WEBFIL LIMITED was formed as a joint venture company between WBIDC - West Bengal Industrial Development Corporation Limited (Undertaking of Government of West Bengal) and Group Companies of Andrew Yule & Company Limited (A Government of India Enterprise).
The company was incorporated in the year 1979. The company transformed from being the manufacturer of Tungsten Filaments for GLS/incandescent lamps and Cathodes for Fluorescent and Compact Fluorescent Tubes to a leading multi-product company with widespread activities. The company is now primarily engaged in the manufacturing of a range of telecommunications & Railway Signalling equipment and execution of turnkey projects for telecommunication and other IT & ITes related projects. Webfil Limited is the first Indian company to have successfully indigenously developed Optical Line Terminal Equipment.
Webfil Limited has a significant presence in the Filament Industry as well. The company is the largest exporter of filaments/tungsten & molybdenum wires from India and exports it to over 20 countries.
The manufacturing facility for the Filament and Digital division of the company is located at Kalyani, West Bengal.
The equity shares of Webfil Limited are listed on the Calcutta stock exchange.
CIN of Webfil Limited |
L36900WB1979PLC032046 |
Registration Date of Webfil Limited |
31 May 1979 |
Category/Sub-category of Webfil Limited |
Public Limited |
Webfil Limited Registered office address and contact details |
“YOULE HOUSE” 8, Dr. Rajendra Prasad Sarani, Kolkata-700 001 Tel: (033) 2242 8210/8550 |
Webfil Limited Registrar and Transfer Agent address and contact details |
M/s. Share Transfer Agent Limited 383, Lake Garden, 1st Floor Kolkata-700 045 Tel: (033)4072 4051/52/53 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Filaments |
27339 |
6.26% |
|
Drop/Insert Digital Multiplexer with Accessories |
26309 |
26.37% |
|
UFSBI |
30205 |
33.12% |
|
Contract Execute |
||
|
a) Railway Signalling & OFC Communication |
14.13% |
|
|
b) NTTIDCO: WIFI & Telecom |
5.07% |
|
|
c) With Government Authorities |
11.67% |
Shri Jayanta Ray (Chairman)
Shri Sujit Chakravorti (Independent Director)
Shri Ashoke Kumar Dutt (Independent Director)
Shri Soumen Das (Independent Director)
Smt. Sujata Roy (Independent Director)
Shri Debasis Konar (Nominee Director)
Shri Subhagya Parida (Nominee Director)
Shri K. Mohan (Non-Executive Director)
|
Name of the Company |
% of shares held |
|
New Town Telecom Infrastructure Development Company Limited (NTTIDCO) |
49.00% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Andrew Yule & Co. Ltd. |
1,45,000 |
1.70% |
|
2 |
The Bengal Coal Co. Ltd. |
2,00,000 |
2.34% |
|
3 |
The New Beerbhoom Coal Co. Ltd. |
70,000 |
0.82% |
|
4 |
Yule Financing & Leasing Co. Ltd |
2,70,000 |
3.16% |
|
5 |
Tide Water Oil Co. (I) Ltd. |
4,10,000 |
4.81% |
|
6 |
West Bengal Industrial Development Corp. Ltd. |
42,20,296 |
49.46% |
|
7 |
Public Shareholding |
32,17,204 |
37.71% |
|
|
Total |
85,32,500 |
100.00% |
Currently, India is the world’s second-largest telecommunications market with a subscriber base of 1.16 billion. The telecommunication industry in India has registered rapid growth over the past decade and propelled by favourable regulation policies of the Government, the Indian telecom sector is expected to witness further growth in the next few years. The deregulation of Foreign Direct Investment (FDI)norms coupled with Government reforms in support of initiatives like Digital India, etc., are expected to provide ample scope for the sector’s growth in the near future. The Union Cabinet approved Rs. 12,195 crore(US$ 1.65 billion) production-linked incentive (PLI) scheme for telecom &networking products under the Department of Telecom. In 2021-22, theDepartment of Telecommunications has been allocated Rs. 58,737 crore (US$8 billion). 56% allocation is towards revenue expenditure and the remaining 44%is towards capital expenditure.
Webfil Limited’sDigital Division, engaged primarily in the manufacture of a range of telecommunication equipment, and execution of turnkey projects for telecommunication networks, is progressing at a commendable pace, and the recent reforms in the telecom sector are expected to have a favourable impact on the Division’sinitiatives for further growth.
The Digital Division continues to serve the Indian Railways significantly, and recent initiatives in the sector aimed at empowerment of Indian Railways have lifted the Division’shopes of augmenting the volume of business transacted with the Railways. The ‘Digital India’ campaign launched by the Government of India is likely to result in the growth of telecom infrastructure projects undertaken across the country with the objective of providing citizens with increased Internet connectivity, and improved online infrastructure for accessing services electronically. The special projects segment of the Digital Division of Webfil limited hopes to reap a substantial number of benefits from such developments.
The manufacture of illumination devices in the country is undergoing modernisation and due to the increasing demand for energy-efficient products, the business volume of the Company’s FilamentDivision is not likely to develop further.
