Startup India Government of India
Wattmills Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4 Lakh
▲ 106% YoY
Net loss · FY 2024
₹2.8 Lakh
Net margin -69.9%
EBITDA · FY 2024
-₹2.8 Lakh
EBITDA margin -69.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Wattmills Technologies Private Limited
Data last updated:
Wattmills Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Aymothi Ventures Private Limited and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111393.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Aravind Yajaman Mothi and Annapurna Yajaman Mothi.
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 No 796 9th A Main Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹4 Lakh, a growth of 106% compared to the previous year. For the same year it recorded a net loss of ₹2.8 Lakh (net margin -69.9%) and EBITDA of -₹2.8 Lakh (EBITDA margin -69.9%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years and 307% over five years.
For more details, the company can be reached via its website wattmills.com.
Company details
CIN U74999KA2018PTC111393
Registration Number 111393
Incorporation Date 20 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aymothi Ventures Private Limited
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Wattmills Technologies
Contact details
Wattmills Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is wattmills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 796 9th A Main Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wattmills Technologies Private Limited, buy the company report.
Comprehensive company report
Wattmills Technologies 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 Wattmills Technologies is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Wattmills Technologies Private Limited, buy the company report.
Financials of Wattmills Technologies Private Limited
FY 2025 filings availableWattmills Technologies Private Limited reported revenue of ₹4 Lakh (up 106% YoY) for FY 2024.
Revenue · FY 2024
₹4 Lakh ▲ 106%
Net loss · FY 2024
₹2.8 Lakh margin -69.9%
EBITDA · FY 2024
-₹2.8 Lakh margin -69.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 137%
5 years · compounded
▲ 307%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 7%
5 years · compounded
▼ 29%
Revenue has grown at a compounded annual rate (CAGR) of 307% over five years, including 106% growth in the latest year. EBITDA rose 37% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.8 Lakh | ||||
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| Net Profit (PAT) | -₹2.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -69.9% | ||||
| Net Profit Margin | -69.9% | ||||
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To see the full financial statements and ratios of Wattmills Technologies Private Limited, buy the company report.
Board of directors of Wattmills Technologies Private Limited
Wattmills Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aravind Yajaman Mothi Also directs: Aymothi Ventures Private Limited, Maadhyama Aneka Private Limited | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
| Annapurna Yajaman Mothi Also directs: Aymothi Ventures Private Limited, Maadhyama Aneka Private Limited | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Wattmills Technologies Private Limited is audited by KURLI REDDY&CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KURLI REDDY&CO | FY 2022 | 020865 |
Shareholding
The shareholding of Wattmills Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wattmills Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wattmills Technologies 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 Wattmills Technologies 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 Wattmills Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wattmills Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Annapurna Yajaman Mothi was appointed as Director on 20 Mar 2018.
AGM
Wattmills Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wattmills Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Annapurna Yajaman Mothi was appointed as Director.
Appointed
Aravind Yajaman Mothi was appointed as Director.
Incorporation
20 Mar 2018
Wattmills Technologies Private Limited was registered on 20 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.
Frequently asked questions
Wattmills Technologies is an active 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 20 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111393.
Wattmills Technologies has 2 current directors:
- Aravind Yajaman Mothi - Director
- Annapurna Yajaman Mothi - Director
The latest financial statements of Wattmills Technologies 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Wattmills Technologies is U74999KA2018PTC111393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wattmills Technologies was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Annapurna Yajaman Mothi was appointed as Director on 20 Mar 2018. Aravind Yajaman Mothi was appointed as Director on 20 Mar 2018.
Yes, Wattmills Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wattmills Technologies can be reached through the website wattmills.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Wattmills Technologies is at No 796 9th A Main Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
Wattmills Technologies operates in the information technology industry, in the application development and software solutions segment.