West Bengal Electronics Industry Development Corpn Ltd

West Bengal Electronics Industry Development Corpn Ltd - infrastructure and utilities in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U52209WB1974SGC029237 Incorporated 04 February 1974 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited State Government Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹510.42 Cr
▼ 11% YoY
Net profit · FY 2025
₹13.99 Cr
Net margin 2.7%
EBITDA · FY 2025
₹22.17 Cr
EBITDA margin 4.3%
Authorised capital
₹277 Cr
Registered with MCA
Paid-up capital
₹235.67 Cr
Issued & subscribed
Satisfied charges
₹19.95 Cr
No open charges
Company age
52 yrs
Est. 1974
Employees · EPFO
219
Provident fund records

About West Bengal Electronics Industry Development Corpn Ltd

Data last updated:

West Bengal Electronics Industry Development Corpn Ltd is a public limited state government company based in Kolkata, West Bengal, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 04 February 1974 and has been in existence for over 52 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52209WB1974SGC029237. Its GSTIN is 19AAACW2411Q1Z1 (West Bengal).

The company has an authorised share capital of ₹277 Cr and a paid-up capital of ₹235.67 Cr. It is led by directors including Sanjay Kumar Das (Managing Director) and Sumant Sahay (Managing Director).

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 Webel Bhavan Block Ep&Gp Salt Lake Bidhannagar, Kolkata, West Bengal, India – 700091.

As per the financials filed for FY 2025, the company reported a revenue of ₹510.42 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹13.99 Cr (net margin 2.7%) and EBITDA of ₹22.17 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.

The company has about 219 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Webel. As per MCA filings, the company has satisfied charges of ₹19.95 Cr on record. Court records list 21 cases involving the company, including 9 filed by the company and 12 filed against it; 9 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹38.25 Cr; the latest was in June 2020. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 16 overdue payments to 15 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 webel.in.

Company details

CIN U52209WB1974SGC029237
Registration Number 029237
Incorporation Date 04 February 1974
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

West Bengal Electronics Industry Development Corpn has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52209WB1974SGC029237, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U52209WB1974SGC029237Current
U31103WB1974PLC029237Previous
U31103WB1974SGC029237Previous

Contact details

West Bengal Electronics Industry Development Corpn Ltd's registered office is in Kolkata, West Bengal. Its website is webel.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Webel Bhavan Block Ep&Gp Salt Lake Bidhannagar, Kolkata, West Bengal, India – 700091
  • Industry
    Infrastructure and Utilities, Infrastructure Project Management, General Construction Services

To see the full contact details of West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Comprehensive company report
West Bengal Electronics Industry Development Corpn Ltd - 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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Brands

West Bengal Electronics Industry Development Corpn operates one associated brand: Webel. Each brand links to its own profile.

BrandDescriptionWebsite
Multi-channel services in education, internet, and medical equipment are delivered.webel.in

Business activity

The main business activity of West Bengal Electronics Industry Development Corpn is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Financials of West Bengal Electronics Industry Development Corpn Ltd

FY 2024 filings available

West Bengal Electronics Industry Development Corpn Ltd reported revenue of ₹510.42 Cr (down 11% YoY) for FY 2025.

Revenue · FY 2025
₹510.42 Cr ▼ 11%
Net profit · FY 2025
₹13.99 Cr margin 2.7%
EBITDA · FY 2025
₹22.17 Cr margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 22%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 40%
5 years · compounded
▲ 1%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. 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

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₹22.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.99 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 Margin4.3%
Net Profit Margin2.7%
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 West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Board of directors and KMP of West Bengal Electronics Industry Development Corpn Ltd

West Bengal Electronics Industry Development Corpn Ltd currently reports 10 directors and 1 key managerial person. 43 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Shekhar ChaudhuriDirector05 Jun 201511 Years 4 MonthsCurrent
Ajoyendra MukherjeeNominee Director04 Mar 200521 Years 7 MonthsCurrent
Somobrata DuttaDirector18 Sep 201016 Years 1 MonthsCurrent
Sonali Datta RayDirector21 Jul 20251 Years 3 MonthsCurrent
Sanjay Kumar DasManaging Director01 Jun 20233 Years 4 MonthsCurrent
Anand Kumar JhaCompany Secretary12 Sep 20224 Years 1 MonthsCurrent
Showing 6 of 11 current directors and KMP. View all directors and KMP

Auditor

West Bengal Electronics Industry Development Corpn Ltd is audited by BAS & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BAS & CO LLPFY 2023323347E/E300008)

Shareholding

The shareholding of West Bengal Electronics Industry Development Corpn Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹19.95 Cr
Breakdown by lending institutions
Axis Bank Limited₹14.00 Cr
West Bengal Electronics Industry Development Corpn Ltd₹3.55 Cr
State Bank of Mysore₹2.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 201110274113West Bengal Electronics Industry Development Corpn Ltd₹3.55 CrSatisfied
12 Feb 200910149199Axis Bank Limited₹2 CrSatisfied
28 Mar 200810097242Axis Bank Limited₹12 CrSatisfied
17 Mar 200590252433State Bank of Mysore₹2.4 CrSatisfied

To see the full charge records of West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Total charge records: 4 View all charges

Deals & funding

West Bengal Electronics Industry Development Corpn Ltd has 3 deals on record (3 funding rounds), with disclosed funding of ₹38.25 Cr; the latest was in June 2020.

Total deals
3
Funding rounds
3
Disclosed funding
₹38.25 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Jun 2020Funding round₹1.78 CrInvestors: an individual
Apr 2018Funding round₹5.33 CrInvestors: an individual
Nov 2015Funding round₹31.15 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

West Bengal Electronics Industry Development Corpn Ltd has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 16 overdue payments to 15 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 15)

SupplierAmount dueDue sinceReported on
an individual supplier
Albatross Software Services Pvt Ltd
Score Information Technologies Limited
Starlight Management & Manpower Solution Private Limited
an individual supplier

To see the full MSME payment records of West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

West Bengal Electronics Industry Development Corpn Ltd has a workforce of 219 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
219
Active EPFO establishments
1
Employee growth
-3.52%

GST

West Bengal Electronics Industry Development Corpn has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AAACW2411Q1Z1West BengalActive01 Jul 2017

To see the full GST registrations and return filing status of West Bengal Electronics Industry Development Corpn Ltd, buy the company report.

Recent activity

West Bengal Electronics Industry Development Corpn Ltd has 52 board changes on record since 2005: 11 appointments and 41 cessations. The latest: Sonali Datta Ray ceased to be Additional Director on 29 Dec 2025.

Ceased
Sonali Datta Ray ceased to be Additional Director.
Appointed
Sonali Datta Ray was appointed as Director.
Ceased
Sanjay Kumar Das ceased to be Managing Director.
Appointed
Sumant Sahay was appointed as Managing Director.
AGM
West Bengal Electronics Industry Development Corpn Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Sutirtha Bhattacharya ceased to be Additional Director.
Appointed
Sutirtha Bhattacharya was appointed as Director.
Ceased
Alapan Bandyopadhyay ceased to be Additional Director.
Filing
West Bengal Electronics Industry Development Corpn Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Ceased
Samar Jha ceased to be Director.
Appointed
Sanjay Kumar Das was appointed as Managing Director.
Ceased
Randhir Kumar ceased to be Managing Director.

52 earlier events are in the company report.

Frequently asked questions

West Bengal Electronics Industry Development Corpn is an active public limited state government company based in Kolkata, West Bengal, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 04 February 1974 (52+ years old) and is registered under CIN U52209WB1974SGC029237.

West Bengal Electronics Industry Development Corpn has 11 current directors and KMP:

The latest financial statements of West Bengal Electronics Industry Development Corpn on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of West Bengal Electronics Industry Development Corpn is 19AAACW2411Q1Z1, registered in West Bengal.

The CIN (Corporate Identification Number) of West Bengal Electronics Industry Development Corpn is U52209WB1974SGC029237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

West Bengal Electronics Industry Development Corpn has 21 court cases on record: 9 filed by the company and 12 filed against it. 9 are pending. Most are in the district courts.

West Bengal Electronics Industry Development Corpn was incorporated on 04 February 1974, making it 52+ years old. It is registered with the Registrar of Companies, Kolkata.

West Bengal Electronics Industry Development Corpn has 3 deals on record (3 funding rounds), with disclosed funding of ₹38.25 Cr; the latest was in June 2020.

Sonali Datta Ray ceased to be Additional Director on 29 Dec 2025. Sonali Datta Ray was appointed as Director on 21 Jul 2025. Sanjay Kumar Das ceased to be Managing Director on 23 Dec 2024. West Bengal Electronics Industry Development Corpn has 52 board changes on record in total.

West Bengal Electronics Industry Development Corpn has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 16 overdue payments to 15 micro and small suppliers. The latest return was filed on 09 Jun 2019.

West Bengal Electronics Industry Development Corpn can be reached through the website webel.in. Its registered office is in Kolkata, West Bengal, India.