Westvood Industries Private Limited
About Westvood Industries Private Limited
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Westvood Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 09 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC274074. Its GSTIN is 27AABCW7859F2ZV (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Fakhruddin Anwarali Jam and Safri Husain Asgerali.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at L.B.S. Marg Nr Kurla Court New Agra Road Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.64 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹13,849 (net margin 0%) and EBITDA of ₹90,821 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 46% over five years.
Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Westvood Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressL.B.S. Marg Nr Kurla Court New Agra Road Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Westvood Industries 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 Westvood Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Westvood Industries Private Limited, buy the company report.
Financials of Westvood Industries Private Limited
FY 2023 filings availableWestvood Industries Private Limited reported revenue of ₹3.64 Cr (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA rose 104% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹90,821 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13,849 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Westvood Industries Private Limited, buy the company report.
Board of directors of Westvood Industries Private Limited
Westvood Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fakhruddin Anwarali Jam | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
| Safri Husain Asgerali Also directs: Ejis Porcelanico LLP | Director | 18 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Westvood Industries Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mora Sales (India) Pvt. Ltd. | ₹3.76 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| Kusum Holdings Private Limited | ₹3.72 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Payal International Limited | ₹3.7 Cr (FY 2024) | -26.0% | New Delhi, Delhi, India | |||
| Bansal Rugs Private Limited | ₹3.68 Cr (FY 2025) | -20.0% | Agra, Uttar Pradesh, India | |||
| Shri Balaji Handlooms Private Limited | ₹3.65 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| Westvood Industries Private Limitedthis company | ₹3.64 Cr (FY 2023) | ₹13,849 | 0% | -23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Westvood Industries Private Limited, buy the company report.
Auditor
Westvood Industries Private Limited is audited by NDVR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NDVR & CO | FY 2023 | 129166W |
Shareholding
The shareholding of Westvood Industries 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 Westvood Industries Private Limited, buy the company report.
Legal cases
Westvood Industries Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Criminal miscellaneous application | Filed against the company by M/S Kandla Sagarmala Tranship Pvt Ltd THR. Harikrushn Karsanbhai Bhanderi | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Transnational Shipping India Pvt. Ltd. Through Yogesh Ramesh Abhichandani | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Transnational Shipping India Pvt. Ltd. Through Yogesh Ramesh Abhichandani | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Ravi Savjibhai Aghara Director of Suncore Tiles Pvt Ltd C.A. - 29,65,571 | Disposed |
To see the full case history of Westvood Industries 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 Westvood Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Westvood Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW7859F2ZV | Maharashtra | Active | 30 Aug 2017 |
| 24AABCW7859F1Z2 | Gujarat | Active | 10 Jul 2018 |
To see the full GST registrations and return filing status of Westvood Industries Private Limited, buy the company report.
Recent activity
Westvood Industries Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Fakhruddin Anwarali Jam ceased to be Additional Director on 29 Dec 2020.
Frequently asked questions
Westvood Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 09 March 2016 (10+ years old) and is registered under CIN U74900MH2016PTC274074.
Westvood Industries has 2 current directors:
- Fakhruddin Anwarali Jam - Director
- Safri Husain Asgerali - Director
The latest financial statements of Westvood Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Westvood Industries is 27AABCW7859F2ZV, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCW7859F1Z2 (Gujarat).
The CIN (Corporate Identification Number) of Westvood Industries is U74900MH2016PTC274074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westvood Industries has 6 court cases on record: 6 filed against it. 2 are pending.
Westvood Industries was incorporated on 09 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Westvood Industries by revenue are Mora Sales (India) Pvt. Ltd, Kusum Holdings Private Limited, Payal International Limited, Bansal Rugs Private Limited, Shri Balaji Handlooms Private Limited, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Fakhruddin Anwarali Jam ceased to be Additional Director on 29 Dec 2020. Fakhruddin Anwarali Jam was appointed as Director on 07 Jan 2020. Sneha Chaudhary ceased to be Additional Director on 07 Jan 2020. Westvood Industries has 7 board changes on record in total.
The registered office of Westvood Industries is at L.B.S. Marg Nr Kurla Court New Agra Road Kurla West, Mumbai, Maharashtra, India – 400070.
Westvood Industries operates in the home and lifestyle industry, in the home furnishings and accessories retail segment.
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