S-Wave Systems Private Limited
About S-Wave Systems Private Limited
Data last updated:
S-Wave Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer segment of the electronics sector. It was incorporated on 13 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64203KA2000PTC027957. Its GSTIN is 29AAFCS0386R1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Krishnamurthy Kumar (Managing Director) and Thiyagarajan Muthian.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.19 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹4.29 Lakh (net margin -7.3%) and EBITDA of -₹3.42 Lakh (EBITDA margin -5.8%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S-Wave Systems Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address740 Saga 1st Block, 4th Main, Bangalore, Karnataka, India – 560075
- IndustryElectrnoics, Computer, Scientific Measuring Equipment, Electronic, Communication
To see the full contact details of S-Wave Systems 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
Business activity
The main business activity of S-Wave Systems is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of S-Wave Systems Private Limited, buy the company report.
Financials of S-Wave Systems Private Limited
FY 2025 filings availableS-Wave Systems Private Limited reported revenue of ₹59.19 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 40% fall in the latest year. EBITDA fell 157% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.42 Lakh | ||||
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| Net Profit (PAT) | -₹4.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -5.8% | ||||
| Net Profit Margin | -7.3% | ||||
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To see the full financial statements and ratios of S-Wave Systems Private Limited, buy the company report.
Board of directors of S-Wave Systems Private Limited
S-Wave Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thiyagarajan Muthian Also directs: Alpha Imager Private Limited, Visionics (India) Private Limited | Director | 13 Oct 2000 | 26 Years 0 Months | Current |
| Krishnamurthy Kumar | Managing Director | 13 Oct 2000 | 26 Years 0 Months | Current |
| Anil Gangadhar Shanbhag | Director | 13 Oct 2000 | 26 Years 0 Months | Current |
Peer comparison
S-Wave Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of computer, electronic and optical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minanu Technologies Private Limited | ₹61.39 Lakh (FY 2025) | 293.0% | Chennai, Tamil Nadu, India | |||
| JPG Hardwares Private Limited | ₹61.36 Lakh (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| The Quality Iron and Steel Works Pvt Ltd | ₹61.04 Lakh (FY 2025) | 41.0% | Kolhapur, Maharashtra, India | |||
| Activato Power Electronics Private Limited | ₹60.72 Lakh (FY 2025) | -40.0% | Ahmedabad, Gujarat, India | |||
| Canton Circuits Board & Electronics Private Limited | ₹59.19 Lakh (FY 2024) | 77.0% | New Delhi, Delhi, India | |||
| S-Wave Systems Private Limitedthis company | ₹59.19 Lakh (FY 2025) | -₹4.29 Lakh | -7.3% | -40.0% | Bangalore, Karnataka, India | |
| Super J S Electronic Private Limited | ₹58.38 Lakh (FY 2025) | Ghaziabad, Uttar Pradesh, India | ||||
| Unis Avionics Private Limited | ₹57.8 Lakh (FY 2025) | 37.0% | Bangalore, Karnataka, India | |||
| Sses Solutions Utkarsh Private Limited | ₹56.56 Lakh (FY 2025) | -66.0% | Dadri, Uttar Pradesh, India | |||
| Eltko Labs Private Limited | ₹55.57 Lakh (FY 2025) | -14.0% | Ambala, Haryana, India | |||
| Virbhu India Private Limited | ₹54.76 Lakh (FY 2025) | 49.0% | Vadodara, Gujarat, India |
To see the full peer comparison of S-Wave Systems Private Limited, buy the company report.
Auditor
S-Wave Systems Private Limited is audited by M.K.D.Pai & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.K.D.Pai & Co | FY 2017 | 002524S |
Shareholding
The shareholding of S-Wave Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S-Wave Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving S-Wave Systems 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 S-Wave Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
S-Wave Systems has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
S-Wave Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS0386R1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S-Wave Systems Private Limited, buy the company report.
Recent activity
S-Wave Systems Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Rajagopalan Raghavan ceased to be Director on 13 Mar 2017.
Frequently asked questions
S-Wave Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in computer, within the electronics industry. It was incorporated on 13 October 2000 (26+ years old) and is registered under CIN U64203KA2000PTC027957.
S-Wave Systems has 3 current directors:
- Krishnamurthy Kumar - Managing Director
- Thiyagarajan Muthian - Director
- Anil Gangadhar Shanbhag - Director
The latest financial statements of S-Wave Systems 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 2015 are in the company report.
The GSTIN of S-Wave Systems is 29AAFCS0386R1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of S-Wave Systems is U64203KA2000PTC027957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S-Wave Systems was incorporated on 13 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of S-Wave Systems by revenue are Minanu Technologies Private Limited, JPG Hardwares Private Limited, The Quality Iron and Steel Works Pvt Ltd, Activato Power Electronics Private Limited, Canton Circuits Board & Electronics Private Limited and 5 more, all in the same principal business activity (manufacture of computer, electronic and optical products).
Rajagopalan Raghavan ceased to be Director on 13 Mar 2017. Anil Gangadhar Shanbhag was appointed as Director on 13 Oct 2000. Krishnamurthy Kumar was appointed as Managing Director on 13 Oct 2000. S-Wave Systems has 4 board changes on record in total.
The registered office of S-Wave Systems is at 740 Saga 1st Block, 4th Main, Bangalore, Karnataka, India – 560075.
S-Wave Systems operates in the electronics industry, in the computer segment.
The compliance status of S-Wave Systems is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
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