Whitecliff Industries Limited
About Whitecliff Industries Limited
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Whitecliff Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 16 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2010PLC325122. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.61 Cr. It was formerly known as Sarogi Industries Limited and Gja Industries Limited. It is led by directors including Rahul Kumar and Prashant Kumar.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 405 P.P Tower Netaji Subhash Place Pitampura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.7 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Lakh (net margin -1.1%) and EBITDA of ₹1.65 Cr (EBITDA margin 97.1%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 47% over five years.
As per MCA filings, the company has satisfied charges of ₹11 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Whitecliff Industries has undergone 5 name changes throughout its history. The current legal name is Whitecliff Industries Limited.
| Company Name | Status |
|---|---|
| Whitecliff Industries Limited | Current |
| Sarogi Industries Limited | Previous |
| Gja Industries Limited | Previous |
| Gaurav Jindal Industries Limited | Previous |
| Enorme Industries Limited | Previous |
| Sahul Industries Limited | Previous |
CIN history
Whitecliff Industries has one previous CIN (Corporate Identification Number): U74999WB2010PLC153059. The current CIN is U74999DL2010PLC325122, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2010PLC325122 | Current |
| U74999WB2010PLC153059 | Previous |
Contact details
Whitecliff Industries Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address405 P.P Tower Netaji Subhash Place Pitampura, New Delhi, Delhi, India – 110034
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Whitecliff Industries 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 Whitecliff 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 Whitecliff Industries Limited, buy the company report.
Financials of Whitecliff Industries Limited
FY 2018 filings availableWhitecliff Industries Limited reported revenue of ₹1.7 Cr (down 93% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 93% fall in the latest year. EBITDA fell 33% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.7 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.89 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.1% | ||||
| Net Profit Margin | -1.1% | ||||
| 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 Whitecliff Industries Limited, buy the company report.
Board of directors of Whitecliff Industries Limited
Whitecliff Industries has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Kumar | Director | 03 Apr 2021 | 5 Years 7 Months | Current |
| Prashant Kumar Also directs: Mona Portfolio Limited | Director | 03 Apr 2021 | 5 Years 7 Months | Current |
| Roshan Sharma | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Whitecliff Industries Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Metal 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 |
|---|---|---|---|---|---|---|
| G. M. Goel Steel Impex Private Limited | ₹44.66 Cr (FY 2023) | 3.0% | New Delhi, Delhi, India | |||
| Saven Engineering Private Limited | ₹44.46 Cr (FY 2025) | -46.0% | Bangalore, Karnataka, India | |||
| Ninja Metals Private Limited | ₹44.41 Cr (FY 2024) | 136.0% | Kolkata, West Bengal, India | |||
| Wellmec Auto Private Limited | ₹44.29 Cr (FY 2025) | 74.0% | Delhi, India | |||
| S.R. Batteries Private Limited | ₹44.19 Cr (FY 2024) | 5.0% | Uttar Pradesh, India | |||
| Anusha Technovision Private Limited | ₹44.1 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Prakash Metallic Private Limited | ₹44.06 Cr (FY 2025) | -16.0% | Raipur, Chhattisgarh, India | |||
| Whitecliff Industries Limitedthis company | ₹1.7 Cr (FY 2020) | -₹1.89 Lakh | -1.1% | -93.0% | New Delhi, Delhi, India |
To see the full peer comparison of Whitecliff Industries Limited, buy the company report.
Auditor
Whitecliff Industries Limited is audited by HITESH VED & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH VED & ASSOCIATES | FY 2018 | 025234N |
Shareholding
The shareholding of Whitecliff Industries Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Whitecliff Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2012 | 10391330 | Punjab & Sind Bank | ₹11 Cr | Satisfied |
To see the full charge records of Whitecliff Industries Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Whitecliff Industries Limited has 7 court cases on record: 5 filed by Whitecliff Industries, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Pratyush Mercantile Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ratna Vyapaar Pvt. Ltd. | Disposed |
| High Court | Company petition | Filed by the company against Ushita Trading & Agencies Limited | Disposed |
| High Court | Company petition | Filed by the company against Raina Vyapaar Private Limited | Disposed |
| High Court | Company petition | Filed by the company against Stardox Vinimay Private Limited | Disposed |
To see the full case history of Whitecliff Industries 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 Whitecliff Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Whitecliff Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Whitecliff Industries Limited, buy the company report.
Recent activity
Whitecliff Industries Limited has 18 board changes on record since 2011: 3 appointments and 15 cessations. The latest: Gaurav Jindal ceased to be Director on 25 Nov 2021.
12 earlier events are in the company report.
Frequently asked questions
Whitecliff Industries is an active public limited company based in New Delhi, Delhi, India. The company works in wholesale, within the trading industry. It was incorporated on 16 September 2010 (16+ years old) and is registered under CIN U74999DL2010PLC325122.
Whitecliff Industries has 3 current directors:
- Rahul Kumar - Director
- Prashant Kumar - Director
- Roshan Sharma - Director
The latest financial statements of Whitecliff Industries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Whitecliff Industries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Whitecliff Industries is U74999DL2010PLC325122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Whitecliff Industries has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the high courts.
Whitecliff Industries was incorporated on 16 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Whitecliff Industries by revenue are G. M. Goel Steel Impex Private Limited, Saven Engineering Private Limited, Ninja Metals Private Limited, Wellmec Auto Private Limited, S.R. Batteries Private Limited and 2 more, all in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Gaurav Jindal ceased to be Director on 25 Nov 2021. Roshan Sharma was appointed as Director on 25 Nov 2021. Madhu ceased to be Director on 03 Apr 2021. Whitecliff Industries has 18 board changes on record in total.
The registered office of Whitecliff Industries is at 405 P.P Tower Netaji Subhash Place Pitampura, New Delhi, Delhi, India – 110034.
Whitecliff Industries operates in the trading industry, in the wholesale segment.
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