Westman Overseas Private Limited

Westman Overseas Private Limited - chemicals and materials in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U51900MH1993PTC074515 Incorporated 15 October 1993 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2020
₹26.71 Cr
▲ 15% YoY
Net profit · FY 2020
₹55.36 Lakh
Net margin 2.1%
EBITDA · FY 2020
₹91.81 Lakh
EBITDA margin 3.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.08 Lakh
Issued & subscribed
Satisfied charges
₹10 Lakh
No open charges
Company age
33 yrs
Est. 1993
GST registrations
1
None active

About Westman Overseas Private Limited

Data last updated:

Westman Overseas Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 15 October 1993.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1993PTC074515. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.08 Lakh.

Its last annual general meeting (AGM) was held on 10 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 830 Business Park 9th Floor City Of Joy Jsd Marg Mulund – West, Mumbai, Maharashtra, India – 400080.

As per the financials filed for FY 2020, the company reported a revenue of ₹26.71 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹55.36 Lakh (net margin 2.1%) and EBITDA of ₹91.81 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 27% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.

Company details

CIN U51900MH1993PTC074515
Registration Number 074515
Incorporation Date 15 October 1993
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 10 November 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Contact details

Westman Overseas Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    830 Business Park 9th Floor City Of Joy Jsd Marg Mulund – West, Mumbai, Maharashtra, India – 400080
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Westman Overseas Private Limited, buy the company report.

Comprehensive company report
Westman Overseas 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 Westman Overseas is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Westman Overseas Private Limited, buy the company report.

Financials of Westman Overseas Private Limited

FY 2020 filings available

Westman Overseas Private Limited reported revenue of ₹26.71 Cr (up 15% YoY) for FY 2020.

Revenue · FY 2020
₹26.71 Cr ▲ 15%
Net profit · FY 2020
₹55.36 Lakh margin 2.1%
EBITDA · FY 2020
₹91.81 Lakh margin 3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 36%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 42%
5 years · compounded
▲ 24%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 15% growth in the latest year. EBITDA rose 14% 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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₹91.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹55.36 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin3.4%
Net Profit Margin2.1%
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 Westman Overseas Private Limited, buy the company report.

Board of directors of Westman Overseas Private Limited

Westman Overseas has 3 former directors on record and no current directors listed.

Peer comparison

Westman Overseas Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Excel Fluorochem Private Limited₹26.86 Cr (FY 2025)270.0%Ahmedabad, Gujarat, India
Parshwa Pharma Chem Private Limited₹26.85 Cr (FY 2025)-1.0%Kalyan, Maharashtra, India
Ganesh Distributors Private Limited₹26.81 Cr (FY 2025)-26.0%Uttar Pradesh, India
Westman Overseas Private Limitedthis company₹26.71 Cr (FY 2020)₹55.36 Lakh2.1%15.0%Mumbai, Maharashtra, India
Tyk Polymers Private Limited₹26.69 Cr (FY 2025)11.0%Faridabad, Haryana, India
Kumar World Trade Pvt Ltd₹26.66 Cr (FY 2025)57.0%Vadodara, Gujarat, India

To see the full peer comparison of Westman Overseas Private Limited, buy the company report.

Auditor

Westman Overseas Private Limited is audited by THAR & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
THAR & ASSOCIATESFY 2017110957W

Shareholding

The shareholding of Westman Overseas Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Westman Overseas Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Canara Bank₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Sep 199490228833Canara Bank₹10 LakhSatisfied

To see the full charge records of Westman Overseas Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Westman Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Westman Overseas has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mithila Rasayan Private LimitedU24110MH1991PTC059715

To see the full group structure of Westman Overseas Private Limited, buy the company report.

GST

Westman Overseas has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Westman Overseas Private Limited, buy the company report.

Recent activity

Westman Overseas Private Limited has 3 board changes on record since 2021: 0 appointments and 3 cessations. The latest: Gopalji Jha ceased to be Director on 30 Jun 2021.

Ceased
Gopalji Jha ceased to be Director.
Ceased
Sayli Sanjay Mithbavkar ceased to be Director.
Ceased
Sudha Gopalji Jha ceased to be Director.
AGM
Westman Overseas Private Limited last Annual general meeting of members was held on 10 Nov 2020 as per latest MCA records.
Filing
Westman Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Charges
A charge registered on 27 Sep 1994 via Charge ID 90228833 with Canara Bank was fully satisfied on 05 Mar 2020.
Charges
A charge with Canara Bank of Rs. 10.00 Lakh registered on 27 Sep 1994 with Charge ID 90228833 was modified on 10 Jun 1997.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Lakh with Charge ID 90228833 was registered on 27 Sep 1994.
Incorporation
15 Oct 1993
Westman Overseas Private Limited was registered on 15 Oct 1993 with Roc Mumbai & aged 33 years 23 days as per MCA records.

Frequently asked questions

Westman Overseas has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Westman Overseas was a private limited company based in Mumbai, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 15 October 1993 and is registered under CIN U51900MH1993PTC074515. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Westman Overseas is U51900MH1993PTC074515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Westman Overseas was incorporated on 15 October 1993. It is registered with the Registrar of Companies, Mumbai.

The registered office of Westman Overseas is at 830 Business Park 9th Floor City Of Joy Jsd Marg Mulund – West, Mumbai, Maharashtra, India – 400080.

The latest financial statements of Westman Overseas on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 November 2020. Year-wise statements from 2015 are in the company report.

No. Westman Overseas has 1 GST registration on record and it is cancelled or inactive.

Westman Overseas operated in the chemicals and materials industry, in the chemical distribution and retail segment.

The peers of Westman Overseas by revenue are Excel Fluorochem Private Limited, Parshwa Pharma Chem Private Limited, Ganesh Distributors Private Limited, Tyk Polymers Private Limited, Kumar World Trade Pvt Ltd, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).

Gopalji Jha ceased to be Director on 30 Jun 2021. Sayli Sanjay Mithbavkar ceased to be Director on 30 Jun 2021. Sudha Gopalji Jha ceased to be Director on 30 Jun 2021.

Westman Overseas has no open charges and satisfied charges of ₹10 Lakh as per latest MCA filings.