Welfare Agritech Private Limited
About Welfare Agritech Private Limited
Data last updated:
Welfare Agritech Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 29 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U01114AP2018PTC109631. Its GSTIN is 37AACCW3064F1ZD (Andhra Pradesh).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.33 Cr. It is led by directors including Ramesh Mandavyapuram Reddy and Karunadhara Reddy Tippireddy.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at C – 2 2nd Floor Pavan Enclave Opp. Hdfc Bank Dabagardens Main Road, Visakhapatnam, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.35 Cr. For the same year it recorded a net loss of ₹18.68 Lakh (net margin -2.9%) and EBITDA of ₹23.95 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹10.03 Cr on record.
Company details
Contact details
Welfare Agritech Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 2 2nd Floor Pavan Enclave Opp. Hdfc Bank Dabagardens Main Road, Visakhapatnam, Andhra Pradesh, India – 530020
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Welfare Agritech 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
Financials of Welfare Agritech Private Limited
FY 2020 filings availableWelfare Agritech Private Limited reported revenue of ₹6.35 Cr for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹6.35 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹23.95 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹18.68 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.8% | |
| Net Profit Margin | -2.9% | |
| 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 Welfare Agritech Private Limited, buy the company report.
Board of directors of Welfare Agritech Private Limited
Welfare Agritech has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavan Ranganadha | Additional Director | 01 Jan 2019 | 7 Years 10 Months | Current |
| Vasudeva Reddy Shilavanuru | Additional Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Ramesh Mandavyapuram Reddy | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
| Karunadhara Reddy Tippireddy | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
| Siva Naga Sarada Naraharisetti | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Welfare Agritech Private Limited is audited by VEERAREDDY& ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEERAREDDY& ASSOCIATES | FY 2020 | 019505S |
Shareholding
The shareholding of Welfare Agritech Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Welfare Agritech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2020 | 100437349 | State Bank of India | ₹13.45 Lakh | Open | |
| 07 Feb 2019 | 100235814 | State Bank of India | ₹9.9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Welfare Agritech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welfare Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welfare Agritech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCW3064F1ZD | Andhra Pradesh | Active | 12 Jan 2019 |
To see the full GST registrations and return filing status of Welfare Agritech Private Limited, buy the company report.
Recent activity
Welfare Agritech Private Limited has 5 board changes on record since 2018: 5 appointments. The latest: Vasudeva Reddy Shilavanuru was appointed as Additional Director on 16 Oct 2019.
Frequently asked questions
Welfare Agritech is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 29 October 2018 (8+ years old) and is registered under CIN U01114AP2018PTC109631.
Welfare Agritech has 5 current directors:
- Madhavan Ranganadha - Additional Director
- Vasudeva Reddy Shilavanuru - Additional Director
- Ramesh Mandavyapuram Reddy - Director
- Karunadhara Reddy Tippireddy - Director
- Siva Naga Sarada Naraharisetti - Director
The latest financial statements of Welfare Agritech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Welfare Agritech is 37AACCW3064F1ZD, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Welfare Agritech is U01114AP2018PTC109631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welfare Agritech was incorporated on 29 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Vasudeva Reddy Shilavanuru was appointed as Additional Director on 16 Oct 2019. Madhavan Ranganadha was appointed as Additional Director on 01 Jan 2019. Karunadhara Reddy Tippireddy was appointed as Director on 29 Oct 2018. Welfare Agritech has 5 board changes on record in total.
The registered office of Welfare Agritech is at C – 2 2nd Floor Pavan Enclave Opp. Hdfc Bank Dabagardens Main Road, Visakhapatnam, Andhra Pradesh, India – 530020.
Welfare Agritech operates in the agriculture industry, in the agri machinery and equipment segment.
Welfare Agritech has open charges of ₹10.03 Cr and no satisfied charges on record as per latest MCA filings.
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.
