About Welmet
Welmet is an Industrial Goods & Manufacturing company based in Nagpur (India). It operates as a manufacturing of SAW fluxes and wires with a focus on cost-effectiveness and quality in industrial supplies. Its Indian entity Welmet Technologies Private Limited reported revenue of ₹15.41 Cr. Welmet offers products and services including SAW Fluxes and SAW Wires. Its focus areas include Manufacturing, Metallurgy, Welding Materials and Flux and Wire Supplies.
Company details
Welmet is identified as a manufacturer of submerged arc welding fluxes and wires, having been established in 1996 and recognized for its reliable supply of quality products. Products are subjected to rigorous quality checks and evaluations to maintain standards, while competitive pricing is derived from efficient production and direct sourcing of materials. The company is noted for its commitment to trustworthy services, as evidenced by long-term customer satisfaction and prompt resolution of any issues. Operations are based in Nagpur, India, serving industrial needs through a policy-driven approach to cost, quality, and service.
- Headquarters Nagpur, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Welmet Technologies Pvt. Ltd
- Date of Incorporation 21 Aug, 2006
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹15.41 Cr
FY 2024 · +21% YoY
- Net Profit₹57.4 Lakh
FY 2024 · 4% margin
- EBITDA₹89.8 Lakh
FY 2024 · 6% margin
Associated legal entities of Welmet
Welmet operates through Welmet Technologies Private 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 |
|---|---|---|---|---|---|---|---|
| Welmet Technologies Private Limited CIN U29219MH2006PTC163931 | Active | 21 Aug 2006 | Nagpur, Maharashtra | ₹15.4 Cr | 13 | 2 | View details |
Products & Services of Welmet
Welmet offers a comprehensive portfolio of products and services, including SAW Fluxes and SAW Wires.
SAW fluxes are manufactured for welding applications, where they are used to ensure effective arc stability and are supplied with a focus on quality assurance
SAW wires are supplied for welding processes, where they are integrated with fluxes to support industrial manufacturing needs
Board of directors of Welmet Technologies Private Limited (Welmet)
Welmet Technologies Private Limited is the primary company behind Welmet. The board of Welmet Technologies Private Limited currently have 2 directors; the longest-serving is Sushama Subhash Paranjpe, appointed in 2006. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sushama Subhash Paranjpe DIN 03559455 | Director | 21 Aug 2006 | 20 yrs 2 mo | Welmet Technologies Private Limited |
| Sameer Subhash Paranjape DIN 07153660 | Director | 09 Apr 2015 | 11 yrs 6 mo | Welmet Technologies Private Limited |
Financials of Welmet
Figures of Welmet Technologies Private Limited, the primary company behind Welmet, for FY 2024. Revenue was ₹15.41 Cr (+21% year on year). Net profit was ₹57.4 Lakh (4% margin). EBITDA was ₹89.8 Lakh (6% margin). Revenue has grown at a compounded annual rate of +32% over three years and +16% over five years.
- ₹15.41 CrRevenue · FY 2024 · +21% YoY
- ₹57.4 LakhNet profit · 4% margin
- ₹89.8 LakhEBITDA · 6% margin
- ₹5 LakhPaid-up capital
- 13Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Welmet Technologies Private Limited are on its company page.
Detailed financial statements for Welmet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
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Top companies in Metals & Minerals
10 companies that operate in the same segment as Welmet (Metals & Minerals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | Amsterdam, Netherlands | – | USD 20.95 B | 67,820 | |
Diversified conglomerate operating across multiple industries | 1919 | Tokyo, Tokyo, Japan | – | USD 45.77 B | 73 | |
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | Chiyoda, Tokyo, Japan | – | USD 87.78 B | 146 | |
Metals and minerals are produced and supplied worldwide. | 1974 | Baar, Zug, Switzerland | USD 2.2 B | USD 252.73 B | 150,000 | |
Multiple real estate strategies are pursued by Al-Futtaim. | 1930 | Dubai, Dubai, United Arab Emirates | USD 500 M | – | – | |
Mineral-based specialty solutions are supplied for industrial applications. | 1880 | Paris, France | USD 1.56 B | USD 3.97 B | 12,900 | |
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.43 M | – | 6,934 | |
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors | 1953 | Seoul, South Korea | – | USD 14.38 M | 1 | |
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 573.4 M | USD 1.43 B | 180 |
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Frequently Asked Questions about Welmet
Welmet is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
The primary company behind Welmet, Welmet Technologies Private Limited, reported revenue of ₹15.41 Cr for FY 2024, up 21% year on year.
Welmet is identified as a manufacturer of submerged arc welding fluxes and wires, having been established in 1996 and recognized for its reliable supply of quality products. Products are subjected to rigorous quality checks and evaluations to maintain standards, while competitive pricing is derived from efficient production and direct sourcing of materials. The company is noted for its commitment to trustworthy services, as evidenced by long-term customer satisfaction and prompt resolution of any issues. Operations are based in Nagpur, India, serving industrial needs through a policy-driven approach to cost, quality, and service.
Welmet offers SAW Fluxes and SAW Wires.
Welmet operates through Welmet Technologies Private Limited.
The legal entities of Welmet currently have 2 directors, including Sushama Subhash Paranjpe, Sameer Subhash Paranjape.