MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0016624
Qwave Soft Systems India Private Limited - information technology in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.65 Cr
▼ 24% YoY
Net loss · FY 2021
₹92.58 Lakh
Net margin -56.1%
EBITDA · FY 2021
-₹83.21 Lakh
EBITDA margin -50.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.98 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
2
of 3 registered
About Qwave Soft Systems India Private Limited
Data last updated:
Qwave Soft Systems India Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52392KL2013PTC033413. Its GSTIN is 32AAACQ3036B1Z7 (Kerala). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.98 Lakh. It is led by directors Syamala Bindu and Vadakemaliakalgopuvihar Parameswarannair Sasikumar.
Its last annual general meeting (AGM) was held on 25 February 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No XI/2D1 Chalakkara Paadam Road Kakkanad P.O, Kochi, Kerala, India – 682030.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.65 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹92.58 Lakh (net margin -56.1%) and EBITDA of -₹83.21 Lakh (EBITDA margin -50.4%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
The company is associated with 1 brand: Qwave. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Qwave Soft Systems India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0016624). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qwaveinc.com.
Company details
CIN U52392KL2013PTC033413
Registration Number 033413
Incorporation Date 27 February 2013
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 February 2022
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0016624
Recognitions & Rankings of Qwave Soft Systems India
Contact details
Qwave Soft Systems India Private Limited's registered office is in Kochi, Kerala. Its website is qwaveinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No XI/2D1 Chalakkara Paadam Road Kakkanad P.O, Kochi, Kerala, India – 682030
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Qwave Soft Systems India Private Limited, buy the company report.
Comprehensive company report
Qwave Soft Systems 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
Brands
Qwave Soft Systems India operates one associated brand: Qwave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering and hardware design services in electronics, focusing on signal integrity and PCB design. | qwaveinc.com |
Business activity
The main business activity of Qwave Soft Systems India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Qwave Soft Systems India Private Limited, buy the company report.
Financials of Qwave Soft Systems India Private Limited
FY 2021 filings availableQwave Soft Systems India Private Limited reported revenue of ₹1.65 Cr (down 24% YoY) for FY 2021.
Revenue · FY 2021
₹1.65 Cr ▼ 24%
Net loss · FY 2021
₹92.58 Lakh margin -56.1%
EBITDA · FY 2021
-₹83.21 Lakh margin -50.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 27%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 910%
3 years · compounded
▼ 38%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 24% fall in the latest year. EBITDA fell 910% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹83.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹92.58 Lakh | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.4% | ||||
| Net Profit Margin | -56.1% | ||||
| 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 Qwave Soft Systems India Private Limited, buy the company report.
Board of directors of Qwave Soft Systems India Private Limited
Qwave Soft Systems India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syamala Bindu | Director | 12 Oct 2019 | 7 Years 0 Months | Current |
| Vadakemaliakalgopuvihar Parameswarannair Sasikumar Also directs: Qcad Engineering Services Private Limited | Director | 12 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Qwave Soft Systems India Private Limited is audited by K. VENKATACHALAM AIYER AND COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. VENKATACHALAM AIYER AND COMPANY | FY 2021 | 004610S |
Shareholding
The shareholding of Qwave Soft Systems India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qwave Soft Systems India Private Limited, buy the company report.
Legal cases
Qwave Soft Systems India Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Kochi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, Company Appeal(AT) | Company appeal | Filed against the company by an individual | Disposed |
| NCLT, Kochi | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Qwave Soft Systems India 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 Qwave Soft Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qwave Soft Systems India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACQ3036B1Z7 | Kerala | Active | 01 Jul 2017 |
| 32AAACQ3036B3Z5 | Kerala | Active | 12 Apr 2019 |
To see the full GST registrations and return filing status of Qwave Soft Systems India Private Limited, buy the company report.
Recent activity
Qwave Soft Systems India Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Syamala Bindu ceased to be Additional Director on 28 Sep 2020.
AGM
Qwave Soft Systems India Private Limited last Annual general meeting of members was held on 25 Feb 2022 as per latest MCA records.
Filing
Qwave Soft Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Ceased
Syamala Bindu ceased to be Additional Director.
Ceased
Vadakemaliakalgopuvihar Parameswarannair Sasikumar ceased to be Additional Director.
Ceased
Manoj Sukumaran ceased to be Director.
Ceased
Parameswaran Gopakumar ceased to be Director.
Appointed
Syamala Bindu was appointed as Director.
Appointed
Vadakemaliakalgopuvihar Parameswarannair Sasikumar was appointed as Director.
Incorporation
27 Feb 2013
Qwave Soft Systems India Private Limited was registered on 27 Feb 2013 with Roc Ernakulam & aged 13 years 7 months as per MCA records.
Frequently asked questions
Qwave Soft Systems India is an active private limited company based in Kochi, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 27 February 2013 (13+ years old) and is registered under CIN U52392KL2013PTC033413.
Qwave Soft Systems India has 2 current directors:
- Syamala Bindu - Director
- Vadakemaliakalgopuvihar Parameswarannair Sasikumar - Director
The latest financial statements of Qwave Soft Systems India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 February 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Qwave Soft Systems India is 32AAACQ3036B1Z7, registered in Kerala. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAACQ3036B3Z5 (Kerala).
The CIN (Corporate Identification Number) of Qwave Soft Systems India is U52392KL2013PTC033413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qwave Soft Systems India has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the nclt.
Qwave Soft Systems India was incorporated on 27 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Syamala Bindu ceased to be Additional Director on 28 Sep 2020. Vadakemaliakalgopuvihar Parameswarannair Sasikumar ceased to be Additional Director on 28 Sep 2020. Manoj Sukumaran ceased to be Director on 15 Oct 2019. Qwave Soft Systems India has 6 board changes on record in total.
Yes, Qwave Soft Systems India is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0016624).
Qwave Soft Systems India can be reached through the website qwaveinc.com. Its registered office is in Kochi, Kerala, India.