Excel Waves Pvt Ltd
About Excel Waves Pvt Ltd
Data last updated:
Excel Waves Pvt Ltd is a private limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31502DL1996PTC343607.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹60.46 Lakh. It is led by directors Pramod Sharma and Ankit Modi.
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 Second Floor Plot No 10 G T Karnal Road Block C Sma Industrial Area, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹67,550, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹3,842 (net margin 5.7%) and EBITDA of ₹6,804 (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹17.82 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSecond Floor Plot No 10 G T Karnal Road Block C Sma Industrial Area, Delhi, India – 110033
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Excel Waves Pvt Ltd
The main business activity of Excel Waves is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Excel Waves Pvt Ltd FY 2025 filings available
Excel Waves Pvt Ltd reported revenue of ₹67,550 (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Excel Waves Pvt Ltd
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 20% 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 of Excel Waves Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹6,804 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3,842 | •••• | •••• | •••• | •••• |
| 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 of Excel Waves Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Excel Waves are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Excel Waves Pvt Ltd
Excel Waves Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Electronic Appliances Manufacturing, Pumps). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zolt Energy Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Cloudy Marketing Private Limited | •••• | •••• | •••• | •••• | - | Jalna, Maharashtra, India |
| Revismak Electronics Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Nalku Pumps Private Limited | •••• | •••• | •••• | •••• | - | Bharsingi, Maharashtra, India |
| Anoralux Industries Private Limited | •••• | •••• | •••• | •••• | - | Malad West, Maharashtra, India |
| Excel Waves Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Purti Green Technologies Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| V. M. D. Pumps Private Limited | •••• | •••• | •••• | •••• | - | Anoop Shahr, Uttar Pradesh, India |
| Kade Dham Innovation Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| S B Electricals and Equipments Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| VPM Electricals Private Limited | •••• | •••• | •••• | •••• | - | Sonepat, Haryana, India |
Peers are the five companies nearest above and the five nearest below Excel Waves by revenue in the Machinery and Equipment industry (Electronic Appliances Manufacturing, Pumps), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Excel Waves Pvt Ltd
Excel Waves Pvt Ltd is audited by R.K. TULI & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K. TULI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Excel Waves Pvt Ltd
Excel Waves has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Sharma | Director | 26 Nov 2011 | 14 Years 10 Months | Current |
| Ankit Modi | Director | 11 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Excel Waves Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Excel Waves Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2013 | Others | ₹17.82 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Excel Waves Pvt Ltd
Employment history and EPFO contributions of people linked to Excel Waves.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Excel Waves Pvt Ltd
Excel Waves has 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
CIN History of Excel Waves Pvt Ltd
Excel Waves has one previous CIN (Corporate Identification Number): U31502WB1996PTC080212. The current CIN is U31502DL1996PTC343607, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31502DL1996PTC343607 | Current |
| U31502WB1996PTC080212 | Previous |
Recent Activity on Excel Waves Pvt Ltd
Excel Waves Pvt Ltd has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Babu Lal Jain ceased to be Director on 14 Mar 2015.
Credit Ratings, Litigation & Regulatory Alerts for Excel Waves Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Excel Waves Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Excel Waves Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Excel Waves Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Excel Waves Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Excel Waves Pvt Ltd
Excel Waves is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 June 1996 (30+ years old) and is registered under CIN U31502DL1996PTC343607.
Excel Waves reported revenue of ₹67,550 for FY 2025 (down 28% YoY).
Excel Waves has 2 current directors:
- Pramod Sharma - Director
- Ankit Modi - Director
Excel Waves reported a net profit of ₹3,842 (net margin 5.7%) and EBITDA of ₹6,804 (EBITDA margin 10.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Excel Waves is 4% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Excel Waves is U31502DL1996PTC343607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Waves was incorporated on 26 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Excel Waves by revenue are Zolt Energy Private Limited, Cloudy Marketing Private Limited, Revismak Electronics Private Limited, Nalku Pumps Private Limited, Anoralux Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Electronic Appliances Manufacturing, Pumps).
Babu Lal Jain ceased to be Director on 14 Mar 2015. Hari Gupta ceased to be Director on 14 Mar 2015. Ankit Modi was appointed as Director on 11 Mar 2015. Excel Waves has 5 board changes on record in total.
The registered office of Excel Waves is at Second Floor Plot No 10 G T Karnal Road Block C Sma Industrial Area, Delhi, India – 110033.
Excel Waves has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹60.46 Lakh.