About Western Refrigeration Private Limited
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Western Refrigeration Private Limited is a private limited company based in Silvassa, Dadra And Nagar Haveli, India, a subsidiary of Hoshizaki Corporation Ltd.. It operates in the white goods retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 August 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29191DN1972PTC000456. Its GSTIN is 03AAACW0012H1Z4 (Punjab). The company holds 26 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹6.02 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Western Refrigeration Limited. It is led by directors including Harmeet Singh Bhupender Singh Machre (Managing Director) and Parmeet Singh Bhupinder Singh Machre (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 174/1 Kanadi Road Naroli Village Silvasa Union Territory Of Dadra & Naga, R Haveli, Silvassa, Dadra and Nagar Haveli, India – 396235.
As per the financials filed for FY 2026, the company reported a revenue of ₹3,097.76 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹502.88 Cr (net margin 16.2%) and EBITDA of ₹735.97 Cr (EBITDA margin 23.8%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 32% over five years.
The company has about 952 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.92 Lakh and satisfied charges of ₹423.6 Cr on record. Court records list 49 cases involving the company, including 22 filed by the company and 27 filed against it; 9 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.05 Cr; the latest was in July 2025. Its 5 peer companies in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Amber Enterprises India Limited with revenue of ₹10,047 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 50 overdue payments to 7 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 westernequipments.com.
Company details
CIN history
Western Refrigeration has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29191DN1972PTC000456, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29191DN1972PTC000456 | Current |
| U29191DN1972PTC000455 | Previous |
| U29191MH1972PTC015935 | Previous |
Contact details
Western Refrigeration Private Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is westernequipments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 174/1 Kanadi Road Naroli Village Silvasa Union Territory Of Dadra & Naga, R Haveli, Silvassa, Dadra and Nagar Haveli, India – 396235
- IndustryConsumer Electronics & Durables, White Goods Retail & Distribution
To see the full contact details of Western Refrigeration 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 Refrigeration is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Western Refrigeration Private Limited, buy the company report.
Financials of Western Refrigeration Private Limited
FY 2025 filings availableWestern Refrigeration Private Limited reported revenue of ₹3,097.76 Cr (up 21% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 21% growth in the latest year. EBITDA rose 24% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹735.97 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹502.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | 16.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Western Refrigeration Private Limited, buy the company report.
Board of directors of Western Refrigeration Private Limited
Western Refrigeration has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tatsuya Sadao Hirano | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Harmeet Singh Bhupender Singh Machre | Managing Director | 28 Mar 2009 | 17 Years 7 Months | Current |
| Akira Kamiya | Director | 23 Jan 2013 | 13 Years 9 Months | Current |
| Parmeet Singh Bhupinder Singh Machre | Whole-Time Director | 15 Dec 1993 | 32 Years 10 Months | Current |
| Norio Hitsuishi | Director | 09 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Western Refrigeration Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amber Enterprises India Limited | ₹10,047 Cr (FY 2025) | 48.0% | Punjab, India | |||
| Whirlpool of India Limited | ₹8,110.16 Cr (FY 2025) | 16.0% | Maharashtra, India | |||
| Western Refrigeration Private Limitedthis company | ₹3,097.76 Cr (FY 2026) | ₹502.88 Cr | 16.2% | 21.0% | 952 | Silvassa, Dadra And Nagar Haveli, India |
| Carrier Airconditioning & Refrigeration Limited | ₹2,543.53 Cr (FY 2025) | 18.0% | Gurgaon, Haryana, India | |||
| Carrier Midea India Private Limited | ₹2,332.68 Cr (FY 2025) | 38.0% | Gurgaon, Haryana, India | |||
| Universal Comfort Products Limited | ₹1,242.64 Cr (FY 2020) | 34.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Western Refrigeration Private Limited, buy the company report.
Auditor
Western Refrigeration Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W0100018 |
Shareholding
The shareholding of Western Refrigeration 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 Western Refrigeration Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 1997 | 90163522 | Mashreq Bank | ₹3.92 Lakh | Open | |
| 26 Oct 2016 | 100061823 | Yes Bank Limited | ₹24 Cr | Satisfied | |
| 30 Jun 2015 | 10582065 | Citi Bank N.A. | ₹35 Cr | Satisfied | |
| 29 Aug 2011 | 10313281 | Idbi Bank Limited | ₹102 Cr | Satisfied | |
| 11 Aug 2009 | 10177292 | Idbi Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Western Refrigeration Private Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Western Refrigeration Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.05 Cr; the latest was in July 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Funding round | ₹10.05 Cr | Investors: 2 individuals |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Hoshizaki Corporation Limited Seller: 4 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Harmeet Singh B Machre Huf, Parmeet Singh B Machre Huf |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: Hoshizaki Corporation Limited Seller: 4 individuals |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Hoshizaki Corporation Limited Seller: 4 individuals |
To see the full deal history of Western Refrigeration Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Western Refrigeration Private Limited has 49 court cases on record: 22 filed by Western Refrigeration, 27 filed against it. 9 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 20 | 5 |
| High courts | 13 | 6 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed against the company by Ms. Mathure Metal Works Pvt. Ltd. and Ors. Markand Gandhi and Co and 3 others | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Mathure Metal Works Pvt Ltd and 4 | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss Case SW) | Filed by the company against M/S. Vaccurate Management Services Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Ambikaa Dairyland and Rich Foods Pvt. Ltd. | Disposed |
| District court, South Goa, Goa | Civil suit | Filed against the company by Ms. Marpol Pvt. Ltd. | Disposed |
To see the full case history of Western Refrigeration 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.
Credit ratings & regulatory alerts
Western Refrigeration Private Limited was last rated by Icra on 06 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Jan 2021 |
To see the full credit ratings and regulatory alerts of Western Refrigeration Private Limited, buy the company report.
MSME payment delays
Western Refrigeration Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 50 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Samarth Enterprises | |||
| Nilesh Enterises | |||
| Primary Solutions |
To see the full MSME payment records of Western Refrigeration Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Western Refrigeration Private Limited has a workforce of 952 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Western Refrigeration has 26 GST registrations: 23 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACW0012H1Z4 | Punjab | Active | 01 Jul 2017 |
| 04AAACW0012H1Z2 | Chandigarh | Active | 01 Jul 2017 |
| 07AAACW0012H1ZW | Delhi | Active | 01 Jul 2017 |
| 08AAACW0012H1ZU | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Western Refrigeration Private Limited, buy the company report.
Recent activity
Western Refrigeration Private Limited has 15 board changes on record since 1972: 10 appointments and 5 cessations. The latest: Norio Hitsuishi was appointed as Director on 09 May 2025.
88 earlier events are in the company report.
Frequently asked questions
Western Refrigeration is an active private limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in white goods retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 August 1972 (54+ years old) and is registered under CIN U29191DN1972PTC000456.
Western Refrigeration has 5 current directors:
- Harmeet Singh Bhupender Singh Machre - Managing Director
- Parmeet Singh Bhupinder Singh Machre - Whole-Time Director
- Tatsuya Sadao Hirano - Director
- Akira Kamiya - Director
- Norio Hitsuishi - Director
The latest financial statements of Western Refrigeration on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Western Refrigeration is 03AAACW0012H1Z4, registered in Punjab. The company has 26 GST registrations in all, of which 23 are active and 3 are cancelled or inactive. Other active GSTINs include 04AAACW0012H1Z2 (Chandigarh), 07AAACW0012H1ZW (Delhi), 08AAACW0012H1ZU (Rajasthan).
The CIN (Corporate Identification Number) of Western Refrigeration is U29191DN1972PTC000456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Western Refrigeration has 49 court cases on record: 22 filed by the company and 27 filed against it. 9 are pending. Most are in the district courts.
Western Refrigeration was incorporated on 09 August 1972, making it 54+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Western Refrigeration has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹60.05 Cr; the latest was in July 2025.
The peers of Western Refrigeration by revenue are Amber Enterprises India Limited, Whirlpool of India Limited, Carrier Airconditioning & Refrigeration Limited, Carrier Midea India Private Limited, Universal Comfort Products Limited, all in the Consumer Durables industry (White Goods), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Norio Hitsuishi was appointed as Director on 09 May 2025. Toshiki Agata ceased to be Director on 09 May 2025. Toshiki Agata was appointed as Director on 01 Apr 2022. Western Refrigeration has 15 board changes on record in total.
Western Refrigeration has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 50 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Western Refrigeration can be reached through the website westernequipments.com. Its registered office is in Silvassa, Dadra And Nagar Haveli, India.