About We Excel Software Private Limited
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We Excel Software Private Limited is a private limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U62090CH2006PTC030655. Its GSTIN is 04AAACW6919R1ZP (Chandigarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Nitin Monga and Navdeep Monga.
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 Netsmartz House Plot No. 10 4th Floor Rajiv Gandhi Chandigarh Techn, Ology Park, Chandigarh, India – 160101.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.19 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹15.62 Cr (net margin 22.9%) and EBITDA of ₹22.46 Cr (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
The company is associated with 1 brand: WE Excel. As per MCA filings, the company has open charges of ₹18.1 Cr and satisfied charges of ₹2.39 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weexcel.in.
Company details
CIN history
We Excel Software has one previous CIN (Corporate Identification Number): U72200CH2006PTC030655. The current CIN is U62090CH2006PTC030655, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62090CH2006PTC030655 | Current |
| U72200CH2006PTC030655 | Previous |
Contact details
We Excel Software Private Limited's registered office is in Chandigarh, Chandigarh.
- Social Media
- Registered AddressNetsmartz House Plot No. 10 4th Floor Rajiv Gandhi Chandigarh Techn, Ology Park, Chandigarh, India – 160101
- IndustryInformation Technology, IT Consulting & Support 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
Brands
We Excel Software operates one associated brand: WE Excel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers tech solutions for education, ERP, agriculture, and cybersecurity services. | weexcel.in |
Business activity
The main business activity of We Excel Software is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of We Excel Software Private Limited, buy the company report.
Financials of We Excel Software Private Limited
FY 2025 filings availableWe Excel Software Private Limited reported revenue of ₹68.19 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 35% growth in the latest year. EBITDA rose 44% 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 | ₹22.46 Cr | ||||
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| Net Profit (PAT) | ₹15.62 Cr | ||||
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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 | 32.9% | ||||
| Net Profit Margin | 22.9% | ||||
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To see the full financial statements and ratios of We Excel Software Private Limited, buy the company report.
Board of directors of We Excel Software Private Limited
We Excel Software has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Monga Also directs: Future Fueltech Private Limited, Cropbiz Circle Private Limited, We Excel Serve Smart Private Limited and 4 more | Director | 28 Dec 2006 | 19 Years 10 Months | Current |
| Navdeep Monga Also directs: We Excel Serve Smart Private Limited | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2024 | 100967304 | Hdfc Bank Limited | ₹1.25 Cr | Open | |
| 30 May 2023 | 100731372 | Others | ₹15.5 Cr | Open | |
| 19 Jul 2022 | 100604491 | Others | ₹1.35 Cr | Open | |
| 21 Oct 2020 | 100405166 | Hdfc Bank Limited | ₹64 Lakh | Satisfied | |
| 20 Jul 2018 | 100249521 | Axis Bank Limited | ₹24.74 Lakh | Satisfied |
To see the full charge records of We Excel Software Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
We Excel Software Private Limited has 2 court cases on record: 1 filed by We Excel Software, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Deputy Commissioner of Income Tax Circle 1 (1) Chandigarh | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Deputy Commissioenr of Income Tax and Others | Disposed |
To see the full case history of We Excel Software 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
We Excel Software Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 7 micro and small suppliers. 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Iprofit Private Limited | |||
| Qonevo Technologies Private Limited | |||
| Appworx IT Solutions Private Limited | |||
| Kap Computer Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of We Excel Software Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
We Excel Software has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACW6919R1ZP | Chandigarh | Active | 01 Jul 2017 |
| 03AAACW6919R1ZR | Punjab | Active | 11 Feb 2023 |
To see the full GST registrations and return filing status of We Excel Software Private Limited, buy the company report.
Recent activity
We Excel Software Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Vikram Monga ceased to be Director on 01 Jan 2021.
11 earlier events are in the company report.
Frequently asked questions
We Excel Software is an active private limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 December 2006 (20+ years old) and is registered under CIN U62090CH2006PTC030655.
We Excel Software has 2 current directors:
- Nitin Monga - Director
- Navdeep Monga - Director
The latest financial statements of We Excel Software 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 We Excel Software is 04AAACW6919R1ZP, registered in Chandigarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAACW6919R1ZR (Punjab).
The CIN (Corporate Identification Number) of We Excel Software is U62090CH2006PTC030655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Excel Software has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
We Excel Software was incorporated on 28 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
Vikram Monga ceased to be Director on 01 Jan 2021. Navdeep Monga ceased to be Additional Director on 30 Sep 2019. Navdeep Monga was appointed as Director on 11 Mar 2019. We Excel Software has 7 board changes on record in total.
We Excel Software has 6 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 7 micro and small suppliers. The latest return was filed on 31 Aug 2023.
We Excel Software can be reached through the website weexcel.in. Its registered office is in Chandigarh, India.
The registered office of We Excel Software is at Netsmartz House Plot No. 10 4th Floor Rajiv Gandhi Chandigarh Techn, Ology Park, Chandigarh, India – 160101.
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