The Wesman Engineering Company Private Limited

The Wesman Engineering Company Private Limited - machinery and equipment in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U29292WB1951PTC019898 Incorporated 08 August 1951 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹62.41 Cr
▲ 19% YoY
Net profit · FY 2025
₹64.52 Lakh
Net margin 1%
EBITDA · FY 2025
₹3.02 Cr
EBITDA margin 4.8%
Authorised capital
₹19.5 Cr
Registered with MCA
Paid-up capital
₹19 Cr
Issued & subscribed
Open charges
₹54.28 Cr
Secured borrowings
Company age
75 yrs
Est. 1951
Directors on board
6
As per MCA filings

About The Wesman Engineering Company Private Limited

Data last updated:

The Wesman Engineering Company Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 08 August 1951 and has been in existence for over 75 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29292WB1951PTC019898. Its GSTIN is 19AABCT0809Q1ZX (West Bengal). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹19.5 Cr and a paid-up capital of ₹19 Cr. It was formerly known as The Western Manufacturing Comapny Private Limited and Wesman Eng. Co Private Limited. It is led by directors including Anil Vaswani (Managing Director) and Nikhil Vaswani.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Wesman Center 8 Mayfair Road, Kolkata, West Bengal, India – 700019.

As per the financials filed for FY 2025, the company reported a revenue of ₹62.41 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹64.52 Lakh (net margin 1%) and EBITDA of ₹3.02 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 17% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹54.28 Cr on record. Court records list 29 cases involving the company, including 12 filed by the company and 17 filed against it; 6 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.88 Cr; the latest was in April 2019. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 19 overdue payments to 4 micro and small suppliers.

The Wesman Engineering Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wesman.com.

Company details

CIN U29292WB1951PTC019898
Registration Number 019898
Incorporation Date 08 August 1951
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0002029

Name history

The Wesman Engineering Company has undergone 2 name changes throughout its history. The company was previously known as The Western Manufacturing Comapny Private Limited, and Wesman Eng. Co Private Limited. The current legal name is The Wesman Engineering Company Private Limited.

Company NameStatus
The Wesman Engineering Company Private LimitedCurrent
The Western Manufacturing Comapny Private LimitedPrevious
Wesman Eng. Co Private LimitedPrevious
Key People
Anil Vaswani Managing Director Nikhil Vaswani Director Sunil Vaswani Director

Recognitions & Rankings of The Wesman Engineering Company

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-WB-10-0002029

Contact details

The Wesman Engineering Company Private Limited's registered office is in Kolkata, West Bengal. Its website is wesman.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    wesman.com
  • Registered Address
    Wesman Center 8 Mayfair Road, Kolkata, West Bengal, India – 700019
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of The Wesman Engineering Company Private Limited, buy the company report.

Comprehensive company report
The Wesman Engineering Company Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of The Wesman Engineering Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of The Wesman Engineering Company Private Limited, buy the company report.

Financials of The Wesman Engineering Company Private Limited

FY 2025 filings available

The Wesman Engineering Company Private Limited reported revenue of ₹62.41 Cr (up 19% YoY) for FY 2025.

Revenue · FY 2025
₹62.41 Cr ▲ 19%
Net profit · FY 2025
₹64.52 Lakh margin 1%
EBITDA · FY 2025
₹3.02 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 11%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 13%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 19% growth in the latest year. EBITDA rose 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹64.52 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.8%
Net Profit Margin1%
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 The Wesman Engineering Company Private Limited, buy the company report.

Board of directors of The Wesman Engineering Company Private Limited

The Wesman Engineering Company has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil Vaswani
Also directs: Wesman Thermal Private Limited, Aldebaran Property Development LLP, Arcturus Property Development LLP and 5 more
Director30 Mar 201016 Years 7 MonthsCurrent
Sunil Vaswani
Also directs: Wesman Thermal Private Limited, Aldebaran Property Development LLP, Arcturus Property Development LLP and 4 more
Director12 Nov 201312 Years 11 MonthsCurrent
Rajan Arjan Vaswani
Also directs: Aquaphene LLP, Wesman Thermal Private Limited
Director01 Nov 197551 Years 0 MonthsCurrent
Monica Vaswani
Also directs: Wesman Thermal Private Limited, Aldebaran Property Development LLP, Arcturus Property Development LLP and 4 more
Director01 Jul 201412 Years 4 MonthsCurrent
Anil Vaswani
Also directs: Wesman Thermal Private Limited, Aldebaran Property Development LLP, Arcturus Property Development LLP and 5 more
Managing Director26 Sep 200620 Years 1 MonthsCurrent
Piya Khatri
Also directs: Wesman Thermal Private Limited
Director30 Sep 20242 Years 1 MonthsCurrent
View all directors

Auditor

The Wesman Engineering Company Private Limited is audited by J MANDAL & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J MANDAL & COFY 2023302100E

Shareholding

The shareholding of The Wesman Engineering Company Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of The Wesman Engineering Company Private Limited, buy the company report.

Charges & borrowings

Open charges
₹54.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Standard Chartered Bank₹41.66 Cr
Hdfc Bank Limited₹12.62 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Mar 2025101084187Hdfc Bank Limited₹12 CrOpen
26 Apr 2022100567064Hdfc Bank Limited₹11 LakhOpen
04 Jan 2022100522888Hdfc Bank Limited₹8.75 LakhOpen
12 Nov 2021100500697Hdfc Bank Limited₹12.19 LakhOpen
23 Jul 2021100464370Hdfc Bank Limited₹12.43 LakhOpen

To see the full charge records of The Wesman Engineering Company Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

The Wesman Engineering Company Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.88 Cr; the latest was in April 2019.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹15.88 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Apr 2019Funding round₹2.78 CrInvestors: 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Wesman Thermal Engg Process Private Limited
Aug 2014Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2014Funding round₹13.1 CrInvestors: Wesman Thermal Engg Process Private Limited, 3 individuals
Mar 2012Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

The Wesman Engineering Company Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 19 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Heatco
an individual supplier
Arun Refractories
Allied Safety Equipments Private Limited

To see the full MSME payment records of The Wesman Engineering Company Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

The Wesman Engineering Company has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Wesman Enterprises Private LimitedU18102WB1998PTC086788

To see the full group structure of The Wesman Engineering Company Private Limited, buy the company report.

GST

The Wesman Engineering Company has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AABCT0809Q1ZXWest BengalActive01 Jul 2017
21AABCT0809Q1ZCOdishaActive09 Nov 2023

To see the full GST registrations and return filing status of The Wesman Engineering Company Private Limited, buy the company report.

Recent activity

The Wesman Engineering Company Private Limited has 15 board changes on record since 1975: 7 appointments and 8 cessations. The latest: Piya Khatri was appointed as Director on 30 Sep 2024.

AGM
The Wesman Engineering Company Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 16.30 Cr registered on 29 Nov 2006 with Charge ID 10026159 was modified on 03 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 03 Mar 2025 with Charge ID 101084187 was modified on 28 Jul 2025.
Charges
A charge with Standard Chartered Bank of Rs. 20.80 Cr registered on 29 Nov 2006 with Charge ID 10026145 was modified on 28 Jul 2025.
Filing
The Wesman Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 101084187 was registered on 03 Mar 2025.
Appointed
Piya Khatri was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100567064 was registered on 26 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100522888 was registered on 04 Jan 2022.
Charges
A charge with Standard Chartered Bank of Rs. 1.50 Cr registered on 23 Feb 2016 with Charge ID 10623896 was modified on 22 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100500697 was registered on 12 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100464370 was registered on 23 Jul 2021.

22 earlier events are in the company report.

Frequently asked questions

The Wesman Engineering Company is an active private limited company based in Kolkata, West Bengal, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 08 August 1951 (75+ years old) and is registered under CIN U29292WB1951PTC019898.

The Wesman Engineering Company has 6 current directors:

The latest financial statements of The Wesman Engineering Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of The Wesman Engineering Company is 19AABCT0809Q1ZX, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AABCT0809Q1ZC (Odisha).

The CIN (Corporate Identification Number) of The Wesman Engineering Company is U29292WB1951PTC019898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The Wesman Engineering Company has 29 court cases on record: 12 filed by the company and 17 filed against it. 6 are pending. Most are in the district courts.

The Wesman Engineering Company was incorporated on 08 August 1951, making it 75+ years old. It is registered with the Registrar of Companies, Kolkata.

The Wesman Engineering Company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.88 Cr; the latest was in April 2019.

Piya Khatri was appointed as Director on 30 Sep 2024. Rajan Arjan Vaswani ceased to be Whole-Time Director on 01 Oct 2019. Anil Vaswani ceased to be Director on 01 Oct 2015. The Wesman Engineering Company has 15 board changes on record in total.

Yes, The Wesman Engineering Company is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0002029).

The Wesman Engineering Company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 19 overdue payments to 4 micro and small suppliers. The latest return was filed on 16 Oct 2023.