About Webel Consumer Electronics Limited
Data last updated:
Webel Consumer Electronics Limited was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 15 June 1981.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U32101WB1981PLC033776. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹14 Cr and a paid-up capital of ₹8.02 Cr. It was led by directors including Aninda Chatterjee and Ashis Kumar Sasmal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Block Bn Sector Vsalt Lake City, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2018, the company reported a revenue of ₹82.04 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr (net margin -229.2%) and EBITDA of -₹1.82 Cr (EBITDA margin -221.3%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
The company had about 13 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Webel India. As per MCA filings, the company had satisfied charges of ₹5.87 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 1 case is pending.
The last known website on record is webel-india.com.
Company details
CIN history
Webel Consumer Electronics has one previous CIN (Corporate Identification Number): U32101WB1981PTC033776. The current CIN is U32101WB1981PLC033776, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32101WB1981PLC033776 | Current |
| U32101WB1981PTC033776 | Previous |
Contact details
Webel Consumer Electronics Limited's registered office is in Kolkata, West Bengal. Its website is webel-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock Bn Sector Vsalt Lake City, Kolkata, West Bengal, India – 700091
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Webel Consumer Electronics 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
Brands
Webel Consumer Electronics operates one associated brand: Webel India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial development in West Bengal is facilitated by Webel. | webel-india.com |
Business activity
The main business activity of Webel Consumer Electronics is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Webel Consumer Electronics Limited, buy the company report.
Financials of Webel Consumer Electronics Limited
FY 2018 filings availableWebel Consumer Electronics Limited reported revenue of ₹82.04 Lakh (down 5% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 74%. EBITDA fell 5% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.82 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.88 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -221.3% | |||
| Net Profit Margin | -229.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Webel Consumer Electronics Limited, buy the company report.
Board of directors of Webel Consumer Electronics Limited
Webel Consumer Electronics has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aninda Chatterjee | Director | 11 Dec 2015 | 10 Years 11 Months | As last reported |
| Ashis Kumar Sasmal | Director | 08 Jul 2015 | 11 Years 4 Months | As last reported |
| Arun Prakash Sarkar | Nominee Director | 16 May 2018 | 8 Years 5 Months | As last reported |
| Pratul Show Also directs: Infinity Infotech Parks Limited, Webel Venture Capital Limited, Webel Electronics Manufacturing Clusters Limited and 1 more | Nominee Director | 16 May 2018 | 8 Years 5 Months | As last reported |
Auditor
Webel Consumer Electronics Limited is audited by SUDHIR KUMAR JAIN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHIR KUMAR JAIN & ASSOCIATES | FY 2017 | 318016E |
Shareholding
The shareholding of Webel Consumer Electronics Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Webel Consumer Electronics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 1988 | 80028499 | West Bengal Industrial Development Corporation Limited | ₹67 Lakh | Satisfied | |
| 08 Aug 1985 | 80036693 | State Bank of India | ₹5.2 Cr | Satisfied |
To see the full charge records of Webel Consumer Electronics Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Webel Consumer Electronics Limited has 10 court cases on record: 10 filed by Webel Consumer Electronics. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 3 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Konka Electronics India Ltd and Ors | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against Assistant Commissioner of Commercial Taxes, & Ors. | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Webel Consumer Electronics 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 Webel Consumer Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Webel Consumer Electronics Limited has a workforce of 13 employees on its EPFO records as of Aug 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 13 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Webel Consumer Electronics Limited, buy the company report.
GST
Webel Consumer Electronics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Webel Consumer Electronics Limited, buy the company report.
Recent activity
Webel Consumer Electronics Limited has 18 board changes on record since 2007: 4 appointments and 14 cessations. The latest: Kaushik Halder ceased to be Additional Director on 25 May 2018.
14 earlier events are in the company report.
Frequently asked questions
Webel Consumer Electronics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Webel Consumer Electronics was a public limited company based in Kolkata, West Bengal, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 15 June 1981 and is registered under CIN U32101WB1981PLC033776. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Webel Consumer Electronics was incorporated on 15 June 1981. It is registered with the Registrar of Companies, Kolkata.
Webel Consumer Electronics had 4 directors:
- Aninda Chatterjee - Director
- Ashis Kumar Sasmal - Director
- Arun Prakash Sarkar - Nominee Director
- Pratul Show - Nominee Director
The CIN (Corporate Identification Number) of Webel Consumer Electronics is U32101WB1981PLC033776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Webel Consumer Electronics is at Block Bn Sector Vsalt Lake City, Kolkata, West Bengal, India – 700091.
Webel Consumer Electronics can be reached through the website webel-india.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Webel Consumer Electronics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Webel Consumer Electronics has 1 GST registration on record and it is cancelled or inactive.
Webel Consumer Electronics operated in the energy and power industry, in the power equipment manufacturers segment.
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