About Weldfast Electrodes Private Limited
Data last updated:
Weldfast Electrodes Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the power cables segment of the manufacturing sector. It was incorporated on 21 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27104MH1998PTC117549. Its GSTIN is 27AAACW4129R1ZR (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.32 Cr. It is led by directors including Shantanu Sudhir Soman (Whole-Time Director) and Manjushree Sudhir Soman.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D 57 58 & 59 Hingna Industrial Estate MIDC, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.99 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹9.78 Cr (net margin 7.2%) and EBITDA of ₹14.88 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 13% over five years.
The company has about 194 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Weldfast Electrodes. As per MCA filings, the company has open charges of ₹11 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.31 Cr; the latest was in July 2015. Its 10 peer companies in the Manufacturing industry (Power Cables) are compared by revenue, 5 larger and 5 smaller; the largest is Centurion Power Cables Private Limited. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 56 overdue payments to 16 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 weldfast.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD 57 58 & 59 Hingna Industrial Estate MIDC, Nagpur, Maharashtra, India – 440016
- IndustryManufacturing, Power Cables
- 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 Weldfast Electrodes Private Limited
The main business activity of Weldfast Electrodes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Weldfast Electrodes Private Limited FY 2024 filings available
Weldfast Electrodes Private Limited reported revenue of ₹134.99 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Weldfast Electrodes Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 10% growth in the latest year. EBITDA fell 2% 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 Weldfast Electrodes 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 | ₹14.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.78 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 Weldfast Electrodes Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.2% | •••• | •••• | •••• | •••• |
| 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 Weldfast Electrodes 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 Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Power Cables). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Centurion Power Cables Private Limited | •••• | •••• | •••• | •••• | 28 | Delhi, India |
| RK Transtek Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Nicco Cables Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Johnsoncab Electricals Limited | •••• | •••• | •••• | •••• | - | Mahesana, Gujarat, India |
| Agility Elektrotekniks Private Limited | •••• | •••• | •••• | •••• | 12 | Ghaziabad, Uttar Pradesh, India |
| Weldfast Electrodes Private Limited this company | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Ingar Electronics Private Limited | •••• | •••• | •••• | •••• | 21 | New Delhi, Delhi, India |
| JDS Transformers Industries Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Finolex J-Power Systems Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Oriental Power Cables Ltd | •••• | •••• | •••• | •••• | 25 | Kota, Rajasthan, India |
| Uni Power Transmission (Mysore) Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Weldfast Electrodes by revenue in the Manufacturing industry (Power Cables), 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 Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited is audited by C. R Sagdeo & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C. R Sagdeo & 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 Weldfast Electrodes Private Limited
Weldfast Electrodes has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjushree Sudhir Soman | Director | 21 Dec 1998 | 27 Years 9 Months | Current |
| Shantanu Sudhir Soman Also directs: Awf Welding Private Limited, Vca Recreation Club | Whole-Time Director | 15 Nov 2014 | 11 Years 10 Months | Current |
| Shaunak Soman Sudhir Also directs: Awf Welding Private Limited | Director | 21 Aug 2023 | 3 Years 1 Months | Current |
| Sudhir Vasant Soman | Director | 11 Nov 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Weldfast Electrodes 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 Weldfast Electrodes Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2022 | Others | ₹10 Cr | Open |
| 23 Nov 2015 | State Bank of India | ₹1 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.31 Cr; the latest was in July 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Funding round | ₹9.31 Cr | Investors: 3 individuals |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited has 1 court case on record: 1 filed by Weldfast Electrodes. All case is pending. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Paramox Industries Private Limited | Pending |
Full case history
All 1 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.
MSME Payment Delays by Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 56 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hanumant Polymers Private Limited | •••• | •••• | •••• |
| Paragon Paper Packaging Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| NR Paper Recycling | •••• | •••• | •••• |
| Nagpur Techno Marketing Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Weldfast Electrodes Private Limited
Weldfast Electrodes operates one associated brand: Weldfast Electrodes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of welding consumables, including electrodes and wires, in India. | weldfast.in |
Employees and EPFO Compliance at Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited has a workforce of 194 employees as of Mar 31, 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 Weldfast Electrodes Private Limited
Weldfast Electrodes Private Limited has 9 board changes on record since 1998: 4 appointments and 5 cessations. The latest: Sudhir Vasant Soman was appointed as Director on 11 Nov 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Weldfast Electrodes 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.
Subsidiaries & Group Companies of Weldfast Electrodes 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 Weldfast Electrodes Private Limited
Weldfast Electrodes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW4129R1ZR | 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 Weldfast Electrodes 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 Weldfast Electrodes Private Limited
Weldfast Electrodes is an active private limited company based in Nagpur, Maharashtra, India. The company works in power cables, within the manufacturing industry. It was incorporated on 21 December 1998 (28+ years old) and is registered under CIN U27104MH1998PTC117549.
Weldfast Electrodes reported revenue of ₹134.99 Cr for FY 2025 (up 10% YoY).
Weldfast Electrodes has 4 current directors:
- Shantanu Sudhir Soman - Whole-Time Director
- Manjushree Sudhir Soman - Director
- Shaunak Soman Sudhir - Director
- Sudhir Vasant Soman - Director
Weldfast Electrodes reported a net profit of ₹9.78 Cr (net margin 7.2%) and EBITDA of ₹14.88 Cr (EBITDA margin 11%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Weldfast Electrodes is 11% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Weldfast Electrodes is 27AAACW4129R1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Weldfast Electrodes is U27104MH1998PTC117549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weldfast Electrodes has 1 court case on record: 1 filed by the company. 1 is pending.
Weldfast Electrodes was incorporated on 21 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Weldfast Electrodes has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.31 Cr; the latest was in July 2015.
The peers of Weldfast Electrodes by revenue are Centurion Power Cables Private Limited, RK Transtek Private Limited, Nicco Cables Private Limited, Johnsoncab Electricals Limited, Agility Elektrotekniks Private Limited and 5 more, all in the Manufacturing industry (Power Cables).
Sudhir Vasant Soman was appointed as Director on 11 Nov 2024. Shaunak Soman Sudhir was appointed as Director on 21 Aug 2023. Sudhir Vasant Soman ceased to be Director on 30 Aug 2021. Weldfast Electrodes has 9 board changes on record in total.