Truweld Industries Limited

Truweld Industries Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U40109PN2012PLC144749 Incorporated 14 September 2012 ROC Pune HQ Pune, Maharashtra, India
Active Public Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2022
₹26.42 Lakh
▲ 324% YoY
Net loss · FY 2022
₹13.49 Lakh
Net margin -51.1%
EBITDA · FY 2022
-₹4.75 Lakh
EBITDA margin -18%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹66 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings

About Truweld Industries Limited

Data last updated:

Truweld Industries Limited is a public limited company based in Pune, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 14 September 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40109PN2012PLC144749. Its GSTIN is 27AAFCB7055A3ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Black Swan Corporation Limited. It is led by directors including Adit Shriniwas Yargop and Shraddha Adit Yargop.

Its last annual general meeting (AGM) was held on 09 November 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Off B – 206 Kohinoor Arcade Sdc/2 Sct/24 Tilak Chowk Nigdi, Pune, Maharashtra, India – 411044.

As per the financials filed for FY 2022, the company reported a revenue of ₹26.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.49 Lakh (net margin -51.1%) and EBITDA of -₹4.75 Lakh (EBITDA margin -18%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 402% over five years.

As per MCA filings, the company has open charges of ₹66 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Truweld Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0303340). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truweld.in.

Company details

CIN U40109PN2012PLC144749
Registration Number 144749
Incorporation Date 14 September 2012
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 November 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0303340
Key People
Adit Shriniwas Yargop Director Shraddha Adit Yargop Director Balkrishna Sakharam More Director

Recognitions & Rankings of Truweld Industries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-26-0303340

Contact details

Truweld Industries Limited's registered office is in Pune, Maharashtra. Its website is truweld.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    truweld.in
  • Registered Address
    Off B – 206 Kohinoor Arcade Sdc/2 Sct/24 Tilak Chowk Nigdi, Pune, Maharashtra, India – 411044
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Truweld Industries Limited, buy the company report.

Comprehensive company report
Truweld Industries 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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Secure checkout · GST invoice included

Business activity

The main business activity of Truweld Industries is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Truweld Industries Limited, buy the company report.

Financials of Truweld Industries Limited

FY 2022 filings available

Truweld Industries Limited reported revenue of ₹26.42 Lakh (up 324% YoY) for FY 2022.

Revenue · FY 2022
₹26.42 Lakh ▲ 324%
Net loss · FY 2022
₹13.49 Lakh margin -51.1%
EBITDA · FY 2022
-₹4.75 Lakh margin -18%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 324%
3 years · compounded
▲ 33%
5 years · compounded
▲ 402%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 43%
5 years · compounded
▼ 18%

Revenue has grown at a compounded annual rate (CAGR) of 402% over five years, including 324% growth in the latest year. EBITDA rose 62% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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-₹4.75 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.49 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-18%
Net Profit Margin-51.1%
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 Truweld Industries Limited, buy the company report.

Board of directors of Truweld Industries Limited

Truweld Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Adit Shriniwas Yargop
Also directs: Blackswan India LLP, Design Matters Infrastructure Solutions Private Limited
Director27 Jan 20188 Years 9 MonthsCurrent
Shraddha Adit Yargop
Also directs: Blackswan India LLP, Capella Corporation LLP
Director15 Apr 201610 Years 6 MonthsCurrent
Balkrishna Sakharam More
Also directs: Capella Corporation LLP
Director15 Apr 201610 Years 6 MonthsCurrent
View all directors

Auditor

Truweld Industries Limited is audited by Alok Shukla & Associates for the financial year 2020.

Auditor firmFinancial yearFirm registration number
Alok Shukla & AssociatesFY 2020147182W

Shareholding

The shareholding of Truweld Industries Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Truweld Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹66 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.66 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Nov 2017100149178Canara Bank₹66 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Truweld Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Truweld Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAFCB7055A3ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Truweld Industries Limited, buy the company report.

Recent activity

Truweld Industries Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Adit Shriniwas Yargop was appointed as Director on 27 Jan 2018.

AGM
Truweld Industries Limited last Annual general meeting of members was held on 09 Nov 2022 as per latest MCA records.
Filing
Truweld Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Appointed
Adit Shriniwas Yargop was appointed as Director.
Ceased
Ameya Laxmikant Yargop ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 66.00 Lakh with Charge ID 100149178 was registered on 06 Nov 2017.
Ceased
Adit Shriniwas Yargop ceased to be Director.
Appointed
Balkrishna Sakharam More was appointed as Director.
Appointed
Shraddha Adit Yargop was appointed as Director.
Ceased
Agnela Solomon ceased to be Director.
Ceased
Solomon Peter ceased to be Director.
Incorporation
14 Sep 2012
Truweld Industries Limited was registered on 14 Sep 2012 with Roc Pune & aged 14 years 1 month as per MCA records.

Frequently asked questions

Truweld Industries is an active public limited company based in Pune, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 14 September 2012 (14+ years old) and is registered under CIN U40109PN2012PLC144749.

Truweld Industries has 3 current directors:

The latest financial statements of Truweld Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 09 November 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Truweld Industries is 27AAFCB7055A3ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Truweld Industries is U40109PN2012PLC144749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Truweld Industries has 1 court case on record: 1 filed against it.

Truweld Industries was incorporated on 14 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.

Adit Shriniwas Yargop was appointed as Director on 27 Jan 2018. Ameya Laxmikant Yargop ceased to be Director on 27 Jan 2018. Adit Shriniwas Yargop ceased to be Director on 12 Dec 2016. Truweld Industries has 7 board changes on record in total.

Yes, Truweld Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0303340).

Truweld Industries can be reached through the website truweld.in. Its registered office is in Pune, Maharashtra, India.