About Westtek Enterprises Private Limited
Data last updated:
Westtek Enterprises Private Limited was a private limited company based in Manipal, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 01 September 1973.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U22219KA1973PTC002395. Its GSTIN is 29AABCH7877E1Z7 (Karnataka).
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.8 Cr. It was formerly known as Manipal Wanich Cards Private Limited and Manipal Enterprises Private Limited. It was led by directors Sagar Mukhopadhyay and Kalsank Kini Umesh.
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 was at Udayavani Building Presscorner Manipal, Karnataka, India – 576104.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.5 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹90.07 Lakh (net margin 1.5%) and EBITDA of ₹2.51 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years and 69% over five years.
The company had about 85 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Westtek Enterprises. As per MCA filings, the company had satisfied charges of ₹8 Cr on record. Court records list 24 cases involving the company, including 20 filed by the company and 4 filed against it; 7 cases are pending.
The last known website on record is westtek.info.
Company details
Name history
Westtek Enterprises has undergone 4 name changes throughout its history. The current legal name is Westtek Enterprises Private Limited.
| Company Name | Status |
|---|---|
| Westtek Enterprises Private Limited | Current |
| Manipal Wanich Cards Private Limited | Previous |
| Manipal Enterprises Private Limited | Previous |
| Hosali Press Private Limited | Previous |
| Manipal Chan Wanich Cards Private Limited | Previous |
CIN history
Westtek Enterprises has one previous CIN (Corporate Identification Number): U28910KA1973PTC002395. The current CIN is U22219KA1973PTC002395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22219KA1973PTC002395 | Current |
| U28910KA1973PTC002395 | Previous |
Contact details
Westtek Enterprises Private Limited's registered office is in Manipal, Karnataka. Its website is westtek.info. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUdayavani Building Presscorner Manipal, Karnataka, India – 576104
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Westtek Enterprises 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
Brands
Westtek Enterprises operates one associated brand: Westtek Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of printing inks and coatings for commercial and security applications. | westtek.info |
Business activity
The main business activity of Westtek Enterprises is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and repair & installation of machinery & equipment, motor vehicles. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Westtek Enterprises Private Limited, buy the company report.
Financials of Westtek Enterprises Private Limited
FY 2024 filings availableWesttek Enterprises Private Limited reported revenue of ₹60.5 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 23% growth in the latest year. EBITDA rose 138% 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 | ₹60.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹90.07 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Westtek Enterprises Private Limited, buy the company report.
Board of directors of Westtek Enterprises Private Limited
Westtek Enterprises has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Mukhopadhyay Also directs: Manipal Technologies Limited, Manipal Media Network Limited, Manipal Press Private Limited and 3 more | Director | 06 Mar 2013 | 13 Years 7 Months | As last reported |
| Kalsank Kini Umesh Also directs: Icds Limited, Manipal Thomas Greg Press Private Limited, Primacy Industries Private Limited and 5 more | Director | 06 Jul 2020 | 6 Years 3 Months | As last reported |
Peer comparison
Westtek Enterprises Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedant Dyestuffs Intermediates Private Limited | ₹62.97 Cr (FY 2025) | 104.0% | Mumbai, Maharashtra, India | |||
| Seiko Advance (India) Private Limited | ₹61.11 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Vyankatesh Udyog (India) Private Limited | ₹60.73 Cr (FY 2025) | 6.0% | Nagpur, Maharashtra, India | |||
| Harsh Organo-Chem (India) Private Limited | ₹60.72 Cr (FY 2022) | 6.0% | Gujarat, India | |||
| Westtek Enterprises Private Limitedthis company | ₹60.5 Cr (FY 2024) | ₹90.07 Lakh | 1.5% | 23.0% | 85 | Manipal, Karnataka, India |
| Vanvid Chemicals Private Limited | ₹59.73 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Sarisons Shoe Tech Private Limited | ₹58.69 Cr (FY 2024) | -36.0% | Vellore, Tamil Nadu, India |
To see the full peer comparison of Westtek Enterprises Private Limited, buy the company report.
Auditor
Westtek Enterprises Private Limited is audited by Kamath and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamath and Associates | FY 2024 | 018261S |
Shareholding
The shareholding of Westtek Enterprises Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Westtek Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2009 | 10172241 | Corporation Bank | ₹8 Cr | Satisfied |
To see the full charge records of Westtek Enterprises Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Westtek Enterprises Private Limited has 24 court cases on record: 20 filed by Westtek Enterprises, 4 filed against it. 7 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 2 | 6 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against M/S Shambala Value Systems Pvt Ltd., and 2 others | Disposed |
| District court, UDUPI, Karnataka | Civil suit | Filed against the company by M/S Manipal Technologies Ltd., Manipal, Rep. by Its Gpa Holder Sathish Rao | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Manipal Global Services Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Colours and Chemicals | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against M/S the Print Promotion, Noida | Pending |
To see the full case history of Westtek Enterprises 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
Westtek Enterprises Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 7 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Westtek Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Westtek Enterprises Private Limited has a workforce of 85 employees on its EPFO records as of Nov 04, 2025, across 1 active EPFO establishment.
GST
Westtek Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH7877E1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Westtek Enterprises Private Limited, buy the company report.
Recent activity
Westtek Enterprises Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Kalsank Kini Umesh ceased to be Additional Director on 31 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Westtek Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Westtek Enterprises was a private limited company based in Manipal, Karnataka, India. The company worked in dyes and pigments, within the chemicals and materials industry. It was incorporated on 01 September 1973 and is registered under CIN U22219KA1973PTC002395. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Westtek Enterprises was incorporated on 01 September 1973. It is registered with the Registrar of Companies, Bangalore.
Westtek Enterprises had 2 directors:
- Sagar Mukhopadhyay - Director
- Kalsank Kini Umesh - Director
The CIN (Corporate Identification Number) of Westtek Enterprises is U22219KA1973PTC002395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Westtek Enterprises is at Udayavani Building Presscorner Manipal, Karnataka, India – 576104.
Westtek Enterprises can be reached through the website westtek.info. Its registered office is in Manipal, Karnataka, India.
The latest financial statements of Westtek Enterprises 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 Westtek Enterprises is 29AABCH7877E1Z7, registered in Karnataka.
Westtek Enterprises operated in the chemicals and materials industry, in the dyes and pigments segment.
The peers of Westtek Enterprises by revenue are Vedant Dyestuffs Intermediates Private Limited, Seiko Advance (India) Private Limited, Vyankatesh Udyog (India) Private Limited, Harsh Organo-Chem (India) Private Limited, Vanvid Chemicals Private Limited and 1 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Westtek Enterprises has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 19 Oct 2022.