MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0008350
We Two Engineering Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹12.08 Cr
▼ 29% YoY
Net profit · FY 2021
₹14.6 Lakh
Net margin 1.2%
EBITDA · FY 2021
₹3.8 Cr
EBITDA margin 31.5%
Authorised capital
₹4.15 Cr
Registered with MCA
Paid-up capital
₹4.15 Cr
Issued & subscribed
Open charges
₹23.32 Cr
Satisfied ₹34.02 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
26
Provident fund records
About We Two Engineering Private Limited
Data last updated:
We Two Engineering Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 09 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29150TN2000PTC046080. Its GSTIN is 33AAACW3616K1ZE (Tamil Nadu).
The company has an authorised share capital of ₹4.15 Cr and a paid-up capital of ₹4.15 Cr. It is led by directors Kochi Cherikal Mohanan (Managing Director) and Prema Mohanan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 3/55 Veteran Lane Pallavaram, Chennai, Tamil Nadu, India – 600043.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.08 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹14.6 Lakh (net margin 1.2%) and EBITDA of ₹3.8 Cr (EBITDA margin 31.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 9% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.32 Cr and satisfied charges of ₹34.02 Cr on record. Court records list 19 cases involving the company, including 4 filed by the company and 15 filed against it; 7 cases are pending.
We Two Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0008350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wetwoengg.in.
Company details
CIN U29150TN2000PTC046080
Registration Number 046080
Incorporation Date 09 November 2000
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0008350
Recognitions & Rankings of We Two Engineering
Contact details
We Two Engineering Private Limited's registered office is in Chennai, Tamil Nadu. Its website is wetwoengg.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address3/55 Veteran Lane Pallavaram, Chennai, Tamil Nadu, India – 600043
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of We Two Engineering Private Limited, buy the company report.
Comprehensive company report
We Two Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of We Two Engineering is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of We Two Engineering Private Limited, buy the company report.
Financials of We Two Engineering Private Limited
FY 2021 filings availableWe Two Engineering Private Limited reported revenue of ₹12.08 Cr (down 29% YoY) for FY 2021.
Revenue · FY 2021
₹12.08 Cr ▼ 29%
Net profit · FY 2021
₹14.6 Lakh margin 1.2%
EBITDA · FY 2021
₹3.8 Cr margin 31.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 28%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 3%
5 years · compounded
▲ 8%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 29% fall in the latest year. EBITDA rose 19% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹3.8 Cr | ||||
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| Net Profit (PAT) | ₹14.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 31.5% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of We Two Engineering Private Limited, buy the company report.
Board of directors of We Two Engineering Private Limited
We Two Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kochi Cherikal Mohanan | Managing Director | 09 Nov 2000 | 25 Years 11 Months | Current |
| Prema Mohanan | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
Auditor
We Two Engineering Private Limited is audited by M M B & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M B & ASSOCIATES | FY 2020 | 016471S |
Shareholding
The shareholding of We Two Engineering Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of We Two Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.32 Cr
Satisfied charges
₹34.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2017 | 100147413 | The South Indian Bank Limited | ₹23.32 Cr | Open | |
| 27 Jun 2013 | 10438963 | Indusind Bank Ltd. | ₹11.94 Cr | Satisfied | |
| 24 Dec 2010 | 10261928 | Bank of India | ₹12.22 Cr | Satisfied | |
| 18 Oct 2001 | 90285998 | State Bank of Hyderabad | ₹7.64 Cr | Satisfied | |
| 18 Oct 2001 | 90302824 | State Bank of Hyderabad | ₹2.23 Cr | Satisfied |
To see the full charge records of We Two Engineering Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
We Two Engineering Private Limited has 19 court cases on record: 4 filed by We Two Engineering, 15 filed against it. 7 cases are pending and 12 are disposed.
Total cases
19
Filed by the company
4
Filed against the company
15
Pending
7
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 14 | 7 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Criminal complaint | Filed against the company by Pronk Multiservice India Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Shri Ram City Union Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Shri Ram City Union Finance Ltd. | Disposed |
To see the full case history of We Two Engineering 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 We Two Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
We Two Engineering Private Limited has a workforce of 26 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-18.75%
GST
We Two Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACW3616K1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of We Two Engineering Private Limited, buy the company report.
Recent activity
We Two Engineering Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Gopinatha Menon Edaparambir Madathil ceased to be Director on 25 Jul 2017.
Charges
A charge registered on 27 Jun 2013 via Charge ID 10438963 with Indusind Bank Ltd. was fully satisfied on 15 Jul 2024.
AGM
We Two Engineering Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
We Two Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Charges
A charge with The South Indian Bank Limited of Rs. 23.32 Cr registered on 27 Sep 2017 with Charge ID 100147413 was modified on 09 Oct 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 23.32 Cr with Charge ID 100147413 was registered on 27 Sep 2017.
Ceased
Gopinatha Menon Edaparambir Madathil ceased to be Director.
Charges
A charge registered on 24 Dec 2010 via Charge ID 10261928 with Bank Of India was fully satisfied on 14 Jun 2016.
Charges
A charge with Indusind Bank Ltd. amounted to Rs. 11.94 Cr with Charge ID 10438963 was registered on 27 Jun 2013.
Charges
A charge with Bank Of India of Rs. 12.22 Cr registered on 24 Dec 2010 with Charge ID 10261928 was modified on 23 Jan 2013.
Appointed
Prema Mohanan was appointed as Director.
Charges
A charge registered on 18 Oct 2001 via Charge ID 90302824 with State Bank Of Hyderabad was fully satisfied on 27 Dec 2010.
Charges
A charge registered on 18 Oct 2001 via Charge ID 90285998 with State Bank Of Hyderabad was fully satisfied on 27 Dec 2010.
8 earlier events are in the company report.
Frequently asked questions
We Two Engineering is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 09 November 2000 (26+ years old) and is registered under CIN U29150TN2000PTC046080.
We Two Engineering has 2 current directors:
- Kochi Cherikal Mohanan - Managing Director
- Prema Mohanan - Director
The latest financial statements of We Two Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of We Two Engineering is 33AAACW3616K1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of We Two Engineering is U29150TN2000PTC046080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Two Engineering has 19 court cases on record: 4 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
We Two Engineering was incorporated on 09 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
Gopinatha Menon Edaparambir Madathil ceased to be Director on 25 Jul 2017. Prema Mohanan was appointed as Director on 11 Apr 2012. Prema Mohanan ceased to be Director on 20 Oct 2010. We Two Engineering has 4 board changes on record in total.
Yes, We Two Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0008350).
We Two Engineering can be reached through the website wetwoengg.in. Its registered office is in Chennai, Tamil Nadu, India.