MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-33-0001388
Wolkem Industries Limited - metals and minerals in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹109.76 Cr
▲ 2% YoY
Net profit · FY 2025
₹9.97 Cr
Net margin 9.1%
EBITDA · FY 2025
₹15.64 Cr
EBITDA margin 14.2%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹14.1 Cr
Issued & subscribed
Open charges
₹128.81 Cr
Satisfied ₹2.57 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
798
Provident fund records
About Wolkem Industries Limited
Data last updated:
Wolkem Industries Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 21 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24117RJ2000PLC016151. Its GSTIN is 08AAACW5635N1ZU (Rajasthan). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.1 Cr. It is led by directors including Gaurang Singhal (Managing Director) and Tez Razdan.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 102 Mewar Industrial Area Madri, Udaipur, Rajasthan, India – 313003.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.76 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.97 Cr (net margin 9.1%) and EBITDA of ₹15.64 Cr (EBITDA margin 14.2%).
The company has about 798 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹128.81 Cr and satisfied charges of ₹2.57 Cr on record. Court records list 27 cases involving the company, including 18 filed by the company and 9 filed against it; 7 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹13.74 Cr; the latest was in December 2020. Its 3 peer companies in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities) are compared by revenue, 3 larger; the largest is Vishwa Khanij Industries Private Limited with revenue of ₹112.46 Cr. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 175 overdue payments to 31 micro and small suppliers.
Wolkem Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0001388). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wolkem.com.
Company details
CIN U24117RJ2000PLC016151
Registration Number 016151
Incorporation Date 21 February 2000
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-33-0001388
Recognitions & Rankings of Wolkem Industries
Contact details
Wolkem Industries Limited's registered office is in Udaipur, Rajasthan. Its website is wolkem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 102 Mewar Industrial Area Madri, Udaipur, Rajasthan, India – 313003
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Wolkem Industries Limited, buy the company report.
Comprehensive company report
Wolkem Industries 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 Wolkem Industries is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Wolkem Industries Limited, buy the company report.
Financials of Wolkem Industries Limited
FY 2025 filings availableWolkem Industries Limited reported revenue of ₹109.76 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹109.76 Cr ▲ 2%
Net profit · FY 2025
₹9.97 Cr margin 9.1%
EBITDA · FY 2025
₹15.64 Cr margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
EBITDA CAGR growth
1 year
▼ 12%
Revenue rose 2% in the latest year. EBITDA fell 12% in the latest 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 |
|---|---|---|---|---|---|
| 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 | ₹15.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.97 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 9.1% | ||||
| 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 Wolkem Industries Limited, buy the company report.
Board of directors of Wolkem Industries Limited
Wolkem Industries has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tez Razdan Also directs: Wolkem India Limited | Director | 01 Oct 2021 | 5 Years 1 Months | Current |
| Gaurang Singhal Also directs: Binarvi Reality LLP, Chalix Microns India Private Limited, WR Minerals Private Limited and 2 more | Managing Director | 21 Sep 2018 | 8 Years 1 Months | Current |
| Akhilesh Joshi | Director | 01 Oct 2021 | 5 Years 1 Months | Current |
| Devendra Kumar Singh Also directs: Wolkem India Limited | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Wolkem Industries Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishwa Khanij Industries Private Limited | ₹112.46 Cr (FY 2025) | -11.0% | Vadodara, Gujarat, India | |||
| Otan Das & Co (Mining) Private Limited | ₹111.36 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Mala Kumar Engineers Private Limited | ₹110.48 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Wolkem Industries Limitedthis company | ₹109.76 Cr (FY 2025) | ₹9.97 Cr | 9.1% | 2.0% | 798 | Udaipur, Rajasthan, India |
To see the full peer comparison of Wolkem Industries Limited, buy the company report.
Auditor
Wolkem Industries Limited is audited by Maheshwari Pandwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maheshwari Pandwal & Co. | FY 2023 | 015623C |
Shareholding
The shareholding of Wolkem Industries 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 Wolkem Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹128.81 Cr
Satisfied charges
₹2.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2024 | 100950411 | Others | ₹25 Cr | Open | |
| 04 Mar 2023 | 100705750 | Others | ₹50 Cr | Open | |
| 26 Jun 2019 | 100276860 | State Bank of India | ₹34.66 Cr | Open | |
| 27 Mar 2019 | 100256519 | State Bank of India | ₹19.15 Cr | Open | |
| 22 Sep 2012 | 10382369 | Bajaj Finance Limited | ₹1.31 Cr | Satisfied |
To see the full charge records of Wolkem Industries Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Wolkem Industries Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹13.74 Cr; the latest was in December 2020.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹13.74 Cr
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Minpro Industries Seller: Wolkem India Limited |
| Mar 2011 | Funding round | ₹63.9 Lakh | Investors: Wolkem India Limited , Minpro Industries, 2 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Wolkem India Limited Seller: Binarvi Holding Private Limited, an individual |
To see the full deal history of Wolkem Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wolkem Industries Limited has 27 court cases on record: 18 filed by Wolkem Industries, 9 filed against it. 7 cases are pending and 20 are disposed.
Total cases
27
Filed by the company
18
Filed against the company
9
Pending
7
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 8 | 6 |
| Supreme Court | 3 | 0 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Indian Oil Corporation Ltd. Having Its Registered Office at G-9, Ali Yavar Jang Marg, Bandra East M and 6 others | Disposed |
| High Court, Rajasthan | Interim or miscellaneous application | Filed against the company by State of Rajasthan | Pending |
| High Court, Rajasthan | Writ petition | Filed against the company by State of Rajasthan and 1 other | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Union of India and Ors | Pending |
| Supreme Court | Court case (3301_3jj- Mines Minerals, Mining leases : Three Judge Matter) | Filed by the company against The State of Rajasthan State of Rajasthan Secretary Secretary Department of Finance, Govt. of Rajasthan ,Jaipur , Rajasthan and 1 other | Pending |
To see the full case history of Wolkem 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.
Credit ratings & regulatory alerts
Wolkem Industries Limited was last rated by Care on 25 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Mar 2022 |
To see the full credit ratings and regulatory alerts of Wolkem Industries Limited, buy the company report.
MSME payment delays
Wolkem Industries Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 175 overdue payments to 31 micro and small suppliers. 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 (5 of 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shri Indtex Boiler Pvt Ltd | |||
| Technobrain Engineering LLP | |||
| Tulla Weigh Systems Private Limited | |||
| an individual supplier | |||
| Laxmi Engineering Industries |
To see the full MSME payment records of Wolkem Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Wolkem Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| WR Minerals Private Limited | U26994RJ2023PTC085698 |
To see the full group structure of Wolkem Industries Limited, buy the company report.
Employees & EPFO
Wolkem Industries Limited has a workforce of 798 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
Employee count
798
Active EPFO establishments
2
Employee growth
-7.42%
GST
Wolkem Industries has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACW5635N1ZU | Rajasthan | Active | 01 Jul 2017 |
| 08AAACW5635N2ZT | Rajasthan | Active | 08 Aug 2025 |
| 24AAACW5635N1Z0 | Gujarat | Active | 21 Nov 2022 |
To see the full GST registrations and return filing status of Wolkem Industries Limited, buy the company report.
Recent activity
Wolkem Industries Limited has 18 board changes on record since 2012: 4 appointments and 14 cessations. The latest: Devendra Kumar Singh ceased to be Additional Director on 21 Sep 2025.
AGM
Wolkem Industries Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Ceased
Devendra Kumar Singh ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 34.66 Cr registered on 26 Jun 2019 with Charge ID 100276860 was modified on 17 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 19.15 Cr registered on 27 Mar 2019 with Charge ID 100256519 was modified on 17 Jun 2025.
Appointed
Devendra Kumar Singh was appointed as Director.
Filing
Wolkem Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100950411 was registered on 27 Jun 2024.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100705750 was registered on 04 Mar 2023.
Appointed
Akhilesh Joshi was appointed as Director.
Appointed
Tez Razdan was appointed as Director.
Ceased
Gaurang Singhal ceased to be Director.
Ceased
Sridhar Sankar Sankaran ceased to be Additional Director.
23 earlier events are in the company report.
Frequently asked questions
Wolkem Industries is an active public limited company based in Udaipur, Rajasthan, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 21 February 2000 (26+ years old) and is registered under CIN U24117RJ2000PLC016151.
Wolkem Industries has 4 current directors:
- Gaurang Singhal - Managing Director
- Tez Razdan - Director
- Akhilesh Joshi - Director
- Devendra Kumar Singh - Director
The latest financial statements of Wolkem Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wolkem Industries is 08AAACW5635N1ZU, registered in Rajasthan. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAACW5635N2ZT (Rajasthan), 24AAACW5635N1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Wolkem Industries is U24117RJ2000PLC016151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wolkem Industries has 27 court cases on record: 18 filed by the company and 9 filed against it. 7 are pending. Most are in the high courts.
Wolkem Industries was incorporated on 21 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Jaipur.
Wolkem Industries has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹13.74 Cr; the latest was in December 2020.
The peers of Wolkem Industries by revenue are Vishwa Khanij Industries Private Limited, Otan Das & Co (Mining) Private Limited, Mala Kumar Engineers Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Devendra Kumar Singh ceased to be Additional Director on 21 Sep 2025. Devendra Kumar Singh was appointed as Director on 01 Apr 2025. Akhilesh Joshi was appointed as Director on 01 Oct 2021. Wolkem Industries has 18 board changes on record in total.
Yes, Wolkem Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-33-0001388).
Wolkem Industries has 13 MSME Form 1 returns on record between 2018 and 2024, listing 175 overdue payments to 31 micro and small suppliers. The latest return was filed on 29 Apr 2024.
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