Western Energetics Private Limited
About Western Energetics Private Limited
Data last updated:
Western Energetics Private Limited is a private limited company based in Bhiwadi, Rajasthan, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 January 1995.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36100RJ1995PTC068644. Its GSTIN is 08AAACW0760E1ZL (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.54 Lakh. It was formerly known as Western Energetics Limited. It is led by directors including Irfan Khan and Prashant Sharma (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop No. – S – 238 Second Floor Sukham Tower Main Road Opp. Modern Public School, Bhiwadi, Rajasthan, India – 301019.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.41 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 0.9%) and EBITDA of ₹32.71 Lakh (EBITDA margin 23.2%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.3 Cr and satisfied charges of ₹7.45 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it.
Company details
CIN history
Western Energetics has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U36100RJ1995PTC068644, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36100RJ1995PTC068644 | Current |
| U74899DL1995PTC064334 | Previous |
| U36100DL1995PTC064334 | Previous |
| U74899DL1995PLC064334 | Previous |
Contact details
Western Energetics Private Limited's registered office is in Bhiwadi, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. – S – 238 Second Floor Sukham Tower Main Road Opp. Modern Public School, Bhiwadi, Rajasthan, India – 301019
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Western Energetics 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
Business activity
The main business activity of Western Energetics is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Western Energetics Private Limited, buy the company report.
Financials of Western Energetics Private Limited
FY 2022 filings availableWestern Energetics Private Limited reported revenue of ₹1.41 Cr (down 82% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 82% fall in the latest year. EBITDA fell 27% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹32.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.2% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Western Energetics Private Limited, buy the company report.
Board of directors of Western Energetics Private Limited
Western Energetics has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irfan Khan | Director | 22 Jun 2018 | 8 Years 4 Months | As last reported |
| Prashant Sharma Also directs: Key Insolvency & Bankruptcy Advisors LLP | Irp/Rp/Liquidator | 11 Dec 2023 | 2 Years 10 Months | As last reported |
| Sadam Husain Also directs: Triwood Private Limited | Director | 21 Apr 2023 | 3 Years 6 Months | As last reported |
Peer comparison
Western Energetics Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JBR Furnitures Private Limited | ₹1.42 Cr (FY 2025) | -39.0% | Kunrathur, Tamil Nadu, India | |||
| Raebareli Eco Industries Private Limited | ₹1.41 Cr (FY 2024) | 50.0% | Raebarely, Uttar Pradesh, India | |||
| Western Energetics Private Limitedthis company | ₹1.41 Cr (FY 2022) | ₹1.21 Lakh | 0.9% | -82.0% | 15 | Bhiwadi, Rajasthan, India |
| Neem Tree Modular Private Limited | ₹1.41 Cr (FY 2025) | 50.0% | Hyderabad, Telangana, India | |||
| Ab's Turnkey Projects Private Limited | ₹1.4 Cr (FY 2024) | 1198.0% | Pune, Maharashtra, India |
To see the full peer comparison of Western Energetics Private Limited, buy the company report.
Auditor
Western Energetics Private Limited is audited by Manish K Goyal & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish K Goyal & Associates | FY 2019 | 031536N |
Shareholding
The shareholding of Western Energetics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Western Energetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2019 | 100314091 | Others | ₹50 Lakh | Open | |
| 06 Feb 2019 | 100238586 | Others | ₹80 Lakh | Open | |
| 30 Mar 2016 | 100033372 | Others | ₹95 Lakh | Satisfied | |
| 19 Sep 2013 | 10457328 | Syndicate Bank | ₹3 Cr | Satisfied | |
| 19 Sep 2013 | 10457330 | Syndicate Bank | ₹3 Cr | Satisfied |
To see the full charge records of Western Energetics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Western Energetics Private Limited has 9 court cases on record: 1 filed by Western Energetics, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed against the company by Neelkanth Enterprises Pvt Ltd | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Queen Decors Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Mr. Irfan Khan Director of Suspended Board of Directors of M/S Western Energetics Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Mr. Irfan Khan Director of Suspended Board of Directors of M/S Western Energetics Pvt Ltd | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Western Energetics 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 Western Energetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Western Energetics Private Limited has a workforce of 15 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Western Energetics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACW0760E1ZL | Rajasthan | Active | 01 Jul 2017 |
| 07AAACW0760E1ZN | Delhi | Active | 27 Sep 2017 |
To see the full GST registrations and return filing status of Western Energetics Private Limited, buy the company report.
Recent activity
Western Energetics Private Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Prashant Sharma was appointed as Irp/Rp/Liquidator on 11 Dec 2023.
17 earlier events are in the company report.
Frequently asked questions
Western Energetics is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Western Energetics is a company under insolvency, formerly operating as a private limited company based in Bhiwadi, Rajasthan, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 January 1995 and is registered under CIN U36100RJ1995PTC068644. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Western Energetics has 3 current directors:
- Irfan Khan - Director
- Sadam Husain - Director
- Prashant Sharma - Irp/Rp/Liquidator
The latest financial statements of Western Energetics on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Western Energetics is U36100RJ1995PTC068644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Western Energetics has open charges of ₹1.3 Cr and satisfied charges of ₹7.45 Cr as per latest MCA filings.
Western Energetics has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.
Western Energetics was incorporated on 13 January 1995. It is registered with the Registrar of Companies, Jaipur.
The peers of Western Energetics by revenue are JBR Furnitures Private Limited, Raebareli Eco Industries Private Limited, Neem Tree Modular Private Limited, Ab's Turnkey Projects Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Prashant Sharma was appointed as Irp/Rp/Liquidator on 11 Dec 2023. Satyendra Prasad Khorania ceased to be Irp/Rp/Liquidator on 11 Dec 2023. Sadam Husain was appointed as Director on 21 Apr 2023. Western Energetics has 15 board changes on record in total.
The registered office of Western Energetics is at Shop No. – S – 238 Second Floor Sukham Tower Main Road Opp. Modern Public School, Bhiwadi, Rajasthan, India – 301019.