MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0116365
Walfin Tech Private Limited
Walfin Tech Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.81 Cr
▲ 47% YoY
Net profit · FY 2025
₹1.04 Cr
Net margin 13.3%
EBITDA · FY 2025
₹1.67 Cr
EBITDA margin 21.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹8.32 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
14
Provident fund records
Directors on board
2
As per MCA filings
About Walfin Tech Private Limited
Data last updated:
Walfin Tech Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Walrus Tech Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC148758. Its GSTIN is 29AACCW9869J1ZC (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.32 Lakh. It is led by directors Sriharsha Setty and Bhagaban Behera.
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 A/4M I G Khb Colony 5th Blk Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.81 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 13.3%) and EBITDA of ₹1.67 Cr (EBITDA margin 21.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Defy Club.
Walfin Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0116365).
Company Details of Walfin Tech Private Limited
CIN U72900KA2021FTC148758
Registration Number 148758
Incorporation Date 25 June 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Walrus Tech Inc.
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0116365
Key People
Sriharsha Setty Director Bhagaban Behera Director Recognitions & Rankings of Walfin Tech
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA/4M I G Khb Colony 5th Blk Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Walfin Tech Private 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 Walfin Tech is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Walfin Tech Private Limited
FY 2025 filings availableWalfin Tech Private Limited reported revenue of ₹7.81 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹7.81 Cr ▲ 47%
Net profit · FY 2025
₹1.04 Cr margin 13.3%
EBITDA · FY 2025
₹1.67 Cr margin 21.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 156%
3 years · compounded
▲ 44%
Revenue rose 47% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 156% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2021-22 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹1.67 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.04 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 2021-22 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 21.4% | |
| Net Profit Margin | 13.3% | |
| 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, and every line for FY 2021-22 to FY 2023-24, 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 Walfin Tech are in the company report.
: available in the company report
Board of Directors of Walfin Tech Private Limited
Walfin Tech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriharsha Setty Also directs: Walrus Labs Private Limited | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
| Bhagaban Behera Also directs: Walrus Labs Private Limited | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
Peer Comparison
Walfin Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eternity Logistics Solutions Private Limited | ₹7.85 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Zirakpur, Punjab, India |
| Aigital Technologies Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Barmer, Rajasthan, India |
| Cybonix Technologies Private Limited | ₹7.84 Cr (FY 2022) | •••• | •••• | 34.0% | •••• | Noida, Uttar Pradesh, India |
| Adcuratio Media India Private Limited | ₹7.83 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Bangalore, Karnataka, India |
| Colina Tech Solutions Private Limited | ₹7.82 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Hyderabad, Telangana, India |
| Walfin Tech Private Limited this company | ₹7.81 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Geomaticx Scientific Technology Services Private Limited | ₹7.8 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Kolkata, West Bengal, India |
| Protech Microsystems India Private Limited | ₹7.8 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Lantern Digital Services Private Limited | ₹7.79 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Dikshu India Communications Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Chorayasi, Gujarat, India |
| Interland Technology Services Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kanayannur, Kerala, India |
Peers are the companies nearest to Walfin Tech by revenue, above and below it, in the same principal business activity (other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Walfin Tech Private Limited is audited by S R G A & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R G A & CO. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Walfin Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Walfin Tech Private Limited has a workforce of 14 employees as of Apr 07, 2024.
Employee count
14
Active EPFO establishments
1
Employee growth
-36.36%
: available in the company report
Recent Activity
Walfin Tech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Bhagaban Behera was appointed as Director on 25 Jun 2021.
AGM
Walfin Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Walfin Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Bhagaban Behera was appointed as Director.
Appointed
Sriharsha Setty was appointed as Director.
Incorporation
25 Jun 2021
Walfin Tech Private Limited was registered on 25 Jun 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Walfin Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW9869J1ZC | Karnataka | Active | 11 Aug 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Walfin Tech is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 June 2021 (5+ years old) and is registered under CIN U72900KA2021FTC148758.
Walfin Tech has 2 current directors:
- Sriharsha Setty - Director
- Bhagaban Behera - Director
The latest financial statements of Walfin Tech 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 2022 are in the company report.
The GSTIN of Walfin Tech is 29AACCW9869J1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Walfin Tech is U72900KA2021FTC148758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Walfin Tech was incorporated on 25 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Walfin Tech by revenue are Eternity Logistics Solutions Private Limited, Aigital Technologies Private Limited, Cybonix Technologies Private Limited, Adcuratio Media India Private Limited, Colina Tech Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bhagaban Behera was appointed as Director on 25 Jun 2021. Sriharsha Setty was appointed as Director on 25 Jun 2021.
Yes, Walfin Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0116365).
The registered office of Walfin Tech is at A4M I G Khb Colony 5th Blk Koramangala, Bangalore, Karnataka, India – 560034.
Walfin Tech operates in the information technology industry, in the application development and software solutions segment.