Indian Company Master Data Made Simple
Welcast Steels Limited
Incorporated in 1972, Welcast Steels Limited has a history spanning 5 decades. Welcast Steels Limited is registered with CIN L27104GJ1972PLC085827 (reg. no. 85827). The company operates as company limited by shares. Authorized share capital stands at ₹2.00 crore. Paid-up capital for the company equals ₹63.82 lakh.
The main line of business is manufacture of basic metals. Welcast Steels Limited is officially registered in Ahmedabad. The registered address is listed as 115-116, G.v.m.m. Estate, Odhav Road, Odhav, Ahmedabad, Ahmedabad, Gujarat, India, 382415. The entity is active and conducting operations. The firm is identified under PAN AAACW1408K. The company’s official contact email is snj@aiaengineering.com. Senior management roles are held by Viren Kantilal Thakkar (CFO) and Vutukuru Venkata Rama Mohana Rao (CEO).
Company Overview
- CIN
- Date of Incorporation
- 28/02/1972
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹2,00,00,000.00
- Paid up Capital
- ₹63,81,610.00
- Activity
- Manufacture Of Basic Metals
- snj@aiaengineering.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAACW1408K1ZJ | Inactive |
| Karnataka | 29AAACW1408K1Z9 | Active |
| 29AAACW1408K1DI | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8380G01014 | WELCAST STEELS LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | WELCAST STEELS/SH VTG | ESVUFN |
| INE380G01015 | WELCAST STEELS LIMITED EQ | - | 12/10/2026 | WELCAST STEELS/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 | 31/03/2015 |
|---|---|---|---|---|---|---|---|---|
| Net PPE | ₹326.73L | ₹388.20L | ₹417.33L | ₹467.29L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹4,249.43L | ₹4,263.19L | ₹4,289.87L | ₹4,544.51L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Inventory | ₹407.67L | ₹1,048.15L | ₹1,218.25L | ₹1,314.36L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock | ₹63.84L | ₹63.84L | ₹63.84L | ₹63.84L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹6.38L | ₹6.38L | ₹6.38L | ₹6.38L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Assets | ₹3,560.05L | ₹4,767.76L | ₹4,981.47L | ₹4,620.56L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹63.84L | ₹63.84L | ₹63.84L | ₹63.84L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Assets | ₹3,215.02L | ₹4,030.43L | ₹4,264.83L | ₹3,845.30L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Prepaid Assets | ₹288.50L | ₹150.81L | ₹86.32L | ₹140.90L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Working Capital | ₹3,096.92L | ₹3,285.01L | ₹3,359.13L | ₹2,804.14L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹3,441.95L | ₹3,972.45L | ₹4,031.30L | ₹3,531.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Properties | ₹85.54L | ₹388.20L | ₹137.69L | ₹123.57L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Retained Earnings | ₹2,958.46L | ₹3,488.96L | ₹3,547.81L | ₹3,047.61L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹3,441.95L | ₹3,972.45L | ₹4,031.30L | ₹3,531.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Tangible Assets | ₹3,441.95L | ₹3,972.35L | ₹4,030.79L | ₹3,530.47L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tangible Book Value | ₹3,441.95L | ₹3,972.35L | ₹4,030.79L | ₹3,530.47L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹118.10L | ₹745.42L | ₹905.70L | ₹1,041.16L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹3,441.95L | ₹3,972.45L | ₹4,031.30L | ₹3,531.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹3,378.11L | ₹3,908.61L | ₹3,967.46L | ₹3,467.26L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Capitalization | ₹3,441.95L | ₹3,972.45L | ₹4,031.30L | ₹3,531.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹6.38L | ₹6.38L | ₹6.38L | ₹6.38L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Non Current Assets | ₹345.03L | ₹737.33L | ₹716.64L | ₹775.26L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹77.01L | ₹244.86L | ₹357.46L | ₹103.12L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.00L | ₹9.17L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Accumulated Depreciation | -₹3,922.70L | ₹0.00L | -₹3,872.54L | -₹4,077.22L | -₹4,050.51L | ₹0.00L | ₹0.00L | ₹0.00L |
| Additional Paid In Capital | ₹47.79L | ₹0.00L | ₹47.79L | ₹47.79L | ₹47.79L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹2,381.00L | ₹1,776.92L | ₹1,880.78L | ₹1,711.81L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹3,511.77L | ₹0.00L | ₹3,500.06L | ₹3,759.65L | ₹3,822.92L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.00L | ₹0.10L | ₹0.51L | ₹0.63L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹3,441.95L | ₹3,972.45L | ₹4,031.30L | ₹3,531.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹118.10L | ₹795.31L | ₹950.17L | ₹1,089.46L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹2,458.01L | ₹1,976.15L | ₹2,238.24L | ₹1,814.93L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹0.00L | ₹49.89L | ₹44.47L | ₹48.30L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2018 | 31/03/2017 | 31/03/2015 |
|---|---|---|---|---|---|---|---|
| Free Cash Flow | ₹282.40L | -₹425.08L | ₹347.22L | ₹1,712.89L | ₹0.00L | ₹0.00L | ₹0.00L |
| Changes In Cash | -₹167.85L | -₹112.60L | ₹254.34L | -₹186.48L | ₹0.00L | ₹0.00L | ₹0.00L |
| End Cash Position | ₹77.01L | ₹244.86L | ₹357.46L | ₹103.12L | ₹0.00L | ₹0.00L | ₹0.00L |
| Financing Cash Flow | -₹0.33L | -₹21.07L | -₹15.74L | -₹446.57L | ₹0.00L | ₹0.00L | ₹0.00L |
| Investing Cash Flow | -₹451.50L | ₹282.94L | -₹110.76L | -₹1,464.66L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | ₹283.98L | -₹374.47L | ₹380.84L | ₹1,724.75L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Expenditure | -₹1.58L | -₹50.61L | -₹33.62L | -₹11.86L | ₹0.00L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | ₹244.86L | ₹357.46L | ₹103.12L | ₹289.60L | ₹0.00L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2018 | 31/03/2017 | 31/03/2015 |
|---|---|---|---|---|---|---|---|---|
| EBIT | -₹480.31L | -₹28.35L | ₹711.36L | ₹402.15L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| EBITDA | -₹418.29L | ₹50.61L | ₹785.96L | ₹492.32L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Basic EPS | -₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹159.36L | ₹0.00L | -₹2.50L |
| Diluted EPS | -₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹501.04L | ₹1,263.01L | ₹3,743.09L | ₹1,607.80L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Pretax Income | -₹487.49L | -₹35.35L | ₹700.84L | ₹239.58L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Provision | ₹42.73L | -₹1.61L | ₹175.99L | -₹24.44L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹4,581.69L | ₹8,432.58L | ₹9,089.25L | ₹9,362.87L | ₹0.00L | ₹23,996.95L | ₹21,901.19L | ₹20,335.92L |
| Cost Of Revenue | ₹4,080.65L | ₹7,169.57L | ₹5,346.16L | ₹7,755.07L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Expenses | ₹4,929.02L | ₹8,616.70L | ₹8,486.36L | ₹8,994.04L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Income | ₹63.60L | ₹0.00L | ₹65.14L | ₹38.50L | ₹64.63L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹7.18L | ₹7.01L | ₹10.52L | ₹162.57L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Income | -₹347.33L | -₹184.12L | ₹602.89L | ₹368.83L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | -₹225.19L | -₹71.20L | ₹785.96L | ₹489.22L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized Income | -₹414.36L | -₹150.00L | ₹484.17L | ₹261.85L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Expense | ₹848.37L | ₹1,447.13L | ₹3,394.16L | ₹1,238.97L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Revenue | ₹4,581.69L | ₹8,432.58L | ₹9,089.25L | ₹9,362.87L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Interest Income | ₹54.03L | ₹26.96L | -₹10.52L | -₹132.80L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items | -₹193.10L | ₹121.81L | ₹0.00L | ₹3.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Basic Average Shares | ₹6.38L | ₹6.38L | ₹6.38L | ₹6.38L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Diluted Average Shares | ₹6.38L | ₹6.38L | ₹6.38L | ₹6.38L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Other Finance Cost | ₹2.39L | ₹4.66L | ₹19.85L | ₹8.73L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Operating Expenses | ₹26.53L | ₹21.93L | ₹2,585.16L | ₹74.75L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Depreciation | ₹62.02L | ₹78.95L | ₹74.60L | ₹90.17L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹4,080.65L | ₹7,169.57L | ₹7,405.85L | ₹7,755.07L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Rent Expense Supplemental | ₹4.61L | ₹0.00L | ₹3.75L | ₹3.49L | ₹3.40L | ₹0.00L | ₹0.00L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹77.24L | ₹5.55L | ₹13.64L | ₹0.93L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Income Non Operating | ₹63.60L | ₹38.63L | ₹65.14L | ₹38.50L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling And Marketing Expense | ₹172.55L | ₹0.00L | ₹256.57L | ₹214.74L | ₹189.37L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹7.18L | ₹7.00L | ₹10.52L | ₹162.57L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Continuous Operations | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| General And Administrative Expense | ₹186.15L | ₹0.00L | ₹184.66L | ₹185.51L | ₹154.09L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling General And Administration | ₹358.70L | ₹0.00L | ₹441.23L | ₹400.25L | ₹343.46L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹193.10L | ₹121.81L | ₹0.00L | ₹3.10L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | ₹54.03L | ₹26.96L | -₹10.52L | -₹132.80L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Including Noncontrolling Interests | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹530.22L | -₹33.74L | ₹524.85L | ₹264.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Company Performance (FY15–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 03/05/1995 | Pradip Rasiklal Shah | 00293396 | Director | View other directorships |
| 30/08/2001 | Bhadresh Kantilal Shah | 00058177 | Director | View other directorships |
| 23/05/2007 | Sanjay Shaileshbhai Majmudar | 00091305 | Director | View other directorships |
| 28/07/2014 | Satyanarayan Chhogalal Jetheliya | *****6305K | Company Secretary | |
| 28/07/2014 | Vutukuru Venkata Rama Mohana Rao | *****6398H | CEO | |
| 15/04/2015 | Khushali Samip Solanki | 07008918 | Director | View other directorships |
| 23/05/2022 | Viren Kantilal Thakkar | *****1159C | CFO | |
| 02/09/2024 | Rajan Ramkrishna Harivallabhdas | 00014265 | Director | View other directorships |
| 02/09/2024 | Piyush Balvantlal Shah | 00155760 | Director | View other directorships |
Business Network
Directors 9
- Piyush Balvantlal ShahDirector
- Rajan Ramkrishna HarivallabhdasDirector
- Khushali Samip SolankiDirector
- Sanjay Shaileshbhai MajmudarDirector
- Bhadresh Kantilal ShahDirector
- Pradip Rasiklal ShahDirector
- Viren Kantilal ThakkarCFO
- Satyanarayan Chhogalal JetheliyaCompany Secretary
- Vutukuru Venkata Rama Mohana RaoCEO
Latest Documents
| Date | Title | Size |
|---|---|---|
| 23/10/2024 | Form MGT-7-23102024 | - |
| 24/09/2024 | Form AOC-4(XBRL)-24092024_signed | - |
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Address
Frequently Asked Questions
The current board member of Welcast Steels Limited are:
- Khushali Samip Solanki
- Sanjay Shaileshbhai Majmudar
- Bhadresh Kantilal Shah
- Pradip Rasiklal Shah
- Rajan Ramkrishna Harivallabhdas
- Piyush Balvantlal Shah