About Watanmal (India) Private Limited
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Watanmal (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Portillo Holding Corp. It operates in the business process outsourcing sector. It was incorporated on 03 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U60221TN2003PTC051505. Its GSTIN is 33AAACW6642B1ZP (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nari Lalchand Sakraney and Sugumaran Karthikeyan.
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 is at Old No:12 New No:14 Ground Floor Sripuram Second Street Royapettah, Chennai, Tamil Nadu, India – 600014.
As per the financials filed for FY 2022, the company reported a revenue of ₹23.73 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹12.76 Lakh (net margin -53.8%) and EBITDA of -₹12.67 Lakh (EBITDA margin -53.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 60% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website watanmal.com.
Company details
Contact details
Watanmal (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is watanmal.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOld No:12 New No:14 Ground Floor Sripuram Second Street Royapettah, Chennai, Tamil Nadu, India – 600014
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Watanmal (India) 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 Watanmal (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
Financials of Watanmal (India) Private Limited
FY 2022 filings availableWatanmal (India) Private Limited reported revenue of ₹23.73 Lakh (down 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 20% fall in the latest year. EBITDA rose 29% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹23.73 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹12.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.76 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.4% | ||||
| Net Profit Margin | -53.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Watanmal (India) Private Limited, buy the company report.
Board of directors of Watanmal (India) Private Limited
Watanmal (India) has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nari Lalchand Sakraney | Director | 01 Aug 2011 | 15 Years 2 Months | Current |
| Sugumaran Karthikeyan | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Balakrishnan Murali | Director | 08 Jan 2020 | 6 Years 9 Months | Current |
Shareholding
The shareholding of Watanmal (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Watanmal (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Watanmal (India) 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 Watanmal (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Watanmal (India) Private Limited has a workforce of 1 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Watanmal (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACW6642B1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Watanmal (India) Private Limited, buy the company report.
Recent activity
Watanmal (India) Private Limited has 14 board changes on record since 2011: 3 appointments and 11 cessations. The latest: Sugumaran Karthikeyan ceased to be Additional Director on 28 Sep 2021.
5 earlier events are in the company report.
Frequently asked questions
Watanmal (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 03 September 2003 (23+ years old) and is registered under CIN U60221TN2003PTC051505.
Watanmal (India) has 3 current directors:
- Nari Lalchand Sakraney - Director
- Sugumaran Karthikeyan - Director
- Balakrishnan Murali - Director
The latest financial statements of Watanmal (India) 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.
The GSTIN of Watanmal (India) is 33AAACW6642B1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Watanmal (India) is U60221TN2003PTC051505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Watanmal (India) was incorporated on 03 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Sugumaran Karthikeyan ceased to be Additional Director on 28 Sep 2021. Sugumaran Karthikeyan was appointed as Director on 01 Feb 2021. Balakrishnan Murali ceased to be Additional Director on 30 Dec 2020. Watanmal (India) has 14 board changes on record in total.
Watanmal (India) can be reached through the website watanmal.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Watanmal (India) is at Old No:12 New No:14 Ground Floor Sripuram Second Street Royapettah, Chennai, Tamil Nadu, India – 600014.
Watanmal (India) operates in the business outsourcing industry, in the business process outsourcing segment.
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