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Dspworks Automation and Wireless Network Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.47 Cr
▲ 18% YoY
Net profit · FY 2024
₹20.86 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹35.31 Lakh
EBITDA margin 5.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.35 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
About Dspworks Automation and Wireless Network Solutions Private Limited
Data last updated:
Dspworks Automation and Wireless Network Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 22 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC317337. Its GSTIN is 27AAGCD9598K1ZR (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.35 Lakh. It is led by directors including Nitin Manilal Furia and Keskar Arvind Sanjeev.
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 C – 201 Pancharatna Chsl 5 Mulji Nagar Off Sv Road Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.47 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹20.86 Lakh (net margin 3.2%) and EBITDA of ₹35.31 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years.
The company is associated with 1 brand: DSPWorks. As per MCA filings, the company has open charges of ₹1 Cr on record. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.35 Cr; the latest was in July 2021.
Dspworks Automation and Wireless Network Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0021934). For more details, the company can be reached via its website dspworks.in.
Company details
CIN U74999MH2018PTC317337
Registration Number 317337
Incorporation Date 22 November 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0021934
Key People
Nitin Manilal Furia Director Keskar Arvind Sanjeev Director Vimal Madanlal Sharma Director Recognitions & Rankings of Dspworks Automation and Wireless Network Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0021934
Contact details
Dspworks Automation and Wireless Network Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is dspworks.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 201 Pancharatna Chsl 5 Mulji Nagar Off Sv Road Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Dspworks Automation and Wireless Network Solutions Private Limited, buy the company report.
Comprehensive company report
Dspworks Automation and Wireless Network Solutions 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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Brands
Dspworks Automation and Wireless Network Solutions operates one associated brand: DSPWorks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IoT solutions, wireless networks, and embedded systems for diverse industries. | dspworks.in |
Business activity
The main business activity of Dspworks Automation and Wireless Network Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Dspworks Automation and Wireless Network Solutions Private Limited, buy the company report.
Financials of Dspworks Automation and Wireless Network Solutions Private Limited
FY 2025 filings availableDspworks Automation and Wireless Network Solutions Private Limited reported revenue of ₹6.47 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹6.47 Cr ▲ 18%
Net profit · FY 2024
₹20.86 Lakh margin 3.2%
EBITDA · FY 2024
₹35.31 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 107%
EBITDA CAGR growth
1 year
▲ 472%
3 years · compounded
▲ 85%
5 years · compounded
▲ 68%
Revenue has grown at a compounded annual rate (CAGR) of 107% over three years, including 18% growth in the latest year. EBITDA rose 472% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹35.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.86 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Dspworks Automation and Wireless Network Solutions Private Limited, buy the company report.
Board of directors of Dspworks Automation and Wireless Network Solutions Private Limited
Dspworks Automation and Wireless Network Solutions has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Manilal Furia | Director | 27 Sep 2020 | 6 Years 1 Months | Current |
| Keskar Arvind Sanjeev Also directs: Tera6 Management Services LLP, Kues Innovations Private Limited, Hoags Technologies India Private Limited and 4 more | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Vimal Madanlal Sharma | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Akshay Ganeshlal Mishra | Director | 22 Nov 2018 | 7 Years 11 Months | Current |
| Kaushal Ashokbhai Parikh Also directs: Totem Design Studio LLP | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Dspworks Automation and Wireless Network Solutions Private Limited is audited by RVKS and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RVKS and Associates | FY 2022 | 008572S |
Shareholding
The shareholding of Dspworks Automation and Wireless Network Solutions Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dspworks Automation and Wireless Network Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2022 | 100673758 | State Bank of India | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Dspworks Automation and Wireless Network Solutions Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.35 Cr; the latest was in July 2021.
Total deals
3
Funding rounds
3
Disclosed funding
₹1.35 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹1.22 Cr | Investors: 4 individuals |
| Oct 2020 | Funding round | ₹4.6 Lakh | Investors: 4 individuals |
| Sep 2020 | Funding round | ₹9 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Dspworks Automation and Wireless Network Solutions 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 Dspworks Automation and Wireless Network Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dspworks Automation and Wireless Network Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD9598K1ZR | Maharashtra | Active | 28 Mar 2019 |
To see the full GST registrations and return filing status of Dspworks Automation and Wireless Network Solutions Private Limited, buy the company report.
Recent activity
Dspworks Automation and Wireless Network Solutions Private Limited has 11 board changes on record since 2018: 5 appointments and 6 cessations. The latest: Sangeeta Vimal Sharma ceased to be Director on 01 Jul 2025.
AGM
Dspworks Automation And Wireless Network Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sangeeta Vimal Sharma ceased to be Director.
Filing
Dspworks Automation And Wireless Network Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Vimal Madanlal Sharma ceased to be Additional Director.
Appointed
Vimal Madanlal Sharma was appointed as Director.
Ceased
Abhay Karandikar ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 100673758 was registered on 30 Dec 2022.
Ceased
Mohammed Fahad Mohammed Saeed Ansari ceased to be Director.
Ceased
Swapnil Shashikant Urankar ceased to be Director.
Ceased
Anup Mukundrao Deshmukh ceased to be Director.
Appointed
Kaushal Ashokbhai Parikh was appointed as Director.
Appointed
Nitin Manilal Furia was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Dspworks Automation and Wireless Network Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 22 November 2018 (8+ years old) and is registered under CIN U74999MH2018PTC317337.
Dspworks Automation and Wireless Network Solutions has 5 current directors:
- Nitin Manilal Furia - Director
- Keskar Arvind Sanjeev - Director
- Vimal Madanlal Sharma - Director
- Akshay Ganeshlal Mishra - Director
- Kaushal Ashokbhai Parikh - Director
The latest financial statements of Dspworks Automation and Wireless Network Solutions 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 FY 2019 are in the company report.
The GSTIN of Dspworks Automation and Wireless Network Solutions is 27AAGCD9598K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dspworks Automation and Wireless Network Solutions is U74999MH2018PTC317337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dspworks Automation and Wireless Network Solutions was incorporated on 22 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Dspworks Automation and Wireless Network Solutions has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.35 Cr; the latest was in July 2021.
Sangeeta Vimal Sharma ceased to be Director on 01 Jul 2025. Vimal Madanlal Sharma ceased to be Additional Director on 29 Sep 2024. Vimal Madanlal Sharma was appointed as Director on 18 Dec 2023. Dspworks Automation and Wireless Network Solutions has 11 board changes on record in total.
Yes, Dspworks Automation and Wireless Network Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dspworks Automation and Wireless Network Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0021934).
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