MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0018008
Wearresist Technologies Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹75.02 Cr
▲ 32% YoY
Net profit · FY 2024
₹3.6 Cr
Net margin 4.8%
EBITDA · FY 2024
₹8.27 Cr
EBITDA margin 11%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.14 Cr
Issued & subscribed
Open charges
₹21.33 Cr
Satisfied ₹51.06 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
181
Provident fund records
About Wearresist Technologies Private Limited
Data last updated:
Wearresist Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 19 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31109GJ1996PTC029095. Its GSTIN is 24AAACW2593B1ZM (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.14 Cr. It is led by directors including Bhagatram Rajendra Gupta (Whole-Time Director) and Anjaliben Pankajkumar Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 749/9 GIDC Makarpura Ind. Estate, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.02 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Cr (net margin 4.8%) and EBITDA of ₹8.27 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 11% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WearResist. As per MCA filings, the company has open charges of ₹21.33 Cr and satisfied charges of ₹51.06 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it.
Wearresist Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0018008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wearresist.com.
Company details
CIN U31109GJ1996PTC029095
Registration Number 029095
Incorporation Date 19 March 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0018008
Key People
Bhagatram Rajendra Gupta Whole-Time Director Anjaliben Pankajkumar Jain Whole-Time Director Pankaj Hanskumar Jain Whole-Time Director Recognitions & Rankings of Wearresist Technologies
Contact details
Wearresist Technologies Private Limited's registered office is in Vadodara, Gujarat. Its website is wearresist.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address749/9 GIDC Makarpura Ind. Estate, Vadodara, Gujarat, India – 390010
- IndustryManufacturing, Cable & Wire
To see the full contact details of Wearresist Technologies Private Limited, buy the company report.
Comprehensive company report
Wearresist Technologies 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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Brands
Wearresist Technologies operates one associated brand: WearResist. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wear resistance solutions, welding, and coatings for industrial sectors. | wearresist.com |
Business activity
The main business activity of Wearresist Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Wearresist Technologies Private Limited, buy the company report.
Financials of Wearresist Technologies Private Limited
FY 2025 filings availableWearresist Technologies Private Limited reported revenue of ₹75.02 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹75.02 Cr ▲ 32%
Net profit · FY 2024
₹3.6 Cr margin 4.8%
EBITDA · FY 2024
₹8.27 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 32%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 31%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 32% growth in the latest year. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.6 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 Wearresist Technologies Private Limited, buy the company report.
Board of directors of Wearresist Technologies Private Limited
Wearresist Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagatram Rajendra Gupta Also directs: Incan Cast Alloys Private Limited, Sonia Parivahan Private Limited | Whole-Time Director | 19 Mar 1996 | 30 Years 7 Months | Current |
| Anjaliben Pankajkumar Jain | Whole-Time Director | 01 Apr 1999 | 27 Years 7 Months | Current |
| Pankaj Hanskumar Jain Also directs: Incan Cast Alloys Private Limited | Whole-Time Director | 19 Mar 1996 | 30 Years 7 Months | Current |
| Sonal Vipul Gupta Also directs: Speedage Tracon Private Limited | Whole-Time Director | 18 May 2010 | 16 Years 5 Months | Current |
Peer comparison
Wearresist Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Cables and Wires, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Signet Conductors Pvt Ltd | ₹75.46 Cr (FY 2024) | 25.0% | Rewa, Madhya Pradesh, India | |||
| Fortunearrt Wires & Cables Private Limited | ₹75.27 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Wearresist Technologies Private Limitedthis company | ₹75.02 Cr (FY 2024) | ₹3.6 Cr | 4.8% | 32.0% | Vadodara, Gujarat, India | |
| Hallmark Boilers Private Limited | ₹74.73 Cr (FY 2025) | 11.0% | Baramati, Maharashtra, India | |||
| Manjira Machinebuilders Private Limited | ₹74.58 Cr (FY 2025) | 9.0% | Telangana, India |
To see the full peer comparison of Wearresist Technologies Private Limited, buy the company report.
Auditor
Wearresist Technologies Private Limited is audited by ALKESH J SHAH & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALKESH J SHAH & CO | FY 2024 | 100280W |
Shareholding
The shareholding of Wearresist Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wearresist Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.33 Cr
Satisfied charges
₹51.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2025 | 101084257 | Hdfc Bank Limited | ₹23.5 Lakh | Open | |
| 27 Mar 2010 | 10212131 | Axis Bank Limited | ₹5.15 Lakh | Open | |
| 06 Apr 2009 | 10158666 | Axis Bank Limited | ₹4 Lakh | Open | |
| 07 Feb 2006 | 80018200 | Others | ₹21 Cr | Open | |
| 16 Oct 2021 | 100489014 | Others | ₹26 Cr | Satisfied |
To see the full charge records of Wearresist Technologies Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Wearresist Technologies Private Limited has 12 court cases on record: 2 filed by Wearresist Technologies, 10 filed against it. All cases are disposed.
Total cases
12
Filed by the company
2
Filed against the company
10
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (MACMA) | Filed against the company | Disposed |
| District court, SURAT, Gujarat | Motor accident claim | Filed against the company | Disposed |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by M/S. Sri Surya Chandra Contractors Rep., by Its V.V.L.Narayana | Disposed |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Wearresist Technologies 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.
Credit ratings & regulatory alerts
Wearresist Technologies Private Limited was last rated by Crisil on 16 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Dec 2019 |
To see the full credit ratings and regulatory alerts of Wearresist Technologies Private Limited, buy the company report.
MSME payment delays
Wearresist Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 86 overdue payments to 14 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 (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elite Industries | |||
| an individual supplier | |||
| Baroda Bearing Center | |||
| Pruthvi Corporation | |||
| an individual supplier |
To see the full MSME payment records of Wearresist Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Wearresist Technologies has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Wearresist Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW2593B1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wearresist Technologies Private Limited, buy the company report.
Recent activity
Wearresist Technologies Private Limited has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Sheetal Bhagatram Gupta ceased to be Whole-Time Director on 18 May 2010.
AGM
Wearresist Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101084257 was registered on 16 Apr 2025.
Filing
Wearresist Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 16 Oct 2021 via Charge ID 100489014 with Others was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 20 Jun 2020 via Charge ID 100371097 with Others was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 18 May 2020 via Charge ID 100371103 with Others was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 26 Feb 2016 via Charge ID 100026574 with Others was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 09 Feb 2012 via Charge ID 10338645 with Central Bank Of India was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 07 Feb 2006 via Charge ID 80018201 with Central Bank Of India was fully satisfied on 10 Jan 2025.
Charges
A charge with Others of Rs. 21.00 Cr registered on 07 Feb 2006 with Charge ID 80018200 was modified on 10 Dec 2024.
Charges
A charge with Others amounted to Rs. 26.00 Cr with Charge ID 100489014 was registered on 16 Oct 2021.
Charges
A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100371097 was registered on 20 Jun 2020.
14 earlier events are in the company report.
Frequently asked questions
Wearresist Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 19 March 1996 (30+ years old) and is registered under CIN U31109GJ1996PTC029095.
Wearresist Technologies has 4 current directors:
- Bhagatram Rajendra Gupta - Whole-Time Director
- Anjaliben Pankajkumar Jain - Whole-Time Director
- Pankaj Hanskumar Jain - Whole-Time Director
- Sonal Vipul Gupta - Whole-Time Director
The latest financial statements of Wearresist Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wearresist Technologies is 24AAACW2593B1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Wearresist Technologies is U31109GJ1996PTC029095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wearresist Technologies has 12 court cases on record: 2 filed by the company and 10 filed against it. Most are in the district courts.
Wearresist Technologies was incorporated on 19 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Wearresist Technologies by revenue are Signet Conductors Pvt Ltd, Fortunearrt Wires & Cables Private Limited, Hallmark Boilers Private Limited, Manjira Machinebuilders Private Limited, all in the Machinery and Equipment industry (Cables and Wires, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sheetal Bhagatram Gupta ceased to be Whole-Time Director on 18 May 2010. Sonal Vipul Gupta was appointed as Whole-Time Director on 18 May 2010. Anjaliben Pankajkumar Jain was appointed as Whole-Time Director on 01 Apr 1999. Wearresist Technologies has 5 board changes on record in total.
Yes, Wearresist Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0018008).
Wearresist Technologies has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 86 overdue payments to 14 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Wearresist Technologies can be reached through the website wearresist.com. Its registered office is in Vadodara, Gujarat, India.
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