Kwalee India Private Limited

Kwalee India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2020FTC137554 Incorporated 22 August 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹44.58 Cr
▲ 11% YoY
Net profit · FY 2025
₹4.34 Cr
Net margin 9.7%
EBITDA · FY 2025
₹7.87 Cr
EBITDA margin 17.7%
Authorised capital
₹8.98 Cr
Registered with MCA
Paid-up capital
₹8.98 Cr
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
205
Provident fund records

About Kwalee India Private Limited

Data last updated:

Kwalee India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Kwalee Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC137554. Its GSTIN is 29AAICK2541D1ZO (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹8.98 Cr and a paid-up capital of ₹8.98 Cr. It is led by directors including David Darling and Rafeeulla Shariff.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹44.58 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.34 Cr (net margin 9.7%) and EBITDA of ₹7.87 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.

The company has about 205 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

For more details, the company can be reached via its website kwalee.com.

Company details

CIN U72900KA2020FTC137554
Registration Number 137554
Incorporation Date 22 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kwalee Ltd

Contact details

Kwalee India Private Limited's registered office is in Bangalore, Karnataka. Its website is kwalee.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    10th Floor Prestige Trinity Center Number 4, Gear School Road Adarsh Palm Retreat Doddakaneli, Bangalore, Karnataka, India – 560087
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Kwalee India Private Limited, buy the company report.

Comprehensive company report
Kwalee India 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 Kwalee India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Kwalee India Private Limited, buy the company report.

Financials of Kwalee India Private Limited

FY 2025 filings available

Kwalee India Private Limited reported revenue of ₹44.58 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹44.58 Cr ▲ 11%
Net profit · FY 2025
₹4.34 Cr margin 9.7%
EBITDA · FY 2025
₹7.87 Cr margin 17.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 11% growth in the latest year. EBITDA rose 3% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹7.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.34 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17.7%
Net Profit Margin9.7%
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

To see the full financial statements and ratios of Kwalee India Private Limited, buy the company report.

Board of directors of Kwalee India Private Limited

Kwalee India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
David DarlingDirector22 Aug 20206 Years 2 MonthsCurrent
Rafeeulla ShariffDirector23 Jun 20233 Years 4 MonthsCurrent
Jason FalcusDirector26 Sep 20251 Years 1 MonthsCurrent

Auditor

Kwalee India Private Limited is audited by Guru Jana & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Guru Jana & AssociatesFY 2023025194S

Shareholding

The shareholding of Kwalee India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kwalee India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2021100503170The Hongkong and Shanghai Banking Corporation Limited₹25 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kwalee India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Kwalee India Private Limited has a workforce of 205 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
205
Active EPFO establishments
1
Employee growth
28.12%

GST

Kwalee India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAICK2541D1ZOKarnatakaActive16 Oct 2020

To see the full GST registrations and return filing status of Kwalee India Private Limited, buy the company report.

Recent activity

Kwalee India Private Limited has 9 board changes on record since 2020: 4 appointments and 5 cessations. The latest: Jason Falcus ceased to be Additional Director on 29 Sep 2025.

AGM
Kwalee India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Jason Falcus ceased to be Additional Director.
Appointed
Jason Falcus was appointed as Director.
Filing
Kwalee India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Matthew James Farrow ceased to be Additional Director.
Ceased
Rafeeulla Shariff ceased to be Additional Director.
Appointed
Rafeeulla Shariff was appointed as Director.
Ceased
Thomas Liam Aherne ceased to be Director.
Appointed
Matthew James Farrow was appointed as Director.
Ceased
Lalit Sharma ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.25 Cr with Charge ID 100503170 was registered on 28 Sep 2021.
Appointed
David Darling was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Kwalee India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 August 2020 (6+ years old) and is registered under CIN U72900KA2020FTC137554.

Kwalee India has 3 current directors:

The latest financial statements of Kwalee 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 FY 2021 are in the company report.

The GSTIN of Kwalee India is 29AAICK2541D1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Kwalee India is U72900KA2020FTC137554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kwalee India has 1 court case on record: 1 filed against it.

Kwalee India was incorporated on 22 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Jason Falcus ceased to be Additional Director on 29 Sep 2025. Jason Falcus was appointed as Director on 26 Sep 2025. Matthew James Farrow ceased to be Additional Director on 17 Sep 2023. Kwalee India has 9 board changes on record in total.

Kwalee India can be reached through the website kwalee.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Kwalee India is at 10th Floor Prestige Trinity Center Number 4, Gear School Road Adarsh Palm Retreat Doddakaneli, Bangalore, Karnataka, India – 560087.