MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0015342
Water Roots Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹9.32 Lakh
▼ 68% YoY
Net loss · FY 2022
₹4.38 Lakh
Net margin -47%
EBITDA · FY 2022
-₹4.34 Lakh
EBITDA margin -46.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Water Roots Private Limited
Data last updated:
Water Roots Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC103401. Its GSTIN is 29AACCW0157F1ZE (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajshekar Karunanithi and Kiruthika Gunasekaran.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.73 Duo Enclave Layout K.C. Halli B.G.Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.32 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹4.38 Lakh (net margin -47%) and EBITDA of -₹4.34 Lakh (EBITDA margin -46.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The company is associated with 1 brand: Water Roots.
Water Roots Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015342). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website water-roots.com.
Company details
CIN U72900KA2017PTC103401
Registration Number 103401
Incorporation Date 29 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0015342
Recognitions & Rankings of Water Roots
Contact details
Water Roots Private Limited's registered office is in Bangalore, Karnataka. Its website is water-roots.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.73 Duo Enclave Layout K.C. Halli B.G.Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Water Roots Private Limited, buy the company report.
Comprehensive company report
Water Roots 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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Secure checkout · GST invoice included
Brands
Water Roots operates one associated brand: Water Roots. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers horizontal application development and IT consulting services. | water-roots.com |
Business activity
The main business activity of Water Roots is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Water Roots Private Limited, buy the company report.
Financials of Water Roots Private Limited
FY 2023 filings availableWater Roots Private Limited reported revenue of ₹9.32 Lakh (down 68% YoY) for FY 2022.
Revenue · FY 2022
₹9.32 Lakh ▼ 68%
Net loss · FY 2022
₹4.38 Lakh margin -47%
EBITDA · FY 2022
-₹4.34 Lakh margin -46.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▼ 67%
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 68% fall in the latest year. EBITDA rose 46% 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
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| EBITDA | -₹4.34 Lakh | ||||
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| Net Profit (PAT) | -₹4.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -46.5% | ||||
| Net Profit Margin | -47% | ||||
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To see the full financial statements and ratios of Water Roots Private Limited, buy the company report.
Board of directors of Water Roots Private Limited
Water Roots has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajshekar Karunanithi Also directs: Svastha Golisoda Private Limited | Director | 29 May 2017 | 9 Years 4 Months | Current |
| Kiruthika Gunasekaran Also directs: Svastha Golisoda Private Limited | Director | 29 Jul 2019 | 7 Years 2 Months | Current |
Auditor
Water Roots Private Limited is audited by NOORUS SALAAM & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NOORUS SALAAM & ASSOCIATES | FY 2021 | 014593S |
Shareholding
The shareholding of Water Roots Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Water Roots Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Water Roots 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 Water Roots Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Water Roots has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW0157F1ZE | Karnataka | Active | 21 Nov 2017 |
| 33AACCW0157F1ZP | Tamil Nadu | Active | 27 Mar 2019 |
To see the full GST registrations and return filing status of Water Roots Private Limited, buy the company report.
Recent activity
Water Roots Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Kiruthika Gunasekaran ceased to be Additional Director on 29 Sep 2023.
AGM
Water Roots Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Kiruthika Gunasekaran ceased to be Additional Director.
Filing
Water Roots Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Sugumar Jeganathan ceased to be Director.
Appointed
Kiruthika Gunasekaran was appointed as Director.
Appointed
Rajshekar Karunanithi was appointed as Director.
Incorporation
29 May 2017
Water Roots Private Limited was registered on 29 May 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.
Frequently asked questions
Water Roots is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 May 2017 (9+ years old) and is registered under CIN U72900KA2017PTC103401.
Water Roots has 2 current directors:
- Rajshekar Karunanithi - Director
- Kiruthika Gunasekaran - Director
The latest financial statements of Water Roots on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Water Roots is 29AACCW0157F1ZE, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCW0157F1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Water Roots is U72900KA2017PTC103401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Water Roots was incorporated on 29 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Kiruthika Gunasekaran ceased to be Additional Director on 29 Sep 2023. Sugumar Jeganathan ceased to be Director on 14 Aug 2019. Kiruthika Gunasekaran was appointed as Director on 29 Jul 2019. Water Roots has 4 board changes on record in total.
Yes, Water Roots is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0015342).
Water Roots can be reached through the website water-roots.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Water Roots is at No.73 Duo Enclave Layout K.C. Halli B.G.Road, Bangalore, Karnataka, India – 560076.