Welcast Construction Company Private Limited
About Welcast Construction Company Private Limited
Data last updated:
Welcast Construction Company Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1991PTC061122. Its GSTIN is 27AAACW2433J1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Diana Milton Pereira and Milton Rafayal Pereira.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sagarpark Bldg No.1 Opp.Sagarshet Petrol Pump Vasai(West), Thane, Maharashtra, India – 401201.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.92 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹50.03 Lakh and EBITDA of -₹27.35 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
As per MCA filings, the company has satisfied charges of ₹2.68 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Welcast Construction Company Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSagarpark Bldg No.1 Opp.Sagarshet Petrol Pump Vasai(West), Thane, Maharashtra, India – 401201
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Welcast Construction Company 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 Welcast Construction Company is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Welcast Construction Company Private Limited
FY 2019 filings availableWelcast Construction Company Private Limited reported revenue of ₹4.92 Lakh (down 96% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 96% fall in the latest year. EBITDA fell 229% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.92 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹27.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50.03 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Welcast Construction Company Private Limited, buy the company report.
Board of directors of Welcast Construction Company Private Limited
Welcast Construction Company has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diana Milton Pereira Also directs: Abhiruchi Hotels Private Limited | Director | 12 Jul 2014 | 12 Years 3 Months | Current |
| Milton Rafayal Pereira Also directs: Abhiruchi Hotels Private Limited | Director | 09 Apr 1991 | 35 Years 6 Months | Current |
Auditor
Welcast Construction Company Private Limited is audited by Lalit Jain & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lalit Jain & Co. | FY 2019 | 105562W |
Shareholding
The shareholding of Welcast Construction Company Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Welcast Construction Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2016 | 100066946 | Others | ₹1.45 Cr | Satisfied | |
| 05 Feb 2009 | 10141345 | The Bassein Catholic Co-Op Bank Limited | ₹20 Lakh | Satisfied | |
| 05 Nov 2002 | 90158048 | Bassein Catholic Co-Operative Bank Limited | ₹1 Cr | Satisfied | |
| 22 Jun 1993 | 90155848 | Bassein Catholic Co-Op Bank Ltd | ₹2.75 Lakh | Satisfied |
To see the full charge records of Welcast Construction Company Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Welcast Construction Company Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Welcast Construction Company 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 Welcast Construction Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welcast Construction Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2433J1ZC | Maharashtra | Active | 11 Sep 2017 |
To see the full GST registrations and return filing status of Welcast Construction Company Private Limited, buy the company report.
Recent activity
Welcast Construction Company Private Limited has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Diana Milton Pereira was appointed as Director on 12 Jul 2014.
5 earlier events are in the company report.
Frequently asked questions
Welcast Construction Company is an active private limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 April 1991 (35+ years old) and is registered under CIN U45200MH1991PTC061122.
Welcast Construction Company has 2 current directors:
- Diana Milton Pereira - Director
- Milton Rafayal Pereira - Director
The latest financial statements of Welcast Construction Company on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Welcast Construction Company is 27AAACW2433J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welcast Construction Company is U45200MH1991PTC061122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welcast Construction Company has 1 court case on record: 1 filed against it.
Welcast Construction Company was incorporated on 09 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Diana Milton Pereira was appointed as Director on 12 Jul 2014. Francis Paul Dsilva ceased to be Additional Director on 12 Jul 2014. Onil John Almeida ceased to be Director on 27 Sep 2008. Welcast Construction Company has 4 board changes on record in total.
The registered office of Welcast Construction Company is at Sagarpark Bldg No.1 Opp.Sagarshet Petrol Pump VasaiWest, Thane, Maharashtra, India – 401201.
Welcast Construction Company operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
