About Rightway Solution (India) Private Limited
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Rightway Solution (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 29 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2006PTC048330. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rightway Solutions (India) Private Limited. It is led by directors Abhishak Shyamsunder Agarwal and Nidhi Agrawal.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.24 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹11.99 Lakh (net margin -98%) and EBITDA of -₹5.48 Lakh (EBITDA margin -44.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 23% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Rightway Solution. As per MCA filings, the company has open charges of ₹2.29 Cr and satisfied charges of ₹4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rightwaysolution.com.
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- Registered Address603 6th Floor Parshwanath Esquare Corporate Road Near Prahalad Nagar Gard, En, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Web Design & Maintenance Services
- 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 Rightway Solution (India) Private Limited FY 2025 filings available
Rightway Solution (India) Private Limited reported revenue of ₹12.24 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rightway Solution (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 11% fall in the latest year. EBITDA fell 186% 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 Rightway Solution (India) Private Limited
| 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 | -₹5.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.99 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rightway Solution (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -44.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -98% | •••• | •••• | •••• | •••• |
| 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 Rightway Solution (India) 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 Rightway Solution (India) Private Limited
Rightway Solution (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ncentric Technologies India Private Limited | ₹12.33 Lakh (FY 2021) | •••• | •••• | 190.0% | •••• | Hyderabad, Telangana, India |
| Osho Enterprises Private Limited | ₹12.29 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Raurkela Industrial Township (, Orissa, India |
| Edkal Technologies Private Limited | ₹12.29 Lakh (FY 2025) | •••• | •••• | 641.0% | •••• | Bangalore, Karnataka, India |
| Friendslearn Private Limited | ₹12.27 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Chennai, Tamil Nadu, India |
| Smartworkz Digital Private Limited | ₹12.26 Lakh (FY 2021) | •••• | •••• | 9.0% | •••• | Secunderabad, Telangana, India |
| Rightway Solution (India) Private Limited this company | ₹12.24 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
| Enrich Web Technologies Private Limited | ₹12.22 Lakh (FY 2015) | •••• | •••• | -6.0% | •••• | Aurangabad, Maharashtra, India |
| Savidha Concepts Private Limited | ₹12.21 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Eluru, Andhra Pradesh, India |
| Blah Works Private Limited | ₹12.19 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Shahdara, Delhi, India |
| Principalsoft Technologies Private Limited | ₹12.18 Lakh (FY 2019) | •••• | •••• | 32.0% | •••• | Pune, Maharashtra, India |
| Pentacircle Informatics Private Limited | ₹12.16 Lakh (FY 2018) | •••• | •••• | -54.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Rightway Solution (India) by revenue in the Information Technology industry (IT Consulting and Services), 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 Rightway Solution (India) Private Limited
Rightway Solution (India) Private Limited is audited by M S CHHAJED & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S CHHAJED & CO | 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 Rightway Solution (India) Private Limited
Rightway Solution (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishak Shyamsunder Agarwal Also directs: Designnbuy Webtoprint Private Limited | Director | 29 May 2006 | 20 Years 4 Months | Current |
| Nidhi Agrawal Also directs: Designnbuy Webtoprint Private Limited | Director | 15 May 2008 | 18 Years 4 Months | Current |
Ownership and Shareholding of Rightway Solution (India) Private 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 Rightway Solution (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2023 | Hdfc Bank Limited | ₹1.3 Cr | Open |
| 11 Mar 2010 | Kotak Mahindra Bank Limited | ₹99 Lakh | Open |
| 04 Jun 2007 | State Bank of India | ₹4 Lakh | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Rightway Solution (India) Private Limited
Rightway Solution (India) operates one associated brand: Rightway Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions in application development and print services. | rightwaysolution.com |
Employees and EPFO Compliance at Rightway Solution (India) Private Limited
Rightway Solution (India) Private Limited has a workforce of 1 employees as of Apr 06, 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.
Group Structure of Rightway Solution (India) Private Limited
Rightway Solution (India) has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Designbuy Webtoprint Private Limited | U72200GJ2014PTC078928 | Locked |
| Designnbuy Webtoprint Private Limited | U72200GJ2014PTC078928 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Rightway Solution (India) Private Limited
Rightway Solution (India) Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Rakesh Rameshchandra Jain ceased to be Director on 16 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Rightway Solution (India) Private 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.
MSME Payment Delays by Rightway Solution (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rightway Solution (India) Private 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 Rightway Solution (India) Private Limited
Rightway Solution (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Rightway Solution (India) Private 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 Rightway Solution (India) Private Limited
Rightway Solution (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 29 May 2006 (20+ years old) and is registered under CIN U72200GJ2006PTC048330.
Rightway Solution (India) reported revenue of ₹12.24 Lakh for FY 2024 (down 11% YoY).
Rightway Solution (India) has 2 current directors:
- Abhishak Shyamsunder Agarwal - Director
- Nidhi Agrawal - Director
Rightway Solution (India) reported a net loss of ₹11.99 Lakh (net margin -98%) and EBITDA of -₹5.48 Lakh (EBITDA margin -44.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rightway Solution (India) is 1% over three years and -23% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
No. Rightway Solution (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rightway Solution (India) is U72200GJ2006PTC048330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightway Solution (India) was incorporated on 29 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rightway Solution (India) by revenue are Ncentric Technologies India Private Limited, Osho Enterprises Private Limited, Edkal Technologies Private Limited, Friendslearn Private Limited, Smartworkz Digital Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Rakesh Rameshchandra Jain ceased to be Director on 16 Nov 2022. Nimesh Ajitbhai Mehta ceased to be Director on 07 Nov 2022. Nidhi Agrawal ceased to be Additional Director on 29 Sep 2018. Rightway Solution (India) has 5 board changes on record in total.
Rightway Solution (India) can be reached through the website rightwaysolution.com. Its registered office is in Ahmedabad, Gujarat, India.