WQ Systems India Private Limited
About WQ Systems India Private Limited
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WQ Systems India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 18 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27300MH1994PTC082128. Its GSTIN is 27AAACW0959K1ZZ (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Ashwin Harilal Sanghavi (Managing Director) and Bhadra Ashwin Sanghavi.
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 712 Swastik Disa Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Lakh (net margin 66.1%) and EBITDA of ₹3.32 Lakh (EBITDA margin 91.2%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 43% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
WQ Systems India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address712 Swastik Disa Corporate Park Op. Shreyas Cinema L B S Marg Ghatkopa, R (W), Mumbai, Maharashtra, India – 400086
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of WQ Systems India 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
Business activity
The main business activity of WQ Systems India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of WQ Systems India Private Limited, buy the company report.
Financials of WQ Systems India Private Limited
FY 2025 filings availableWQ Systems India Private Limited reported revenue of ₹3.64 Lakh (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 43%. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.32 Lakh | ||||
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| Net Profit (PAT) | ₹2.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 91.2% | ||||
| Net Profit Margin | 66.1% | ||||
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To see the full financial statements and ratios of WQ Systems India Private Limited, buy the company report.
Board of directors of WQ Systems India Private Limited
WQ Systems India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Harilal Sanghavi | Managing Director | 18 Oct 1994 | 32 Years 0 Months | Current |
| Bhadra Ashwin Sanghavi | Director | 18 Oct 1994 | 32 Years 0 Months | Current |
| Jayesh Ashwin Sanghavi | Director | 30 Jun 2015 | 11 Years 4 Months | Current |
Auditor
WQ Systems India Private Limited is audited by SHAH PATANI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH PATANI & ASSOCIATES | FY 2022 | 121252W |
Shareholding
The shareholding of WQ Systems 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of WQ Systems India Private Limited, buy the company report.
Legal cases
WQ Systems India Private Limited has 4 court cases on record: 4 filed by WQ Systems India. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (EXA) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CHOL) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against an individual | Disposed |
To see the full case history of WQ Systems India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for WQ Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
WQ Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW0959K1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of WQ Systems India Private Limited, buy the company report.
Recent activity
WQ Systems India Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Jayesh Ashwin Sanghavi ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
WQ Systems India is an active private limited company based in Mumbai, Maharashtra, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 18 October 1994 (32+ years old) and is registered under CIN U27300MH1994PTC082128.
WQ Systems India has 3 current directors:
- Ashwin Harilal Sanghavi - Managing Director
- Bhadra Ashwin Sanghavi - Director
- Jayesh Ashwin Sanghavi - Director
The latest financial statements of WQ Systems India 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 2015 are in the company report.
The GSTIN of WQ Systems India is 27AAACW0959K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of WQ Systems India is U27300MH1994PTC082128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WQ Systems India has 4 court cases on record: 4 filed by the company. 1 is pending.
WQ Systems India was incorporated on 18 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Jayesh Ashwin Sanghavi ceased to be Additional Director on 30 Sep 2015. Jayesh Ashwin Sanghavi was appointed as Director on 30 Jun 2015. Ashwin Harilal Sanghavi was appointed as Managing Director on 18 Oct 1994. WQ Systems India has 4 board changes on record in total.
The registered office of WQ Systems India is at 712 Swastik Disa Corporate Park Op. Shreyas Cinema L B S Marg Ghatkopa, R W, Mumbai, Maharashtra, India – 400086.
WQ Systems India operates in the telecom industry, in the telecom equipment and tech solutions segment.
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