About Wave 9 IT Solutions Private Limited
Data last updated:
Wave 9 IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2007PTC056409.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Chendu Panguluri and Sunelkumar Kancharla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.91 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹19,740 (net margin 1.3%) and EBITDA of ₹26,676 (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 24% over five years.
The company is associated with 1 brand: Wave9 IT Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wave9itsolutions.com.
CIN History
Wave 9 IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2007PTC056409. The current CIN is U72200TG2007PTC056409, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2007PTC056409 | Current |
| U72200AP2007PTC056409 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH.No.6 – 3 – 1111/22 Ground Floor Opp.Swapna Nursing Home Nishatbagh Beg, Umpet, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands
Wave 9 IT Solutions operates one associated brand: Wave9 IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT staffing, software development, consulting, and training services. | wave9itsolutions.com |
Business Activity
The main business activity of Wave 9 IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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 Wave 9 IT Solutions Private Limited
FY 2024 filings availableWave 9 IT Solutions Private Limited reported revenue of ₹14.91 Lakh (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 21% growth in the latest year. EBITDA fell 25% 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 2019-20 to FY 2022-23in 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 | ₹26,676 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹19,740 | |
| 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.8% | |
| Net Profit Margin | 1.3% | |
| 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 2019-20 to FY 2022-23, 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 Wave 9 IT Solutions are in the company report.
: available in the company report
Board of Directors of Wave 9 IT Solutions Private Limited
Wave 9 IT Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chendu Panguluri Also directs: Panguluri Infra and Homes Private Limited, Sanridge Technologies Private Limited, Excelli Technologies Private Limited and 1 more | Director | 28 May 2022 | 4 Years 4 Months | Current |
| Sunelkumar Kancharla | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
| Lakshmi Devi Muppala | Director | 02 Jan 2021 | 5 Years 9 Months | Current |
Auditor Details
Wave 9 IT Solutions Private Limited is audited by R Y A N & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R Y A N & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Wave 9 IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Wave 9 IT Solutions.
: available in the company report
Recent Activity
Wave 9 IT Solutions Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Chendu Panguluri was appointed as Director on 28 May 2022.
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
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Wave 9 IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 November 2007 (19+ years old) and is registered under CIN U72200TG2007PTC056409.
Wave 9 IT Solutions has 3 current directors:
- Chendu Panguluri - Director
- Sunelkumar Kancharla - Director
- Lakshmi Devi Muppala - Director
The latest financial statements of Wave 9 IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wave 9 IT Solutions is U72200TG2007PTC056409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave 9 IT Solutions was incorporated on 22 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chendu Panguluri was appointed as Director on 28 May 2022. Chendu Panguluri ceased to be Director on 21 Jan 2021. Lakshmi Devi Muppala was appointed as Director on 02 Jan 2021. Wave 9 IT Solutions has 7 board changes on record in total.
Wave 9 IT Solutions can be reached through the website wave9itsolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Wave 9 IT Solutions is at H.No.6 – 3 – 111122 Ground Floor Opp.Swapna Nursing Home Nishatbagh Beg, Umpet, Hyderabad, Telangana, India – 500016.
Wave 9 IT Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Wave 9 IT Solutions is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.