MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-20-0006435
Welkin Convergence Private Limited - consumer electronics & durables in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.7 Cr
▼ 7% YoY
Net profit · FY 2025
₹36.78 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹2.71 Cr
EBITDA margin 8.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25.11 Lakh
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹63.7 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
53
Provident fund records
About Welkin Convergence Private Limited
Data last updated:
Welkin Convergence Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29309TG1991PTC012507. Its GSTIN is 36AABCM3927G1ZK (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.11 Lakh. It was formerly known as Mahavir Enterprises (India) Private Limited and Mahavir Enterprises (India)Private Limited. It is led by directors Mukesh Kunverji Dharod (Managing Director) and Sanket Mukesh Dharod.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.7 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹36.78 Lakh (net margin 1.2%) and EBITDA of ₹2.71 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹63.7 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Welkin Convergence Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0006435). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupwelkin.com.
Company details
CIN U29309TG1991PTC012507
Registration Number 012507
Incorporation Date 01 April 1991
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-20-0006435
Name history
Welkin Convergence has undergone 2 name changes throughout its history. The company was previously known as Mahavir Enterprises (India) Private Limited, and Mahavir Enterprises (India)Private Limited. The current legal name is Welkin Convergence Private Limited.
| Company Name | Status |
|---|---|
| Welkin Convergence Private Limited | Current |
| Mahavir Enterprises (India) Private Limited | Previous |
| Mahavir Enterprises (India)Private Limited | Previous |
CIN history
Welkin Convergence has one previous CIN (Corporate Identification Number): U29309AP1991PTC012507. The current CIN is U29309TG1991PTC012507, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TG1991PTC012507 | Current |
| U29309AP1991PTC012507 | Previous |
Recognitions & Rankings of Welkin Convergence
Contact details
Welkin Convergence Private Limited's registered office is in Hyderabad, Telangana. Its website is groupwelkin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No.120/5 Near Dindigal Police Station Dommara Pochampally Village Quthbullapu, R Mandal, Hyderabad, Telangana, India – 500043
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Welkin Convergence Private Limited, buy the company report.
Comprehensive company report
Welkin Convergence Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Welkin Convergence is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Welkin Convergence Private Limited, buy the company report.
Financials of Welkin Convergence Private Limited
FY 2025 filings availableWelkin Convergence Private Limited reported revenue of ₹30.7 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹30.7 Cr ▼ 7%
Net profit · FY 2025
₹36.78 Lakh margin 1.2%
EBITDA · FY 2025
₹2.71 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 16%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 9%
5 years · compounded
▲ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 12% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.78 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Welkin Convergence Private Limited, buy the company report.
Board of directors of Welkin Convergence Private Limited
Welkin Convergence has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kunverji Dharod | Managing Director | 02 Apr 1991 | 35 Years 7 Months | Current |
| Sanket Mukesh Dharod | Director | 04 Apr 2001 | 25 Years 7 Months | Current |
Peer comparison
Welkin Convergence Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Key Operation & Electrocomponents Private Limited | ₹31.02 Cr (FY 2025) | -28.0% | Delhi, India | |||
| Essay Commercial Resources Private Limited | ₹30.71 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Welkin Convergence Private Limitedthis company | ₹30.7 Cr (FY 2025) | ₹36.78 Lakh | 1.2% | -7.0% | 53 | Hyderabad, Telangana, India |
| Mangalik Sales & Marketing Private Limited | ₹30.69 Cr (FY 2025) | 3.0% | Vapi, Gujarat, India | |||
| Swagata Electricals Private Limted | ₹30.65 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Welkin Convergence Private Limited, buy the company report.
Auditor
Welkin Convergence Private Limited is audited by M. BHASKARA RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. BHASKARA RAO & CO | FY 2023 | 000459S |
Shareholding
The shareholding of Welkin Convergence 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 Welkin Convergence Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18 Cr
Satisfied charges
₹63.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2025 | 101089705 | Axis Bank Limited | ₹2.5 Cr | Open | |
| 31 Dec 2024 | 101058414 | Axis Bank Limited | ₹15.5 Cr | Open | |
| 04 May 2016 | 100031382 | Hdfc Bank Limited | ₹14.42 Cr | Satisfied | |
| 06 Apr 2015 | 10564129 | Hdfc Bank Limited | ₹12.12 Cr | Satisfied | |
| 01 Nov 2010 | 10249097 | Axis Bank Limited | ₹6.5 Cr | Satisfied |
To see the full charge records of Welkin Convergence Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Welkin Convergence Private Limited has 3 court cases on record: 3 filed by Welkin Convergence. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Kanchipuram Murugan Silks Pvt Ltd Rep by Its Mr.Anil Kumar and Another and 1 other | Disposed |
| District court, Medchal Malkajgiri, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Income Tax Officer, and 1 other | Disposed |
To see the full case history of Welkin Convergence 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 Welkin Convergence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welkin Convergence Private Limited has a workforce of 53 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
8.16%
GST
Welkin Convergence has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCM3927G1ZK | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welkin Convergence Private Limited, buy the company report.
Recent activity
Welkin Convergence Private Limited has 5 board changes on record since 1991: 2 appointments and 3 cessations. The latest: Bharatendu Chandrakant Modi ceased to be Director on 15 Oct 2013.
AGM
Welkin Convergence Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 101089705 was registered on 17 Apr 2025.
Charges
A charge with Axis Bank Limited of Rs. 1,550.00 Lakh registered on 31 Dec 2024 with Charge ID 101058414 was modified on 17 Apr 2025.
Filing
Welkin Convergence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge registered on 04 May 2016 via Charge ID 100031382 with Hdfc Bank Limited was fully satisfied on 06 Mar 2025.
Charges
A charge registered on 06 Apr 2015 via Charge ID 10564129 with Hdfc Bank Limited was fully satisfied on 06 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,550.00 Lakh with Charge ID 101058414 was registered on 31 Dec 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,442.46 Lakh registered on 04 May 2016 with Charge ID 100031382 was modified on 29 Nov 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,212.46 Lakh registered on 06 Apr 2015 with Charge ID 10564129 was modified on 20 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,442.46 Lakh with Charge ID 100031382 was registered on 04 May 2016.
Charges
A charge registered on 01 Nov 2010 via Charge ID 10249097 with Axis Bank Limited was fully satisfied on 11 May 2015.
Charges
A charge registered on 31 Mar 2010 via Charge ID 10213660 with Axis Bank Limited was fully satisfied on 11 May 2015.
42 earlier events are in the company report.
Frequently asked questions
Welkin Convergence is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 April 1991 (35+ years old) and is registered under CIN U29309TG1991PTC012507.
Welkin Convergence has 2 current directors:
- Mukesh Kunverji Dharod - Managing Director
- Sanket Mukesh Dharod - Director
The latest financial statements of Welkin Convergence on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Welkin Convergence is 36AABCM3927G1ZK, registered in Telangana. 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 Welkin Convergence is U29309TG1991PTC012507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welkin Convergence has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Welkin Convergence was incorporated on 01 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Welkin Convergence by revenue are Key Operation & Electrocomponents Private Limited, Essay Commercial Resources Private Limited, Mangalik Sales & Marketing Private Limited, Swagata Electricals Private Limted, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Bharatendu Chandrakant Modi ceased to be Director on 15 Oct 2013. Mukesh Kunverji Dharod ceased to be Director on 02 Dec 2011. Praful Kunverji Dharod ceased to be Managing Director on 02 Dec 2011. Welkin Convergence has 5 board changes on record in total.
Yes, Welkin Convergence is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0006435).
Welkin Convergence can be reached through the website groupwelkin.com. Its registered office is in Hyderabad, Telangana, India.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages