MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0028243
We Create Infotech Private Limited
We Create Infotech Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.38 Lakh
▼ 91% YoY
Net loss · FY 2024
₹49.29 Lakh
Net margin -241.9%
EBITDA · FY 2024
-₹40.15 Lakh
EBITDA margin -197%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About We Create Infotech Private Limited
Data last updated:
We Create Infotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC269319. Its GSTIN is 27AABCW7147E1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Justin Ethelwin Fernandes and Ethelwin Dhanraj Thomas.
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 A – 202 Shubham Centre No:1 Chakala Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.38 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹49.29 Lakh (net margin -241.9%) and EBITDA of -₹40.15 Lakh (EBITDA margin -197%). Revenue has grown at a compounded annual rate (CAGR) of 191% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
We Create Infotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0028243). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900MH2015PTC269319
Registration Number 269319
Incorporation Date 16 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0028243
Recognitions & Rankings of We Create Infotech
Contact details
We Create Infotech Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 202 Shubham Centre No:1 Chakala Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of We Create Infotech Private Limited, buy the company report.
Comprehensive company report
We Create Infotech 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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Business activity
The main business activity of We Create Infotech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of We Create Infotech Private Limited, buy the company report.
Financials of We Create Infotech Private Limited
FY 2024 filings availableWe Create Infotech Private Limited reported revenue of ₹20.38 Lakh (down 91% YoY) for FY 2024.
Revenue · FY 2024
₹20.38 Lakh ▼ 91%
Net loss · FY 2024
₹49.29 Lakh margin -241.9%
EBITDA · FY 2024
-₹40.15 Lakh margin -197%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▲ 191%
EBITDA CAGR growth
1 year
▼ 377%
3 years · compounded
▼ 418%
5 years · compounded
▼ 265%
Revenue fell 91% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 191%. EBITDA fell 377% 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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| Total Expenses | |||||
| EBITDA | -₹40.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | -197% | ||||
| Net Profit Margin | -241.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 We Create Infotech Private Limited, buy the company report.
Board of directors of We Create Infotech Private Limited
We Create Infotech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Justin Ethelwin Fernandes | Director | 16 Oct 2015 | 11 Years 0 Months | Current |
| Ethelwin Dhanraj Thomas | Director | 07 Nov 2020 | 6 Years 0 Months | Current |
Peer comparison
We Create Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarthak Traders Pvt Ltd | ₹20.39 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Altalux International Exports & Imports Private Limited | ₹20.39 Lakh (FY 2024) | -65.0% | Ghaziabad, Uttar Pradesh, India | |||
| Failecien Retail Private Limited | ₹20.39 Lakh (FY 2017) | Hyderabad, Telangana, India | ||||
| Gypsy Granary Hub Marketing Private Limited | ₹20.39 Lakh (FY 2022) | 7.0% | Burdwan, West Bengal, India | |||
| Starlin Equipments Private Limited | ₹20.38 Lakh (FY 2018) | 1.0% | Pune, Maharashtra, India | |||
| We Create Infotech Private Limitedthis company | ₹20.38 Lakh (FY 2024) | -₹49.29 Lakh | -241.9% | -91.0% | Mumbai, Maharashtra, India | |
| Starmet Pharmaceuticals Private Limited | ₹20.38 Lakh (FY 2024) | -14.0% | Mirzapur, Uttar Pradesh, India | |||
| Rays Medical System Private Limited | ₹20.37 Lakh (FY 2018) | 7.0% | Sonipat, Haryana, India | |||
| Anuradha Black Carbon Private Limited | ₹20.37 Lakh (FY 2024) | 361.0% | Mundera, Uttar Pradesh, India | |||
| Sutejas Electrical Solutions Private Limited | ₹20.37 Lakh (FY 2020) | -65.0% | Delhi, India | |||
| Pagsolutions Private Limited | ₹20.37 Lakh (FY 2025) | -24.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of We Create Infotech Private Limited, buy the company report.
Auditor
We Create Infotech Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARLES & CHANDRASEKAR | FY 2021 | 005759S |
Shareholding
The shareholding of We Create Infotech Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of We Create Infotech Private Limited, buy the company report.
Legal cases
We Create Infotech Private Limited has 1 court case on record: 1 filed by We Create Infotech. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Aws Shipping and Logistics Pvt Ltd and 2 others | Pending |
To see the full case history of We Create Infotech Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for We Create Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
We Create Infotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW7147E1Z9 | Maharashtra | Active | 28 Dec 2020 |
To see the full GST registrations and return filing status of We Create Infotech Private Limited, buy the company report.
Recent activity
We Create Infotech Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Sandhya Justin Fernandes ceased to be Director on 10 Jun 2021.
AGM
We Create Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
We Create Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Sandhya Justin Fernandes ceased to be Director.
Appointed
Ethelwin Dhanraj Thomas was appointed as Director.
Appointed
Justin Ethelwin Fernandes was appointed as Director.
Incorporation
16 Oct 2015
We Create Infotech Private Limited was registered on 16 Oct 2015 with Roc Mumbai I & aged 11 years 27 days as per MCA records.
Frequently asked questions
We Create Infotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 October 2015 (11+ years old) and is registered under CIN U72900MH2015PTC269319.
We Create Infotech has 2 current directors:
- Justin Ethelwin Fernandes - Director
- Ethelwin Dhanraj Thomas - Director
The latest financial statements of We Create Infotech 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 2016 are in the company report.
The GSTIN of We Create Infotech is 27AABCW7147E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of We Create Infotech is U72900MH2015PTC269319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Create Infotech has 1 court case on record: 1 filed by the company. 1 is pending.
We Create Infotech was incorporated on 16 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of We Create Infotech by revenue are Sarthak Traders Pvt Ltd, Altalux International Exports & Imports Private Limited, Failecien Retail Private Limited, Gypsy Granary Hub Marketing Private Limited, Starlin Equipments Private Limited and 5 more, all in the same principal business activity (retail trading).
Sandhya Justin Fernandes ceased to be Director on 10 Jun 2021. Ethelwin Dhanraj Thomas was appointed as Director on 07 Nov 2020. Justin Ethelwin Fernandes was appointed as Director on 16 Oct 2015.
Yes, We Create Infotech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0028243).
The registered office of We Create Infotech is at A – 202 Shubham Centre No:1 Chakala Andheri East, Mumbai, Maharashtra, India – 400093.
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