Waltair Coal Private Limited
About Waltair Coal Private Limited
Data last updated:
Waltair Coal Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 23 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U51909AP2018PTC107675. Its GSTIN is 37AACCW1537B1ZN (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.08 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Rajesh Rao Budari and Chaya Naga Malleswari Budari.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D.No.6 – 23 – 4/15 Flat No IV 5th Floor Surya Residency East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2023, the company reported a revenue of ₹258 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹27.67 Lakh (net margin 0.1%) and EBITDA of ₹3.55 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹38.32 Cr on record. Court records list 22 cases involving the company, including 9 filed by the company and 13 filed against it; 9 cases are pending.
Company details
Contact details
Waltair Coal Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No.6 – 23 – 4/15 Flat No IV 5th Floor Surya Residency East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Waltair Coal 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 Waltair Coal is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Waltair Coal Private Limited, buy the company report.
Financials of Waltair Coal Private Limited
FY 2023 filings availableWaltair Coal Private Limited reported revenue of ₹258 Cr (down 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 56% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹258 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Waltair Coal Private Limited, buy the company report.
Board of directors of Waltair Coal Private Limited
Waltair Coal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rao Budari Also directs: Waltair Constructions Private Limited | Director | 23 Feb 2018 | 8 Years 8 Months | Current |
| Chaya Naga Malleswari Budari | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Waltair Coal Private Limited is audited by Avinash Sagar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Avinash Sagar & Associates | FY 2023 | 017888S |
Shareholding
The shareholding of Waltair Coal 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Waltair Coal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2023 | 100746891 | Others | ₹2.48 Cr | Open | |
| 23 Jun 2023 | 100754360 | Others | ₹4.95 Cr | Open | |
| 31 Mar 2023 | 100717392 | Hdfc Bank Limited | ₹5.6 Cr | Open | |
| 31 Mar 2023 | 100710783 | Others | ₹5.7 Cr | Open | |
| 19 Nov 2021 | 100543847 | Hdfc Bank Limited | ₹2.15 Cr | Open |
To see the full charge records of Waltair Coal Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Waltair Coal Private Limited has 22 court cases on record: 9 filed by Waltair Coal, 13 filed against it. 9 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 13 | 9 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Criminal case | Filed by the company against Suman Harsh Logistics Private Ltd and 1 other | Pending |
| District court, Visakapatnam, Andhra Pradesh | Criminal miscellaneous application | Filed against the company by Icici Bank Ltd. | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal case | Filed by the company against Suman Harsh Logistics Private Ltd and 1 other | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Prakash Industries Limited | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (MVOP) | Filed against the company by an individual | Pending |
To see the full case history of Waltair Coal Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Waltair Coal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Waltair Coal Private Limited has a workforce of 10 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Waltair Coal has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCW1537B1ZN | Andhra Pradesh | Active | 01 Oct 2018 |
| 21AACCW1537B1Z0 | Odisha | Active | 22 Apr 2021 |
To see the full GST registrations and return filing status of Waltair Coal Private Limited, buy the company report.
Recent activity
Waltair Coal Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Chaya Naga Malleswari Budari ceased to be Additional Director on 31 Dec 2020.
4 earlier events are in the company report.
Frequently asked questions
Waltair Coal is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 23 February 2018 (8+ years old) and is registered under CIN U51909AP2018PTC107675.
Waltair Coal has 2 current directors:
- Rajesh Rao Budari - Director
- Chaya Naga Malleswari Budari - Director
The latest financial statements of Waltair Coal on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Waltair Coal is 37AACCW1537B1ZN, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AACCW1537B1Z0 (Odisha).
The CIN (Corporate Identification Number) of Waltair Coal is U51909AP2018PTC107675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waltair Coal has 22 court cases on record: 9 filed by the company and 13 filed against it. 9 are pending. Most are in the district courts.
Waltair Coal was incorporated on 23 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Chaya Naga Malleswari Budari ceased to be Additional Director on 31 Dec 2020. Chaya Naga Malleswari Budari was appointed as Director on 19 Aug 2020. Rajesh Kumar Dantuluri ceased to be Director on 19 Aug 2020. Waltair Coal has 4 board changes on record in total.
The registered office of Waltair Coal is at D.No.6 – 23 – 415 Flat No IV 5th Floor Surya Residency East Point Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
Waltair Coal operates in the metals and minerals industry, in the other metals and minerals segment.