
Wiwa Spray Systems Private Limited
About Wiwa Spray Systems Private Limited
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Wiwa Spray Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Baccarose Perfumes And Beauty Products Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1992PTC013249.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹7.07 Lakh. It is led by directors including Kadambari Devendra Lakhani and Laxman Antu Patil.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No.315 3rd Floor Raheja Chambers 12 Museum Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹71,150, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹40,730 (net margin 57.2%) and EBITDA of -₹90 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Wiwa Spray Systems has one previous CIN (Corporate Identification Number): U85110KA1992PLC013249. The current CIN is U85110KA1992PTC013249, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1992PTC013249 | Current |
| U85110KA1992PLC013249 | Previous |
Contact details
Wiwa Spray Systems Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No.315 3rd Floor Raheja Chambers 12 Museum Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Wiwa Spray Systems Private Limited, buy the company report.
- 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
Financials of Wiwa Spray Systems Private Limited
FY 2025 filings availableWiwa Spray Systems Private Limited reported revenue of ₹71,150 (down 67% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 67% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹71,150 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹90 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40,730 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | 57.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wiwa Spray Systems Private Limited, buy the company report.
Board of directors of Wiwa Spray Systems Private Limited
Wiwa Spray Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kadambari Devendra Lakhani | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Laxman Antu Patil | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Arasu Venugopalan | Director | 27 May 2002 | 24 Years 5 Months | Current |
Shareholding
The shareholding of Wiwa Spray Systems Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wiwa Spray Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wiwa Spray Systems 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 Wiwa Spray Systems 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 Wiwa Spray Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wiwa Spray Systems Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Chaitanya Shamaldas Mody ceased to be Director on 24 Nov 2023.
Frequently asked questions
Wiwa Spray Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 June 1992 (34+ years old) and is registered under CIN U85110KA1992PTC013249.
Wiwa Spray Systems has 3 current directors:
- Kadambari Devendra Lakhani - Director
- Laxman Antu Patil - Director
- Arasu Venugopalan - Director
The latest financial statements of Wiwa Spray Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wiwa Spray Systems is U85110KA1992PTC013249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wiwa Spray Systems was incorporated on 17 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Chaitanya Shamaldas Mody ceased to be Director on 24 Nov 2023. Kadambari Devendra Lakhani was appointed as Director on 14 Sep 2023. Laxman Antu Patil was appointed as Director on 14 Sep 2023. Wiwa Spray Systems has 6 board changes on record in total.
The registered office of Wiwa Spray Systems is at Unit No.315 3rd Floor Raheja Chambers 12 Museum Road, Bangalore, Karnataka, India – 560001.
Wiwa Spray Systems operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Wiwa Spray Systems is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
Wiwa Spray Systems can be reached at its registered office: Unit No.315 3rd Floor Raheja Chambers 12 Museum Road, Bangalore, Karnataka, India – 560001.

