About Waa Cables Private Limited
Data last updated:
Waa Cables Private Limited is a private limited company based in Gandhinagar, Gujarat, India, a subsidiary of Waaree Energies Limited and recognised as a startup by DPIIT. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 06 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2008PTC157453. Its GSTIN is 24AAACW7992C1Z7 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹23.78 Lakh. It was formerly known as Waaree Solar Energy Private Limited and Waaree Oils Private Limited. It is led by directors including Ketan Vora and Ruchi Meet Shah.
Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.73 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹4.4 Cr (net margin 7.8%) and EBITDA of ₹6.2 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 300% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Waacables. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹18 Lakh; the latest was in March 2021. Its 10 peer companies in the Manufacturing industry (Cables and Wires) are compared by revenue, 5 larger and 5 smaller; the largest is Cmi Limited with revenue of ₹58.08 Cr. The company has 5 MSME Form 1 returns on record between 2021 and 2023, listing 61 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waacables.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
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- Registered AddressOffice No 321N, 3rd Floor Infocity Supermall 1, Gandhinagar, Gujarat, India – 382007
- IndustryManufacturing, Cable & Wire
- 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
Business Activity of Waa Cables Private Limited
The main business activity of Waa Cables is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Waa Cables Private Limited FY 2025 filings available
Waa Cables Private Limited reported revenue of ₹56.73 Cr (up 108% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Waa Cables Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 300% over five years, including 108% growth in the latest year. EBITDA rose 196% 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 Waa Cables Private Limited
| 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 | ₹6.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.4 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 of Waa Cables Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Waa Cables 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 Waa Cables Private Limited
Waa Cables Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cables and Wires). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cmi Limited Listed | ₹58.08 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Delhi, India |
| Partap Wires (India) Private Limited | ₹57.95 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Himachal Pradesh, India |
| Resistance Alloys (India) Private Limited | ₹57.79 Cr (FY 2025) | •••• | •••• | 1210.0% | •••• | Uttar Pradesh, India |
| Bharat Electrical Accessories Pvt.Ltd. | ₹57.72 Cr (FY 2024) | •••• | •••• | -76.0% | •••• | Kolkata, West Bengal, India |
| Marshall Wire Private Limited | ₹57.71 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Faridabad, Haryana, India |
| Waa Cables Private Limited this company | ₹56.73 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Gandhinagar, Gujarat, India |
| Barbarik Cable and Transmission Private Limited | ₹56.56 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Raipur, Chhattisgarh, India |
| Rajyalakshmi Coated Wires Private Limited | ₹56.29 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Mirra and Mirra Industries Private Limited | ₹56 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Kohli Cables Private Limited | ₹55.98 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| CNS Cables India Private Limited | ₹55.63 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Palsana, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Waa Cables by revenue in the Manufacturing industry (Cables and Wires), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Waa Cables Private Limited
Waa Cables has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Vora | Director | 15 Oct 2019 | 6 Years 11 Months | Current |
| Ruchi Meet Shah | Director | 18 Jan 2025 | 1 Years 8 Months | Current |
| Satyam Narendrakumar Khamar | Director | 18 Jan 2025 | 1 Years 8 Months | Current |
| Gaurangkumar Punjabi | Director | 18 Jan 2025 | 1 Years 8 Months | Current |
Charges & Borrowings of Waa Cables Private Limited
Waa Cables Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Waa Cables Private Limited
Waa Cables Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹18 Lakh; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Waaree Energies Limited , Waaree Energies Limited & Hitesh Chimanlal Doshi |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Waaree Energies Limited Seller: an individual |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: Waaree Energies Limited Seller: 2 individuals |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2009 | Funding round | ₹18 Lakh | Investors: 3 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Waa Cables Private Limited
Waa Cables Private Limited has 3 court cases on record: 2 filed by Waa Cables, 1 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Waa Cables Private Limited
Waa Cables Private Limited has 5 MSME Form 1 returns on record between 2021 and 2023, listing 61 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Johnsoncab Electricals Limited | •••• | •••• | •••• |
| M/S. Dev Cable Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Jay Cable Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Waa Cables Private Limited
Waa Cables operates one associated brand: Waacables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of high-quality wires, cables, and solar connectors | waacables.com |
Employees and EPFO Compliance at Waa Cables Private Limited
Employment history and EPFO contributions of people linked to Waa Cables.
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.
Name History of Waa Cables Private Limited
Waa Cables has undergone 2 name changes throughout its history. The company was previously known as Waaree Solar Energy Private Limited, and Waaree Oils Private Limited. The current legal name is Waa Cables Private Limited.
| Company Name | Status |
|---|---|
| Waa Cables Private Limited | Current |
| Waaree Solar Energy Private Limited | Previous |
| Waaree Oils Private Limited | Previous |
CIN History of Waa Cables Private Limited
Waa Cables has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40106GJ2008PTC157453, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106GJ2008PTC157453 | Current |
| U11100MH2008PTC183254 | Previous |
| U40106MH2008PTC183254 | Previous |
Recent Activity on Waa Cables Private Limited
Waa Cables Private Limited has 14 board changes on record since 2010: 4 appointments and 10 cessations. The latest: Gaurangkumar Punjabi ceased to be Additional Director on 10 Jul 2025.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Waa Cables 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.
Subsidiaries & Group Companies of Waa Cables 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 Waa Cables Private Limited
Waa Cables has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW7992C1Z7 | Gujarat | Active | 20 Dec 2019 |
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 Waa Cables 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 Waa Cables Private Limited
Waa Cables is an active private limited company based in Gandhinagar, Gujarat, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 06 June 2008 (18+ years old) and is registered under CIN U40106GJ2008PTC157453.
Waa Cables reported revenue of ₹56.73 Cr for FY 2025 (up 108% YoY).
Waa Cables has 4 current directors:
- Ketan Vora - Director
- Ruchi Meet Shah - Director
- Satyam Narendrakumar Khamar - Director
- Gaurangkumar Punjabi - Director
Waa Cables reported a net profit of ₹4.4 Cr (net margin 7.8%) and EBITDA of ₹6.2 Cr (EBITDA margin 10.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Waa Cables is 68% over three years and 300% over five years. In the latest year (FY 2025) revenue rose 108%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Waa Cables is 24AAACW7992C1Z7, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Waa Cables is U40106GJ2008PTC157453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waa Cables has 3 court cases on record: 2 filed by the company and 1 filed against it.
Waa Cables was incorporated on 06 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Waa Cables has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹18 Lakh; the latest was in March 2021.
The peers of Waa Cables by revenue are Cmi Limited, Partap Wires (India) Private Limited, Resistance Alloys (India) Private Limited, Bharat Electrical Accessories Pvt.Ltd, Marshall Wire Private Limited and 5 more, all in the Manufacturing industry (Cables and Wires).
Gaurangkumar Punjabi ceased to be Additional Director on 10 Jul 2025. Ruchi Meet Shah ceased to be Additional Director on 10 Jul 2025. Satyam Narendrakumar Khamar ceased to be Additional Director on 10 Jul 2025. Waa Cables has 14 board changes on record in total.