
About Realwear Technologies India Private Limited
Data last updated:
Realwear Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Realwear Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74995KA2018FTC112681. Its GSTIN is 29AAICR9200Q1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Timon Binder and Sebastian Tsirin Beetschen.
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 No.448 9th Cross J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.21 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹99.42 Lakh (net margin 10.8%) and EBITDA of ₹1.41 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RealWear.
For more details, the company can be reached via its website realwear.com.
Company details
Contact details
Realwear Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is realwear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.448 9th Cross J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Realwear Technologies India 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
Realwear Technologies India operates one associated brand: RealWear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of wearable heads-up display for industrial workers | realwear.com |
Financials of Realwear Technologies India Private Limited
FY 2024 filings availableRealwear Technologies India Private Limited reported revenue of ₹9.21 Cr (up 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 18% growth in the latest year. EBITDA rose 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹99.42 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 10.8% | ||||
| 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 Realwear Technologies India Private Limited, buy the company report.
Board of directors of Realwear Technologies India Private Limited
Realwear Technologies India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Timon Binder | Additional Director | 08 Apr 2025 | 1 Years 6 Months | Current |
| Sebastian Tsirin Beetschen | Additional Director | 08 Apr 2025 | 1 Years 6 Months | Current |
| Jagannath Subramanyam | Additional Director | 24 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Realwear Technologies India Private Limited is audited by MUKUNDA SHIVA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUNDA SHIVA & ASSOCIATES | FY 2023 | 011768S |
Shareholding
The shareholding of Realwear Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Realwear Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Realwear Technologies India 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 Realwear Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Realwear Technologies India Private Limited has a workforce of 19 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Realwear Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR9200Q1ZO | Karnataka | Active | 08 Aug 2018 |
To see the full GST registrations and return filing status of Realwear Technologies India Private Limited, buy the company report.
Recent activity
Realwear Technologies India Private Limited has 9 board changes on record since 2019: 5 appointments and 4 cessations. The latest: Andrew Dylan Lee ceased to be Director on 08 Apr 2025.
News
Frequently asked questions
Realwear Technologies 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 27 April 2018 (8+ years old) and is registered under CIN U74995KA2018FTC112681.
Realwear Technologies India has 3 current directors:
- Timon Binder - Additional Director
- Sebastian Tsirin Beetschen - Additional Director
- Jagannath Subramanyam - Additional Director
The latest financial statements of Realwear Technologies India 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 2019 are in the company report.
The GSTIN of Realwear Technologies India is 29AAICR9200Q1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Realwear Technologies India is U74995KA2018FTC112681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Realwear Technologies India was incorporated on 27 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Andrew Dylan Lee ceased to be Director on 08 Apr 2025. Sebastian Tsirin Beetschen was appointed as Additional Director on 08 Apr 2025. Timon Binder was appointed as Additional Director on 08 Apr 2025. Realwear Technologies India has 9 board changes on record in total.
Realwear Technologies India can be reached through the website realwear.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Realwear Technologies India is at No.448 9th Cross J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
Realwear Technologies India operates in the information technology industry, in the IT consulting and support services segment.

