Welmech Engineering Company Private Limited

Welmech Engineering Company Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29199TN1989PTC018299 Incorporated 08 November 1989 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company engineering MSME · Small
Revenue · FY 2025
₹19.67 Cr
▲ 74% YoY
Net profit · FY 2025
₹1.29 Cr
Net margin 6.5%
EBITDA · FY 2025
₹1.74 Cr
EBITDA margin 8.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.25 Cr
Issued & subscribed
Open charges
₹9.85 Cr
Satisfied ₹7.08 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
13
Provident fund records

About Welmech Engineering Company Private Limited

Data last updated:

Welmech Engineering Company Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 08 November 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29199TN1989PTC018299. Its GSTIN is 33AAACW0320L1ZP (Tamil Nadu).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Preethamkumar Sadagopan (Managing Director) and Hariharan Sundararaman.

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 Developed Plot No.11A/1 SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.67 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 6.5%) and EBITDA of ₹1.74 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 7% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.85 Cr and satisfied charges of ₹7.08 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it.

Welmech Engineering Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0008984). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welmech.com.

Company details

CIN U29199TN1989PTC018299
Registration Number 018299
Incorporation Date 08 November 1989
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0008984

Recognitions & Rankings of Welmech Engineering Company

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0008984

Contact details

Welmech Engineering Company Private Limited's registered office is in Chennai, Tamil Nadu. Its website is welmech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Developed Plot No.11A/1 SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Welmech Engineering Company Private Limited, buy the company report.

Comprehensive company report
Welmech Engineering Company 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
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Business activity

The main business activities of Welmech Engineering Company are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Welmech Engineering Company Private Limited, buy the company report.

Financials of Welmech Engineering Company Private Limited

FY 2025 filings available

Welmech Engineering Company Private Limited reported revenue of ₹19.67 Cr (up 74% YoY) for FY 2025.

Revenue · FY 2025
₹19.67 Cr ▲ 74%
Net profit · FY 2025
₹1.29 Cr margin 6.5%
EBITDA · FY 2025
₹1.74 Cr margin 8.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 58%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 68%
3 years · compounded
▲ 33%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 74% growth in the latest year. EBITDA fell 68% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.29 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.9%
Net Profit Margin6.5%
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 Welmech Engineering Company Private Limited, buy the company report.

Board of directors of Welmech Engineering Company Private Limited

Welmech Engineering Company has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hariharan SundararamanDirector04 Jan 20215 Years 10 MonthsCurrent
Mrinalini Srinivasagopal VasanthiDirector12 Jun 20242 Years 5 MonthsCurrent
Preethamkumar SadagopanManaging Director27 Oct 20206 Years 0 MonthsCurrent

Auditor

Welmech Engineering Company Private Limited is audited by T K M S & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
T K M S & ASSOCIATES LLPFY 2023000532S/S200002

Shareholding

The shareholding of Welmech Engineering Company Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Welmech Engineering Company Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.85 Cr
Satisfied charges
₹7.08 Cr
Breakdown by lending institutions
State Bank of India₹9.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 200090293871State Bank of India₹9.85 CrOpen
06 Feb 201410476173Reliance Capital Ltd₹1.75 CrSatisfied
08 Oct 201010243299Small Industries Development Bank of India₹50 LakhSatisfied
20 Jan 201010195744Small Industries Development Bank of India₹50 LakhSatisfied
08 Dec 200910190423Axis Bank Limited₹2 CrSatisfied

To see the full charge records of Welmech Engineering Company Private Limited, buy the company report.

Total charge records: 8 View all charges

Credit ratings & regulatory alerts

Welmech Engineering Company Private Limited was last rated by Crisil on 07 May 2020.

Rating agencyRated onRating
Crisil07 May 2020

To see the full credit ratings and regulatory alerts of Welmech Engineering Company Private Limited, buy the company report.

MSME payment delays

Welmech Engineering Company Private Limited has 18 MSME Form 1 returns on record between 2018 and 2022, listing 447 overdue payments to 69 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 69)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Abi Instruments Private Limited
Indomax
an individual supplier

To see the full MSME payment records of Welmech Engineering Company Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Welmech Engineering Company Private Limited has a workforce of 13 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
44.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2713
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Welmech Engineering Company Private Limited, buy the company report.

GST

Welmech Engineering Company has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACW0320L1ZPTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Welmech Engineering Company Private Limited, buy the company report.

Recent activity

Welmech Engineering Company Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Mrinalini Srinivasagopal Vasanthi ceased to be Additional Director on 29 Sep 2024.

AGM
Welmech Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Welmech Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Mrinalini Srinivasagopal Vasanthi ceased to be Additional Director.
Appointed
Mrinalini Srinivasagopal Vasanthi was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 9.85 Cr registered on 29 Mar 2000 with Charge ID 90293871 was modified on 10 Jan 2024.
Ceased
Achathvenadan Sushma ceased to be Director.
Ceased
Hariharan Sundararaman ceased to be Additional Director.
Ceased
Preethamkumar Sadagopan ceased to be Director.
Ceased
Sadagopan Govindarajan Ramasamy ceased to be Managing Director.
Appointed
Hariharan Sundararaman was appointed as Director.
Appointed
Preethamkumar Sadagopan was appointed as Managing Director.
Charges
A charge registered on 06 Feb 2014 via Charge ID 10476173 with Reliance Capital Ltd was fully satisfied on 16 Jun 2017.

18 earlier events are in the company report.

Frequently asked questions

Welmech Engineering Company is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 08 November 1989 (37+ years old) and is registered under CIN U29199TN1989PTC018299.

Welmech Engineering Company has 3 current directors:

The latest financial statements of Welmech Engineering Company 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 Welmech Engineering Company is 33AAACW0320L1ZP, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Welmech Engineering Company is U29199TN1989PTC018299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Welmech Engineering Company has 15 court cases on record: 10 filed by the company and 5 filed against it. Most are in the high courts.

Welmech Engineering Company was incorporated on 08 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.

Mrinalini Srinivasagopal Vasanthi ceased to be Additional Director on 29 Sep 2024. Mrinalini Srinivasagopal Vasanthi was appointed as Director on 12 Jun 2024. Achathvenadan Sushma ceased to be Director on 01 Feb 2023. Welmech Engineering Company has 8 board changes on record in total.

Yes, Welmech Engineering Company is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0008984).

Welmech Engineering Company has 18 MSME Form 1 returns on record between 2018 and 2022, listing 447 overdue payments to 69 micro and small suppliers. The latest return was filed on 30 Apr 2022.

Welmech Engineering Company can be reached through the website welmech.com. Its registered office is in Chennai, Tamil Nadu, India.