About Wemech Automation Private Limited
Data last updated:
Wemech Automation Private Limited is a private limited company based in Bangalore North, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29308KA2017PTC105644. Its GSTIN is 29AACCW0614R1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jamalsab Moulasab Nadaf and Mahesha Ajjahalli Channegowda.
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 Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.31 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹37.18 Lakh (net margin 4.5%) and EBITDA of ₹65.87 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.51 Cr 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 wemechautomation.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.23 1st Cross Sri Vinayaka Industrial Layout Bailakonenahalli, Kachohalli Main Road Lakshmipura Post Dasanapura Hobli, Bangalore North, Karnataka, India – 562162
- IndustryMachinery and Equipment, Industrial Machinery 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 Wemech Automation Private Limited
The main business activity of Wemech Automation is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Wemech Automation Private Limited FY 2024 filings available
Wemech Automation Private Limited reported revenue of ₹8.31 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wemech Automation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 27% growth in the latest year. EBITDA rose 75% 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 Wemech Automation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹65.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.18 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Wemech Automation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Wemech Automation are in the company report.
Financial statements from FY 2018
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 Wemech Automation Private Limited
Wemech Automation Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Petromech Engineers Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| IV Square Structure India Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Kandi Engineering Private Limted | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Ventilair India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Pacco Automation India Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Wemech Automation Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Accurate Robotic Solutions Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Warehouse International Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Mgrow Techno Systems Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Jagannath Sanitaryware Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Micro Transmission Systems Private Limited | •••• | •••• | •••• | •••• | - | Kondligharoli, Delhi, India |
Peers are the five companies nearest above and the five nearest below Wemech Automation by revenue in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers), 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 Wemech Automation Private Limited
Wemech Automation Private Limited is audited by H A MANJUNATH & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H A MANJUNATH & ASSOCIATES | 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 Wemech Automation Private Limited
Wemech Automation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jamalsab Moulasab Nadaf | Director | 18 Aug 2017 | 9 Years 1 Months | Current |
| Mahesha Ajjahalli Channegowda | Director | 18 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Wemech Automation 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 Wemech Automation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Others | ₹1.51 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Wemech Automation Private Limited
Wemech Automation Private Limited has a workforce of 112 employees as of Apr 07, 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 Wemech Automation Private Limited
Wemech Automation Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jamalsab Moulasab Nadaf was appointed as Director on 18 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Wemech Automation 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 Wemech Automation 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 Wemech Automation 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 Wemech Automation Private Limited
Wemech Automation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW0614R1ZV | Karnataka | Active | 14 Sep 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 Wemech Automation 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 Wemech Automation Private Limited
Wemech Automation is an active private limited company based in Bangalore North, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 August 2017 (9+ years old) and is registered under CIN U29308KA2017PTC105644.
Wemech Automation reported revenue of ₹8.31 Cr for FY 2024 (up 27% YoY).
Wemech Automation has 2 current directors:
- Jamalsab Moulasab Nadaf - Director
- Mahesha Ajjahalli Channegowda - Director
Wemech Automation reported a net profit of ₹37.18 Lakh (net margin 4.5%) and EBITDA of ₹65.87 Lakh (EBITDA margin 7.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wemech Automation is 17% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wemech Automation is 29AACCW0614R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Wemech Automation is U29308KA2017PTC105644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wemech Automation was incorporated on 18 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Wemech Automation by revenue are Petromech Engineers Private Limited, IV Square Structure India Private Limited, Kandi Engineering Private Limted, Ventilair India Private Limited, Pacco Automation India Private Limited and 5 more, all in the Machinery and Equipment industry (Automation, Industrial Products Manufacturers).
Jamalsab Moulasab Nadaf was appointed as Director on 18 Aug 2017. Mahesha Ajjahalli Channegowda was appointed as Director on 18 Aug 2017.
Wemech Automation can be reached through the website wemechautomation.com. Its registered office is in Bangalore North, Karnataka, India.