Bright Westech Solution Private Limited

Bright Westech Solution Private Limited - consumer electronics & durables in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74993UP2017PTC099337 Incorporated 13 December 2017 ROC Kanpur HQ Varanasi, Uttar Pradesh, India
Active Private Limited Company consumer electronics and durables DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2024
₹33.29 Cr
▼ 55% YoY
Net loss · FY 2024
₹9.82 Cr
Net margin -29.5%
EBITDA · FY 2024
-₹7.35 Cr
EBITDA margin -22.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹20.8 Lakh
Issued & subscribed
Open charges
₹5.48 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Bright Westech Solution Private Limited

Data last updated:

Bright Westech Solution Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 December 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74993UP2017PTC099337. Its GSTIN is 09AAHCB5661Q1ZY (Uttar Pradesh). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20.8 Lakh. It is led by directors Dhanvijay Kumar Singh and Prem Kishan Singh.

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 150/3 Daulatpur Pandeypur Near Awas Vikash Park, Varanasi, Uttar Pradesh, India – 221001.

As per the financials filed for FY 2024, the company reported a revenue of ₹33.29 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹9.82 Cr (net margin -29.5%) and EBITDA of -₹7.35 Cr (EBITDA margin -22.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 50% over five years.

As per MCA filings, the company has open charges of ₹5.48 Cr on record. Court records list 77 cases involving the company, including 12 filed by the company and 65 filed against it; 50 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in May 2021. Its 6 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is G.T. Magnetics Private Limited with revenue of ₹33.67 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 24 overdue payments to 24 micro and small suppliers.

Bright Westech Solution Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0003922). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bwsindia.co.in.

Company details

CIN U74993UP2017PTC099337
Registration Number 099337
Incorporation Date 13 December 2017
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-UP-28-0003922

Recognitions & Rankings of Bright Westech Solution

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-UP-28-0003922

Contact details

Bright Westech Solution Private Limited's registered office is in Varanasi, Uttar Pradesh. Its website is bwsindia.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    150/3 Daulatpur Pandeypur Near Awas Vikash Park, Varanasi, Uttar Pradesh, India – 221001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Bright Westech Solution Private Limited, buy the company report.

Comprehensive company report
Bright Westech Solution 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Bright Westech Solution is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Bright Westech Solution Private Limited, buy the company report.

Financials of Bright Westech Solution Private Limited

FY 2024 filings available

Bright Westech Solution Private Limited reported revenue of ₹33.29 Cr (down 55% YoY) for FY 2024.

Revenue · FY 2024
₹33.29 Cr ▼ 55%
Net loss · FY 2024
₹9.82 Cr margin -29.5%
EBITDA · FY 2024
-₹7.35 Cr margin -22.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▲ 2%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▼ 487%
3 years · compounded
▼ 169%
5 years · compounded
▼ 162%

Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 487% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹7.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.82 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-22.1%
Net Profit Margin-29.5%
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 Bright Westech Solution Private Limited, buy the company report.

Board of directors of Bright Westech Solution Private Limited

Bright Westech Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhanvijay Kumar SinghDirector13 Dec 20178 Years 10 MonthsCurrent
Prem Kishan SinghDirector13 Dec 20178 Years 10 MonthsCurrent

Peer comparison

Bright Westech Solution Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
G.T. Magnetics Private Limited₹33.67 Cr (FY 2025)1.0%Noida, Uttar Pradesh, India
Sungarner Energies Limited₹33.64 Cr (FY 2025)88.0%New Delhi, Delhi, India
RPFC Electro Designing Private Limited₹33.52 Cr (FY 2021)530.0%New Delhi, Delhi, India
Omrox Green Power Private Limited₹33.42 Cr (FY 2025)33.0%Faizabad, Uttar Pradesh, India
Bright Westech Solution Private Limitedthis company₹33.29 Cr (FY 2024)-₹9.82 Cr-29.5%-55.0%Varanasi, Uttar Pradesh, India
Canara Lighting Industries Private Limited₹33.05 Cr (FY 2025)-35.0%Bangalore, Karnataka, India
Rama Technologies Private Limited₹32.98 Cr (FY 2025)219.0%Vasai, Maharashtra, India

To see the full peer comparison of Bright Westech Solution Private Limited, buy the company report.

Auditor

Bright Westech Solution Private Limited is audited by SANJY SRIVATAVA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJY SRIVATAVA & CO.FY 2023005343C

Shareholding

The shareholding of Bright Westech Solution Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bright Westech Solution Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 2023100718596Others₹46.52 LakhOpen
06 Feb 2023100676783Others₹4.96 CrOpen
18 Jun 2022100599363Others₹5.89 LakhOpen

Total charge records: 3 View all charges

Deals & funding

Bright Westech Solution Private Limited has 1 deal on record (1 rights issue); the latest was in May 2021.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
May 2021Rights issue₹20 LakhInvestors: 2 individuals

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

MSME payment delays

Bright Westech Solution Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 24 overdue payments to 24 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 24)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Ymd Electromac India
Dhan Laminates Private Limited
an individual supplier

To see the full MSME payment records of Bright Westech Solution Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Bright Westech Solution has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
09AAHCB5661Q1ZYUttar PradeshActive13 Jan 2018
05AAHCB5661Q1Z6UttarakhandActive05 Jan 2023

To see the full GST registrations and return filing status of Bright Westech Solution Private Limited, buy the company report.

Recent activity

Bright Westech Solution Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Jiang Zhongwei ceased to be Additional Director on 31 Dec 2021.

AGM
Bright Westech Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bright Westech Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100718596 was registered on 25 Mar 2023.
Charges
A charge with Others amounted to Rs. 4.96 Cr with Charge ID 100676783 was registered on 06 Feb 2023.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100599363 was registered on 18 Jun 2022.
Ceased
Jiang Zhongwei ceased to be Additional Director.
Ceased
Piyush Gahalaut ceased to be Additional Director.
Appointed
Dhanvijay Kumar Singh was appointed as Director.
Appointed
Prem Kishan Singh was appointed as Director.
Incorporation
13 Dec 2017
Bright Westech Solution Private Limited was registered on 13 Dec 2017 with Roc Kanpur & aged 8 years 10 months as per MCA records.

Frequently asked questions

Bright Westech Solution is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 December 2017 (9+ years old) and is registered under CIN U74993UP2017PTC099337.

Bright Westech Solution has 2 current directors:

The latest financial statements of Bright Westech Solution 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 FY 2018 are in the company report.

The GSTIN of Bright Westech Solution is 09AAHCB5661Q1ZY, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 05AAHCB5661Q1Z6 (Uttarakhand).

The CIN (Corporate Identification Number) of Bright Westech Solution is U74993UP2017PTC099337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bright Westech Solution has 77 court cases on record: 12 filed by the company and 65 filed against it. 50 are pending. Most are in the district courts.

Bright Westech Solution was incorporated on 13 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.

Bright Westech Solution has 1 deal on record (1 rights issue); the latest was in May 2021.

The peers of Bright Westech Solution by revenue are G.T. Magnetics Private Limited, Sungarner Energies Limited, RPFC Electro Designing Private Limited, Omrox Green Power Private Limited, Canara Lighting Industries Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Jiang Zhongwei ceased to be Additional Director on 31 Dec 2021. Piyush Gahalaut ceased to be Additional Director on 07 Sep 2018. Dhanvijay Kumar Singh was appointed as Director on 13 Dec 2017. Bright Westech Solution has 4 board changes on record in total.

Yes, Bright Westech Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Bright Westech Solution is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0003922).