About GARTELS WERKE LTD
GARTELS WERKE LTD is an Industrial Goods & Manufacturing company based in India. Manufacturing of heavy springs, helical springs, and coil springs in India. The company has 79 employees. Its Indian entity Gartels Werke Limited reported revenue of ₹30.79 Cr. GARTELS WERKE LTD offers products and services including Heavy Coil Springs and Helical Springs. Its focus areas include Manufacturing, Engineering, Coil and Helical Springs and Industrial Applications.
Company details
GARTELS WERKE LTD is identified as a manufacturer of the heaviest heavy springs, where state-of-the-art factories with advanced hot coiling technology are employed. Springs are crafted with built-in micro accuracy and fatigue life to fulfill industrial demands, and quality procedures are derived from national and international standards. Customer satisfaction is achieved through ongoing refinements from raw materials to finished products, ensuring compliance and reliability in operations.
- Headquarters India
- Employees 79
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Gartels Werke Limited
- Date of Incorporation 24 Aug, 1984
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹30.79 Cr
FY 2024 · +21% YoY
- Net Profit₹2.95 Cr
FY 2024 · 10% margin
- EBITDA₹5.52 Cr
FY 2024 · 18% margin
- Employee Count79
Associated legal entities of GARTELS WERKE LTD
GARTELS WERKE LTD operates through Gartels Werke Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gartels Werke Limited CIN U74999MH1984PLC033835 | Active | 24 Aug 1984 | Mumbai, Maharashtra | ₹30.8 Cr | 79 | 3 | View details |
Products & Services of GARTELS WERKE LTD
GARTELS WERKE LTD offers a comprehensive portfolio of products and services, including Heavy Coil Springs and Helical Springs.
Heavy coil springs are manufactured for various industrial applications, incorporating micro accuracy and fatigue life enhancements
Helical springs are produced to address challenging technological requirements in industrial settings
Board of directors of Gartels Werke Limited (GARTELS WERKE LTD)
Gartels Werke Limited is the primary company behind GARTELS WERKE LTD. The board of Gartels Werke Limited currently have 3 directors; the longest-serving is Ajaykumar Gunvantrai Shah, appointed in 1998. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajaykumar Gunvantrai Shah DIN 00420389 | Director | 02 Mar 1998 | 28 yrs 7 mo | Gartels Werke Limited |
| Rohit Damodar Panicker DIN 08072124 | Managing Director | 21 Feb 2018 | 8 yrs 8 mo | Gartels Werke Limited |
| Vikrant Narayan Churi DIN 09652633 | Director | 01 Apr 2023 | 3 yrs 6 mo | Gartels Werke Limited |
Financials of GARTELS WERKE LTD
Figures of Gartels Werke Limited, the primary company behind GARTELS WERKE LTD, for FY 2024. Revenue was ₹30.79 Cr (+21% year on year). Net profit was ₹2.95 Cr (10% margin). EBITDA was ₹5.52 Cr (18% margin). Revenue has grown at a compounded annual rate of +36% over three years and +10% over five years.
- ₹30.79 CrRevenue · FY 2024 · +21% YoY
- ₹2.95 CrNet profit · 10% margin
- ₹5.52 CrEBITDA · 18% margin
- ₹1.40 CrPaid-up capital
- 79Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gartels Werke Limited are on its company page.
Detailed financial statements for GARTELS WERKE LTD
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Engineering & R&D Services
3 companies that operate in the same segment as GARTELS WERKE LTD (Engineering & R&D Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of digital engineering and technology services | 1991 | Hyderabad, Telangana, India | USD 774.64 M | 12,020 | ||
Engineering consulting services in BIM and design fields are provided. | 1993 | Pune, Maharashtra, India | USD 16 M | USD 36.53 M | 1,429 | |
Provider of product engineering, process automation, IT advisory, software development, and other services | 1996 | Ahmedabad, Gujarat, India |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about GARTELS WERKE LTD
GARTELS WERKE LTD is headquartered in India.
GARTELS WERKE LTD has 79 employees.
The primary company behind GARTELS WERKE LTD, Gartels Werke Limited, reported revenue of ₹30.79 Cr for FY 2024, up 21% year on year.
GARTELS WERKE LTD is identified as a manufacturer of the heaviest heavy springs, where state-of-the-art factories with advanced hot coiling technology are employed. Springs are crafted with built-in micro accuracy and fatigue life to fulfill industrial demands, and quality procedures are derived from national and international standards. Customer satisfaction is achieved through ongoing refinements from raw materials to finished products, ensuring compliance and reliability in operations.
GARTELS WERKE LTD offers Heavy Coil Springs and Helical Springs.
GARTELS WERKE LTD operates through Gartels Werke Limited.
The legal entities of GARTELS WERKE LTD currently have 3 directors, including Vikrant Narayan Churi, Ajaykumar Gunvantrai Shah, Rohit Damodar Panicker.