Aug 2024.

    21 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100961617 was registered on 23 Jul 2024.

    23 Jul 2024

  • Annual General Meeting

    Wil Car Wheels Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

    15 Jul 2024

Frequently asked questions

  • Wil Car Wheels Limited was incorporated on 07 Jun 2017.

  • The authorized share capital of Wil Car Wheels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 8 directors are associated with Wil Car Wheels Limited.

    • Srivats Ram
    • Sreenivasan Prasad
    • Badri Vijayaraghavan
    • Sandhya Subramanyam
    • Sanjay Pande
    • Rajasekar Lakshmanan
    • Hideki Aoyama
    • Ganesan Mugunthanarayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wil Car Wheels Limited is M.T.H Road, Padi India, Chennai, Tamil Nadu, 600050.

  • The corporate identification number (CIN) of Wil Car Wheels Limited is U35999TN2017PLC116976 and the company number is 116976 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wil Car Wheels Limited is https://www.wheelsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wil Car Wheels Limited has risen by 12.13%.

  • As Per 2023 financial reports, 292 employees are currently employed by Wil Car Wheels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wil Car Wheels Limited has experienced an downturn of -23.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wil Car Wheels Limited amount to ₹ 264.76 Cr.

  • The most recent Balance Sheet for Wil Car Wheels Limited was filed with the ROC on 31 Mar 2024.

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