Wolkem India Limited

Leading miner and producer of minerals used in various industries with global operations and a large workforce.

1971 | Udaipur, Rajasthan (India) | Active
Last Updated: November 16, 2024

Wolkem India Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 25.76 Cr
  • Company Age 53 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 182.76 Cr
  • Satisfied Charges ₹ 66.80 Cr
  • Revenue Growth 7.08%
  • Profit Growth 188.73%
  • Ebitda 12.19%
  • Net Worth 25.45%
  • Total Assets 18.22%

About Wolkem India

Wolkem India Limited (WIL) was founded in India on 25 October 1971 and has a glorious history of 53 years and four months. Its registered office is in Udaipur, Rajasthan, India.

The Corporate was formerly known as Wolkem Pvt Ltd. The Company is engaged in the Metals And Minerals 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 35.00 Cr and a paid-up capital of Rs 25.76 Cr.

The company currently has active open charges totaling ₹182.76 Cr. The company has closed loans amounting to ₹66.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wolkem India Limited India are Dinesh Jain as CFO and Ramesh Sharma as Company Secretary. Salil Singhal, Arvind Singhal, Gaurang Singhal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Udaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wolkem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299RJ1971PLC001379

  • Company No.

    001379

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metals and Minerals

What products or services does Wolkem India Limited offer?

Wolkem India Limited offers a wide range of products and services, including Limestone, Limestone Slabs, Chemical Reagents & Catalysts, Calcium Carbonate Powder, Industrial Minerals, Kaolinite, Granite, Marble, Sandstone & Others, Colored Marble, Processed Minerals, Wollastonite Powder.

Who are the key members and board of directors at Wolkem India?

Executive Team (3)

NameDesignationAppointment DateStatus
Arvind Singhal Country flag representing In Managing Director01-Aug-1995Current
Dinesh Jain Country flag representing In CFO18-Jul-2017Current
Ramesh Sharma Country flag representing In Company Secretary01-Apr-2005Current

Board Members (6)

NameDesignationAppointment DateStatus
Salil Singhal Country flag representing In Director 07-Aug-1979Current
Gaurang Singhal Country flag representing In Director 10-May-2008Current
Tez Razdan Country flag representing In Director 19-Nov-2020Current
Hemender Pandwal Country flag representing In Director 17-Aug-2002Current
Akhilesh Joshi Country flag representing In Director 01-Oct-2021Current
Manoj Swarup Country flag representing In Director 01-Jun-2021Current

Financial Performance of Wolkem India.

Wolkem India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.08% increase. The company also saw a substantial improvement in profitability, with a 188.73% increase in profit. The company's net worth Soared by an impressive increase of 25.45%.

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
7.08%
Revenue from Operations
4.86%
Total Assets
18.22%
Profit or Loss
188.73%
Net Worth
25.45%
EBITDA
12.19%

What is the Ownership and Shareholding Structure of Wolkem India?

In 2023, Wolkem India had a promoter holding of 99.57% and a public holding of 0.43%. The company had 3 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹182.76 Cr

Satisfied Charges

₹66.80 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 75.40 Cr
  • State Bank Of India : 57.36 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2023Others₹50.00 CrOpen
19 Oct 2021Hdfc Bank Limited₹75.40 CrOpen
27 Mar 2019State Bank Of India₹19.15 CrOpen
02 Mar 1973State Bank Of India₹38.21 CrOpen
12 Feb 2018State Bank Of India₹3.56 CrSatisfied

How Many Employees Work at Wolkem India?

Wolkem India has a workforce of 87 employees as of Mar 29, 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 Wolkem India, 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 Wolkem India'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 Wolkem India

Recent activity within the organization

  • Annual General Meeting

    Wolkem India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 38.21 Cr registered on 02 Mar 1973 with Charge ID 90069329 was modified on 26 Aug 2024.

    26 Aug 2024

  • Charges

    A charge with State Bank Of India of Rs. 19.15 Cr registered on 27 Mar 2019 with Charge ID 100256518 was modified on 29 Jun 2024.

    29 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 75.40 Cr registered on 19 Oct 2021 with Charge ID 100495958 was modified on 24 May 2024.

    24 May 2024

  • Balance Sheet

    Wolkem India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100682408 was registered on 09 Mar 2023.

    09 Mar 2023

Frequently asked questions

  • Wolkem India Limited was incorporated on 25 Oct 1971.

  • The authorized share capital of Wolkem India Limited is ₹ 35.00 Cr and paid-up capital is ₹ 25.76 Cr.

  • Currently 9 directors are associated with Wolkem India Limited.

    • Salil Singhal
    • Arvind Singhal
    • Gaurang Singhal
    • Tez Razdan
    • Hemender Pandwal
    • Akhilesh Joshi
    • Dinesh Kumar Jain
    • Ramesh Chandra Sharma
    • Manoj Swarup
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wolkem India Limited is E-101 Mewar Industrial Area, Madri Post Box No. 21 India, Udaipur, Rajasthan, 313003.

  • The corporate identification number (CIN) of Wolkem India Limited is U29299RJ1971PLC001379 and the company number is 001379 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wolkem India Limited is https://www.wolkem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wolkem India Limited has risen by 7.08%.

  • As Per 2023 financial reports, 87 employees are currently employed by Wolkem India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wolkem India Limited has experienced an upsurge of 25.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wolkem India Limited amount to ₹ 182.76 Cr.

  • The most recent Balance Sheet for Wolkem India Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Mining & Mineral Extraction