About Westway Electronics Limited
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Westway Electronics Limited is a public limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC061330. Its GSTIN is 09AAACW0720C1ZV (Uttar Pradesh). The company holds 15 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It was formerly known as Westway Leasing & Finance Limited. It is led by directors including Amit Maini and Inder Pal Oberai.
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 R – 73 Ground Floor Greater Kailash Part – 1, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹407.03 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.35 Cr (net margin 0.8%) and EBITDA of ₹12.86 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Westway and Westway Electronics. As per MCA filings, the company has open charges of ₹92.41 Cr and satisfied charges of ₹64.96 Cr on record. Court records list 24 cases involving the company, including 20 filed by the company and 4 filed against it; 15 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.3 Cr; the latest was in March 2010. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing, Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Marc Enterprises Pvt Ltd with revenue of ₹418.55 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website westwayelectronics.com.
Company details
Contact details
Westway Electronics Limited's registered office is in New Delhi, Delhi. Its website is westwayelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressR – 73 Ground Floor Greater Kailash Part – 1, New Delhi, Delhi, India – 110048
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Westway Electronics 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
Westway Electronics operates two associated brands: Westway and Westway Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells TVs, washing machines, and home appliances in India. | westway.co.in | |
| LED TV, plastic molding, and PCB manufacturing services are provided. | westwayelectronics.com |
Business activity
The main business activity of Westway Electronics 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 Westway Electronics Limited, buy the company report.
Financials of Westway Electronics Limited
FY 2025 filings availableWestway Electronics Limited reported revenue of ₹407.03 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.86 Cr | ||||
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| Net Profit (PAT) | ₹3.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Westway Electronics Limited, buy the company report.
Board of directors of Westway Electronics Limited
Westway Electronics has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Maini Also directs: K Shoes LLP, Westway Innovations Private Limited | Director | 01 Mar 2005 | 21 Years 7 Months | Current |
| Inder Pal Oberai | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Sumit Maini Also directs: Build Strong Victory Foundation, K Shoes LLP, Westway Innovations Private Limited and 1 more | Director | 01 Mar 2005 | 21 Years 7 Months | Current |
| Rajender Maini | Director | 29 Aug 2001 | 25 Years 2 Months | Current |
Peer comparison
Westway Electronics Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Electronic Equipment and Components Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Marc Enterprises Pvt Ltd | ₹418.55 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Westway Electronics Limitedthis company | ₹407.03 Cr (FY 2025) | ₹3.35 Cr | 0.8% | -4.0% | 59 | New Delhi, Delhi, India |
| Inyantra Technologies Private Limited | ₹405.47 Cr (FY 2025) | 33.0% | Shirval, Maharashtra, India | |||
| Shogini Technoarts Pvt Ltd | ₹402.4 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India |
To see the full peer comparison of Westway Electronics Limited, buy the company report.
Auditor
Westway Electronics Limited is audited by A. TANEJA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. TANEJA & CO | FY 2024 | 021210N |
Shareholding
The shareholding of Westway Electronics 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 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Westway Electronics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101099884 | Hdfc Bank Limited | ₹22.1 Lakh | Open | |
| 28 Feb 2025 | 101063983 | Yes Bank Limited | ₹1.04 Cr | Open | |
| 29 Aug 2024 | 100998684 | Yes Bank Limited | ₹51.1 Lakh | Open | |
| 31 May 2024 | 100941119 | The Hongkong and Shanghai Banking Corporation Limited | ₹4 Cr | Open | |
| 31 May 2024 | 100941115 | The Hongkong and Shanghai Banking Corporation Limited | ₹14 Cr | Open |
To see the full charge records of Westway Electronics Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Westway Electronics Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.3 Cr; the latest was in March 2010.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ritu Mercantile Private Limited, Sharman Estates Private Limited, an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sharman Estates Private Limited, High - Speed Commercials Private Limited, an individual |
| Mar 2009 | Funding round | ₹1 Cr | Investors: Sharman Estates Private Limited, High - Speed Commercials Private Limited, Ritu Mercantile Private Limited |
| Jan 2009 | Funding round | ₹30 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Westway Electronics Limited has 24 court cases on record: 20 filed by Westway Electronics, 4 filed against it. 15 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 4 | 15 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Laxmi Enterprises Through Its Partner Gaurav Seth | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Pending |
To see the full case history of Westway Electronics 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 Westway Electronics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Westway Electronics Limited has a workforce of 59 employees on its EPFO records as of Mar 13, 2025, across 1 active EPFO establishment.
GST
Westway Electronics has 15 GST registrations: 2 active and 13 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACW0720C1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAACW0720C2ZU | Uttar Pradesh | Active | 30 Aug 2019 |
To see the full GST registrations and return filing status of Westway Electronics Limited, buy the company report.
Recent activity
Westway Electronics Limited has 9 board changes on record since 2001: 5 appointments and 4 cessations. The latest: Shushma Maini ceased to be Additional Director on 29 Sep 2024.
29 earlier events are in the company report.
News
Frequently asked questions
Westway Electronics is an active public limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 September 1994 (32+ years old) and is registered under CIN U74899DL1994PLC061330.
Westway Electronics has 4 current directors:
- Amit Maini - Director
- Inder Pal Oberai - Director
- Sumit Maini - Director
- Rajender Maini - Director
The latest financial statements of Westway Electronics 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 Westway Electronics is 09AAACW0720C1ZV, registered in Uttar Pradesh. The company has 15 GST registrations in all, of which 2 are active and 13 are cancelled or inactive. Other active GSTINs include 09AAACW0720C2ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Westway Electronics is U74899DL1994PLC061330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westway Electronics has 24 court cases on record: 20 filed by the company and 4 filed against it. 15 are pending.
Westway Electronics was incorporated on 07 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Westway Electronics has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.3 Cr; the latest was in March 2010.
The peers of Westway Electronics by revenue are Marc Enterprises Pvt Ltd, Inyantra Technologies Private Limited, Shogini Technoarts Pvt Ltd, all in the Consumer Durables industry (Electronic Appliances Manufacturing, Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shushma Maini ceased to be Additional Director on 29 Sep 2024. Shushma Maini was appointed as Director on 10 Sep 2024. Rajender Maini ceased to be Director on 09 Sep 2024. Westway Electronics has 9 board changes on record in total.
Westway Electronics can be reached through the website westwayelectronics.com. Its registered office is in New Delhi, Delhi, India.
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