About Welco Systems Private Limited
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Welco Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 10 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2009PTC190220. Its GSTIN is 27AAACW8466D1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.2 Lakh. It is led by directors including Shuvalaxmi Sarangi and Vikas Pandey.
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 B – 502 Shree Swami Samarth Chs Plot No. 99/100 Sector – 1 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.07 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹2.73 Lakh (net margin 4.2%) and EBITDA of ₹6.08 Lakh (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹34.3 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welcosystems.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 502 Shree Swami Samarth Chs Plot No. 99/100 Sector – 1 Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Welco Systems Private Limited
The main business activity of Welco Systems is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | 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 Welco Systems Private Limited FY 2025 filings available
Welco Systems Private Limited reported revenue of ₹65.07 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Welco Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 32% fall in the latest year. EBITDA fell 11% 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 Welco Systems 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 | ₹6.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.73 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 of Welco Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Welco Systems 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 Welco Systems Private Limited
Welco Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avinya Miltech Private Limited | ₹65.6 Lakh (FY 2025) | •••• | •••• | 35073.0% | •••• | Indore, Madhya Pradesh, India |
| Virshree Electrotech Private Limited | ₹65.5 Lakh (FY 2023) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Rigid Controls Private Limited | ₹65.29 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Ahmedabad, Gujarat, India |
| Builtronics India Private Limited | ₹65.21 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Delhi, India |
| Vachan Polymer Private Limited | ₹65.19 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Welco Systems Private Limited this company | ₹65.07 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Navi Mumbai, Maharashtra, India |
| Omega Futuristic Private Limited | ₹64.73 Lakh (FY 2018) | •••• | •••• | 28874.0% | •••• | New Delhi, Delhi, India |
| Lrsa Technology Private Limited | ₹64.63 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Rudraksha Technology Private Limited | ₹64.18 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Navi Mumbai, Maharashtra, India |
| Dezire Embedded Technology Private Limited | ₹64.04 Lakh (FY 2023) | •••• | •••• | 47.0% | •••• | Noida, Uttar Pradesh, India |
| Crystofab India Private Limited | ₹63.91 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Welco Systems by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Welco Systems Private Limited
Welco Systems Private Limited is audited by G P AGRAWAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G P AGRAWAL & CO | 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 Welco Systems Private Limited
Welco Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shuvalaxmi Sarangi Also directs: Pravasi Estate Holdings Private Limited | Director | 31 Mar 2011 | 15 Years 6 Months | Current |
| Vikas Pandey | Director | 17 Feb 2009 | 17 Years 7 Months | Current |
| Vijay Chandrama Singh Also directs: Sau Pharma Private Limited | Director | 22 Feb 2012 | 14 Years 7 Months | Current |
Ownership and Shareholding of Welco Systems 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 Welco Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2020 | Bank of India | ₹4.3 Lakh | Open |
| 22 Mar 2012 | Bank of India | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Welco Systems Private Limited
Employment history and EPFO contributions of people linked to Welco Systems.
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 Welco Systems Private Limited
Welco Systems Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Sanjay Chandrama Singh ceased to be Director on 22 Feb 2012.
Credit Ratings, Litigation & Regulatory Alerts for Welco Systems 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 Welco Systems 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 Welco Systems 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 Welco Systems Private Limited
Welco Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW8466D1Z4 | Maharashtra | 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 Welco Systems 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 Welco Systems Private Limited
Welco Systems is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 10 February 2009 (17+ years old) and is registered under CIN U74900MH2009PTC190220.
Welco Systems reported revenue of ₹65.07 Lakh for FY 2025 (down 32% YoY).
Welco Systems has 3 current directors:
- Shuvalaxmi Sarangi - Director
- Vikas Pandey - Director
- Vijay Chandrama Singh - Director
Welco Systems reported a net profit of ₹2.73 Lakh (net margin 4.2%) and EBITDA of ₹6.08 Lakh (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Welco Systems is -12% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Welco Systems is 27AAACW8466D1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welco Systems is U74900MH2009PTC190220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welco Systems was incorporated on 10 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Welco Systems by revenue are Avinya Miltech Private Limited, Virshree Electrotech Private Limited, Rigid Controls Private Limited, Builtronics India Private Limited, Vachan Polymer Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Sanjay Chandrama Singh ceased to be Director on 22 Feb 2012. Vijay Chandrama Singh was appointed as Director on 22 Feb 2012. Anil Mahapatra ceased to be Director on 01 Aug 2011. Welco Systems has 6 board changes on record in total.
Welco Systems can be reached through the website welcosystems.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.