Oceanwaves Industries Private Limited
About Oceanwaves Industries Private Limited
Data last updated:
Oceanwaves Industries Private Limited is a private limited company based in Ratnagiri, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 April 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29308PN2022PTC210496.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Husain Fakir Malgundkar and Rashid Nisar Qazi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Magundkar Hussain Fakir Opp Maryam Building Nutannagar Ratnagiri, Maharashtra, India – 415612.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.33 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Lakh (net margin 1.1%) and EBITDA of ₹4.87 Lakh (EBITDA margin 3.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Oceanwaves Industries Private Limited's registered office is in Ratnagiri, Maharashtra.
- Registered AddressC/O Magundkar Hussain Fakir Opp Maryam Building Nutannagar Ratnagiri, Maharashtra, India – 415612
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Oceanwaves Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Oceanwaves Industries Private Limited, buy the company report.
Financials of Oceanwaves Industries Private Limited
FY 2025 filings availableOceanwaves Industries Private Limited reported revenue of ₹1.33 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year. EBITDA rose 167% 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 |
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| Total Expenses | |||
| EBITDA | ₹4.87 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.42 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.7% | ||
| Net Profit Margin | 1.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Receivable Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Oceanwaves Industries Private Limited, buy the company report.
Board of directors of Oceanwaves Industries Private Limited
Oceanwaves Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Husain Fakir Malgundkar | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
| Rashid Nisar Qazi Also directs: Kokan Constrobuild Private Limited | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
| Sibtain Husain Malgundkar | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Oceanwaves Industries Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Thermals Pvt Ltd | ₹1.33 Cr (FY 2025) | 86.0% | Kokata, West Bengal, India | |||
| Oceanwaves Industries Private Limitedthis company | ₹1.33 Cr (FY 2025) | ₹1.42 Lakh | 1.1% | 51.0% | Ratnagiri, Maharashtra, India | |
| Ablaze Weigh India Private Limited | ₹1.33 Cr (FY 2025) | -3.0% | Murshidabad, West Bengal, India | |||
| Rockwell Heat Treatment Private Limited | ₹1.33 Cr (FY 2015) | 6.0% | Thane, Maharashtra, India |
To see the full peer comparison of Oceanwaves Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Oceanwaves Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oceanwaves Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Oceanwaves Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Oceanwaves Industries Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Husain Fakir Malgundkar was appointed as Director on 19 Apr 2022.
Frequently asked questions
Oceanwaves Industries is an active private limited company based in Ratnagiri, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 April 2022 (4+ years old) and is registered under CIN U29308PN2022PTC210496.
Oceanwaves Industries has 3 current directors:
- Husain Fakir Malgundkar - Director
- Rashid Nisar Qazi - Director
- Sibtain Husain Malgundkar - Director
The latest financial statements of Oceanwaves Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Oceanwaves Industries is U29308PN2022PTC210496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oceanwaves Industries was incorporated on 19 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Oceanwaves Industries by revenue are Prime Thermals Pvt Ltd, Ablaze Weigh India Private Limited, Rockwell Heat Treatment Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Husain Fakir Malgundkar was appointed as Director on 19 Apr 2022. Rashid Nisar Qazi was appointed as Director on 19 Apr 2022. Sibtain Husain Malgundkar was appointed as Director on 19 Apr 2022.
The registered office of Oceanwaves Industries is at CO Magundkar Hussain Fakir Opp Maryam Building Nutannagar Ratnagiri, Maharashtra, India – 415612.
Oceanwaves Industries operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
The compliance status of Oceanwaves Industries is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
Oceanwaves Industries can be reached at its registered office: CO Magundkar Hussain Fakir Opp Maryam Building Nutannagar Ratnagiri, Maharashtra, India – 415612.
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