About Woolways (India) Limited
Data last updated:
Woolways (India) Limited is a public limited company based in New, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the casual and branded wear segment of the fashion and textiles sector. It was incorporated on 19 December 1994.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1994PLC063585. Its GSTIN is 07AAACW0286B1ZO (Delhi). The company holds 4 GST registrations, of which 2 are active. It is a listed company.
The company has an authorised share capital of ₹7.6 Cr and a paid-up capital of ₹6.67 Cr. It is led by directors including Rakesh Nayar (Managing Director) and Anil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 2 Basement Front Side East Of Kailash, New, Delhi, India – 110065.
As per the financials filed for FY 2017, the company reported a revenue of ₹54.72 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹4.53 Cr (net margin -8.3%) and EBITDA of -₹3.56 Cr (EBITDA margin -6.5%).
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WoolWays India Limited. As per MCA filings, the company has open charges of ₹104.82 Cr on record.
The last known website on record is woolways.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 2 Basement Front Side East Of Kailash, New, Delhi, India – 110065
- IndustryFashion and Textile, Casual & Branded Wear
- 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
- One PDF report, delivered after checkout
CIN History of Woolways (India) Limited
Woolways (India) has one previous CIN (Corporate Identification Number): U74899DL1994PLC063585. The current CIN is L74899DL1994PLC063585, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1994PLC063585 | Current |
| U74899DL1994PLC063585 | Previous |
Associated Brands with Woolways (India) Limited
Woolways (India) operates one associated brand: WoolWays India Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wool processing, marketing, and related services in India. | woolways.com |
Business Activity of Woolways (India) Limited
The main business activity of Woolways (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Woolways (India) Limited
Woolways (India) Limited is audited by S GAUR & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S GAUR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Woolways (India) Limited
Woolways (India) has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Subhash Chander Lekhi | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Rakesh Nayar | Managing Director | 15 Jan 2005 | 21 Years 8 Months | As last reported |
Financials of Woolways (India) Limited FY 2017 filings available
Woolways (India) Limited reported revenue of ₹54.72 Cr (down 60% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Woolways (India) Limited
Revenue fell 60% in the latest year. EBITDA fell 176% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Woolways (India) Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹54.72 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹3.56 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.53 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 of Woolways (India) Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -6.5% | •••• | •••• |
| Net Profit Margin | -8.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Woolways (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Woolways (India) Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Woolways (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2015 | State Bank of India | ₹1 Cr | Open |
| 13 Jan 2014 | State Bank of India | ₹90 Lakh | Open |
| 29 May 2013 | State Bank of India | ₹37.07 Cr | Open |
| 25 May 2013 | State Bank of India | ₹5.35 Cr | Open |
| 20 May 2013 | State Bank of India | ₹33.05 Cr | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Woolways (India) Limited
Woolways (India) Limited has a workforce of 17 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Woolways (India) Limited
Woolways (India) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACW0286B1ZO | Delhi | Active | 01 Jul 2017 |
| 03AAACW0286B1ZW | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Woolways (India) Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Woolways (India) Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Woolways (India) Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Woolways (India) Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Woolways (India) Limited
Frequently Asked Questions about Woolways (India) Limited
Woolways (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Woolways (India) is a company under liquidation, formerly operating as a public limited company based in New, Delhi, India. The company works in casual and branded wear, within the fashion and textile industry. It was incorporated on 19 December 1994 and is registered under CIN L74899DL1994PLC063585. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Woolways (India) reported revenue of ₹54.72 Cr for FY 2017 (down 60% YoY).
Woolways (India) has 3 current directors:
- Rakesh Nayar - Managing Director
- Anil Kumar - Director
- Subhash Chander Lekhi - Director
Woolways (India) reported a net loss of ₹4.53 Cr (net margin -8.3%) and EBITDA of -₹3.56 Cr (EBITDA margin -6.5%) for FY 2017, as per its filed financial statements.
The CIN (Corporate Identification Number) of Woolways (India) is L74899DL1994PLC063585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Woolways (India) is a listed company.
Woolways (India) has open charges of ₹104.82 Cr and no satisfied charges on record as per latest MCA filings.
Woolways (India) was incorporated on 19 December 1994. It is registered with the Registrar of Companies, Delhi.