About Netwaves Broadband Private Limited
Data last updated:
Netwaves Broadband Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 31 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC096615. Its GSTIN is 24AAFCN5720Q1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pratik Patel and Arpit Kalpeshkumar Shah.
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 Plot No. R – 15 Sf – 14 Green City Sector – 26, Gandhinagar, Gujarat, India – 382028.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.21 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹36,651 (net margin 2.4%) and EBITDA of ₹94,566 (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
The company is associated with 1 brand: Netwaves.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netwaves.co.in.
Company details
Contact details
Netwaves Broadband Private Limited's registered office is in Gandhinagar, Gujarat. Its website is netwaves.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. R – 15 Sf – 14 Green City Sector – 26, Gandhinagar, Gujarat, India – 382028
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Netwaves Broadband Private Limited, buy the company report.
- 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
Brands
Netwaves Broadband operates one associated brand: Netwaves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a provider of reliable wireless internet services. | netwaves.co.in |
Business activity
The main business activity of Netwaves Broadband is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Netwaves Broadband Private Limited, buy the company report.
Financials of Netwaves Broadband Private Limited
FY 2025 filings availableNetwaves Broadband Private Limited reported revenue of ₹15.21 Lakh (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 13% fall in the latest year. EBITDA fell 6% 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 |
|---|---|---|---|---|---|
| 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 | ₹94,566 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36,651 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Netwaves Broadband Private Limited, buy the company report.
Board of directors of Netwaves Broadband Private Limited
Netwaves Broadband has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Patel | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Arpit Kalpeshkumar Shah | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
Netwaves Broadband Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fame Resource Private Limited | ₹15.21 Lakh (FY 2018) | 3.0% | Mumbai, Maharashtra, India | |||
| Growease Consulting Services (OPC) Private Limited | ₹15.21 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Revayu Projects Private Limited | ₹15.21 Lakh (FY 2025) | -87.0% | Noida, Uttar Pradesh, India | |||
| Netwaves Broadband Private Limitedthis company | ₹15.21 Lakh (FY 2024) | ₹36,651 | 2.4% | -13.0% | Gandhinagar, Gujarat, India | |
| Sensonix Systems Private Limited | ₹15.21 Lakh (FY 2025) | 17.0% | Delhi, India | |||
| R2r Utility Services Private Limited | ₹15.2 Lakh (FY 2023) | -8.0% | Kahalgaon, Bihar, India | |||
| IIT Alumni Startup Incubator Private Limited | ₹15.2 Lakh (FY 2025) | 89.0% | Noida, Uttar Pradesh, India | |||
| NLP Technologies Private Limited | ₹15.2 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Grey Affairs Private Limited | ₹15.2 Lakh (FY 2021) | 365.0% | Patna, Bihar, India |
To see the full peer comparison of Netwaves Broadband Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Netwaves Broadband 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 Netwaves Broadband Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netwaves Broadband has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCN5720Q1Z4 | Gujarat | Active | 03 May 2018 |
To see the full GST registrations and return filing status of Netwaves Broadband Private Limited, buy the company report.
Recent activity
Netwaves Broadband Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Arpit Kalpeshkumar Shah was appointed as Director on 31 Mar 2017.
Frequently asked questions
Netwaves Broadband is an active private limited company based in Gandhinagar, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 31 March 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC096615.
Netwaves Broadband has 2 current directors:
- Pratik Patel - Director
- Arpit Kalpeshkumar Shah - Director
The latest financial statements of Netwaves Broadband 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 2017 are in the company report.
The GSTIN of Netwaves Broadband is 24AAFCN5720Q1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Netwaves Broadband is U74999GJ2017PTC096615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netwaves Broadband was incorporated on 31 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Netwaves Broadband by revenue are Fame Resource Private Limited, Growease Consulting Services (OPC) Private Limited, Revayu Projects Private Limited, Sensonix Systems Private Limited, R2r Utility Services Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Arpit Kalpeshkumar Shah was appointed as Director on 31 Mar 2017. Pratik Patel was appointed as Director on 31 Mar 2017.
Netwaves Broadband can be reached through the website netwaves.co.in. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Netwaves Broadband is at Plot No. R – 15 Sf – 14 Green City Sector – 26, Gandhinagar, Gujarat, India – 382028.
Netwaves Broadband operates in the business services industry, in the other services segment.