About Think Walnut Digital Private Limited
Data last updated:
Think Walnut Digital Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2009PTC192446. Its GSTIN is 27AADCT1788L1ZS (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jai Buddhichand Maroo and Lincoln Jayant Gada.
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 Office No. R3 3rd Floor Plot No. 446 Kesar Horizon, Dr. Babasaheb Ambedkar Road King Circle Matunga Mumbai – 400019, Maharashtra, India – 400019.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.28 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Cr (net margin 4.4%) and EBITDA of ₹2.09 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 36% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Think Walnut. As per MCA filings, the company has satisfied charges of ₹3.23 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thinkwalnut.com.
Company details
Contact details
Think Walnut Digital Private Limited's registered office is in Mumbai, Maharashtra. Its website is thinkwalnut.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. R3 3rd Floor Plot No. 446 Kesar Horizon, Dr. Babasaheb Ambedkar Road King Circle Matunga Mumbai – 400019, Maharashtra, India – 400019
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Think Walnut Digital 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
Think Walnut Digital operates one associated brand: Think Walnut. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides platforms for content monetization, mobile marketing, and recharge services. | thinkwalnut.com |
Business activity
The main business activity of Think Walnut Digital is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Think Walnut Digital Private Limited, buy the company report.
Financials of Think Walnut Digital Private Limited
FY 2025 filings availableThink Walnut Digital Private Limited reported revenue of ₹46.28 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 9% fall in the latest year. EBITDA rose 122% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.04 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Think Walnut Digital Private Limited, buy the company report.
Board of directors of Think Walnut Digital Private Limited
Think Walnut Digital has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Buddhichand Maroo Also directs: Shemaroo Entertainment Limited, Shemaroo Trading Private Limited | Director | 18 May 2009 | 17 Years 5 Months | Current |
| Lincoln Jayant Gada | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Think Walnut Digital Private Limited is audited by V V M P & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V V M P & Co. | FY 2023 | 112880W |
Shareholding
The shareholding of Think Walnut Digital 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 Think Walnut Digital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100533791 | Others | ₹3.23 Cr | Satisfied |
To see the full charge records of Think Walnut Digital Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Think Walnut Digital Private Limited has 5 court cases on record: 5 filed by Think Walnut Digital. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLAT | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Oxigen Services (India) Private Limited. | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Oxigen Services (India) Pvt. Ltd and 1 other | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Vasify Mobile Media Pvt.Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Vasify Mobile Media Pvt. Ltd. | Disposed |
| NCLT, Principal Bench | Insolvency matter | Filed by the company against Oxigen Services (India) Private Limited. | Disposed |
To see the full case history of Think Walnut Digital 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
Think Walnut Digital Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avhan Technologies Private Limited |
To see the full MSME payment records of Think Walnut Digital Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Think Walnut Digital Private Limited has a workforce of 14 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Think Walnut Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT1788L1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Think Walnut Digital Private Limited, buy the company report.
Recent activity
Think Walnut Digital Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Atul Hirji Maru ceased to be Director on 10 Dec 2025.
Frequently asked questions
Think Walnut Digital is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 May 2009 (17+ years old) and is registered under CIN U74900MH2009PTC192446.
Think Walnut Digital has 2 current directors:
- Jai Buddhichand Maroo - Director
- Lincoln Jayant Gada - Director
The latest financial statements of Think Walnut Digital 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 Think Walnut Digital is 27AADCT1788L1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Think Walnut Digital is U74900MH2009PTC192446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Think Walnut Digital has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Think Walnut Digital was incorporated on 18 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Hirji Maru ceased to be Director on 10 Dec 2025. Hiren Uday Gada ceased to be Director on 10 Dec 2025. Lincoln Jayant Gada ceased to be Additional Director on 29 Sep 2025. Think Walnut Digital has 6 board changes on record in total.
Think Walnut Digital has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Jun 2019.
Think Walnut Digital can be reached through the website thinkwalnut.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Think Walnut Digital is at Office No. R3 3rd Floor Plot No. 446 Kesar Horizon, Dr. Babasaheb Ambedkar Road King Circle Matunga Mumbai – 400019, Maharashtra, India – 400019.