Microwave Communications Limited
About Microwave Communications Limited
Data last updated:
Microwave Communications Limited is a public limited company based in New Delhi, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64202DL1992PLC047750. Its GSTIN is 07AAACM3430B1Z6 (Delhi). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹37.5 Cr. It is led by directors including Bharat Bhushan Chugh (Whole-Time Director) and Nawratan Mal Bengani.
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 8 Commercial Complex 1st Floor Greater Kailash II Masjid Moth, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.29 Cr (net margin 97.3%) and EBITDA of ₹10.36 Cr (EBITDA margin 97.9%). Revenue has grown at a compounded annual rate (CAGR) of 306% over three years and 118% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.54 Cr and satisfied charges of ₹55.63 Cr on record. Court records list 15 cases involving the company, including 5 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address8 Commercial Complex 1st Floor Greater Kailash II Masjid Moth, New Delhi, Delhi, India – 110048
- IndustryBusiness Outsourcing, Business & IT Consulting, Business Process Outsourcing
- 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
Financials of Microwave Communications Limited FY 2025 filings available
Microwave Communications Limited reported revenue of ₹10.58 Cr (up 492% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Microwave Communications Limited
Revenue has grown at a compounded annual rate (CAGR) of 118% over five years, including 492% growth in the latest year. EBITDA rose 693% 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 Microwave Communications Limited
| 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 | ₹10.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.29 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Microwave Communications Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 97.3% | •••• | •••• | •••• | •••• |
| 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 Microwave Communications 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 Microwave Communications Limited
Microwave Communications Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Communications, Consulting Services, Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jamish Investment Private Limited | ₹10.62 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Dataflix Technologies Private Limited | ₹10.61 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Cookiejar Technologies Private Limited | ₹10.61 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Maven Resources Private Limited | ₹10.61 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Subcont Surveyors Private Limited | ₹10.59 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Navi Mumbai, Maharashtra, India |
| Microwave Communications Limited this company | ₹10.58 Cr (FY 2025) | •••• | •••• | 492.0% | •••• | New Delhi, Delhi, India |
| Eli Research India Private Limited | ₹10.58 Cr (FY 2024) | •••• | •••• | -63.0% | •••• | New Delhi, Delhi, India |
| Innoviar Solutions Private Limited | ₹10.58 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Bubna Marketing Services Pvt Ltd | ₹10.57 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Mumbai, Maharashtra, India |
| Trans Asia Consultants Pvt Ltd | ₹10.57 Cr (FY 2023) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| In-Country Logistics Private Limited | ₹10.57 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Microwave Communications by revenue in the Outsourcing industry (Communications, Consulting Services, Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Microwave Communications Limited
Microwave Communications Limited is audited by Oswal Sunil & Company for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Oswal Sunil & Company | 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 Microwave Communications Limited
Microwave Communications has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nawratan Mal Bengani Also directs: Moneta Finance Private Limited, Arizona Ventures Private Limited, Parmesh Finlease Limited and 1 more | Director | 12 Jan 2005 | 21 Years 8 Months | Current |
| Suresh Bohra Also directs: Devoted Construction Limited, Blueblood Ventures Limited, Bohra Industrial Resources Private Limited and 5 more | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
| Bharat Bhushan Chugh | Whole-Time Director | 02 Apr 2009 | 17 Years 6 Months | Current |
| Dharmendra Kumar Also directs: Arizona Ventures Private Limited, Parmesh Finlease Limited, Vardhman Poly Products Private Limited and 5 more | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Microwave Communications Limited
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 Microwave Communications Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 1995 | Credit Lyonnais | ₹5 Cr | Open |
| 02 Sep 1995 | The Vysya Bank Ltd. | ₹5.54 Cr | Open |
| 09 Aug 1995 | The Vysya Bank Ltd. | ₹4 Cr | Open |
| 03 Aug 1995 | The Vysya Bank Ltd. | ₹2 Cr | Open |
| 18 Jun 1999 | Industrial Development Bank of India | ₹25 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Microwave Communications Limited
Microwave Communications Limited has 15 court cases on record: 5 filed by Microwave Communications, 10 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 0 |
| District courts | 7 | 4 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Credit Agricole Corporate and Investment Bank & Ors | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by Chitra Publicity Company, A Partnership Firm | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Chitra Publicity Company, A Partnership Firm | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Chitra Publicity Company, A Partnership Firm | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax (Central)-Iii | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Microwave Communications Limited
Microwave Communications Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Oswal Sunil & Company | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Microwave Communications Limited
Microwave Communications Limited has a workforce of 2 employees as of Apr 09, 2024.
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.
Recent Activity on Microwave Communications Limited
Microwave Communications Limited has 10 board changes on record since 2005: 4 appointments and 6 cessations. The latest: Bharat Bhushan Chugh ceased to be Director on 01 Dec 2017.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Microwave Communications Limited
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.
Subsidiaries & Group Companies of Microwave Communications Limited
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 Microwave Communications Limited
Microwave Communications has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM3430B1Z6 | Delhi | Active | 01 Jul 2017 |
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 Microwave Communications Limited
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 Microwave Communications Limited
Microwave Communications is an active public limited company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 February 1992 (34+ years old) and is registered under CIN U64202DL1992PLC047750.
Microwave Communications reported revenue of ₹10.58 Cr for FY 2025 (up 492% YoY).
Microwave Communications has 4 current directors:
- Bharat Bhushan Chugh - Whole-Time Director
- Nawratan Mal Bengani - Director
- Suresh Bohra - Director
- Dharmendra Kumar - Director
Microwave Communications reported a net profit of ₹10.29 Cr (net margin 97.3%) and EBITDA of ₹10.36 Cr (EBITDA margin 97.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Microwave Communications is 306% over three years and 118% over five years. In the latest year (FY 2025) revenue rose 492%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Microwave Communications is 07AAACM3430B1Z6, registered in Delhi. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Microwave Communications is U64202DL1992PLC047750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microwave Communications has 15 court cases on record: 5 filed by the company and 10 filed against it. Most are in the high courts.
Microwave Communications was incorporated on 25 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Microwave Communications by revenue are Jamish Investment Private Limited, Dataflix Technologies Private Limited, Cookiejar Technologies Private Limited, Maven Resources Private Limited, Subcont Surveyors Private Limited and 5 more, all in the Outsourcing industry (Communications, Consulting Services, Diversified BPO).
Bharat Bhushan Chugh ceased to be Director on 01 Dec 2017. Kamal Kumar Sharma ceased to be Director on 17 Mar 2017. Dharmendra Kumar ceased to be Additional Director on 30 Sep 2015. Microwave Communications has 10 board changes on record in total.
Microwave Communications has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Apr 2020.