About Waves Aircon
Waves Aircon is an Industrial Goods & Manufacturing company based in Bhiwadi (India) founded in 1997. HVAC equipment manufacturing and supply, serving industries with air management systems. The company has 344 employees. Its Indian entity Waves Aircon Private Limited reported revenue of ₹155 Cr. Waves Aircon offers products and services including Air Handling Unit and Air Ducts. Its focus areas include Construction, Building Services, Ventilation Components and Ducts and Washers.
Company details
Waves Aircon Pvt. Ltd. has been operational since 1997, where high-value projects in air management systems are delivered with an emphasis on communication and detail. It is recognized for its ISO 9001-2015 certification, and customized products such as air handling units and ducts are provided to meet industry standards. Various industries, including commercials and hospitals, are served, with innovation maintained through quality management and after-sales support to ensure reliable performance.
- Headquarters Bhiwadi, India
- Employees 344
- SectorsIndustrial Goods & Manufacturing
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- Legal Name Waves Aircon Pvt. Ltd
- Date of Incorporation 20 Sep, 2002
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹155 Cr
FY 2025 · +6% YoY
- Net Profit₹1.94 Cr
FY 2025 · 1% margin
- EBITDA₹15.06 Cr
FY 2025 · 10% margin
- Employee Count344
Associated legal entities of Waves Aircon
Waves Aircon operates through Waves Aircon Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Waves Aircon Private Limited CIN U00000HR2002PTC058625 | Active | 20 Sep 2002 | Gurgaon, Haryana | ₹155 Cr | 344 | 5 | View details |
Products & Services of Waves Aircon
Waves Aircon offers a comprehensive portfolio of products and services, including Air Handling Unit and Air Ducts.
Air handling units are provided for clean and optimized air supply in various settings.
Air ducts are supplied in materials like aluminum and stainless steel for efficient air distribution.
Apps and channels of Waves Aircon
its YouTube channel waves Aircon has 48 subscribers and 4 videos.
Videos from Waves Aircon
The most watched videos on Waves Aircon's YouTube channel, waves Aircon (48 subscribers). Click a video to play it here.
More on waves Aircon.
Board of directors of Waves Aircon Private Limited (Waves Aircon)
Waves Aircon Private Limited is the primary company behind Waves Aircon. The board of Waves Aircon Private Limited currently have 5 directors; the longest-serving is Piare Lal Anand, appointed in 2002. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piare Lal Anand DIN 00339643 | Director | 20 Sep 2002 | 24 yrs 1 mo | Waves Aircon Private Limited |
| Inderjit Anand DIN 00339692 | Director | 20 Sep 2002 | 24 yrs 1 mo | Waves Aircon Private Limited |
| Vijay Anand DIN 00339591 | Director | 20 Sep 2002 | 24 yrs 1 mo | Waves Aircon Private Limited |
| Meenakshi Anand DIN 07114269 | Director | 04 Mar 2015 | 11 yrs 7 mo | Waves Aircon Private Limited |
| Simmi Anand DIN 07114273 | Director | 04 Mar 2015 | 11 yrs 7 mo | Waves Aircon Private Limited |
Financials of Waves Aircon
Figures of Waves Aircon Private Limited, the primary company behind Waves Aircon, for FY 2025. Revenue was ₹155 Cr (+6% year on year). Net profit was ₹1.94 Cr (1% margin). EBITDA was ₹15.06 Cr (10% margin). Revenue has grown at a compounded annual rate of +11% over three years and +16% over five years.
- ₹155 CrRevenue · FY 2025 · +6% YoY
- ₹1.94 CrNet profit · 1% margin
- ₹15.06 CrEBITDA · 10% margin
- ₹4.78 CrPaid-up capital
- 344Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Waves Aircon Private Limited are on its company page.
Detailed financial statements for Waves Aircon
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Top companies in Industrial HVAC Systems
2 companies that operate in the same segment as Waves Aircon (Industrial HVAC Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial refrigeration systems and related products are manufactured. | 1993 | Ahmedabad, Gujarat, India | USD 71.2 M | 161 | ||
Aluminum and copper fin-and-tube heat exchangers are manufactured. | 2017 | Neemrana, Rajasthan, India | USD 63.95 M | 648 |
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Frequently Asked Questions about Waves Aircon
Waves Aircon was founded in 1997.
Waves Aircon is headquartered in Bhiwadi, India. It is registered at Bhiwadi, Rajasthan, India.
Waves Aircon has 344 employees.
The primary company behind Waves Aircon, Waves Aircon Private Limited, reported revenue of ₹155 Cr for FY 2025, up 6% year on year.
Waves Aircon Pvt. Ltd. has been operational since 1997, where high-value projects in air management systems are delivered with an emphasis on communication and detail. It is recognized for its ISO 9001-2015 certification, and customized products such as air handling units and ducts are provided to meet industry standards. Various industries, including commercials and hospitals, are served, with innovation maintained through quality management and after-sales support to ensure reliable performance.
Waves Aircon offers Air Handling Unit and Air Ducts.
Waves Aircon operates through Waves Aircon Private Limited.
The legal entities of Waves Aircon currently have 5 directors, including Piare Lal Anand, Inderjit Anand, Vijay Anand and others.