Works Applications (India) Private Limited

Works Applications (India) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72200TN2000PTC045854 Incorporated 05 October 2000 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹36.61 Cr
▼ 6% YoY
Net loss · FY 2025
₹1.93 Cr
Net margin -5.3%
EBITDA · FY 2025
₹1.15 Cr
EBITDA margin 3.1%
Authorised capital
₹15.9 Cr
Registered with MCA
Paid-up capital
₹60.76 Lakh
Issued & subscribed
Company age
26 yrs
Est. 2000
Employees · EPFO
215
Provident fund records
Directors on board
3
As per MCA filings

About Works Applications (India) Private Limited

Data last updated:

Works Applications (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Works Application Co., Ltd., Japan Works Application Company Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 October 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2000PTC045854. Its GSTIN is 33AAACI7550A1Z4 (Tamil Nadu).

The company has an authorised share capital of ₹15.9 Cr and a paid-up capital of ₹60.76 Lakh. It was formerly known as Habo Soft Private Limited. It is led by directors including Rengaswamy Jeyaraman Karthickraj (Managing Director) and Eiji Tsuchiya.

Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹36.61 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.93 Cr (net margin -5.3%) and EBITDA of ₹1.15 Cr (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 35% over five years.

The company has about 215 employees on its provident fund (EPFO) records.

Court records list 13 cases involving the company, including 13 filed by the company; 4 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.88 Cr; the latest was in May 2016. Its 5 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Estuate Software Private Limited with revenue of ₹37.02 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 12 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivtlinfoview.com.

Company details

CIN U72200TN2000PTC045854
Registration Number 045854
Incorporation Date 05 October 2000
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Works Application Co., Ltd., Japan Works Application Company Limited
Compliance Status Active Compliant

Name history

Works Applications (India) has undergone 2 name changes throughout its history. The company was previously known as Habo Soft Private Limited, and Works Applications (India) Private Limited. The current legal name is Works Applications (India) Private Limited.

Company NameStatus
Works Applications (India) Private LimitedCurrent
Habo Soft Private LimitedPrevious

Contact details

Works Applications (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ivtlinfoview.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3F Melaram Vishranthi Towers 2/319 Rajiv Gandhi Salai (Omr) Karapak, Kam, Chennai, Tamil Nadu, India – 600097
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Works Applications (India) Private Limited, buy the company report.

Comprehensive company report
Works Applications (India) 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 Works Applications (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Works Applications (India) Private Limited, buy the company report.

Financials of Works Applications (India) Private Limited

FY 2025 filings available

Works Applications (India) Private Limited reported revenue of ₹36.61 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹36.61 Cr ▼ 6%
Net loss · FY 2025
₹1.93 Cr margin -5.3%
EBITDA · FY 2025
₹1.15 Cr margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 23%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▲ 119%
3 years · compounded
▲ 45%
5 years · compounded
▼ 52%

Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 6% fall in the latest year. EBITDA rose 119% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.93 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.1%
Net Profit Margin-5.3%
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

To see the full financial statements and ratios of Works Applications (India) Private Limited, buy the company report.

Board of directors of Works Applications (India) Private Limited

Works Applications (India) has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Eiji TsuchiyaDirector23 Apr 201511 Years 6 MonthsCurrent
Rengaswamy Jeyaraman KarthickrajManaging Director25 Mar 20215 Years 7 MonthsCurrent
Osamu HataDirector22 Sep 20215 Years 1 MonthsCurrent

Peer comparison

Works Applications (India) Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Estuate Software Private Limited₹37.02 Cr (FY 2025)22.0%Bangalore, Karnataka, India
Wizni Software Private Limited₹36.83 Cr (FY 2025)27.0%Delhi, India
Works Applications (India) Private Limitedthis company₹36.61 Cr (FY 2025)-₹1.93 Cr-5.3%-6.0%215Chennai, Tamil Nadu, India
Qed42 Engineering Private Limited₹36.53 Cr (FY 2025)3.0%Pune, Maharashtra, India
Sysveda Information Technology Private Limited₹36.49 Cr (FY 2025)43.0%Chennai, Tamil Nadu, India
Reval India Private Limited₹36.42 Cr (FY 2025)12.0%Pune, Maharashtra, India

To see the full peer comparison of Works Applications (India) Private Limited, buy the company report.

Auditor

Works Applications (India) Private Limited is audited by T Selvaraj & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
T Selvaraj & CoFY 2023003703S

Shareholding

The shareholding of Works Applications (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Works Applications (India) Private Limited, buy the company report.

Deals & funding

Works Applications (India) Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.88 Cr; the latest was in May 2016.

Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹19.88 Cr

Deals on record (5 of 7)

WhenDealAmountParties
May 2016Secondary share transferUndisclosedBuyer: Works Application Singapore Pte Limited, Works Applications Company Limited
Seller: an individual
May 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2015Funding round₹1.28 CrInvestors: Works Applications Company Limited
Apr 2015Secondary share transferUndisclosedBuyer: Works Applications Company Limited, an individual
Seller: 3 individuals
Mar 2008Funding round₹18.1 CrInvestors: Shripathee Investments Private Limited, Bull Investments Madras Private Limited , 2 individuals

To see the full deal history of Works Applications (India) Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Works Applications (India) Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 12)

SupplierAmount dueDue sinceReported on
an individual supplier
KSM Associates
Infra Networks and Solutions
Pentagon El-Mech Solutions (South) Private Limited
an individual supplier

To see the full MSME payment records of Works Applications (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Works Applications (India) Private Limited has a workforce of 215 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.

Employee count
215
Active EPFO establishments
2
Employee growth
-35.44%

GST

Works Applications (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACI7550A1Z4Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Works Applications (India) Private Limited, buy the company report.

Recent activity

Works Applications (India) Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Natesan Rajmohan ceased to be Additional Director on 22 Sep 2021.

AGM
Works Applications (India) Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
Works Applications (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Natesan Rajmohan ceased to be Additional Director.
Appointed
Osamu Hata was appointed as Director.
Ceased
Rengaswamy Jeyaraman Karthickraj ceased to be Additional Director.
Ceased
Eiji Tsuchiya ceased to be Managing Director.
Ceased
Osamu Hata ceased to be Director.
Ceased
Neduncheralathan Chandrasekaran ceased to be Managing Director.
Appointed
Rengaswamy Jeyaraman Karthickraj was appointed as Managing Director.
Ceased
Yoichiro Yatsurugi ceased to be Director.
Ceased
Subramania Natarajan ceased to be Whole-Time Director.
Ceased
Hiroyuki Komatsu ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Works Applications (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 October 2000 (26+ years old) and is registered under CIN U72200TN2000PTC045854.

Works Applications (India) has 3 current directors:

The latest financial statements of Works Applications (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Works Applications (India) is 33AAACI7550A1Z4, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Works Applications (India) is U72200TN2000PTC045854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Works Applications (India) has 13 court cases on record: 13 filed by the company. 4 are pending.

Works Applications (India) was incorporated on 05 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.

Works Applications (India) has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.88 Cr; the latest was in May 2016.

The peers of Works Applications (India) by revenue are Estuate Software Private Limited, Wizni Software Private Limited, Qed42 Engineering Private Limited, Sysveda Information Technology Private Limited, Reval India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).

Natesan Rajmohan ceased to be Additional Director on 22 Sep 2021. Osamu Hata was appointed as Director on 22 Sep 2021. Rengaswamy Jeyaraman Karthickraj ceased to be Additional Director on 22 Sep 2021. Works Applications (India) has 15 board changes on record in total.

Works Applications (India) has 6 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 12 micro and small suppliers. The latest return was filed on 05 May 2021.

Works Applications (India) can be reached through the website ivtlinfoview.com. Its registered office is in Chennai, Tamil Nadu, India.