Gartels Werke Limited - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1984.
1984 Mumbai, Maharashtra, India Active
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About Gartels Werke Limited

Gartels Werke Limited, a active public limited company, was established on 24 August 1984 in Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U74999MH1984PLC033835. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.40 Cr.

It upholds a compliant status. Employing 79 professional, Its leadership includes Vikrant Narayan Churi (Director), Ajaykumar Gunvantrai Shah (Director), Rohit Damodar Panicker (Managing Director). Past directors included Srinathan Nair, Vikrant Narayan Churi, Rohit Damodar Panicker. It holds ₹6.00 Cr open charges and ₹35.19 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 217, Mastermind-V, Royal Palms, Aarey Milk Colony, Goregaon (E),, Mumbai, Maharashtra, 400065.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999MH1984PLC033835

  • Registration Number

    033835

  • Incorporation Date

    24 August 1984

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.40 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 35.19 Cr
  • Revenue Growth **** 49.82%
  • Profit Growth **** 221.74%
  • Ebitda **** 80.03%
  • Net Worth 40.60%
  • Total Assets **** 25.01%
Company report

Gartels Werke Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Gartels Werke Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gartels Werke Limited?
Current Directors
Name Designation Appointment Date Status
Vikrant Narayan Churi Director 01 Apr 2023 Current
Ajaykumar Gunvantrai Shah Director 02 Mar 1998 Current
Rohit Damodar Panicker Managing Director 21 Feb 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Feb 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Managing Director 30 Nov 2021 Past

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Financial Performance of Gartels Werke.

Gartels Werke Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.82% increase. The company also saw a substantial improvement in profitability, with a 221.74% increase in profit. The company's net worth Soared by an impressive increase of 40.6%.

Gartels Werke revenue growth over time
Gartels Werke profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 49.82%
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Revenue from Operations
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 49.84%
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*******
*******
Total Assets
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 25.01%
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*******
*******
*******
Profit or Loss
*******
 221.74%
*******
*******
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*******
Net Worth
*******
 40.60%
*******
*******
*******
*******
EBITDA
*******
 80.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Gartels Werke?

In 2023, Gartels Werke had a promoter holding of 40.36% and a public holding of 59.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹60,000,000.00

Satisfied Charges

₹351,918,000.00

Charges Breakdown by Lending Institutions
  • Others : 6.00 Cr
Latest Charge Details
Date Lender Amount Status
05 Apr 2025 Others ₹6.00 Cr Open
30 Dec 2021 Others ₹7.99 Cr Satisfied
01 Oct 2021 Others ₹1.00 Cr Satisfied
25 Mar 2016 Others ₹2.01 Cr Satisfied
26 Mar 2014 Religare Finvest Limited ₹10.00 Cr Satisfied

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How Many Employees Work at Gartels Werke?

Gartels Werke has a workforce of 79 employees as of Apr 09, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gartels Werke, 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 Gartels Werke'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.

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Latest Updates, News, and FAQs on Gartels Werke
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101075227 was registered on 05 Apr 2025. was recorded as a recent event.

  • Charges

    A charge registered on 01 Oct 2021 via Charge ID 100506205 with Others was fully satisfied on 15 Mar 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 30 Dec 2021 via Charge ID 100519013 with Others was fully satisfied on 05 Feb 2025. was completed.

  • Annual General Meeting

    The activity Gartels Werke Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Gartels Werke Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Vikrant Narayan Churi was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 2 years 10 months . was documented.

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Frequently Asked Questions
What is the CIN of Gartels Werke Limited?

The CIN of Gartels Werke Limited is U74999MH1984PLC033835.

Where is Gartels Werke Limited headquartered?

Gartels Werke Limited is headquartered at 217, Mastermind-V, Royal Palms, Aarey Milk Colony, Goregaon (E),, Mumbai, Maharashtra, 400065.

When was Gartels Werke Limited incorporated?

Gartels Werke Limited was incorporated on 24 August 1984.

Who are the current directors of Gartels Werke Limited?

The current directors of Gartels Werke Limited are

What is the primary industry of Gartels Werke Limited?

The primary industry of Gartels Werke Limited is Manufacturing.

Is Gartels Werke Limited a listed company?

Gartels Werke Limited is unlisted.

What is the capital structure of Gartels Werke Limited?

The authorized capital of Gartels Werke Limited is ₹2.00 Cr, and the paid-up capital is ₹1.40 Cr.

What is the compliance status of Gartels Werke Limited?

The compliance status of Gartels Werke Limited is Compliant.

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