About Indwel Precision Gears Private Limited
Data last updated:
Indwel Precision Gears Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 05 September 2002.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U13209TN2002PTC049559. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.1 Cr. It was formerly known as Indwel Heattreat Private Limited. It was led by directors Sreenivasan Bragathambal and Muthukrishnan Sreenivasan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at F – 20 II Main Road Anna Nagar Chennai – 102., Tamil Nadu, India – 600102.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.18 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹63.42 Lakh (net margin 7.8%) and EBITDA of ₹1.56 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 51% over five years.
The company had about 54 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹5.76 Cr on record.
The last known website on record is indwel.com.
Company details
Contact details
Indwel Precision Gears Private Limited's registered office is in Chennai, Tamil Nadu. Its website is indwel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 20 II Main Road Anna Nagar Chennai – 102., Tamil Nadu, India – 600102
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Indwel Precision Gears Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Indwel Precision Gears is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Indwel Precision Gears Private Limited, buy the company report.
Financials of Indwel Precision Gears Private Limited
FY 2022 filings availableIndwel Precision Gears Private Limited reported revenue of ₹8.18 Cr (up 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 44% growth in the latest year. EBITDA rose 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.18 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.42 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 7.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indwel Precision Gears Private Limited, buy the company report.
Board of directors of Indwel Precision Gears Private Limited
Indwel Precision Gears has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreenivasan Bragathambal Also directs: Kals Risers India Private Limited, Indwell Lianings Private Limited, Indwel Precision Gears Private Limited and 1 more | Director | 05 Sep 2002 | 24 Years 2 Months | As last reported |
| Muthukrishnan Sreenivasan Also directs: Kals Risers India Private Limited, Indwell Lianings Private Limited, Indwel Precision Gears Private Limited and 1 more | Director | 05 Sep 2002 | 24 Years 2 Months | As last reported |
Auditor
Indwel Precision Gears Private Limited is audited by K N R S G & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N R S G & ASSOCIATES | FY 2022 | 007236S |
Shareholding
The shareholding of Indwel Precision Gears Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indwel Precision Gears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2019 | 100297860 | Others | ₹2.81 Cr | Satisfied | |
| 27 Sep 2018 | 100212837 | Others | ₹22.46 Lakh | Satisfied | |
| 23 Mar 2015 | 10559547 | Idbi Bank Limited | ₹2.3 Cr | Satisfied | |
| 17 Dec 2009 | 10200572 | Hdfc Bank Limited | ₹15 Lakh | Satisfied | |
| 02 Jan 2003 | 90286500 | M/S. Bank of Baroda; | ₹27.5 Lakh | Satisfied |
To see the full charge records of Indwel Precision Gears Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Indwel Precision Gears Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indwel Precision Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indwel Precision Gears Private Limited has a workforce of 54 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Indwel Precision Gears has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indwel Precision Gears Private Limited, buy the company report.
Recent activity
Indwel Precision Gears Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Muthukrishnan Sreenivasan was appointed as Director on 05 Sep 2002.
5 earlier events are in the company report.
Frequently asked questions
Indwel Precision Gears has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Indwel Precision Gears was a private limited company based in Chennai, Tamil Nadu, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 05 September 2002 and is registered under CIN U13209TN2002PTC049559. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indwel Precision Gears was incorporated on 05 September 2002. It is registered with the Registrar of Companies, Chennai.
Indwel Precision Gears had 2 directors:
- Sreenivasan Bragathambal - Director
- Muthukrishnan Sreenivasan - Director
The CIN (Corporate Identification Number) of Indwel Precision Gears is U13209TN2002PTC049559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Indwel Precision Gears is at F – 20 II Main Road Anna Nagar Chennai – 102., Tamil Nadu, India – 600102.
Indwel Precision Gears can be reached through the website indwel.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Indwel Precision Gears on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Indwel Precision Gears has 1 GST registration on record and it is cancelled or inactive.
Indwel Precision Gears operated in the automotive industry, in the auto parts and components segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
