About Kumar Wire Cloth Manufacturing Company Limited
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Kumar Wire Cloth Manufacturing Company Limited is a public limited company based in Raigad, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 16 April 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1981PLC024249. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.76 Cr. It is led by directors including Jiten Sushil Choksey (Managing Director) and Rushali Vijay Chaulkar.
Its last annual general meeting (AGM) was held on 18 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at D – 23 M I D Ctaloja Panvel, Raigad, Maharashtra, India – 410218.
As per the financials filed for FY 2018, the company reported a revenue of ₹26.48 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹18.98 Lakh (net margin -71.7%) and EBITDA of -₹24.7 Lakh (EBITDA margin -93.3%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 29% over five years.
The company is associated with 1 brand: KWC. As per MCA filings, the company has open charges of ₹67.75 Lakh and satisfied charges of ₹2.3 Cr on record. The company has 9 deals on record (8 market trades, 1 funding round), with disclosed funding of ₹83.4 Lakh; the latest was in February 2018. Its 3 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger; the largest is Epc (India) Private Limited with revenue of ₹79.24 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kumarwirecloth.com.
Company details
CIN history
Kumar Wire Cloth Manufacturing Company has one previous CIN (Corporate Identification Number): U74999MH1981PLC024249. The current CIN is L74999MH1981PLC024249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH1981PLC024249 | Current |
| U74999MH1981PLC024249 | Previous |
Contact details
Kumar Wire Cloth Manufacturing Company Limited's registered office is in Raigad, Maharashtra. Its website is kumarwirecloth.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 23 M I D Ctaloja Panvel, Raigad, Maharashtra, India – 410218
- IndustryManufacturing, Cable & Wire
To see the full contact details of Kumar Wire Cloth Manufacturing Company 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
Brands
Kumar Wire Cloth Manufacturing Company operates one associated brand: KWC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloth wire is manufactured by KWC in Mumbai, India. | kumarwirecloth.com |
Business activity
The main business activity of Kumar Wire Cloth Manufacturing Company 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 Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Financials of Kumar Wire Cloth Manufacturing Company Limited
FY 2018 filings availableKumar Wire Cloth Manufacturing Company Limited reported revenue of ₹26.48 Lakh (down 61% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 61% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹26.48 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹24.7 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹18.98 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -93.3% | |||
| Net Profit Margin | -71.7% | |||
| 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 Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Board of directors of Kumar Wire Cloth Manufacturing Company Limited
Kumar Wire Cloth Manufacturing Company has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushali Vijay Chaulkar | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Kamleshkumar Dubey | Director | 14 Jul 2006 | 20 Years 3 Months | Current |
| Subhash Arjun Mayker | Director | 14 Jul 2006 | 20 Years 3 Months | Current |
| Jiten Sushil Choksey Also directs: Kumar Wire Mesh Private Limited | Managing Director | 04 Oct 1981 | 45 Years 1 Months | Current |
Peer comparison
Kumar Wire Cloth Manufacturing Company Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epc (India) Private Limited | ₹79.24 Lakh (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Kovai Golden Hi Tech Copper Products Private Limited | ₹79.21 Lakh (FY 2024) | -10.0% | Coimbatore, Tamil Nadu, India | |||
| Glesca International Private Limited | ₹78.28 Lakh (FY 2024) | 362.0% | Pune, Maharashtra, India | |||
| Kumar Wire Cloth Manufacturing Company Limitedthis company | ₹26.48 Lakh (FY 2018) | -₹18.98 Lakh | -71.7% | -61.0% | Raigad, Maharashtra, India |
To see the full peer comparison of Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Auditor
Kumar Wire Cloth Manufacturing Company Limited is audited by AMAR BAFNA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMAR BAFNA & ASSOCIATES | FY 2018 | 114854W |
Shareholding
The shareholding of Kumar Wire Cloth Manufacturing Company Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 1989 | 90185504 | Uco Bank | ₹7 Lakh | Open | |
| 19 Jan 1988 | 90185293 | Uco Bank | ₹20 Lakh | Open | |
| 28 Jul 1986 | 90185095 | Dena Bank | ₹1 Lakh | Open | |
| 14 Oct 1985 | 90188199 | Dena Bank | ₹12.25 Lakh | Open | |
| 03 Apr 1984 | 90183880 | Dena Bank | ₹3 Lakh | Open |
To see the full charge records of Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Kumar Wire Cloth Manufacturing Company Limited has 9 deals on record (8 market trades, 1 funding round), with disclosed funding of ₹83.4 Lakh; the latest was in February 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Market trade | ₹5.7 Lakh | Buyer: an individual |
| Nov 2015 | Market trade | ₹6.9 Lakh | Buyer: an individual Seller: an individual |
| Nov 2015 | Market trade | ₹6.5 Lakh | Buyer: an individual |
| Sep 2015 | Market trade | ₹4 Lakh | Seller: Avagaman Investment & Finance Private Limited |
| Aug 2012 | Funding round | ₹83.4 Lakh | Investors: Libord Finance Limited |
To see the full deal history of Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kumar Wire Cloth Manufacturing Company 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 Kumar Wire Cloth Manufacturing Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kumar Wire Cloth Manufacturing Company 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 Kumar Wire Cloth Manufacturing Company Limited, buy the company report.
Recent activity
Kumar Wire Cloth Manufacturing Company Limited has 8 board changes on record since 1981: 6 appointments and 2 cessations. The latest: Omprakash Chhotelal Yadav ceased to be Director on 12 Sep 2017.
15 earlier events are in the company report.
Frequently asked questions
Kumar Wire Cloth Manufacturing Company is an active public limited company based in Raigad, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 16 April 1981 (45+ years old) and is registered under CIN L74999MH1981PLC024249.
Kumar Wire Cloth Manufacturing Company has 4 current directors:
- Jiten Sushil Choksey - Managing Director
- Rushali Vijay Chaulkar - Director
- Kamleshkumar Dubey - Director
- Subhash Arjun Mayker - Director
The latest financial statements of Kumar Wire Cloth Manufacturing Company on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 18 September 2018. Year-wise statements from 2015 are in the company report.
No. Kumar Wire Cloth Manufacturing Company has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kumar Wire Cloth Manufacturing Company is L74999MH1981PLC024249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kumar Wire Cloth Manufacturing Company is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Kumar Wire Cloth Manufacturing Company was incorporated on 16 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Kumar Wire Cloth Manufacturing Company has 9 deals on record (8 market trades, 1 funding round), with disclosed funding of ₹83.4 Lakh; the latest was in February 2018.
The peers of Kumar Wire Cloth Manufacturing Company by revenue are Epc (India) Private Limited, Kovai Golden Hi Tech Copper Products Private Limited, Glesca International Private Limited, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Omprakash Chhotelal Yadav ceased to be Director on 12 Sep 2017. Rushali Vijay Chaulkar was appointed as Director on 31 Mar 2015. Sushil Dipchand Choksey ceased to be Director on 15 Sep 2014. Kumar Wire Cloth Manufacturing Company has 8 board changes on record in total.
Kumar Wire Cloth Manufacturing Company can be reached through the website kumarwirecloth.com. Its registered office is in Raigad, Maharashtra, India.
Sample company reports
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