MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0025015
Western Rubbers India Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.29 Cr
▼ 30% YoY
Net loss · FY 2024
₹3,708.01 Cr
Latest filing
EBITDA · FY 2024
-₹3,706.71 Cr
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.34 Cr
Satisfied ₹3.9 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
91
Provident fund records
About Western Rubbers India Private Limited
Data last updated:
Western Rubbers India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 16 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH2004PTC145737. Its GSTIN is 27AAACW5233E1ZJ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jainam Ketan Shah and Ketan Kanaiyalal Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.29 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹3,708.01 Cr and EBITDA of -₹3,706.71 Cr. Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 12% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.34 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Western Rubbers India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0025015). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website westernrubbers.com.
Company details
CIN U25190MH2004PTC145737
Registration Number 145737
Incorporation Date 16 April 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0025015
Recognitions & Rankings of Western Rubbers India
Contact details
Western Rubbers India Private Limited's registered office is in Mumbai, Maharashtra. Its website is westernrubbers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 1012 Cabin 2 10th Floor 72 Corp Sakivihar Road, Sakinaka Junction Near Petrol Pump Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Western Rubbers India Private Limited, buy the company report.
Comprehensive company report
Western Rubbers India 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 activity of Western Rubbers India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Western Rubbers India Private Limited, buy the company report.
Financials of Western Rubbers India Private Limited
FY 2025 filings availableWestern Rubbers India Private Limited reported revenue of ₹17.29 Cr (down 30% YoY) for FY 2024.
Revenue · FY 2024
₹17.29 Cr ▼ 30%
Net loss · FY 2024
₹3,708.01 Cr
EBITDA · FY 2024
-₹3,706.71 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 17%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 29%
5 years · compounded
▼ 461%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 29% 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 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 | -₹3,706.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3,708.01 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Rubbers India Private Limited, buy the company report.
Board of directors of Western Rubbers India Private Limited
Western Rubbers India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jainam Ketan Shah Also directs: Purple Panda Baby Private Limited | Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Ketan Kanaiyalal Shah | Director | 16 Apr 2004 | 22 Years 6 Months | Current |
| Nipa Ketan Shah | Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Aneri Ketan Shah Also directs: Purple Panda Baby Private Limited | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
| Nidhi Shah | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Western Rubbers India Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Horiaki India Private Limited | ₹17.62 Cr (FY 2025) | -4.0% | Tambaram, Chennai. 600 045, Tamil Nadu, India | |||
| Kapra Rubber Flooring Private Limited | ₹17.59 Cr (FY 2024) | 1252.0% | Mehsana, Gujarat, India | |||
| Sig-Net Rubber (India) Private Limited | ₹17.3 Cr (FY 2025) | 5.0% | Indore, Madhya Pradesh, India | |||
| Western Rubbers India Private Limitedthis company | ₹17.29 Cr (FY 2024) | -₹3,708.01 Cr | -30.0% | 91 | Mumbai, Maharashtra, India | |
| Primax Engineers Private Limited | ₹16.95 Cr (FY 2024) | -8.0% | Vadodara, Gujarat, India | |||
| Jain Transmission (I) Private Limited | ₹16.87 Cr (FY 2024) | -4.0% | Indore, Madhya Pradesh, India | |||
| Satindar Pal Rubber Products Private Limited | ₹16.86 Cr (FY 2025) | -6.0% | Valsad, Gujarat, India |
To see the full peer comparison of Western Rubbers India Private Limited, buy the company report.
Auditor
Western Rubbers India Private Limited is audited by ASB& Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASB& Associates | FY 2023 | 134676W |
Shareholding
The shareholding of Western Rubbers India 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 Rubbers India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.34 Cr
Satisfied charges
₹3.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2024 | 100990176 | Sidbi | ₹1.16 Cr | Open | |
| 31 Dec 2023 | 100900319 | Others | ₹27.99 Lakh | Open | |
| 22 Feb 2022 | 100538592 | Others | ₹3 Cr | Open | |
| 21 Nov 2020 | 100393476 | Others | ₹1.9 Cr | Open | |
| 21 Nov 2020 | 100393470 | Others | ₹3.5 Cr | Satisfied |
To see the full charge records of Western Rubbers India Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Western Rubbers India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Maharashtra State Road Development Corporation Through Its Authorized Representative Opp. Bandra Reclamation Depot, Near Lialavati Hospital, K.C. Road, Bandra West ,Mumbai , Maharashtra | Disposed |
To see the full case history of Western Rubbers India 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 Rubbers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Western Rubbers India Private Limited has a workforce of 91 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
91
Active EPFO establishments
1
Employee growth
30%
GST
Western Rubbers India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW5233E1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Western Rubbers India Private Limited, buy the company report.
Recent activity
Western Rubbers India Private Limited has 9 board changes on record since 2004: 7 appointments and 2 cessations. The latest: Aneri Ketan Shah was appointed as Director on 25 Feb 2021.
AGM
Western Rubbers India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Western Rubbers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Sidbi amounted to Rs. 116.00 Lakh with Charge ID 100990176 was registered on 09 Oct 2024.
Charges
A charge with Others amounted to Rs. 27.99 Lakh with Charge ID 100900319 was registered on 31 Dec 2023.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 22 Feb 2022 with Charge ID 100538592 was modified on 24 Jun 2022.
Charges
A charge with Others of Rs. 190.00 Lakh registered on 21 Nov 2020 with Charge ID 100393476 was modified on 24 Jun 2022.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100538592 was registered on 22 Feb 2022.
Charges
A charge registered on 21 Nov 2020 via Charge ID 100393470 with Others was fully satisfied on 18 Feb 2022.
Appointed
Aneri Ketan Shah was appointed as Director.
Appointed
Nidhi Shah was appointed as Director.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 21 Nov 2020 with Charge ID 100393470 was modified on 13 Jan 2021.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 100393470 was registered on 21 Nov 2020.
11 earlier events are in the company report.
Frequently asked questions
Western Rubbers India is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 16 April 2004 (22+ years old) and is registered under CIN U25190MH2004PTC145737.
Western Rubbers India has 5 current directors:
- Jainam Ketan Shah - Director
- Ketan Kanaiyalal Shah - Director
- Nipa Ketan Shah - Director
- Aneri Ketan Shah - Director
- Nidhi Shah - Director
The latest financial statements of Western Rubbers India 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 Western Rubbers India is 27AAACW5233E1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Western Rubbers India is U25190MH2004PTC145737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Western Rubbers India has 1 court case on record: 1 filed against it.
Western Rubbers India was incorporated on 16 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Western Rubbers India by revenue are Horiaki India Private Limited, Kapra Rubber Flooring Private Limited, Sig-Net Rubber (India) Private Limited, Primax Engineers Private Limited, Jain Transmission (I) Private Limited and 1 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Aneri Ketan Shah was appointed as Director on 25 Feb 2021. Nidhi Shah was appointed as Director on 25 Feb 2021. Jainam Ketan Shah was appointed as Director on 15 Jun 2015. Western Rubbers India has 9 board changes on record in total.
Yes, Western Rubbers India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0025015).
Western Rubbers India can be reached through the website westernrubbers.com. Its registered office is in Mumbai, Maharashtra, India.
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