About Weartech Engineers Private Limited
Data last updated:
Weartech Engineers Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29191MP2011PTC025417. Its GSTIN is 23AABCW1561C1ZV (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Pradeep Kumar Saxena and Minni Saxena.
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 221 Second Floor Zone – 1 M. P. Nagar, Bhopal, Madhya Pradesh, India – 462011.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.69 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 1.7%) and EBITDA of ₹3.23 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
The company has about 335 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.13 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weartechindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address221 Second Floor Zone – 1 M. P. Nagar, Bhopal, Madhya Pradesh, India – 462011
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Weartech Engineers Private Limited
The main business activity of Weartech Engineers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Weartech Engineers Private Limited FY 2025 filings available
Weartech Engineers Private Limited reported revenue of ₹82.69 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Weartech Engineers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 25% growth in the latest year. EBITDA rose 14% 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 of Weartech Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.44 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 of Weartech Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Weartech Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Weartech Engineers Private Limited
Weartech Engineers Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaishnavi Green Energy Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Bimal Agencies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Kurseong International Private Limited | •••• | •••• | •••• | •••• | 146 | Arjun Nagar, Haryana, India |
| Vaishno Electronics Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Flyhigh Infraprojects Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Weartech Engineers Private Limited this company | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Vardhman Tele Marketing Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Yashaswi Electronics Private Limited | •••• | •••• | •••• | •••• | - | Jagtial, Telangana, India |
| Jai Mata Mobile Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Rohan Istation Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Wekraft Solar Energy Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Weartech Engineers by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Weartech Engineers Private Limited
Weartech Engineers Private Limited is audited by R. N. GUPTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. N. GUPTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Weartech Engineers Private Limited
Weartech Engineers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Saxena | Director | 18 Feb 2011 | 15 Years 7 Months | Current |
| Minni Saxena | Director | 18 Feb 2011 | 15 Years 7 Months | Current |
| Akash Saxena Also directs: Techair Consultants Private Limited, Air Nova LLP | Director | 16 Feb 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Weartech Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Weartech Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2025 | State Bank of India | ₹12 Lakh | Open |
| 01 Mar 2025 | Others | ₹11.4 Lakh | Open |
| 01 Feb 2025 | Others | ₹45 Lakh | Open |
| 30 Nov 2024 | Axis Bank Limited | ₹4.71 Cr | Open |
| 10 Nov 2022 | Others | ₹3 Cr | Open |
Total charge records: 6 View all charges
Legal Cases of Weartech Engineers Private Limited
Weartech Engineers Private Limited has 2 court cases on record: 1 filed by Weartech Engineers, 1 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Compuage Infocom Ltd | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Weartech Engineers Private Limited
Weartech Engineers Private Limited has a workforce of 335 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Weartech Engineers Private Limited
Weartech Engineers Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Akash Saxena was appointed as Director on 16 Feb 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Weartech Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Weartech Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Weartech Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Weartech Engineers Private Limited
Weartech Engineers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCW1561C1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AABCW1561C1ZX | Chattisgarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Weartech Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Weartech Engineers Private Limited
Weartech Engineers is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 February 2011 (15+ years old) and is registered under CIN U29191MP2011PTC025417.
Weartech Engineers reported revenue of ₹82.69 Cr for FY 2025 (up 25% YoY).
Weartech Engineers has 3 current directors:
- Pradeep Kumar Saxena - Director
- Minni Saxena - Director
- Akash Saxena - Director
Weartech Engineers reported a net profit of ₹1.44 Cr (net margin 1.7%) and EBITDA of ₹3.23 Cr (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Weartech Engineers is 16% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Weartech Engineers is 23AABCW1561C1ZV, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AABCW1561C1ZX (Chattisgarh).
The CIN (Corporate Identification Number) of Weartech Engineers is U29191MP2011PTC025417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weartech Engineers has 2 court cases on record: 1 filed by the company and 1 filed against it.
Weartech Engineers was incorporated on 18 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Weartech Engineers by revenue are Vaishnavi Green Energy Private Limited, Bimal Agencies Private Limited, Kurseong International Private Limited, Vaishno Electronics Private Limited, Flyhigh Infraprojects Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Akash Saxena was appointed as Director on 16 Feb 2021. Minni Saxena was appointed as Director on 18 Feb 2011. Pradeep Kumar Saxena was appointed as Director on 18 Feb 2011.