About Weg Industries (India) Private Limited
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Weg Industries (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Weg Holdings Gmbh (Formerly Known As Weg Iberia S.L.). It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 10 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2008PTC046020. Its GSTIN is 33AAACW7745D1ZF (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.9 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors including Jean Carlo Butske (Managing Director) and Joao Paulo Gualberto Da Silva.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Eshwari Arcade No. 250 14th Main 7th Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹686.39 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹37.63 Cr (net margin 5.5%) and EBITDA of ₹98.33 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 12% over five years.
The company has about 687 employees on its provident fund (EPFO) records.
Court records list 41 cases involving the company, including 26 filed by the company and 15 filed against it; 13 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹350.38 Cr; the latest was in December 2010. Its 4 peer companies in the Business Services industry (Business Auxiliary Services, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Allied Engineering Works Limited with revenue of ₹720.08 Cr. The company has 51 MSME Form 1 returns on record between 2014 and 2024, listing 35,300 overdue payments to 464 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weg.net.
Company details
Contact details
Weg Industries (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is weg.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEshwari Arcade No. 250 14th Main 7th Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Weg Industries (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 Weg Industries (India) 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 Weg Industries (India) Private Limited, buy the company report.
Financials of Weg Industries (India) Private Limited
FY 2025 filings availableWeg Industries (India) Private Limited reported revenue of ₹686.39 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA fell 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹98.33 Cr | ||||
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| Net Profit (PAT) | ₹37.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Weg Industries (India) Private Limited, buy the company report.
Board of directors and KMP of Weg Industries (India) Private Limited
Weg Industries (India) Private Limited currently reports 4 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jean Carlo Butske | Managing Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Joao Paulo Gualberto Da Silva | Director | 18 Mar 2020 | 6 Years 7 Months | Current |
| Homero Fabiano Michelli | Director | 11 Jun 2025 | 1 Years 4 Months | Current |
| Rodrigo Fumo Fernandes | Director | 21 Feb 2025 | 1 Years 8 Months | Current |
| Mitul Bharatkumar Zaveri | Cfo | 02 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Weg Industries (India) Private Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Business Auxiliary Services, Power Equipment 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 |
|---|---|---|---|---|---|---|
| Allied Engineering Works Limited | ₹720.08 Cr (FY 2025) | 106.0% | Delhi, India | |||
| Siemens Gamesa Renewable Power Private Limited | ₹704.45 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India | |||
| Weg Industries (India) Private Limitedthis company | ₹686.39 Cr (FY 2025) | ₹37.63 Cr | 5.5% | 8.0% | 687 | Bangalore, Karnataka, India |
| Solex Energy Limited | ₹663.64 Cr (FY 2025) | 80.0% | Surat, Gujarat, India | |||
| Hind Rectifiers Limited | ₹656.85 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Weg Industries (India) Private Limited, buy the company report.
Auditor
Weg Industries (India) Private Limited is audited by Kaylaniwalla & Mistry LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kaylaniwalla & Mistry LLP | FY 2023 | 104607W/W100166 |
Shareholding
The shareholding of Weg Industries (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Weg Industries (India) Private Limited, buy the company report.
Deals & funding
Weg Industries (India) Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹350.38 Cr; the latest was in December 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2010 | Funding round | ₹125.13 Cr | Investors: Weg Holding GmbH |
| Feb 2009 | Funding round | ₹225.25 Cr | Investors: Weg Holding GmbH |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Weg Industries (India) Private Limited has 41 court cases on record: 26 filed by Weg Industries (India), 15 filed against it. 13 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 14 | 11 |
| District courts | 6 | 0 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Jyoti Limited | Pending |
| NCLT, Chennai | Insolvency matter | Filed against the company by Regen Powertech Pvt Ltd | Disposed |
| District court, Krishnagiri, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| Madras High Court | Appeal | Filed by the company against Asst. Commissioner of Labour, | Pending |
| Madras High Court | Appeal | Filed by the company against Assistant Commissioner of Labour | Pending |
To see the full case history of Weg Industries (India) 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
Weg Industries (India) Private Limited has 51 MSME Form 1 returns on record between 2014 and 2024, listing 35,300 overdue payments to 464 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 464)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Volta Green Structures Private Limited | |||
| Pec Ventures Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Shine Wood Works & Packers |
To see the full MSME payment records of Weg Industries (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Weg Industries (India) Private Limited has a workforce of 687 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Weg Industries (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACW7745D1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Weg Industries (India) Private Limited, buy the company report.
Recent activity
Weg Industries (India) Private Limited has 29 board changes on record since 2008: 17 appointments and 12 cessations. The latest: Homero Fabiano Michelli was appointed as Director on 11 Jun 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Weg Industries (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 10 April 2008 (18+ years old) and is registered under CIN U31909KA2008PTC046020.
Weg Industries (India) has 5 current directors and KMP:
- Jean Carlo Butske - Managing Director
- Joao Paulo Gualberto Da Silva - Director
- Homero Fabiano Michelli - Director
- Rodrigo Fumo Fernandes - Director
- Mitul Bharatkumar Zaveri - Cfo
The latest financial statements of Weg Industries (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Weg Industries (India) is 33AAACW7745D1ZF, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Weg Industries (India) is U31909KA2008PTC046020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weg Industries (India) has 41 court cases on record: 26 filed by the company and 15 filed against it. 13 are pending. Most are in the high courts.
Weg Industries (India) was incorporated on 10 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Weg Industries (India) has 2 deals on record (2 funding rounds), with disclosed funding of ₹350.38 Cr; the latest was in December 2010.
The peers of Weg Industries (India) by revenue are Allied Engineering Works Limited, Siemens Gamesa Renewable Power Private Limited, Solex Energy Limited, Hind Rectifiers Limited, all in the Business Services industry (Business Auxiliary Services, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Homero Fabiano Michelli was appointed as Director on 11 Jun 2025. Andre Luis Rodrigues ceased to be Director on 04 Jun 2025. Rodrigo Fumo Fernandes was appointed as Director on 21 Feb 2025. Weg Industries (India) has 29 board changes on record in total.
Weg Industries (India) has 51 MSME Form 1 returns on record between 2014 and 2024, listing 35,300 overdue payments to 464 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Weg Industries (India) can be reached through the website weg.net. Its registered office is in Bangalore, Karnataka, India.